Lafayette Community Foundation
- Assets
- $228.3k
- Revenue
- $307.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, CA
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 80-0022897
Organization Overview
Lafayette Community Foundation is located in Lafayette, CA. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lafayette 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 12/2022, Lafayette Community Foundation generated $307.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $265.8k during the year ending 12/2022. While expenses have increased by 26.9% per year over the past 8 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 2022, Lafayette Community Foundation has awarded 11 individual grants totaling $162,692. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOUNDATION OF LAFAYETTE HELPS CONNECT GENEROUS AND DEDICATED DONORS WITH LOCAL CAUSES BY SUPPORTING NONPROFITS, PROGRAMS AND PROJECTS THAT PROMOTE AND ENHANCE THE CIVIC, CULTURAL, EDUCATIONAL AND GENERAL WELL-BEING OF LAFAYETTE AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED IN 1999 WITH THE GOAL OF EXPANDING CHARITABLE GIVING IN LAFAYETTE, THE COMMUNITY FOUNDATION OF LAFAYETTE'S PURPOSE IS TO CONTRIBUTE TO THE WELL BEING OF THE RESIDENTS OF LAFAYETTE, AND TO PROVIDE AN EFFECTIVE AND EFFICIENT CONDUIT FOR THE EXPENDITURES OF NEW FUNDS ON CHARITABLE PROJECTS WITHIN THE COMMUNITY. THE COMMUNITY FOUNDATION OF LAFAYETTE SUPPORTS PROJECTS THAT PROMOTE THE CIVIC, CULTURAL, EDUCATIONAL AND ENVIRONMENTAL HEALTH OF LAFAYETTE. THE FOUNDATION SUPPLEMENTS THE FINANCIAL NEEDS OF EXISTING LOCAL CHARITABLE ORGANIZATIONS AND, AT THE SAME TIME, PROVIDES FINANCIAL SUPPORT FOR NEW PROGRAMS OFFERING THE PROMISE OF MEETING COMMUNITY NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Noll Chairman | OfficerTrustee | 3 | $0 |
Grace Dixon Secretary | OfficerTrustee | 2 | $0 |
Carol Fedrighi Governance | OfficerTrustee | 2 | $0 |
Victoria Demoss Treasurer | OfficerTrustee | 4 | $0 |
Michele Sahar Asst Treasurer | OfficerTrustee | 2 | $0 |
Mary Newman Development | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $102,562 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $159,117 |
| Noncash contributions included in lines 1a–1f | $17,556 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,679 |
| Total Program Service Revenue | $0 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$56,474 |
| Net Income from Gaming Activities | $2,570 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $307,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $231,742 |
| 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 | $1,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,030 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $83 |
| 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 | $1,515 |
| All other expenses | $1,746 |
| Total functional expenses | $265,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,089 |
| Savings and temporary cash investments | $178,676 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,109 |
| 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 | $398 |
| 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 | $228,272 |
| Accounts payable and accrued expenses | $5,607 |
| 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 | $5,607 |
| Net assets without donor restrictions | $221,557 |
| Net assets with donor restrictions | $1,108 |
| 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 | $228,272 |
Grants Awarded
Over the last fiscal year, Lafayette Community Foundation has awarded $162,692 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
LAMORINDA ADULT RESPITE CTR | | | $6,000 |
LAFAYETTE HISTORICAL SOCIETY | | | $6,992 |
FOOD BANK OF CC & SOLANO CTYS | | | $18,000 |
LAMORINDA SPIRIT VAN PROGRAM | | | $25,000 |
LAMORINDA VILLAGE | | | $23,000 |
MEALS ON WHEELS-CONTRA COSTA | | | $10,000 |