Webb Family Foundation
- Assets
- $21.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 20-0864199
Organization Overview
Webb Family Foundation is located in Los Gatos, CA. The organization was established in 2004. 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. Webb 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 12/2023, Webb Family Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Webb Family Foundation has awarded 50 individual grants totaling $4,978,880. 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 |
|---|---|---|---|
Maynard G Webb Jr Chairman, Cfo, Director | 1 | $0 | |
Irene C Webb President, Secretary, Dire | 1 | $0 | |
Kevin Webb Member | 0 | $0 | |
Laura Webb Member | 0 | $0 | |
Mitchell Webb Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $561,265 |
| Interest on Savings | $114,313 |
| Dividends & Interest | $299,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $758,466 |
| Capital Gain Net Income | $758,466 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,733,755 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,017 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $125,001 |
| Total operating and administrative expenses | $630,770 |
| Contributions, gifts, grants paid | $1,559,000 |
| Total expenses and disbursements | $2,189,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,311,379 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $19,382,699 |
| Total assets | $21,694,078 |
| Accounts payable and accrued expenses | $7,665 |
| 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 | $7,665 |
Grants Awarded
Over the last fiscal year, Webb Family Foundation has awarded $1,559,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BREAKTHROUGH SILICON VALLEY PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
COLLEGE TRACK - NORTHERN CALIFORNIA (BAY AREA) PURPOSE: PROJECT SUPPORT | $150,000 |
ELAKHA ALLIANCE PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
ELKHORN SLOUGH FOUNDATION PURPOSE: PROJECT SUPPORT | $100,000 |
KIPP BAY AREA SCHOOLS PURPOSE: PROJECT SUPPORT | $339,000 |
PENINSULA OPEN SPACE TRUST - MONTEREY ROAD FEASIBILITY STUDY PURPOSE: PROJECT SUPPORT | $100,000 |