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Social Good Fund

Richmond, CA · EIN 46-1323531 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Social Good Fund reported $62.0 million in revenue and $70.7 million in expenses for calendar year 2024. Of every $100 it spent, $92.92 went to program services, $6.78 to management and general costs and $0.30 to fundraising. Its largest source of revenue was contributions and grants: 84.4% of the total. The highest compensation it reported for one person was $265,801 (PROJECT DIRECTOR). 49 people received more than $100,000 in reportable compensation. Revenue rose 111% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $71M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $62M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
84.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
12.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$265,801$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.38%1.28%
People paid over $100,000
Part VII, line 2
498
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.313.3
Independent voting board members
Part VI 1a–1b
2 of 3100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$56M expenses · 85.3% of program spending · grants $17M · revenue $55M

Fiscal sponsorship:sgf's main program is its fiscal sponsorship program. Sgf advances its exempt purposes by supporting both internal and external projects. Internal projects are fiscally sponsored, and the individuals with delegated authority to manage them (acting as agents of sgf) may also be associated with a party thatsubject to sgf's approvalhas the authority to spin off the internal project to another public charity. External projects are grantees of sgf; they are vetted before any grantmaking, are subject to a written grant agreement, and must provide regular reports to sgf for as…

$5.5M expenses · 8.4% of program spending · grants $4.2M · revenue $2.9M

Gift card bank:our gift card program provided gift card grants to other 501(c)(3) organizations for groceries, benefiting 300,000 people, including seniors, families, low-income individuals, people of color, people experiencing homelessness, native americans, and students in need

$3.1M expenses · 4.7% of program spending · grants $2.9M · revenue $248K

East oakland collective:the east oakland collective (eoc) is a member-based community organization dedicated to advancing racial and economic equity in deep east oakland. Through civic engagement, leadership development, and economic empowerment, eoc uplifts underserved residents and fosters long-term community resilience. Its programs focus on workforce training and skills development for formerly incarcerated individuals, people in court-mandated programs, low-income residents, and communities of color. Eoc also strengthens financial literacy to promote economic empowerment and…

$1.0M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PROJECT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$265,801$0$0$265,801
PROJECT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$209,058$0$0$209,058
PRESIDENT & ED
Director/trustee, officer, 40.00 hrs/week
$184,088$0$0$184,088
PROJECT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$172,152$0$0$172,152
PROJECT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$167,340$0$0$167,340
CHIEF OPERATING OFFICER
Officer, 40.00 hrs/week
$165,178$0$0$165,178
ED OF FISCAL SPONSORSHIP
Officer, 40.00 hrs/week
$157,997$0$0$157,997
PROJECT DIRECTOR
Highest compensated employee, 40.00 hrs/week
$150,481$0$0$150,481

49 people received more than $100,000 in reportable compensation from Social Good Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $735K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$62M$71M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$62M$71M92.9%$61M$265,801
2023 ⓘ$79M$84M90.3%$70M$269,573
2022 ⓘ$95M$84M95.8%$74M$289,801
2021 ⓘ$86M$70M96.4%$63M$273,378
2020 ⓘ$62M$34M94.6%$47M$205,256
2019 ⓘ$29M$23M94.6%$19M$200,103

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b3 · 2 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,009
  • Volunteers Part I, line 63,000

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
GLOWE GROUP
Legal services
$273,681
THE INTUITION CONSULTING FIRM LLC DBA AU
Marketing & outreach
$205,915
EVOLVE GROUP INC
Strategic planning
$138,269
WHOLE CONSULTING
Program development
$113,000
MAKE IT BETTER CONSULTING LLC
Strategic planning
$110,736

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

159 private foundations reported grants to Social Good Fund totaling $12M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Social Good Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Social Good Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of Social Good Fund's spending goes to programs?

In calendar year 2024, Social Good Fund reported that 92.9% of its $70.7 million in expenses went to program services, 6.8% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Social Good Fund pay its top executive?

The largest total compensation Social Good Fund reported for one person in calendar year 2024 was $265,801, for the role of PROJECT DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Social Good Fund get its money?

Of $62.0 million in revenue in calendar year 2024, 84.4% came from contributions and grants (including 2.3% from government grants) and 12.1% from program service revenue (Form 990, Part VIII).

Is Social Good Fund a registered charity?

The IRS lists EIN 46-1323531 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503219349326385 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423199349314532 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349316041 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349311437 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349324213 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023129349300762 · read the filing

All filings for EIN 46-1323531: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.