Resnik Family Foundation
- Assets
- $9.2m
- Revenue
- $221.6k
- Investments
- $9.1m
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-3600918
Organization Overview
Resnik Family Foundation is located in Westlake Village, 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. Resnik 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 12/2022, Resnik Family Foundation generated $221.6k 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 (53.3%) each year. All expenses for the organization totaled $726.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Resnik Family Foundation has awarded 120 individual grants totaling $1,667,563. 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 |
|---|---|---|---|
Jennifer M Resnik Director, President | 0.5 | $0 | |
Bryan Weissman Director, CFO And Secretary | 0.25 | $0 | |
Sheila Vasan Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86 |
| Dividends & Interest | $199,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,319 |
| Capital Gain Net Income | $802 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,000 |
| Total Revenue | $221,599 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,990 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,668 |
| Total operating and administrative expenses | $187,625 |
| Contributions, gifts, grants paid | $538,947 |
| Total expenses and disbursements | $726,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,461 |
| Savings and temporary cash investments | $146,045 |
| 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 | $586,055 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,224,388 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $51,426 |
| 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 | $51,426 |
Grants Awarded
Over the last fiscal year, Resnik Family Foundation has awarded $630,376 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH WORLD WATCH PURPOSE: GENERAL OPERATING SUPPORT | $17,947 |
WESTSIDE NEIGHBORHOOD SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
WILDLIFE CONSERVATION NETWORK INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
LOS ANGELES PHILHARMONIC ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $22,500 |
PASADENA HUMANE SOCIETY AND SPCA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
PS ARTS PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |