Arnold J Kirschenbaum Charitable Foundation
- Assets
- $988.8k
- Revenue
- $291.1k
- Investments
- $447.6k
- Employees
- 0
- Location
- Lake Forest, CA
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 43-1989311
Organization Overview
Arnold J Kirschenbaum Charitable Foundation is located in Lake Forest, CA. The organization was established in 2004. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Arnold J Kirschenbaum Charitable 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 12/2023, Arnold J Kirschenbaum Charitable Foundation generated $291.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $75.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Arnold J Kirschenbaum Charitable Foundation has awarded 21 individual grants totaling $152,329. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP CHILDREN IN NEED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnold J Kirschenbaum President | 1 | $0 | |
Kevin Elliot Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $230,000 |
| Interest on Savings | $6,999 |
| Dividends & Interest | $16,505 |
| Net Rental Income | $29,434 |
| Net Gain on Sale of Assets | $1,627 |
| Capital Gain Net Income | $1,627 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $291,131 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,316 |
| Depreciation | $6,566 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,924 |
| Contributions, gifts, grants paid | $61,168 |
| Total expenses and disbursements | $75,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,024 |
| Savings and temporary cash investments | $3,422 |
| 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 | $405,728 |
| Other assets | $0 |
| Total assets | $988,798 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Arnold J Kirschenbaum Charitable Foundation has awarded $61,168 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ROTARY CLUB OF PALM DESERT PURPOSE: TO SUPPORT EDUCATION | $7,000 |
DR CARREON FOUNDATION PURPOSE: TO PROVIDE SCHOLARSHIPS | $6,000 |
OLIVE CREST PURPOSE: TO PROVIDE SUPPORT TO CHILDREN | $6,000 |
BETA FOSTER CARE PURPOSE: TO SUPPORT CHILDREN | $12,700 |
MARINERS CHURCH FOSTER AND YOUTH PURPOSE: SUPPORT FOSTER CARE PROGRAM | $5,000 |
RIVERSIDE COUNTY FIRE DEPARTMENT PURPOSE: TO PROVIDE CHRISTMAS GIFT FOR CHILDR | $2,000 |