Cal State Fullerton Philanthropic Foundation

Analysis

Cal State Fullerton Philanthropic Foundation is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cal State Fullerton Philanthropic Foundation reported income of $24.9m and spending of $19.1m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.0m to $24.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 156%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cal State Fullerton Philanthropic Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Providence Little Company of Mary Foundation ($24.6m), Midway USA Foundation Inc ($24.9m) and Strivetogether Inc ($24.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 4.5% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $198.1m against liabilities of $1.9m, net assets of $196.2m.