CHARITABLE FOUNDATIONS/TRUSTS.L.A. County based; ranked by total assets in 1999 [1] EXECUTIVE SUMMARY THE 25 establishments on this week's list, most of them set up by wealthy families, have combined assets of $20.9 billion. That's more than a 20 percent increase from last year's combined assets of $17.3 billion. Most of the foundations on the list have a very wide range of interests, including education, medical and scientific research, community services and the arts. Only a few of the organizations have a specific focus, such as the Pfaffinger Foundation, which gives assistance to employees and former employees of Times Mirror Co.; and the Dan Murphy Dan Murphy (born Daniel Murphy, on July 12, 1962 in Duluth, Minnesota) is best known as the guitarist for the band Soul Asylum. He is also a member of Golden Smog. History Foundation, which gives only to charities sanctioned by the Roman Catholic Church Roman Catholic Church, Christian church headed by the pope, the bishop of Rome (see papacy and Peter, Saint). Its commonest title in official use is Holy Catholic and Apostolic Church. . Most of these organizations attempt to keep as low a profile as possible to avoid unwanted solicitations for funds. They have established very specific and strict procedures for those filing grant applications. Boards are established to review requests and allocate To reserve a resource such as memory or disk. See memory allocation. funds. Several of these establishments give only to pre-selected organizations, while others have long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. commitments to which they contribute each year. THE PACESETTER J. PAUL GETTY TRUST The J. Paul Getty Trust is the world's wealthiest art institution with an estimated endowment of $5.8 billion. Based in Los Angeles, it operates two museums: the J. Paul Getty Museum in Brentwood and the Getty Villa in Malibu, California. Housed at the Getty Center Getty Center, art museum complex in Brentwood, Calif. operated by the J. Paul Getty Trust. It consists of six buildings on 124 acres (50 hectares) located on a spectacular promontory overlooking Los Angeles. in Brentwood Brentwood, city and district, England Brentwood, city (1991 pop. 51,212) and district, Essex, SE England. Brentwood is mainly residential but produces some agricultural equipment, film, and prefabricated concrete. , the J. Paul Getty Trust was established in 1953 by oil tycoon J. Paul (Setty. A perennial perennial, any plant that under natural conditions lives for several to many growing seasons, as contrasted to an annual or a biennial. Botanically, the term perennial No. 1 on the Business Journal's list of the top charitable trusts The arrangement by which real or Personal Property given by one person is held by another to be used for the benefit of a class of persons or the general public. in L.A. County, the Getty (operating system) getty - A Unix program which sets terminal type, modes, speed and line discipline for a serial port, and is used in the login process. Trust is one of the largest private operating foundations in the world. The Getty's assets are estimated to be about $8.7 billion, up from $8 billion in 1998. (Getty's actual 1999 financials will be released to the public June June: see month. 30.) While a majority of the trust's annual budget is spent on running the Getty Center and expanding the museum's art collection, the foundation also sponsors museum-based educational programs, grants, scholar-in-residence programs and internships, and makes donations to other museums and charitable organizations This article is about charitable organizations. For other uses of the word charity, see Charity. A charitable organization (also known as a charity) is an organization with charitable purposes only. . The Getty awarded an estimated $14.6 million in grants in 1999, a small percentage of the trust's $5.6 billion endowment A transfer, generally as a gift, of money or property to an institution for a particular purpose. The bestowal of money as a permanent fund, the income of which is to be used for the benefit of a charity, college, or other institution. . Museum expenditures have, of course, fallen since completion of the new Getty Center construction, although operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. have moderately increased to fund new public and professional programs. Some of the larger endowments given by the Getty in 1999 include grants to support the development of resources at the Australian National University Australian National University, located in Canberra and state-sponsored, founded 1946 as Australia's only completely research-oriented university. Originally limited to graduate studies, it expanded in 1960, merging with Canberra University College (est. 1929). , The Hebrew University of Jerusalem Hebrew University of Jerusalem Independent university in Jerusalem, Israel, founded in 1925. The foremost university in Israel, it attracts many Jewish students from abroad; Arab students also attend. , the Metropolitan Museum of Art in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and the Foundation Le Corbusier Le Corbusier (lə kôrbüzyā`), pseud. of Charles Édouard Jeanneret (shärl ādwär` zhänərā`), 1887–1965, French architect, b. La Chaux-de-Fonds, Switzerland. in France. Other grants include funding for the California Institute of the Arts California Institute of the Arts known as CalArts U.S. private institution of higher learning in Valencia. Created in 1961 through the merger of two other art institutes, it was the first in the U.S. and money to the Hebrew Union College The Hebrew Union College-Jewish Institute of Religion (also known as HUC, HUC-JIR, and The College-Institute) is the oldest Jewish seminary in the New World and the main seminary for training rabbis, cantors, educators and communal workers in Reform Judaism. for expansion of the Skirball Cultural Center  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . .
