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Rancho Santa Fe Foundation Charitable Special Assets Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320194805 ✦ Rancho santa fe, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rancho Santa Fe Foundation Charitable Special Assets Fund?

The Rancho Santa Fe Foundation Charitable Special Assets Fund, initially known as the Rancho Santa Fe Foundation Charitable Real Estate Fund, was established in 2007 with the aim of empowering donors to become philanthropists by gifting real estate and other illiquid assets. This fund, later renamed to the Rancho Santa Fe Foundation Charitable Special Assets Fund in 2020, is dedicated to supporting the charitable aspects of the Rancho Santa Fe Foundation's mission. They accept title to and manage real estate and other related or auxiliary personal properties, contributing to their charitable goals. The organization's primary objective is to leverage these assets for furthering its philanthropic objectives.

Is Rancho Santa Fe Foundation Charitable Special Assets Fund legitimate?

Rancho Santa Fe Foundation Charitable Special Assets Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rancho Santa Fe Foundation Charitable Special Assets Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Rancho Santa Fe Foundation Charitable Special Assets Fund?

The Rancho Santa Fe Foundation Charitable Special Assets Fund's mission is to support the charitable initiatives of the Rancho Santa Fe Foundation. This is achieved by accepting and managing real estate and other personal or intangible assets donated by contributors, with the aim of furthering charitable objectives. Established in 2007 as the Rancho Santa Fe Foundation Charitable Real Estate Fund, it later changed its name to the Rancho Santa Fe Foundation Charitable Special Assets Fund in 2020 to better reflect its purpose. The organization's primary goal is to help donors become impactful philanthropists by facilitating gifts of illiquid assets for charitable causes.

Who is the CEO of Rancho Santa Fe Foundation Charitable Special Assets Fund?

Chris Sichel is the CEO of Rancho Santa Fe Foundation Charitable Special Assets Fund The CEO's salary of Rancho Santa Fe Foundation Charitable Special Assets Fund is $0 and their total compensation is $223,156.

What is the revenue of Rancho Santa Fe Foundation Charitable Special Assets Fund?

Rancho Santa Fe Foundation Charitable Special Assets Fund's revenue in 2023 was $458,640.

Who are the executives of Rancho Santa Fe Foundation Charitable Special Assets Fund and what are their salaries?

There 4 volunteers at Rancho Santa Fe Foundation Charitable Special Assets Fund.

Here are 6 key members and their salaries (Rancho Santa Fe Foundation Charitable Special Assets Fund's CEO's salary is $0 and their total compensation is $223,156):


Chris Sichel (President & Ceo)
  • Compensation: $0
  • Related: $211,391
  • Other: $11,765
Gregory Hillgren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Oliphant (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kimura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Montano (Board Liaison)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Frager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rancho Santa Fe Foundation Charitable Special Assets Fund?

Rancho Santa Fe Foundation Charitable Special Assets Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rancho Santa Fe Foundation Charitable Special Assets Fund

The Rancho Santa Fe Foundation Charitable Special Assets Fund is an organization dedicated to supporting the charitable aspects of the Rancho Santa Fe Foundation's mission. This is achieved by accepting and managing real estate and related or auxiliary personal properties, including tangible and intangible assets, donated by contributors for the purpose of furthering charitable causes. The fund, originally known as the Rancho Santa Fe Foundation Charitable Real Estate Fund, was established in February 2007 and received its IRS determination letter in January 2008. In 2020, the fund was renamed to the Rancho Santa Fe Foundation Charitable Special Assets Fund to better reflect its purpose. The organization's primary role is to help donors become impactful philanthropists through their gifts of real estate and other illiquid assets.

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Impact




October, 2024

The Rancho Santa Fe Foundation Charitable Special Assets Fund (CSAF) plays a crucial role in enhancing philanthropic efforts by facilitating donations of real estate and other illiquid assets. Established to empower donors to make significant contributions, the CSAF provides a streamlined process for transferring complex assets, enabling philanthropic individuals to maximize their impact. By accepting and managing these contributions, the fund not only further supports charitable endeavors aligned with the mission of the Rancho Santa Fe Foundation but also promotes impactful giving within the community.

Since its inception as the Charitable Real Estate Fund in 2007, and subsequently rebranded in 2020, the CSAF has become a valuable resource for donors seeking to engage in meaningful philanthropy. The fund's management of real estate and other personal property ensures that these assets are utilized effectively to support diverse charitable initiatives. Its focus on illiquid assets allows donors to contribute without the burden of liquidating property, thus enriching the overall landscape of charitable giving.

Through its operations, the CSAF fosters a culture of philanthropy in Rancho Santa Fe, encouraging individuals to support causes they care about while maximizing the potential of their contributions. This, in turn, creates a ripple effect, impacting various sectors and enhancing the quality of life for community members.




This information is meant to be a general summary of Rancho Santa Fe Foundation Charitable Special Assets Fund. 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.

Revenue
$458,640 (2023)
Expenses
$4 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$5,000
  • Gross Receipts: $458,640

Assets and Liabilities:

  • Total Assets: $202,010
  • Total Liabilities: $28,980
  • Net Assets: $173,030

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Organization Details

Founding Year

2007

Principal Officer

Karen Sprigle

NTEE Category

Code: T11 - Philanthropy

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