2024-01-16T12:39:52-06:00 2023-06-30 952694444 CONSIDINE & CONSIDINE 8989 RIO SAN DIEGO DRIVE SUITE 250 SAN DIEGO CA 921081604 990 2022-07-01 953655288 PROMISES2KIDS FOUNDATION PROM 8582784400 9400 RUFFIN COURT SUITE A SAN DIEGO CA 92123 TONYA TOROSIAN CEO 8582784400 2024-01-05 1 TONYA TOROSIAN 999009999 0 RICHARD HOTZ P00452784 6192311977 2024-01-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TONYA TOROSIAN 9400 RUFFIN COURT SUITE A SAN DIEGO CA 92123 9781074 0 X PROMISES2KIDS.ORG X 1981 CA CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN 17 17 69 0 0 0 8779000 8369252 0 0 454955 429953 1083427 606198 10317382 9405403 1112600 1234446 0 0 2714740 3315380 0 0 1319458 2773671 3470689 6601011 8020515 3716371 1384888 17939955 19906757 536498 400199 17403457 19506558 X CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN. 0 0 6469461 1234446 THE FOLLOWING IS A BRIEF DESCRIPTION OF THE FOUNDATION'S PROGRAMS:A.B. AND JESSIE POLINSKY CHILDREN'S CENTER - PREVIOUSLY THE FOUNDATION RAISED $12 MILLION TO BUILD THE A.B.AND JESSIE POLINSKY CHILDREN'S CENTER (THE POLINSKY CENTER), SAN DIEGO COUNTY'S EMERGENCY SHELTER FOR ABUSED AND NEGLECTED CHILDREN. IN OCTOBER 1994, THE FOUNDATION DEEDED THE FACILITY TO THE COUNTY. THE POLINSKY CENTER OFFERS A FULL RANGE OF ASSESSMENT AND CARE PROGRAMS TO MORE THAN 1,000 CHILDREN EVERY YEAR. THE FOUNDATION CONTINUES TO SUPPORT THE POLINSKY CENTER BY RAISING FUNDS FOR THE URGENT AND LONG-TERM NEEDS OF THE YOUNG RESIDENTS DURING THEIR STAY. THE FOLLOWING ARE JUST A FEW EXAMPLES OF THE PROGRAMS AND PROJECTS AT THE POLINSKY CENTER SUPPORTED BY THE FOUNDATION DURING THE YEAR ENDED JUNE 30, 2023. SEE SCHEDULE O FOR ADDITIONAL DETAILS. KIDSTART YOUTH2YOUTH ADVOCATES PROGRAM HEALTH, RECREATION, AND WELLNESS PROGRAMGUARDIAN SCHOLARS - GUARDIAN SCHOLARS IS A SCHOLARSHIP AND SUPPORT PROGRAM THAT WAS ESTABLISHED TO ASSIST CURRENT AND FORMER FOSTER YOUTH TO FURTHER THEIR EDUCATION OR PREPARE FOR A CAREER AND BECOME SUCCESSFUL, INDEPENDENT ADULTS. THE PROGRAM IS MUCH MORE THAN JUST FINANCIAL AID - IT IS AN INVESTMENT IN THE FUTURE OF EACH INDIVIDUAL RECIPIENT. GUARDIAN SCHOLARS PROVIDES MULTIFACETED SUPPORT THROUGH MENTORING, CAREER AND VOCATIONAL TRAINING, TUTORING, COLLEGE PLANNING, FINANCIAL AID, COLLEGE APPLICATION WORKSHOPS, AND CASE MANAGEMENT.CAMP CONNECT - THE FOUNDATION PROVIDES SIBLINGS IN FOSTER CARE, WHO ARE PLACED IN SEPARATE HOMES, THE OPPORTUNITY TO RECONNECT THROUGH A FOUR-DAY SUMMER CAMP, AS WELL AS RECREATIONAL AND EDUCATIONAL DAY CAMP ACTIVITIES THROUGHOUT THE YEAR. CAMP CONNECT ALLOWS BROTHERS AND SISTERS TO MAINTAIN CRITICAL RELATIONSHIPS AND GAIN SUPPORT FROM EACH OTHER DURING THIS DIFFICULT TIME. THIS PROGRAM IS A PARTNERSHIP WITH HEALTH & HUMAN SERVICES AGENCY OF SAN DIEGO COUNTY.FOSTER FUNDS - THE FOUNDATION UNDERSTANDS THAT FOSTER CHILDREN OFTEN FEEL ALONE AND ISOLATED. THEY MAY GO WITHOUT SIMPLE PLEASURES OF CHILDHOOD SUCH AS BIRTHDAY GIFTS, CAP AND GOWN FOR GRADUATION, A SPORTS UNIFORM OR A MUSICAL INSTRUMENT. WE ENSURE FOSTER CHILDREN KNOW THAT THEY TOO ARE HEARD, SPECIAL AND DESERVING. THE FOUNDATION HAS SPECIAL FUNDS SET UP TO SUPPORT THESE NEEDS NOT MET THROUGH TYPICAL FUNDING, WHICH INCLUDE SOMETHING SPECIAL FUND, BIRTHDAY CLUB, AND COMMUNITY DRIVES. 