Torrey Coast Foundation
- Assets
- $303.4m
- Revenue
- $305.2m
- Investments
- $971.3k
- Employees
- 0
- Location
- San Diego, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-4224393
Organization Overview
Torrey Coast Foundation is located in San Diego, 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. Torrey Coast 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 12/2022, Torrey Coast Foundation generated $305.2m in total revenue. All expenses for the organization totaled $11.7m during the year ending 12/2022. While expenses have increased by 59.8% per year over the past 3 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 2021, Torrey Coast Foundation has awarded 39 individual grants totaling $19,376,057. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $305,010,000 |
| Interest on Savings | $167,946 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $570 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $305,177,946 |
| 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 | $9,976 |
| Printing and publications | $0 |
| Other expenses | $155,486 |
| Total operating and administrative expenses | $218,201 |
| Contributions, gifts, grants paid | $11,523,315 |
| Total expenses and disbursements | $11,741,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $302,381,605 |
| 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 | $303,352,893 |
| Accounts payable and accrued expenses | $35,149 |
| Grants payable | $9,342,375 |
| 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 | $9,377,524 |
Grants Awarded
Over the last fiscal year, Torrey Coast Foundation has awarded $13,733,539 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY PURPOSE: FOR CENTRALIZING GASTROESOPHAGEAL CANCER RESOURCES GIFT FUND, GRANT PROPOSAL" GENERATING GASTROESOPHAGEAL TUMOR TISSUE MICROARRAYTS", TO ESTABLISH THE TORREY COAST STRATEGIC RESEARCH FUND, WHICH SHALL BE USED TO SUPPORT GASTRIC AND ESOPHAGEAL CANCER RESEARCH, TO CONDUCT THE SCIENCE DESCRIBED IN DR. WANG AND BASS'S PROPOSAL,"TARGETING MYELOID CELLS TO ENHANCE IMMUNOTHERAPY TARGETING T CELLS", AND FOR GRANT PROPOSAL" GENERATING GASTROESOPHAGEAL TUMOR TISSUE MICROARRAYTS". | $1,017,800 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: COLLABORATION WITH THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER AND COLUMBIA UNIVERSITY'S GI ONCOLOGY TEAMS. | $46,000 |
CORNELL UNIVERSITY - THE JOAN AND SANFORD I WEILL MEDICAL COLLEGE PURPOSE: TO PROMOTE AND ENHANCE THE WORK OF THE MEDICAL COLLEGE THROUGH THE SUPPORT OF RESEARCH TO GENERATE INFORMATION ON THE MECHANISMS OF "DIFFUSE" MESENCHYMAL TYPE OF GASTRIC CANCER AND TO PROMOTE AND ENHANCE THE WORK OF THE MEDICAL COLLEGE THROUGH THE SUPPORT OF RESEARCH IN IDENTIFYING AND TESTING EVIDENCE-BASED TARGETED THERAPEUTIC STRATEGIES IN GASTRIC CANCER: TARGETING TGF AND THE IMMUNE MICROENVIRONMENT. | $574,998 |
EMORY UNIVERSITY SCHOOL OF MEDICINE PURPOSE: FOR GRANT PROPOSAL" ADENOSQUAMOUS CARCINOMAS OF THE ESOPHAGUS: UNIQUE BIOLOGICAL AND THERAPEUTIC INSIGHTS FROM A RARE CANCER". | $76,890 |
HIAS INC PURPOSE: TO SUPPORT UKRANIAN REFUGEES SEEKING SAFETY IN JEWISH COMMUNITIES IN EUROPE. | $100,000 |
INSITITUE OF MOLECULAR CELL BIOLOGY PURPOSE: FOR GRANT PROPOSAL "EVALUATING GASTRIC CANCER THERAPEUTICS IN OUR CLDN18-ATK GENETICALLY ENGINEERED MOUSE MODEL OF GASTRIC CANCER". | $247,000 |