Belldegrun Family Foundation Inc
- Assets
- $31.9m
- Revenue
- $445.5k
- Investments
- $31.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 47-5149323
Organization Overview
Belldegrun Family Foundation Inc is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Belldegrun Family Foundation Inc 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, Belldegrun Family Foundation Inc generated $445.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.9%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Belldegrun Family Foundation Inc has awarded 74 individual grants totaling $7,538,493. 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 |
|---|---|---|---|
Dr Rebecka Belldegrun Director And President | 2 | $0 | |
Dr Arie Belldegrun Director And Vice-President | 2 | $0 | |
Josh Bradley CFO And Secretary | 2 | $0 | |
Avis Bohlen Secretary | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bellco Capital Advisors Inc | 12/30/22 | $487,500 |
Goldman Sachs & Company | 12/30/22 | $60,744 |
Pure Communications Inc | 12/30/22 | $97,990 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $771,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$325,794 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $445,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $501 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $725 |
| Total operating and administrative expenses | $659,805 |
| Contributions, gifts, grants paid | $1,741,743 |
| Total expenses and disbursements | $2,401,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,043 |
| Savings and temporary cash investments | $384,549 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,419,924 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,853,298 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Belldegrun Family Foundation Inc has awarded $1,741,743 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BRENTWOOD SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $750,000 |
THE INTL CENTRE FOR MISSING & EXPLOITED CHILDREN PURPOSE: GENERAL OPERATING SUPPORT | $7,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
MASS GENERAL BRIGHAM INCORPORATED PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
GLOBAL GIVING FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $13,000 |
UCLA FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |