Westphal Family Foundation
- Assets
- $77.5k
- Revenue
- $22.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, CA
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 91-6491365
Organization Overview
Westphal Family Foundation is located in Concord, CA. The organization was established in 2000. 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. Westphal 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.
For the year ending 12/2023, Westphal Family Foundation generated $22.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $78.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Westphal Family Foundation has awarded 405 individual grants totaling $1,587,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION GRANTS SCHOLARSHIPS ON AN ANNUAL BASIS TO THE CHILDREN OF BAY ALARM COMPANY EMPLOYEES. POTENTIAL RECIPIENTS MUST BE A HIGH SCHOOL GRADUATE, A HIGH SCHOOL GRADUATE WITHIN THE NEXT 12 MONTHS, OR A RECIPIENT OF A GED WHO IS YOUNGER THAN 23 YEARS OF AGE AT THE TIME THE COMPLETED APPLICATION IS SUBMITTED. THEY MUST BE ENROLLED, ACCEPTED, OR APPLYING TO A TWO OR FOUR YEAR COLLEGE, A TRADE-TECHNICAL SCHOOL, OR SCHOOL OF THE ARTS WHICH OFFERS A DEGREE, CERTIFICATION, LICENSE, OR AN EQUIVALENT TO OBTAINING A POST HIGH SCHOOL DEGREE. POTENTIAL RECIPIENTS MUST COMPLETE AN APPLICATION FORM, PROVIDE TWO REFERENCES, AND BE INTERVIEWED BY THE SCHOLARSHIP COMMITTEE. IN 2023, THE PROGRAM PROVIDED SCHOLARSHIPS TOTALING $73,500 TO FOURTEEN INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce A Westphal Trustee | 1 | $0 | |
Patricia A Westphal Trustee | 1 | $0 | |
Tim Westphal Trustee | 1 | $0 | |
Bentley R Westphal Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,762 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $4,500 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,762 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $130 |
| Total operating and administrative expenses | $130 |
| Contributions, gifts, grants paid | $78,500 |
| Total expenses and disbursements | $78,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $77,510 |
| 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 | $77,510 |
| 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, Westphal Family Foundation has awarded $78,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALI FARAZ-DONEE IS RELATED BY EMPLO PURPOSE: SCHOLARSHIP PAID TO SFSU FBO ALI FARAZ, A CHILD OF A BAY ALARM COMPANY EMPLOYEE. | $5,000 |
DRUZHININA EUGUENA-DONEE IS RELATED PURPOSE: SCHOLARSHIP PAID TO UNIVERSITY OF SOUTHERN CALIFORNIA FBO EUGENIA DRUZHININA, A CHILD OF A BAY ALARM COMPANY EMPLOYEE. | $7,000 |
GUBERA ADRIENA-DONEE IS RELATED BY PURPOSE: SCHOLARSHIP PAID TO CHAFFEY COLLEGE FBO ADRIENA GUBERA, A CHILD OF A BAY ALARM COMPANY EMPLOYEE. | $5,000 |
HAMMOND ADRA-DONEE IS RELATED BY EM PURPOSE: SCHOLARSHIP PAID TO BIOLA UNIVERSITY FBO ADRA HAMMOND, A CHILD OF A BAY ALARM COMPANY EMPLOYEE. | $5,500 |
HAMMOND ARELA-DONEE IS RELATED BY E PURPOSE: SCHOLARSHIP PAID TO BIOLA UNIVERSITY FBO ARELA HAMMOND, A CHILD OF A BAY ALARM COMPANY EMPLOYEE. | $5,500 |
MARGALIT MIKA-DONEE IS RELATED BY E PURPOSE: SCHOLARSHIP PAID TO TUFTS UNIVERSITY FBO MIKA MARGALIT, A CHILD OF A BAY ALARM COMPANY EMPLOYEE. | $7,000 |