S Mark Taper Foundation
- Assets
- $170.7m
- Revenue
- $8.4m
- Investments
- $162.6m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 32-0516588
Organization Overview
S Mark Taper Foundation is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. S Mark Taper 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, S Mark Taper Foundation generated $8.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $9.3m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 5 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 2020, S Mark Taper Foundation has awarded 316 individual grants totaling $26,158,100. 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 |
|---|---|---|---|
Janice Taper Lazarof Trustee And President Emeritus | 10 | $0 | |
Amelia Taper Bolker Trustee And President | 15 | $0 | |
Roy Weitz Trustee And Investment Officer | 10 | $20,966 | |
Adrienne Wittenberg Executive Director | 40 | $425,244 | |
Ilene Silberman Chief Financial Offi | 40 | $326,250 | |
Kristen Haggins Senior Program Offic | 35 | $162,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hotchkis & Wiley Capital Management | 12/30/23 | $185,414 |
Frontier Capital Management | 12/30/23 | $149,560 |
Bank Of Americaus Trust | 12/30/23 | $101,509 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $193,247 |
| Dividends & Interest | $3,003,686 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,177,376 |
| Capital Gain Net Income | $5,177,376 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $517 |
| Total Revenue | $8,374,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,966 |
| Other employee salaries and wages | $1,175,660 |
| Pension plans, employee benefits | $139,851 |
| Interest | $0 |
| Taxes | $179,103 |
| Depreciation | $13,437 |
| Occupancy | $227,779 |
| Travel, conferences, and meetings | $3,611 |
| Printing and publications | $0 |
| Other expenses | $143,317 |
| Total operating and administrative expenses | $2,442,003 |
| Contributions, gifts, grants paid | $6,867,800 |
| Total expenses and disbursements | $9,309,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,912,327 |
| Net Accounts receivable | $164,246 |
| 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 | $77,075,663 |
| Net Land, buildings, and equipment | $62,571 |
| Other assets | $948,549 |
| Total assets | $170,681,940 |
| Accounts payable and accrued expenses | $114,050 |
| 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 | $911,581 |
| Total liabilities | $1,025,631 |
Grants Awarded
Over the last fiscal year, S Mark Taper Foundation has awarded $6,867,800 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
AL WOOTEN JR YOUTH CENTER PURPOSE: GENERAL OPERATING SUPPORT. | $75,000 |
ANIMAL RESCUE MISSION PURPOSE: SUPPORT OF VETERINARY CARE WITHIN LOS ANGELES COUNTY. | $10,000 |
ACCELERATE EDUCATION GROUP INC PURPOSE: GENERAL OPERATING SUPPORT WITHIN LOS ANGELES COUNTY FOR TWO YEARS. | $50,000 |
ARTS AND SERVICES FOR DISABLED INCORPORATED DBA ABLE ARTS WORK PURPOSE: CAPITAL SUPPORT FOR BUILDING RENOVATION IN LONG BEACH. | $25,000 |
BIDDY MASON CHARITABLE FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT FOR TWO YEARS. | $50,000 |
BOYS & GIRLS CLUB OF CARSON PURPOSE: GENERAL OPERATING SUPPORT. | $75,000 |