Cbre Foundation Inc
- Assets
- $1.4m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 0
- Location
- El Segundo, CA
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 51-0439609
Organization Overview
Cbre Foundation Inc is located in El Segundo, CA. The organization was established in 2003. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cbre Foundation Inc 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, Cbre Foundation Inc generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $8.2m during the year ending 12/2021. While expenses have increased by 35.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Cbre Foundation Inc has awarded 148 individual grants totaling $22,157,196. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CBRE FOUNDATION SUPPORTS LOCAL AND DOMESTIC RESPONSE EFFORTS AND SIGNATURE PROGRAMS UNIQUE TO CBRE AS A CARING ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CBRE FOUNDATION CONTRIBUTES TO NUMEROUS CHARITIES AS PART OF AN EMPLOYEE MATCHING GIFT PROGRAM WITH CBRE, INC. AND IT ALSO SUPPORTS FUNDRAISING EFFORTS OF THE LOCAL CBRE, INC. OFFICES THROUGHOUT THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy A Dismond Dir & President As Of Oct 2021 | OfficerTrustee | 0.04 | $0 |
Cindy Kee Assistant Secretary | Officer | 0.04 | $0 |
Jennifer Leitsch Secretary Thru November 2021 | Officer | 0.04 | $0 |
Veronica Hayden Secretary As Of 12/30/2021 | Officer | 0.04 | $0 |
Madeleine Barber Treasurer As Of 1/22/2021 | Officer | 0.04 | $0 |
Michael J Lafitte Director | Trustee | 0.04 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,534 |
| Related organizations | $6,985,145 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,913 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,060,592 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $7,060,592 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,880,258 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $108,269 |
| Advertising and promotion | $0 |
| Office expenses | $1,186 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,198,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,274,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,158 |
| 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 | $118,851 |
| 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 | $1,419,953 |
| Accounts payable and accrued expenses | $43,270 |
| Grants payable | $263,124 |
| 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 | $306,394 |
| Net assets without donor restrictions | $1,086,401 |
| Net assets with donor restrictions | $27,158 |
| 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 | $1,419,953 |
Grants Awarded
Over the last fiscal year, Cbre Foundation Inc has awarded $7,865,923 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
West Palm Beach, FL PURPOSE: HUMAN SERVICES | $3,850,000 |
Montpelier, VT PURPOSE: COMMUNITE DEVELOPMENT | $2,000,000 |
Boulder, CO PURPOSE: COMMUNITY DEVELOPMENT | $1,000,000 |
Newark, DE PURPOSE: HUMAN SERVICES | $933,163 |
Dallas, TX PURPOSE: HEALTH SUPPORT SERVICES | $40,710 |
Washington, DC PURPOSE: HEALTH SERVICES | $22,050 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Cbre Foundation Inc has recieved totaling $90,730.
| Awarding Organization | Amount |
|---|---|
Sulentic Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $36,730 |
Sulentic Family Foundation Wilmington, DE PURPOSE: DECEMBER 2021 TORNADO DISASTER RELIEF FUND THROUGH THE AMERICAN RED CROSS | $2,000 |
Albatross Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Sulentic Family Foundation Wilmington, DE PURPOSE: COREGIVING'S FUNDRAISER INITIATIVE TO HELP STOP CHILDHOOD HUNGER IN THE USA | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Covenant House California Los Angeles, CA | $27,501,238 | $23,025,602 |
Social Advocates For Youth San Diego Inc San Diego, CA | $10,118,124 | $18,306,595 |
Realistic Education In Action Coalition To Foster Health Los Angeles, CA | $16,143,012 | $28,303,642 |
Youth Development Institute Phoenix, AZ | $7,642,122 | $15,390,888 |
Janus Youth Programs Inc Portland, OR | $8,331,931 | $14,934,376 |
Looking Glass Community Services Eugene, OR | $12,244,793 | $15,672,090 |
Henrietta Weill Memorial Child Guidance Clinic Bakerfield, CA | $4,367,553 | $13,577,518 |
Aldea Inc Napa, CA | $10,343,090 | $11,612,223 |
Arizona Baptist Childrens Services Tucson, AZ | $6,943,663 | $9,654,753 |
Communities In Schools Of Nevada Las Vegas, NV | $14,635,782 | $16,403,863 |
Child Guidance Center Inc Santa Ana, CA | $2,005,351 | $10,104,163 |
Harmonium Inc San Diego, CA | $3,437,526 | $10,151,613 |