Beachbody Foundation
- Assets
- $34.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 81-2932478
Organization Overview
Beachbody Foundation is located in Santa Monica, CA. The organization was established in 2018. 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. Beachbody 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, Beachbody Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 19.2% per year over the past 5 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 2017, Beachbody Foundation has awarded 35 individual grants totaling $3,347,953. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHLINKS CHRONOTRACK 30-DAY BREAKAWAY PROGRAM PURCHASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Daikeler Director, President | 1 | $0 | |
Janet R Nalbandyan Director, Secretary | 1 | $0 | |
Isabelle Daikeler Director, Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,228,931 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,228,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,891 |
| Total operating and administrative expenses | $14,049 |
| Contributions, gifts, grants paid | $1,235,259 |
| Total expenses and disbursements | $1,249,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,899 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,899 |
| 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, Beachbody Foundation has awarded $1,235,259 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Monica, CA PURPOSE: IMPROVES THE LIVES OF ORPHANS AND VULNERABLE CHILDREN AROUND THE WORLD BY PARTNERING WITH LOCAL HEROES TO DELIVER LOCAL SOLUTIONS LIKE PROVIDING CHILDREN AND YOUNG ADULTS WITH BASIC HUMAN NEEDS SUCH AS SHELTER, FOOD, CLEAN WATER, EDUCATION, MEDICAL CARE, VOCATIONAL TRAINING AND INCOME-GENERATING ACTIVITIES | $1,015,259 |
Santa Monica, CA PURPOSE: IMPROVES THE LIVES OF ORPHANS AND VULNERABLE CHILDREN AROUND THE WORLD BY PARTNERING WITH LOCAL HEROES TO DELIVER LOCAL SOLUTIONS LIKE PROVIDING CHILDREN AND YOUNG ADULTS WITH BASIC HUMAN NEEDS SUCH AS SHELTER, FOOD, CLEAN WATER, EDUCATION, MEDICAL CARE, VOCATIONAL TRAINING AND INCOME-GENERATING ACTIVITIES | $80,000 |
HOPE OF THE VALLEY RESCUE MISSION PURPOSE: TO ATTRACT PEOPLE AND RESOURCES TO ASSIST IN THE EFFORT OF MEETING THE NEEDS OF EVERY HUNGRY AND HOMELESS MAN, WOMAN AND CHILD WHO SEEK OUR SERVICES. | $50,000 |
AMERICAN HEART ASSOCIATION PURPOSE: TO BENEFIT THE AHA AND ADVANCE ITS NFP MISSION TO BE A RELENTLESS FORCE OF A WORLD OF LONGER, HEALTHIER LIVES | $50,000 |
BIG BROTHERS AND BIG SISTERS PURPOSE: TO CREATE AND SUPPORT ONE-TO-ONE MENTORING RELATIONSHIPS THAT IGNITE THE POWER AND PROMISE OF YOUTH.. | $20,000 |
LEEZA'S CARE CONNECTION PURPOSE: TO SUPPORT AND REFERRALS FOR CAREGIVERS AND VICTIMS OF ALZHEIMERS DISEASE THROUGH LEEZA'S PLACE FACILITIES. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |