Christian Foundation Of The West Inc
- Assets
- $29.9m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Westlake Village, CA
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 77-0566530
Organization Overview
Christian Foundation Of The West Inc is located in Westlake Village, CA. The organization was established in 2002. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Christian Foundation Of The West Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Foundation Of The West 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 12/2021, Christian Foundation Of The West Inc generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 17.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christian Foundation Of The West Inc has awarded 270 individual grants totaling $5,491,820. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN FOUNDATION OF AMERICA (FORMERLY NAMED CHRISTIAN FOUNDATION OF THE WEST; THE FOUNDATION) OPERATES AS A CHRISTIAN COMMUNITY FOUNDATION. SERVICES INCLUDE PLANNED GIVING PROGRAMS, ALLOCATING AND ADMINISTERING FUNDS RECIEVED BY THE FOUNDATION THROUG PLANNED GIVING, SERVING AS A FINANCIAL RESOURCE BY PROVIDING GRANTS AND OTHER DISTRIBUTIONS TO CHURCHES AND CHARITITES, AND PROVIDING STEWARDSHIP TRAINING AND FINANCIAL AND CHARITABLE GIVING EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE GRANTS TO CHURCHES, CHRISTIAN AND OTHER CHARITABLE ORGANIZATIONS, AND PROVIDED INFORMATION TO ENCOURAGE CHARITABLE GIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine L Saigeon President/ed | OfficerTrustee | 40 | $104,000 |
Dr David Devries Director | OfficerTrustee | 1 | $0 |
John Brown Treasurer | OfficerTrustee | 1 | $0 |
Susanne L Chung Secretary | OfficerTrustee | 1 | $0 |
G Michael Livingston Chairman | OfficerTrustee | 1 | $0 |
Richard Kasel Jr Director | Trustee | 1 | $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 | $7,329,628 |
| Noncash contributions included in lines 1a–1f | $2,411,677 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,329,628 |
| Total Program Service Revenue | $203,300 |
| Investment income | $110,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $494,940 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,138,364 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,770,571 |
| 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. | $104,000 |
| Compensation of current officers, directors, key employees. | $8,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,861 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,924 |
| Payroll taxes | $17,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39 |
| Fees for services: Accounting | $7,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,760 |
| Fees for services: Other | $31,251 |
| Advertising and promotion | $8,042 |
| Office expenses | $6,384 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,049 |
| Travel | $2,603 |
| 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 | $2,581 |
| Insurance | $2,523 |
| All other expenses | $2,718 |
| Total functional expenses | $2,289,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,066 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,190 |
| 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 | $10,469 |
| Investments—publicly traded securities | $25,096,432 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,676,195 |
| Total assets | $29,861,352 |
| Accounts payable and accrued expenses | $4,924 |
| 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 | $19,670,908 |
| Total liabilities | $19,675,832 |
| Net assets without donor restrictions | $345,657 |
| Net assets with donor restrictions | $9,839,863 |
| 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 | $29,861,352 |
Grants Awarded
Over the last fiscal year, Christian Foundation Of The West Inc has awarded $1,300,715 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
Westlake Village, CA PURPOSE: General Fund | $117,625 |
Westlake Village, CA PURPOSE: General Fund | $91,875 |
Westlake Vlg, CA PURPOSE: General Fund | $83,124 |
Newbury Park, CA PURPOSE: general fund | $63,150 |
Hillsdale, MI PURPOSE: general fund | $61,500 |
Simi Valley, CA PURPOSE: General Fund | $51,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Christian Foundation Of The West Inc has recieved totaling $615,125.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $400,000 |
Christian Foundation Of The West Inc Westlake Village, CA PURPOSE: General Fund | $117,625 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $50,000 |
Living Stones Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
Philanthropy For Active Civic Engagement Washington, DC PURPOSE: IDEOS INSTITUTE | $11,500 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR GENERAL OPERATING SUPPORT. | $1,000 |
Endowment Analysis
| Beg. Balance | $112,071 |
| Earnings | $12,491 |
| Admin Expense | $805 |
| Grants | $12,600 |
| Ending Balance | $111,157 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missions Of Hope International Phoenix, AZ | $1,398,105 | $11,092,409 |
Foundation For Christianstewardship Irvine, CA | $2,166,053 | $1,632,635 |
Christian Foundation Of The West Inc Westlake Village, CA | $29,861,352 | $8,138,364 |
Shinnyo-En Foundation San Bruno, CA | $28,915,235 | $1,951,028 |
Libitzky Family Foundation San Francisco, CA | $16,385,031 | $1,879,741 |
Episcopal Impact Fund San Francisco, CA | $6,585,359 | $2,213,656 |
Joseph J Storey Charitable Remainder Unitrust Las Vegas, NV | $7,569,430 | $1,397,221 |
Spiritual Care Link Foundation Scottsdale, AZ | $356,325 | $815,410 |
Shedry Dar Foundation Mesa, AZ | $4,092,490 | $2,757,316 |
Global Assistance Partner La Habra, CA | $431,832 | $683,902 |
Catholic Womens Guild Hawaii Kailua, HI | $0 | $290,181 |
Bibles4egypt Placentia, CA | $704,338 | $1,017,728 |