Chortek Weisman Family Foundation
- Assets
- $4.1m
- Revenue
- $168.3k
- Investments
- $381.9k
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 01/1998
- Data as of
- 06/2021
- EIN
- 33-0766395
Organization Overview
Chortek Weisman Family Foundation is located in San Diego, CA. The organization was established in 1998. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Chortek Weisman Family 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 06/2021, Chortek Weisman Family Foundation generated $168.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $201.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chortek Weisman Family Foundation has awarded 44 individual grants totaling $1,410,485. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT OR SUPPORT ACTIVITIES FOR THE BENEFIT OF THE JEWISH COMMUNITY FOUNDATION OF SAN DIEGO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF CONTRIBUTIONS TO RELIGIOUS, CHARITABLE, AND EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Chortek President | OfficerTrustee | 1 | $0 |
Robert Chortek Vice President | OfficerTrustee | 1 | $0 |
Beth Sirull Chief Financial Officer | OfficerTrustee | 1 | $0 |
Susan Chortek-Weisman Secretary | OfficerTrustee | 1 | $0 |
Andrew Viterbi Director | Trustee | 1 | $0 |
Ann Jaffe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $80,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $0 |
| Investment income | $54,281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,983 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $168,264 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $164,322 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,064 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $33,301 |
| Total functional expenses | $201,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,531 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,732,864 |
| Investments—other securities | $381,875 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,127,270 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $4,127,270 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,127,270 |
Grants Awarded
Over the last fiscal year, Chortek Weisman Family Foundation has awarded $154,322 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: GENERAL | $69,414 |
La Jolla, CA PURPOSE: GENERAL | $55,000 |
San Diego, CA PURPOSE: GENERAL | $15,000 |
San Diego, CA PURPOSE: GENERAL | $14,908 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chortek Weisman Family Foundation has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Jewish Community Foundation Of San Diego San Diego, CA PURPOSE: GENERAL | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Jewish Community Foundation Berkeley, CA | $0 | $31,858 |
Kataly Foundation San Francisco, CA | $408,915,933 | $67,773,441 |
The Skoll Fund Mountain View, CA | $894,684,857 | $96,699,445 |
Campus Facilities Improvement Association San Francisco, CA | $426,351,134 | $28,084,367 |
The Fuller Foundation Pasadena, CA | $257,941,250 | $19,125,152 |
Visionfund International Monrovia, CA | $247,513,230 | $28,379,048 |
Ocf Joseph E Weston Public Foundation Portland, OR | $550,802,794 | $13,792,655 |
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |