Henry T And Elizabeth Segerstrom Charitable Foundation
- Assets
- $19.4m
- Revenue
- $5.9m
- Investments
- $5.9m
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 06/2015
- Data as of
- 12/2022
- 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 12/2022, Henry T And Elizabeth Segerstrom Charitable Foundation generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year.
Since 2017, Henry T And Elizabeth Segerstrom Charitable Foundation has awarded 29 individual grants totaling $4,090,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
"REUNITED IN DANCE" BROUGHT TOGETHER MULTIPLE ARTISTS WHO DANCED WITH RUSSIA'S MOST ELITE COMPANIES, SUCH AS THE BOLSHOI AND MARIINSKY BALLETS AND STANISLAVSKY THEATRE, BEFORE FLEEING THE COUNTRY IN RESPONSE TO RUSSIA'S WAR AGAINST UKRAINE. THESE ARTISTS WERE "REUNITED" IN SOUTHERN CALIFORNIA TO BRING A RE-IMAGINED FLOWERING OF ONE OF THE GREATEST ASSETS OF WORLD CULTURE: RUSSIAN BALLET. THE PROGRAM WAS UNDER THE ARTISTIC DIRECTION OF BRITISH DANCER XANDER PARISH, FORMER PRINCIPAL DANCER AT THE MARIINSKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Segerstrom Trustee | 1 | $0 | |
Jennifer Jordan Mccall Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,025,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $221,033 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$357,419 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,060 |
| Total Revenue | $5,912,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $19,672 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,313 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,440,031 |
| Total operating and administrative expenses | $1,579,902 |
| Contributions, gifts, grants paid | $910,000 |
| Total expenses and disbursements | $2,489,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,435,535 |
| 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 | $5,911,346 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,076 |
| Total assets | $19,373,957 |
| Accounts payable and accrued expenses | $73,240 |
| 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 | $73,240 |
Grants Awarded
Over the last fiscal year, Henry T And Elizabeth Segerstrom Charitable Foundation has awarded $910,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CARNEGIE HALL CORPORATION PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $100,000 |
LOS ANGELES OPERA PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $150,000 |
PHILHARMONIC SOCIETY OF OC PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $160,000 |
SEGERSTROM CENTER FOR THE ARTS PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $250,000 |
THE KENNEDY CENTER PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $50,000 |
TURNAROUND ARTS CALIFORNIA PURPOSE: SUPPORT FOR ARTISTRY PROGRAMS | $200,000 |