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.
For the year ending 12/2019, Herbalife Nutrtion Foundation generated $4.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $6.9m during the year ending 12/2019. While expenses have increased by 9.6% per year over the past 5 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 121 individual grants totaling $4,860,753. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE QUALITY OF CHILDREN'S LIVES BY CREATING PROGRAMS AND SUPPORTING NONPROFIT CORPORATIONS WHO BRING GOOD NUTRITION TO CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HERBALIFE NUTRITION FOUNDATION (HNF) CELEBRATED ITS 25TH ANNIVERSARY IN 2019, AND HAD AN AMAZING YEAR IN TERMS OF CASAS, CHILDREN, COUNTRIES, AND GRANTS.FOR CASAS, HNF FUNDED 140 ORGANIZATIONS IN 2018, DIDN'T FUND 12 OF THEM IN 2019, BUT ADDED 43 NEW ORGANIZATIONS, FOR A NEW HIGH OF 171 CASAS IN 2019. WORTH NOTING IS THAT EMEA (EUROPE, MIDDLE EAST, & AFRICA) OPENED THE MOST WITH 16, AND NOW HAS THE MOST WITH 42, AND SAMCAM (SOUTH & CENTRAL AMERICA) EXPERIENCED THE MOST GROWTH, GOING FROM 11 TO 17, 155%.FOR CHILDREN, HNF HAD ONLY HELPED 100,000 BY INCLUDING DISASTER RELIEF, BUT IN 2019, WE EASILY SURPASSED THAT WITHOUT SUCH RELIEF BY HELPING OVER 120,000 CHILDREN IN 2019. WORTH NOTING IS THAT BRAZIL STRATEGICALLY FUNDED A NATIONAL ORGANIZATION INSTEAD OF 2 LOCAL ONES, SO THEY WENT FROM HELPING FEWER THAN 400 CHILDREN TO WELL OVER 4,000, AND NAM (NORTH AMERICA) EXPERIENCED THE 2ND MOST GROWTH, GOING FROM 13,500 TO ALMOST 38,000, 280%.FOR COUNTRIES, HNF HAD PLATEAUED AT AROUND 50 FOR SOME TIME, BUT DUE TO OUR GLOBAL INITIATIVE, WE ADDED 13 NEW ONES FOR A NEW HIGH OF 61 COUNTRIES IN 2019. WORTH NOTING IS THAT EMEA WELCOMED THE MOST WITH 8, AND SAMCAM EXPERIENCED THE MOST GROWTH, GOING FROM 9 TO 13, 144%.FOR GRANTS, HNF HAD BEEN HOVERING AROUND $3M FOR SOME TIME, BUT AGAIN, DUE TO OUR GLOBAL INITIATIVE, WE REACHED A NEW HIGH OF $4.73M IN ANNUAL GRANTS IN 2019. WORTH NOTING IS THAT APAC (ASIA PACIFIC) GRANTED THE MOST W/ $1.27M, AND EMEA EXPERIENCED THE MOST GROWTH, GOING FROM $590K TO $1.05M, 177%.FOR ANNUAL GRANTS, ALMOST ALL REGIONS GAVE MORE IN 2019 THAN IN 2018, A NET ADDITION OF OVER $685,000 MORE.FOR DISASTER RELIEF, HERBALIFE DISTRIBUTORS AND EMPLOYEES CONTINUED TO RESPOND GENEROUSLY AND QUICKLY. VICTIMS OF CYCLONES, FLOODS, AND HURRICANES IN INDIA, MOZAMBIQUE, AND THE UNITED STATES, ALL RECEIVED MORE THAN $138,000.FOR OUR NEW $1M GLOBAL INITIATIVE, HNF OPENED ITS FIRST CASA FUNDED FROM IT IN MEXICO WITH $20,000, 30 MORE AROUND THE WORLD IN 2019 USING $896,000, AND WILL OPEN A FEW MORE WITH THESE FUNDS IN 2020.HUMANITARIAN GRANTS RECOGNIZED THE SELFLESS CHARITY OF ITS TOP DISTRIBUTORS BY HONORING 5 MORE HUMANITARIANS OF THE YEAR, WHO THEN SELECTED NON-PROFIT ORGANIZATIONS TO RECEIVE SMALL GRANTS ON THEIR BEHALF.RESIDUAL GRANTS WERE NEW IN 2019 TO HELP APAC DISTRIBUTE OVER $447,000 FOR SPECIAL PROJECTS, AND SUPPLEMENTAL GRANTS HELPED NAM & SAMCAM DISTRIBUTE ANOTHER $146,000 TO PROVIDE BACK-TO-SCHOOL SUPPLIES, FIGHT BREAST CANCER, RENOVATE KITCHENS, REWARD ACADEMIC SUCCESS, PROVIDE NUTRITION EDUCATION, AND OTHER CAPITAL SUPPORT.ALTOGETHER, MORE THAN $5.47M WAS APPROVED FOR ALL 2019 GRANTS (NOT INCLUDING PARTNERSHIPS), AND ALL BUT $200K WAS PAID IN 2019, WITH THE BALANCE TO BE PAID IS 2020.THE HERBALIFE NUTRITION FOUNDATION CONTINUED TO FUND AMAZING PROJECTS AROUND THE WORLD, OPEN NEW CASAS, RESPOND TO DISASTERS, HONOR HUMANITARIANS, EMBARK ON NEW INITIATIVES AND PARTNERSHIPS, PROVIDE RESIDUAL AND SUPPLEMENTAL SUPPORT, AND RELEASE MORE FUNDS IN 2019 THAN IN 2018, AND WE'LL CONTINUE TO DO EVEN MORE IN 2020
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr John Agwunobi Vice President | OfficerTrustee | 0.4 | $0 |
Alan Hoffman President | OfficerTrustee | 1.5 | $0 |
Desmond Walsh Chairman | OfficerTrustee | 0.4 | $0 |
Richard Caloca Treasurer | OfficerTrustee | 0.7 | $0 |
Alaaeddine Sahibi Secretary | OfficerTrustee | 0.3 | $0 |
Jenny Perez Executive Director | Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,290,790 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,221,286 |
Noncash contributions included in lines 1a–1f | $36,474 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,512,076 |
Total Program Service Revenue | $0 |
Investment income | $311,896 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$56,813 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,767,159 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,130,998 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $4,244,921 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $43,287 |
Fees for services: Other | $127,195 |
Advertising and promotion | $0 |
Office expenses | $182,237 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,044 |
Travel | $5,295 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $11,733 |
All other expenses | $0 |
Total functional expenses | $6,898,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $98,038 |
Savings and temporary cash investments | $2,999,893 |
Pledges and grants receivable | $2,266,033 |
Accounts receivable, net | $250,491 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $121,070 |
Prepaid expenses and deferred charges | $129,896 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $7,011,061 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $28,218 |
Total assets | $12,904,700 |
Accounts payable and accrued expenses | $102,054 |
Grants payable | $156,108 |
Deferred revenue | $222,710 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $480,872 |
Net assets without donor restrictions | $11,799,786 |
Net assets with donor restrictions | $624,042 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $12,904,700 |
Over the last fiscal year, Herbalife Nutrtion Foundation has awarded $2,121,505 in support to 46 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: NUTRITION OR DISASTER RELIEF | $358,333 |
Oklahoma City, OK PURPOSE: NUTRITION OR DISASTER RELIEF | $150,000 |
Los Angeles, CA PURPOSE: NUTRITION OR DISASTER RELIEF | $130,000 |
Washington, DC PURPOSE: NUTRITION OR DISASTER RELIEF | $100,000 |
Houston, TX PURPOSE: NUTRITION OR DISASTER RELIEF | $60,000 |
New Orleans, LA PURPOSE: NUTRITION OR DISASTER RELIEF | $54,818 |
Over the last fiscal year, we have identified 1 grants that Herbalife Nutrtion Foundation has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Denver Foundation Denver, CO PURPOSE: CASAS IN MEXICO THAT HELP UNDERPRIVILEGED CHILDREN | $20,000 |
Beg. Balance | $6,052,662 |
Earnings | $703,157 |
Admin Expense | $43,287 |
Net Contributions | $446,057 |
Ending Balance | $7,158,589 |
Organization Name | Assets | Revenue |
---|---|---|
Ray And Dagmar Dolby Family Fund San Francisco, CA | $99,390,789 | $10,905,334 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $10,569,953 | $10,116,470 |
Colburn Music Fund Los Angeles, CA | $0 | $1,827,507 |
Herbalife Nutrtion Foundation Los Angeles, CA | $12,904,700 | $4,767,159 |
Kla-Tencor Foundation Milpitas, CA | $27,951,327 | $8,476,259 |
Frederick Gardner Cottrell Foundation Tucson, AZ | $51,564,715 | $11,154,134 |
Walter J & Betty C Zable Foundation San Diego, CA | $0 | $3,783,752 |
Harman Family Foundation Los Angeles, CA | $38,212,766 | $3,645,376 |
Kabcenell Family Foundation Portola Valley, CA | $21,668,470 | $1,693,426 |
Intuit Foundation Mountain View, CA | $943,354 | $4,145,973 |
In-N-Out Burgers Foundation Irvine, CA | $35,758,295 | $6,631,731 |
Gardner Grout Foundation Reno, NV | $44,721,641 | $3,909,054 |