Walter And Elise Haas Fund
- Assets
- $238.0m
- Revenue
- $40.2m
- Investments
- $233.6m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 03/1953
- Data as of
- 12/2019
- EIN
- 94-6068564
Organization Overview
Walter And Elise Haas Fund is located in San Francisco, CA. The organization was established in 1953. 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.
For the year ending 12/2019, Walter And Elise Haas Fund generated $40.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 64.9% each year . All expenses for the organization totaled $15.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTING MEETINGS OF NONPROFIT LEADERS AND GRANTMAKERS; SERVICE OF FOUNDATION STAFF ON NONPROFIT BOARDS AND ADVISORY COUNCILS; TECHNICAL ASSISTANCE TO ENCOURAGE PHILANTHROPY.
OTHER ACTIVITIES OF FOUNDATION LIMITED SOLELY TO GRANT MAKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Allison Executive Dir/secry/treasurer | 40 | $254,400 | |
Frances Phillips Program Director | 40 | $189,000 | |
Stephanie Rapp Sr.program Officer | 40 | $168,000 | |
Padmini Parhasarathy Sr. Program Officer | 40 | $161,000 | |
Sarah O'kane Director Of Admin. | 40 | $128,000 | |
Marcel Marania Grants Manager | 40 | $103,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Tiff Keystone Fund Lp | 12/30/19 | $507,965 |
The Tiff Centerstone Fund Lp | 12/30/19 | $146,559 |
Argonaut Securities Company | 12/30/19 | $248,138 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,467 |
| Dividends & Interest | $473,557 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,302,284 |
| Capital Gain Net Income | $5,302,284 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $34,454,120 |
| Total Revenue | $40,234,428 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $254,400 |
| Other employee salaries and wages | $1,104,383 |
| Pension plans, employee benefits | $477,322 |
| Interest | $0 |
| Taxes | $1,007,458 |
| Depreciation | $75,815 |
| Occupancy | $209,223 |
| Travel, conferences, and meetings | $38,805 |
| Printing and publications | $9,414 |
| Other expenses | $377,490 |
| Total operating and administrative expenses | $4,622,558 |
| Contributions, gifts, grants paid | $10,682,973 |
| Total expenses and disbursements | $15,305,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $1,069,363 |
| Net Accounts receivable | $2,596,377 |
| 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 | $215,954,431 |
| Net Land, buildings, and equipment | $538,097 |
| Other assets | $211,557 |
| Total assets | $237,988,230 |
| Accounts payable and accrued expenses | $505,198 |
| Grants payable | $0 |
| Deferred revenue | $2,968 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,118,757 |
| Total liabilities | $1,626,923 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Walter And Elise Haas Fund has recieved totaling $652,500.
| Awarding Organization | Amount |
|---|---|
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE CREATIVE WORK FUND | $600,000 |
Alliance For California Traditional Arts Fresno, CA | | $52,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $0 | $20,303,134 |
The David Geffen Foundation Los Angeles, CA | $561,463,212 | $85,583,701 |
California Physicians Service Foundation San Francisco, CA | $102,893,620 | $51,076,766 |
Stupski Foundation San Francisco, CA | $238,777,806 | $15,248,358 |
Evelyn And Walter Haas Jr Fund San Francisco, CA | $462,643,905 | $31,303,039 |
Intel Foundation Hillsboro, OR | $82,014,242 | $105,153,500 |
Hellman Foundation San Francisco, CA | $599,776,982 | $80,673,426 |
Arnold And Mabel Beckman Foundation Irvine, CA | $611,277,118 | $21,295,161 |
Dunaway Foundation La Jolla, CA | $36,340,175 | $7,416,577 |
Skip Viragh Foundation Inc Reno, NV | $264,566,460 | $12,157,896 |
Ralph M Parsons Foundation Los Angeles, CA | $397,220,867 | $29,731,330 |
Sunlight Giving Palo Alto, CA | $484,237,387 | $29,821,285 |