Paul S Veneklasen Research Foundation
- Assets
- $4.7m
- Revenue
- $471.2k
- Investments
- $4.5m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 08/1981
- Data as of
- 11/2022
- EIN
- 95-3555062
Organization Overview
Paul S Veneklasen Research Foundation is located in Santa Monica, CA. The organization was established in 1981. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Paul S Veneklasen Research 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 11/2022, Paul S Veneklasen Research Foundation generated $471.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $197.6k during the year ending 11/2022. While expenses have increased by 4.3% per year over the past 7 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, Paul S Veneklasen Research Foundation has awarded 11 individual grants totaling $314,563. 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
ACOUSTICAL RESEARCH AND SOUND TECHNOLOGY AND TO PUBLISH ITS DISCOVERIES FOR THE GENERAL PUBLIC. SPECIFIC PROGRAMS INCLUDE:
--- DEVELOPMENT OF NEW RATING METHODS FOR EVALUATING IMPACT NOISE ISOLATION INVESTIGATION INTO THE UNCERTAINTY OF ACOUSTICAL LABORATORY MEASUREMENTS. --- DESIGNING AND PERFORMING GAUGE REPEATABILITY AND REPRODUCTIBILITY STUDIES TO
MEASURE THE COMPONENTS OF UNCERTAINTY. MEASUREMENT AND ANALYSIS METHODS FOR EVALUATING NOISE AND VIBRATION FROM FITNESS CENTERS TO ADJACENT SPACES. --- PRESENTATION OF RESEARCH AT NATIONAL & INTERNATIONAL CONFERENCES IN 2018, INCLUDING
MEETINGS OF THE ACOUSTICAL SOCIETY OF AMERICA, INTER-NOISE, ICSV, EURO-NOISE, AND PUBLISHED IN THE ASSOCIATED PROCEEDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Lo Verde President | 4 | $0 | |
David Lubman Director | 1 | $0 | |
Gary Mange Director | 1 | $0 | |
Wayland Dong Sec/treas | 8 | $0 | |
Mary Veneklasen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $276,606 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,162 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,408 |
| Capital Gain Net Income | $40,729 |
| Net ST Capital Gain | $2,046 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $113,034 |
| Total Revenue | $471,210 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129,984 |
| Total operating and administrative expenses | $145,875 |
| Contributions, gifts, grants paid | $51,685 |
| Total expenses and disbursements | $197,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,472 |
| 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 | $2,756,689 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,662,211 |
| 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 | $643,554 |
| Total liabilities | $643,554 |
Grants Awarded
Over the last fiscal year, Paul S Veneklasen Research Foundation has awarded $51,685 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SUNIT GIRDHAR PHD - MIT PURPOSE: RESEARCH GRANT 20.05 | $28,658 |
MICHIGAN TECHNOLOGICAL UNIVERSITY PURPOSE: RESEARCH | $23,027 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Paul S Veneklasen Research Foundation has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $20,000 |
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandler Foundation San Francisco, CA | $672,162,748 | $40,866,490 |
Leonard & Beryl Buck Foundation Las Vegas, NV | $1,159,755,958 | $49,528,085 |
Liliuokalani Trust Honolulu, HI | $828,579,677 | $45,937,660 |
Anne Wojcicki Foundation Los Altos, CA | $0 | $168,879,733 |
Hollywood Foreign Press Association West Hollywood, CA | $72,579,265 | $17,312,742 |
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |