Form 990 for tax year 2023
Filed by CCF-LA SUPPORTING ORGANIZATION.
Totals
- Total revenue
- $11,542,605
- Total expenses
- $48,070,981
- Contributions and grants received
- $0
- Grants paid
- $45,430,417
- Program service revenue
- $0
- Investment income
- $11,542,605
- Other revenue
- $0
- Total assets, end of year
- $282,733,446
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $282,733,446
- Program services expenses (Part IX)
- $45,659,417
- Management and general expenses
- $2,411,564
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $45,659,417
Program services were 95.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $10,176,589 · unrelated business $363,760 · excluded $9,812,829
-
7a · Gross sales of assets other than inventory
securities $99,363,206
-
7b · Less cost or other basis and sales expenses
securities $97,997,190
-
7c · Gain or loss
securities $1,366,016
-
7d · Net gain or loss
total $1,366,016 · excluded $1,366,016
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $45,430,417 · program services $45,430,417
-
11a · Fees: management
total $1,193,017 · management and general $1,193,017
-
11f · Fees: investment management
total $269,697 · management and general $269,697
-
11g · Fees: other
total $229,000 · program services $229,000
-
13 · Office expenses
total $80 · management and general $80
-
24a · Other expenses: TAXES & LICENSES
total $948,770 · management and general $948,770
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $23,916,758 · end of year $5,419,706
-
11 · Investments: publicly traded securities
beginning of year $88,053,777 · end of year $96,678,461
-
12 · Investments: other securities
beginning of year $181,071,075 · end of year $180,635,279
-
27 · Net assets without donor restrictions
beginning of year $293,041,610 · end of year $282,733,446
Mission and programs · 2023
Mission
DONOR ADVISED FUND GRANTING TO CHARITIES SUPPORTING CATHOLIC VALUES.
Activities or mission (Part I)
DONOR ADVISED FUND GRANTING TO CHARITIES WITH CATHOLIC VALUES.
-
EDUCATION:GRANTS ARE MADE PRIMARILY TO SUPPORT CATHOLIC INNER CITY SCHOOL FACILITY IMPROVEMENTS, SCHOLARSHIP PROGRAMS, TEACHER COMPENSATION, AND OTHER GRANTS TO SUPPORT PRIVATE CATHOLIC SCHOOLS AND HIGHER EDUCATION.
Expenses $45,323,630 · Grants $45,094,630
-
PARISHES:GRANTS MADE IN SUPPORT OF CATHOLIC PARISHES, SEMINARIES, AND OTHER RELIGIOUS CAUSES.
Expenses $313,787 · Grants $313,787
-
SOCIAL SERVICES:GRANTS ARE MADE TO SUPPORT ORGANIZATIONS, RELIGIOUS ORDERS, HEALTHCARE, CAPITAL CAMPAIGNS, MUSIC AND ART PROGRAMS.
Expenses $22,000 · Grants $22,000
As filed on the 2023 return.
Listed in Part VII
-
Kathleen AndersonKATHLEEN ANDERSON
PRESIDENT AND EXECUTIVE DIRECTOR
- Total calculated
- $316,239
- From this org
- $0
- From related orgs
- $313,740
- Other
- $2,499
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $313,740 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $2,499 related
- Filer's total
- $0 + $316,239 related
-
Andrew O'BoyleANDREW O'BOYLE
CFO AND TREASURER (THRU 10/23)
- Total calculated
- $291,031
- From this org
- $0
- From related orgs
- $270,634
- Other
- $20,397
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $250,237 related
- Bonus
- $0
- Other
- $0 + $20,397 related
- Deferred
- $0 + $9,153 related
- Nontaxable benefits
- $0 + $11,244 related
- Filer's total
- $0 + $291,031 related
-
Timothy Matthew Hansen - Sr DirTIMOTHY MATTHEW HANSEN - SR DIR
OF OPER & CORP SEC (THRU 10/23)
- Total calculated
- $250,333
- From this org
- $0
- From related orgs
- $229,999
- Other
- $20,334
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $208,124 related
- Bonus
- $0
- Other
- $0 + $21,875 related
- Deferred
- $0 + $9,801 related
- Nontaxable benefits
- $0 + $10,533 related
- Filer's total
- $0 + $250,333 related
-
Armando NevarezARMANDO NEVAREZ
CONTROLLER & TREASURER
- Total calculated
- $197,626
- From this org
- $0
- From related orgs
- $184,443
- Other
- $13,183
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $184,443 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $5,667 related
- Nontaxable benefits
- $0 + $7,516 related
- Filer's total
- $0 + $197,626 related
-
Tania Naaman - Director OfTANIA NAAMAN - DIRECTOR OF
CLIENT SERVICES AND CORP SECRETARY
- Total calculated
- $164,046
- From this org
- $0
- From related orgs
- $151,468
- Other
- $12,578
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $151,468 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $2,455 related
- Nontaxable benefits
- $0 + $10,123 related
- Filer's total
- $0 + $164,046 related
-
Jimmy OzaetaJIMMY OZAETA
VP AND ASSISTANT TREASURER
- Total calculated
- $140,010
- From this org
- $0
- From related orgs
- $133,015
- Other
- $6,995
- Hours/week
- 10 + 30 related
-
Margaret Byrne - Head Of DevMARGARET BYRNE - HEAD OF DEV
& ASST TREASURER (THRU 02/23)
- Total calculated
- $55,606
- From this org
- $0
- From related orgs
- $43,407
- Other
- $12,199
- Hours/week
- 10 + 30 related
-
William WardlawWILLIAM WARDLAW
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Louis CastruccioLOUIS CASTRUCCIO
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Edward RoohanEDWARD ROOHAN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Father Jim AnguianoFATHER JIM ANGUIANO
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Kevin BenderKEVIN BENDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Robert BoadaROBERT BOADA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Msgr Jarlath CunnaneMSGR JARLATH CUNNANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.25 related
-
David DevitoDAVID DEVITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Bishop Matthew ElshoffBISHOP MATTHEW ELSHOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.75 + 0.75 related
-
Archbishop Jose GomezARCHBISHOP JOSE GOMEZ
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
John McNameeJOHN MCNAMEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John MorrisseyJOHN MORRISSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Father Brian NunesFATHER BRIAN NUNES
EX-OFFICIO (THRU 09/23)
- Total calculated
- $0
- Hours/week
- 0.25 + 0.25 related
-
Bishop David G O'ConnellBISHOP DAVID G O'CONNELL
DIRECTOR (THRU 02/23)
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Delia RogesDELIA ROGES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.25 related
-
Raul SalinasRAUL SALINAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
John SmetJOHN SMET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.25 related
-
Randolph SteinerRANDOLPH STEINER
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.25 + 0.25 related
-
Carrie Shea TiltonCARRIE SHEA TILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE ORGANIZATION'S OFFICERS ARE COMPENSATED BY CATHOLIC COMMUNITY FOUNDATION OF LOS ANGELES, A RELATED ORGANIZATION. CATHOLIC COMMUNITY FOUNDATION OF LOS ANGELES UTILIZED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION OF CCF-LA SUPPORTING ORGANIZATION'S OFFICERS: FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND APPROVAL BY THE COMPENSATION COMMITTEE OR BOARD.
- PART I, LINE 4A
- TIMOTHY MATTHEW HANSEN RECEIVED A SEVERANCE PAYMENT OF $21,875, FOR WHICH THE ORGANIZATION ISSUED A 1099 DIRECTLY TO HIS BENEFICIARY. THIS AMOUNTS IS IN SCHEDULE J, PART II, COLUMN B(III). ANDREW O'BOYLE RECEIVED A SEVERANCE PAYMENT OF $20,397. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$24,049,897
SCHOOL IMPROVEMENTS, NEI: TUITION
-
$5,623,751
INTER-CITY SCHOOL IMPROVEMENTS
-
$2,639,632
SCHOOL IMPROVEMENTS
-
ARCHDIOCESE OF GALVESTON-HOUSTON
$2,443,602
SCHOOL PROJECTS, FACILTY & SCHOOL IMPROVEMENTS
-
$2,033,428
SCHOOL IMPROVEMENTS, TUITION, SCHOOL BUILDING PROJECTS
-
ROMAN CATHOLIC DIOCESE OF CHARLOTTE
$1,512,997
SCHOOL IMPROVEMENTS
-
$1,144,877
SCHOOL IMPROVEMENTS
-
$983,944
SCHOOL IMPROVEMENTS
-
ROMAN CATHOLIC DIOCESE OF ORANGE
$801,739
SCHOOL IMPROVEMENTS
-
$742,219
SCHOOL IMPROVEMENTS
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CATHOLIC COMMUNITY FOUNDATION OF LOS ANGELES
501(C)(3) · GRANTMAKING · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423189349312252
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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