Henry T And Elizabeth Segerstrom Charitable Foundation
- Assets
- $17.1m
- Revenue
- $5.0m
- Investments
- $7.0m
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2574780
Organization Overview
Henry T And Elizabeth Segerstrom Charitable Foundation is located in Costa Mesa, CA. The organization was established in 2015. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry T And Elizabeth Segerstrom Charitable 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, Henry T And Elizabeth Segerstrom Charitable Foundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 74.7% each year . All expenses for the organization totaled $622.9k during the year ending 12/2021. While expenses have increased by 43.7% 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 2017, Henry T And Elizabeth Segerstrom Charitable Foundation has awarded 23 individual grants totaling $3,180,000. 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 |
|---|---|---|---|
Jennifer Jordan Mccall Trustee | 1 | $0 | |
Elizabeth Segerstrom Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,480,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $121,630 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $363,469 |
| Capital Gain Net Income | $365,115 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,965,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $147,183 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,321 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,874 |
| Total operating and administrative expenses | $272,908 |
| Contributions, gifts, grants paid | $350,000 |
| Total expenses and disbursements | $622,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,998,961 |
| 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 | $7,041,413 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,146 |
| Total assets | $17,051,520 |
| Accounts payable and accrued expenses | $10,153 |
| 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 | $10,285 |
| Total liabilities | $20,438 |
Grants Awarded
Over the last fiscal year, Henry T And Elizabeth Segerstrom Charitable Foundation has awarded $350,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $200,000 |
PHILHARMONIC SOCIETY OF OC PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Hills Memorial Park Endowment Care Trust Fund Rancho Palos Verdes, CA | $83,462,233 | $9,095,852 |
Reno-Tahoe Open Foundation Reno, NV | $100,630 | $4,549,050 |
Valley Of The Sun Bowl Foundation Scottsdale, AZ | $1,083,776 | $4,579,117 |
Outward Bound California San Francisco, CA | $5,260,897 | $5,231,373 |
Los Angeles Parks Foundation Los Angeles, CA | $6,042,813 | $2,779,556 |
The Scga Foundation Studio City, CA | $5,068,543 | $2,522,992 |
Truckee Meadows Parks Foundation Reno, NV | $433,381 | $1,831,292 |
Youth Tennis San Diego San Diego, CA | $3,088,296 | $1,446,054 |
Elings Park Foundation Santa Barbara, CA | $8,528,099 | $3,756,645 |
Vegas Jr Golden Knights Foundation Inc Las Vegas, NV | $277,565 | $1,461,319 |
Kukuiolono Park Trust Estate Honolulu, HI | $5,322,093 | $1,327,983 |
Death Valley Conservancy Pasadena, CA | $30,770,823 | $2,218,729 |