The Meredith And Rosemary Willson Charitable Foundation
- Assets
- $77.8m
- Revenue
- $12.7m
- Investments
- $64.4m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2013
- Data as of
- 12/2022
- EIN
- 46-1015108
Organization Overview
The Meredith And Rosemary Willson Charitable Foundation is located in Los Angeles, CA. The organization was established in 2013. 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. Meredith And Rosemary Willson 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 12/2022, Meredith And Rosemary Willson Charitable Foundation generated $12.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $5.2m during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 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, Meredith And Rosemary Willson Charitable Foundation has awarded 277 individual grants totaling $22,665,004. 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.
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 |
|---|---|---|---|
Tom Camp President/director | 4 | $15,000 | |
Al Pivo VP & Cfo/director | 4 | $15,000 | |
Laura Zucker Secretary/director | 3 | $13,000 | |
Larry W Swanson Director | 3 | $13,000 | |
Sarah Lyding Executive Director | 40 | $217,946 | |
Kathryn D Mackenzie Program Officer | 40 | $98,316 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gang Tyre Ramer Brown & Passman Inc | 12/30/22 | $602,105 |
Cohen Pivo & Co Cpa's | 12/30/22 | $601,827 |
Genevieve Haines & Company | 12/30/22 | $70,932 |
City National Securities | 12/30/22 | $81,993 |
Westmount Asset Management | 12/30/22 | $82,660 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,256,687 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $371,249 |
| Capital Gain Net Income | $371,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,112,766 |
| Total Revenue | $12,740,702 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,000 |
| Other employee salaries and wages | $359,732 |
| Pension plans, employee benefits | $22,876 |
| Interest | $0 |
| Taxes | $292,695 |
| Depreciation | $1,160 |
| Occupancy | $8,600 |
| Travel, conferences, and meetings | $17,830 |
| Printing and publications | $0 |
| Other expenses | $72,530 |
| Total operating and administrative expenses | $2,311,218 |
| Contributions, gifts, grants paid | $2,909,148 |
| Total expenses and disbursements | $5,220,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,338,681 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $49,000 |
| 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 | $64,377,065 |
| Net Land, buildings, and equipment | $3,695 |
| Other assets | $12,026,625 |
| Total assets | $77,795,066 |
| 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, The Meredith And Rosemary Willson Charitable Foundation has awarded $2,909,148 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
MASON CITY FOUNDATION PURPOSE: CAPITAL IMPROVEMENTS | $135,000 |
MASON CITY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $1,025 |
ARTS IGNITE PURPOSE: ARTSINSIDEOUT | $20,000 |
EDUCATION THROUGH MUSIC COLORADO PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
EDUCATION THROUGH MUSIC MASSACHUSETTS PURPOSE: GENERAL OPERATING SUPPORT | $80,000 |
EDUCATION THROUGH MUSIC-LOS ANGELES INC PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |