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The Commons Foundation

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

EIN: 474561272 ✦ Larkspur, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Commons Foundation?

The Commons Foundation is a nonprofit organization situated in Larkspur, California. Their primary objective is to raise funds, construct, and maintain a new community space and library in Larkspur City. The organization's ongoing mission encompasses financing, developing, and sustaining the Larkspur Library, contributing positively to the local community's educational and social needs.


Official website here: www.thecommonsatlarkspur.org

Is The Commons Foundation legitimate?

The Commons Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Commons 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: $30,675
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thecommonsatlarkspur.org

What is the mission statement of The Commons Foundation?

The Commons Foundation's mission, moving forward, is centered around funding, constructing, and maintaining a library and community space. Specifically, they aim to raise funds to establish a new library in an unspecified location, with a focus on Larkspur, California. This initiative seeks to provide a valuable resource for the community, fostering opportunities for learning and social interaction.


Official website here: www.thecommonsatlarkspur.org

What is the revenue of The Commons Foundation?

The Commons Foundation's revenue in 2023 was $314,158.


Official website here: www.thecommonsatlarkspur.org

Who are the executives of The Commons Foundation and what are their salaries?

Here are 6 key members and their salaries:


Jonathan Ellenzweig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Friedel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Green (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Morrison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brock Wagstaff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Winship (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thecommonsatlarkspur.org

Where can I find the form 990 for The Commons Foundation?

The Commons Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thecommonsatlarkspur.org

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

Mission Statement of The Commons Foundation

The Commons Foundation, as its mission, aims to fund, construct, and maintain a new library and community space in the future. This nonprofit organization is dedicated to raising funds to establish a substantial library facility in Larkspur, California, ensuring it serves as a vibrant hub for the community.

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Impact




October, 2024

The Commons Foundation plays a vital role in enhancing the educational landscape of Larkspur, California, by focusing on the development and sustainability of the Larkspur Library. By raising funds for this project, the foundation not only aims to build a new library but also intends to create a community space that fosters learning, collaboration, and cultural engagement.

Through its initiatives, The Commons Foundation contributes significantly to the accessibility of resources and enrichment opportunities for residents. The establishment of the Larkspur Library is expected to serve as a central hub for education, offering programs and services that cater to individuals of all ages. This impact goes beyond mere physical infrastructure; it cultivates a sense of community, encourages lifelong learning, and addresses the evolving needs of the population in Larkspur.




This information is meant to be a general summary of The Commons 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
$314,158 (2023)
Expenses
$79,229 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $134,188
  • Gross Receipts: $314,158

Assets and Liabilities:

  • Total Assets: $5,226,896
  • Total Liabilities: $2,650
  • Net Assets: $5,224,246

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Organization Details

Founding Year

2014

Principal Officer

Ann Morrison

NTEE Category

Code: B70 - Education

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