Genesis La Economic Growth Corporation
Genesis LA Economic Growth Corporation is a Los Angeles, California-based public charity, formed in 1998. It describes its work as providing financial solutions that advance economic and social opportunities in underserved communities, through lending, capacity building, and community development programs.
Genesis La Economic Growth Corporation at a glance
In short: Genesis La Economic Growth Corporation gave $1.4M across 13 grants in 2025 (avg $104K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,350,058
- -20.6% vs 2024
- Grants made (2025)
- 13
- +30.0% vs 2024
- Average grant
- $103,851
- -38.9% vs 2024
- Median grant
- $100,000
- Total assets
- $161,104,961
- +9.1% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Genesis La Economic Growth Corporation
- Contact
Mailing address: 801 South Grand Avenue 850, Los Angeles, CA 90017
Phone: (213) 533-8900
Website: https://genesisla.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Genesis La Economic Growth Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Little Tokyo Service Center ($251K). Together the top 10 received $1.3M.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 22 grants of 53 (42%).
Geographic Focus
Where this funder awards grants
Genesis LA is based in Los Angeles. Its website describes lending and project work in Los Angeles County, including its Block by Block initiative in South Los Angeles and Pacoima. All grant dollars reported for 2025 went to recipients in California.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
States
Cities
How Genesis La Economic Growth Corporation gives
Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $43K (2020) to $12.6M (2022). In 2025 it made 13 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Little Tokyo Service Center Los Angeles, CA | Small Business Grant | $250,741 |
| Community Coalition Los Angeles, CA | Small Business Grant | $175,000 |
| Pacoima Beautiful Pacoima, CA | Small Business Grant | $175,000 |
| Aero Build Inglewood, CA | Small Business Grant | $150,000 |
| RJS Opportunities Inc Los Angeles, CA | Small Business Grant | $100,000 |
| United Cambodian Community Long Beach, CA | Small Business Grant | $100,000 |
| Booclt Sacramento, CA | Small Business Grant | $100,000 |
| Life Connoisseurs Los Angeles, CA | Small Business Grant | $75,000 |
| Masbuild Pasadena, CA | Small Business Grant | $75,000 |
| Center of Hope Community Development Corporation Inglewood, CA | Small Business Grant | $75,000 |
Ready to take the next step with Genesis La Economic Growth Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $161,104,961 | $18,549,186 | $7,325,672 | $1,350,058 | 13 | $7,657,764 |
| 2024 | $147,645,020 | $36,924,816 | $6,966,862 | $1,700,532 | 10 | $6,983,980 |
| 2023 | $121,034,291 | $12,696,966 | $5,688,271 | $1,261,551 | 10 | $5,246,976 |
| 2022 | $107,833,235 | $29,890,047 | $18,976,298 | $12,555,616 | 12 | $2,818,746 |
| 2021 | $84,073,617 | $20,248,596 | $4,032,710 | $272,991 | 8 | $2,302,788 |
| 2020 | $65,013,991 | $12,098,044 | $2,884,239 | $42,500 | 2 | $2,233,259 |
| 2019 | $57,648,449 | $6,406,307 | $3,584,621 | $760,000 | 2 | $2,437,725 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
In its 2025 filing, the organization states that its purpose is to combat community deterioration by supporting public programs and activities designed to stimulate economic development. Its program description connects that work to addressing poverty, unemployment and under-employment, and social and economic disparity.
Genesis LA’s website describes a strategy centered on capital, capacity, and community. It says it offers flexible, customized loans; works with community organizations, nonprofits, and local developers to build capacity; and supports projects intended to bring goods, services, jobs, and housing to low-income communities. Its Block by Block initiative is described as a 10-year neighborhood revitalization effort launched in 2023 in South Los Angeles and Pacoima.
The 2025 filing labels its listed grants as small-business grants. Among the recipients, Pacoima Beautiful describes its own work as environmental justice, local policy, arts, and culture; United Cambodian Community describes a focus on health equity, community integration, youth enrichment, and economic inclusion; and Center of Hope Community Development Corporation describes work including job readiness and employment services, community services, and addressing human trafficking. These are the grantees’ descriptions of their missions, not Genesis LA’s.
Grantmaking
In filing year 2025, Genesis LA reported 13 grants totaling $1,350,058. Grant amounts ranged from $12,000 to $250,741, with a median of $100,000. The filing lists small-business grant purposes.
Notable 2025 recipients included Little Tokyo Service Center ($250,741), Community Coalition ($175,000), Pacoima Beautiful ($175,000), Aero Build ($150,000), and RJS Opportunities Inc. ($100,000). United Cambodian Community and BooCLT each received $100,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists these directors: Lee Kanon Alpert, Cindy Miscikowski, Richard Maire (director-chairman), Dutch C Ross III, Pattie Ehsaei (director-secretary), Marcia Choo, Paul Chen, Stephen Rolfe, Lara Regus, and Robert Oehler.
Genesis La Economic Growth Corporation is led by Thomas J. Desimone, President & CEO since 2023 (on filings since 2019); 5 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Thomas J. Desimone
President & CEO
President → President & CEO, 2023
On filings since 2019
33.7 hrs/week
$265K (2019) → $624K (2025)
Richard Maire
Director-Chairman
On filings since 2019
1.7 hrs/week
No compensation reported
Jemelle Dicioco
Treasurer & Director of Finance
Controller → Treasurer & Director of Lending, 2022
Treasurer & Director of Lending → Treasurer & Director of Finance, 2023
On filings since 2019
33.7 hrs/week
$82K (2019) → $203K (2025)
Pavlin Buchukov
Director of Lending
Senior Loan Officer → Director of Lending, 2023
On filings since 2019
33.7 hrs/week
$81K (2019) → $164K (2025)
Anthony Santana
Director of Lending
Senior Loan Officer → Director of Lending, 2025
On filings since 2023
33.7 hrs/week
$101K (2023) → $136K (2025)
Cindy Miscikowski
Director
On filings since 2019
1.7 hrs/week
No compensation reported
Dutch C. Ross III
Director
On filings since 2019
1.7 hrs/week
No compensation reported
Lee Kanon Alpert
Director
On filings since 2019
1.7 hrs/week
No compensation reported
Marcia Choo
Director
On filings since 2019
1.7 hrs/week
No compensation reported
Pattie Ehsaei
Director-Secretary
Director-Sec → Director-Secretary, 2023
On filings since 2019
1.7 hrs/week
No compensation reported
Paul Chen
Director
On filings since 2019
1.7 hrs/week
No compensation reported
Robert Oehler
Director
Director-Treasurer → Director, 2022
On filings since 2019
1.7 hrs/week
No compensation reported
Stephen Rolfe
Director
On filings since 2019
1.7 hrs/week
No compensation reported
Lara Regus
Director
On filings since 2024
1.7 hrs/week
No compensation reported
Jessica Waybright
Legal Counsel
On filings since 2019
33.7 hrs/week
$93K (2019) → $237K (2025)
Former officers (1)
- Former: Keith Weaver (2019–2021) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $624K, to Thomas J Desimone (President/CEO). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Genesis La Economic Growth Corporation
How much does Genesis La Economic Growth Corporation give each year?
Genesis La Economic Growth Corporation gave $1.4M across 13 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.7M across 10 grants.
What is Genesis La Economic Growth Corporation's typical grant size?
Genesis La Economic Growth Corporation's median grant in 2025 was $100,000, and its average grant was $103,851, across 13 grants on its 2025 IRS Form 990.
Where does Genesis La Economic Growth Corporation give grants?
Genesis La Economic Growth Corporation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Los Angeles, CA (6 grants) and Inglewood, CA (3 grants).
Does Genesis La Economic Growth Corporation give general operating support?
Not in 2025: none of the 13 grants with a stated purpose on Genesis La Economic Growth Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Small Business Grant" (13 grants).
