ASSETS, CONTRIBUTIONS & GRANTS

Overview of Assets

As of June 30, 2023, our assets total nearly $2.29 billion, comprised of four fund categories that reflect the many types of partnerships between CCF and our donors: Permanent Discretionary Funds, Donor Advised Funds, Permanent Restricted Funds and Other Funds.

Permanent Discretionary Funds are permanent gifts entrusted to CCF by individuals, families and organizations who understand the flexibility offered by unrestricted gifts. They allow CCF to adapt grantmaking to the evolving needs of Los Angeles for generations to come. These assets represented more than $610 million, 27 percent of our total assets.

Charts represent fiscal years ended June 30

Donor Advised Funds are donor-directed charitable funds or foundations started by donors who choose CCF to help them realize their philanthropic visions and goals. These funds accounted for nearly $1.08 billion, 47 percent of our total assets.

Permanent Restricted Funds are donor-designated funds for use at a specific organization through a legacy or a bequest. These assets made up over $150 million, 7 percent of our total assets.

Other Funds include private foundation alternatives, regional affiliates, trusts, community benefit funds and charitable gift annuities, among others, and constituted nearly $448 million, 20 percent of our total assets.

Overview of Contributions

$251 Million in Charitable Contributions

The passion and generosity of CCF’s donors and partners led to nearly $251 million in contributions.

Overview of Grants

$359 Million in Grants

This year, CCF gave out more than 8,312 grants, totaling nearly $359 million, an 18 percent decrease from the previous year. LA County nonprofits received over $183 million representing 51 percent of total grants.

Financial Statements

CCF maintains operating expenses at less than one percent of assets. We are committed to efficiency in order to maximize the impact of our donors’ charitable contributions.

*A full copy of the audited financial statements is available online at calfund.org/audit or by calling 213.413.4130. These abbreviated financial reports are unaudited.