California Wellness Foundation is a organizations supporting multiple health care nonprofit based in Los Angeles, CA that was founded in 1991. As of 2019 they had $71 million in revenue and $880 million in assets.
The mission of The California Wellness Foundation is to improve the health of the people of California by making grants for health promotion, wellness education and disease prevention.
California Wellness Foundation makes grants to other organizations, such as $1,000,000 to New Venture Fund for "For Core Operating Support for Hope and Heal Fund To Increase Fiscal Sustainability, Build Grantmaking Capacity and Maximize Efforts To Reduce Gun Violence in California."; $825,000 to Advancement Project for "For Core Operating Support for the Race Counts Initiative and the Census Policy Advocacy Network To Advance Health and Racial Equity in California."; $600,000 to Root and Rebound for "For Project Support To Lead A Demonstration Project To Provide Integrated Economic Security and Employment Services for Formerly Incarcerated Women of Color As A Health Improvement Strategy in Fresno."; $600,000 to Time For Change Foundation for "For Project Support To Lead A Demonstration Project To Provide Integrated Economic Security and Employment Services for Formerly Incarcerated Women of Color As A Health Improvement Strategy in San Bernardino County."; and $600,000 to Health Access Foundation for "For Core Operating Support for the New Care4all California Campaign and Coalition To Create A High Quality, Affordable and Equitable Universal Health Care System in California.".
EIN:
95-4292101
City:
State:
Website:
Phone:
(818) 702-1900
Founded:
1991
Type:
501(c)(3)
NTEE:
Revenue:
$71,704,359
Assets:
$880,609,276
Fiscal year end:
December
Form 990s for California Wellness Foundation
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Feb 5, 2020 | 990PF | View PDF |
| 2017-12 | Feb 21, 2019 | 990PF | View PDF |
| 2016-12 | Jan 18, 2018 | 990PF | View PDF |
| 2016-12 | Dec 29, 2017 | 990PF | View PDF |
| 2015-12 | Mar 1, 2017 | 990PF | View PDF |
| ...and four more Form 990 PDFs |
Financials for California Wellness Foundation
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | |
| Investment income and dividends | $15,998,112 | $15,453,445 | 3.5% |
| Net rental income | $0 | $0 | |
| Net gain from sale of non-inventory assets | $55,417,331 | $39,506,881 | 40.3% |
| Gross sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $288,916 | $0 | 999% |
| Total revenues | $71,704,359 | $54,960,326 | 30.5% |
| Field | 2018 | 2017 | % Change |
|---|
| Compensation of current officers, etc. | $2,067,206 | $1,844,851 | 12.1% |
| Non-officer salaries and wages | $4,031,824 | $3,773,746 | 6.8% |
| Pension/retirement accruals and contributions | $2,006,156 | $1,882,717 | 6.6% |
| Legal fees | $139,716 | $204,842 | -31.8% |
| Accounting fees | $150,162 | $187,476 | -19.9% |
| Other fee-for-service | $3,565,705 | $2,717,842 | 31.2% |
| Interest | $0 | $0 | |
| Depreciation, amortization, etc. | $623,062 | $207,288 | 200.6% |
| Occupancy | $1,443,690 | $1,214,379 | 18.9% |
| Travel | $659,764 | $605,195 | 9.0% |
| Office expenses | | | |
| Grants to all govts., orgs., and individuals | $33,521,876 | $36,929,105 | -9.2% |
| All other expenses | $394,778 | $3,607,380 | -89.1% |
| Total expenses | $48,625,409 | $53,195,456 | -8.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $200,447 | $127,040 | 57.8% |
| Savings, short-term investments, etc. | $2,663,641 | $2,493,460 | 6.8% |
| Accounts receivable | $0 | $0 | |
| Pledges and grants receivable | $0 | $0 | |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $0 | $0 | |
| Prepaid expenses and deferred charges | $458,954 | $420,387 | 9.2% |
| Investments in government obligations | $60,005,948 | $103,390,767 | -42.0% |
| Investments in corporate stock | $543,966,649 | $655,620,687 | -17.0% |
| Investments in corporate bonds | $74,689,730 | $35,432,590 | 110.8% |
| Investments in land, buildings, and equipment | $0 | $0 | |
| Investments in mortgage loans | $0 | $0 | |
| Other types of investments | $189,954,567 | $204,027,342 | -6.9% |
| Buildings, equipment, etc. post-depreciation | $5,323,618 | $3,491,566 | 52.5% |
| Other assets | $3,345,722 | $1,116,805 | 199.6% |
| Total assets | $880,609,276 | $1,006,120,644 | -12.5% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $2,376,555 | $2,889,515 | -17.8% |
| Grants payable | $2,380,300 | $6,181,200 | -61.5% |
| Deferred revenue | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $4,498,968 | $7,436,635 | -39.5% |
| Total liabilities | $9,255,823 | $16,507,350 | -43.9% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $871,353,453 | $989,613,294 | -12.0% |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
Vendors for California Wellness Foundation
| Vendor | Services | Amount paid | Date |
|---|
| WordPress | Content management system software | | 2020-06-15 |
| ████ ███ | Tax accounting | | 2019-11-06 |
| ███████ ██████████ ████████ | Investment Management | $395,005 | 2018-12-01 |
| █████████ ██████████ | Investment Management | $225,000 | 2018-12-01 |
| ████████ ████████ | Consulting | $154,289 | 2018-12-01 |
| ███████████ ███████ | Investment Management | $560,788 | 2018-12-01 |
| ███████ ███████ ████████ ███ | Investment Management | $501,457 | 2018-12-01 |
Personnel at California Wellness Foundation
| Name | Title | Compensation | Most recent data |
|---|
| Judy Belk | President and Chief Executive Officer | $588,838 | Feb. 5, 2020 |
| Margaret W. Minnich | Chief Financial Officer | $353,732 | Aug. 29, 2019 |
| ████ ██████ | Vice President of Operations | $96,789 | Aug. 29, 2019 |
| ███████ ████ | Vice President of Public Affairs | $274,969 | Aug. 29, 2019 |
| ██████ ███████ | Vice President of Programs | $284,571 | Aug. 29, 2019 |
| ████████ █████████ | Controller and Director of Finance | $178,506 | Aug. 29, 2019 |
| █████ █████ | Director of Communications | - | Aug. 29, 2019 |
| ███████ ██████████ | Director of Information Technology | $166,335 | Aug. 29, 2019 |
| ██████ ██ ████████ | Director of Public Policy | $171,972 | Aug. 29, 2019 |
| ███████ █████ | Director of Human Resources | $172,280 | Aug. 29, 2019 |
| ...and nine more key personnel |
Peer organizations supporting multiple health care organizations
| | Name | Type | Revenue | Location |
|---|
| 1 | Salem Health and Wellness Foundation | 501(c)(3) | $59 million | Penns Grove, NJ |
| 2 | Make-A-Wish Foundation of America | 501(c)(3) | $104 million | Phoenix, AZ |
| 3 | Sealy and Smith Foundation | 501(c)(3) | $97 million | Galveston, TX |
| 4 | Community Health Charities | 501(c)(3) | $28 million | Alexandria, VA |
| 5 | Children's Health Care Foundation | 501(c)(3) | $25 million | Minneapolis, MN |
| 6 | UniHealth Foundation | 501(c)(3) | $28 million | Los Angeles, CA |
| 7 | Health Forward Foundation | 501(c)(3) | $55 million | Kansas City, MO |
| 8 | Baylor Scott & White Dallas Foundation | 501(c)(3) | $66 million | Dallas, TX |
| 9 | John Apostle and Helen Apostle Foundation | 501(c)(3) | $35 million | Long Beach, CA |
| 10 | Armand Hammer Foundation | 501(c)(3) | $19 million | Carpinteria, CA |
| 11 | Schmidt Ocean Institute | 501(c)(3) | $18 million | Palo Alto, CA |
| 12 | Weingart Foundation | 501(c)(3) | $153 million | Los Angeles, CA |
| 13 | The McConnell Foundation | 501(c)(3) | $34 million | Redding, CA |
| 14 | Cotsen Foundation for the Art of Teaching | 501(c)(3) | $178 million | Los Angeles, CA |
| 15 | S.D. Bechtel Jr. Foundation | 501(c)(3) | $38 million | San Francisco, CA |
| 16 | Open Doors International | 501(c)(3) | $26 million | Santa Ana, CA |
| 17 | James Irvine Foundation | 501(c)(3) | $81 million | San Francisco, CA |
| 18 | The Broad | 501(c)(3) | $34 million | Los Angeles, CA |
| 19 | Xq Institute | 501(c)(3) | $37 million | Oakland, CA |
| 20 | College Futures Foundation | 501(c)(3) | $23 million | Oakland, CA |
| 21 | Conrad N. Hilton Foundation | 501(c)(3) | $172 million | Agoura Hills, CA |
| 22 | Skoll Foundation | 501(c)(3) | $24 million | Palo Alto, CA |
| 23 | Stuart Foundation | 501(c)(3) | $37 million | San Francisco, CA |
| 24 | Herb Alpert Foundation | 501(c)(3) | $30 million | Santa Monica, CA |
| 25 | Humanity United | 501(c)(3) | $42 million | San Francisco, CA |