The Confidence Foundation
- Assets
- $77.2m
- Revenue
- $2.4m
- Investments
- $74.8m
- Employees
- 0
- Location
- South Pasadena, CA
- Founding
- 04/1977
- Data as of
- 12/2022
- EIN
- 95-3500483
Organization Overview
The Confidence Foundation is located in South Pasadena, CA. The organization was established in 1977. 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. Confidence 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, Confidence Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Confidence Foundation has awarded 932 individual grants totaling $19,374,407. 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 |
|---|---|---|---|
Cheyenna Whittier President/director | 2 | $0 | |
Kimberly A Whittier Vice President/director | 2 | $0 | |
David A Dahl Cfo/director | 2 | $0 | |
Haley Kirk Dahl Secretary | 2 | $0 | |
Michael J Casey Director | 2 | $0 | |
Linda J Blinkenberg Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $353,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,017,402 |
| Capital Gain Net Income | $1,883,530 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,018 |
| Total Revenue | $2,387,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62,431 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,670 |
| Total operating and administrative expenses | $793,419 |
| Contributions, gifts, grants paid | $4,210,439 |
| Total expenses and disbursements | $5,003,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,524 |
| Savings and temporary cash investments | $2,351,842 |
| 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 | $39,776 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $54,111,419 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,309 |
| Total assets | $77,182,016 |
| Accounts payable and accrued expenses | $50,431 |
| Grants payable | $103,933 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $572,516 |
| Total liabilities | $726,880 |
Grants Awarded
Over the last fiscal year, The Confidence Foundation has awarded $4,886,233 in support to 232 organizations.
| Grant Recipient | Amount |
|---|---|
I HAVE A DREAM FOUNDATION - LOS ANGELES PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ALLIANCE COLLEGE-READY PUBLIC SCHOOLS FOUNDATION PURPOSE: ALLIANCE COLLEGE SUCCESS STRATEGIES | $100,000 |
ALEDO ATHLETIC BOOSTER CLUB PURPOSE: FASTBREAK CLUB | $2,500 |
ALTASEA AT THE PORT OF LOS ANGELES PURPOSE: PROJECT BLUE EDUCATIONAL PROGRAMMING SUPPORT RESPECTIVELY REQUESTED | $50,000 |
ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC PURPOSE: ORANGE COUNTY CHAPTER - 2022 WALK TO END ALZHEIMER'S | $1,000 |
AMERICAN YOUTH SOCCER ORGANIZATION PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |