John Gogian Family Foundation
- Assets
- $2.7m
- Revenue
- $597.3k
- Investments
- $2.5m
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 10/1982
- Data as of
- 12/2023
- EIN
- 95-3759369
Organization Overview
John Gogian Family Foundation is located in Torrance, CA. The organization was established in 1982. 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. John Gogian 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, John Gogian Family Foundation generated $597.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $18.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, John Gogian Family Foundation has awarded 387 individual grants totaling $44,849,808. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAMSTUDENTS ARE TO BE SELECTED BY THE SCHOLARSHIP COMMITTEE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Crane Chair | 1 | $2,000 | |
Becky Schroff Secretary | 1 | $2,000 | |
Gary Nelson Treasurer | 1 | $2,000 | |
Dan Mueller President | 1 | $2,000 | |
Greg Alessandra Director | 1 | $2,000 | |
Tom Cody Director | 1 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,533 |
| Dividends & Interest | $272,267 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $306,537 |
| Capital Gain Net Income | $306,537 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $597,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,850 |
| Other employee salaries and wages | $13,992 |
| Pension plans, employee benefits | $15,113 |
| Interest | $0 |
| Taxes | $152 |
| Depreciation | $0 |
| Occupancy | $31,484 |
| Travel, conferences, and meetings | $2,300 |
| Printing and publications | $0 |
| Other expenses | $5,713 |
| Total operating and administrative expenses | $290,854 |
| Contributions, gifts, grants paid | $17,852,337 |
| Total expenses and disbursements | $18,143,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $222,247 |
| 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 | $2,797 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,678,766 |
| Accounts payable and accrued expenses | $5,137 |
| 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 | $5,137 |
Grants Awarded
Over the last fiscal year, John Gogian Family Foundation has awarded $17,849,260 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE CALLED HOME PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
A WINDOW BETWEEN WORLDS PURPOSE: GENERAL OPERATING SUPPORT | $90,000 |
ABLE ARTS WORK PURPOSE: GENERAL OPERATING SUPPORT ($150K) | $210,000 |
ACHIEVABLE FOUNDATION THE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
ACTIVITIES RECREATION & CARE (ARC) PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
ARMENIAN RELIEF & DEVELOPMENT ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT ($50K) | $590,000 |