THE LOS ANGELES CLIPPERS FOUNDATION EXISTS TO FOSTER AND SUPPORT COMMUNITY OUTREACH PROGRAMS & ACTIVITIES WITH POSITIVE EDUCATIONAL, CIVIC, ENVIRONMENTAL AND HUMANITARIAN VALUES THAT BENEFIT AND ENHANCE THE QUALITY OF LIFE PRIMARILY FOR CHILDREN IN (CONT. ON SCH. O) GREATER LOS ANGELES. TO MEET THESE COMMITMENTS, THE FOUNDATION WILL SEEK, ACCEPT AND DONATE FUNDS AND IN-KIND ITEMS TO SUPPORT COMMUNITY OUTREACH PROGRAMS AND INITIATIVES OF LOCAL CHILDREN'S CHARITIES AND ORGANIZATIONS.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2024 | 10 | $4.9M | $493K | 6 | 4 |
| 2023 | 11 | $3.9M | $357K | 5 | 6 |
| 2022 | 12 | $3.9M | $322K | 5 | 7 |
| 2021 | 15 | $463K | $31K | 8 | 7 |
| 2020 | 8 | $2.2M | $280K | 5 | 3 |
| 2019 | 49 | $1.5M | $31K | 35 | 12 |
| 2017 | 104 | $25.0M | $240K | 52 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025 | $303,436 ↓ | $5,159,446 | $2,250,761 |
| 2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024 | $742,751 ↓ | $5,107,880 | $7,106,771 |
| 2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023 | $15,927,655 ↑ | $4,707,531 | $11,471,900 |
| 2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022 | $420,171 ↓ | $1,132,196 | $251,776 |
| 2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021 | $3,468,997 ↓ | $1,510,041 | $963,801 |
| 2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020 | $4,626,520 ↓ | $6,042,712 | $-995,155 |
| 2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018 | $17,297,550 | $13,858,273 | $5,699,408 |
| 2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018 | $17,297,550 | $13,858,273 | $5,699,408 |
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