Angell Foundation
- Assets
- $125.3m
- Revenue
- $9.6m
- Investments
- $109.7m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2003
- Data as of
- 06/2023
- EIN
- 01-0789717
Organization Overview
Angell Foundation is located in Los Angeles, CA. The organization was established in 2003. 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. Angell 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 06/2023, Angell Foundation generated $9.6m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $9.0m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Angell Foundation has awarded 644 individual grants totaling $32,886,250. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry Oretzky President/se | 0 | $370,000 | |
Angel Roberson Daniels V-President | 0 | $282,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Voyager Mgmt Llc | 6/29/23 | $155,883 |
Cambiar Investors | 6/29/23 | $171,673 |
Hyatt Gidlow & Company Cpas | 6/29/23 | $105,169 |
Aristotle Capital Mgmt | 6/29/23 | $80,499 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,750,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,033,231 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,039,742 |
| Capital Gain Net Income | $5,039,742 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$269,538 |
| Total Revenue | $9,553,435 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $652,500 |
| Other employee salaries and wages | $357,750 |
| Pension plans, employee benefits | $99,395 |
| Interest | $2,862 |
| Taxes | $298,274 |
| Depreciation | $754 |
| Occupancy | $155,093 |
| Travel, conferences, and meetings | $23,320 |
| Printing and publications | $0 |
| Other expenses | $328,782 |
| Total operating and administrative expenses | $2,521,269 |
| Contributions, gifts, grants paid | $6,522,500 |
| Total expenses and disbursements | $9,043,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,125,844 |
| Savings and temporary cash investments | $0 |
| 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 | $37,407 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,087,817 |
| Net Land, buildings, and equipment | $1,129 |
| Other assets | $1,400,253 |
| Total assets | $125,282,251 |
| 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 | $124,573 |
| Total liabilities | $124,573 |
Grants Awarded
Over the last fiscal year, Angell Foundation has awarded $6,522,500 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON PRIVATE INDUSTRY COUNCIL PURPOSE: EDUCATION AS OPPORTUNITY | $75,000 |
CAMPAIGN FOR COLLEGE OPPORTUNITY PURPOSE: EDUCATION AS OPPORTUNITY | $175,000 |
FIRST STAR INC PURPOSE: EDUCATION AS OPPORTUNITY | $75,000 |
HOPE BUILDERS PURPOSE: EDUCATION AS OPPORTUNITY | $200,000 |
LEADERSUP PURPOSE: EDUCATION AS OPPORTUNITY | $275,000 |
NEXTGEN CLIMATE AMERICA PURPOSE: EDUCATION AS OPPORTUNITY | $75,000 |