Civic Intelligence

Mcf Gift Fund Inc.

990 • Fiscal year 2016 • EIN 68-0477815

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 08, 2017

Organization ProfileNONE
5 Hamilton Landing No 200Novato, CA 94949

(415) 464-2500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

7th percentile

0.00x

Higher debt load relative to revenue than 7% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

6th percentile

-57%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

96th percentile

$594,160

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

4th percentile

-22%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$3,355,079

Down $956,920 (-22%) from 2015

Net Assets

Down

$3,353,472

Down $915,607 (-21%) from 2015

Liabilities

Down

$1,607

Down $41,313 (-96%) from 2015

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin6th percentile

Revenue

Down

$3,015,595

Down $571,434 (-16%) from 2015

Expenses

Up

$4,741,611

Up $4,570,890 (+2677%) from 2015

Net Income

Down

-$1,726,016

Down $5,142,324 (-151%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $171,652Liabilities 2011: $37,511Net Assets 2011: $134,1412011Assets 2012: $140,000Liabilities 2012: $41,7262012Assets 2013: $1,739,250Liabilities 2013: $49,429Net Assets 2013: $1,689,8212013Assets 2014: $1,600,500Liabilities 2014: $34,820Net Assets 2014: $1,565,6802014Assets 2015: $4,311,999Liabilities 2015: $42,920Net Assets 2015: $4,269,0792015Assets 2016: $3,355,079Liabilities 2016: $1,607Net Assets 2016: $3,353,4722016Assets 2017: $3,348,341Liabilities 2017: $0Net Assets 2017: $3,348,3412017Assets 2018: $20,467,736Liabilities 2018: $352Net Assets 2018: $20,467,3842018Assets 2019: $839,786Liabilities 2019: $0Net Assets 2019: $839,7862019Assets 2020: $16,501,773Liabilities 2020: $41,700Net Assets 2020: $16,460,0732020Assets 2021: $18,715,228Liabilities 2021: $4,372,900Net Assets 2021: $14,342,3282021Assets 2022: $32,076,088Liabilities 2022: $4,517,563Net Assets 2022: $27,558,5252022Assets 2023: $24,048,443Liabilities 2023: $4,433,933Net Assets 2023: $19,614,5102023Assets 2024: $27,542,726Liabilities 2024: $4,483,583Net Assets 2024: $23,059,1432024

Highlighted filing

2016

Assets$3,355,079
Liabilities$1,607
Net Assets$3,353,472
Open 2016 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2011: $11,9742011Revenue 2012: $750Expenses 2012: $6,616Net Income 2012: -$5,8662012Expenses 2013: $02013Revenue 2014: -$1,549Expenses 2014: $122,592Net Income 2014: -$124,1412014Revenue 2015: $3,587,029Expenses 2015: $170,721Net Income 2015: $3,416,3082015Revenue 2016: $3,015,595Expenses 2016: $4,741,611Net Income 2016: -$1,726,0162016Revenue 2017: $97,192Expenses 2017: $12,760Net Income 2017: $84,4322017Revenue 2018: $67,259,936Expenses 2018: $23,330,379Net Income 2018: $43,929,5572018Revenue 2019: $1,110,046Expenses 2019: $3,258,521Net Income 2019: -$2,148,4752019Revenue 2020: $15,822,944Expenses 2020: $970,896Net Income 2020: $14,852,0482020Revenue 2021: $7,467,764Expenses 2021: $10,897,468Net Income 2021: -$3,429,7042021Revenue 2022: $53,478,736Expenses 2022: $39,424,829Net Income 2022: $14,053,9072022Revenue 2023: $735,492Expenses 2023: $7,303,512Net Income 2023: -$6,568,0202023Revenue 2024: $9,149,622Expenses 2024: $6,940,872Net Income 2024: $2,208,7502024

Highlighted filing

2016

Revenue$3,015,595
Expenses$4,741,611
Net Income-$1,726,016
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 8, 2017
Return Version
2015v3.0
Gross Receipts
$8,677,899
Mission and Program Overview

Mission

MCF Gift Fund ("the foundation") is a California non-profit public benefit corporation organized as a supporting organization of the Marin community foundation ("MCF"). The foundation engages in charitable grantmaking in support of the mission of MCF.

CHARITABLE GRANTMAKING

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,983$72,559▲ $22,576
Accounts Receivable-$20-
Total Assets$4,311,999$3,355,079▼ $956,920
Other Assets Total$4,262,016$3,282,500▼ $979,516
Liabilities
Accounts Payable and Accrued Expenses$42,920$1,607▼ $41,313
Total Liabilities$42,920$1,607▼ $41,313
Net Assets / Fund Balance
Unrestricted Net Assets$4,269,079$3,353,472▼ $915,607
Total Net Assets Fund Balance$4,269,079$3,353,472▼ $915,607
Total Liabilities and Net Assets / Fund Balance$4,311,999$3,355,079▼ $956,920

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,282,500--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleOtherTotal
Caroline JensenSecretary (Though 10/25/15)$87,408$87,408
Ashley SmithSecretary (Start 10/26/15)$16,967$16,967

Board Members and Trustees

NameTitle
Thomas Peters PhDPresident and CEO
Daniel SkaffBoard Member
Debra WetherbyBoard Member
Mark BuellBoard Member
Maureen SedonaenBoard Member
Mitchell CohenBoard Member
Robert J ReynoldsBoard Member
Roxanne RichardsBoard Member
Saul PenaBoard Member
SA HartmanCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$3,757,000
Program Service Revenue
$0
Investment Income
$-750,069
Other Revenue
$8,664
All Other Contributions
$3,757,000
Change in Net Assets
$-1,726,016

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Secur Prtnrshp Trust Intrsts3$3,747,000Appraisal
Total Noncash Contributions3$3,747,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,725,098
Other Expenses$16,513
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,725,098--$4,725,098
Other Expenses-$1,678-$1,678
Total Functional Expenses$4,725,098$16,513$0$4,741,611
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Marin Community FoundationNovato, CA501(c)3Support grantmaking$4,725,098
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“The Form 990 is provided to the Chief Financial Officer and Vice President of Finance for review before filing.”

Form 990, Part VI, Section B, line 12C

“All members of the governing board, officers and key employees must review the conflict of interest policy and complete a questionnaire concerning compliance on an annual basis. The forms are reviewed by the CFO and the corporate secretary to ensure ongoing compliance and determine whether a conflict exists. All conflicts and potential conflicts are required to be disclosed, and the person is excluded from participating in deliberations and decisions concerning the matter.”

Form 990, Part VI, Section B, line 15

“Mcf gift fund (the fund) does not have any paid staff. If the fund were to hire executive staff it would follow the policies and procedures of its parent organization, the marin community foundation (mcf). Mcf's top management official's compensation package is reviewed and decided annually by the board of directors. A compensation committee comprised of several independent board members of the board of directors is established annually. Every few years, the committee engages an independent executive compensation consultant to evaluate the president's & cfo/coo's compensation package to determine if the components, as well as the package as a whole continue to be fair and reasonable.”

Form 990, Part VI, Section C, line 18

“The Form 990 is available upon request.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
MCF Gift Fund Inc
EIN
68-0477815
Phone
4154642500
Address
5 Hamilton Landing No 200, Novato, CA 94949

Signing Officer

Name
Sa Hartman
Title
CFO
Phone
4154642500
Signed
2017-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Peters PhD
Formed
2001
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Armanino LLP
Address
12657 Alcosta Blvd Ste 500, San Ramon, CA 94583-4600
Preparer
Katy Brown
Phone
9257902600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C:

“The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 648 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt042920
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01607
IRS990/AccountsReceivableGrp/EOYAmt020
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CHARITABLE GRANTMAKING
IRS990/AllOtherContributionsAmt03757000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SA Hartman
IRS990/BooksInCareOfDetail/PhoneNum04154642500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05 Hamilton Landing Suite 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0NOVATO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094949
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt049983
IRS990/CashNonInterestBearingGrp/EOYAmt072559
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03757000
IRS990/CYGrantsAndSimilarPaidAmt04725098
IRS990/CYInvestmentIncomeAmt0-750069
IRS990/CYOtherExpensesAmt016513
IRS990/CYOtherRevenueAmt08664
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1726016
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04741611
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03015595
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The MCF Gift Fund accepts charitable contributions for the benefit of Marin Community Foundation, its supported organization. The gift fund will make grants to MCF in support of its mission as soon as the assets have been liquidated. During the year ending June 30, 2016, three grants totaling $4,725,098 were awarded.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04725098
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282FiledCnt02
IRS990/Form8282PropertyDisposedOfInd01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt863591
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt986399
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1028246
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt112621
IRS990/Form990PartVIISectionAGrp/PersonNm0Robert J Reynolds
IRS990/Form990PartVIISectionAGrp/PersonNm1Daniel Skaff
IRS990/Form990PartVIISectionAGrp/PersonNm2Debra Wetherby
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark Buell
IRS990/Form990PartVIISectionAGrp/PersonNm4Roxanne Richards
IRS990/Form990PartVIISectionAGrp/PersonNm5Mitchell Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm6Saul Pena
IRS990/Form990PartVIISectionAGrp/PersonNm7Maureen Sedonaen
IRS990/Form990PartVIISectionAGrp/PersonNm8Thomas Peters PhD
IRS990/Form990PartVIISectionAGrp/PersonNm9SA Hartman
IRS990/Form990PartVIISectionAGrp/PersonNm10Caroline Jensen
IRS990/Form990PartVIISectionAGrp/PersonNm11Ashley Smith
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8530569
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9320255
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1059162
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1114346
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary (Though 10/25/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary (Start 10/26/15)
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-750069
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt04725098
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04725098
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04725098
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt04912235
IRS990/GrossReceiptsAmt08677899
IRS990/GrossRentsGrp/RealAmt08664
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05662304
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MCF Gift Fund ("the foundation") is a California non-profit public benefit corporation organized as a supporting organization of the Marin community foundation ("MCF"). The foundation engages in charitable grantmaking in support of the mission of MCF.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04269079
IRS990/NetAssetsOrFundBalancesEOYAmt03353472
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-750069
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-750069
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt08664
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08664
IRS990/NetUnrelatedBusTxblIncmAmt0296
IRS990/NetUnrlzdGainsLossesInvstAmt0810409
IRS990/NoncashContributionsAmt03747000
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04262016
IRS990/OtherAssetsTotalGrp/EOYAmt03282500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Storage- Artwork
IRS990/OtherExpensesGrp/Desc1Property Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014835
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11678
IRS990/OtherExpensesGrp/TotalAmt014835
IRS990/OtherExpensesGrp/TotalAmt11678
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Thomas Peters PhD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03467500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0119255
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt051466
IRS990/PYOtherRevenueAmt0109274
IRS990/PYProgramServiceRevenueAmt010255
IRS990/PYRevenuesLessExpensesAmt03416308
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0170721
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03587029
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1726016
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt08664
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0943007979
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt04725098
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MARIN COMMUNITY Fdn
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt04725098
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03282500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Various LLC Units
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03282500
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt04725098
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support grantmaking
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT GRANTMAKING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Marin Community Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0943007979
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05 Hamilton Landing Suite 200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Novato
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094949
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0To qualify for a grant distribution from the foundation, a grantee must be able to satisfy the foundation's due diligence requirements. This process includes making an independent investigation of the prospective grantee to establish that it qualifies to receive the grant. The grantee organization must also have the capacity to fulfill the terms of the grant and be willing to furnish the foundation with any required evaluative reports. Depending upon the size and source of the grant, a written report from the grantee may be required.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0431272
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1293147
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt031800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt167800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt031791
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt118599
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt099297
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt127108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Thomas Peters PhD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SA Hartman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President and CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0594160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1406654
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/ContributionCnt03
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/MethodOfDeterminingRevenuesTxt0Appraisal
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NoncashContributionsRptF990Amt03747000
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THIS NUMBER REFLECTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Column (b):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is provided to the Chief Financial Officer and Vice President of Finance for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All members of the governing board, officers and key employees must review the conflict of interest policy and complete a questionnaire concerning compliance on an annual basis. The forms are reviewed by the CFO and the corporate secretary to ensure ongoing compliance and determine whether a conflict exists. All conflicts and potential conflicts are required to be disclosed, and the person is excluded from participating in deliberations and decisions concerning the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MCF GIFT FUND (THE FUND) DOES NOT HAVE ANY PAID STAFF. IF THE FUND WERE TO HIRE EXECUTIVE STAFF IT WOULD FOLLOW THE POLICIES AND PROCEDURES OF ITS PARENT ORGANIZATION, THE MARIN COMMUNITY FOUNDATION (MCF). MCF'S TOP MANAGEMENT OFFICIAL'S COMPENSATION PACKAGE IS REVIEWED AND DECIDED ANNUALLY BY THE BOARD OF DIRECTORS. A COMPENSATION COMMITTEE COMPRISED OF SEVERAL INDEPENDENT BOARD MEMBERS OF THE BOARD OF DIRECTORS IS ESTABLISHED ANNUALLY. EVERY FEW YEARS, THE COMMITTEE ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT TO EVALUATE THE PRESIDENT'S & CFO/COO'S COMPENSATION PACKAGE TO DETERMINE IF THE COMPONENTS, AS WELL AS THE PACKAGE AS A WHOLE CONTINUE TO BE FAIR AND REASONABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7Marin Community Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8Marin Community Foundation

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,355,079
Liabilities
$1,607
Net assets
$3,353,472
Revenue
$3,015,595
Expenses
$4,741,611
Net income
-$1,726,016
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.5$4.48$23.1$9.15$6.94$2.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.0$4.43$19.6$0.74$7.30$6.57
2022Detailed filing. Detailed filing data is available for this year.$32.1$4.52$27.6$53.5$39.4$14.1
2021Detailed filing. Detailed filing data is available for this year.$18.7$4.37$14.3$7.47$10.9$3.43
2020Detailed filing. Detailed filing data is available for this year.$16.5$0.04$16.5$15.8$0.97$14.9
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$1.11$3.26$2.15
2018Detailed filing. Detailed filing data is available for this year.$20.5$0.00$20.5$67.3$23.3$43.9
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.00$3.35$0.10$0.01$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.36$0.00$3.35$3.02$4.74$1.73
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.31$0.04$4.27$3.59$0.17$3.42
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.03$1.57$0.00$0.12$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.05$1.69$0.00
2012Summary only. Only limited summary data is available for this year.$0.14$0.04$0.00$0.01$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.04$0.13$0.01