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Latino Community Foundation

San Francisco, CA · EIN 81-0564400 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Latino Community Foundation reported $14.2 million in revenue and $11.8 million in expenses for calendar year 2024. Of every $100 it spent, $85.02 went to program services, $8.55 to management and general costs and $6.43 to fundraising. Its largest source of revenue was contributions and grants: 85.8% of the total. Government grants made up 7.0%. The highest compensation it reported for one person was $435,582 (CHIEF EXECUTIVE OFFICER). 16 people received more than $100,000 in reportable compensation. Revenue rose 183% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 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 $14M

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

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.0%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
8.6%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.4%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
85.8%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
7.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$435,582$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.70%1.18%
People paid over $100,000
Part VII, line 2
166
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
60.16.9
Independent voting board members
Part VI 1a–1b
14 of 14100.0%

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
$6.7M expenses · 67.3% of program spending · grants $2.6M · revenue $8,977

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…

$3.0M expenses · 29.7% of program spending · grants $1.8M

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…

$299K expenses · 3.0% of program spending · grants $230K

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

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
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$398,261$0$37,321$435,582
SR. ADV (THRU 6/30/24), FORMER CEO
Former, 40.00 hrs/week
$305,161$0$12,278$317,439
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$229,165$0$57,196$286,361
SR. VP OF PHILANTHROPY
Highest compensated employee, 40.00 hrs/week
$185,388$0$47,059$232,447
VP OF CIVIC POWER AND POLICY
Highest compensated employee, 40.00 hrs/week
$195,784$0$26,693$222,477
VP OF ECONOMIC JUSTICE
Highest compensated employee, 40.00 hrs/week
$160,724$0$13,198$173,922
SR DIR OF STRAT P'SHIPS & INNOV
Highest compensated employee, 40.00 hrs/week
$158,359$0$11,410$169,769
SR DIR OF GRANTMAKING/SPECIAL PROJS
Highest compensated employee, 40.00 hrs/week
$137,668$0$18,822$156,490

16 people received more than $100,000 in reportable compensation from Latino Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $722K (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$10M$20M$30M$40M201920202021202220232024$14M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$12M85.0%$59M$435,582
2023 ⓘ$24M$13M87.9%$54M$471,397
2022 ⓘ$26M$11M91.6%$39M$385,089
2021 ⓘ$20M$8.6M91.9%$24M$298,207
2020 ⓘ$16M$7.9M88.8%$13M$297,884
2019 ⓘ$5.0M$4.6M83.4%$5.2M$281,970

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–1b14 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • 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 14bNo
  • Employees Part I, line 524
  • Volunteers Part I, line 662

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
SSI US INC
Recruiting and hr consulting services
$410,428
ARMANINO ADVISORY LLC
Accounting services
$206,214
BARRETO SEGURA PARTNERS RESEARCH
Polling services
$198,400
THE RABEN GROUP LLC
Communication services, shared space
$105,865

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

15 private foundations reported grants to Latino Community Foundation totaling $11M 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 Latino Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Latino Community Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in California

Questions people ask

How much of Latino Community Foundation's spending goes to programs?

In calendar year 2024, Latino Community Foundation reported that 85.0% of its $11.8 million in expenses went to program services, 8.6% to management and general and 6.4% to fundraising (Form 990, Part IX).

How much does Latino Community Foundation pay its top executive?

The largest total compensation Latino Community Foundation reported for one person in calendar year 2024 was $435,582, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Latino Community Foundation get its money?

Of $14.2 million in revenue in calendar year 2024, 85.8% came from contributions and grants (including 7.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Latino Community Foundation a registered charity?

The IRS lists EIN 81-0564400 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202523179349306852 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433189349302653 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349305361 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349307151 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103169349304225 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033189349304458 · read the filing

All filings for EIN 81-0564400: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.