Walter J & Betty C Zable Foundation
- Assets
- $0.0
- Revenue
- $3.8m
- Investments
- $87.6m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 08/1997
- Data as of
- 09/2019
- EIN
- 31-1540383
Organization Overview
Walter J & Betty C Zable Foundation is located in San Diego, CA. The organization was established in 1997. According to its NTEE Classification (T21) the organization is classified as: Corporate 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.
For the year ending 09/2019, Walter J & Betty C Zable Foundation generated $3.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $5.5m during the year ending 09/2019. While expenses have increased by 2.1% per year over the past 4 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 |
|---|---|---|---|
Warren Magill President/director | 20 | $265,000 | |
William W Boyle Director | 1.15 | $22,000 | |
Kathryn M Starr Secretary/director | 1.15 | $22,000 | |
John D Thomas Treasurer/director | 1.15 | $22,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,795 |
| Dividends & Interest | $1,710,120 |
| Profit on Inventory Sales | $0 |
| Other Income | $761,702 |
| Total Revenue | $3,783,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $331,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $24,079 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $949,127 |
| Contributions, gifts, grants paid | $4,529,500 |
| Total expenses and disbursements | $5,478,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,262 |
| Investments—mortgage loans | $0 |
| Investments—other | $29,447,287 |
| Other assets | $1,982 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $368 |
Grants Awarded
Over the last fiscal year, Walter J & Betty C Zable Foundation has awarded $4,628,500 in support to 108 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: GENERAL ASSISTANCE | $358,000 |
Oceanside, CA PURPOSE: GENERAL ASSISTANCE | $330,000 |
SALVATION ARMY PURPOSE: GENERAL ASSISTANCE TO PROVIDE FOOD & CARE FOR THE HUNGRY | $250,000 |
USO SAN DIEGO PURPOSE: GENERAL ASSISTANCE FOR LOCAL MILITARY | $250,000 |
San Diego, CA PURPOSE: GENERAL ASSISTANCE TO SUPPORT ADVOCATES FOR ABUSED & NEGLECTED FOSTER CHILDREN | $250,000 |
MONARCH SCHOOL PURPOSE: GENERAL ASSISTANCE TO PROVIDE FOR THE HOMELESS & AT-RISK YOUTH | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ray And Dagmar Dolby Family Fund San Francisco, CA | $99,390,789 | $10,905,334 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $10,569,953 | $10,116,470 |
Colburn Music Fund Los Angeles, CA | $0 | $1,827,507 |
Herbalife Nutrtion Foundation Los Angeles, CA | $12,904,700 | $4,767,159 |
Kla-Tencor Foundation Milpitas, CA | $27,951,327 | $8,476,259 |
Frederick Gardner Cottrell Foundation Tucson, AZ | $51,564,715 | $11,154,134 |
Walter J & Betty C Zable Foundation San Diego, CA | $0 | $3,783,752 |
Harman Family Foundation Los Angeles, CA | $38,212,766 | $3,645,376 |
Kabcenell Family Foundation Portola Valley, CA | $21,668,470 | $1,693,426 |
Intuit Foundation Mountain View, CA | $943,354 | $4,145,973 |
In-N-Out Burgers Foundation Irvine, CA | $35,758,295 | $6,631,731 |
Gardner Grout Foundation Reno, NV | $44,721,641 | $3,909,054 |