Fontana Foundation Of Hope
- Assets
- $12.3m
- Revenue
- $1.0m
- Investments
- $5.6m
- Employees
- 0
- Location
- Fontana, CA
- Founding
- 09/2015
- Data as of
- 06/2022
- EIN
- 47-2207167
Organization Overview
Fontana Foundation Of Hope is located in Fontana, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Fontana Foundation Of Hope 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 06/2022, Fontana Foundation Of Hope generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $552.4k during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 4 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 2019, Fontana Foundation Of Hope has awarded 82 individual grants totaling $1,151,613. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTMAS TOY DONATION PROGRAM THAT PROVIDES TOYS TO UNDERPRIVELEGED CHILDREN IN THE FONTANA AREA. IN 2019 PROGRAM SERVED OVER 650 FAMILIES AND CHILDREN IN THE FONTANA UNIFIED SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John E Long President-Term End 8/2022 | 1 | $0 | |
Jacque Long President-Term Start 8/2022 | 1 | $0 | |
Jacque Long Vice President-Term End 8/2022 | 1 | $0 | |
David E Wibert Sr Secretary | 1 | $0 | |
Stephan Hill Treasurer | 1 | $0 | |
Mike Garcia Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $105,974 |
| Dividends & Interest | $48,212 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $321,003 |
| Capital Gain Net Income | $321,003 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $72,578 |
| Total Revenue | $1,047,767 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,993 |
| Depreciation | $118,560 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,053 |
| Other expenses | $132,852 |
| Total operating and administrative expenses | $333,689 |
| Contributions, gifts, grants paid | $218,752 |
| Total expenses and disbursements | $552,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $654,744 |
| Savings and temporary cash investments | $238,215 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $110,641 |
| Net Land, buildings, and equipment | $5,772,196 |
| Other assets | $0 |
| Total assets | $12,298,361 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fontana Foundation Of Hope has awarded $218,752 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ALMOND ELEMENTARY PURPOSE: BOOK TRAILER | $5,000 |
BMX SHARKS PURPOSE: SPONSORSHIP | $1,000 |
CANYON CREST ELEMENTARY PURPOSE: SUMMER BOTS PROGRAM | $10,000 |
CHAFFEY COLLEGE FOUNDATION PURPOSE: GOLF TOURNAMENT | $10,000 |
CHRISTMAS CHEER ALL YEAR PURPOSE: GOLF TOURNAMENT | $8,000 |
CITY OF FONTANA PURPOSE: WINTER FESTIVAL | $5,000 |