Riley & Susan Bechtel Foundation
- Assets
- $63.5m
- Revenue
- $4.2m
- Investments
- $63.2m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 06/1977
- Data as of
- 12/2023
- EIN
- 94-2416417
Organization Overview
Riley & Susan Bechtel Foundation is located in San Francisco, CA. The organization was established in 1977. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Riley & Susan Bechtel 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, Riley & Susan Bechtel Foundation generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riley & Susan Bechtel Foundation has awarded 36 individual grants totaling $19,634,924. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan P Bechtel President & Director | 0 | $0 | |
Riley P Bechtel Vice-President & Director | 0 | $0 | |
Brendan P Bechtel Director | 0 | $0 | |
Darren H Bechtel Director | 0 | $0 | |
Katherine E Thompson Director | 0 | $0 | |
Amy Dunphy Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $13 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,323 |
| Capital Gain Net Income | $138,803 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,201,777 |
| Total Revenue | $4,220,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,534 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $903 |
| Total operating and administrative expenses | $83,637 |
| Contributions, gifts, grants paid | $2,887,356 |
| Total expenses and disbursements | $2,970,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $185,698 |
| 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 | $53,018 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $63,214,137 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $63,452,853 |
| 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, Riley & Susan Bechtel Foundation has awarded $2,887,356 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CONVERGENT RESEARCH INC PURPOSE: TO SUPPORT RESEARCH ACTIVITIES. | $1,000,000 |
CONVERGENT RESEARCH INC PURPOSE: TO SUPPORT RESEARCH ACTIVITIES. | $1,000,000 |
CRAIG HOSPITAL FOUNDATION PURPOSE: TO SUPPORT THE CRAIG HOSPITAL NEUROBEHAVIORAL PROGRAM. | $84,495 |
FOODBANK OF SANTA BARBARA COUNTY PURPOSE: TO SUPPORT THE BUILDING READINESS CAPITAL CAMPAIGN. | $600,000 |
UNITED WAY OF THE BAY AREA PURPOSE: TO SUPPORT POVERTY-FIGHTING PROGRAMS TO HELP END THE CYCLE OF POVERTY BY ENSURING ACCESS TO BASIC NEEDS AND BUILDING SYSTEMS AND PATHWAYS TO CAREER AND EMPLOYMENT OPPORTUNITIES. | $202,861 |