2024-04-30T21:39:42-05:00 2023-12-31 262350873 CALIBER AUDIT & ATTEST LLP 805 AEROVISTA PLACE SUITE 103 SAN LUIS OBISPO CA 93401 990 2023-01-01 800383894 REAL ESTATE FOUNDATION OF SAN LUIS OBISPO COUNTY REAL 8055432323 550 DANA STREET SAN LUIS OBISPO CA 93401 GWEN ERSKINE PRESIDENT 8052399566 2024-04-17 1 GWEN ERSKINE 999009999 0 KIMBERLYN SPILLER P01491937 8058880240 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z GWEN ERSKINE 550 DANA STREET SAN LUIS OBISPO CA 93401 1185433 0 X N/A X 2009 CA TO CONDUCT & SUPPORT ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY. X 8 7 0 8 0 0 0 587500 1496 1496 15794 8937 0 0 17290 597933 0 0 0 0 0 0 0 0 0 7905 41204 7905 41204 9385 556729 769877 414638 350000 176891 419877 237747 EARNINGS ARE USED TO SUPPORT THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY. 0 0 31167 1496 EXPENSES ARE INCURRED IN THE PROCESS OF SUPPORTING THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY. 31167 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X X MIKE JONES 8055432323 550 DANA STREET SAN LUIS OBISPO CA 93401 GWEN ERSKINE PRESIDENT 1.00 4.00 X X 0 0 0 STEVE MCCARTY VICE PRESIDENT 1.00 4.00 X X 0 0 0 BEN MCADAMS DIRECTOR 1.00 4.00 X 0 0 0 HEIDI MCPHERSON DIRECTOR 5.00 50.00 X 0 211439 6343 D MICHAEL PATRICK DIRECTOR 1.00 X 0 0 0 TY GREEN DIRECTOR 1.00 X 0 0 0 KEVIN IROT DIRECTOR 1.00 X 0 0 0 PAUL READY DIRECTOR 1.00 X 0 0 0 0 211439 6343 0 0 1 0 0 587500 587500 587500 LOAN SERVICING FEES 561000 1496 1496 1496 8937 8937 587500 587500 0 0 597933 1496 0 8937 7023 7023 2500 2500 970 456 514 COST OF SALE 30686 30686 TAXES, PERMITS AND FEES 25 25 41204 31167 10037 0 69877 64638 700000 350000 769877 414638 1891 350000 175000 350000 176891 X 69877 64638 350000 173109 419877 237747 769877 414638 X 556729 -738859 X X 0 1 X 1 0 X X X 1 THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY 770496500 7 1 738859 0 1 738859 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PAYABLE TO SANTA BARBARA FOUNDATION 175000 175000 X PART X, LINE 2: FROM AUDITED FINANCIAL STATEMENTS FOOTNOTE: THE FOUNDATION'S ACTIVITIES ARE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA FRANCHISE TAX CODE. SINCE THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX LIABILITY, NO PROVISION IS MADE FOR CURRENT OR DEFERRED INCOME TAX EXPENSE. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, MANAGEMENT OF THE FOUNDATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE CONSOLIDATED FINANCIAL STATEMENTS UNDER THE PRINCIPLES OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. 0 0 0 0 0 0 0 0 0 HEIDI MCPHERSON DIRECTOR 0 205825 0 5614 0 0 0 6343 0 0 0 217782 0 0 X 50% OF PROPERTY SOLD 1 587500 FMV 0 1 0 50% OF INTEREST IN 1230 MIRALESTE DRIVE, SAN LUIS OBISPO, CA 93401 2023-03-03 587500 SALE PRICE THROUGH ESCROW JEAN A GUEST TRUST 1230 MIRALESTE DRIVE SAN LUIS OBISPO CA 93401 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS FOUNDATION'S CHIEF FINANCIAL OFFICER AND BOARD OF DIRECTORS REVIEW TAX RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY. APPLICABLE INDIVIDUALS COMPLETE AND SIGN A WRITTEN CONFLICT OF INTEREST DISCLOSURE DOCUMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 A PUBLIC DISCLOSURE COPY OF THE ORGANIZATION'S BYLAWS AND POLICIES ARE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE CONSOLIDATED WITH A RELATED ORGANIZATION. THOSE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE RELATED ORGANIZATION'S WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTION TO THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY -738,859. FORM 990, PART XI, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE OVERSIGHT PROCESS BY THE BOARD OF DIRECTORS DID NOT CHANGE THIS YEAR. THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY 550 DANA STREET SAN LUIS OBISPO CA 93401 770496500 TO BUILD AN ENDOWMENT & USE EARNINGS TO MAKE GRANTS TO NON-PROFITS CA 501(C)(3) LINE 7 THE COMMUNITY FOUNDATION SAN LUIS OBISPO COUNTY 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 THE COMMUNITY FOUNDATION OF SAN LUIS OBISPO COUNTY B 738859 CASH DISBURSED