Fordney Foundation
- Assets
- $1.1m
- Revenue
- $8.8k
- Investments
- $828.5k
- Employees
- 0
- Location
- Agoura Hills, CA
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 01-0617231
Organization Overview
Fordney Foundation is located in Agoura Hills, CA. The organization was established in 2002. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fordney 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, Fordney Foundation generated $8.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $118.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fordney Foundation has awarded 37 individual grants totaling $439,845. 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 |
|---|---|---|---|
Marilyn T Fordney Director | 10 | $0 | |
Esme Takahashi Board Member | 1 | $0 | |
Sandor Havasi Asst Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48 |
| Dividends & Interest | $33,089 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,100 |
| Capital Gain Net Income | $1,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$25,409 |
| Total Revenue | $8,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,273 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,933 |
| Total operating and administrative expenses | $63,450 |
| Contributions, gifts, grants paid | $55,225 |
| Total expenses and disbursements | $118,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,069 |
| 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 | $44,515 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $828,450 |
| Net Land, buildings, and equipment | $320 |
| Other assets | $201,909 |
| Total assets | $1,097,263 |
| 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, Fordney Foundation has awarded $55,225 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM YOUNG UNIVERSITY PURPOSE: ANNUAL DANCE STUDENT SPONSORSHIP | $5,000 |
DANCE READY INC PURPOSE: SPONSOR OF DANCE SPORT EVENT | $35,000 |
COLFAX CHARTER SCHOOL PURPOSE: GRANT TO ELEMENTARY SCHOOL FOR PROFESSIONAL DANCE INSTRUCTION | $15,225 |