Chip Conley Foundation
- Assets
- $9.8m
- Revenue
- $19.2m
- Investments
- $8.8m
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 81-3243129
Organization Overview
Chip Conley Foundation is located in Berkeley, CA. The organization was established in 2017. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chip Conley 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 12/2021, Chip Conley Foundation generated $19.2m in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 26.7% per year over the past 5 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 2017, Chip Conley Foundation has awarded 118 individual grants totaling $3,736,969. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Conley President, Dir, Asst Secretary | 40 | $120,000 | |
Debra Amador Delarosa Director | 0 | $0 | |
Lynda Malone Director, Cfo, Secretary | 0 | $0 | |
Stephen T Conley Director & Chairman | 0 | $0 | |
Oren Bronstein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,121,179 |
| Interest on Savings | $0 |
| Dividends & Interest | $70,400 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,011,041 |
| Capital Gain Net Income | $9,011,041 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,202,620 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $585 |
| Depreciation | $0 |
| Occupancy | $15,125 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,544 |
| Total operating and administrative expenses | $167,212 |
| Contributions, gifts, grants paid | $2,028,482 |
| Total expenses and disbursements | $2,195,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,041,106 |
| Savings and temporary cash investments | $0 |
| 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 | $9,829,387 |
| Accounts payable and accrued expenses | $30,247 |
| 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 | $30,247 |
Grants Awarded
Over the last fiscal year, Chip Conley Foundation has awarded $2,028,482 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: IN SUPPORT OF AIRBNB.ORG | $310,156 |
BURNING MAN PURPOSE: IN SUPPORT OF BURNING MAN | $254,169 |
GLIDE FOUNDATION PURPOSE: IN SUPPORT OF GLIDE | $200,000 |
Berkeley, CA PURPOSE: IN SUPPORT OF ASSOCIATION FOR GROWTH & EDUCATION | $200,000 |
ONE GENERATION PURPOSE: IN SUPPORT OF ONE GENERATION | $156,416 |
ILLUMINATE THE ARTS PURPOSE: IN SUPPORT OF ILLUMINATE THE ARTS | $151,958 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Stem Center Seattle, WA | $144,962,083 | $51,456,581 |
Kirk Humanitarian Salt Lake City, UT | $3,740,895 | $18,227,954 |
Translational Pulmonary And Immunology Research Center Long Beach, CA | $5,349,856 | $21,502,717 |
Southern Calif Glaziers H&w Tr Fund Covina, CA | $29,114,155 | $20,946,347 |
Eleven Counties Cement Masons Vacation Savings Plan Arcadia, CA | $5,589,566 | $20,011,615 |
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Oregon Museum Of Science And Industry Portland, OR | $61,863,442 | $22,605,398 |
Education Training And Research Associates Scotts Valley, CA | $15,485,603 | $19,032,847 |
Community Action Of Skagit County Mount Vernon, WA | $8,445,889 | $20,193,339 |
Berkeley Food And Housing Project Berkeley, CA | $7,900,684 | $21,326,193 |
Partnerships To Uplift Communities Los Angeles Burbank, CA | $14,420,401 | $24,912,837 |
Synergy Academies Los Angeles, CA | $22,403,920 | $21,618,793 |