Burt And Diana Cutler Family Foundation
- Assets
- $514.2k
- Revenue
- $39.9k
- Investments
- $493.9k
- Employees
- 0
- Location
- Rancho Palos Verdes, CA
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 95-4664800
Organization Overview
Burt And Diana Cutler Family Foundation is located in Rancho Palos Verdes, 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. Burt And Diana Cutler Family 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, Burt And Diana Cutler Family Foundation generated $39.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $172.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Burt And Diana Cutler Family Foundation has awarded 22 individual grants totaling $661,605. 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 |
|---|---|---|---|
Diana Cutler Cfo/dir | 1 | $0 | |
Jay Cutler Ceo/sec Directo | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,761 |
| Dividends & Interest | $29,715 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,149 |
| Capital Gain Net Income | $4,149 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,251 |
| Total Revenue | $39,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $472 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,697 |
| Total operating and administrative expenses | $6,169 |
| Contributions, gifts, grants paid | $166,080 |
| Total expenses and disbursements | $172,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,242 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $514,170 |
| 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, Burt And Diana Cutler Family Foundation has awarded $166,080 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS SERVICE COMMUNITY PURPOSE: GENERAL OPERATING BUDGET | $10,000 |
GUIDE DOG FOUNDATION FOR THE BLIND PURPOSE: GENERAL OPERATING BUDGET | $5,000 |
PEOPLE FOR THE AMERICAN WAY FOUNDAT PURPOSE: GENERAL OPERATING BUDGET | $7,500 |
SOUTHERN POVERTY LAW CENTER PURPOSE: GENERAL OPERATING BUDGET | $90,000 |
TORRANCE MEMORIAL HEALTH CARE FOUND PURPOSE: GENERAL OPERATING BUDGET | $10,000 |
MISCELLANEOUS CONT UNDER 5000 PURPOSE: GENERAL OPERATING BUDGET | $38,580 |