Chipotle Cultivate Foundation
- Assets
- $1.1m
- Revenue
- $7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 45-2606186
Organization Overview
Chipotle Cultivate Foundation is located in Newport Beach, CA. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Chipotle Cultivate 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 12/2021, Chipotle Cultivate Foundation generated $7.5k 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 (71.1%) each year. All expenses for the organization totaled $269.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Schalow President/board Member | 0.48 | $0 | |
Michael Mcgawn Secretary/board Member | 0.12 | $0 | |
Brian Niccol Board Member | 0.04 | $0 | |
Adam Rymer Treasurer | 0.06 | $0 | |
Caitlin Leibert Executive Director (thru 7/21) | 2.35 | $0 | |
Erin Wolford Executive Director (from 7/21) | 0.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,475 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,475 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,079 |
| Total operating and administrative expenses | $22,654 |
| Contributions, gifts, grants paid | $246,299 |
| Total expenses and disbursements | $268,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,130,625 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,130,625 |
| Accounts payable and accrued expenses | $11,130 |
| 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 | $11,130 |
Grants Awarded
Over the last fiscal year, Chipotle Cultivate Foundation has awarded $767,450 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Hudson, NY PURPOSE: TO MOBILIZE AND ENGAGE YOUNG FARMERS TO ENSURE THEIR SUCCESS AS INDEPENDENT AND PROSPEROUS FARMERS NOW AND IN THE FUTURE. | $375,000 |
Denver, CO PURPOSE: TO SUPPORT DEVELOPING AND MANAGING A "FOOD INTEGRITY MOVEMENT" ACCELERATOR TARGETING NEXT GENERATION CHANGEMAKERS WHO ARE CREATING INNOVATION SOLUTIONS TO KEY PROBLEMS FACING THE FOOD INDUSTRY. | $223,650 |
Westminster, CO PURPOSE: TO MOBILIZE AND ENGAGE YOUNG FARMERS TO ENSURE THEIR SUCCESS AS INDEPENDENT AND PROSPEROUS FARMERS NOW AND IN THE FUTURE. | $125,000 |
MENTOR BKB FOUNDATION PURPOSE: TO SUPPORT YOUNG COOKS TO EXPERIENCE AN OPPORTUNITY TO CONTINUE TRAINING AND EDUCATION IN THE CULINARY ARTS. | $24,000 |
Hyde Park, NY PURPOSE: TO SUPPORT YOUNG COOKS TO EXPERIENCE THE OPPORTUNITY TO FURTHER THEIR CULINARY EDUCATION. | $19,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |