Bellosguardo Foundation Inc is located in Santa Barbara, CA. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Bellosguardo 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 06/2021, Bellosguardo Foundation Inc generated $33.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.3%) each year. All expenses for the organization totaled $758.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
ENTITY FORMED TO RECEIVE THE HUGUETTE CLARK ESTATE ASSETS, TO BE OPERATED AS A COMMUNITY CENTER TO PROMOTE THE ARTS. CURRENT YEAR ACTIVITIES ARE COMMUNITY OUTREACH AND DONOR DEVELOPMENT, MONITOR ESTATE PROCEEDINGS AND OPERATE AND MAINTAIN THE FACILITY FOR PUBLIC FUNCTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy Lindaman President | 40 | $140,000 | |
Theodore Sodomka Grounds Supervisor | 40 | $57,354 | |
Mario Dacunha House Supervisor | 40 | $53,865 | |
Sandi Nicholson Secretary | 2 | $0 | |
Jack Overall Treasurer | 2 | $0 | |
Stephen Clark Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $31,850 |
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 | $1,500 |
Total Revenue | $33,350 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $140,000 |
Other employee salaries and wages | $166,205 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $45,940 |
Depreciation | $4,152 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $395,324 |
Total operating and administrative expenses | $758,572 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $758,572 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,426,317 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $2,423,760 |
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 | $337,219 |
Other assets | $91,195,775 |
Total assets | $96,383,071 |
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 | $184,839 |
Total liabilities | $184,839 |
Over the last fiscal year, we have identified 1 grants that Bellosguardo Foundation Inc has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
W M Keck Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF CHARITABLE PURPOSES | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |