Trudy Mandel Louis Charitable Tr
- Assets
- $27.1m
- Revenue
- $4.5m
- Investments
- $25.8m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2006
- Data as of
- 09/2023
- EIN
- 20-6487466
Organization Overview
Trudy Mandel Louis Charitable Tr is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trudy Mandel Louis Charitable Tr 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, Trudy Mandel Louis Charitable Tr generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $2.6m during the year ending 09/2023. While expenses have increased by 8.8% per year over the past 6 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, Trudy Mandel Louis Charitable Tr has awarded 42 individual grants totaling $11,410,000. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
TO SUPPORT A CONSTRUCTION PROGRAM OF THE JEWISH HOMES FOR THE AGING OF GREATER LOS ANGELES.
TO AMERICAN SOCIETY FOR TECHNION - ISRAEL INSTITUTE OF TECHNOLOGY, INC. TO SUPPORT CONSTRUCTION OF IMPROVEMENTS AND TO FUND MEDICAL RESEARCH PROGRAMS AT THE TECHNION, ISRAEL'S FOREMOST INSTITUTION FOR SCIENTIFIC RESEARCH.
TO SUPPORT A FULL TIME SECURITY PROGRAM AND A TENANT SERVICES PROGRAM AT LOS ANGELES FAMILY HOUSING. THESE PROGRAMS ARE SOLELY FUNDED BY GRANTS FROM THE TRUST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanford K Rubin Co-Trustee | 10 | $152,752 | |
Philip Feder Co-Trustee | 10 | $152,752 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Loeb And Loeb Llp | 9/29/18 | $107,164 |
Msk | 9/29/18 | $46,193 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $922,515 |
| Net Rental Income | $43,056 |
| Net Gain on Sale of Assets | $3,512,388 |
| Capital Gain Net Income | $3,512,388 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $60 |
| Total Revenue | $4,478,019 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $305,504 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62,123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $432,402 |
| Contributions, gifts, grants paid | $2,200,000 |
| Total expenses and disbursements | $2,632,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $654,347 |
| 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 | $2,258,645 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $639,348 |
| Total assets | $27,081,008 |
| 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, Trudy Mandel Louis Charitable Tr has awarded $2,200,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SOCIETY FOR TECHNION PURPOSE: TO SUPPORT THE NANOPHOTONICS RESEARCH PROGRAM AT THE TECHNION. | $700,000 |
JEWISH HOME FOR THE AGING PURPOSE: TO SUPPORT KEEPING THE VISION CAMPAIGN; ANNENBERG SCHOOL OF NURSING. | $300,000 |
HADASSAH PURPOSE: TO SUPPORT DEEP SEQUENCING ANALYSIS FOR GENETIC AND METABOLIC DISEASES. | $100,000 |
LOS ANGELES FAMILY HOUSING PURPOSE: TO SUPPORT THE TENANT SERVICES PROGRAM AND MEAL AND NUTRITION PROGRAM AT LOS ANGELES FAMILY HOUSING. | $400,000 |
VISTA DEL MAR PURPOSE: TO SUPPORT THE AUTISM CENTER PROGRAM AT VISTA DEL MAR. | $300,000 |
WILSHIRE BOULEVARD TEMPLE PURPOSE: TO SUPPORT SCHOLARSHIPS FOR STUDENTS TO ATTEND WILSHIRE BOULEVARD TEMPLE PRESCHOOL AND ELEMENTARY SCHOOL. | $400,000 |