Orange County Endowment For Intellectual Advancement
- Assets
- $227.0
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Laguna Beach, CA
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 47-3635822
Organization Overview
Orange County Endowment For Intellectual Advancement is located in Laguna Beach, 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. Orange County Endowment For Intellectual Advancement is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY MISSION OF THE TRUST IS TO PROMOTE INTELLECTUAL ADVANCEMENT IN ORANGE COUNTY, CALIFORNIA. IT WILL CARRY OUT THIS MISSION BY ASSEMBLING PROMINENT PHILANTHROPISTS, ENVIRONMENTALISTS, SCIENTISTS, TECHNOLOGISTS, ARTISTS, WRITERS AND OTHERS IN FORUMS FOR STIMULATING DIALOGUE AND THE EXCHANGE OF INNOVATIVE IDEAS, MANY OF WHICH MAY HAVE THE POTENTIAL CHANGING ATTITUDES, AND POSSIBLY CHANGING LIVES. EXAMPLES OF TOPIC AREAS THAT MIGHT BE CONDUCTED INCLUDE: (A) STRATEGIES FOR LEADERS IN HIGHER EDUCATION IN THE CHALLENGING NEW ENVIRONMENT, (B) PUBLIC POLICY ISSUES; LOCAL, NATIONAL AND INTERNATIONAL, (C) GLOBAL ECONOMIC AND GEOPOLITICAL DEVELOPING CHALLENGES, (D) PUBLIC HEALTH STRATEGIES AND (E) EMERGING ISSUES IN THE ARTS. THE TRUST INTENDS TO FUND THE PUBLICATION OF RESEARCH SPONSORED BY THE TRUST AND/OR THOUGHT LEADER FORUMS CONDUCTED BY IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cancelleri Trustee | 1 | $0 | |
Michael Kaye Trustee | 1 | $0 | |
Carl Mclarand Trustee | 1 | $0 | |
Mark Tomaino Trustee | 1 | $0 | |
Twyla Martin President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| 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 | $2,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,975 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227 |
| 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 | $227 |
| 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 |