Form 990 for tax year 2024
Filed by CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION.
Totals
- Total revenue
- $365,791
- Total expenses
- $533,690
- Contributions and grants received
- $250,000
- Grants paid
- $0
- Program service revenue
- $115,788
- Investment income
- $3
- Other revenue
- $0
- Total assets, end of year
- $296,553
- Total liabilities, end of year
- $40,000
- Net assets or fund balances, end of year
- $256,553
- Program services expenses (Part IX)
- $530,212
- Management and general expenses
- $3,478
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $530,212
Program services were 99.3% 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.
-
1f · All other contributions, gifts and grants
$250,000
-
2a · Program service revenue: CONSULTING SERVICES
total $115,000 · related or exempt $115,000
-
2b · Program service revenue: SPEAKER FEE
total $788 · related or exempt $788
-
3 · Investment income
total $3 · excluded $3
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,175 · management and general $2,175
-
11g · Fees: other
total $514,664 · program services $514,664
-
13 · Office expenses
total $1,027 · program services $912 · management and general $115
-
17 · Travel
total $14,542 · program services $14,542
-
19 · Conferences, conventions and meetings
total $727 · management and general $727
-
24a · Other expenses: CREDIT CARD FEES
total $456 · management and general $456
-
24b · Other expenses: BANKING FEES
total $99 · program services $94 · management and general $5
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $394,272 · end of year $266,370
-
2 · Savings and temporary cash investments
beginning of year $30,180 · end of year $30,183
-
19 · Deferred revenue
end of year $40,000
-
27 · Net assets without donor restrictions
beginning of year $6,162 · end of year $57,224
-
28 · Net assets with donor restrictions
beginning of year $418,290 · end of year $199,329
Mission and programs · 2024
Mission
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICYMAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE; IMPARTIAL AND OBJECTIVE RESEARCH AND ANALYSIS OF PUBLIC POLICY ISSUES; EDUCATION AND OUTREACH EFFORTS IN SUPPORT OF RESEARCH AND PUBLIC POLICY FINDINGS AND RECOMMENDATIONS.
Activities or mission (Part I)
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICYMAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE.
-
TECHNOLOGY POLICY RESEARCH: RESEARCH AND ANALYSIS OF THE IMPACT OF ANTITRUST LEGISLATION ON THE DEVELOPMENT OF NEW TECHNOLOGIES SUCH AS ARTIFICIAL INTELLIGENCE.
Expenses $350,360
-
KAISER CAPITOL IMPACT: PROVIDE SUPPORT FOR THE IMPLEMENTATION OF THE PROMISE TO CAREER CONSTRUCTION SCHOLARSHIP PROGRAM AT LOS RIOS COMMUNITY COLLEGE DISTRICT, THE PREFERRED TALENT PROVIDER THAT SERVES THE HEALTH CARE CONSTRUCTION COLLABORATIVES PRIORITY POPULATIONS. THE SCHOLARSHIP HAS SUPPORTED MORE THAN 50 INDIVIDUALS SINCE ITS INCEPTION.
Expenses $111,250 · Revenue $115,000
-
DIGITAL JOURNALISM PROJECT: ANALYSIS OF THIS POLICY, ECONOMIC AND COMPETITIVENESS IMPLICATIONS OF PROPOSALS TO CONSTRAIN THE ABILITY OF TECHNOLOGY PLATFORMS TO DISTRIBUTE OR LINK TO JOURNALISM PRODUCED BY NEWS MEDIA BASED IN CALIFORNIA.
Expenses $68,602 · Revenue $788
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gregory BielliGREGORY BIELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Janet LiangJANET LIANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Maryam BrownMARYAM BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
John StowellJOHN STOWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Frank WashingtonFRANK WASHINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Fiona HuttonFIONA HUTTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Jennifer HaleyJENNIFER HALEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Kailesh KaravadraKAILESH KARAVADRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Seth OsterSETH OSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Donna LucasDONNA LUCAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Jennifer BarreraJENNIFER BARRERA
DIRECTOR
- Total calculated
- $1,019,944
- From this org
- $0
- From related orgs
- $945,858
- Other
- $74,086
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $695,220 related
- Bonus
- $0 + $250,638 related
- Other
- $0
- Deferred
- $0 + $27,600 related
- Nontaxable benefits
- $0 + $46,486 related
- Filer's total
- $0 + $1,019,944 related
-
Loren KayeLOREN KAYE
PRESIDENT
- Total calculated
- $421,004
- From this org
- $0
- From related orgs
- $342,186
- Other
- $78,818
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $309,773 related
- Bonus
- $0 + $32,413 related
- Other
- $0
- Deferred
- $0 + $27,600 related
- Nontaxable benefits
- $0 + $51,218 related
- Filer's total
- $0 + $421,004 related
-
Ana Gretel TortolaniANA GRETEL TORTOLANI
TREASURER
- Total calculated
- $450,916
- From this org
- $0
- From related orgs
- $415,312
- Other
- $35,604
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $394,912 related
- Bonus
- $0 + $20,400 related
- Other
- $0
- Deferred
- $0 + $24,193 related
- Nontaxable benefits
- $0 + $11,411 related
- Filer's total
- $0 + $450,916 related
-
Nicole WasylkiwNICOLE WASYLKIW
SECRETARY
- Total calculated
- $277,839
- From this org
- $0
- From related orgs
- $226,122
- Other
- $51,717
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $206,122 related
- Bonus
- $0 + $20,000 related
- Other
- $0
- Deferred
- $0 + $19,954 related
- Nontaxable benefits
- $0 + $31,763 related
- Filer's total
- $0 + $277,839 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 4A
- ANA GRETEL TORTOLANI RECEIVED $113,333 IN SEVERANCE AS PART OF HER 2024 CALENDAR YEAR GROSS WAGES FROM RELATED ORGANIZATION CALIFORNIA CHAMBER OF COMMERCE.
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
No itemized grants to organizations on this return.
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 CHAMBER OF COMMERCE
501(C)(6) · LEGISLATIVE LOBBYING · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523149349303327
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