Taffae Family Foundation
- Assets
- $4.0m
- Revenue
- $3.5m
- Investments
- $500.2k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 84-3061048
Organization Overview
Taffae Family Foundation is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taffae 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 12/2021, Taffae Family Foundation generated $3.5m in total revenue. All expenses for the organization totaled $105.5k during the year ending 12/2021. While expenses have increased by 55.5% 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, Taffae Family Foundation has awarded 24 individual grants totaling $223,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,481,942 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,817 |
| 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 | $3,492,759 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $1,224 |
| Contributions, gifts, grants paid | $104,250 |
| Total expenses and disbursements | $105,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,418 |
| Savings and temporary cash investments | $3,450,487 |
| 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 | $4,025,077 |
| 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, Taffae Family Foundation has awarded $104,250 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: GENERAL PURPOSES | $75,000 |
Dallas, TX PURPOSE: GENERAL PURPOSES | $25,000 |
Ithaca, NY PURPOSE: COLLEGE ANNUAL FUND AND BOARD EXPENDITURES | $2,000 |
SPENCER EDUCATIONAL FOUNDATION PURPOSE: GENERAL PURPOSES | $1,000 |
Beverly Hills, CA PURPOSE: GENERAL PURPOSES | $1,000 |
THE GROUP PURPOSE: GENERAL PURPOSES | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Advocacy Palo Alto, CA | $150,347,218 | $75,197,628 |
Sacramento County Public Facilites Financing Corp Sacramento, CA | $120,117,209 | $6,428,968 |
Woodlawn Foundation San Mateo, CA | $47,161,530 | $8,457,858 |
Seal-Naval Special Warfare Foundation-San Diego Carlsbad, CA | $1,430,292 | $2,046,385 |
George And Melodie Rogers Foundation Fresno, CA | $58,468 | $1,000,014 |
Operation Help A Hero Rancho Santa Margarita, CA | $97,867 | $859,343 |
Rolf Benirschke Legacy Foundation Del Mar, CA | $187,675 | $680,405 |
Canby Kiwanis Foundation Inc Canby, OR | $373,549 | $530,086 |
The Out Foundation Portland, OR | $465,988 | $770,300 |
Terrewode Womens Fund Eugene, OR | $391,323 | $746,254 |
Friends Of Imagine1day Inc Los Angeles, CA | $147,814 | $308,589 |
Coos County Fair Alliance Inc Myrtle Point, OR | $16,381 | $0 |