Catholic Community Foundation Of Los Angeles
- Assets
- $364.5m
- Revenue
- $117.7m
- Investments
- $77.3m
- Employees
- 13
- Location
- Los Angeles, CA
- Founding
- 02/2015
- Data as of
- 12/2019
- EIN
- 38-3941057
Organization Overview
Catholic Community Foundation Of Los Angeles is located in Los Angeles, CA. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2019, Catholic Community Foundation Of Los Angeles employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Catholic Community Foundation Of Los Angeles generated $117.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $35.4m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Catholic Community Foundation Of Los Angeles has awarded 319 individual grants totaling $177,102,802. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE CATHOLIC COMMUNITY FOUNDATION OF LOS ANGELES EMPOWERS CHARITABLE INDIVIDUALS AND ORGANIZATIONS THROUGH PROFESSIONAL PHILANTHROPY MANAGEMENT IN SUPPORT OF CATHOLIC VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION:GRANTS WERE MADE FROM VARIOUS DONOR ADVISED FUNDS TO SUPPORT CATHOLIC INNER CITY SCHOOL IMPROVEMENTS, SCHOLARSHIP PROGRAMS FOR K-16, SUPPORT YOUTH AND SPORT PROGRAMS FOR UNDERSERVED AREAS.
PARISHES ($854,712), OTHER RELIGIOUS AND SEMINARIES ($482,090):GRANTS MADE IN SUPPORT OF CATHOLIC PARISHES, OTHER CATHOLIC AND RELIGIOUS CASUES AND SEMINARIES.
SOCIAL SERVICES:GRANTS MADE FROM VARIOUS DONOR ADVISED FUNDS TO SUPPORT ORGANIZATIONS, RELIGIOUS ORDERS AND SPECIAL EVENTS WITHIN THE ARCHDIOCESE OF LOS ANGELES INCLUDING THE CATHOLIC PRAYER BREAKFAST, CAPITAL CAMPAIGNS, MUSIC AND ART PROGRAMS AND ACQUISITIONS, THE CITY OF ANGELS CHRISTMAS GALA, SUPPORT HEALTHCARE FOR CHILDREN AND SENIOR CARE IN THE COMMUNITY, AND SUPPORT FOR THE CARDINAL'S AWARD DINNER.
ADMINISTRATION AND MANAGEMENT OF GRANT-MAKING AND DONOR ADVISED FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen H Anderson President & Executive Director | Officer | 40 | $280,000 |
Arnulfo Cueva Jr CFO | Officer | 40 | $170,000 |
Timithie Norman Director Of Development | 40 | $110,000 | |
Malanna Marioneaux Asst. Treasurer And Mngr O | Officer | 40 | $75,600 |
Louis M Castruccio Vice Chairman | OfficerTrustee | 2 | $0 |
Edward C Roohan Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kathleen M Anderson Management Services | 12/30/15 | $175,000 |
Renaissance Administration Donor Proc/web Host | 12/30/15 | $166,250 |
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 | $111,567,893 |
| Noncash contributions included in lines 1a–1f | $47,861,095 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,567,893 |
| Total Program Service Revenue | $938,633 |
| Investment income | $3,892,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,327,604 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $117,727,078 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,310,964 |
| 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. | $908,937 |
| Compensation of current officers, directors, key employees. | $81,805 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,953 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,056 |
| Payroll taxes | $59,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,170 |
| Fees for services: Accounting | $47,297 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $384,152 |
| Fees for services: Other | $202,022 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,450 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $82 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,863 |
| Insurance | $35,993 |
| All other expenses | $16,086 |
| Total functional expenses | $35,393,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,084 |
| Savings and temporary cash investments | $10,078,679 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,229 |
| 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 | $42,197 |
| Net Land, buildings, and equipment | $10,536 |
| Investments—publicly traded securities | $276,738,395 |
| Investments—other securities | $77,324,310 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $364,486,430 |
| Accounts payable and accrued expenses | $30,935 |
| 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 | $201,227,474 |
| Total liabilities | $201,258,409 |
| Net assets without donor restrictions | $155,656,312 |
| Net assets with donor restrictions | $7,571,709 |
| 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 | $364,486,430 |
Grants Awarded
Over the last fiscal year, Catholic Community Foundation Of Los Angeles has awarded $33,166,350 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
Pomona, CA PURPOSE: INNER CITY SCHOOL IMPROVEMENTS | $11,588,023 |
Phoenix, AZ PURPOSE: INNER-CITY SCHOOL IMPROVEMENTS | $5,379,233 |
Oakland, CA PURPOSE: SCHOOL IMPROVEMENTS | $2,025,602 |
CATHOLIC EDUCATION FOUNDATION OF LOS ANGELES PURPOSE: TUITION ASSISTANCE PROGRAM | $2,000,000 |
Garden Grove, CA PURPOSE: MATER DEI HIGH SCHOOL INFRASTRUCTURE IMPROVEMENTS | $1,255,227 |
Chestnut Hill, MA PURPOSE: EDMUND H. SHEA JR. CENTER FOR ENTREPRENEURSHIP FUND | $1,225,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catholic Community Foundation Of Los Angeles has recieved totaling $412,899.
| Awarding Organization | Amount |
|---|---|
Patricia Duque Byrne Charitable Foundation Pasadena, CA PURPOSE: COMMUNITY IMPROVEMENT | $412,899 |
Endowment Analysis
| Beg. Balance | $1,936,117 |
| Earnings | $455,294 |
| Admin Expense | $33,330 |
| Net Contributions | $351,467 |
| Grants | $53,986 |
| Ending Balance | $2,655,562 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turning Point For God Lakeside, CA | $27,368,944 | $69,993,884 |
Family Resource & Referral Center Of San Joaquin Stockton, CA | $15,347,829 | $55,376,739 |
Yellow Chair Foundation San Francisco, CA | $452,620,225 | $115,982,312 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $364,486,430 | $117,727,078 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
St Vincent De Paul Village Inc San Diego, CA | $16,237,392 | $42,155,260 |
Joni And Friends Agoura Hills, CA | $37,479,998 | $35,900,455 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $9,864,508 | $26,524,459 |
Cityteam Ministries San Jose, CA | $41,622,315 | $29,954,995 |
Amazing Facts International Granite Bay, CA | $72,059,787 | $23,997,881 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Latino Coalition For Community Leadership Bakersfield, CA | $2,856,691 | $14,734,922 |