Commonwealth Foundation Inc is a 501(c)(3) organization based in Berkeley, California, registered in 1985, with $965,733 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$966K
▲ 28.2% vs prior year
Unknown median: $232K
Expenses (FY2024)
$923K
Net assets
$352K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Commonwealth Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Commonwealth Foundation Inc: 5 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Commonwealth Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Commonwealth Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $78K (FY2014) to $966K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$396K
Total liabilities
$44K
Net assets
$352K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $965,733▲28.2% | $923,431▲1.0% | $352,282▲13.6% | $396,088▲15.3% | 990 |
| 2023 | $753,540▼12.2% | $914,045▼1.3% | $309,980▼26.3% | $343,555▼27.1% | 990 |
| 2022 | $858,134▼41.3% | $925,887▼33.9% | $420,485▼13.9% | $471,285▼3.7% | 990 |
| 2021 | $1,461,130▼40.7% | $1,400,052▼34.6% | $488,237▲14.3% | $489,537▲14.3% | 990 |
| 2020 | $2,463,339▲674% | $2,139,354▲310% | $427,159▲314% | $428,459▲310% | 990 |
| 2019 | $318,317▼55.7% | $521,631▼15.6% | $103,173▼66.3% | $104,473▼66.0% | 990 |
| 2018 | $717,916▲17.0% | $618,187▲32.6% | $305,961▲48.4% | $307,111▲48.6% | 990 |
| 2017 | $613,700▲39.8% | $466,158▲14.2% | $206,232▲251% | $206,732▲249% | 990 |
| 2016 | $439,000▲290% | $408,120▲218% | $58,690▲111% | $59,190▲109% | 990 |
| 2015 | $112,567▲43.9% | $128,332▲45.9% | $27,810▼36.2% | $28,310▼35.0% | 990EZ |
| 2014 | $78,249 | $87,951▼61.3% | $43,575▼67.9% | $43,575▼69.2% | 990EZ |
| 2011 | — | $227,193▲10.3% | $135,650▲39.7% | $141,403▲36.7% | 990 |
| 2010 | — | $206,047 | $97,091 | $103,474 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
48 grants to Commonwealth Foundation Inc totaling $2.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Borealis Philanthropy | To support the work of organizing upgrade | 2024 | $100,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2024 | $25,250 |
| Greater Kansas City Community Foundation | Public, societal benefit | 2024 | $15,000 |
| Borealis Philanthropy | To support the work of convergence magazine | 2023 | $50,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $38,000 |
| Amalgamated Charitable Foundation Inc | Project support | 2023 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $13,500 |
| Cleveland Foundation | In support of popular comms institute | 2023 | $10,000 |
| Tides Foundation | Healthy individuals and communities | 2023 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $7,500 |
| Tides Foundation | Healthy individuals and communities | 2022 | $130,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $130,000 |
| East Bay Community Foundation | Regen program for youth, taking political decision-making back from corporations and putting power in the hands of the people, currently led by richmond progressive alliance | 2022 | $77,975 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $52,500 |
| New World Foundation | General support | 2022 | $30,000 |
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Data for Commonwealth Foundation Inc (EIN 22-2543558) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.