Rancho Santa Fe Foundation FY2023 filing

Tax-deductible

Rcho Santa Fe, CA501(c)(3)Since 1981Foundations & GrantmakersEIN 95-3709639Revenue $15.0M in FY2023

On file with the IRSrsffoundation.orgPo Box 811, 92067-0811 · Rcho Santa Fe, CATax-exempt since Jun 1982Publicly supported charity — 170(b)(1)(A)(vi)

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To be a comprehensive center for impactful philanthropy that inspires the joy of purposeful giving.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$606K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $6.8M a year · 34% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$606K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $98K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$46.0M
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15.0M
-13% vs prior year
Spent
$12.9M
To programs
89%
Net assets
$114.8M
By yearFY2020–FY2024
Revenue
$15.0M
FY2023▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.9M
FY2021$22.3M
FY2022$17.2M
FY2023$15.0M
FY2024$33.8M
Expenses
$12.9M
FY2023▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$12.9M
FY2021$13.3M
FY2022$11.0M
FY2023$12.9M
FY2024$15.9M
Net assets
$114.8M
FY2023▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$105.5M
FY2021$117.1M
FY2022$104.2M
FY2023$114.8M
FY2024$138.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1982.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $11.5M Management & general 6% · $838K Fundraising 4% · $534K

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

22 people listed on the 990; $606K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$211,391Pt VII · Sec A
Chief Operating Officer
$161,126Pt VII · Sec A
Director of Philanthropy
$154,800Pt VII · Sec A
Finance Director
$78,722Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ben Moraga’s $247K as President & CEO is at the 54th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Chris Sichel—$211,391$279,800——
Ben Moraga$246,782————
Christina Wilson Retire 1031———$233,899—
Christina Wilson————$206,599
Amy Myers$169,015$154,800———
Karen Sprigle$137,056$161,126$116,281$123,793$121,740
Nicole Tubbs$138,449————
Daniel Beals———$47,503$108,982

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 Rancho Santa Fe 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 15aYes

Programs and updates

Connects donors with impactful philanthropic opportunities and funds local nonprofits to support education and workforce development from early childhood through career readiness.

Questions for Rancho Santa Fe Foundation

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Provided by the organization

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3 programs · $11.5M · in their own filed words · FY2023
01

The rancho santa fe foundation supports a wide variety of causes every year through grants made from its donor advised funds and unrestricted endowment funds. Grants that are funded from donor advised funds are based on donor-advisor recommendations and those from unrestricted endowment funds are at the discretion of the organization's…

$11.1Mprogram expense
02

Supporting our heroes (formerly the patriots connection,) a program of the rancho santa fe foundation, strives to raise the awareness of and provide funding for the needs of the military through nonprofit service providers in san diego county. San diego has the largest concentration of militrary active & retired personnel in the nation.

$350Kprogram expense
03

Rancho santa fe foundation's advancing education grant pillar is focused on unlocking the boundless potential within our community. We are committed to supporting nonprofits that are creating a seamless pipeline of learning opportunities, starting with early childhood education and continuing through k-12, post-secondary education and…

$100Kprogram 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 · 1,199 grants · $56.1M · 2020–2024
National Philanthropic TrustPA · FY2024$629,104
Miraglo FoundationCA · FY2024$400,000
Scripps HealthCA · FY2024$277,500
Rancho Santa Fe Garden ClubCA · FY2024$235,000
Burn InstituteCA · FY2024$232,725
Legacy Plus FoundationNY · FY2024$230,000
Future LegendsCA · FY2024$216,500
U C San Diego FoundationCA · FY2024$206,010
Bridge2rwanda INCAR · FY2024$200,000
Rancho Santa Fe Womens FundCA · FY2024$164,790
See all 1,199 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$15.0M
Ln 12
Gifts and grantsLn 1h$11.3M
Investment incomeLn 3$3.4M
Fees for servicesLn 2g$336K
Money outPt IX
$12.9M
Ln 25
Programscol B$11.5M
Managementcol C$838K
Fundraisingcol D$534K
Owns and owesPt X
$114.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$160.8M
LiabilitiesLn 26$46.0M
PeoplePt VI, VII
22
listed · VII A
PaidVII A4
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.3M
Noncash giftsLn 1g$9.4M
Fees for servicesLn 2g$336K
Investment incomeLn 3$3.4M
Gains on assetsLn 7$317K
Total revenueLn 12$15.0M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$678K
Cash and savings togetherLn 1–2$2.3M
InvestmentsLn 11–13$109.5M
Land, buildings, equipmentLn 10c$28K
Other assetsLn 15$44.7M
Total assetsLn 16$160.8M
LiabilitiesLn 26$46.0M
Net assetsLn 32$114.8M
OperationsPt I, VI
EmployeesI 510
VolunteersI 623
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.4M$2.3M
InvestmentsLn 11–13$103.0M$109.5M
Land, buildings, equipmentLn 10c$23K$28K
Total assetsLn 16$146.6M$160.8M
LiabilitiesLn 26$42.5M$46.0M
Net assetsLn 32$104.2M$114.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11.2M$11.2M
Pay of current officers, directors and key staffLn 5$651K$169K$299K$182K
Other salaries and wagesLn 7$300K$75K$140K$84K
Payroll taxesLn 10$71K$18K$32K$21K
Legal feesLn 11b$886$886
Accounting feesLn 11c$62K$4K$54K$4K
Other fees for servicesLn 11g$132K$132K
Advertising and promotionLn 12$181K$181K
Office expensesLn 13$21K$8K$6K$6K
Information technologyLn 14$62K$3K$59K
OccupancyLn 16$101K$34K$34K$34K
TravelLn 17$8K$136$8K
Conferences, conventions and meetingsLn 19$28K$22K$6K
Depreciation, depletion and amortizationLn 22$12K$12K
InsuranceLn 23$35K$748$34K$863
Other expenses (24a–d)Ln 24$55K$19K$18K$19K
All other expensesLn 24e$7K$2K$3K$2K
Total functional expensesLn 25$12.9M$11.5M$838K$534K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $33.8M$15.9M$17.8M$138.0M 990 PDF
FY2023 Viewing $15.0M$12.9M$2.1M$114.8M 990 PDF
FY2022 $17.2M$11.0M$6.1M$104.2M 990 PDF
FY2021 $22.3M$13.3M$9.0M$117.1M 990 PDF
FY2020 $11.9M$12.9M−$977K$105.5M 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
See the full FY2023 990 (6 parts)
Part I · Summary $15,000,167 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,736,649$11,269,712
I-9 Program service revenuePrior year $463,700$335,838
I-10 Investment incomePrior year $4,977,888$3,394,617
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $17,178,237$15,000,167
I-13 Grants and similar amounts paidPrior year $9,725,565$11,179,702
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $867,634$1,021,295
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $455,748$705,145
I-18 Total expensesPrior year $11,048,947$12,906,142
I-19 Revenue less expensesPrior year $6,129,290$2,094,025
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $15,000,167 across 7 lines filed
VIII-1f All other contributions, gifts and grants$11,269,712
VIII-1g Noncash contributions (included above)$9,446,371
VIII-1h Total contributions, gifts and grants$11,269,712
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $335,838$335,838
VIII-3 Investment incomeExcluded from tax $3,077,772$3,077,772
VIII-7 Net gain or loss on sales of assetsExcluded from tax $316,845$316,845
VIII-12 Total revenueRelated to mission $335,838 · Unrelated business $0 · Excluded from tax $3,394,617$15,000,167
Part IX · Statement of functional expenses $12,906,142 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $11,179,702$11,179,702
IX-5 Pay of current officers, directors and key staffPrograms $169,186 · Management $299,327 · Fundraising $182,200$650,713
IX-7 Other salaries and wagesPrograms $75,217 · Management $140,320 · Fundraising $84,443$299,980
IX-10 Payroll taxesPrograms $17,909 · Management $32,020 · Fundraising $20,673$70,602
IX-11b Legal feesManagement $886$886
IX-11c Accounting feesPrograms $3,790 · Management $54,211 · Fundraising $4,375$62,376
IX-11g Other fees for servicesManagement $131,522$131,522
IX-12 Advertising and promotionFundraising $180,679$180,679
IX-13 Office expensesPrograms $8,500 · Management $6,454 · Fundraising $6,454$21,408
IX-14 Information technologyPrograms $2,700 · Management $59,382$62,082
IX-16 OccupancyPrograms $33,578 · Management $33,578 · Fundraising $33,578$100,734
IX-17 TravelPrograms $136 · Management $7,954$8,090
IX-19 Conferences, conventions and meetingsPrograms $21,953 · Management $5,734$27,687
IX-22 Depreciation, depletion and amortizationManagement $11,825$11,825
IX-23 InsurancePrograms $748 · Management $33,682 · Fundraising $863$35,293
IX-24 Other expenses (24a–d)Programs $18,878 · Management $17,844 · Fundraising $18,598$55,320
IX-24e All other expensesPrograms $1,933 · Management $3,377 · Fundraising $1,933$7,243
IX-25 Total functional expensesPrograms $11,534,230 · Management $838,116 · Fundraising $533,796$12,906,142
Part X · Balance sheet $160,817,877 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,783,180$1,646,004
X-2 Savings and temporary cash investmentsStart of year $631,435$678,234
X-3 Pledges and grants receivableStart of year $283,781$4,236,677
X-9 Prepaid expenses and deferred chargesStart of year $4,100$5,268
X-10c Land, buildings and equipment, netStart of year $23,082$27,958
X-11 Publicly traded securitiesStart of year $102,993,021$109,484,683
X-15 Other assetsStart of year $40,917,201$44,739,053
X-16 Total assetsStart of year $146,635,800$160,817,877
X-17 Accounts payable and accrued expensesStart of year $70,135$48,161
X-18 Grants payableStart of year $1,543,269$1,238,431
X-25 Other liabilitiesStart of year $268,784$494,986
X-26 Total liabilitiesStart of year $42,485,132$45,980,732
X-27 Net assets without donor restrictionsStart of year $55,011,668$57,936,000
X-28 Net assets with donor restrictionsStart of year $49,139,000$56,901,145
X-32 Total net assets or fund balancesStart of year $104,150,668$114,837,145
X-33 Total liabilities and net assetsStart of year $146,635,800$160,817,877
Part XI · Reconciliation of net assets $114,837,145 net assets at year end
XI-1 Total revenue$15,000,167
XI-2 Total expenses$12,906,142
XI-3 Revenue less expenses$2,094,025
XI-4 Net assets at start of year$104,150,668
XI-5 Net unrealized gains (losses) on investments$8,391,252
XI-9 Other changes in net assets$201,200
XI-10 Net assets at end of year$114,837,145

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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