Binder Foundation
- Assets
- $15.3m
- Revenue
- $1.3m
- Investments
- $14.8m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 09/1998
- Data as of
- 12/2022
- EIN
- 95-4635806
Organization Overview
Binder Foundation is located in Pasadena, CA. The organization was established in 1998. 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. Binder 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, Binder Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Binder Foundation has awarded 265 individual grants totaling $11,092,937. 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 |
|---|---|---|---|
Gordon Binder Trustee | 1 | $0 | |
Adele Binder Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $40,138 |
| Dividends & Interest | $328,332 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $961,071 |
| Capital Gain Net Income | $961,071 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5 |
| Total Revenue | $1,329,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,026 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $129,933 |
| Contributions, gifts, grants paid | $3,960,000 |
| Total expenses and disbursements | $4,089,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $504,320 |
| 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 | $7,531 |
| Total assets | $15,343,984 |
| 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, Binder Foundation has awarded $3,960,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CARLTHORP SCHOOL PURPOSE: DONATION | $30,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: DONATION | $121,000 |
VILLAGE SCHOOL PURPOSE: DONATION | $30,000 |
THE WINSOR SCHOOL PURPOSE: DONATION | $15,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: DONATION | $40,000 |
DEXTER SOUTHFIELD PURPOSE: DONATION | $40,000 |