Brooks Foundation
- Assets
- $682.9k
- Revenue
- $432.0k
- Investments
- $675.2k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 26-3506668
Organization Overview
Brooks Foundation is located in Los Angeles, CA. The organization was established in 2010. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Brooks 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 12/2021, Brooks Foundation generated $432.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $40.1k during the year ending 12/2021. While expenses have increased by 7.7% 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 2015, Brooks Foundation has awarded 71 individual grants totaling $207,000. 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.
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 |
|---|---|---|---|
Rose Marie Larson President | 5 | $0 | |
Lori Ann Manfredonia Treasurer | 5 | $0 | |
Patricia Mcdonough Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $345,138 |
| Interest on Savings | $1 |
| Dividends & Interest | $12,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,020 |
| Capital Gain Net Income | $74,020 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $431,963 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $293 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,637 |
| Total operating and administrative expenses | $8,065 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $40,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,643 |
| 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 | $675,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $682,862 |
| 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, Brooks Foundation has awarded $32,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ST SEBASTIAN SCHOOL PURPOSE: EDUCATION | $13,000 |
OUR LADY OF VICTORY PURPOSE: EDUCATIONEDUCATIONEDUCATIONEDUCATION | $3,000 |
Los Angeles, CA PURPOSE: EDUCATION | $3,000 |
ST THERESA OF AVILA PURPOSE: EDUCATION | $3,000 |
ST TERESITA SCHOOL PURPOSE: EDUCATIONEDUCATION | $3,000 |
ST MALACHY SCHOOL PURPOSE: EDUCATION | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |
Borina Foundation Burlingame, CA | $0 | $77,406 |
William A Badger Foundation 80108800 Las Vegas, NV | $45,476,386 | $5,276,997 |