AI Transparency Report
The Cameron Foundation demonstrates strong financial health and a consistent commitment to its mission, as evidenced by its IRS 990 filings. The organization consistently maintains substantial assets, reaching $159,832,127 in 2023, significantly exceeding its liabilities of $1,996,836. This robust asset base provides long-term stability and capacity for its philanthropic activities. Revenue has fluctuated over the years, with a notable high of $19,974,986 in 2014 and $14,350,568 in 2021, indicating a reliance on varying funding streams, likely investment returns given its foundation structure. Despite these fluctuations, the foundation consistently manages its expenses, which have remained relatively stable, ranging from approximately $5.5 million to $8.7 million annually over the past decade.
Spending efficiency appears high, particularly given that the provided data indicates 0% officer compensation across all listed periods. This suggests that a very high proportion of expenses are directed towards program services and operational costs rather than executive salaries, which is a positive indicator for donors. As a foundation (NTEE Code B80), its primary function is grant-making, meaning its 'program spending' would largely consist of grants distributed to other nonprofits. The consistent growth in assets, even with significant annual expenses, points to effective asset management and a sustainable financial model.
Transparency is generally strong, with consistent annual filings available. The absence of officer compensation in the provided data is a significant transparency point, indicating either a volunteer-led executive structure or that executive compensation is covered under other expense categories not explicitly broken out as 'officer comp' in this summary. However, for a foundation, the key transparency metric often revolves around its grant-making process and impact, which would require a deeper dive into its Schedule I (Grants and Other Assistance) from the full 990 forms.