V & L London Family Foundation
- Assets
- $563.9k
- Revenue
- $102.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-1346258
Organization Overview
V & L London Family Foundation is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. V & L London Family 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 12/2021, V & L London Family Foundation generated $102.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $108.9k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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, V & L London Family Foundation has awarded 63 individual grants totaling $760,713. 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 |
|---|---|---|---|
Larry London CEO & President | 0 | $0 | |
Vicki London Secretary | 0 | $0 | |
Eric London Vice President | 0 | $0 | |
Brandon London Vice President | 0 | $0 | |
Tyrone London CFO & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $1,580 |
| 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 | $1,216 |
| Total Revenue | $102,796 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $184 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $178 |
| Total operating and administrative expenses | $1,337 |
| Contributions, gifts, grants paid | $107,574 |
| Total expenses and disbursements | $108,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $563,923 |
| 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 | $563,923 |
| 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, V & L London Family Foundation has awarded $107,574 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHRYSALIS PURPOSE: GIFT | $25,000 |
WESTWOOD UNITED METHODIST PURPOSE: GIFT | $22,000 |
IN TOUCH MINISTRIES PURPOSE: GIFT | $15,000 |
OTHER UNDER 5000 PURPOSE: GIFT | $13,574 |
Diamond Bar, CA PURPOSE: GIFT | $10,000 |
BOYS TOWN PURPOSE: GIFT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edward Charles Foundation Beverly Hills, CA | $22,160,900 | $41,333,882 |
Asu Research Enterprise Tempe, AZ | $25,129,055 | $57,628,345 |
Sheryl Sandberg & Dave Goldberg Family Foundation Palo Alto, CA | $7,237,479 | $10,073,242 |
Bi-Bett Walnut Creek, CA | $8,734,847 | $8,886,262 |
California Foundation For Independent Living Centers Sacramento, CA | $3,702,594 | $8,030,349 |
Community Access Network Non Profit Corporation Corona, CA | $7,199,298 | $6,228,219 |
Elder Care Alliance Alameda, CA | $36,709,405 | $4,507,097 |
Los Angeles Police Foundation Los Angeles, CA | $14,536,566 | $5,939,965 |
Our Little Helpers Inc Los Angeles, CA | $244,623 | $3,613,015 |
Arsolas Distribution Center And Community Services Oakland, CA | $0 | $4,046,289 |
Clatsop Community Action Astoria, OR | $4,439,328 | $4,346,082 |
Varsity Team Inc San Diego, CA | $1,446,243 | $4,030,641 |