Potoff Private Philanthrophy
- Assets
- $16.6m
- Revenue
- $16.6m
- Investments
- $182.6k
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- Data as of
- 12/2021
- EIN
- 83-3784100
Organization Overview
Potoff Private Philanthrophy is located in Tucson, AZ. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Potoff Private Philanthrophy 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, Potoff Private Philanthrophy generated $16.6m in total revenue. All expenses for the organization totaled $416.8k during the year ending 12/2021. While expenses have increased by 59.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William C Westcott Executive Director | 40 | $70,000 | |
Camille Coyle Assistant Executive Director | 40 | $30,000 | |
Ross H Potoff President | 10 | $0 | |
Kathy Prather Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $625,885 |
| Interest on Savings | $0 |
| Dividends & Interest | $131,754 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,876,350 |
| Capital Gain Net Income | $15,876,350 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,633,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $86,226 |
| Total operating and administrative expenses | $296,833 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $416,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,740 |
| Savings and temporary cash investments | $16,178,551 |
| 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 | $16,592,926 |
| Accounts payable and accrued expenses | $2,967 |
| 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 | $2,967 |
Grants Awarded
Over the last fiscal year, Potoff Private Philanthrophy has awarded $120,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE PIMA COUNTY ACCOMMODATION SCHOOL DISTRICT CYCLE PROGRAM PURPOSE: UNRESTRICTED GENERAL FUNDING | $100,000 |
Tucson, AZ PURPOSE: UNRESTRICTED | $10,000 |
Tucson, AZ PURPOSE: UNRESTRICTED GENERAL FUNDING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandler Foundation San Francisco, CA | $672,162,748 | $40,866,490 |
Leonard & Beryl Buck Foundation Las Vegas, NV | $1,159,755,958 | $49,528,085 |
Anne Wojcicki Foundation Los Altos, CA | $0 | $168,879,733 |
Hollywood Foreign Press Association West Hollywood, CA | $72,579,265 | $17,312,742 |
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |