Weingart Foundation is a organizations supporting multiple business or community development nonprofit based in Los Angeles, CA that was founded in 1952. As of 2019 they had $153 million in revenue and $830 million in assets.
To build a better Southern California by supporting nonprofit organizations to more effectively serve the underserved.
Weingart Foundation makes grants to other organizations, such as $980,000 to Liberty Hill Foundation for "Youth Organizing"; $500,000 to InnerCity Struggle (ICS) for "Capital Grant"; $500,000 to Children's Institute for "Regular Grant"; $500,000 to Los Angeles Urban League for "Other Special Programs/grants"; and $500,000 to United Way of Greater Los Angeles for "Homelessness".
EIN:
95-6054814
City:
State:
Website:
Phone:
(213) 688-7799
Founded:
1952
Type:
501(c)(3)
NTEE:
Revenue:
$153,440,527
Assets:
$830,894,039
Fiscal year end:
June
Form 990s for Weingart Foundation
Fiscal year ending | Date received by IRS | Form | PDF link |
---|
2019-06 | Feb 13, 2020 | 990PF | View PDF |
2018-06 | Feb 21, 2019 | 990PF | View PDF |
2017-06 | Mar 14, 2018 | 990PF | View PDF |
2016-06 | Jan 19, 2017 | 990PF | View PDF |
2015-06 | Jan 27, 2016 | 990PF | View PDF |
...and four more Form 990 PDFs |
Financials for Weingart Foundation
Field | 2019 | 2018 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | |
Investment income and dividends | $2,359,661 | $3,586,747 | -34.2% |
Net rental income | $0 | $-156,687 | -100% |
Net gain from sale of non-inventory assets | $132,374,642 | $44,392,857 | 198.2% |
Gross sales of inventory | $0 | $0 | |
Miscellaneous revenues | $18,706,224 | $15,154,388 | 23.4% |
Total revenues | $153,440,527 | $63,154,206 | 143.0% |
Field | 2019 | 2018 | % Change |
---|
Compensation of current officers, etc. | $1,829,986 | $2,203,987 | -17.0% |
Non-officer salaries and wages | $1,487,876 | $1,374,413 | 8.3% |
Pension/retirement accruals and contributions | $899,326 | $720,534 | 24.8% |
Legal fees | $103,614 | $169,045 | -38.7% |
Accounting fees | $54,000 | $59,450 | -9.2% |
Other fee-for-service | $4,128,498 | $3,790,832 | 8.9% |
Interest | $174,351 | $0 | 999% |
Depreciation, amortization, etc. | $258,352 | $105,902 | 144.0% |
Occupancy | $589,150 | $412,811 | 42.7% |
Travel | $178,987 | $144,897 | 23.5% |
Office expenses | | | |
Grants to all govts., orgs., and individuals | $39,493,252 | $33,882,381 | 16.6% |
All other expenses | $360,773 | $712,366 | -49.4% |
Total expenses | $49,558,165 | $43,576,618 | 13.7% |
Field | 2019 | 2018 | % Change |
---|
Cash (non-interest-bearing) | $500 | $500 | |
Savings, short-term investments, etc. | $44,200,308 | $1,676,181 | 2537.0% |
Accounts receivable | $1,545 | $1,545 | |
Pledges and grants receivable | $1,545 | $1,545 | |
Loans receivable from officers, directors, etc. | $0 | $0 | |
Notes and loans receivable | $1,905,769 | $1,905,769 | |
Inventories for use | $0 | $0 | |
Prepaid expenses and deferred charges | $76,007 | $517,345 | -85.3% |
Investments in government obligations | $40,873,662 | $78,776,148 | -48.1% |
Investments in corporate stock | $214,016,380 | $289,050,296 | -26.0% |
Investments in corporate bonds | $0 | $0 | |
Investments in land, buildings, and equipment | $0 | $0 | |
Investments in mortgage loans | $0 | $0 | |
Other types of investments | $454,453,558 | $424,596,883 | 7.0% |
Buildings, equipment, etc. post-depreciation | $2,449,629 | $152,864 | 1502.5% |
Other assets | $74,822,450 | $7,530,482 | 893.6% |
Total assets | $830,894,039 | $802,302,244 | 3.6% |
Field | 2019 | 2018 | % Change |
---|
Accounts payable and accrued expenses | $2,130,093 | $544,764 | 291.0% |
Grants payable | $19,384,442 | $12,687,183 | 52.8% |
Deferred revenue | $0 | $0 | |
Loans payable to officers and disqualified persons | $0 | $0 | |
Secured mortgages and notes payable to unrelated third parties | $15,000,000 | $0 | 999% |
