California Masonic Foundation
- Assets
- $48.5m
- Revenue
- $4.7m
- Investments
- $5.2m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 05/1969
- Data as of
- 10/2021
- EIN
- 23-7013074
Organization Overview
California Masonic Foundation is located in San Francisco, CA. The organization was established in 1969. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Masonic 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 10/2021, California Masonic Foundation generated $4.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $3.5m during the year ending 10/2021. While expenses have increased by 8.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, California Masonic Foundation has awarded 64 individual grants totaling $8,422,663. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
APPLICATION OF MASONIC PRINCIPLES IN SUPPORT OF EDUCATION, LEADERSHIP, AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRESSED WORTHY BROTHER RELIEF FUND - GRANT TO MASONIC HOMES TO PROVIDE CRITICAL RELIEF TO MASONS AND THEIR FAMILIES.
MASONIC PUBLIC EDUCATION PROGRAM - RAISING A READER -THE CALIFORNIA MASONIC FOUNDATION HAS PARTNERED WITH ONE OF THE NATION'S LARGEST AND MOST SUCCESSFUL LITERACY ORGANIZATIONS, RAISING A READER, TO BRING ITS AWARD-WINNING LITERACY PROGRAM TO PUBLIC SCHOOLS FOR THE FIRST TIME IN THE U.S. BY PROVIDING CALIFORNIA FAMILIES WITH THE TOOLS THEY NEED, THE MASONS OF CALIFORNIA PUBLIC EDUCATION PROGRAM AND RAISING A READER ARE STRENGTHENING FAMILIES AND INSPIRING A NEW GENERATION OF CHILDREN TO READ, LEARN, AND SUCCEED - ONE BOOK AT A TIME. THANKS TO THE GENEROUS SUPPORT OF MASONS THROUGHOUT CALIFORNIA. THE PARTNERSHIP BETWEEN THE TWO ORGANIZATIONS, AND THE GIFT THAT CAME ALONG WITH IT, HAS ALLOWED FOR THE EXPANSION OF THE RAISING A READER PROGRAM INTO PUBLIC ELEMENTARY SCHOOL CLASSROOMS FOR THE FIRST TIME IN ITS HISTORY. THE MASONIC PUBLIC EDUCATION PROGRAM HELPED TO SIGNIFICANTLY IMPROVE CHILD LITERACY, STRENGTHEN FAMILIES, AND INSPIRE A NEW GENERATION OF CALIFORNIA'S CHILDREN TO READ, LEARN AND SUCCEED.
ANNUAL COLLEGE SCHOLARSHIP HELPS MAKE THE DREAM OF COLLEGE A REALITY FOR HUNDREDS OF TOMORROW'S LEADERS. SINCE 1970 MORE THAN 2,500 STUDENTS HAVE BEEN ASSISTED WITH SCHOLARSHIP AWARDS RANGING FROM $10,000 TO $20,000 PER STUDENT OVER FOUR YEARS.
OTHER PROGRAM SERVICES INCLUDE: 1. MANAGEMENT OF SCHOLARSHIPS FOR OTHER ORGANIZATIONS AND CHARITIES, INCLUDING FUND MANAGEMENT, APPLICATION PROCESSING AND CHECK DISTRIBUTION2. OVERSIGHT AND ENCOURAGEMENT TO MORE THAN 350 LOCAL MASONIC LODGES TO ENGAGE THEIR COMMUNITIES IN COMMUNITY SERVICE, SCHOOL SUPPORT AND PUBLIC SERVICE3. A SPONSOR OF THE ANNUAL CALIFORNIA TEACHERS OF THE YEAR PROGRAM, THE ORGANIZATION PAYS TRIBUTE TO EXTRAORDINARY EDUCATORS EACH YEAR4. ANNUAL LEADERSHIP GRANT TO MASONIC YOUTHS TO SUPPORT THEIR LEADERSHIP TRAINING PROGRAMS5. GRANT TO CALIFORNIA MASONIC TEMPLE FOR THE PRESERVATION AND RESTORATION OF MASONIC BUILDINGS AND ARTIFACTS6. UNIVERSITY PARTNERSHIP PROGRAM - THIS PROGRAM FUNDS A SCHOLARLY PARTNERSHIP BETWEEN THE MASONIC FOUNDATION AND THE UNIVERSITY OF CALIFORNIA LOS ANGELES TO ADVANCE THE STUDY AND UNDERSTANDING OF FREEMASONRY.7. MASONIC EDUCATION AND LEADERSHIP TRAINING (MELT) DEVELOPS FUTURE MASONIC LEADERS AND ENRICHES MASONIC EDUCATION THROUGH SPONSORSHIP OF THE WARDENS LEADERSHIP RETREATS, LODGE MANAGEMENT CERTIFICATION PROGRAM AND ENHANCED EDUCATION OPPORTUNITIES. THE FOUNDATION UNDERWRITES A GREAT PORTION OF THE PROGRAM EXPENSES EACH YEAR.8. MASONS FOR MITTS - THROUGH MASONS4MITTS, THE CALIFORNIA MASONIC FOUNDATION PARTNERS WITH POPULAR BASEBALL TEAMS TO HELP UNDERSERVED YOUTH. EACH BASEBALL SEASON, TEAMS OF LODGES FACE OFF IN FRIENDLY COMPETITION TO PURCHASE BASEBALL MITTS FOR CHILDREN IN NEED. EACH MITT IS EMBOSSED WITH THE MASONS OF CALIFORNIA LOGO. OVER THE PAST 10 YEARS, THE MASONS OF CALIFORNIA HAVE PROVIDED MORE THAN $1,000,000 IN GIFTS TO SUPPORT UNDER-RESOURCED YOUTH. 9. MASONIC PUBLIC EDUCATION PROGRAM - THIS PROGRAM ADDRESSES THE HISTORIC ROLE MASONS HAVE PLAYED IN SUPPORTING PUBLIC EDUCATION, INCLUDING PRIMARY PROGRAM FOR PRIORITIES OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Heisner Chairman Of The Board | OfficerTrustee | 1 | $0 |
Allan L Casalou Secretary | Officer | 4.8 | $0 |
Douglas D Ismail President & Chief Philanthropy | Officer | 8.4 | $0 |
Thomas J Boyer Vice President/cfo | Officer | 1.6 | $0 |
Andrew D Cameron General Counsel | Officer | 2.7 | $0 |
Arthur L Salazar Jr Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,428,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,428,646 |
