Givsum Foundation is located in Costa Mesa, CA. The organization was established in 2010. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Givsum 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, Givsum Foundation generated $939.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 71.8% each year . All expenses for the organization totaled $937.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GIVSUM FOUNDATION PROVIDES GRANTS TO FISCAL SPONSORSHIP PROJECTS OF COMMUNITY BASED ORGANIZATIONS THAT ARE IN PURSUIT OF THEIR OWN 501C3. THE LARGEST PROJECTS ASSOCIATED WITH THE GIVSUM FOUNDATION INCLUDE TAILS THAT TEACH, ENTHEOS, ECB GOLF TOURNAMENT, AND MORNING STAR KIDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECB GOLF TOURNAMENT IS DESIGNED TO RAISE FUNDS FOR ARTISTS AND MUSICIAN IN NEED.
TAILS THAT TEACH INSPIRES KIDS TO BE KIND TO PETS AND PEOPLE, SAVING THE LIVES OF ANIMALS, CHANGING THE LIVES OF CHILDREN. TAILS THAT TEACH HELPS BRIDGE THAT CONNECTION THROUGH EDUCATION PROGRAMS AND OUR COMPENSATION-CENTERED BOOKS, "LOVE ME GENTLY" AS WELL AS "GRAY WHISKERS."
THE ENTHEOS COMMUNITY IS A GLOBAL COLLECTIVE OF MAKERS, HEALERS, ARTISTS, CULTIVATORS, SCIENTISTS, AND LEADERS OF SIX CONTINENTS FROM MORE THAN FORTY DIFFERENT COUNTRIES. THE ORGANIZATION WORKS IN MEDICAL AND PSYCHOLOGICAL RESEARCH, INNOVATES AT THE INTERSECTION OF TECHNOLOGY AND CULTURE, AND FACILITATES EXPERIENCE WITH THE SACRED, AND STUDY THE EVOLUTION OF CONSCIOUSNESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shawn Wehan Board Chair | Officer | 2 | $0 |
Larry Parker Board Member | Officer | 0 | $0 |
Bill Javorsky Board Member | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $359,761 |
Membership dues | $0 |
Fundraising events | $580,004 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $939,765 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $939,765 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $928,485 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $7,500 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,241 |
Information technology | $322 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $937,548 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $203,202 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $203,202 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $203,202 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $203,202 |