Latitude Charitable Foundation
- Assets
- $330.5k
- Revenue
- $263.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Visalia, CA
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 82-6743179
Organization Overview
Latitude Charitable Foundation is located in Visalia, 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. Latitude 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 12/2023, Latitude Charitable Foundation generated $263.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $145.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Latitude Charitable Foundation has awarded 361 individual grants totaling $534,333. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SCHOLARSHIP PROGRAM
CONDUCT LANGUAGE CLASSES
MEDICAL GRANTS
HARDSHIP GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxwell Benson Reniers Trustee | 8 | $5,000 | |
Gwyn Llewellyn Reniers Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $255,538 |
| Interest on Savings | $7,800 |
| 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 | $263,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $15,111 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,043 |
| Printing and publications | $0 |
| Other expenses | $26,321 |
| Total operating and administrative expenses | $54,520 |
| Contributions, gifts, grants paid | $90,847 |
| Total expenses and disbursements | $145,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,834 |
| 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 | $41,619 |
| Other assets | $0 |
| Total assets | $330,453 |
| 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, Latitude Charitable Foundation has awarded $89,491 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER BENALCAZAR PURPOSE: SCHOLARSHIP | $2,829 |
WILSON AGUILAR PURPOSE: SCHOLARSHIP | $489 |
ANDERSON CISNEROS PURPOSE: SCHOLARSHIP | $1,469 |
ANTONELLA MARQUEZ PURPOSE: SCHOLARSHIP | $2,099 |
ANDREA ESTEVEZ PURPOSE: SCHOLARSHIP | $500 |
BRITANY SALGADO PURPOSE: SCHOLARSHIP | $500 |