The Saban Family Foundation
- Assets
- $257.6k
- Revenue
- $6.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 95-4769273
Organization Overview
The Saban Family Foundation is located in Los Angeles, CA. The organization was established in 2000. 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. Saban 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, Saban Family Foundation generated $6.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.8%) each year. All expenses for the organization totaled $8.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Saban Family Foundation has awarded 44 individual grants totaling $45,389,044. 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
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haim Saban Vice President | 1 | $0 | |
Cheryl Saban President | 1 | $0 | |
Adam Chesnoff Vice President | 1 | $0 | |
Niveen Tadros General Counsel And Secret | 1 | $0 | |
Greg Ivancich Treasurer Through 7/29/22 | 1 | $0 | |
Ken Van Damme Treasurer As Of 7/29/22 | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cal & D Strategies | 12/30/19 | $81,838 |
Miri Nash | 12/30/19 | $69,996 |
Debby Communications | 12/30/19 | $68,902 |
Alex Decampo | 12/30/19 | $54,169 |
Martin S Indyk | 12/30/19 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $6,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $340,489 |
| Pension plans, employee benefits | $88,669 |
| Interest | $313,147 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,752 |
| Printing and publications | $0 |
| Other expenses | $29,594 |
| Total operating and administrative expenses | $954,609 |
| Contributions, gifts, grants paid | $7,230,346 |
| Total expenses and disbursements | $8,184,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,039 |
| Savings and temporary cash investments | $195,584 |
| 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 | $257,623 |
| Accounts payable and accrued expenses | $186 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $15,330,000 |
| Other liabilities | $0 |
| Total liabilities | $15,330,186 |
Grants Awarded
Over the last fiscal year, The Saban Family Foundation has awarded $7,230,346 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY OF TELEVISION ARTS & SCIENCES FOUNDATION PURPOSE: TO SHAPE THE ART OF CREATING TELEVISION BY ENGAGING AND EDUCATING THE NEXT GENERATION OF TELEVISION PROFESSIONALS. | $4,000,000 |
AIRBNBORG INC PURPOSE: OFFERS EMERGENCY TEMPORARY HOUSING IN TIMES OF CRISIS. | $5,000 |
CEDARS-SINAI MEDICAL CENTER PURPOSE: FUNDING FOR RESEARCH | $100,000 |
CHARITIES AID FOUNDATION AMERICA PURPOSE: TO ENABLE CROSS-BORDER GIVING BY U.S. TAXPAYERS TO VALIDATED CHARITIES ACROSS THE WORLD | $5,000 |
CHILDREN'S HOSPITAL LOS ANGELES PURPOSE: PROMOTION AND ADVANCEMENT OF CHILDREN'S HEALTH THROUGH PATIENT CARE, RESEARCH, AND EDUCATION. | $1,000 |
FRIENDS OF ISRAEL DEFENSE FORCES PURPOSE: FUNDING FOR SOCIAL, EDUCATIONAL AND RECREATIONAL PROGRAMS AND FACILITIES FOR ISRAEL SOLDIERS INCLUDING SERVICES TO THE WIDOWS AND CHILDREN OF FALLEN SOLDIERS. | $2,180,000 |