Neu Foundation Of California Inc is located in Beverly Hills, CA. The organization was established in 1994. 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. Neu Foundation Of California 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 12/2022, Neu Foundation Of California Inc generated $135.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $172.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Neu Foundation Of California Inc has awarded 244 individual grants totaling $1,536,190. 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
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 1 | $0 | |
Name Not Listed Treasurer | 1 | $0 | |
Name Not Listed Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $135,275 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7 |
| Capital Gain Net Income | $7 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $135,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $198 |
| Total operating and administrative expenses | $2,198 |
| Contributions, gifts, grants paid | $170,500 |
| Total expenses and disbursements | $172,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,192 |
| Savings and temporary cash investments | $87,224 |
| 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 | $236,250 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,776,562 |
| 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 |
Over the last fiscal year, Neu Foundation Of California Inc has awarded $169,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL SUPPORT | $1,250 |
AVALON CHAPEL OF THE CROSS PURPOSE: GENERAL SUPPORT | $1,000 |
BOSTON UNIVERSITY DEPARTMENT OF ECONOMICS PURPOSE: GENERAL SUPPORT | $10,000 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL SUPPORT | $5,000 |
CAMP YOUNG JUDAEA SPROUT LAKE PURPOSE: GENERAL SUPPORT | $2,500 |
CEDARS-SINAI MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $6,000 |