Waits Brennan Foundation
- Assets
- $510.6k
- Revenue
- $2.0k
- Investments
- $394.3k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 95-4812822
Organization Overview
Waits Brennan Foundation is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Waits Brennan 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, Waits Brennan Foundation generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (42.6%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (51.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Waits Brennan Foundation has awarded 101 individual grants totaling $559,100. 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 |
|---|---|---|---|
Kathleen Brennan President | 0 | $0 | |
Tom Waits Secretary/cfo | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,006 |
| 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 | $2,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $75 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,461 |
| Savings and temporary cash investments | $100,856 |
| 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 | $510,608 |
| 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, Waits Brennan Foundation has awarded $38,900 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL PARK FOUNDATION PURPOSE: TO ENSURE ALL PEOPLE ARE WELCOME AND ABLE TO EXPLORE AND DISCOVER THEIR OWN PERSONAL CONNECTIONS TO PARKS. | $100 |
VALLEY FORD VOLUNTEER FIRE PURPOSE: SUPPORT OF LOCAL VOLUNTEER FIRE DEPARTMENT. | $100 |
REDWOOD EMPIRE FOOD BANK PURPOSE: SUPPORT OF THE COMMUNITY SEEKING FOOD ASSISTANCE, IN ADDITION PROVIDING EMERGENCY FOOD BOXES AND VITAL FOOD DISTRIBUTION CENTERS. | $20,000 |
CATHOLIC CHARITIES PURPOSE: SUPPORT OF SERVICES THAT ADDRESS PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS OF INDIVIDUALS AND FAMILIES. | $5,000 |
NAMI SONOMA COUNTY PURPOSE: SUPPORT OF MENTAL HEALTH SERVICE PROGRAMS IN THE US. | $5,500 |
WORLD WILDLIFE FUND PURPOSE: SUPPORT OF WILDERNESS PRESERVATION AND THE REDUCTION OF HUMAN IMPACT ON THE ENVIORNMENT. | $1,000 |