Litchfield Foundation
- Assets
- $1.4m
- Revenue
- $118.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 47-2488698
Organization Overview
Litchfield Foundation is located in San Rafael, CA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Litchfield 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, Litchfield Foundation generated $118.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 55.0% each year .
Since 2018, Litchfield Foundation has awarded 40 individual grants totaling $197,200. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST UNDERSERVED AND/OR DISADVANTAGED PERSONS AND GROUPS THROUGH EDUCATION AND RECREATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO PROGRAM SERVICES PROVIDED YET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry Litchfield Board Member | 1 | $0 | |
Charles Litchfield Managing Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $9 |
| Dividends & Interest | $21,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $91,584 |
| Capital Gain Net Income | $91,584 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36 |
| Total operating and administrative expenses | $17,454 |
| Contributions, gifts, grants paid | $55,600 |
| Total expenses and disbursements | $73,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,458 |
| Savings and temporary cash investments | $96,924 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $520 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $54,467 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,436,397 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $247,050 |
| Total liabilities | $247,050 |
Grants Awarded
Over the last fiscal year, Litchfield Foundation has awarded $55,600 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MARIN HISTORY MUSEUM PURPOSE: CELEBRATE THE TRADITIONS OF THE PEOPLE OF MARIN COUNTY, CALIFORNIA | $25,000 |
San Rafael, CA PURPOSE: CHARITY COMMITTED TO KEEPING CHINA CAMP OPEN | $10,000 |
SF-MARIN FOOD BANK PURPOSE: PROVIDE MEALS FOR LOW INCOME FAMILIES | $5,000 |
GOOD TIDINGS PURPOSE: CHILDREN'S CHARITY PROVIDING ACCESS TO SPORTS | $5,000 |
San Rafael, CA PURPOSE: SPONSER LIFETIME ACHEIVEMENT AWARD DINNER FOR PHILANTHROPIC ATTORNEY, GARY RAGGHIANTI | $5,000 |
EXTRAFOODORG PURPOSE: USE EXCESS FOOD FROM ANY MARIN ORGANIZATION AND DELIVER TO NONPROFIT PARTNERS WHO SERVE VULNERABLE COMMUNITIES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mental Health For Children Inc Springfield, OR | $5,065,120 | $7,331,896 |
Changelab Solutions Oakland, CA | $15,746,986 | $13,606,627 |
Spur-San Francisco Bay Are Planning And Urban Research Association San Francisco, CA | $18,179,408 | $7,467,044 |
East Bay Innovation Academy Oakland, CA | $2,595,879 | $8,649,182 |
Equality California Institute Los Angeles, CA | $3,410,779 | $5,992,471 |
Palo Alto Public Improvement Corporation Palo Alto, CA | $158,763,344 | $1,679,598 |
Vermont Village Human Services Corporation Los Angeles, CA | $28,001,792 | $4,364,948 |
Folded Flag Foundation Inc Las Vegas, NV | $11,013,213 | $5,308,956 |
Greater Reno Community Ice Skating Association Reno, NV | $10,174,749 | $2,449,166 |
Sedona Airport Administration Sedona, AZ | $10,897,473 | $3,704,767 |
The Corporation For Manufacturing Excellence Manex San Ramon, CA | $2,191,918 | $2,802,835 |
Governors Inaugural Fund 2019 Sacramento, CA | $10,549 | $0 |