Beatrix Finston Padway Charitable Trust For Arts And Education
- Assets
- $18.8m
- Revenue
- $5.9m
- Investments
- $17.9m
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 31-6018432
Organization Overview
Beatrix Finston Padway Charitable Trust For Arts And Education is located in Beverly Hills, CA. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beatrix Finston Padway Charitable Trust For Arts And Education 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, Beatrix Finston Padway Charitable Trust For Arts And Education generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 2.0% 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 2014, Beatrix Finston Padway Charitable Trust For Arts And Education has awarded 200 individual grants totaling $5,769,205. 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 |
|---|---|---|---|
Ira Krinsky Trustee | 20 | $130,000 | |
Roberta Lweintraub Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,833,624 |
| Interest on Savings | $248 |
| Dividends & Interest | $516,519 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $583,403 |
| Capital Gain Net Income | $583,403 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $516 |
| Total Revenue | $5,934,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1 |
| Taxes | $6,152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,331 |
| Printing and publications | $0 |
| Other expenses | $6,514 |
| Total operating and administrative expenses | $293,527 |
| Contributions, gifts, grants paid | $1,050,000 |
| Total expenses and disbursements | $1,343,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $879,867 |
| 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 | $11,478 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,767,899 |
| 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, Beatrix Finston Padway Charitable Trust For Arts And Education has awarded $1,050,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
USC ROSSIER SCHOOL OF EDUCATION PURPOSE: EDUCATIONAL LEADERSHIP PROGRAM & CENTER EDGE | $75,000 |
Beverly Hills, CA PURPOSE: PROVIDE FUNDS FOR THE ORGANIZATIONS PROGRAMS & SERVICES | $75,000 |
Los Angeles, CA PURPOSE: PROVIDE FUNDS FOR NEURO-ONCOLOGY FELLOWSHIP PROGRAMNEURO ONCOLOGY | $50,000 |
Claremont, CA PURPOSE: URBAN LEADERSHIP PROGRAM | $50,000 |
Los Angeles, CA PURPOSE: STEM PROGRAM | $50,000 |
Los Angeles, CA PURPOSE: STEM+ ROBOTICS PROGRAM | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The University Corporation San Francisco State San Francisco, CA | $47,309,090 | $29,247,706 |
California State University Dominguez Hills Foundation Carson, CA | $11,765,317 | $14,222,352 |
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
Allan Hancock College Foundation Santa Maria, CA | $20,101,421 | $6,236,200 |
Wave Property Inc Malibu, CA | $0 | -$40,507 |
U C Riverside Foundation Riverside, CA | $204,662,854 | $24,632,492 |
San Francisco State University Foundation San Francisco, CA | $183,676,818 | $22,479,029 |
10000 Degrees San Rafael, CA | $19,169,911 | $12,132,333 |
Klare Holdings Los Angeles, CA | $259,758,492 | $15,264,279 |
California State University - Northridge Foundation Northridge, CA | $300,894,352 | $70,202,583 |
John H & Cynthia Lee Smet Foundation Manhattan Beach, CA | $180,146,566 | $55,938,171 |
Riverside County Office Of Education Foundation Riverside, CA | $343,683 | $10,179,019 |