Travers Family Foundation Trust
- Assets
- $62.9m
- Revenue
- $1.7m
- Investments
- $62.8m
- Employees
- 0
- Location
- Lafayette, CA
- Founding
- 05/1994
- Data as of
- 12/2023
- EIN
- 68-6095780
Organization Overview
Travers Family Foundation Trust is located in Lafayette, CA. The organization was established in 1994. 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. Travers Family Foundation Trust 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 12/2023, Travers Family Foundation Trust generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Travers Family Foundation Trust has awarded 37 individual grants totaling $6,072,616. 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 |
|---|---|---|---|
Elizabeth Travers Trustee | 10 | $0 | |
Todd Travers Trustee | 10 | $75,000 | |
Gayle Travers Trustee | 10 | $75,000 | |
Nancy Lucas Trustee | 10 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $955,506 |
| Dividends & Interest | $595,142 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,959 |
| Capital Gain Net Income | $37,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $29,538 |
| Other Income | $0 |
| Total Revenue | $1,718,145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $240,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $887,172 |
| Taxes | $20,420 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,920 |
| Printing and publications | $54 |
| Other expenses | $1,453 |
| Total operating and administrative expenses | $1,252,719 |
| Contributions, gifts, grants paid | $1,438,096 |
| Total expenses and disbursements | $2,690,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,329 |
| Savings and temporary cash investments | $0 |
| 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 | $18,340,993 |
| Investments—other | $10,530,237 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $62,855,928 |
| Accounts payable and accrued expenses | $758,000 |
| Grants payable | $5,650,006 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $18,167,973 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,327,801 |
| Total liabilities | $33,903,780 |
Grants Awarded
Over the last fiscal year, Travers Family Foundation Trust has awarded $1,438,096 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
COMMONWEALTH CLUB OF CALIFORNIA PURPOSE: GENERAL PURPOSE | $66,182 |
GOLDEN GATE LABRADOR PURPOSE: GENERAL PURPOSE | $3,000 |
EAST BAY SPCA PURPOSE: GENERAL PURPOSE | $25,000 |
GUIDE DOGS FOR THE BLIND PURPOSE: GENERAL PURPOSE | $200,000 |
HUMANE SOCIETY OF SILICON VALLEY PURPOSE: GENERAL PURPOSE | $20,000 |
LIGHTHOUSE FOR THE BLIND PURPOSE: GENERAL PURPOSE | $5,000 |