Caruso Family Foundation

Organization Overview

Caruso Family Foundation is located in Los Angeles, CA. The organization was established in 1991. 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. Caruso 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 12/2021, Caruso Family Foundation generated $3.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Caruso Family Foundation has awarded 128 individual grants totaling $19,919,945. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,442,687
Interest on Savings $0
Dividends & Interest $3,570
Net Rental Income$0
Net Gain on Sale of Assets $1,042,022
Capital Gain Net Income $1,956,432
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,488,279

Grants Awarded

Over the last fiscal year, Caruso Family Foundation has awarded $5,030,260 in support to 27 organizations.

Grant RecipientAmount

PEPPERDINE UNIVERSITY

Org PageRecipient Profile

Malibu, CA

PURPOSE: TO AID THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE AND CHRISTIAN VALUES

$2,000,000

LOYOLA HIGH SCHOOL

PURPOSE: SUPPORT LOCAL EDUCATION

$800,000

UNIVERSITY OF SOUTHERN CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: SUPPORT LOCAL EDUCATION

$626,794

OPERATION PROGRESS STUDENT ASSISTANCE FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: EMPOWER UNDERSERVED YOUTH TO BECOME EDUCATED AND REACH THEIR FULL POTENTIAL

$365,000

CATHOLIC EDUCATION FOUNDATION

PURPOSE: TO ENCOURAGE COMMUNITY AND FAITH BUILDING

$285,716

PARA LOS NINOS

PURPOSE: FOSTER PATHWAY TO SUCCESS THROUGH EXCELLENCE IN EDUCATION & STRONG COMMUNITIES FOR CHILDREN

$250,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Caruso Family Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Nailba Charitable Foundation

Fairfax, VA

PURPOSE: Assist programs in the communities

$25,000
View Grant Recipient Profile

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