The Donald L Bren Foundation
- Assets
- $260.6m
- Revenue
- $8.7m
- Investments
- $259.3m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 01/1987
- Data as of
- 11/2023
- EIN
- 95-4094426
Organization Overview
The Donald L Bren Foundation is located in Newport Beach, CA. The organization was established in 1987. 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. Donald L Bren Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Donald L Bren Foundation has awarded 13 individual grants totaling $40,765,090. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Bren President/director | 0.1 | $0 | |
Gino Bianchini Secretary/director | 0.1 | $0 | |
David Rodibaugh Chief Financial Officer | 0.1 | $0 | |
Brigitte Bren Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,845 |
| Dividends & Interest | $2,840,320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,870,640 |
| Capital Gain Net Income | $447,339 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,714,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $661,368 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,339 |
| Printing and publications | $0 |
| Other expenses | $539,196 |
| Total operating and administrative expenses | $1,249,032 |
| Contributions, gifts, grants paid | $2,000,000 |
| Total expenses and disbursements | $3,249,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,765 |
| Savings and temporary cash investments | $1,277,185 |
| Net Accounts receivable | $44,921 |
| 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 | $260,599,375 |
| Accounts payable and accrued expenses | $20,619 |
| Grants payable | $18,497,734 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,946,676 |
| Total liabilities | $21,465,029 |
Grants Awarded
Over the last fiscal year, The Donald L Bren Foundation has awarded $10,558,602 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $8,558,602 |
IRVINE UNIFIED SCHOOL DISTRICT PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $2,000,000 |