Coequantem Fund
- Assets
- $2.6m
- Revenue
- $117.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-4765063
Organization Overview
Coequantem Fund is located in Los Gatos, CA. The organization was established in 2016. 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. Coequantem Fund 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 12/2023, Coequantem Fund generated $117.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $152.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Coequantem Fund has awarded 27 individual grants totaling $477,008. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth A Clark President & Director | 5 | $0 | |
Amy Marie Boyd Secretary, Treasurer, & Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,899 |
| Dividends & Interest | $44,049 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,397 |
| Capital Gain Net Income | $72,798 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,331 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $235 |
| Total operating and administrative expenses | $28,400 |
| Contributions, gifts, grants paid | $124,000 |
| Total expenses and disbursements | $152,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,258 |
| Savings and temporary cash investments | $22,550 |
| 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 | $2,637,249 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Coequantem Fund has awarded $124,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP UNLIMITED (AKA CAMP KREM) PURPOSE: CHARITABLE | $50,000 |
COLLEGE OF ADAPTIVE ARTS PURPOSE: CHARITABLE | $25,000 |
IBENENEKA LEARNING COMMUNITY CENTER PURPOSE: CHARITABLE | $20,000 |
TIBETAN CHILDREN'S EDUCATION FOUNDATION PURPOSE: CHARITABLE | $8,500 |
THE STREET DOG COALITION PURPOSE: CHARITABLE | $6,500 |
LIFE SCIENCE CARES INC PURPOSE: CHARITABLE | $5,000 |