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← FEDCO CHARITABLE FOUNDATION

Form 990 for tax year 2022

Filed by FEDCO CHARITABLE FOUNDATION.

Totals

Total revenue
$51,440
Total expenses
$452,094
Contributions and grants received
$0
Grants paid
$360,500
Program service revenue
$0
Investment income
$51,440
Other revenue
$0
Total assets, end of year
$7,320,541
Total liabilities, end of year
$150,000
Net assets or fund balances, end of year
$7,170,541
Program services expenses (Part IX)
$360,500
Management and general expenses
$91,594
Fundraising expenses
$0
Program service expenses (Part III)
$360,500

Program services were 79.7% 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 $57,102 · excluded $57,102

  • 7b · Less cost or other basis and sales expenses

    securities $5,662

  • 7c · Gain or loss

    securities -$5,662

  • 7d · Net gain or loss

    total -$5,662 · related or exempt -$5,662

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $360,500 · program services $360,500

  • 11a · Fees: management

    total $63,289 · management and general $63,289

  • 11b · Fees: legal

    total $1,280 · management and general $1,280

  • 11c · Fees: accounting

    total $2,570 · management and general $2,570

  • 11f · Fees: investment management

    total $19,091 · management and general $19,091

  • 11g · Fees: other

    total $3,000 · management and general $3,000

  • 19 · Conferences, conventions and meetings

    total $2,164 · management and general $2,164

  • 24a · Other expenses: PROPERTY & INCOME TAXES

    total $200 · management and general $200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $14,641

  • 11 · Investments: publicly traded securities

    beginning of year $6,197,134 · end of year $6,405,473

  • 12 · Investments: other securities

    beginning of year $901,530 · end of year $900,427

  • 18 · Grants payable

    end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $7,098,664 · end of year $7,170,541

Mission and programs · 2022

Mission

SUPPORTING ORGANIZATION OF CALIFORNIA COMMUNITY FOUNDATION. CHARITABLE GRANT MAKING.

Activities or mission (Part I)

SUPPORTING ORGANIZATION OF CALIFORNIA COMMUNITY FOUNDATION. CHARITABLE.

  • THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF THE INTERNAL REVENUE CODE. IT ADMINISTERS CONTRIBUTIONS RECEIVED AND DISTRIBUTES GRANTS FOR CHARITABLE PURPOSES

    Expenses $360,500 · Grants $360,500 · Revenue $51,440

As filed on the 2022 return.

Listed in Part VII

  • Thomas Saenz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Virgil Roberts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Reveta Bowers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Maria Ott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

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.

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
2022
Filed
1 May 2024
IRS schema version
2022v5.0
Source object
202431299349303788

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

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