California Community Foundation, operating under the name 221 S Figueroa St Suite 400, is located in Los Angeles, CA. The organization was established in 1980. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, 221 S Figueroa St Suite 400 employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 221 S Figueroa St Suite 400 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 06/2020, 221 S Figueroa St Suite 400 generated $440.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $312.0m during the year ending 06/2020. While expenses have increased by 9.5% per year over the past 6 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.
Since 2015, 221 S Figueroa St Suite 400 has awarded 12,615 individual grants totaling $1,842,790,692. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO LEAD POSITIVE SYSTEMIC CHANGE THAT STRENGTHENS LOS ANGELES COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR ADVISED, RESTRICTED, AND OTHER CHARITABLE FUNDS: CALIFORNIA COMMUNITY FOUNDATION (CCF OR THE FOUNDATION) MANAGES MORE THAN 1,500 CHARITABLE FUNDS ENTRUSTED TO IT BY GENERATIONS OF INDIVIDUALS, FAMILIES, ORGANIZATIONS AND COMPANIES. IN 2020-2021, CCF DISTRIBUTED $268 MILLION IN GRANTS FROM DONOR SERVICED FUNDS TO NONPROFIT ORGANIZATIONS IN GREATER LOS ANGELES AND ELSEWHERE. ADDITIONALLY, CCF DISBURSED $5.3 MILLION IN GRANTS FROM THE FOUNDATION'S RESTRICTED FUNDS, FUNDS FOR A SPECIFIC ORGANIZATION OR EDUCATIONAL INSTITUTION BY A LEGACY OR BEQUEST FROM A DONOR. RESTRICTED FUND GRANTS WERE MADE IN SUCH AREAS AS SCHOLARSHIPS, ANIMAL WELFARE, DISASTER RELIEF, ENVIRONMENT, MANAGEMENT SUPPORT FOR NONPROFITS, AND RELIGIOUS ORGANIZATIONS, AMONG OTHERS.
CCF HAS SERVED AS THE PUBLIC FOUNDATION FOR GREATER LOS ANGELES SINCE 1915. ITS ROLE CONTINUES TO EVOLVE, BALANCING A LONG-TERM PERSPECTIVE WITH RESPONSIVENESS TO IMMEDIATE ISSUES IN THE COMMUNITY. IT SERVES AS A FACILITATOR OF MEANINGFUL AND STRATEGIC CHARITABLE GIVING BY INDIVIDUALS, FAMILIES AND ORGANIZATIONS IN LOS ANGELES, AND A STEWARD OF THEIR FUNDS AND FOUNDATIONS. IT IS AN EXPERT IN THE NEEDS OF LOS ANGELES, AND AN ADVOCATE FOR THE MOST VULNERABLE MEMBERS OF THE COMMUNITY. IT IS A PROVIDER OF FINANCIAL, TECHNICAL AND MANAGEMENT SUPPORT THAT BUILDS THE SUSTAINABILITY OF NONPROFIT ORGANIZATIONS WHOSE MISSIONS ALIGN WITH THE FOUNDATION'S PRIORITY GRANTMAKING AREAS. AND IT IS A CONVENER AND COLLABORATOR WITH THOUGHT-LEADERS AND DECISION MAKERS AROUND CIVIC ENGAGEMENT (CONTINUED ON SCHEDULE O) AND THE MOST PRESSING ISSUES FOR THE REGION. PRIORITY PROGRAMS: UNDERSTANDING THE NEEDS AND NONPROFITS OF GREATER LOS ANGELES HAS ENABLED CCF TO ATTRACT AND CONCENTRATE RESOURCES ON PRIORITY AREAS BUT ALSO RESPOND TO OPPORTUNITIES AND CHALLENGES THAT ARISE. EDUCATION, $14 MILLION: GRANTS WERE MADE TO INCREASE SCHOOL READINESS THROUGH EARLY CARE AND EDUCATION, IMPROVE TEACHER PROFESSIONAL DEVELOPMENT, EXPAND PARENTAL ENGAGEMENT IN PUBLIC EDUCATION. EARLY EDUCATION GRANTMAKING REFLECTS A MULTI-YEAR EFFORT TO IMPROVE ACCESS TO HIGH QUALITY PRESCHOOL EDUCATION FOR FAMILIES IN HISTORICALLY UNDERSERVED COMMUNITIES. THE LOS ANGELES SCHOLARSHIP INVESTMENT FUND SUPPORTED PROGRAMS THAT COMBINE MULTI-YEAR SCHOLARSHIPS WITH ADDITIONAL SUPPORT THAT'S PROVEN TO HELP STUDENTS GRADUATE. READY TO RISE GRANTS ARE DESIGNED TO EXPAND OPPORTUNITIES AND RESOURCES FOR PROGRAMS THAT PROVIDE YOUTH DEVELOPMENT AND ENRICHMENT SERVICES WITH