Luise Mandel Charitable Tr is located in Beverly Hills, CA. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luise Mandel Charitable Tr 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, Luise Mandel Charitable Tr generated $29.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $45.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Luise Mandel Charitable Tr has awarded 41 individual grants totaling $337,093. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $29,767 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $29,767 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,046 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $10 |
Total operating and administrative expenses | $3,421 |
Contributions, gifts, grants paid | $42,250 |
Total expenses and disbursements | $45,671 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $69,808 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $605,785 |
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 | $2,265 |
Total liabilities | $2,265 |
Over the last fiscal year, Luise Mandel Charitable Tr has awarded $42,250 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
HUGS HAWAII PURPOSE: RELIEF TO FAMILIES WITH CHILDREN DEALING WITH LIFE-THREATENING ILLNESS. | $10,000 |
IGBY INTERNATIONAL MINISTRIES PURPOSE: GENERAL FINANCIAL AID | $1,000 |
UNIVERSITY OF LA VERNE PURPOSE: UNIVERSITY SCHOLARSHIPS | $25,000 |
LA COMMUNITY ALLIANCE PURPOSE: FOOD INSECURTIY, HOMELESSNESS, & UNCLEAN NEIGHBORHOODS | $4,250 |
HIGHLAND HALL WALDORF SCHOOL PURPOSE: PRACTICAL ARTS PROGRAM | $2,000 |