J-P Conte Family Foundation
- Assets
- $61.8m
- Revenue
- $17.2m
- Investments
- $61.8m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-4625648
Organization Overview
J-P Conte Family Foundation is located in San Francisco, CA. The organization was established in 2017. 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 an independent organization and not affiliated with a larger national or regional group of organizations. J-P Conte 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, J-P Conte Family Foundation generated $17.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 30.1% per year over the past 4 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 2019, J-P Conte Family Foundation has awarded 78 individual grants totaling $9,387,666. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FIRST GENERATION SCHOLARS/AMERICANS TO ATTEND COLLEGE AND SUCCEED.
SUPPORT ENVIRONMENTAL ORGANIZATIONS THAT FOCUS ON PRESERVING NATURE AND EDUCATING THE COMMUNITY VIA SCIENCE BASED CONSERVATORSHIP.
SUPPORT IMMIGRATION REFORM TO ALLOW FOR THOSE IMMIGRATING TO THE COUNTRY TO OBTAIN THE EDUCATION AND SKILLS NECESSARY TO BE SUCCESSFUL.
SUPPORT THOUGHTFUL LEADERSHIP IN THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean-Pierre Conte President | 1 | $0 | |
Judy Rossi Secretary | 1 | $0 | |
Tracy Hom Cfo/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,075,775 |
| Interest on Savings | $0 |
| Dividends & Interest | $468,147 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,643,907 |
| Capital Gain Net Income | $2,643,907 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,187,829 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $201,394 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $403 |
| Total operating and administrative expenses | $327,983 |
| Contributions, gifts, grants paid | $3,471,833 |
| Total expenses and disbursements | $3,799,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,406 |
| 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 | $35,721,700 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $61,834,142 |
| 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 | $8,133,335 |
| Total liabilities | $8,133,335 |
Grants Awarded
Over the last fiscal year, J-P Conte Family Foundation has awarded $3,471,833 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN BROTHERS ACADEMY PURPOSE: GENERAL SUPPORT. | $100,000 |
10000 DEGREES PURPOSE: SUPPORT LOW-INCOME COLLEGE SCHOLARSHIPS | $250,000 |
CATO INSTITUTE PURPOSE: CREATE FREE, OPEN, AND CIVIL SOCIETIES FOUNDED ON LIBERTARIAN PRINCIPLES. | $100,000 |
CPMC FOUNDATION - SUTTER HEALTH PURPOSE: GENERAL SUPPORT. | $416,667 |
FUND TO CONSERVE US DIPLOMATIC TREASURES ABROAD PURPOSE: SUPPORT THE PRESERVATION, RESTORATION, AND CONSERVATION OF HISTORICALLY SIGNIFICANT BUILDINGS AND DECORATIVE OBJECTS | $400,000 |
COLGATE UNIVERSITY PURPOSE: SUPPORT OF COLGATE UNIVERSITY | $100,000 |