Condon Family Foundation
- Assets
- $4.9m
- Revenue
- $166.5k
- Investments
- $4.8m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 06/1995
- Data as of
- 12/2022
- EIN
- 95-4522880
Organization Overview
Condon Family Foundation is located in Santa Barbara, CA. The organization was established in 1995. 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. Condon Family 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, Condon Family Foundation generated $166.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.4%) each year. All expenses for the organization totaled $427.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Condon Family Foundation has awarded 49 individual grants totaling $1,252,021. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Condon Cio/president | 0.25 | $0 | |
Thomas H Condon Treasurer/operations Mgr | 1 | $0 | |
Christine Condon Secretary | 0.25 | $0 | |
Amy Condon Finance Committee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $169,489 |
| Interest on Savings | $333 |
| Dividends & Interest | $111,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,860 |
| Capital Gain Net Income | $11,860 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$126,777 |
| Total Revenue | $166,537 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,456 |
| Taxes | $2,553 |
| Depreciation | $0 |
| Occupancy | $8,963 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,754 |
| Total operating and administrative expenses | $40,252 |
| Contributions, gifts, grants paid | $387,500 |
| Total expenses and disbursements | $427,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $56,210 |
| 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 | $716 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,800,030 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,856,956 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Condon Family Foundation has awarded $387,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
DREAM FOUNDATION PURPOSE: ENHANCE THE QUALITY OF LIFE FOR INDIVIDUALS AND THEIR FAMILIES FACING A LIFE-THREATENING ILLNESS BY FULFILLING A HEART'S FINAL WISH | $2,500 |
LYMPHOMA RESEARCH FOUNDATION PURPOSE: SUPPORT THE FUNDING OF A POSTDOCTORAL FELLOWSHIP GRANT FOCUSED ON FOLLICULAR LYMPHOMA. | $110,000 |
BROWN UNIVERSITY DIVISION OF ADVANCEMENT PURPOSE: SUPPORT OF COLLEGE FOOTBALL PROGRAM | $5,000 |
CATHOLIC CHARITIES PURPOSE: PROVIDE EMERGENCY ASSISTANCE AND SUPPORTIVE SERVICES FOR THE BENEFIT OF MEN, WOMEN, CHILDREN AND ELDERLY. | $5,000 |
SAYVILLE PUBLIC SCHOOLS PURPOSE: GIVE FINANCIAL ASSISTANCE TO GRADUATING SENIORS PURSUING A NURSING DEGREE | $5,000 |
SAN MARCOS ROYAL PRIDE FOUNDATION PURPOSE: PROVIDE STRATEGIC GUIDANCE & FUNDING FOR PROJECTS THAT SUPPORT ALL STUDENTS & DRIVE THE SCHOOL TO EXCELLENCE IN ACADEMICS, EXTRA-CURRICULAR PURSUITS & FACILITIES | $3,000 |