Community Foundation Santa Cruz County
- Assets
- $201.6m
- Revenue
- $52.1m
- Investments
- $3.0m
- Employees
- 22
- Location
- Aptos, CA
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 94-2808039
Organization Overview
Community Foundation Santa Cruz County is located in Aptos, CA. The organization was established in 1982. 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 Santa Cruz County employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Santa Cruz 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 Santa Cruz County generated $52.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $28.3m during the year ending 12/2021. While expenses have increased by 21.7% 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, Community Foundation Santa Cruz County has awarded 1,579 individual grants totaling $81,571,007. 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
TO PROMOTE PHILANTHROPY TO MAKE SANTA CRUZ COUNTY A BETTER PLACE TO LIVE, NOW AND IN THE FUTURE
Describe the Organization's Program Activity:
DONOR-ADVISED AND DISCRETIONARY FUNDS HELD AT THE FOUNDATION PROVIDED GRANTS TO TAX-EXEMPT 501(C)(3) NONPROFIT ORGANIZATIONS, CHARITABLE ORGANIZATIONS AND PUBLIC SECTOR SERVICE AGENCIES IN SANTA CRUZ COUNTY AND BEYOND IN SIX BROAD FIELDS OF INTEREST DESIGNATED BY OUR BOARD OF DIRECTORS AS CORE TO OUR MISSION. THESE ARE: ARTS, HISTORY AND CULTURE; COMMUNITY DEVELOPMENT; EDUCATION/YOUTH SERVICES; ENVIRONMENT; HEALTH, AND; HUMAN SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan True CEO | Officer | 40 | $247,400 |
Susan Farrar Chief Operating & Financial Officer | Officer | 40 | $184,980 |
Tim Carson Program Director - Rwmf | 0 | $155,458 | |
Sam Leask Philanthropic Services Director | 40 | $146,313 | |
Freny Cooper Vice President | OfficerTrustee | 1 | $0 |
Jim Weisenstein Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $410,922 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,433,321 |
| Noncash contributions included in lines 1a–1f | $16,053,217 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,844,243 |
| Total Program Service Revenue | $76,415 |
| Investment income | $3,154,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,841,609 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,106,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,885,844 |
| Grants and other assistance to domestic individuals. | $294,100 |
| 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 | $1,853,292 |
| Pension plan accruals and contributions | $102,452 |
| Other employee benefits | $215,484 |
| Payroll taxes | $135,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,449 |
| Fees for services: Accounting | $370,838 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $437,170 |
| Fees for services: Other | $0 |
| Advertising and promotion | $58,540 |
| Office expenses | $23,623 |
| Information technology | $287,077 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,942 |
| Interest | $36,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $271,849 |
| Insurance | $0 |
| All other expenses | $244,488 |
| Total functional expenses | $28,345,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,995,820 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $340,136 |
| Accounts receivable, net | $1,978 |
| 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 | $34,402 |
| Net Land, buildings, and equipment | $9,599,638 |
| Investments—publicly traded securities | $179,524,037 |
| Investments—other securities | $2,960,680 |
| Investments—program-related | $2,674,625 |
| Intangible assets | $0 |
| Other assets | $2,497,476 |
| Total assets | $201,628,792 |
| Accounts payable and accrued expenses | $834,154 |
| Grants payable | $1,163,195 |
| 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 | $907,529 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,568,154 |
| Total liabilities | $4,473,032 |
| Net assets without donor restrictions | $197,155,760 |
| Net assets with donor restrictions | $0 |
| 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 | $201,628,792 |
Grants Awarded
Over the last fiscal year, Community Foundation Santa Cruz County has awarded $22,910,960 in support to 287 organizations.
| Grant Recipient | Amount |
|---|---|
RANCHO CORRALITOS LLC PURPOSE: COMMUNITY DEVELOPMENT | $2,000,000 |
Santa Cruz, CA PURPOSE: ENVIRONMENT | $1,559,950 |
Watsonville, CA PURPOSE: HUMAN SERVICES | $1,293,278 |
Santa Cruz, CA PURPOSE: HUMAN SERVICES | $924,791 |
Watsonville, CA PURPOSE: HUMAN SERVICES | $663,113 |
Felton, CA PURPOSE: HUMAN SERVICES | $634,050 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Community Foundation Santa Cruz County has recieved totaling $6,441,174.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: General Nonprofit Support | $4,064,178 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: LOCAL GRANTMAKING | $650,000 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA PURPOSE: THE PEOPLE'S LAND FUND WATSONVILLE | $500,000 |
Regional Water Management Foundation A Subsidiary Of The Aptos, CA PURPOSE: ADMINISTRATION OF STATE GRANTS AND IRWM COORDINATION SERVICES | $410,923 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $169,648 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $139,800 |
Endowment Analysis
| Beg. Balance | $69,330,387 |
| Earnings | $9,969,586 |
| Admin Expense | $1,295,325 |
| Net Contributions | $6,193,315 |
| Grants | $3,666,882 |
| Ending Balance | $80,531,080 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Community Foundation Santa Cruz County Aptos, CA | $201,628,792 | $52,106,005 |
Nevada Community Foundation Inc Las Vegas, NV | $244,409,532 | $23,282,106 |
Liberty Hill Foundation Los Angeles, CA | $22,845,623 | $26,116,303 |
Sacramento Region Community Foundation Sacramento, CA | $172,758,711 | $24,599,020 |