The Albertsons Companies Foundation is located in Pleasanton, CA. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Albertsons Companies Foundation generated $46.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $40.4m during the year ending 12/2019. While expenses have increased by 14.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE ALBERTSONS COMPANIES FOUNDATION, WORKING IN COLLABORATION WITH LOCAL ORGANIZATIONS, SEEKS TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES IT SERVES. BY CAREFULLY DIRECTING ITS FUNDRAISING EFFORTS AND THE GENEROUS CONTRIBUTIONS OF ALBERTSONS' EMPLOYEES, VENDORS AND CUSTOMERS, THE FOUNDATION SUPPORTS A VARIETY OF WORTHY CAUSES IN HUNGER RELIEF, YOUTH AND EDUCATION, HEALTH AND HUMAN SERVICES, VETERANS AND PEOPLE WITH SPECIAL NEEDS. IT TAKES PRIDE IN ENSURING THAT THE VAST MAJORITY OF THE FUNDS RAISED STAYS IN LOCAL COMMUNITIES AND REFLECTS WHAT IS IMPORTANT TO ITS CUSTOMERS AND EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUNGER RELIEFTHE FOUNDATION IS ONE OF THE LARGEST CONTRIBUTORS TO FOOD BANKS AND HUNGER-RELIEF PROGRAMS IN THE NEIGHBORHOODS IT SERVES. IN ADDITION, IT IS A PROUD SUPPORTER OF NOURISHING NEIGHBORS (FORMERLY HUNGER IS), A PROPRIETARY PROGRAM WORKING TO ERADICATE CHILDHOOD HUNGER IN AMERICA. NOURISHING NEIGHBORS RAISES AWARENESS, ENGAGES VOLUNTEERS, AND RAISES FUNDS TO SUPPORT INNOVATIVE AND EFFECTIVE PROGRAMS THROUGHOUT THE COUNTRY THAT FOCUSED ON ENSURING ALL OF OUR NEIGHBORS HAVE ACCESS TO HEALTH FOOD.
CANCER RESEARCHTHE FOUNDATION BELIEVES THAT ALL PEOPLE DESERVE ACCESS TO ESSENTIAL HUMAN SERVICES AND THAT THE HEALTH OF ITS COMMUNITY STARTS WITH THE HEALTH OF ITS NEIGHBORS. IT SPONSORS ORGANIZATIONS ENGAGED IN MEDICAL RESEARCH PROGRAMS THAT IMPROVE THE LIVES OF ITS NEIGHBORS, PARTICULARLY THOSE WHO TRADITIONALLY HAVE LITTLE OR NO ACCESS TO CARE. THE FOUNDATION FOCUSES, AMONG OTHER HEALTH-RELATED CAUSES, ON CANCER RESEARCH AND ORGANIZATIONS THAT INCREASE THE NUMBER OF PATIENTS ENROLLED IN CANCER TRIALS; INCREASE THE NUMBER OF PATIENTS WHO GAINED ACCESS TO CANCER PREVENTATIVE TESTING; AND INCREASE THE NUMBER OF PATIENTS GIVEN ACCESS TO ALTERNATIVE MEDICINE FOR CANCER. IT BELIEVES ITS CAREFUL ALLOCATION OF FUNDS WILL BE A CATALYST IN THE PROCESS OF DEVELOPING BETTER TREATMENTS AND ULTIMATELY A CURE.
PROGRAMS THAT HELP PEOPLE WITH DISABILITIESTHE FOUNDATION BELIEVES THAT ALL PEOPLE SHOULD HAVE EQUAL OPPORTUNITY TO LIVE A HEALTHY AND FULL LIFE, REGARDLESS OF ABILITY. OVER THE YEARS THE FOUNDATION HAS SUPPORTED MANY ORGANIZATIONS THAT TRANSFORM THE LIVES OF MILLIONS OF PEOPLE WITH A RANGE OF SPECIAL NEEDS INCLUDING THE MUSCULAR DYSTROPHY ASSOCIATION, EASTER SEALS, SPECIAL OLYMPICS, AND A RANGE OF COMMUNITY-BASED EMPLOYMENT AND JOB COACHING ORGANIZATIONS FOCUSED ON SERVING PEOPLE WITH DISABILITIES. IT FUNDS ORGANIZATIONS THAT FOCUS ON PROVIDING ACCESS FOR CHILDREN TO ABILITY-SPECIFIC CAMPS; PROVIDING INDIVIDUALS WITH SPECIALTY SERVICES; PROVIDING INDIVIDUALS WITH EMPLOYMENT TRAINING AND HELPING THEM GAIN EMPLOYMENT; AND PROVIDING INDIVIDUAS WITH CARE AND TREATMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew J Scoggin Chairman & Pres | OfficerTrustee | 0 | $0 |
Jonathan O Mayes Director | OfficerTrustee | 0 | $0 |
Rucha Nanavati Director | OfficerTrustee | 0 | $0 |
Susan Morris Director | OfficerTrustee | 0 | $0 |
Christy Duncan Anderson Executive Direc | OfficerTrustee | 0 | $0 |
Wendy Gutshall Vice President | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,153,392 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $35,990,081 |
Noncash contributions included in lines 1a–1f | $1,153,392 |
Total Revenue from Contributions, Gifts, Grants & Similar | $37,143,473 |
Total Program Service Revenue | $0 |
Investment income | $2,680,763 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,519,993 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $46,344,229 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $38,554,659 |
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. | $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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $51,088 |
Total functional expenses | $40,439,639 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $24,260,407 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,646,290 |
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 | $11,913 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $15,531,828 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $41,450,438 |
Accounts payable and accrued expenses | $848,980 |
Grants payable | $212,647 |
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 | $1,061,627 |
Net assets without donor restrictions | $21,613,822 |
Net assets with donor restrictions | $18,774,989 |
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 | $41,450,438 |
Over the last fiscal year, we have identified 1 grants that The Albertsons Companies Foundation has recieved totaling $6,087.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,087 |
Organization Name | Assets | Revenue |
---|---|---|
Fh Association Phoenix, AZ | $32,360,131 | $118,182,244 |
Tipping Point Community San Francisco, CA | $61,259,027 | $38,090,661 |
Second Harvest Of The Greater Valley Manteca, CA | $6,868,918 | $46,568,235 |
The Clear Fund Oakland, CA | $43,908,385 | $51,079,383 |
The Albertsons Companies Foundation Pleasanton, CA | $41,450,438 | $46,344,229 |
Gary Sinise Foundation Los Angeles, CA | $51,598,916 | $42,908,528 |
Community Initiatives Oakland, CA | $32,963,465 | $33,654,695 |
St Baldricks Foundation Inc Monrovia, CA | $32,038,039 | $26,306,485 |
Gofundme Org Los Altos, CA | $3,296,431 | $30,792,768 |
Fullerton Family Foundation Novato, CA | $0 | $1,583 |
Tides Network San Francisco, CA | $7,826,192 | $23,505,764 |
Skid Row Housing Trust Los Angeles, CA | $140,703,379 | $20,933,705 |