Max Candiotty Foundation Inc
- Assets
- $669.8k
- Revenue
- $27.5k
- Investments
- $311.6k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/1965
- Data as of
- 12/2023
- EIN
- 95-6106776
Organization Overview
Max Candiotty Foundation Inc is located in Los Angeles, CA. The organization was established in 1965. 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. Max Candiotty Foundation Inc 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 12/2023, Max Candiotty Foundation Inc generated $27.5k 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 (17.8%) each year. All expenses for the organization totaled $513.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (57.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max Candiotty President | 2 | $0 | |
Sandra K Candiotty Vice President | 3 | $0 | |
Joseph D Block Sect-Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $21 |
| Dividends & Interest | $7,527 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $75 |
| Other expenses | $438 |
| Total operating and administrative expenses | $513 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,502 |
| Savings and temporary cash investments | $354,644 |
| 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 | $669,758 |
| 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, Max Candiotty Foundation Inc has awarded $0 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ISRAEL RELIEF FUND PURPOSE: CONTRIBUTION | $0 |
BUILDER JEWISH EDUCATION PURPOSE: CONTRIBUTION | $0 |
STAR PURPOSE: CONTRIBUTION | $0 |
GIMMEL FOUNDATION PURPOSE: CONTRIBUTION | $0 |
LAHSA PURPOSE: CONTRIBUTION | $0 |
YESHIVA UNIVERSITY PURPOSE: CONTRIBUTION | $0 |