Calvin K Kazanjian Economics Foundation Inc
- Assets
- $8.6m
- Revenue
- $304.2k
- Investments
- $8.2m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 01/1949
- Data as of
- 12/2023
- EIN
- 06-0665174
Organization Overview
Calvin K Kazanjian Economics Foundation Inc is located in Scottsdale, AZ. The organization was established in 1949. 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. Calvin K Kazanjian Economics 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, Calvin K Kazanjian Economics Foundation Inc generated $304.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $430.4k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 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 2015, Calvin K Kazanjian Economics Foundation Inc has awarded 82 individual grants totaling $1,687,192. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Macdowell Trustee | 1 | $0 | |
Richard Lloyd Elston Pres. / Treas. | 1 | $0 | |
Scott Wolla Trustee | 1 | $0 | |
John F Van Gorder Trustee | 1 | $0 | |
Elena Zee Managing Dtr | 10 | $63,000 | |
Mary Bernal Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $211,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $92,904 |
| Capital Gain Net Income | $95,334 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $304,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,000 |
| 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 | $0 |
| Other expenses | $13,313 |
| Total operating and administrative expenses | $82,973 |
| Contributions, gifts, grants paid | $347,392 |
| Total expenses and disbursements | $430,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,862 |
| Savings and temporary cash investments | $389,602 |
| 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 | $8,214,590 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,611,054 |
| 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 | $4,212 |
| Total liabilities | $4,212 |
Grants Awarded
Over the last fiscal year, Calvin K Kazanjian Economics Foundation Inc has awarded $347,392 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA COUNCIL ON ECONOMIC EDUCATI PURPOSE: SUPPORT ENERGY ECONOMICS PROJECT | $30,000 |
NATIONAL COUNCIL ON ECONOMIC EDUCAT PURPOSE: SUPPORT VOLUNTARY K-12 NATIONAL STANDARDS IN ECONOMIC EDUCATION PROJECT | $75,000 |
KIDS NEED TO READ PURPOSE: SUPPORT "READING IS A LIFE SKILL" PROJECT | $5,000 |
ONABEN PURPOSE: SUPPORT "REAL CHANGE: YOUTH ENTREPRENEURSHIP INITIATIVE" | $25,000 |
WORKING IN SUPPORT OF EDUCATION WIS PURPOSE: SUPPORT QUALITY OF LIFE INNOVATIONS PROJECT | $25,000 |
TRANSITION INC PURPOSE: SUPPORT "MAKING THE MOST OF YOUR MONEY" PROJECT | $25,000 |