Otis Booth Foundation
- Assets
- $0.0
- Revenue
- $3.1m
- Investments
- $175.6m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/1967
- Data as of
- 11/2020
- EIN
- 95-6140019
Organization Overview
Otis Booth Foundation is located in Los Angeles, CA. The organization was established in 1967. 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. Otis Booth 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 11/2020, Otis Booth Foundation generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $8.5m during the year ending 11/2020. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Otis Booth Foundation has awarded 655 individual grants totaling $85,088,206. 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 |
|---|---|---|---|
Lynn A Booth President & Ttee | 4 | $0 | |
Palmer N Murray Vp, Treas., Assist. Sec & | 4 | $0 | |
Loren Booth Vp, Sec. & Ttee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Andersen Tax Llc | 11/29/21 | $115,968 |
Lourdmurray | 11/29/21 | $666,207 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $2,598,046 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,058,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $854,178 |
| Contributions, gifts, grants paid | $7,621,293 |
| Total expenses and disbursements | $8,475,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,025,709 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,567,336 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,057,000 |
Grants Awarded
Over the last fiscal year, Otis Booth Foundation has awarded $30,940,500 in support to 128 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD-WESTLAKE SCHOOL PURPOSE: SECOND OF FOUR ANNUAL INSTALLMENTS TOWARDS A $20 MILLION PLEDGE. | $5,000,000 |
HARVARD-WESTLAKE SCHOOL PURPOSE: FIRST OF FOUR ANNUAL INSTALLMENTS TOWARDS A $20 MILLION PLEDGE. | $5,000,000 |
HARVARD-WESTLAKE SCHOOL PURPOSE: THIRD OF FOUR ANNUAL INSTALLMENTS TOWARDS A $20 MILLION PLEDGE. | $5,000,000 |
HARVARD-WESTLAKE SCHOOL PURPOSE: FOURTH OF FOUR ANNUAL INSTALLMENTS TOWARDS A $20 MILLION PLEDGE. | $5,000,000 |
Los Angeles, CA PURPOSE: FIFTH OF FIVE ANNUAL INSTALLMENTS TOWARDS A $7.5 MILLION PLEDGE TO SUPPORT THE RENOVATION OF THE LOS ANGELES MEMORIAL COLISEUM. | $1,500,000 |
Los Angeles, CA PURPOSE: TO SUPPORT LAPD TOWARDS OBTAINING AND MAINTAINING ESSENTIAL EQUIPMENT AND STATE OF THE ART TECHNOLOGY, SPECIALIZED TRAINING, AND INNOVATIVE PROGRAMS. | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |