Aramont Charitable Foundation
- Assets
- $20.3m
- Revenue
- $851.9k
- Investments
- $20.1m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-6473663
Organization Overview
Aramont Charitable Foundation is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aramont Charitable 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 12/2021, Aramont Charitable Foundation generated $851.9k 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 (31.9%) each year. All expenses for the organization totaled $37.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Aramont Charitable Foundation has awarded 44 individual grants totaling $46,005,259. 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 |
|---|---|---|---|
Lucila E Arango Trustee | 0.5 | $0 | |
Jonathan Lurie Trustee | 0.5 | $0 | |
Katherine Hollister Vice President | 7 | $0 | |
Antonieta Arango President | 4 | $0 | |
William R Burford Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $422,118 |
| Dividends & Interest | $429,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $82,955 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $851,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,225 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,393 |
| Total operating and administrative expenses | $213,927 |
| Contributions, gifts, grants paid | $37,015,059 |
| Total expenses and disbursements | $37,228,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,119 |
| Savings and temporary cash investments | $0 |
| 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 | $20,309,665 |
| 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, Aramont Charitable Foundation has awarded $37,015,059 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $18,690,938 |
New York, NY PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $16,069,121 |
THE UCLA FOUNDATION - UCLA LAW PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $1,000,000 |
THE UCLA FOUNDATION PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $500,000 |
ST JOHN'S HEALTH CENTER FOUNDATION PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $275,000 |
Los Angeles, CA PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |