Kenneth A Picerne Foundation is located in Newport Beach, CA. The organization was established in 2006. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenneth A Picerne Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Kenneth A Picerne Foundation has awarded 79 individual grants totaling $476,880. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GLOBAL SUSTAINABILITY PROJECT ("GSP") AND THE EDUCATIONAL VISIONS PROGRAM ("EVP") IS EXPANDED WITH A WIDE RANGE OF SCHOOLS, EDUCATORS, HOSPITALS AND RESEARCHERS OVER A BROAD GEOGRAPHIC AREA. THE GSP IS A YEAR LONG PROGRAM FOR HIGH SCHOOL JUNIORS. THE OBJECTIVE IS TO HELP FUTURE LEADERS DEVELOP AN UNDERSTANDING AND LIFE EXPERIENCE WITH ANOTHER CULTURE VERY DIFFERENT THAN THEIR OWN AND TO CONTRIBUTE THEIR SKILLS IN SUSTAINING THEIR ENVIRONMENT, BOTH LOCALLY AND INTERNATIONALLY. THE INITIAL PROJECT FOR THE EVP IS ANTICIPATED TO IDENTIFY SCHOOLS AND HOSPITALS WITH OUTSTANDING EDUCATORS AND RESEARCHERS IN THE AREAS OF SCIENCE (INCLUDING MEDICINE), TECHNOLOGY, ENGINEERING, ART AND MATH ("STEAM"). THE IDEA IS TO WORK ON THE PLANNING AND CONSTRUCTION OF A FACILITY OR BUILDING, AS WELL AS, ASSISTING THE TEACHERS AND DOCTORS WITH ACQUIRING SUPPLIES AND DEVELOPMENT AND EXPANSION OF THE STEAM PROGRAMS AT SCHOOLS AND RESEARCH AT HOSPITALS.
THE SOCIAL ENTREPRENEUR FUND PROVIDES 3-TO-5 YEARS OF SIGNIFICANT FLEXIBLE GENERAL OPERATING SUPPORT TO SOCIAL ENTREPRENEURIAL NONPROFIT ORGANIZATIONS DURING THE GROWTH PHASE OF ORGANIZATIONAL DEVELOPMENT. IN ADDITION, THE FOUNDATION PROVIDES ONGOING COACHING, MANAGEMENT CONSULTATION, ORGANIZATIONAL DEVELOPMENT, ADMINISTRATIVE TRAINING, AND DEVELOPMENT/FUNDRAISING ASSISTANCE. NONPROFITS, AND ENTREPRENEURIAL NONPROFIT LEADERS, CHOSEN FOR THE SOCIAL ENTREPRENEUR FUND HAVE A TRACK RECORD OF DEMONSTRATED SUCCESS AND HIGH POTENTIAL FOR GROWTH AND SOCIAL IMPACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Victor D Nelson Executive Director | 40 | $178,058 | |
Kenneth A Picerne President & Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $0 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $178,658 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $15,863 |
Interest | $0 |
Taxes | $10 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $662 |
Printing and publications | $0 |
Other expenses | $323,941 |
Total operating and administrative expenses | $771,718 |
Contributions, gifts, grants paid | $115,000 |
Total expenses and disbursements | $886,718 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,596 |
Savings and temporary cash investments | $0 |
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 | $0 |
Other assets | $0 |
Total assets | $29,050,063 |
Accounts payable and accrued expenses | $19,275 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $3,537,065 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,556,340 |
Over the last fiscal year, Kenneth A Picerne Foundation has awarded $115,000 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
LOMITA KIWANIS FOUNDATION PURPOSE: TO SPONSOR YOUTH CLUBS THAT PROVIDE LEADERSHIP AND SERVICE OPPORTUNITIES | $25,000 |
Los Angeles, CA PURPOSE: TO PROMOTE UNDERSTANDING AND APPRECIATION OF AMERICA'S ETHNIC AND CULTURAL DIVERSITY BY SHARING THE JAPANESE AMERICAN EXPERIENCE | $25,000 |
Lomita, CA PURPOSE: TO SUPPORT SENIORS PROJECT | $23,000 |
Los Angeles, CA PURPOSE: TO SUPPORT LOS ANGELES COUNTY FIRE DEPARTMENT AND PROVIDE COMMUNITY EDUCATION | $20,000 |
STARS AND STRIPES CHILDREN'S FOUNDATION PURPOSE: TO SUPPORT BIG BROTHERS PROGRAM | $10,000 |
CERRITOS CENTER FOR THE PERFORMING ARTS PURPOSE: TO SUPPORT PERFORMING ARTS | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |