College Of Marin Foundation is located in Kentfield, CA. The organization was established in 1965. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of Marin 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, College Of Marin Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 64.3% each year . All expenses for the organization totaled $894.3k during the year ending 06/2022. While expenses have increased by 28.0% 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
PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF COLLEGE OF MARIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR EDUCATIONAL PROGRAMS OF COLLEGE OF MARIN.
SCHOLARSHIPS FOR COLLEGE OF MARIN STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Wain Coon President | OfficerTrustee | 0 | $0 |
Stuart Tanneberg Co-Chair | OfficerTrustee | 0 | $0 |
Greg Nelson Treasurer | OfficerTrustee | 0 | $0 |
Megan Pasquel Co-Chair | OfficerTrustee | 0 | $0 |
Pamela Cook Director | Trustee | 0 | $0 |
Ana Camacho Director | Trustee | 0 | $0 |
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 | $1,195,086 |
Noncash contributions included in lines 1a–1f | $78,400 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,195,086 |
Total Program Service Revenue | $0 |
Investment income | $182,709 |
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 | $4,326,135 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $228,296 |
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 | $3,233 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $200,891 |
Advertising and promotion | $0 |
Office expenses | $62,722 |
Information technology | $12,900 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,475 |
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 | $71,535 |
Total functional expenses | $894,304 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $765,733 |
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 | $10,336,784 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,102,517 |
Accounts payable and accrued expenses | $256,074 |
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 | $256,074 |
Net assets without donor restrictions | $3,542,669 |
Net assets with donor restrictions | $7,303,774 |
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 | $11,102,517 |
Over the last fiscal year, we have identified 4 grants that College Of Marin Foundation has recieved totaling $34,117.
Awarding Organization | Amount |
---|---|
Foundation For California Community Colleges Sacramento, CA PURPOSE: OSHER SCHOLARSHIP | $14,300 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $9,700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $117 |
Beg. Balance | $3,385,140 |
Earnings | -$308,752 |
Admin Expense | $62,457 |
Net Contributions | $445,550 |
Ending Balance | $3,459,481 |
Organization Name | Assets | Revenue |
---|---|---|
Scripps College Claremont, CA | $617,457,507 | $98,616,217 |
California College Of The Arts San Francisco, CA | $203,468,162 | $107,701,190 |
Vanguard University Of So Ca Costa Mesa, CA | $81,753,319 | $83,351,301 |
Harvey Mudd College Claremont, CA | $659,151,438 | $77,731,780 |
The Masters University And Seminary Santa Clarita, CA | $147,412,644 | $80,766,902 |
William Jessup University Rocklin, CA | $119,510,265 | $60,123,299 |
Pitzer College Claremont, CA | $349,158,922 | $62,327,201 |
Pacific Union College Angwin, CA | $98,736,096 | $48,958,321 |
Menlo College Atherton, CA | $48,235,643 | $52,004,358 |
Corban University Salem, OR | $26,227,993 | $40,955,830 |
Arizona Christian University Glendale, AZ | $57,965,116 | $41,715,936 |
Simpson University Redding, CA | $52,447,499 | $43,472,556 |