Overview
What is San Marcos Community Foundation?
The San Marcos Community Foundation is a dedicated nonprofit organization situated in San Marcos, California. Its primary role is to support local charities and organizations that contribute to the well-being of the San Marcos community. The foundation encourages eligible nonprofits to request funding for their specific needs and thoroughly reviews all applications. Board members participate in grant committees and conduct site visits for grants under consideration. Grants are dispensed to various community-serving nonprofits, requiring a brief follow-up report. Mini-grants (up to $1,500) are reviewed 11 times annually, while regular grants (up to $10,000) are decided quarterly. The foundation also seeks insights from an Advisory Board on community needs and trends, meeting with the main board at least annually.
Official website here: www.see schedule o
Is San Marcos Community Foundation legitimate?
San Marcos Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Marcos 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of San Marcos Community Foundation?
The San Marcos Community Foundation, functioning as a nonprofit public benefit corporation, aims to enhance the living standards of its community members. Its mission is to provide both financial and other forms of assistance to organizations and charities that specialize in programs benefiting the local community. The foundation strives to serve as a catalyst for improving the community's quality of life by meticulously reviewing grant applications and offering financial aid to various nonprofit organizations. Board members actively participate in grant decision-making processes, including on-site visits, and the foundation distributes grants of varying sizes to cater to the diverse needs of the community. Regular follow-ups are required for these grants to ensure their effectiveness.
Official website here: www.see schedule o
Who is the CEO of San Marcos Community Foundation?
Colleen Lukoff is the President of San Marcos Community Foundation.
Official website here: www.see schedule o
What is the revenue of San Marcos Community Foundation?
San Marcos Community Foundation's revenue in 2022 was $50,934.
Official website here: www.see schedule o
Who are the executives of San Marcos Community Foundation and what are their salaries?
There 16 volunteers at San Marcos Community Foundation.
Here are 11 key members and their salaries:
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- Other: $13,735
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Official website here: www.see schedule o
Where can I find the form 990 for San Marcos Community Foundation?
San Marcos Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of San Marcos Community Foundation
The San Marcos Community Foundation, acting as a nonprofit public benefit corporation, is committed to enriching the lives of the community's residents. Their mission is to serve this purpose by providing financial and other assistance programs. The organization focuses on supporting organizations and charities that specialize in initiatives benefiting the San Marcos community. The San Marcos Community Foundation strives to meticulously review all grant applications, encouraging applicants to ask for what they truly need. Board members actively participate in the Grants committee and conduct on-site visits for grants under consideration. The foundation distributes grants to a wide array of nonprofit organizations that contribute positively to the community. A brief follow-up report is required after grant disbursement. The foundation offers two types of grants: mini-grants, up to $1,500, decided 11 times a year based on a one-page application and documentation; and regular grants, up to $10,000, decided quarterly, requiring a two-page narrative in addition to the application. The Advisory Board contributes valuable insights regarding community needs and trends, meeting with the Board at least annually.
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Impact
October, 2024
San Marcos Community Foundation significantly enhances the quality of life for residents by supporting a wide range of organizations and charities dedicated to the San Marcos community. The foundation focuses exclusively on grants that benefit local residents, ensuring that funding is directed toward vital programs and services.
By facilitating mini-grants of up to $1,500 and regular grants of up to $10,000, San Marcos Community Foundation enables nonprofits to access necessary resources for community enrichment. The rigorous application process, which includes site visits and thorough reviews by a rotating Grants committee composed of board members, ensures that funds are awarded to projects that align with the community's needs.
The Foundation actively engages with the community through the Advisory Board, which provides insights into local trends and requirements. This connection enables a targeted response to pressing community issues, fostering a collaborative approach to philanthropy. However, demand often exceeds available funding, highlighting the vital need for continued support and investment in San Marcos’s residents and organizations. Overall, the Foundation plays a crucial role in empowering local nonprofits, directly impacting the wellbeing and development of the San Marcos community.
This information is meant to be a general summary of San Marcos 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: $49,218
- Gross Receipts: $50,934
Assets and Liabilities:
- Total Assets: $1,370,400
- Total Liabilities: $139,409
- Net Assets: $1,230,991
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Organization Details
Founding Year
1987
Phone
(760) 744-1050Principal Officer
Colleen Lukoff
Main Address
1 CIVIC CENTER DRIVE, SAN MARCOS, CA, 92069
Website
www.see schedule oNTEE Category
Code: T31 - Philanthropy
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