Form 990 for tax year 2024
Filed by CHRISTIAN FOUNDATION OF AMERICA.
Totals
- Total revenue
- $7,288,332
- Total expenses
- $4,977,138
- Contributions and grants received
- $6,048,502
- Grants paid
- $4,352,334
- Program service revenue
- $282,206
- Investment income
- $957,624
- Other revenue
- $0
- Total assets, end of year
- $37,967,793
- Total liabilities, end of year
- $22,388,117
- Net assets or fund balances, end of year
- $15,579,676
- Program services expenses (Part IX)
- $4,789,536
- Management and general expenses
- $167,553
- Fundraising expenses
- $20,049
- Program service expenses (Part III)
- $4,789,536
Program services were 96.2% 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
$6,048,502
-
1g · Noncash contributions included above
$2,495,165
-
2a · Program service revenue: CFA Grant Banquet
total $16,700 · related or exempt $16,700
-
2b · Program service revenue: Cost Recovery fees
total $265,506 · related or exempt $265,506
-
3 · Investment income
total $629,428 · excluded $629,428
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,838,866
-
7b · Less cost or other basis and sales expenses
securities $1,510,670
-
7c · Gain or loss
securities $328,196
-
7d · Net gain or loss
total $328,196 · excluded $328,196
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,352,334 · program services $4,352,334
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $219,107 · program services $193,815 · management and general $19,657 · fundraising $5,635
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $118,218 · program services $98,205 · management and general $8,761 · fundraising $11,252
-
8 · Pension plan contributions
total $500 · program services $500
-
9 · Other employee benefits
total $6,264 · program services $5,324 · management and general $438 · fundraising $502
-
10 · Payroll taxes
total $27,139 · program services $23,068 · management and general $1,900 · fundraising $2,171
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $39,952 · management and general $39,952
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $36,004 · management and general $36,004
-
11g · Fees: other
total $59,814 · program services $59,814
-
12 · Advertising and promotion
total $13,351 · program services $13,351
-
13 · Office expenses
total $10,770 · program services $9,624 · management and general $710 · fundraising $436
-
14 · Information technology
total $22,492 · management and general $22,492
-
15 · Royalties
total $0
-
16 · Occupancy
total $43,754 · program services $21,877 · management and general $21,877
-
17 · Travel
total $5,636 · management and general $5,636
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,463 · management and general $3,463
-
23 · Insurance
total $5,987 · program services $1,529 · management and general $4,458
-
24a · Other expenses: Center Mission Effectiveness
total $9,168 · program services $9,168
-
24b · Other expenses: Bank Charges
total $1,591 · management and general $1,591
-
24c · Other expenses: Operating Progaram Expenses
total $1,066 · program services $927 · management and general $86 · fundraising $53
-
24d · Other expenses: board of directors expense
total $518 · management and general $518
-
24e · All other expenses
total $10 · management and general $10
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,289 · end of year $84,845
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $70,698 · end of year $76,475
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$24,219
-
10b · Land, buildings and equipment: accumulated depreciation
$17,464
-
10c · Land, buildings and equipment, net
beginning of year $8,791 · end of year $6,755
-
11 · Investments: publicly traded securities
beginning of year $28,395,083 · end of year $34,738,102
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,842,859 · end of year $3,061,616
-
17 · Accounts payable and accrued expenses
beginning of year $5,117 · end of year $9,328
-
25 · Other liabilities
beginning of year $18,249,920 · end of year $22,378,789
-
27 · Net assets without donor restrictions
beginning of year $464,776 · end of year $665,417
-
28 · Net assets with donor restrictions
beginning of year $12,600,907 · end of year $14,914,259
Mission and programs · 2024
Mission
Christian Foundation of America operates as a Christian community foundation by facilitating planned giving programs, allocating and administering funds received by the Foundation through planned giving, serving as a financial resource by providing grants and providing stewardship training and financial education.
Activities or mission (Part I)
Christian Foundation of America (formerly named Christian Foundation of the West; the Foundation) operates as a christian community foundation. services include planned giving programs, allocating and administering funds recieved by the foundation throug planned giving, serving as a financial resource by providing grants and other distributions to churches and charitites, and providing stewardship training and financial and charitable giving education.
-
Made grants to Churches, Christian and other charitable organizations, and provided information to encourage charitable giving.The Center for Mission Effectiveness (CME) was founded in 2021 to carry out one of the key mission objectives of Christian Foundation of America (CFA) developing capacity in order to equip the Christian community with the tools, resources, knowledge and best practices for stewardship and generous giving. 2024 "Inspiring Generosity" Grants ProgramAnnually, as a local community outreach project for L.A. and Ventura Counties, CA, Christian charitable organizations and churches may apply for small grants, with a celebration event held in the spring, accoring to formal grants guidelines and selection process announced in september of each year. Total grants awareded in 2024: $77,000GladVisors is a church based Stewardship education, outreach, and training program to equip volunteers to teach about biblically based financial stewardship, including charitable giving education. Activities include seminars, training, coaching and leadership development.
Expenses $4,789,536 · Grants $4,352,334 · Revenue $282,206
As filed on the 2024 return.
Listed in Part VII
-
Katherine L Saigeon
President/ED
- Total calculated
- $112,709
- From this org
- $112,709
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Marisela Rios
Vice President
- Total calculated
- $106,398
- From this org
- $106,398
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dr David Devries
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Brown
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
G Michael Livingston
Director
- Total calculated
- $0
- Hours/week
- 1
-
SusAnne L Chung
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Charles Schultz JD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Samuel Delcamp
Director
- Total calculated
- $0
- Hours/week
- 1
-
Samuel Gallucci
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anthony Barton
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Charles Hilliard
Director
- Total calculated
- $0
- Hours/week
- 1
-
Randall P Sanada
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Heather Hippensteel
Director
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$600,000
General Fund
-
$518,149
General Fund
-
$400,000
General Fund
-
$200,000
General Fund
-
$100,000
General Fund
-
$68,047
General Fund
-
$66,800
General Fund
-
$60,000
General Fund
-
$55,000
General Fund
-
$50,000
general fund
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349311744
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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