Fenwick Community Fund
- Assets
- $3.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-2487558
Organization Overview
Fenwick Community Fund is located in Mountain View, CA. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Fenwick Community Fund 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, Fenwick Community Fund generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (56.2%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Fenwick Community Fund has awarded 101 individual grants totaling $3,386,375. 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 FENWICK COMMUNITY FUND IS A PUBLIC BENEFIT COMMUNITY FOUNDATION CREATED ON SEPTEMBER 1, 2021 FOR THE BROAD-BASED PUBLIC BENEFIT THAT PROMOTES COLLECTIVE GIVING TO ORGANIZATIONS ADVANCING IMPORTANT SOCIETAL ISSUES SUCH AS ACCESS TO JUSTICE, RACIAL AND ECONOMIC EQUITY, FOOD SECURITY, DISASTER RELIEF, AND SLOWING CLIMATE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FENWICK COMMUNITY FUND (FUND OR FCF) IS A PUBLIC BENEFIT COMMUNITY FOUNDATION CREATED ON SEPTEMBER 1, 2021 FOR THE BROAD-BASED PUBLIC BENEFIT OF RESIDENTS IN THE BAY AREA. THE FUND IS A MEMBERSHIP-BASED ENTITY. THE MEMBERS APPOINT THE FUNDS BOARD MEMBERS. AS OF AND DURING THE PERIOD ENDED DECEMBER 31, 2022, THE ONLY MEMBER IS FENWICK & WEST, LLP. SUBSTANTIALLY ALL THE DONATIONS RECEIVED INTO THE FUND WERE FROM PARTNERS OR EMPLOYEES OF FENWICK & WEST, LLP.THE FUND PROVIDES GRANTS TO OTHER NONPROFIT ORGANIZATIONS.THE FUND OPERATES A DONOR ADVISED FUND (DAF) PROGRAM. THE POLICIES OF THE DAF PROGRAM PERMIT FUTURE GRANTS FOR CHARITABLE PURPOSES WHILE MAXIMIZING THE DONORS CURRENT TAX BENEFITS. THE DONOR CONTRIBUTES MONEY OR SECURITIES TO THE FUND AND MAY THEN RECOMMEND GRANTS FROM THE FUND. EACH PARTNER OF FENWICK & WEST LLP CAN ESTABLISH A DAF FUND AT THE FUND. THE FUND ACCEPTS CONTRIBUTIONS OF CASH AND SECURITIES. THE FUND HAS THE AUTHORITY TO LIQUIDATE ANY CONTRIBUTION IN THE MANNER AND AT A TIME SELECTED IN ITS OWN DISCRETION. UNLESS OTHERWISE AGREED BETWEEN FCF AND THE DONOR, FCF IS NOT SUBJECT TO ANY RESTRICTION OR CONDITION WITH RESPECT TO LIQUIDATING ANY CONTRIBUTION, INCLUDING WITHOUT LIMITATION THAT THE CONTRIBUTION BE RETAINED FOR ANY LENGTH OF TIME PRIOR TO LIQUIDATION, THAT THE CONTRIBUTION BE LIQUIDATED OR NOT LIQUIDATED IMMEDIATELY, OR THAT THE CONTRIBUTION BE LIQUIDATED IN ANY PARTICULAR MANNER OR SEQUENCE. ALL CONTRIBUTIONS TO THE DAF PROGRAM ARE IRREVOCABLE GIFTS AND MUST BE MADE WITHOUT ANY DONOR RESTRICTIONS TO THE FUND. FCF HAS ULTIMATE DISCRETION AND CONTROL OVER ALL PROPERTY IN THE FUND. ALL CONTRIBUTIONS TO THE FUND ARE SUBJECT TO THE FUNDS VARIANCE POWER, WHICH MEANS THAT AT ALL TIMES THE FUND RETAINS FULL DISCRETION AND CONTROL AND THAT THE FUND IS NOT BOUND BY THE GRANT RECOMMENDATIONS OF ANY ADVISOR OR DONOR AS DEFINED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodger Cole President | OfficerTrustee | 1 | $0 |
Hilarie Atkisson Secretary | OfficerTrustee | 2 | $0 |
Richard Dickson 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 | $2,435,011 |
| Noncash contributions included in lines 1a–1f | $2,365,931 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,435,011 |
| Total Program Service Revenue | $0 |
| Investment income | $28,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,463,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,655,518 |
| 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 | $29,841 |
| Fees for services: Accounting | $26,365 |
| 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 | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,714,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,019,038 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,019,038 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $5,186 |
| 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 | $5,186 |
| Net assets without donor restrictions | $3,013,852 |
| Net assets with donor restrictions | $0 |
| 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 | $3,019,038 |
Grants Awarded
Over the last fiscal year, Fenwick Community Fund has awarded $3,386,375 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY INTL PURPOSE: GENERAL OPERATING | $11,300 |
AMERICAN CIVIL LIBERTIES FDN PURPOSE: GENERAL OPERATING | $8,450 |
ANIMAL LEGAL DEFENSE FUND PURPOSE: GENERAL OPERATING | $6,900 |
18 REASONS TOTAL PURPOSE: GENERAL OPERATING | $12,000 |
ALLIES PALS CAT RESCUE PURPOSE: GENERAL OPERATING | $10,000 |
AMERICAN ENDOWMENT FOUNDATION PURPOSE: GENERAL OPERATING | $18,200 |