Mr And Mrs Samuel Oschin Family Foundation
- Assets
- $84.9m
- Revenue
- $981.5k
- Investments
- $79.8m
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 05/2004
- Data as of
- 09/2023
- EIN
- 20-0533204
Organization Overview
Mr And Mrs Samuel Oschin Family Foundation is located in Woodland Hills, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mr And Mrs Samuel Oschin Family 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 09/2023, Mr And Mrs Samuel Oschin Family Foundation generated $981.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.5%) each year. All expenses for the organization totaled $6.2m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
N/A
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 |
|---|---|---|---|
Lynda Oschin Chairman Of The Board & Secretary | 24 | $168,000 | |
Daniel Oschin President & CFO | 24 | $168,000 | |
Katherine Oschin Vice President | 10 | $30,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meloni Hribal Tratner Llp | 9/29/23 | $195,249 |
Wells Fargo Advisors Llc | 9/29/23 | $152,707 |
Morgan Stanley | 9/29/23 | $96,852 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,813 |
| Dividends & Interest | $1,241,320 |
| Net Rental Income | -$12,520 |
| Net Gain on Sale of Assets | -$1,840,099 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,536,069 |
| Total Revenue | $981,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $366,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $25,731 |
| Interest | $0 |
| Taxes | $201,656 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,257 |
| Total operating and administrative expenses | $1,182,342 |
| Contributions, gifts, grants paid | $5,001,600 |
| Total expenses and disbursements | $6,183,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,166,659 |
| 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 | $3,972,697 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $47,618,552 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $519 |
| Total assets | $84,945,614 |
| 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 | $3,560,912 |
| Total liabilities | $3,560,912 |
Grants Awarded
Over the last fiscal year, Mr And Mrs Samuel Oschin Family Foundation has awarded $5,001,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA SCIENCE CENTER FOUNDATION PURPOSE: CALIFORNIA SCIENCE CTR FDN CAMPAIGN (ENDEAVOR) | $5,000,000 |
TEMPLE B'NAI HAYIM PURPOSE: NURTURE PERSONAL AND SPIRITUAL CONNECTIONS AND GROWTH BY EMBRACING OUR INSPIRING JEWISH CULTURE AND HERITAGE | $1,600 |