NonprofitsTorrance Education Foundation

Education

Torrance Education Foundation

TORRANCE, CA

Total revenue

$1.0M

Total expenses

$621K

Net assets

$1.7M

Grants received

$2.3M

18 grants

EIN

330506936

Tax year

2023

Mission

This foundation is set up to provide financial support to the public schools in the torrance unified school district in order to provide a high quality of public education.

Programs

2 programs

Grants given to enhance various educational programs at schools in the torrance unified school district.

Expenses: $268KGrants: $268K

Scholarships to 18 graduating seniors in the torrance unified school district.

Expenses: $31KGrants: $31K

Financials

FY 2023

Revenue

Contributions & grants$295K
Program service revenue$319K
Investment income$5K
Other revenue$413K
Total revenue$1.0M

Expenses

Grants paid$299K
Salaries & benefits$234K
Fundraising$9K
Other expenses$88K
Total expenses$621K
Total assets$1.9M
Net assets$1.7M

People

4 listed

NameRoleCompensation

PATRICK FUREY

President

Board

8 hrs/wk

EUNICE LEE

Treasurer

Board

10 hrs/wk

EMI MORIMOTO

Vice President

Board

8 hrs/wk

PATRICK LEFEVRE

Secretary

Board

8 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$237K
GENERAL SUPPORT
2024
$1.1M
GENERAL SUPPORT
2023
$150
GENERAL OPERATING SUPPORT - MATCHING
2023
$384K
GENERAL SUPPORT
2022
$218K
GENERAL SUPPORT
2022
$5K
GENERAL OPERATING SUPPORT
2022
$5K
SUPPORT FOR SCHOOL LIBRARY
2022
$150
GENERAL OPERATING SUPPORT - MATCHING
2022
$100
GENERAL SUPPORT
2022
$3K
GENERAL OPERATING SUPPORT
2021
$249K
GENERAL SUPPORT
2020
$10K
PROGRAM SUPPORT FOR 2020-21 STEM-FOCUSED PROGRAMS FOR STUDENTS IN THE TORRANCE UNIFIED SCHOOL DISTRICT
2020
$5K
GENERAL OPERATING SUPPORT
2020
$150
GENERAL OPERATING SUPPORT
2020
$1K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$2.3M from 8 funders · 18 grants · 2018–2024

Skechers Foundation

$2.2M · 5 grants · 2020–2024

American Online Giving Foundation Inc

$22K · 2 grants · 2019–2020

The Mericos Foundation

$13K · 3 grants · 2020–2022

Air Products Foundation

$10K · 1 grant · 2020

Marcil Family Foundation

$5K · 1 grant · 2022

The Bank of America Charitable Foundation Inc

$2K · 2 grants · 2018–2020

The Crail-Johnson Foundation

$450 · 3 grants · 2020–2023

American Express Foundation

$100 · 1 grant · 2022

Details

EIN330506936
NTEE codeB90Z
Subsection03
Ruling date1996-11
Formed1992
Employees28
Volunteers70
TORRANCE EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo