Alfred C Munger Foundation
- Assets
- $38.6m
- Revenue
- $28.0m
- Investments
- $3.6m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 01/1967
- Data as of
- 11/2023
- EIN
- 95-2462103
Organization Overview
Alfred C Munger Foundation is located in Pasadena, 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 11/2023, Alfred C Munger Foundation generated $28.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $7.1m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alfred C Munger Foundation has awarded 81 individual grants totaling $144,575,188. 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 |
|---|---|---|---|
Wendy Munger President | 1 | $0 | |
Molly Munger Cfo/secretary | 1 | $0 | |
Charles T Munger Trustee, President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,072,740 |
| Interest on Savings | $190,622 |
| Dividends & Interest | $77,655 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$390,253 |
| Capital Gain Net Income | $27,681,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,950,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $414,427 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,719 |
| Total operating and administrative expenses | $441,896 |
| Contributions, gifts, grants paid | $6,676,034 |
| Total expenses and disbursements | $7,117,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,018,094 |
| 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 | $38,599,955 |
| 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 | $178,446 |
| Total liabilities | $178,446 |
Grants Awarded
Over the last fiscal year, Alfred C Munger Foundation has awarded $6,676,034 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA INSTITUTE OF TECHNOLOGY - ASSOCIATES PURPOSE: GENERAL | $10,000 |
ALL SAINTS BY THE SEA EPISCOPAL CHURCH PURPOSE: GENERAL | $2,000 |
CENTRAL HIGH SCHOOL FOUNDATION PURPOSE: GENERAL | $1,000 |
GEORGE WASHINTON'S MT VERNON ESTATE GARDEN PURPOSE: GENERAL | $3,000 |
HARVARD WESTLAKE SCHOOL PURPOSE: GENERAL | $100,000 |
KCET PURPOSE: GENERAL | $1,000 |