Marin Community Foundation
- Assets
- $963.5m
- Revenue
- $225.3m
- Investments
- $366.8m
- Employees
- 73
- Location
- Novato, CA
- Founding
- 01/1986
- Data as of
- 06/2022
- EIN
- 94-3007979
Organization Overview
Marin Community Foundation is located in Novato, CA. The organization was established in 1986. 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 06/2022, Marin Community Foundation employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marin 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 06/2022, Marin Community Foundation generated $225.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $581.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marin Community Foundation has awarded 6,971 individual grants totaling $987,817,015. 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
CHARITABLE GRANT MAKING TO NONPROFITS IN MARIN COUNTY, THE BAY AREA AND BEYOND.
Describe the Organization's Program Activity:
IN FISCAL YEAR 2022, MARIN COMMUNITY FOUNDATION (MCF) GRANTED OVER $197 MILLION FROM ITS FAMILY AND COMMUNITY FUNDS TO NONPROFITS IN MARIN COUNTY, ELSEWHERE IN THE U.S., AND AROUND THE WORLD. THESE GRANTS SUPPORTED A WIDE RANGE OF COMMUNITY NEEDS, INCLUDING SOCIAL SERVICES, EDUCATIONAL PROGRAMS, THE ARTS AND ENVIRONMENTAL ISSUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Peters President & CEO (left 9/2021) | Officer | 50 | $559,072 |
Sa Hartman Cfo/coo | Officer | 50 | $394,129 |
Alexandra Derby VP Philanthropy | 40 | $250,948 | |
Saul Macias VP Hr | 40 | $227,581 | |
Lauren Mcclelland VP Finance | 40 | $243,511 | |
Vikki Garrod Chief Communications | 40 | $235,092 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vrp Consulting Inc It Support | 6/29/22 | $408,090 |
Shartsis Friese Llp Legal Serivce | 6/29/22 | $379,662 |
Pricewaterhousecoopers Llp Auditing | 6/29/22 | $365,158 |
Crewcial Partners Llc Consulting | 6/29/22 | $263,849 |
Catchafire Inc Consulting | 6/29/22 | $155,000 |
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 | $197,201,413 |
| Noncash contributions included in lines 1a–1f | $75,127,381 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,201,413 |
| Total Program Service Revenue | $11,262,787 |
| Investment income | $15,391,997 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,443,229 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,299,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $536,414,716 |
| Grants and other assistance to domestic individuals. | $50,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $24,551,403 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,589,522 |
| Compensation of current officers, directors, key employees. | $782,368 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,038,420 |
| Pension plan accruals and contributions | $838,337 |
| Other employee benefits | $1,313,090 |
| Payroll taxes | $587,692 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $108,745 |
| Fees for services: Accounting | $316,703 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,627,715 |
| Fees for services: Other | $1,184,471 |
| Advertising and promotion | $220,507 |
| Office expenses | $53,087 |
| Information technology | $882,382 |
| Royalties | $0 |
| Occupancy | $1,675,855 |
| Travel | $8,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,837 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $666,788 |
| Insurance | $134,185 |
| All other expenses | $321,532 |
| Total functional expenses | $581,478,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,570,104 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,537,160 |
| 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 | $6,383,550 |
| Net Land, buildings, and equipment | $2,697,701 |
| Investments—publicly traded securities | $482,062,717 |
| Investments—other securities | $366,801,189 |
| Investments—program-related | $12,286,613 |
| Intangible assets | $0 |
| Other assets | $28,177,377 |
| Total assets | $963,516,411 |
| Accounts payable and accrued expenses | $5,103,874 |
| Grants payable | $36,922,316 |
| Deferred revenue | $46,061 |
| 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 | $78,603,213 |
| Total liabilities | $120,675,464 |
| Net assets without donor restrictions | $723,971,133 |
| Net assets with donor restrictions | $118,869,814 |
| 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 | $963,516,411 |
Grants Awarded
Over the last fiscal year, Marin Community Foundation has awarded $518,934,222 in support to 1,093 organizations.
| Grant Recipient | Amount |
|---|---|
JAKES PLACE CAT RESCUE PURPOSE: GENERAL OPERATING SUPPORT | $8,500 |
LITTLE TRAVERSE CONSERVANCY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
10000 DEGREES PURPOSE: GENERAL OPERATING SUPPORT | $1,980,550 |
2M FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $33,420 |
4-H CLUBS & AFFILIATED 4-H ORGANIZATIONS PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
42ND STREET MOON PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |