Snap Foundation | Granted Foundation Directory | Granted AI
LOS ANGELES, CA
Snap Foundation Quick Facts
EIN 611817014
Location LOS ANGELES, CA
Phone (800) 839-1754
Category Philanthropy & Grantmaking
Total Assets $139.7M
Annual Income $34.7M
IRS Ruling Year 2017
Organization Type Non-Operating Foundation
Principal Officer % Foundation Source
Tax Deductibility Contributions are deductible
About This Foundation Snap Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2017. The principal officer is % Foundation Source. It holds total assets of $139.7M. Annual income is reported at $34.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Snap Foundation has made 132 grants totaling $41.6M, with a median grant of $90K. Annual giving has grown from $4.8M in 2020 to $8M in 2023. Grantmaking activity was highest in 2022 with $28.8M distributed across 26 grants. Individual grants have ranged from $100 to $13.2M, with an average award of $315K. The foundation has supported 91 unique organizations. The foundation primarily supports organizations in California, Washington, New York, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Application Information Preselected Only This foundation typically selects grantees rather than accepting unsolicited proposals.
Frequently Asked Questions What does Snap Foundation fund? Snap Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 132 grants. Its grantmaking reaches organizations primarily in CA, WA, NY.
How much does Snap Foundation give in grants? Snap Foundation has distributed a total of $41.6M across 132 grants. The median grant size is $90K, with an average of $315K. Individual grants have ranged from $100 to $13.2M.
How do I apply for a grant from Snap Foundation? Snap Foundation typically selects its grantees rather than accepting unsolicited proposals.
Where is Snap Foundation located? Snap Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
Key People & Compensation (2023) Name Title Compensation Benefits Total Joel Arquillos EXECUTIVE DIRECTOR $235K $55K $291K Kelly Kagan Law Dir, Chair $0 $0 $0 Betsy Kenny Lack Dir, Pres $0 $0 $0 Jonathon Locascio Chief Tax Officer $0 $0 $0 Juan Devis Dir $0 $0 $0
990 Tax Filings Year Return Type PDF 2023 990PF 2022 990PF 2021 990PF 2020 990PF
Financial Overview Total Giving
$9.8M
2023 -40%
Total Assets
$140.9M
2023 -6%
Fair Market Value
$168.2M
2023
Net Investment Income
$2.8M
2023
Distribution Amount
$7.6M
2023
Investment Portfolio (2023) Total: $107.8M
Corporate Stock (27%)
Corporate Bonds (50%)
Government Obligations (4%)
Other Investments (19%)
Revenue Sources (2023)
Dividends $3.2M
Other Income $275K
Interest $94K
Capital Gains (Net) $-2,247,554 Financial Details (2023)
Total Revenue $1.3M
Total Expenses $9.8M
Exempt Purpose Expenses $9M
Required Distribution $7.6M
Undistributed Income $7.4M
Total Liabilities $1
Excise Tax $39K Foundation Classification (2023) Operating Foundation
Grants to Individuals
Non-Charity Grants
Lobbying Activity
Excess Business Holdings
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2023)
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
CA $41M (127)
WA $485K (3)
NY $100K (1)
NJ $50K (1)
Past Grantees Recipient Location Amount Year A Place Called Home Arts & Creative Expression Department Los Angeles, CA $100K 2023 Community Partners General Support fund for Las Fotos Los Angeles, CA $100K 2023 California Community FoundationLos Angeles Arts Relief and Recovery Fund Los Angeles, CA $250K 2023 Partnership For Los Angeles SchoolsGeneral & Unrestricted Los Angeles, CA $250K 2023 Southern California Grantmakers
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Mary Ritti Dir, Vice Chair, Sec, Treas $0 $0 $0
Katherine Tassi Dir, Vice Chair $0 $0 $0
Pedro Marti Dir, Treas $0 $0 $0
Black Equity Collective program
Actors Gang IncGeneral & Unrestricted Culver City, CA $250K 2023
Inner-City ArtsGeneral & Unrestricted Los Angeles, CA $250K 2023
Latino Theater CompanyLatino Theater Company's National Latinx Theater Initiative and Impact Theater Initiative Los Angeles, CA $200K 2023
Ghetto Film School La IncGeneral & Unrestricted Los Angeles, CA $200K 2023
Los Angeles County Department Of Arts And CultureCreative Careers Online fund Los Angeles, CA $180K 2023
24th Street Theatre CompanyGeneral & Unrestricted Los Angeles, CA $150K 2023
Arts Media And Entertainment Institute IncAME Institute Events fund and General Support fund Concord, CA $150K 2023
Arts For L AGeneral & Unrestricted West Covina, CA $150K 2023
Array Alliance IncGeneral & Unrestricted Encino, CA $150K 2023
Rediscover Center IncGeneral Support fund and Mid City reDiscover Center Fitout fund Los Angeles, CA $125K 2023
Community Coalition For Substance Abuse PreventionGeneral & Unrestricted Los Angeles, CA $125K 2023
Arts For Healing And Justice NetworkGeneral & Unrestricted Long Beach, CA $125K 2023
Amplifier FoundationGeneral & Unrestricted Los Angeles, CA $115K 2023
Unusual Suspects Theatre CoGeneral & Unrestricted Pasadena, CA $100K 2023
The H E Art ProjectGeneral & Unrestricted Los Angeles, CA $100K 2023
Create CaGeneral & Unrestricted Pasadena, CA $100K 2023
Tia Chuchas Centro Cultural IncGeneral & Unrestricted Sylmar, CA $100K 2023
Journey House IncGeneral & Unrestricted Pasadena, CA $100K 2023
Kcrw Foundation IncGeneral & Unrestricted Santa Monica, CA $100K 2023
Koreatown Youth And Community Center IncKoreatown Storytelling Project (KSP) Los Angeles, CA $100K 2023
La Promise FundGeneral & Unrestricted Los Angeles, CA $100K 2023
826laGeneral & Unrestricted Los Angeles, CA $100K 2023
Urban Txt Teens Exploring TechnologyGeneral & Unrestricted Los Angeles, CA $100K 2023
ManifestworksGeneral & Unrestricted Los Angeles, CA $100K 2023
Youth Mentoring ConnectionGeneral & Unrestricted Los Angeles, CA $100K 2023
P F Bresee FoundationGeneral & Unrestricted Los Angeles, CA $100K 2023
Partners For Children South LaGeneral & Unrestricted Inglewood, CA $100K 2023
Coop Careers IncCOOP Careers LA Flagship Program New York, NY $100K 2023
Black Women For WellnessGeneral & Unrestricted Los Angeles, CA $100K 2023
Future Roots IncGeneral & Unrestricted Los Angeles, CA $100K 2023
Young Storytellers FoundationGeneral & Unrestricted Los Angeles, CA $100K 2023
Californians For The ArtsGeneral & Unrestricted Sacramento, CA $100K 2023
Homeboy Art Academy IncGeneral & Unrestricted Los Angeles, CA $100K 2023
Armory Center For The ArtsGeneral & Unrestricted Pasadena, CA $100K 2023
Diy GirlsGeneral & Unrestricted San Fernando, CA $100K 2023
Barcid FoundationGeneral & Unrestricted Los Angeles, CA $100K 2023
Venice ArtsGeneral & Unrestricted Marina Dl Rey, CA $85K 2023
Girls Inc Of Greater Los AngelesGeneral & Unrestricted North Hollywood, CA $75K 2023
Ica LaGeneral & Unrestricted Los Angeles, CA $75K 2023
Jail Guitar DoorsGeneral & Unrestricted Los Angeles, CA $75K 2023
Pen America Los AngelesGeneral & Unrestricted Los Angeles, CA $75K 2023
Ps ScienceGeneral & Unrestricted Inglewood, CA $75K 2023
School On Wheels Incresearch fund for Leveraging Artificial Intelligence in service to students experiencing homelessness Ventura, CA $75K 2023
Self-Help Graphics And Arts IncGeneral & Unrestricted Los Angeles, CA $75K 2023
Women In Animation IncGeneral & Unrestricted Los Angeles, CA $75K 2023
