Charitable foundations/trusts: L.A. county based; ranked by total assets in 2004.EXECUTIVE SUMMARY THE 25 largest charitable foundations headquartered 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 $25.9 billion worth of assets at the end of 2004, a $2.2 billion or 9 percent increase from a year earlier. 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, saw the biggest change, adding $810 million. The foundation, which focuses on health care, was established in 1996 with the creation of 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. It made 1,424 grants last year totaling $165.5 million. Two foundations on the list recently teamed up to start the Teacher Advancement A gift of money or property made by a person while alive to his or her child or other legally recognized heir, the value of which the person intends to be deducted from the child's or heir's eventual share in the estate after the giver's death. 15"ogram Foundation with a goal to train and attract schoolteachers. Lowell Lowell, city (1990 pop. 103,439), a seat of Middlesex co., NE Mass., at the confluence of the Merrimack and Concord rivers; settled 1653, set off from Chelmsford 1826, inc. as a city 1836. Milken Milk´en a. 1. Consisting of milk. , chairman of the Milken Family Foundation Milken Family Foundation is a charity trust established by Lowell Milken and Michael Milken in 1982. External links
Adj. 1. one-year - completing its life cycle within a year; "a border of annual flowering plants" annual phytology, botany - the branch of biology that studies plants . $5 million grant to the new foundation with an additional five-year, $5.3 million grant from the Broad Foundation (No. 4). No foundations reported decreased asset valuations. The Weingart Weingart is a German surname and may refer to:
Foundation, No. 8 this year, slipped past No. 9 City of Hope and Affiliates by increasing assets to $746.6 million. Numerous foundations on the list do not accept unsolicited un·so·lic·it·ed adj. Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions. unsolicited Adjective grant requests, including the Norton Simon Norton Winfred Simon (February 5, 1907-June 11993), in the United States was a millionaire industrialist and philanthropist based in California. A significant art collector, he is the namesake of the Norton Simon Museum in Pasadena, California. Foundations and the Wasserman Wasserman - A.I. Wasserman (Tony), president of IDE. Foundation. Overall, the 25 largest foundations in L.A. County made more than 11,300 grants in 2004. --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 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. FOUNDED in 1982, the trust supports research, conservation and 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 (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. 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 (formerly Getty Grant Program). The Getty Foundation changed its name to honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. the 20th anniversary of its 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: activities. It has made more than $220 million in grants for 3,600 projects in 175 countries. Assets rose 5 percent for the year ended June June: see month. 30. 2004, to $9.6 billion. The Getty Foundation made 1,384 grants last year totaling $16.9 million. Grants generally range from $25 to $250,000. Projects include plans to inventory the Los Angeles County Museum of Art The Los Angeles County Museum of Art, also known as LACMA, is the official and world-renowned art museum of the County of Los Angeles, California, located on Wilshire Boulevard along Museum Row in the Miracle Mile vicinity of Los Angeles. archives archives Repository for an organized body of records. Archives are produced or received by a public, semipublic, institutional, or business entity in the transaction of its affairs and are preserved by it or its successors. and make them publicly available. The Getty Foundation also funded a project to catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. the National Portrait Gallery National Portrait Gallery can refer to:
Last summer, the foundation marked the 12th anniversary of its Multicultural mul·ti·cul·tur·al adj. 1. Of, relating to, or including several cultures. 2. Of or relating to a social or educational theory that encourages interest in many cultures within a society rather than in only a mainstream culture. Undergraduate Internship internship /in·tern·ship/ (in´tern-ship) the position or term of service of an intern in a hospital. internship, n the course work or practicum conducted in a professional dental clinic. Program, which has provided $6 million to support college students of diverse cultural backgrounds in positions at 126 visual arts institutions in the Los Angeles County. --David Nusbaum
