Santa Fe Community Foundation
- Assets
- $115.1m
- Revenue
- $32.1m
- Investments
- $0.0
- Employees
- 28
- Location
- Santa Fe, NM
- Founding
- 11/1982
- Data as of
- 12/2022
- EIN
- 85-0303044
Organization Overview
Santa Fe Community Foundation is located in Santa Fe, NM. The organization was established in 1982. 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 12/2022, Santa Fe Community Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe 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, Santa Fe Community Foundation generated $32.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $20.6m during the year ending 12/2022. While expenses have increased by 9.0% 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 2014, Santa Fe Community Foundation has awarded 2,189 individual grants totaling $69,700,213. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SANTA FE COMMUNITY FOUNDATION INSPIRES PHILANTHROPIC GENEROSITY, STRENGTHENS NONPROFITS, AND FOSTERS POSITIVE CHANGE TO BUILD A MORE VIBRANT, HEALTHY, AND RESILIENT REGION.
Describe the Organization's Program Activity:
GRANTS ARE MADE FROM DONOR ADVISED, DESIGNATED, SCHOLARSHIP, DISCRETIONARY, AND EMERGENCY FUNDS.
THE PINON AWARDS IS AN ANNUAL EVENT WHEREBY THE FOUNDATION RECOGNIZES LOCAL NONPROFIT ORGANIZATIONS FOR THEIR ACHIEVEMENTS.
PROGRAM SERVICES INCLUDE GRANTS PROGRAM MANAGEMENT, LITERACY PROGRAM SUPPORT AND TECHNICAL ASSISTANCE TRAININGS FOR LOCAL NONPROFIT ORGANIZATIONS IN GRANTS RESEARCH, FINANCIAL MANAGEMENT, AND BOARD DEVELOPMENT.
GRANTS ARE MADE FROM ENDOWMENT FUNDS TO LOCAL NONPROFIT ORGANIZATIONS IN THE ARTS, CIVIC AFFAIRS, EDUCATION, ENVIRONMENT, AND HEALTH AND HUMAN SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Beloff Chair | OfficerTrustee | 10 | $0 |
William Finnoff Co Vice-Chair | OfficerTrustee | 10 | $0 |
Deborah Holloway Co Vice-Chair | OfficerTrustee | 10 | $0 |
Dolores Overton Treasurer | OfficerTrustee | 10 | $0 |
Marcos Zubia Secretary | OfficerTrustee | 10 | $0 |
Anna Marie Argilagos Board Member | Trustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Graystone Consulting Investment Advisory Services | 12/30/21 | $311,544 |
Avivar Capital Investment Advisory Services | 12/30/21 | $122,917 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $220,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,357,024 |
| Noncash contributions included in lines 1a–1f | $2,090,283 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,577,424 |
| Total Program Service Revenue | $28,568 |
| Investment income | $2,374,913 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $56,686 |
| Net Gain/Loss on Asset Sales | $942,069 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $122,589 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,102,537 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,938,594 |
| Grants and other assistance to domestic individuals. | $986,149 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $551,460 |
| Compensation of current officers, directors, key employees. | $211,536 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,140,193 |
| Pension plan accruals and contributions | $49,684 |
| Other employee benefits | $211,530 |
| Payroll taxes | $125,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,547 |
| Fees for services: Accounting | $41,912 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $490,886 |
| Fees for services: Other | $1,380,520 |
| Advertising and promotion | $51,681 |
| Office expenses | $58,013 |
| Information technology | $158,837 |
| Royalties | $0 |
| Occupancy | $173,092 |
| Travel | $45,143 |
| 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 | $108,051 |
| Insurance | $26,148 |
| All other expenses | $839,412 |
| Total functional expenses | $20,558,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,288,879 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,131 |
| 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 | $106,966 |
| Net Land, buildings, and equipment | $2,196,819 |
| Investments—publicly traded securities | $84,067,326 |
| Investments—other securities | $0 |
| Investments—program-related | $2,110,630 |
| Intangible assets | $0 |
| Other assets | $338,384 |
| Total assets | $115,131,135 |
| Accounts payable and accrued expenses | $398,953 |
| 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 | $4,647,099 |
| Total liabilities | $5,046,052 |
| Net assets without donor restrictions | $9,073,918 |
| Net assets with donor restrictions | $101,011,165 |
| 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 | $115,131,135 |
Grants Awarded
Over the last fiscal year, Santa Fe Community Foundation has awarded $12,098,930 in support to 293 organizations.
| Grant Recipient | Amount |
|---|---|
MCCALLUM THEATRE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
FORWARD TOGETHER STRONG FAMILIES NEW MEXICO PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
SIERRA CLUB FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $22,569 |
TIDES CENTER PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
SANTA CRUZ MUSEUM OF ART & HISTORY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
ARTS COUNCIL SANTA CRUZ COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |