Church of the Pioneers Foundation 
The information on this page was last updated 9/24/2026. If you see errors or omissions, please email: [email protected]
Summary
The Church of the Pioneers Foundation (COPF) is an independent foundation dedicated to helping Christ-centered ministries and missions flourish both now and in the future.
Contact information
Mailing address:
Church of the Pioneers Foundation
1155 University Drive Bldg 3
Menlo Park, CA 94025
Phone: (650) 324-1365
Organization details
EIN: 237428762
CEO/President: William Frimel
Chairman: Bryan Cameron
Board size: 12
Founder:
Ruling year: 1975
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: Yes
Member of ECFA since: 2021
Purpose
Mission statement
To support the mission and purpose of other publicly-supported religious organizations.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1139 of 1538 | 22 of 25 |
| Fund acquisition rating | | 450 of 1539 | 21 of 25 |
| Resource allocation rating | | 982 of 1539 | 16 of 25 |
| Asset utilization rating | | 1506 of 1539 | 25 of 25 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 81% | 32% | 28% | 1% | 55% | 43% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 19% | 68% | 72% | 99% | 45% | 57% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 96% | 89% | 89% | 89% | 88% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 79% | 53% | 27% | 60% | 128% | 34% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 47% | 24% | 53% | 113% | 31% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 21% | 47% | 73% | 40% | -28% | 66% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 4% | 12% | 3% | -1% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 4% | 11% | 11% | 11% | 12% | 10% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.29 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.21 | 6.17 | 5.07 | 8.93 | 8.24 | 9.65 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.31 | 0.25 | 0.20 | 0.37 | 0.34 | 0.31 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 329.51 | 73.13 | 83.36 | 31.65 | 36.87 | 576.31 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.01 | 0.01 | 0.03 | 0.03 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 38.01 | 48.04 | 59.46 | 31.29 | 34.32 | 38.47 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 2% | 15% | 16% | 18% | 19% | 21% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 15% | 16% | 17% | 18% | 21% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 324% | 2131% | 2122% | 1977% | 1975% | 2442% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $1,349,894 | $261,453 | $245,939 | $1,348,714 | $624,978 |
| Receivables, inventories, prepaids | $107,635 | $82,034 | $66,591 | $70,766 | $69,162 |
| Short-term investments | $7,481,589 | $10,239,645 | $4,890,652 | $4,032,638 | $4,342,203 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $8,939,118 | $10,583,132 | $5,203,182 | $5,452,118 | $5,036,343 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $26,433,899 | $23,744,969 | $24,769,778 | $25,731,072 | $25,102,556 |
| Other long-term assets | $19,800,635 | $19,289,814 | $16,483,917 | $13,759,178 | $18,448,931 |
| Total long-term assets | $46,234,534 | $43,034,783 | $41,253,695 | $39,490,250 | $43,551,487 |
| Total assets | $55,173,652 | $53,617,915 | $46,456,877 | $44,942,368 | $48,587,830 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $20,861 | $25,576 | $48,035 | $23,903 | $8,739 |
| Other current liabilities | $101,381 | $101,381 | $116,386 | $123,972 | $0 |
| Total current liabilities | $122,242 | $126,957 | $164,421 | $147,875 | $8,739 |
| Debt | $8,101,089 | $8,701,230 | $8,077,724 | $8,149,191 | $10,266,118 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $8,250 | $8,250 | $8,250 | $18,750 | $8,250 |
| Total long-term liabilities | $8,109,339 | $8,709,480 | $8,085,974 | $8,167,941 | $10,274,368 |
| Total liabilities | $8,231,581 | $8,836,437 | $8,250,395 | $8,315,816 | $10,283,107 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $38,387,208 | $37,044,408 | $31,280,887 | $29,915,691 | $30,296,363 |
| With donor restrictions | $8,554,863 | $7,737,070 | $6,925,595 | $6,710,861 | $8,008,360 |
| Net assets | $46,942,071 | $44,781,478 | $38,206,482 | $36,626,552 | $38,304,723 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $1,327,543 | $2,159,080 | $19,500 | $790,119 | $1,944,383 |
| Program service revenue | $1,698,067 | $1,697,463 | $1,821,888 | $1,683,334 | $1,342,146 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,119,487 | $3,835,351 | $1,381,453 | ($1,145,822) | $1,284,316 |
| Other revenue | $0 | $0 | $0 | $118,799 | $0 |
| Total other revenue | $2,817,554 | $5,532,814 | $3,203,341 | $656,311 | $2,626,462 |
| Total revenue | $4,145,097 | $7,691,894 | $3,222,841 | $1,446,430 | $4,570,845 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $1,958,678 | $1,873,940 | $1,713,147 | $1,640,842 | $1,409,408 |
| Management and general | $243,636 | $236,357 | $219,430 | $213,853 | $158,858 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $2,202,314 | $2,110,297 | $1,932,577 | $1,854,695 | $1,568,266 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $1,942,783 | $5,581,597 | $1,290,264 | ($408,265) | $3,002,579 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,942,783 | $5,581,597 | $1,290,264 | ($408,265) | $3,002,579 |
Compensation
| Name | Title | Compensation |
| Bill Frimel | President/CFO | $232,065 |
Compensation data as of: 8/31/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/24/2026. To update the information below, please email: [email protected]