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Also known as: FOUNDATION
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Monarch Charitable Foundation is a private corporation based in TORRANCE, CA. The foundation received its IRS ruling in 1998. The principal officer is Medard Cronin. It holds total assets of $15.3M. Annual income is reported at $20.9M. Total assets have grown from $7M in 2011 to $15.5M in 2023. The foundation is governed by 1 officer or trustee. Lynwood worship center11984 santa fe avenuelynwood, ca. 90262501 (c)(3) non profit organization religious organizationfederal id number 90-0295159. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Monarch Charitable Foundation has made 6 grants totaling $743K, with a median grant of $79K. Individual grants have ranged from $5K to $280K, with an average award of $124K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Lynwood worship center11984 santa fe avenuelynwood, ca. 90262501 (c)(3) non profit organization religious organizationfederal id number 90-0295159
Lynwood worship center11984 santa fe avenuelynwood, ca. 90262501 (c)(3) non profit organization religious organizationfederal id number 90-0295159. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA.
Monarch Charitable Foundation has distributed a total of $743K across 6 grants. The median grant size is $79K, with an average of $124K. Individual grants have ranged from $5K to $280K.
Monarch Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Monarch Charitable Foundation is headquartered in TORRANCE, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Angelica M Contreras | President | $0 | $0 | N/A |
Total Giving
$819K
Total Assets
$15.5M
Fair Market Value
N/A
Net Worth
$15.5M
Grants Paid
$743K
Contributions
N/A
Net Investment Income
$349K
Distribution Amount
$759K
Total Grants
6
Total Giving
$743K
Average Grant
$124K
Median Grant
$79K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Heart FoundationMEDICAL TREATMENT OF HEART DISEASE | Westlake Village, CA | $280K | 2023 |
| Jewish Community Center Of Palos VeRELIGIOUS / BUILDING FUND FOR AWARENESS OF JEWISH COMMUNITY | Rancho Palos Verdes, CA | $250K | 2023 |
| Childrens Hospital Los AngelesMEDICAL / HOSPITAL CARE FOR CHILDREN | Los Angeles, CA | $108K | 2023 |
| Palos Verdes Estates FoundationPUBLIC SAFETY / GRANTS FOR PROJECTS FOR REPAIR AND MAINTAIN HISTORICAL AREAS | Palos Verdes Estates, CA | $50K | 2023 |
| Palos Verdes Golf Club ScholarshipEDUCATION / PROVIDING FOR TUITION, BOOKS AND FEES FOR DESERVING STUDENTS | Palos Verdes Estates, CA | $50K | 2023 |
| Chabad Jewish Center Of Palos VerdeRELIGIOUS / STRENGTHENING JEWISH IDENTIY, UNITY AND EDUCATION | Rancho Palos Verdes, CA | $5K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA