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Horizons Foundation
Horizons Foundation reported $15.4 million in revenue and $12.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.21 went to program services, $4.97 to management and general costs and $5.82 to fundraising. Its largest source of revenue was contributions and grants: 80.6% of the total. Government grants made up 6.4%. The highest compensation it reported for one person was $320,960 (President). 9 people received more than $100,000 in reportable compensation. Revenue rose 87% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15M- Contributions & grants (non-government)$72.81 $11M
- Government grants$6.29 $987K
- Program service revenue$0.00 $100
- Investment income$20.90 $3.3M
Other revenue was negative: −$285K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.2% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.0% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.8% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 80.6% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.4% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $320,960 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.60% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 9 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 66.9 | 9.2 |
| Independent voting board members Part VI 1a–1b | 16 of 16 | 100.0% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseGrantmaking: Horizons Foundation provided direct financial support to nonprofit organizations through 1,561 grants to 792 organizations totaling $8,494,628 in 2025. Grants addressed multiple issues and populations related to the LGBTQ community, including health, HIV/AIDS, youth, arts, elders, communities of color, transgender rights, community building, and civil and human rights in the San Francisco Bay Area, other parts of the United States, and the world. In keeping with Horizons' values, grants supported both smaller, more grassroots organizations that few foundations will fund as well…
Promoting Philanthropy: A lack of financial resources has long limited the capacity of nonprofit organizations to meet the varied and serious needs of the LGBTQ community, both in the Bay Area and beyond. Horizons is committed to bridging this gap not only through grantmaking but also by increasing community giving. This work included: (A) Horizons promoted giving by LGBTQ people for LGBTQ causes by offering expert seminars to educate donors and the LGBTQ community about current issues, giving strategies, and funding opportunities; (B) Horizons worked with individual donors to define their…
Securing the LGBTQ Future: There is an immense opportunity to bring additional financial resources to the LGBTQ community through legacy giving (giving from donors' estates). Horizons has long been a regional and national leader in efforts to realize this opportunity. In the Bay Area, the foundation continually promoted legacy giving as a way for donors - larger or smaller - to have profound impact through a legacy gift. We also continued to build the LGBTQ Community Endowment Fund to provide permanent resources for promoting rights and well-being of LGBTQ people. The Endowment is being built…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Officer, 40.00 hrs/week | $282,414 | $0 | $38,546 | $320,960 |
| VP of Grants, Programs & S Key employee, 40.00 hrs/week | $178,103 | $0 | $25,339 | $203,442 |
| Director of Philanthropic Highest compensated employee, 40.00 hrs/week | $126,238 | $0 | $21,778 | $148,016 |
| CFO (AUG-JAN)/Dir. of Fin. (APR-Present) Officer, 40.00 hrs/week | $138,708 | $0 | $2,547 | $141,255 |
| Chief Philanthropic Office Until Sept 24 Highest compensated employee, 40.00 hrs/week | $131,788 | $0 | $5,491 | $137,279 |
| Senior Program Officer Highest compensated employee, 40.00 hrs/week | $117,940 | $0 | $18,312 | $136,252 |
| Events Manager Highest compensated employee, 40.00 hrs/week | $106,499 | $0 | $8,072 | $114,571 |
| CFO (JUL) Officer, 40.00 hrs/week | $46,606 | $0 | $0 | $46,606 |
9 people received more than $100,000 in reportable compensation from Horizons Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $729K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b16 · 16 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 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 518
- Volunteers Part I, line 650
Private foundation grants it received
7 private foundations reported grants to Horizons Foundation totaling $1.2M 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 Horizons 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 Horizons Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Horizons Foundation spent in FY2025, $89.21 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- National Association for Latino Community Asset BuildersSan Antonio, TX · revenue $15M · programs 72.4% · 2024
- Imagine EnterprisesSeabrook, TX · revenue $15M · programs 97.5% · 2024
- Salesmanship Club of DallasDallas, TX · revenue $15M · programs 95.5% · FY2025
- South Central Workforce Development CouncilUnion Gap, WA · revenue $15M · programs 97.0% · FY2025
- Massachusetts Manufacturing Extension PartnershipAuburn, MA · revenue $15M · programs 82.4% · FY2025
All community improvement & capacity building charities · Largest charities in California
Questions people ask
How much of Horizons Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Horizons Foundation reported that 89.2% of its $12.4 million in expenses went to program services, 5.0% to management and general and 5.8% to fundraising (Form 990, Part IX).
How much does Horizons Foundation pay its top executive?
The largest total compensation Horizons Foundation reported for one person in the fiscal year ending June 30, 2025 was $320,960, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Horizons Foundation get its money?
Of $15.4 million in revenue in the fiscal year ending June 30, 2025, 80.6% came from contributions and grants (including 6.4% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Horizons Foundation a registered charity?
The IRS lists EIN 94-2686530 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
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631299349301003 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349317122 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349305078 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202312859349300706 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231349349301918 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349304162 · read the filing
All filings for EIN 94-2686530: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.