Rank Foundation Assets
* name (market value in
* address millions)
1 J. Paul Getty Trust $8,700 [2]
1200 Getty Center Drive
Los Angeles 90049
2 California Endowment 3,680
21650 Oxnard St., Suite 1200
Woodland Hills 91367
3 W.M. Keck Foundation [3] 1,556.8
550 S. Hope St., Suite 2500
Los Angeles 90071
4 California Wellness Foundation 1,108.1
6320 Canoga Ave., Suite 1700
Woodland Hills 91367
5 Ahmanson Foundation 940.8
9215 Wilshire Blvd.
Beverly Hills 90210
6 Weingart Foundation 853
1055 W. Seventh St., Suite 3050
Los Angeles 90017
7 California Community Foundation 525
445 S. Figueroa St., Suite 3400
Los Angeles 90014
8 Ralph M. Parsons Foundation 367.7
1055 Wilshire Blvd., Suite 1701
Los Angeles 90017
9 Whittier Family Foundations 331.7
625 Fair Oaks Ave., Suite 360
South Pasadena 91030
10 Jewish Community Foundation 317
5700 Wilshire Blvd., Suite 2000
Los Angeles 90036
11 Milken Family Foundations 285.9
1250 Fourth St.
Santa Monica 90401
12 Dan Murphy Foundation [3] 252.7
800 W. Sixth St.
Los Angeles 90071
13 Thomas and Dorothy Leavey Foundation [3] 252.6
4680 Wilshire Blvd.
Los Angeles 90010
14 Kenneth T. and Eileen L. Norris Foundation 213.5
11 Golden Shore, Suite 450
Long Beach 90802
15 Amateur Athletic Foundation of L.A. 212.5
2141 W. Adams Blvd.
Los Angeles 90018
Rank Number of Grants Value of Grant Range
Awarded in 1999 Grants Awarded in 1999
(millions)
1 NA $14.6 [2] $3,000 - $300,000
2 677 196.9 7,500-31,000,000
3 WND WND 100,000-750,000
4 472 45.4 10,000-75,000
5 509 49.7 10,000-25,000
6 434 53.9 1,000-250,000
7 3,000 59.7 500-500,000
8 221 19.5 10,000-1,000,000
9 280 9 varies substantially
10 WND 46.9 1,000-100,000
11 WND WND 500-50,000
12 78 13.1 1,000-1,000,000
13 WND WND 10,000-100,000
14 224 7.4 2,000-500,000
15 67 4.9 2,000-50,000
Rank Fields of Internet Year
(partial list) Established
1 education, conservation and research in 1982
the visual arts
2 health care 1996
3 sciences, engineering, liberal arts, med- 1954
ical research, education
4 community health, population health 1992
improvement, teenage pregnancy preven-
tion, violence prevention, work and health
5 education, the arts and humanities, 1952
medicine and health, human
service programs
6 student loans, social services, health and 1951
medicine, crisis intervention, education,
community youth programs
7 arts and culture, civic atfairs, community 1915
education, health and medicine, human
services
8 higher education, cultural and civic 1961
projects, health care, social impact
programs
9 K-12 and post secondary education, arts, 1955
medical/scientific research, youth
development
10 education, health services, Jewish 1954
organizations, Israel, arts & culture,
social services
11 education, health care, community 1986
services, human welfare
12 charities of the Roman Catholic Church 1957
Archdiocese ot Los Angeles
13 hospitals, medical research, education, 1952
Catholic church groups
14 hospitals, education, medical research, 1963
cultural programs, social services, child
welfare
15 youth sports programs, especially areas 1982
involving women, minorities and the
disabled
Rank Total Local Executive
* name
* title
* phone
1 R. Erburu/B. Munitz
chairman/ceo, president
(310) 440-7300
2 Lew Reid
ceo, president
(818) 703-3311
3 Robert Day
chairman, ceo, president
(213) 680-3833
4 Gary L. Yates
ceo, president
(818) 593-6600
5 Robert H. Ahmanson
president
(310) 278-0770
6 Steven Broidy
chairman
(213) 688-7799
7 Jack Shakely
president
(213) 413-7130
8 Joseph Hurley
president
(213) 482-3185
9 Linda J. Blinkenberg
director of foundations
(626) 441-5188
10 Marvin I. Schotland
ceo, president
(323) 761-8700
11 Lowell Milken
president
(310) 998-2800
12 Daniel J. Donohue
president
(213) 623-3120
13 Kathleen McCarthy
chairwoman
(323) 930-4252
14 Harlyne J. Norris
chairman
(562) 435-8444
15 John Argue
chairman
(323) 730-4600
