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Nonprofit · EIN 01-0679337

SAN FRANCISCO FOUNDATION

Tax-exempt · SAN FRANCISCO, CA 94111

Financials

$159.3M$212.5M2022$200M$236.3M2023$358.6M$254.7M2024
Revenue Expenses · by fiscal year end
Financials of SAN FRANCISCO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$358,598,652$254,652,764$103,945,888$1,921,030,669$120,595,190$1,800,435,479
June 30, 2024990$200,001,839$236,282,932-$36,281,093$1,736,547,510$121,289,179$1,615,258,331
June 30, 2023990$159,316,562$212,475,588-$53,159,026$1,718,316,930$109,375,684$1,608,941,246
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$229,420,001
Program service revenue
$0
Investment income
$129,128,871
Net gain from sales of assets
$100,306,564
Other revenue
$49,780

Expenses

Grants and similar amounts paid
$221,326,768
Compensation of officers, directors and key employees
$2,622,846
Other salaries and wages
$13,588,310
Salaries, compensation and benefits (total)
$20,340,494
Professional fundraising fees
$0
Legal fees
$153,144
Accounting fees
$204,135
Occupancy
$1,447,032
Travel
$249,126
Depreciation
$104,296
Program services (functional)
$242,136,730
Management and general (functional)
$9,000,262
Fundraising (functional)
$3,515,772

Balance sheet and other

Total assets, start of year
$1,736,547,510
Total assets, end of year
$1,921,030,669
Total liabilities, end of year
$120,595,190
Net assets, end of year
$1,800,435,479
Land, buildings and equipment
$134,669
Publicly traded securities
$1,461,813,594
Net assets without donor restrictions
$706,628,616
Net assets with donor restrictions
$1,093,806,863
Gross unrelated business income
$387,169
Gross receipts
$582,159,732
Employees
122
Volunteers
50
Year formed
1948
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
FRED BLACKWELLCEO
Officer
37.5$567,457$103,422
SONJA VELEZCFO
Officer
37.5$362,991$55,022
JUDITH BELLCIO
Key employee
37.5$321,806$75,339
VALERIE GOODECHIEF MARKETING OFFICER
Key employee
37.5$292,504$75,850
GALEN MANESSCOO
Officer
37.5$291,108$46,643
REHANA ABBASCPO
Key employee
37.5$292,503$33,442
RAQUIBA LABRIEVP, PROGRAMS
Highest-paid employee
37.5$243,419$44,676
KHANH RUSSOVP, POLICY/INNOVATION (THRU 6/5/25)
Highest-paid employee
37.5$243,419$38,226
AYANNA REEDVP, HR & ADMINISTRATION
Highest-paid employee
37.5$219,360$60,128
MICHAEL BANKERTCONTROLLER
Highest-paid employee
37.5$219,721$50,860
SENGSOUVANH S LESHNICKSR. DIR., STRATEGIC LEARNING & EVAL.
Highest-paid employee
37.5$201,421$63,827
ROBERT FRIEDMANCHAIR
Trustee or director, Officer
2$0$0
DAVID IBNALEVICE-CHAIR
Trustee or director, Officer
2$0$0
KIMBERLY WICOFFTRUSTEE (THRU 11/11/24)
Trustee or director
2$0$0
ABDI SOLTANITRUSTEE
Trustee or director
2$0$0
11 more people on this return
NameTitleHours / weekCompensation
SERGIO GARCIATRUSTEE
Trustee or director
2$0
YVETTE RADFORDTRUSTEE
Trustee or director
2$0
MOLLY FORDTRUSTEE
Trustee or director
2$0
JUSTINA LAITRUSTEE
Trustee or director
2$0
JUSTIN STEELETRUSTEE
Trustee or director
2$0
ROBERT UYEKITRUSTEE
Trustee or director
2$0
MIGUEL BUSTOSTRUSTEE
Trustee or director
2$0
HOLLY KERNANTRUSTEE
Trustee or director
2$0
LATEEFAH SIMONTRUSTEE (THRU 12/31/24)
Trustee or director
2$0
KIMBERLY BRANDONTRUSTEE
Trustee or director
2$0
PETER BRATTTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
FRED BLACKWELLCEO
Officer
37.5$496,241$96,435
SONJA VELEZCFO
Officer
37.5$335,566$47,482
JUDITH BELLCIO
Key employee
37.5$310,417$69,545
GALEN MANESSCOO
Officer
37.5$316,473$50,204
VALERIE GOODECHIEF MARKETING OFFICER
Key employee
37.5$271,168$73,615
REHANA ABBASCPO
Key employee
37.5$284,087$35,242
KHANH RUSSOVP OF POLICY & INNOVATION
Highest-paid employee
37.5$227,823$35,237
MICHAEL BANKERTCONTROLLER
Highest-paid employee
37.5$204,440$46,839
RAQUIBA LABRIEVP, PROGRAMS
Highest-paid employee
37.5$220,680$29,519
PAMELA DOHERTYSENIOR DIRECTOR OF PLANNED GIVING
Highest-paid employee
37.5$189,461$42,175
MARK DOHERTYSENIOR DIRECTOR OF INVESTMENTS
Highest-paid employee
37.5$189,631$23,498
ROBERT FRIEDMANCHAIR
Trustee or director, Officer
8$0$0
DAVID IBNALEVICE-CHAIR
Trustee or director, Officer
4$0$0
KIMBERLY WICOFFTRUSTEE
Trustee or director
2$0$0
ABDI SOLTANITRUSTEE
Trustee or director
2$0$0
SERGIO GARCIATRUSTEE
Trustee or director
2$0$0
YVETTE RADFORDTRUSTEE
Trustee or director
2$0$0
MOLLY FORDTRUSTEE
Trustee or director
2$0$0
JUSTINA LAITRUSTEE
Trustee or director
2$0$0
JUSTIN STEELETRUSTEE
Trustee or director
2$0$0
ROBERT UYEKITRUSTEE
Trustee or director
2$0$0
MIGUEL BUSTOSTRUSTEE
Trustee or director
2$0$0
HOLLY KERNANTRUSTEE
Trustee or director
2$0$0
LATEEFAH SIMONTRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
FRED BLACKWELLCEO
Officer
37.5$490,079$92,293
SONJA VELEZCFO
Officer
37.5$325,702$55,706
JUDITH BELLCIO
Key employee
37.5$303,739$66,230
GALEN MANESSCOO
Officer
37.5$301,718$47,954
VALERIE GOODECHIEF MARKETING OFFICER
Key employee
37.5$232,102$64,523
REHANA ABBASCPO
Key employee
37.5$282,860$11,018
KHANH RUSSOVP OF POLICY & INNOVATION
Highest-paid employee
37.5$217,811$63,664
PATRICK O'SULLIVANSENIOR DIRECTOR OF IT
Highest-paid employee
37.5$175,476$77,614
MICHAEL BANKERTCONTROLLER
Highest-paid employee
37.5$187,092$45,749
PAMELA DOHERTYSENIOR DIRECTOR OF GIFT PLANNING
Highest-paid employee
37.5$183,464$43,623
MARK DOHERTYSENIOR DIRECTOR OF INVESTMENTS
Highest-paid employee
37.5$182,065$22,956
OPHELIA BASGALCHAIR
Trustee or director, Officer
8$0$0
ROBERT FRIEDMANVICE-CHAIR
Trustee or director, Officer
4$0$0
DUNCAN ROBERTSONTRUSTEE (THRU 5/31/23)
Trustee or director
2$0$0
KIMBERLY WICOFFTRUSTEE
Trustee or director
2$0$0
ABDI SOLTANITRUSTEE
Trustee or director
2$0$0
DAVID IBNALETRUSTEE
Trustee or director
2$0$0
YVETTE RADFORDTRUSTEE
Trustee or director
2$0$0
MOLLY FORDTRUSTEE
Trustee or director
2$0$0
JUSTINA LAITRUSTEE
Trustee or director
2$0$0
JUSTIN STEELETRUSTEE
Trustee or director
2$0$0
BOB UYEKITRUSTEE
Trustee or director
2$0$0
MIGUEL BUSTOSTRUSTEE (START 1/1/23)
Trustee or director
2$0$0
HOLLY KERNANTRUSTEE (START 1/1/23)
Trustee or director
2$0$0
LATEEFAH SIMONTRUSTEE (START 1/1/23)
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1 EMBARCADERO CTR STE 1400, SAN FRANCISCO, CA 94111-3703
In care of
% MIKE BANKERT
Principal officer (990 for 2024)
FRED BLACKWELL, ONE EMBARCADERO CENTER SUITE 1400, SAN FRANCISCO, CA 94111
Signed the 990
SONJA VELEZ, CFO
Phone
(415) 733-8500
Return prepared by
HOOD & STRONG LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 01-0679337 or by the name SAN FRANCISCO FOUNDATION.

