L K Whittier Foundation
- Assets
- $0.0
- Revenue
- $1.4m
- Investments
- $83.0m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 02/1959
- Data as of
- 04/2021
- EIN
- 95-6027493
Organization Overview
L K Whittier Foundation is located in Pasadena, CA. The organization was established in 1959. 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. L K Whittier 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 04/2021, L K Whittier Foundation generated $1.4m 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 (26.4%) each year. All expenses for the organization totaled $41.1m during the year ending 04/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandip Bhagat Cfo/director | 2 | $0 | |
Greg Custer Secretary/director | 2 | $0 | |
Laure W Woods Director | 2 | $0 | |
Linda Blinkenberg Vice President/director | 2 | $0 | |
Laura-Lee W Woods President/director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,313 |
| Dividends & Interest | $140,006 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,980 |
| Total Revenue | $1,423,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $319,180 |
| Contributions, gifts, grants paid | $40,786,498 |
| Total expenses and disbursements | $41,105,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498 |
| Investments—mortgage loans | $0 |
| Investments—other | $79,490,972 |
| Other assets | $19,397 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $677,092 |
Grants Awarded
Over the last fiscal year, L K Whittier Foundation has awarded $44,350,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BENNINGTON COLLEGE PURPOSE: SUPPORT FOR THE PETER DRUCKER FUND FOR EXCELLENCE AND INNOVATION | $16,000,000 |
Los Angeles, CA PURPOSE: NURSING VIRTUAL-AND-AUGMENTED REALITY AND SIMULATION CENTER SUSTAINABILITY PLAN | $15,000,000 |
Pasadena, CA PURPOSE: ALZHEIMER'S DISEASE BRAIN AGING STUDY | $8,000,000 |
San Francisco, CA PURPOSE: STEM CELL RESEARCH BY DR. YAMANAKA AND DR. SRIVASTAVA | $3,000,000 |
Los Angeles, CA PURPOSE: SECURING THE FUTURE OF THE LAURA P. AND LELAND K. WHITTIER VPICU | $1,200,000 |
Los Angeles, CA PURPOSE: PATRICIA A. CHIN SCHOOL OF NURSING - VIRTUAL REALITY IMMERSIVE LEARNING | $750,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |