O L Halsell Foundation
- Assets
- $44.4m
- Revenue
- $3.6m
- Investments
- $31.8m
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 01/1954
- Data as of
- 12/2022
- EIN
- 95-6027266
Organization Overview
O L Halsell Foundation is located in Costa Mesa, CA. The organization was established in 1954. 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. O L Halsell 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, O L Halsell Foundation generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, O L Halsell Foundation has awarded 913 individual grants totaling $16,365,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W David Stauffer President | 15 | $72,000 | |
Morgan Roach Secretary | 15 | $72,000 | |
James Schramm Treasurer | 15 | $72,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $153 |
| Dividends & Interest | $624,386 |
| Net Rental Income | $366,453 |
| Net Gain on Sale of Assets | $1,008,177 |
| Capital Gain Net Income | $1,008,177 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,047,111 |
| Total Revenue | $3,642,742 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $216,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,839 |
| Depreciation | $301,481 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,858 |
| Printing and publications | $0 |
| Other expenses | $312,857 |
| Total operating and administrative expenses | $942,862 |
| Contributions, gifts, grants paid | $2,180,000 |
| Total expenses and disbursements | $3,122,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $342,169 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $576 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,641 |
| Net Investments - land, buildings, equipment | $12,172,672 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,600,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $64,846 |
| Total assets | $44,433,591 |
| 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 | $27,531 |
| Total liabilities | $27,531 |
Grants Awarded
Over the last fiscal year, O L Halsell Foundation has awarded $2,180,000 in support to 118 organizations.
| Grant Recipient | Amount |
|---|---|
AGE WELL SENIOR SERVICES PURPOSE: OPERATING FUNDS | $35,000 |
AIDS SERVICES FOUNDATION OF ORANGE PURPOSE: OPERATING FUNDS | $20,000 |
ALZHEIMERS FAMILY SERVICES CENTER PURPOSE: OPERATING FUNDS | $35,000 |
ALZHEIMERS ORANGE COUNTY PURPOSE: OPERATING FUNDS | $35,000 |
ASSITANCE LEAGUE OF FULLERTON PURPOSE: OPERATING FUNDS | $7,500 |
ASSISTANCE LEAGUE OF CAPISTRANO VAL PURPOSE: OPERATING FUNDS | $7,500 |