#430 of 500 · Foundation / Grantmaker / DAF

The California Endowment

EIN 95-4523232 · CA · NTEE T22E · Form 990-PF, fiscal 2023

A private, statewide health foundation headquartered in Los Angeles, established in 1996 from the conversion of Blue Cross of California to for-profit status. With multibillion-dollar assets, it is among the largest health foundations in California, making grants to community organizations, clinics, and initiatives aimed at expanding access to affordable, quality health care and advancing health and racial equity for underserved individuals and communities across the state.

Financials, fiscal 2023

Revenue

$361.9M

Expenses

$417.9M

Total assets

$4.32B

Net assets

$3.79B

Operating margin

-15.5%

1-year growth

-21.6%

5-year growth (CAGR)

11.4%

Reserve (years of spending)

108.8

Contributions share

n/a

Programme spending

n/a

Fundraising cost

n/a

Executive pay share

0.90%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

27

NFP Health Score: 70 / 100

Financial 54 · Governance 85 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To expand access to affordable, quality health care for underserved individuals and communities and to promote fundamental improvements in the health status of all Californians.

Revenue history