Egg Foundation
- Assets
- $68.7m
- Revenue
- $2.9m
- Investments
- $65.6m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 02/2008
- Data as of
- 12/2022
- EIN
- 20-8090285
Organization Overview
Egg Foundation is located in San Francisco, CA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Egg Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Egg Foundation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Egg Foundation has awarded 91 individual grants totaling $9,242,474. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Schrier CEO | 10 | $0 | |
Cecily Cameron Cfo/secretary | 2 | $0 | |
William Maniatis Board Member | 0.25 | $0 | |
Andreas Nicholas Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,407,618 |
| Interest on Savings | $3,749 |
| Dividends & Interest | $193,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,400,700 |
| Capital Gain Net Income | $1,400,700 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$88,125 |
| Total Revenue | $2,917,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $162,901 |
| Pension plans, employee benefits | $31,156 |
| Interest | $220,529 |
| Taxes | $50,143 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,836 |
| Printing and publications | $0 |
| Other expenses | $47,900 |
| Total operating and administrative expenses | $544,535 |
| Contributions, gifts, grants paid | $4,070,592 |
| Total expenses and disbursements | $4,615,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,780 |
| Net Accounts receivable | $3,000,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $65,624,815 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $68,697,595 |
| Accounts payable and accrued expenses | $10,671 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $5,000,000 |
| Other liabilities | $2,337,831 |
| Total liabilities | $7,348,502 |
Grants Awarded
Over the last fiscal year, Egg Foundation has awarded $4,070,592 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
826 VALENCIA PURPOSE: GENERAL SUPPORT | $30,000 |
BOSTON REVIEW PURPOSE: GENERAL SUPPORT | $50,000 |
CENTER FOR EFFECTIVE GLOBAL ACTION AT UNIVERSITY OF CALIFORNIA BERKELEY PURPOSE: GENERAKL SUPPORT | $100,000 |
CATCHLIGHT PURPOSE: GENERAL SUPPORT | $33,333 |
COACHING CORPSPOSITIVE COACHING ALLIANCE PURPOSE: GENERAL SUPPORT | $25,000 |
GATEWAY PUBLIC SCHOOLS PURPOSE: GENERAL SUPPORT | $35,000 |