Semel Charitable Foundation is located in Sherman Oaks, CA. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Semel Charitable 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 12/2023, Semel Charitable Foundation generated $174.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $306.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Semel Charitable Foundation has awarded 85 individual grants totaling $25,637,162. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jane Semel President/director | 5 | $0 | |
| Dennis Roach Director | 1 | $0 | |
| Lily Bovingdon Semel Secretary/director | 2 | $0 | |
| Ilya Top Treasurer | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $174,673 | 
| 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 | $174,673 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $3,050 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $3,132 | 
| Total operating and administrative expenses | $16,240 | 
| Contributions, gifts, grants paid | $290,000 | 
| Total expenses and disbursements | $306,240 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,233 | 
| Savings and temporary cash investments | $20,763 | 
| 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 | $3,350,000 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $3,397,996 | 
| 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, Semel Charitable Foundation has awarded $290,000 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| AWAKENING RECOVERY INC PURPOSE: GENERAL SUPPORT | $200,000 | 
| NEW YORK LIVE ARTS INC PURPOSE: GENERAL SUPPORT | $90,000 |