Cable Family Foundation
Cable Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newport Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 28 grants totaling $247K. Net investment income was $178K.
Key facts about Cable Family Foundation
- EIN
- 56-2549819
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $246,500
- Grants made (2024)
- 28
- Average grant
- $8,804
- Median grant
- $10,000
- Total assets
- $5,195,155
- Primary geography
- California (49% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Cable Family Foundation funds
By grant dollars, the top recipient states for Cable Family Foundation's 28 itemized 2024 grants were California (49%), Arizona (15%) and Florida (7%). The most frequent recipient cities were Newport Beach, CA (3 grants) and Irvine, CA (2 grants). None of its 28 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (28 grants).
How Cable Family Foundation gives
- 57% of 2024 grantees were also funded in 2023. Method
- Giving grew 314% from 2021 to 2024. Method
- In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Cable Family Foundation
- How to evaluate Cable Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
+87.9% YoY
Annual Giving
$247K
+37.6% YoY
Grant Count
28
+16.7% YoY
Avg Grant Size
$9K
+17.9% YoY
Under IRS private-foundation payout rules, Cable Family Foundation reported a distributable amount of $229K for 2024 — the minimum it must pay out in qualifying distributions.
About Cable Family Foundation
Based on IRS filings
Cable Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newport Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 28 grants totaling $247K. Net investment income was $178K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 28 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,195,155 | $2,764,533 | $2,302,104 |
| Revenue | $185,775 | $284,499 | $47,746 |
| Expenses | $264,027 | $190,703 | $56,075 |
| Qualifying Distributions | $257,066 | $186,102 | $52,455 |
| Net Investment Income | $178,366 | $303,240 | $99,738 |
| Distributable Amount | $229,277 | $191,556 | $193,346 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Child Help ($37,500), Mater Dei High School ($11,500), American Diabetes Assoc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILD HELP Scottsdale, AZ | PROGRAM SUPPORT | $37,500 |
| MATER DEI HIGH SCHOOL Santa Ana, CA | PROGRAM SUPPORT | $11,500 |
| AMERICAN DIABETES ASSOC Arlington, VA | PROGRAM SUPPORT | $10,000 |
| ANTEATER AQUATICS FOUNDATION Irvine, CA | PROGRAM SUPPORT | $10,000 |
| BCCC SCHOLARSHIP FUND Baltimore, MD | PROGRAM SUPPORT | $10,000 |
| BEACH FUND Long Beach, CA | PROGRAM SUPPORT | $10,000 |
| BETTER TOGETHER ANIMAL ALLIANCE Ponderay, ID | PROGRAM SUPPORT | $10,000 |
| CALIFORNIA HOMEBUILDING FOUNDATION Sacramento, CA | PROGRAM SUPPORT | $10,000 |
| CITY OF HOPE Duarte, CA | PROGRAM SUPPORT | $10,000 |
| HOMEAID OC Tustin, CA | PROGRAM SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wade Cable | Trustee | — | — |
| Susan Cable | Trustee | — | — |
| Kristie Polos | Trustee | — | — |
| Mollie Butcher | Trustee | — | — |
| Stacy Billups | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cable Family Foundation?
Cable Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Newport Beach, CA. It holds $5.2M in total assets as of 2024.
How large is Cable Family Foundation?
As of 2024, Cable Family Foundation holds $5.2M in total assets with $186K in annual revenue. It awarded 28 grants totaling $247K in 2024.
Where does Cable Family Foundation operate?
Cable Family Foundation has awarded grants in Arizona, California, Florida, Idaho, Maryland, North Carolina, New York, Tennessee, Texas, Virginia.
What size grants does Cable Family Foundation award?
In 2024, Cable Family Foundation awarded 28 grants totaling $247K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Cable Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cable Family Foundation reported a distributable amount of $229K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cable Family Foundation's EIN?
Cable Family Foundation's EIN (Employer Identification Number) is 56-2549819. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.