San Marcos Community Foundation
- Assets
- $1.4m
- Revenue
- $50.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- San Marcos, CA
- Founding
- 01/1991
- Data as of
- 06/2022
- EIN
- 33-0259068
Organization Overview
San Marcos Community Foundation is located in San Marcos, CA. The organization was established in 1991. 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. This organization is the central organization for a national or regional group of organizations. San Marcos Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, San Marcos Community Foundation generated $50.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $76.8k during the year ending 06/2022. While expenses have increased by 4.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ORGANIZATIONS AND CHARITIES SPECIALIZING IN PROGRAMS TO BENEFIT THE SAN MARCOS COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL GRANTS MADE BY THE SAN MARCOS COMMUNITY FOUNDATION MUST SUPPORT SAN MARCOS RESIDENTS. APPLYING NONPROFITS ARE ENCOURAGED TO ASK FOR WHAT THEY NEED, AND ALL COMPLETED APPLICATIONS ARE CAREFULLY REVIEWED. BOARD MEMBERS ROTATE SERVING ON THE GRANTS COMMITTEE AND GO ON SITE VISITS FOR GRANTS UNDER CONSIDERATION. GRANTS ARE MADE TO A VARIETY OF NONPROFIT ORGANIZATIONS SERVING THE COMMUNITY, WITH A BRIEF FOLLOW-UP REPORT REQUIRED. REQUESTS EXCEED AVAILABLE FUNDS. MINI-GRANTS (UP TO $1,500) ARE DECIDED 11 TIMES PER YEAR, BASED ON A ONE-PAGE APPLICATION PLUS DOCUMENTATION. REGULAR GRANTS (UP TO $10,000) ARE DECIDED QUARTERLY, BASED ON THE ABOVE PLUS A TWO-PAGE NARRATIVE. THE ADVISORY BOARD PROVIDES ADDITIONAL INSIGHTS REGARDING COMMUNITY NEEDS AND TRENDS AND MEETS WITH THE BOARD AT LEAST ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Gendel Vice President | OfficerTrustee | 1 | $0 |
Colleen Lukoff President | OfficerTrustee | 5 | $0 |
Phillip Scollick Sec/city Clerk | Officer | 0 | $0 |
Lisa Fowler Dir Finance | Officer | 1 | $0 |
Taylor Thompson Director | Trustee | 1 | $0 |
Claudia Loeber Director | Trustee | 1 | $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 | $1,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,716 |
| Total Program Service Revenue | $0 |
| Investment income | $49,218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,837 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,067 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $835 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $76,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,370,400 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,370,400 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $139,409 |
| Total liabilities | $139,409 |
| Net assets without donor restrictions | $222,500 |
| Net assets with donor restrictions | $1,008,491 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,370,400 |
Grants Awarded
Over the last fiscal year, San Marcos Community Foundation has awarded $26,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Encinitas, CA PURPOSE: HOMELESS PREVENTION & INTERVENTION | $7,500 |
Encinitas, CA PURPOSE: HOMELESS PREVENTION & INTERVENTION | $7,500 |
Oceanside, CA PURPOSE: APPLIANCES AT SOBER LIVING HOME | $5,500 |
Oceanside, CA PURPOSE: APPLIANCES AT SOBER LIVING HOME | $5,500 |
Endowment Analysis
| Beg. Balance | $1,007,633 |
| Net Contributions | $858 |
| Ending Balance | $1,008,491 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pasadena Community Foundation Pasadena, CA | $160,872,116 | $33,042,535 |
Stanislaus Community Foundation Modesto, CA | $47,035,948 | $9,403,966 |
Old Pueblo Community Services Tucson, AZ | $5,295,377 | $8,453,026 |
Oregon Jewish Community Foundation Portland, OR | $113,748,806 | $13,935,130 |
Community Foundation Of The Napa Valley Napa, CA | $64,371,837 | $19,995,222 |
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ | $76,675,258 | $14,514,261 |
Shasta Regional Community Foundation Redding, CA | $33,649,369 | $8,814,085 |
Maricopa County Community College District Foundation Tempe, AZ | $57,726,324 | $17,323,301 |
Troopsdirect Inc San Ramon, CA | $1,749,204 | $6,174,707 |
Portland Community College Foundation Inc Portland, OR | $27,749,544 | $7,912,133 |
Los Altos Community Foundation Los Altos, CA | $24,821,882 | $9,736,995 |
Community Foundation Of San Joaquin Inc Stockton, CA | $29,819,876 | $11,764,048 |