Crescent Porter Hale Foundation
- Assets
- $117.6m
- Revenue
- $8.0m
- Investments
- $109.7m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/1964
- Data as of
- 12/2023
- EIN
- 94-6093385
Organization Overview
Crescent Porter Hale Foundation is located in San Francisco, CA. The organization was established in 1964. 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. Crescent Porter Hale 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, Crescent Porter Hale Foundation generated $8.0m 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 (17.1%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Crescent Porter Hale Foundation has awarded 379 individual grants totaling $26,952,000. 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 |
|---|---|---|---|
Loraine Stuart Director | 1 | $0 | |
Thomas J Mellon Jr Vice President | 1 | $0 | |
Gregory P Ryan President | 1 | $0 | |
Mary Romo Secretary | 1 | $0 | |
Alec Lee Director | 1 | $0 | |
Kirk Syme Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,262,607 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$387,277 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,089,379 |
| Total Revenue | $7,964,709 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $535,117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,642 |
| Printing and publications | $0 |
| Other expenses | $63,162 |
| Total operating and administrative expenses | $1,779,430 |
| Contributions, gifts, grants paid | $4,609,480 |
| Total expenses and disbursements | $6,388,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,695,181 |
| Savings and temporary cash investments | $1,904,650 |
| Net Accounts receivable | $1,112,892 |
| 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 | $41,376 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $42,594,986 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $155,826 |
| Total assets | $117,606,386 |
| Accounts payable and accrued expenses | $123,132 |
| Grants payable | $1,474,837 |
| Deferred revenue | $639,170 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $372,976 |
| Total liabilities | $2,610,115 |
Grants Awarded
Over the last fiscal year, Crescent Porter Hale Foundation has awarded $6,445,000 in support to 89 organizations.
| Grant Recipient | Amount |
|---|---|
42ND STREET MOON PURPOSE: COMMUNITY SERVICES | $1,000 |
10000 DEGREES PURPOSE: MIDDLE SCHOOL YOUTH | $150,000 |
826 VALENCIA PURPOSE: MIDDLE SCHOOL YOUTH | $50,000 |
ALAMEDA CO COMMUNITY FOOD BANK PURPOSE: SAFETY NET | $200,000 |
AIM HIGH FOR HIGH SCHOOL PURPOSE: MIDDLE SCHOOL YOUTH | $150,000 |
ALLIANCE OF MISSION DISTRICT CATHOLIC SCHOOLS PURPOSE: K-8 SCHOLARSHIPS | $120,000 |