Paul Ferrante Foundation
- Assets
- $58.2m
- Revenue
- $35.4m
- Investments
- $56.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-1474061
Organization Overview
Paul Ferrante Foundation is located in Los Angeles, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Ferrante 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, Paul Ferrante Foundation generated $35.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Paul Ferrante Foundation has awarded 12 individual grants totaling $1,975,000. 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 |
|---|---|---|---|
Elizabeth Kaplan CEO | 0 | $0 | |
Julie Urbanek CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,866,300 |
| Interest on Savings | $9,470 |
| Dividends & Interest | $1,158,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $407,782 |
| Capital Gain Net Income | $434,231 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,442,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $313,576 |
| Total operating and administrative expenses | $333,045 |
| Contributions, gifts, grants paid | $1,750,000 |
| Total expenses and disbursements | $2,083,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,323,865 |
| 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 | $21,031,890 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,224,273 |
| 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 |
Grants Awarded
Over the last fiscal year, Paul Ferrante Foundation has awarded $1,750,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GOOD SHEPHERD SHELTER PURPOSE: TO SUPPORT WOMEN AND CHILDREN IN DOMESTIC ABUSE SITUATIONS | $225,000 |
SMILE TRAIN PURPOSE: PROVIDE CORRECTIVE SURGERY FOR CHILDERN WITH CLEFT LIPS AND PALATES | $200,000 |
ST JUDE'S RESEARCH HOSPITAL PURPOSE: SUPPORTING GROUNDBREAKING RESEARCH AND TREATMENT THAT HELPS SAVE THE LIVES OF KIDS WORLDWIDE | $200,000 |
LA FAMILY HOUSING PURPOSE: PROVIDE HOUSING AND LIFE SAVING SERVICES THAT END HOMELESSNESS | $200,000 |
JOHN RITTER FOUNDATION FOR AORTIC H PURPOSE: RAISE AWARENESS OF THORACIC AORTIC ANEURYSM AND DISSECTION THROUGH RESEARCH, EDUCATION, AND ADVOCACY | $20,000 |
HEARST CASTLE PRESERVATION FOUNDATI PURPOSE: CONSERVATION AND PROMOTION OF HEARST CASTLE | $100,000 |