Essick Foundation Inc
- Assets
- $3.9m
- Revenue
- $251.3k
- Investments
- $3.8m
- Employees
- 0
- Location
- Altadena, CA
- Founding
- 07/1949
- Data as of
- 12/2023
- EIN
- 95-6048985
Organization Overview
Essick Foundation Inc is located in Altadena, CA. The organization was established in 1949. 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. Essick Foundation Inc 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 12/2023, Essick Foundation Inc generated $251.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $189.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Essick Foundation Inc has awarded 36 individual grants totaling $1,244,222. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE PART XV FOR DONATIONS MADE BY THIS ORGANIZATION. THE PRIMARY PURPOSE OF THIS ORGANIZATION IS TO PROVIDE GRANTS TO CERTAIN SECTION 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr James Stanger CFO | 0 | $0 | |
Robert Essick President/treasurer | 2 | $0 | |
Jenijoy La Belle Vice President/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $16,674 |
| Dividends & Interest | $174,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,147 |
| Capital Gain Net Income | $10,147 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $251,303 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,163 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,658 |
| Total operating and administrative expenses | $34,921 |
| Contributions, gifts, grants paid | $155,000 |
| Total expenses and disbursements | $189,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,296 |
| Savings and temporary cash investments | $0 |
| 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 | $3,841,648 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,905 |
| Total assets | $3,927,849 |
| 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 | $10,169 |
| Total liabilities | $10,169 |
Grants Awarded
Over the last fiscal year, Essick Foundation Inc has awarded $155,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTH CAROLINA PURPOSE: GENERAL | $101,000 |
THE HUNTINGTON LIBRARY PURPOSE: GENERAL | $25,000 |
UNIVERSITY OF ROCHESTER PURPOSE: GENERAL | $20,000 |
WILLIAMS COLLEGE ALUMNI FUND PURPOSE: GENERAL | $9,000 |