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Nonprofit · EIN 31-1648835

SUMMIT BANK FOUNDATION

Tax-exempt · OAKLAND, CA 94611

Financials

$241K$57K2024
Revenue Expenses · by fiscal year end
Financials of SUMMIT BANK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$241,377$56,624$184,753$2,185,637$0$2,185,637
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$310,828
Program service revenue
$0
Investment income
$14,669
Net income from fundraising events
-$88,170
Net income from gaming
$4,050
Other revenue
-$84,120

Expenses

Grants and similar amounts paid
$29,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$29,500
Management and general (functional)
$807
Fundraising (functional)
$26,317

Balance sheet and other

Total assets, start of year
$2,000,884
Total assets, end of year
$2,185,637
Total liabilities, end of year
$0
Net assets, end of year
$2,185,637
Net assets without donor restrictions
$561,048
Net assets with donor restrictions
$1,624,589
Gross receipts
$378,547
Employees
0
Volunteers
10
Year formed
2006
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Shirley NelsonChair
Trustee or director, Officer
5$0$680,707
Mani GanesamurthyCFO
Officer
5$0$510,872
Joe RaineroPresident
Trustee or director, Officer
1$0$0
Anne Marie TaylorSecretary
Trustee or director, Officer
1$0$0
Susan CasperDirector - left mid year
Trustee or director
1$0$0
James FalaschiDirector
Trustee or director
1$0$0
Ken CoitDirector
Trustee or director
1$0$0
Alfred P KnollDirector
Trustee or director
1$0$0
David RueggDirector
Trustee or director
1$0$0
Derreck JohnsonDirector
Trustee or director
1$0$0
Nancy O'MalleyDirector
Trustee or director
1$0$0
Maria FalaschiDirector - joined mid year
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2969 BROADWAY, OAKLAND, CA 94611-5710
In care of
% SHIRLEY NELSON
Principal officer (990 for 2024)
Shirley Nelson, 2969 Broadway, Oakland, CA 94611
Signed the 990
Mani Ganesamurthy, CFO
Phone
(510) 839-8800
Return prepared by
Eide Bailly LLP

Mission

To garner funds in support of research at the UCSF Helen Diller Comprehensive Cancer Research Center. To aid doctors in finding a cure and provide financial assistance for innovation and progressive research. To provide scholarships to students who have overcome adversity in their journey for success in education.

990 for the year ended December 31, 2024

Program accomplishments

  • The Foundation raises funds through two events and funds scholarships for students, and supports cancer and other research at UCSF.
    Expenses $29,500 · grants $29,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026No data
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1648835
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,098,484
Income (IRS master file)
$414,918

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$209,014$276,353$2,000,884IRS
990December 2022$326,449$73,967$2,068,223IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about SUMMIT BANK FOUNDATION

What is the EIN of SUMMIT BANK FOUNDATION?
The employer identification number (EIN) of SUMMIT BANK FOUNDATION is 31-1648835.
Is SUMMIT BANK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to SUMMIT BANK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SUMMIT BANK FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SUMMIT BANK FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SUMMIT BANK FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SUMMIT BANK FOUNDATION?
The 990 for the year ended December 31, 2024 names Shirley Nelson.
Who are the officers and directors of SUMMIT BANK FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does SUMMIT BANK FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $241,377, expenses of $56,624 and total assets of $2,185,637 at year end.

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