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Educational Resource Development Trust is a private corporation based in SANTA MONICA, CA. The foundation received its IRS ruling in 1976. It holds total assets of $5M. Annual income is reported at $5.2M. The Foundation arranges student exchanges whereby foreign students live with an American family while attending high school 480 students participated. According to available records, Educational Resource Development Trust has made 13 grants totaling $4K, with a median grant of $300. Annual giving has decreased from $3K in 2022 to $2K in 2023. Individual grants have ranged from $100 to $500, with an average award of $315.385. The foundation has supported 8 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
The Foundation arranges student exchanges whereby foreign students live with an American family while attending high school 480 students participated
Expenses: $981K
The Foundation arranges short-term individual and group visitations whereby foreign groups are introduced to American culture 62 individuals partic
Expenses: $67K
The Foundation places international university-age students with US employers for a period of up to 4 months during the students summer abroad 232 partic
Expenses: $31K
The Foundation arranges student exchanges whereby foreign students live with an American family while attending high school 480 students participated. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in CA.
Educational Resource Development Trust has distributed a total of $4K across 13 grants. The median grant size is $300, with an average of $315.385. Individual grants have ranged from $100 to $500.
Educational Resource Development Trust typically selects its grantees rather than accepting unsolicited proposals.
Educational Resource Development Trust is headquartered in SANTA MONICA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roger Riske | Director | $223K | $7K | $230K |
| Kelli Jones | President | $159K | $12K | $171K |
| Colin Churchill | Director | $72K | $1K | $73K |
| Svetlana Mitchell | Director | $0 | $0 | $0 |
| Philip Hollingsworth | SecTreasDirector | $0 | $0 | $0 |
Total Giving
$4.1M
Total Assets
$5.7M
Fair Market Value
$5.7M
Net Worth
$2.8M
Grants Paid
$2K
Contributions
$0
Net Investment Income
$144K
Distribution Amount
$241K
Total Grants
13
Total Giving
$4K
Average Grant
$315.385
Median Grant
$300
Unique Recipients
8
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| AsbIn furtherance of their exempt purpose | Phelan, CA | $100 | 2022 |
| Asb Serrano High SchoolTo further their exempt functions | Phelan, CA | $450 | 2023 |
| Beaumont High SchoolTo further their exempt functions | Beaumont, CA | $400 | 2023 |
| Lucerne High SchoolTo further their exempt functions | Lucerne Valley, CA | $300 | 2023 |
| American High SchoolTo further their exempt functions | Fremont, CA |
| $200 |
| 2023 |
| Encore High SchoolTo further their exempt functions | Hesperia, CA | $150 | 2023 |
| Mustang RescueIn furtherance of their exempt purpose | Beaumont, CA | $500 | 2022 |
| HdcfIn furtherance of their exempt purpose | Apple Valley, CA | $500 | 2022 |
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