Solano Community Foundation
- Assets
- $12.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Fairfield, CA
- Founding
- 03/1996
- Data as of
- 12/2023
- 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 12/2023, Solano Community Foundation employed 8 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 12/2023, Solano Community Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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 388 individual grants totaling $4,882,464. 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
THE SOLANO COMMUNITY FOUNDATION IS DEDICATED TO STRENGTHENING OUR COMMUNITY BOTH NOW AND FOR FUTURE GENERATIONS BY ASSUMING THE ROLES AND PERFORMING THE FUCTIONS 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 PROGRAMS 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. OUR DONOR FUNDS MAKE GRANTS TO QUALIFIED NONPROFITS WHOSE MISSIONS AND ACTIVITIES MATCH FUNDER PHILANTHROPIC INTERESTS, AND AWARD SCHOLARSHIPS TO SCHOOLS TO PROVIDE FINANCIAL SUPPORT FOR STUDENT RECIPIENTS. DONOR FUNDS MAKE COMPETITIVE AND NONCOMPETIVE GRANT AWARDS, AND SPAN A VARIETY OF DIFFERENT PROGRAM INTEREST AREAS.
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. GRANTS FROM THIS FUND HELP NONPROFIT AND FAITH-BASED ORGANIZATIONS PROVIDE DIRECT RELIEF SERVICES, ACCESS TO RESOURCES, AND FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES IMPACTED BY WILDFIRES, POOR AIR QUALITY, FLOODING, AND OTHER DISASTERS IN SOLANO COUNTY.
EDUCATION PLUS! PROGRAM FUND -- EDPLGRANTS FROM OUR EDUCATION PLUS! FUND SUPPORT SCHOOLS, NONPROFITS, AND FAITH-BASED ORGANIZATIONS WHO ARE ADDRESSING READING AND MATH COMPETENCY DISPARITIES IN K-12 SOLANO SCHOOLS, THROUGH THE PROMOTION OF ACTIVITIES AND PROGRAMS THAT ENGAGE AND MOTIVATE STUDENTS, HELP PREPARE THEM FOR EMPLOYMENT OPPORTUNITIES, AND MENTORING LEADERSHIP PROGRAMS FOR OUR YOUTH.
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 |
|---|---|---|---|
Constance Harris CEO | Officer | 40 | $110,576 |
Henry Beecher Chairman | OfficerTrustee | 1.5 | $0 |
Rosalind Reid Director | Trustee | 1 | $0 |
Heather Henry Secretary | OfficerTrustee | 1 | $0 |
Benjamin Lafountain Treasurer | OfficerTrustee | 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 | $1,858,442 |
| Noncash contributions included in lines 1a–1f | $1,471,104 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,858,442 |
| Total Program Service Revenue | $0 |
| Investment income | $346,558 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $97,339 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,302,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $495,744 |
| 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. | $110,576 |
| Compensation of current officers, directors, key employees. | $27,644 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,652 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,600 |
| Payroll taxes | $23,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,260 |
| Information technology | $22,322 |
| Royalties | $0 |
| Occupancy | $88,819 |
| Travel | $1,209 |
| 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 | $2,837 |
| Insurance | $13,711 |
| All other expenses | $11,682 |
| Total functional expenses | $1,046,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,705 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,188 |
| Investments—publicly traded securities | $12,624,025 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,797,918 |
| 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 | $3,776,130 |
| Net assets with donor restrictions | $9,021,788 |
| 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 | $12,797,918 |
Grants Awarded
Over the last fiscal year, Solano Community Foundation has awarded $407,474 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ASSIST-A-GRAD SCHOLARSHIP FND | | | $5,256 |
CATHOLIC CHARITIES CYO | | | $18,750 |
BPO ELKS LODGE | | | $11,250 |
CHABAD OF SOLANO COUNTY | | | $25,500 |
CHURCH OF THE EPIPHANY | | | $10,000 |
FAITH BIBLE CHURCH OF VALLEJO | | | $9,500 |