Rodan & Fields Prescription For Change Foundation
- Assets
- $4.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 51-0665342
Organization Overview
Rodan & Fields Prescription For Change Foundation is located in San Francisco, CA. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Rodan & Fields Prescription For Change 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, Rodan & Fields Prescription For Change Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rodan & Fields Prescription For Change Foundation has awarded 32 individual grants totaling $11,386,307. 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
THE PFC FOUNDATION SUPPORTS STUDENTS IN NEED ON THEIR JOURNEY TO BECOMING A PRESCRIPTION FOR CHANGE IN THEIR COMMUNITIES BY FOSTERING BELIEF IN THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MADE GIFTS TO PUBLIC CHARITIES WHICH PROVIDE SUPPORT AND RESTORE HOPE FOR BRIGHTER, PRODUCTIVE FUTURES FOR LIVES AT RISK. THE FOUNDATION DISSOLVED FEBRUARY 17, 2022.
THE FOUNDATION MADE GIFTS TO PUBLIC CHARITIES WHICH PROVIDE SUPPORT AND RESTORE HOPE FOR BRIGHTER, PRODUCTIVE FUTURES FOR LIVES AT RISK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Tim Falla Chairman | OfficerTrustee | 1 | $0 |
Lynn Emmolo Secretary | OfficerTrustee | 2 | $0 |
Janine Weber Member | OfficerTrustee | 1 | $0 |
Michelle Leetham Member | OfficerTrustee | 1 | $0 |
Cheryl Nelson Treasurer | Officer | 1 | $0 |
Dr Tim Falla Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,828,657 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,065 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,863,722 |
| Total Program Service Revenue | $0 |
| 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 | $2,863,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,545,721 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $451,149 |
| 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 | $319,983 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,988 |
| Fees for services: Accounting | $170,671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,943 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $30,066 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $448 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,963,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,289,894 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $711,752 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,001,646 |
| Accounts payable and accrued expenses | $328,038 |
| 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 | $328,038 |
| Net assets without donor restrictions | $3,673,608 |
| 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 | $4,001,646 |
Grants Awarded
Over the last fiscal year, Rodan & Fields Prescription For Change Foundation has awarded $2,545,721 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BUILDON PURPOSE: GENERAL GRANT | $512,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: DISASTER RESPONDER PROGRAM | $262,000 |
EARTH TEAM PURPOSE: COMMUNITY FUND GRANT | $10,000 |
SVCF YOUTH EMPOWERMENT FUNDING ACCOUNT PURPOSE: YOUTH EMPOWERMENT | $1,205,000 |
FOUNDATION FOR STUDENTS RISING ABOVE PURPOSE: COMMUNITY FUND GRANT | $15,000 |
LARKIN STREET YOUTH SERVICES PURPOSE: DEI WORK | $17,000 |