Elias Genevieve & Georgianna Atol Char Tr
- Assets
- $15.5m
- Revenue
- $1.8m
- Investments
- $15.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2007
- Data as of
- 06/2023
- EIN
- 51-6590472
Organization Overview
Elias Genevieve & Georgianna Atol Char Tr is located in Los Angeles, CA. The organization was established in 2007. 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. Elias Genevieve & Georgianna Atol Char Tr 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 06/2023, Elias Genevieve & Georgianna Atol Char Tr generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.3m during the year ending 06/2023. While expenses have increased by 10.6% per year over the past 6 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 2018, Elias Genevieve & Georgianna Atol Char Tr has awarded 139 individual grants totaling $4,622,000. 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 |
|---|---|---|---|
Frank Lee CPA Trustee | 15 | $50,000 | |
Kerri Lee Od Trustee | 15 | $50,000 | |
Rachel S Lee Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $313,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,440,465 |
| Capital Gain Net Income | $1,440,465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $49,718 |
| Total Revenue | $1,803,874 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,149 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,729 |
| Total operating and administrative expenses | $175,878 |
| Contributions, gifts, grants paid | $1,166,000 |
| Total expenses and disbursements | $1,341,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $286,906 |
| 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 | $14,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $836,590 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,529,836 |
| 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 | $293,491 |
| Total liabilities | $293,491 |
Grants Awarded
Over the last fiscal year, Elias Genevieve & Georgianna Atol Char Tr has awarded $1,166,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BIKUR CHOLIM HEALTH CARE FUND PURPOSE: TO CONTRIBUTE TO PATIENT AND FAMILY MEMBERS CARE. | $10,000 |
CHURCH OF THE BLESSED SACRAMENT PURPOSE: TO SUPPORT COMMUNITY MEMBERS | $10,000 |
CITY OF HOPE PURPOSE: SUPPORTING CANCER RESEARCH AND COVID RESEARCH | $190,000 |
GOODWILL INDUSTRIES OF CENTRAL ILLINOIS PURPOSE: TO SUPPORT VETERANS' SERVICES | $5,000 |
ERIKA WHITMORE GODWIN FOUNDATION PURPOSE: TO SUPPORT COMMUNITY MEMBERS | $1,000 |
IMMACULATE HEART OF MARY SCHOOL PURPOSE: SUPPORTING ELEMENTARY SCHOOL EDUCATION | $30,000 |