Elizabeth R & William J Patterson Foundation
- Assets
- $53.6m
- Revenue
- $4.9m
- Investments
- $44.3m
- Employees
- 0
- Location
- Ross, CA
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 38-3667071
Organization Overview
Elizabeth R & William J Patterson Foundation is located in Ross, CA. The organization was established in 2003. 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. Elizabeth R & William J Patterson 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 12/2022, Elizabeth R & William J Patterson Foundation generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $7.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Elizabeth R & William J Patterson Foundation has awarded 96 individual grants totaling $31,685,030. 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 |
|---|---|---|---|
Eleanor Patterson Clifford Dir | 1 | $0 | |
Elizabeth R Patterson Pres, Dir, Treas | 10 | $0 | |
William R Patterson Sec, Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Capital Partners Llc | 12/30/22 | $373,078 |
Foundation Source | 12/30/22 | $83,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $86,359 |
| Dividends & Interest | $341,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,092,064 |
| Capital Gain Net Income | $4,092,063 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $409,924 |
| Total Revenue | $4,930,146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $115,500 |
| Pension plans, employee benefits | $20,436 |
| Interest | $0 |
| Taxes | $11,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,815 |
| Printing and publications | $1,006 |
| Other expenses | $287,514 |
| Total operating and administrative expenses | $853,953 |
| Contributions, gifts, grants paid | $6,581,658 |
| Total expenses and disbursements | $7,435,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,303,799 |
| Net Accounts receivable | $844,110 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $103,750 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $30,439,513 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $53,578,067 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elizabeth R & William J Patterson Foundation has awarded $6,581,658 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA ACADEMY OF SCIENCES PURPOSE: EDIBLE INSECT PROTEIN LAB AND FARM | $312,753 |
CALIFORNIA ACADEMY OF SCIENCES PURPOSE: ACADEMY'S VISION FOR A NEW MEMBERSHIP FRAMEWORK | $700,000 |
CALIFORNIA ASSOC OF RESOURCE CONSERVATION DISTRICT PURPOSE: ACCELERATING CLIMATE ACTION IN CALIFORNIA | $300,000 |
CAREMESSAGE PURPOSE: SUPPORTING THE ACHIEVEMENT OF FINANCIAL SELF-SUSTAINABILITY | $100,000 |
CARBON CYCLE INSTITUTE PURPOSE: ACCELERATING CLIMATE ACTION IN CALIFORNIA | $300,000 |
FIRST NATIONS DEVELOPMENT INSTITUTE PURPOSE: CALIFORNIA TRIBAL FUND | $177,238 |