Skip to content
Nonprofiteer
← PLACER COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by PLACER COMMUNITY FOUNDATION.

Totals

Total revenue
$4,570,305
Total expenses
$2,505,098
Contributions and grants received
$3,754,664
Grants paid
$1,477,928
Program service revenue
$0
Investment income
$815,641
Other revenue
$0
Total assets, end of year
$21,945,309
Total liabilities, end of year
$110,898
Net assets or fund balances, end of year
$21,834,411
Program services expenses (Part IX)
$2,354,740
Management and general expenses
$111,601
Fundraising expenses
$38,757
Program service expenses (Part III)
$2,354,740

Program services were 94.0% 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.

  • 1d · Related organizations

    $300,000

  • 1f · All other contributions, gifts and grants

    $3,454,664

  • 1g · Noncash contributions included above

    $631,442

  • 3 · Investment income

    total $603,900 · excluded $603,900

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $211,741

  • 7c · Gain or loss

    securities $211,741

  • 7d · Net gain or loss

    total $211,741 · related or exempt $211,741

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Misc

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,477,928 · program services $1,477,928

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $233,179 · program services $209,861 · management and general $16,323 · fundraising $6,995

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $299,810 · program services $251,840 · management and general $35,977 · fundraising $11,993

  • 8 · Pension plan contributions

    total $20,085 · program services $16,871 · management and general $2,410 · fundraising $804

  • 9 · Other employee benefits

    total $20,283 · program services $17,038 · management and general $2,434 · fundraising $811

  • 10 · Payroll taxes

    total $37,219 · program services $31,264 · management and general $4,466 · fundraising $1,489

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $13,646 · program services $11,463 · management and general $1,637 · fundraising $546

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $113,471 · program services $95,316 · management and general $13,616 · fundraising $4,539

  • 11g · Fees: other

    total $95,738 · program services $80,419 · management and general $11,489 · fundraising $3,830

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $7,560 · program services $6,350 · management and general $907 · fundraising $303

  • 17 · Travel

    total $27,642 · program services $23,219 · management and general $3,317 · fundraising $1,106

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $7,824 · program services $6,572 · management and general $939 · fundraising $313

  • 24a · Other expenses: Printing and Publications

    total $104,663 · program services $87,917 · management and general $12,560 · fundraising $4,186

  • 24b · Other expenses: Dues and Subscriptions

    total $10,932 · program services $9,183 · management and general $1,312 · fundraising $437

  • 24c · Other expenses: Miscellaneous

    total $8,771 · program services $7,368 · management and general $1,052 · fundraising $351

  • 24d · Other expenses: Supplies

    total $8,072 · program services $6,780 · management and general $969 · fundraising $323

  • 24e · All other expenses

    total $18,275 · program services $15,351 · management and general $2,193 · fundraising $731

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $279,582 · end of year $301,237

  • 2 · Savings and temporary cash investments

    beginning of year $3,234,186 · end of year $4,039,100

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,875 · end of year $7,806

  • 10a · Land, buildings and equipment: cost or other basis

    $28,434

  • 10b · Land, buildings and equipment: accumulated depreciation

    $28,434

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $15,092,478 · end of year $17,592,415

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $4,751 · end of year $4,751

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,597 · end of year $109,648

  • 18 · Grants payable

    beginning of year $3,230 · end of year $1,250

  • 19 · Deferred revenue

    beginning of year $1,100

  • 27 · Net assets without donor restrictions

    beginning of year $4,585,348 · end of year $6,453,075

  • 28 · Net assets with donor restrictions

    beginning of year $13,914,597 · end of year $15,381,336

Mission and programs · 2024

Mission

The Placer Community Foundation grows local giving to strengthen our community.

  • Community Needs: Grants provide opportunities for greater community impact in education, health and human services, animal welfare, senior programs, preserving historical landmarks and open space. Placer Collaborative Network brings together 40 nonprofit, government, health care, faith based, educational and municipal entities to work on collaborative issues facing children, adults and families of Placer County.

    Expenses $1,268,591 · Grants $991,997

  • Community Leadership Nonprofit Initiative helps local nonprofits thrive and grow through high quality training and technical assistance. Annual leadership summit brings nationally known experts who provide training in best practices in governance and fundraising for over 200 volunteers who serve on boards of directors of nonprofits in Placer County. Eight total trainings provided over 2,022 hours of free training was provided to nonprofit leaders. The foundation continued its work to educate the public on the need for affordable workforce housing in Placer County and to advocate for policy changes to ensure affordable housing is constructed.

    Expenses $418,736 · Grants $54,526

  • Arts: Grants enhance and sustain a vibrant arts culture in Placer County by increasing the visibility/accessibility of the arts and promoting sustainability of nonprofit arts organizations. Grants from the Susan Cooley-Gilliom Art Program develop and enhance the visual arts through short-term residencies and workshops taught by nationally established and highly-reputable artists who create a range of media.

    Expenses $349,835 · Grants $251,271

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $317,578 · Grants $180,134

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Veronica Blake

    CEO

    Total calculated
    $233,179
    From this org
    $207,717
    From related orgs
    $0
    Other
    $25,462
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,717
    Bonus
    not reported
    Other
    not reported
    Deferred
    $14,540
    Nontaxable benefits
    $10,922
    Filer's total
    $233,179
  • Jason Bell

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • David Boesch

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Chey Bryant

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Sheila Cardno

    1st Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Dick Kramer

    2nd Vice Chair

    Total calculated
    $0
    Hours/week
    5
  • Elise Baker

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Ken Larson

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Margaret Fulton

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Vicki Spannagel

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Larry Welch

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Paul Aronowitz

    Secretary

    Total calculated
    $0
    Hours/week
    5
  • Pamela Constantino

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Guy Gibson

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Robert Weygandt

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Sue Thompson

    Chairman

    Total calculated
    $0
    Hours/week
    10

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 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
27 October 2025
IRS schema version
2024v5.2
Source object
202543009349301954

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.