Solano Community Foundation
- Assets
- $12.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Fairfield, CA
- Founding
- 03/1996
- Data as of
- 12/2021
- EIN
- 68-0354961
Organization Overview
Solano Community Foundation is located in Fairfield, CA. The organization was established in 1996. 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 12/2021, Solano Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solano 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 12/2021, Solano Community Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 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 2014, Solano Community Foundation has awarded 313 individual grants totaling $3,697,787. 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 SOLANO COMMUNITY FOUNDATION IS DEDICATED TO STRENGHTENING OUR COMMUNITY BOTH NOW AND FOR FUTURE GENERATIONS BY ASSUMING THE ROLES AND PERFORMING THE FUNCTIONS OF A "GRANTMAKER", A "VEHICLE FOR PHILANTHROPY", AND A "COMMUNITY LEADER".
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR FUND GRANTMAKING PROGRAMSSCF'S MAIN GOAL IS TO MEET THE NEEDS OF OUR DONORS AND COMMUNITY THROUGH FOUNDATION AND DONOR FUND GRANTMAKING. WE HELP THEM MEET THEIR PARTICULAR PHILANTHROPIC GOALS, MAXIMIZE THEIR INVESTMENT, AND ACHIEVE THE HIGHEST TAX SAVINGS. WE WORK WITH INDIVIDUALS, GROUPS, BUSINESSES, AND ORGANIZATIONS TO ESTABLISH ENDOWED OR NON-ENDOWED FUNDS. THESE FUNDS MAKE GRANTS TO QUALIFIED NONPROFITS WHOSE MISSIONS AND ACTIVITIES MATCH THEIR PHILANTHROPIC INTERESTS, AND SCHOLARSHIPS TO SCHOOLS TO PROVIDE FINANCIAL SUPPORT FOR SELECTED STUDENT RECIPIENTS. DONOR FUNDS MAKE COMPETITIVE AND NONCOMPETIVE GRANT AWARDS, AND SPAN DIFFERENT PROGRAM INTEREST AREAS.
SOLANO JUSTICE AND EQUITY FUND GRANT PROGRAM--JUSTJUSTICE & EQUITY GRANTS SUPPORT NONPROFITS AND FAITH-BASED ORGANIZATIONS (WITH A 501C3 DETERMINATION LETTER) WHO HAVE BEEN IMPACTED BY COVID-19, AND WHO ARE ADDRESSING SYSTEMIC DISPARITIES THROUGH THE BUILDING OF HEALTHY NEIGHBORHOODS, THE PROMOTION OF COMMUNITY HEALING, ORGANIZING AND ADVOCACY, SUPPORT FOR EMPLOYMENT, AND THE CREATION OF OPPORTUNITIES FOR OUR YOUTH. THE SOCIAL JUSTICE AND EQUITY FUND ALSO SUPPORTS THE SUSTAINABILITY, GROWTH, AND CAPACITY OF ORGANIZATIONS WHO PRIMARILY SERVE PEOPLE OF COLOR AND WHOSE STAFF AND GOVERNANCE IS REFLECTIVE OF THE COMMUNITY THEY SERVE. NOTE: THIS FUND HAD $42,277 AS A CARRYOVER BALANCE FROM 2020.
SOLANO DISASTER RELIEF FUND GRANT PROGRAM--SDRFDISASTER RELIEF GRANTS SUPPORT NONPROFIT PARTNERS WHO PROVIDE RELIEF AND RECOVERY EFFORTS FOR THOSE AFFECTED BY DISASTERS IN SOLANO COUNTY - IN 2020, THE DISASTER WAS THE LNU-19 COMPLEX FIRES THAT OCCURED IN AUGUST 2020. GRANTS FROM THIS FUND HELPED NONPROFIT AND FAITH-BASED ORGANIZATIONS RECEIVED GRANTS TO PROVIDE DIRECT RELIEF SERVICES, ACCESS TO RESOURCES, AND FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES IMPACTED BY THE WILDFIRES IN SOLANO COUNTY. NOTE: THIS FUND HAD $321,315 CARRYOVER BALANCE FROM 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance Harris CEO | Officer | 40 | $114,291 |
Henry Beecher Chair | OfficerTrustee | 1.5 | $0 |
Judi Booe Secretary/treasurer | OfficerTrustee | 1 | $0 |
Heather Henry Director | Trustee | 1 | $0 |
Andrea Knowles Director | Trustee | 1 | $0 |
Rosalind Reid Director | Trustee | 1 | $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 | $427,475 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $427,475 |
| Total Program Service Revenue | $0 |
| Investment income | $298,921 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $392,084 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,118,480 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $875,072 |
| Grants and other assistance to domestic individuals. | $45,499 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,291 |
| Compensation of current officers, directors, key employees. | $34,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,256 |
| Payroll taxes | $21,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,627 |
| Fees for services: Other | $2,724 |
| Advertising and promotion | $179 |
| Office expenses | $4,608 |
| Information technology | $30,681 |
| Royalties | $0 |
| Occupancy | $88,820 |
| Travel | $434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $800 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,567 |
| Insurance | $7,082 |
| All other expenses | $0 |
| Total functional expenses | $1,412,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,823 |
| Savings and temporary cash investments | $26,494 |
| 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 | $0 |
| Net Land, buildings, and equipment | $9,731 |
| Investments—publicly traded securities | $12,080,601 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,169,649 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $3,407,501 |
| Net assets with donor restrictions | $8,762,148 |
| 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 | $12,169,649 |
Grants Awarded
Over the last fiscal year, Solano Community Foundation has awarded $760,285 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
TOURO UNIVERSITY OF CALIFORNIA OFFICE OF SPONSORED PROGRAMS PURPOSE: WILDFIRE SMOKE HARM REDUCTION | $70,000 |
San Rafael, CA PURPOSE: SOLANO COUNTY CERT PROGRAM COORDINATOR | $50,000 |
San Francisco, CA PURPOSE: ROAD MAP TO RECOVERY PROGRAM SUPPORT | $50,000 |
Vallejo, CA PURPOSE: 2020-2021 VTH COMMUNITY CHRISTMAS CARD | $38,860 |
Fairfiled, CA PURPOSE: ASSISTANCE TO WDB'S CLIENTELE OF JOB CTR CUSTOMERS | $20,000 |
FAITH BIBLE CHURCH OF VALLEJO PURPOSE: 2020-2021 VTH COMMUNITY CHRISTMAS CARD | $19,430 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Solano Community Foundation has recieved totaling $119,943.
| Awarding Organization | Amount |
|---|---|
Public Health Institute Oakland, CA PURPOSE: Technical Assistance | $65,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Nonprofit/Philanthropy | $54,943 |
Endowment Analysis
| Beg. Balance | $7,137,223 |
| Net Contributions | $43,308 |
| Ending Balance | $7,180,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |
North Valley Community Foundation Chico, CA | $60,759,000 | $16,028,341 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
International Community Foundation National City, CA | $29,422,268 | $13,734,101 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA | $166,599,422 | $22,283,277 |
Community Foundation Of Western Nevada Reno, NV | $127,209,186 | $12,894,705 |
Humboldt Area Foundation Bayside, CA | $172,334,910 | $13,192,449 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ | $157,844,908 | $29,193,344 |
Mayors Fund For Los Angeles Los Angeles, CA | $12,037,706 | $5,243,106 |
Jewish Community Foundation Of Orange County Irvine, CA | $108,015,348 | $20,165,393 |
Pasadena Community Foundation Pasadena, CA | $160,872,116 | $33,042,535 |
Stanislaus Community Foundation Modesto, CA | $47,035,948 | $9,403,966 |