Form 990 for tax year 2023
Filed by FOUNDATION FOR SAN MATEO COUNTY LIBRARIES.
Totals
- Total revenue
- $158,096
- Total expenses
- $68,955
- Contributions and grants received
- $153,441
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,655
- Other revenue
- $0
- Total assets, end of year
- $604,625
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $604,625
- Program services expenses (Part IX)
- $40,136
- Management and general expenses
- $28,819
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $40,136
Program services were 58.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$40,000
-
1f · All other contributions, gifts and grants
$113,441
-
3 · Investment income
total $4,655 · excluded $4,655
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $7,947 · management and general $7,947
-
11g · Fees: other
total $48,900 · program services $40,000 · management and general $8,900
-
12 · Advertising and promotion
total $3,708 · management and general $3,708
-
13 · Office expenses
total $4,941 · management and general $4,941
-
23 · Insurance
total $1,308 · management and general $1,308
-
24a · Other expenses: BANK FEES
total $1,038 · program services $136 · management and general $902
-
24b · Other expenses: MEALS & ENTERTAINMENT
total $938 · management and general $938
-
24c · Other expenses: MISCELLANEOUS
total $100 · management and general $100
-
24d · Other expenses: TAXES & LICENSES & FEES
total $75 · management and general $75
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $515,484 · end of year $604,625
-
27 · Net assets without donor restrictions
beginning of year $48,104 · end of year $57,769
-
28 · Net assets with donor restrictions
beginning of year $467,380 · end of year $546,856
Mission and programs · 2023
Mission
PROVIDE ANNUAL RESOURCES TO SUPPORT THE SAN MATEO COUNTY LIBRARIES' GOALS AND INITIATIVES.
Activities or mission (Part I)
PROMOTE THE LONG-TERM FINANCIAL HEALTH AND SUCCESS OF SAN MATEO COUNTY LIBRARIES.
-
LIBRARY SUPPORT: THE FOUNDATION IS CREATING AN ANNUAL SUPPORT PROGRAM THAT SUPPORTS SYSTEMWIDE INITIATIVES OF THE SAN MATEO COUNTY LIBRARIES. SAN MATEO COUNTY LIBRARIES SERVES THE DIVERSE COMMUNITIES OF ATHERTON, BELMONT, BRISBANE, EAST PALO ALTO, FOSTER CITY, HALF MOON BAY, MILLBRAE, PACIFICA, PORTOLA VALLEY, SAN CARLOS, WOODSIDE, AND THE UNINCORPORATED AREAS OF SAN MATEO COUNTY THE FOUNDATION WILL FUND INNOVATIVE PROGRAMS AND SERVICES OF THE LIBRARY SYSTEM.
Expenses $40,136
-
FEASIBILITY STUDY: BEGAN EXPLORING THE FEASIBILITY OF LAUNCHING A CAPITAL CAMPAIGN IN SUPPORT OF A NEW LIBRARY IN EAST PALO ALTO.
As filed on the 2023 return.
Listed in Part VII
-
Caiti BuschCAITI BUSCH
INTERIM CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tanya BeatTANYA BEAT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sonia EscobarSONIA ESCOBAR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher FosterCHRISTOPHER FOSTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Irene ChenIRENE CHEN
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Angel HaightANGEL HAIGHT
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dianne Keen-KimDIANNE KEEN-KIM
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Muhammad Umair ShaikhMUHAMMAD UMAIR SHAIKH
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kelly ChienKELLY CHIEN
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jennie LiJENNIE LI
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tracy ZhengTRACY ZHENG
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ritu ThakerRITU THAKER
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul WuPAUL WU
BOARD OF TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anne-Marie DespainANNE-MARIE DESPAIN
EX OFFICIO BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen CunninghamKAREN CUNNINGHAM
EX OFFICIO BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521349349310527
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