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Nonprofit · EIN 94-2891517

SACRAMENTO REGION COMMUNITY FOUNDATION

Tax-exempt · SACRAMENTO, CA 95825

Financials

$65.8M$31.1M2023$46.8M$34.9M2024
Revenue Expenses · by fiscal year end
Financials of SACRAMENTO REGION COMMUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$46,788,100$34,853,838$11,934,262$257,273,503$12,239,133$245,034,370
December 31, 2023990$65,791,697$31,140,634$34,651,063$222,642,438$8,685,290$213,957,148
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$41,069,898
of which government grants
$319,787
Program service revenue
$136,180
Investment income
$5,561,409
Net gain from sales of assets
$697,198
Other revenue
$20,613

Expenses

Grants and similar amounts paid
$27,125,421
Compensation of officers, directors and key employees
$476,526
Other salaries and wages
$1,391,020
Salaries, compensation and benefits (total)
$2,255,402
Professional fundraising fees
$0
Legal fees
$26,985
Accounting fees
$134,155
Occupancy
$127,075
Depreciation
$36,183
Program services (functional)
$30,247,899
Management and general (functional)
$3,563,971
Fundraising (functional)
$1,041,968

Balance sheet and other

Total assets, start of year
$222,642,438
Total assets, end of year
$257,273,503
Total liabilities, end of year
$12,239,133
Net assets, end of year
$245,034,370
Land, buildings and equipment
$2,048,815
Publicly traded securities
$246,890,954
Net assets without donor restrictions
$238,361,121
Net assets with donor restrictions
$6,673,249
Gross unrelated business income
$148,773
Gross receipts
$50,985,283
Employees
20
Volunteers
50
Year formed
1983
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 / weekCompensationOther / benefits
Kerry WoodCEO
Officer
40$282,400$21,412
Nakisha NesmithChief Impact Offic40$172,481$19,337
Naomi WilsonCFO
Officer
40$152,360$20,354
Kelly SkiefkinChief Philanthropy40$150,133$16,516
Chelsea FahrPhilanthropy Direc40$103,083$0
Kate StilleBoard Director
Trustee or director
1$0$0
Kathy McKimChair
Trustee or director, Officer
2$0$0
Garry MaiselVice Chair
Trustee or director, Officer
1$0$0
Cassandra Walker PyeSecretary
Trustee or director, Officer
1$0$0
Jonathan LedererTreasurer
Trustee or director, Officer
1$0$0
Bret HewittBoard Director
Trustee or director
1$0$0
Kwame AnkuBoard Director
Trustee or director
1$0$0
Gordon FowlerBoard Director
Trustee or director
1$0$0
Renee Nunes TaylorBoard Director
Trustee or director
1$0$0
Scott SyphaxSecretary
Trustee or director, Officer
1$0$0
5 more people on this return
NameTitleHours / weekCompensation
Steven WeissBoard Director
Trustee or director
1$0
Kate WillcoxBoard Director
Trustee or director
1$0
Angela DePaoliBoard Director
Trustee or director
1$0
Matthew JacobsBoard Director
Trustee or director
1$0
Vince SalesBoard Director
Trustee or director
1$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
Kerry WoodCEO
Officer
40$245,600$19,648
Edward HarrisCFO
Officer
40$168,000$14,334
Nakisha NesmithChief Impact Offic40$164,296$13,144
Kelly SkiefkinChief Philanthropy40$120,165$0
Naomi WilsonCFO
Officer
40$86,804$5,313
Kate StilleBoard Director
Trustee or director
1$0$0
Kathy McKimChair
Trustee or director, Officer
2$0$0
Garry MaiselVice Chair
Trustee or director, Officer
1$0$0
Cassandra Walker PyeSecretary
Trustee or director, Officer
1$0$0
Jonathan LedererTreasurer
Trustee or director, Officer
1$0$0
Karen BakerBoard Director
Trustee or director
1$0$0
Elaine Abelaye-MateoBoard Director
Trustee or director
1$0$0
Bret HewittBoard Director
Trustee or director
1$0$0
Kwame AnkuBoard Director
Trustee or director
1$0$0
Gordon FowlerBoard Director
Trustee or director
1$0$0
William NiemiBoard Director
Trustee or director
1$0$0
Renee Nunes TaylorBoard Director
Trustee or director
1$0$0
Scott SyphaxBoard Director
Trustee or director
1$0$0
Steven WeissBoard Director
Trustee or director
1$0$0
Kate WillcoxBoard Director
Trustee or director
1$0$0
Angela DePaoliBoard Director
Trustee or director
1$0$0
Matthew JacobsBoard Director
Trustee or director
1$0$0
Vince SalesBoard Director
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
955 UNIVERSITY AVE STE A, SACRAMENTO, CA 95825-6735
Principal officer (990 for 2024)
Kerry Wood, 955 University Avenue Suite A, Sacramento, CA 95825
Signed the 990
Naomi Wilson, CFO
Phone
(916) 921-7723
Return prepared by
Beebout Williams & Olds CPAs

California records

California keeps its own records of charities and corporations. Search them by EIN 94-2891517 or by the name SACRAMENTO REGION COMMUNITY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The Sacramento Region Community Foundation leads, serves, and inspires enduring philanthropy for a just and vibrant Sacramento region.

