Louis And Arlene Navias Foundation
- Assets
- $801.9k
- Revenue
- $490.8k
- Investments
- $488.8k
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-0725746
Organization Overview
Louis And Arlene Navias Foundation is located in La Jolla, CA. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Louis And Arlene Navias 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, Louis And Arlene Navias Foundation generated $490.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $220.8k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Louis And Arlene Navias Foundation has awarded 62 individual grants totaling $415,620. 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 |
|---|---|---|---|
Louis Navias Director | 0 | $0 | |
Arlene Navias Director | 0 | $0 | |
Craig J Navias Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $148,168 |
| Interest on Savings | $130 |
| Dividends & Interest | $9,634 |
| Net Rental Income | $327,000 |
| Net Gain on Sale of Assets | $5,877 |
| Capital Gain Net Income | $5,877 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $490,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $5 |
| Taxes | $4,971 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $670 |
| Total operating and administrative expenses | $5,646 |
| Contributions, gifts, grants paid | $215,170 |
| Total expenses and disbursements | $220,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,106 |
| Savings and temporary cash investments | $82,352 |
| Net Accounts receivable | $120 |
| 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 | $74 |
| Net Investments - land, buildings, equipment | $195,448 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $801,942 |
| 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 | $4,765 |
| Total liabilities | $4,765 |
Grants Awarded
Over the last fiscal year, Louis And Arlene Navias Foundation has awarded $215,170 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: EDUCATIONAL/RELIGIOUS | $50,000 |
La Jolla, CA PURPOSE: ARTS | $28,000 |
SCRIPPS HEALTH FOUNDATION PURPOSE: MEDICAL | $25,000 |
JEWISH NATIONAL FUND PURPOSE: RELIGIOUS | $22,500 |
San Diego, CA PURPOSE: RELIGIOUS | $19,800 |
JEWISH FAMILY SERVICE PURPOSE: SOCIAL | $18,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
William N Pennington Foundation Reno, NV | $502,236,790 | $24,914,184 |
Sobrato Foundation Mountain View, CA | $153,186,156 | $3,690,713 |
Cause Communications Los Angeles, CA | $1,679,573 | $7,838,789 |
Henderson Family Foundation A California Charitable Organization Burlingame, CA | $111,333,025 | $137,987,606 |
Childrens Initiative San Diego, CA | $3,333,433 | $3,356,719 |
3200 Adams Holding Corp Los Angeles, CA | $13,494,424 | $950,940 |
Gvngorg Beverly Hills, CA | $461,558 | $999,295 |
Arizona Grantmakers Forum Phoenix, AZ | $0 | $309,042 |
League Of California Community Foundations Sonora, CA | $1,702,745 | $954,379 |
La-Tech Org Santa Monica, CA | $413,917 | $840,684 |
Cornerstone Ondemand Foundation Santa Monica, CA | $241,025 | $470,878 |
Transformational Opportunities Inc Prescott Valley, AZ | $130,151 | $365,740 |