Charitable foundations/trusts: L.A. County based; ranked by total assets in 2001. (Rich in L.A. -- The Commonplace Millionaires).EXECUTIVE SUMMARY THE Top 25 charitable foundations 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 saw a substantial decline in their assets during 2001, falling 9.9 percent, to $21 billion from $23.3 billion in 2000. Of the 25 foundations and trusts on the list, 19 saw their asset bases decline, including The Rose Hills Foundation, which fell to No. 12, with a $19.8 million drop in assets, and the Amateur amateur, in sports, one who engages in athletic competition without material recompense. Upper-class Englishmen in the 19th cent. used the concept to help define their social status, first applying the term to sportsmen who did not need to work with their hands as Athletic athletic (athlet´ik), adj pertaining to a bodily constitution characterized by a strong, muscular, robust appearance. athletic injuries, n. Foundation of L.A., which slipped to No. 21, with a $25 million decrease. Still, the big got bigger. The 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. , by far the largest in L.A. County, saw its asset value increase to $10.9 billion in 2001, from $10.4 billion in 2000. Four foundations joined this year's list: The Broad Foundation; QueensCare, a foundation for uninsured and low-income low-in·come adj. Of or relating to individuals or households supported by an income that is below average. families; The Carrie Carrie is a female given name in English speaking countries, usually a pet form of Caroline. The name Carrie can refer to: Film, music, theatre, and television
EstPC Compiles Estelle into C. Doheny Foundation, which provides healthcare and education services; and the Eisner Foundation, founded by Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. Chief Executive Michael Eisner Michael Dammann Eisner (born March 7, 1942) was CEO of The Walt Disney Company from September 22, 1984 to September 30, 2005. Early life Michael Eisner was born to a wealthy family in Mt. Kisco, New York, and raised on Park Avenue in Manhattan. . On May 20, the Eisner Foundation gave $7 million to California State University, Northridge CSUN offers a variety of programs leading to bachelor's degrees in 61 fields and master's degrees in 42 fields. The university has over 150,000 alumni. It's also home to a summer musical theater/theater program known as TADW (TeenAge Drama Workshop) that leads teenagers through an , the largest donation donation n. gift. If made to a qualified non-profit charitable, religious, educational or public service organization, it may be deductible as a contribution in calculating income tax. DONATION, contracts. the university has ever received. --Amanda Bronstad THE PACESETTER J. PAUL GETTY TRUST WHILE most of the charitable foundations in Los Angeles took a hit last year, none was larger than the decline in asset base of The J. Paul Getty Trust. The county's largest philanthropic phil·an·throp·ic also phil·an·throp·i·cal adj. 1. Of, relating to, or marked by philanthropy; humanitarian. 2. Organized to provide humanitarian or charitable assistance: organization posted a 17 percent decline in asset value, falling $1.5 billion to $8.8 billion. As a measure of its size, the decline alone is equal to half the value of the next largest entity, 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. . And while 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 awarded fewer grants during 2001 than 2000, the total value of those grants rose slightly, to $18.2 million from $17.9 million. The trust awarded 1,525 grants in 2001, down from 1,575 the year before. Grant sizes range from $3,400 to $750,000. The Trust, established in 1982, supports education, conservation and research in the visual arts visual arts npl → artes fpl plásticas visual arts npl → arts mpl plastiques visual arts npl → . In addition to outside endeavors, the Trust funds art purchases by 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. museum. In October October: see month. , it awarded $2 million in research grants to projects in 14 countries. In February February: see month. 2001, billionaire investor Ron Noun 1. Ron - a Chadic language spoken in northern Nigeria Bokkos, Daffo West Chadic - a group of Chadic languages spoken in northern Nigeria; Hausa in the most important member Burkle, founder of private investment group The Yucaipa Cos., was named to its board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. . -- Amanda (language) Amanda - A functional programming language derived mostly from Miranda with some small changes. Amanda was written by Dick Bruin and implemented on MS-DOS and NeXT. It is available as an interperator only. Bronstad [GRAPH graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers. OMITTED]
Education Leads
Colleges and universities receive the largest share of funding.
