Vadasz Family Foundation
- Assets
- $11.6m
- Revenue
- $685.5k
- Investments
- $11.0m
- Employees
- 0
- Location
- Sonoma, CA
- Founding
- 12/1997
- Data as of
- 11/2023
- EIN
- 77-0469457
Organization Overview
Vadasz Family Foundation is located in Sonoma, CA. The organization was established in 1997. 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. Vadasz 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 11/2023, Vadasz Family Foundation generated $685.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.8m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vadasz Family Foundation has awarded 389 individual grants totaling $14,089,602. 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 |
|---|---|---|---|
Les L Vadasz Dir./pres. | 1 | $0 | |
Judy K Vadasz Dir./treas. | 1 | $0 | |
Jeffrey E Vadasz Dir./sect. | 1 | $0 | |
David Vadasz Director | 1 | $0 | |
Meghan O Banyon Foundation Mgr. | 24 | $165,645 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $245,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $439,632 |
| Capital Gain Net Income | $439,632 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $685,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $169,775 |
| Other employee salaries and wages | $47,525 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,516 |
| Depreciation | $991 |
| Occupancy | $11,531 |
| Travel, conferences, and meetings | $2,953 |
| Printing and publications | $0 |
| Other expenses | $5,838 |
| Total operating and administrative expenses | $281,811 |
| Contributions, gifts, grants paid | $1,487,069 |
| Total expenses and disbursements | $1,768,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $593,533 |
| 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 | $4,512 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,901,717 |
| Net Land, buildings, and equipment | $301 |
| Other assets | $800 |
| Total assets | $11,630,786 |
| Accounts payable and accrued expenses | $4,215 |
| 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 | $4,419 |
| Total liabilities | $8,634 |
Grants Awarded
Over the last fiscal year, Vadasz Family Foundation has awarded $1,487,069 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF SONOMA VALLE PURPOSE: GENERAL SUPPORT | $104,490 |
SONOMA COMMUNITY CENTER PURPOSE: GENERAL SUPPORT | $1,200 |
SSU ACADEMIC FOUNDATION PURPOSE: GENERAL SUPPORT | $15,000 |
LA LUZ CENTER PURPOSE: FUNDRAISING SUPPORT | $5,000 |
MCGILL UNIVERSITY PURPOSE: GENERAL SUPPORT | $25,000 |
KQED PURPOSE: GENERAL SUPPORT | $175,000 |