San Joaquin Community Foundation Inc
- Assets
- $41.9m
- Revenue
- $13.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Stockton, CA
- Founding
- 03/2008
- Data as of
- 12/2023
- EIN
- 26-1476916
Organization Overview
San Joaquin Community Foundation Inc is located in Stockton, CA. The organization was established in 2008. 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 12/2023, San Joaquin Community Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Joaquin Community Foundation Inc 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 12/2023, San Joaquin Community Foundation Inc generated $13.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $7.8m during the year ending 12/2023. While expenses have increased by 22.1% per year over the past 9 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, San Joaquin Community Foundation Inc has awarded 147 individual grants totaling $3,386,688. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP, PROMOTE A CULTURE OF GIVING & CREATE RESOURCES THAT ADDRESS THE NEEDS OF SAN JOAQUIN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED 561 GRANTS TO NON-PROFIT ORGANIZATIONS PRIMARILY SERVING SAN JOAQUIN COUNTY REGION. IN ADDITION, THE FOUNDATION PROVIDED APPROXIMATELY 76 SCHOLARSHIPS TO YOUTH IN SAN JOAQUIN.
THE FOUNDATION SERVED AS A FISCAL SPONSOR FOR SEVERAL CHARITABLE INITIATIVES INCLUDING INCLUSIVE ECONOMY FUND TO EMPOWER MARGINALIZED COMMUNITITES AND SUPPORT INCLUSIVE WORKFORCE PLANNING EFFORTS IN THE STOCKTON REGION, AND THE OPEN FOR BUSINESS TECHNICAL ASSISTANCE FUND TO ESTABLISH AND GROW PRIMARILY MINORITY-OWNED SMALL BUSINESSES.
THE FOUNDATION ADMINISTERS AND MAINTAINS DONOR ADVISED FUNDS, WHICH PROVIDE DONORSWITH THE OPPORTUNITY TO INVEST AND GROW THEIR CHARITABLE RESOURCES TO MAKE GRANTS THAT SUPPORT THEIR CHARITABLE CAUSES OF CHOICE AND ALSO ADD ADDITIONAL CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moses Zapien Ceo/president | Officer | 40 | $195,135 |
Sue Shalvey Fmr Past Chair | Trustee | 1 | $0 |
Peter Ragsdale Chairperson | OfficerTrustee | 1 | $0 |
Edith Sumaquial Fmr Vice Chair | OfficerTrustee | 1 | $0 |
Daryl Petrick Treasurer | OfficerTrustee | 1 | $0 |
Jean Callahan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $495,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,734,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,229,124 |
| Total Program Service Revenue | $344,155 |
| Investment income | $264,883 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $386,934 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,225,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,415,230 |
| 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. | $195,135 |
| Compensation of current officers, directors, key employees. | $195,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,486 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,662 |
| Payroll taxes | $56,017 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $93,843 |
| Fees for services: Other | $121,809 |
| Advertising and promotion | $19,967 |
| Office expenses | $10,670 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,779 |
| Travel | $24,999 |
| 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 | $9,568 |
| Insurance | $5,331 |
| All other expenses | $60,295 |
| Total functional expenses | $7,761,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,242,508 |
| Savings and temporary cash investments | $574,937 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $129,723 |
| 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 | $26,404 |
| Net Land, buildings, and equipment | $30,153 |
| Investments—publicly traded securities | $23,907,079 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,910,804 |
| Accounts payable and accrued expenses | $474,824 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $14,126,859 |
| 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 | $14,601,683 |
| Net assets without donor restrictions | $2,913,711 |
| Net assets with donor restrictions | $24,395,410 |
| 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 | $41,910,804 |
Grants Awarded
Over the last fiscal year, San Joaquin Community Foundation Inc has awarded $1,278,051 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL PROTECTION LEAGUE | | | $15,000 |
CATHOLIC CHARITIES OF DIOCESE | | | $15,000 |
CITY OF LODI PARKS REC DEP | | | $12,000 |
CITY SYSTEMS | | | $25,000 |
COMMON GROUND SENIOR SERVICES | | | $10,000 |
EMERGENCY FOOD BANK OF STOCK | | | $10,000 |