Melanson Family Foundation
- Assets
- $954.4k
- Revenue
- $27.6k
- Investments
- $729.6k
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 95-4631398
Organization Overview
Melanson Family Foundation is located in Beverly Hills, CA. The organization was established in 1997. 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. Melanson 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 12/2022, Melanson Family Foundation generated $27.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $65.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Melanson Family Foundation has awarded 151 individual grants totaling $450,800. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT GIVING. DURING 2022, TOTAL GRANTS OF $59,000 WERE MADE TO 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Melanson CFO | 0 | $0 | |
Teresa R Kochel Secretary | 0 | $0 | |
Gregory R Melanson President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,000 |
| Interest on Savings | $208 |
| Dividends & Interest | $18,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,737 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,350 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $65,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $224,815 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $954,441 |
| 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, Melanson Family Foundation has awarded $63,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
HOMEBOY INDUSTRIES PURPOSE: EDUCATION & TRAINING | $2,000 |
CHURCH OF THE GOOD SHEPARD PURPOSE: HELP THE NEEDY | $500 |
ST TIMOTHY CATHOLIC CHURCH PURPOSE: HELP THE NEEDY | $1,000 |
COLLABRIA CARE PURPOSE: HOSPICE | $10,000 |
PAN FLORIDA CHALLENGE INC PURPOSE: CANCER RESEARCH | $10,000 |
LOYOLA HIGH SCHOOL PURPOSE: EDUCATION | $10,000 |