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Our Finances

Financial transparency

The Compton Foundation practices “all-in philanthropy,” using all of our assets—grants, investment capital, and human resources—to advance our mission. Since 2011, we have built an investment portfolio that aligns our assets with our values. We share our financial information to encourage other foundations to share theirs.

Statement of Financial Position

Year end December 31

ASSETS20202019
Cash and cash equivalents287,557346,113
Other receivable10,2072,020,661
Prepaid expenses29,24235,796
Investments, at fair value (Notes 4 & 5)29,139,57430,222,307
Property and equipment, net (Note 7)11,39118,691
Program related investment (Note 3)25,000
Security Deposit10,65010,650
Intangible Assets25,28825,288
TOTAL ASSETS29,513,90932,704,506
LIABILITIES20202019
Accounts payable and accrued expenses138,120123,592
Grants payable (Note 10)5,400,000200,000
Excise Tax Payable
Deferred federal excise tax (Note 9)84,942106,588
TOTAL LIABILITIES5,623,062430,180
NET ASSETS20202019
Net assets without donor restrictions23,890,84732,274,326
20202019
TOTAL LIABILITIES AND UNRESTRICTED NET ASSETS29,513,90932,704,506

Statement of Activities

Year end December 31

INVESTMENT INCOME20202019
Interest and Dividends342,718475,039
Realized (losses)/gains on investments(948,988)1,802,328
Unrealized gains on investments2,955,1241,533,601
Other investment (loss)(119,075)(95,496)
Custodial and management fees(71,601)(66,253)
Other investment expenses(613,245)(882,151)
Net investment income before provision for federal excise tax1,544,9332,767,068
Provision for federal excise taxes21,646(103,984)
NET INVESTMENT INCOME1,566,5792,663,084
EXPENSES20202019
Program Services
Grants9,144,7111,872,577
Grants Management488,147552,679
Total program services9,632,8582,425,256

Supporting Services
Board meetings and support25,657162,547
General administration291,406169,791
Total supporting services317,200332,338
TOTAL EXPENSES9,950,0582,757,594

Change in net assets without donor restrictions(8,383,479)(94,510)
Net assets without donor restrictions–beginning of the year32,274,32632,368,836
Net assets without donor restrictions–end of year23,890,84732,274,326

“All-in” Philanthropy

Audre Lorde famously claimed that “The master’s tools will never dismantle the master’s house.” Yet most of philanthropy tries to do exactly that…

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