The Saban Family Foundation
- Assets
- $4.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2000
- Data as of
- 12/2021
- 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 12/2021, Saban Family Foundation generated $4.1m 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 (23.6%) each year. All expenses for the organization totaled $17.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Saban Family Foundation has awarded 33 individual grants totaling $38,158,698. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bronner Jesse Senior Manager | 40 | $195,000 | |
Manevich Micha Assistant/coordinato | 40 | $84,000 | |
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 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cal & D Strategies | 12/30/19 | $81,838 |
Debby Communications | 12/30/19 | $68,902 |
Miri Nash | 12/30/19 | $69,996 |
Alex Decampo | 12/30/19 | $54,169 |
Martin S Indyk | 12/30/19 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000,000 |
| Interest on Savings | $28 |
| Dividends & Interest | $26,057 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,111 |
| Capital Gain Net Income | $50,111 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,076,196 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $349,000 |
| Pension plans, employee benefits | $73,682 |
| Interest | $55,746 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $534 |
| Printing and publications | $0 |
| Other expenses | $31,874 |
| Total operating and administrative expenses | $689,854 |
| Contributions, gifts, grants paid | $16,440,500 |
| Total expenses and disbursements | $17,130,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,844 |
| Savings and temporary cash investments | $4,003,263 |
| 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 | $4,126,107 |
| Accounts payable and accrued expenses | $20 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $11,020,000 |
| Other liabilities | $0 |
| Total liabilities | $11,020,020 |
Grants Awarded
Over the last fiscal year, The Saban Family Foundation has awarded $16,440,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
North Hollywood, CA PURPOSE: TO SHAPES THE ART OF CREATING TELEVISION BY ENGAGING AND EDUCATING THE NEXT GENERATION OF TELEVISION PROFESSIONALS. | $10,000,000 |
THE CLINTON FOUNDATION PURPOSE: FUNDING TO PROMOTE THE VALUE OF FAIRNESS AND OPPORTUNITY FOR ALL | $3,000,000 |
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. | $1,680,000 |
SABAN COMMUNITY CLINIC PURPOSE: FUNDING FOR COMPREHENSIVE, DEPENDABLE AND AFFORDABLE QUALITY HEALTH FOR THE UNDERSERVED AND THOSE WHO ARE MOST VULNERABLE. | $1,320,000 |
Woodland Hills, CA PURPOSE: TO BUILD AN ENGAGED AND UNITED ISRAELI-AMERICAN COMMUNITY. | $334,000 |
Los Angeles, CA PURPOSE: FUNDING FOR RESEARCH | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |
Craig H Neilsen Foundation Encino, CA | $489,570,251 | $30,946,732 |
Prostate Cancer Foundation Santa Monica, CA | $62,542,873 | $53,016,750 |
L K Whittier Foundation Pasadena, CA | $0 | $1,423,590 |
Sunlight Giving Palo Alto, CA | $510,624,261 | $22,845,227 |
Ralph M Parsons Foundation Los Angeles, CA | $469,540,445 | $59,827,202 |
Aramont Charitable Foundation Los Angeles, CA | $20,309,665 | $851,850 |
Capital Group Companies Charitable Foundation Irvine, CA | $396,511,503 | $49,953,906 |
Vera R Campbell Foundation Los Angeles, CA | $7,174,886 | $467,590 |
Resnick Foundation Los Angeles, CA | $16,158,618 | $25,090,034 |