The California Endowment
- Assets
- $0.0
- Revenue
- $281.0m
- Investments
- $3.2b
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/1996
- Data as of
- 03/2020
- EIN
- 95-4523232
Organization Overview
The California Endowment is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. California Endowment 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 03/2020, California Endowment generated $281.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $203.3m during the year ending 03/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, California Endowment has awarded 21,154 individual grants totaling $2,417,581,469. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 24
SEE STATEMENT 25
SEE STATEMENT 26
SEE STATEMENT 27
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Greenberg Chief Investment Officer | 40 | $916,136 | |
Robert K Ross President/ceo | 40 | $826,855 | |
Ruth Wernig Chief Investment Officer | 40 | $811,661 | |
Martha Jimenez Exec. Vp/legal Counsel | 40 | $457,347 | |
Dan Deleon Vice President & CFO | 40 | $420,448 | |
Anthony Iton Svp, Healthy Commty. | 40 | $393,116 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Generation Investment Management Us Llp | 3/30/22 | $3,282,594 |
Eagle Capital Management Llc | 3/30/22 | $978,438 |
Guggenheim Investments | 3/30/22 | $627,680 |
Lazard Asset Management Llc | 3/30/22 | $625,454 |
Unisys Corporation | 3/30/22 | $588,277 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,111,014 |
| Profit on Inventory Sales | $0 |
| Other Income | $41,783,742 |
| Total Revenue | $280,955,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,361,098 |
| Pension plans, employee benefits | $6,874,886 |
| Depreciation | $2,832,669 |
| Occupancy | $2,421,153 |
| Travel, conferences, and meetings | $726,182 |
| Printing and publications | $763 |
| Total operating and administrative expenses | $66,363,247 |
| Contributions, gifts, grants paid | $136,974,294 |
| Total expenses and disbursements | $203,337,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,899,429,963 |
| Other assets | $74,051,482 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $31,176,013 |
Grants Awarded
Over the last fiscal year, The California Endowment has awarded $184,312,542 in support to 1,130 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: LATINO POWER FUND - REBUILDING A HEALTHY, EQUITABLE CALIFORNIA: TO BUILD THE CIVIC, POLITICAL AND ECONOMIC POWER OF LATINOS FOR A STRONGER, HEALTHIER, MORE EQUITABLE CALIFORNIA. | $5,000,000 |
Mountain View, CA PURPOSE: CALIFORNIA BLACK FREEDOM FUND - ADVANCING HEALTH EQUITY: TO SUPPORT A POOLED FUND DESIGNED TO HELP BUILD AND SUSTAIN THE POWER OF BLACK-LED ORGANIZATIONS, COALITIONS AND NETWORKS AND BOLSTER THE INFRASTRUCTURE OF BLACK-LED ORGANIZATIONS WORKING TO BUILD POWER, ADVANCE HEALTH EQUITY AND TRANSFORM INEQUITABLE SYSTEMS ACROSS CALIFORNIA. | $5,000,000 |
Bakersfield, CA PURPOSE: GENERAL OPERATING SUPPORT: TO SUPPORT AN ORGANIZATION THAT STRENGTHENS COMMUNITY ORGANIZING CAPACITY AND LEADERSHIP AMONG YOUTH AND ADULTS AND TRAINS ORGANIZERS TO ADVANCE HEALTH EQUITY AND RACIAL JUSTICE ACROSS THE CENTRAL VALLEY AND BEYOND. | $3,500,000 |
Alameda, CA PURPOSE: ALAMEDA WELLNESS CAMPUS - ADVANCING HEALTH ACCESS THROUGH HOUSING: TO PIONEER A NEW STANDARD OF CARE FOR UNHOUSED ADULTS WITH COMPLEX HEALTH CHALLENGES THROUGH THE CONSTRUCTION OF A CLINIC THAT WILL PROVIDE SHORT-TERM HOUSING, RECUPERATIVE CARE AND HEALTH SERVICES FOR 400 UNHOUSED ALAMEDA COUNTY RESIDENTS ANNUALLY DISCHARGED FROM HOSPITALS WHO HAVE NO SAFE PLACE TO HEAL. | $3,000,000 |
Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT: TO SUPPORT AN ORGANIZATION THAT ADVANCES HEALTH EQUITY IN CALIFORNIA THROUGH COMMUNITY ORGANIZING, CIVIC ENGAGEMENT AND CAPACITY BUILDING OF LOCAL POWER BUILDING ORGANIZATIONS. | $2,300,000 |
Oakland, CA PURPOSE: GENERAL OPERATING SUPPORT: TO SUPPORT THE ADVANCEMENT OF HEALTH IN COMMUNITIES IN CALIFORNIA BY ORGANIZING PEOPLE TO CREATE FULL RACIAL, ECONOMIC AND HEALTH EQUITY. | $2,200,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The California Endowment has recieved totaling $187,704.
| Awarding Organization | Amount |
|---|---|
Neo Philanthropy Inc New York, NY PURPOSE: Program Grant | $110,864 |
Asian Americans Advancing Justice Los Angeles Los Angeles, CA PURPOSE: PROVIDE ASSISTANCE TO INDIVIDUALS IN THE AREAS OF HEALTH CARE, IMMIGRATION, PUBLIC BENEFITS, EMPLOYMENT, HOUSING AND CIVIL RIGHTS. | $76,840 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crankstart Foundation San Francisco, CA | $5,105,990,197 | $480,695,638 |
Conrad N Hilton Foundation Westlake Village, CA | $7,732,630,405 | $2,481,413,875 |
Good Ventures Foundation Palo Alto, CA | $4,383,621,636 | $449,683,738 |
The California Endowment Los Angeles, CA | $0 | $280,955,609 |
Sergey Brin Family Foundation San Francisco, CA | $4,934,252,269 | $912,518,052 |
James Irvine Foundation San Francisco, CA | $4,085,262,775 | $499,578,433 |
Columbia Lutheran Charities Astoria, OR | $246,096,987 | $180,771,261 |
Skoll Foundation Palo Alto, CA | $1,166,571,958 | $379,652,535 |
Broad Foundation Los Angeles, CA | $2,410,166,174 | $240,915,854 |
Valhalla Charitable Foundation Woodside, CA | $798,059,895 | $465,139,878 |
Hobson Lucas Family Foundation San Rafael, CA | $1,224,427,404 | $46,978,147 |
Tosa Foundation Portola Valley, CA | $620,174,698 | $135,076,785 |