Cause IQ organization profile

Cisco Systems Foundation

Form 990s | Financials | Vendors | Personnel | Peers

Cisco Systems Foundation is a corporate foundation based in San Jose, CA that was founded in 1997. As of 2018 they had $42 million in revenue and $205 million in assets.

EIN:

77-0443347

City:

San Jose

State:

California

Website:

cisco.com

Founded:

1997

Type:

501(c)(3)

NTEE:

T21: Corporate foundations

Revenue:

$42,792,844

Assets:

$205,884,265

Fiscal year end:

July

Revenue trends:

Asset trends:

Form 990s for Cisco Systems Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-07	Aug 17, 2019	990PF	View PDF
2017-07	Dec 22, 2018	990PF	View PDF
2016-07	Sep 12, 2017	990PF	View PDF
2015-07	Aug 12, 2016	990PF	View PDF
2014-07	Jun 22, 2015	990PF	View PDF
...and three more Form 990 PDFs

Financials for Cisco Systems Foundation

Field	2018	2017	% Change
Total grants, contributions, etc.	$20,272,294	$20,439	99084.4%
Investment income and dividends	$2,496,042	$2,710,562	-7.9%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$19,919,333	$2,991,967	565.8%
Gross sales of inventory	$0	$0
Miscellaneous revenues	$105,175	$79,813	31.8%
Total revenues	$42,792,844	$5,802,781	637.5%

Field	2018	2017	% Change
Compensation of current officers, etc.	$0	$0
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Legal fees	$63,133	$63,894	-1.2%
Accounting fees	$102,307	$92,587	10.5%
Other fee-for-service	$348,431	$310,828	12.1%
Interest	$0	$0
Depreciation, amortization, etc.	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Office expenses
Grants to all govts., orgs., and individuals	$16,302,857	$12,646,761	28.9%
All other expenses	$840,421	$954,883	-12.0%
Total expenses	$17,657,149	$14,068,953	25.5%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$2,285,038	$26,035,678	-91.2%
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	$0	$0
Investments in government obligations	$0	$0
Investments in corporate stock	$119,372,185	$104,332,851	14.4%
Investments in corporate bonds	$9,263	$9,599	-3.5%
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$50,500,118	$48,975,730	3.1%
Buildings, equipment, etc. post-depreciation	$0	$0
Other assets	$33,717,661	$6,333,201	432.4%
Total assets	$205,884,265	$185,687,059	10.9%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$803,420	$108,906	637.7%
Grants payable	$527,570	$547,958	-3.7%
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	$660,000	$1,254,624	-47.4%
Total liabilities	$1,990,990	$1,911,488	4.2%

Field	2018	2017	% Change
Unrestricted net assets	$203,893,275	$183,775,571	10.9%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Cisco Systems Foundation

Vendor	Services	Amount paid	Date
Fontanello Duffield and Otake LLP	Tax accounting; Accounting Fees	$60,307	2019-08-02
██████ █████ ██████████ ███	Asset Management	$81,476	2018-07-01
█████ ███ ██████	Legal Fees	$63,133	2018-07-01
█████ ██████ ████ ███ █████	Custodial Fees	$56,508	2018-07-01
██████ █████ ██████████	Asset Management	$220,426	2018-07-01

Personnel at Cisco Systems Foundation

Name	Title	Compensation	Most recent data
Peter Tavernise	Executive Dir.	$0	July 31, 2018

Peer corporate foundations

	Name	Type	Revenue	Location
1	Caterpillar Foundation	501(c)(3)	$49 million	Peoria, IL
2	The Applied Materials Foundation	501(c)(3)	$11 million	Santa Clara, CA
3	TD Charitable Foundation	501(c)(3)	$21 million	Falmouth, ME
4	Abbvie Foundation	501(c)(3)	$64 million	North Chicago, IL
5	Tennessee Health Foundation	501(c)(3)	$15 million	Chattanooga, TN
6	American Express Foundation	501(c)(3)	$63 million	New York, NY
7	BHP Billiton Foundation	501(c)(3)	$21 million	Houston, TX
8	Cigna	501(c)(3)	$152 million	Philadelphia, PA
9	Bristol Myers Squibb Foundation	501(c)(3)	$58 million	New York, NY
10	Chubb Charitable Foundation	501(c)(3)	$55 million	Philadelphia, PA
11	General Mills Foundation	501(c)(3)	$27 million	Minneapolis, MN
12	Best Buy Foundation	501(c)(3)	$12 million	Richfield, MN
13	The Bank of America Charitable Foundation	501(c)(3)	$123 million	Charlotte, NC
14	Mac Global Aids Foundation	501(c)(3)	$12 million	New York, NY
15	Zeist Foundation (ZF)	501(c)(3)	$15 million	Atlanta, GA
16	Harman Family Foundation	501(c)(3)	$10 million	Los Angeles, CA
17	Charles and Helen Schwab Foundation	501(c)(3)	$62 million	San Francisco, CA
18	Tarsadia Foundation	501(c)(3)	$106 million	Newport Beach, CA
19	Weingart Foundation	501(c)(3)	$153 million	Los Angeles, CA
20	Hellman Foundation	501(c)(3)	$39 million	San Francisco, CA
21	Ralph M. Parsons Foundation	501(c)(3)	$13 million	Los Angeles, CA
22	Genentech Foundation	501(c)(3)	$42 million	S San Fran, CA
23	PIMCO Foundation	501(c)(3)	$12 million	Newport Beach, CA
24	TLL Temple Foundation	501(c)(3)	$28 million	Lufkin, TX
25	Eli and Edythe Broad Foundation	501(c)(3)	$66 million	Los Angeles, CA

Also explore

Want more details?

Just create a free account! You're in good company, too. Cause IQ users include leading nonprofit, professional services, and technology professionals.

Create free account to learn more about Cisco Systems Foundation.

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for corporate foundations, qualify inbound opportunities like Cisco Systems Foundation, benchmark clients to other corporate foundations, and enrich existing CRM information.

Curious how Cause IQ can help you prospect for foundations or clients, research nonprofits, benchmark clients, or enrich your existing information?

Create free account

Cause IQ organization profile

Cisco Systems Foundation

Form 990s for Cisco Systems Foundation

Financials for Cisco Systems Foundation

Vendors for Cisco Systems Foundation

Personnel at Cisco Systems Foundation

Peer corporate foundations

Also explore

Want more details?

What is Cause IQ?

Nonprofits

Product

Customers

About

Email newsletter