Catholic Community Foundation Of Los Angeles
- Assets
- $298.9m
- Revenue
- $83.4m
- Investments
- $29.4m
- Employees
- 22
- Location
- Los Angeles, CA
- Founding
- 02/2015
- Data as of
- 12/2020
- EIN
- 38-3941057
Organization Overview
Catholic Community Foundation Of Los Angeles is located in Los Angeles, CA. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Catholic Community Foundation Of Los Angeles employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Community Foundation Of Los Angeles 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 12/2020, Catholic Community Foundation Of Los Angeles generated $83.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $24.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Catholic Community Foundation Of Los Angeles has awarded 525 individual grants totaling $239,838,596. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER CHARITABLE INDIVIDUALS & ENTITIES BY PHILANTHROPY MANAGEMENT IN SUPPORT OF CATHOLIC VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION:GRANTS WERE MADE FROM VARIOUS DONOR ADVISED FUNDS TO SUPPORT CATHOLIC INNER CITY SCHOOL IMPROVEMENTS, SCHOLARSHIP PROGRAMS AND YOUTH SPORT PROGRAMS IN UNDERSERVED AREAS.
PARISHES:GRANTS MADE IN SUPPORT OF CATHOLIC PARISHES, SEMINARIES, AND OTHER RELIGIOUS CAUSES.
SOCIAL SERVICES:GRANTS MADE FROM VARIOUS DONOR ADVISED FUNDS TO SUPPORT ORGANIZATIONS, RELIGIOUS ORDERS, HEALTHCARE FOR CHILDREN AND SENIORS IN THE COMMUNITY, CAPITAL CAMPAIGNS, MUSIC AND ART PROGRAMS.
OTHER RELIGIOUS SERVICES AND SEMINARIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Anderson President & Executive Dire | Officer | 30 | $280,000 |
Andrew O'boyle CFO And Treasurer | Officer | 30 | $251,743 |
Timithie Norman Director Of Development | 30 | $144,757 | |
Matthew Timothy Hansen Sr. Dir Of Oper & Board Secretary | Officer | 30 | $123,115 |
Malanna Marioneaux Asst. Treasurer & Mngr Of Ops | Officer | 30 | $84,580 |
Edward Roohan Vice Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kathleen M Anderson Management Services | 12/30/15 | $175,000 |
Renaissance Administration Donor Proc/web Host | 12/30/15 | $166,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,556,233 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,600,670 |
| Noncash contributions included in lines 1a–1f | $5,483,786 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,156,903 |
| Total Program Service Revenue | $1,602,814 |
| Investment income | $688,123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,954,438 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,411,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,591,420 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $493,314 |
| Compensation of current officers, directors, key employees. | $44,398 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $624,498 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,795 |
| Payroll taxes | $74,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,522 |
| Fees for services: Accounting | $41,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $74,113 |
| Fees for services: Other | $214,648 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,139 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,394 |
| Insurance | $51,406 |
| All other expenses | $92,150 |
| Total functional expenses | $24,567,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,929 |
| Savings and temporary cash investments | $43,298,731 |
| Pledges and grants receivable | $0 |
| 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 | $60,170 |
| Net Land, buildings, and equipment | $153 |
| Investments—publicly traded securities | $225,737,026 |
