Form 990 for tax year 2024
Filed by CCF COMMUNITY INITIATIVES FUND.
Totals
- Total revenue
- $17,572,787
- Total expenses
- $15,414,878
- Contributions and grants received
- $15,647,979
- Grants paid
- $10,755,501
- Program service revenue
- $0
- Investment income
- $1,924,808
- Other revenue
- $0
- Total assets, end of year
- $55,534,698
- Total liabilities, end of year
- $5,112,500
- Net assets or fund balances, end of year
- $50,422,198
- Program services expenses (Part IX)
- $13,492,323
- Management and general expenses
- $827,703
- Fundraising expenses
- $1,094,852
- Program service expenses (Part III)
- $13,492,323
Program services were 87.5% 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.
-
1d · Related organizations
$3,565,959
-
1f · All other contributions, gifts and grants
$12,082,020
-
3 · Investment income
total $1,144,245 · excluded $1,144,245
-
7a · Gross sales of assets other than inventory
securities $780,563
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $780,563
-
7d · Net gain or loss
total $780,563 · excluded $780,563
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,368,304 · program services $10,368,304
-
2 · Grants to domestic individuals
total $387,197 · program services $387,197
-
11a · Fees: management
total $724,020 · management and general $724,020
-
11e · Fees: professional fundraising services
total $1,094,852 · fundraising $1,094,852
-
11f · Fees: investment management
total $98,160 · management and general $98,160
-
17 · Travel
total $4,725 · program services $4,725
-
19 · Conferences, conventions and meetings
total $51,180 · program services $51,180
-
24a · Other expenses: PROFESSIONAL SERVICES
total $2,459,866 · program services $2,459,866
-
24b · Other expenses: ADMINISTRATIVE FEES
total $221,051 · program services $221,051
-
24c · Other expenses: BANK FEES
total $3,323 · management and general $3,323
-
24d · Other expenses: MEMBERSHIP DUES
total $2,200 · management and general $2,200
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $28,617,540 · end of year $29,895,297
-
3 · Pledges and grants receivable
beginning of year $3,082,000 · end of year $2,182,000
-
7 · Other notes and loans receivable
end of year $5,000,000
-
12 · Investments: other securities
beginning of year $15,277,529 · end of year $18,457,401
-
18 · Grants payable
beginning of year $22,000 · end of year $112,500
-
23 · Secured mortgages and notes payable
end of year $5,000,000
-
25 · Other liabilities
beginning of year $4,649 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $46,950,420 · end of year $50,422,198
Mission and programs · 2024
Mission
SUPPORTING ORGANIZATION OF CALIFORNIA COMMUNITY FOUNDATION. CHARITABLE GRANT MAKING.
Activities or mission (Part I)
SUPPORTING ORGANIZATION TO CALIFORNIA COMMUNITY FOUNDATION.
-
THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES. IT ADMINISTERS CONTRIBUTIONS RECEIVED AND DISTRIBUTES GRANTS TO NON-PROFIT 501(C)(3) ORGANIZATIONS AND OTHER CHARITABLE DISBURSEMENTS.
Expenses $13,492,323 · Grants $10,755,501
As filed on the 2024 return.
Listed in Part VII
-
CAROL BRADFORD
BOARD CHAIR
- Total calculated
- $380,740
- From this org
- $0
- From related orgs
- $312,954
- Other
- $67,786
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $312,954 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $31,772 related
- Nontaxable benefits
- $0 + $36,014 related
- Filer's total
- $0 + $380,740 related
-
SUMMER MOORE
BOARD SECRETARY
- Total calculated
- $261,901
- From this org
- $0
- From related orgs
- $237,459
- Other
- $24,442
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $237,459 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $23,972 related
- Nontaxable benefits
- $0 + $470 related
- Filer's total
- $0 + $261,901 related
-
AGNES LUANSING
BOARD TREASURER
- Total calculated
- $282,126
- From this org
- $0
- From related orgs
- $234,812
- Other
- $47,314
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $234,812 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $23,312 related
- Nontaxable benefits
- $0 + $24,002 related
- Filer's total
- $0 + $282,126 related
-
KEVIN PANGILINAN
BOARD MEMBER
- Total calculated
- $130,593
- From this org
- $0
- From related orgs
- $109,082
- Other
- $21,511
- Hours/week
- 0.5 + 40 related
-
PRINCE ADDO
BOARD MEMBER
- Total calculated
- $131,526
- From this org
- $0
- From related orgs
- $110,839
- Other
- $20,687
- Hours/week
- 0.5 + 40 related
-
ESTEVAN HINOJOSA
BOARD MEMBER
- Total calculated
- $126,517
- From this org
- $0
- From related orgs
- $105,287
- Other
- $21,230
- Hours/week
- 0.5 + 40 related
-
STEVEN COBB
OFFICER
- Total calculated
- $472,200
- From this org
- $0
- From related orgs
- $405,523
- Other
- $66,677
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $405,523 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $34,500 related
- Nontaxable benefits
- $0 + $32,177 related
- Filer's total
- $0 + $472,200 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
None.
Answered no
- 4a · Severance or change-of-control payment
- 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
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
-
LOS ANGELES UNIFIED SCHOOL DISTRICT
$1,233,114
EDUCATION
-
$1,200,000
HOUSING
-
CALIFORNIA BLACK POWER NETWORK
$1,026,400
CIVIC ENGAGEMENT AND RACIAL JUSTICE
-
SOUTHERN CALIFORNIA GRANTMAKERS
$1,025,000
PHILANTHROPIC ACTIVITY, RACIAL JUSTICE
-
$925,000
EDUCATION AND HEALTH
-
5365 CRENSHAW OWNER LLC
$350,000
HOUSING
-
SILICON VALLEY COMMUNITY FOUNDATION
$325,000
RACIAL JUSTICE
-
ARTS
-
$300,000
HOUSING
-
$294,753
EDUCATION AND CIVIC ENGAGEMENT
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.
-
CALIFORNIA COMMUNITY FOUNDATION
501(C)(3) · CHARITABLE · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503169349307920
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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