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Joseph Drown Foundation

Profile

Last Updated: 2016-07-17

At A Glance

Joseph Drown Foundation

1999 Ave. of the Stars, Ste. 2330

Los Angeles, CA United States 90067-6043

Telephone: (310) 277-4488

URL: www.jdrown.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-03-31)

Assets: $86,835,558

Total giving: $4,295,570

EIN

956093178

BRIDGE Number

7203790109

Background

Established in 1953 in CA - Joseph Drown, whose life spanned the period of 1906 to 1982, was active in the hotel industry from his early 20's until the end of his career. He started as an employee, then in management and subsequently ownership. His prize ownership, which he personally developed in 1945, was the Hotel Bel-Air in Los Angeles. He also employed his business skills in the acquisition and operation of numerous other businesses and properties. The foundation was formed to provide an organized means for its founder to make charitable gifts during his lifetime and to have the foundation continue making grants upon his death

Purpose and Activities

Education is the primary focus of the foundation, and it supports education programs in K-12, at both public and private schools, that seek to solve the existing problems in Los Angeles, CA, area schools. Grants for education reform can be made directly to the schools or to independent organizations which are closely involved with this issue. In addition, the foundation provides funds to private secondary schools, colleges and universities for student financial assistance, in the form of both scholarships and loan programs. Favor is given to programs directed at talented middle income students who are unable to obtain assistance from sources specifically available to low income students. Committed to improving the quality of life in the local community, the foundation supports programs that encourage all individuals to reach their fullest potential. The foundation believes that the best chance a young person has to reach that goal is to stay in school, inside a functioning family, and outside the juvenile justice system. To that end, the foundation supports programs that deal with issues such as the high drop-out rate, lack of sufficient health care, substance abuse and violence. In addition, the foundation will consider programs that address poverty issues and assist the economically disadvantaged. Programs aimed at solutions to or the prevention of these problems are favored. Although it is not the emphasis of the foundation, grants are made for the arts and humanities and are made primarily for outreach and education programs. The foundation also makes grants for medical and scientific research, but these are initiated by the foundation.

Fields of Interest

Subjects
  • Abuse prevention
  • Addiction services
  • Arts and culture
  • Diseases and conditions
  • Early childhood education
  • Education
  • Elementary education
  • Health
  • Human services
  • Humanities
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-03-31

Assets: $86,835,558 (market value)

Expenditures: $5,430,870

Total giving: $4,295,570

Qualifying distributions: $4,804,002