Alfred C Munger Foundation
- Assets
- $17.7m
- Revenue
- $91.2m
- Investments
- $3.6m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/1967
- Data as of
- 11/2022
- EIN
- 95-2462103
Organization Overview
Alfred C Munger Foundation is located in Los Angeles, CA. The organization was established in 1967. 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. Alfred C Munger 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 11/2022, Alfred C Munger Foundation generated $91.2m in total revenue. All expenses for the organization totaled $79.0m during the year ending 11/2022.
Since 2020, Alfred C Munger Foundation has awarded 86 individual grants totaling $151,609,636. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles T Munger Trustee, President | 0 | $0 | |
Wendy Munger Secretary | 0 | $0 | |
Molly Munger Cfo/assistant Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,883,770 |
| Interest on Savings | $31,715 |
| Dividends & Interest | $68,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $179,101 |
| Capital Gain Net Income | $91,059,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,163,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,316,241 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,569 |
| Total operating and administrative expenses | $1,346,685 |
| Contributions, gifts, grants paid | $77,669,078 |
| Total expenses and disbursements | $79,015,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,155,833 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,737,694 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $160,168 |
| Total liabilities | $160,168 |
Grants Awarded
Over the last fiscal year, Alfred C Munger Foundation has awarded $77,669,078 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Barbara, CA PURPOSE: GENERAL | $76,401,078 |
UC REGENTS PURPOSE: GENERAL | $500,000 |
THE HUNTINGTON LIBRARY PURPOSE: GENERAL | $300,000 |
PLANNED PARENTHOOD - WORLD POPULATION PURPOSE: GENERAL | $150,000 |
HARVARD WESTLAKE SCHOOL PURPOSE: GENERAL | $100,000 |
Santa Barbara, CA PURPOSE: GENERAL | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $7,102,375,761 | $894,057,700 |
David And Lucile Packard Foundation Los Altos, CA | $0 | $658,614,112 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $0 | $528,454,632 |
Gerson Bakar Foundation San Francisco, CA | $2,671,857,395 | $1,929,752,035 |
Carl Victor Page Memorial Foundation Palo Alto, CA | $3,530,742,616 | $1,087,074,441 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $496,549,315 | $85,713,153 |
The Heising-Simons Foundation Los Altos, CA | $866,467,309 | $244,878,185 |
Bin Lin And Daisy Liu Family Foundation Fremont, CA | $227,760,848 | $146,668,013 |
Sequoia Climate Fund Irvine, CA | $47,430,446 | $181,073,206 |
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |