Graziadio Wellness Foundation
- Assets
- $508.0k
- Revenue
- $951.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redondo Beach, CA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-2091958
Organization Overview
Graziadio Wellness Foundation is located in Redondo Beach, CA. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Graziadio Wellness 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, Graziadio Wellness Foundation generated $951.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (70.0%) each year. All expenses for the organization totaled $35.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS IN THE PLANNING STAGES OF SETTING UP A HEALTHCARE INFORMATION WEBSITE THAT MAKES LECTURE VIDEOS ACCESSIBLE TO THE PUBLIC. PEPPERDINE UNIVERSITY WAS PAID SO THAT THE ORGANIZATION CAN HAVE ACCESS TO THESE LECTURE AND PRESENTATION VIDEOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Louis Graziadio III Former CEO | 5 | $0 | |
Alida Calvillo Secretary | 5 | $0 | |
William Lang CFO | 5 | $0 | |
Mary Lou Graziadio President | 5 | $0 | |
Gina L Graziadio Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $951 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $951 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $330 |
| Total operating and administrative expenses | $9,330 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $35,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,723 |
| Savings and temporary cash investments | $501,263 |
| 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 | $507,986 |
| 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, Graziadio Wellness Foundation has awarded $26,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TORRANCE MEMORIAL FOUNDATION PURPOSE: SUPPORT THE HUNT CANCER CENTER. | $1,000 |
PEPPERDINE UNIVERSITY PURPOSE: SPONSOR THE 2023 FUTURE OF HEALTHCARE SYMPOSIUM. | $25,000 |