Stolaroff Foundation Inc
- Assets
- $1.2m
- Revenue
- $69.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 12/1984
- Data as of
- 06/2024
- EIN
- 95-3925627
Organization Overview
Stolaroff Foundation Inc is located in Los Angeles, CA. The organization was established in 1984. 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. Stolaroff Foundation Inc 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 06/2024, Stolaroff Foundation Inc generated $69.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $15.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (32.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Stolaroff Foundation Inc has awarded 179 individual grants totaling $3,456,539. 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 |
|---|---|---|---|
Lloyd Eric Cotsen President | 1 | $0 | |
Sohani Holland Secretary | 1 | $0 | |
John Judd Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $232 |
| Dividends & Interest | $66,546 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,770 |
| Capital Gain Net Income | $2,770 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $321 |
| Total operating and administrative expenses | $8,669 |
| Contributions, gifts, grants paid | $6,500 |
| Total expenses and disbursements | $15,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,213 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,227,190 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stolaroff Foundation Inc has awarded $81,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH BIG BROTHERS BIG SISTERS OF LOS ANGELES PURPOSE: GENERAL | $40,000 |
THE SALVATION ARMY PURPOSE: GENERAL | $1,000 |
INTERNATIONAL MEDICAL CORPS PURPOSE: GENERAL | $20,000 |
JORDAN THOMAS FOUNDATION PURPOSE: GENERAL | $20,000 |