6469461 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 40 0 1 69 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MELISSA NICHOLS 8582784400 9400 RUFFIN COURT SUITE A SAN DIEGO CA 92123 MERRILEE NEAL IMMEDIATE PAST CHAIR 0.50 X X 0 0 0 EMILY GREEN LAKE SECRETARY 0.50 X X 0 0 0 JOAN WAITT CHAIR 0.50 X X 0 0 0 ANDREW BOLINGER TREASURER 0.50 X X 0 0 0 DANIELLE C HUMPHRIES EXECUTIVE MEMBER 0.50 X X 0 0 0 NINA OVALLE MEMBER AT LARGE 0.50 X 0 0 0 ARIANNE BETTAZZI MEMBER AT LARGE 0.50 X 0 0 0 BRETT PERNICANO MEMBER AT LARGE 0.50 X 0 0 0 CARRIE MILLER MEMBER AT LARGE 0.50 X 0 0 0 JAYE-CONNOLLY LABELLE MEMBER AT LARGE 0.50 X 0 0 0 JEFFREY STRAUSS MEMBER AT LARGE 0.50 X 0 0 0 KAREN SEDGWICK MEMBER AT LARGE 0.50 X 0 0 0 LYNNE DOYLE MEMBER AT LARGE 0.50 X 0 0 0 MARK WILLS MEMBER AT LARGE 0.50 X 0 0 0 MIA PARK MEMBER AT LARGE 0.50 X 0 0 0 PAUL ZAMORA MEMBER AT LARGE 0.50 X 0 0 0 TIFFANY ROSIK MEMBER AT LARGE 0.50 X 0 0 0 ROBERT O'CONNELL VICE CHAIR (FORMER) 0.50 X 0 0 0 STEPHANIE BROWN IMMEDIATE PAST CHAIR 0.50 X 0 0 0 LISA MATICH TREASURER (FORMER) 0.50 X 0 0 0 ROGER MANSUKHANI MEMBER AT LARGE (FORMER) 0.50 X 0 0 0 LISA CORBOSIERO MEMBER AT LARGE (FORMER) 0.50 X 0 0 0 DANA ZHANG MEMBER AT LARGE (FORMER) 0.50 X 0 0 0 TONYA TOROSIAN CEO 60.00 X 311436 0 11342 STEPHANIE ORTEGA CHIEF OPERATIONS OFFICER 40.00 X 194604 0 9866 COREY POLANT DIRECTOR OF PHILANTHROPIC 40.00 X 122673 0 0 628713 0 21208 3 0 1 0 STARFISH GROUP LLC 13165 JANETTA PLACE SAN DIEGO CA 92130 ACCOUNTING CONSULTANT 110078 1 964600 190260 7214392 440340 8369252 29843 29843 400110 0 400110 400110 400110 951469 964600 375671 575798 575798 OTHER 900099 30400 30400 30400 9405403 30400 0 1005751 X 306334 306334 928112 928112 310699 220863 10752 79084 3004681 2135904 103978 764799 17800 12994 1246 3560 61516 61516 130900 92184 6573 32143 61655 54285 596 6774 128042 93471 8963 25608 30099 21972 2107 6020 YOUTH SUPPORT STIPENDS 680747 680747 IN-KIND CHILDREN'S PROG 439473 439473 OUTSIDE SERVICES 375212 191346 18052 165814 YOUTH AND VOLUNTEER TRA 367447 367447 1177798 924329 17813 235656 8020515 6469461 231596 1319458 1327246 2027460 866003 913749 2892166 2032031 236063 297907 1603134 664576 1040836 938558 11577641 13697052 17939955 19906757 368998 247573 167500 152626 536498 400199 X 11092508 13189705 6310949 6316853 17403457 19506558 17939955 19906757 1384888 718213 0 X X 0 1 X 1 0 X 3520489 8227171 7882920 8779000 7677146 36086726 144000 45500 144000 225000 225000 783500 3664489 8272671 8026920 9004000 7902146 36870226 339136 261372 738432 725521 543790 2608251 0 339136 261372 738432 725521 543790 2608251 34261975 211065 307643 813 21612 29843 570976 211065 307643 813 21612 29843 570976 1000 30400 31400 