Livingston Memorial Foundation
- Assets
- $10.7m
- Revenue
- $2.1m
- Investments
- $9.7m
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 11/1976
- Data as of
- 04/2022
- EIN
- 23-7364623
Organization Overview
Livingston Memorial Foundation is located in Westlake Village, CA. The organization was established in 1976. 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. Livingston Memorial 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 04/2022, Livingston Memorial Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $689.0k during the year ending 04/2022. While expenses have increased by 2.2% 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 2016, Livingston Memorial Foundation has awarded 119 individual grants totaling $2,463,066. 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
2022
Describe the Organization's Program Activity:
SUPPORT THE SERVICE OF FOUNDATION PERSONNEL ON BOARD OF PRIMARY CHARITABLE RECIPIENT
ALL OTHER CHARITABLE ACTIVITY CONSISTS OF GIVING GRANTS AND ADMINISTRATION THEREOF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen F Deutschman Secretary | 1 | $2,250 | |
Jane Donlon Walters Director | 1 | $1,500 | |
Richard S Loft MD Vc/vp | 1 | $1,500 | |
Thomas Pecht Vc/vp/asst Sec | 1 | $0 | |
Marcia L Donlon Asst Secretary | 1 | $0 | |
John Walters MD CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $225,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,850,329 |
| Capital Gain Net Income | $1,850,329 |
| Net ST Capital Gain | $807 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,142 |
| Total Revenue | $2,079,885 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,427 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,028 |
| Total operating and administrative expenses | $241,328 |
| Contributions, gifts, grants paid | $447,700 |
| Total expenses and disbursements | $689,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,861 |
| Savings and temporary cash investments | $1,022,524 |
| 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 | $3,241,445 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,707,429 |
| 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 | $13,130 |
| Total liabilities | $13,130 |
Grants Awarded
Over the last fiscal year, Livingston Memorial Foundation has awarded $447,700 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Ventura, CA PURPOSE: SUPPORT HEALTH AND HEALTH RELATED ACTIVITIES IN VENTURA COUNTY | $200,000 |
Thousand Oaks, CA PURPOSE: SUPPORT HEALTH AND HEALTH RELATED ACTIVITIES IN VENTURA COUNTY | $155,000 |
Simi Valley, CA PURPOSE: SUPPORT HEALTH AND HEALTH RELATED ACTIVITES IN VENTURA COUNTY | $30,000 |
Ventura, CA PURPOSE: SUPPORT HEALTH AND HEALTH RELATED ACTIVITES IN VENTURA COUNTY | $10,700 |
Santa Barbara, CA PURPOSE: SUPPORT HEALTH AND HEALTH RELATED ACTIVITIES IN VENTURA COUNTY | $10,000 |
Oxnard, CA PURPOSE: SUPPORT HEALTH AND HEALTH RELATED ACTIVITIES IN VENTURA COUNTY | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Livingston Memorial Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
13 Wishes Foundation Camarillo, CA PURPOSE: HOME HEALTH CARE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |