Grace Ford Salvatori Foundation
- Assets
- $3.6m
- Revenue
- $234.9k
- Investments
- $3.6m
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 95-7067576
Organization Overview
Grace Ford Salvatori Foundation is located in Beverly Hills, CA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Grace Ford Salvatori 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, Grace Ford Salvatori Foundation generated $234.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $276.7k during the year ending 12/2021. While expenses have increased by 11.8% 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 2014, Grace Ford Salvatori Foundation has awarded 200 individual grants totaling $808,166. 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 |
|---|---|---|---|
Wanda Cannon Trustee | 8 | $0 | |
Samantha Lane Cannon Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $234,878 |
| 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 | $234,878 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,654 |
| Depreciation | $2,129 |
| Occupancy | $15,425 |
| Travel, conferences, and meetings | $2,363 |
| Printing and publications | $0 |
| Other expenses | $56,850 |
| Total operating and administrative expenses | $206,799 |
| Contributions, gifts, grants paid | $69,901 |
| Total expenses and disbursements | $276,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,961 |
| Savings and temporary cash investments | $0 |
| 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 | $5,507 |
| Other assets | $2,500 |
| Total assets | $3,587,848 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grace Ford Salvatori Foundation has awarded $69,901 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Fillmore, CA PURPOSE: RESCUE DOG ADOPTION CENTER | $14,000 |
LOS ANGELES PHILHARMONIC ASSOCIATION PURPOSE: PRESERVATION OF THE ARTS/CHILDRENS CONCERTS | $13,425 |
AMERICAN CINEMATHEQUE PURPOSE: ARTS AND CINEMA PRESERVATION | $6,500 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: SCHOLARSHIP FUND | $5,749 |
NATIONAL DISASTER SEARCH DOG FOUNDATION PURPOSE: SEARCH AND RESCUE TRAINING FOR DOGS | $5,000 |
TUNNELS TO TOWERS PURPOSE: SUPPORT MILITARY AND FIRST RESPONDERS WHO ASSISSTED DURING 9-11 | $3,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |