Tikun Olam Foundation in Los Angeles, California (CA)

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Tikun Olam Foundation
Employer Identification Number (EIN)954871770
Name of OrganizationTikun Olam Foundation
In Care of NameMarvin I Schotland
Address6505 Wilshire Blvd Ste 1200, Los Angeles, CA 90048-4960
SubsectionCharitable Organization
Ruling Date09/2001
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$36,963,783
Amount of Income$4,543,040
Form 990 Revenue Amount$4,543,040
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Single Organization Support


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Amount of income in 2013: $4,543,040 (it was $9,854,279 in 2012)
This organization: 

 $4,543,040
Other organizations performing similar types of work: 

 $147,540

Assets in 2013: $36,963,783 (it was $28,148,033 in 2012)
This organization: 

 $36,963,783
Other organizations performing similar types of work: 

 $421,265

Expenses in 2012: $664,974
Tikun Olam Foundation: 

 $664,974
Other organizations performing similar types of work: 

 $65,955

Income to expenses ratio in 2012: 6.8
Tikun Olam Foundation: 

 6.8
Other organizations performing similar types of work: 

 12.1

Grants share in income in 2012: 95.4%
This organization: 

 95.4%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$9,854,279
Contributions, Gifts, Grants and Other Similar Amounts$9,400,000
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$379,378
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$74,901
Statement of Functional Expenses (for 2012)
Total functional expenses$664,974
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$664,974
Balance Sheet (for 2012)
Total assets$28,148,033
Total liabilities$285,053
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$285,053
Total net assets or fund balances$27,862,980
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1United States Fund For Unicef In Kind Assistance Corporation125 Maiden Lane, New York, NY 10038-4912NY2005-11$155,471,904
2Tigers Unlimited FoundationPO BOX 351, Auburn, AL 36831-0351AL2004-02$45,768,295
3Campus Facilities Improvement Association4 Embarcadero Ctr Fl 17, San Francisco, CA 94111-4158CA2008-12$18,407,151
4Tikun Olam Foundation6505 Wilshire Blvd Ste 1200, Los Angeles, CA 90048-4960CA2001-09$4,543,040
5Peter E Haas Jr Family Fund, Marin Community Foundation5 Hamilton Landing Ste 200, Novato, CA 94949-8263CA2007-09$3,954,466
6Hillel The Foundation For Jewish Campus Life, Santa Barbara Hillel781 Embarcadero Del Mar, Isla Vista, CA 93117-4714CA1993-12$3,091,433
7The Polis-Schutz Family Foundation4950 Murphy Canyon Rd, San Diego, CA 92123-4900CA1999-10$2,386,427
8Joanne And Peter Haas Jr Supporting Fund225 Bush St Ste 500, San Francisco, CA 94104-4224CA2003-11$1,626,277
9Ryman Carroll Foundation1933 S Broadway 11th Fl Ste 1138, Los Angeles, CA 90007-4522CA1994-12$1,506,461
10Snyder Highland Foundation Tr Ua 06031991Wfb Box 63954 Mac A0330-011, San Francisco, CA 94163-0001CA2006-08$1,438,928
11Walden Family Services Foundation Inc6150 Mission Gorge Road, San Diego, CA 92120-3418CA2002-02$531,710
12Simi Valley Hospital Foundation2975 Sycamore Dr, Simi Valley, CA 93065-1201CA2001-11$489,011
13The@doris Libbea Foundation15244 Imperial Hwy, La Mirada, CA 90638-1603CA2001-02$465,966
14William H Cilker Family Foundation2440 W El Camino Real Ste 300, Mountain View, CA 94040-1498CA1999-08$328,650
15Ventura County Sheriffs Foundation888 W Ventura Blvd Suite 3, Camarillo, CA 93010-8802CA2006-05$312,074
16Thursday Club Foundation1224 Santa Barbara St, San Diego, CA 92107-3944CA2004-05$273,319
17Roy Eddleman Institute417 Amapola Ln, Los Angeles, CA 90077-3411CA2012-02$116,000
18San Diego Navy League Foundation Inc2115 Park Blvd, San Diego, CA 92101-4753CA2008-10$110,739
19Ugandan Lambs Association UsaPo Box 90491, Long Beach, CA 90809CA2010-02$108,705
20The Paul Wakim Charitable Foundation, Wakim Paul E6302 Princeville Cir, Huntingtn Bch, CA 92648-5524CA2006-06$97,341
Number of organizations performing similar types of work
Alaska1
Alabama15
Arkansas9
Arizona22
California146
Colorado16
Connecticut11
District of Columbia14
Delaware4
Florida54
Georgia29
Hawaii5
Iowa24
Idaho8
Illinois60
Indiana28
Kansas17
Kentucky13
Louisiana10
Massachusetts45
Maryland30
Maine7
Michigan35
Minnesota18
Missouri16
Mississippi10
Montana7
North Carolina70
North Dakota5
Nebraska12
New Hampshire6
New Jersey39
New Mexico9
Nevada9
New York81
Ohio55
Oklahoma19
Oregon24
Pennsylvania61
Rhode Island12
South Carolina16
South Dakota3
Tennessee23
Texas78
Utah10
Virginia40
Vermont1
Washington38
Wisconsin32
West Virginia7
Wyoming3
International3
Total1,310

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