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The Abrasba Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050545566 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Abrasba Foundation?

The Abrasba Foundation, as highlighted in the provided information, is a nonprofit organization that is supported and funded by the Jewish Community Foundation of Los Angeles. The primary mission of The Abrasba Foundation is to foster and sponsor charitable and educational programs and services within the Los Angeles, California community. By providing funding to various organizations, they contribute to the betterment of their local area, promoting a wide range of beneficial initiatives.

Is The Abrasba Foundation legitimate?

The Abrasba Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Abrasba Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Abrasba Foundation?

The Abrasba Foundation's mission is to support organizations by providing funding for charitable and educational programs and services. They aim to promote these initiatives, contributing to the betterment of various communities. Their activities are focused on offering financial assistance to organizations, thereby enabling them to carry out their charitable and educational endeavors effectively. This foundation plays a crucial role in facilitating the provision of essential programs and services, thereby positively impacting numerous lives.

Who is the CEO of The Abrasba Foundation?

Unavailable

What is the revenue of The Abrasba Foundation?

The Abrasba Foundation's revenue in 2022 was $1,686,464.

Who are the executives of The Abrasba Foundation and what are their salaries?


Here are 7 key members and their salaries:


Alan Gindi (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Gindi (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin I Schotland (Secretary/Director)
  • Compensation: $0
  • Related: $513,242
  • Other: $78,804
Jordan Lurie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Rauch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Carroll (Treasurer (Term 5/2022))
  • Compensation: $0
  • Related: $159,644
  • Other: $14,896
Ellen Rosen (Assistant Secretary)
  • Compensation: $0
  • Related: $211,989
  • Other: $22,051
Where can I find the form 990 for The Abrasba Foundation?

The Abrasba Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Abrasba Foundation

The Abrasba Foundation, as stated, is dedicated to providing financial support for organizations that promote and deliver charitable and educational programs and services. In essence, this nonprofit entity aims to fund initiatives that enhance the well-being and knowledge of various communities. By offering financial aid, The Abrasba Foundation empowers these organizations to carry out their missions effectively, thereby making a positive impact on the lives of those they serve.

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Impact




October, 2024

The Abrasba Foundation significantly impacts the community by providing vital funding for organizations dedicated to promoting charitable and educational programs and services. Based in Los Angeles, California, it has established itself as a key player in enhancing the social fabric of the region. By supporting various initiatives, the foundation helps to foster a culture of philanthropy, empowering organizations to reach underserved populations and deliver critical services that may otherwise lack financial resources.

Through its targeted funding efforts, The Abrasba Foundation enables these organizations to develop and expand programs that educate, inspire, and uplift individuals within the community. This not only enriches the lives of recipients but also contributes to the overall strength and cohesion of the community, fostering an environment where learning and growth are prioritized. Its mission resonates within the broader context of social responsibility, demonstrating the vital role of philanthropy in addressing community needs and promoting positive change.




This information is meant to be a general summary of The Abrasba Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,686,464 (2022)
Expenses
$1,320,437 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $371,464
  • Gross Receipts: $12,676,063

Assets and Liabilities:

  • Total Assets: $16,529,162
  • Total Liabilities: $1,613,414
  • Net Assets: $14,915,748

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Organization Details

Founding Year

2002

Main Address

6505 WILSHIRE BLVD 1200, LOS ANGELES, CA, 90048

NTEE Category

Code: T119 - Philanthropy

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