Yardi Foundation
- Assets
- $37.1m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 02/2014
- Data as of
- 12/2023
- EIN
- 46-4356177
Organization Overview
Yardi Foundation is located in Santa Barbara, CA. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Yardi 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, Yardi Foundation generated $2.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $6.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yardi Foundation has awarded 218 individual grants totaling $19,802,864. 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 |
|---|---|---|---|
Anant Yardi Director And President/ceo | 0.5 | $0 | |
Jason Yardi Director And Treasurer/cfo | 0.5 | $0 | |
Arnold Brier Director And Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $773,636 |
| 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 | $2,773,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,621 |
| Contributions, gifts, grants paid | $6,462,764 |
| Total expenses and disbursements | $6,472,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,974,431 |
| 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 | $88,098 |
| Total assets | $37,062,529 |
| Accounts payable and accrued expenses | $9,621 |
| 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 | $9,621 |
Grants Awarded
Over the last fiscal year, Yardi Foundation has awarded $6,462,764 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CAL STATE FULLERTON PHILANTHROPIC FOUNDATION PURPOSE: SUPPORT FOR EDUCATION. | $80,000 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: SUPPORT FOR EDUCATION. | $84,211 |
FARMINGDALE COLLEGE FOUNDATION PURPOSE: SUPPORT FOR EDUCATION. | $80,000 |
NCSU FOUNDATION POOLE COLLEGE OF MANAGEMENT PURPOSE: SUPPORT FOR EDUCATION. | $85,107 |
NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION PURPOSE: SUPPORT FOR EDUCATION. | $100,000 |
MOREHOUSE COLLEGE PURPOSE: SUPPORT FOR EDUCATION. | $120,000 |