Edward Charles Foundation
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
Edward Charles Foundation is a 501(c)(3) organization based in Beverly Hills, California, registered in 2009, with $67,600,579 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
269 S Beverly Dr Ste 338, Beverly Hills, CA, 90212 EIN 26-4245043 Since 2009
Revenue (FY2024)
$67.6M
▲ 1.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$59.3M
Net assets
$54.6M
Employees
45
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating94% to programs · $0 to raise $100
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. For Edward Charles Foundation: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +12% margin
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 Edward Charles Foundation: 11 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Edward Charles Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Edward Charles Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
We act as a fiscal sponsor of charitable projects, funds and charitable events to advance worthwhile causes and to assist solving some of the world's biggest problems.
What they do
Working nation provides education to the public on workforce development as well as attempting to alleviate the burdens of the distressed employees.
Cosmos institute is an educational project advancing an research think tank, provide grants, working with the university of oxford all relating to devoting ethics with artificial intelligence.
Served as fiscal sponsor for other organizations to perform charitable purposes.
Contact & location
- Address
- 269 S Beverly Dr Ste 338, Beverly Hills, CA, 90212
- City
- Beverly Hills
- State
- California
- Category
- Human Services
- Subcategory
- Human Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $186K (FY2009) to $67.6M (FY2024) across 14 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.9MNet assets $54.6M
Operating margin
12.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$63.5M
Total liabilities
$8.9M
Net assets
$54.6M
Salaries & benefits
$5.0M
8% of expenses
Board members
3
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $67,600,579▲1.6% | $59,279,182▲13.3% | $54,615,803▲22.1% | $63,484,720▲22.8% | 990 |
| 2023 | $66,506,474▲66.8% | $52,303,147▲101% | $44,725,729▲31.1% | $51,692,237▲44.2% | 990 |
| 2022 | $39,861,685▼3.6% | $26,012,334▼52.6% | $34,119,018▲61.5% | $35,857,794▲61.8% | 990 |
| 2021 | $41,333,882▼19.9% | $54,883,321▲161% | $21,120,571▼41.4% | $22,160,900▼40.3% | 990 |
| 2020 | $51,576,473▲375% | $21,043,937▲128% | $36,063,537▲575% | $37,089,595▲552% | 990 |
| 2019 | $10,864,095▼18.2% | $9,247,976▼47.0% | $5,345,157▲44.8% | $5,690,189▼14.8% | 990 |
| 2018 | $13,285,448▼4.6% | $17,433,013▲99.6% | $3,690,502▼54.8% | $6,676,605▼22.2% | 990 |
| 2017 | $13,927,442▲98.4% | $8,734,203▲44.6% | $8,157,920▲148% | $8,584,362▲148% | 990 |
| 2016 | $7,018,875▲50.5% | $6,040,801▲11.6% | $3,295,480▲83.3% | $3,464,545▲87.0% | 990 |
| 2015 | $4,664,713▼1.2% | $5,410,754▲81.0% | $1,797,595▼27.8% | $1,852,985▼29.9% | 990 |
| 2014 | $4,721,486▲164% | $2,990,063▲127% | $2,488,817▲236% | $2,645,032▲240% | 990 |
| 2013 | $1,790,132 | $1,317,622▲684% | $740,182▲474% | $777,451▲503% | 990 |
| 2011 | — | $168,091▲121% | $128,992▲318% | $128,992▲318% | 990 |
| 2010 | $62,427▼66.4% | $75,933▼46.2% | $30,834▼30.5% | $30,834▼30.5% | 990EZ |
| 2009 | $185,557 | $141,217 | $44,340 | $44,340 | 990EZ |
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.
Leadership & compensation (FY2024)
Highest-paid: Justin A Dent — $231,500 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Justin A Dent | Director | 40 | $231,500 |
| Michael B Mccord | Administrator | 40 | $219,308 |
| Stacey C William | Administrator | 40 | $215,730 |
| Morgan Camu | Administrator | 40 | $211,500 |
| Tatiana Litvin | Administrator | 40 | $195,000 |
| Andrew Altsule | Secretary | 1 | — |
| Kent Seton | Ceo, Cfo | 2 | — |
| Kevin Grigorenko | Cto | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sap Management Team Inc | Management Services | $1,390,285 |
| Garde Ventures LLC | Consulting | $838,102 |
| Swidzinski Management | Event Services | $417,601 |
| Paint Inc | Event Services | $366,279 |
| Phoenix Decorating Company Inc | Float Building | $333,125 |
Grants received · $87.6M total
187 grants to Edward Charles Foundation totaling $87.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Kansas City Community Foundation | Human services | 2024 | $1,100,000 |
| Impactassets Inc | General support | 2024 | $630,000 |
| Network For Good Inc | Unrestricted | 2024 | $482,370 |
| City Fund | To support opportunity for all orange county in their work to open and grow high quality schools. | 2024 | $225,000 |
| Pga Tour Inc | General support | 2024 | $185,883 |
| National Football League Foundation | General support | 2024 | $99,394 |
| Greater Horizons | Human services | 2024 | $75,000 |
| Ascendium Education Solutions Inc | Grant, covering the future of work | 2024 | $70,000 |
| Cambiar Education | Innovation & future of learning grant | 2024 | $65,375 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $57,500 |
| American Online Giving Foundation Inc | General support | 2024 | $53,732 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $52,568 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $42,480 |
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $30,000 |
Grants made · $24.5M in FY2024
204 grants totaling $24.5M in FY2024 — showing the 15 largest. All grants made by Edward Charles Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Structural Unemployment (DBA Working Nation) | Charitable gift | $4,008,656 |
| When Justice Pbc | Charitable gift | $2,843,000 |
| Root Cause Foundation | Charitable gift | $1,000,000 |
| Crisis Text Line Inc | Charitable gift | $620,533 |
| Arts & Design Alumni Research | Charitable gift | $617,400 |
| College Track | Charitable gift | $600,000 |
| Rennervation Foundation | Charitable gift | $597,405 |
| American National Red Cross | Charitable gift | $505,000 |
| The Board of Trustees of the Leland Stanford Junior University | Charitable gift | $500,000 |
| Southern California Grantmakers | Charitable gift | $485,000 |
| Thrive Market Inc | Charitable gift | $455,012 |
| Naismith Memorial Basketball Hall of Fame Inc 1150 West Columbus Ave | Charitable gift | $425,000 |
| Heal Palestine Inc | Charitable gift | $423,869 |
| Rod Dedeaux Foundation | Charitable gift | $423,590 |
| Unrwa USA National Committee Inc | Charitable gift | $398,536 |
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Compare Edward Charles Foundation
Frequently asked questions
- Is Edward Charles Foundation a legitimate nonprofit?
- Yes. Edward Charles Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-4245043, based in Beverly Hills, California. Donations are tax-deductible.
- What is Edward Charles Foundation's EIN?
- Edward Charles Foundation's Employer Identification Number (EIN) is 26-4245043.
- How much revenue does Edward Charles Foundation report?
- Edward Charles Foundation reported $67,600,579 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Edward Charles Foundation's spending goes to programs?
- Edward Charles Foundation spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Edward Charles Foundation have?
- CharityIndex grades Edward Charles Foundation A, based on program efficiency and fundraising cost.
- How much does Edward Charles Foundation's highest-paid employee make?
- The highest reported compensation on Edward Charles Foundation's latest Form 990 is $231,500, paid to Justin A Dent (Director).
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Explore more
Data for Edward Charles Foundation (EIN 26-4245043) 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.