Cbre Foundation Inc
- Assets
- $0.0
- Revenue
- $952.7k
- Investments
- $0.0
- Employees
- 0
- Location
- El Segundo, CA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 51-0439609
Organization Overview
Cbre Foundation Inc is located in El Segundo, CA. The organization was established in 2003. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cbre Foundation Inc 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, Cbre Foundation Inc generated $952.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Cbre Foundation Inc has awarded 171 individual grants totaling $23,417,169. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CBRE FOUNDATION SUPPORTS LOCAL AND DOMESTIC RESPONSE EFFORTS AND SIGNATURE PROGRAMS UNIQUE TO CBRE AS A CARING ORGANIZATION.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CEASED OPERATIONS AND HAS DISSOLVED.
CBRE FOUNDATION CONTRIBUTES TO NUMEROUS CHARITIES AS PART OF AN EMPLOYEE MATCHING GIFT PROGRAM WITH CBRE, INC. AND IT ALSO SUPPORTS FUNDRAISING EFFORTS OF THE LOCAL CBRE, INC. OFFICES THROUGHOUT THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Lafitte Director | 0.04 | $0 | |
John Jack E Durburg Director | 0.04 | $0 | |
Timothy A Dismond Director & President | 0.04 | $0 | |
Chandra Dhandapani Director | 0.04 | $0 | |
Maria Minetti Treasurer | 0.04 | $0 | |
Veronica Hayden Secretary | 0.04 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $283,016 |
| Related organizations | $750,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,704 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,084,720 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$132,063 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $952,657 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,310,626 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $159,795 |
| 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 | $69,115 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,031 |
| Fees for services: Accounting | $27,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,065 |
| 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 | $2,066,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Cbre Foundation Inc has awarded $1,259,973 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ANY BABY CAN PURPOSE: HEALTH SERVICES | $7,196 |
AMERICAN CANCER SOCIETY PURPOSE: HEALTH SERVICES | $5,487 |
AUSTIN PETS ALIVE PURPOSE: ANIMAL RESCUE | $7,196 |
AUSTIN PLASTIC SURGERY FOUNDATION PURPOSE: HEALTH SERVICES | $7,196 |
CASA OF TRAVIS COUNTY PURPOSE: HUMAN SERVICES | $7,196 |
CHEFS SHOWCASE FOUNDATION PURPOSE: HUMAN SERVICES | $47,150 |