Belmont-Redwood Shores Public School Foundation
- Assets
- $6.4m
- Revenue
- $3.4m
- Investments
- $1.3m
- Employees
- 2
- Location
- Belmont, CA
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 91-2159650
Organization Overview
Belmont-Redwood Shores Public School Foundation is located in Belmont, CA. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Belmont-Redwood Shores Public School Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont-Redwood Shores Public School 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 06/2022, Belmont-Redwood Shores Public School Foundation generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 9.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION RAISES MONEY TO HELP SUPPLEMENT THE FUNDS OF THE BELMONT-REDWOOD SHORES SCHOOL DISTRICT FOR TEACHERS AND PROGRAMS TO ENSURE AN EXCEPTIONAL EDUCATION FOR THE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO THE BELMONT-REDWOOD SHORES SCHOOL DISTRICT TO FUND TEACHERS, LIBRARY, MUSIC, SCIENCE, AND WRITING PROGRAMS FOR THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ardythe Andrews Executive Director | Officer | 40 | $126,609 |
Susan Alley Operations Manager | Officer | 20 | $56,809 |
Aaron Daru Operations | OfficerTrustee | 5 | $0 |
Sandra Sanvido Past President | OfficerTrustee | 10 | $0 |
Eric Bookstein Treasurer | OfficerTrustee | 8 | $0 |
Cristen Shinbashi Financial Secretary | OfficerTrustee | 2 | $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 | $2,897,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,897,693 |
| Total Program Service Revenue | $0 |
| Investment income | $27,746 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$152 |
| Net Income from Fundraising Events | $522,556 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,447,843 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,853,284 |
| 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. | $183,418 |
| Compensation of current officers, directors, key employees. | $9,171 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,382 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,604 |
| Fees for services: Other | $30,430 |
| Advertising and promotion | $48,474 |
| Office expenses | $24 |
| 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 | $5,911 |
| All other expenses | $0 |
| Total functional expenses | $3,237,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,955,325 |
| Pledges and grants receivable | $143,721 |
| 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 | $1,261,708 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,548 |
| Total assets | $6,362,302 |
| Accounts payable and accrued expenses | $587,816 |
| 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 | $587,816 |
| Net assets without donor restrictions | $5,741,486 |
| Net assets with donor restrictions | $33,000 |
| 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 | $6,362,302 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Belmont-Redwood Shores Public School Foundation has recieved totaling $1,163,895.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $847,409 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $102,696 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $102,696 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $37,761 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $29,130 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $11,200 |
Endowment Analysis
| Beg. Balance | $1,035,532 |
| Earnings | -$153,071 |
| Net Contributions | $1,000,394 |
| Ending Balance | $1,882,855 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The University Corporation San Francisco State San Francisco, CA | $47,309,090 | $29,247,706 |
California State University Dominguez Hills Foundation Carson, CA | $11,765,317 | $14,222,352 |
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
Allan Hancock College Foundation Santa Maria, CA | $20,101,421 | $6,236,200 |
Wave Property Inc Malibu, CA | $0 | -$40,507 |
U C Riverside Foundation Riverside, CA | $204,662,854 | $24,632,492 |
San Francisco State University Foundation San Francisco, CA | $183,676,818 | $22,479,029 |
10000 Degrees San Rafael, CA | $19,169,911 | $12,132,333 |
Klare Holdings Los Angeles, CA | $259,758,492 | $15,264,279 |
California State University - Northridge Foundation Northridge, CA | $300,894,352 | $70,202,583 |
John H & Cynthia Lee Smet Foundation Manhattan Beach, CA | $180,146,566 | $55,938,171 |
Riverside County Office Of Education Foundation Riverside, CA | $343,683 | $10,179,019 |