Form 990 for tax year 2023
Filed by VENTURA COUNTY COMMUNITY FOUNDATION.
Totals
- Total revenue
- $44,884,228
- Total expenses
- $16,128,525
- Contributions and grants received
- $39,545,325
- Grants paid
- $10,864,588
- Program service revenue
- $1,405,446
- Investment income
- $3,933,457
- Other revenue
- $0
- Total assets, end of year
- $234,037,815
- Total liabilities, end of year
- $32,426,571
- Net assets or fund balances, end of year
- $201,611,244
- Program services expenses (Part IX)
- $14,754,829
- Management and general expenses
- $1,054,537
- Fundraising expenses
- $319,159
- Program service expenses (Part III)
- $14,754,829
Program services were 91.5% 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)
$1,180,195
-
1f · All other contributions, gifts and grants
$38,365,130
-
1g · Noncash contributions included above
$364,372
-
2a · Program service revenue: RENTAL INCOME
total $986,371 · related or exempt $986,371
-
2b · Program service revenue: MANAGEMENT FEES
total $419,075 · related or exempt $419,075
-
3 · Investment income
total $1,026,222 · related or exempt $8,979 · unrelated business -$37,384 · excluded $1,054,627
-
7a · Gross sales of assets other than inventory
securities $57,646,783
-
7b · Less cost or other basis and sales expenses
securities $54,739,548
-
7c · Gain or loss
securities $2,907,235
-
7d · Net gain or loss
total $2,907,235 · excluded $2,907,235
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $9,417,897 · program services $9,417,897
-
2 · Grants to domestic individuals
total $1,446,691 · program services $1,446,691
-
5 · Compensation of officers, directors and key employees
total $685,178 · program services $475,831 · management and general $114,215 · fundraising $95,132
-
7 · Other salaries and wages
total $1,307,213 · program services $919,338 · management and general $238,038 · fundraising $149,837
-
8 · Pension plan contributions
total $25,183 · program services $17,225 · management and general $4,874 · fundraising $3,084
-
9 · Other employee benefits
total $60,599 · program services $45,166 · management and general $9,918 · fundraising $5,515
-
10 · Payroll taxes
total $125,229 · program services $87,426 · management and general $22,357 · fundraising $15,446
-
11b · Fees: legal
total $190,514 · program services $106,985 · management and general $83,529
-
11c · Fees: accounting
total $79,891 · management and general $79,891
-
11f · Fees: investment management
total $547,009 · program services $547,009
-
11g · Fees: other
total $893,368 · program services $727,550 · management and general $157,194 · fundraising $8,624
-
12 · Advertising and promotion
total $109,445 · program services $100,862 · management and general $2,230 · fundraising $6,353
-
13 · Office expenses
total $48,348 · program services $21,287 · management and general $24,561 · fundraising $2,500
-
14 · Information technology
total $131,612 · program services $19,400 · management and general $99,375 · fundraising $12,837
-
16 · Occupancy
total $452,583 · program services $428,757 · management and general $23,826
-
17 · Travel
total $3,039 · program services $691 · management and general $2,257 · fundraising $91
-
19 · Conferences, conventions and meetings
total $51,154 · program services $11,876 · management and general $39,278
-
20 · Interest
total $148,078 · program services $148,078
-
22 · Depreciation, depletion and amortization
total $209,817 · program services $205,014 · management and general $4,803
-
23 · Insurance
total $126,738 · program services $22,067 · management and general $104,318 · fundraising $353
-
24a · Other expenses: MEMBERSHIP
total $52,701 · program services $1,000 · management and general $43,873 · fundraising $7,828
-
24b · Other expenses: MISCELLANEOUS
total $16,238 · program services $4,679 · fundraising $11,559
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,618 · end of year $62,987
-
2 · Savings and temporary cash investments
beginning of year $3,708,359 · end of year $3,845,159
-
3 · Pledges and grants receivable
beginning of year $6,819,816 · end of year $32,712,850
-
4 · Accounts receivable
beginning of year $116,176 · end of year $149,566
-
9 · Prepaid expenses and deferred charges
beginning of year $127,197 · end of year $125,841
-
10a · Land, buildings and equipment: cost or other basis
$10,648,834
-
10b · Land, buildings and equipment: accumulated depreciation
$2,802,280
-
10c · Land, buildings and equipment, net
beginning of year $8,052,836 · end of year $7,846,554
-
11 · Investments: publicly traded securities
beginning of year $128,370,269 · end of year $130,772,431
-
12 · Investments: other securities
beginning of year $27,675,908 · end of year $56,438,506
-
15 · Other assets
beginning of year $1,891,110 · end of year $2,083,921
-
17 · Accounts payable and accrued expenses
beginning of year $399,777 · end of year $399,175
-
18 · Grants payable
beginning of year $579,017 · end of year $352,093
-
19 · Deferred revenue
beginning of year $0 · end of year $1,403,022
-
21 · Escrow or custodial account liability
beginning of year $20,575,152 · end of year $25,855,134
-
23 · Secured mortgages and notes payable
beginning of year $4,156,121 · end of year $4,030,475
-
25 · Other liabilities
beginning of year $375,393 · end of year $386,672
-
27 · Net assets without donor restrictions
beginning of year $140,098,943 · end of year $162,565,593
-
28 · Net assets with donor restrictions
beginning of year $10,645,886 · end of year $39,045,651
Mission and programs · 2023
Mission
THE MISSION OF THE VENTURA COUNTY COMMUNITY FOUNDATION (VCCF) IS CONNECTING PEOPLE, RESOURCES, AND SOLUTIONS TO CREATE LASTING IMPACT IN OUR SHARED WORLD.
