Overview
What is Marin Community Foundation?
Marin Community Foundation, based in Novato, California, is a charitable organization that granted over $197 million from its family and community funds to nonprofits in Marin County, the Bay Area, and beyond in fiscal year 2022. The foundation's mission is to improve the human condition, embrace diversity, promote a humane and democratic society, and enhance the community's quality of life, now and for future generations. Their activities include philanthropic grant making to support social services, educational programs, arts, and environmental issues. With a team of 73 employees, they have made a significant impact on various community needs.
Official website here: www.marincf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
Marin Community Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on their strong performance in accountability and finance, showcasing exceptional standards in governance and transparency.
The foundation has a fully independent board with no conflicts of interest, and it demonstrates sound financial practices, including a low ratio of liabilities to assets and a high percentage of program expenses. With a significant working capital ratio, the organization appears well-equipped to manage its financial obligations and invest in its mission effectively.
However, while the foundation's executive compensation figures are publicly available, some may view the salaries of key personnel as relatively high. This aspect could raise questions regarding resource allocation, especially considering the foundation's commitment to maximizing impact within the community. Overall, Marin Community Foundation stands out for its strong governance and financial integrity but may benefit from addressing concerns about compensation transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Marin Community Foundation legitimate?
Marin Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marin 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,589,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,038,420
For more financial information, click here
Official website here: www.marincf.org
What is the mission statement of Marin Community Foundation?
The Marin Community Foundation is dedicated to encouraging and applying philanthropic contributions towards improving the human condition. It promotes a humane and democratic society and enhances community quality of life, both presently and for future generations. In fiscal year 2022, the foundation distributed over $197 million from its family and community funds to various nonprofits in the US and internationally. These grants supported a variety of community needs, encompassing social services, educational programs, the arts, and environmental issues.
Official website here: www.marincf.org
Who is the CEO of Marin Community Foundation?
Rhea Suh is the President & Ceo of Marin Community Foundation. The CEO's salary of Marin Community Foundation is $185,006 and their total compensation is $189,353.
Official website here: www.marincf.org
What is the revenue of Marin Community Foundation?
Marin Community Foundation's revenue in 2022 was $225,299,426.
Official website here: www.marincf.org
Who are the executives of Marin Community Foundation and what are their salaries?
The average compensation at Marin Community Foundation during 2022 was $118,191. There are 73 employees and 9 volunteers at Marin Community Foundation.
Here are 19 key members and their salaries (Marin Community Foundation's CEO's salary is $185,006 and their total compensation is $189,353):
- Compensation: $559,072
- Related: $0
- Other: $76,294
- Compensation: $394,129
- Related: $0
- Other: $73,364
- Compensation: $250,948
- Related: $0
- Other: $48,033
- Compensation: $227,581
- Related: $0
- Other: $55,908
- Compensation: $243,511
- Related: $0
- Other: $39,319
- Compensation: $235,092
- Related: $0
- Other: $43,808
- Compensation: $234,510
- Related: $0
- Other: $42,028
- Compensation: $185,006
- Related: $0
- Other: $4,347
- Compensation: $112,135
- Related: $0
- Other: $48,961
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.marincf.org
Where can I find the form 990 for Marin Community Foundation?
Marin Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marincf.org
Learn more at the official website: www.marincf.org
Mission Statement of Marin Community Foundation
Marin Community Foundation, a prominent philanthropic organization, is dedicated to encouraging and facilitating charitable contributions to enhance the human condition, foster diversity, promote a humane and democratic society, and boost community quality of life, both now and for future generations. With a granting amount exceeding $197 million in fiscal year 2022 from its Family and Community Funds, this foundation supports a diverse spectrum of community needs.
The Marin Community Foundation's mission unfolds through its granting activities, which reach beyond Marin County to various parts of the United States and the world. These grants encompass a wide range of initiatives, with a significant focus on social services, educational programs, the arts, and environmental issues. The foundation's efforts are geared towards improving lives and creating sustainable change, embracing the spirit of philanthropy to make a genuine impact on the communities it serves.
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Impact
October, 2024
Marin Community Foundation has made a significant impact through charitable grant making, distributing over $197 million in fiscal year 2022 alone. These grants addressed a multitude of community needs within Marin County, the Bay Area, and beyond, promoting social services, educational initiatives, the arts, and environmental causes. The foundation's mission focuses on fostering philanthropic contributions that aim to improve the human condition, embrace diversity, and enhance the overall quality of life for present and future generations. By addressing various pressing issues, Marin Community Foundation plays a crucial role in building a more humane and democratic society.
This information is meant to be a general summary of Marin 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: $16,835,226
- Program Service Revenue: $11,262,787
- Gross Receipts: $283,169,677
Assets and Liabilities:
- Total Assets: $963,516,411
- Total Liabilities: $120,675,464
- Net Assets: $842,840,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN ALLOC-BUCK TRUST
Revenue
$9,971,295
ADMIN FEES-RELATED ORG
Revenue
$859,175
PRI INTEREST INCOME
Revenue
$432,317
Organization Details
Founding Year
1986
Phone
(415) 464-2500Principal Officer
Rhea Suh
Main Address
5 HAMILTON LANDING 200, NOVATO, CA, 94949
Website
www.marincf.orgNTEE Category
Code: T310 - Philanthropy
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