Dr Seuss Foundation
- Assets
- $55.8m
- Revenue
- $772.0k
- Investments
- $53.0m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 05/1960
- Data as of
- 12/2023
- EIN
- 95-6029752
Organization Overview
Dr Seuss Foundation is located in San Diego, CA. The organization was established in 1960. 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. Dr Seuss 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, Dr Seuss Foundation generated $772.0k 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 (24.8%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dr Seuss Foundation has awarded 405 individual grants totaling $9,713,990. 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 |
|---|---|---|---|
Claudia Prescott President Emerita | 1 | $0 | |
Brian Schottlaender President | 1 | $0 | |
Jay Hill Executive Director | 40 | $181,325 | |
Ted Owens Vise President | 1 | $0 | |
Satomi Saito Treasurer | 1 | $0 | |
Katie Rast Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bohio Accounting | 12/30/23 | $201,632 |
Withers Bergman Llp | 12/30/23 | $67,735 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69,201 |
| Dividends & Interest | $1,008,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,084,940 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $779,065 |
| Total Revenue | $772,049 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $255,957 |
| Other employee salaries and wages | $38,912 |
| Pension plans, employee benefits | $70,996 |
| Interest | $0 |
| Taxes | $94,481 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $89,238 |
| Total operating and administrative expenses | $887,083 |
| Contributions, gifts, grants paid | $2,091,132 |
| Total expenses and disbursements | $2,978,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $491,474 |
| Savings and temporary cash investments | $2,226,109 |
| 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 | $52,956,091 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $104,729 |
| Total assets | $55,778,403 |
| Accounts payable and accrued expenses | $4,000 |
| Grants payable | $2,161,638 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $42,710 |
| Total liabilities | $2,208,348 |
Grants Awarded
Over the last fiscal year, Dr Seuss Foundation has awarded $105,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY OF PEDIATRICS CALIFORNIA PURPOSE: EDUCATION | $6,000 |
BURN INSTITUTE PURPOSE: HEALTH | $5,000 |
COMMUNITY CAMPERSHIP COUNCIL INC PURPOSE: CULTURE/COMMUNITY | $1,000 |
CROHN'S & COLITIS FOUNDATION OF AMERICA PURPOSE: HEALTH | $5,000 |
ELDERHELP OF SAN DIEGO PURPOSE: HEALTH | $5,000 |
LA JOLLA HISTORICAL SOCIETY PURPOSE: CULTURE/COMMUNITY | $5,000 |