Craig H Neilsen Foundation
- Assets
- $489.6m
- Revenue
- $30.9m
- Investments
- $472.8m
- Employees
- 0
- Location
- Encino, CA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 06-1695275
Organization Overview
Craig H Neilsen Foundation is located in Encino, CA. The organization was established in 2004. 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. Craig H Neilsen 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 12/2021, Craig H Neilsen Foundation generated $30.9m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $41.7m during the year ending 12/2021. While expenses have increased by 12.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kymberly Eisner Executive Director | 40 | $472,798 | |
Naomi Kleitman VP Scientific Resear | 40 | $343,442 | |
Jason Troy VP Of Finance | 40 | $323,827 | |
Tracey Wheeler Program Officer | 40 | $181,538 | |
Gina Knight Controller | 40 | $175,433 | |
Gordon R Kanofsky Trustee | 20 | $140,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Skdknickerbocker | 12/30/21 | $271,205 |
Bessemer Trust | 12/30/21 | $621,611 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,915 |
| Dividends & Interest | $5,863,391 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,809,295 |
| Capital Gain Net Income | $23,809,295 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,272,131 |
| Total Revenue | $30,946,732 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $390,000 |
| Other employee salaries and wages | $2,552,688 |
| Pension plans, employee benefits | $681,198 |
| Interest | $27,574 |
| Taxes | $900,576 |
| Depreciation | $11,316 |
| Occupancy | $152,675 |
| Travel, conferences, and meetings | $11,123 |
| Printing and publications | $277,023 |
| Other expenses | $459,920 |
| Total operating and administrative expenses | $6,765,717 |
| Contributions, gifts, grants paid | $34,972,817 |
| Total expenses and disbursements | $41,738,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,276,297 |
| 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 | $91,669 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $305,235,727 |
| Net Land, buildings, and equipment | $11,536 |
| Other assets | $341,446 |
| Total assets | $489,570,251 |
| Accounts payable and accrued expenses | $543,504 |
| Grants payable | $26,884,413 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,480,665 |
| Total liabilities | $29,908,582 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |