Downtown Sacramento Foundation
- Assets
- $404.9k
- Revenue
- $219.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-2853432
Organization Overview
Downtown Sacramento Foundation is located in Sacramento, CA. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public 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. Downtown Sacramento 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, Downtown Sacramento Foundation generated $219.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $59.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE DOWNTOWN SACRAMENTO FOUNDATION (DSF) IS TO FOSTER CIVIC PRIDE AND ENHANCE THE QUALITY OF LIFE BY GENERATING ADDITIONAL SOURCES OF FUNDS TO SUPPORT THE IMPROVEMENT OF THE SOCIAL, PHYSICAL AND CULTURAL ENVIRONMENT OF DOWNTOWN SACRAMENTO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT: THE ECONOMIC DEVELOPMENT PROGRAMS BOTH AIMED AT SUPPORTING OUR EXISTING BUSINESSES DURING COVID. THE BUSINESS RELIEF PROVIDED GRANTS TO EXISTING BUSINESSES WHO INCURRED DAMAGE DUE TO PUBLIC UNREST, ASSISTING THEM IN REPAIRING THEIR FACADES AND DAMAGED WINDOWS. THE FORK TO FARM GRANTS WENT TO LOCAL RESTAURANTS ENCOURAGING THEM TO USE OUR SMALL LOCAL FARMS TO SECURE FOOD PRODUCTS AND ASSISTING FUNDING THEIR INVENTORY EXPENSES.
DREAMERS WELCOME: TO BUILD A COMMUNITY AND FOSTER SACRAMENTO'S ENTREPRENEURIAL SPIRIT AND CULTIVATE THE NEXT GENERATION OF DREAMERS. THE WINNER OF THIS COMPETITION WILL HAVE THE CHANCE TO OPEN A DOWNTOWN STOREFRONT, AND THE BUSINESS STARTUP PACKAGE WHICH HAS BEEN SPECIFICALLY DESIGNED TO PROVIDE THE WINNER WITH THE RESOURCES AND TOOLS NEEDED TO SUCCEED. INCLUDED IN THE AWARDED BUSINESS STARTUP PACKAGE ARE SERVICES DONATED BY LOCAL VENDORS TO THE WINNERS OF THE COMPETITION. THE ORGANIZATION RECEIVED DONATED SERVICES TOTALING $0 FOR THE YEAR.
DISTRICTING - PROGRAMS FOCUSED ON DEVELOPING THE OLD SACRAMENTO WATERFRONT AND THE KAY DISTRICT BRANDS, INCLUSIVE OF OSW WEBSITE DEVELOPMENT. ACTIVATION AND EVENT SUPPORT AND PHYSICAL BEAUTIFICATION PROJECTS SUCH AS LIGHTING, MURALS AND PARK DEVELOPMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Bjork Executive Officer,chair | OfficerTrustee | 1 | $0 |
Lloyd Harvego Executive Officer,treasurer | OfficerTrustee | 1 | $0 |
Joe Coomes Executive Officer,secretary | OfficerTrustee | 1 | $0 |
Paul Faries Board Director | Trustee | 0.5 | $0 |
Richard Robinson Board Director | Trustee | 0.5 | $0 |
Chris Barr Board Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $46,361 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,287 |
| Total Program Service Revenue | $2,557 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $219,844 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $4,501 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,635 |
| Advertising and promotion | $0 |
| Office expenses | $289 |
| 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 | $1,571 |
| All other expenses | $220 |
| Total functional expenses | $59,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $403,575 |
| 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 | $1,322 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $404,897 |
| Accounts payable and accrued expenses | $180 |
| 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 | $5,530 |
| Other liabilities | $0 |
| Total liabilities | $5,710 |
| Net assets without donor restrictions | $389,431 |
| Net assets with donor restrictions | $9,756 |
| 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 | $404,897 |
Grants Awarded
Over the last fiscal year, Downtown Sacramento Foundation has awarded $38,731 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA PURPOSE: ASSIST PERSONS WHO ARE HOMELESS OR AT RISK OF BECOMING HOMELESS TO FIND AND RETAIN STABLE AND AFFORDABLE HOUSING. | $15,731 |
Sacramento, CA PURPOSE: IMPLEMENTATION OF AN ARTS IN PUBLIC PLACES PROGRAM | $10,000 |
Sacramento, CA PURPOSE: PROVIDE SUPPORT FOR PEOPLE WITH MENTAL HEALTH CHALLENGES | $6,500 |
Sacramento, CA PURPOSE: PROVIDE COOKING AND NUTRITION EDUCATION TO LOW-INCOME ELEMENTARY CHILDREN | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Downtown Sacramento Foundation has recieved totaling $115,045.
| Awarding Organization | Amount |
|---|---|
Harvego Family Foundation Sacramento, CA PURPOSE: GENERAL DONATION | $65,000 |
Sacramento Downtown Partnership Inc Sacramento, CA PURPOSE: ICONIC SIGN SUPPORT | $25,000 |
Union Pacific Foundation Omaha, NE PURPOSE: PUBLIC BEAUTIFICATION | $20,000 |
CBC Charitable Foundation Oakland, CA PURPOSE: "CALLING ALLDREAMERS" COMPETITION | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |
Vine Street Archive Foundation Beverly Hills, CA | $42,869,625 | $7,457,505 |
Innovate Public Schools San Jose, CA | $9,500,964 | $7,956,314 |
Wadhwani Charitable Foundation Los Altos, CA | $157,667,028 | $40,374,553 |
Action Council Of Monterey County Inc Salinas, CA | $7,887,434 | $8,600,305 |
Napa Valley Vintners Healthy Community Fund St Helena, CA | $32,705,725 | $410,948 |
The Mickelson Foundation Inc La Quinta, CA | $3,360,146 | $7,165,635 |
Gofundme Org Los Altos, CA | $10,664,900 | $15,280,521 |
Opencollective Foundation Walnut, CA | $4,802,160 | $9,335,614 |
Community In Action Ontario, OR | $2,870,959 | $6,588,152 |