Capital Group Companies Charitable Foundation
- Assets
- $411.6m
- Revenue
- $42.1m
- Investments
- $393.1m
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 09/1998
- Data as of
- 06/2024
- EIN
- 95-4658856
Organization Overview
Capital Group Companies Charitable Foundation is located in Irvine, CA. The organization was established in 1998. 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. Capital Group Companies Charitable 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 06/2024, Capital Group Companies Charitable Foundation generated $42.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $26.3m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Condon Chairman | 1 | $0 | |
Naomi H Kobayashi Secretary | 1 | $0 | |
James B Lovelace Director | 1 | $0 | |
Hilda Applbaum Director | 1 | $0 | |
Jeffrey A Sterner Chief Financial Officer, Director | 1 | $0 | |
Canise M Arredondo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,331,232 |
| Interest on Savings | $501,828 |
| Dividends & Interest | $11,818,869 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,447,870 |
| Capital Gain Net Income | $16,552,018 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,099,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $534,418 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,414 |
| Total operating and administrative expenses | $565,532 |
| Contributions, gifts, grants paid | $25,756,751 |
| Total expenses and disbursements | $26,322,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,999 |
| Savings and temporary cash investments | $18,469,324 |
| 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 | $115,660,559 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $411,630,625 |
| 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 |