990 for the year ended December 31, 2024

Program accomplishments

  • Donor Advised and Unrestricted Grantmaking: Since the Sacramento Region Community Foundation was founded in 1983 by local leaders, we have been a primary provider of philanthropic services. Like other place-based community foundations across the United States and around the world, the Foundation promotes philanthropy that is visionary, strategic, and inclusive, making it a catalyst for transforming the region. The Foundation manages hundreds of charitable funds for local families, businesses, and nonprofits. Thanks to the generosity of its donors who are pivotal partners in its work to transform and enrich California's capital region, the Foundations annual grant awards to nonprofit organizations from its charitable funds have grown from over $272,000 in 1983 to over $13 million in 2024.(Continued on Schedule O)
    Expenses $18,248,766 · grants $15,268,661 · revenue $20,837,588
  • Expanding Philanthropy and the Social Economy: This Strategic Initiative leads to a more generous region by promoting individual philanthropy through such activities as Big Day of Giving and the GivingEdge regional nonprofit database, creating stronger nonprofits through leadership development, donor stewardship and fundraising, and advancing collaboration among nonprofit organizations. For example, Big Day of Giving, the annual giving day that has generated more than $100 million from generous donors for hundreds of local nonprofits since its inception in 2013, is a yearlong, communitywide movement to make philanthropy accessible to everyone in the capital region. In 2024, the Foundation provided robust training and collaboration opportunities to over 800 participating nonprofits.(Continued on Schedule O)
    Expenses $9,766,016 · grants $9,303,776 · revenue $8,885,138
  • The Foundation manages over 50 scholarship funds, which were established by local individuals, families, businesses, and organizations. Our scholarships provide tuition assistance and recognition to local students as they strive to achieve a wide range of goals through the pursuit of higher education.Each scholarship fund has its own unique criteria for selecting recipients, including academic achievement, financial need, educational and career goals, and community involvement. Annual scholarship awards range from $500 to $10,000 and may be used for accredited academic and vocational training programs. In 2024, the Foundation awarded over $1 million to more than 400 students.
    Expenses $1,714,615 · grants $553,355 · revenue $969,687
  • Leadership Statement: Together with our fundholders, the Foundation is proud to elevate philanthropy and its impact in our region. For over 40 years, the Foundation has helped our collective giving make the greatest positive impact throughout the four counties we serve: El Dorado, Placer, Sacramento, and Yolo. We do this by focusing on the underlying causes of local challenges, seeking solutions with lasting results, and supporting the organizations that tend to the vital needs of the capital area -- after all, creating the conditions for meaningful transformation is our specialty at the Foundation. With your support, the Foundation is proud to elevate philanthropy and its impact in our region. If you believe as we do that working together to forge upstream solutions is the best way to strengthen our region, join our work and learn more at www.sacregcf.org.
    Expenses $518,502 · grants $318,500 · revenue $540,278

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-2891517
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
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$257,273,503
Income (IRS master file)
$50,985,283

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$46,788,100$34,853,838$257,273,503IRS
990-TDecember 2024–––IRS
990December 2023$65,791,697$31,140,634$222,642,438XML
990-TDecember 2023–––IRS
990December 2022$28,856,627$31,406,465$171,123,142IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 94-2891517).

Questions about SACRAMENTO REGION COMMUNITY FOUNDATION

What is the EIN of SACRAMENTO REGION COMMUNITY FOUNDATION?
The employer identification number (EIN) of SACRAMENTO REGION COMMUNITY FOUNDATION is 94-2891517.
Is SACRAMENTO REGION COMMUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to SACRAMENTO REGION COMMUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SACRAMENTO REGION 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 SACRAMENTO REGION 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 SACRAMENTO REGION 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 SACRAMENTO REGION COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 names Kerry Wood.
Who are the officers and directors of SACRAMENTO REGION COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 20 people; 5 received compensation from the organization, the highest $282,400 (Kerry Wood, CEO).
How much revenue does SACRAMENTO REGION COMMUNITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $46,788,100, expenses of $34,853,838 and total assets of $257,273,503 at year end.

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