Kirsonis Family Foundation
- Assets
- $2.0m
- Revenue
- $12.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Malibu, CA
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 54-6510745
Organization Overview
Kirsonis Family Foundation is located in Malibu, CA. The organization was established in 2003. 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. Kirsonis Family 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, Kirsonis Family Foundation generated $12.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $124.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kirsonis Family Foundation has awarded 272 individual grants totaling $1,255,432. 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 Andrius Kirsonis Trustee | 0 | $0 | |
Vilija Kirsonis Trustee | 0 | $0 | |
Al C Mikuckis Trustee | 0 | $0 | |
Vaida V Mikuckis Trustee | 0 | $0 | |
Dr Richard Hart Trustee | 0 | $0 | |
Dr Andrius Kirsonis Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,988 |
| Dividends & Interest | $28,501 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$41,623 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $556 |
| Total Revenue | $12,422 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,117 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,207 |
| Total operating and administrative expenses | $12,959 |
| Contributions, gifts, grants paid | $111,121 |
| Total expenses and disbursements | $124,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,750 |
| Savings and temporary cash investments | $1,036,789 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,001,625 |
| Total assets | $2,041,164 |
| 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, Kirsonis Family Foundation has awarded $222,242 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
LITHUANIAN CHILDREN'S HOPE PURPOSE: FINANCIAL SUPPORT | $37,271 |
LITHUANIAN AMERICAN COMMUNITY PURPOSE: FINANCIAL SUPPORT | $10,000 |
LITHUANIAN SCOUTS ASSOC PURPOSE: FINANCIAL SUPPORT | $1,000 |
LITHUANIAN WORLD ARTS COUNCIL PURPOSE: FINANCIAL SUPPORT | $1,000 |
SAINT CASIMIR'S CHURCH PURPOSE: FINANCIAL SUPPORT | $500 |
LITHUANIAN RESEARCH AND STUDY CENTE PURPOSE: FINANCIAL SUPPORT | $1,000 |