Yari Family Foundation
- Assets
- $621.1k
- Revenue
- $266.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-6560046
Organization Overview
Yari Family Foundation is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Yari 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 12/2023, Yari Family Foundation generated $266.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $157.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Yari Family Foundation has awarded 21 individual grants totaling $294,500. 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 |
|---|---|---|---|
Shawn Yari Co-Trustee | 0.05 | $0 | |
Steven Yari Co-Trustee | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $11 |
| Dividends & Interest | $16,398 |
| 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 | $266,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $123 |
| Contributions, gifts, grants paid | $157,500 |
| Total expenses and disbursements | $157,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,877 |
| Savings and temporary cash investments | $343,249 |
| 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 | $621,126 |
| 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, Yari Family Foundation has awarded $157,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PHOENIX CHIDREN'S FOUNDATION PURPOSE: PUBLIC CHARITY | $10,000 |
ENTERTAINMENT INDUSTRY FOUNDATION PURPOSE: PUBLIC CHARITY | $25,000 |
BIG LOVE CANCER CARE PURPOSE: PUBLIC CHARITY | $5,000 |
HAZELDEN BETTY FORD FOUNDATION PURPOSE: PUBLIC CHARITYPUBLIC CHARITY | $5,000 |
ETTA PURPOSE: PUBLIC CHARITYPUBLIC CHARITY | $2,500 |
A RACE AGAINST BLINDNESS PURPOSE: PUBLIC CHARITY | $10,000 |