{"id":2798,"date":"2021-11-10T23:28:59","date_gmt":"2021-11-10T23:28:59","guid":{"rendered":"https:\/\/www.calfund.org\/2021annualreport\/?page_id=2798"},"modified":"2024-05-10T16:36:12","modified_gmt":"2024-05-10T16:36:12","slug":"financials","status":"publish","type":"page","link":"https:\/\/www.calfund.org\/2023-annualreport\/financials\/","title":{"rendered":"Financials"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2798\" class=\"elementor elementor-2798\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45a9abc4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45a9abc4\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4a7cf35\" data-id=\"4a7cf35\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-292de142 elementor-widget elementor-widget-text-editor\" data-id=\"292de142\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1 style=\"text-align: left;\">ASSETS, CONTRIBUTIONS &amp; GRANTS<\/h1>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fb4abe8 elementor-widget elementor-widget-image\" data-id=\"4fb4abe8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2021\/11\/yellow-line-separator.png\" width=\"60\" height=\"6\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-full size-full wp-image-2211 lazyload\" alt=\"\" \/><noscript><img decoding=\"async\" width=\"60\" height=\"6\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2021\/11\/yellow-line-separator.png\" class=\"attachment-full size-full wp-image-2211\" alt=\"\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ceb1a7 elementor-widget elementor-widget-text-editor\" data-id=\"6ceb1a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Overview of Assets<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-545eb0f elementor-widget elementor-widget-text-editor\" data-id=\"545eb0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAs 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.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-cbb2373 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cbb2373\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-47fd10e\" data-id=\"47fd10e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b1c784 elementor-widget elementor-widget-image\" data-id=\"4b1c784\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02.png\" data-srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02.png 1000w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02-300x103.png 300w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02-768x263.png 768w\" width=\"1000\" height=\"342\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-large size-large wp-image-5425 lazyload\" alt=\"\"  sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"342\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02.png\" class=\"attachment-large size-large wp-image-5425\" alt=\"\" srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02.png 1000w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02-300x103.png 300w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/california-community-fund-overview-assets-chart-02-768x263.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4aa4559 elementor-widget elementor-widget-text-editor\" data-id=\"4aa4559\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: bold; color: #00b2c2;\">Permanent Discretionary Funds<\/span> 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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e5a237 elementor-widget elementor-widget-text-editor\" data-id=\"6e5a237\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>Charts represent fiscal years ended June 30<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e3876cd\" data-id=\"e3876cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a732de1 elementor-widget elementor-widget-text-editor\" data-id=\"a732de1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: bold; color: #00b2c2;\">Donor Advised Funds<\/span> 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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e83be7 elementor-widget elementor-widget-text-editor\" data-id=\"0e83be7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<span style=\"font-weight: bold; color: #00b2c2;\">Permanent Restricted Funds<\/span> 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.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e34b8d9 elementor-widget elementor-widget-text-editor\" data-id=\"e34b8d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<span style=\"font-weight: bold; color: #00b2c2;\">Other Funds<\/span> 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.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-23104e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"23104e7\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10941c8\" data-id=\"10941c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f629a18 elementor-widget elementor-widget-text-editor\" data-id=\"f629a18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Overview of Contributions<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f1182f elementor-widget elementor-widget-text-editor\" data-id=\"9f1182f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>$251 Million<\/strong> in Charitable Contributions<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ca8cb14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ca8cb14\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ec53f77\" data-id=\"ec53f77\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b70b7b2 elementor-widget elementor-widget-image\" data-id=\"b70b7b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-1024x366.png\" data-srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-1024x366.png 1024w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-300x107.png 300w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-768x274.png 768w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-1536x549.png 1536w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023.png 1550w\" width=\"1024\" height=\"366\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-large size-large wp-image-5577 lazyload\" alt=\"\"  sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"366\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-1024x366.png\" class=\"attachment-large size-large wp-image-5577\" alt=\"\" srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-1024x366.png 1024w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-300x107.png 300w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-768x274.png 768w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023-1536x549.png 1536w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/04\/total-contributions2023.png 1550w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-bb81543\" data-id=\"bb81543\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4551433 elementor-widget elementor-widget-text-editor\" data-id=\"4551433\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The passion and generosity of CCF\u2019s donors and partners led to nearly $251 million in contributions.&nbsp;<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-77387c0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"77387c0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b3e2f8\" data-id=\"1b3e2f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a0bda2 elementor-widget elementor-widget-text-editor\" data-id=\"7a0bda2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Overview of Grants<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d146bf elementor-widget elementor-widget-text-editor\" data-id=\"9d146bf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>$359 Million<\/strong> in Grants<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-475a414 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"475a414\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3b0e41c\" data-id=\"3b0e41c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-518bda5 elementor-widget elementor-widget-image\" data-id=\"518bda5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-1024x381.png\" data-srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-1024x381.png 1024w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-300x112.png 300w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-768x286.png 768w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants.png 1468w\" width=\"1024\" height=\"381\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-large size-large wp-image-5422 lazyload\" alt=\"\"  sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"381\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-1024x381.png\" class=\"attachment-large size-large wp-image-5422\" alt=\"\" srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-1024x381.png 1024w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-300x112.png 300w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants-768x286.png 768w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/overview-grants.png 1468w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-015b44d\" data-id=\"015b44d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9cf4a99 elementor-widget elementor-widget-text-editor\" data-id=\"9cf4a99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThis 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. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c93e983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c93e983\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0b380bd\" data-id=\"0b380bd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-72baf56 elementor-widget elementor-widget-text-editor\" data-id=\"72baf56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1>Financial Statements<\/h1>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-9c8c31b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9c8c31b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6099bb9\" data-id=\"6099bb9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6bfab72 elementor-widget elementor-widget-image\" data-id=\"6bfab72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-837x1024.png\" data-srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-837x1024.png 837w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-245x300.png 245w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-768x939.png 768w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-1256x1536.png 1256w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements.png 1336w\" width=\"837\" height=\"1024\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-large size-large wp-image-5421 lazyload\" alt=\"\"  sizes=\"(max-width: 837px) 100vw, 837px\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"837\" height=\"1024\" src=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-837x1024.png\" class=\"attachment-large size-large wp-image-5421\" alt=\"\" srcset=\"https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-837x1024.png 837w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-245x300.png 245w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-768x939.png 768w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements-1256x1536.png 1256w, https:\/\/www.calfund.org\/2023-annualreport\/wp-content\/uploads\/2024\/02\/financial-statements.png 1336w\" sizes=\"(max-width: 837px) 100vw, 837px\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-81b1771\" data-id=\"81b1771\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77a3a93 elementor-widget elementor-widget-text-editor\" data-id=\"77a3a93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>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\u2019 charitable contributions.<\/p><p>*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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>ASSETS, CONTRIBUTIONS &amp; GRANTS Overview of Assets As of June 30, 2023, our assets total nearly $2.29 billion, comprised of&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-fullwidth.php","meta":{"footnotes":""},"class_list":["post-2798","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages\/2798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/comments?post=2798"}],"version-history":[{"count":368,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages\/2798\/revisions"}],"predecessor-version":[{"id":5692,"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/pages\/2798\/revisions\/5692"}],"wp:attachment":[{"href":"https:\/\/www.calfund.org\/2023-annualreport\/wp-json\/wp\/v2\/media?parent=2798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}