The Donald L Bren Foundation
- Assets
- $257.5m
- Revenue
- $5.9m
- Investments
- $256.8m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 01/1987
- Data as of
- 11/2021
- 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.
For the year ending 11/2021, Donald L Bren Foundation generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $2.8m during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (43.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Donald L Bren Foundation has awarded 11 individual grants totaling $30,714,200. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Bren President/director | 0.1 | $0 | |
Stephen Ward Chief Financial Officer | 0.1 | $0 | |
Gino Bianchini Secretary/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $333 |
| Dividends & Interest | $3,098,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,769,426 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,868,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $967,501 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,265,121 |
| Total operating and administrative expenses | $2,267,569 |
| Contributions, gifts, grants paid | $525,153 |
| Total expenses and disbursements | $2,792,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,094 |
| Savings and temporary cash investments | $664,265 |
| Net Accounts receivable | $27,801 |
| 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 | $12,994,132 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $257,508,640 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $34,789,764 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,818,851 |
| Total liabilities | $37,608,615 |
Grants Awarded
Over the last fiscal year, The Donald L Bren Foundation has awarded $11,459,626 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Pasadena, CA PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $10,934,473 |
Quantico, VA PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $330,153 |
BOYS & GIRLS CLUB OF SANTA ANA PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $150,000 |
Westlake Village, CA PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $25,000 |
Hailey, ID PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |