The Ondulado Fund
- Assets
- $31.5k
- Revenue
- $71.8k
- Investments
- $17.3k
- Employees
- 0
- Location
- Pebble Beach, CA
- Founding
- 11/2009
- Data as of
- 12/2023
- EIN
- 90-0506349
Organization Overview
The Ondulado Fund is located in Pebble Beach, CA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ondulado Fund 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, Ondulado Fund generated $71.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ondulado Fund has awarded 73 individual grants totaling $11,028,388. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Grinold Pres./dir. | 1 | $0 | |
Leilani Grinold Sec/cfo/dir. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,341 |
| Capital Gain Net Income | $36,341 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,504 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,411 |
| Total operating and administrative expenses | $17,422 |
| Contributions, gifts, grants paid | $2,503,673 |
| Total expenses and disbursements | $2,521,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,169 |
| Net Accounts receivable | $44 |
| 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 | $31,510 |
| 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, The Ondulado Fund has awarded $2,503,673 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
INSTITUTE FOR JUSTICE PURPOSE: CHARITABLE CONTRIBUTION | $2,423,673 |
DEL MONTE FOREST CONSERVATION PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
REAL CLEAR FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
HOOVER INSTITUTION PURPOSE: CHARITABLE CONTRIBUTION | $30,000 |
MONTAGE COMMUNITY HOSPITAL PURPOSE: CHARITABLE CONTRIBUTION | $20,000 |