Overview
What is Coastal Community Foundation?
Coastal Community Foundation is a philanthropic organization situated in Encinitas, California. With a mission to improve the quality of life in San Diego North County, the foundation facilitates donors' charitable aims and manages grant-making programs, primarily focusing on North County. In 2022, the foundation disbursed a total of $1,156,444, with 75% of the grants supporting local San Diego County nonprofits and community projects. Donor advisors provide recommendations for grant distributions from their funds, which are ultimately approved by the board of directors. The foundation supports a diverse range of nonprofit organizations, both locally and nationally, through these grant distributions.
Official website here: www.coastalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating.
The Coastal Community Foundation has a solid overall rating of 85%, primarily excelling in accountability and finance with an 83% score. Notable strengths include a fully independent board and a strong program expense ratio of 88.63%, indicating that the majority of funds are directed towards its programs. The foundation demonstrates transparency by publicly posting tax forms and having robust policies in place, such as conflict of interest and whistleblower policies.
In terms of culture and community, the foundation received an 83% score, reflecting positive feedback collection and usage practices. It effectively engages constituents, achieving full marks in feedback-related categories. However, there are areas for improvement, particularly in equity strategies, where it scored 75 out of 100, and further in equity policies and processes, where it received only 2 out of 7 points. This suggests a need for enhanced focus on inclusivity and equitable practices within its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Coastal Community Foundation legitimate?
Coastal Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Community 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: $85,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,964
For more financial information, click here
Official website here: www.coastalfoundation.org
What is the mission statement of Coastal Community Foundation?
The Coastal Community Foundation's mission is geared towards enhancing the quality of life in various communities. By directing philanthropic efforts towards addressing community needs, the foundation aims to make a significant impact. The organization primarily supports nonprofits in North County, offering grantmaking programs as a means to achieve this goal. In 2022, they allocated a sum of $1,156,444, with 75% of these grants benefiting San Diego County nonprofits and community projects. Donor advisors provide recommendations for grant distributions from their funds, and the board of directors approves these grants. The foundation supports a wide array of nonprofit organizations, extending its reach beyond local and regional boundaries to a national level.
Official website here: www.coastalfoundation.org
Who is the CEO of Coastal Community Foundation?
Kristi Yanover is the President of Coastal Community Foundation.
Official website here: www.coastalfoundation.org
What is the revenue of Coastal Community Foundation?
Coastal Community Foundation's revenue in 2022 was $1,103,691.
Official website here: www.coastalfoundation.org
Who are the executives of Coastal Community Foundation and what are their salaries?
The average compensation at Coastal Community Foundation during 2022 was $33,466. There are 4 employees and 124 volunteers at Coastal Community Foundation.
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- Compensation: $85,900
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Official website here: www.coastalfoundation.org
Where can I find the form 990 for Coastal Community Foundation?
Coastal Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coastalfoundation.org
Learn more at the official website: www.coastalfoundation.org
Mission Statement of Coastal Community Foundation
Coastal Community Foundation is committed to enhancing the quality of life in various communities by directing philanthropic efforts towards addressing community needs. As a philanthropic organization, its mission is to serve as a bridge between donors and nonprofits, providing grantmaking programs that support charitable goals. By doing so, Coastal Community Foundation aims to address the needs of communities, primarily in the North County region. The foundation's mission is not limited to local initiatives; it extends its support to nonprofit organizations both regionally and nationally, ensuring a wide-ranging impact. In 2022, Coastal Community Foundation granted a significant sum of $1,156,444. Of this total, 75% was allocated to support San Diego County nonprofits and community projects. The foundation's operations involve donor advisors making recommendations for grant distributions from their funds, which are then approved by the Board of Directors. This process allows Coastal Community Foundation to support a diverse array of nonprofit organizations, thereby contributing to the betterment of communities across various scales.
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Impact
October, 2024
The Coastal Community Foundation has made a significant impact by directing over $1.1 million in grants in 2022, with 75% of these funds allocated to support organizations and community projects within San Diego County. By assisting donors in achieving their charitable goals and facilitating grant distributions, the foundation plays a crucial role in enhancing the quality of life in North County. These grants support a diverse array of local, regional, and national initiatives, reflecting the foundation's commitment to addressing community needs and fostering philanthropy. The involvement of donor advisors in recommending grant distributions ensures that the funding is responsive to the specific needs and priorities of the community, with the Board of Directors approving the final grants.
This information is meant to be a general summary of Coastal Community 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: $274,352
- Program Service Revenue: $137,301
- Gross Receipts: $1,103,691
Assets and Liabilities:
- Total Assets: $9,503,718
- Total Liabilities: $1,949,705
- Net Assets: $7,554,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHARITABLE GIFT ADMIN
Revenue
$137,301
Organization Details
Founding Year
1986
Phone
(760) 942-9245Principal Officer
Kristi Yanover
Main Address
441 SAXONY ROAD, ENCINITAS, CA, 92024
Website
www.coastalfoundation.orgNTEE Category
Code: T31Z - Philanthropy
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