Compton Foundation Inc
- Assets
- $15.9m
- Revenue
- $2.0m
- Investments
- $12.6m
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 09/1991
- Data as of
- 12/2022
- EIN
- 94-3142932
Organization Overview
Compton Foundation Inc is located in Berkeley, CA. The organization was established in 1991. 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. Compton Foundation Inc 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 12/2022, Compton Foundation Inc generated $2.0m 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 (14.3%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Compton Foundation Inc has awarded 92 individual grants totaling $54,977,245. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Compton President | 2 | $10,000 | |
Emilie Cortes Treasurer | 2 | $10,000 | |
Alexandra Toma Secretary | 2 | $10,000 | |
Jakada Imani Vice President | 2 | $10,000 | |
June Wilson Executive Director | 40 | $227,400 | |
Jennifer Turnage Director Of Finance | 40 | $171,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sonen Investment Management | 12/30/21 | $107,499 |
| 12/30/21 | $74,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,449 |
| Dividends & Interest | $311,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,680,161 |
| Capital Gain Net Income | $1,680,161 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,000,639 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $299,006 |
| Other employee salaries and wages | $385,338 |
| Pension plans, employee benefits | $139,602 |
| Interest | $183,669 |
| Taxes | $60,776 |
| Depreciation | $64,058 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $29,068 |
| Printing and publications | $1,277 |
| Other expenses | $420,066 |
| Total operating and administrative expenses | $1,859,213 |
| Contributions, gifts, grants paid | $2,719,145 |
| Total expenses and disbursements | $4,578,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $1,499,200 |
| Net Accounts receivable | $168,215 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,500,903 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,079 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,628,710 |
| Net Land, buildings, and equipment | $88,599 |
| Other assets | $28,222 |
| Total assets | $15,929,078 |
| Accounts payable and accrued expenses | $148,842 |
| Grants payable | $4,186,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $78,415 |
| Total liabilities | $4,413,257 |
Grants Awarded
Over the last fiscal year, Compton Foundation Inc has awarded $6,905,146 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ARTS GRANTS DETAIL PURPOSE: ARTS | $35,000 |
SEE CHILDREN YOUTH DETAIL PURPOSE: CHILDREN & YOUTH | $23,000 |
SEE DEMOCRACY DETAIL PURPOSE: DEMOCRACY | $455,000 |
LEOPOLD SCHEPP FOUNDATION PURPOSE: EDUCATION | $1,500 |
SEE CROSS-MOVEMENT DETAIL PURPOSE: CROSS-MOVEMENT | $855,000 |
SEE ENVIRONMENT DETAIL PURPOSE: ENVIRONMENT | $118,000 |