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
Scully Memorial Foundation 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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Scully Memorial Foundation 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 |
Scully Memorial Foundation 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 |
Scully Memorial Foundation 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 |
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