Russian Heritage Foundation Inc
- Assets
- $2.3m
- Revenue
- $692.5k
- Investments
- $291.1k
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-1537424
Organization Overview
Russian Heritage Foundation Inc is located in Woodland Hills, CA. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., 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. Russian Heritage Foundation Inc 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, Russian Heritage Foundation Inc generated $692.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $176.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Russian Heritage Foundation Inc has awarded 19 individual grants totaling $190,500. 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 |
|---|---|---|---|
Eugene Solonin CEO | 8 | $0 | |
Elena Zolotova Secretary | 1 | $0 | |
Helena Solomaho CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $525,000 |
| Interest on Savings | $120,119 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,393 |
| Capital Gain Net Income | $47,393 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $692,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6,626 |
| Taxes | $674 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,738 |
| Total operating and administrative expenses | $21,731 |
| Contributions, gifts, grants paid | $154,500 |
| Total expenses and disbursements | $176,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,763 |
| 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 | $1,682,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $355 |
| Net Land, buildings, and equipment | $314,000 |
| Other assets | $0 |
| Total assets | $2,303,898 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $765,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $765,000 |
Grants Awarded
Over the last fiscal year, Russian Heritage Foundation Inc has awarded $154,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CONSTELLATION OF CARE PURPOSE: TO PROMOTE CULTURAL HERITAGE | $50,000 |
CONSTELLATION OF CARE PURPOSE: TO PROMOTE CULTURAL HERITAGE | $45,000 |
ALL SAINTS RUSSIAN ORTHODOX CHURCH PURPOSE: TO SUPPORT YOUNG CHRISTIAN COMMUNITY | $20,000 |
FUND FOR ASSISTANCE TO THE ROCOR PURPOSE: TO SUPPORT MISSIONS AND SCHOOLS. | $16,000 |
Los Angeles, CA PURPOSE: TO SUPPORT ORGANIZATION'S MISSION | $3,000 |
HIST STUDIES OF THE RUSSIAN CHURCH PURPOSE: TO SUPPORT RELIGIOUS STUDIES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
William N Pennington Foundation Reno, NV | $502,236,790 | $24,914,184 |
Sobrato Foundation Mountain View, CA | $153,186,156 | $3,690,713 |
Cause Communications Los Angeles, CA | $1,679,573 | $7,838,789 |
Henderson Family Foundation A California Charitable Organization Burlingame, CA | $111,333,025 | $137,987,606 |
Childrens Initiative San Diego, CA | $3,333,433 | $3,356,719 |
3200 Adams Holding Corp Los Angeles, CA | $13,494,424 | $950,940 |
Gvngorg Beverly Hills, CA | $461,558 | $999,295 |
Arizona Grantmakers Forum Phoenix, AZ | $0 | $309,042 |
League Of California Community Foundations Sonora, CA | $1,702,745 | $954,379 |
La-Tech Org Santa Monica, CA | $413,917 | $840,684 |
Cornerstone Ondemand Foundation Santa Monica, CA | $241,025 | $470,878 |
Transformational Opportunities Inc Prescott Valley, AZ | $130,151 | $365,740 |