Adrian Family Foundation
- Assets
- $4.5m
- Revenue
- $133.4k
- Investments
- $4.4m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 33-0783199
Organization Overview
Adrian Family Foundation is located in Santa Barbara, CA. The organization was established in 1998. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adrian 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 12/2022, Adrian Family Foundation generated $133.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $537.1k during the year ending 12/2022. While expenses have increased by 7.8% 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 2015, Adrian Family Foundation has awarded 39 individual grants totaling $1,680,862. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVOLVING LOAN FUND (RLF) PROGRAM: SEE STATEMENT A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Adrian President | 5 | $0 | |
Gina Giannetto Secretary/treasurer | 10 | $0 | |
Shirley Kovar Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,658 |
| Dividends & Interest | $91,219 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,570 |
| Capital Gain Net Income | $10,570 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $133,447 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $19,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,956 |
| Depreciation | $0 |
| Occupancy | $4,400 |
| Travel, conferences, and meetings | $5,398 |
| Printing and publications | $0 |
| Other expenses | $12,565 |
| Total operating and administrative expenses | $115,912 |
| Contributions, gifts, grants paid | $421,200 |
| Total expenses and disbursements | $537,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,805 |
| 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 | $326,383 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,477,732 |
| 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 | $10,000 |
| Total liabilities | $10,000 |
Grants Awarded
Over the last fiscal year, Adrian Family Foundation has awarded $421,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DIRECT RELIEF PURPOSE: ENVIRONMENTAL DISASTER (FIRE, FLOOD) RESPONSE | $40,000 |
EQUAL JUSTICE INITIATIVE PURPOSE: SOCIAL JUSTICE/EQUITY | $25,000 |
FLORESTA INC RD PURPOSE: AGRICULTURE EDUCATION/RURAL FARMING COMMUNITIES | $31,200 |
ISLAMIC RELIEF USA PURPOSE: GLOBAL DISASTER RELIEF | $50,000 |
PEOPLE ADVANCING REINTEGRATION PURPOSE: SOCIAL JUSTICE/EQUITY EMPLOYMENT PROCUREMENT ASSISTANCE, JOB TRAINING | $20,000 |
SEVEN SISTERS INTERNATIONAL PURPOSE: WOMEN'S EDUCATION | $60,000 |