Kraemer Endowment Foundation Inc
- Assets
- $15.6m
- Revenue
- $754.8k
- Investments
- $0.0
- Employees
- 0
- Location
- El Cajon, CA
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 33-0573935
Organization Overview
Kraemer Endowment Foundation Inc is located in El Cajon, CA. The organization was established in 1946. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Kraemer Endowment Foundation Inc 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, Kraemer Endowment Foundation Inc generated $754.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $502.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION'S PURPOSE IS TO PROVIDE FUNDS FOR ST. MADELEINE SOPHIE'S CENTER IN PROVIDING EDUCATIONAL AND VOCATIONAL PROGRAMS FOR DEVELOPMENTALLY DISABLED ADULTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Trifiletti Sec/treasurer | OfficerTrustee | 0 | $0 |
Maureen P King Vice Chair | OfficerTrustee | 0 | $0 |
John Seiber Chairman | OfficerTrustee | 0 | $0 |
Virginia Rodee Board Member | Trustee | 0 | $0 |
Angel Kleinbub Board Member | Trustee | 0 | $0 |
Alexander Irving Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $319,514 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,514 |
| Total Program Service Revenue | $0 |
| Investment income | $304,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $130,710 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $754,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $464,997 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $14,210 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $502,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,678,493 |
| Pledges and grants receivable | $622,991 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $13,106,645 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $195,064 |
| Total assets | $15,603,193 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $15,603,193 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,603,193 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Kraemer Endowment Foundation Inc has recieved totaling $74,500.
| Awarding Organization | Amount |
|---|---|
Donald C And Elizabeth M Dickinson Foundation San Diego, CA PURPOSE: EDUCATION | $50,000 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA PURPOSE: SOCIAL SERVICES | $13,500 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Price Philanthropies Foundation La Jolla, CA PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diocesan Council For The Society Of St Vincent De Paul Diocese Phoenix Phoenix, AZ | $96,360,524 | $83,770,017 |
Commonspirit Health Operating Investment Pool Llc San Francisco, CA | $15,970,629,139 | $875,334,016 |
Arizonas Catholic Tuition Support Organization Tucson, AZ | $20,396,361 | $14,356,229 |
Society Of St Vincent De Paul Portland Council Portland, OR | $7,120,799 | $9,690,362 |
Catholic Church Support Services Pleasanton, CA | $7,328,575 | $9,194,065 |
Catholic Answers Inc El Cajon, CA | $3,788,520 | $8,950,189 |
Catholic Community Foundation Of Santa Clara County San Jose, CA | $151,557,808 | $21,591,960 |
Equipnet Alamo, CA | $871,313 | $6,154,256 |
Roman Catholic Communications Corporation Of The Bay Area Menlo Park, CA | $18,011,422 | $7,094,935 |
St Francis Center Los Angeles, CA | $3,045,813 | $5,916,240 |
Napa Institute Irvine, CA | $250,523 | $3,251,927 |
Mater Dolorosa Passionist Retreat Center Inc Sierra Madre, CA | $7,035,300 | $2,660,007 |