California Scottish Rite Foundation
- Assets
- $53.1m
- Revenue
- $9.6m
- Investments
- $11.0m
- Employees
- 25
- Location
- Anaheim, CA
- Founding
- 07/1988
- Data as of
- 06/2022
- EIN
- 94-6078728
Organization Overview
California Scottish Rite Foundation is located in Anaheim, CA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, California Scottish Rite Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Scottish Rite 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 06/2022, California Scottish Rite Foundation generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $4.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, California Scottish Rite Foundation has awarded 44 individual grants totaling $729,201. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND ASSIST THE CHILDREN IN CALIFORNIA TO DEVELOP THEIR FULL POTENTIAL BY PROVIDING CHILDHOOD LANGUAGE SERVICES, SCHOLARSHIPS, AND OTHER CHARITABLE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES 16 CHILDHOOD LANGUAGE CENTERS THROUGHOUT THE STATE OF CALIFORNIA WHICH PROVIDED 23,510 HOURS OF ASSESSMENT AND TREATMENT DURING FISCAL YEAR ENDED JUNE 2022 TO AN AVERAGE MONTHLY CASELOAD OF 423 CHILDREN.
THE FOUNDATION AWARDS SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE COLLEGE STUDENTS. THE SCHOLARSHIP COMMITTEE REVIEWS APPLICATIONS CONSIDERING THE FOLLOWING FINANCIAL NEED, ANTICIPATED COLLEGE EXPENSES, ACADEMIC ACHIEVEMENT, APPLICANT GOALS, INVOLVEMENT IN EXTRACURRICULAR ACTIVITIES, WORK HISTORY AND LETTERS OF RECOMMENDATION. DURING FISCAL YEAR ENDED JUNE 2022, 61 SCHOLARSHIPS WERE AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Loui President And Chairman Of The Board | OfficerTrustee | 1 | $0 |
Arthur L Salazar Evp And Secretary | OfficerTrustee | 40 | $193,284 |
Ronald Drake Treasurer (as Of 4/2021) | OfficerTrustee | 1 | $0 |
John R Heisner Vice President (until 06/2022) | OfficerTrustee | 1 | $0 |
Fulgencio Quimpo Vice President | OfficerTrustee | 1 | $0 |
Ralph Shelton Vice President (as Of 06/2022) | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Speech Language Learning Associates Speech Pathology | 6/29/22 | $464,927 |
University Of The Pacific Speech Pathology | 6/29/22 | $161,453 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,499 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,227,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,269,538 |
| Total Program Service Revenue | $0 |
| Investment income | $5,465,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,854,812 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,616,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $279,971 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $193,284 |
| Compensation of current officers, directors, key employees. | $65,015 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,326,327 |
| Pension plan accruals and contributions | $36,118 |
| Other employee benefits | $82,657 |
| Payroll taxes | $135,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,490 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $258,636 |
| Fees for services: Other | $1,063,076 |
| Advertising and promotion | $0 |
| Office expenses | $30,610 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $208,410 |
| Travel | $1,014 |
| 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 | $30,623 |
| Insurance | $82,026 |
| All other expenses | $38,895 |
| Total functional expenses | $4,050,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,279 |
| Savings and temporary cash investments | $585,540 |
| Pledges and grants receivable | $20,667 |
| Accounts receivable, net | $0 |
| 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 | $85,284 |
| Net Land, buildings, and equipment | $34,676 |
| Investments—publicly traded securities | $40,925,668 |
| Investments—other securities | $11,001,112 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $236,975 |
| Total assets | $53,092,201 |
| Accounts payable and accrued expenses | $300,880 |
| 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 | $300,880 |
| Net assets without donor restrictions | $9,295,481 |
| Net assets with donor restrictions | $43,495,840 |
| 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 | $53,092,201 |
Grants Awarded
Over the last fiscal year, California Scottish Rite Foundation has awarded $65,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JOB'S DAUGHTERS OF CALIFORNIA PURPOSE: FUNDING OF YOUTH ORDER | $5,000 |
SCOTTISH RITE FOUNDATION PURPOSE: FUNDING OF SEAL SCHOLARSHIP FUND | $45,000 |
CALIF DEMOLAY NORTH PURPOSE: FUNDING OF YOUTH ORDER | $5,000 |
CALIF DEMOLAY SOUTH PURPOSE: FUNDING OF YOUTH ORDER | $5,000 |
RAINBOW GIRLS OF CALIFORNIA PURPOSE: FUNDING OF YOUTH ORDER | $5,000 |