Lester Napier Foundation Inc
- Assets
- $16.5k
- Revenue
- $270.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 47-1573526
Organization Overview
Lester Napier Foundation Inc is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lester Napier Foundation Inc 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, Lester Napier Foundation Inc generated $270.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $275.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lester Napier Foundation Inc has awarded 179 individual grants totaling $2,085,813. 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 B Alexander Director | 0 | $0 | |
Susan S Channing Director | 0 | $0 | |
Maggie Wilde Director | 40 | $60,000 | |
Carl Palazollo Director | 0 | $0 | |
Ernest Johns Assistant Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $270,000 |
| Interest on Savings | $0 |
| 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 | $270,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,716 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $889 |
| Total operating and administrative expenses | $66,503 |
| Contributions, gifts, grants paid | $209,000 |
| Total expenses and disbursements | $275,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,534 |
| 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 | $16,534 |
| 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, Lester Napier Foundation Inc has awarded $209,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
UNDIES FOR EVERYONE PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $10,000 |
WORLD CENTRAL KITCHEN PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $30,000 |
ADOPT A FAMILY OF THE PALM BEACHES PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $7,000 |
ALZEIMER'S COMMUNITY CARE PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $7,000 |
BATH AREA FOOD BANK PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $10,000 |
CANCER ALLIANCE OF HELP AND HOPE INC PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $7,000 |