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Nonprofiteer
← ARLINGTON COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by ARLINGTON COMMUNITY FOUNDATION.

Totals

Total revenue
$16,507,053
Total expenses
$5,493,346
Contributions and grants received
$15,409,993
Grants paid
$4,065,119
Program service revenue
$48,751
Investment income
$1,082,486
Other revenue
-$34,177
Total assets, end of year
$50,626,160
Total liabilities, end of year
$8,501,552
Net assets or fund balances, end of year
$42,124,608
Program services expenses (Part IX)
$4,682,601
Management and general expenses
$372,950
Fundraising expenses
$437,795
Program service expenses (Part III)
$4,682,601

Program services were 85.2% 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

    $238,628

  • 1f · All other contributions, gifts and grants

    $15,171,365

  • 1g · Noncash contributions included above

    $5,048,071

  • 2a · Program service revenue: FUND MANAGEMENT FEES

    total $48,751 · related or exempt $48,751

  • 3 · Investment income

    total $1,025,083 · excluded $1,025,083

  • 7a · Gross sales of assets other than inventory

    securities $14,618,829

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

    securities $14,561,426

  • 7c · Gain or loss

    securities $57,403

  • 7d · Net gain or loss

    total $57,403 · excluded $57,403

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $238,628

  • 8b · Fundraising events: direct expenses

    $53,836

  • 8c · Net income from fundraising events

    total -$53,836 · excluded -$53,836

  • 11a · Other revenue: OTHER INCOME

    total $19,659 · excluded $19,659

  • 11e · Other revenue, total

    $19,659

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,482,950 · program services $3,482,950

  • 2 · Grants to domestic individuals

    total $582,169 · program services $582,169

  • 5 · Compensation of officers, directors and key employees

    total $315,920 · program services $145,875 · management and general $57,661 · fundraising $112,384

  • 7 · Other salaries and wages

    total $569,344 · program services $262,893 · management and general $103,915 · fundraising $202,536

  • 8 · Pension plan contributions

    total $16,230 · program services $7,494 · management and general $2,962 · fundraising $5,774

  • 9 · Other employee benefits

    total $20,681 · program services $9,549 · management and general $3,775 · fundraising $7,357

  • 10 · Payroll taxes

    total $59,911 · program services $27,663 · management and general $10,935 · fundraising $21,313

  • 11c · Fees: accounting

    total $211,079 · program services $139,705 · management and general $26,338 · fundraising $45,036

  • 11f · Fees: investment management

    total $114,132 · management and general $114,132

  • 12 · Advertising and promotion

    total $31,665 · fundraising $31,665

  • 13 · Office expenses

    total $30,934 · program services $4,528 · management and general $22,898 · fundraising $3,508

  • 16 · Occupancy

    total $17,223 · program services $8,158 · management and general $3,224 · fundraising $5,841

  • 19 · Conferences, conventions and meetings

    total $17,056 · program services $8,528 · management and general $8,528

  • 23 · Insurance

    total $7,360 · management and general $7,360

  • 24a · Other expenses: UNCOLLECTIBLE PLEDGE

    total $10,000 · management and general $10,000

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $5,543 · program services $2,559 · management and general $1,012 · fundraising $1,972

  • 24c · Other expenses: TAXES LICENSES AND FEES

    total $1,149 · program services $530 · management and general $210 · fundraising $409

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,970 · end of year $26,251

  • 2 · Savings and temporary cash investments

    beginning of year $6,798,377 · end of year $6,638,118

  • 3 · Pledges and grants receivable

    beginning of year $215,500 · end of year $27,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $36,867 · end of year $67,838

  • 10a · Land, buildings and equipment: cost or other basis

    $31,113

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,964

  • 10c · Land, buildings and equipment, net

    beginning of year $11,862 · end of year $10,149

  • 11 · Investments: publicly traded securities

    beginning of year $27,848,710 · end of year $31,069,489

  • 12 · Investments: other securities

    end of year $12,786,815

  • 15 · Other assets

    beginning of year $181,370 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $91,581 · end of year $56,901

  • 18 · Grants payable

    beginning of year $694,917 · end of year $611,420

  • 19 · Deferred revenue

    end of year $15,309

  • 21 · Escrow or custodial account liability

    beginning of year $5,505,698 · end of year $7,717,118

  • 25 · Other liabilities

    beginning of year $186,849 · end of year $100,804

  • 27 · Net assets without donor restrictions

    beginning of year $26,631,370 · end of year $40,069,481

  • 28 · Net assets with donor restrictions

    beginning of year $1,992,241 · end of year $2,055,127

Mission and programs · 2024

Mission

WE EXIST TO IDENTIFY AND ELEVATE THE NEEDS IN OUR COMMUNITY, AND TO ATTRACT AND DEPLOY CHARITABLE RESOURCES TO ADDRESS THOSE NEEDS. ACF STEWARDS THE GIFTS AND CHARITABLE LEGACIES OF INDIVIDUALS, FAMILIES AND BUSINESSES TO MEET NEEDS IN ARLINGTON AND BEYOND.

Activities or mission (Part I)

TO PROVIDE CHARITABLE SUPPORT AND LEADERSHIP TO IMPROVE QUALITY OF LIFE IN ARLINGTON AND BEYOND.

  • ARLINGTON COMMUNITY FOUNDATION'S COMMUNITY GRANTMAKING INCLUDES BOTH DISCRETIONARY AWARDS ALIGNED WITH OUR STRATEGIC INITIATIVES AND GRANTS MADE IN PARTNERSHIP WITH DONORS THROUGH FIELD-OF-INTEREST AND DONOR-ADVISED FUNDS. INDIVIDUALS, FAMILIES, AND BUSINESSES USE THE FOUNDATION AS A PLATFORM TO EXPLORE AND IMPLEMENT THEIR OWN CHARITABLE GOALS, SUPPORTED BY STAFF GUIDANCE AS DESIRED. OUR DISCRETIONARY GRANTMAKING PRIMARILY SUPPORTS DEMONSTRATION PILOTS AND INITIATIVES THAT MITIGATE THE DISPLACEMENT OF LOW INCOME RESIDENTS. KEY AREAS OF WORK INCLUDE DEEPLY AFFORDABLE HOUSING, ECONOMIC MOBILITY, AND ACCESSIBLE CHILDCARE. OUR ROLE IS TO WORK IN PARTNERSHIP WITH LOCAL GOVERNMENT, BUSINESSES, AND NONPROFIT ORGANIZATIONS TO SCALE COMMUNITY-CENTERED SOLUTIONS. THROUGH THIS DUAL APPROACH COMMUNITY LEADERSHIP AND DONOR SERVICES, WE ALIGN PHILANTHROPIC RESOURCES WITH HIGH-IMPACT, LOCALLY DRIVEN EFFORTS.

    Expenses $4,100,432 · Grants $3,482,950 · Revenue $48,751

  • ARLINGTON COMMUNITY FOUNDATION ADMINISTERS A WELL-ESTABLISHED SCHOLARSHIP PROGRAM THAT MAKES AWARDS TO APPROXIMATELY 200 STUDENTS EACH YEAR. THE PROGRAM IS FUNDED BY GENEROUS INDIVIDUALS, FAMILIES, BUSINESSES, AND ORGANIZATIONS, MANY OF WHOM ESTABLISH NAMED SCHOLARSHIPS TO HONOR LOVED ONES, EMPLOYEES, OR COMMUNITY MEMBERS. DONORS DEFINE THE ELIGIBILITY CRITERIA, SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED, ATHLETIC INVOLVEMENT, OR COMMUNITY SERVICE, WHILE THE FOUNDATION'S SCHOLARSHIP COMMITTEE MANAGES THE SELECTION PROCESS, ENSURING BROAD OUTREACH AND EQUITABLE REVIEW ACROSS A DIVERSE APPLICANT POOL. IN ADDITION, CONTRIBUTIONS TO THE COMMUNITY SCHOLARSHIP FUND SUPPORT A GENERAL POOL OF AWARDS THAT RESPOND FLEXIBLY TO STUDENTS' DEMONSTRATED NEEDS AND ASPIRATIONS. THIS PROGRAM EXPANDS ACCESS TO POST-SECONDARY EDUCATION FOR ARLINGTON-AREA STUDENTS AND REFLECTS THE COMMUNITY'S COLLECTIVE INVESTMENT IN EDUCATIONAL OPPORTUNITY.

    Expenses $582,169 · Grants $582,169

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Patricia Rodriguez

    CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Deb Gandy

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Dana Laidhold

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Carmen Oviedo

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dulce Carrillo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tanja Castro

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Levar Crooms

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dimple Dhabalia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jade Gong

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jason Howell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dan McCabe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nancy McEldowney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Chris Musto

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karrenthya Simmons

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ashleigh Simpson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Owens

    PRESIDENT & CEO

    Total calculated
    $280,919
    From this org
    $250,274
    From related orgs
    $0
    Other
    $30,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,274
    Bonus
    $35,000
    Other
    $0
    Deferred
    $9,379
    Nontaxable benefits
    $21,266
    Filer's total
    $280,919

  • Christina Cole

    DIR OF PHILANTHROPY

    Total calculated
    $153,708
    From this org
    $149,231
    From related orgs
    $0
    Other
    $4,477
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $149,231
    Bonus
    $0
    Other
    $0
    Deferred
    $4,477
    Nontaxable benefits
    $0
    Filer's total
    $153,708

  • Brian Marroquin

    DIR GRANTS/INITIATIVES

    Total calculated
    $125,479
    From this org
    $119,594
    From related orgs
    $0
    Other
    $5,885
    Hours/week
    40

  • Nicholas Knock

    DIR OF COMMUNICATIONS

    Total calculated
    $113,210
    From this org
    $101,027
    From related orgs
    $0
    Other
    $12,183
    Hours/week
    40

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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
7 May 2026
IRS schema version
2024v5.5
Source object
202621319349304957

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