Religion 2%
Social Sciences 2%
International Affairs 3%
Science & Technology 3%
Environment & Animals 6%
Public/Society Benefit 11%
Arts & Culture 12%
Human Services 14%
Health 21%
Education 25%
Source: Foundation Giving Trends, 2002
Note: Table made from pie chart
Rank Foundation (Ranking in 2001) Assets Number of
* name (market value Grants
* address in millions) Awarded in 2001
* 2001
* 2000
1 J. Paul Getty Trust (1) $8,793.5 (1) 1,525
1200 Getty Center Drive $10,350
Los Angeles 90049
2 California Endowment (2) 3,400 891
21650 Oxnard St., 3,700
Suite 1200
Woodland Hills 91367
3 W.M. Keck Foundation (3) 1,263.9 64
550 S. Hope St., 1,533.7
Suite 2500
Los Angeles 90071
4 California Wellness 985.9 420
Foundation (4) 1,029.5
6320 Canoga Ave.,
Suite 1700
Woodland Hills 91367
5 Ahmanson Foundation (5) 785.6 492
9215 Wilshire Blvd. 964.4
Beverly Hills 90210
6 Weingart Foundation (6) 779.7 363
1055 W. 7th St., 873.9
Suite 3050
Los Angeles 90017
7 California Community 547.8 4,800
Foundation (7) 529.9
445 S. Figueroa St.,
Suite 3400
Los Angeles 90014
8 Broad Foundation 400 35
10900 Wilshire Blvd., 200
12th Floor
Los Angeles 90024
9 QueensCare 395.3 56
1300 N. Vermont Ave., 426.8
Suite 907
Los Angeles 90027
10 Jewish Community 362 WND
Foundation (10) 330
6505 Wilshire Blvd.,
Suite 1200
Los Angeles 90048
11 Ralph M. Parsons 323.1 246
Foundation (8) 356.2
1055 Wilshire Blvd.,
Suite 1701
Los Angeles 90017
12 The Rose Hills 316.1 313
Foundation (9) 335.9
444 S. Flower St.,
Suite 1450
Los Angeles 90071
13 Milken Family 271.7 (3) 391
Foundations (13) 274.4
1250 Fourth St.
Santa Monica 90401
14 Whittier Family 257.2 263
Foundations (12) 295.9
625 Fair Oaks Ave.,
Suite 360
South Pasadena 91030
15 Dan Murphy Foundation 222.5 83
(14) 245.3
P.O. Box 711267
Los Angeles 90011
16 Thomas and Dorothy Leavey $200 60
Foundation (11) $200
10100 Santa Monica Blvd.,
Suite 610
Los Angeles 90067
17 Carrie Estelle Doheny 191.4 389
Foundation 191.4
707 Wilshire Blvd.,
Suite 4960
Los Angeles 90017
18 Henry L. Guenther 185 (3) 47
Foundation (16) 193
2029 century Park East,
Suite 4392
Los Angeles 90067
19 Kenneth T. and Eileen L. 180.9 239
Norris Foundation (15) 199.8
11 Golden Shore,
Suite 450
Long Beach 90802
20 Fletcher Jones 157.3 61
Foundation (18) 164.5
624 S. Grand Ave.,
Suite 2920
Los Angeles 90017
21 Amateur Athletic 155 70
Foundation of L.A. (17) 180
2141 W. Adams Blvd.
Los Angeles 90018
22 S. Mark Taper Foundation (19) 136.5 (3) 55
12011 San Vicente Blvd., 145.4
Suite 400
Los Angeles 90049
23 Eisner Foundation 130 100
9401 Wilshire Blvd., 145
Suite 760
Beverly Hills 90212
24 B.C. McCabe Foundation (22) 117.4 (3) 75
8152 Painter Ave. #201 114.3
Whittier 90602
25 Joseph Drown Foundation (23) 92.4 161
1999 Ave. of the Stars, 107.2
Suite 1930
Los Angeles 90067
Rank Value of Grant Range Fields of Interest
Grants Awarded (partial list)
in 2001
(millions)
1 $18.2 $3,400 - $750,000 education, conservation
and research
in visual arts
2 231.4 25,000 - 500,000 health care,
work force,
diversity, cultural
3 50.6 150,000 - 2,000,000 sciences, engineering,
liberal arts,
medical research,
education
4 34.6 5,000 - 1,000,000 community health care,
environmental health,
teenage pregnancy
prevention, violence
prevention
5 32.6 15,000 - 35,000 education, arts and
humanities, medicine
and health, human
service program
6 29.4 1,000 - 1,000,000 student loans, social
services, health and
medicine, crisis
intervention,
education, community
youth programs
7 78.3 100 - 4,000,000 health care, early
education, peace
and justice,
arts and culture,
economic development,
neighborhood
revitalization
8 8.5 varies substantially K-12 public education
