Gourrich Foundation
- Assets
- $144.2k
- Revenue
- $2.9k
- Investments
- $133.2k
- Employees
- 0
- Location
- S Pasadena, CA
- Founding
- 01/1947
- Data as of
- 12/2022
- EIN
- 95-6031337
Organization Overview
Gourrich Foundation is located in S Pasadena, CA. The organization was established in 1947. 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. Gourrich 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, Gourrich Foundation generated $2.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gourrich Foundation has awarded 83 individual grants totaling $126,300. 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 |
|---|---|---|---|
Harvey Alpern MD Director | 0 | $0 | |
Thomas A Duffy Vice President | 0 | $0 | |
Eugene L Fishman MD Director | 0 | $0 | |
Eugene H Jacobs Director | 0 | $0 | |
Shannon Ruddick Secretary | 0 | $0 | |
Thano Adamson President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,373 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $439 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,413 |
| Total operating and administrative expenses | $4,352 |
| Contributions, gifts, grants paid | $10,500 |
| Total expenses and disbursements | $14,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,032 |
| 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 | $144,184 |
| 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, Gourrich Foundation has awarded $10,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NEW WEST SYMPHONY PURPOSE: FINANCIAL SUPPORT | $1,500 |
SOUTH PASADENA EDUCATIONAL FOUNDATI PURPOSE: FINANCIAL SUPPORT | $500 |
UC DAVIS MIND INSTITUTE PURPOSE: FINANCIAL SUPPORT | $1,500 |
STAR ROCK MINISTRIES PURPOSE: FINANCIAL SUPPORT | $500 |
SELF-REALIZATION FELLOWSHIP PURPOSE: FINANCIAL SUPPORT | $500 |
TUNNEL TO TOWERS PURPOSE: FINANCIAL SUPPORT | $1,500 |