Takken Family Charitable Foundation
- Assets
- $100.4k
- Revenue
- $13.9k
- Investments
- $100.4k
- Employees
- 0
- Location
- Paso Robles, CA
- Founding
- 11/1999
- Data as of
- 11/2023
- EIN
- 77-0500130
Organization Overview
Takken Family Charitable Foundation is located in Paso Robles, CA. The organization was established in 1999. 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. Takken Family 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 11/2023, Takken Family Charitable Foundation generated $13.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $3.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert W Takken President | 0 | $0 | |
Linda H Takken Cfo/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,237 |
| Interest on Savings | $0 |
| Dividends & Interest | $611 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,058 |
| Capital Gain Net Income | $12,058 |
| Net ST Capital Gain | $12,058 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,025 |
| Contributions, gifts, grants paid | $2,278 |
| Total expenses and disbursements | $3,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $100,356 |
| 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 | $1,856 |
| Total liabilities | $1,856 |
Grants Awarded
Over the last fiscal year, Takken Family Charitable Foundation has awarded $10,930 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FPAC PURPOSE: TO ASSIST WITH OPERATING EXPENSES | $10,000 |
DIOCESE OF MONTEREY PURPOSE: TO ASSIST WITH OPERATING EXPENSES | $480 |
ST ROSE SCHOOL PURPOSE: TO ASSIST WITH OPERATING EXPENSES | $250 |
SALVATION ARMY PURPOSE: TO ASSIST WITH OPERATING EXPENSES | $200 |