2024-11-13T11:28:38-06:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-01-01 201826827 BAY AREA COUNCIL FOUNDATION BAYA 4159816600 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 JULIE ROWE CFO 4159816600 2024-11-12 1 0 MATTHEW PETROSKI P00853132 9257902600 2024-11-12 2023 2024-10-15 13:58:12Z X JULIE ROWE 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 4757549 0 X WWW.BAYAREACOUNCIL.ORG X 2004 CA BAY AREA COUNCIL FOUNDATION (BACF) IS A 501(C)(3) CHARITABLE ORG (CONTINUED ON SCHEDULE O) FOUNDED IN 2004 TO FUND, MANAGE AND IMPLEMENT INITIATIVES THAT IMPACT THE ENTIRE BAY AREA REGION OF CALIFORNIA. THE MISSION OF BACF IS TO SUPPORT THE BAY AREA COUNCIL (BAC) AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER, MORE VIBRANT COMMUNITIES, A HEALTHY ECONOMY, AND A MORE INNOVATIVE, GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA REGION. WE DO NOT MAKE GRANTS AND FUNCTION LARGELY AS AN OPERATING FOUNDATION. 23 23 0 23 527517 0 7839535 3612267 526850 617567 0 198 0 527517 8366385 4757549 1976816 1284094 0 0 1276197 1207298 0 0 8422 2199277 4589006 5452290 7080398 2914095 -2322849 46286108 45976245 34576327 36776536 11709781 9199709 X OUR VISION OF A STRONGER, INNOVATIVE, GLOBALLY COMPETITIVE AND MORE VIBRANT REGION IS EMPOWERED BY OUR MISSION TO SUPPORT THE BAY AREA COUNCIL AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER MORE VIBRANT COMMUNITIES (CONTINUED ON SCHEDULE O)A HEALTHY ECONOMY AND A MORE INNOVATIVE AND GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA. BACKED BY THE BAY AREA COUNCIL A 501(C)(4) ORGANIZATION WITH OVER 60 YEARS OF EXPERIENCE AND A SUCESSFUL TRACK RECORD IN THE POLICY ARENA, WE PROVIDE A STRONG FRAMEWORK AND RESOURCE BASE FOR ADDRESSING THE INTERDEPENDENT FORCESTHAT GOVERN THE REGIONAL ECONOMY WITH AN EYE ON LOCAL, STATE, NATIONAL AND INTERNATIONAL FACTORS. THE FOUNDATION WORK CAN BE SUMMARIZED IN THREE KEY WORDS: RESEARCHING; EDUCATING; IMPLEMENTING. 0 0 3143974 1284094 617567 ECONOMIC INSTITUTE (EI) - VARIOUS SPECIFIC RESEARCH PROJECTS FOR WHICH ECONOMIC REPORTS AND ANALYSIS WERE PREPARED AND COMMUNICATED TO THE BUSINESS COMMUNITY AND BAC MEMBERS. THE EI REVENUE AND EXPENSE FIGURES REPRESENT THE AUDITED FINANCIALS FOR THE ECONOMIC INSTITUTE SEGMENT OF THE BAY AREA COUNCIL FOUNDATION BUSINESS. NOTE THERE ARE CONTRACTUAL TIMING DIFFERENCES RELATIVE TO REVENUE AND EXPENSES RECOGNITION WITH EACH SPECIFIC RESEARCH PROJECT THAT MAY STRADDLE THE 2020 FINANCIAL YEAR. UPON COMPLETION, ALL PROJECT FINANCIALS REFLECT FAVORABLE RESULTS. 1722299 EDUCATION - WE BELIEVE IS ONE OF THE TOP COMPETITIVE FACTORS SHAPING THE BAY AREA. THEREFORE THE BACF HELPS DRIVE INITIATIVES TO HELP RAISE CALIFORNIA STUDENT ACHIEVEMENT THROUGH DATA, TEACHER QUALITY. WE HAVE KEY INITIATIVES GEARED TOWARD IMPROVING THE OUTCOMES OF THE STATES P-12 EDUCATION SYSTEM. WE ALSO EXPLORE HOW TO INCREASE LOW-INCOME ACCESS TO EARLY CHILD CARE IN THE BAY AREA AND STATE. 4866273 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 23 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X JULIE ROWE CFO 4159816600 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 KRISTINA LAWSON CHAIR 1.00 2.00 X X 0 0 0 CHRISTOPHER RIVIELLE SECRETARY 1.00 X 0 0 0 PHILLIP MAZZIE TREASURER 1.00 X 0 0 0 KAUSIK RAJGOPAL MEMBER 1.00 2.00 X X 0 0 0 CHRIS CIMINO MEMBER 1.00 2.00 X 0 0 0 MATT ROSSIE MEMBER 1.00 2.00 X 0 0 0 CARLA PETERMAN MEMBER 1.00 2.00 X 0 0 0 KIRSTEN RHODES MEMBER 1.00 X 0 0 0 LIZ MINICK MEMBER 1.00 2.00 X 0 0 0 PEG MCALLISTER MEMBER 1.00 2.00 X 0 0 0 JOHN GINGRICH MEMBER 1.00 2.00 X 0 0 0 DANNY WAN MEMBER 1.00 2.00 X 0 0 0 THOMAS TROY MEMBER 1.00 X 0 0 0 ROBERT JAMES MEMBER 1.00 X X 0 0 0 BRANDON SCHNEIDER MEMBER 1.00 2.00 X 0 0 0 BRANDON SHORENSTEIN MEMBER 1.00 2.00 X 0 0 0 CORI DAVIS MEMBER 1.00 X 0 0 0 MICHAEL COVARRUBIAS MEMBER 1.00 2.00 X 0 0 0 MARY HUSS MEMBER 1.00 X 0 0 0 JED YORK MEMBER 1.00 2.00 X 0 0 0 ALEXANDER MEHRAN SR MEMBER 1.00 2.00 X 0 0 0 CLINTON REILLY MEMBER 1.00 2.00 X 0 0 0 IVAR SATERO MEMBER 1.00 2.00 X 0 0 0 JAMES WUNDERMAN CEO 1.00 40.00 X 0 747359 94123 JOHN GRUBB COO 1.00 40.00 X 0 334749 58862 JULIE ROWE CFO 1.00 40.00 X 0 239838 27575 0 1321946 180560 0 0 1 0 MH PRODUCTIONS LLC 625 SPRUCE STREET APT A SAN FRANCISCO CA 94118 EVENT MANAGEMENT 156120 1 3612267 3612267 ECON. INST. RESEARCH 900099 617567 617567 617567 198 198 527517 0 527517 527517 527517 4757549 617567 527517 198 X 1284094 1284094 969515 906464 55873 7178 97049 89497 6691 861 81509 74100 7346 63 59225 55181 3724 320 1050 1050 33144 12000 21144 859289 859289 153 153 44825 24850 19975 29456 29141 315 43479 34664 8815 1291 929 362 844420 844420 1441306 1326261 115045 217845 11276 206569 BAD DEBTS EXPENSES 615835 49167 566668 EVENTS/DELEGATIONS/MTG 359570 74207 285363 TAXES AND LICENSES 62343 62343 CORPORATE OVERHEAD ALLO 35000 35000 7080398 4866273 2205703 8422 1099289 2500958 6154106 3899241 670244 529309 153790 138777 21425944 1801268 20944169 19624676 17264510 19283284 46286108 45976245 4581384 1183977 7786959 10708373 22207984 24884186 34576327 36776536 X 2378499 2431111 9331282 6768598 11709781 9199709 46286108 45976245 -2322849 -187223 0 X 0 1 X 1 0 X 1227816 3643174 6739120 7839535 3612267 23061912 1227816 3643174 6739120 7839535 3612267 23061912 5153906 17908006 23061912 4808223 0.77650 0.73070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18669392 1546400 17122992 2756552 254868 2501684 19624676 DUE FROM RELATED ORGANIZATIONS 15545426 OPERATING LEASE RIGHT-OF-USE ASSETS 3737858 19283284 DUE TO RELATED ORGANIZATIONS 21076570 LEASE LIABILITY 3807616 24884186 X PART X, LINE 2: BAY AREA COUNCIL FOUNDATION IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THERE WERE NO FEDERAL OR STATE TAX LIABILITIES DUE FOR THE YEAR ENDED DECEMBER 31, 2023. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL POSITIONS TAKEN BY BAC IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. BAC'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. 0 ALLIANCE FOR A BETTER COMMUNITY 1541 WILSHIRE BLVD SUITE 430 LOS ANGELES CA 90017 311760082 501(C)(3) 98591 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE THE STUDENT CONSERVATION ASSOCIATION 689 RIVER ROAD CHARLESTOWN NH 03603 910880684 501(C)(3) 85591 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE INTERFAITH POWER & LIGHT 672 13TH STREET SUITE 100 OAKLAND CA 94612 943335236 501(C)(3) 58250 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE CIVICWELL 980 9TH STREET SACRAMENTO CA 95814 942791699 501(C)(3) 10000 0 CATALYST SPONSORSHIP OF THE 2023 CALIFORNIA ADAPTATION FORUM CITY OF SAN LEANDRO 835 E 14TH STREET SAN LEANDRO CA 94577 946000421 MUNICIPALITY 80500 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE SANTA YNEZ BAND OF CHUMASH MISSION INDIANS PO BOX 517 SANTA YNEZ CA 93460 770374673 TRIBAL GOVERNMENT 56950 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE GREENBELT ALLIANCE 312 SUTTER STREET SUITE 510 SAN FRANCISCO CA 94108 941676747 501(C)(3) 98091 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE MYCELIUM YOUTH NETWORK 1633 54TH AVENUE OAKLAND CA 94601 850663137 501(C)(3) 97324 0 GRANT AWARD FOR CALIFORNIA RESILIENCE CHALLENGE 6 2 0 1 0 0 0 0 0 0 0 JAMES WUNDERMAN CEO 0 595102 0 99757 0 52500 0 62100 0 32023 0 841482 0 0 JOHN GRUBB COO 0 298049 0 36400 0 300 0 36264 0 22598 0 393611 0 0 JULIE ROWE CFO 0 218058 0 14875 0 6905 0 26071 0 1504 0 267413 0 0 PART I, LINE 3 THERE WERE NO PAID EMPLOYEES FOR BAY AREA COUNCIL FOUNDATION. ALL OFFICERS ARE PAID BY RELATED ORGANIZATION, BAY AREA COUNCIL 501(C)(4), AND TRANSFER PRICING METHODS ARE USED TO ALLOCATE TO THE RELATED BACF ENTITY. PART I, LINE 4B THE CEO, PAID BY A RELATED ORGANIZATION, PARTICIPATED IN A SECTION 457(F) DEFERRED COMPENSATION PLAN AND ACCRUED THE AMOUND OF $22,500 (NOT VESTED). FORM 990, PART VI, SECTION B, LINE 11B OUR TAX RETURN IS REVIEWED AND PREPARED BY OUR INDEPENDENT CPA FIRM. THE PROGRAM ELEMENTS ARE PREPARED BY SENIOR MANAGEMENT, INCLUDING THE CEO AND CFO. THE CPA FIRM ALSO PERFORMS THE INDEPENDENT FINANCIAL AUDIT AS REQUIRED BY THE BOARD OF DIRECTORS. FINANCIAL RESULTS AND PROGRAM FIGURES ARE INCLUDED HEREIN. FINANCIAL RESULTS ARE REPORTED TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FINANCE AND ADMINISTRATIVE DEPARTMENTS REGULARLY MONITOR FOR CONFLICTS OF INTEREST. OUR CONFLICT OF INTEREST POLICY IS INCLUDED IN OUR EMPLOYEE HR HANDBOOK. DIRECTORS, OFFICERS, AND EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THERE WERE NO PAID EMPLOYEES FOR THE BAY AREA COUNCIL FOUNDATION. ALL OFFICERS ARE PAID BY THE RELATED ORGANIZATION, BAY AREA COUNCIL 501(C)(4), AND TRANSFER PRICING METHODS ARE USED TO ALLOCATE TO THE RELATED BACF ENTITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ECONOMIC RESEARCH CONSULTANTS: PROGRAM SERVICE EXPENSES 68,775. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,775. GRANT WORK CONSULTANTS: PROGRAM SERVICE EXPENSES 735,026. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 735,026. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 7,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,500. POLICY CONSULTANTS: PROGRAM SERVICE EXPENSES 40,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,000. VISUAL GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 7,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,500. WEB DESIGN: PROGRAM SERVICE EXPENSES 488. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 488. BAY AREA COUNCIL 353 SACRAMENTO STREET 10TH FLOOR SAN FRANCISCO CA 94111 237325853 SOCIAL WELFARE CA 501(C)(4) N/A 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0