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Horizons Foundation

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

EIN: 942686530 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Horizons Foundation?

The Horizons Foundation, based in San Francisco, California, is a grant-making nonprofit organization with a team of 13 employees. In 2022, they awarded a total of 1,518 grants to 801 beneficiaries, amounting to $7,469,405. These grants addressed various issues and populations, including the COVID-19 crisis, health, HIV/AIDS, youth, arts, elders, communities of color, transgender rights, community building, and civil and human rights, not just limited to the San Francisco Bay Area but extending to other parts of the US and worldwide. Grants ranged from $250 to $943,000 and provided both operating support and project support. The Horizons Foundation's mission is to support nonprofits serving and advocating for the LGBTQ community through grantmaking and programs, encourage philanthropic giving to LGBTQ causes, and ensure the community's long-term future.


Official website here: www.horizonsfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100%

Horizons Foundation has achieved a perfect score of 100%, earning a Four-Star out of Four Star rating, which reflects its outstanding accountability and financial health. This rating is primarily based on its strong performance in various metrics, including an independent board, effective oversight, and a robust financial framework. The foundation demonstrates transparency and ethical governance, evidenced by its comprehensive policies regarding conflicts of interest and whistleblower protections.

The organization shows excellent financial management, with an impressive program expense ratio of 90.12%, indicating that the majority of its funds are directed towards its mission rather than administrative costs. Its fundraising efficiency is notably high, with only $0.032 spent to raise each dollar, showcasing its effectiveness in resource mobilization. Additionally, the foundation has a favorable liabilities to assets ratio of 3.74%, suggesting a solid financial footing.

While the data supports a strong financial and operational standing, the summary does not highlight any specific areas of concern or limitations. Overall, Horizons Foundation is recognized for its commitment to fiscal responsibility and ethical governance, making it a highly regarded nonprofit within its sector.


This AI summary has been generated from information found on Charity Navigator.

Is Horizons Foundation legitimate?

Horizons Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizons 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: $440,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $725,277

For more financial information, click here


Official website here: www.horizonsfoundation.org

What is the mission statement of Horizons Foundation?

The Horizons Foundation supports various non-profit organizations serving and advocating for the LGBTQ community through grantmaking and programs. Its mission is to increase philanthropic giving to LGBTQ causes and secure the community's long-term future. In 2022, the foundation provided financial assistance to 801 organizations via 1,518 grants, totaling $7,469,405. These grants addressed multiple issues and populations, such as the COVID-19 crisis, health, HIV/AIDS, youth, arts, elders, communities of color, transgender rights, community building, and civil and human rights, both in the US and internationally. Grants ranged from $250 to $943,000, offering both operating and project support. Some grants were allocated from donor-advised and other grant programs, which also funded non-LGBTQ-specific initiatives.


Official website here: www.horizonsfoundation.org

Who is the CEO of Horizons Foundation?

Roger Doughty is the Co-Chair of Horizons Foundation.


Official website here: www.horizonsfoundation.org

What is the revenue of Horizons Foundation?

Horizons Foundation's revenue in 2022 was $19,242,544.


Official website here: www.horizonsfoundation.org

Who are the executives of Horizons Foundation and what are their salaries?

The average compensation at Horizons Foundation during 2022 was $89,645. There are 13 employees and 100 volunteers at Horizons Foundation.


Here are 23 key members and their salaries:


Tim Murray (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dipti Ghosh (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Blum (Chair Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Micheau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Zodikoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ash Mcneely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xochitl Carrion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Clubb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Barani (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Soukup (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shilpen Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Scaparotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melisa Marquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Swan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Shay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jae Maldonado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Doughty (President)
  • Compensation: $260,350
  • Related: $0
  • Other: $35,362
John Marvuglio (Cfo)
  • Compensation: $181,542
  • Related: $0
  • Other: $15,367
Candace Lopez (Chief Philanthropic Office)
  • Compensation: $155,362
  • Related: $0
  • Other: $10,570
Francisco Buchting (Vp Of Grants, Programs & S)
  • Compensation: $157,441
  • Related: $0
  • Other: $23,367


Official website here: www.horizonsfoundation.org

Where can I find the form 990 for Horizons Foundation?

Horizons Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.horizonsfoundation.org

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

Mission Statement of Horizons Foundation

Horizons Foundation, a leading grant-making organization, is dedicated to supporting nonprofits and advocating for the LGBTQ community. The foundation's primary objective is to provide financial assistance to organizations that serve and champion the rights of LGBTQ individuals. In addition, Horizons Foundation aims to increase philanthropic giving to LGBTQ causes and secure a promising future for the community.

Through its grant-making program, Horizons Foundation distributed 1,518 grants to 801 organizations in the amount of $7,469,405 in the year 2022. These grants addressed a range of issues and populations, including the COVID-19 crisis, health, HIV/AIDS, youth, arts, elders, communities of color, transgender rights, community building, and civil and human rights, both in the United States and around the world. The foundation's grants not only provided operating support but also project-specific funding, with amounts ranging from $250 to $943,000. Moreover, Horizons Foundation also supported non-LGBTQ-specific grants through its donor-advised and other grant programs.

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Impact




October, 2024

Horizons Foundation significantly impacts the LGBTQ community through extensive grantmaking and strategic advocacy. In 2022 alone, it provided $7,469,405 through 1,518 grants to 801 organizations, addressing a diverse range of critical issues such as health, HIV/AIDS, youth services, arts, and civil rights.

The foundation’s support has been crucial during crises, including the COVID-19 pandemic, and has empowered marginalized populations, including elders, communities of color, and transgender individuals. By offering both operational and project-specific funding, Horizons Foundation ensures that organizations can effectively serve their communities.

Additionally, its efforts to increase philanthropic giving to LGBTQ causes foster a sustainable future, ensuring that the needs and rights of LGBTQ individuals are recognized and addressed both locally in the San Francisco Bay Area and beyond. This comprehensive approach not only strengthens individual organizations but also cultivates a more vibrant, equitable, and inclusive society for all LGBTQ people.




This information is meant to be a general summary of Horizons 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
$19,242,544 (2022)
Expenses
$9,647,363 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,214,793
  • Gross Receipts: $24,650,677

Assets and Liabilities:

  • Total Assets: $46,250,238
  • Total Liabilities: $1,805,725
  • Net Assets: $44,444,513

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Organization Details

Founding Year

1980

Principal Officer

Roger Doughty

Main Address

155 SANSOME STREET SUITE 650, SAN FRANCISCO, CA, 94104

NTEE Category

Code: S50Z - Community improvement

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