Nonprofit · EIN 81-0564400
LATINO COMMUNITY FOUNDATION
Tax-exempt · SAN FRANCISCO, CA 94104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,186,945 | $11,757,933 | $2,429,012 | $59,666,493 | $754,282 | $58,912,211 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,169,714
- of which government grants
- $1,000,000
- Program service revenue
- $0
- Investment income
- $2,008,254
- Net gain from sales of assets
- $595,909
- Other revenue
- $8,977
Expenses
- Grants and similar amounts paid
- $4,639,575
- Compensation of officers, directors and key employees
- $721,944
- Other salaries and wages
- $2,489,209
- Salaries, compensation and benefits (total)
- $3,929,796
- Professional fundraising fees
- $0
- Legal fees
- $4,684
- Accounting fees
- $209,301
- Occupancy
- $144,546
- Travel
- $252,111
- Depreciation
- $1,554
- Program services (functional)
- $9,996,213
- Management and general (functional)
- $1,005,734
- Fundraising (functional)
- $755,986
Balance sheet and other
- Total assets, start of year
- $54,554,268
- Total assets, end of year
- $59,666,493
- Total liabilities, end of year
- $754,282
- Net assets, end of year
- $58,912,211
- Publicly traded securities
- $46,588,568
- Net assets without donor restrictions
- $27,494,083
- Net assets with donor restrictions
- $31,418,128
- Gross receipts
- $33,695,275
- Employees
- 24
- Volunteers
- 62
- Year formed
- 1989
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JULIAN CASTRO | CHIEF EXECUTIVE OFFICER Officer | 40 | $398,261 | $37,321 |
| JACQUELINE MARTINEZ GARCEL | SR. ADV (THRU 6/30/24), FORMER CEO Former | 40 | $305,161 | $12,278 |
| MARIA ZAYAS CARNES | CHIEF FINANCIAL OFFICER Officer | 40 | $229,165 | $57,196 |
| MARCELA MUNIZ | SR. VP OF PHILANTHROPY Highest-paid employee | 40 | $185,388 | $47,059 |
| CHRISTIAN ARANA | VP OF CIVIC POWER AND POLICY Highest-paid employee | 40 | $195,784 | $26,693 |
| MAX VARGAS | VP OF ECONOMIC JUSTICE Highest-paid employee | 40 | $160,724 | $13,198 |
| DIANA OTERO | SR DIR OF STRAT P'SHIPS & INNOV Highest-paid employee | 40 | $158,359 | $11,410 |
| SAMANTHA SANDOVAL | SR DIR OF GRANTMAKING/SPECIAL PROJS Highest-paid employee | 40 | $137,668 | $18,822 |
| DANIEL SKAFF | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| HONORABLE LYDIA VILLARREAL | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| NORAMAY CADENA | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| FRED ALVAREZ | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| BEATRIZ ACEVEDO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| FRED BLACKWELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ZAC GUEVARA | TRUSTEE Trustee or director | 4 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SONIA BASSHEVA MANJON | TRUSTEE Trustee or director | 4 | $0 |
| MARISA MORET | TRUSTEE Trustee or director | 4 | $0 |
| HECTOR MUJICA | TRUSTEE Trustee or director | 2 | $0 |
| ANN O'LEARY | TRUSTEE Trustee or director | 2 | $0 |
| STACIE OLIVARES | TRUSTEE Trustee or director | 4 | $0 |
| JOSE ANTONIO RAMIREZ | TRUSTEE Trustee or director | 2 | $0 |
| CRISTINA TZINTZUN RAMIREZ | TRUSTEE Trustee or director | 2 | $0 |
| ANGELICA SALAS | TRUSTEE Trustee or director | 2 | $0 |
| STEVEN WOLFE PEREIRA | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 235 MONTGOMERY ST STE 704, SAN FRANCISCO, CA 94104-2910
- In care of
- % DIRECTOR OF FINANCE
- Principal officer (990 for 2024)
- JULIAN CASTRO, 235 MONTGOMERY STREET 1160, SAN FRANCISCO, CA 94104
- Signed the 990
- MARIA ZAYAS CARNES, CFO
- Phone
- (415) 236-4020
- Return prepared by
- HOOD & STRONG LLP
Mission
LCF EXISTS TO UNLEASH THE CIVIC AND ECONOMIC POWER OF LATINOS IN CALIFORNIA. LCF FULFILLS THE MISSION BY BUILDING A MOVEMENT OF CRITICALLY ENGAGED PHILANTHROPIC LEADERS, INVESTING IN LATINO-LED ORGS, AND INCREASING CIVIC PARTICIPATION OF LATINOS IN CALIFORNIA.
Program accomplishments
- BUILDING CIVIC POWER: LATINO POWER FUND PROGRAMS AND GRANTMAKING THAT INCREASE INVESTMENTS INTO GRASSROOT ORGANIZATIONS ROOTED IN LATINO COMMUNITIES WORKING TO PROMOTE CIVIC ENGAGEMENT AMONG LATINOS AND PROMOTE THE EQUITABLE DISTRIBUTION OF AMERICAN RESCUE PLAN FUNDS. IN 2024, LCF LAUNCHED THE FOURTH COHORT OF ITS LATINO NONPROFIT ACCELERATOR, CULMINATED ITS FIRST COHORT OF THE REST IS POWER SABBATICAL PROGRAM FOR GRASSROOT LEADERS, AND CULMINATED THE FIRST PHASE OF THE PODERARTE INITIATIVE TO PROMOTE ART AND CULTURE AS A VEHICLE TO PROMOTE CIVIC ENGAGEMENT AND SOCIAL CHANGE. LCF PARTNERSHIPS AND NONPARTISAN ACTIVATIONS ALSO MOBILIZED THOUSANDS OF VOTERS IN LATINO COMMUNITIES ACROSS CALIFORNIA, NEVADA, AND ARIZONA. AS PART OF LCF'S MISSION, LCF MANAGES THE LATINO GIVING CIRCLE NETWORK (LGCN) TO INSPIRE PHILANTHROPY FOR THE BENEFIT OF LATINO COMMUNITIES. LCF HAS CREATED THIS NETWORK OF PHILANTHROPISTS AS A PLATFORM FOR LATINO LEADERS TO INCREASE THEIR CIVIC ENGAGEMENT. AS OF DECEMBER 31, 2024, THERE WERE 19 LGCN GIVING CIRCLES WITH 347 MEMBERS.Expenses $6,723,269 · grants $2,611,575 · revenue $8,977
- BUILDING ECONOMIC POWER PROGRAMS AND GRANTMAKING THAT INCREASE OPPORTUNITIES FOR ECONOMIC MOBILITY AND GROWTH IN LATINO COMMUNITIES. IN 2024, LCF'S ECONOMIC POWER BUILDING WORK FOCUSED ON INCREASING ACCESS TO CAPITAL FOR ENTREPRENEURS, ESTABLISHING NEW COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS, INVESTMENTS IN LATINA ENTREPRENEURS, AND SUPPORT FOR STATE EFFORTS TO PLACE LATINOS IN HIGHER-PAYING JOBS ACROSS CALIFORNIA. THESE EFFORTS INCLUDE THE LAUNCH OF LCF'S LATINO CAPITAL ACCELERATOR PROGRAM. IN 2024, LCF CO-LAUNCHED ACTIVATE IMPERIAL, A PUBLIC-PRIVATE INITIATIVE DESIGNED TO HELP CALIFORNIA'S IMPERIAL VALLEY ACCESS AND GUIDE INCOMING FEDERAL AND STATE CLEAN ENERGY INVESTMENTS. LCF PARTNERSHIPS ALSO LEVERAGED FEDERAL AND STATE RESOURCES TO SUPPORT LATINO ENTREPRENEURS AND SMALL BUSINESSES.Expenses $2,973,768 · grants $1,798,000
- RAPID RESPONSE INITIATIVES THAT SUPPORT CALIFORNIA NONPROFITS ON THE FRONTLINES OF SERVING, SUPPORTING, OR ADVOCATING FOR LATINO FAMILIES AND COMMUNITIES AFFECTED BY DISASTERS. IN 2024, LCF'S INVESTMENTS SUPPORTED COMMUNITIES DEALING WITH ACTIVE DISASTERS AS WELL AS THOSE ENGAGED IN LONG-TERM RECOVERY EFFORTS.Expenses $299,176 · grants $230,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0564400
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P11)
- Assets (IRS master file)
- $59,666,493
- Income (IRS master file)
- $33,695,275
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $24,197,968 | $12,554,062 | $54,554,268 | IRS |
| 990 | December 2022 | $26,130,512 | $10,526,822 | $40,505,366 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 LATINO COMMUNITY FOUNDATION
- What is the EIN of LATINO COMMUNITY FOUNDATION?
- The employer identification number (EIN) of LATINO COMMUNITY FOUNDATION is 81-0564400.
- Is LATINO COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LATINO COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LATINO COMMUNITY 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 LATINO COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LATINO COMMUNITY 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 LATINO COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names JULIAN CASTRO.
- Who are the officers and directors of LATINO COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 24 people; 8 received compensation from the organization, the highest $398,261 (JULIAN CASTRO, CHIEF EXECUTIVE OFFICER).
- How much revenue does LATINO COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,186,945, expenses of $11,757,933 and total assets of $59,666,493 at year end.
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