Windsong Tr
- Assets
- $432.6m
- Revenue
- $36.2m
- Investments
- $423.5m
- Employees
- 0
- Location
- Manhattan Beach, CA
- Founding
- 09/2004
- Data as of
- 12/2022
- 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 12/2022, Windsong Tr generated $36.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $30.2m during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 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 2014, Windsong Tr has awarded 703 individual grants totaling $211,048,772. 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 |
|---|---|---|---|
Gigi Osco-Bingemann Co-Trustee | 40 | $677,173 | |
Vadim Fridman Co-Trustee | 40 | $677,173 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services | 12/30/22 | $2,576,353 |
Cohnreznick Llp | 12/30/22 | $50,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,209,940 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,026,786 |
| Capital Gain Net Income | $9,745,689 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,236,726 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,355,173 |
| Other employee salaries and wages | $112,602 |
| Pension plans, employee benefits | $273,651 |
| Interest | $0 |
| Taxes | $764,322 |
| Depreciation | $60,755 |
| Occupancy | $77,875 |
| Travel, conferences, and meetings | $5,186 |
| Printing and publications | $0 |
| Other expenses | $147,261 |
| Total operating and administrative expenses | $5,461,807 |
| Contributions, gifts, grants paid | $24,689,744 |
| Total expenses and disbursements | $30,151,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,382,323 |
| 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 | $5,969 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $321,746,635 |
| Net Land, buildings, and equipment | $2,777,075 |
| Other assets | $0 |
| Total assets | $432,637,568 |
| 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 | $421,285 |
| Total liabilities | $421,285 |
Grants Awarded
Over the last fiscal year, Windsong Tr has awarded $24,689,744 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL ALL-STARS LOS ANGELES PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $500,000 |
AQUARIUM OF THE PACIFIC PURPOSE: OCEAN SCIENCE EDUCATION PROGRAM | $100,000 |
AFTER-SCHOOL ALL-STARS LAS VEGAS PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $500,000 |
BET YOSSEF COMMUNITY CENTER PURPOSE: TUITION ASSISTANCE | $75,000 |
BIG BROTHERS BIG SISTERS OF GREATER LOS ANGELES PURPOSE: COMMUNITY BASED MENTORING PROGRAM | $225,000 |
BLIND CHILDREN'S CENTER PURPOSE: EDUCATIONAL PROGRAM SUPPORT | $150,000 |