Rafael And Luisa De Marchena-Huyke Foundation
- Assets
- $5.4m
- Revenue
- $29.1k
- Investments
- $4.4m
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 81-4665939
Organization Overview
Rafael And Luisa De Marchena-Huyke Foundation is located in Westlake Village, CA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rafael And Luisa DE Marchena-Huyke 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, Rafael And Luisa DE Marchena-Huyke Foundation generated $29.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $776.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rafael And Luisa DE Marchena-Huyke Foundation has awarded 13 individual grants totaling $1,176,181. 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 Mission:
Part 3 - Line 1
TO RECEIVE AND DISTRIBUTE DONATIONS FROM MR. DE MARCHENA-HUYKE TO SUPPORT THE ARTS IN LOS ANGELES AND NON-PROFITS IN COLOMBIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS DONATIONS TO SUPPORT THE ARTS IN LOS ANGELES
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 |
|---|---|---|---|
Juan Carlos Gonzalez President | Officer | 2.5 | $0 |
David M Niemetz Treasurer | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $67,546 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,435 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,032 |
| Total Revenue | $29,143 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $755 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,139 |
| Total operating and administrative expenses | $76,231 |
| Contributions, gifts, grants paid | $700,031 |
| Total expenses and disbursements | $776,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,573 |
| Savings and temporary cash investments | $994,964 |
| 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 | $4,431,693 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,433,230 |
| 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, Rafael And Luisa De Marchena-Huyke Foundation has awarded $700,031 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES OPERA COMPANY PURPOSE: PUBLIC CHARITY | $61,517 |
LOS ANGELES PHILHARMONIC ASSOCIATIO PURPOSE: PUBLIC CHARITY | $488,256 |
HARMONY PROJECT PURPOSE: PUBLIC CHARITY | $100,000 |
ST FRANCIS CENTER PURPOSE: PUBLIC CHARITY | $258 |
CORPORACION AYUDEMOS PURPOSE: THE PURPOSE OF THE GRANT IS TO PROVIDE FUNDING TO THE GRANTEE TO CONSTRUCT SOLID STRUCTURE HOUSES IN BARRANQUILLA, ATLANTICO, COLOMBIA,SEE ATTACHED EXPENDITURE RESPONSIBILITY STATEMENT. | $50,000 |