J W And Sandra L Mitchell Foundation
- Assets
- $18.9m
- Revenue
- $909.3k
- Investments
- $18.7m
- Employees
- 0
- Location
- Aliso Viejo, CA
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-2945933
Organization Overview
J W And Sandra L Mitchell Foundation is located in Aliso Viejo, CA. The organization was established in 2017. 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. J W And Sandra L Mitchell 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, J W And Sandra L Mitchell Foundation generated $909.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.7%) each year.
Since 2017, J W And Sandra L Mitchell Foundation has awarded 119 individual grants totaling $5,781,300. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO PUBLIC CHARITIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra L Mitchell Trustee | 0 | $0 | |
Richard C Goodman Trustee | 0 | $30,000 | |
Howard M Schulman Trustee | 0 | $30,000 | |
John J Swigart Jr Trustee | 0 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,432 |
| Dividends & Interest | $538,786 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $330,623 |
| Capital Gain Net Income | $1,944 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,477 |
| Total Revenue | $909,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,663 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129,582 |
| Total operating and administrative expenses | $228,710 |
| Contributions, gifts, grants paid | $1,089,000 |
| Total expenses and disbursements | $1,317,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,080 |
| Savings and temporary cash investments | $94,308 |
| 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 | $4,604 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,711,725 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,856,717 |
| 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, J W And Sandra L Mitchell Foundation has awarded $1,674,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ASPCA PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $20,000 |
AMERICAN BRAIN TUMOR ASSOCIATION PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $20,000 |
ANIMAL GUARDIANS HORSE RESCUE PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $20,000 |
BOYS HOPE GIRLS HOPE PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $100,000 |
CANINE COMPANIONS FOR INDEPENDENCE PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $20,000 |
CHARTER 100 PURPOSE: TO AID IN CHARITABLE ACTIVITIES | $35,000 |