Walter And Elise Haas Fund
- Assets
- $290.8m
- Revenue
- $45.6m
- Investments
- $284.8m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 03/1953
- Data as of
- 12/2021
- EIN
- 94-6068564
Organization Overview
Walter And Elise Haas Fund is located in San Francisco, CA. The organization was established in 1953. 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. Walter And Elise Haas Fund 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, Walter And Elise Haas Fund generated $45.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $18.7m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
HOSTING MEETINGS OF NONPROFIT LEADERS AND GRANTMAKERS; SERVICE OF FOUNDATION STAFF ON NONPROFIT BOARDS AND ADVISORY COUNCILS; TECHNICAL ASSISTANCE TO ENCOURAGE PHILANTHROPY.
OTHER ACTIVITIES OF FOUNDATION LIMITED SOLELY TO GRANT MAKING.
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 |
|---|---|---|---|
Jamie Allison Executive Dir/secry/treasurer | 40 | $360,468 | |
Frances Phillips Program Director | 40 | $178,785 | |
Stephanie Rapp Sr.program Officer | 40 | $172,000 | |
Pui Ling Tam Program Officer | 40 | $150,000 | |
Sarah L O'kane Director Of Admin. | 40 | $140,000 | |
Padmini Parhasarathy Sr. Program Officer | 40 | $129,739 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Tiff Keystone Fund Lp | 12/30/21 | $935,279 |
Argonaut Securities Company | 12/30/21 | $257,539 |
The Tiff Centerstone Fund Lp | 12/30/21 | $124,810 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $600 |
| Dividends & Interest | $476,402 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,439,219 |
| Capital Gain Net Income | $11,439,219 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $33,697,017 |
| Total Revenue | $45,613,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $360,468 |
| Other employee salaries and wages | $1,083,829 |
| Pension plans, employee benefits | $506,365 |
| Interest | $0 |
| Taxes | $597,313 |
| Depreciation | $76,106 |
| Occupancy | $190,415 |
| Travel, conferences, and meetings | $696 |
| Printing and publications | $9,775 |
| Other expenses | $530,800 |
| Total operating and administrative expenses | $4,781,394 |
| Contributions, gifts, grants paid | $13,923,692 |
| Total expenses and disbursements | $18,705,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $2,601,003 |
| Net Accounts receivable | $2,879,861 |
| 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 | $258,935,272 |
| Net Land, buildings, and equipment | $399,779 |
| Other assets | $76,602 |
| Total assets | $290,773,419 |
| Accounts payable and accrued expenses | $598,202 |
| Grants payable | $0 |
| Deferred revenue | $315,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,372,357 |
| Total liabilities | $2,285,559 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Walter And Elise Haas Fund has recieved totaling $1,245,000.
| Awarding Organization | Amount |
|---|---|
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE CREATIVE WORK FUND | $630,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE CREATIVE WORK FUND | $315,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE CREATIVE WORK FUND | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |
Craig H Neilsen Foundation Encino, CA | $489,570,251 | $30,946,732 |
Prostate Cancer Foundation Santa Monica, CA | $62,542,873 | $53,016,750 |
L K Whittier Foundation Pasadena, CA | $0 | $1,423,590 |
Sunlight Giving Palo Alto, CA | $510,624,261 | $22,845,227 |
Ralph M Parsons Foundation Los Angeles, CA | $469,540,445 | $59,827,202 |
Aramont Charitable Foundation Los Angeles, CA | $20,309,665 | $851,850 |
Capital Group Companies Charitable Foundation Irvine, CA | $396,511,503 | $49,953,906 |
Vera R Campbell Foundation Los Angeles, CA | $7,174,886 | $467,590 |
Resnick Foundation Los Angeles, CA | $16,158,618 | $25,090,034 |