Abs Cbn Foundation International
- Assets
- $396.6k
- Revenue
- $659.0k
- Investments
- $0.0
- Employees
- 0
- Location
- South San Francisco, CA
- Founding
- 10/1998
- Data as of
- 12/2021
- EIN
- 94-3292281
Organization Overview
Abs Cbn Foundation International is located in South San Francisco, CA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Abs Cbn Foundation International 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, Abs Cbn Foundation International generated $659.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $602.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COMPANY IS A PRIVATE, NOT-PROFIT NON GOVERNMENTAL ORGANIZATION DEDICATED TO RAISING FUNDS TO HELP IMPROVE THE LIVES AND LIVELIHOOD OF DISADVANTAGED FILIPINO COMMUNITIES IN THE PHILIPPINES AND AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING A CENTER FOR CHILD ABUSE PREVENTION, RESCUE AND REHABILITATION FOR CHILDREN AND EDUCATIONAL TELEVISION FOR SCHOOL CHILDREN.
FUNDING FOR DISASTER RELIEF FOR THE INHABITANTS IN THE AREAS AFFECTED BY NATURAL DISASTERS IN THE PHILIPPINES, AS WELL AS SUPPORT FOR NEED AND BASIC NECESSITIES OF THOSE WHO HAVE LOST JOBS AND CANNOT MAKE A LIVING DUE TO THE COVID-19 PANDEMIC.
FUNDING FOR ENVIRONMENTAL CAMPAIGN PROMOTING AND PROTECTING THE PHILIPPINES' NATURAL RESOURCES.
PROVIDE CONTINUING ASSISTANCE FOR SENIOR HIGH SCHOOL TEACHERS AND STUDENTS FOR THEM TO GAIN KNOWLEDGE, VALUES, AND SKILLS NECESSARY TO BECOME WORTHY AND CARING INDIVIDUALS AND CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Lopez Managing Director | OfficerTrustee | 40 | $116,360 |
Edgardo D Carbonel Treasurer | Officer | 0 | $0 |
Rafael L Lopez Chairman | Trustee | 0 | $0 |
Rolando S Del Rosario Jr Secretary | Trustee | 0 | $0 |
Aldrin M Cerrado Director | Trustee | 0 | $0 |
Nerissa Fernandez Director | Trustee | 0 | $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 | $658,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $658,998 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $658,998 |
| 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 | $208,301 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,360 |
| Compensation of current officers, directors, key employees. | $23,272 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,747 |
| Pension plan accruals and contributions | $2,356 |
| Other employee benefits | $20,270 |
| Payroll taxes | $16,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $827 |
| Office expenses | $923 |
| Information technology | $1,653 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $579 |
| 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 | $1,567 |
| Insurance | $2,487 |
| All other expenses | $1,125 |
| Total functional expenses | $602,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,407 |
| 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 | $19,424 |
| Net Land, buildings, and equipment | $643 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $396,555 |
| Accounts payable and accrued expenses | $20,183 |
| 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 | $0 |
| Total liabilities | $20,183 |
| Net assets without donor restrictions | $376,372 |
| Net assets with donor restrictions | $0 |
| 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 | $396,555 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Abs Cbn Foundation International has recieved totaling $38,221.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,085 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7,997 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,139 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |