Foundation For Psycho-Cultural Research
- Assets
- $13.2m
- Revenue
- $707.1k
- Investments
- $12.0m
- Employees
- 0
- Location
- Pacific Palisades, CA
- Founding
- 02/2001
- Data as of
- 11/2023
- EIN
- 95-4774901
Organization Overview
Foundation For Psycho-Cultural Research is located in Pacific Palisades, CA. The organization was established in 2001. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Psycho-Cultural Research 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 11/2023, Foundation For Psycho-Cultural Research generated $707.1k 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 (5.9%) each year. All expenses for the organization totaled $710.6k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING THE FINAL PART OF THE CULTURE, MIND, AND BRAIN NETWORK PROGRAM: PROVIDES SUPPORT TO 20 RESEARCHERS AND SCHOLARS WHO SHARE AN INTEREST IN CULTURE, MIND, AND BRAIN INTERACTIONS, AND ARE MEMBERS OF THE FPR CMB NETWORK IN 11 US & CANADIAN UNIVERSITIES AND INSTITUTIONS, BY OFFERING GRANTS, FOR RESEARCH-RELATED TRAVEL, WORKSHOPS, FOCUSED DISCUSSIONS, AND PUBLICATIONS. $29,749 UNUSED RESEARCH TRAVEL GRANT FUNDS WERE RECEIVE FROM FOUR UNIVERSITIES IN THE US DURING FYE 11/30/2023.
FPR GRANTS TO UCLA IN SUPPORT OF TWO PROGRAMS AT THE ANTHROPOLOGY DEPARTMENT FOR 2023-2024.
PUBLISHING ARTICLES ABOUT THE FPR IN ONLINE JOURNALS, SUMMER 2023.
FPR CMB NETWORK FINAL FOCUSED DISCUSSION, DECEMBER 12, 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lemelson PHD Director, President | 5 | $0 | |
Lois Shickman CFO | 1 | $0 | |
Marvin Karno MD Director | 1 | $0 | |
Douglas Hollan PHD Director | 1 | $0 | |
Beate Ritz MD PHD Director | 1 | $0 | |
Zoe Lemelson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $181,312 |
| Dividends & Interest | $193,338 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $332,456 |
| Capital Gain Net Income | $332,456 |
| Net ST Capital Gain | $22,772 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $707,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $262,695 |
| Pension plans, employee benefits | $16,698 |
| Interest | $0 |
| Taxes | $41,243 |
| Depreciation | $0 |
| Occupancy | $4,601 |
| Travel, conferences, and meetings | $351 |
| Printing and publications | $0 |
| Other expenses | $382,914 |
| Total operating and administrative expenses | $710,596 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $710,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,139,066 |
| 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 | $13,182,696 |
| 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 |