Oscar De La Hoya Foundation
- Assets
- $466.3k
- Revenue
- $50.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 95-4586767
Organization Overview
Oscar De La Hoya Foundation is located in Los Angeles, CA. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oscar DE LA Hoya 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, Oscar DE LA Hoya Foundation generated $50.6k 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 (23.4%) each year. All expenses for the organization totaled $105.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Oscar DE LA Hoya Foundation has awarded 45 individual grants totaling $1,430,232. 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 |
|---|---|---|---|
Oscar DE La Hoya President | 0.1 | $0 | |
Eric Gomez CFO | 0.5 | $0 | |
Robert Gasparri Executive Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,167 |
| Interest on Savings | $403 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $103 |
| Printing and publications | $0 |
| Other expenses | $28,927 |
| Total operating and administrative expenses | $60,327 |
| Contributions, gifts, grants paid | $44,700 |
| Total expenses and disbursements | $105,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,829 |
| Savings and temporary cash investments | $431,145 |
| 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 | $10,300 |
| Total assets | $466,274 |
| 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, Oscar De La Hoya Foundation has awarded $145,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF HOLLYWOOD PURPOSE: GENERAL SUPPORT | $50,000 |
FRIENDS OF ROBINSON GARDENS PURPOSE: GENERAL SUPPORT | $50,000 |
HISPANIC 100 FOUNDATION PURPOSE: GENERAL SUPPORT | $40,000 |
CHAVELYTAS PINK HOOD CANCER FOUNDATION PURPOSE: GENERAL SUPPORT | $4,000 |
LA SENDA ANTIGUA MINISTRY PURPOSE: GENERAL SUPPORT | $1,000 |