Ted And Jillyn Verdon Private Foundation
- Assets
- $608.6k
- Revenue
- $120.0k
- Investments
- $605.0k
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 80-0872128
Organization Overview
Ted And Jillyn Verdon Private Foundation is located in Newport Beach, CA. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ted And Jillyn Verdon Private Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Ted And Jillyn Verdon Private Foundation has awarded 77 individual grants totaling $287,250. 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 |
|---|---|---|---|
Ted Verdon Director | 0 | $0 | |
Charles Haggerty Director | 0 | $0 | |
Steve Mcguigan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $431 |
| Interest on Savings | $103 |
| Dividends & Interest | $5,304 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,172 |
| Capital Gain Net Income | $114,172 |
| Net ST Capital Gain | $122,873 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,010 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $612 |
| Total operating and administrative expenses | $5,386 |
| Contributions, gifts, grants paid | $39,500 |
| Total expenses and disbursements | $44,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,553 |
| 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 | $605,013 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $608,566 |
| 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, Ted And Jillyn Verdon Private Foundation has awarded $39,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MISSION SAN JUAN CAPISTRANO PURPOSE: GIFT | $10,000 |
WYLAND FOUNDATION PURPOSE: GIFT | $7,500 |
ORANGE COUNTY RESCUE MISSION PURPOSE: GIFT | $7,000 |
OUR LADY QUEEN OF ANGELS PURPOSE: GIFT | $5,000 |
AHRC SUFFOLK CHAPTER PURPOSE: GIFT | $5,000 |
LOURDES FOUNDATION PURPOSE: GIFT | $5,000 |