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California Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953510055 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is California Community Foundation?

The California Community Foundation, based in Los Angeles, California, manages over 1,500 charitable funds entrusted by various individuals, families, organizations, and companies. In the 2021-2022 fiscal year, they granted $335 million from these donor-serviced funds to nonprofit organizations across Greater Los Angeles and beyond. Furthermore, the foundation distributed $7.5 million from its restricted funds for specific causes, such as scholarships, animal welfare, disaster relief, environment, management support for nonprofits, and religious organizations, among others. Their mission is to lead positive systemic change that strengthens Los Angeles communities, envisioning a future where all Angelenos have the opportunity to contribute to the productivity, health, and well-being of the region. The foundation employs a team of 97 individuals dedicated to fulfilling this mission.


Official website here: www.calfund.org

Is California Community Foundation legitimate?

California Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,513,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,635,372

For more financial information, click here


Official website here: www.calfund.org

What is the mission statement of California Community Foundation?

The California Community Foundation is dedicated to leading systemic change that strengthens communities in Los Angeles. Their mission is to envision a future where all residents have the opportunity to contribute to the productivity, health, and well-being of their region. They believe that the common fate of the community will be determined by the success in improving the quality of life for all residents. The foundation is committed to making a positive impact on the communities they serve.


Official website here: www.calfund.org

Who is the CEO of California Community Foundation?

Steven Cobb is the Chief Financial Officer of California Community Foundation. The CEO's salary of California Community Foundation is $610,697 and their total compensation is $664,282.


Official website here: www.calfund.org

What is the revenue of California Community Foundation?

California Community Foundation's revenue in 2022 was $542,926,624.


Official website here: www.calfund.org

Who are the executives of California Community Foundation and what are their salaries?

The average compensation at California Community Foundation during 2022 was $94,319. There are 97 employees at California Community Foundation.

Here are 32 key members and their salaries (California Community Foundation's CEO's salary is $610,697 and their total compensation is $664,282):

    Antonia Hernandez (President & Ceo) [Trustee/Director]
  • Compensation: $610,697
  • Related: $0
  • Other: $53,585

    • Steven Cobb (Chief Financial Officer)
  • Compensation: $337,669
  • Related: $0
  • Other: $57,035

    • Jarrett Barrios (Sr. Vp, Strategic Comm & Prog)
  • Compensation: $301,212
  • Related: $0
  • Other: $45,535

    • Efrain Escobedo (Vp, Public Policy & Civic)
  • Compensation: $230,751
  • Related: $0
  • Other: $33,181

    • Carol Bradford (Sr. Counsel & Charitable Advsr)
  • Compensation: $210,748
  • Related: $0
  • Other: $52,091

    • Maria Teresa Mosqueda (Vp, Development & Donor Relati)
  • Compensation: $212,463
  • Related: $0
  • Other: $40,645

    • Robert Harrison (Controller (Thru 05/06/22))
  • Compensation: $188,584
  • Related: $0
  • Other: $54,490

    • Tina Walker (Vp, Hr & Administration)
  • Compensation: $189,969
  • Related: $0
  • Other: $32,631

    • Aspet Amirkhanian (Director It (Thru 09/24/21))
  • Compensation: $165,198
  • Related: $0
  • Other: $52,352

    • Summer Moore (Vp, Operations)
  • Compensation: $181,703
  • Related: $0
  • Other: $20,633

    • Agnes Luansing (Controller)
  • Compensation: $139,778
  • Related: $0
  • Other: $35,009

    • Rosemary Veniegas (Senior Program Officer)
  • Compensation: $141,391
  • Related: $0
  • Other: $33,347

    • James Berliner (Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Gloria Molina (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwen Baba (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wheeler Newman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Adamson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alejandra Campoverdi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Cherry (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elyssa Elbaz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfred Fraijo Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zac Guevara (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eva Ho (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jihee Huh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin Lindsey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Lovelace (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal Nix-Hines (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darlene P Robles (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Saenz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Therese Tucker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karim Webb (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Weiss (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.calfund.org

    Where can I find the form 990 for California Community Foundation?

    The California Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.calfund.org

    Learn more at the official website: www.calfund.org

    Mission Statement of California Community Foundation

    The California Community Foundation, a leading organization in Los Angeles, is committed to driving systemic change that enhances the livability of local communities. With a vision of a future where every Angeleno can contribute to the region's prosperity, the Foundation aspires to improve the quality of life for all residents. By spearheading positive systematic improvements, the California Community Foundation aims to create an environment where Angelenos have the opportunity to thrive. In essence, the organization envisions a future where everyone in Los Angeles can participate in the productivity, health, and overall well-being of the region. The Foundation's collective fate, it believes, will be determined by the success of its efforts to enhance the quality of life for all residents.

    Impact

    This information is meant to be a general summary of California Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    California Community Foundation's impact can be seen in its leadership in driving positive systemic change that strengthens communities in Los Angeles. Managing over 1,500 charitable funds entrusted by individuals, families, organizations, and companies, the foundation distributed $335 million in grants in 2021-2022 to organizations in Greater Los Angeles and beyond. Additionally, $7.5 million in grants were disbursed from restricted funds, supporting various areas such as scholarships, animal welfare, disaster relief, environmental causes, management support for nonprofits, and religious organizations. The foundation's mission envisions a future where all Angelinos have the opportunity to contribute to the region's productivity, health, and well-being, emphasizing the importance of improving the quality of life for all residents.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $178,449,500
  • Program Service Revenue: $2,154,396
  • Gross Receipts: $2,785,124,895

    • Assets and Liabilities:
  • Total Assets: $2,125,922,867
  • Total Liabilities: $252,934,553
  • Net Assets: $1,872,988,314
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $1,398,294

    ADMINISTRATIVE FEES

    Revenue

    $756,102

    Organization Details

    Founding Year

    1915

    Principal Officer

    Steven Cobb

    Main Address

    717 W TEMPLE STREET, LOS ANGELES, CA, 90012

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of California Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.