Owl Foundation is located in Irvine, CA. The organization was established in 2007. 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. Owl 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, Owl Foundation generated $258.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $116.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Owl Foundation has awarded 52 individual grants totaling $889,830. 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
NONE
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $100,000 |
Interest on Savings | $5,961 |
Dividends & Interest | $109,397 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $43,112 |
Capital Gain Net Income | $43,112 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $258,470 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,500 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $100 |
Total operating and administrative expenses | $20,751 |
Contributions, gifts, grants paid | $95,280 |
Total expenses and disbursements | $116,031 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $796,307 |
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 | $273,273 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,214,902 |
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 |
Over the last fiscal year, Owl Foundation has awarded $95,280 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
HAWAII LAND TRUST PURPOSE: GENERAL OPERATIONS | $250 |
TROUT UNLIMITED PURPOSE: CONSERVATION OF HABITATS FOR AQUATIC SPECIES | $45,000 |
UNITED WAY - ORANGE COUNTY PURPOSE: FOCUS ON HEALTH AND HUMAN SERVICE NEEDS IN THE COUNTY | $30 |
NATIONAL DEFENSE UNIVERSITY FOUNDATION PURPOSE: SUPPORT NATION'S NATIONAL SECURITY | $50,000 |