Conferencedirect Foundation
- Assets
- $5.8m
- Revenue
- $452.6k
- Investments
- $4.8m
- Employees
- 0
- Location
- West Hollywood, CA
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-2946505
Organization Overview
Conferencedirect Foundation is located in West Hollywood, CA. The organization was established in 2018. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Conferencedirect 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, Conferencedirect Foundation generated $452.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $227.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Conferencedirect Foundation has awarded 340 individual grants totaling $976,440. 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 |
|---|---|---|---|
Brian Stevens Chairman | 5 | $0 | |
Gerald Horan Sect'y/cfo | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $271,463 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $174,285 |
| Capital Gain Net Income | $174,285 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,816 |
| Total Revenue | $452,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,687 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $260 |
| Printing and publications | $0 |
| Other expenses | $895 |
| Total operating and administrative expenses | $30,976 |
| Contributions, gifts, grants paid | $196,115 |
| Total expenses and disbursements | $227,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,302 |
| Savings and temporary cash investments | $608,042 |
| 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 | $2,894 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $4,797,481 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,788,719 |
| 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, Conferencedirect Foundation has awarded $196,115 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
Napa, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Los Angeles, CA PURPOSE: GENERAL SUPPORT | $25,000 |
EVENTS INDUSTRY COUNCIL PURPOSE: GENERAL SUPPORT | $22,600 |
Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
TOURISM DIVERSITY MATTERS FOUNDATIO PURPOSE: GENERAL SUPPORT | $10,000 |
ST MARY'S COLLEGE PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |