The Title Family Foundation
- Assets
- $8.9m
- Revenue
- $268.5k
- Investments
- $8.6m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/1977
- Data as of
- 12/2023
- EIN
- 95-3155651
Organization Overview
The Title Family Foundation is located in Los Angeles, CA. The organization was established in 1977. 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. Title Family 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 12/2023, Title Family Foundation generated $268.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $526.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Title Family Foundation has awarded 308 individual grants totaling $3,454,353. 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 |
|---|---|---|---|
Marilyn D Title President | 10 | $100,000 | |
Carolyn Mckenzie Secretary | 0 | $0 | |
Scott Mckenzie Chief Financial Officer | 0 | $0 | |
Gilbert Villanueva Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $273,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$103,957 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $99,200 |
| Total Revenue | $268,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,609 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $228 |
| Total operating and administrative expenses | $154,696 |
| Contributions, gifts, grants paid | $372,000 |
| Total expenses and disbursements | $526,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $218,597 |
| 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 | $520,005 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,752 |
| Total assets | $8,867,407 |
| 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 | $53,866 |
| Total liabilities | $53,866 |
Grants Awarded
Over the last fiscal year, The Title Family Foundation has awarded $372,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF HOPE (ADDITIONAL PLEDGE) PURPOSE: MEDICAL RESEARCH | $250,000 |
ALS ASSOCIATION PURPOSE: ALS RESERACH | $50,000 |
DIANE FOSSE GORILLA FUND PURPOSE: PRESRVATION OF GORILLA HABITAT | $2,500 |
DELMARVA NESTING FOUNDATION PURPOSE: INCREASE THE POPULATION OF WILDLIFE ON THE DELMARVA PENINSULA | $500 |
DOCTORS WITHOUT BORDERS USA PURPOSE: PROVIDE LIFESAVING MEDICAL CARE TO THOSE MOST IN NEED | $3,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: CANCER RESEARCH | $7,500 |