The Condon Family Foundation
The Condon Family Foundation is a private foundation based in Santa Barbara, California. In filing year 2024, it reported making 10 grants totaling $72,000 to charitable organizations.
Key facts about The Condon Family Foundation
In short: The Condon Family Foundation gave $72K across 10 grants in 2024 (avg $7K), mostly in California. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 95-4522880
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $72,000
- Grants made (2024)
- 10
- Average grant
- $7,200
- Median grant
- $7,500
- New grantees (estimate)
- 20% first-time grantees (2 of 10, 2024; small sample)
- Total assets
- $5,192,848
- Primary geography
- California (85% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
+2.1% YoY
Annual Giving
$72K
-73.7% YoY
Grant Count
10
-41.2% YoY
Avg Grant Size
$7K
-55.3% YoY
Under IRS private-foundation payout rules, The Condon Family Foundation reported a distributable amount of $354K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Condon Family Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 2 of 10 grantees (20%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $8K; repeat grants $7K. How we count
Medians: $8K first-time, $8K repeat.
- 80% of 2024 grantees were also funded in 2023. Method
- Giving fell 83% from 2021 to 2024. Method
- In 2024 it paid out 26% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included funding for student programs and scholarships, Catholic thought and scholarship, community services, conservation, and health care. For example, the Cancer Foundation of Santa Barbara describes its mission as supporting cancer diagnosis, treatment, research, technology, and support programs, and says it is the leading sponsor and largest donor to the Ridley-Tree Cancer Center at Sansum Clinic.
Grantmaking
In 2024, the foundation made 10 grants totaling $72,000. Grant amounts ranged from $1,000 to $15,000, with a median grant of $7,500.
The largest reported grants were $15,000 to the San Marcos Royal Pride Foundation for projects supporting students and school excellence; $12,500 to the Institute for Advanced Catholic Studies at USC to strengthen Catholic thought and imagination; and $12,500 to The Salvation Army of Pasadena to support essential services. Other grants included $10,000 to Sayville Public Schools for financial assistance to graduating seniors pursuing nursing degrees, and $10,000 to California Waterfowl for work on waterfowl populations, wetlands, and hunter-conservationist communities. The foundation also gave $5,000 to the Foundation for Cottage Rehabilitation & GVCH and $2,500 to the Dream Foundation.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with The Condon Family Foundation?
Geographic Focus
Where this funder awards grants
In 2024, 85% of grant dollars went to California recipients, 14% to New York recipients, and 1% to Rhode Island recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $72K (2024) to $443K (2020). In 2024 it made 10 grants totaling $72K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was San Marcos Royal Pride Foundation ($15K). Together the top 10 received $72K.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was under $50K: 67 grants of 76 (88%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| San Marcos Royal Pride Foundation Santa Barbara, CA | Provide strategic guidance & funding for projects that support all students & drive the school to excellence in academics, extra-curricular pursuits & facilities | $15,000 |
| Institute for Advanced Catholic Studies at USC Los Angeles, CA | To strengthen caltholic thought and imagination and their ability to contribute to the important questions of the day. | $12,500 |
| The Salvation Army of Pasadena Pasadena, CA | To enable to continue providing essentail services across the communities. | $12,500 |
| Sayville Public Schools Sayville, NY | give financial assistance to graduating seniors pursuing a nursing degree | $10,000 |
| California Waterfowl Roseville, CA | To grow California's waterfowl populations, wetlands and hunter-conservationist communities. | $10,000 |
| Foundation for Cottage Rehabilitation & GVCH Santa Barbara, CA | To serve our community with excellence, integrity and compassion. | $5,000 |
| Dream Foundation Santa Barbara, CA | Enhance the quality of life for individuals and their families facing a life-threatening illness by fulfilling a heart's final wish | $2,500 |
| Hollister School PTA Hollister, CA | To positively impact and enrich the lives of all children and families of hollister school. | $2,500 |
| Brown University Division of Advancement Providence, RI | To provide the funding that makes high-quality teaching, vibrant camput life and groundbreaking discovery possible every day. | $1,000 |
| Cancer Foundation of Santa Barbara Santa Barbara, CA | To provide firm support for comprehensive, outpatient cancer care, retaining highly trained & devoted medical professionals, acquiring the latest technology & research protocols in the santa barbara community. | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $5,192,848 | $237,742 | $130,231 | $72,000 |
| 2023 | $5,085,860 | $504,561 | $339,873 | $273,971 |
| 2022 | $4,856,956 | $166,537 | $427,752 | $387,500 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,192,848 | $5,085,860 | $4,856,956 |
| Revenue | $237,742 | $504,561 | $166,537 |
| Expenses | $130,231 | $339,873 | $427,752 |
| Qualifying Distributions | $91,907 | $302,879 | $396,313 |
| Net Investment Income | $199,566 | — | — |
| Distributable Amount | $353,726 | $316,640 | $297,892 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thomas J Condon as CIO/President, Thomas H Condon as Treasurer/Operations Manager, Christine Condon as Secretary, and Amy Condon on the Finance Committee.
The Condon Family Foundation is led by Thomas H. Condon, CIO, President, Treasurer & Operations Manager on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Thomas H. Condon
CIO, President, Treasurer & Operations Manager
On filings since 2020
1 hr/week
No compensation reported
Amy Condon
Finance Committee
On filings since 2020
0.3 hrs/week
No compensation reported
Christine Condon
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: Julie H. Condon (2020–2021) — Finance Committee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 1257 Orchid Drive, Santa Barbara, CA 93111
Frequently asked questions about The Condon Family Foundation
How much does The Condon Family Foundation give each year?
The Condon Family Foundation gave $72K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $274K across 17 grants.
What is The Condon Family Foundation's typical grant size?
The Condon Family Foundation's median grant in 2024 was $7,500, and its average grant was $7,200, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Condon Family Foundation that year got $8K on average.
Where does The Condon Family Foundation give grants?
The Condon Family Foundation gives mostly in California: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (14%). The most frequent recipient cities were Santa Barbara, CA (4 grants).
Does The Condon Family Foundation give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on The Condon Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Condon Family Foundation's largest grantees?
The Condon Family Foundation's largest 2024 grantees include San Marcos Royal Pride Foundation ($15,000), Institute for Advanced Catholic Studies at USC ($12,500) and The Salvation Army of Pasadena ($12,500), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.
How large is The Condon Family Foundation?
The Condon Family Foundation reported $5.2M in total assets on its 2024 IRS Form 990-PF. It paid out $92K in qualifying distributions that year, against a required minimum of $354K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Condon Family Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included funding for student programs and scholarships, Catholic thought and scholarship, community services, conservation, and health care. See mission & focus areas ↑
How do I apply for a grant from The Condon Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Condon Family Foundation's EIN?
The Condon Family Foundation's EIN (Employer Identification Number) is 95-4522880. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Condon Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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