Who are Genesis La Economic Growth Corporation's largest grantees?
Genesis La Economic Growth Corporation's largest 2025 grantees include Little Tokyo Service Center ($250,741), Community Coalition ($175,000) and Pacoima Beautiful ($175,000), according to its 2025 IRS Form 990. Together they received 44% of its itemized 2025 grant dollars.
How large is Genesis La Economic Growth Corporation?
Genesis La Economic Growth Corporation reported $161.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $18.5M.
What does Genesis La Economic Growth Corporation fund?
In its 2025 filing, the organization states that its purpose is to combat community deterioration by supporting public programs and activities designed to stimulate economic development. See mission & focus areas ↑
How do I apply for a grant from Genesis La Economic Growth Corporation?
Genesis La Economic Growth Corporation has no public application process in the sources Grantable reviewed. Check genesisla.org for current guidelines, or contact the foundation directly before submitting a request.
What is Genesis La Economic Growth Corporation's EIN?
Genesis La Economic Growth Corporation's EIN (Employer Identification Number) is 95-4712513. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS August 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS July 27, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS July 31, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Genesis La Economic Growth Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
California Community Foundation
Los Angeles, CA
The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
Roy and Patricia Disney Family Foundation
Burbank, CA
The foundation funds social justice and community-led work, especially criminal justice reform, affordable housing preservation, environmental justice, and civic empowerment, using a place-based approach. In 2024, grants ranged from $275 to $500,000, with a median of $10,000; most grant dollars went to California, with additional funding in New York, Louisiana, Washington, DC, and North Carolina. It makes grants by invitation only and does not accept unsolicited requests.
Assets
$151.4M
Grants
164
Total Given
$4.9M
United States Energy Foundation
San Francisco, CA
United States Energy Foundation funds education, outreach, and analysis advancing clean and equitable energy and climate solutions, including renewable energy, efficiency, clean transportation, buildings, and industry, in the United States. Its 2024 grants ranged from $10,000 to $21 million, with a median of $135,000. It does not accept unsolicited requests or proposals; grant-seekers must be invited.
Assets
$215.7M
Grants
597
Total Given
$166.3M
Durfee Foundation
Los Angeles, CA
The Durfee Foundation supports nonprofit leaders, staff, and emerging organizations through programs focused on leadership, reflection, staff care, and community-driven strategies in Los Angeles County. Its 2024 grants ranged from $75 to $120,000, with a median of $16,848; it lists a letter-form application but does not state whether it accepts unsolicited requests.
Assets
$60.0M
Grants
67
Total Given
$1.6M
The California Endowment
Los Angeles, CA
The California Endowment funds nonprofit, government, and eligible faith-based organizations working to advance health and racial equity, strengthen community power, and improve health systems and communities, primarily in California. Its 2024 median grant was $100,000, and funding is by invitation only; it does not accept unsolicited requests.
Assets
$4.5B
Grants
1,125
Total Given
$215.9M
Liberty Hill Foundation
Los Angeles, CA
Liberty Hill Foundation funds grassroots community organizing and social justice work, including racial, youth, LGBTQ and gender, environmental, economic and housing justice, primarily in Los Angeles County. Its 2025 grants had a median of $10,000, though awards ranged from $250 to $568,080; the Fund for Change uses an alignment survey and invites organizations it selects to apply, and unsolicited-request policies are not stated.
Assets
$39.6M
Grants
750
Total Given
$21.4M
More similar funders
More Funders in California
Cite this profile
Grantable. (2026). Genesis La Economic Growth Corporation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/genesis-la-economic-growth-corporation-morg_8d94445e7e324c5aab2045865025047a
BibTeX
@misc{grantable_954712513_2026,
author = {{Grantable}},
title = {{Genesis La Economic Growth Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/genesis-la-economic-growth-corporation-morg_8d94445e7e324c5aab2045865025047a},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Genesis La Economic Growth Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Genesis La Economic Growth Corporation down — hundreds of funders to go?