Bob & Nita Hirsch Family Foundation
- Assets
- $22.4m
- Revenue
- $3.4m
- Investments
- $17.8m
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 01/1998
- Data as of
- 11/2023
- EIN
- 95-4662169
Organization Overview
Bob & Nita Hirsch Family Foundation is located in Woodland Hills, CA. The organization was established in 1998. 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. Bob & Nita Hirsch 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 11/2023, Bob & Nita Hirsch Family Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $1.8m during the year ending 11/2023. While expenses have increased by 7.2% per year over the past 6 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 2014, Bob & Nita Hirsch Family Foundation has awarded 224 individual grants totaling $8,813,196. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Hirsch Wohl President | 15 | $0 | |
Matthew Hirsch Secretary | 5 | $0 | |
Alan Wohl Treasurer | 1 | $0 | |
Albert Hirsch Director | 1 | $0 | |
Robert Hirsch Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $902,113 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $385,081 |
| Capital Gain Net Income | $385,081 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,098,467 |
| Total Revenue | $3,385,661 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,758 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $159 |
| Total operating and administrative expenses | $160,796 |
| Contributions, gifts, grants paid | $1,600,294 |
| Total expenses and disbursements | $1,761,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,616,743 |
| 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 | $7,327,527 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,418,423 |
| 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, Bob & Nita Hirsch Family Foundation has awarded $1,600,294 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S GREATER LOS ANGELES PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $15,000 |
AMERICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $28,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 |
BEIT T'SHUVAH PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $10,000 |
CONCERN FOUNDATION PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $70,000 |
CREATIVE COMMUNITY FOR PEACE PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 |