Totals
- Total revenue
- $1,715,122
- Total expenses
- $5,384,988
- Contributions and grants received
- $0
- Grants paid
- $5,090,000
- Program service revenue
- $0
- Investment income
- $1,715,122
- Other revenue
- $0
- Total assets, end of year
- $34,912,577
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $34,912,577
- Program services expenses (Part IX)
- $5,090,000
- Management and general expenses
- $294,988
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,090,000
Program services were 94.5% 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.
-
3 · Investment income
total $836,654 · excluded $836,654
-
7a · Gross sales of assets other than inventory
securities $878,468
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $878,468
-
7d · Net gain or loss
total $878,468 · excluded $878,468
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,090,000 · program services $5,090,000
-
11a · Fees: management
total $151,399 · management and general $151,399
-
11b · Fees: legal
total $272 · management and general $272
-
11f · Fees: investment management
total $143,117 · management and general $143,117
-
24a · Other expenses: PROPERTY AND INCOME TAX
total $200 · management and general $200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $928,038 · end of year -$1,614,534
-
11 · Investments: publicly traded securities
beginning of year $35,172,122 · end of year $36,527,111
-
27 · Net assets without donor restrictions
beginning of year $36,100,160 · end of year $34,912,577
Mission and programs · 2023
Mission
SUPPORTING ORGANIZATION OF CALIFORNIA COMMUNITY FOUNDATION. CHARITABLE GRANT MAKING.
Activities or mission (Part I)
PROVIDE BENEFIT AND SUPPORT TO THE CALIFORNIA COMMUNITY FOUNDATION.
-
THE FOUNDATION'S ACTIVITIES INCLUDED GRANT MAKING TO SUPPORT THE CALIFORNIA COMMUNITY FOUNDATION, A PUBLIC CHARITY UNDER 501(C)(3).
Expenses $5,090,000 · Grants $5,090,000
As filed on the 2023 return.
Listed in Part VII
-
AUBREY G CHERNICK
PRESIDENT & BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOYCE CHERNICK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
TERRI MOSQUEDA
SECRETARY
- Total calculated
- $288,702
- From this org
- $0
- From related orgs
- $244,714
- Other
- $43,988
- Hours/week
- 0.5
Schedule J breakdown matched by us
- Base
- $0 + $244,714 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $25,143 related
- Nontaxable benefits
- $0 + $18,845 related
- Filer's total
- $0 + $288,702 related
-
MARIE AMBROSINO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
STEVEN J COBB
CHIEF FINANCIAL OFFICER
- Total calculated
- $450,875
- From this org
- $0
- From related orgs
- $389,255
- Other
- $61,620
- Hours/week
- 0.5
Schedule J breakdown matched by us
- Base
- $0 + $389,255 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $33,000 related
- Nontaxable benefits
- $0 + $28,620 related
- Filer's total
- $0 + $450,875 related
-
ELIZABETH HERNANDEZ
ASSISTANT TREASURER
- Total calculated
- $165,479
- From this org
- $0
- From related orgs
- $132,093
- Other
- $33,386
- Hours/week
- 0.5
Schedule J breakdown matched by us
- Base
- $0 + $132,093 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,145 related
- Nontaxable benefits
- $0 + $20,241 related
- Filer's total
- $0 + $165,479 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
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
-
CALIFORNIA COMMUNITY FOUNDATION
$5,090,000
PHILANTHROPIC ACTIVITY
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.
-
CALIFORNIA COMMUNITY FOUNDATION
501(C)(3) · CHARITABLE · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413189349306196
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