Avery Dennison Foundation
- Assets
- $27.8m
- Revenue
- $448.1k
- Investments
- $27.4m
- Employees
- 0
- Location
- Azusa, CA
- Founding
- 06/1978
- Data as of
- 12/2023
- EIN
- 95-3251844
Organization Overview
Avery Dennison Foundation is located in Azusa, CA. The organization was established in 1978. 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. Avery Dennison 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, Avery Dennison Foundation generated $448.1k 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 (19.6%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Avery Dennison Foundation has awarded 380 individual grants totaling $21,070,243. 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 |
|---|---|---|---|
Alicia Procello President | 30 | $0 | |
Deena Baker-Nel Secretary | 2 | $0 | |
Raymond Van Den Berg Treasurer | 2 | $0 | |
Camile Beneditti Trustee | 2 | $0 | |
Jeroen Diderich Trustee | 2 | $0 | |
Deon Stander Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan | 12/30/21 | $124,830 |
The Giving Practice Philanthropy Northwest | 12/30/21 | $81,394 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,284 |
| Interest on Savings | $0 |
| Dividends & Interest | $666,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$219,247 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $448,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $159,875 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,078 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $65,981 |
| Total operating and administrative expenses | $400,585 |
| Contributions, gifts, grants paid | $4,396,081 |
| Total expenses and disbursements | $4,796,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,306 |
| Savings and temporary cash investments | $201,269 |
| 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 | $2,920,232 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,820,861 |
| Accounts payable and accrued expenses | $20,722 |
| Grants payable | $71,000 |
| 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 | $91,722 |
Grants Awarded
Over the last fiscal year, Avery Dennison Foundation has awarded $4,642,044 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL IMPACT PURPOSE: DISASTER RESPONSE | $835,000 |
MYRIAD USA INC KING BAUDOUIN FNDTN UNITED STATES INC PURPOSE: GENERAL OPERATING SUPPORT | $604,469 |
CHARITIES AID FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $506,732 |
THE RESOURCE FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $450,750 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: DISASTER RESPONSE | $250,000 |
UNITED NATIONS FOUNDATION INC PURPOSE: GRANTMAKING INITIATIVE | $250,000 |