Form 990 for tax year 2024

Filed by YOSEMITE FOUNDATION.

Totals

Total revenue: $29,066,430
Total expenses: $24,455,413
Contributions and grants received: $23,770,830
Grants paid: $10,598,979
Program service revenue: $1,528,322
Investment income: $1,398,110
Other revenue: $2,369,168
Total assets, end of year: $52,152,134
Total liabilities, end of year: $6,129,839
Net assets or fund balances, end of year: $46,022,295
Program services expenses (Part IX): $18,818,284
Management and general expenses: $1,645,337
Fundraising expenses: $3,991,792
Program service expenses (Part III): $18,818,284

Program services were 76.9% 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)

$743,714
1f · All other contributions, gifts and grants

$23,027,116
1g · Noncash contributions included above

$1,294,282
2a · Program service revenue: PROGRAM FEES

total $1,528,322 · related or exempt $1,528,322
3 · Investment income

total $1,267,602 · excluded $1,267,602
5 · Royalties

total $23,880 · excluded $23,880
6a · Gross rents

real property $105,404
6b · Less rental expenses

real property $185,073
6c · Rental income or loss

real property -$79,669
6d · Net rental income or loss

total -$79,669 · excluded -$79,669
7a · Gross sales of assets other than inventory

securities $2,714,266
7b · Less cost or other basis and sales expenses

securities $2,583,758
7c · Gain or loss

securities $130,508
7d · Net gain or loss

total $130,508 · excluded $130,508
10a · Gross sales of inventory

$4,862,479
10b · Cost of goods sold

$2,573,904
10c · Net income from sales of inventory

total $2,288,575 · related or exempt $2,288,575
11a · Other revenue: DONOR APPRECIATION EVE

total $133,784 · excluded $133,784
11b · Other revenue: MISCELLANEOUS REVENUE

total $2,598 · excluded $2,598
11e · Other revenue, total

$136,382

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $10,598,979 · program services $10,598,979
5 · Compensation of officers, directors and key employees

total $826,250 · program services $133,520 · management and general $374,142 · fundraising $318,588
7 · Other salaries and wages

total $4,929,851 · program services $4,011,292 · management and general $151,278 · fundraising $767,281
8 · Pension plan contributions

total $310,394 · program services $209,001 · management and general $33,063 · fundraising $68,330
9 · Other employee benefits

total $894,120 · program services $630,575 · management and general $111,722 · fundraising $151,823
10 · Payroll taxes

total $549,323 · program services $420,704 · management and general $41,941 · fundraising $86,678
11b · Fees: legal

total $5,138 · management and general $2,620 · fundraising $2,518
11c · Fees: accounting

total $57,435 · management and general $57,435
11e · Fees: professional fundraising services

total $277,648 · fundraising $277,648
11f · Fees: investment management

total $113,860 · management and general $113,860
11g · Fees: other

total $897,700 · program services $402,376 · management and general $258,992 · fundraising $236,332
12 · Advertising and promotion

total $1,157,430 · program services $1,157,430
13 · Office expenses

total $191,437 · program services $147,389 · management and general $17,954 · fundraising $26,094
14 · Information technology

total $437,878 · program services $275,545 · management and general $70,175 · fundraising $92,158
16 · Occupancy

total $199,599 · program services $151,847 · management and general $11,631 · fundraising $36,121
17 · Travel

total $224,497 · program services $89,675 · management and general $103,805 · fundraising $31,017
19 · Conferences, conventions and meetings

total $344,713 · program services $166,845 · management and general $132,116 · fundraising $45,752
22 · Depreciation, depletion and amortization

total $14,905 · program services $664 · management and general $14,241
23 · Insurance

total $52,684 · program services $41,716 · management and general $2,632 · fundraising $8,336
24a · Other expenses: PRINTING & POSTAGE

total $1,909,592 · program services $137,552 · management and general $56,332 · fundraising $1,715,708
24b · Other expenses: BANK & MERCHANT FEES

total $324,434 · program services $186,529 · management and general $35,487 · fundraising $102,418
24c · Other expenses: EQUIP., MAINT & REPAIR

total $54,556 · program services $32,875 · management and general $14,674 · fundraising $7,007
24d · Other expenses: TAXES & LICENSES

total $50,360 · program services $3,728 · management and general $34,977 · fundraising $11,655
24e · All other expenses

total $32,630 · program services $20,042 · management and general $6,260 · fundraising $6,328
26 · Joint costs (an allocation of the lines above)

total $2,971,122 · program services $1,323,481 · management and general $15,161 · fundraising $1,632,480

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $9,782,116 · end of year $13,311,815
2 · Savings and temporary cash investments

beginning of year $5,888,246 · end of year $6,393,043
3 · Pledges and grants receivable

beginning of year $1,919,324 · end of year $2,343,997
4 · Accounts receivable

beginning of year $101,095 · end of year $123,940
8 · Inventories for sale or use

beginning of year $818,047 · end of year $849,932
9 · Prepaid expenses and deferred charges

beginning of year $677,762 · end of year $1,009,150
10a · Land, buildings and equipment: cost or other basis

$5,515,356
10b · Land, buildings and equipment: accumulated depreciation

$493,781
10c · Land, buildings and equipment, net

beginning of year $4,656,704 · end of year $5,021,575
11 · Investments: publicly traded securities

beginning of year $18,387,769 · end of year $19,204,322
12 · Investments: other securities

beginning of year $3,303,210 · end of year $3,473,637
15 · Other assets

beginning of year $611,805 · end of year $420,723
17 · Accounts payable and accrued expenses

beginning of year $1,571,388 · end of year $1,410,157
18 · Grants payable

beginning of year $2,888,927 · end of year $4,322,524
25 · Other liabilities

beginning of year $607,999 · end of year $397,158
27 · Net assets without donor restrictions

beginning of year $30,044,948 · end of year $30,978,693
28 · Net assets with donor restrictions

beginning of year $11,032,816 · end of year $15,043,602

Mission and programs · 2024

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, HISTORIC PRESERVATION, WILDLIFE MANAGEMENT, SCIENTIFIC RESEARCH, VISITOR SERVICES, AND MORE.

Expenses $12,252,418 · Grants $10,598,979
PARK PROGRAMS: THE CONSERVANCY SUPPORTS THE PRESERVATION AND EDUCATION RELATED ROLES OF THE NATIONAL PARK SERVICE MISSION THROUGH A VARIED 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 SOCIAL HISTORY, PHOTOGRAPHY, AND THE ARTS. THE CONSERVANCY ALSO CONDUCTS EDUCATIONAL FIELD PROGRAMS ON A CUSTOM BASIS AND BY CONTRACT WITH TRAVEL PROVIDERS. 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, (CONT. ON SCH. O) 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.

Expenses $4,236,386 · Revenue $1,528,322
RETAIL & PUBLISHING: THIS PROGRAM COMPRISES SALES CONDUCTED AT VISITOR CENTER BOOKSTORES, INFORMATION CENTERS AND WILDERNESS CENTERS, THROUGH AN ONLINE STORE, AND TO WHOLESALE CUSTOMERS. 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 $2,329,480 · Revenue $2,288,575

As filed on the 2024 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
JESSICA CLARK CHEN

BOARD MEMBER

Total calculated

$0

Hours/week

2
CAROL DIAZ

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

$332,140

From this org

$313,234

From related orgs

$0

Other

$18,906

Hours/week

40

Schedule J breakdown matched by us

Base

$280,874

Bonus

$20,000

Other

$12,360

Deferred

$18,786

Nontaxable benefits

$120

Filer's total

$332,140
KEVIN GAY

CFO

Total calculated

$245,603

From this org

$220,801

From related orgs

$0

Other

$24,802

Hours/week

40

Schedule J breakdown matched by us

Base

$220,441

Bonus

$0

Other

$360

Deferred

$15,624

Nontaxable benefits

$9,178

Filer's total

$245,603
MARION INGERSOLL

CHIEF DEVELOPMENT OFFICER

Total calculated

$248,506

From this org

$223,201

From related orgs

$0

Other

$25,305

Hours/week

40

Schedule J breakdown matched by us

Base

$222,841

Bonus

$0

Other

$360

Deferred

$15,624

Nontaxable benefits

$9,681

Filer's total

$248,506
KIMIKO MARTINEZ

CHIEF MARKETING & COMMS

Total calculated

$213,187

From this org

$189,565

From related orgs

$0

Other

$23,622

Hours/week

40

Schedule J breakdown matched by us

Base

$189,205

Bonus

$0

Other

$360

Deferred

$13,493

Nontaxable benefits

$10,129

Filer's total

$213,187
CAITLIN ALLARD

PHILANTHROPY OFFICER

Total calculated

$173,435

From this org

$152,440

From related orgs

$0

Other

$20,995

Hours/week

40

Schedule J breakdown matched by us

Base

$152,080

Bonus

$0

Other

$360

Deferred

$10,671

Nontaxable benefits

$10,324

Filer's total

$173,435
ADONIA RIPPLE

CHIEF OF YOSEMITE OPS

Total calculated

$168,233

From this org

$147,578

From related orgs

$0

Other

$20,655

Hours/week

40

Schedule J breakdown matched by us

Base

$147,218

Bonus

$0

Other

$360

Deferred

$10,331

Nontaxable benefits

$10,324

Filer's total

$168,233
JEFF WHEELER

DIRECTOR OF HR

Total calculated

$170,787

From this org

$150,701

From related orgs

$0

Other

$20,086

Hours/week

40

Schedule J breakdown matched by us

Base

$150,341

Bonus

$0

Other

$360

Deferred

$6,238

Nontaxable benefits

$13,848

Filer's total

$170,787
ISABELLE LUEBBERS

SR. ANNUAL GIVING DIR.

Total calculated

$159,326

From this org

$148,720

From related orgs

$0

Other

$10,606

Hours/week

40

Schedule J breakdown matched by us

Base

$146,560

Bonus

$0

Other

$2,160

Deferred

$10,486

Nontaxable benefits

$120

Filer's total

$159,326

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 · Compensation survey or study
3 · Approval by the board or compensation committee
4b · Supplemental nonqualified retirement plan
7 · Other non-fixed payments

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
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A: THE PRESIDENT/CEO RECEIVED A TAXABLE TRANSPORTATION STIPEND OF $12,000 DURING THE 2024 CALENDAR YEAR REPORTED IN COLUMN B(III).
PART I, LINE 4B: THE PRESIDENT/CEO PARTICIPATED IN A 457(F) PLAN. THERE WERE NO TRANSACTIONS IN THE 2024 CALENDAR YEAR.
PART I, LINE 7: THE PRESIDENT/CEO RECEIVED A DISCRETIONARY MERIT BONUS WHICH WAS INCLUDED IN HIS TAXABLE WAGES ON PART II, B(II),

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

$10,598,979

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 $105,403 · assets $4,788,303

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: 2024
Filed: 12 June 2025
IRS schema version: 2024v5.1
Source object: 202511689349300806

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