William & Margaret Fern Holmes Family Foundation
- Assets
- $28.1m
- Revenue
- $1.5m
- Investments
- $27.8m
- Employees
- 0
- Location
- Orange, CA
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 26-3343041
Organization Overview
William & Margaret Fern Holmes Family Foundation is located in Orange, CA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. William & Margaret Fern Holmes 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, William & Margaret Fern Holmes Family Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 7 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, William & Margaret Fern Holmes Family Foundation has awarded 47 individual grants totaling $8,665,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oscar Jimenez Trustee | 20 | $137,000 | |
Charlene Jimenez Trustee | 20 | $102,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $738,469 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $808,417 |
| Capital Gain Net Income | $808,417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $950 |
| Total Revenue | $1,547,836 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $239,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,941 |
| Depreciation | $0 |
| Occupancy | $234 |
| Travel, conferences, and meetings | $168 |
| Printing and publications | $0 |
| Other expenses | $5,865 |
| Total operating and administrative expenses | $474,959 |
| Contributions, gifts, grants paid | $1,265,000 |
| Total expenses and disbursements | $1,739,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,612 |
| Savings and temporary cash investments | $137,676 |
| 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 | $709 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,225,482 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,050,045 |
| 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, William & Margaret Fern Holmes Family Foundation has awarded $1,265,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF CAPISTRANO VALLEY PURPOSE: HELP YOUNG PEOPLE REACH THEIR FULL POTENTIAL AS PRODUCTIVE AND RESPONSIBLE CARING INDIVIDUALS | $150,000 |
HUNTINGTON' DISEASE SOCIETY OF AMERICA PURPOSE: IMPROVING THE LIVES OF PEOPLE WITH HUNTINGTON'S DISEASE | $25,000 |
MICHAEL J FOX FOUNDATION PURPOSE: PARKINSON'S RESEARCH | $400,000 |
JF SHEA THERAPEUTIC RIDING CENTER PURPOSE: PROVIDE THERAPEUTIC HORSEBACK RIDING FOR THE DISABLED. | $175,000 |
CALIFORNIA YOUTH SERVICES PURPOSE: MENTAL HEALTH TREATMENT, ALCOHOL, DRUG ABUSE, AND DELINQUENCY PREVENTION | $135,000 |
UCLA STEIN EYE INSTITUTE PURPOSE: SUPPORTING PROGRESSIVE PROGRAMS OF EYE RESEARCH, EDUCATION, AND PATIENT CARE. | $350,000 |