Harry M Ermoian Foundation
- Assets
- $1.0m
- Revenue
- $64.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 07/2000
- Data as of
- 12/2021
- EIN
- 77-0544279
Organization Overview
Harry M Ermoian Foundation is located in Fresno, CA. The organization was established in 2000. 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. Harry M Ermoian 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, Harry M Ermoian Foundation generated $64.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $54.0k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 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 2016, Harry M Ermoian Foundation has awarded 21 individual grants totaling $353,966. 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 |
|---|---|---|---|
Harry M Ermoian CEO | 0 | $0 | |
Dr Raymond S Doumanian CFO | 0 | $0 | |
Kenneth Turner Director | 0 | $0 | |
Jennifer Grange Ermoian Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $26,884 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,871 |
| Capital Gain Net Income | $37,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $351 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $2,876 |
| Contributions, gifts, grants paid | $51,076 |
| Total expenses and disbursements | $53,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$5,352 |
| 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 | $1,009,118 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,003,766 |
| 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 |
Grants Awarded
Over the last fiscal year, Harry M Ermoian Foundation has awarded $51,076 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Davis, CA PURPOSE: THIS ORGANIZATION PROVIDES IMMEDIATE SHORT-TERM ASSISTANCE WITH BASIC NECESSITIES TO YOLO COUNTY FAMILIES AND INDIVIDUALS WITH INCOME BELOW THE POVERTY LEVEL. | $25,000 |
SANTA CLARA UNIVERSITY PURPOSE: THE PURPOSE OF THE DONATION IS TO SUPPORT HUNDREDS OF CAMPUS PROGRAMS, SPANNING ARTS, SCIENCE, AND ATHLETICS. | $20,000 |
CSU FRESNO FOUNDATION PURPOSE: TO ADVANCE THE UNIVERSITY'S STRATEGIC OBJECTIVES BY ENCOURAGING PHILANTHROPY, INSPIRING LEADERSHIP, AND PROMOTING FISCAL ACCOUNTABILITY. THE FOUNDATION MANAGES AND ADMINISTERS ASSETS THAT PROVIDE FOR SUCH THINGS AS ACADEMIC PROGRAM REVENUE, STUDENT SCHOLARSHIPS, AND FACULTY STIPENDS. | $6,076 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |