Aramont Charitable Foundation
- Assets
- $15.4m
- Revenue
- $853.2k
- Investments
- $11.2m
- Employees
- 0
- Location
- Lancaster, CA
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-6473663
Organization Overview
Aramont Charitable Foundation is located in Lancaster, 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 12/2022, Aramont Charitable Foundation generated $853.2k 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 (27.3%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Aramont Charitable Foundation has awarded 58 individual grants totaling $47,915,259. 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 | |
William R Burford Trustee | 0.5 | $0 | |
Antonieta Arango President | 4 | $0 | |
Katherine Hollister Vice President | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $373,086 |
| Interest on Savings | $229,496 |
| Dividends & Interest | $249,453 |
| 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 | $1,135 |
| Total Revenue | $853,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,337 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,846 |
| Total operating and administrative expenses | $112,122 |
| Contributions, gifts, grants paid | $1,910,000 |
| Total expenses and disbursements | $2,022,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,191,315 |
| 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 | $57,054 |
| Total assets | $15,438,248 |
| 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 $1,910,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ASHOKA PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $125,000 |
CHILDREN'S INSTITUTE PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $200,000 |
GOLDMAN SACHS PHILANTHROPY FUND PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $25,000 |
BRAIN AND BEHAVIOR RESEARCH FOUNDATION PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $35,000 |
HEALTH CARE FOUNDATION FOR VENTURA COUNTY PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $300,000 |
LA PHILHARMONIC PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $50,000 |