Ato Foundation Of Berkeley Inc is located in Los Altos, CA. The organization was established in 1984. 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. Ato Foundation Of Berkeley Inc 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, Ato Foundation Of Berkeley Inc generated $18.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
13 STUDENT GRANTS WERE MADE IN 2019.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Van Giesen Director | 0.2 | $0 | |
Ted Hulsy Secretary, Director | 0.2 | $0 | |
Tod Moody Treasurer | 0.2 | $0 | |
Drew Jensen Manager, Director | 0.25 | $0 | |
Chris Johnson Director | 0.2 | $0 | |
John Knueppel Vice-President Of Awards | 0.2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,448 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,001 |
| Total Revenue | $18,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,535 |
| Total operating and administrative expenses | $1,535 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,417 |
| Savings and temporary cash investments | $93,566 |
| 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 | $215,023 |
| Investments—other | $123,920 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $434,926 |
| 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, Ato Foundation Of Berkeley Inc has awarded $15,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ADELE BLOCH PURPOSE: LEADERSHIP GRANT | $2,000 |
ISHA AJMERA PURPOSE: ENDOWMENT GIFT | $1,500 |
VERONICA LANDEROS PURPOSE: LEADERSHIP GRANT | $1,300 |
TARA EVERTON PURPOSE: LEADERSHIP GRANT | $1,300 |
KYLE VUONG PURPOSE: LEADERSHIP GRANT | $800 |
TIFFANY ZHANG PURPOSE: LEADERSHIP GRANT | $800 |