California · Nonprofit
OPEN HEARTS FOUNDATION
OPEN HEARTS FOUNDATION (California) receives grants from 17 organizations whose IRS filings report $439,166 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($145,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $348k
- Funders on record
- 17
- Grants received
- $439k
- Net assets
- $633k
What Open Hearts Foundation does
Mission
Empower people who turn adversity into possibility
As stated on its FY2024 Form 990.
Programs
The Open Hearts Foundation made investments through its grantmaking program in alignment with its open hearts philosophy, which is inspired by jane seymour's mother, mieke frankenberg. This philosophy drives the foundation's mission forward and its grant cycle funded $100,000 to charities across the united states. The foundation has focused these grant investments primarily to support small, emerging nonprofits with budgets of less than a million dollars. Through the foundation's extensive internal vetting process, 4 charities received grants to support their programs and services in arizona, california, and georgia. These nonprofits serve high risk communities in need of food security so that children and families can continue to thrive. As part of the grantmaking program, the foundation shares the mission of each funded charity with its global family of donors and volunteers. Additionally, about half of the charities leverage the foundation's grant as a matching grant and raise double or triple the foundation's grant.
$194,112 spentof which $100,000 as grants100% of program spendingVolunteerism is a critcal core intiative of the Open Hearts Foundation because we believe we all can do something to help others. Inspiring volunteerism and hosting volunteer experiences are core strategies to this program. Since the program launched in 2018, the foundation has hosted many virtual and in-person volunteer experiences that has engaged a global community of volunteers. In 2024, the foundation supported the volunteer center of south bay harbor and long beach to pack 4,044 literacy bags. These efforts supported 146 classrooms across the south bay community.
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $194,112.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $181k to $365k (+102%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 9% · 2022 3%. Grants only. Government contracts and fees sit inside program revenue.
153% of OPEN HEARTS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (83% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Tim Mallad
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $11k → $81k.
4 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of OPEN HEARTS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
OPEN HEARTS FOUNDATION leans on a few funders — its largest provides 33% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OPEN HEARTS FOUNDATION.
Largest funder’s share by year: 2017 95% · 2018 100% · 2019 60% · 2020 100% · 2021 77% · 2022 45% · 2023 68% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
18% of OPEN HEARTS FOUNDATION's funders are still giving 3 years after their first grant; 29% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
54% of OPEN HEARTS FOUNDATION's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $193k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
OPEN HEARTS FOUNDATION runs a healthier operating margin than three-quarters of the 5,688 youth development nonprofits its size.
this organization peer median middle 50% of peers· 5,688 youth development nonprofits $100k–$1M, FY2024
Organizations like OPEN HEARTS FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
73% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for OPEN HEARTS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds OPEN HEARTS FOUNDATION?
- OPEN HEARTS FOUNDATION (California) receives grants from 17 organizations whose IRS filings report $439,166 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($145,000). 5 of them have funded it in more than one year.
- How many funders does OPEN HEARTS FOUNDATION have?
- IRS filings report 17 organizations giving $439,166 in grants to OPEN HEARTS FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of OPEN HEARTS FOUNDATION?
- AMERICAN ENDOWMENT FOUNDATION is the largest funder on record, with $145,000 in grants. The full list of funders is on this page.
- How can an organization like OPEN HEARTS FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing