The Marisla Foundation
- Assets
- $26.5m
- Revenue
- $36.0m
- Investments
- $20.0m
- Employees
- 0
- Location
- Laguna Beach, CA
- Founding
- 12/1986
- Data as of
- 12/2021
- EIN
- 33-0200133
Organization Overview
The Marisla Foundation is located in Laguna Beach, CA. The organization was established in 1986. 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. Marisla 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 12/2021, Marisla Foundation generated $36.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $41.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marisla Foundation has awarded 629 individual grants totaling $112,741,665. 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 |
|---|---|---|---|
Herbert M Bedolfe III Dir./exec Director | 40 | $325,608 | |
Sara M Lowell Secretary/program Director | 32 | $215,373 | |
Margaret Lauer Administrator | 40 | $127,630 | |
Anne G Earhart President | 4 | $0 | |
Oliver N Crary Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,201,257 |
| Interest on Savings | $0 |
| Dividends & Interest | $303,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $535,302 |
| Capital Gain Net Income | $14,482,283 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,370 |
| Total Revenue | $36,043,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $717,273 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $41,038 |
| Interest | $0 |
| Taxes | $205,402 |
| Depreciation | $730 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,553 |
| Printing and publications | $0 |
| Other expenses | $189,852 |
| Total operating and administrative expenses | $1,367,247 |
| Contributions, gifts, grants paid | $40,466,780 |
| Total expenses and disbursements | $41,834,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $435,359 |
| Savings and temporary cash investments | $6,032,539 |
| 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 | $3,302 |
| Other assets | $109,739 |
| Total assets | $26,534,095 |
| Accounts payable and accrued expenses | $82,807 |
| Grants payable | $21,545,000 |
| 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 | $21,627,807 |
Grants Awarded
Over the last fiscal year, The Marisla Foundation has awarded $50,393,780 in support to 288 organizations.
| Grant Recipient | Amount |
|---|---|
Newport Beach, CA PURPOSE: MARISLA FUND | $7,455,000 |
Washington, DC PURPOSE: PLASTIC FREE CHOICES CAMPAIGN | $2,300,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $2,000,000 |
New York, NY PURPOSE: PARTNERS FOR A NEW ECONOMY | $2,000,000 |
Boulder, CO PURPOSE: MARISLA FUND | $1,280,000 |
New York, NY PURPOSE: GENERAL SUPPORT FOR OCEANS 5 | $1,135,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |