Saban Charitable Support Fund
- Assets
- $6.2m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 68-0517051
Organization Overview
Saban Charitable Support Fund is located in Los Angeles, CA. The organization was established in 2003. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Saban Charitable Support Fund 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, Saban Charitable Support Fund generated $4.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Saban Charitable Support Fund has awarded 143 individual grants totaling $12,630,596. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GIVING IS DEDICATED TO THE JEWISH COMMUNITY & COMMUNITY AT LARGE TO BENEFIT PROGRAMS & INSTITUTIONS WHICH HAVE AN EMPHASIS ON HEALTH, ARTS & CULTURE, & SOCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Schotland Secretary/director | OfficerTrustee | 3.2 | $0 |
Haim Saban President/director | OfficerTrustee | 0.1 | $0 |
Cheryl Saban Vice President/director | OfficerTrustee | 0.1 | $0 |
Lorin Fife Vice President/director | OfficerTrustee | 1 | $0 |
Lawrence Rauch Vice President/director | OfficerTrustee | 1.1 | $0 |
David Carroll Treasurer | Officer | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,512,495 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,512,495 |
| Total Program Service Revenue | $0 |
| Investment income | $24,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,091 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,541,959 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $874,266 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,261,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,725 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,700 |
| All other expenses | $150 |
| Total functional expenses | $3,145,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,074,853 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,080,874 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,155,727 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,340,495 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $30,550 |
| Total liabilities | $4,371,045 |
| Net assets without donor restrictions | $1,784,682 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,155,727 |
Grants Awarded
Over the last fiscal year, Saban Charitable Support Fund has awarded $1,111,013 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: GENERAL SUPPORT | $200,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $150,000 |
Beverly Hills, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Los Angeles, CA PURPOSE: GENERAL SUPPORT | $100,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $100,000 |
Los Angeles, CA PURPOSE: GENERAL SUPPORT | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Saban Charitable Support Fund has recieved totaling $7,120,849.
| Awarding Organization | Amount |
|---|---|
| $7,120,849 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |