Form 990 for tax year 2023

Filed by YOSEMITE FOUNDATION.

Totals

Total revenue: $23,607,653
Total expenses: $19,599,742
Contributions and grants received: $19,414,427
Grants paid: $6,820,822
Program service revenue: $1,375,998
Investment income: $914,764
Other revenue: $1,902,464
Total assets, end of year: $46,146,078
Total liabilities, end of year: $5,068,314
Net assets or fund balances, end of year: $41,077,764
Program services expenses (Part IX): $14,179,489
Management and general expenses: $2,074,555
Fundraising expenses: $3,345,698
Program service expenses (Part III): $14,179,489

Program services were 72.3% 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.

1c · Fundraising events

$649,236
1f · All other contributions, gifts and grants

$18,765,191
1g · Noncash contributions included above

$207,379
2a · Program service revenue: PROGRAM FEES

total $1,375,998 · related or exempt $1,375,998
3 · Investment income

total $968,481 · excluded $968,481
5 · Royalties

total $600 · excluded $600
6a · Gross rents

real property $81,722
6b · Less rental expenses

real property $157,363
6c · Rental income or loss

real property -$75,641
6d · Net rental income or loss

total -$75,641 · excluded -$75,641
7a · Gross sales of assets other than inventory

securities $4,359,533
7b · Less cost or other basis and sales expenses

securities $4,413,250
7c · Gain or loss

securities -$53,717
7d · Net gain or loss

total -$53,717 · excluded -$53,717
8a · Fundraising events: gross income

$461,861
8a · Fundraising events: contributions included on line 1c

$649,236
8b · Fundraising events: direct expenses

$397,623
8c · Net income from fundraising events

total $64,238 · excluded $64,238
10a · Gross sales of inventory

$4,181,477
10b · Cost of goods sold

$2,322,327
10c · Net income from sales of inventory

total $1,859,150 · related or exempt $1,859,150
11a · Other revenue: DONOR APPRECIATION EVENTS

total $54,117 · excluded $54,117
11e · Other revenue, total

$54,117

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $6,820,822 · program services $6,820,822
5 · Compensation of officers, directors and key employees

total $855,467 · program services $149,865 · management and general $384,545 · fundraising $321,057
7 · Other salaries and wages

total $4,171,314 · program services $3,376,359 · management and general $512,544 · fundraising $282,411
8 · Pension plan contributions

total $271,249 · program services $184,155 · management and general $52,067 · fundraising $35,027
9 · Other employee benefits

total $831,604 · program services $493,141 · management and general $159,487 · fundraising $178,976
10 · Payroll taxes

total $641,714 · program services $484,419 · management and general $94,035 · fundraising $63,260
11b · Fees: legal

total $10,768 · management and general $4,100 · fundraising $6,668
11c · Fees: accounting

total $66,067 · program services $300 · management and general $65,767
11e · Fees: professional fundraising services

total $180,000 · fundraising $180,000
11f · Fees: investment management

total $98,931 · management and general $98,931
11g · Fees: other

total $968,046 · program services $422,975 · management and general $386,837 · fundraising $158,234
12 · Advertising and promotion

total $1,012,937 · program services $1,012,713 · management and general $21 · fundraising $203
13 · Office expenses

total $323,981 · program services $142,979 · management and general $69,527 · fundraising $111,475
14 · Information technology

total $300,405 · program services $243,763 · management and general $12,549 · fundraising $44,093
15 · Royalties

total $39,805 · program services $39,805
16 · Occupancy

total $83,169 · program services $34,093 · management and general $12,950 · fundraising $36,126
17 · Travel

total $164,359 · program services $77,747 · management and general $68,592 · fundraising $18,020
19 · Conferences, conventions and meetings

total $106,915 · program services $53,538 · management and general $52,951 · fundraising $426
22 · Depreciation, depletion and amortization

total $77,924 · program services $69,811 · management and general $6,414 · fundraising $1,699
23 · Insurance

total $73,103 · program services $61,562 · management and general $2,770 · fundraising $8,771
24a · Other expenses: PRINTING & POSTAGE

total $2,049,214 · program services $242,437 · management and general $11,204 · fundraising $1,795,573
24b · Other expenses: BANK & MERCHANT FEES

total $252,876 · program services $166,624 · management and general $7,775 · fundraising $78,477
24c · Other expenses: MEDIA & PUBLICATION PRO

total $72,571 · program services $72,571
24d · Other expenses: TAXES AND LICENSES

total $60,630 · program services $16,854 · management and general $34,648 · fundraising $9,128
24e · All other expenses

total $65,871 · program services $12,956 · management and general $36,841 · fundraising $16,074
26 · Joint costs (an allocation of the lines above)

total $2,902,331 · program services $1,316,707 · management and general $14,244 · fundraising $1,571,380

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $10,532,029 · end of year $9,782,116
2 · Savings and temporary cash investments

beginning of year $1,887,302 · end of year $5,888,246
3 · Pledges and grants receivable

beginning of year $4,298,510 · end of year $1,919,324
4 · Accounts receivable

beginning of year $76,018 · end of year $101,095
8 · Inventories for sale or use

beginning of year $657,629 · end of year $818,047
9 · Prepaid expenses and deferred charges

beginning of year $701,308 · end of year $677,762
10a · Land, buildings and equipment: cost or other basis

$5,294,903
10b · Land, buildings and equipment: accumulated depreciation

$638,199
10c · Land, buildings and equipment, net

beginning of year $4,745,702 · end of year $4,656,704
11 · Investments: publicly traded securities

beginning of year $14,431,534 · end of year $18,387,769
12 · Investments: other securities

beginning of year $2,904,624 · end of year $3,303,210
15 · Other assets

beginning of year $784,862 · end of year $611,805
17 · Accounts payable and accrued expenses

beginning of year $1,177,496 · end of year $1,571,388
18 · Grants payable

beginning of year $3,196,176 · end of year $2,888,927
25 · Other liabilities

beginning of year $794,659 · end of year $607,999
27 · Net assets without donor restrictions

beginning of year $24,943,586 · end of year $30,044,948
28 · Net assets with donor restrictions

beginning of year $10,907,601 · end of year $11,032,816

Mission and programs · 2023

Mission

YOSEMITE CONSERVANCY INSPIRES PEOPLE TO SUPPORT PROJECTS AND PROGRAMS THAT PRESERVE YOSEMITE AND ENRICH THE VISITOR EXPERIENCE.

Activities or mission (Part I)

PRESERVATION AND RESTORATION OF YOSEMITE NATIONAL PARK

PARK ENHANCEMENTS -EVERY YEAR, THE CONSERVANCY PROVIDES GRANTS TO YOSEMITE NATIONAL PARK BASED ON THE HIGHEST PRIORITY NEEDS OF THE PARK. THESE GRANTS PROVIDE ESSENTIAL FUNDING FOR TRAIL REPAIR, HABITAT RESTORATION, CULTURAL AND HISTORIC PRESERVATION, WILDLIFE MANAGEMENT, SCIENTIFIC RESEARCH, VISITOR SERVICES, AND MORE. TO DATE THE CONSERVANCY HAS PROVIDED $162 MILLION IN GRANTS FOR MORE THAN 850 COMPLETED PROJECTS TO PRESERVE YOSEMITE AND ENRICH THE VISITOR EXPERIENCE FOR ALL. THROUGH THE GENEROUS DONATIONS OF INDIVIDUALS, CORPORATIONS AND FOUNDATIONS, THE CONSERVANCY PROVIDED OVER $17 MILLION IN CASH AND NON-CASH SUPPORT, INCLUDING (CONTINUE ON SCHEDULE O)THE VALUE OF 376 VOLUNTEERS DONATING APPROXIMATELY 20,000 HOURS, TO YOSEMITE IN 2023.

Expenses $9,007,017 · Grants $6,820,822
PARK PROGRAMS-THE CONSERVANCY SUPPORTS THE PRESERVATION AND EDUCATION RELATED ROLES OF THE NATIONAL PARK SERVICE MISSION THROUGH A DIVERSE PORTFOLIO OF PUBLIC EDUCATIONAL PROGRAMS. THE CONSERVANCY'S OUTDOOR ADVENTURES ENHANCE THE YOSEMITE EXPERIENCE FOR PARK VISITORS THROUGH DOZENS OF INTERPRETIVE AND EDUCATIONAL DAY HIKES, BACKPACKING TRIPS AND OTHER PROGRAMS IN GEOLOGY, BOTANY, NATURAL AND CULTURAL HISTORY, PHOTOGRAPHY, AND THE ARTS. THE CONSERVANCY ALSO CONDUCTS EDUCATIONAL FIELD PROGRAMS ON A CUSTOM BASIS AND BY CONTRACT WITH TRAVEL PROVIDERS. (CONTINUE ON SCHEDULE O)IN ADDITION, THE CONSERVANCY SUPPORTS ART PROGRAMS, AND THE PARSON'S MEMORIAL LODGE SUMMER SERIES. THE CONSERVANCY ALSO HELPS INSPIRE AND TRAIN THE NEXT GENERATION OF STEWARDS BY SUPPORTING INTERNSHIPS, JUNIOR RANGER ACTIVITIES, AND OTHER YOUTH PROGRAMS IN THE PARK, AND HELPS SUSTAIN YOSEMITE-FOCUSED LEADERSHIP PROGRAMMING AND EDUCATIONAL OUTREACH WITH UNIVERSITY OF CALIFORNIA, MERCED.THE CONSERVANCY'S WILDERNESS OPERATIONS PROGRAM ASSISTS THE NATIONAL PARK SERVICE IN ENSURING THAT YOSEMITE BACKCOUNTRY VISITORS ARE EDUCATED ABOUT AND PREPARED FOR WILDERNESS TRAVEL. CONSERVANCY WILDERNESS STAFF MANAGE THE WILDERNESS RESERVATION SYSTEM, ISSUE PERMITS, SPONSOR THE BEAR-PROOF FOOD CANISTER RENTAL PROGRAM, OPERATE THE OSTRANDER SKI HUT, SELL INTERPRETIVE AND ORIENTATION MATERIALS, AND PROVIDE VISITORS WITH THE OPPORTUNITY FOR AN ENJOYABLE AND RESPECTFUL WILDERNESS EXPERIENCE.THE CONSERVANCY'S VOLUNTEER PROGRAM RECRUITS, TRAINS AND MANAGES VOLUNTEERS WHO SUPPORT YOSEMITE THROUGH NUMEROUS WEEK-LONG NATURAL RESOURCE RESTORATION PROJECTS AND THROUGH A MONTH-LONG "VISITOR INFORMATION ASSISTANT" PROGRAM THAT IMPROVES THE EXPERIENCE OF HUNDREDS OF THOUSANDS OF PARK VISITORS ANNUALLY.

Expenses $3,599,273 · Revenue $1,375,998
RETAIL AND PUBLISHING-THIS PROGRAM COMPRISES SALES CONDUCTED AT VISITOR CENTER BOOKSTORES, INFORMATION CENTERS AND WILDERNESS CENTERS, THROUGH AN ONLINE STORE, AND TO WHOLESALE VENDORS. IN ADDITION TO SELLING MAPS, GUIDES, NATIVE AMERICAN HANDCRAFTS, APPAREL AND OTHER ITEMS RELATED TO YOSEMITE AND THE SIERRA NEVADA, THE CONSERVANCY PUBLISHES AND SELLS BOOKS THAT EDUCATE PEOPLE AND INSPIRE THEM TO CONNECT WITH AND CARE FOR NATIONAL PARKS AND PUBLIC LANDS.

Expenses $1,573,199 · Revenue $1,859,150

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

STEVE CIESINSKI

CHAIRMAN

Total calculated

$0

Hours/week

4
DANA DORNSIFE

VICE CHAIR

Total calculated

$0

Hours/week

2
JEWELL ENGSTROM

TREASURER

Total calculated

$0

Hours/week

4
ROBYN MILLER

SECRETARY

Total calculated

$0

Hours/week

4
MATT ADAMS

BOARD MEMBER

Total calculated

$0

Hours/week

2
JAN AVENT

BOARD MEMBER

Total calculated

$0

Hours/week

2
DAVE DORNSIFE

BOARD MEMBER

Total calculated

$0

Hours/week

2
JUAN SANCHEZ MUNOZ

BOARD MEMBER

Total calculated

$0

Hours/week

2
RYAN MYERS

BOARD MEMBER

Total calculated

$0

Hours/week

4
PHILIP L PILLSBURY JR

BOARD MEMBER

Total calculated

$0

Hours/week

2
LAWSON RANKIN

BOARD MEMBER

Total calculated

$0

Hours/week

2
ROD REMPT

BOARD MEMBER

Total calculated

$0

Hours/week

2
ALAIN RODRIGUEZ

BOARD MEMBER

Total calculated

$0

Hours/week

2
DAVE ROSSETTI

BOARD MEMBER

Total calculated

$0

Hours/week

2
GREG STANGER

BOARD MEMBER

Total calculated

$0

Hours/week

2
ANN SUNDBY

BOARD MEMBER

Total calculated

$0

Hours/week

2
SCOTT WITTER

BOARD MEMBER

Total calculated

$0

Hours/week

2
FRANK DEAN

PRESIDENT & CEO

Total calculated

$372,798

From this org

$338,438

From related orgs

$0

Other

$34,360

Hours/week

40

Schedule J breakdown matched by us

Base

$304,078

Bonus

$22,000

Other

$12,360

Deferred

$21,343

Nontaxable benefits

$13,017

Filer's total

$372,798
GERALD EDELBROCK

VP/COO (THRU 2/23)

Total calculated

$55,248

From this org

$55,248

From related orgs

$0

Other

$0

Hours/week

40
KEVIN GAY

CFO

Total calculated

$240,271

From this org

$214,300

From related orgs

$0

Other

$25,971

Hours/week

40

Schedule J breakdown matched by us

Base

$213,940

Bonus

$0

Other

$360

Deferred

$15,169

Nontaxable benefits

$10,802

Filer's total

$240,271
MARION INGERSOLL

CHIEF DEVELOPMENT OFFICER

Total calculated

$242,395

From this org

$216,700

From related orgs

$0

Other

$25,695

Hours/week

40

Schedule J breakdown matched by us

Base

$216,340

Bonus

$0

Other

$360

Deferred

$15,168

Nontaxable benefits

$10,527

Filer's total

$242,395
KIMIKO MARTINEZ

CHIEF MARKETING & COMMUNIC

Total calculated

$210,018

From this org

$184,100

From related orgs

$0

Other

$25,918

Hours/week

40

Schedule J breakdown matched by us

Base

$183,740

Bonus

$0

Other

$360

Deferred

$13,100

Nontaxable benefits

$12,818

Filer's total

$210,018
CAITLIN ALLARD

PHILANTHROPY OFFICER

Total calculated

$171,377

From this org

$148,000

From related orgs

$0

Other

$23,377

Hours/week

40

Schedule J breakdown matched by us

Base

$147,640

Bonus

$0

Other

$360

Deferred

$10,360

Nontaxable benefits

$13,017

Filer's total

$171,377
ADONIA RIPPLE

CHIEF OF YOSEMITE OPERATIONS

Total calculated

$166,328

From this org

$143,281

From related orgs

$0

Other

$23,047

Hours/week

40

Schedule J breakdown matched by us

Base

$142,921

Bonus

$0

Other

$360

Deferred

$10,030

Nontaxable benefits

$13,017

Filer's total

$166,328
JULIA HEJL

PHILANTHROPY OFFICER

Total calculated

$155,081

From this org

$134,836

From related orgs

$0

Other

$20,245

Hours/week

40

Schedule J breakdown matched by us

Base

$134,476

Bonus

$0

Other

$360

Deferred

$9,842

Nontaxable benefits

$10,403

Filer's total

$155,081
ISABELLE LUEBBERS

SENIOR ANNUAL GIVING DIREC

Total calculated

$151,765

From this org

$141,680

From related orgs

$0

Other

$10,085

Hours/week

40

Schedule J breakdown matched by us

Base

$139,520

Bonus

$0

Other

$2,160

Deferred

$9,969

Nontaxable benefits

$116

Filer's total

$151,765

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

1a · Discretionary spending account
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Independent compensation consultant
3 · Compensation survey or study
3 · Approval by the board or compensation committee
4b · Supplemental nonqualified retirement plan

Answered no

4a · Severance or change-of-control payment
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 1A: THE PRESIDENT/CEO, FRANK DEAN, RECEIVED A TAXABLE TRANSPORTATION STIPEND OF $12,000 DURING 2023 REPORTED IN COLUMN B(III).
PART I, LINE 4B: FRANK DEAN IS A PARTICIPANT IN A 457(F) PLAN. THERE WERE NO TRANSACTIONS IN THE PLAN FOR 2023.

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

YOSEMITE NATIONAL PARK

$6,820,822

SEE PART IVGRANTS ARE GIVEN TO YOSEMITE NATIONAL PARK FOR PROJECTS THAT PRESERVE THE PARK AND ENHANCE VISITOR EXPERIENCE.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

YF REAL ESTATE HOLDINGS LLC

REAL ESTATE HOLDING · CA · income $81,722 · assets $4,535,716

Directly controlled by YOSEMITE FOUNDATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

CHARITABLE GIFT ANNUITY (7)

T · INVESTMENTS · CA

Provenance

Return type: form_990
Tax year: 2023
Filed: 20 June 2024
IRS schema version: 2023v5.1
Source object: 202401809349301315

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

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