Nonprofit · EIN 38-4135087
PALOS VERDES ESTATES FOUNDATION
Tax-exempt · PLS VRDS EST, CA 90274
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $167,475 | $404,662 | -$237,187 | $388,748 | $7,535 | $381,213 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $162,919
- Program service revenue
- $0
- Investment income
- $4,556
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $288,063
- Compensation of officers, directors and key employees
- $50,000
- Salaries, compensation and benefits (total)
- $54,217
- Professional fundraising fees
- $0
- Legal fees
- $10,456
- Accounting fees
- $18,696
- Program services (functional)
- $323,304
- Management and general (functional)
- $52,183
- Fundraising (functional)
- $29,175
Balance sheet and other
- Total assets, start of year
- $624,057
- Total assets, end of year
- $388,748
- Total liabilities, end of year
- $7,535
- Net assets, end of year
- $381,213
- Net assets without donor restrictions
- $189,243
- Net assets with donor restrictions
- $191,970
- Gross receipts
- $167,475
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2019
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENEE JACO | EXECUTIVE DIRECTOR Officer | 40 | $50,000 |
| DAVID MCGOWAN | PRESIDENT Trustee or director, Officer | 6 | $0 |
| VIRGINIA BUTLER | DIRECTOR Trustee or director | 2 | $0 |
| JANET TEAGUE | SECRETARY Trustee or director, Officer | 2 | $0 |
| BARTON GUREWITZ | CHIEF FINANCIAL OFFICER Trustee or director, Officer | 2 | $0 |
| CHAD ACALLISTER | DIRECTOR Trustee or director | 2 | $0 |
| JULIA PARTON | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 955, PLS VRDS EST, CA 90274-0955
- In care of
- % PALOS VERDES ESTATES
- Principal officer (990 for 2024)
- DAVID A MCGOWAN, PO BOX 955, PALOS VERDES ESTATES, CA 90274
- Signed the 990
- DAVID A MCGOWAN, PRESIDENT
- Phone
- (213) 393-7977
- Return prepared by
- FOUMBERG JUNEJA ROCHER & CO PC
Mission
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.
Program accomplishments
- THE FOUNDATION MAKES GRANTS TO LOCAL NONPROFITS OR GOVERNMENTAL AGENCIES, OR PAYS CONTRACTORS WHO COMPLETE PROJECTS, ALL IN PURSUIT OF THE FOUNDATION'S MISSION. IN THE YEAR ENDED JUNE 30, 2025 THE FOUNDATION COMPLETED THE AUTOMATED LICENSE PLATE RECOGNITION (ALPR)CAMERA PROJECTS AMOUNTING TO $219,721, THE NEPTUNE FOUNTAIN PROJECT AMOUNTING TO $46,463 AND COMPLETED OTHER MISSION RELATED PROJECTS IN THE AMOUNT OF $21,879.Expenses $323,304 · grants $288,063
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 38-4135087
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C50)
- Assets (IRS master file)
- $388,748
- Income (IRS master file)
- $167,475
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $57,966 | $133,623 | $382,518 | IRS |
| 990 | June 2022 | $473,447 | $367,773 | $472,790 | IRS |
| 990 | June 2021 | – | – | – | 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 PALOS VERDES ESTATES FOUNDATION
- What is the EIN of PALOS VERDES ESTATES FOUNDATION?
- The employer identification number (EIN) of PALOS VERDES ESTATES FOUNDATION is 38-4135087.
- Is PALOS VERDES ESTATES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PALOS VERDES ESTATES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALOS VERDES ESTATES 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 PALOS VERDES ESTATES FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALOS VERDES ESTATES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PALOS VERDES ESTATES FOUNDATION?
- The 990 for the year ended June 30, 2025 names DAVID A MCGOWAN.
- Who are the officers and directors of PALOS VERDES ESTATES FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $50,000 (RENEE JACO, EXECUTIVE DIRECTOR).
- How much revenue does PALOS VERDES ESTATES FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $167,475, expenses of $404,662 and total assets of $388,748 at year end.
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