2024-11-07T12:13:34-08:00 2023-12-31 950858589 Hutchinson and Bloodgood LLP 579 Auto Center Drive Watsonville CA 95076 990PF 2023-01-01 954047622 THE RAY CHARLES FOUNDATION RAYC 3237378000 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 VALERIE ERVIN President 2024-11-07 true true DOUGLAS W KAWAMURA CPA P00037439 8317242441 2023 2024-10-15 13:58:12Z X 44406834 X X 496550 496550 749258 749258 201861 40365 1912496 40365 1641688 1641688 2927861 2927861 432562 216281 216281 466962 233481 233481 21737 10869 10868 232267 116134 116133 93500 46750 46750 78385 39193 39192 103278 51639 51639 347884 347884 26349 13175 13174 979679 519342 460337 2782603 1594748 1187855 3025000 3025000 5807603 1594748 4212855 -2879742 1333113 675182 974670 974670 21787392 10032879 10032879 84303 94400 94400 2900274 530064 530064 2197280 8030340 1790289 5925105 6240051 10374000 1276184 14424788 14424788 5805297 3559480 2164681 2245817 3700000 3944100 4276033 4276033 40954501 38818702 44406834 100010 94926 100010 94926 X 40854491 38723776 40854491 38723776 40954501 38818702 40854491 -2879742 749027 38723776 38723776 VARIOUS SALE OF SECURITIES P 2023-01-01 2023-12-31 1912496 1872131 40365 40365 40365 18530 18530 18530 14000 14000 X 804 5334 0 false false false false false false false true true CA true false false false false true www.theraycharlesfoundation.org VALERIE ERVIN PRESIDENT 3237378000 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 false false false false false false false false false false false false false false false false false false false false false false VAERIE ERVIN 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 President 40.00 422662 9900 MARK WHITLOCK 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Chairman 1.00 0 C DANIELS 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 1.00 0 D BROKAW 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 1.00 0 YAKUB COLEMAN 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 0.00 0 W COLEMAN 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Director 1.00 0 K L JOHNSON 2107 W WASHINGTON BLVD LOS ANGELES CA 90018 Secretary 1.00 0 J SUN 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 CONTROLLER 40.00 156345 4690 D THIEL 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 PROPERTY MGR 40.00 93784 2814 T DENSON 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 EXEC ASSISTANT 40.00 75007 1313 S JEONG 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 FACILITY MGR 40.00 71877 2156 K JACKSON 2107 WEST WASHINGTON BLVD LOS ANGELES CA 90018 RECEPTIONIST 40.00 57345 1720 HOME REMODELING INC 5522 N ASPEN AZUSA CA 91702 CONTRACTOR 414127 BLACK & WHITE TV INC 8756 DORRINGTON AVE LOS ANGELES CA 90048 PRODUCTION COMPANY 225750 HUTCHINSON & BLOODGOODLLP PO BOX 518 EL CENTRO CA 92244 ACCOUNTING 111000 SUMMIT MASTER ELECTRICIAN 13778 HAWTHORNE BLVD HAWTHORNE CA 90250 ELECTRICIAN 