Archstone Foundation
- Assets
- $101.2m
- Revenue
- $211.9k
- Investments
- $99.9m
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 33-0133359
Organization Overview
Archstone Foundation is located in Long Beach, CA. The organization was established in 1987. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Archstone 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 06/2022, Archstone Foundation generated $211.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (59.8%) each year. All expenses for the organization totaled $6.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Archstone Foundation has awarded 478 individual grants totaling $13,413,540. 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 |
|---|---|---|---|
Christopher A Langston President/ceo | 40 | $362,568 | |
Mary Ellen Kullman Vice President | 40 | $240,769 | |
Amye L Leong Director | 2 | $36,000 | |
Rocky Suares Director | 2 | $36,000 | |
Peter Szutu Director | 2 | $38,000 | |
Cynthia Banks Director | 2 | $38,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates | 6/29/21 | $172,825 |
Strategic Communications And Planning | 6/29/21 | $53,094 |
Kate O'malley Consulting | 6/29/21 | $53,518 |
Russell Trust Company | 6/29/21 | $413,387 |
Russell Trust Company | 6/29/21 | $413,387 |
Cambridge Associates | 6/29/21 | $172,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $558,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$600,686 |
| Capital Gain Net Income | $197,887 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $253,900 |
| Total Revenue | $211,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $935,837 |
| Other employee salaries and wages | $662,971 |
| Pension plans, employee benefits | $202,681 |
| Interest | $0 |
| Taxes | $90,606 |
| Depreciation | $62,513 |
| Occupancy | $195,500 |
| Travel, conferences, and meetings | $71,706 |
| Printing and publications | $0 |
| Other expenses | $813,349 |
| Total operating and administrative expenses | $3,635,710 |
| Contributions, gifts, grants paid | $2,440,129 |
| Total expenses and disbursements | $6,075,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347 |
| Savings and temporary cash investments | $625,381 |
| Net Accounts receivable | $0 |
| 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 | $509,581 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $99,887,230 |
| Net Land, buildings, and equipment | $175,866 |
| Other assets | $19,294 |
| Total assets | $101,217,699 |
| Accounts payable and accrued expenses | $297,690 |
| Grants payable | $1,256,811 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $928,769 |
| Total liabilities | $2,483,270 |
Grants Awarded
Over the last fiscal year, Archstone Foundation has awarded $3,808,020 in support to 134 organizations.
| Grant Recipient | Amount |
|---|---|
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO PURPOSE: IMPACT OF SNAP ON HEALTH OUTCOMES IN A HIGH-RISK OLDER ADULT POPULATION: A STUDY TO DRIVE ADVOCACY EFFORTS | $165,738 |
THE SCAN FOUNDATION PURPOSE: CALIFORNIA MASTER PLAN FOR AGING | $100,000 |
ALZHEIMERS FAMILY SERVICES CENTER PURPOSE: ADULT EVENING HEALTH SERVICES & CAREGIVER COUNSELING | $26,023 |
OPICA ADULT DAY PROGRAM AND COUNSEL PURPOSE: CARE FOR THE CARING: EMPOWERING THE CAREGIVER | $28,296 |
CALIFORNIA FOOD POLICY ADVOCATES PURPOSE: MOVING TO YES: REMOVING BARRIERS TO DATA SHARING TO ACCELERATE EFFORTS TO CONNECT OLDER ADULTS WITH FOOD RESOURCES | $5,653 |
UNIVERSITY OF WASHINGTON PURPOSE: BRIDGING FAMILIES, CLINICS, AND COMMUNITIES TO ADVANCE LATE-LIFE DEPRESSION | $580,006 |