Alice Tweed Tuohy Foundation is located in Santa Barbara, CA. The organization was established in 1958. 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. Alice Tweed Tuohy 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 06/2023, Alice Tweed Tuohy Foundation generated $614.5k 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 (4.5%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Alice Tweed Tuohy Foundation has awarded 280 individual grants totaling $8,038,377. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Mackall President | 10 | $75,000 | |
Joseph Cole Director/tre | 2 | $6,000 | |
Susan Jackson Director/sec | 2 | $6,000 | |
Elizabeth Fowler Director | 2 | $6,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,409 |
| Dividends & Interest | $399,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $207,058 |
| Capital Gain Net Income | $207,058 |
| Net ST Capital Gain | $0 |
| Income Modifications | $21,907 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,060 |
| Total Revenue | $614,477 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $93,000 |
| Other employee salaries and wages | $51,500 |
| Pension plans, employee benefits | $9,901 |
| Interest | $0 |
| Taxes | $7,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,035 |
| Total operating and administrative expenses | $237,896 |
| Contributions, gifts, grants paid | $1,245,000 |
| Total expenses and disbursements | $1,482,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,822 |
| Savings and temporary cash investments | $131,307 |
| 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 | $12,675 |
| Total assets | $13,293,859 |
| Accounts payable and accrued expenses | $3,795 |
| 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 | $265,653 |
| Total liabilities | $269,448 |
Over the last fiscal year, Alice Tweed Tuohy Foundation has awarded $1,245,000 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S MUSEUM OF SANTA BARBARA PURPOSE: REPLACE TWO LIGHT PROJECTORS | $10,000 |
COTTAGE REHABILITATION HOSPITAL FO PURPOSE: GOLETA REHAB STRUCTURE CONSTRUCTION | $100,000 |
DREAM FOUNDATION PURPOSE: FLOWER DELIVERY VAN MAINT, GAS, EQUI | $10,000 |
FAMILY SERVICE AGENCY PURPOSE: A.V. EQUIPMENT | $8,000 |
ELINGS PARK FOUNDATION PURPOSE: TENNIS COURT RESTROOM REMODEL, EPIC | $50,000 |
FOODBANK OF SB COUNTY PURPOSE: GOLETA SHAREHOUSE CONSTRUCTION | $30,000 |