The Fuller Foundation
- Assets
- $257.9m
- Revenue
- $19.1m
- Investments
- $227.1m
- Employees
- 29
- Location
- Pasadena, CA
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 95-4124436
Organization Overview
The Fuller Foundation is located in Pasadena, CA. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Fuller Foundation employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fuller 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 12/2021, Fuller Foundation generated $19.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $21.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Fuller Foundation has awarded 509 individual grants totaling $58,576,235. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTHE FULLER FOUNDATION (THE "FOUNDATION") SERVES FULLER THEOLOGICAL SEMINARY (THE "SEMINARY") AND ITS CONSTITUENTS THROUGH STEWARDSHIP, GIFT AND ESTATE PLANNING, CHARITABLE GIVING AND INVESTMENT MANAGEMENT SERVICES. THE FOUNDATION DOES THIS BY MANAGING THE SEMINARY'S ENDOWMENT AND PROVIDING DEVELOPMENT AND ALUMNI RELATIONS SERVICES, AS WELL AS PROVIDING TRUST ADMINISTRATION, DONOR-ADVISED FUNDS, AND INVESTMENT MANAGEMENT SERVICES FOR GENEROUS FRIENDS OF THE SEMINARY.
Describe the Organization's Program Activity:
SEE SCHEDULE OTHE SERVICES OF THE FULLER FOUNDATION BENEFIT AND CARRY OUT THE CHARITABLE PURPOSES OF CHRISTIAN BASED AND OTHER CHARITABLE ORGANIZATIONS. THIS INCLUDES DIRECT SUPPORT OF FULLER THEOLOGICAL SEMINARY, OTHER CHRISTIAN BASED ORGANIZATIONS, OTHER CHARITABLE ORGANIZATIONS, AND VARIOUS DESIGNATED, RESTRICTED, OR ENDOWMENT FUNDS. THE FOUNDATION FULFILLS ITS PURPOSES THROUGH THE ADMINISTRATION AND MANAGEMENT OF FULLER THEOLOGICAL SEMINARY'S FUNDRAISING, ALUMNI RELATIONS ACTIVITIES, AND MANAGEMENT OF CERTAIN ENDOWMENT FUNDS DESIGNATED TO SUPPORT FULLER THEOLOGICAL SEMINARY. ADDITIONALLY, THE FOUNDATION MANAGES CHARITABLE TRUSTS, CHARITABLE FUNDS, DONOR ADVISED FUNDS, AND GIFT ANNUITY TYPE ACCOUNTS. PROGRAM RELATED DISTRIBUTIONS INCLUDE GIFTS AND GRANTS TO THE SEMINARY AND A BROAD BASE OF CHARITABLE ORGANIZATIONS, INCLUDING GIFTS FROM DONOR ADVISED FUNDS. GIFTS AND GRANTS ARE PREDOMINATELY TO U.S. BASED IRS DETERMINED 501(C)(3) CHARITIES. SELECT GRANTS AND GIFTS ARE MADE TO FOREIGN ORGANIZATIONS THAT HAVE BEEN DETERMINED TO BE ORGANIZED FOR EXCLUSIVELY CHARITABLE PURPOSES. OTHER ACTIVITIES INCLUDE PROVIDING TRUST FIDUCIARY SERVICES TO OTHER CHARITABLE ORGANIZATIONS WITH A CHRISTIAN MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Assink Executive Director (through 6/2021) | OfficerTrustee | 40 | $234,651 |
Dasha Thomas Sr. Director Of Gift Planning | Officer | 40 | $186,884 |
John Kamperschroer Sr. Director Of Development | Officer | 40 | $165,206 |
Lily Chia Tsau Sr. Director Of Alumni Relations | 40 | $130,618 | |
Daniel Cooper Executive Director (effective 6/2021) | OfficerTrustee | 14 | $106,976 |
Brian Rietze CFO (effective 6/2021) | Officer | 20 | $77,995 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kairos Partners Llc It Services | 12/30/21 | $187,637 |
Rvk Inc Investment Consulting Services | 12/30/21 | $112,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,358,789 |
| Noncash contributions included in lines 1a–1f | $991,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,358,789 |
| Total Program Service Revenue | $5,056,814 |
| Investment income | $351,364 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,878,854 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,125,152 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,970,244 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,200,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,049,686 |
| Compensation of current officers, directors, key employees. | $106,054 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,631,104 |
| Pension plan accruals and contributions | $135,935 |
| Other employee benefits | $259,374 |
| Payroll taxes | $173,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,594 |
| Fees for services: Accounting | $79,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $346,008 |
| Fees for services: Other | $115,667 |
| Advertising and promotion | $51,160 |
| Office expenses | $68,977 |
| Information technology | $240,033 |
| Royalties | $0 |
| Occupancy | $137,633 |
| Travel | $36,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,524 |
| Interest | $27,687 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,546 |
| Insurance | $9,935 |
| All other expenses | $93,197 |
| Total functional expenses | $21,814,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,357,096 |
| Savings and temporary cash investments | $106,436 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $282,502 |
| Loans from Officers, Directors, or Controlling Persons | $350,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $86,275 |
| Net Land, buildings, and equipment | $73,461 |
| Investments—publicly traded securities | $27,001,946 |
| Investments—other securities | $227,114,709 |
| Investments—program-related | $500,675 |
| Intangible assets | $0 |
| Other assets | $68,150 |
| Total assets | $257,941,250 |
| Accounts payable and accrued expenses | $328,189 |
| Grants payable | $0 |
| Deferred revenue | $200,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $164,673,252 |
| Total liabilities | $165,201,441 |
| Net assets without donor restrictions | $29,637,570 |
| Net assets with donor restrictions | $63,102,239 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $257,941,250 |
Grants Awarded
Over the last fiscal year, The Fuller Foundation has awarded $6,625,787 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
Pasadena, CA PURPOSE: GENERAL SUPPORT | $4,725,859 |
Scottsdale, AZ PURPOSE: GENERAL SUPPORT | $300,600 |
Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $295,400 |
Lansdowne, VA PURPOSE: GENERAL SUPPORT | $100,000 |
Fresno, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Monrovia, CA PURPOSE: GENERAL SUPPORT | $68,750 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Fuller Foundation has recieved totaling $11,039,500.
| Awarding Organization | Amount |
|---|---|
The Grace And Mercy Foundation Inc New York, NY PURPOSE: COMMUNITY | $11,000,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $14,500 |
Endowment Analysis
| Beg. Balance | $40,899,600 |
| Earnings | $3,602,430 |
| Admin Expense | $12,666 |
| Net Contributions | $163,758 |
| Grants | $1,752,980 |
| Ending Balance | $42,900,142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kataly Foundation San Francisco, CA | $408,915,933 | $67,773,441 |
The Skoll Fund Mountain View, CA | $894,684,857 | $96,699,445 |
Campus Facilities Improvement Association San Francisco, CA | $426,351,134 | $28,084,367 |
The Fuller Foundation Pasadena, CA | $257,941,250 | $19,125,152 |
Visionfund International Monrovia, CA | $247,513,230 | $28,379,048 |
Ocf Joseph E Weston Public Foundation Portland, OR | $550,802,794 | $13,792,655 |
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |