Chuck Lorre Family Foundation
- Assets
- $223.4m
- Revenue
- $53.5m
- Investments
- $211.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2000
- Data as of
- 08/2023
- EIN
- 95-4769888
Organization Overview
Chuck Lorre Family Foundation is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Chuck Lorre 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 08/2023, Chuck Lorre Family Foundation generated $53.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $20.6m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chuck Lorre Family Foundation has awarded 291 individual grants totaling $56,967,661. 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 |
|---|---|---|---|
Charles Lorre Director & President | 5 | $0 | |
Steven Gelon Director, Secretary & CFO | 1 | $0 | |
Trisha Cardoso Director | 40 | $335,129 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,215,205 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,020,319 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$313,361 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $626,019 |
| Total Revenue | $53,548,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $335,129 |
| Other employee salaries and wages | $122,611 |
| Pension plans, employee benefits | $33,588 |
| Interest | $0 |
| Taxes | $71,893 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $793 |
| Printing and publications | $0 |
| Other expenses | $573,852 |
| Total operating and administrative expenses | $1,250,781 |
| Contributions, gifts, grants paid | $19,306,839 |
| Total expenses and disbursements | $20,557,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,690 |
| Savings and temporary cash investments | $11,743,601 |
| 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 | $36,398,052 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $223,372,857 |
| 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, Chuck Lorre Family Foundation has awarded $19,306,839 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
826LA PURPOSE: GENERAL PURPOSE | $2,500 |
9 DOTS PURPOSE: YOUNG SHELDON STEM INITIATIVE GRANT | $1,140,000 |
A PLACE CALLED HOME PURPOSE: YOUTH SUPPORT | $15,000 |
BASSETT HIGH SCHOOL ASB PURPOSE: GENERAL PURPOSE | $5,000 |
BIG BROTHERS BIG SISTERS PURPOSE: ANNUAL GALA FUND | $10,000 |
CALIFORNIA VOLUNTEERS FUND PURPOSE: GENERAL PURPOSE | $250,000 |