Community Foundation San Luis Obispo County
- Assets
- $76.7m
- Revenue
- $16.9m
- Investments
- $25.2m
- Employees
- 13
- Location
- San Luis Obispo, CA
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 77-0496500
Organization Overview
Community Foundation San Luis Obispo County is located in San Luis Obispo, CA. The organization was established in 1999. 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 12/2021, Community Foundation San Luis Obispo County employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation San Luis Obispo County 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, Community Foundation San Luis Obispo County generated $16.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 6.5% 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 2016, Community Foundation San Luis Obispo County has awarded 978 individual grants totaling $16,730,087. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE A DIFFERENCE THROUGH PHILANTHROPIC LEADERSHIP - SEE SCHEDULE OTHE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY FULFILLS ITS MISSION BY:-ENGAGING PRIVATE GIVING FOR PUBLIC GOOD;-BUILDING AND MAINTAINING PERMANENT ENDOWMENTS TO RESPOND TO CHANGING COMMUNITY NEEDS;-PROVIDING FLEXIBLE TAX-EXEMPT VEHICLES FOR DONORS WITH VARIED CHARITABLE INTERESTS AND ABILITIES TO GIVE;-SERVING AS A CATALYST AND RESOURCE TO EFFECTIVELY RESPOND TO COMMUNITY NEEDS THROUGH SCHOLARSHIPS; AND-STRENGTHENING THE NON-PROFIT SECTOR THROUGH GRANTS AND DEVELOPMENT ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY SERVES THE ENTIRE COUNTY OF SAN LUIS OBISPO, FUNDING A WIDE RANGE OF INITIATIVES, PROJECTS AND ORGANIZATIONS. THROUGH THE GENEROSITY OF OUR DONORS, PAST AND PRESENT, PHILANTHROPY IS PROMOTED THAT STRENGTHENS CIVIC LIFE ACROSS THE SAN LUIS OBISPO COUNTY REGION IN RESPONSE TO THE EVER CHANGING DEMOGRAPHICS AND NEEDS OF OUR COMMUNITIES. WE FOCUS OUR GRANTMAKING ON THE FOLLOWING CORE AREAS: ARTS & CULTURE, EDUCATION, HEALTH, HUMAN SERVICES, SCHOLARSHIPS, ENVIRONMENT AND COMMUNITY ENHANCEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Mcpherson Chief Executive Officer | Officer | 50 | $173,373 |
Patricia Hammond Director Of Finance | Officer | 40 | $109,555 |
Jeff Buckingham President | OfficerTrustee | 4 | $0 |
Anita Robinson Treasurer | OfficerTrustee | 4 | $0 |
Suzanne Fritz Vice President | OfficerTrustee | 4 | $0 |
Kath Tompkins Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,349 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,177,619 |
| Noncash contributions included in lines 1a–1f | $648,203 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,180,968 |
| Total Program Service Revenue | $0 |
| Investment income | $1,409,144 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,493,337 |
| Net Income from Fundraising Events | $17,785 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,881,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,153,915 |
| Grants and other assistance to domestic individuals. | $402,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $282,928 |
| Compensation of current officers, directors, key employees. | $127,317 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,489 |
| Pension plan accruals and contributions | $19,491 |
| Other employee benefits | $54,978 |
| Payroll taxes | $48,515 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,353 |
| Fees for services: Accounting | $25,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $361,677 |
| Fees for services: Other | $44,823 |
| Advertising and promotion | $9,643 |
| Office expenses | $22,973 |
| Information technology | $50,018 |
| Royalties | $0 |
| Occupancy | $15,894 |
| Travel | $119 |
| 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 | $52,265 |
| Insurance | $17,707 |
