Carrie Estelle Doheny Foundation
- Assets
- $182.1m
- Revenue
- $1.2m
- Investments
- $179.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 95-6202911
Organization Overview
Carrie Estelle Doheny Foundation is located in Los Angeles, CA. The organization was established in 2006. 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. Carrie Estelle Doheny 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, Carrie Estelle Doheny Foundation generated $1.2m 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 (57.6%) each year. All expenses for the organization totaled $11.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carrie Estelle Doheny Foundation has awarded 940 individual grants totaling $26,321,700. 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 |
|---|---|---|---|
Robert A Smith III President, Chair, Director | 3 | $30,000 | |
Rev Wm Piletic Cm Director | 1 | $0 | |
H Thomas Boyle Director | 2 | $18,000 | |
Michael S Feeley Director | 2 | $0 | |
Antonio Felix Director | 1 | $6,000 | |
Margaret Morrow Director | 1 | $12,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Angeles Investment Advisors | 12/30/22 | $1,555,235 |
Harbourvest Partners Llc | 12/30/22 | $97,334 |
Pa Secondary | 12/30/22 | $92,198 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $313,333 |
| Dividends & Interest | $3,966,232 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,808,227 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $775,487 |
| Total Revenue | $1,247,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $415,256 |
| Other employee salaries and wages | $366,926 |
| Pension plans, employee benefits | $171,838 |
| Interest | $116,321 |
| Taxes | $158,535 |
| Depreciation | $1,025 |
| Occupancy | $218,708 |
| Travel, conferences, and meetings | $20,319 |
| Printing and publications | $2,390 |
| Other expenses | $43,923 |
| Total operating and administrative expenses | $3,350,563 |
| Contributions, gifts, grants paid | $7,655,228 |
| Total expenses and disbursements | $11,005,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $861,707 |
| 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 | $125,075 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $67,761,307 |
| Net Land, buildings, and equipment | $1,429 |
| Other assets | $1,185,872 |
| Total assets | $182,091,676 |
| Accounts payable and accrued expenses | $255,180 |
| Grants payable | $464,242 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,504,544 |
| Total liabilities | $2,223,966 |
Grants Awarded
Over the last fiscal year, Carrie Estelle Doheny Foundation has awarded $8,430,300 in support to 300 organizations.
| Grant Recipient | Amount |
|---|---|
DOHENY EYE INSTITUTE PURPOSE: SUPPORTING A NEW ERA AT DOHENY EYE INSTITUTE | $400,000 |
ARCHDIOCESE OF LADEPARTMENT OF CATHOLIC SCHOOLS PURPOSE: ELEMENTARY SCHOOL REPAIRS AND DEFERRED MAINTENANCE FY23 | $350,000 |
ALEXANDRIA HOUSE PURPOSE: KENMORE APARTMENT BUILDING | $200,000 |
COUNSELING PARTNERS OF LOS ANGELES PURPOSE: 2022-2023 ELEMENTARY SCHOOL COUNSELING PROGRAM | $161,000 |
DOHENY EYE INSTITUTE PURPOSE: SUPPORTING A NEW ERA AT DOHENY EYE INSTITUTE | $160,000 |
OUTREACH CONCERN INC PURPOSE: 2022-2023 ELEMENTARY SCHOOL COUNSELING PROGRAM | $140,000 |