Fritz B Burns Foundation
- Assets
- $180.9m
- Revenue
- $52.9m
- Investments
- $167.8m
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 01/1995
- Data as of
- 09/2022
- EIN
- 94-3218106
Organization Overview
Fritz B Burns Foundation is located in Woodland Hills, CA. The organization was established in 1995. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fritz B Burns 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 09/2022, Fritz B Burns Foundation generated $52.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $17.9m during the year ending 09/2022. While expenses have increased by 14.9% per year over the past 6 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.
Since 2015, Fritz B Burns Foundation has awarded 133 individual grants totaling $76,304,884. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rex J Rawlinson Pres/directr | 40 | $278,377 | |
Maureen E Rawlinson Vp/director | 40 | $189,421 | |
Cheryl R Robinson Vp/director | 40 | $188,975 | |
Justin E Rawlins Director | 5 | $22,544 | |
Neil J Rawlinson Director | 5 | $22,544 | |
Michelle R Mitchell Director | 5 | $22,544 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kayne Anderson Rudnick | 9/29/22 | $0 |
Bny Mellon Wealth Management | 9/29/22 | $489,401 |
Bny Mellon Wealth Management | 9/29/22 | $0 |
Earnest Partners | 9/29/22 | $0 |
Kayne Anderson Rudnick | 9/29/22 | $390,346 |
Earnest Partners | 9/29/22 | $255,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,260 |
| Dividends & Interest | $4,529,740 |
| Net Rental Income | $430,783 |
| Net Gain on Sale of Assets | $46,809,464 |
| Capital Gain Net Income | $46,809,464 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $336,626 |
| Total Revenue | $52,854,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $736,128 |
| Other employee salaries and wages | $62,940 |
| Pension plans, employee benefits | $72,007 |
| Interest | $0 |
| Taxes | $698,875 |
| Depreciation | $234,627 |
| Occupancy | $68,484 |
| Travel, conferences, and meetings | $8,009 |
| Printing and publications | $0 |
| Other expenses | $523,136 |
| Total operating and administrative expenses | $3,610,886 |
| Contributions, gifts, grants paid | $14,260,000 |
| Total expenses and disbursements | $17,870,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,008,111 |
| Savings and temporary cash investments | $6,455,727 |
| Net Accounts receivable | $529,717 |
| 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 | $128,404 |
| Net Investments - land, buildings, equipment | $2,944,323 |
| Investments—mortgage loans | $0 |
| Investments—other | $203,445 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,583 |
| Total assets | $180,854,841 |
| Accounts payable and accrued expenses | $42,053 |
| 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 | $42,053 |
Grants Awarded
Over the last fiscal year, Fritz B Burns Foundation has awarded $14,260,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Paula, CA PURPOSE: CONTRIBUTION IS TO A CHARITY EXEMPT UNDER SECTION 501(C)(3) WHICH IS NOT A PRIVATE FOUNDATION. CONTRIBUTION IS FOR THE FUNDING OF FRITZ B. BURNS ENDOWED SCHOLARSHIP FUND. | $3,500,000 |
Chatsworth, CA PURPOSE: CONTRIBUTION IS TO A CHARITY EXEMPT UNDER SECTION 501(C)(3) WHICH IS NOT A PRIVATE FOUNDATION. CONTRIBUTION IS TO PROVIDE FUNDING FOR THE FRITZ B. BURNS WELCOME AND STUDENT SERVICES CENTER. | $3,000,000 |
PROVIDENCE TARZANA FOUNDATION PURPOSE: CONTRIBUTION IS TO A CHARITY EXEMPT UNDER SECTION 501(C)(3) WHICH IS NOT A PRIVATE FOUNDATION. CONTRIBUTION IS TO PROVIDE FUNDING FOR PROVIDENCE CEDAR-SINAI TARZANA MEDICAL CENTER TO SUPPORT THE PURCHASE OF A GE HEALTHCARE ALLIA IGS 7 INTERVENTIONAL ANGIOGRAPHY SYSTEM. | $1,500,000 |
Santa Monica, CA PURPOSE: CONTRIBUTION IS TO A CHARITY EXEMPT UNDER SECTION 501(C)(3) WHICH IS NOT A PRIVATE FOUNDATION. CONTRIBUTION IS TO PROVIDE FUNDING TO SUPPORT THE PRECISION CANCER MEDICINE PROGRAM UNDER THE DIRECTION OF DR. SANTOSH KESARI AT SAINT JOHN'S CANCER INSTITUTE. | $1,000,000 |
Heber City, UT PURPOSE: CONTRIBUTION IS TO A CHARITY EXEMPT UNDER SECTION 501(C)(3) WHICH IS NOT A PRIVATE FOUNDATION. CONTRIBUTION IS TO PROVIDE FUNDING FOR A PORTION OF 24,000 SQUARE FOOT AREA TO BE NAMED FRITZ B. BURNS LEARNING CENTER AT SOLDIER HOLLOW SCHOOL, TO INCLUDE ATHLETIC SPACE, SCHOOL LIBRARY, WARMING KITCHEN AND STUDENT EATING AREA, AND CLASSROOMS FOR HOME ECONOMICS LAB AND SCIENCE LAB. | $1,000,000 |
WEST VALLEY CHRISTIAN SCHOOL PURPOSE: CONTRIBUTION IS TO A CHARITY EXEMPT UNDER SECTION 501(C)(3) WHICH IS NOT A PRIVATE FOUNDATION.CONTRIBUTION IS FOR RENOVATIONS, IMPROVEMENTS, EQUIPMENT, & EDUCATIONAL PROGRAMS AT THE PRESCHOOL, SCHOOL, AND MIDDLE SCHOOL. | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hemostasis And Thrombosis Center Of Nevada Las Vegas, NV | $8,050,475 | $23,289,804 |
Fritz B Burns Foundation Woodland Hills, CA | $180,854,841 | $52,854,889 |
Central Valley Recovery Services Inc Visalia, CA | $3,599,081 | $4,507,938 |
Foundation For Prader Willi Research Walnut, CA | $6,744,610 | $3,838,959 |
Taking Control Of Your Diabetes Solana Beach, CA | $2,888,686 | $2,832,970 |
Create Cures Foundation Santa Monica, CA | $2,110,360 | $1,248,713 |
Lyme Disease Biobank Foundation Portland, OR | $99,221 | $737,856 |
Diabetes Technology Society Burlingame, CA | $1,434,867 | $1,063,604 |
Lgs Foundation San Diego, CA | $1,489,428 | $785,563 |
Kern County Hispanic Commission On Alcohol And Drug Abuse Services Bakersfield, CA | $100,045 | $666,769 |
Lymedisease Org San Ramon, CA | $1,816,385 | $619,817 |
Brian Grant Foundation Portland, OR | $885,481 | $441,444 |