| All other expenses | -$130,246 |
| Total functional expenses | $4,947,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,989 |
| Savings and temporary cash investments | $5,082,873 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $455,020 |
| 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 | $15,428 |
| Net Land, buildings, and equipment | $1,496,985 |
| Investments—publicly traded securities | $41,181,647 |
| Investments—other securities | $25,180,880 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,652,555 |
| Total assets | $76,668,377 |
| Accounts payable and accrued expenses | $56,566 |
| Grants payable | $454,259 |
| Deferred revenue | $25,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,604,796 |
| 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 | $781,085 |
| Total liabilities | $3,921,706 |
| Net assets without donor restrictions | $13,499,239 |
| Net assets with donor restrictions | $59,247,432 |
| 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 | $76,668,377 |
Grants Awarded
Over the last fiscal year, Community Foundation San Luis Obispo County has awarded $2,945,316 in support to 103 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA MID-STATE FAIR PURPOSE: ND PAYMENT TO REIMBURSE THE FAIR FOR THE JUNIOR LIVESTOCK AUCTION PURCHASES BY THE JWBYLF BUYERS CO,TO REIMBURSE THE FAIR FOR THE JUNIOR LIVESTOCK AUCTION PURCHASES BY THE JWBYLF BUYERS COALITION | $200,000 |
San Luis Obispo, CA PURPOSE: UNRESTRICTED,TO SUPPORT THE ORGANIZATIONAL MERGE WITH "RISE" | $153,000 |
Redwood City, CA PURPOSE: TO BENEFIT THE DEPT OF NEUROLOGY'S AUTONOMIC RESEARCH PROGRAM AND THE RESEARCH DONE BY DR. SAFWAN JARADEH,TO BENEFIT THE CANCER DISCOVERY FUND | $150,000 |
Santa Maria, CA PURPOSE: TO SUPPORT NORTH COUNTY OPERATIONS,TO SUPPORT SAN LUIS OBISPO COUNTY PROGRAMS,TO SUPPORT THE CONSTRUCTION OF THE TOM MAAS CLUBHOUSE AT THE PASO ROBLES LOCATION | $125,000 |
Atascadero, CA PURPOSE: TO SUPPORT NORTH COUNTY NEIGHBORAID,HEALTH AND HUMAN SERVICES,2021 BUILD GRANT OVER 500K,SUPPORT FOR UNDOCUMENTED AND MIX STATUS FAMILIES.,TO SUPPORT THE PROMOTORES PROGRAM,TO BENEFIT VINEYARD AND FARM WORKER FAMILIES THROUGH THE UNDOCUSUPPORT PROGRAM,TO SUPPORT MARTHA'S PLACE CHILD ASSESSMENT CENTER PROGRAMS | $116,000 |
San Luis Obispo, CA PURPOSE: SENIOR HOME DELIVERY,2021 HEALTH & WELLNESS GRANT,GENERAL SUPPORT OF YOUR ORGANIZATION,UNRESTRICTED,CHILDREN'S BREAKFAST BAGS,2021 BUILD GRANT OVER 500K | $107,834 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Community Foundation San Luis Obispo County has recieved totaling $131,913.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $74,750 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,132 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Endowment Analysis
| Beg. Balance | $55,934,846 |
| Earnings | $6,509,319 |
| Net Contributions | $5,210,069 |
| Grants | -$3,362,230 |
| Ending Balance | $64,292,004 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |
North Valley Community Foundation Chico, CA | $60,759,000 | $16,028,341 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
International Community Foundation National City, CA | $29,422,268 | $13,734,101 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA | $166,599,422 | $22,283,277 |
Community Foundation Of Western Nevada Reno, NV | $127,209,186 | $12,894,705 |
Humboldt Area Foundation Bayside, CA | $172,334,910 | $13,192,449 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ | $157,844,908 | $29,193,344 |
Mayors Fund For Los Angeles Los Angeles, CA | $12,037,706 | $5,243,106 |
Jewish Community Foundation Of Orange County Irvine, CA | $108,015,348 | $20,165,393 |
Pasadena Community Foundation Pasadena, CA | $160,872,116 | $33,042,535 |
Stanislaus Community Foundation Modesto, CA | $47,035,948 | $9,403,966 |