The San Bruno Community Foundation
- Assets
- $36.8m
- Revenue
- $712.7k
- Investments
- $0.0
- Employees
- 3
- Location
- San Bruno, CA
- Founding
- 10/2014
- Data as of
- 06/2023
- EIN
- 36-4777648
Organization Overview
The San Bruno Community Foundation is located in San Bruno, CA. The organization was established in 2014. 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 06/2023, San Bruno Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Bruno 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 06/2023, San Bruno Community Foundation generated $712.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (43.7%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, San Bruno Community Foundation has awarded 149 individual grants totaling $57,514,583. 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 SERVE THE SAN BRUNO COMMUNITY BY INVESTING IN PROJECTS, PROGRAMS, SERVICES, AND FACILITIES THAT HAVE SIGNIFICANT AND LASTING BENEFITS. THROUGH MAKING GRANTS, LEVERAGING PARTNERSHIPS, AND TAKING ADVANTAGE OF OTHER RESOURCES, THE ORGANIZATION ASSISTS AND ENABLES THE COMMUNITY TO MAXIMIZE SHARED INVESTMENTS AND REALIZE THEIR SUBSEQUENT ENHANCEMENTS AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE CRESTMOOR NEIGHBORHOOD MEMORIAL SCHOLARSHIP, THE FOUNDATION HONORS THE COMMUNITY MEMBERS WHO MOST DIRECTLY ENDURED THE DESTRUCTION OF THE SEPTEMBER 9, 2010, GAS PIPELINE EXPLOSION AND INVESTS IN SAN BRUNO'S NEXT GENERATION OF LEADERS. IN 2023, THE FOUNDATION AWARDED COLLEGE SCHOLARSHIPS TO TEN SAN BRUNO STUDENTS WHO HAVE DEMONSTRATED A STRONG COMMITMENT TO THE SAN BRUNO COMMUNITY.
AS PART OF ITS STRATEGIC GRANTMAKING EFFORTS, THE FOUNDATION IDENTIFIES AND PROACTIVELY ADDRESSES SPECIFIC COMMUNITY NEEDS THROUGH INVESTMENTS IN PROGRAMS, PROJECTS, AND COMMUNITY FACILITIES. IN 2022-2023, THE FOUNDATION AWARDED THREE STRATEGIC GRANTS TO THE CITY OF SAN BRUNO RELATED TO THE SAN BRUNO RECREATION AND AQUATIC CENTER PROJECT (FOR CONSTRUCTION), COMMUNITY DAY, CENTENNIAL PLAZA IMPROVEMENTS, AND ONE GRANT TO SAN BRUNO PARK SCHOOL DISTRICT FOR SCHOOL FIELD TRIPS & ASSEMBLIES.
THE COMMUNITY GRANTS FUND ENABLES LOCAL COMMUNITY ORGANIZATIONS TO APPLY FOR GRANTS OF UP TO $25,000 FOR PROJECTS AND PROGRAMS BENEFITING THE SAN BRUNO COMMUNITY. IN THE PROGRAM'S SEVENTH YEAR, THE FOUNDATION AWARDED 24 GRANTS TOTALING $310,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malissa Netane-Jones President | OfficerTrustee | 10 | $0 |
Jim Ruane Vice President | OfficerTrustee | 7 | $0 |
Pak Lin Treasurer | OfficerTrustee | 4 | $0 |
Raul Gomez Secretary | OfficerTrustee | 3 | $0 |
Supriya S Perry Board Member | Trustee | 3 | $0 |
Irving Torres Board Member | 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 | $101,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,736 |
| Total Program Service Revenue | $0 |
| Investment income | $1,422,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$811,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $712,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,375,000 |
| Grants and other assistance to domestic individuals. | $160,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $202,043 |
| Compensation of current officers, directors, key employees. | $61,272 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,283 |
| Pension plan accruals and contributions | $10,102 |
| Other employee benefits | $2,708 |
| Payroll taxes | $15,073 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,959 |
| Fees for services: Accounting | $32,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118,337 |
| Fees for services: Other | $32,778 |
| Advertising and promotion | $0 |
| Office expenses | $1,852 |
| Information technology | $2,548 |
| Royalties | $0 |
| Occupancy | $16,349 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,261 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,587 |
| All other expenses | $1,968 |
| Total functional expenses | $3,068,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,708 |
| Savings and temporary cash investments | $212,014 |
| 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 | $16,605 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $36,314,509 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,814 |
| Total assets | $36,779,650 |
| Accounts payable and accrued expenses | $35,730 |
| Grants payable | $9,590,187 |
| 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 | $28,905 |
| Total liabilities | $9,654,822 |
| Net assets without donor restrictions | $27,023,628 |
| Net assets with donor restrictions | $101,200 |
| 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 | $36,779,650 |
Grants Awarded
Over the last fiscal year, The San Bruno Community Foundation has awarded $2,357,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ART IN ACTION PURPOSE: EXPANSION OF ARTS ED TO ELEMENTARY SCHOOLS | $22,000 |
CASA OF SAN MATEO COUNTY PURPOSE: SAN BRUNO FOSTER AND JUVENILE YOUTH | $15,000 |
CORA (COMMUNITY OVERCOMING RELATIONSHIP ABUSE) PURPOSE: CRISIS SUPPORT SERVICES FOR DV VICTIMS/SURVIVORS | $25,000 |
EDGEWOOD CENTER FOR CHILDREN AND FAMILIES PURPOSE: TAY & MOBILE DROP BY CENTER | $15,000 |
LEGAL AID SOCIETY OF SAN MATEO COUNTY PURPOSE: HOMESAVERS PROGRAM | $15,000 |
LATINO COMMISSION ON ALCOHOL & DRUG ABUSE SERVICES PURPOSE: ENTRE FAMILIA OUTPATIENT SERVICES | $15,000 |