James Annenberg La Vea Charitable Foundation
- Assets
- $189.1m
- Revenue
- $9.0m
- Investments
- $174.8m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 65-6323823
Organization Overview
James Annenberg La Vea Charitable Foundation is located in Philadelphia, PA. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Annenberg LA Vea Charitable 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, James Annenberg LA Vea Charitable Foundation generated $9.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $12.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, James Annenberg LA Vea Charitable Foundation has awarded 63 individual grants totaling $30,823,764. 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 |
|---|---|---|---|
Lawrence J Miller Esquire Co-Trustee | 5 | $264,512 | |
Glenmede Trust Co N A Co-Trustee | 40 | $586,562 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,789,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,148,520 |
| Capital Gain Net Income | $4,148,520 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $93,050 |
| Total Revenue | $9,031,566 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $851,074 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $132,827 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,019,966 |
| Contributions, gifts, grants paid | $11,176,330 |
| Total expenses and disbursements | $12,196,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,791,893 |
| Net Accounts receivable | $535,305 |
| 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 | $174,801,445 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $189,128,643 |
| 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, James Annenberg La Vea Charitable Foundation has awarded $11,176,330 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF BROWARD INC PURPOSE: IN HONOR OF JAMES ANNENBERG | $447,053 |
BOY SCOUTS OF AMERICA PURPOSE: IN HONOR OF JAMES ANNENBERG | $614,698 |
CHILDREN'S HOME SOCIETY OF FLORIDA INC PURPOSE: IN HONOR OF JAMES ANNENBERG | $447,053 |
BOYS AND GIRLS CLUB OF AMERICA PURPOSE: IN HONOR OF JAMES ANNENBERG | $447,053 |
CHILDRENS HOSPITAL CORPORATION DBA PURPOSE: IN HONOR OF JAMES ANNENBERG | $502,935 |
CHILDRENS HUNGER FUND PURPOSE: IN HONOR OF JAMES ANNENBERG | $670,580 |