THE GOAL OF TRANSFORMING THE EDUCATIONAL, PERSONAL AND PROFESSIONAL OUTCOMES OF YOUNG PEOPLE, AS WELL AS VASTLY DECREASING YOUTH INTERACTIONS WITH THE JUSTICE SYSTEM.HEALTH CARE, $10.6 MILLION: GRANTS WERE DISTRIBUTED TO INCREASE ACCESS TO A REGULAR SOURCE OF PREVENTIVE CARE AND TREATMENT SERVICES FOR UNINSURED ADULTS AND EXPANDING COVERAGE FOR ALL UNINSURED CHILDREN. HOUSING AND ECONOMIC OPPORTUNITY, $4.4 MILLION: GRANTS WERE MADE TO NONPROFIT HOUSING DEVELOPERS AND POLICY AND ADVOCACY GROUPS TO INCREASE THE AVAILABILITY OF PERMANENT, AFFORDABLE HOUSING UNITS IN STABLE NEIGHBORHOODS FOR LOW-INCOME HOUSEHOLDS. IMMIGRATION, $4.4 MILLION: BRINGS TOGETHER PUBLIC, PRIVATE AND PHILANTHROPIC PARTNERS TO SUPPORT LOCAL NONPROFITS SERVING L.A.'S VIBRANT IMMIGRANT COMMUNITIES. GRANTS WERE MADE TO INCREASE THE CIVIC PARTICIPATION OF IMMIGRANT COMMUNITIES AND CREATE POLICY SOLUTIONS. NONPROFIT SUSTAINABILITY, $115,000: PROVIDED FUNDS ENABLING NONPROFITS TO ASSESS CAPACITY, SUPPORT RESTRUCTURING, INTEGRATE PROGRAMS AND SHARE THEIR LESSONS ACROSS THE NONPROFIT SECTOR.CIVIC ENGAGEMENT, $4.9 MILLION: CCF UNDERSTANDS THAT GRANT DOLLARS ALONE ARE NOT ENOUGH TO ADDRESS COMPLEX REGIONAL ISSUES. CCF HAS THEREFORE TAKEN GREATER STEPS TO FORM AND SUPPORT PARTNERSHIPS THAT MOTIVATE AND EMPOWER DIVERSE GROUPS OF LOCAL RESIDENTS TO PARTICIPATE IN THE CIVIC LIFE OF THEIR COMMUNITIES. IN 2020-2021, GRANTS WERE MADE IN THE AREAS OF CIVIC LEADERSHIP DEVELOPMENT AND CIVICS EDUCATION, COMMUNITY ENGAGEMENT, OPEN AND RESPONSIVE GOVERNMENT, AND TO SUPPORT RESEARCH THAT PROVIDED COMMUNITIES WITH THE NECESSARY INFORMATION TO IDENTIFY PROBLEMS AND PROMOTE SOLUTIONS. WE COUNT L.A. 2020 GRANTMAKING HELPED ENSURE THAT EVERY ANGELENO WAS COUNTED IN THE 2020 CENSUS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Antonia Hernandez President & CEO | OfficerTrustee | 45 | $572,098 |
Steven Cobb Chief Financial Officer | Officer | 45 | $324,988 |
Ann Sewill VP Health & Hsg (thru 7/2/20) | Officer | 45 | $288,685 |
Todd Yuba Vp, Admin & Operations | Officer | 45 | $251,851 |
Efrain Escobedo Vp, Public Policy & Civic | Officer | 45 | $222,181 |
Carol Bradford Sr. Counsel & Charitable Advsr | 45 | $205,325 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Meketa Investment Group Inc Investment Mgmt | 6/29/21 | $737,500 |
Fenton Communications Census Media Campaign | 6/29/21 | $5,117,795 |
Team Friday Cares Health Communications | 6/29/21 | $595,000 |
Imoyase Community Support Services Consulting | 6/29/21 | $515,294 |
Capital Bank And Trust Company Investment Mgmt | 6/29/21 | $370,581 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $377,108,940 |
Investment income | $30,889,330 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $119,880 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $29,611,875 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $440,080,131 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $48,689 |
Grants and other assistance to Foreign Orgs/Individuals | $4,044,195 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,513,583 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,788,143 |
Pension plan accruals and contributions | $462,875 |
Other employee benefits | $749,732 |
Payroll taxes | $430,753 |
Fees for services: Management | $3,465,841 |
Fees for services: Legal | $235,020 |
Fees for services: Accounting | $363,983 |
Fees for services: Lobbying | $525,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,735,468 |
Fees for services: Other | $0 |
Advertising and promotion | $12,896 |
Office expenses | $457,546 |
Information technology | $277,759 |
Royalties | $0 |
Occupancy | $1,003,358 |
Travel | $49,953 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $250,114 |
Interest | $42,680 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $194,131 |
Insurance | $223,246 |
All other expenses | $0 |
Total functional expenses | $311,967,095 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,500 |
Savings and temporary cash investments | $37,753,544 |
Pledges and grants receivable | $64,922,256 |
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 | $81,594 |
Investments—publicly traded securities | $793,528,605 |
Investments—other securities | $774,571,039 |
Investments—program-related | $24,760,349 |
Intangible assets | $0 |
Other assets | $39,213,448 |
Total assets | $1,735,264,630 |
Accounts payable and accrued expenses | $1,486,491 |
Grants payable | $36,805,516 |
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 | $2,000,000 |
Other liabilities | $133,571,280 |
Total liabilities | $173,863,287 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $1,561,401,343 |
Over the last fiscal year, California Community Foundation has awarded $371,552,884 in support to 1,745 organizations.
Grant Recipient | Amount |
---|---|
Boston, MA PURPOSE: EDUCATION | $25,000,000 |
Berkeley, CA PURPOSE: EDUCATION | $17,713,529 |
Los Angeles, CA PURPOSE: EDUCATION | $13,550,000 |
Columbia, MD PURPOSE: HOUSING | $12,559,375 |
San Pedro, CA PURPOSE: EDUCATION | $8,850,000 |
Los Angeles, CA PURPOSE: HEALTH | $8,492,755 |
Over the last fiscal year, we have identified 3 grants that California Community Foundation has recieved totaling $6,450.
Awarding Organization | Amount |
---|---|
David & Ruth Gorton Family Charitable Foundation Inc Sarasota, FL PURPOSE: SOCIAL SERVICES | $5,000 |
Kahle Foundation Inc Vero Beach, FL PURPOSE: FURTHERANCE OF CHARITABLE ACTIVITY | $1,200 |
Okinaka Foundation For Social And Environmental Justice Inc Chino Hills, CA PURPOSE: TO SHARE BOOKS, IDEAS, RESOURCES AND WIDE-RANGING DISCUSSIONS ON ISSUES RELEVANT TO THE LOS ANGELES COMMUNITY. | $250 |
Beg. Balance | $586,522,331 |
Earnings | $152,546,415 |
Net Contributions | $41,649,699 |
Other Expense | $3,313,533 |
Grants | $34,522,582 |
Ending Balance | $742,882,330 |
Organization Name | Assets | Revenue |
---|---|---|
Oregon Community Foundation Portland, OR | $3,083,541,362 | $417,266,834 |
California Community Foundation Los Angeles, CA | $1,735,264,630 | $440,080,131 |
East Bay Community Foundation Oakland, CA | $785,752,885 | $390,383,292 |
Marin Community Foundation Novato, CA | $755,211,408 | $235,366,683 |
The San Diego Foundation San Diego, CA | $1,302,414,916 | $197,035,758 |
Orange County Community Foundation Newport Beach, CA | $457,446,426 | $112,983,825 |
Arizona Community Foundation Phoenix, AZ | $1,066,072,012 | $211,703,650 |
Hawaii Community Foundation Honolulu, HI | $884,612,842 | $128,317,869 |
Ventura County Community Foundation Camarillo, CA | $181,940,704 | $53,185,473 |
Santa Barbara Foundation Santa Barbara, CA | $456,585,072 | $53,590,434 |
The San Bruno Community Foundation San Bruno, CA | $57,381,282 | $2,122,835 |
Community Foundation For Monterey County Monterey, CA | $347,659,194 | $59,371,913 |