The Palos Verdes Estates Foundation strengthens our community by encouraging philanthropy through public-private partnerships with the city of Palos Verdes Estates, augmenting cultural, recreational, lifestyle and safety programs.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $72K a year · 23% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $26K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$24K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$428K
Spent
$100K
To programs
79%
Net assets
$363K
By yearFY2021–FY2025
Revenue
$428K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$428K
FY2022$473K
FY2023$58K
FY2024$415K
FY2025$167K
Expenses
$100K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$100K
FY2022$368K
FY2023$134K
FY2024$174K
FY2025$405K
Net assets
$363K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$363K
FY2022$469K
FY2023$378K
FY2024$618K
FY2025$381K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $79K Management & general 10% · $10K Fundraising 11% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A

Renee Jaco’s $50K as Executive Director is at the 31st percentile of top reported officer pay among 1989 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Renee Jaco$50,000$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Palos Verdes Estates Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Encourages community philanthropy through public-private partnerships.

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Provided by the organization

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1 program · $79K · in their own filed words · FY2020
01

The foundation makes grants to local nonprofits or governmental agencies, or pays contractors who complete projects, all in pursuit of the foundations mission. In the year ended june 30, 2021 the foundation 1. Paid contractors to beautify the median at palos verdes estates city hall in the amount of 60,543, 2.

$79Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 14 grants · $845K · 2020–2024
City of Palos Verdes EstatesFY2024$288,063
City of Palos Verdes EstatesFY2023$54,717
City of Palos Verdes EstatesFY2023$15,000
City of Palos Verdes EstatesFY2022$41,072
City of Palos Verdes EstatesFY2022$6,556
City of Palos Verdes EstatesFY2021$195,000
City of Palos Verdes EstatesFY2021$74,250
City of Palos Verdes EstatesFY2021$52,878
City of Palos Verdes EstatesFY2021$22,655
City of Palos Verdes EstatesFY2021$6,229
City of Palos Verdes EstatesFY2020$60,543
City of Palos Verdes EstatesFY2020$10,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$428K
Ln 12
Gifts and grantsLn 1h$428K
Investment incomeLn 3$16
Money outPt IX
$100K
Ln 25
Programscol B$79K
Managementcol C$10K
Fundraisingcol D$11K
Owns and owesPt X
$363K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$387K
LiabilitiesLn 26$24K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$428K
Noncash giftsLn 1g$13K
Investment incomeLn 3$16
Total revenueLn 12$428K
Assets in detailPt X, end of year
CashLn 1$31K
Cash and savings togetherLn 1–2$31K
Other assetsLn 15$338K
Total assetsLn 16$387K
LiabilitiesLn 26$24K
Net assetsLn 32$363K
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$15K$31K
Total assetsLn 16$36K$387K
LiabilitiesLn 26$401$24K
Net assetsLn 32$36K$363K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$18K$18K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$61K$61K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$747$747
Information technologyLn 14$4K$4K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$9K$9K
All other expensesLn 24e$0
Total functional expensesLn 25$100K$79K$10K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $167K$405K−$237K$381K 990 PDF
FY2024 $415K$174K$240K$618K 990 PDF
FY2023 $58K$134K−$76K$378K 990 PDF
FY2022 $473K$368K$106K$469K 990 PDF
FY2021 Viewing $428K$100K$327K$363K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $427,696 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $48,704$427,680
I-9 Program service revenue$0
I-10 Investment income$16
I-11 Other revenue$0
I-12 Total revenuePrior year $48,704$427,696
I-13 Grants and similar amounts paid$18,380
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $13,177$81,832
I-18 Total expensesPrior year $13,177$100,212
I-19 Revenue less expensesPrior year $35,527$327,484
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $427,696 across 5 lines filed
VIII-1f All other contributions, gifts and grants$427,680
VIII-1g Noncash contributions (included above)$12,955
VIII-1h Total contributions, gifts and grants$427,680
VIII-3 Investment incomeExcluded from tax $16$16
VIII-12 Total revenueExcluded from tax $16$427,696
Part IX · Statement of functional expenses $100,212 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $18,380$18,380
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $4,233$4,233
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $60,543$60,543
IX-12 Advertising and promotionFundraising $2,249$2,249
IX-13 Office expensesManagement $747$747
IX-14 Information technologyManagement $4,169$4,169
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,090$1,090
IX-24 Other expenses (24a–d)Fundraising $8,801$8,801
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $78,923 · Management $10,239 · Fundraising $11,050$100,212
Part X · Balance sheet $386,533 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $15,309$30,934
X-3 Pledges and grants receivable$16,000
X-8 Inventories for sale or useStart of year $1,721$1,721
X-15 Other assetsStart of year $18,898$337,878
X-16 Total assetsStart of year $35,928$386,533
X-17 Accounts payable and accrued expensesStart of year $401$5,642
X-18 Grants payable$17,880
X-26 Total liabilitiesStart of year $401$23,522
X-27 Net assets without donor restrictionsStart of year $35,527$363,011
X-32 Total net assets or fund balancesStart of year $35,527$363,011
X-33 Total liabilities and net assetsStart of year $35,928$386,533
Part XI · Reconciliation of net assets $363,011 net assets at year end
XI-1 Total revenue$427,696
XI-2 Total expenses$100,212
XI-3 Revenue less expenses$327,484
XI-4 Net assets at start of year$35,527
XI-10 Net assets at end of year$363,011

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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