Public Charity

SAN FRANCISCO BALLET ENDOWMENT FOUNDATION

SAN FRANCISCO BALLET ENDOWMENT FOUNDATION is a Public Charity headquartered in SAN FRANCISCO, CA. Financial data from the 2025 filing: $16.6M revenue, $11.5M expenses, $171.1M total assets. 10 publicly reported grants to this organization, totaling roughly $698K, appear in IRS filings.

EIN: 942747262 SAN FRANCISCO, CA Latest filing: 2025
Total Revenue$16.6M
Total Expenses$11.5M
Total Assets$171.1M
Grant Records10
Funding Total$698K
Filing Years2021–2025

Mission

THE SAN FRANCISCO BALLET ENDOWMENT FOUNDATION WAS ESTABLISHED IN 1980 AND IN 1981 MADE ITS FIRST DISTRIBUTION TO THE SAN FRANCISCO BALLET ASSOCIATION (THE ASSOCIATION), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. (SEE SCHEDULE O) SINCE INCEPTION, STRONG INVESTMENT RETURNS AND CONTRIBUTIONS, PRIMARILY FROM ESTATES AND FROM DONORS, HAVE GROWN SIGNIFICANTLY AND INCREASED THE IMPORTANCE OF THE ENDOWMENT TO THE ASSOCIATION'S REVENUE STREAM. THE FOUNDATION IS INCORPORATED AS A SEPARATE NONPROFIT PUBLIC BENEFIT CORPORATION FOR THE PURPOSE OF HOLDING AND MANAGING ENDOWMENT FUNDS FOR THE BENEFIT OF THE ASSOCIATION. IT SEEKS TO PROVIDE THE ASSOCIATION WITH A RELIABLE SOURCE OF SUPPORT WHILE PROTECTING ITS INVESTMENTS AGAINST INFLATION AND WIDE SWINGS IN THE CAPITAL MARKETS SO THAT THE ASSOCIATION MAY CONTINUE ITS MISSION TO SHARE THE JOY OF DANCE WITH THE WIDEST POSSIBLE AUDIENCE IN THE COMMUNITY AND AROUND THE GLOBE.

Sample Grants Received

2024
GIFT INSTALLMENT FOR THE HELGI TOMASSON STUDIO & HELGI TOMASSON ENDOWMENT FUND
$20,000
2023
GIFT INSTALLMENT FOR THE HELGI TOMASSON STUDIO & HELGI TOMASSON ENDOWMENT FUND
$20,000
2022
ADVISED - FOR THE HELGI TOMASSON STUDIO & HELGI TOMASSON ENDOWMENT FUND.
$200,000
2022
HELGI TOMASSON STUDIO AND ENDOWMENT FUND
$25,000
2021
ADVISED - FOR THE HELGI TOMASSON STUDIO & HELGI TOMASSON ENDOWMENT FUND.
$200,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

DIRECTOR (AS OF 8/24) Alka Singal
SECRETARY Carmen Creel
DIRECTOR Hilary C Pierce
PRESIDENT EMERITUS John S Osterweis
INTERIM CFO (THRU 9/25) Lynda Gustafson
PRESIDENT Nancy Kukacka

Officer compensation and complete director data available with membership.

Top Grant Purposes

ADVISED - FOR THE HELGI TOMASSON STUDIO & HELGI TOMASSON ENDOWMENT FUND.
$400,000 2 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$100,000 1 grant
For grant recipient's exempt purposes
$80,000 2 grants
ARTS & CULTURE
$42,857 1 grant
GIFT INSTALLMENT FOR THE HELGI TOMASSON STUDIO & HELGI TOMASSON ENDOWMENT FUND
$40,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $16.6M $11.5M $171.1M
2024 $57.6M $6.2M $159.0M
2023 $8.2M $11.8M $111.9M
2022 $-6.0M $6.7M $115.6M
2021 $24.0M $6.4M $139.9M

Between 2021 and 2025, reported annual revenue declined from $24.0M to $16.6M (-31%), with total assets most recently reported at $171.1M.

Interactive year-over-year charts and full filing details available with membership.

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