Scully Memorial Foundation
- Assets
- $0.0
- Revenue
- $177.2m
- Investments
- $449.4m
- Employees
- 0
- Location
- Mill Valley, CA
- Founding
- 05/2013
- Data as of
- 12/2019
- EIN
- 46-2014396
Organization Overview
Scully Memorial Foundation is located in Mill Valley, CA. The organization was established in 2013. 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.
For the year ending 12/2019, Scully Memorial Foundation generated $177.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $85.1m during the year ending 12/2019. 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 |
|---|---|---|---|
John Scully Pres/dir | 1 | $0 | |
Ronald A Cohan Director | 1 | $0 | |
Lori Kulvin Crawford Cfo/sec'tary | 1 | $0 | |
Eli Weinberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $143,000,000 |
| Interest on Savings | $5,788,380 |
| Dividends & Interest | $6,579,215 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,276 |
| Total Revenue | $177,202,304 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,500 |
| Pension plans, employee benefits | $10,901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,508,449 |
| Contributions, gifts, grants paid | $82,547,000 |
| Total expenses and disbursements | $85,055,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $313,072,321 |
| Other assets | $1,622,549 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,306,317 |
Grants Awarded
Over the last fiscal year, Scully Memorial Foundation has awarded $68,825,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, CA PURPOSE: REAL ESTATE EXPENSES | $35,875,000 |
Richmond, CA PURPOSE: REAL ESTATE ACQUISITION | $24,200,000 |
Richmond, CA PURPOSE: GENERAL SUPPORT | $7,050,000 |
Richmond, CA PURPOSE: GENERAL SUPPORT | $1,700,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The California Endowment Los Angeles, CA | $3,446,801,045 | $280,955,609 |
Conrad N Hilton Foundation Agoura Hills, CA | $4,101,713,350 | $963,893,294 |
Good Ventures Foundation Palo Alto, CA | $3,336,254,185 | $1,237,792,121 |
Sergey Brin Family Foundation San Francisco, CA | $0 | $196,006,742 |
James Irvine Foundation San Francisco, CA | $2,606,961,983 | $106,811,064 |
Columbia Lutheran Charities Astoria, OR | $179,724,242 | $148,283,851 |
Tosa Foundation Portola Valley, CA | $602,851,213 | $74,662,846 |
Scully Memorial Foundation Mill Valley, CA | $0 | $177,202,304 |
Broad Foundation Los Angeles, CA | $1,846,960,427 | $168,915,423 |
Engelstad Fam Foundation Las Vegas, NV | $799,432,969 | $59,109,744 |
S D Bechtel Jr Foundation San Francisco, CA | $67,419,693 | $6,476,129 |
Henry J Kaiser Family Foundation San Francisco, CA | $735,632,115 | $53,799,622 |