Charitable foundations/trusts: L.A. County based; ranked by total assets in 2005.EXECUTIVE SUMMARY THE 25 largest private and community foundations/trusts in 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. County held $27.6 billion in assets at the end of 2005, a $1.8 billion increase from the previous year. The Conrad N. Hilton Hil·ton , Conrad Nicholson 1887-1979. American hotel-chain organizer who acquired hotels in many American cities and in 1946 founded the Hilton Hotel Corporation. Fund reported the largest increase in assets, up $286 million to $2.4 billion. The Los Angeles-based foundation was established by the hotel entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. and received the bulk of his estate upon his death in 1979. The foundation gives an annual $1.5 million prize to a charitable or non-governmental organization “NGO” redirects here. For other uses, see NGO (disambiguation). A non-governmental organization (NGO) is a legally constituted organization created by private persons or organizations with no participation or representation of any government. that has made extraordinary contributions toward alleviating human suffering anywhere in the world. The California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). 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. , No. 2 this year, added $260 million in assets, bringing its total to $3.8 billion. The foundation, which focuses on health care, was established in 1996 when Wellpoint Noun 1. wellpoint - a perforated tube driven into the ground to collect water from the surrounding area well point tube, tubing - conduit consisting of a long hollow object (usually cylindrical) used to hold and conduct objects or liquids or gases Health Networks Inc., which has since been acquired, changed its status to become a for-profit for-prof·it adj. Established or operated with the intention of making a profit: a for-profit organization. operation. It made 1,425 grants last year for $165 million. Overall, the 25 largest foundations made more than 16,700 grants in 2005. --David Nusbaum Nusbaum is a village in the district Bitburg-Prüm in Rhineland-Palatinate, Germany, situated in the southern part of the Eifel. Links
THE PACESETTER 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 THE Getty Trust had a mixed year. Barry Barry, Welsh Barri, town (1991 pop. 45,053) and port, Vale of Glamorgan, S Wales, on the Bristol Channel. Once a major coal-exporting port, its more diversified export products include cement, flour, and steel products. Munitz resigned as president in the wake of a scandal Scandal See also Controversy. Scapegoat (See DUPERY.) Abélard, Peter (1079–c. 1144) French theologian takes Héloïse, abbess, as lover; marries her in secret. [Fr. Hist. , and the Getty Villa The Getty Villa in Pacific Palisades, USA, is part of the J. Paul Getty Museum. The Getty Villa is an educational center and museum dedicated to the study of the arts and cultures of ancient Greece, Rome and Etruria. reopened in Malibu after a $275 million renovation. Munitz was accused of lavishly spending trust money on personal items such as a Porsche
Dr. Ing. h.c. F. Porsche AG, often shortened to Porsche AG, or just Porsche, is a German manufacturer of automobiles. SUV and international travel. He repaid $250,000 and forfeited for·feit n. 1. Something surrendered or subject to surrender as punishment for a crime, an offense, an error, or a breach of contract. 2. Games a. severance pay Severance Pay Compensation that an employer gives to someone who is about to lose their job. Notes: Severance pay is not always paid to employees. It depends on the situation in which the employee is losing their job and whether legislation requires severance to be paid. and benefits worth more that $1.2 million. Deborah Deborah (dĕb`ōrə), in the Bible, prophetess and judge of Israel, the only woman to hold that office. Under her guidance Barak conquered Sisera and delivered Israel from the oppression of the Canaanite King Jabin. Marrow marrow: see bone marrow. was named interim president. Founded in 1982, the trust supports research, conservation, education and professional development related to the visual arts visual arts npl → artes fpl plásticas visual arts npl → arts mpl plastiques visual arts npl → and art history. There are four main programs: the J. Paul Getty Jean Paul Getty (December 15, 1892 – June 6, 1976) was an American industrialist and founder of the Getty Oil Company. Biography Born in Minneapolis, Minnesota, into a family already in the petroleum business, he was one of the first people in the world with a Museum, the Getty Research Institute, the Getty Conservation Institute and the Getty Foundation The Getty Foundation is part of the J. Paul Getty Trust, based in California, USA. It is a grant-awarding body, providing funding for scholarly research in the history of art, conservation of art collections, historic buildings, and archaeological sites, and support for training of . In February February: see month. , the Getty Foundation established a fund for New Orleans For New Orleans: A Benefit For The Musicians' Village Habitat For Humanity is an American benefit double-disc CD, with tracks from Minnesota artists, and national artists. with a $2 million grant that will allow non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. to apply for support in the areas of conservation and transition planning as they recover from hurricane hurricane, tropical cyclone in which winds attain speeds greater than 74 mi (119 km) per hr. Wind speeds reach over 190 mi (289 km) per hr in some hurricanes. devastation. The 64-acre Getty Villa, which was built in 1974, reopened in January January: see month. . It had been closed since 1997. It is now an educational center and museum dedicated to the study of the arts and cultures of ancient Greece The term ancient Greece refers to the periods of Greek history in Classical Antiquity, lasting ca. 750 BC[1] (the archaic period) to 146 BC (the Roman conquest). It is generally considered to be the seminal culture which provided the foundation of Western Civilization. , Rome Rome, city, Italy Rome, Ital. Roma, city (1991 pop. 2,775,250), capital of Italy and see of the pope, whose residence, Vatican City, is a sovereign state within the city of Rome. , and Etruria Etruria (ĭtr  r`ēə), ancient country, W central Italy, now forming Tuscany and part of Umbria. It was the territory of the Etruscans, who in the 6th cent. B.C. ; the Villa villa. Although used to designate any country residence, especially in Italy and S France, the term villa particularly refers to a type of pleasure residence with extensive grounds favored by the Romans and richly developed in Italy in the Renaissance. evokes the classical, world in its
architecture, landscape, and gardens. The Villa comprises 29 galleries
featuring 1,200 objects from the Museum's antiquities Antiquities, nearly always used in the plural in this sense, is a term for objects from Antiquity, especially the civilizations of the Mediterranean: the Classical antiquity of Greece and Rome, Ancient Egypt and the other Ancient Near Eastern cultures. collection
and other exhibitions. Admission to the Getty's museums is always
free.--David Nusbaum
Rank Foundation (Ranking in 2005) Assets Number
* name (millions) of Grants
* address * 2005 Awarded
* Web site * 2004 2005
1 J. Paul Getty Trust (1) $8,600 N/A
1200 Getty Center Drive $8,600
Los Angeles 90040
getty.edu
2 The California Endowment (2) 3,832.1 1,425
1000 N. Alameda St. 3,572.4
Los Angeles 90012
calendow.org
3 Conrad N. Hilton Foundation 2,400.8 N/A
10100 Santa Monica Blvd., Suite 1000 2,114.9
Los Angeles 90067
hiltonfoundation.org
4 Broad Foundations (1) (4) 2,070 430
10900 Wilshire Blvd., 12th Floor 1,300
Los Angeles 90024
broadfoundation.com
5 Norton Simon Foundations (2) (3) 1,907.2 (3) N/A
411 W. Colorado Blvd. 1,907.2
Pasadena 91105
nortonsimon.org
6 W.M. Keck Foundation (5) 1,307.5 (3) 182
550 S. Hope St., Suite 2500 1,307.5
Los Angeles 90071
wmkeck.org
7 California Wellness Foundation 1,100 434
6320 Canoga Ave., Suite 1700 1,095.7
Woodland Hills 91367
tcwf.org
8 Ahmanson Foundation (7) 938.3 511
9215 Wilshire Blvd. 890.4
Beverly Hills 90210
theahmansonfoundation.org
9 Weingart Foundation (8) 795.8 452
1055 W. Seventh St., Suite 3050 746.6
Los Angeles 90017
weingartfnd.org
10 California Community Foundation (10) 762.7 5,822
445 S. Figueroa St., Suite 3400 671
Los Angeles 90071
calfund.org
11 Jewish Community Foundation (11) 600 6,300
6505 Wilshire Blvd., Suite 1200 550
Los Angeles 90048
jewishfoundationla.org
12 Rose Hills Foundation (12) 417.5 300
444 S. Flower St., Suite 1450 384
12 Los Angeles 90071
rosehillsfoundation.org
13 Ralph M. Parsons Foundation (13) $388.6 (4) 221
1055 Wilshire Blvd., Suite 1701 $367.5
Los Angeles 90017
parsonsfoundation.org
14 Colbum Foundations (5) (15) 365 N/A
1000 Wilshire Blvd., Suite 340 348
Los Angeles 90017
N/A
15 UniHealth Foundation (17) 302.6 126
800 Wilshire Blvd., Suite 1300 291.7
Los Angeles 90017
unihealthfoundation.org
16 Milken Family Foundation (18) 255 N/A
1250 Fourth St. 239.1
Santa Monica 90401
mff.org
17 Thomas and Dorothy Leavey 233.2 (3) N/A
Foundation (19) 233.2
10100 Santa Monica Blvd., Suite 610
Los Angeles 90067
N/A
18 Dan Murphy Foundation (20) 228.6 95
P.O. Box 711267 218
Los Angeles 90071
N/A
19 Wasserman Foundation (21) 213 (3) N/A
10100 Santa Monica Blvd., Suite 1300 213
Los Angeles 90067
wassermanfoundation.org
20 Kenneth T. & Eileen L. Norris 175.2 296
Foundation (22) 171.3
11 Golden Shore, Suite 450
Long Beach 90802
ktn.org
21 Carrie Estelle Doheny 165 N/A
Foundation (24) 160
707 Wilshire Blvd., Ste. 4960
Los Angeles 90017
N/A
22 Fletcher Jones Foundation (23) 164.5 24
523 W. Sixth St., Suite 301 167.8
Los Angeles 90014
fletcherjonesfdn.org
23 Amateur Athletic Foundation of 157 87
L.A. (25) 148
2141 W. Adams Blvd.
Los Angeles 90018
aafla.org
24 Fritz B. Burns Foundation 155.8 (3) N/A
4001 W. Alameda Ave., Suite 203 155.8
Burbank 91505
N/A
25 The Eisner Foundation 130 N/A
9401 Wilshire Blvd., Suite 760 131
Beverly Hills 90212
michaeleisner.com
Rank Value of Grants Grant Range Fields of Interest
Awarded 2005 (partial list)
(millions)
1 N/A $1,000-$500,000 education, conservation
and research in the
visual arts
2 165.4 25,000-300,000 health
3 N/A N/A human services
4 79.6 100-100,000,000 K-12 public education,
contemporary art,
medical research,
civic projects
5 N/A N/A create public interest
and knowledge in fine
arts
6 37.5 100,000-1,000,000 arts, culture,
education, engineering,
medical research, health
care, science
7 48.2 N/A diversity in health
professions,
environmental health,
healthy aging, mental
health, teenage
pregnancy prevention,
violence prevention
8 46 15,000-50,000 arts, humanities,
culture, education,
health, youth and