| Investments—other securities | $29,425,423 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $298,852,432 |
| Accounts payable and accrued expenses | $76,368 |
| Grants payable | $0 |
| 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 | $143,500 |
| Other liabilities | $215,323,294 |
| Total liabilities | $215,543,162 |
| Net assets without donor restrictions | $23,007,415 |
| Net assets with donor restrictions | $60,301,855 |
| 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 | $298,852,432 |
Grants Awarded
Over the last fiscal year, Catholic Community Foundation Of Los Angeles has awarded $40,297,222 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
Pomona, CA PURPOSE: OLG MOSAICS FOR NATIVITY, CALLED TO RENEW CAMPAIGN GIFT, TOGETHER IN MISSION COMMITMENT 2021,ARCHBISHOP GOMEZ'S COLA STATIONS OF THE CROSS MOSAIC PROJECT, THANK YOU TO THE ENTIRE FACULTY AND STAFF OF OUR LADY OF TALPA SCHOOL, OUR LADY OF GUADALUPE MOSAIC, SCHOOL IMPROVEMENTS FOR SALESIAN HIGH SCHOOL, PRIEST RETIREMENT FUND OF THE ARCHDIOCESE OF LOS ANGELES, A GIFT FROM ST. PHILIP THE APOSTLE, FOR BENEFIT OF "TOGETHER IN MISSION; CREDIT TO ST. PAUL THE APOSTLE PARISH | $28,481,191 |
DIOCESE OF PHOENIX PURPOSE: INNER CITY SCHOOL IMPROVEMENTS FOR PERIODS JANUARY AND FEBRUARY 2021. SCHOOL IMPROVEMENTS. | $6,832,438 |
Garden Grove, CA PURPOSE: INNER CITY SCHOOL IMPROVEMENTS AT ST. ANNE SCHOOL, TECHNOLOGY IMPROVEMENTS PER SHEA LETTER, SCHOOL IMPROVEMENTS AT ST. JOSEPH SCHOOL, CHROMEBOOK GRANT FOR BLESSED SACRAMENT, LA PURISIMA, ST. ANNE PARISH SCHOOL, ST JOSEPH-SANTA ANA, ST. JUSTIN MARTYR SCHOOL, ST. PIUS SCHOOL AND ST. POLYCARP SCHOOL, PASTORAL SERVICE APPEAL FOR OUR LADY OF MOUNT CARMEL, TUITION ASSISTANCE, SCHOOL INFRASTRUCTURE GRANT FOR INTERNET CONNECTIVITY | $1,217,354 |
Sn Bernrdno, CA PURPOSE: INNER CITY SCHOOL IMPROVEMENTS FOR PROGRESS BILLINGS ENDING MARCH 13, 2021 WHICH IS BEING MANAGED BY SHEA PROPERTIES. FOR OUR LADY OF ASSUMPTION SCHOOL. SCHOOL IMPROVEMENTS AT OUR LADY OF PERPETUAL HELP TUITION ASSISTANCE. SCHOOL IMPROVEMENTS AT HOLY ROSARY ACADEMY. | $1,154,416 |
OUR LADY QUEEN OF ANGELS CATHOLIC CHURCH PURPOSE: DONATION | $250,000 |
Denver, CO PURPOSE: TECHNOLOGY IMPROVEMENTS | $211,997 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Catholic Community Foundation Of Los Angeles has recieved totaling $2,000,306.
| Awarding Organization | Amount |
|---|---|
Edmund And Mary Shea Family Foundation Walnut, CA PURPOSE: FURTHERANCE OF EXEMPT ACTIVITIES | $1,200,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $250,000 |
J F Shea Company Foundation Walnut, CA PURPOSE: TO FURTHER EXEMPT ACTIVITIES | $210,650 |
John H & Cynthia Lee Smet Foundation Manhattan Beach, CA PURPOSE: COVID 19 ADLA GRANTS | $100,000 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA PURPOSE: PERGOLA CONSTRUCTION (VANCREST) AND NETWORK SECURITY, PHONES AND CAMERAS, EXPENSES FOR THE VILLA | $83,168 |
Frank Mchugh-Odonovan Foundation Inc Wilmington, DE PURPOSE: DIVINE MERCY CLINIC AND FAMILY CENTER | $75,000 |
Endowment Analysis
| Beg. Balance | $16,167,211 |
| Earnings | $2,050,928 |
| Admin Expense | $154,298 |
| Net Contributions | $653,832 |
| Grants | $75,970 |
| Ending Balance | $18,641,703 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yellow Chair Foundation San Francisco, CA | $899,830,560 | $147,461,050 |
St Vincent De Paul Village Inc San Diego, CA | $50,446,763 | $60,152,162 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $12,195,285 | $33,559,571 |
Cityteam Ministries San Jose, CA | $57,357,554 | $43,092,381 |
Joni And Friends Agoura Hills, CA | $42,271,581 | $29,467,878 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $298,852,432 | $83,411,965 |
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |