Overview
What is California Symphony Endowment Fund?
The California Symphony Endowment Fund is a nonprofit organization, specifically a 501(c)(3) corporation based in Walnut Creek, California. Its primary purpose is to attract and manage endowment funds, which are restricted either in perpetuity or for a specific time and purpose, to support the California Symphony Orchestra. These funds help augment the orchestra's operating activities by utilizing the earnings from investments. In the fiscal year ending July 31, 2022, the California Symphony Endowment Fund remitted a gift of $70,000 to the orchestra. The fund's mission is to support the California Symphony Orchestra Inc. and contribute to its ongoing operations.
Official website here: www.californiasymphony.org
Is California Symphony Endowment Fund legitimate?
California Symphony Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Symphony Endowment Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.californiasymphony.org
What is the mission statement of California Symphony Endowment Fund?
The California Symphony Endowment Fund was established to attract endowment funds, both perpetually and with time/purpose restrictions, to support the California Symphony Orchestra, a 501(c)(3) nonprofit organization. The primary objective of this fund is to utilize the earnings from investments, as per California law, to enhance the operational activities of the California Symphony Orchestra. During the financial year ending July 31, 2022, the California Symphony Endowment Fund donated $70,000 to the California Symphony Orchestra. In essence, the fund's role is to secure financial resources for the orchestra's operations, ensuring its long-term sustainability and growth.
Official website here: www.californiasymphony.org
What is the revenue of California Symphony Endowment Fund?
California Symphony Endowment Fund's revenue in 2023 was $41,274.
Official website here: www.californiasymphony.org
Who are the executives of California Symphony Endowment Fund and what are their salaries?
There 4 volunteers at California Symphony Endowment Fund.
Here are 5 key members and their salaries:
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Official website here: www.californiasymphony.org
Where can I find the form 990 for California Symphony Endowment Fund?
California Symphony Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.californiasymphony.org
Learn more at the official website: www.californiasymphony.org
Mission Statement of California Symphony Endowment Fund
The California Symphony Endowment Fund, as a nonprofit organization, was established with a mission to attract endowment funds, both perpetually restricted and time/purpose limited, in support of the California Symphony Orchestra, Inc. This fund aims to augment the operating activities of the California Symphony Orchestra by utilizing the earnings from its investments, in accordance with California law. During the fiscal year ending July 31, 2022, the California Symphony Endowment Fund remitted a gift of $70,000 to the California Symphony Orchestra. In essence, the fund's role is to provide a source of sustainable financial support for the California Symphony Orchestra, ensuring its continued operations and growth.
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Impact
October, 2024
The California Symphony Endowment Fund plays a crucial role in sustaining the California Symphony Orchestra by attracting and managing endowment funds restricted in perpetuity and by specific time or purpose. By providing financial support through the earnings of these investments, the fund helps to ensure the orchestra's operational stability and artistic excellence.
In the fiscal year ending July 31, 2022, the Endowment Fund made a significant contribution of $70,000 to the California Symphony Orchestra, illustrating its direct impact on the orchestra's ability to deliver high-quality performances and engage with the community. This support not only underscores the importance of financial backing in the arts but also helps foster a vibrant cultural environment in Walnut Creek and beyond.
The strategically managed endowment funds allow the California Symphony to plan for the future while maintaining ongoing programming, educational initiatives, and outreach efforts that enrich the lives of audiences of all ages. As such, the California Symphony Endowment Fund serves as a vital pillar in the longevity and vitality of the California Symphony Orchestra.
This information is meant to be a general summary of California Symphony Endowment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $41,274
- Gross Receipts: $41,274
Assets and Liabilities:
- Total Assets: $1,527,207
- Total Liabilities: $0
- Net Assets: $1,527,207
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Organization Details
Founding Year
1996
Principal Officer
Barbara Hodgkinson
Website
www.californiasymphony.orgNTEE Category
Code: A69 - Arts
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