Pine Meer Foundation
- Assets
- $989.3k
- Revenue
- $214.7k
- Investments
- $648.4k
- Employees
- 0
- Location
- Palos Verdes Peninsula, CA
- Founding
- 12/2017
- Data as of
- 12/2023
- EIN
- 82-3446209
Organization Overview
Pine Meer Foundation is located in Palos Verdes Peninsula, 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. Pine Meer 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 12/2023, Pine Meer Foundation generated $214.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year .
Since 2018, Pine Meer Foundation has awarded 37 individual grants totaling $121,970. 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 |
|---|---|---|---|
L Ried Schott Director | 5 | $0 | |
Susan Nunnery Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $114,626 |
| Interest on Savings | $1,601 |
| Dividends & Interest | $28,023 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,280 |
| Capital Gain Net Income | $70,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $217 |
| Total Revenue | $214,747 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $313 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $327 |
| Total operating and administrative expenses | $1,590 |
| Contributions, gifts, grants paid | $45,205 |
| Total expenses and disbursements | $46,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,450 |
| Savings and temporary cash investments | $489 |
| 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 | $989,291 |
| 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, Pine Meer Foundation has awarded $45,205 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ST ANTONIUS ATHLETIC ASSOC PURPOSE: PREVENT JUVENILE DELIQUENCY THROUGH ATHLETICS | $2,000 |
KENTON COUNTY HISTORICAL SOCIETY PURPOSE: PROMOTION PRESERVATION RESEARCH COUNTY HISTORY | $500 |
KENTON COUNTY YOUTH SPORTS PURPOSE: PROMOTE YOUTH ATHLETICS | $2,400 |
WM C SCHOTT MEMORIAL ASSOCIATION PURPOSE: PREVENT JUVENILE DELIQUENCY THROUGH ATHLETICS | $14,700 |
OAK HILL YOUTH ATHLETICS PURPOSE: PREVENT JUVENILE DELIQUENCY THROUGH ATHLETICS | $5,000 |
DELHI RADIO PURPOSE: PROVIDE RADIO STATION IN DELHI TOWNSHIP | $105 |