Christensen Family Foundation
- Assets
- $10.5m
- Revenue
- $421.1k
- Investments
- $10.2m
- Employees
- 0
- Location
- San Carlos, CA
- Founding
- 04/2003
- Data as of
- 12/2022
- EIN
- 71-0929445
Organization Overview
Christensen Family Foundation is located in San Carlos, CA. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Christensen Family 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 12/2022, Christensen Family Foundation generated $421.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $788.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Christensen Family Foundation has awarded 198 individual grants totaling $2,349,500. 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 |
|---|---|---|---|
Amy Christensen President | 0 | $0 | |
Andrew Christensen Director | 0 | $0 | |
Gavin Christensen Treasurer | 0 | $0 | |
Maren Christensen Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $243,720 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,402 |
| Capital Gain Net Income | $177,402 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $421,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,268 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,728 |
| Total operating and administrative expenses | $68,193 |
| Contributions, gifts, grants paid | $720,000 |
| Total expenses and disbursements | $788,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $343,396 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,511,404 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Christensen Family Foundation has awarded $720,000 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL | $15,000 |
BANCROFT LIBRARY PURPOSE: GENERAL | $20,000 |
BOYS & GIRLS CLUB PURPOSE: GENERAL | $29,500 |
CAMINAR PURPOSE: GENERAL | $20,000 |
CASTILLEJA PURPOSE: GENERAL | $7,000 |
BAY AREA CANCER CONNECTIONS PURPOSE: GENERAL | $25,000 |