Overview
What is The San Francisco Foundation?
The San Francisco Foundation, based in San Francisco, California, is a nonprofit organization with a mission to promote philanthropy, foster civic leadership, and build strong communities in the Bay Area. Committed to racial equity and economic inclusion, they grant funding to approximately 3,000 nonprofit organizations annually. Through their grantmaking, policy advocacy, partnerships with donors, and impact investing, they strive to ensure everyone in the Bay Area has a good job, a safe and affordable home, and a strong political voice. With 127 employees, the foundation mobilizes resources and acts as a catalyst for change to create lasting impact within the community.
Official website here: www.sff.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star Rating)
The San Francisco Foundation has achieved an impressive 99% rating on Charity Navigator, reflecting its strong performance in accountability and finance. This high rating signifies that the organization operates with a high level of transparency, governance, and effective financial management. The foundation has a fully independent board and demonstrates exceptional oversight, with no instances of material diversion of assets reported.
Strengths highlighted by the rating include a robust program expense ratio of 95.72%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization's fundraising efficiency ratio is remarkably low at $0.01, showcasing its ability to minimize fundraising expenses while maximizing contributions. The San Francisco Foundation also maintains comprehensive policies regarding conflict of interest and whistleblower protection, further reinforcing its commitment to ethical practices.
However, a limitation noted in the evaluation is the absence of a donor privacy policy, which received a score of zero. This may raise concerns for potential donors who prioritize privacy and data security in their philanthropic efforts. Overall, the San Francisco Foundation stands out as a well-managed nonprofit, with strong governance and financial health, despite this minor shortcoming in donor privacy.
This AI summary has been generated from information found on Charity Navigator.
Is The San Francisco Foundation legitimate?
The San Francisco Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The San Francisco Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,932,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,431,303
For more financial information, click here
Official website here: www.sff.org
What is the mission statement of The San Francisco Foundation?
The San Francisco Foundation acts as a catalyst for change by mobilizing resources to build strong communities, foster civic leadership, and promote philanthropy. Committed to racial equity and economic inclusion, the organization provides grant funding to numerous nonprofit organizations annually. Through grantmaking, policy advocacy, collaborations with donors, and impact investing, The San Francisco Foundation is helping ensure that everyone has access to a good job, safe and affordable housing, and a strong political voice.
Official website here: www.sff.org
Who is the CEO of The San Francisco Foundation?
Sonja Velez is the Chair of The San Francisco Foundation. The CEO's salary of The San Francisco Foundation is $477,907 and their total compensation is $565,279.
Official website here: www.sff.org
What is the revenue of The San Francisco Foundation?
The San Francisco Foundation's revenue in 2022 was $297,436,709.
Official website here: www.sff.org
Who are the executives of The San Francisco Foundation and what are their salaries?
The average compensation at The San Francisco Foundation during 2022 was $97,349. There are 127 employees and 50 volunteers at The San Francisco Foundation.
Here are 23 key members and their salaries (The San Francisco Foundation's CEO's salary is $477,907 and their total compensation is $565,279):
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- Compensation: $477,907
- Related: $0
- Other: $87,372
- Compensation: $321,937
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- Other: $51,603
- Compensation: $286,114
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- Other: $45,289
- Compensation: $300,219
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- Other: $64,172
- Compensation: $192,823
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- Other: $33,449
- Compensation: $221,850
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- Other: $53,036
- Compensation: $184,344
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- Other: $38,966
- Compensation: $182,712
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- Other: $64,110
- Compensation: $174,982
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- Other: $21,894
- Compensation: $172,359
- Related: $0
- Other: $60,579
Official website here: www.sff.org
Where can I find the form 990 for The San Francisco Foundation?
The San Francisco Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sff.org
Learn more at the official website: www.sff.org
Mission Statement of The San Francisco Foundation
The San Francisco Foundation, a leading philanthropic organization, is dedicated to mobilizing resources and serving as a catalyst for change in building strong communities, fostering civic leadership, and promoting philanthropy. With a commitment to racial equity and economic inclusion in the San Francisco Bay Area, the Foundation invests in approximately 3,000 nonprofit organizations annually through grantmaking, policy advocacy, partnerships with donors, and impact investing.
By providing essential funding to a diverse range of nonprofits, The San Francisco Foundation plays a crucial role in ensuring that everyone in the Bay Area has access to a good job, a safe and affordable home, and a strong political voice. Through its grantmaking efforts, the Foundation supports various initiatives that address the unique needs of communities and individuals, ultimately leading to positive change and long-term impact.
The San Francisco Foundation's mission extends beyond financial support, as it also engages in policy advocacy, collaborating with stakeholders to create systemic change and address the root causes of social issues. By partnering with donors, the Foundation fosters a culture of giving and encourages philanthropy to make a difference in the lives of those who need it most. Furthermore, The San Francisco Foundation's impact investing initiatives provide capital to social enterprises and organizations, ensuring their sustainability and growth while generating social and environmental returns.
In summary, The San Francisco Foundation is a driving force for positive change in the San Francisco Bay Area. Through its grantmaking, policy advocacy, donor partnerships, and impact investing, the organization is dedicated to advancing racial equity and economic inclusion, and empowering communities to build a better future for all.
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Impact
August, 2024
The San Francisco Foundation mobilizes resources to build strong communities, foster civic leadership, and promote philanthropy. By providing grant funding to approximately 3,000 organizations each year, the foundation is committed to advancing racial equity and economic inclusion in the San Francisco Bay Area. Through grantmaking, policy advocacy, partnership with donors, and impact investing, The San Francisco Foundation is working to ensure that everyone in the Bay Area has access to good jobs, safe and affordable housing, and a strong political voice.
This information is meant to be a general summary of The San Francisco Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $114,640,421
- Gross Receipts: $525,962,781
Assets and Liabilities:
- Total Assets: $1,634,801,767
- Total Liabilities: $91,624,946
- Net Assets: $1,543,176,821
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Organization Details
Founding Year
1948
Phone
(415) 733-8500Principal Officer
Sonja Velez
Main Address
ONE EMBARCADERO CENTER 1400, SAN FRANCISCO, CA, 94111
Website
www.sff.orgNTEE Category
Code: T30 - Philanthropy
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