Pg&e Corporation Foundation
- Assets
- $93.1m
- Revenue
- $27.4m
- Investments
- $18.7m
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 94-3358729
Organization Overview
Pg&e Corporation Foundation is located in Oakland, CA. The organization was established in 2000. 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. Pg&e Corporation 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, Pg&e Corporation Foundation generated $27.4m in total revenue. All expenses for the organization totaled $16.1m during the year ending 12/2022. While expenses have increased by 17.1% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla J Peterman Chairperson Of The Board | 1 | $0 | |
Patricia K Poppe Director | 1 | $0 | |
Marlene Santos Director | 1 | $0 | |
John R Simon Director | 1 | $0 | |
Adam Wright Director | 1 | $0 | |
Stephanie L Isaacson Executive Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,558,821 |
| Interest on Savings | $74,273 |
| Dividends & Interest | $316,817 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$537,309 |
| Total Revenue | $27,412,602 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $92,315 |
| Total operating and administrative expenses | $136,644 |
| Contributions, gifts, grants paid | $15,994,853 |
| Total expenses and disbursements | $16,131,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,927,509 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $72,218,509 |
| 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 | $310,091 |
| Total assets | $93,107,825 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $560,000 |
| 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 | $560,000 |