Overview
What is The San Diego Foundation?
The San Diego Foundation is a leading nonprofit organization based in San Diego, California. Established in 1975, it has become a permanent and growing source of funding for local nonprofits, thanks to generous donors. The foundation grants millions of dollars annually, utilizing expert philanthropic and investment knowledge to maximize impact. Their mission is to enact positive social change in the region by addressing challenges and needs through strategic priorities such as racial and social justice, equity of opportunity, building resilient communities, and delivering world-class philanthropy. With more than 46 years of service and numerous partnerships, they assess regional needs, gather donor passions, and connect them with nonprofit organizations offering solutions. The foundation's customized charitable funds allow individuals and families to make a difference without the burden of administrative tasks, while their board of governors and knowledgeable staff provide oversight and commitment to honoring donor wishes. Valuing all people, partners, and communities, they act with integrity and respect, engaging diverse perspectives and fostering collaborative, innovative solutions. The San Diego Foundation offers grant opportunities through various programs, including the San Diego Women's Foundation, the San Diego Regional Policy & Innovation Center, and eight regional affiliate foundations.
Official website here: www.sdfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The San Diego Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100 in accountability and finance, the organization demonstrates effective management of its resources, ensuring that a significant portion of its expenses directly support its programs. The foundation's program expense ratio stands at 89.65%, indicating a commitment to its mission.
In addition to financial strength, the foundation scores well in leadership and adaptability, also achieving a perfect score of 100 in this area. This suggests a robust governance structure, with a fully independent board comprising 19 members. The foundation has also implemented comprehensive policies, including conflict of interest and whistleblower protections, which contribute to its overall transparency and trustworthiness.
While the foundation exhibits many strengths, its culture and community score is slightly lower at 83. This might suggest areas for growth in community engagement or inclusivity. Nonetheless, the overall data presents The San Diego Foundation as a well-managed organization dedicated to maximizing its impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is The San Diego Foundation legitimate?
The San Diego Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The San Diego 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: $1,501,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,290,127
For more financial information, click here
Official website here: www.sdfoundation.org
What is the mission statement of The San Diego Foundation?
The San Diego Foundation is dedicated to enhancing the quality of life within communities by inspiring enduring philanthropy and enabling community solutions. Since 1975, the organization has granted millions of dollars annually to nonprofits addressing the challenges and needs of the region. Their strategic priorities focus on advancing racial and social justice, fostering equity of opportunity, building resilient communities, and delivering world-class philanthropy to make a positive social change. The foundation manages charitable funds for individuals, families, and corporations, providing maximum tax deductions, outstanding investment management, and low administrative costs. The San Diego Foundation's values include acting with integrity, engaging diverse perspectives, and striving for an inclusive community where everyone has equitable access to opportunity. They adhere to a deeply ethical approach to philanthropy, building strong and diverse coalitions and engaging in shared decision-making. Grant opportunities are offered through various affiliated foundations.
Official website here: www.sdfoundation.org
Who is the CEO of The San Diego Foundation?
Mark A Stuart is the Principal Officer of The San Diego Foundation. The CEO's salary of The San Diego Foundation is $606,238 and their total compensation is $674,012.
Official website here: www.sdfoundation.org
What is the revenue of The San Diego Foundation?
The San Diego Foundation's revenue in 2022 was $283,565,373.
Official website here: www.sdfoundation.org
Who are the executives of The San Diego Foundation and what are their salaries?
The average compensation at The San Diego Foundation during 2022 was $109,894. There are 80 employees and 97 volunteers at The San Diego Foundation.
Here are 27 key members and their salaries (The San Diego Foundation's CEO's salary is $606,238 and their total compensation is $674,012):
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- Compensation: $606,238
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- Other: $67,774
- Compensation: $341,909
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- Other: $22,534
- Compensation: $243,539
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- Other: $18,577
Official website here: www.sdfoundation.org
Where can I find the form 990 for The San Diego Foundation?
The San Diego Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdfoundation.org
Learn more at the official website: www.sdfoundation.org
Mission Statement of The San Diego Foundation
The San Diego Foundation, a leading philanthropic organization, strives to enhance the quality of life in all communities by inspiring enduring philanthropy and enabling community solutions. With a rich history dating back to 1975, the Foundation has established itself as a permanent and growing source of funding for nonprofits addressing the challenges and needs in the San Diego region. By leveraging the highest level of philanthropic and investment expertise, the Foundation grants millions of dollars annually to organizations, maximizing the impact of charitable giving and contributing to positive social change.
The San Diego Foundation's mission is deeply rooted in advancing racial and social justice, fostering equity of opportunity, building resilient communities, and delivering world-class philanthropy. The organization manages charitable funds for individuals, families, and corporations, allowing them to invest in their preferred causes without the burden of administrative tasks associated with setting up a private foundation. With a board of governors composed of professional experts and community leaders and a knowledgeable staff, the Foundation provides keen oversight and an unwavering commitment to honoring the wishes of each donor. The organization's values include respect for all people, partners, and the communities they serve, integrity, collaboration, and an inclusive community where everyone has equitable access to opportunity.
The San Diego Foundation's strategic priorities are guided by its organizational values and a deeply ethical approach to philanthropy. By holding themselves accountable as a trustworthy partner, approaching their work with humility and respect for the expertise of the communities they serve, and engaging in shared decision-making, the Foundation strives to make a lasting impact in the San Diego region.
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Impact
October, 2024
The San Diego Foundation significantly enhances the quality of life across communities in the San Diego region. By leveraging the generosity of donors, the foundation provides millions of dollars annually to organizations that tackle pressing local challenges. With a focus on advancing racial and social justice, fostering equitable opportunities, and building resilient communities, it aims to enact positive social change.
Over its 46 years of service, the foundation has developed strong partnerships with businesses, government entities, and various community leaders to assess and respond to the evolving needs of the region. This collaboration allows for informed decision-making, ensuring that philanthropic efforts align closely with the most critical issues facing San Diego.
The San Diego Foundation empowers individuals and families to create customized charitable funds, easing the administrative burdens often associated with private foundations. By focusing on integrity, respect, collaboration, and inclusivity, the foundation nurtures a community where everyone has equitable access to opportunities. Its commitment to ethical philanthropy underscores the foundation’s role as a trustworthy partner in driving meaningful community solutions.
This information is meant to be a general summary of The San Diego 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: $61,765,039
- Program Service Revenue: $6,789,766
- Gross Receipts: $471,373,264
Assets and Liabilities:
- Total Assets: $1,298,825,008
- Total Liabilities: $149,957,439
- Net Assets: $1,148,867,569
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHARITABLE GIFT ADMINISTRATION
Revenue
$5,995,211
INTERCOMPANY REIMBURSEMENT
Revenue
$500,000
SHARED SERVICES REVENUE
Revenue
$294,555
Organization Details
Founding Year
1975
Phone
(619) 235-2300Principal Officer
Mark A Stuart
Main Address
2508 HISTORIC DECATUR ROAD 200, SAN DIEGO, CA, 92106
Website
www.sdfoundation.orgNTEE Category
Code: T310 - Philanthropy
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