Reed L Harmon & Nan H Harman Foundation is located in Rolling Hills Estates, CA. The organization was established in 1988. 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. Reed L Harmon & Nan H Harman 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 12/2022, Reed L Harmon & Nan H Harman Foundation generated $386.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $316.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Reed L Harmon & Nan H Harman Foundation has awarded 188 individual grants totaling $1,825,192. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reed L Harman President | 10 | $0 | |
Nan M Harman Vice President | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $7,367 |
Dividends & Interest | $94,601 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $257,045 |
Capital Gain Net Income | $257,045 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $27,676 |
Total Revenue | $386,689 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $342 |
Taxes | $10,328 |
Depreciation | $0 |
Occupancy | $17,400 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $33,715 |
Total operating and administrative expenses | $117,331 |
Contributions, gifts, grants paid | $199,484 |
Total expenses and disbursements | $316,815 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1 |
Savings and temporary cash investments | $245,697 |
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 | $1,008,927 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,376,927 |
Accounts payable and accrued expenses | $14,195 |
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 | $14,195 |
Over the last fiscal year, Reed L Harmon & Nan H Harman Foundation has awarded $199,484 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
COACHELLA VALLEY HIGH SCHOOL PURPOSE: SUPPORT | $100 |
CEDARS SINAI MEDICAL GROUP PURPOSE: SUPPORT | $30,000 |
DESERT COMMUNITY FOUNDATION PURPOSE: SUPPORT | $6,000 |
DESERT SCHOLARSHIP FOUNDATION PURPOSE: SUPPORT | $10,000 |
FRED HUTCH CANCER CENTER PURPOSE: SUPPORT | $10,000 |
FROM PASS THROUGH ENTITIES PURPOSE: SUPPORT | $8 |