Bagnard Family Foundation
- Assets
- $13.1m
- Revenue
- $21.0k
- Investments
- $12.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 83-0635898
Organization Overview
Bagnard Family 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. Bagnard Family 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, Bagnard Family Foundation generated $21.0k 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 (46.1%) each year. All expenses for the organization totaled $958.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bagnard Family Foundation has awarded 30 individual grants totaling $1,828,500. 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 |
|---|---|---|---|
Jacqueline A Bagnard Trustee | 1 | $0 | |
William W Bagnard Trustee | 1 | $0 | |
Tamara Bagnard Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $371,412 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$352,156 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,782 |
| Total Revenue | $21,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,432 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115,589 |
| Total operating and administrative expenses | $130,021 |
| Contributions, gifts, grants paid | $828,500 |
| Total expenses and disbursements | $958,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,209 |
| Savings and temporary cash investments | $208,011 |
| 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 | $4,647,548 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,131,631 |
| 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, Bagnard Family Foundation has awarded $828,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE CALLED HOME PURPOSE: TO SUPPORT AN ORGANIZATION THAT PROVIDES A SAFE ENVIRONMENT FOR GANG-AFFECTED YOUTH IN THE SOUTH CENTRAL LA | $75,000 |
HARVARD-WESTLAKE HIGH SCHOOL PURPOSE: TO PROVIDE EMERGENCY AID TO STUDENTS IMPACTED BY PERSONAL HARDSHIPS | $150,000 |
LIBRARY FOUNDATION OF LOS ANGELES PURPOSE: TO SUPPORT FREE ONLINE TUTORING FOR LOS ANGELES COUNTY STUDENTS K-12 | $50,000 |
NEW VILLAGE GIRLS ACADEMY PURPOSE: TO HELP YOUNG WOMEN PARTICIPATE IN THE DESIGN OF THE AUTHENTIC PROJECTS THAT HELP DEVELOP THEIR CREATIVITY | $35,000 |
THE PARISH OF STMATTHEW PURPOSE: TO IMPROVE ACCESSIBILITY AND RESTORE CHURCH AND SURROUNDING GROUNDS | $200,000 |
UNIVERSITY OF MICHIGAN ANN ARBOR PURPOSE: TO INCREASE DIVERSITY AMONG THE UNIVERSITY OF MICHIGAN STUDENT BODY | $100,000 |