Argyros Family Foundation
- Assets
- $181.0m
- Revenue
- $21.2m
- Investments
- $179.9m
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 04/1980
- Data as of
- 07/2021
- EIN
- 95-3421867
Organization Overview
Argyros Family Foundation is located in Costa Mesa, CA. The organization was established in 1980. 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. Argyros 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 07/2021, Argyros Family Foundation generated $21.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $13.0m during the year ending 07/2021. While expenses have increased by 0.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Argyros Family Foundation has awarded 365 individual grants totaling $62,056,728. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NO DIRECT CHARITABLE ACTIVITIES OTHER THAN CONTRIBUTIONS PAID TO CHARITABLE ORGANIZATIONS. SEE ATTACHED LISTING OF DONEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianne Argyros President & CEO | 10 | $0 | |
Brent Law Secretary | 10 | $0 | |
Stephanie Argyros Director | 10 | $0 | |
Varden Amloyan CFO & Treasurer | 10 | $0 | |
Christian F Dubia Jr Director | 0 | $0 | |
Melissa Argyros Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,762,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,292,142 |
| Capital Gain Net Income | $8,876,267 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,497 |
| Total Revenue | $21,160,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $156,331 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $318,229 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $822,172 |
| Total operating and administrative expenses | $1,359,427 |
| Contributions, gifts, grants paid | $11,642,554 |
| Total expenses and disbursements | $13,001,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,073 |
| Savings and temporary cash investments | $1,046,191 |
| 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 | $40,598,066 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $181,036,964 |
| 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, Argyros Family Foundation has awarded $19,627,754 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
Newport Beach, CA PURPOSE: MEDICAL | $7,500,000 |
Los Angeles, CA PURPOSE: EDUCATION | $1,990,076 |
Newport Beach, CA PURPOSE: MEDICAL | $1,390,681 |
SOUTH COAST REPERTORY PURPOSE: ARTS | $1,041,336 |
Orange, CA PURPOSE: EDUCATION | $1,025,298 |
FREE THE CHILDREN PURPOSE: PUB CHAR | $1,001,700 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Argyros Family Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Kelly J Roberts Private Foundation Newport Beach, CA PURPOSE: SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |
Craig H Neilsen Foundation Encino, CA | $489,570,251 | $30,946,732 |
Prostate Cancer Foundation Santa Monica, CA | $62,542,873 | $53,016,750 |
L K Whittier Foundation Pasadena, CA | $0 | $1,423,590 |
Sunlight Giving Palo Alto, CA | $510,624,261 | $22,845,227 |
Ralph M Parsons Foundation Los Angeles, CA | $469,540,445 | $59,827,202 |
Aramont Charitable Foundation Los Angeles, CA | $20,309,665 | $851,850 |
Capital Group Companies Charitable Foundation Irvine, CA | $396,511,503 | $49,953,906 |
Vera R Campbell Foundation Los Angeles, CA | $7,174,886 | $467,590 |
Resnick Foundation Los Angeles, CA | $16,158,618 | $25,090,034 |