Monimos Foundation
- Assets
- $34.7m
- Revenue
- $1.3m
- Investments
- $19.6m
- Employees
- 0
- Location
- Ojai, CA
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-5060366
Organization Overview
Monimos Foundation is located in Ojai, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Monimos 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, Monimos Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (42.0%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Monimos Foundation has awarded 154 individual grants totaling $12,977,638. 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 |
|---|---|---|---|
Neil Kreitman President | 40 | $120,000 | |
Richard E Marcus Secretary | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mechanics Bank Rabobank | 12/30/19 | $87,294 |
Goren Marcus Masino & Marsh | 12/30/19 | $57,695 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86,625 |
| Dividends & Interest | $265,992 |
| Net Rental Income | -$2,128 |
| Net Gain on Sale of Assets | $736,414 |
| Capital Gain Net Income | $736,414 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,260,742 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,939 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,499 |
| Depreciation | $95,574 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $171,338 |
| Total operating and administrative expenses | $437,952 |
| Contributions, gifts, grants paid | $2,270,549 |
| Total expenses and disbursements | $2,708,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,921 |
| 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 | $34,033 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,003,994 |
| Net Land, buildings, and equipment | $4,059,255 |
| Other assets | $10,876,035 |
| Total assets | $34,734,518 |
| 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 | $27,510 |
| Total liabilities | $27,510 |
Grants Awarded
Over the last fiscal year, Monimos Foundation has awarded $2,270,549 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Ojai, CA PURPOSE: TO HELP GROW ITS ACTIVITIES. MONIMOS ART FOUNDATION OPERATES AS A MUSEUM SHOWCASING WORKS OF ART. | $1,772,000 |
Ojai, CA PURPOSE: TO HELP GROW ITS ACTIVITIES. MONIMOS ART FOUNDATION OPERATES AS A MUSEUM SHOWCASING WORKS OF ART. | $143,139 |
Los Angeles, CA PURPOSE: CONTRIBUTION TOWARDS THE COMPANY'S OPERATING EXPENSES AND PRODUCTION COSTS AHEAD OF THE SUMMER SEASON OF FREE SHAKESPEARE PLAYS IN GRIFFITH PARK, LOS ANGELES. | $50,000 |
New York, NY PURPOSE: A SUBVENTION FOR THE PUBLICATION OF THE ASHMOLEAN MUSEUM SCHOLARLY CATALOG; THE ARTS OF INDIA AND BEYOND | $37,000 |
DOCTORS WITHOUT BORDERS PURPOSE: FOR ITS ONGOING WORK BRINGING MEDICAL ASSISTANCE TO THE INJURED AND SICK IN THE WORLD'S CONFLICT ZONES. | $30,000 |
Lake Success, NY PURPOSE: FUNDING FOR THE COMMITTEE'S EDUCATIONAL PROGRAM TO PROMOTE A FUNCTIONAL REGULATORYSTRUCTURE FOR THE FOSTERING OF THE LAWFUL COLLECTING, EXHIBITING AND SALE OF CULTURAL PROPERTYAND TO RAISE PUBLIC AWARENESS OF THE BENEFITS OF SUCH A STRUCTURE. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monimos Foundation has recieved totaling $87,700.
| Awarding Organization | Amount |
|---|---|
Frederick Hammersley Foundation Corrales, NM PURPOSE: TO MAKE HAMMERSLEYS WORK ACCESSIBLE TO GENERAL PUBLIC | $87,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |