Battery Foundation
- Assets
- $2.8m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 3
- Location
- San Francisco, CA
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-5476017
Organization Overview
Battery Foundation, operating under the name Battery Powered, is located in San Francisco, CA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Battery Powered employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Battery Powered 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, Battery Powered generated $3.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Battery Powered has awarded 208 individual grants totaling $24,566,583. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE CHARITABLE GIVING BY CONNECTING PHILANTHROPISTS TO NONPROFIT ORGANIZATIONS AND CAUSES THAT ARE TACKLING SOME OF SOCIETY'S TOUGHEST CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, THE BATTERY FOUNDATION PROVIDED DONOR EDUCATION AND NEW GRANTS IN THE AREAS OF JOURNALISM & THE MEDIA: HOUSING & HOMELESSNESS AND THE FUTURE OF FOOD. WE ALSO RESPONDED IN REAL TIME TO THE WAR IN UKRAINE WITH A POP UP EDUCATION AND FUNDRAISING EVENT AND REINSTATED OUR VOLUNTEER PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xochiltzin Birch President | OfficerTrustee | 0.5 | $0 |
Michael Birch Treasurer | OfficerTrustee | 0.5 | $0 |
Suzan Canli Secretary | OfficerTrustee | 1 | $0 |
Jamie Allison Director | Trustee | 0.5 | $0 |
Dan Kinsley Director | Trustee | 0.5 | $0 |
Jeni Izuel Director | Trustee | 0.5 | $0 |
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 | $3,817,423 |
| Noncash contributions included in lines 1a–1f | $227,678 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,817,423 |
| Total Program Service Revenue | $0 |
| Investment income | $11,859 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,829,282 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,912,795 |
| 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. | $227,138 |
| Compensation of current officers, directors, key employees. | $43,395 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,643 |
| Pension plan accruals and contributions | $5,249 |
| Other employee benefits | $8,152 |
| Payroll taxes | $25,428 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,817 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,486 |
| Advertising and promotion | $0 |
| Office expenses | $31,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $538 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,478 |
| All other expenses | $0 |
| Total functional expenses | $3,474,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,041,427 |
| Savings and temporary cash investments | $1,431,837 |
| Pledges and grants receivable | $317,054 |
| Accounts receivable, net | $0 |
| 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 | $11,978 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,802,296 |
| Accounts payable and accrued expenses | $14,084 |
| Grants payable | $1,274,340 |
| 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 | $0 |
| Total liabilities | $1,288,424 |
| Net assets without donor restrictions | $1,439,099 |
| Net assets with donor restrictions | $74,773 |
| 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 | $2,802,296 |
Grants Awarded
Over the last fiscal year, Battery Foundation has awarded $2,909,745 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AGRICULTURE AND LAND BASED TRAINING ASSOCIATION PURPOSE: GENERAL SUPPORT | $201,207 |
AGRICULTURAL INSTITUTE OF MARIN PURPOSE: DEVELOPMENT OF THE CENTER FOR FOOD AND AGRICULTURE | $95,947 |
BAYVIEW HUNTERS POINT CENTER FOR ARTS AND TECHNOLOGY PURPOSE: GENERAL SUPPORT FOR YOUTH PROGRAMMING | $186,423 |
CALIFORNIA HOUSING PARTNERSHIP PURPOSE: GENERAL SUPPORT | $10,000 |
CENTER FOR INVESTIGATING REPORTING PURPOSE: GENERAL SUPPORT | $145,440 |
CALMATTERS PURPOSE: SUPPORT FOR THE CALIFORNIA ACCOUNTABILITY DESK | $250,000 |