The Fuller Foundation
Analysis
The Fuller Foundation is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in October 2001, 25 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, The Fuller Foundation reported income of $13.7m and spending of $8.8m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.7m to $13.7m (+7.8%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 111% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Fuller Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Golf Charitable Foundation of Greater Des Moines ($13.7m), Hospice Foundation of Western New York Inc ($13.7m) and Center for Effective Philanthropy Inc ($13.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $1.5m (17% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $220.5m against liabilities of $142.5m, net assets of $78.0m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 36%
- Other 50%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Golf Charitable Foundation of Greater Des Moines | Des Moines | $13.7m |
| Hospice Foundation of Western New York Inc | Cheektowaga | $13.7m |
| Center for Effective Philanthropy Inc | Cambridge | $13.7m |
| Greater Worcester Community Foundation Inc | Worcester | $13.7m |