Orange County Community Foundation
- Assets
- $457.4m
- Revenue
- $113.0m
- Investments
- $301.1m
- Employees
- 35
- Location
- Newport Beach, CA
- Founding
- 11/1994
- Data as of
- 06/2021
- EIN
- 33-0378778
Organization Overview
Orange County Community Foundation is located in Newport Beach, CA. The organization was established in 1994. 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 06/2021, Orange County Community Foundation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orange County 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 06/2021, Orange County Community Foundation generated $113.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $105.0m during the year ending 06/2021. While expenses have increased by 8.3% 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, Orange County Community Foundation has awarded 7,116 individual grants totaling $676,071,976. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
DISCRETIONARYIN ALIGNMENT WITH OUR MISSION TO CATALYZE SUSTAINABLE COMMUNITY IMPACT, OCCF CONTINUED TO DIRECT ITS DISCRETIONARY RESOURCES TOWARD MULTIPLE INITIATIVES: 1) WORKFORCE DEVELOPMENT INITIATIVE, $285,000 TO CONNECT EDUCATIONAL INSTITUTIONS AND WORKFORCE DEVELOPMENT PROGRAMS TO IN-DEMAND, MIDDLE-SKILLS JOBS WITHIN TARGETED SECTORS IN ORANGE COUNTY VIA FORMALIZED PIPELINES; 2) OC VETERANS INITIATIVE, $261,600 TOWARD ASSESSMENT, REFERRAL, TRANSITION SUPPORT, HEALTH, AND CAREER ADVANCEMENT FOR VETERANS RETURNING TO ORANGE COUNTY; AND 3) OC OPPORTUNITY INITIATIVE, $784,000 TOWARD ENSURING IMMIGRANTS SUCCESSFULLY INTEGRATE INTO THE ECONOMIC AND CIVIC LIFE OF OUR COMMUNITY. THESE INITIATIVES ARE MUCH MORE THAN RESPONSIVE GRANT PROGRAMS. IN EACH OF THESE INITIATIVES, OCCF IS THE TRUSTED COMMUNITY PARTNER WITH THE RELATIONSHIPS TO BOTH ASSEMBLE AND LEVERAGE FUNDING RESOURCES, AND THE CAPACITY TO FACILITATE STRONGER PARTNERSHIP BETWEEN NONPROFITS TO ACHIEVE COLLECTIVE IMPACT. WITH A RELATIVELY MODEST INVESTMENT OF OUR DISCRETIONARY GRANT FUNDS, OCCF LEVERAGED THE CONTRIBUTIONS OF A BROAD ARRAY OF DONORS AND FUNDERS TO MAGNIFY OUR COLLECTIVE IMPACT. IN ADDITION, OCCF CONTINUES TO SUPPORT LOCAL NONPROFITS THOUGH OC NONPROFIT CENTRAL, A PUBLICLY AVAILABLE DATABASE OF OVER 600 NONPROFITS LOCATED IN OR SERVING ORANGE COUNTY.
FIELD OF INTEREST AND LEGACY IN ALIGNMENT WITH OUR MISSION TO FAITHFULLY STEWARD THE INTENTIONS OF OUR DONORS, OCCF MAINTAINS SEVERAL FIELD OF INTEREST AND LEGACY FUNDS THAT AWARD GRANTS IN ARTS AND CULTURE, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, SPECIAL NEEDS AND NONPROFIT CAPACITY BUILDING. TOTAL GRANTS MADE THROUGH A COMPETITIVE SELECTION PROCESS FROM UNRESTRICTED AND FIELD OF INTEREST FUNDS WERE $3,198,000. THIS INCLUDED $608,975 TO PROTECT ENDANGERED SPECIES AND $384,000 TO SUPPORT THE HEALTH, EDUCATION, AND SOCIAL WELFARE OF WOMEN IN ORANGE COUNTY.
DONOR ADVISED AND SCHOLARSHIP FUNDS CONTRIBUTIONS TO DONOR ADVISED FUNDS (ENDOWED AND NONENDOWED) WERE $91,282,000. GRANTS FROM DONOR ADVISED FUNDS WERE $90,148,000. OCCF ALSO HAS OVER 85 SCHOLARSHIP FUNDS THAT HELPED MORE THAN 400 STUDENTS WITH SCHOLARSHIPS TOTALING $1,457,000. OTHER GRANTING TOTALED $1,963,000. OCCF FACILITATES CUSTOMIZED PROGRAMS FOR DONORS WITH SPECIAL INTERESTS INCLUDING THE OC SOCIAL INNOVATION FUND AND THE ORANGE COUNTY PROMISE FUND. IN ADDITION, WE ADMINISTER TWO COUNTYWIDE SCHOLARSHIP PROGRAMS: 1) THE HISPANIC EDUCATION ENDOWMENT FUND AND 2) THE AVID SCHOLARSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelley Hoss President & CEO | Officer | 40 | $394,043 |
Tammy Tumbling Evp & COO | Officer | 40 | $244,989 |
Tracy Branson Chief Financial Officer | Officer | 40 | $208,323 |
Todd Hanson VP Ctr For Engaged Philanthropy | 40 | $197,113 | |
Cathleen Otero VP Donor Relations & Programs | 40 | $163,805 | |
Greg Cravens Controller | 40 | $135,243 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,324,679 |
| Government grants | $2,907,024 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,989,976 |
| Noncash contributions included in lines 1a–1f | $50,847,627 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,221,679 |
| Total Program Service Revenue | $0 |
| Investment income | $2,008,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,100 |
| Net Gain/Loss on Asset Sales | $4,685,446 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $112,983,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $91,023,172 |
| Grants and other assistance to domestic individuals. | $1,476,927 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,655,243 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $985,632 |
| Compensation of current officers, directors, key employees. | $326,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,166,301 |
| Pension plan accruals and contributions | $84,743 |
| Other employee benefits | $210,890 |
| Payroll taxes | $207,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,833 |
| Fees for services: Accounting | $79,222 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $905,110 |
| Fees for services: Other | $163,900 |
| Advertising and promotion | $24,853 |
| Office expenses | $270,952 |
| Information technology | $216,377 |
| Royalties | $0 |
| Occupancy | $523,312 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,411 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,506 |
| Insurance | $13,274 |
| All other expenses | $0 |
| Total functional expenses | $104,997,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,463,792 |
| Savings and temporary cash investments | $57,325,531 |
| Pledges and grants receivable | $7,852,388 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,326,382 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $107,174 |
| Net Land, buildings, and equipment | $117,003 |
| Investments—publicly traded securities | $83,651,758 |
| Investments—other securities | $301,121,241 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $481,157 |
| Total assets | $457,446,426 |
| Accounts payable and accrued expenses | $513,987 |
| Grants payable | $13,630,031 |
| Deferred revenue | $7,908,749 |
| 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 | $2,560,250 |
| Total liabilities | $24,613,017 |
| Net assets without donor restrictions | $255,539,084 |
| Net assets with donor restrictions | $177,294,325 |
| 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 | $457,446,426 |
Grants Awarded
Over the last fiscal year, Orange County Community Foundation has awarded $89,353,515 in support to 809 organizations.
| Grant Recipient | Amount |
|---|---|
Long Beach, CA PURPOSE: HEALTH & WELLNESS | $10,000,000 |
Newport Beach, CA PURPOSE: COMMUNITY IMPROVEMENT & DEVELOPMENT | $7,564,154 |
Newport Beach, CA PURPOSE: HEALTH & WELLNESS | $4,079,034 |
Mclean, VA PURPOSE: COMMUNITY IMPROVEMENT & DEVELOPMENT | $3,250,000 |
Arlington, VA PURPOSE: ENVIRONMENT & ANIMAL WELFARE | $2,250,250 |
Terre Haute, IN PURPOSE: EDUCATION | $2,105,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Orange County Community Foundation has recieved totaling $10,400.
| Awarding Organization | Amount |
|---|---|
Elizabeth And Joseph Massoud Family Foundation Wilmington, DE PURPOSE: THE TK FOUNDATION SPIRIT FUND | $10,000 |
Lionel & Debra Dluna Family Foundation Irvine, CA PURPOSE: PHILANTHROPY EDUCATION | $400 |
Endowment Analysis
| Beg. Balance | $154,336,665 |
| Earnings | $45,660,858 |
| Admin Expense | $1,644,107 |
| Net Contributions | $8,716,074 |
| Other Expense | $53,470 |
| Grants | $7,562,171 |
| Ending Balance | $199,453,849 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Community Foundation Portland, OR | $3,083,541,362 | $417,266,834 |
California Community Foundation Los Angeles, CA | $1,735,264,630 | $440,080,131 |
East Bay Community Foundation Oakland, CA | $785,752,885 | $390,383,292 |
Marin Community Foundation Novato, CA | $755,211,408 | $235,366,683 |
The San Diego Foundation San Diego, CA | $1,302,414,916 | $197,035,758 |
Orange County Community Foundation Newport Beach, CA | $457,446,426 | $112,983,825 |
Arizona Community Foundation Phoenix, AZ | $1,066,072,012 | $211,703,650 |
Hawaii Community Foundation Honolulu, HI | $884,612,842 | $128,317,869 |
Ventura County Community Foundation Camarillo, CA | $181,940,704 | $53,185,473 |
Santa Barbara Foundation Santa Barbara, CA | $456,585,072 | $53,590,434 |
The San Bruno Community Foundation San Bruno, CA | $57,381,282 | $2,122,835 |
Community Foundation For Monterey County Monterey, CA | $347,659,194 | $59,371,913 |