9 7.1 50,000 health care for
uninsured and low-income
families of Central
Los Angeles
10 43 1,000 - 100,000 education, health service,
Jewish organizations,
Israel, arts and
culture, social services
11 16 50,000 - 150,000 cultural and civic,
higher education,
health care, social
impact programs
12 11.3 1,000 - 1,000,000 education, social
services, arts and
culture, health
care, youth
activities
13 31.8 500 - 50,000 education, health care,
community services,
human welfare
14 12.1 varies substantially K-12 and post-secondary
education, youth
and families, medical
and scientific
research, arts
15 11.5 1,000 - 1,000,000 Roman Catholic
charities
16 6.9 $10,000-$100,000 education,
medicine, welfare,
youth
17 9.7 WND advanced education,
health care
and welfare, medicine,
religion
18 9.7 5,000-2,300,000 medical services,
youth services,
humanitarian and
community projects
19 9.1 5,000-2,000,000 medicine, science,
education, youth,
community projects,
culture
20 7.1 2,500-1,000,000 emphasis on private
colleges and
universities
21 4.1 5,000-50,000 youth sports
programs
22 6.4 5,000-1,000,000 health, education,
civic affairs,
social
services, arts,
environment
23 7.5 5,000-500,000 after-school programs,
learning differences,
K-12 public education,
parent education,
medical care
24 5 2,500-255,000 social service,
food service
associations, youth
development groups
25 5.3 5,000-250,000 education, medical and
scientific research,
community, health and
social services
Rank Year Top Local Executive
Established * name
* title
* phone
1 1982 D. Gardner/B. Munitz
chairman/president, ceo
(310) 440-7300
2 1996 Robert K. Ross
president, ceo
(800) 449-4149
3 1954 Robert A. Day
chairman, president, ceo
(213) 680-3833
4 1991 Gary L. Yates
president, ceo
(818) 593-6600
5 1952 Robert H. Ahmanson
president
(310) 278-0770
6 1951 Steven D. Broidy
chairman
(213) 688-7799
7 1915 J. Pisano/J. Shakely
chairman/president
(213) 413-4130
8 1999 Eli Broad
founder
(310) 954-5050
9 1998 Terry A. Bonecutter
president, ceo
(323) 953-7333
10 1954 Marvin I. Schotland
president, ceo
(323) 953-7333
11 1961 Joseph G. Hurley
president
(213) 482-3185
12 1996 J.C. Arque/V. Rogers
chairman/president
(213) 439-9690
13 1986 Lowell Milken
chairman, president
(310) 998-2800
14 1955 Linda J. Blinkenberg
director of foundations
(626) 441-5188
15 1957 Daniel J. Donohue
president
(213) 623-3120
16 1952 Kathleen McCarthy
chairwoman
(310) 551-9936
17 1949 Robert A. Smith III
president
(213) 488-1122
18 1956 W.D. Milliken
secretary
(310) 785-0658
19 1963 Harlyne J. Norris
chairman
(562) 435-8444
20 1969 Christine Sisley
executive director,
treasurer
(213) 943-4646
21 1982 John Argue
chairman
(562) 435-8444
22 1989 Janice Taper Lazerof
president
(310) 777-3640
23 1996 Jane B. Eisner
president
(310) 777-3640
24 1976 R. Miller./J.
Shepard
co-trustees
(562) 696-1433
25 1953 Norman C. Obrow
president
(310) 277-4488
WND - Would not disclose.
(1) Estimated value less pending payables and receivables.
(2) Estimated.
(3) Asset figures and grant information are from the fiscal year 2000
and are the most current available.
Figures and grant information were taken from FDNCENTER.ORG Web Site.
Lund Foundation ranked No. 20 on the list last year may have qualified
for the list but failed to submit their data.
Note: Unless otherwise noted, the information on this list was supplied
by representatives of the organizations themselves. Organizations are
ranked by the 2001 fair marked value of total assets.
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]2002 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 Natasha Prishva
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion