The Herb Alpert Foundation

Organization Overview

The Herb Alpert Foundation is located in Santa Monica, CA. The organization was established in 1993. 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.

For the year ending 12/2019, Herb Alpert Foundation generated $6.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $16.8m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Herb Alpert Foundation has awarded 531 individual grants totaling $55,922,054. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
David Bryan
$138,600
C4 Global Communications Inc
$65,765
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $64,625
Interest on Savings $259
Dividends & Interest $1,244,868
Net Rental Income$0
Net Gain on Sale of Assets $4,739,946
Capital Gain Net Income $23,246,567
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $975
Total Revenue $6,050,673

Grants Awarded

Over the last fiscal year, The Herb Alpert Foundation has awarded $15,071,600 in support to 89 organizations.

Grant RecipientAmount

THE HARLEM SCHOOL OF THE ARTS

PURPOSE: CHARITABLE

$7,988,000

UNIVERSITY OF CALIFORNIA LA FOUNDATION

PURPOSE: CHARITABLE

$2,177,770

CALIFORNIA INSTITUTE OF THE ARTS

Org PageRecipient Profile

Valencia, CA

PURPOSE: CHARITABLE

$771,000

CALIFORNIA STATE SUMMER SCHOOL FOR THE ARTS

PURPOSE: CHARITABLE

$390,800

GOOD PEOPLE FUND

PURPOSE: CHARITABLE

$275,000

THELONIOUS MONK INSTITUTE

PURPOSE: CHARITABLE

$250,000
View Grant Profile

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