David Bohnett Foundation is located in Beverly Hills, CA. The organization was established in 1999. 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. David Bohnett 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, David Bohnett Foundation generated $383.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Bohnett Foundation has awarded 1,653 individual grants totaling $75,491,019. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David C Bohnett Chairman | 1 | $0 | |
Michael Fleming President | 39.5 | $265,792 | |
Gwen Baba Board Member | 1 | $0 | |
Christopher Caldwell Board Member | 1 | $0 | |
Rich Llewellyn Board Member | 1 | $0 | |
Rob Saltzman Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,000 |
Interest on Savings | $1,926 |
Dividends & Interest | $184,547 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $195,994 |
Capital Gain Net Income | $195,994 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $383,467 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $265,792 |
Other employee salaries and wages | $382,317 |
Pension plans, employee benefits | $149,740 |
Interest | $0 |
Taxes | $12,006 |
Depreciation | $915 |
Occupancy | $0 |
Travel, conferences, and meetings | $56,464 |
Printing and publications | $0 |
Other expenses | $61,947 |
Total operating and administrative expenses | $1,025,474 |
Contributions, gifts, grants paid | $1,545,103 |
Total expenses and disbursements | $2,570,577 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $234,927 |
Savings and temporary cash investments | $53,916 |
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 | $7,827 |
Other assets | $20,516 |
Total assets | $5,460,557 |
Accounts payable and accrued expenses | $61,611 |
Grants payable | $4,112,532 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $7,109 |
Total liabilities | $4,181,252 |
Over the last fiscal year, David Bohnett Foundation has awarded $3,947,111 in support to 133 organizations.
Grant Recipient | Amount |
---|---|
A STEP TO FREEDOM PURPOSE: GENERAL SUPPORT / USC BOHNETT COLLEGE MATCH | $7,500 |
AAPI VICTORY ALLIANCE TIDES FOUNDATION PURPOSE: 2ND ANNUAL AAPI GVP CONFERENCE | $5,000 |
ACLU FOUNDATION OF SOUTHERN CALIFORNIA PURPOSE: BILL OF RIGHTS AWARDS | $2,500 |
AIDS FOUNDATION OF CHICAGO PURPOSE: CHICAGO MARATHON TEAM TO END AIDS | $500 |
ALI FORNEY CENTER PURPOSE: BROADWAY SAYS... THANK YOU, DAVID MIXNER | $5,030 |
AMAAD INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |