Community Foundation For Oak Park
- Assets
- $384.6k
- Revenue
- $264.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Agoura Hills, CA
- Founding
- 12/1979
- Data as of
- 06/2024
- EIN
- 95-3416510
Organization Overview
Community Foundation For Oak Park is located in Agoura Hills, CA. The organization was established in 1979. According to its NTEE Classification (T31) the organization is classified as: Community 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. Community Foundation For Oak Park 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 06/2024, Community Foundation For Oak Park generated $264.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $215.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation For Oak Park has awarded 31 individual grants totaling $143,894. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT NEEDED AND DESIRED OAK PARK COMMUNITY PROGRAMS AND PROJECTS BY ACTING AS A GOVERNING BODY AND TAX-EXEMPT UMBRELLA FOR COMMUNITY GROUPS AND DONOR-DEFINED FUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS/SCHOLARSHIPS GIVEN DURING THE CURRENT FISCAL YEAR BY THE FOLLOWING ACTIVITY COMMITTEES: THE GENERAL FUND, FRIENDS OF THE OAK PARK LIBRARY, OAK PARK PERFORMING ARTS ALLIANCE, OP GARDENERS, OAK PARK FIRE SAFE COUNCIL, FRIENDS OF THE OAK PARK OPEN SPACE AND THE OAK PARK INSTRUMENTAL MUSIC ASSOCIATION.EACH COMMITTEE IS SELF-GOVERNING UNDER THE SUPERVISION OF THE FOUNDATION'S BOARD OF TRUSTEES, EACH WITH ITS OWN BYLAWS, OFFICERS, AND MEMBERS. PERIODIC REPORTS ON THE COMMITTEES' ACTIVITIES ARE PRESENTED TO THE BOARD OF TRUSTEES. THE FOUNDATION'S TREASURER OVERSEES THE COMMITTEES' FISCAL AFFAIRS TO ENSURE THAT THEY OPERATE IN A MANNER CONSISTENT WITH A TAX-EXEMPT CHARITY. THE THREE LARGEST PROGRAMS DURING THE FISCAL YEAR-ENDING JUNE 30, 2024 WERE AS FOLLOWS: OAK PARK PERFORMING ARTS ALLIANCE: SUPPORTS THE VISUAL AND PERFORMING ARTS CURRICULA AND ACTIVITIES THROUGHOUT THE OAK PARK UNIFIED SCHOOL DISTRICT. (APPROXIMATELY $34,347 OF PROGRAM, SCHOLARSHIP AND GRANT EXPENSES)FRIENDS OF THE OAK PARK OPEN SPACE: SUPPORTS THE PRESERVING AND PROTECTING OF THE OPEN LAND IN THE COMMUNITY. (APPROXIMATELY $34,769 OF PROGRAM AND GRANT EXPENSES)OAK PARK INSTRUMENTAL MUSIC ASSOCIATION: SUPPORTS THE MUSIC CURRICULA AND ACTIVITIES THROUGHOUT THE OAK PARK UNIFIED SCHOOL DISTRICT. (APPROXIMATELY $77,766 OF PROGRAM AND GRANT EXPENSES)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aprylle Beck Secretary | OfficerTrustee | 2 | $0 |
Gerald Clebanoff President | OfficerTrustee | 2 | $0 |
Jay Kapitz Treasurer | OfficerTrustee | 2 | $0 |
Barbara Schwartz Vice President | OfficerTrustee | 2 | $0 |
Ragini Aggarwal Trustee | Trustee | 2 | $0 |
Alon Glickstein Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,089 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $111,559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,400 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,522 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,707 |
| All other expenses | $91 |
| Total functional expenses | $215,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,505 |
| Savings and temporary cash investments | $9,090 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $128,977 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $384,572 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $457,814 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$73,242 |
| Total liabilities and net assets/fund balances | $384,572 |
Grants Awarded
Over the last fiscal year, Community Foundation For Oak Park has awarded $17,851 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OAK PARK UNIFIED SCHOOL DISTRICT - INSTRUMENTAL MUSIC ASSOCIATION PURPOSE: GRANTS AND SCHOLARSHIPS FOR MUSICAL EDUCATION AND LEARNING | $3,376 |
OAK PARK UNIFIED SCHOOL DISTRICT - GENERAL FUND & DONOR DESIGNATED FUNDS PURPOSE: SCHOLARSHIPS FOR STUDENTS | $10,975 |
OAK PARK UNIFIED SCHOOL DISTRICT - PERFORMING ARTS ALLIANCE PURPOSE: GRANTS FOR THE PERFORMING ARTS | $3,500 |