16 Henry L. Guenther Foundation $193 47 $9.7 $5,000 - $2,300,000
2029 Century Park East, Suite 4392
Los Angeles 90067
17 Carrie Estelle Doheny Foundation [3] 181.7 WND WND 2,500 - 10,000
911 Wilshire Blvd., Suite 1750
Los Angeles 90017
18 Fletcher Jones Foundation 174.4 66 6.9 2,500 - 1,000,000
624 S. Grand Ave., Suite 2920
Los Angeles 90017
19 Fritz B. Burns Foundation [3] 146.9 101 5.4 2,500 - 100,000
4001 W. Alameda Ave., Suite 203
Burbank 91505
20 S. Mark Taper Foundation 145.5 64 5.7 5,000 - 1,000,000
12011 San Vicente Blvd., Suite 400
Los Angeles 90049
21 Lund Foundation 125.2 44 5.6 5,000 - 25,000
535 N. Brand Blvd.
Glendale 91203
22 B.C. McCabe Foundation 114.5 67 5.9 10,000 - 100,000
8152 Painter Ave., Suite 201
Whittier 90602
23 Joseph Drown Foundation [4] 107.1 149 5.3 5,000 - 250,000
1999 Ave. of the Stars, Suite 1930
Los Angeles 90067
24 Pfaffinger Foundation 91.8 677 2 5,000 - 35,000
Times Mirror Square, Suite 110
Los Angeles 90053
25 Ted Mann Foundation 86 53 3.8 5,000 - 50,000
1801 Century Park East, Suite 1920
Los Angeles 90067
16 medical services, youth services, 1956 George Koeberle
humanitarian and community projects president
(310) 785-0658
17 education, medicine, religion, science, 1949 Robert A. Smith III
family welfare president
(213) 488-1122
18 emphasis on private colleges and 1969 John P. Pollock
universities, particularly in California president
(213) 426-6565
19 education, hospitals and medical 1955 Joseph Rawlinson
research organizations, Roman Catholic president
religious associations (818) 840-8802
20 health, education, civic affairs, social 1989 Janice Taper Lazerof
services, arts, environment president
(310) 476-5413
21 youth, arts and culture, animal welfare, 1973 Victoria Lund
mental health president
(818) 291-4000
22 social service, food service associations, 1976 R. Miller/J. Shepard
youth development groups co-trustees
(562) 696-1433
23 education, medical/scientific research, 1953 Norman C. Obrow
community, health and social services, president.
arts and humanities (310) 277-4488
24 assistance to employees and former 1936 Steve Meier
employees of the Times Mirror Co. chairman
(213) 237-5743
25 education and medical 1984 Ted Mann
president
(310) 284-8528
WND WND Wind WND World Net Daily WND Waarnemend WND Wilson Disease Gene (genetic medicine) WND Will Not Disclose WND Waving Not Drowning WND Why Not Design (Citrus Heights, CA) -- Would not disclose. (1.)Unless otherwise noted. (2.)Estimated (3.)Asset figures and grant information are from the fiscal year 1998 and are the most current available. Figures and grant information were taken from The Foundation 1000 directory published by The Foundation Center, New York, NY, as well as from the Web site GrantSmart.org See .org. (networking) org - The top-level domain for organisations or individuals that don't fit any other top-level domain (national, com, edu, or gov). Though many have .org domains, it was never intended to be limited to non-profit organisations. RFC 1591. . (4.)Asset figures and grant information are from fiscal year 2000. Note: Unless otherwise noted, the information on this list was supplied by representatives of the organizations themselves. Organizations are ranked by fair marked value of total assets. The survey was completed during the week of May 15, 2000. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical errors typographical error - (typo) An error while inputting text via keyboard, made despite the fact that the user knows exactly what to type in. This usually results from the operator's inexperience at keyboarding, rushing, not paying attention, or carelessness. Compare: mouso, thinko. sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Business Journal, 5700 Wilshire Not to be confused with Wiltshire. Wilshire may refer to:
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