Pasadena Community Foundation

Pasadena Community Foundation Overview

Pasadena Community Foundation is located in Pasadena, CA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Pasadena Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2020, Pasadena Community Foundation generated $20.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $10.0m during the year ending 12/2020. While expenses have increased by 15.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Pasadena Community Foundation has awarded 1,846 individual grants totaling $33,334,845. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PASADENA COMMUNITY FOUNDATION (PCF) STRIVES TO IMPROVE AND ENRICH LIVES OF PEOPLE IN THE GREATER PASADENA AREA THROUGH: THE ESTABLISHMENT AND MANAGEMENT OF CHARITABLE FUNDS WITH AN EMPHASIS ON PERMANENTLY ENDOWED FUNDS THAT BENEFIT THE LOCAL COMMUNITY, PROVIDING GRANTS AND SERVICES TO NON-PROFITS, WORKING WITH DONORS AND ENGAGING IN COMMUNITY PARTNERSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PCF STRIVES TO IMPROVE AND ENRICH LIVES OF PEOPLE IN THE GREATER PASADENA AREA THROUGH: THE ESTABLISHMENT AND MANAGEMENT OF CHARITABLE FUNDS WITH AN EMPHASIS ON PERMANENTLY ENDOWED FUNDS THAT BENEFIT THE LOCAL COMMUNITY, PROVIDING GRANTS AND SERVICES TO NON-PROFITS, WORKING WITH DONORS AND ENGAGING IN COMMUNITY PARTNERSHIPS. THIS GRANT INCLUDES PCF, DONOR ADVISED AND FIELD OF INTEREST GRANTS.


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Pasadena Community Foundation Board, Officers & Key Employees

Name (title)Compensation
Jennifer Devoll
Executive Director/ceo
$218,591
Mariver Copeland
Director Of Finance/cfo
$156,732
Margaret Mgrublian
Chair
$0
Eddie Newman
Secretary
$0
William Bogaard
Board Member
$0
Dave Beringer
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15,203,221
Noncash contributions included in lines 1a–1f $7,762,553
Total Revenue from Contributions, Gifts, Grants & Similar$15,203,221
Total Program Service Revenue$0
Investment income $4,006,924
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $892,367
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,117,512

Pasadena Community Foundation Grants Awarded

Over the last fiscal year, Pasadena Community Foundation has awarded $7,935,296 in support to 300 organizations.

Grant RecipientAmount

HUNTINGTON HOSPITAL OFFICE OF PHILANTHROPY

Org PageRecipient Profile

Pasadena, CA

PURPOSE: General Support

$816,700

Los Angeles, CA

PURPOSE: Womens Beach Volleyball

$500,000

US NAVAL ACADEMY FOUNDATION

Org PageRecipient Profile

Annapolis, MD

PURPOSE: USNA Annual Fund-Foundation (Fund 690000)

$260,000

PASADENA EDUCATIONAL FOUNDATION

Org PageRecipient Profile

Pasadena, CA

PURPOSE: PUSD's Master Gardener

$258,323

CEDARS-SINAI MEDICAL CENTER

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: Oncology Fellowship Program

$200,000

THE SALVATION ARMY

Org PageRecipient Profile

West Nyack, NY

PURPOSE: Hope Center

$200,000
View Grant Profile

Pasadena Community Foundation Grants Recieved

Over the last fiscal year, we have identified 7 grants that Pasadena Community Foundation has recieved totaling $195,000.

Awarding OrganizationAmount
Baltimore Family Fund Tr

Wilmington, DE

PURPOSE: PCF COVID-19 RESPONSE FUNDAND PASADENA COVID-19 DISASTER SMALL BUSINESS RELIEF FUND

$140,000
The Joseph B Gould Foundation

Calabasas, CA

PURPOSE: PROGRAM SERVICES

$20,000
The Joseph B Gould Foundation

Calabasas, CA

PURPOSE: PROGRAM SERVICES

$20,000
Robert A Waller Foundation

South Pasadena, CA

PURPOSE: SUPPORT

$5,000
Robert A Waller Foundation

South Pasadena, CA

PURPOSE: SUPPORT

$5,000
Gillespie Foundation

Pasadena, CA

PURPOSE: FOR VARIOUS CHARITABLE PURPOSE

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$66,001,056
Earnings$12,264,299
Admin Expense$96,356
Net Contributions$5,588,528
Other Expense$2,208,535
Ending Balance$81,548,992

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