Cause IQ organization profile

California Wellness Foundation

Form 990s | Financials | Vendors | Personnel | Peers

California Wellness Foundation is a private foundation based in Los Angeles, CA that was founded in 1991. As of 2018 they had $54 million in revenue and $1.0 billion 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.

EIN:

95-4292101

City:

Los Angeles

State:

California

Website:

calwellness.org

Phone:

(818) 702-1900

Founded:

1991

Type:

501(c)(3)

NTEE:

T20: Private foundations

Revenue:

$54,960,326

Assets:

$1,006,120,644

Fiscal year end:

December

Revenue trends:

Asset trends:

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	2017	2016	% Change
Total grants, contributions, etc.	$0	$2,000	-100%
Investment income and dividends	$15,453,445	$16,523,662	-6.5%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$39,506,881	$13,894,326	184.3%
Gross sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$54,960,326	$30,419,988	80.7%

Field	2017	2016	% Change
Compensation of current officers, etc.	$1,844,851	$1,726,714	6.8%
Non-officer salaries and wages	$3,773,746	$3,494,127	8.0%
Pension/retirement accruals and contributions	$1,882,717	$1,765,482	6.6%
Legal fees	$204,842	$210,671	-2.8%
Accounting fees	$187,476	$169,003	10.9%
Other fee-for-service	$2,717,842	$2,923,283	-7.0%
Interest	$0	$0
Depreciation, amortization, etc.	$207,288	$106,281	95.0%
Occupancy	$1,214,379	$1,203,507	0.9%
Travel	$605,195	$623,375	-2.9%
Office expenses
Grants to all govts., orgs., and individuals	$36,929,105	$29,085,578	27.0%
All other expenses	$3,607,380	$929,827	288.0%
Total expenses	$53,195,456	$42,250,371	25.9%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$127,040	$145,499	-12.7%
Savings, short-term investments, etc.	$2,493,460	$3,420,543	-27.1%
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	$420,387	$292,909	43.5%
Investments in government obligations	$103,390,767	$26,804,628	285.7%
Investments in corporate stock	$655,620,687	$630,644,295	4.0%
Investments in corporate bonds	$35,432,590	$101,495,848	-65.1%
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$204,027,342	$128,376,259	58.9%
Buildings, equipment, etc. post-depreciation	$3,491,566	$252,954	1280.3%
Other assets	$1,116,805	$1,163,556	-4.0%
Total assets	$1,006,120,644	$892,596,491	12.7%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$2,889,515	$1,999,345	44.5%
Grants payable	$6,181,200	$3,867,667	59.8%
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	$7,436,635	$3,630,695	104.8%
Total liabilities	$16,507,350	$9,497,707	73.8%

Field	2017	2016	% Change
Unrestricted net assets	$989,613,294	$883,098,784	12.1%
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		2018-11-07
███████ ██████████ ████████	Investment Management	$270,783	2017-12-01
███████████ ███████	Investment Management	$492,118	2017-12-01
███████ ███████ ████████ ███	Investment Management	$497,589	2017-12-01
████████ ██████████	Consulting	$204,404	2017-12-01
███████ ██████ ██████████ ██████████ ██	Investment Management	$235,740	2017-12-01

Personnel at California Wellness Foundation

Name	Title	Compensation	Most recent data
Judy Belk	President and Chief Executive Officer	$550,936	Aug. 29, 2019
Margaret W. Minnich	Chief Operating Officer and Chief Financial Officer	$353,748	Aug. 29, 2019
████ ██████	Vice President of Operations	-	Aug. 29, 2019
███████ ████	Vice President of Public Affairs	$269,626	Aug. 29, 2019
██████ ███████	Vice President of Programs	$283,463	Aug. 29, 2019
████████ █████████	Controller and Director of Finance	$174,767	Aug. 29, 2019
█████ █████	Director of Communications	-	Aug. 29, 2019
███████ ██████████	Director of Information Technology / Director of Is	$160,500	Aug. 29, 2019
██████ ██ ████████	Director of Public Policy	$169,536	Aug. 29, 2019
███████ █████	Director of Human Resources	-	Aug. 29, 2019
...and nine more key personnel

Peer private foundations

	Name	Type	Revenue	Location
1	Greater Rochester Health Foundation	501(c)(3)	$17 million	Rochester, NY
2	Headwaters Health Foundation of Western Montana	501(c)(3)	$17 million	Missoula, MT
3	UniHealth Foundation	501(c)(3)	$28 million	Los Angeles, CA
4	Gary and Mary West Foundation	501(c)(3)	$35 million	Solana Beach, CA
5	Pisces Foundation	501(c)(3)	$14 million	San Francisco, CA
6	S.D. Bechtel Jr. Foundation	501(c)(3)	$38 million	San Francisco, CA
7	The McConnell Foundation	501(c)(3)	$34 million	Redding, CA
8	Weingart Foundation	501(c)(3)	$63 million	Los Angeles, CA
9	Cotsen Foundation for the Art of Teaching	501(c)(3)	$178 million	Los Angeles, CA
10	The Annenberg Foundation	501(c)(3)	$75 million	Los Angeles, CA
11	The Rose Foundation	501(c)(3)	$17 million	Santa Monica, CA
12	Making Waves Foundation (MWF)	501(c)(3)	$64 million	Richmond, CA
13	Kenneth Rainin Foundation	501(c)(3)	$31 million	Oakland, CA
14	The Kavli Foundation	501(c)(3)	$30 million	Los Angeles, CA
15	Evelyn and Walter Haas Jr. Fund	501(c)(3)	$19 million	San Francisco, CA
16	Durfee Foundation	501(c)(3)	$22 million	Los Angeles, CA
17	Open Doors International	501(c)(3)	$26 million	Santa Ana, CA
18	The Broad	501(c)(3)	$34 million	Los Angeles, CA
19	W. M. Keck Foundation	501(c)(3)	$73 million	Los Angeles, CA
20	College Futures Foundation	501(c)(3)	$23 million	Oakland, CA
21	James Irvine Foundation	501(c)(3)	$128 million	San Francisco, CA
22	Xq Institute	501(c)(3)	$37 million	Oakland, CA
23	Rosalinde and Arthur Gilbert Foundation	501(c)(3)	$17 million	Santa Monica, CA
24	Conrad N. Hilton Foundation	501(c)(3)	$172 million	Agoura Hills, CA
25	JHM Charitable Foundation	501(c)(3)	$32 million	Manhattan Beach, CA

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Cause IQ organization profile

California Wellness Foundation

Form 990s for California Wellness Foundation

Financials for California Wellness Foundation

Vendors for California Wellness Foundation

Personnel at California Wellness Foundation

Peer private foundations

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