Community Foundation Of Merced County
- Assets
- $1.6m
- Revenue
- $197.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Merced, CA
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 86-1151358
Organization Overview
Community Foundation Of Merced County is located in Merced, CA. The organization was established in 2006. 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, Community Foundation Of Merced County employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Merced County 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, Community Foundation Of Merced County generated $197.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $297.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Community Foundation Of Merced County has awarded 68 individual grants totaling $751,548. 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
ENSURE A PERMANENT SOURCE OF CHARITABLE FUNDS IN MERCED COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A PERMANENT SOURCE OF CHARITABLE FUNDS IN MERCED COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Del Real Board Member | Trustee | 1 | $0 |
Billie Razzari Board Member | Trustee | 1 | $0 |
Carrie Kelley Secretary | OfficerTrustee | 1 | $0 |
Ryan Heller Vice Chair | Trustee | 1 | $0 |
Bill Cummings Board Chair | Trustee | 1 | $0 |
Daniel Royer Board Member | 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 | $128,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,914 |
| Total Program Service Revenue | $0 |
| Investment income | $46,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $197,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $179,241 |
| 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 | $47,442 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,916 |
| Office expenses | $1,187 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,800 |
| 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 | $2,675 |
| All other expenses | $6,229 |
| Total functional expenses | $297,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,996 |
| Savings and temporary cash investments | $813 |
| 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 | $0 |
| Investments—publicly traded securities | $1,526,697 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,622,506 |
| Accounts payable and accrued expenses | $3,340 |
| 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 | $726 |
| Total liabilities | $4,066 |
| Net assets without donor restrictions | $1,493 |
| Net assets with donor restrictions | $1,616,947 |
| 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 | $1,622,506 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Merced County has awarded $78,930 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MERCED COMMUNITY COLLEGE PURPOSE: COMMUNITY ASSISTANCE | $8,000 |
LOVE INC OF GREATER MERCED PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
MARIPOSA SPCA PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
PACHECHO HIGH SCHOOL PURPOSE: COMMUNITY ASSISTANCE | $7,850 |
KNIGHTS OF COLUMBUS CHARITIES PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
UNITED WAY OF MERCED COUNTY PURPOSE: COMMUNITY ASSISTANCE | $10,000 |