James Irvine Foundation
- Assets
- $3.2b
- Revenue
- $222.1m
- Investments
- $3.2b
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 11/1939
- Data as of
- 12/2022
- EIN
- 94-1236937
Organization Overview
James Irvine Foundation is located in San Francisco, CA. The organization was established in 1939. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. James Irvine 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, James Irvine Foundation generated $222.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $215.3m during the year ending 12/2022. While expenses have increased by 10.2% per year over the past 8 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 2013, James Irvine Foundation has awarded 6,771 individual grants totaling $1,346,490,645. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
FOUNDATION-ADMINISTERED PROJECT TO RECOGNIZE AND SUPPORT DIVERSE LEADERS WHOSE WORK IMPROVES LIVES, CREATES OPPORTUNITY, AND CONTRIBUTES TO A BETTER CALIFORNIA, THROUGH THE JAMES IRVINE FOUNDATION LEADERSHIP AWARDS.
FOUNDATION-ADMINISTERED PROJECT TO SUPPORT NONPROFIT ORGANIZATIONS ADVANCING THE RIGHTS OF LOW-INCOME WORKERS IN CALIFORNIA THROUGH FINANCIAL MANAGEMENT COACHING, FUND ADVISING, AND STRATEGIC PLANNING.
FOUNDATION-ADMINISTERED PROJECT TO CONTINUE PARTNERING DIRECTLY AND THROUGH GRANTEES WITH FEDERAL AND STATE LEADERS TO PROVIDE MORE LOW-WAGE CALIFORNIANS WITH ACCESS TO FAMILY-SUSTAINING CAREERS AND OPPORTUNITIES FOR ECONOMIC ADVANCEMENT.
FOUNDATION-ADMINISTERED PROJECT TO PARTNER WITH BETTER CAREERS GRANTEES TO ENGAGE IN STRATEGIC LEARNING THAT CAN INCREASE IMPACT AND INFORM DECISION-MAKING ACROSS THE INITIATIVE TO ULTIMATELY STRENGTHEN ITS IMPACT ON THE BROADER WORKFORCE FIELD.
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 |
|---|---|---|---|
Name Not Listed President& Ceo/dir | 50 | $734,000 | |
Name Not Listed Treasurer & Cio | 50 | $1,762,750 | |
Name Not Listed Corp Sec & COO | 50 | $371,000 | |
Name Not Listed Assistant Corporate Secretary | 50 | $172,000 | |
Name Not Listed Director | 2 | $10,000 | |
Name Not Listed Chair | 2 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capitol Impact Consulting Llc | 12/30/22 | $2,040,365 |
Silchester International | 12/30/22 | $631,405 |
Neumeier Poma Investment Counsel Llc | 12/30/22 | $575,292 |
Social Policy Research Associates Inc | 12/30/22 | $376,676 |
Primecap Management Company | 12/30/22 | $482,065 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,317,175 |
| Dividends & Interest | $1,723,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $213,042,226 |
| Capital Gain Net Income | $91,067,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,711 |
| Total Revenue | $222,104,580 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,143,511 |
| Other employee salaries and wages | $14,981,209 |
| Pension plans, employee benefits | $4,097,269 |
| Interest | $2,380,479 |
| Taxes | $3,582,073 |
| Depreciation | $522,254 |
| Occupancy | $1,638,258 |
| Travel, conferences, and meetings | $1,290,454 |
| Printing and publications | $70,251 |
| Other expenses | -$6,322,743 |
| Total operating and administrative expenses | $30,618,867 |
| Contributions, gifts, grants paid | $184,728,132 |
| Total expenses and disbursements | $215,346,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,179 |
| Savings and temporary cash investments | $35,421,523 |
| Net Accounts receivable | $21,316,046 |
| 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 | $2,788,700,874 |
| Net Land, buildings, and equipment | $1,526,517 |
| Other assets | $36,283,017 |
| Total assets | $3,245,582,018 |
| Accounts payable and accrued expenses | $109,087,498 |
| Grants payable | $6,190,547 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $49,844,062 |
| Total liabilities | $165,122,107 |
Grants Awarded
Over the last fiscal year, James Irvine Foundation has awarded $193,445,367 in support to 588 organizations.
| Grant Recipient | Amount |
|---|---|
1951 COFFEE COMPANY PURPOSE: FOR UNRESTRICTED SUPPORT | $23,000 |
ACADEMY FOUNDATION PURPOSE: TO EXPAND A CAREER PROGRAM. | $150,000 |
ACCE INSTITUTE PURPOSE: FOR GENERAL SUPPORT | $500,000 |
ACADEMY OF TELEVISION ARTS & SCIENCES FOUNDATION PURPOSE: TO IMPROVE CAREER PATHWAYS | $190,000 |
ACCELERATOR FOR AMERICA PURPOSE: TO SUPPORT LOCAL AND REGIONAL LEADERS | $775,000 |
ACCESS REPRODUCTIVE JUSTICE PURPOSE: FOR UNRESTRICTED SUPPORT | $2,500 |