Morris A Hazan Family Foundation
- Assets
- $0.0
- Revenue
- $5.2m
- Investments
- $49.2m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/1968
- Data as of
- 12/2021
- EIN
- 95-6220356
Organization Overview
Morris A Hazan Family Foundation is located in Los Angeles, CA. The organization was established in 1968. 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. Morris A Hazan Family 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 12/2021, Morris A Hazan Family Foundation generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Morris A Hazan Family Foundation has awarded 1,145 individual grants totaling $15,188,914. 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.
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 |
|---|---|---|---|
Morris A Hazan Jr President | 2 | $0 | |
Judy Carmel Chief Financial Officer | 2 | $0 | |
Lovee Arum Board Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,076,183 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,761,486 |
| Total Revenue | $5,161,038 |
| 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 | $327,828 |
| Contributions, gifts, grants paid | $2,180,000 |
| Total expenses and disbursements | $2,507,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,970,813 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $141,000 |
Grants Awarded
Over the last fiscal year, Morris A Hazan Family Foundation has awarded $2,035,000 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL ALL-STARS PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN HERITAGE ACADEMY PURPOSE: GENERAL SUPPORT | $5,600 |
ALAMO PINTADO EQUINE FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |
AMERICAN JEWISH JOINT DISTRIBUTION PURPOSE: GENERAL SUPPORT | $20,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL SUPPORT | $10,000 |
ASPEN COMMUNITY FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |