Castilleja School Foundation
- Assets
- $171.1m
- Revenue
- $35.9m
- Investments
- $60.2m
- Employees
- 213
- Location
- Palo Alto, CA
- Founding
- 08/1943
- Data as of
- 06/2021
- EIN
- 94-0373222
Organization Overview
Castilleja School Foundation is located in Palo Alto, CA. The organization was established in 1943. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Castilleja School Foundation employed 213 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castilleja School 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 06/2021, Castilleja School Foundation generated $35.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $29.5m during the year ending 06/2021. While expenses have increased by 3.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AS AN EDUCATIONAL INSTITUTION FOR THE EDUCATION OF YOUNG WOMEN GRADES 6-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASTILLEJA PROVIDES COLLEGE PREPARATORY EDUCATION FOR GIRLS FROM GRADE 6 THROUGH GRADE 12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Z Layendecker Associate Head For Finance & Ops | Officer | 40 | $319,195 |
Nanci Kauffman Head Of School | Officer | 40 | $299,087 |
Anne Cameron Head Of Middle School | 40 | $201,890 | |
Sue Kim Director Of Advancement | 40 | $196,811 | |
Josee Band Dean Of Teaching & Learning | 40 | $193,589 | |
Gabrielle Mccolgan Director Of College Counseling | 40 | $185,545 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Storbeck Pimentel & Associates Lp Recruiting Services | 6/29/21 | $108,523 |
Jorgenson Siegel Mcclure & Flegel Llp Legal Services | 6/29/21 | $169,560 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,472,759 |
| Noncash contributions included in lines 1a–1f | $557,520 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,477,259 |
| Total Program Service Revenue | $22,554,026 |
| Investment income | $717,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,012 |
| Net Gain/Loss on Asset Sales | $2,093,738 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,900,953 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,674 |
| Grants and other assistance to domestic individuals. | $3,746,633 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,180,883 |
| Compensation of current officers, directors, key employees. | $608,096 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,822,152 |
| Pension plan accruals and contributions | $1,185,400 |
| Other employee benefits | $2,116,639 |
| Payroll taxes | $1,053,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $353,325 |
| Fees for services: Accounting | $67,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $183,581 |
| Fees for services: Other | $171,737 |
| Advertising and promotion | $10,346 |
| Office expenses | $1,238,020 |
| Information technology | $449,446 |
| Royalties | $0 |
| Occupancy | $903,038 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,807 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,338,314 |
| Insurance | $245,861 |
| All other expenses | $0 |
| Total functional expenses | $29,516,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,010,260 |
| Savings and temporary cash investments | $2,345,355 |
| Pledges and grants receivable | $8,578,082 |
| Accounts receivable, net | $5,171,045 |
| 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 | $286,046 |
| Net Land, buildings, and equipment | $32,694,659 |
| Investments—publicly traded securities | $37,963,545 |
| Investments—other securities | $60,247,455 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,798,746 |
| Total assets | $171,095,193 |
| Accounts payable and accrued expenses | $2,804,326 |
| Grants payable | $0 |
| Deferred revenue | $19,862,880 |
| 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 | $2,791,613 |
| Total liabilities | $25,458,819 |
| Net assets without donor restrictions | $75,259,405 |
| Net assets with donor restrictions | $70,376,969 |
| 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 | $171,095,193 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Castilleja School Foundation has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Cosmos And Evelyne Nicolaou Foundation Wilmington, DE PURPOSE: CAPITAL CAMPAIGN | $75,000 |
The Chan Family Foundation Cupertino, CA PURPOSE: CHARITABLE | $75,000 |
Endowment Analysis
| Beg. Balance | $61,050,648 |
| Earnings | $15,850,406 |
| Net Contributions | $1,268,000 |
| Other Expense | $3,611,500 |
| Ending Balance | $74,557,554 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Bay Area Schools Oakland, CA | $172,487,625 | $112,257,587 |
Somerset Academy Of Las Vegas Las Vegas, NV | $192,795,065 | $79,621,443 |
High Tech High San Diego, CA | $58,788,634 | $76,672,129 |
Menlo School Atherton, CA | $320,152,000 | $64,317,000 |
Oaks Christian School Westlake Village, CA | $150,419,760 | $62,594,014 |
Summit Public Schools Redwood City, CA | $48,530,707 | $55,546,203 |
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |
Crystal Springs Uplands School Hillsborough, CA | $136,020,158 | $40,020,241 |