Carol And James Collins Foundation
- Assets
- $27.3m
- Revenue
- $379.8k
- Investments
- $27.0m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2002
- Data as of
- 12/2023
- EIN
- 30-0100019
Organization Overview
Carol And James Collins Foundation is located in Los Angeles, CA. The organization was established in 2002. 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. Carol And James Collins 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, Carol And James Collins Foundation generated $379.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $475.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Carol And James Collins Foundation has awarded 230 individual grants totaling $4,272,190. 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 |
|---|---|---|---|
Cathleen C Hession Pres, Sec, Treas | 40 | $16,156 | |
James Collins Chairman | 2 | $0 | |
Carol Collins Director | 1 | $0 | |
Kelly L Collins Director | 1 | $0 | |
Melissa Collins Gudim Director | 1 | $0 | |
Melanie Buswell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $132 |
| Dividends & Interest | $271,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,524 |
| Capital Gain Net Income | $108,524 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $379,848 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,156 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,269 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,493 |
| Printing and publications | $0 |
| Other expenses | $1,003 |
| Total operating and administrative expenses | $43,750 |
| Contributions, gifts, grants paid | $432,000 |
| Total expenses and disbursements | $475,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,728 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,000 |
| Total assets | $27,304,167 |
| 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, Carol And James Collins Foundation has awarded $432,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF METRO LOS ANGELES PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
BOYS & GIRLS CLUB OF THE LA HARBOR PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
CALIFORNIA COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
CALIFORNIA RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
CATCHAFIRE FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $27,000 |
LA COUNTY DEPARTMENT OF ARTS AND CULTURE PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |