Supo Foundation is located in Glendale, CA. The organization was established in 2007. 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. Supo 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, Supo Foundation generated $665.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $437.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Supo Foundation has awarded 100 individual grants totaling $782,970. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Onnie Baron Found. Mgr | 0 | $0 | |
| Steven Supowitz Found. Mgr. | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $66,551 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | -$65,886 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $665 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $6,401 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $19,232 | 
| Total operating and administrative expenses | $25,633 | 
| Contributions, gifts, grants paid | $411,539 | 
| Total expenses and disbursements | $437,172 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,198 | 
| Savings and temporary cash investments | $0 | 
| 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 | $2,209,734 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $2,256,932 | 
| 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 | 
Over the last fiscal year, Supo Foundation has awarded $411,539 in support to 39 organizations.
| Grant Recipient | Amount | 
|---|---|
| OHANA ONE INTERNATIONAL SURGICAL AID PURPOSE: UNRISTRICTED DONATION | $5,000 | 
| THE JEWISH WAR VETERANS POST #603 PURPOSE: UNRESTRICTED DONATION | $28,512 | 
| ALEPH INSTITUTE PURPOSE: UNRISTRICTED DONATION | $1,000 | 
| ALZHEIMER'S LOS ANGELES PURPOSE: UNRESTRICTED DONATION | $1,000 | 
| BURBANK BOYS AND GIRLS CLUB PURPOSE: UNRESTRICTED DONATION | $16,000 | 
| STAND WITH US PURPOSE: UNRESTRICTED DONATION | $5,000 |