Segal Family-United World Foundation
- Assets
- $22.7m
- Revenue
- $9.9m
- Investments
- $4.8m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-4449472
Organization Overview
Segal Family-United World Foundation is located in Los Angeles, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Segal Family-United World Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Segal Family-United World Foundation generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Segal Family-United World Foundation has awarded 151 individual grants totaling $3,649,430. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Segal President And CFO | 35 | $445,000 | |
Kirsten Segal Vice President And Secretary | 50 | $305,000 | |
Larry Russ Director | 2 | $0 | |
Matthew Rips Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $136,840 |
| Dividends & Interest | $4,056 |
| Net Rental Income | $658,235 |
| Net Gain on Sale of Assets | $9,509 |
| Capital Gain Net Income | $9,509 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,031,659 |
| Total Revenue | $9,936,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $750,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,815 |
| Depreciation | $95,763 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $84,893 |
| Total operating and administrative expenses | $3,296,448 |
| Contributions, gifts, grants paid | $453,500 |
| Total expenses and disbursements | $3,749,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,459 |
| Savings and temporary cash investments | $8,173,297 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $9,277,479 |
| Investments—mortgage loans | $0 |
| Investments—other | $203,990 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,653,484 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $255,024 |
| Total liabilities | $255,024 |
Grants Awarded
Over the last fiscal year, Segal Family-United World Foundation has awarded $453,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMER FRIENDS-NEVE SHALOM WAHAT AL SALAM PURPOSE: GENERAL OPERATING | $75,000 |
HARVARD-WESTLAKE SCHOOL PURPOSE: GENERAL OPERATING | $60,000 |
INSTITUTE FOR SHIPBOARD EDUCATION PURPOSE: GENERAL OPERATING | $25,000 |
KEEP MEMORY ALIVE PURPOSE: GENERAL OPERATING | $5,000 |
MYOTONIC DYSTROPHY FOUNDATION PURPOSE: GENERAL OPERATING | $2,000 |
PENCILS OF PROMISE PURPOSE: GENERAL OPERATING | $50,000 |