Activities or mission (Part I)
TO PROMOTE AND ENABLE PHILANTHROPY TO IMPROVE OUR COMMUNITY FOR GOOD AND FOR EVER.
-
CONNECTING DONORS TO THE COMMUNITY NEEDS THEY CARE ABOUT, THE VENTURA COUNTY COMMUNITY FOUNDATION GRANTED $9,489,151 TO 308 UNIQUE PUBLIC CHARITIES AND $1,375,437 TO MORE THAN 350 LOCAL STUDENTS VIA OUR SCHOLARSHIP PROGRAM.
Expenses $13,132,721 · Grants $10,864,588
-
INCREASING CHARITABLE GIVING IN FISCAL YEAR 2024, OVER $39 MILLION WAS ADDED TO DONOR FUNDS BRINGING THE TOTAL CHARITABLE ASSETS UNDER THE STEWARDSHIP OF THE VENTURA COUNTY COMMUNITY FOUNDATION TO $260 MILLION.
Expenses $617,787
-
THE VENTURA COUNTY COMMUNITY FOUNDATION IS PROUD TO OFFER BELOW-MARKET RENT FOR THIRTEEN NONPROFITS IN VENTURA COUNTY. NONPROFIT TENANTS INCLUDE: ECONOMIC DEVELOPMENT COLLABORATIVE OF VENTURA COUNTY, GOLD COAST VETERANS FOUNDATION, CASA OF VENTURA, MAKE-A-WISH TRI-COUNTIES, INTERFACE CHILDREN AND FAMILY, SERVICES/ 2-1-1 VENTURA COUNTY, WOMENS ECONOMIC VENTURES, VISTA REAL PUBLIC CHARTER, SOTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS (SCAG), THE BETTER BUSINESS BUREAU, FUTURE LABS, AND FARM TO SCHOOL.
Expenses $1,004,321 · Revenue $1,414,425
As filed on the 2023 return.
Listed in Part VII
-
Sean LeonardSEAN LEONARD
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Scott P HansenSCOTT P HANSEN
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Veronica QuintanaVERONICA QUINTANA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Leah LacayoLEAH LACAYO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Meryl ChaseMERYL CHASE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Geoff DeanGEOFF DEAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack EdelsteinJACK EDELSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike JanuzikMIKE JANUZIK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leslie LevansLESLIE LEVANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cesar MoralesCESAR MORALES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brando PozziBRANDO POZZI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine SepulvedaCATHERINE SEPULVEDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard YaoRICHARD YAO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Venkat YepuriVENKAT YEPURI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vanessa BechtelVANESSA BECHTEL
PRESIDENT AND CEO
- Total calculated
- $362,298
- From this org
- $337,119
- From related orgs
- $0
- Other
- $25,179
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $281,280
- Bonus
- $55,839
- Other
- $0
- Deferred
- $18,000
- Nontaxable benefits
- $7,179
- Filer's total
- $362,298
-
Bonita GillesBONITA GILLES
VICE-PRESIDENT AND CFO
- Total calculated
- $277,388
- From this org
- $261,080
- From related orgs
- $0
- Other
- $16,308
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $227,401
- Bonus
- $33,679
- Other
- $0
- Deferred
- $15,843
- Nontaxable benefits
- $465
- Filer's total
- $277,388
-
Michael SilacciMICHAEL SILACCI
CHIEF PHILANTHROPIC OFFICER
- Total calculated
- $210,286
- From this org
- $209,821
- From related orgs
- $0
- Other
- $465
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,071
- Bonus
- $27,750
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $465
- Filer's total
- $210,286
-
Tracy TagawaTRACY TAGAWA
CHIEF COMPLIANCE OFFICER
- Total calculated
- $214,012
- From this org
- $192,243
- From related orgs
- $0
- Other
- $21,769
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,618
- Bonus
- $48,625
- Other
- $0
- Deferred
- $12,677
- Nontaxable benefits
- $9,092
- Filer's total
- $214,012
-
Jim RiveraJIM RIVERA
CHIEF PHILANTHROPIC COUNSEL
- Total calculated
- $106,456
- From this org
- $106,456
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Claudia RaitiCLAUDIA RAITI
ASSISTANT CONTROLLER (THRU 12/23)
- Total calculated
- $116,170
- From this org
- $109,783
- From related orgs
- $0
- Other
- $6,387
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- CLAUDIA RAITI, ASSISTANT CONTROLLER, RECEIVED A SEVERANCE PAYMENT OF $14,779 DURING THE YEAR.
- PART I, LINE 7
- THE VCCF BOARD OF DIRECTORS APPROVED A BONUS PAY STRUCTURE FOR THE EXECUTIVE STAFF. THE CEO HAS A RANGE OF 0 TO 20%, AND THE CFO, CCO AND COO HAVE RANGES FROM 5 TO 15%. THE BOARD APPROVES THE BONUS FOR THE OFFICERS (CEO AND CFO) AND THE CEO APPROVES OTHER BONUSES. THESE BONUSES ARE DETERMINED AND RECOMMENDED BASED ON THE ANNUAL REVIEW CYCLE FOR THE EMPLOYEES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$500,000
IN SUPPORT OF THE BUILDING CAMPAIGN
-
TO SUPPORT THE EWC FOCUSING ON IMPACTED AREAS OF THE THOMAS, WOOLSEY, AND HILL FIRES IN THE COUNTIES OF SANTA BARBARA, VENTURA, AND LA, INCLUDING THE SANTA MONICA MTNS AND LOS PADRES FOREST AS DESCRIBED IN THE SIGNED AGREEMENT. PLEASE REFER TO THE AGREEME
-
HUMANE SOCIETY OF THE UNITED STATES
$289,459
IN SUPPORT OF THE PETS FOR LIFE PROGRAM IN VENTURA COUNTY, INCLUDING BUT NOT LIMITED TO, FUNDING FOR A FULL-TIME PROGRAM COORDINATOR. THIS FUNDING REPRESENTS THE FINAL GRANT SUPPORTING THIS SPECIFIC PURPOSE.
-
CITY OF VENTURA
$228,886
TO PROVIDE SUPPORT TO THE CITY TO MAINTAIN, ENHANCE AND PRESERVE THE PIER FOR FUTURE GENERATIONS' ENJOYMENT.
-
$225,000
TO SUPPORT THE EWC FOCUSING ON IMPACTED AREAS OF THE THOMAS, WOOLSEY, AND HILL FIRES IN THE COUNTIES OF SANTA BARBARA, VENTURA, AND LA, INCLUDING THE SANTA MONICA MTNS AND LOS PADRES FOREST AS DESCRIBED IN THE SIGNED AGREEMENT. PLEASE REFER TO THE AGREEME
-
CITY OF THOUSAND OAKS
$223,854
TO PROVIDE FINANCIAL SUPPORT TO THE CITY OF THOUSAND OAKS FOR THE CIVIC AUDITORIUM/FORUM THEATRE
-
IN SUPPORT OF THE UNDERGRADUATE STUDENT RESEARCH ASSISTANTS PROGRAM ($159,400), ESRM SCUBA GEAR ($19,625), AND THE NEW ORLEANS CLASS TRIP ($25,300) AND 5% GIFT FEE OF ($10,754)
-
IN SUPPORT OF THE ALZHEIMER'S ASSOCIATION INITIATIVE TO LAUNCH THE INCREASING ACCESS TO QUALITY DEMENTIA CARE FOR CALIFORNIA'S AGING POPULATION: A HEALTH SYSTEMS APPROACH PROGRAM. THE TOTAL GRANT IS FOR $600,000 PAYABLE IN $200,000 INSTALLMENTS OVER THR
-
IN SUPPORT OF GENERAL CHARITABLE PURPOSES
-
COUNTY OF VENTURA
$196,504
IN SUPPORT OF THE TINY HOME PROJECT FOR WOMEN OF DOMESTIC VIOLENCE AND HUMAN TRAFFICKING VICTIMS AT THE VENTURA COUNTY FAMILY JUSTICE CENTER FOUNDATION
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
VCCF COMPLEX ASSETS SUPPORTING ORGANIZATION
501(C)(3) · COMPLEX ASSETS MANAGEMENT · CA · controlled entity
Directly controlled by VENTURA COUNTY COMMUNITY FOUNDATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
VCCF NONPROFIT CENTER LLC
RENTAL OF OFFICE BUILDING TO LOCAL NON-PROFIT ORGANIZATIONS · CA · income $1,335,851 · assets $9,212,324
Directly controlled by VENTURA COUNTY COMMUNITY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 August 2025
- IRS schema version
- 2023v6.0
- Source object
- 202502249349300445
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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