Ivy Philanthropic Foundation
- Assets
- $21.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Inglewood, CA
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 90-1034198
Organization Overview
Ivy Philanthropic Foundation is located in Inglewood, CA. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public 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. Ivy Philanthropic 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, Ivy Philanthropic Foundation generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $12.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION AWARDED THREE SCHOLARSHIPS IN 2016 TOTALLING $6,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Harrell President | 0 | $0 | |
Gussie W Powe Treasurer | 0 | $0 | |
Babette DE Lay Vice President | 0 | $0 | |
Alice Grigsby Director | 0 | $0 | |
Mary Guinn Director | 0 | $0 | |
Jessie Cannon Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $472 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,575 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,048 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $907 |
| Total expenses | $12,814 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,799 |
| Other assets | $0 |
| Total assets | $21,799 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,799 |