Linda Vista Foundation is located in Solana Beach, CA. 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. Linda Vista 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 12/2023, Linda Vista Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $463.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Linda Vista Foundation has awarded 42 individual grants totaling $604,779. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stuart Gildred President | 25 | $84,000 | |
Wallace Gallaway Treasurer | 0 | $7,500 | |
Stephen Gildred Secretary | 0 | $6,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $475 |
Interest on Savings | $1 |
Dividends & Interest | $64,666 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,736,056 |
Capital Gain Net Income | $1,736,056 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,801,198 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $97,500 |
Other employee salaries and wages | $31,191 |
Pension plans, employee benefits | $0 |
Interest | $1,788 |
Taxes | $6,709 |
Depreciation | $820 |
Occupancy | $10,100 |
Travel, conferences, and meetings | $73,994 |
Printing and publications | $0 |
Other expenses | $51,879 |
Total operating and administrative expenses | $302,747 |
Contributions, gifts, grants paid | $161,030 |
Total expenses and disbursements | $463,777 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,887 |
Savings and temporary cash investments | $683,762 |
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 | $300,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $201,230 |
Other assets | $10,209 |
Total assets | $3,551,025 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $887 |
Mortgages and other notes payable | $0 |
Other liabilities | -$1,479 |
Total liabilities | -$592 |
Over the last fiscal year, Linda Vista Foundation has awarded $161,030 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
MAIA PURPOSE: EDUCATION | $15,000 |
COOPERATIVE FOR EDUCATION PURPOSE: EDUCATION | $10,000 |
NATUN GUATEMALA PURPOSE: COMMUNITY DEVELOPMENT | $4,000 |
FRIENDS OF SUENOS PURPOSE: EDUCATION PROJECT | $15,000 |
FAITH IN PRACTICE PURPOSE: HEALTH PROJECT | $10,000 |
AMIGOS DEL LAGO PURPOSE: COMMUNITY DEVELOPMENT | $15,000 |