Totals
- Total revenue
- $3,775,703
- Total expenses
- $5,850,106
- Contributions and grants received
- $2,079,935
- Grants paid
- $769,502
- Program service revenue
- $1,404,103
- Investment income
- $0
- Other revenue
- $291,665
- Total assets, end of year
- $46,809,078
- Total liabilities, end of year
- $40,195,062
- Net assets or fund balances, end of year
- $6,614,016
- Program services expenses (Part IX)
- $4,465,153
- Management and general expenses
- $1,114,696
- Fundraising expenses
- $270,257
- Program service expenses (Part III)
- $4,465,153
Program services were 76.3% 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)
$300,000
-
1f · All other contributions, gifts and grants
$1,779,935
-
2a · Program service revenue: ECON. INST. RESEARCH
total $1,387,603 · related or exempt $1,387,603
-
2b · Program service revenue: OTHER REVENUE
total $16,500 · related or exempt $16,500
-
6a · Gross rents
personal property $291,665
-
6b · Less rental expenses
personal property $0
-
6c · Rental income or loss
personal property $291,665
-
6d · Net rental income or loss
total $291,665 · unrelated business $291,665
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $769,502 · program services $769,502
-
7 · Other salaries and wages
total $1,046,878 · program services $863,997 · management and general $87,885 · fundraising $94,996
-
8 · Pension plan contributions
total $111,082 · program services $64,650 · management and general $32,880 · fundraising $13,552
-
9 · Other employee benefits
total $99,193 · program services $57,730 · management and general $29,361 · fundraising $12,102
-
10 · Payroll taxes
total $66,385 · program services $38,636 · management and general $19,650 · fundraising $8,099
-
11b · Fees: legal
total $1,749 · management and general $1,749
-
11g · Fees: other
total $264,546 · program services $264,546
-
13 · Office expenses
total $136,253 · program services $94,643 · management and general $39,378 · fundraising $2,232
-
14 · Information technology
total $96,088 · program services $90,445 · management and general $5,643
-
16 · Occupancy
total $423,498 · program services $296,872 · management and general $107,569 · fundraising $19,057
-
17 · Travel
total $27,117 · program services $25,192 · management and general $1,925
-
20 · Interest
total $835,804 · program services $585,899 · management and general $212,294 · fundraising $37,611
-
22 · Depreciation, depletion and amortization
total $1,601,415 · program services $1,122,592 · management and general $406,759 · fundraising $72,064
-
23 · Insurance
total $234,301 · program services $164,245 · management and general $59,512 · fundraising $10,544
-
24a · Other expenses: EVENTS/DELEGATIONS/MTG
total $104,765 · program services $26,204 · management and general $78,561
-
24b · Other expenses: TAXES AND LICENSES
total $31,530 · management and general $31,530
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,500,958 · end of year $1,501,356
-
3 · Pledges and grants receivable
beginning of year $3,899,241 · end of year $3,635,768
-
4 · Accounts receivable
beginning of year $529,309 · end of year $373,305
-
9 · Prepaid expenses and deferred charges
beginning of year $138,777 · end of year $35,449
-
10a · Land, buildings and equipment: cost or other basis
$21,801,340
-
10b · Land, buildings and equipment: accumulated depreciation
$3,402,560
-
10c · Land, buildings and equipment, net
beginning of year $19,624,676 · end of year $18,398,780
-
15 · Other assets
beginning of year $19,283,284 · end of year $22,864,420
-
17 · Accounts payable and accrued expenses
beginning of year $1,183,977 · end of year $1,231,463
-
19 · Deferred revenue
beginning of year $0 · end of year $10,000
-
24 · Unsecured notes and loans payable
beginning of year $10,708,373 · end of year $10,046,401
-
25 · Other liabilities
beginning of year $24,884,186 · end of year $28,907,198
-
27 · Net assets without donor restrictions
beginning of year $2,431,111 · end of year $969,437
-
28 · Net assets with donor restrictions
beginning of year $6,768,598 · end of year $5,644,579
Mission and programs · 2024
Mission
OUR VISION OF A STRONGER, INNOVATIVE, GLOBALLY COMPETITIVE AND MORE VIBRANT REGION IS EMPOWERED BY OUR MISSION TO SUPPORT THE BAY AREA COUNCIL AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER MORE VIBRANT COMMUNITIES (CONTINUED ON SCHEDULE O)A HEALTHY ECONOMY AND A MORE INNOVATIVE AND GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA. BACKED BY THE BAY AREA COUNCIL A 501(C)(4) ORGANIZATION WITH OVER 60 YEARS OF EXPERIENCE AND A SUCESSFUL TRACK RECORD IN THE POLICY ARENA, WE PROVIDE A STRONG FRAMEWORK AND RESOURCE BASE FOR ADDRESSING THE INTERDEPENDENT FORCESTHAT GOVERN THE REGIONAL ECONOMY WITH AN EYE ON LOCAL, STATE, NATIONAL AND INTERNATIONAL FACTORS. THE FOUNDATION WORK CAN BE SUMMARIZED IN THREE KEY WORDS: RESEARCHING; EDUCATING; IMPLEMENTING.
Activities or mission (Part I)
BAY AREA COUNCIL FOUNDATION (BACF) IS A 501(C)(3) CHARITABLE ORG (CONTINUED ON SCHEDULE O) FOUNDED IN 2004 TO FUND, MANAGE AND IMPLEMENT INITIATIVES THAT IMPACT THE ENTIRE BAY AREA REGION OF CALIFORNIA. THE MISSION OF BACF IS TO SUPPORT THE BAY AREA COUNCIL (BAC) AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER, MORE VIBRANT COMMUNITIES, A HEALTHY ECONOMY, AND A MORE INNOVATIVE, GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA REGION.
-
ECONOMIC INSTITUTE (EI) - VARIOUS SPECIFIC RESEARCH PROJECTS FOR WHICH ECONOMIC REPORTS AND ANALYSIS WERE PREPARED AND COMMUNICATED TO THE BUSINESS COMMUNITY AND BAC MEMBERS. THE EI REVENUE AND EXPENSE FIGURES REPRESENT THE AUDITED FINANCIALS FOR THE ECONOMIC INSTITUTE SEGMENT OF THE BAY AREA COUNCIL FOUNDATION BUSINESS. NOTE THERE ARE CONTRACTUAL TIMING DIFFERENCES RELATIVE TO REVENUE AND EXPENSES RECOGNITION WITH EACH SPECIFIC RESEARCH PROJECT.
Expenses $2,884,820 · Revenue $1,404,103
-
EDUCATION - WE BELIEVE IS ONE OF THE TOP COMPETITIVE FACTORS SHAPING THE BAY AREA. THEREFORE THE BACF HELPS DRIVE INITIATIVES TO HELP RAISE CALIFORNIA STUDENT ACHIEVEMENT THROUGH DATA, TEACHER QUALITY. WE HAVE KEY INITIATIVES GEARED TOWARD IMPROVING THE OUTCOMES OF THE STATES P-12 EDUCATION SYSTEM. WE ALSO EXPLORE HOW TO INCREASE LOW-INCOME ACCESS TO EARLY CHILD CARE IN THE BAY AREA AND STATE.
Expenses $810,831
-
CALIFORNIA RESILIENCE PROGRAM - THE CALIFORNIA RESILIENCE CHALLENGE IS A STATEWIDE INITIATIVE TO SUPPORT INNOVATIVE CLIMATE ADAPTATION PLANNING. THE PROGRAM PROVIDES GRANTS UP TO $200,000 TO STRENGTHEN LOCAL RESILIENCE TO CLIMATE-RELATED THREATS SUCH AS WILDFIRE, DROUGHT, FLOOD, AND EXTREME HEAT EVENTS. THE INITIATIVE IS DESIGNED TO CREATE SCALABLE PLANS AND INFRASTRUCTURE TO MEET THE IMMEDIATE AND LONG-TERM CLIMATE ADAPTATION NEEDS OF COMMUNITIES ACROSS THE STATE.
Expenses $769,502 · Grants $769,502
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alexander Mehran SrALEXANDER MEHRAN SR
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alicia McKnightALICIA MCKNIGHT
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Allison RoseALLISON ROSE
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Anne BakarANNE BAKAR
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brandon SchneiderBRANDON SCHNEIDER
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brandon ShorensteinBRANDON SHORENSTEIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Carla PetermanCARLA PETERMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Carrie Owen PlietzCARRIE OWEN PLIETZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Chris CiminoCHRIS CIMINO
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Christine Del RosarioCHRISTINE DEL ROSARIO
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Christopher RivielleCHRISTOPHER RIVIELLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Clinton ReillyCLINTON REILLY
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Fergus O'SheaFERGUS O'SHEA
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gary HallGARY HALL
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Grace DavisGRACE DAVIS
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Greg McWilliamsGREG MCWILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jake BerlinerJAKE BERLINER
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jed YorkJED YORK
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jennifer HernandezJENNIFER HERNANDEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John GingrichJOHN GINGRICH
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Julie RottenbergJULIE ROTTENBERG
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kausik RajgopalKAUSIK RAJGOPAL
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin XuKEVIN XU
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kristi McKenneyKRISTI MCKENNEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kristina LawsonKRISTINA LAWSON
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Laurence BaerLAURENCE BAER
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Linda RendleLINDA RENDLE
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Liz MinickLIZ MINICK
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Martin KropelnickiMARTIN KROPELNICKI
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael CovarrubiasMICHAEL COVARRUBIAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mike NakornkhetMIKE NAKORNKHET
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mike ZukermanMIKE ZUKERMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Papia GambelinPAPIA GAMBELIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Peg McAllisterPEG MCALLISTER
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Phillip MazziePHILLIP MAZZIE
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Richard Lyons PhDRICHARD LYONS PHD
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Salvatore ConiglioSALVATORE CONIGLIO
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Samuel HawgoodSAMUEL HAWGOOD
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sunil PandyaSUNIL PANDYA
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tony MestresTONY MESTRES
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James WundermanJAMES WUNDERMAN
CEO
- Total calculated
- $1,050,450
- From this org
- $0
- From related orgs
- $909,044
- Other
- $141,406
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $668,391 related
- Bonus
- $0 + $228,353 related
- Other
- $0 + $12,300 related
- Deferred
- $0 + $41,400 related
- Nontaxable benefits
- $0 + $100,006 related
- Filer's total
- $0 + $1,050,450 related
-
John GrubbJOHN GRUBB
COO
- Total calculated
- $469,175
- From this org
- $0
- From related orgs
- $396,085
- Other
- $73,090
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $308,025 related
- Bonus
- $0 + $85,600 related
- Other
- $0 + $2,460 related
- Deferred
- $0 + $37,111 related
- Nontaxable benefits
- $0 + $35,979 related
- Filer's total
- $0 + $469,175 related
-
Julie RoweJULIE ROWE
CFO
- Total calculated
- $403,439
- From this org
- $0
- From related orgs
- $373,349
- Other
- $30,090
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $161,164 related
- Bonus
- $0 + $109,725 related
- Other
- $0 + $102,460 related
- Deferred
- $0 + $27,424 related
- Nontaxable benefits
- $0 + $2,666 related
- Filer's total
- $0 + $403,439 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
- 4a · Severance or change-of-control payment
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THERE WERE NO PAID EMPLOYEES FOR BAY AREA COUNCIL FOUNDATION. ALL OFFICERS ARE PAID BY RELATED ORGANIZATION, BAY AREA COUNCIL 501(C)(4), AND TRANSFER PRICING METHODS ARE USED TO ALLOCATE TO THE RELATED BACF ENTITY.
- PART I, LINE 4A
- JULIE ROWE RECEIVED A $100,000 SEVERANCE PAYMENT IN 2024 FROM A RELATED ORGANIZATION.
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
-
TZICATL COMMUNITY DEVELOPMENT CORP
$195,500
GRANT AWARD FOR CALIFORNIA RESILIENCE
-
$120,500
GRANT AWARD FOR CALIFORNIA RESILIENCE
-
$115,500
GRANT AWARD FOR CALIFORNIA RESILIENCE
-
GRANT AWARD FOR CALIFORNIA RESILIENCE
-
$100,000
GRANT AWARD FOR CALIFORNIA RESILIENCE
-
GRANT AWARD FOR CALIFORNIA RESILIENCE
-
GRANT AWARD FOR CALIFORNIA RESILIENCE
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)(4) · SOCIAL WELFARE · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349307151
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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