Conrad Prebys Foundation
- Assets
- $1.3b
- Revenue
- $33.9m
- Investments
- $1.2b
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 01/2007
- Data as of
- 12/2022
- EIN
- 20-3216993
Organization Overview
Conrad Prebys Foundation is located in San Diego, CA. The organization was established in 2007. 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. Conrad Prebys Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Conrad Prebys Foundation has awarded 522 individual grants totaling $136,825,784. 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 |
|---|---|---|---|
Anthony Cortes Chair | 2 | $7,877 | |
Dan Yates President | 2 | $6,667 | |
Alan Sorkin Secretary | 2 | $0 | |
Peter Ellsworth Treasurer | 2 | $6,118 | |
Grant Oliphant CEO | 40 | $608,641 | |
Gil Alvarado CFO | 40 | $442,229 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Open Impact | 12/30/22 | $462,133 |
Dla Piper Llc | 12/30/22 | $316,992 |
Cfo Hub Llc | 12/30/22 | $214,130 |
Morrison & Foerester Llp | 12/30/22 | $201,589 |
Higgs Fletcher & Mack Llp | 12/30/22 | $146,258 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,157,675 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,437,046 |
| Net Rental Income | $351,437 |
| Net Gain on Sale of Assets | $9,553,830 |
| Capital Gain Net Income | $9,553,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,352,431 |
| Total Revenue | $33,852,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,071,532 |
| Other employee salaries and wages | $856,867 |
| Pension plans, employee benefits | $249,938 |
| Interest | $5,550 |
| Taxes | $6,372,435 |
| Depreciation | $35,783 |
| Occupancy | $56,332 |
| Travel, conferences, and meetings | $41,111 |
| Printing and publications | $0 |
| Other expenses | $735,574 |
| Total operating and administrative expenses | $12,696,537 |
| Contributions, gifts, grants paid | $47,147,006 |
| Total expenses and disbursements | $59,843,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,699,390 |
| Savings and temporary cash investments | $0 |
| 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 | $9,787,623 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,195,998,766 |
| Net Land, buildings, and equipment | $35,384 |
| Other assets | $6,641,982 |
| Total assets | $1,254,163,145 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $6,000,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $307,512 |
| Total liabilities | $6,307,512 |
Grants Awarded
Over the last fiscal year, Conrad Prebys Foundation has awarded $80,961,947 in support to 300 organizations.
| Grant Recipient | Amount |
|---|---|
A REASON TO SURVIVE PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
A STEP BEYOND PURPOSE: COMPLETING A STEP BEYONDS DEVELOPMENT AND LAUNCHING ITS FIRST PARTICIPANTS INTO INDEPENDENT LIVES | $100,000 |
A STEP BEYOND PURPOSE: GENERAL OPERATING SUPPORT | $200 |
ACCESS YOUTH ACADEMY PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
ACCESS YOUTH ACADEMY PURPOSE: EXPANSION OF ACCESS YOUTH ACADEMY YOUTH DEVELOPMENT PROGRAM TO SCALE | $150,000 |
ARMED SERVICES YMCA OF THE USA-SAN DIEGO CHAPTER PURPOSE: ARMED SERVICES YMCA SAN DIEGO'S YOUTH DEVELOPMENT PROGRAM | $40,000 |