Windsong Tr
- Assets
- $426.5m
- Revenue
- $49.2m
- Investments
- $420.7m
- Employees
- 0
- Location
- Manhattan Beach, CA
- Founding
- 09/2004
- Data as of
- 12/2021
- EIN
- 56-2461733
Organization Overview
Windsong Tr is located in Manhattan Beach, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Windsong Tr 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, Windsong Tr generated $49.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $28.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Windsong Tr has awarded 622 individual grants totaling $186,359,028. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gigi Osco-Bingemann Co-Trustee | 40 | $685,005 | |
Vadim Fridman Co-Trustee | 40 | $685,005 | |
Janet Dempsey Executive Assistant | 40 | $68,704 | |
Bonnie M Myers Executive Assistant | 40 | $52,281 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services | 12/30/21 | $966,797 |
Rovenger Law Group Llp | 12/30/21 | $146,844 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,010,583 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,179,549 |
| Capital Gain Net Income | $20,179,549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,190,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,375,722 |
| Other employee salaries and wages | $122,770 |
| Pension plans, employee benefits | $224,102 |
| Interest | $0 |
| Taxes | $644,953 |
| Depreciation | $75,539 |
| Occupancy | $56,013 |
| Travel, conferences, and meetings | $8,052 |
| Printing and publications | $0 |
| Other expenses | $46,627 |
| Total operating and administrative expenses | $5,366,479 |
| Contributions, gifts, grants paid | $23,100,803 |
| Total expenses and disbursements | $28,467,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,903,398 |
| 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 | $420,680,631 |
| Net Land, buildings, and equipment | $2,831,984 |
| Other assets | $118,413 |
| Total assets | $426,534,426 |
| 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 | $407,842 |
| Total liabilities | $407,842 |
Grants Awarded
Over the last fiscal year, Windsong Tr has awarded $23,100,803 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
KHAN ACADEMY PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $1,500,000 |
Redondo Beach, CA PURPOSE: CULINARY ARTS EDUCATION ACADEMY AT THE FRIENDSHIP CAMPUS | $1,000,000 |
WINDSONG INTERNATIONAL FOUNDATION PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $940,000 |
TEACH FOR AMERICA LAS VEGAS PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $850,000 |
Las Vegas, NV PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $800,000 |
San Pedro, CA PURPOSE: COLLEGE BOUND AND CAREER BOUND PROGRAMS | $750,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valhalla Charitable Foundation Woodside, CA | $798,059,895 | $465,139,878 |
Hobson Lucas Family Foundation San Rafael, CA | $1,224,427,404 | $46,978,147 |
Tosa Foundation Portola Valley, CA | $620,174,698 | $135,076,785 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |