Grog Foundation
- Assets
- $25.1m
- Revenue
- $1.6m
- Investments
- $24.5m
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 81-1540834
Organization Overview
Grog Foundation is located in Woodland Hills, CA. The organization was established in 2016. 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. Grog 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 12/2023, Grog Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Grog Foundation has awarded 11 individual grants totaling $3,498,000. 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 |
|---|---|---|---|
Sabrina Coryell Trustee | 5 | $0 | |
Lilith Coryell-Jenkins Trustee | 1 | $0 | |
Mona Abadir CEO | 40 | $249,167 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $359,920 |
| Dividends & Interest | $282,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $424,946 |
| Capital Gain Net Income | $424,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,567,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $249,167 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $359,027 |
| Taxes | $31,080 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $933,928 |
| Contributions, gifts, grants paid | $1,995,000 |
| Total expenses and disbursements | $2,928,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $625,358 |
| 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 | $1,670,701 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,099,698 |
| 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 | $5,506,550 |
| Other liabilities | $0 |
| Total liabilities | $5,506,550 |
Grants Awarded
Over the last fiscal year, Grog Foundation has awarded $1,760,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ENGAGING THE SENSES PURPOSE: TO SUPPORT PROGRAMS | $1,705,000 |
SKIRBALL CULTURAL CENTER PURPOSE: TO SUPPORT PROGRAMS | $15,000 |
THE GRADUATE CENTER FOUNDATION PURPOSE: TO SUPPORT PROGRAMS | $40,000 |