The McCune Foundation FY2024 filing

Tax-deductible

Ventura, CA501(c)(3)EIN 77-0242953Revenue $1.6M in FY2024

On file with the IRSmccunefoundation.orgPo Box 24340, 93002-4340 · Ventura, CATax-exempt since Oct 1990Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$233K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-PFIndependent: 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
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $9.1M a year · 86% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
990-PF Pt I · 4 filings
Pay to officers and key staff
$233K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$24K
0.06% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-33% vs prior year
Spent
$1.9M
Net assets
$38.1M
By yearFY2021–FY2024
Revenue
$1.6M
FY2024▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.3M
FY2022$36.8M
FY2023$2.4M
FY2024$1.6M
FY2024$1.6M
Expenses
$1.9M
FY2024▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.0M
FY2022$1.2M
FY2023$1.7M
FY2024$1.9M
FY2024$2.2M
Net assets
$38.1M
FY2024▼ -0.8%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.9M
FY2022$37.6M
FY2023$38.4M
FY2024$38.1M
FY2024$37.5M

From the FY2024 Form 990 (year ending June 2024) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1990.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 59% · $1.1M Operating & administrative 41% · $805K

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

15 people listed on the 990-PF; $233K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$175,775Pt VII · Sec A
$7,500Pt VII · Sec A
$7,500Pt VII · Sec A
$7,500Pt VII · Sec A
$7,500Pt VII · Sec A
Secretary
$7,500Pt VII · Sec A
Director
$7,500Pt VII · Sec A
$7,500Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023
Claudia Z Armann$184,992$175,775$156,400
Hilda Zacarias$12,500$5,000—
Sandra Ball-Rokeach$10,000$7,500—
Vicki Fisher Magasinn$10,000$7,500—
Marcos Vargas$10,000$7,500—
Jocelyn Sze McCune$10,000$7,500—
Monique Limon$10,000$7,500—
Nancy Chen$10,000$7,500—

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 The McCune Foundation executive salaries →

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Programs and updates

A private foundation based in Ventura, CA.

Questions for The McCune Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 131 grants · $1.3M · 2024–2024
Fund for Santa BarbaraFY2024$60,000
Mixtecoindigena Community Organizing ProjectFY2024$50,000
Future Leaders of AmericaFY2024$50,000
Future Leaders of AmericaFY2024$50,000
Cause (central Coast Alliance United for a Sustainable Economy)FY2024$50,000
Cause (central Coast Alliance United for a Sustainable Economy)FY2024$50,000
Westminster Free ClinicFY2024$45,000
Fund for Santa BarbaraFY2024$40,000
Family Service AgencyFY2024$40,000
Girls INC CarpinteriaFY2024$35,000
California Lutheran UniversityFY2024$35,000
Individual RecipientFY2024$35,000
The Arc of Ventura CountyFY2024$30,000
Santa Barbara FoundationFY2024$30,000
Individual RecipientFY2024$30,000
Fund for Santa BarbaraFY2024$30,000
Freedom 4 YouthFY2024$30,000
Community InitiativesFY2024$30,000
See all 131 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$10K
Median grantPart XV$2K
Largest grantPart XV$60K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$1.6M
Investment income$1.4M
Gifts and grants$250K
Money out
$1.9M
Grants paid$1.1M
Running costs$805K
Owns and owes
$38.1M
net assets
Cash and savings$129K
Total assets$38.1M
Liabilities$24K
People
15
listed
Paid9
2In more detail
Revenue in detail
Gifts and grants$250K
Investment income$1.4M
Total revenue$1.6M
Assets in detailEnd of year
Cash and savings together$129K
Total assets$38.1M
Liabilities$24K
Net assets$38.1M
Operations
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.6M$1.9M−$302K$38.1M 990 PDF
FY2023 $2.4M$1.7M$757K$38.4M 990 PDF
FY2022 $36.8M$1.2M$35.6M$37.6M 990 PDF
FY2021 $1.3M$1.0M$275K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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