The Olympic Club Foundation
- Assets
- $6.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- San Francisco, CA
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 94-3160462
Organization Overview
The Olympic Club Foundation is located in San Francisco, CA. The organization was established in 1992. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Olympic Club Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olympic Club 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 12/2021, Olympic Club Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.4% 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.
Since 2014, Olympic Club Foundation has awarded 263 individual grants totaling $3,272,729. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ATHLETIC PROGRAMS WHICH ENRICH YOUNG LIVES AND DEVELOP FUTURE COMMUNITY LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE OLYMPIC CLUB FOUNDATION (OCF) FUNDED 65 NONPROFIT ORGANIZATIONS OFFERING ORGANIZED SPORTS TO YOUTH BETWEEN THE AGES OF 8 AND 18.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Ring Executive Director | Officer | 40 | $192,500 |
Stephen Wynne President | OfficerTrustee | 1 | $0 |
Catherine Fogelman Vice President | OfficerTrustee | 1 | $0 |
Doug Thomas Treasurer | OfficerTrustee | 1 | $0 |
Annie Crangle Secretary | OfficerTrustee | 1 | $0 |
James Bildner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $323,447 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $744,241 |
| Noncash contributions included in lines 1a–1f | $56,810 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,067,688 |
| Total Program Service Revenue | $0 |
| Investment income | $84,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $219,801 |
| Net Income from Fundraising Events | -$52,147 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,319,679 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $634,150 |
| 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. | $200,339 |
| Compensation of current officers, directors, key employees. | $68,115 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,114 |
| Payroll taxes | $16,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $860 |
| Fees for services: Accounting | $46,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,375 |
| Fees for services: Other | $3,564 |
| Advertising and promotion | $22,635 |
| Office expenses | $41,127 |
| Information technology | $18,069 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $684 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,683 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,800 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,146,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $526,360 |
| Savings and temporary cash investments | $2,375,608 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,245 |
| 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 | $6,000 |
| Net Land, buildings, and equipment | $21,852 |
| Investments—publicly traded securities | $3,494,778 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,547,843 |
| Accounts payable and accrued expenses | $61,377 |
| 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 | $37,523 |
| Other liabilities | $0 |
| Total liabilities | $98,900 |
| Net assets without donor restrictions | $2,980,453 |
| Net assets with donor restrictions | $3,468,490 |
| 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 | $6,547,843 |
Grants Awarded
Over the last fiscal year, The Olympic Club Foundation has awarded $565,750 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
San Leandro, CA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $23,000 |
San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Oakland, CA PURPOSE: GENERAL OPERATING SUPPORT | $17,950 |
San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $17,000 |
Oakland, CA PURPOSE: GENERAL OPERATING SUPPORT | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that The Olympic Club Foundation has recieved totaling $250,652.
| Awarding Organization | Amount |
|---|---|
Jem Project Tiburon, CA PURPOSE: PUBLIC BENEFIT | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $89,691 |
Anita Santosh Mehra Foundation Ann Arbor, MI PURPOSE: ENDOWMENT | $25,000 |
Carl Gellert And Celia Berta Gellert Foundation Daly City, CA PURPOSE: OLYMPIC CLUB FOUNDATION CAMPAIGN FOR KIDS | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $8,870 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,710 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Purpose Driven Connection Rancho Santa Margarita, CA | $29,393,570 | $25,518,921 |
Bethel Music Redding, CA | $17,020,388 | $17,178,099 |
Stewardship Endowment Fund Scottsdale, AZ | $47,139,512 | $6,876,380 |
Conference Claimants Endowment Bd California Ann Conf Methodist Ch Stockton, CA | $134,531,224 | $10,421,570 |
Bethel Media Redding, CA | $2,416,750 | $3,101,104 |
Legacy For The Kingdom Phoenix, AZ | $44,613,062 | $3,223,185 |
Catholic Community Foundation Of San Diego San Diego, CA | $89,259,750 | $4,327,946 |
Secrets Unsealed Fresno, CA | $5,504,604 | $3,996,381 |
A P Reilly Foundation Santa Monica, CA | $46,201,571 | $194,000 |
The Olympic Club Foundation San Francisco, CA | $6,547,843 | $1,319,679 |
Arizona District Council Of The Assemblies Of God Kingdom Legacy F Phoenix, AZ | $5,638,218 | $1,044,440 |
Speranza Foundation Mesa, AZ | $5,337,179 | $4,707,152 |