Foundation Xnl is located in Las Vegas, NV. 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. Foundation Xnl 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, Foundation Xnl generated $445.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (53.7%) each year. All expenses for the organization totaled $279.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Foundation Xnl has awarded 28 individual grants totaling $359,804. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS TO ADDRESS SOCIETAL ISSUES LOCALLY AND NATIONALLY, INCLUDING BUT NOT LIMITED TO EDUCATION, HEALTHCARE, DISASTER RELIEF, HOMELESSNESS, AND OTHER ACUTE AND ENDEMIC PUBLIC CONCERNS. DURING THE YEAR 2021 THE FOUNDATION SUPPORTED 10 COMMUNITY 501 (C)3ORGANIZATIONS.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $976,500 |
Interest on Savings | $11 |
Dividends & Interest | $35,961 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$566,842 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $445,630 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $12,135 |
Taxes | $807 |
Depreciation | $0 |
Occupancy | $488 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $17,656 |
Contributions, gifts, grants paid | $261,804 |
Total expenses and disbursements | $279,460 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $69,640 |
Savings and temporary cash investments | $86,437 |
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 | $1,090,177 |
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 |
Over the last fiscal year, Foundation Xnl has awarded $261,804 in support to 18 organizations.
Grant Recipient | Amount |
---|---|
PUBLIC EDUCATION FOUNDATION PURPOSE: DONATION | $87,700 |
Henderson, NV PURPOSE: DONATION | $25,000 |
NSPCA PURPOSE: DONATION | $24,000 |
JUNIOR LEAGUE OF LAS VEGAS PURPOSE: DONATION | $23,400 |
DORIS HANCOCK ELEMENTARY SCHOOL PURPOSE: DONATION | $19,804 |
Las Vegas, NV PURPOSE: DONATION | $16,000 |
Over the last fiscal year, we have identified 1 grants that Foundation Xnl has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
John And Melissa Ceriale Foundation Inc Albany, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |