Second Core Foundation

Organization Overview

Second Core Foundation is located in Folsom, CA. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Core 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 12/2021, Second Core Foundation generated $534.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $274.2k during the year ending 12/2021. While expenses have increased by 8.5% 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.

Since 2015, Second Core Foundation has awarded 138 individual grants totaling $1,527,211. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $260,000
Interest on Savings $7
Dividends & Interest $36,359
Net Rental Income$0
Net Gain on Sale of Assets $238,477
Capital Gain Net Income $238,477
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $534,843

Grants Awarded

Over the last fiscal year, Second Core Foundation has awarded $227,500 in support to 13 organizations.

Grant RecipientAmount

PRAGERU

PURPOSE: GENERAL SUPPORT

$200,000

WILLIAM JESSUP UNIVERSITY

Org PageRecipient Profile

Rocklin, CA

PURPOSE: SCHOLARSHIPS, SCHOLARSHIP FUND

$8,500

West Sacramento, CA

PURPOSE: GENERAL SUPPORT

$5,000

CHAMBERLAIN COLLEGE OF NURSING SACRAMENTO

PURPOSE: SCHOLARSHIPS

$5,000

CAMPUS LIFE CONNECTION

Org PageRecipient Profile

West Sacramento, CA

PURPOSE: TO ADVANCE THE MISSION OF THE ORGANIZATION.

$1,000

BOISE STATE UNIVERSITY

PURPOSE: SCHOLARSHIPS

$1,000
View Grant Profile

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