NonprofitsManhattan Beach Education Foundation Endowment Fund

Education

Manhattan Beach Education Foundation Endowment Fund

MANHATTAN BCH, CA

Total revenue

$3.2M

Total expenses

$1.3M

Net assets

$26.5M

Grants received

$4.5M

23 grants

EIN

453552314

Tax year

2023

Mission

The manhattan beach education foundation endowment fund provides the manhattan beach education foundation with a continuing and sustainable funding source that will expand and enhance the quality of public education in manhattan beach, now and for generations to come.

Financials

FY 2023

Revenue

Contributions & grants$1.3M
Program service revenue
Investment income$1.9M
Other revenue
Total revenue$3.2M

Expenses

Grants paid$1.2M
Salaries & benefits
Fundraising$48K
Other expenses$76K
Total expenses$1.3M
Total assets$26.6M
Net assets$26.5M

People

9 listed

NameRoleCompensation

ROGER SPENCER

PRESIDENT

Board

1 hrs/wk

MITCHELL OZAWA

TREASURER

Board

5 hrs/wk

RICH WEISS

CIO

Board

5 hrs/wk

GEOFF BREMER

DIRECTOR

Board

1 hrs/wk

MIKE DUCKWORTH

DIRECTOR

Board

1 hrs/wk

ALICE KUO

DIRECTOR

Board

1 hrs/wk

JERI VICK

DIRECTOR

Board

1 hrs/wk

HILARY MAHAN

EXECUTIVE DIRECTOR

Board

20 hrs/wk

DAVID BRENNAN

DIR. OF DEVELOPMENT & PARTNERSHIP

Staff

16 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$3K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$3K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1.0M
ANNUAL CONTRIBUTION TO ENDOWMENT FUND
2023
$62K
ENVIRONMENT, ANIMALS
2023
$7K
For grant recipient's exempt purposes
2023
$852K
ANNUAL CONTRIBUTION TO ENDOWMENT FUND
2022
$4K
MATCHING GIFTS TO EDUCATION
2022
$984K
ANNUAL CONTRIBUTION TO ENDOWMENT FUND
2021
$9K
For grant recipient's exempt purposes
2021
$9K
For grant recipient's exempt purposes
2021
$9K
CHARITABLE DONATION
2021
$327K
ANNUAL CONTRIBUTION TO ENDOWMENT FUND
2020
$7K
For grant recipient's exempt purposes
2020
$124K
ANNUAL CONTRIBUTION TO ENDOWMENT FUND
2019
$7K
For grant recipient's exempt purposes
2019
$6K
For grant recipient's exempt purposes
2018
$973K
ANNUAL CONTRIBUTION TO ENDOWMENT FUND
2017
$25K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$16K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$4.5M from 7 funders · 23 grants · 2017–2024

Manhattan Beach Education Foundation

$4.3M · 6 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$70K · 7 grants · 2017–2023

National Philanthropic Trust

$62K · 1 grant · 2023

Donor Advised Charitable Giving Inc

$29K · 3 grants · 2017–2023

American Online Giving Foundation Inc

$23K · 2 grants · 2021–2022

Fidelity Foundation

$10K · 3 grants · 2022–2024

Charities Aid Foundation America

$9K · 1 grant · 2021

Details

EIN453552314
NTEE codeB12
Subsection03
Ruling date2012-10
Formed2011
Employees0
Volunteers10
MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND — Mission, Financials & Grants Received | Grantivo