Paul Hastings Cares Foundation is located in Los Angeles, CA. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Hastings Cares 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, Paul Hastings Cares Foundation generated $136.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $98.4k during the year ending 12/2022. While expenses have increased by 32.2% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION FULFILLED ITS CHARTER BY SEEKING AND FINDING QUALIFIED CHARITABLE ORGANIZATIONS TO SUPPORT ITS PRIMARY EXEMPT PURPOSE
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION FULFILLED ITS CHARTER BY SEEING AND FINDING QUALIFIED CHARITABLE ORGANIZATION TO SUPPORT ITS PRIMARY EXEMPT PURPOSE OF PROVIDING RELIEF TO THOSE WHO ARE EXPERIENCING FINANCIAL HARDSHIPS FROM BOTH THE DIRECT AND INDIRECT IMPACTS OF COVID-19
THE FOUNDATION SEEKS LOCAL ELEMENTARY SCHOOLS IN ORDER TO FULFILL ITS OTHER EXEMPT PURPOSE: PROVIDING SCHOOL CHILDREN AND FAMILIES AT PARA LOS NINOS WITH CLOTHING AND FOOD.
THE FOUNDATION SEEKS LOCAL ELEMENTARY SCHOOLS IN ORDER TO FULFILL ITS OTHER EXEMPT PURPOSE: PROVIDING SCHOOL CHILDREN AT GARFIELD ELEMENTARY SCHOOL WITH CLOTHING AND FOOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Davis Board Of Directors | 0 | $0 | |
Frank Lopez Board Of Directors | 0 | $0 | |
Sherrese M Smith Board Of Directors | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $136,695 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $136,695 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $811 |
Total expenses | $98,430 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $439,346 |
Other assets | $0 |
Total assets | $439,346 |
Total liabilities | $0 |
Net assets or fund balances | $439,346 |
Over the last fiscal year, Paul Hastings Cares Foundation has awarded $23,744 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
PARA LOS NINOS | | | $10,000 |
GARFIELD ELEMENTARY SCHOOL | | | $13,744 |