The California Endowment
Only null% goes to programs Strong reserves Declining revenue
The California Endowment is a 501(c)(3) organization based in Los Angeles, California, registered in 1996, with $145,223,990 in FY2024 revenue. CharityIndex grades it D.
1000 N Alameda St, Los Angeles, CA, 90012 EIN 95-4523232 Since 1996
Revenue (FY2024)
$145.2M
▲ 15.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$182.6M
Net assets
$4.0B
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 The California Endowment— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating260 mo reserves · -26% 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 The California Endowment: 260 mo reserves · -26% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 The California Endowment— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 The California Endowment: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1000 N Alameda St, Los Angeles, CA, 90012
- City
- Los Angeles
- State
- California
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $209.4M (FY2013) to $145.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $504.2MNet assets $4.0B
Operating margin
-25.7%
Spent more than it raised in the latest fiscal year.
Total assets
$4.5B
Total liabilities
$504.2M
Net assets
$4.0B
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $145,223,990▲15.2% | $182,567,426▼24.9% | $3,953,557,220▲0.4% | $4,457,765,886▲0.1% | 990PF |
| 2023 | $126,040,863▼65.2% | $243,040,147▼41.8% | $3,938,977,382▲4.0% | $4,453,417,123▲3.1% | 990PF |
| 2022 | $361,897,588▼21.6% | $417,921,219▲96.3% | $3,788,343,650▼14.3% | $4,318,845,356▼9.2% | 990PF |
| 2021 | $461,745,846▲50.7% | $212,888,822▼1.2% | $4,421,765,077▲2.9% | $4,754,305,382▲2.2% | 990PF |
| 2020 | $306,332,660▲9.0% | $215,488,654▲6.0% | $4,298,041,008▲29.1% | $4,652,654,328▲35.0% | 990PF |
| 2019 | $280,955,609▲19.4% | $203,337,541▼12.2% | $3,330,520,626▼9.9% | $3,446,801,045▼9.5% | 990PF |
| 2018 | $235,234,519▼8.1% | $231,645,041▼4.6% | $3,695,142,186▼1.0% | $3,809,575,079▼0.5% | 990PF |
| 2017 | $256,072,792▲32.2% | $242,732,935▲13.6% | $3,732,211,687▲3.6% | $3,828,720,064▲4.4% | 990PF |
| 2016 | $193,737,732▼3.7% | $213,601,509▼11.6% | $3,603,547,120▲5.9% | $3,667,124,129▲5.2% | 990PF |
| 2015 | $201,134,072▼1.0% | $241,525,900▲8.1% | $3,401,677,576▼8.0% | $3,485,456,009▼7.5% | 990PF |
| 2014 | $203,187,154▼3.0% | $223,430,595▼24.1% | $3,698,207,767▲3.6% | $3,768,442,347▲2.7% | 990PF |
| 2013 | $209,398,948 | $294,487,859▲34.9% | $3,569,157,699▲5.2% | $3,668,459,217▲3.0% | 990PF |
| 2012 | — | $218,310,276▲32.3% | $3,392,515,671▲3.1% | $3,562,148,280▼2.7% | 990PF |
| 2011 | — | $164,971,049▲22.4% | $3,289,539,027▲6.2% | $3,660,548,295▲1.1% | 990PF |
| 2009 | — | $134,818,280 | $3,098,747,161 | $3,622,153,403 | 990PF |
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: Michael Wee — $911,720 (0.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Wee | Departing Interim Chief Investment Off | 40 | $911,720 |
| Robert K Ross | Departing President/ceo | 40 | $766,990 |
| Martha Jimenez | Executive Vice President | 40 | $388,679 |
| Dan Deleon | Vice President & Cfo | 40 | $331,164 |
| Kate Kendell | Chief of Staff | 40 | $318,645 |
| Brenda Solorzano | Incoming President/ceo | 40 | $289,087 |
| Kelli Washington | Incoming Chief Investment Officer | 40 | $233,798 |
| Kurt Chilcott | Chair | 7.21 | $44,750 |
| Katherine Flores | Vice Chair | 5.65 | $35,750 |
| Kris Hayashi | Director/chair | 5.1 | $33,500 |
| Leslie Kautz | Director/chair | 5.1 | $33,500 |
| Maria Blanco | Director/chair | 5.1 | $33,500 |
| Torie Weiston-serdan | Director | 5.1 | $33,500 |
| Michele Siqueiros | Director/chair | 5.1 | $31,250 |
| Vernita Todd | Director | 4.6 | $28,500 |
| Ashley Monterrosa | Director | 4.6 | $26,250 |
| Britta Guerrero | Director | 4.6 | $26,250 |
| Donnell Ewert | Director | 4.6 | $26,250 |
| Edgar Ibarra | Director | 4.6 | $26,250 |
| Kai Hong | Director | 4.6 | $26,250 |
Grants received · $5.2M total
6 grants to The California Endowment totaling $5.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rural Community Assistance | Polanco park rehabilitation | 2024 | $44,895 |
| Tides Center | Equity, human rights, and economic empowerment | 2022 | $2,386,369 |
| Tides Center | Equity, human rights, and economic empowerment | 2022 | $2,386,369 |
| Policylink | Core support | 2022 | $228,204 |
| Community Partners | Lausd partner matching fund program which augments stem programing related to marine science, local ecosystems, aerospace engineering, physics, and science-art integration. target population is english learners, students reclassified as fleunt english proficients, low-income systems, and foster youth. | 2021 | $68,250 |
| Neo Philanthropy Inc | Program grant | 2019 | $110,864 |
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Frequently asked questions
- Is The California Endowment a legitimate nonprofit?
- Yes. The California Endowment is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4523232, based in Los Angeles, California. Donations are tax-deductible.
- What is The California Endowment's EIN?
- The California Endowment's Employer Identification Number (EIN) is 95-4523232.
- How much revenue does The California Endowment report?
- The California Endowment reported $145,223,990 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The California Endowment have?
- CharityIndex grades The California Endowment D, based on financial health (reserves and operating margin).
- How much does The California Endowment's highest-paid employee make?
- The highest reported compensation on The California Endowment's latest Form 990 is $911,720, paid to Michael Wee (Departing Interim Chief Investment Off).
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Data for The California Endowment (EIN 95-4523232) 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.