3876554 8580314 8027733 9025612 7962389 37472602 0.91430 0.90570 0.01520 0.02130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4777139 448904 5000 5221043 5415274 -585417 52718 4777139 4368094 1052180 5000 5415274 4333480 39614 5000 4368094 4163017 175463 5000 4333480 0.37506 0.10319 0.52175 0 0 186750 186750 1416384 664576 751808 938558 JCF INVESTMENT 356916 F SCHWAB BEQUESTS ENDOWMENT 1355900 F SCHWAB BOARD DESIGNATED 1062380 F SCHWAB GENERAL ENDOWMENT 157613 F SCHWAB HATTIE BROOKS ENDOWMENT 4217989 F SCHWAB JUNIOR LEAGUE ENDOWMENT 69774 F SCHWAB NON-ENDOWMENT 4741749 F SCHWAB POLINSKY ENDOWMENT 688849 F SAN DIEGO FOUNDATION 1045882 F 13697052 X 10303248 718213 235438 375671 1329322 8973926 61516 369961 431477 9405403 8200147 235438 375671 611109 7589038 61516 369961 431477 8020515 PART X, LINE 2: THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS WHICH PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITION AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS EXEMPT FOUNDATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2023, THE FOUNDATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 375,671. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT BENEFIT TO DONORS 369,961. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 375,671. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT BENEFIT TO DONORS 369,961. 2022 DREAM ON CONCERT GALA 1916069 964600 951469 78014 8333 121509 135002 32813 1916069 964600 951469 78014 8333 121509 135002 32813 375671 575798 1 HEALTHY ADVENTURES FOUNDATION 2941 4TH AVE SAN DIEGO CA 92103 260772131 501(C)3 111666 0 ENHANCEMENT RADY'S CHILDREN HOSPITAL 3020 CHILDRENS WAY SAN DIEGO CA 92121 237228287 501(C)3 194668 0 ENHANCEMENT SCHOLARSHIPS AND YOUTH SUPPORTGUARDIAN SCHOLARS TRADITIONAL PROGRAM 222 683795 SCHOLARSHIPSSOMETHING SPECIAL 530 160240 SCHOLARSHIPSBIRTHDAY CLUB 48 1859 SCHOLARSHIPS AND YOUTH SUPPORTGUARDIAN SCHOLARS CAREER PROGRAM 120 82217 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AND/OR ASSISTANCE. X 0 0 0 0 0 0 0 0 0 TONYA TOROSIAN CEO 244156 0 0 0 67280 0 0 0 11342 0 322778 0 0 0 STEPHANIE ORTEGA CHIEF OPERATIONS OFFICER 194604 0 0 0 0 0 0 0 9866 0 204470 0 0 0 PAMPLEMOUSSE GRILL JEFFREY STRAUSS, BOARD MEMBER, OWNS PAMPLEMOUSSE GRILL 141424 CATERING FOR EVENTS 0 RANCH & COAST MIA PARK, BOARD MEMBER, IS EDITOR IN CHIEF OF RANCH & COAST 16570 ADVERTISING IN MAGAZINE 0 DOWLING & YAHNKE WEALTH ADVISORS BRETT PERNICANO, BOARD MEMBER, IS A PARTNER IN DOWLING & YAHNKE WEALTH ADV 61516 INVESTMENT MANAGEMENT SERVICES 0 X SUPPLIES, TOYS, CLOTHES 74 440340 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS POSTED TO THE SECURE PORTION OF THE FOUNDATION'S WEBSITE ACCESSIBLE BY BOARD MEMBERS ONLY FOR THEIR REVIEW PRIOR TO FILING. BOARD MEMBERS ARE NOTIFIED AND ASKED TO REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW BOARD MEMBERS ARE GIVEN AN REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS ALL BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN. THE BOARD DEVELOPMENT COMMITTEE REVIEWS ANY POTENTIAL CONFLICTS AND RECOMMENDS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO/PRESIDENT WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION SURVEYS WERE USED FOR COMPARABILITY DATA. THE COMPENSATION OF THE KEY EMPLOYEES WAS REVIEWED AND APPROVED BY THE PRESIDENT/CEO. THE BOARD OF DIRECTORS APPROVED THE COMPENSATION AS PART OF APPROVING THE OVERALL BUDGET. COMPENSATION SURVEYS WERE USED FOR COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON IT'S WEBSITE FOR THE GENERAL PUBLIC. FORM 990, PART IX, LINE 24E CHILDREN'S PROGRAM SERVICES: PROGRAM SERVICE EXPENSES 337,735. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 337,735. YOUTH ACTIVITIES: PROGRAM SERVICE EXPENSES 302,307. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 302,307. SPECIAL EVENT MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 15,252. MANAGEMENT AND GENERAL EXPENSES 717. FUNDRAISING EXPENSES 62,512. TOTAL EXPENSES 78,481. PRINTING AND PRODUCTION: PROGRAM SERVICE EXPENSES 35,411. MANAGEMENT AND GENERAL EXPENSES 3,331. FUNDRAISING EXPENSES 28,843. TOTAL EXPENSES 67,585. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 37,767. MANAGEMENT AND GENERAL EXPENSES 1,450. FUNDRAISING EXPENSES 27,073. TOTAL EXPENSES 66,290. VOLUNTEER AND DONOR RECOGNITION: PROGRAM SERVICE EXPENSES 37,262. MANAGEMENT AND GENERAL EXPENSES 2,242. FUNDRAISING EXPENSES 13,136. TOTAL EXPENSES 52,640. TELEPHONE AND INTERNET: PROGRAM SERVICE EXPENSES 37,073. MANAGEMENT AND GENERAL EXPENSES 3,182. FUNDRAISING EXPENSES 9,417. TOTAL EXPENSES 49,672. CHILDREN'S PROGRAM MATERIALS: PROGRAM SERVICE EXPENSES 49,185. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,185. POSTAGE AND MAILING: PROGRAM SERVICE EXPENSES 29,131. MANAGEMENT AND GENERAL EXPENSES 566. FUNDRAISING EXPENSES 19,249. TOTAL EXPENSES 48,946. BANK CHARGES: PROGRAM SERVICE EXPENSES 280. MANAGEMENT AND GENERAL EXPENSES 25. FUNDRAISING EXPENSES 41,728. TOTAL EXPENSES 42,033. STAFF AND BOARD DEVELOPMENT: PROGRAM SERVICE EXPENSES 18,248. MANAGEMENT AND GENERAL EXPENSES 1,069. FUNDRAISING EXPENSES 5,243. TOTAL EXPENSES 24,560. SUPPLIES: PROGRAM SERVICE EXPENSES 12,079. MANAGEMENT AND GENERAL EXPENSES 1,040. FUNDRAISING EXPENSES 3,079. TOTAL EXPENSES 16,198. RENTAL EQUIPMENT: PROGRAM SERVICE EXPENSES 8,008. MANAGEMENT AND GENERAL EXPENSES 3,736. FUNDRAISING EXPENSES 1,699. TOTAL EXPENSES 13,443. BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,148. TOTAL EXPENSES 10,148. GRAPHIC ART AND DESIGN: PROGRAM SERVICE EXPENSES 1,417. MANAGEMENT AND GENERAL EXPENSES 136. FUNDRAISING EXPENSES 7,027. TOTAL EXPENSES 8,580. TAX & LICENSE: PROGRAM SERVICE EXPENSES 796. MANAGEMENT AND GENERAL EXPENSES 91. FUNDRAISING EXPENSES 5,850. TOTAL EXPENSES 6,737. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 2,378. MANAGEMENT AND GENERAL EXPENSES 228. FUNDRAISING EXPENSES 652. TOTAL EXPENSES 3,258. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE DURING THE YEAR.