Western Asset Management Company Charitable Foundation
- Assets
- $675.9k
- Revenue
- $204.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 02/2006
- Data as of
- 03/2022
- EIN
- 20-2589546
Organization Overview
Western Asset Management Company Charitable Foundation is located in Pasadena, CA. The organization was established in 2006. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Western Asset Management Company Charitable 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 03/2022, Western Asset Management Company Charitable Foundation generated $204.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.2% each year . All expenses for the organization totaled $262.6k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Western Asset Management Company Charitable Foundation has awarded 1,124 individual grants totaling $5,945,643. 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 |
|---|---|---|---|
James W Hirschmann President | 1 | $0 | |
Tracey A Hutson Secretary | 1 | $0 | |
Steven R Perzyna Cfo/director | 1 | $0 | |
Robert Sibbrel Admin Officer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $203,837 |
| Interest on Savings | $1,004 |
| 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 | $204,841 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,800 |
| Total operating and administrative expenses | $9,224 |
| Contributions, gifts, grants paid | $253,409 |
| Total expenses and disbursements | $262,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $675,939 |
| 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 | $675,939 |
| 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 |
Grants Awarded
Over the last fiscal year, Western Asset Management Company Charitable Foundation has awarded $253,409 in support to 116 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: HUMANITARIAN | $68,000 |
Los Angeles, CA PURPOSE: EDUCATION | $51,000 |
Los Angeles, CA PURPOSE: CIVIC | $27,200 |
Pasadena, CA PURPOSE: CULTURAL | $11,500 |
Pasadena, CA PURPOSE: HUMANITARIAN | $10,000 |
Los Angeles, CA PURPOSE: HUMANITARIAN | $5,687 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Western Asset Management Company Charitable Foundation has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Stagman Foundation Denver, CO PURPOSE: TO CONTRIBUTE TO CHARITABLE PURPOSES. | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |