Berggruen Institute
- Assets
- $7.4m
- Revenue
- $16.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Los Angeles, CA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-5602320
Organization Overview
Berggruen Institute is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, Berggruen Institute employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berggruen Institute 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, Berggruen Institute generated $16.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $18.9m during the year ending 12/2022. While expenses have increased by 24.9% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BERGGRUEN INSTITUTE IS DEDICATED TO THE DESIGN AND IMPLEMENTATIONOF NEW IDEAS OF GOOD GOVERNANCE - DRAWING FROM BEST PRACTICES IN BOTHEAST AND WEST - THAT CAN ADDRESS THE COMMON CHALLENGES OFGLOBALIZATION IN THE 21ST CENTURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAMS
BERGGRUEN PHILOSOPHY AND CULTURE CENTER CONDUCTS COMPARATIVE STUDIES OFDIFFERENT PHILOSOPHICAL TRADITIONS THROUGH PARTNERSHIPS AT VARIOUSACADEMIC INSTITUTIONS INCLUDING STANFORD UNIVERSITY, HARVARDUNIVERSITY, OXFORD UNIVERSITY, NEW YORK UNIVERSITY, TSINGHUA UNIVERSITYAND PEKING UNIVERSITY, WE HELD BRAINSTORMING WORKSHOPS WITH LEADINGTHINKERS ACROSS A RANGE OF DISCIPLINES AT HARVARD, NYU, AND USC TOIDENTIFY THE THEMES AND STRUCTURE OF THE CENTER AS WELL AS TO ESTABLISHPARTNERS.THE BERGGRUEN PRIZE WAS ESTABLISHED IN TAX YEAR 2016 - AIMS TORECOGNIZE ONE LEADING THINKER, WHOSE LIFEB
BI-CHINA CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Nakagawa Vice President | 40 | $264,942 | |
Nicolas Berggruen Chairman | 0 | $0 | |
Jared Bluestein Secretary | 0 | $0 | |
Mary Klein Treasurer | 0 | $0 | |
Shaukat Aziz Director | 0 | $0 | |
Arianna Huffington Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Noe & Associates | 12/30/22 | $143,833 |
Tres La Holdings Llc | 12/30/22 | $131,832 |
Benjamin H Bratton | 12/30/22 | $125,000 |
Terri Armitage | 12/30/22 | $122,767 |
Stamen Design Llc | 12/30/22 | $142,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,634,599 |
| Interest on Savings | $1,121 |
| 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 | $16,635,720 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $264,942 |
| Other employee salaries and wages | $3,268,173 |
| Pension plans, employee benefits | $348,924 |
| Interest | $1,200 |
| Taxes | $258,144 |
| Depreciation | $166,841 |
| Occupancy | $609,071 |
| Travel, conferences, and meetings | $880,244 |
| Printing and publications | $0 |
| Other expenses | $12,825,736 |
| Total operating and administrative expenses | $18,889,571 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,889,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,453,569 |
| 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 | $274,428 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $5,660,210 |
| Other assets | $56,629 |
| Total assets | $7,444,836 |
| Accounts payable and accrued expenses | $2,214,340 |
| 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 | $350,018 |
| Total liabilities | $2,564,358 |
Grants Awarded
Over the last fiscal year, Berggruen Institute has awarded $1,547,602 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD UNIVERSITY PURPOSE: HARVARD ETHICS | $335,000 |
NEW YORK UNIVERSITY PURPOSE: NYU AY2018-19 RESEARCH FUND | $225,000 |
NYU PURPOSE: FOR NYU-CILVR LAB FOR AY 2018-19 | $78,702 |
PEKING UNI EDUC FOUND PURPOSE: BEIDA-PKUEF $25.5MM | $250,000 |
STANFORD UNIVERSITY PURPOSE: BI FELLOWSHIP AY 2018-19 | $315,352 |
UCLA FOUNDATION PURPOSE: FOR LUSKIN SCHOOL OF PUBLIC AFFAIRS | $79,952 |