Shapell Guerin Family Foundation
- Assets
- $79.4m
- Revenue
- $1.7m
- Investments
- $77.9m
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 06/1961
- Data as of
- 12/2022
- EIN
- 95-6047847
Organization Overview
Shapell Guerin Family Foundation is located in Beverly Hills, CA. The organization was established in 1961. 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. Shapell Guerin Family 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, Shapell Guerin Family Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $7.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Shapell Guerin Family Foundation has awarded 45 individual grants totaling $44,639,652. 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 |
|---|---|---|---|
Vera Guerin President/director/ceo | 10 | $0 | |
Paul Guerin Vice President/director | 0.1 | $0 | |
Gregory Scott Treasurer/cfo/director | 5 | $58,332 | |
Dana Guerin Director | 0.1 | $0 | |
Lisa Guerin Director | 0.1 | $0 | |
Jeffrey L Glassman Secretary/director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $1,318,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $348,124 |
| Capital Gain Net Income | $348,124 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,666,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $58,332 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,998 |
| Depreciation | $16,585 |
| Occupancy | $187,071 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,146 |
| Total operating and administrative expenses | $347,482 |
| Contributions, gifts, grants paid | $7,150,000 |
| Total expenses and disbursements | $7,497,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $559,052 |
| 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 | $12,565,214 |
| Net Land, buildings, and equipment | $93,795 |
| Other assets | $832,438 |
| Total assets | $79,424,977 |
| 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 | $824,797 |
| Total liabilities | $824,797 |
Grants Awarded
Over the last fiscal year, Shapell Guerin Family Foundation has awarded $7,150,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CEDARS-SINAI MEDICAL CENTER - WOMEN'S GUILD PURPOSE: GENERAL | $25,000 |
SKIRBALL CULTURAL CENTER PURPOSE: GENERAL | $100,000 |
CEDARS-SINAI MEDICAL CENTER PURPOSE: GENERAL | $7,025,000 |