Hernan Lopez Family Foundation
- Assets
- $9.5m
- Revenue
- $9.6m
- Investments
- $7.3m
- Employees
- 0
- Location
- West Hollywood, CA
- Founding
- Data as of
- 09/2021
- EIN
- 85-3673801
Organization Overview
Hernan Lopez Family Foundation is located in West Hollywood, CA. 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. Hernan Lopez Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hernan Lopez Chairman & Director | 4 | $0 | |
Andrea Link Secretary & Treasurer | 0.5 | $0 | |
Scott Velasquez Director | 1 | $0 | |
Sharon Tal Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,010,552 |
| Interest on Savings | $18 |
| Dividends & Interest | $55,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$500,611 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,342 |
| Total Revenue | $9,569,361 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $8,592 |
| Contributions, gifts, grants paid | $1,260,000 |
| Total expenses and disbursements | $1,268,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,101,930 |
| 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 | $9,451,305 |
| Accounts payable and accrued expenses | $3,942 |
| 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 | $500,000 |
| Total liabilities | $503,942 |
Grants Awarded
Over the last fiscal year, Hernan Lopez Family Foundation has awarded $760,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GLAAD PURPOSE: GENERAL | $500,000 |
Beverly Hills, CA PURPOSE: GENERAL | $250,000 |
THE OPPORTUNITY NETWORK PURPOSE: GENERAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The 1440 Foundation Saratoga, CA | $206,653,487 | $19,808,457 |
Merkin Family Foundation Marina Del Rey, CA | $241,752,328 | $31,870,945 |
Hopper-Dean Foundation Menlo Park, CA | $45,438,431 | $29,723,797 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Connie And Bob Lurie Foundation Inc Redwood City, CA | $112,597,495 | $25,457,180 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Meadowview Foundation San Rafael, CA | $189,484,174 | $15,305,967 |
Pwb Foundation San Francisco, CA | $347,304,916 | $12,423,770 |
Jeffrey Carlton Charitable Foundation Udt Dated April 10 2009 Villa Park, CA | $0 | $7,778,728 |
Autodesk Foundation San Francisco, CA | $47,337 | $16,300,000 |
Priem Family Foundation Burlingame, CA | $0 | -$4,034,198 |