Champion Family Foundation
- Assets
- $5.7m
- Revenue
- $424.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Covina, CA
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 95-7119215
Organization Overview
Champion Family Foundation is located in Covina, CA. The organization was established in 2001. 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. Champion 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 12/2023, Champion Family Foundation generated $424.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $211.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Champion Family Foundation has awarded 141 individual grants totaling $1,474,307. 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 |
|---|---|---|---|
Christopher Champion Trustee | 0 | $0 | |
Retha C Champion Trustee | 0 | $0 | |
Christopher Champion Trustee | 0 | $0 | |
Retha C Champion Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $183,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,597 |
| Capital Gain Net Income | $9,597 |
| Net ST Capital Gain | $8,949 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $230,781 |
| Total Revenue | $424,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,814 |
| Total operating and administrative expenses | $52,190 |
| Contributions, gifts, grants paid | $159,700 |
| Total expenses and disbursements | $211,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,992 |
| Savings and temporary cash investments | $5,405,570 |
| 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 | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1 |
| Other assets | $1 |
| Total assets | $5,746,563 |
| 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, Champion Family Foundation has awarded $319,400 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
COVINA SUNRISE ROTARY PURPOSE: CONTRIBUTION | $5,500 |
COVINA POLICE DEPARTMENT PURPOSE: POLICE PROTECTION. | $10,000 |
W COVINA HISTORICAL SOCIETY PURPOSE: DONATION | $1,250 |
CAL POLY POMONA PURPOSE: DONATION | $5,000 |
ANIMAL RELIEF FUND PURPOSE: DONATION | $5,000 |
ASSISTANCE LEGUE OF COVINA PURPOSE: DONATION | $5,000 |