Other liabilities | $1,889,797 | $3,551,699 | -46.8% |
Total liabilities | $38,404,332 | $16,783,646 | 128.8% |
Field | 2019 | 2018 | % Change |
---|
Unrestricted net assets | $792,489,707 | $785,518,598 | 0.9% |
Temporarily restricted net assets | $0 | $0 | |
Permanently restricted net assets | $0 | $0 | |
Vendors for Weingart Foundation
Vendor | Services | Amount paid | Date |
---|
Kimbia | Fundraising software | | 2020-06-16 |
███████ ███ ████ | Fundraising software; Payment processing | | 2020-06-16 |
█████████ ████████ | Software | | 2020-02-28 |
█████ ██████ ███ █████ ███ | Tax accounting | | 2020-02-13 |
█████████ ██████████ | Investment Advisors | $1,246,575 | 2019-06-01 |
███████ ████████ | Investment Management | $734,710 | 2019-06-01 |
████████ | Investment Management | $339,877 | 2019-06-01 |
████████ █████ ██████████ | Investment Management | $363,233 | 2019-06-01 |
...and one more vendors |
Personnel at Weingart Foundation
Name | Title | Compensation | Most recent data |
---|
Miguel A. Santana | President and Chief Executive Officer , Los Angeles County Fair Association / Director / President and CEO, Los Angeles County Fair Association | $31,800 | Sept. 24, 2020 |
Joyce Ybarra | Director , Learning | $116,886 | June 30, 2019 |
████ ███████ | Director , Program in | $116,883 | June 30, 2019 |
██ ██████ | Director , Special PR | $117,407 | June 30, 2019 |
████ ██ ███ | President | $553,629 | Sept. 24, 2020 |
███ █████ | Vice President and Treasurer | $343,586 | Feb. 13, 2020 |
██████ ███████ | Grant Operations | $182,000 | June 30, 2019 |
█████ ██████ | Senior Vice President | $273,185 | June 30, 2019 |
███████ ████ | Secretary and Treasurer | $97,167 | June 30, 2017 |
...and one more key personnel |
Peer organizations supporing multiple business and community development organizations
| Name | Type | Revenue | Location |
---|
1 | Tarsadia Foundation | 501(c)(3) | $106 million | Newport Beach, CA |
2 | Iowa West Foundation | 501(c)(3) | $39 million | Council BLFS, IA |
3 | Gordon E and Betty I Moore Foundation | 501(c)(3) | $530 million | Palo Alto, CA |
4 | Conrad N. Hilton Foundation | 501(c)(3) | $172 million | Agoura Hills, CA |
5 | William and Flora Hewlett Foundation | 501(c)(3) | $609 million | Menlo Park, CA |
6 | James Irvine Foundation | 501(c)(3) | $81 million | San Francisco, CA |
7 | The Ahmanson Foundation | 501(c)(3) | $56 million | Beverly Hills, CA |
8 | The Schmidt Family Foundation (TSFF) | 501(c)(3) | $613 million | Palo Alto, CA |
9 | David and Lucile Packard Foundation | 501(c)(3) | $440 million | Los Altos, CA |
10 | Cotsen Foundation for the Art of Teaching | 501(c)(3) | $178 million | Los Angeles, CA |
11 | Saul Brandman Foundation | 501(c)(3) | $226 million | Beverly Hills, CA |
12 | Rodan Family Foundation | 501(c)(3) | $100 million | Orinda, CA |
13 | W. M. Keck Foundation | 501(c)(3) | $73 million | Los Angeles, CA |
14 | Meyer Memorial Trust (MMT) | 501(c)(3) | $60 million | Portland, OR |
15 | Rippleworks | 501(c)(3) | $296 million | Redwood City, CA |
16 | Heising Simons Foundation | 501(c)(3) | $179 million | Los Altos, CA |
17 | California Wellness Foundation | 501(c)(3) | $71 million | Los Angeles, CA |
18 | Charles Stewart Mott Foundation | 501(c)(3) | $231 million | Flint, MI |
19 | The Carmel Hill Fund Education Program | 501(c)(3) | $61 million | New York, NY |
20 | George Gund Foundation | 501(c)(3) | $76 million | Cleveland, OH |
21 | Matan B'seter Foundation | 501(c)(3) | $289 million | New York, NY |
22 | The Leona M and Harry B Helmsley Charitable Trust | 501(c)(3) | $191 million | New York, NY |
23 | Cullen Foundation | 501(c)(3) | $42 million | Houston, TX |
24 | Robert Wood Johnson Foundation (RWJF) | 501(c)(3) | $548 million | Princeton, NJ |
25 | Simons Foundation | 501(c)(3) | $441 million | New York, NY |