California Foundation For Commerce And Education
- Assets
- $96.4k
- Revenue
- $172.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 03/1976
- Data as of
- 12/2021
- EIN
- 51-0159900
Organization Overview
California Foundation For Commerce And Education is located in Sacramento, CA. The organization was established in 1976. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. California Foundation For Commerce And Education 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 12/2021, California Foundation For Commerce And Education generated $172.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $155.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICY MAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
R&D TAX CREDIT: SPONSOR A STUDY OF THE IMPACT OF THE R&D TAX CREDIT ON THE CALIFORNIA ECONOMY, BUSINESS, CLIMATE, AND TAX REVENUES. THE STUDY WAS USED IN CONJUNCTION WITH LEGISLATIVE CONSIDERATION ON WHETHER TO RESTORE THE CREDIT.
QUALITY EDUCATION RESEARCH FUND: PROVIDE SUPPORT AND OVERSIGHT FOR SURVEY RESEARCH, LEGAL DRAFTING, AND COMMUNITY OUTREACH ON ISSUES OF PROVIDING A CONSTITUTIONAL RIGHT FOR A HIGH QUALITY EDUCATION TO PUBLIC SCHOOL STUDENTS.
VACCINE PSA: PROVIDED FUNDING AND MESSAGING FOR COVID-19 VACCINATION PUBLIC SERVICE ANNOUNCEMENT.
KAISER TALENT PIPELINE MANAGEMENT: COLLABORATE WITH KAISER PERMANENTE AND MAJOR SACRAMENTO REGION GENERAL AND SPECIALTY CONTRACTORS TO ENSURE A LONG-TERM SUPPLY OF WORKERS FOR CONSTRUCTION OF MAJOR, COMPLEX SACRAMENTO REGION HEALTH CARE INFRASTRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence M Dicke Treasurer | Officer | 0.5 | $0 |
Loren Kaye President | Officer | 20 | $0 |
David Kilby Secretary | Officer | 0.5 | $0 |
Allan Zaremberg Director | Trustee | 0.5 | $0 |
Grace Evans Cherashore Director | Trustee | 0.2 | $0 |
Greg Bielli Director | Trustee | 0.2 | $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 | $146,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,750 |
| Total Program Service Revenue | $25,617 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,370 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,909 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,077 |
| Advertising and promotion | $0 |
| Office expenses | $552 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $155,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,176 |
| Savings and temporary cash investments | $30,174 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,350 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $19,979 |
| Net assets with donor restrictions | $76,371 |
| 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 | $96,350 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that California Foundation For Commerce And Education has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Jewish Community Foundation Berkeley, CA | $0 | $31,858 |
Kataly Foundation San Francisco, CA | $408,915,933 | $67,773,441 |
The Skoll Fund Mountain View, CA | $894,684,857 | $96,699,445 |
Campus Facilities Improvement Association San Francisco, CA | $426,351,134 | $28,084,367 |
The Fuller Foundation Pasadena, CA | $257,941,250 | $19,125,152 |
Visionfund International Monrovia, CA | $247,513,230 | $28,379,048 |
Ocf Joseph E Weston Public Foundation Portland, OR | $550,802,794 | $13,792,655 |
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |