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Gihon Foundation

  • Los Angeles, CA
  • Tax-exempt since Feb. 2009
  • EIN: 80-0267626

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$760k (2024)

Expenses
$381k (2024)

Total Assets
$2.85M (2024)

Total Liabilities
$71 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$760,096
Expenses
$381,017
Net Income
$379,079
Net Assets
$2,852,389
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $30,048
4.0%
Dividends $74,456
9.8%
Sales of Assets $655,592
86.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $137,709
36.1%
Compensation of Officers* $100,000
26.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,852,460
Total Liabilities $71
Net Assets $2,852,389
Compensation
Key Employees and Officers Compensation Other
Christian Nesmith (Vice President/Trustee) $25,000 $0
Jason Nesmith (Trustee) $25,000 $0
Jonathan Nesmith (Trustee) $25,000 $0
Jessica Nesmith (Trustee) $25,000 $0
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Document Links

990-PF
Filed on Nov. 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$609,517
Expenses
$483,371
Net Income
$126,146
Net Assets
$2,473,310
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20,860
3.4%
Dividends $38,551
6.3%
Sales of Assets $550,106
90.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $109,790
22.7%
Compensation of Officers* $200,000
41.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,473,458
Total Liabilities $148
Net Assets $2,473,310
Compensation
Key Employees and Officers Compensation Other
Christian Nesmith (Vice President/Trustee) $50,000 $0
Jason Nesmith (Trustee) $50,000 $0
Jonathan Nesmith (Trustee) $50,000 $0
Jessica Nesmith (Trustee) $50,000 $0
Jessica Kent (Secretary) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 12, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$166,008
Expenses
$1,847,015
Net Income
-$1,681,007
Net Assets
$2,347,164
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20,905
12.6%
Dividends $125,278
75.5%
Sales of Assets $19,825
11.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,614,470
87.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,347,164
Total Liabilities $0
Net Assets $2,347,164
Compensation
Key Employees and Officers Compensation Other
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,274,351
Expenses
$424,711
Net Income
$849,640
Net Assets
$4,028,171
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $17,577
1.4%
Dividends $135,748
10.7%
Sales of Assets $1,121,026
88.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $100,410
23.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,041,203
Total Liabilities $13,032
Net Assets $4,028,171
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$181,978
Expenses
$341,100
Net Income
-$159,122
Net Assets
$3,178,531
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20,710
11.4%
Dividends $79,850
43.9%
Sales of Assets $81,418
44.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $116,399
34.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,189,140
Total Liabilities $10,609
Net Assets $3,178,531
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$206,575
Expenses
$354,308
Net Income
-$147,733
Net Assets
$3,337,653
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $29,189
14.1%
Dividends $94,842
45.9%
Sales of Assets $82,544
40.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $164,750
46.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,366,424
Total Liabilities $28,771
Net Assets $3,337,653
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$289,609
Expenses
$399,230
Net Income
-$109,621
Net Assets
$3,485,386
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $35,530
12.3%
Dividends $98,323
34.0%
Sales of Assets $155,756
53.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $209,460
52.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,555,241
Total Liabilities $69,855
Net Assets $3,485,386
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$287,292
Expenses
$298,624
Net Income
-$11,332
Net Assets
$3,595,007
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20,660
7.2%
Dividends $51,917
18.1%
Sales of Assets $214,715
74.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $122,955
41.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,691,970
Total Liabilities $96,963
Net Assets $3,595,007
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$43,283
Expenses
$507,594
Net Income
-$464,311
Net Assets
$3,606,339
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $18,611
43.0%
Dividends $51,954
> 100%
Sales of Assets -$27,282
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $125,556
24.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,611,761
Total Liabilities $5,422
Net Assets $3,606,339
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 14, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$388,580
Expenses
$237,973
Net Income
$150,607
Net Assets
$4,070,650
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,748
1.0%
Dividends $52,369
13.5%
Sales of Assets $332,463
85.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $91,388
38.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,076,743
Total Liabilities $6,093
Net Assets $4,070,650
Compensation
Key Employees and Officers Compensation Other
Michael Nesmith (President/Trustee) $0 $0
Christian Nesmith (Vice President/Trustee) $0 $0
Jessica Kent (Secretary) $0 $0
Jason Nesmith (Trustee) $0 $0
Jonathan Nesmith (Trustee) $0 $0
Jessica Nesmith (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$236,092
Expenses
$274,397
Net Income
-$38,305
Net Assets
$3,920,043
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $95
0.0%
Dividends $78,458
33.2%
Sales of Assets $157,539
66.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $87,487
31.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,924,439
Total Liabilities $4,396
Net Assets $3,920,043

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$286,411
Expenses
$370,686
Net Income
-$84,275
Net Assets
$3,958,348
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,842
1.3%
Dividends $75,891
26.5%
Sales of Assets $206,131
72.0%
Other Income $547
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $225,701
60.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,964,503
Total Liabilities $6,155
Net Assets $3,958,348

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$480,245
Expenses
$259,436
Net Income
$220,809
Net Assets
$4,042,623
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,838
0.8%
Dividends $82,069
17.1%
Sales of Assets $386,638
80.5%
Other Income $7,700
1.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $128,468
49.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,049,141
Total Liabilities $6,518
Net Assets $4,042,623

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$195,851
Expenses
$287,926
Net Income
-$92,075
Net Assets
$3,821,814
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,375
4.3%
Dividends $71,816
36.7%
Sales of Assets $117,537
60.0%
Other Income -$1,877
Notable Expenses Percent of Total Expenses
Charitable Disbursements $24,955
8.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,827,240
Total Liabilities $5,426
Net Assets $3,821,814

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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