Santa Fe Community Foundation
- Assets
- $107.5m
- Revenue
- $26.2m
- Investments
- $0.0
- Employees
- 25
- Location
- Santa Fe, NM
- Founding
- 11/1982
- Data as of
- 12/2020
- 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 12/2021, Santa Fe Community Foundation employed 25 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 12/2020, Santa Fe Community Foundation generated $26.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $21.7m during the year ending 12/2020. While expenses have increased by 13.2% per year over the past 6 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 1,896 individual grants totaling $57,601,283. 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
2020
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:
Part 3 - Line 4a
GRANTS ARE MADE FROM DONOR ADVISED, DESIGNATED, SCHOLARSHIP, DISCRETIONARY, AND EMERGENCY FUNDS. 85,000 SERVED.
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. 10,000 SERVED.
GRANTS ARE MADE FROM ENDOWMENT FUNDS TO LOCAL NONPROFIT ORGANIZATIONS IN THE ARTS, CIVIC AFFAIRS, EDUCATION, ENVIRONMENT, AND HEALTH AND HUMAN SERVICES.
THE PINON AWARDS IS AN ANNUAL EVENT WHEREBY THE FOUNDATION RECOGNIZES LOCAL NONPROFIT ORGANIZATIONS FOR THEIR ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Sokol-White CFO | Officer | 40 | $167,523 |
Gabriela Gomez VP For Development | Officer | 40 | $103,433 |
Sue Coliton Board Member Interim Pres./ceo (thru July 2021) | OfficerTrustee | 40 | $94,958 |
Christopher Goett President & CEO (started July 2021) | Officer | 40 | $87,424 |
Christiana Franklin Vp Cmty Philanthropy (thru Aug 2021) | Officer | 40 | $84,083 |
William Finnoff Co Vice-Chair | OfficerTrustee | 10 | $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 | $211,595 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,622,315 |
| Noncash contributions included in lines 1a–1f | $2,393,702 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,833,910 |
| Total Program Service Revenue | $15,010 |
| Investment income | $2,842,609 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $56,698 |
| Net Gain/Loss on Asset Sales | $2,461,240 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$29,638 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,179,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,298,642 |
| 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. | $663,259 |
| Compensation of current officers, directors, key employees. | $152,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,059,527 |
| Pension plan accruals and contributions | $24,079 |
| Other employee benefits | $129,985 |
| Payroll taxes | $121,399 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $468,804 |
| Fees for services: Other | $914,007 |
| Advertising and promotion | $14,850 |
| Office expenses | $175,682 |
| Information technology | $203,143 |
| Royalties | $0 |
| Occupancy | $96,972 |
| Travel | $31,826 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,216 |
| Insurance | $17,846 |
| All other expenses | $3,170 |
| Total functional expenses | $21,695,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,825,597 |
| Pledges and grants receivable | $2,040 |
| Accounts receivable, net | $14,174 |
| 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 | $95,250 |
| Net Land, buildings, and equipment | $2,269,477 |
| Investments—publicly traded securities | $85,712,443 |
| Investments—other securities | $0 |
| Investments—program-related | $2,047,307 |
| Intangible assets | $0 |
| Other assets | $542,461 |
| Total assets | $107,508,749 |
| Accounts payable and accrued expenses | $412,068 |
| 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 | $4,551,520 |
| Total liabilities | $4,963,588 |
| Net assets without donor restrictions | $10,835,798 |
| Net assets with donor restrictions | $91,709,363 |
| 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 | $107,508,749 |
Grants Awarded
Over the last fiscal year, Santa Fe Community Foundation has awarded $8,244,236 in support to 271 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $315,000 |
Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $250,945 |
Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $221,301 |
Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $201,550 |
Santa Cruz, NM PURPOSE: GENERAL OPERATING SUPPORT | $191,500 |
Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $172,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Santa Fe Community Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Mary And George Herbert Zimmerman Foundation Troy, MI PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $93,015,402 |
| Earnings | $15,231,076 |
| Net Contributions | $6,159,856 |
| Other Expense | $5,700,792 |
| Grants | $5,896,930 |
| Ending Balance | $102,808,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Antonio Area Foundation San Antonio, TX | $587,345,748 | $192,937,536 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $855,000,248 | $159,496,642 |
Community Foundation Of North Texas Fort Worth, TX | $520,525,998 | $72,575,782 |
Rose Community Foundation Denver, CO | $325,610,267 | $15,145,306 |
Astros Golf Foundation Houston, TX | $9,630,590 | $24,941,045 |
Santa Fe Community Foundation Santa Fe, NM | $107,508,749 | $26,179,829 |
The Community Foundation Of Utah Salt Lake City, UT | $90,613,858 | $42,536,089 |
Houston Jewish Community Foundation Houston, TX | $219,913,135 | $24,014,170 |
Aspen Community Foundation Basalt, CO | $62,511,754 | $28,301,426 |
Impact Charitable Denver, CO | $10,724,494 | $21,202,015 |
El Paso Community Foundation El Paso, TX | $84,044,216 | $21,715,289 |
Dallas Jewish Community Foundation Dallas, TX | $257,889,567 | $62,022,140 |