Uta Foundation is located in Beverly Hills, 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. Uta 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, Uta Foundation generated $168.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $144.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Uta Foundation has awarded 227 individual grants totaling $2,314,740. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Berkus CEO | 0.5 | $0 | |
Jay Sures CFO | 0.5 | $0 | |
Jeremy Zimmer Secretary | 0.5 | $0 | |
Peter Benedek Vice President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $160,450 |
Interest on Savings | $8,254 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $168,704 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
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 | $0 |
Total operating and administrative expenses | $0 |
Contributions, gifts, grants paid | $144,840 |
Total expenses and disbursements | $144,840 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $425,425 |
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 | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $425,425 |
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 |
Over the last fiscal year, Uta Foundation has awarded $144,840 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
BOYS & GIRLS CLUB OF VENICE PURPOSE: GENERAL DONATION | $2,736 |
DOWNTOWN WOMEN'S CENTER PURPOSE: GENERAL DONATION | $6,263 |
BLESSINGS IN A BACKPACK PURPOSE: GENERAL DONATION | $1,732 |
EVERYTOWN FOR GUN SAFETY FUND INC PURPOSE: GENERAL DONATION TOWARDS CAUSE | $6,500 |
GIRLS INC OF LOS ANGELES PURPOSE: LA GIRLS RISE EVENT 5/11/23 | $5,000 |
SHARE OUR STRENGTH (NO KID HUNGRY) PURPOSE: NO KID HUNGRY HOLIDAY DINNER RECEPTION SPONSORSHIP | $10,000 |