Joseph Drown Foundation

Organization Overview

Joseph Drown Foundation is located in Beverly Hills, CA. The organization was established in 1954. 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.

For the year ending 03/2021, Joseph Drown Foundation generated $10.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $5.9m during the year ending 03/2021. While expenses have increased by 1.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Joseph Drown Foundation has awarded 539 individual grants totaling $18,580,800. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Edgewood Management
$110,170
Wells Capital Management
$102,561
Northern Trust Bank
$87,007
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $755,497
Net Rental Income$0
Net Gain on Sale of Assets $9,722,884
Capital Gain Net Income $9,417,898
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $10,478,381

Grants Awarded

Over the last fiscal year, Joseph Drown Foundation has awarded $5,653,600 in support to 114 organizations.

Grant RecipientAmount

THE SEED FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: THE SEED SCHOOL OF LOS ANGELES COUNTY

$1,000,000

THE UCLA FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: DAVID GEFFEN SCHOOL OF MEDICINE JDF DEAN'S AWARD IN RESEARCH

$150,000

THE UCLA FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: DAVID GEFFEN SCHOOL OF MEDICINE JDF DEAN'S AWARD IN RESEARCH

$150,000

CSUN MARILYN MAGARAM CENTER

PURPOSE: TELEHEALTH CLINIC

$100,000

EMERGING MARKETS DEVELOPMENT CORPORATION

PURPOSE: NEIGHBORHOOD REIT STRUCTURE DEVELOPMENT

$100,000

CALIFORNIA COMMUNITY FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: LOS ANGELES COVID-19 RELIEF FUND

$100,000
View Grant Profile

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