| Total Program Service Revenue | $0 |
| Investment income | $700,304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,559,710 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,696,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,988,857 |
| Grants and other assistance to domestic individuals. | $394,971 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,590 |
| Compensation of current officers, directors, key employees. | $79,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $346,323 |
| Pension plan accruals and contributions | $22,866 |
| Other employee benefits | $52,809 |
| Payroll taxes | $33,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,503 |
| Fees for services: Accounting | $26,706 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $271,006 |
| Fees for services: Other | $120,128 |
| Advertising and promotion | $24,544 |
| Office expenses | $40,407 |
| Information technology | $13,772 |
| Royalties | $0 |
| Occupancy | $7,826 |
| Travel | $22,177 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,254 |
| Insurance | $0 |
| All other expenses | $16,720 |
| Total functional expenses | $3,542,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,581 |
| Savings and temporary cash investments | $324,160 |
| Pledges and grants receivable | $1,742,514 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,862 |
| Net Land, buildings, and equipment | $1,613 |
| Investments—publicly traded securities | $41,062,419 |
| Investments—other securities | $5,176,028 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,503,177 |
| Accounts payable and accrued expenses | $124,021 |
| Grants payable | $1,075,133 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $94,757 |
| Total liabilities | $1,293,911 |
| Net assets without donor restrictions | $17,074,002 |
| Net assets with donor restrictions | $30,135,264 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $48,503,177 |
Grants Awarded
Over the last fiscal year, California Masonic Foundation has awarded $1,953,558 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: DISTRESSED WORTHY BROTHER RELIEF FUND | $935,022 |
Milpitas, CA PURPOSE: TO IMPROVE CHILD LITERACY, STRENGTHEN FAMILIES, AND INSPIRE A NEW GENERATION OF CALIFORNIAS CHILDREN TO READ, LEARN AND SUCCEED. | $512,000 |
San Francisco, CA PURPOSE: LETS WRITE THE FUTURE - ADVANCE CARE | $240,900 |
San Francisco, CA PURPOSE: ENRICHMENT OF EDUCATION AND LEADERSHIP SKILLS AMONG MASTER MASONS | $131,709 |
San Francisco, CA PURPOSE: GENERAL SUPPORT | $103,927 |
San Francisco, CA PURPOSE: 172TH ANNUAL COMMUNICATION GRANT FOR GALA | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that California Masonic Foundation has recieved totaling $132,542.
| Awarding Organization | Amount |
|---|---|
Free & Accepted Masons Of California Oceanside, CA PURPOSE: Lets Write the Future Campaign | $36,580 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $26,100 |
Free & Accepted Masons Of California Alhambra, CA PURPOSE: Lets Write the Future Campaign | $25,000 |
Doan Fam Tr Rancho Palos Verdes, CA PURPOSE: OPERATIONS | $15,850 |
Free & Accepted Masons Of California Petaluma, CA PURPOSE: Lets Write Future Campaign | $6,500 |
San Jose Scottish Rite Foundation San Jose, CA PURPOSE: GRAND MASTER'S PROJECT | $6,000 |
Endowment Analysis
| Beg. Balance | $18,766,888 |
| Earnings | $4,806,020 |
| Net Contributions | $450 |
| Other Expense | $549,431 |
| Grants | $386,335 |
| Ending Balance | $22,637,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eleven Counties Cement Masons Vacation Savings Plan Arcadia, CA | $5,589,566 | $20,011,615 |
Cement Masons-Employers Trust Portland, OR | $8,973,277 | $9,268,256 |
Free & Accepted Masons Of California San Francisco, CA | $37,945,101 | $7,936,426 |
California Masonic Foundation San Francisco, CA | $48,503,177 | $4,696,928 |
Monrovia Masonic Building Corporation San Francisco, CA | $0 | $3,382,664 |
California Masonic Memorial Temple San Francisco, CA | $13,072,948 | $2,605,361 |
Endowment Fund Of The Grand Chap Of Calif Order Of The Eastern Star Yorba Linda, CA | $35,878,012 | $2,185,848 |
George Mason Green & Lois C Green Foundation Tucson, AZ | $16,887,279 | $1,150,827 |
Grand Chapter Of California Order Of The Eastern Star Yorba Linda, CA | $25,727,228 | $1,078,567 |
Shriners International Phoenix, AZ | $3,164,662 | $683,028 |
Masonry Institute Of America Torrance, CA | $541,141 | $646,576 |
Shriners International Wilsonville, OR | $5,200,815 | $583,904 |