human services
9 32 1,000-750,000 children and youth,
elderly, disabled,
homeless, sick, poor
and other disadvantaged,
projects benefiting the
general community
10 94.4 N/A arts & human
development, education,
health care, neigh-
borhood revitalization
11 58 100-1,000,000 social services,
education, religious
life, health, arts,
culture, civic life,
science, environment
12 15.6 5,000-1,000,000 education, culture and
arts, social services,
foster care, health
13 $21.6 $25,000-$100,000 social impact, civics,
culture, health,
higher education
14 N/A N/A classical music, funds
the Colburn School
15 14.6 20,000-500,000 health care, hospitals,
community health
improvement, health care
systems enhancement,
work force development
16 N/A 1,000-100,000 education, medical
research, health care,
community services,
human welfare
17 N/A N/A education, medicine,
welfare, youth,
community
18 11.9 1,000-2,500,000 charities of the Roman
Catholic Church
19 N/A N/A education, health,
welfare, Jewish life
20 7.6 5,000-150,000 medicine, education,
science, youth,
community, culture
21 N/A 5,000-50,000 aid to needy, education,
health and welfare,
medicine, religion
22 6.8 100,000-1,000,000 private, independent
higher educational
institutions in
California
23 3.7 4,000-450,000 youth sports programs
24 N/A N/A education
25 7 100,000 underserved children in
So. Cal.; after school
programs, learning
differences, K-12 public
education incorporating
the arts, parent
education
Rank Year Top Local Executive
Founded * name
* title
* phone
1 1982 Deborah Marrow
interim president
(310) 440-7300
2 1996 Robert K. Ross
ceo, president
(800) 449-4149
3 1944 Steven M. Hilton
president
(310) 556-4694
4 1967 Eli Broad
founder
(310) 954-5000
5 1952 Ronald H. Dykhuizen
vice president
(626) 449-6840
6 1954 Robert A. Day
chairman, ceo, president
(213) 680-3833
7 1990 Gary L. Yates
ceo, president
(818) 593-6600
8 1952 Robert H. Ahmanson
president
(310) 278-0770
9 1951 William D. Schulte
chairman, ceo
(213) 688-7799
10 1915 Dorothy Courtney
Antonia Hernandez
chairwoman/ceo, president
(213) 413-4130
11 1954 Marvin I. Schotland
ceo, president
(323) 761-8700
12 1996 Donald A. Mullane
chairman
(213) 439-9690
13 1961 Joseph G. Hurley
president
(213) 482-3185
14 N/A Allison Sampson
executive director
(213) 452-4300
15 1998 Mary Odell
president
(213) 630-6500
16 1986 Lowell Milken
chairman
(310) 570-4800
17 1952 Kathleen L. McCarthy
chairwoman
(310) 551-9936
18 1957 Daniel J. Donohue
president
(213) 623-3120
19 1952 Casey Wasserman
chairman, ceo
(310) 407-0200
20 1963 Lisa D. Hansen
chairwoman
(562) 435-8444
21 1949 Robert A. Smith III
chairman
(213) 488-1122
22 1969 Peter K. Barker
president
(213) 943-4646
23 1982 Anita L. DeFrantz
president
(323) 730-4600
24 N/A Joseph Rawlinson
president
(818) 840-8802
25 1996 Jane Eisner
Laura Hobart
president/exec. dir.
(310) 777-3640
N/A--Not Available
(1) Includes Broad Foundation, Eli & Edythe L. Broad Foundation,
Broad Art Foundation
(2) Includes Norton Simon Foundation and Norton Simon Art Foundation.
(3) Asset figure from 2004 is the most recent figure available.
(4) Estimated.
(5) Includes Colburn Foundation and Colburn Music Fund.
Note: The information on this list was obtained from 990-PF tax filings
and representatives of the organizations.
Foundations are ranked by the fair market value of assets for the most
recent fiscal year available.
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 sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [c] 2006 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Wright's Reprints, (877) 652-5295.
Researched by David Nusbaum
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