Belvedere Community Foundation
- Assets
- $3.4m
- Revenue
- $160.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Belvedere Tiburon, CA
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 94-3127427
Organization Overview
Belvedere Community Foundation is located in Belvedere Tiburon, CA. The organization was established in 1991. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belvedere 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 12/2021, Belvedere Community Foundation generated $160.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $343.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Belvedere Community Foundation has awarded 29 individual grants totaling $550,308. 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 PRESERVE AND ENHANCE THE QUALITY OF LIFE IN BELVEDERE. TO FORM A RESERVE FUND WITH CONTRIBUTIONS FROM ALL BELVEDERE CITIZENS. TO PROVIDE GRANTS TO SUPPORT PROJECTS AND VOLUNTEERS WORKING TO ENHANCE THE QUALITY OF LIFE IN BELVEDERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BELVEDERE COMMUNITY FOUNDATION MAKES GRANTS TO SUPPORT VARIOUS ORGANIZATIONS IN LINE WITH THEIR MISSION STATEMENT. THE MOST SIGNIFICANT GRANTS OF 2021 ARE AS FOLLOWS. $35K FOR THE CITY OF BELVEDERE RENOVATION OF BELVEDERE PLAYGROUND PROJECT TO REFURBISH PLAYGROUND EQUIPMENT. $25K FOR THE BELVEDERE TIBURON LIBRARY TO CREATE A SEATING AREA WITH A DONOR WALL. $15K FOR TIBURON PENINSULA TRAFFIC RELIEF YELLOW BUS CHALLENGE TO PROVIDE REDUCED RATE BUS PASSES FOR DISADVANTAGED FAMILIES IN THE REED UNION SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Fisher Co Vice President | OfficerTrustee | 3 | $0 |
Doug Patterson Co Vice President | OfficerTrustee | 3 | $0 |
Claus Lund Treasurer | OfficerTrustee | 5 | $0 |
Sue Hoeschler President | Officer | 5 | $0 |
Anne Butler Trustee | Trustee | 3 | $0 |
Whitney Lee Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,138 |
| Total Program Service Revenue | $0 |
| Investment income | $81,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $535 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $302,450 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,597 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,344 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,245 |
| Office expenses | $1,193 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $4,473 |
| All other expenses | $1,981 |
| Total functional expenses | $343,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,709 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,343,568 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,378,277 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,370,427 |
| Net assets with donor restrictions | $7,850 |
| 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 | $3,378,277 |
Grants Awarded
Over the last fiscal year, Belvedere Community Foundation has awarded $302,450 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF BELVEDERE PURPOSE: Golden Gate Lanes Block GrantPlaygroud | $228,500 |
Belvedere, CA PURPOSE: Support new outdoor seating area | $25,000 |
TIBURON PENINSULA TRAFFIC RELIEF PURPOSE: Support free student bus passes | $15,000 |
CONCERTS IN THE PARK PURPOSE: Local music event support | $10,000 |
Belvedere, CA PURPOSE: Pandemic support | $5,000 |
San Rafael, CA PURPOSE: Support Sr programs at Marin Village | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Belvedere Community Foundation has recieved totaling $68,350.
| Awarding Organization | Amount |
|---|---|
Marin Community Foundation Novato, CA PURPOSE: SUPPORT THE EUCALYPTUS PATH | $26,750 |
Jewish Community Federation Of S F Marin Peninsula & Sonoma Counties San Francisco, CA PURPOSE: PUBLIC/SOCIETY BENEFIT | $25,100 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Inland Empire Community Foundation Riverside, CA | $130,560,827 | $28,925,228 |
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |