James Irvine Foundation
- Assets
- $2.6b
- Revenue
- $106.8m
- Investments
- $2.5b
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 11/1939
- Data as of
- 12/2019
- EIN
- 94-1236937
Organization Overview
James Irvine Foundation is located in San Francisco, CA. The organization was established in 1939. 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.
For the year ending 12/2019, James Irvine Foundation generated $106.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $134.0m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2013, James Irvine Foundation has awarded 4,908 individual grants totaling $832,090,160. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION-ADMINISTERED PROJECT TO SELECT AND RECOGNIZE CALIFORNIA LEADERS WHO PROMOTE EFFECTIVE SOLUTIONS TO CRITICAL ISSUES FOR CALIFORNIA.
FOUNDATION-ADMINISTERED PROJECT TO ENGAGE WITH THE SEGMENT OF EMPLOYERS WHO ARE INTERESTED IN AND TAKING ACTION TO ADVANCE ECONOMIC MOBILITY FOR LOW-WAGE WORKERS, AND THE FUNDERS THAT ARE SUPPORTING RELEVANT EMPLOYER-CENTERED WORK IN CALIFORNIA.
FOUNDATION-ADMINISTERED PROJECT TO ASSESS THE ASPIRATIONS OF WORKER ORGANIZATIONS TO ENGAGE MORE COLLABORATIVELY, AND TO DETERMINE CAPACITY NEEDS AND MECHANISMS THAT WOULD ENABLE GREATER COLLABORATION.
FOUNDATION-ADMINISTERED PROJECT TO REVIEW EXISTING INFORMATION AND DOCUMENT LEARNINGS AND INSIGHTS TO DETERMINE WHAT OTHER INFORMATION IS NEEDED TO FILL GAPS IN KNOWLEDGE THROUGH INTERACTIONS WITH GRANTEES AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | 2 | $0 | |
Jesus S Arguelles Dir. Of Investments | 50 | $623,750 | |
Sharif Siddiqui Dir. Of Investments | 50 | $527,550 | |
Melissa Lopez Dir. Of Investments | 50 | $490,050 | |
Amy Saxton VP Prgm Development | 50 | $286,167 | |
Charles S Fields VP Prgm Implement | 50 | $275,333 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Deloitte Consulting Llp | 12/30/19 | $2,411,539 |
Capitol Impact Consulting Llc | 12/30/19 | $608,309 |
Engage Rd Inc | 12/30/19 | $589,623 |
Silchester International | 12/30/19 | $588,607 |
Westwood Global | 12/30/19 | $553,199 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,277,684 |
| Dividends & Interest | $3,233,278 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $94,395,851 |
| Capital Gain Net Income | $149,747,680 |
| Net ST Capital Gain | $0 |
| Income Modifications | $326,804 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,095,749 |
| Total Revenue | $106,811,064 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,291,824 |
| Other employee salaries and wages | $8,459,144 |
| Pension plans, employee benefits | $2,588,030 |
| Interest | $285,521 |
| Taxes | $2,127,834 |
| Depreciation | $607,054 |
| Occupancy | $1,376,018 |
| Travel, conferences, and meetings | $1,064,451 |
| Printing and publications | $23,539 |
| Other expenses | $6,449,191 |
| Total operating and administrative expenses | $31,600,798 |
| Contributions, gifts, grants paid | $102,390,368 |
| Total expenses and disbursements | $133,991,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,958 |
| Savings and temporary cash investments | $18,754,169 |
| Net Accounts receivable | $72,892,721 |
| 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 | $2,163,695,100 |
| Net Land, buildings, and equipment | $3,163,542 |
| Other assets | $35,126,564 |
| Total assets | $2,606,961,983 |
| Accounts payable and accrued expenses | $31,797,653 |
| Grants payable | $51,762,160 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $47,117,567 |
| Total liabilities | $130,677,380 |
Grants Awarded
Over the last fiscal year, James Irvine Foundation has awarded $142,745,628 in support to 770 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO SUPPORT WORKERS' LEGAL PROTECTIONS | $2,700,000 |
New York, NY PURPOSE: TO SUPPORT WORKERS' LEGAL PROTECTIONS | $2,700,000 |
Oakland, CA PURPOSE: FOR A PARTNERSHIP WITH COLLEGE FUTURES | $2,500,000 |
Oakland, CA PURPOSE: FOR A PARTNERSHIP WITH COLLEGE FUTURES | $2,500,000 |
San Francisco, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $2,000,000 |
YEAR UP INC PURPOSE: FOR EXPANSION OF CA SITES | $2,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The California Endowment Los Angeles, CA | $3,446,801,045 | $280,955,609 |
Conrad N Hilton Foundation Agoura Hills, CA | $4,101,713,350 | $963,893,294 |
Good Ventures Foundation Palo Alto, CA | $3,336,254,185 | $1,237,792,121 |
Sergey Brin Family Foundation San Francisco, CA | $0 | $196,006,742 |
James Irvine Foundation San Francisco, CA | $2,606,961,983 | $106,811,064 |
Columbia Lutheran Charities Astoria, OR | $179,724,242 | $148,283,851 |
Tosa Foundation Portola Valley, CA | $602,851,213 | $74,662,846 |
Scully Memorial Foundation Mill Valley, CA | $0 | $177,202,304 |
Broad Foundation Los Angeles, CA | $1,846,960,427 | $168,915,423 |
Engelstad Fam Foundation Las Vegas, NV | $799,432,969 | $59,109,744 |
S D Bechtel Jr Foundation San Francisco, CA | $67,419,693 | $6,476,129 |
Henry J Kaiser Family Foundation San Francisco, CA | $735,632,115 | $53,799,622 |