Desert Community Foundation
- Assets
- $33.7m
- Revenue
- $11.4m
- Investments
- $32.1m
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- 07/1999
- Data as of
- 06/2021
- EIN
- 95-4725924
Organization Overview
Desert Community Foundation is located in Palm Desert, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desert 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, Desert Community Foundation generated $11.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $4.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Desert Community Foundation has awarded 308 individual grants totaling $7,250,338. 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 ENCOURAGE AND FACILITATE CHARITABLE GIVING IN OUR DESERT COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GRANT MAKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary C Panesar Executive Director & Secre | Officer | 40 | $85,971 |
Richard R Oliphant Chairman & Board Member | Officer | 1 | $0 |
Sandra M Comrie Board Member | Trustee | 1 | $0 |
Jack Shakely Board Member Emeritus | Trustee | 1 | $0 |
Edward Tauber Board Member | Trustee | 1 | $0 |
Dorothy Hamilton Board Member | Trustee | 1 | $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 | $5,127,224 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,127,224 |
| Total Program Service Revenue | $325,669 |
| Investment income | $396,956 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,677,379 |
| Net Income from Fundraising Events | $263,057 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,418,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,519,854 |
| Grants and other assistance to domestic individuals. | $1,544,974 |
| 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 | $121,616 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,325 |
| Payroll taxes | $10,172 |
| Fees for services: Management | $376,563 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,903 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,613 |
| Office expenses | $9,355 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,479 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $356 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,252 |
| All other expenses | $0 |
| Total functional expenses | $4,789,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,385 |
| Savings and temporary cash investments | $1,281,009 |
| 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 | $0 |
| Investments—other securities | $32,088,517 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,702,911 |
| Accounts payable and accrued expenses | $10,105 |
| 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 | $10,105 |
| Net assets without donor restrictions | $33,692,806 |
| 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 | $33,702,911 |
Grants Awarded
Over the last fiscal year, Desert Community Foundation has awarded $399,094 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
THE HUNTINGTON PURPOSE: GENERAL SUPPORT | $70,000 |
Thousand Palms, CA PURPOSE: GENERAL SUPPORT | $51,493 |
Kanab, UT PURPOSE: GENERAL SUPPORT | $51,493 |
EISENHOWER MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $40,000 |
Indio, CA PURPOSE: GENERAL SUPPORT | $22,288 |
Everett, WA PURPOSE: GENERAL SUPPORT | $22,068 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Desert Community Foundation has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Warnack Foundation Lancaster, CA PURPOSE: FUND SUPPORT FOR COMMUNITY MUSEUM | $5,000 |
Mike And Jan Salta Foundation Indian Wells, CA PURPOSE: GENERAL | $5,000 |
Clark Lewis Family Foundation Portland, OR PURPOSE: PROGRAM SUPPORT | $2,000 |
Del Re Foundation Long Beach, CA PURPOSE: GENERAL OPERATING | $1,000 |
Pyle Foundation Madison, WI PURPOSE: GENERAL SUPPORT | $1,000 |
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 |