The information for Public Policy Institute Of California is as of the organization's most recent filing in June 2022. This organization is located in San Francisco, CA. It has been in existence for 28 years, following its founding in 1994.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Public Policy Institute of California's NTEE code is T23. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "23" tells us that the organization is a Private Operating Foundation. The NTEE describes Private Operating Foundations as private foundations that use a bulk of their resources to provide charitable services or run charitable programs of their own. They make few, if any, grants to outside organizations and generally do not raise funds from the public.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Public Policy Institute of California is to inform and improve public policy in California through independent, objective, nonpartisan research.
The Public Policy Institute of California is run by Mark Baldassare, who serves as the President and CEO. The organization has a small labor force, with 94 employees. Among these employees, 38 are paid over $100k per year. Additionally, the organization relies on the support of 92 volunteers.
The Public Policy Institute of California (PPIC) appears to be well-governed based on the information provided. With 15 voting members, the organization has a significant number of individuals involved in decision-making, ensuring a diversity of perspectives. The fact that 14 of these members are independent further strengthens the governance structure, as it reduces the potential for conflicts of interest. The organization's commitment to transparency is evident through various practices. Board meetings and committee meetings are documented, which promotes accountability and ensures that decisions are well-documented. The existence of a conflict of interest policy and the requirement for disclosure of conflicts further demonstrate the organization's commitment to ethical conduct. Additionally, the PPIC has implemented important policies to promote accountability and ethical behavior. The presence of a written whistleblower policy encourages employees and stakeholders to report any wrongdoing without fear of retaliation. The organization's document retention policy ensures that important records are preserved, promoting transparency and accountability. Furthermore, the PPIC demonstrates responsible financial management by substantiating and reviewing leadership and officer's salaries. This practice ensures that compensation is reasonable and aligned with the organization's mission. Lastly, the organization's commitment to providing copies of the 990 to the board prior to filing showcases its dedication to transparency and accountability in financial reporting. Overall, the Public Policy Institute of California appears to have a well-governed structure, with strong policies and practices in place to ensure transparency, accountability, and ethical conduct.
The Public Policy Institute of California has experienced growth in certain areas over the given time period. The organization's contributions and grants received increased from $3.6 million in 2019 to $8.6 million in 2021. Additionally, the total revenue increased from $34.4 million in 2019 to $34.8 million in 2021. Employee salaries also saw an increase, with expenses rising from $11.6 million in 2019 to $12.5 million in 2021. The number of total employees also grew from 92 in 2019 to 94 in 2021. However, there were some areas of decline, such as investment income, which decreased from $30.4 million in 2019 to $26.2 million in 2021. Other revenue also decreased from $352.2 thousand in 2019 to $59.0 thousand in 2021. The number of total volunteers also decreased from 94 in 2019 to 92 in 2021. Overall, while there were some areas of decline, the Public Policy Institute of California has shown growth in terms of contributions, revenue, employee salaries, and total employees.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Baldassare President And CEO | OfficerTrustee | 40 | $508,749 |
Ellen Hanak VP & Dir, Water Policy Ctr & Sen. Fellow | Officer | 40 | $326,529 |
Hans Johnson Senior Fellow | 40 | $295,462 | |
Cynthia Scherer Treasurer And CFO | Officer | 40 | $283,654 |
Abigail Cook VP Of Comms & Chief Strategy Officer | Officer | 40 | $279,296 |
Sarah Bohn VP Of Research And Senior Fellow | Officer | 40 | $253,830 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Abt Associates Survey | 6/29/22 | $671,900 |
Long Dash Website Design Consulting | 6/29/22 | $276,860 |
Ipsos Public Affairs Llc Survey | 6/29/22 | $304,886 |
Wisebridge Dei Consulting | 6/29/22 | $245,000 |
Aon Investment Usa Inc Investment Management Consulting | 6/29/22 | $143,300 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,079,749 |
All other contributions, gifts, grants, and similar amounts not included above | $7,495,230 |
Noncash contributions included in lines 1a–1f | $26,982 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,574,979 |
Total Program Service Revenue | $0 |
Investment income | $10,776,480 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $58,927 |
Net Gain/Loss on Asset Sales | $15,425,550 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $34,836,055 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $2,351,624 |
Compensation of current officers, directors, key employees. | $1,048,855 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,389,185 |
Pension plan accruals and contributions | $801,878 |
Other employee benefits | $1,205,783 |
Payroll taxes | $723,739 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,994 |
Fees for services: Accounting | $79,661 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,758,069 |
Fees for services: Other | $1,555,526 |
Advertising and promotion | $0 |
Office expenses | $205,822 |
Information technology | $282,619 |
Royalties | $0 |
Occupancy | $1,070,377 |
Travel | $77,115 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $56,794 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $101,064 |
Insurance | $79,326 |
All other expenses | $97,635 |
Total functional expenses | $20,015,014 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,129,090 |
Savings and temporary cash investments | $39,861 |
Pledges and grants receivable | $1,669,277 |
Accounts receivable, net | $1,015,215 |
Loans from Officers, Directors, or Controlling Persons | $151 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,291,671 |
Net Land, buildings, and equipment | $21,583,384 |
Investments—publicly traded securities | $254,640,187 |
Investments—other securities | $59,070,410 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $512,663 |
Total assets | $340,951,909 |
Accounts payable and accrued expenses | $2,935,334 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $12,705,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $19,897,415 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $512,664 |
Total liabilities | $36,050,413 |
Net assets without donor restrictions | $288,233,712 |
Net assets with donor restrictions | $16,667,784 |
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 | $340,951,909 |
Over the last fiscal year, we have identified 32 grants that Public Policy Institute Of California has recieved totaling $6,980,895.
Awarding Organization | Amount |
---|---|
James Irvine Foundation San Francisco, CA PURPOSE: TO PRODUCE INFORMATION ON POLICY ISSUES | $2,500,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE WALTER AND ESTHER HEWLETT CHAIR IN UNDERSTANDING CALIFORNIA'S FUTURE | $1,000,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION; POSTSECONDARY EDUCATION; PUBLIC AWARENESS AND ANALYSIS | $600,000 |
Laura And John Arnold Foundation Houston, TX PURPOSE: TO EXAMINE AND IMPROVE INTERACTIONS BETWEEN LAW ENFORCEMENT AND COMMUNITY MEMBERS. | $426,816 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION; POSTSECONDARY EDUCATION; PUBLIC AWARENESS AND ANALYSIS | $400,000 |
William T Grant Foundation Inc New York, NY PURPOSE: REDUCING GAPS IN EDUCATIONAL ATTAINMENT - THE ROLE OF REMEDIATION REFORM IN CALIFORNIA COMMUNITY COLLEGES | $203,574 |
Beg. Balance | $1,597,217 |
Earnings | -$173,468 |
Ending Balance | $1,423,749 |
Organization Name | Assets | Revenue |
---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |