Tikun Olam Foundation
- Assets
- $68.4m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 95-4871770
Organization Overview
Tikun Olam Foundation is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Tikun Olam 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, Tikun Olam Foundation generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tikun Olam Foundation has awarded 161 individual grants totaling $24,676,335. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SEEKS TO HELP VULNERABLE CHILDREN BY PROVIDING SUPPORT TO THE CHILD, FAMILY, AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIVING
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 |
|---|---|---|---|
Name Not Listed President/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Vice President/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Chair Of The Board/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Secretary/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Vice President/director | OfficerTrustee | 0.1 | $0 |
Name Not Listed Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $915,538 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,733,665 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,802,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,156,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,850 |
| All other expenses | $0 |
| Total functional expenses | $5,170,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,188,837 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $63,234,121 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $68,422,958 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $16,553,500 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $166,150 |
| Total liabilities | $16,719,650 |
| Net assets without donor restrictions | $51,703,308 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $68,422,958 |
Grants Awarded
Over the last fiscal year, Tikun Olam Foundation has awarded $5,360,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIES F EVERY CHILD INC PURPOSE: general support | $92,500 |
CHILD WELFARE INNOVATION DBA FA PURPOSE: general support | $40,000 |
CALIFORNIA COMMUNITY FOUNDATION PURPOSE: general support | $50,000 |
CHILDREN'S BUREAU OF S CA PURPOSE: general support | $375,000 |
CHILDREN'S HOSPITAL LA PURPOSE: general support | $1,000,000 |
COMMUNITY PARTNERS INC PURPOSE: general support | $70,000 |