La Clippers Foundation

La Clippers Foundation Overview

La Clippers Foundation is located in Bellevue, WA. The organization was established in 1994. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports 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 06/2021, LA Clippers Foundation generated $3.5m 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 (4.8%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, LA Clippers Foundation has awarded 231 individual grants totaling $35,278,593. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER AND SUPPORT COMMUNITY OUTREACH PROGRAMS & ACTIVITIES WITH POSITIVE EDUCATIONAL, CIVIC, ENVIRONMENTAL AND HUMANITARIAN VALUES THAT BENEFIT & ENHANCE THE LIVES OF CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

READ TO ACHIEVE: THE READ TO ACHEIVE PROGRAM PROMOTES THE IMPORTANCE OF LITERACY BY PROVIDING GREATER ACCESS TO BOOKS AND TECHNOLOGY WHILE ENCOURAGING FAMILIES AND ADULTS TO READ REGULARLY WITH YOUNG CHILDREN.


STAY-IN-SCHOOL SCHOLARSHIPS: ASSISTS HIGH SCHOOL SENIORS LIVING IN THE GREATER LOS ANGELES AREA WHO ARE PLANNING TO ATTEND FOUR-YEAR COLLEGES.


PALMDALE COURT PROJECTS: THIS PROGRAM EXISTS TO STIMULATE AND SUSTAIN THE INTEREST OF PALMDALE'S YOUTH IN BASKETBALL, AND IS COMMITTED TO PROVIDING NEW BASKETBALL COURTS TO THE GENERAL PUBLIC IN THE CITY OF PALMDALE IN VISIBLE LOCATIONS WHICH STRIVES TO ADDRESS UNDERSERVED POPULATIONS IN PALMDALE, CALIFORNIA WHILE ALSO FOSTERING A COMMUNITY OF PHYSICALLY ACTIVE YOUTH.


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La Clippers Foundation Board, Officers & Key Employees

Name (title)Compensation
Gillian Zucker
Chairman Of The Board
$0
Nicole Duckett
President
$0
Eric Chan
Cfo/treasurer
$0
Brandt Vaughan
Director
$0
Connie Ballmer
Director
$0
Raymond Ortegaso
Director
$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$3,337,920
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,337,920
Total Program Service Revenue$0
Investment income $31
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $109,170
Net Income from Gaming Activities $21,876
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,468,997

La Clippers Foundation Grants Awarded

Over the last fiscal year, La Clippers Foundation has awarded $2,240,335 in support to 8 organizations.

Grant RecipientAmount

LOS ANGELES PARKS FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL DONATION

$1,010,000

SMITHSONIAN INSTITUTION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL DONATION

$1,000,000

THE PLAY EQUITY FUND

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL DONATION

$100,000

DRIVING FORCE GROUP INC

Org PageRecipient Profile

Rockville, MD

PURPOSE: GENERAL DONATION

$40,000

MAYOR'S FUND FOR LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL DONATION

$38,907

LEARN FRESH EDUCATION CO

Org PageRecipient Profile

Denver, CO

PURPOSE: GENERAL DONATION

$35,000
View Grant Profile

La Clippers Foundation Grants Recieved

Over the last fiscal year, we have identified 2 grants that La Clippers Foundation has recieved totaling $13,557,802.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: OPERATING NEEDS

$13,500,000
Partnership For Los Angeles Schools

Los Angeles, CA

PURPOSE: 107TH ST ELEMENTARY RENOVATION PROJECT

$57,802
View Grant Recipient Profile

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