Herbalife Nutrtion Foundation

Organization Overview

Herbalife Nutrtion Foundation is located in Los Angeles, CA. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Herbalife Nutrtion 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 12/2021, Herbalife Nutrtion Foundation generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $5.8m during the year ending 12/2021. While expenses have increased by 4.2% 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 2014, Herbalife Nutrtion Foundation has awarded 200 individual grants totaling $8,792,651. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE LIVES OF CHILDREN AND COMMUNITIES AROUND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOR 2021, HERBALIFE NUTRITION FOUNDATION (HNF) GAVE ANNUAL GRANTS OF $4.74M TO 167 NON-PROFIT ORGANIZATIONS IN 59 COUNTRIES AROUND THE WORLD TO HELP OVER 216,000 CHILDREN RECEIVE OVER 9 MILLION MEALS!38% OF THE ORGANIZATIONS HNF SUPPORTS ARE ORPHANAGES, 22% ARE COMMUNITY CENTERS, 12% ARE AFTER SCHOOL CENTERS, AND THE REST ARE COMMUNITY IMPROVEMENT ORGANIZATIONS, ELEMENTARY/SECONDARY SCHOOLS, HOMELESS SHELTERS, HOSPICES, HOSPITALS, PRESCHOOLS, AND WOMEN'S SHELTERS.$2.6M OF HNF'S GRANTS WENT FOR FOOD SUBSIDY, $845K FOR NUTRITION STAFF, $317K FOR NUTRITION EDUCATION, AND THE REST FOR CAPITAL SUPPORT, GENERAL OPERATING, KITCHEN RENOVATIONS, AND OTHER.


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Board, Officers & Key Employees

Name (title)Compensation
Dr John Agwunobi
Vice President
$0
Richard Caloca
Treasurer
$0
Alan Hoffman
President
$0
Henry Wang
Secretary
$0
Desmond Walsh
Chairman
$0
Jenny Perez
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$391,631
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,298,304
Noncash contributions included in lines 1a–1f $10,298
Total Revenue from Contributions, Gifts, Grants & Similar$7,689,935
Total Program Service Revenue$0
Investment income $251,982
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $150,211
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,092,128

Grants Awarded

Over the last fiscal year, Herbalife Nutrtion Foundation has awarded $1,773,767 in support to 42 organizations.

Grant RecipientAmount

WORLD FOOD PROGRAM USA

Org PageRecipient Profile

Washington, DC

PURPOSE: NUTRITION

$333,334

Washington, DC

PURPOSE: NUTRITION

$90,000

Washington, DC

PURPOSE: NUTRITION

$60,000

CHILDREN'S INSTITUTE INC

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: NUTRITION

$50,000

CHILDREN'S HOME NETWORK

Org PageRecipient Profile

Tampa, FL

PURPOSE: NUTRITION

$50,000

A PLACE CALLED HOME

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: NUTRITION

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Herbalife Nutrtion Foundation has recieved totaling $30,328.

Awarding OrganizationAmount
Pledgeling Foundation

Venice, CA

PURPOSE: GENERAL

$20,505
Pledgeling Foundation

Venice, CA

PURPOSE: GENERAL

$9,327
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$496
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,974,853
Earnings$602,852
Admin Expense$57,801
Net Contributions$1,973,300
Ending Balance$10,493,204

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