Barons Second Chance Foundation
Barons Second Chance Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.5M in total assets. In 2024, it awarded 26 grants totaling $487K. Net investment income was $758K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.5M
Annual Giving
$487K
Grant Count
26
Avg Grant Size
$19K
Under IRS private-foundation payout rules, Barons Second Chance Foundation reported a distributable amount of $490K for 2024 — the minimum it must pay out in qualifying distributions.
About Barons Second Chance Foundation
Based on IRS filings
Barons Second Chance Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.5M in total assets. In 2024, it awarded 26 grants totaling $487K. Net investment income was $758K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $11,521,295 | $7,934,257 | — |
| Revenue | $867,745 | $8,050,627 | — |
| Expenses | $617,530 | $7,772 | — |
| Qualifying Distributions | $498,256 | — | — |
| Net Investment Income | $758,471 | $4,938,222 | — |
| Distributable Amount | $489,870 | $4,656 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Bessemer Giving Fund ($152,000), Downtown Women's Center ($30,000), Brady United Against Gun Violence ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEXANDRIA HOUSE LOS ANGELES, CA | GENERAL SUPPORT | $10,000 |
| ASPEN ANIMAL SHELTER ASPEN, CO | GENERAL SUPPORT | $4,000 |
| ASPEN ELKS YOUTH AND VETERANS FUND ASPEN, CO | GENERAL SUPPORT | $7,000 |
| ATLAS ANIMAL RESCUE TEMPLETON, CA | GENERAL SUPPORT | $5,000 |
| BRADY UNITED AGAINST GUN VIOLENCE WASHINGTON, DC | GENERAL SUPPORT | $25,000 |
| CALIFORNIA HOSPITAL MEDICAL CENTER LOS ANGELES, CA | GENERAL SUPPORT | $25,000 |
| CHILDREN'S HOSPITAL LOS ANGELES LOS ANGELES, CA | GENERAL SUPPORT | $25,000 |
| DOWNTOWN WOMEN'S CENTER LOS ANGELES, CA | GENERAL SUPPORT | $30,000 |
| ESSEX BAY SAILING CLUB ESSEX, MA | GENERAL SUPPORT | $5,000 |
| FRIENDS OF 40 PRADO SAN LUIS OBISPO, CA | GENERAL SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS WEISSENBORN | PRESIDENT | 2 | — |
| STANTON WEISSENBORN | VICE PRES/TREASURER | 2 | — |
| PHILIP ALBANESE | SECRETARY | 2 | — |
| ELIZABETH ALBANESE | TRUSTEE | 2 | — |
| DARCY WEISSENBORN | TRUSTEE | 2 | — |
Frequently Asked Questions
How large is Barons Second Chance Foundation?
As of 2024, Barons Second Chance Foundation holds $11.5M in total assets with $868K in annual revenue. It awarded 26 grants totaling $487K in 2024.
Where does Barons Second Chance Foundation operate?
Barons Second Chance Foundation has awarded grants in Arizona, California, Colorado, District of Columbia, Massachusetts, New Jersey, New York, Oregon.
What size grants does Barons Second Chance Foundation award?
In 2024, Barons Second Chance Foundation awarded 26 grants totaling $487K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Barons Second Chance Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Barons Second Chance Foundation reported a distributable amount of $490K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Barons Second Chance Foundation's EIN?
Barons Second Chance Foundation's EIN (Employer Identification Number) is 87-2112376. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Barons Second Chance Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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