Edgerton Foundation
- Assets
- $107.0m
- Revenue
- $9.6m
- Investments
- $95.3m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 12/2001
- Data as of
- 06/2021
- EIN
- 91-2160742
Organization Overview
Edgerton Foundation is located in Los Angeles, CA. The organization was established in 2001. 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. Edgerton 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 06/2021, Edgerton Foundation generated $9.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $9.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Edgerton Foundation has awarded 100 individual grants totaling $14,350,715. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradford W Edgerton MD President, Director | 30 | $0 | |
Louise D Edgerton Secretary/treasurer, Director | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gibson Capital Llc | 6/29/22 | $196,356 |
Cliftonlarsonallen Llp | 6/29/22 | $160,608 |
Get Organized Inc | 6/29/22 | $72,596 |
David Secord | 6/29/22 | $70,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $497,090 |
| Dividends & Interest | $988,710 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,770,206 |
| Capital Gain Net Income | $6,770,206 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,333,104 |
| Total Revenue | $9,589,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $418,243 |
| Depreciation | $0 |
| Occupancy | $30,733 |
| Travel, conferences, and meetings | $10,211 |
| Printing and publications | $0 |
| Other expenses | $2,255,242 |
| Total operating and administrative expenses | $3,015,979 |
| Contributions, gifts, grants paid | $6,022,150 |
| Total expenses and disbursements | $9,038,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,090 |
| Savings and temporary cash investments | $11,527,733 |
| 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 | $78,396,315 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,943 |
| Total assets | $106,952,264 |
| 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 | $282,508 |
| Total liabilities | $282,508 |
Grants Awarded
Over the last fiscal year, Edgerton Foundation has awarded $8,328,565 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA CONSERVATION FOUNDATION PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $21,000 |
ALLEY THEATRE PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $63,000 |
ALLIANCE THEATRE PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $78,000 |
ALMEIDA THEATER PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $67,062 |
AMAZON AID FOUNDATION PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $10,000 |
AMERICAN REPERTORY THEATRE PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $36,000 |