Shurl And Kay Curci Foundation
- Assets
- $104.2m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 06/2016
- Data as of
- 02/2024
- EIN
- 35-2554499
Organization Overview
Shurl And Kay Curci Foundation is located in Torrance, CA. The organization was established in 2016. 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. Shurl And Kay Curci 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 02/2024, Shurl And Kay Curci Foundation generated $7.0m 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 (9.4%) each year. All expenses for the organization totaled $12.7m during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Shurl And Kay Curci Foundation has awarded 145 individual grants totaling $29,061,334. 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 |
|---|---|---|---|
Ronald V Rosequist Pres / Director | 16 | $100,000 | |
E Davisson Hardman Treas/director | 8 | $0 | |
Kay Curci Director | 0 | $0 | |
James G Mitchell Director | 7 | $0 | |
Amy E Fuermann Secretary | 25 | $35,000 | |
Robert Tjian Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,500,000 |
| Interest on Savings | $7,393 |
| Dividends & Interest | $1,011,451 |
| Net Rental Income | $400,000 |
| Net Gain on Sale of Assets | -$3,933,449 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193 |
| Total Revenue | $6,985,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $260,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $74,106 |
| Printing and publications | $0 |
| Other expenses | $517,876 |
| Total operating and administrative expenses | $1,157,349 |
| Contributions, gifts, grants paid | $11,494,657 |
| Total expenses and disbursements | $12,652,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,565,164 |
| Net Accounts receivable | $277,855 |
| 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 | $47,255 |
| Net Investments - land, buildings, equipment | $7,282,690 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $104,172,964 |
| Accounts payable and accrued expenses | $28,840 |
| Grants payable | $0 |
| Deferred revenue | $8,947,161 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,976,001 |
Grants Awarded
Over the last fiscal year, Shurl And Kay Curci Foundation has awarded $11,494,657 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
UC BERKELEY FOUNDATION PURPOSE: SUPPORT FOR THE INNOVATIVE GENOMICS INITIATIVE SCHOLARS PROGRAM FOR LIFE SCIENCE RESEARCH | $25,000 |
THE REGENTS OF THE UNIVERSITY OF CA PURPOSE: SUPPORT RESEARCH ON GENETICALLY TARGETED BIOELECTONICS TO MAP BRAIN-BODY PATHWAYS | $250,000 |
THE REGENTS OF THE UNIVERSITY OF CA PURPOSE: SUPPORT RESEARCH ON DOPAMINERGIC MODULATION OF SYNAPTIC PLASTICITY FOR DYNAMIC SPATIAL LEARNING | $250,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: SUPPORT RESERCH ON DARK PROTEOME-MEDIATED TRANSCRIPTIONAL CONTROL AT SINGLE-MOLECULE RESOLUTION | $250,000 |
THE REGENTS OF THE UNIVERSITY OF CA PURPOSE: SUPPORT RESEARCH ON INVESTIGATING CONTROL MECHANISMS THAT PROTECT NEURONS FROM TOO MUCH PRESSURE. | $243,115 |
THE REGENTS OF THE UNIVERSITY OF CA PURPOSE: SUPPORT RESEARCH ON MASSIVELY PARALLEL PROFILING OF THE SYNAPTOME AND CELL IDENTITY | $121,000 |