The Ahmanson Foundation
- Assets
- $1.2b
- Revenue
- $107.3m
- Investments
- $1.2b
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 02/1955
- Data as of
- 10/2022
- EIN
- 95-6089998
Organization Overview
The Ahmanson Foundation is located in Beverly Hills, CA. The organization was established in 1955. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ahmanson 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 10/2022, Ahmanson Foundation generated $107.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $56.3m during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ahmanson Foundation has awarded 1,712 individual grants totaling $233,782,340. 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 |
|---|---|---|---|
William H Ahmanson Trustee/pres. | 40 | $672,600 | |
Howard F Ahmanson Trustee | 1 | $0 | |
Mark A Brooks Trustee | 1 | $0 | |
Karen A Hoffman Trustee/md & Secretary | 26 | $259,100 | |
Stephen D Rountree Trustee | 1 | $0 | |
John B Wagner Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pacific Ridge Capital Partners | 10/30/22 | $373,431 |
Wellington Management Company | 10/30/22 | $336,153 |
Wilshire Associates | 10/30/22 | $146,768 |
The Bank Of New York Mellon | 10/30/22 | $135,346 |
Andersen Tax | 10/30/22 | $127,949 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $118,777 |
| Dividends & Interest | $26,762,018 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,987,023 |
| Capital Gain Net Income | $87,626,417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,414,815 |
| Total Revenue | $107,282,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,364,467 |
| Other employee salaries and wages | $1,122,469 |
| Pension plans, employee benefits | $699,470 |
| Interest | $0 |
| Taxes | $1,124 |
| Depreciation | $113,402 |
| Occupancy | $200,496 |
| Travel, conferences, and meetings | $24,790 |
| Printing and publications | $81,152 |
| Other expenses | $161,630 |
| Total operating and administrative expenses | $5,189,348 |
| Contributions, gifts, grants paid | $51,151,890 |
| Total expenses and disbursements | $56,341,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,035,013 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $32,451 |
| 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 | $434,871 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $243,416,569 |
| Net Land, buildings, and equipment | $2,435,697 |
| Other assets | $3,326,538 |
| Total assets | $1,198,575,686 |
| Accounts payable and accrued expenses | $2,653,560 |
| Grants payable | $18,366,200 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,058,229 |
| Total liabilities | $22,077,989 |
Grants Awarded
Over the last fiscal year, The Ahmanson Foundation has awarded $73,590,590 in support to 523 organizations.
| Grant Recipient | Amount |
|---|---|
A NOISE WITHIN PURPOSE: TOWARD PROGRAMMATIC SUPPORT AT THE DISCRETION OF THE COFOUNDERS | $15,000 |
ALCOTT CENTER FOR MENTAL HLTH SVCS PURPOSE: FOR FURNITURE, COMPUTERS, AND EQUIPMENT | $70,000 |
A WINDOW BETWEEN WORLDS PURPOSE: TOWARD WEBSITE, TECHNOLOGY, AND EQUIPMENT UPGRADES | $93,000 |
A NOISE WITHIN PURPOSE: FOR LIGHTING AND EQUIPMENT UPGRADES | $118,500 |
ALISA ANN RUCH CALIFORNIA BURN FDN PURPOSE: FOR BURN PREVENTION EDUCATION MATERIALS FOR SOUTHERN CALIFORNIA | $51,100 |
ALL PEOPLES COMMUNITY CENTER PURPOSE: TOWARD FACILITY RENOVATIONS FOR THE ADA COMPLIANCE PROJECT | $150,000 |