The Ahmanson Foundation
- Assets
- $0.0
- Revenue
- $54.4m
- Investments
- $1.2b
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 02/1955
- Data as of
- 10/2020
- EIN
- 95-6089998
Organization Overview
The Ahmanson Foundation is located in Beverly Hills, CA. The organization was established in 1955. 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. Ahmanson 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 10/2020, Ahmanson Foundation generated $54.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $63.3m during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ahmanson Foundation has awarded 635 individual grants totaling $76,905,800. 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 |
|---|---|---|---|
William H Ahmanson Trustee/pres. | 40 | $618,000 | |
Kristen K O'connor CFO & Treasurer | 40 | $395,167 | |
Karen A Hoffman Trustee/md & Secretary | 26 | $237,000 | |
Jennie H Chin Sr. Accountant | 40 | $137,500 | |
Sara R Straubel Prog. Officer | 40 | $126,372 | |
Edgar Hernandez Sr. Accountant | 40 | $121,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wellington Management Company | 10/30/20 | $195,027 |
Andersen Tax Llc | 10/30/20 | $94,085 |
Wilshire Associates | 10/30/20 | $82,736 |
The Bank Of New York Mellon | 10/30/20 | $111,675 |
Pacific Ridge Capital Partners | 10/30/20 | $157,167 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,042 |
| Interest on Savings | $192,174 |
| Dividends & Interest | $22,697,351 |
| Profit on Inventory Sales | $0 |
| Other Income | $67,324 |
| Total Revenue | $54,356,398 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,250,167 |
| Pension plans, employee benefits | $670,370 |
| Depreciation | $126,682 |
| Occupancy | $136,063 |
| Travel, conferences, and meetings | $20,221 |
| Printing and publications | $78,000 |
| Total operating and administrative expenses | $6,172,011 |
| Contributions, gifts, grants paid | $57,104,800 |
| Total expenses and disbursements | $63,276,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,888,425 |
| Investments—mortgage loans | $0 |
| Investments—other | $213,952,271 |
| Other assets | $3,242,201 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $845,078 |
Grants Awarded
Over the last fiscal year, The Ahmanson Foundation has awarded $76,905,800 in support to 635 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: TOWARD ADDITIONAL SUPPORT TOWARD DEVELOPMENT OF ANGELES HOUSE IN LOS ANGELES | $5,000,000 |
Los Angeles, CA PURPOSE: TOWARDS CONSTRUCTION OF THE DE MANDEL AQUATICS CENTER | $2,700,000 |
Los Angeles, CA PURPOSE: TOWARD DEVELOPMENT OF ANGELES HOUSE IN SOUTH LOS ANGELES | $2,500,000 |
Los Angeles, CA PURPOSE: FOR IT UPGRADES AND WEBSITE REDESIGN | $2,250,000 |
Los Angeles, CA PURPOSE: TOWARD CONSTRUCTION OF THE NEW XAVIER CENTER | $2,000,000 |
Pasadena, CA PURPOSE: TOWARD SEISMIC UPGRADES TO THE WINGATE AND HAHN BUILDINGS | $2,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valhalla Charitable Foundation Woodside, CA | $798,059,895 | $465,139,878 |
Hobson Lucas Family Foundation San Rafael, CA | $1,224,427,404 | $46,978,147 |
Tosa Foundation Portola Valley, CA | $620,174,698 | $135,076,785 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |