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San Diego Charitable Real Estate Foundation

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

EIN: 330701029 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is San Diego Charitable Real Estate Foundation?

The San Diego Charitable Real Estate Foundation is a nonprofit entity based in San Diego, California, specifically located at 2508 Historic Decatur Road 200. Its primary mission is to boost responsible philanthropy by managing and marketing real estate gifts. The foundation's funds, derived from the sale of these properties, are then transferred to the San Diego Foundation, which subsequently grants them to the community or adds them to its endowment principal. Additionally, the San Diego Charitable Real Estate Foundation offers selected real estate services to other nonprofit organizations within the San Diego community, furthering the mission of the San Diego Foundation.


Official website here: www.sdfoundation.org

What do the Facebook reviews say about San Diego Charitable Real Estate Foundation?

94% of 48 reviewers on Facebook recommend the San Diego Charitable Real Estate Foundation. Here is a summary of their reviews:

Many individuals express their appreciation for the organization, highlighting the positive impact it has on the San Diego community. Numerous comments emphasize gratitude for the foundation's commitment to improving lives, showcasing a strong sense of community support and recognition of the nonprofit's efforts.

Overall, the overwhelming sentiment is one of satisfaction and admiration, with supporters affirming that the foundation truly delivers on its mission to enhance the lives of those in need.


This AI summary has been generated from reviews found on Facebook.

Is San Diego Charitable Real Estate Foundation legitimate?

San Diego Charitable Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Diego Charitable Real Estate 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sdfoundation.org

What is the mission statement of San Diego Charitable Real Estate Foundation?

The San Diego Charitable Real Estate Foundation's mission is centered around promoting responsible philanthropy. It achieves this by accepting, managing, and marketing real estate gifts. The foundation supports the San Diego Foundation's mission of fostering effective and responsible philanthropy. Additionally, the San Diego Charitable Real Estate Foundation offers selected real estate services to other nonprofit organizations within the San Diego community, thereby furthering the San Diego Foundation's goals.


Official website here: www.sdfoundation.org

What is the revenue of San Diego Charitable Real Estate Foundation?

San Diego Charitable Real Estate Foundation's revenue in 2024 was $8,045,715.


Official website here: www.sdfoundation.org

Who are the executives of San Diego Charitable Real Estate Foundation and what are their salaries?

There 11 volunteers at San Diego Charitable Real Estate Foundation.

Here are 11 key members and their salaries:


Allan Wasserman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leena Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Howell (Board Treasurer)
  • Compensation: $0
  • Related: $415,597
  • Other: $70,994
Joseph A Delaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark D Bitterlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elvin Lai (Director (Thru 7/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stuart Cfre (Board Secretary)
  • Compensation: $0
  • Related: $597,886
  • Other: $91,347
Renee Savage (Board Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Meissner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Yousif (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy J Bertrand (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sdfoundation.org

Where can I find the form 990 for San Diego Charitable Real Estate Foundation?

San Diego Charitable Real Estate Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sdfoundation.org

Learn more at the official website: www.sdfoundation.org

Mission Statement of San Diego Charitable Real Estate Foundation

The San Diego Charitable Real Estate Foundation, with a focus on responsible philanthropy, serves a unique purpose by accepting, managing, and marketing real estate gifts. This organization's mission aligns with that of the San Diego Foundation, aiming to promote and increase effective philanthropy within the community. In addition to its role in real estate, the San Diego Charitable Real Estate Foundation also provides selected real estate services to various nonprofit organizations within the San Diego region. This activity further strengthens the mission of the San Diego Foundation, contributing to a more charitable and supportive community.

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Impact




October, 2024

The San Diego Charitable Real Estate Foundation significantly impacts the community by enhancing responsible philanthropy through the acceptance, management, and marketing of real estate gifts. By facilitating the donation of real estate, the Foundation helps convert these assets into liquid funds that directly benefit the San Diego Foundation.

Once these properties are managed and sold, the proceeds are transferred to the San Diego Foundation, where they can create or supplement funds dedicated to community grants or bolster the endowment principal. This efficient process ensures that valuable resources are channeled into initiatives that contribute to community improvement and development.

Additionally, the Foundation extends its expertise in real estate services to other charitable organizations in the San Diego area, amplifying the overall effectiveness of philanthropic efforts within the community. Ultimately, the work of the San Diego Charitable Real Estate Foundation supports a more sustainable and impactful philanthropic landscape in San Diego.




This information is meant to be a general summary of San Diego Charitable Real Estate 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.

Revenue
$8,045,715 (2024)
Expenses
$4,556,575 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $28,065
  • Program Service Revenue: $127,650
  • Gross Receipts: $11,905,715

Assets and Liabilities:

  • Total Assets: $318,480
  • Total Liabilities: $18
  • Net Assets: $318,462

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEE INCOME

Revenue

$127,500

Organization Details

Founding Year

1996

Principal Officer

James Howell

NTEE Category

Code: S470 - Community improvement

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