94040 MITCHELL SILBERBERG & KNUPP LLP 2049 CENTURY PARK EAST 18TH FL LOS ANGELES CA 90067 LEGAL 339083 10664295 16397471 15964000 43025766 0 43025766 645386 42380380 2119019 2119019 18530 18530 2100489 2100489 2100489 4212855 4212855 2100489 305177 794949 1100126 4212855 0 2100489 2112366 3212492 0 3212492 305177 794949 2112366 GRANT DEPARTMENT 2107 West Washington Boulevard LOS ANGELES CA 90018 3237378000 info@theraycharlesfoundation.org The Ray Charles Foundation requests that the applicant print and follow the Grant Check List. Upon completing the instructions, mail the GRANT APPLICATION PACKAGE (Cover Letter, completed and signed Online Grant Application, Letter of Inquiry, Proof of IRS federal tax-exempt status, Annual Report [if available], and signed Grant Check List TO THE FOLLOWING ADDRESS:GRANT DEPARTMENTThe Ray Charles Foundation2107 West Washington BoulevardLos Angeles, CA 90018 NO SUBMISSION DEADLINES - APPLICATIONS REVIEWED ALL YEAR Obligations and Responsibilities of Grant Recipients 1) Since an award is made only for the purposes set forth in the Grantees submitted proposal and the Grantees grant application, any modifications to the project, as originally proposed, may be made only with prior written approval by The Ray Charles Foundation.2) The Grantee may not grant any portion of the award to a secondary Grantee without prior written permission of The Ray Charles Foundation.3) The Grant must be spent in full within the time set forth in the Grant proposal and if no such time is set forth, then within twelve (12) months following the Grant. In the event that the Grant is expressly made for multiple years, any funds not used in the current year may be applied to the purposes of the Grant in following years but only for the years covered by the Grant proposal.4) The Grantee must maintain complete records of receipts and expenditures sufficient to identify grant funds and expenditures made in the furtherance of t GRAMMY MUSEUM FOUNDATION 800 W OLYMPIC BLVD LOS ANGELES CA 90015 NONE NOT A FDN EDUCATION 1000000 ART CENTER COLLEGE OF DESIGN 1700 LIDA ST PASADENA CA 91103 NONE NOT A FDN EDUCATION 20000 CEDARS-SINAI MEDICAL CENTER 8700 BEVERLY BLVD SUITE 2416 LOS ANGELES CA 90048 NONE NOT A FDN CHARITABLE PURPOSES 1000000 HAMPTON UNIVERSITY 100 E QUEEN ST HAMPTON VA 23669 NONE NOT A FDN EDUCATIONAL PURPOSES 5000 SOUTHERN POVERTY LAW CENTER 400 WASHINGTON AVE MONTGOMERY AL 36104 NONE NOT A FDN CHARITABLE PURPOSES 5000 JACKIE ROBINSON FOUNDATION INC 75 VARICK STREET 2ND FLOOR NEW YORK NY 10013 NONE NOT A FDN CHARITABLE PURPOSES 25000 YES2JOBS 4859 WEST SLAUSON AVE 677 LOS ANGELES CA 90056 NONE NOT FDN CHARITABLE PURPOSES 525000 BOULE FOUNDATION 1612 OVERLOOK CREEK SAN ANTONIO TX 78620 NONE NOT A FDN CHARITABLE PURPOSES 20000 REID TEMPLE AME CHURCH 11400 GLENN DALE BLVD GLENN DALE MD 20769 NONE NOT A FDN CHARITABLE PURPOSES 25000 NEW VILLAGE ARTS INC 2787 STATE STREET CARLSBAD CA 92008 NONE NOT A FDN CHARITABLE PURPOSES 250000 COMMUNITY PARTNERS 1000 N ALAMEDA STREET 240 LOS ANGELES CA 90012 NONE NOT A FDN CHARITABLE PURPOSES 150000 3025000 14 496550 16 201861 40365 ALBUM INCOME 15 29702 FED/CA TAX REFUNDS 1 LEGAL SETTLEMENT 1 LICENSING/MERCHANDISE 15 1007 MASTER LICENSE REVENUE 15 145093 MISCELLANEOUS INCOME 1 3485 OIL & GAS LEASE 1 1955 PUBLISHING INCOME 15 138871 ROYALTY RECEIPTS 15 1321575 SAG PENSION RECEIPTS 14 2340099 40365 2380464 false false false false false false false false false false ACCOUNTING 93500 46750 0 46750 PRODUCTION COSTS - OPRY SALUTE 2019-02-01 589975 231075 10.0000 58998 290073 LINDEN 85 BLDG - DOD VAL 2004-06-10 636600 347147 SL 0.0364 23153 23153 LINDEN 91 BLDG - DOD VAL 2004-06-10 1640000 894535 SL 0.0364 59647 59647 LINDEN 91 IMPROVEMENTS 2008-06-30 35012 18513 SL 0.0364 1273 1273 WASHINGTON BLDG - DOD VAL 2004-06-10 425033 163470 SL 0.0256 10898 NEW ROOF-LINDEN 85 2011-12-01 27390 20238 SL 15.0000 1826 1826 WASHINGTON BL-IMPROV 2011-07-01 245569 188267 SL 15.0000 16371 WASHINGTON BL-IMPROV 2012-03-05 32544 23508 SL 15.0000 2170 WASHINGTON BL-IMPROV 2013-07-23 25510 16018 SL 15.0000 1701 LINDEN 85 IMPROVEMENTS 2013-12-12 2924 1771 SL 15.0000 195 195 LINDEN 91 IMPROVEMENTS 2013-12-17 33043 19827 SL 15.0000 2203 2203 RAY CHARLES MUSEUM 2009-01-01 382668 280622 SL 15.0000 25511 WASHINGTON BL - IMPROV 2014-07-01 49920 28288 SL 15.0000 3328 LINDEN 91 IMPROVEMENTS 2014-07-01 23202 13149 SL 15.0000 1547 1547 WASHINGTON BL - IMPROV 2015-07-23 35462 17533 SL 15.0000 2364 LINDEN 85 IMPROVEMENTS 2015-07-01 16600 8302 SL 15.0000 1107 1107 LINDEN 91 IMPROVEMENTS 2015-07-01 82637 41318 SL 15.0000 5509 5509 LINDEN 85 IMPROVEMENTS 2016-10-03 14800 6169 SL 15.0000 987 987 LINDEN 91 IMPROVEMENTS 2016-07-01 88831 38493 SL 15.0000 5922 5922 LINDEN 85 IMPROVEMENTS 2008-06-30 6100 3227 SL 0.0364 222 222 RAY CHARLES MUSEUM IMPROV 2017-12-14 510130 172879 SL 15.0000 34009 LINDEN 85 - ROOF 2017-06-22 24000 8800 SL 15.0000 1600 1600 LINDEN 91 IMPROVEMENTS 2017-07-01 22408 8217 SL 15.0000 1494 1494 WASHINGTON BL - IMPROV 2017-07-01 57840 21208 SL 15.0000 3856 RAY CHARLES MUSEUM IMPROV 2017-12-14 341096 115595 SL 15.0000 22740 WASHINGTON BL - IMPROV 2018-01-16 6890 2257 SL 15.0000 459 LINDEN 85 IMPROVEMENTS 2018-07-01 69455 20835 SL 15.0000 4630 4630 LINDEN 91 IMPROVEMENTS 2018-06-01 13760 4203 SL 15.0000 917 917 STUDIO EQUIPMENT 2019-06-01 7463 5350 SL 5.0000 1493 OFFICE EQUIPMENT 2019-07-01 15171 10619 SL 5.0000 3034 MASTER RECORDING EQUIPMEN 2019-04-01 8120 6090 SL 5.0000 1624 LINDEN 85 IMPROVEMENTS 2019-07-01 234000 54600 SL 15.0000 15600 15600 LINDEN 91 IMPROVEMENTS 2019-07-01 207237 48356 SL 15.0000 13816 13816 WASHINGTON BL - IMPROV 2019-07-01 16420 3832 SL 15.0000 1095 WASHINGTON BL - F&F 2019-10-01 16152 7498 SL 7.0000 2307 WASHINGTON BL - ROOF 2020-06-30 46780 3049 SL 0.0256 1199 LINDEN 85 IMPROVEMENTS 2020-05-08 48502 8622 SL 15.0000 3233 3233 LINDEN 85 RETROFIT 2020-12-29 226184 16792 SL 0.0364 8224 8224 WASHINGTON BL-REBUILD BATHROOM 2021-03-23 14350 1675 SL 15.0000 957 13 UNITS FIREPROOF CABINETS 2021-06-17 68078 14588 SL 7.0000 9725 WASHINGTON BL- BUILD BARRIER 2021-11-21 5280 381 SL 15.0000 352 WASHINGTON-AIR CONDITIONER 2021-08-19 11887 2264 SL 7.0000 1698 RAY CHARLES MUSEUM IMPROVEMENT 2022-05-28 10575 411 SL 15.0000 705 LINDEN 85 IMPROVEMENTS 2022-07-01 171309 5710 SL 15.0000 11421 11421 LINDEN 91 IMPROVEMENTS 2022-01-01 82220 5481 SL 15.0000 5481 5481 LINDEN 91 IMPROVEMENTS 2022-07-01 206326 6878 SL 15.0000 13755 13755 WASHINGTON BL - PARKING LOT 2022-03-03 19805 1100 SL 15.0000 1320 WASHINGTON BL - ROOF 2022-03-28 79098 1608 SL 0.0256 2028 WASHINGTON BL - IMPROVEMENTS 2022-07-01 41698 1390 SL 15.0000 2780 WASHINGTON BL-IMPROVEMENTS 2023-08-21 62479 SL 15.0000 1388 WASHINGTON BL- F&F 2023-02-22 14914 SL 7.0000 1775 LINDEN 91 IMPROVEMENTS 2023-10-30 457665 SL 15.0000 5085 5085 LINDEN 85 IMPROVEMENTS 2023-12-06 46385 SL 15.0000 258 258 RAY CHARLES MUSEUM IMPROVEMENTS 2023-07-10 56760 SL 15.0000 1892 EXCHANGE TRADED FUNDS 530064 530064 Buildings 2261250 1790289 470961 3805800 Improvements 2155340 2155340 Land 3613750 3613750 6568200 FIXED INCOME SECURITIES AT COST 14424788 14424788 Furniture and Fixtures 253612 188689 64923 Machinery and Equipment 2298424 2170413 128011 Buildings 802668 528166 274502 2100000 Improvements 1670593 672212 998381 Land 780000 780000 1600000 LEGAL FEES 232267 116134 0 116133 Net Intangible Assets 3396000 3396000 3396000 OPERATING LEASES - RIGHT OF USE ASSETS 40199 23603 23603 PRODUCTION COSTS 507901 856430 856430 ADVERTISING 51223 25612 25611 Amortization 58998 58998 BANK CHARGES 768 384 384 COMPUTER EXPENSE 11184 5592 5592 DUES & SUBSCRIPTIONS 3740 1870 1870 GARDENING 8675 4338 4337 INSURANCE 315862 157931 157931 INTERNET 6764 3382 3382 LICENSES AND FEES 23033 11517 11516 OFFICE EXPENSE 8595 4298 4297 PEST CONTROL 1604 802 802 PLUMBING & ELECTRICAL 18596 9298 9298 POSTAGE & FREIGHT 4494 2247 2247 Rental Expenses 358292 179146 179146 REPAIRS & MAINTENANCE 17881 8941 8940 SECURITY 16492 8246 8246 TELEPHONE 44126 22063 22063 TRAINING 1944 972 972 TRASH SERVICE 4275 2138 2137 UTILITIES 23133 11567 11566 ALBUM INCOME 29702 29702 LICENSING/MERCHANDISE 1007 1007 MASTER LICENSE REVENUE 145093 145093 MISCELLANEOUS INCOME 3485 3485 OIL & GAS LEASE 1955 1955 PUBLISHING INCOME 138871 138871 ROYALTY RECEIPTS 1321575 1321575 SECURITY DEPOSITS 59810 71323 lease liabiltiy 40199 23603 Rounding 1 401K PLAN ADMIN FEE 2416 1208 0 1208 COMPUTER CONSULTANT 47608 23804 0 23804 CONSULTANTS 3540 1770 0 1770 INVESTMENT 16667 8334 0 8333 OTHER 8154 4077 0 4077 OTHER 14000 7000 7000 PAYROLL TAXES 52458 26229 26229 PROPERTY TAX 36820 18410 18410