Edward Charles Foundation

Organization Overview

Edward Charles Foundation is located in Beverly Hills, CA. The organization was established in 2009. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 06/2022, Edward Charles Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward Charles 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 06/2022, Edward Charles Foundation generated $41.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $54.9m during the year ending 06/2022. While expenses have increased by 39.2% 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, Edward Charles Foundation has awarded 428 individual grants totaling $66,094,684. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FISCAL SPONSORSHIP OF CHARITABLE INITIATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELP KITCHEN PROVIDES RELIEF TO THE DISTRESSED AND POOR BY PROVIDING FOOD AND OTHER ITEMS OF NOURISHMENT TO THOSE WHO DO NOT HAVE.


OUTSCHOOL.ORG - TO PROVIDE FREE CLASSES TO PUBLIC SCHOOL FAMILIES AFFECTED BY SCHOOL CLOSURES AS A RESUT OF CORONAVIRUS.


HEART OF DINNER COMBATS FOOD INSECURITY AND ISOLATION WITHIN NYC'S ELDERLY ASIAN AMERICAN COMMUNITY, BY DELIVERING CARE PACKAGES OF HOT LUNCHES AND FRESH PRODUC.


SERVED AS FISCAL SPONSOR FOR OTHER ORGANIZATIONS TO PERFORM CHARITABLE PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Kent Seton
CEO
$0
Kevin Grigorenko
Cto
$0
Andrew Altsule
Secretary
$0
James Bullard
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Nasarati Experience Inc
Event Expense
$520,690
Seton & Associates Plc
Ceo Services
$499,500
Seton & Associates Plc
Licensing Fee
$215,720
The Artemis Agency Llc
Consulting
$159,484
Offor (Offor Walker Group Llc)
Consulting
$171,100
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$40,165,433
Noncash contributions included in lines 1a–1f $2,073,076
Total Revenue from Contributions, Gifts, Grants & Similar$40,165,433
Total Program Service Revenue$1,030,251
Investment income $95,850
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,348
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $41,333,882

Grants Awarded

Over the last fiscal year, Edward Charles Foundation has awarded $36,095,031 in support to 88 organizations.

Grant RecipientAmount

FELTHEIMER FAMILY FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: CHARITABLE GIFT

$19,561,510

STARLINK INITIATIVE LTD

PURPOSE: CHARITABLE GIFT

$6,082,590

SCHOOLHOUSEWORLD INC

Org PageRecipient Profile

Palo Alto, CA

PURPOSE: CHARITABLE GIFT

$2,338,186

HELPKITCHEN CLIENT

Org PageRecipient Profile

San Francisco, CA

PURPOSE: CHARITABLE GIFT

$1,735,171

West Hollywood, CA

PURPOSE: CHARITABLE GIFT

$1,208,972

THRIVE MARKET INC

PURPOSE: CHARITABLE GIFT

$933,974
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 56 grants that Edward Charles Foundation has recieved totaling $30,463,339.

Awarding OrganizationAmount
Dechomai Foundation Inc

Jacksonville, FL

PURPOSE: unrestricted

$19,327,009
The Seminar Network Inc

Arlington, VA

PURPOSE: General Operating Support

$1,433,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$1,426,400
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$1,241,734
Charles Koch Institute

Arlington, VA

PURPOSE: EDUCATION

$1,150,000
Wend Ii Inc

Bentonville, AR

PURPOSE: SPECIAL PROJECTS COVID-19 RELIEF EFFORTS

$1,075,000
View Grant Recipient Profile

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