Kari And Dick Clark Foundation
- Assets
- $15.5m
- Revenue
- $1.6m
- Investments
- $15.2m
- Employees
- 0
- Location
- Calabasas, CA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 77-6280186
Organization Overview
Kari And Dick Clark Foundation is located in Calabasas, CA. The organization was established in 2009. 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. Kari And Dick Clark 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 12/2022, Kari And Dick Clark Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kari And Dick Clark Foundation has awarded 45 individual grants totaling $5,046,300. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $426,890 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,132,093 |
| Capital Gain Net Income | $1,132,093 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $257 |
| Total Revenue | $1,559,240 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,292 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,870 |
| Total operating and administrative expenses | $116,796 |
| Contributions, gifts, grants paid | $1,091,000 |
| Total expenses and disbursements | $1,207,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,684 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,167,341 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,926 |
| Total assets | $15,451,951 |
| 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, Kari And Dick Clark Foundation has awarded $1,091,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LA REGIONAL FOOD BANK PURPOSE: CONTRIBUTION | $25,000 |
FRIENDS OF MALIBU URGENT CARE CENTER PURPOSE: CONTRIBUTION | $10,000 |
LES TURNER ALS FOUNDATION PURPOSE: CONTRIBUTION | $5,000 |
MR HOLLAND'S OPUS PURPOSE: CONTRIBUTION | $1,000 |
THE PAINTED TURTLE PURPOSE: CONTRIBUTION | $50,000 |
SYRACUSE UNIVERSITY PURPOSE: CONTRIBUTION | $1,000,000 |