GASOL FOUNDATION

EIN: 471155758 501(c)(3) Philanthropy & Grantmaking

LOS ANGELES, CA

Total Revenue
$416,362
Total Expenses
$338,225
Total Assets
$229,830
Net Assets
$229,830
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
PAU GASOL
Phone
3107293531
Tax Period
2023-09-01 to 2024-08-31

GASOL FOUNDATION, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $416K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $78K, a strong 19% operating margin.

Mission

GASOL FOUNDATION MISSION IS TO ERADICATE CHILDHOOD OBESITY THROUGH RESEARCH, HOLISTIC, DATA-DRIVEN PROGRAMMING AND TO ILLUMINATE THE OBESITY CRISIS AS THE GREATEST OPPORTUNITY TO INVEST IN THE HEALTH OF OUR FUTURE.

Program Service Accomplishments

Program 1
Expenses: $104,467

GALACTIC SPORTS - GASOL FOUNDATION PROGRAMS THAT USES SPORTS AND PHYSICAL ACTIVITY TO PROMOTE HEALTHY LIFESTYLES AND FUNDAMENTAL VALUES TO AT-RISK YOUTH.

Program 2
Expenses: $46,455

COMMUNITY WELLNESS IS A COMMUNITY-BASED PROGRAM FOR CHILDREN AND THEIR PARENTS. THE GOAL OF COMMUNITY WELLNESS IS TO REDUCE RISK OF CHILDHOOD OBESITY BY TEACHING BASIC HEALTHY HABITS: DIET, PHYSICAL...

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COMMUNITY WELLNESS IS A COMMUNITY-BASED PROGRAM FOR CHILDREN AND THEIR PARENTS. THE GOAL OF COMMUNITY WELLNESS IS TO REDUCE RISK OF CHILDHOOD OBESITY BY TEACHING BASIC HEALTHY HABITS: DIET, PHYSICAL ACTIVITY, SLEEP, AND EMOTIONAL WELL-BEING.

Program 3
Expenses: $19,361

ENERGY - HEALTH AND WELLNESS CAMP IS A SUMMER CAMP IN PARTNERSHIP WITH THE YMCA. KIDS TRAVEL THE "HEALTHY GALAXY" THROUGH AN 8 WEEK SUMMER CAMP PROGRAM WHERE THEY LEARN ABOUT HEALTHY EATING, PHYSICAL...

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ENERGY - HEALTH AND WELLNESS CAMP IS A SUMMER CAMP IN PARTNERSHIP WITH THE YMCA. KIDS TRAVEL THE "HEALTHY GALAXY" THROUGH AN 8 WEEK SUMMER CAMP PROGRAM WHERE THEY LEARN ABOUT HEALTHY EATING, PHYSICAL ACTIVITY AND SPORT, SLEEP QUALITY AND DURATION AND EMOTIONAL WELL-BEING. THE PROGRAM SERVED OVER 400 KIDS AGES 6-12.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $416,362
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $416,362

Expense Breakdown

Grants Paid $0
Salaries & Benefits $221,705
Fundraising Expenses $11,869
Program Expenses $205,054
Other Expenses $116,520
TOTAL EXPENSES $338,225

Year-over-Year Comparison

2023 2022 Change
Revenue $416,362 $674,238 -0.4%
Expenses $338,225 $565,054 -0.4%
Net Income $78,137 $109,184 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
15
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$167,241
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAU GASOL DIRECTOR/PRESIDENT 2.00
Officer Director
$0 $0 $0
MARC GASOL DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MICHELE CHAN SOON-SHIONG DIRECTOR 1.00
Director
$0 $0 $0
DR MARTHA MOLINA BERNADETT DIRECTOR 1.00
Director
$0 $0 $0
NEHAL RAJ DIRECTOR 1.00
Director
$0 $0 $0
HECTOR DE LA TORRE EXECUTIVE DIRECTOR (UNTIL 40.00
Officer
$87,033 $0 $87,033
LIDIA ESTRADA PROGRAMS & RESEARCH DIRECTOR 40.00
Officer
$80,208 $0 $80,208
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $416,362 $338,225 $229,830 $78,137
2023 $674,238 $565,054 $151,693 $109,184
2022 $423,436 $473,266 $42,509 $-49,830
2021 $433,007 $436,414 $92,339 $-3,407
2020 $411,252 $349,192 $138,346 $62,060
2018 $121,520 $163,336 $51,412 $-41,816
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