Banc Of California Charitable Foundation
- Assets
- $1.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Ana, CA
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 81-2984187
Organization Overview
Banc Of California Charitable Foundation is located in Santa Ana, CA. The organization was established in 2019. 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. Banc Of California Charitable Foundation 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, Banc Of California Charitable Foundation generated $2.0m in total revenue. All expenses for the organization totaled $974.3k during the year ending 12/2023. While expenses have increased by 57.6% per year over the past 5 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 2019, Banc Of California Charitable Foundation has awarded 323 individual grants totaling $3,186,258. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Garcia President | 4 | $0 | |
Irene Chung Secretary | 0.5 | $0 | |
Raymond Rindone Treasurer | 0.5 | $0 | |
Stan Ivie Chairman Of Board | 0.5 | $0 | |
Samantha Haugh Board Member | 0.5 | $0 | |
John Sotoodeh Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,009,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,009,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $200 |
| Contributions, gifts, grants paid | $974,133 |
| Total expenses and disbursements | $974,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,463,612 |
| Savings and temporary cash investments | $0 |
| 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 | $1,463,612 |
| 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, Banc Of California Charitable Foundation has awarded $974,133 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
THOMAS HOUSE FAMILY SHELTER PURPOSE: THE PURPOSE OF THIS GRANT IS TO PROVIDE SCHOLARSHIPS TO ATTEND ANNUAL SUMMER CAMP. | $9,500 |
LOS ANGELES FIRE DEPARTMENT FOUNDATION PURPOSE: THE PURPOSE OF THIS GRANT FOR SPONSORSHIP TO SUPPORT THE NEEDS OF LA FIREFIGHTERS | $38,500 |
SECOND CHANCE ORANGE COUNTY PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT HOMELESS PROGRAMS | $5,000 |
OC HUMAN RELATIONS PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT RESTORATIVE JUSTICE PROGRAMS IN SCHOOLS | $15,000 |
TELACU EDUCATION FOUNDATION PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT SCHOLARSHIPS TO FIRST GENERATION COLLEGE STUDENTS | $10,000 |
RAISE A CHILD PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT THE REDUCTION OF CHILDREN IN THE FOSTER SYSTEM | $50,000 |