Newton D & Rochelle F Becker Foundation
- Assets
- $40.3m
- Revenue
- $2.2m
- Investments
- $6.7m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/1987
- Data as of
- 12/2022
- EIN
- 95-4095134
Organization Overview
Newton D & Rochelle F Becker Foundation is located in Los Angeles, CA. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Newton D & Rochelle F Becker 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 12/2022, Newton D & Rochelle F Becker Foundation generated $2.2m 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 (11.6%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Newton D & Rochelle F Becker Foundation has awarded 181 individual grants totaling $17,452,010. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NEWTON D. AND ROCHELLE F. BECKER FOUNDATION'S CHARITABLE GIVING IS DIRECTED TO LOCAL, NATIONAL, AND INTERNATIONAL PROGRAMS.
Describe the Organization's Program Activity:
CHARITABLE GIVING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice President/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed President/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Secretary/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Director | Trustee | 0.1 | $0 |
Name Not Listed Director | Trustee | 0.1 | $0 |
Name Not Listed Treasurer (term 5/2022) | Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,168,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,076,880 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,247,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,939,811 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $570,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,901 |
| Fees for services: Accounting | $7,430 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,834 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,050 |
| All other expenses | $0 |
| Total functional expenses | $3,632,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,704,320 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $31,939,071 |
| Investments—other securities | $6,686,307 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,152 |
| Total assets | $40,337,850 |
| Accounts payable and accrued expenses | $1,398 |
| Grants payable | $641,579 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,300 |
| Total liabilities | $677,277 |
| Net assets without donor restrictions | $39,660,573 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,337,850 |
Grants Awarded
Over the last fiscal year, Newton D & Rochelle F Becker Foundation has awarded $2,680,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AICE INC PURPOSE: GENERAL SUPPORT | $30,000 |
AMERICAN FOREIGN POLICY COUNCIL PURPOSE: GENERAL SUPPORT | $100,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: GENERAL SUPPORT | $100,000 |
BIPARTISAN POLICY CENTER INC PURPOSE: GENERAL SUPPORT | $60,000 |
BOUNDLESS ISRAEL INC PURPOSE: GENERAL SUPPORT | $25,000 |
BROWN UNIVERSITY PURPOSE: GENERAL SUPPORT | $25,000 |