Form 990 for tax year 2022
Filed by PCF GIFTING AND LIQUIDATION CHARITABLE FOUNDATION.
Totals
- Total revenue
- $1,092,376
- Total expenses
- $1,067,982
- Contributions and grants received
- $1,087,982
- Grants paid
- $947,963
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $4,394
- Total assets, end of year
- $24,394
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $24,394
- Program services expenses (Part IX)
- $947,963
- Management and general expenses
- $120,019
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $947,963
Program services were 88.8% 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.
-
1f · All other contributions, gifts and grants
$1,087,982
-
1g · Noncash contributions included above
$1,067,982
-
11a · Other revenue: Other income
total $4,394 · excluded $4,394
-
11e · Other revenue, total
$4,394
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $947,963 · program services $947,963
-
24a · Other expenses: Closing cost/commission
total $120,019 · management and general $120,019
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $24,394
-
27 · Net assets without donor restrictions
beginning of year $0 · end of year $24,394
Mission and programs · 2022
Mission
To facilitate a broad range of gifts in support of Pasadena Community Foundation.
-
To facilitate a broad range of gifts in support of Pasadena Community Foundation.
Expenses $947,963 · Grants $947,963
As filed on the 2022 return.
Listed in Part VII
-
Sandra Ell
Chair
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Gloria Pitzer
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Koko Archibong
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Dave Beringer
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
William Bogaard
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Scott Christopher
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Phyllis Crandon
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Scott Nesbit
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Jennifer DeVoll
President & CEO
- Total calculated
- $288,772
- From this org
- $0
- From related orgs
- $227,170
- Other
- $61,602
- Hours/week
- 0.2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $209,170 related
- Bonus
- $0 + $18,000 related
- Other
- $0
- Deferred
- $0 + $54,576 related
- Nontaxable benefits
- $0 + $7,026 related
- Filer's total
- $0 + $288,772 related
-
Mariver Copeland
CFO
- Total calculated
- $257,462
- From this org
- $0
- From related orgs
- $202,725
- Other
- $54,737
- Hours/week
- 0.2 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $182,725 related
- Bonus
- $0 + $20,000 related
- Other
- $0
- Deferred
- $0 + $50,909 related
- Nontaxable benefits
- $0 + $3,828 related
- Filer's total
- $0 + $257,462 related
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
None.
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
The filer's explanations (Part III)
- Part I, Line 3
- Determining Compensation of CEO and other key employees Process: The Council on Foundation does an annual survey of salaries for non-profits throughout the nation. PCF participates in the survey. The results are compiled by the Council and distributed to all participants. A separate salary survey is conducted by the League of California Foundations. PCF also participates in this survey. Once the results have been distributed, PCF staff compiles data and presents to the Finance Committee along with overall budgets and salary recommendations for the fiscal year. PCF has joined Insperity PEO Services. Part of their human resources services is a compensation department that provides salary survey data for PCF. The data focuses on non-profit salaries within PCF's geographic area. The Finance Committee also reviews this data comparison point. The Executive Committee reviews the salary for staff in Executive session of the Board meeting.
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
-
$947,963
Charitable
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.
-
501(c)(3) · Charitable funds · CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302239349302225
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