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Los Angeles Philanthropic Foundation

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

EIN: 956048122 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Los Angeles Philanthropic Foundation?

The Los Angeles Philanthropic Foundation, situated in Los Angeles, California, is a nonprofit organization that has been serving the community since 1951. Its primary mission is to provide scholarships to students enrolled in privately endowed colleges and universities situated within Southern California. By offering these scholarships, the foundation aims to empower students and equip them with the necessary resources to excel in their higher education journey. The foundation's activities are centered around this mission, striving to make higher education more accessible and affordable for deserving students in the region.


Official website here: www.laphilanthropic.org

Is Los Angeles Philanthropic Foundation legitimate?

Los Angeles Philanthropic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Philanthropic 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


Official website here: www.laphilanthropic.org

What is the mission statement of Los Angeles Philanthropic Foundation?

The Los Angeles Philanthropic Foundation's mission is centered around providing support for students in privately endowed colleges and universities in Southern California. Specifically, the foundation aims to distribute scholarships to these institutions. Since its establishment in 1951, the foundation has been instrumental in aiding thousands of students in their higher education pursuits by providing scholarship funds.


Official website here: www.laphilanthropic.org

Who is the CEO of Los Angeles Philanthropic Foundation?

Tim Philen is the President of Los Angeles Philanthropic Foundation.


Official website here: www.laphilanthropic.org

What is the revenue of Los Angeles Philanthropic Foundation?

Los Angeles Philanthropic Foundation's revenue in 2022 was $104,072.


Official website here: www.laphilanthropic.org

Who are the executives of Los Angeles Philanthropic Foundation and what are their salaries?


Here are 8 key members and their salaries:


Tim Philen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherwood C Kingsley Cpa (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nassour Iii (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cantrell (Vice President/Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wolfgang Kupka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Mcintyre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Eddy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Hutzler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laphilanthropic.org

Where can I find the form 990 for Los Angeles Philanthropic Foundation?

Los Angeles Philanthropic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.laphilanthropic.org

Learn more at the official website: www.laphilanthropic.org

Mission Statement of Los Angeles Philanthropic Foundation

Los Angeles Philanthropic Foundation, a renowned organization, is committed to a noble mission. Its primary goal is to provide the necessary resources for students attending privately endowed colleges and universities in Southern California, ensuring their success in higher education. To achieve this mission, the foundation extends scholarships to these institutions, aiding numerous students since its establishment in 1951. By offering scholarship funds, Los Angeles Philanthropic Foundation supports the academic journeys of countless students, enabling them to pursue their educational aspirations effectively.

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Impact




October, 2024

The Los Angeles Philanthropic Foundation has significantly impacted higher education in Southern California by providing essential scholarship funds to students enrolled in privately endowed colleges and universities. Since its inception in 1951, the foundation has empowered thousands of students to achieve their educational goals, enhancing their opportunities for success in the workforce and society. By alleviating some of the financial burdens associated with higher education, the foundation enables deserving individuals to focus more on their studies and personal development, fostering a more educated and skilled community. Through its commitment to supporting education, the foundation contributes to the broader mission of creating equitable access to learning and improving the long-term prospects for students in the region.




This information is meant to be a general summary of Los Angeles Philanthropic 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
$104,072 (2022)
Expenses
$185,074 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101,672
  • Gross Receipts: $192,742

Assets and Liabilities:

  • Total Assets: $3,462,797
  • Total Liabilities: $0
  • Net Assets: $3,462,797

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Organization Details

Founding Year

1951

Principal Officer

Tim Philen

Main Address

10680 WEST PICO BOULEVARD 360, LOS ANGELES, CA, 90064

NTEE Category

Code: B820 - Education

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