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WILMINGTON, DE

La Vida Feliz Foundation

Quick Facts

EIN
261622021
Location
WILMINGTON, DE
Category
Philanthropy & Grantmaking
Total Assets
$376.6M
Annual Income
$72.3M
IRS Ruling Year
2009
Organization Type
Trust
Principal Officer
% Foundation Source
Tax Deductibility
Contributions are deductible

About This Foundation

La Vida Feliz Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is % Foundation Source. It holds total assets of $376.6M. Annual income is reported at $72.3M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$26.1M

2023+2%

Total Assets

$354M

2023-3%

Fair Market Value

$507M

2023

Net Worth

$354M

2023

Grants Paid

$24.5M

2023

Contributions

$20K

2023

Net Investment Income

$14.9M

2023

Distribution Amount

$25.6M

2023

Total Giving by Year

$16.1M
11
$16.9M
12
$18.5M
13
$20.4M
14
$23.5M
15
$28.4M
19
$14.9M
20
$25.1M
21
$25.7M
22
$26.1M
23

Asset Growth

$345.8M
11
$360.9M
12
$372.9M
13
$388.5M
14
$374.5M
15
$405.5M
19
$393.2M
20
$378.1M
21
$363.8M
22
$354M
23

Investment Portfolio (2023)

Total: $32.6M

Corporate Stock: $32.6M
Other Investments: $152.8M
Corporate Stock (18%)
Other Investments (82%)

Expense Breakdown (2023)

Grants Paid$24.5M
Interest$259K
Legal Fees$6K

Revenue Sources (2023)

Interest
$9M
Capital Gains (Net)
$3.9M
Other Income
$1.7M
Dividends
$1.6M
Contributions
$20K

Financial Details (2023)

Total Revenue
$16.3M
Total Expenses
$26.1M
Exempt Purpose Expenses
$24.7M
Required Distribution
$25.6M
Undistributed Income
$25.4M
Total Liabilities
$1
Excise Tax
$208K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

6

Total Giving

$73M

Average Grant

$12.2M

Median Grant

$12.2M

Total Giving by Year

$24M (1 grants)
21
$24.5M (3 grants)
22
$24.5M (2 grants)
23

Grant Range

Min$40K
Max$24.5M
Median: $12.2M
Smallest grantLargest grant

Openness to New Grantees (2023)

0%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $85K (2)
MA
MA: $72.5M (3)
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
CA: $450K (1)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
MA$72.5M (3)
CA$450K (1)
NY$85K (2)

Past Grantees

RecipientLocationAmountYear
Fidelity Investments Charitable Gift FundGeneral & UnrestrictedBoston, MA$24.5M2023
East Village Community Coalition IncGeneral & UnrestrictedNew York, NY$40K2023
Fidelity Investments Charitable Gift FundGeneral and UnrestrictedBoston, MA$24M2022
Self-Help Graphics And Arts Incfunds are to be used to pay off Self Help Graphics and Arts' outstanding mortgage debt with any remaining balance to be used for General Support at the charity's discretion.Los Angeles, CA$450K2022
East Village Community Coalition IncGeneral & UnrestrictedNew York, NY$45K2022
Fidelity Investments Charitable Gift FundLa Vida Feliz Foundation Account -7413Boston, MA$24M2021

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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