The California Endowment
- Assets
- $3.4b
- Revenue
- $281.0m
- Investments
- $3.2b
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/1996
- Data as of
- 03/2020
- EIN
- 95-4523232
Organization Overview
The California Endowment is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 03/2020, California Endowment generated $281.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $203.3m during the year ending 03/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, California Endowment has awarded 16,713 individual grants totaling $1,764,994,631. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE PAGES 33-36 (SUMMARY OF ALL DIRECT CHARITABLE ACTIVITIES)
SEE PAGES 33-36 (SUMMARY OF ALL DIRECT CHARITABLE ACTIVITIES)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Wernig Chief Investment Officer | 40 | $923,689 | |
Robert K Ross President & CEO | 40 | $831,277 | |
David Greenberg Dpty Chief Inv. Off. | 40 | $589,616 | |
Dana Rosenberg Dpty Chief Inv. Off. | 40 | $537,474 | |
Martha Jimenez Executive VP & Legal Counsel | 40 | $462,505 | |
Dan Deleon Vice President & CFO | 40 | $415,212 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Generation Investment Management Us Llp | 3/30/20 | $2,310,899 |
M Entertainment | 3/30/20 | $2,381,371 |
The Rios Company | 3/30/20 | $2,080,853 |
Ark Marketing And Media Solutions Inc | 3/30/20 | $976,691 |
Eagle Capital Management Llc | 3/30/20 | $849,840 |
Generation Investment Management Us Llp | 3/30/20 | $2,310,899 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,111,014 |
| Net Rental Income | $554,043 |
| Net Gain on Sale of Assets | $223,068,945 |
| Capital Gain Net Income | $200,518,831 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41,783,742 |
| Total Revenue | $280,955,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,361,098 |
| Other employee salaries and wages | $16,927,920 |
| Pension plans, employee benefits | $6,874,886 |
| Interest | $99,950 |
| Taxes | $4,597,110 |
| Depreciation | $2,832,669 |
| Occupancy | $2,421,153 |
| Travel, conferences, and meetings | $726,182 |
| Printing and publications | $763 |
| Other expenses | $21,534,879 |
| Total operating and administrative expenses | $66,363,247 |
| Contributions, gifts, grants paid | $136,974,294 |
| Total expenses and disbursements | $203,337,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,234,777 |
| 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 | $280,568 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,899,429,963 |
| Net Land, buildings, and equipment | $82,917,147 |
| Other assets | $74,051,482 |
| Total assets | $3,446,801,045 |
| Accounts payable and accrued expenses | $8,194,996 |
| Grants payable | $76,909,410 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $31,176,013 |
| Total liabilities | $116,280,419 |
Grants Awarded
Over the last fiscal year, The California Endowment has awarded $472,744,994 in support to 3,500 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES PURPOSE: SUPPORTING IMPLEMENTATION OF THE MEDI-CAL HEALTH HOMES PILOT PROJECT: TO SUPPORT THE PROVISION OF DIRECT HEALTH CARE SERVICES OFFERED THROUGH CALIFORNIA MANAGED CARE PLANS TO MEDI-CAL HEALTH HOMES PROGRAM ENROLLEES WITH CHRONIC CONDITIONS. | $9,782,434 |
CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES PURPOSE: SUPPORTING IMPLEMENTATION OF THE MEDI-CAL HEALTH HOMES PILOT PROJECT: TO SUPPORT THE PROVISION OF DIRECT HEALTH CARE SERVICES OFFERED THROUGH CALIFORNIA MANAGED CARE PLANS TO MEDI-CAL HEALTH HOMES PROGRAM ENROLLEES WITH CHRONIC CONDITIONS. | $9,782,434 |
CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES PURPOSE: SUPPORTING IMPLEMENTATION OF THE MEDI-CAL HEALTH HOMES PILOT PROJECT: TO SUPPORT THE PROVISION OF DIRECT HEALTH CARE SERVICES OFFERED THROUGH CALIFORNIA MANAGED CARE PLANS TO MEDI-CAL HEALTH HOMES PROGRAM ENROLLEES WITH CHRONIC CONDITIONS. | $9,552,444 |
CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES PURPOSE: SUPPORTING IMPLEMENTATION OF THE MEDI-CAL HEALTH HOMES PILOT PROJECT: TO SUPPORT THE PROVISION OF DIRECT HEALTH CARE SERVICES OFFERED THROUGH CALIFORNIA MANAGED CARE PLANS TO MEDI-CAL HEALTH HOMES PROGRAM ENROLLEES WITH CHRONIC CONDITIONS. | $9,552,444 |
CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES PURPOSE: SUPPORTING IMPLEMENTATION OF THE MEDI-CAL HEALTH HOMES PILOT PROJECT: TO SUPPORT THE PROVISION OF DIRECT HEALTH CARE SERVICES OFFERED THROUGH CALIFORNIA MANAGED CARE PLANS TO MEDI-CAL HEALTH HOMES PROGRAM ENROLLEES WITH CHRONIC CONDITIONS. | $9,420,513 |
CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES PURPOSE: SUPPORTING IMPLEMENTATION OF THE MEDI-CAL HEALTH HOMES PILOT PROJECT: TO SUPPORT THE PROVISION OF DIRECT HEALTH CARE SERVICES OFFERED THROUGH CALIFORNIA MANAGED CARE PLANS TO MEDI-CAL HEALTH HOMES PROGRAM ENROLLEES WITH CHRONIC CONDITIONS. | $9,420,513 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The California Endowment has recieved totaling $187,704.
| Awarding Organization | Amount |
|---|---|
Neo Philanthropy Inc New York, NY PURPOSE: Program Grant | $110,864 |
Asian Americans Advancing Justice Los Angeles Los Angeles, CA PURPOSE: PROVIDE ASSISTANCE TO INDIVIDUALS IN THE AREAS OF HEALTH CARE, IMMIGRATION, PUBLIC BENEFITS, EMPLOYMENT, HOUSING AND CIVIL RIGHTS. | $76,840 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The California Endowment Los Angeles, CA | $3,446,801,045 | $280,955,609 |
Conrad N Hilton Foundation Agoura Hills, CA | $4,101,713,350 | $963,893,294 |
Good Ventures Foundation Palo Alto, CA | $3,336,254,185 | $1,237,792,121 |
Sergey Brin Family Foundation San Francisco, CA | $0 | $196,006,742 |
James Irvine Foundation San Francisco, CA | $2,606,961,983 | $106,811,064 |
Columbia Lutheran Charities Astoria, OR | $179,724,242 | $148,283,851 |
Tosa Foundation Portola Valley, CA | $602,851,213 | $74,662,846 |
Scully Memorial Foundation Mill Valley, CA | $0 | $177,202,304 |
Broad Foundation Los Angeles, CA | $1,846,960,427 | $168,915,423 |
Engelstad Fam Foundation Las Vegas, NV | $799,432,969 | $59,109,744 |
S D Bechtel Jr Foundation San Francisco, CA | $67,419,693 | $6,476,129 |
Henry J Kaiser Family Foundation San Francisco, CA | $735,632,115 | $53,799,622 |