Richmond Community Foundation

Organization Overview

Richmond Community Foundation is located in Richmond, CA. The organization was established in 2000. 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 06/2021, Richmond Community Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond 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 06/2021, Richmond Community Foundation generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $4.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Richmond Community Foundation has awarded 197 individual grants totaling $9,543,994. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD HEALTHY, SUSTAINABLE COMMUNITIES THROUGHOUT RICHMOND AND CONTRA COSTS COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPARKPOINT CONTRA COSTA: SERVED 1,034 CLIENTS THROUGH ITS FOUR OFFICES IN CONTRA COSTA COUNTY. THE PROGRAM CONTINUES TO EXCEED ITS METRICS FOR HELPING CLIENTS INCREASE INCOME, INCREASE SAVINGS, AND REDUCE DEBT. 74% OF CLIENTS MADE A 30% OR GREATER IMPROVEMENT WITH THEIR DEBT, INCOME, SAVINGS AND/OR CREDIT WITHIN 3 MONTHS TIME. SPCC ALSO HAS OFFICES AT THE CONTRA COSTA COLLEGE CENTER AND DIABLO VALLEY COLLEGE.


EQUIP RICHMOND: A MULTI-YEAR ECONOMIC REVITALIZATION STRATEGY THAT INCREASES AND SUSTAINS COMMUNITY ECONOMIC VIABILITY THROUGH SERVICES THAT IMPROVE ECONOMIC SELF-SUFFICIENCY AND HELP SMALL BUSINESSES CREATE AND SUSTAIN JOBS. THE GOALS OF THE PROJECT ARE TO BUILD THAT CAPACITY OF RICHMOND/NORTH RICHMOND COMMUNITY ORGANIZATIONS TO DELIVER ECONOMIC BENEFITS TO THEIR COMMUNITIES AND BUILD INDIVIDUAL CAPACITY AND BETTER CONDITIONS FOR CURRENT RESIDENTS. CURRENTLY FIVE PROJECTS ARE PART OF THE EQUIP RICHMOND INITIATIVE. THESE INCLUDE A COOPERATIVE BUSINESS HUB (COBIZ), A COMPREHENSIVE EMPLOYMENT TRAINING CENTER (CET), A SOCIAL ENTERPRISE FOR A LOCAL NONPROFIT (POGO PARK PRODUCTS), A CONSTRUCTION RESOURCE CENTER, AND FINALLY, BARRIER REMOVAL SERVICES FOR THOSE CLIENTS ENROLLED IN THE OTHER PROJECTS SO THAT THEY CAN ACHIEVE SUCCESS.


ENSURING OPPORTUNITY: A COLLABORATIVE EFFORT TO END POVERTY IN CONTRA COSTA BY FOCUSING ON POLICY CHANGE AND MOVEMENT BUILDING. IT'S CURRENT PRIORITIES INCLUDE POLICIES AND MOVEMENT BUILDING FOR RACIAL EQUITY, HOUSING STABILITY, AND BUDGET JUSTICE.


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Board, Officers & Key Employees

Name (title)Compensation
James Becker
President
$154,410
Stacy Street
Chief Operations Officer
$111,241
Mariana Moore
Senior Director
$110,840
Cynthia Leblanc
Chair
$0
Jorge Reyes
Secretary
$0
Richard Hong
Vice Chair
$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$3,771,864
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,771,864
Total Program Service Revenue$0
Investment income $133,855
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $631,728
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,537,447

Grants Awarded

Over the last fiscal year, Richmond Community Foundation has awarded $783,298 in support to 11 organizations.

Grant RecipientAmount

BRIGHTER BEGINNINGS

Org PageRecipient Profile

Richmond, CA

PURPOSE: SPARKPOINT

$176,640

Richmond, CA

PURPOSE: EQUIP RICHMOND

$144,000

COMMUNITY FINANACIAL RESOURCES CFR

Org PageRecipient Profile

Oakland, CA

PURPOSE: MOBILITY LABS AND HEALTHY RICHMOND

$113,866

OPPORTUNITY JUNCTION

Org PageRecipient Profile

Antioch, CA

PURPOSE: SPARKPOINT

$103,147

COMMUNITY HOUSING DEVELOPMENT CORP

Org PageRecipient Profile

Richmond, CA

PURPOSE: SPARKPOINT AND RICHMOND RAPID RESPONSE FUND

$90,410

BAY AREA LEGAL AIDE

Org PageRecipient Profile

Oakland, CA

PURPOSE: SPARKPOINT

$57,480
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Richmond Community Foundation has recieved totaling $2,000.

Awarding OrganizationAmount
Norman & Elaine Polsky Family Charitable Foundation

Overland Park, KS

PURPOSE: MOBILIZE THE POWER OF CONNECTION TO BUILD HEALTHY THRIVING COMMUNITIES -- RESTORE NEIGHBORHOODS, HEALTH COMMUNITY GROWTH, QUALITY EDUCATION AND PUBLIC SAFETY

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,456
Ending Balance$12,456

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