Rank Foundation (Rank in 2004) 2004
* name
* address
1 J. Paul Getty Trust (1) $9,642.4
1200 Getty Center Drive
Los Angeles 90040
2 California Endowment (2) 3,572.4 (1)
21650 Oxnard St., Suite 1200
Woodland Hills 91367
3 Norton Simon Foundations (3) (2) 1,898.7 (3)
411 W. Colorado Blvd.
Pasadena 91105
4 Broad Foundations (4) (5) 1,300
10900 Wilshire Blvd., 12th Floor
Los Angeles 90024
5 W.M. Keck Foundation (5) 1,260.8
550 S. Hope St., Suite 2500
Los Angeles 90071
6 California Wellness Foundation (6) 1,044.4
6320 Canoga Ave., Suite 1700
Woodland Hills 91367
7 Ahmanson Foundation (7) 890.4
9215 Wilshire Blvd.
Beverly Hills 90210
8 Weingart Foundation (9) 746.6
1055 W. Seventh St., Suite 3050
Los Angeles 90017
9 City of Hope and Affliates (8) (7) 744
1500 E. Duarte Road
Duarte 91010
10 California Community Foundation (10) 671
445 S. Figueroa St., Suite 3400
Los Angeles 90071
11 Jewish Community Foundation (11) 550
6505 Wilshire Blvd., Suite 1200
Los Angeles 90048
12 Rose Hills Foundation (12) 384
444 S. Flower St., Suite 1450
Los Angeles 90071
13 Ralph M. Parsons Foundation (13) 367.5
1055 Wilshire Blvd., Suite 1701
Los Angeles 90017
14 QueensCare (14) 364
1300 N. Vermont Ave., Suite 1002
Los Angeles 90027
15 Colburn Foundations (16) (8) 334.3 (10)
1000 Wilshire Blvd., Suite 340
Los Angeles 90017
16 Whittler Family Foundations (17) 318.6
625 Fair Oaks Ave., Suite 360
South Pasadena 91030
17 UniHealth Foundation (15) 291.7
800 Wilshire Blvd., Suite 1300
Los Angeles 90017
18 Milken Family Foundation (21) 239.1
1250 Fourth St.
Santa Monica 90401
19 Thomas and Dorothy Leavey Foundation (20) 233 (3)
10100 Santa Monica Blvd., Suite 610
Los Angeles 90067
20 Dan Murphy Foundation (22) 218 (3)
P.O. Box 711267
Los Angeles 90071
21 Wasserman Foundation (19) 208
12100 W. Olympic Blvd., Suite 400
Los Angeles 90064
22 Kenneth T. & Eileen L. Norris Foundation (23) 171.3
11 Golden Shore, Suite 450
Long Beach 90802
23 Fletcher Jones Foundation 167.8
523 W. Sixth St., Suite 301
Los Angeles 90014
24 Carrie Estelle Doheny Foundation (24) 160
707 Wilshire Blvd., Ste. 4960
Los Angeles 90017
25 Amateur Athletic Foundation of L.A. (25) 148
2141 W. Adams Blvd.
Los Angeles 90018
Rank 2003 Number of Grant Range
Grants Awarded
in 2004
* value
(millions)
1 $9,100.2 1,384 $25-$250,000
$16.9
2 2,762.6 (1) 1,424 25,000-300,000
165.5
3 1,898.7 WND WND
WND
4 1,100 420 100-100,000,000
58
5 1,260.8 252 100,000-1,000,000
60
6 1,044.4 NA NA
NA
7 832.1 439 15,000-50,000
34.1
8 650 460 1,000-750,000
34.2
9 685 182 288,600 (8)
52.5
10 560.5 4,948 50,000-250,000
61
11 476 5,000+ 100-1,000,000
43
12 350 296 5,000-1,000,000
13.7
13 337.3 223 25,000-100,000
16.7
14 332.9 70 10,000-1,600,000
12.1
15 278.8 (11) WND WND
WND
16 263 600+ $5,000-$100,000
$15.5
17 279.6 111 20,000-500,000
13.3
18 222.2 400 1,000-100,000
16
19 233.2 WND WND
WND
20 218 WND WND
WND
21 197 WND WND
12
22 168.1 324 5,000-100,000
7.4
23 153.7 82 100,000-1,000,000
6.7
24 154 245 5,000-50,000
6
25 140 70 5,000-4500,000
3.2
Rank Fields of Interest Year
(partial list) Established
1 education, conservation and 1982
research in the visual arts
2 health 1996
3 create public interest and 1952 (4)
knowledge in fine arts
4 K-12 public education, contemporary art, 1967 (6)
medical research, civic projects
5 arts, culture, education, engineering, 1954
medical research, health care, science
6 diversity in health professions, environmental 1990
health, healthy aging, mental health,
teenage pregnancy prevention
7 arts, humanities, culture, education, 1952
health, youth and human services
8 children and youth, elderly, disabled, homeless, 1951
sick, poor and other disadvantaged, projects
benefiting the general community
9 biomedical research and treatment 1913
10 early education, employment, health, 1915
neighborhood revitalization,
affordable housing, arts
11 social services, education, religious life, 1954
health, arts, culture, civic life,
science, environment
12 education, culture and arts, social 1996
services, foster care, health
13 social impact, civics, culture, 1961
health, higher education
14 health care for medically uninsured 1998
residents of L.A. County
15 classical music, funds the Colburn School WND
16 education, youth, children, families, 1950
medical and scientific research, arts
17 health care, community health 1998
improvement, health care systems
enhancement, work force development
18 education, medical research, health care, 1986
community services, human welfare
19 education, medicine, welfare, 1952
youth, community
20 charities of the Roman Catholic Church 1957
21 education, health, welfare, Jewish life 1952
22 medicine, education, science, youth, 1963
community, culture
23 private, independent higher educational 1969
institutions in California
24 aid to needy, education, health and 1949
welfare, medicine, religion
25 youth sports programs 1982
Rank Top Local Executive
* name
* title
* phone
1 Barry Munitz
ceo, president
(310) 440-7300
2 Robert K. Ross, M.D.
ceo, president
(800) 449-4149
3 Ronald H. Dykhuizen
vice president
(626) 449-6840
4 Eli Broad
founder
(310) 954-5000
5 Robert A. Day
chairman, ceo, president
(213) 680-3833
6 Gary L. Yates
ceo, president
(818) 593-6600
7 Robert H. Ahmanson
president
(310) 278-0770
8 William D. Schulte
chairman, ceo
(213) 688-7799
9 Michael A. Friedman
ceo, president
(626) 359-8111
10 D. Courtney/A. Hernandez
chairwoman/ceo, president
(213) 413-4130
11 Marvin I. Schotland
ceo, president
(323) 761-8700
12 Jack R. Borsting
chairman
(213) 439-9690
13 Joseph G. Hurley
president
(213) 482-3185
14 Terry A. Bonecutter
ceo, president
(323) 953-7333
15 Allison Sampson
executive director
(213) 4552-4300
16 Linda J. Blinkenberg
director of foundations
(626) 441-5188
17 Mary Odell
president
(213) 630-6500
18 Lowell Milken
chairman
(310) 570-4800
19 Kathleen L. McCarthy
chairwoman
(310) 551-9936
20 Daniel J. Donohue
president
(213) 623-3120
21 Casey Wasserman
chairman, ceo
(310) 407-0200
22 Lisa D. Hansen
chairwoman
(562) 435-8444
23 Peter K. Barker
president
(213) 943-4646
24 Robert A. Smith III
chairman
(213) 488-1122
25 Anita L. DeFrantz
president
(323) 730-4600
NA--Not Available
WND--Would Not Disclose
(1) Calendar year figures. Fiscal year ends Feb. 28.
(2) Includes Norton Simon Art Foundation and Norton Simon Foundation.
(3) Asset figures from fiscal year 2003 and are the most current
available.
(4) Year Norton Simon Foundation established.
(5) Includes Broad Foundation, Eli & Edith L. Broad Foundation, Broad
Art Foundation.
(6) Year Eli & Edythe L. Broad foundation established.
(7) Includes City of Hope, City of Hope National Medical Center and
Beckman Research Institute of the City of Hope.
(8) Average grant size.
(9) Includes the Colburn Music Fund and the Colburn Foundation.
(10) For Colburn Music Fund fiscal year ended June 30, 2004 and Colburn
Foundation fiscal year ended Dec. 31, 2003.
(11) For Colburn Music Fund fiscal year ended June 30, 2003 and Colburn
Foundation fiscal year ended Dec. 31, 2002.
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] 2005 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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