Cnc Foundation Tr

Munger Charles T Et Al Ttee

Palo Alto, CA
Tax-exempt since Sept. 1998
EIN: 77-6160567

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$1.48M (2024)

Expenses

$1.96M (2024)

Total Assets

$1.91M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,479,879

Expenses

$1,959,185

Net Income

-$479,306

Net Assets

$1,907,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$343	0.0%
Dividends	$154,646	10.4%
Sales of Assets	$1,324,890	89.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,955,487	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,907,540
Total Liabilities	$0
Net Assets	$1,907,540

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on Sept. 23, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2023

Revenue

$282,985

Expenses

$433,579

Net Income

-$150,594

Net Assets

$2,594,658

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$543	0.2%
Dividends	$33,128	11.7%
Sales of Assets	$249,314	88.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$416,500	96.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,594,658
Total Liabilities	$0
Net Assets	$2,594,658

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on May 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$498,360

Expenses

$409,681

Net Income

$88,679

Net Assets

$2,848,676

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$64	0.0%
Dividends	$26,920	5.4%
Sales of Assets	$471,376	94.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$399,900	97.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,848,676
Total Liabilities	$0
Net Assets	$2,848,676

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on March 20, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$345,570

Expenses

$475,612

Net Income

-$130,042

Net Assets

$2,824,449

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21	0.0%
Dividends	$24,074	7.0%
Sales of Assets	$321,475	93.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$467,100	98.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,824,449
Total Liabilities	$0
Net Assets	$2,824,449

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on June 24, 2022

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$429,329

Expenses

$295,254

Net Income

$134,075

Net Assets

$3,114,920

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$34	0.0%
Dividends	$95,623	22.3%
Sales of Assets	$333,672	77.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$291,950	98.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,114,921
Total Liabilities	$1
Net Assets	$3,114,920

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on May 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$325,134

Expenses

$349,984

Net Income

-$24,850

Net Assets

$3,199,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$496	0.2%
Dividends	$20,203	6.2%
Sales of Assets	$304,435	93.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$329,600	94.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,199,617
Total Liabilities	$1
Net Assets	$3,199,616

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on June 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$753,809

Expenses

$397,165

Net Income

$356,644

Net Assets

$3,421,360

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50	0.0%
Interest Revenue	$1,490	0.2%
Dividends	$17,560	2.3%
Sales of Assets	$725,008	96.2%
Other Income	$9,701	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$393,900	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,421,360
Total Liabilities	$0
Net Assets	$3,421,360

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on May 13, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$135,452

Expenses

$887,011

Net Income

-$751,559

Net Assets

$3,589,765

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,004	11.1%
Interest Revenue	$138	0.1%
Dividends	$68,081	50.3%
Sales of Assets	$52,073	38.4%
Other Income	$156	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$853,910	96.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,834,990
Total Liabilities	$245,225
Net Assets	$3,589,765

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on May 9, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$1,972,467

Expenses

$93,995

Net Income

$1,878,472

Net Assets

$4,325,811

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,972,297	100.0%
Interest Revenue	$8	0.0%
Dividends	$162	0.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,000	80.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,325,811
Total Liabilities	$0
Net Assets	$4,325,811

Compensation

Key Employees and Officers	Compensation	Other
Charles T Munger Jr (Co Trustee)	$0	$0
Charlotte Lowell (Co Trustee)	$0	$0

990-PF

Filed on May 5, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$2,719,691

Expenses

$1,013,527

Net Income

$1,706,164

Net Assets

$2,447,339

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,663,566	61.2%
Interest Revenue	$18	0.0%
Dividends	$159	0.0%
Sales of Assets	$1,055,948	38.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,011,350	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,447,339
Total Liabilities	$0
Net Assets	$2,447,339

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,894,489

Expenses

$216,542

Net Income

$1,677,947

Net Assets

$1,878,225

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,894,325	100.0%
Interest Revenue	$0
Dividends	$164	0.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$191,535	88.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,878,225
Total Liabilities	$0
Net Assets	$1,878,225

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,309,681

Expenses

$402,464

Net Income

$907,217

Net Assets

$200,278

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$526,085	40.2%
Interest Revenue	$0
Dividends	$10	0.0%
Sales of Assets	$783,586	59.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$395,400	98.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$200,278
Total Liabilities	$0
Net Assets	$200,278

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,533,324

Expenses

$720,465

Net Income

$812,859

Net Assets

$78,101

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$784,446	51.2%
Interest Revenue	$0
Dividends	$315	0.0%
Sales of Assets	$748,563	48.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$718,450	99.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$78,101
Total Liabilities	$0
Net Assets	$78,101

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$252,279

Expenses

$664,239

Net Income

-$411,960

Net Assets

$11,303

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$251,954	99.9%
Interest Revenue	$0
Dividends	$325	0.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$641,800	96.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,303
Total Liabilities	$0
Net Assets	$11,303

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Updated December 22, 2025

Cnc Foundation Tr

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.48M (2024)

Expenses $1.96M (2024)

Total Assets $1.91M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

$1.48M (2024)

Expenses

$1.96M (2024)

Total Assets

$1.91M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

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2023

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2022

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2021

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2020

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2019

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2018

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2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

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