Overview
What is Fenwick Community Fund?
Fenwick Community Fund (FCF) is a public benefit community foundation established on September 1, 2021, with a focus on promoting collective giving for crucial societal issues. Based in Mountain View, California, the fund is membership-driven, with Fenwick & West, LLP serving as its sole member as of December 31, 2022. The majority of contributions received by the fund originate from partners or employees of Fenwick & West, LLP. FCF operates a donor-advised fund (DAF) program, enabling partners of Fenwick & West, LLP to establish their respective DAF funds at the fund. The DAF program allows donors to recommend grants for charitable causes while maximizing their current tax benefits. Contributions, whether in cash or securities, are subject to the fund's variance power, granting FCF full discretion and control over all property in the fund. The fund's mission is to support nonprofit organizations advancing various social issues, such as access to justice, racial and economic equity, food security, disaster relief, and slowing climate change.
Is Fenwick Community Fund legitimate?
Fenwick Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fenwick Community 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fenwick Community Fund?
The Fenwick Community Fund, established on September 1, 2021, is a public benefit community foundation that promotes collective giving to organizations addressing important societal issues. Its mission is to support organizations working on issues such as access to justice, racial and economic equity, food security, disaster relief, and slowing climate change. The fund encourages broad-based public benefit, operating as a membership-based entity with the power to grant funds to qualified nonprofit organizations. The Fenwick Community Fund's activities primarily focus on providing grants and operating a donor-advised fund program, allowing donors to recommend charitable grants while maximizing their current tax benefits.
Who is the CEO of Fenwick Community Fund?
Richard Dickson is the President of Fenwick Community Fund.
What is the revenue of Fenwick Community Fund?
Fenwick Community Fund's revenue in 2022 was $2,463,491.
Who are the executives of Fenwick Community Fund and what are their salaries?
There 5 volunteers at Fenwick Community Fund.
Here are 3 key members and their salaries:
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Where can I find the form 990 for Fenwick Community Fund?
Fenwick Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fenwick Community Fund
Fenwick Community Fund, established on September 1, 2021, is a public benefit community foundation that promotes collective giving to organizations addressing significant societal issues. This nonprofit organization is committed to supporting causes such as access to justice, racial and economic equity, food security, disaster relief, and slowing climate change. The mission of Fenwick Community Fund is to serve as a catalyst for change by pooling resources and providing grants to various nonprofit organizations that align with these key societal concerns. By fostering collective giving, Fenwick Community Fund aims to maximize donors' current tax benefits and contribute to long-term solutions for these pressing issues. The fund operates a donor-advised fund program, allowing partners and employees of Fenwick & West, LLP to establish individual funds and recommend grants for charitable purposes.
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Impact
July, 2024
Fenwick Community Fund's impact can be seen in its support for organizations striving to address critical societal issues like access to justice, racial and economic equity, food security, disaster relief, and environmental conservation. By fostering a culture of collective giving, the Fund enables individuals and entities to contribute towards positive change in the Bay Area community. Through its grant programs and donor-advised fund initiatives, Fenwick Community Fund empowers stakeholders to make a tangible difference in various areas of need, ultimately working towards a more equitable and sustainable society.
This information is meant to be a general summary of Fenwick Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $28,480
- Gross Receipts: $2,463,491
Assets and Liabilities:
- Total Assets: $3,019,038
- Total Liabilities: $5,186
- Net Assets: $3,013,852
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Organization Details
Founding Year
2021
Phone
(650) 988-8500Principal Officer
Richard Dickson
Main Address
801 CALIFORNIA STREET, MOUNTAIN VIEW, CA, 94041
NTEE Category
Code: T21 - Philanthropy
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