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

Mission

THE SAN FRANCISCO FOUNDATION MOBILIZES RESOURCES AND ACTS AS A CATALYST FOR CHANGE TO BUILD STRONG COMMUNITIES, FOSTER CIVIC LEADERSHIP, AND PROMOTE PHILANTHROPY.

990 for the year ended June 30, 2025

Program accomplishments

  • THROUGH THE GENEROSITY OF DONORS, PAST AND PRESENT, THE FOUNDATION FUNDS APPROXIMATELY 3,200 NON-PROFIT ORGANIZATIONS IN THE BAY AREA AND ACROSS THE COUNTRY EACH YEAR, WORKING ON A BROAD RANGE OF CHARITABLE PURPOSES IN RESPONSE TO THE EVER-CHANGING NEEDS OF OUR COMMUNITIES. WITH ITS PROGRAMMATIC GRANTMAKING, THE FOUNDATION WORKS TO ENSURE THAT ALL PEOPLE IN THE BAY AREA ARE ECONOMICALLY SECURE, ROOTED IN VIBRANT COMMUNITIES, AND HAVE A VOICE IN THE DECISIONS THAT IMPACT THEM.
    Expenses $242,136,730 · grants $221,326,768 · revenue $49,780

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
01-0679337
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
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,921,030,669
Income (IRS master file)
$582,159,732

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$358,598,652$254,652,764$1,921,030,669IRS
990-TJune 2025–––IRS
990June 2024$200,001,839$236,282,932$1,736,547,510IRS
990-TJune 2024–––IRS
990June 2023$159,316,562$212,475,588$1,718,316,930XML
990-TJune 2023–––IRS
990June 2022$297,436,709$270,104,827$1,634,801,767IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 01-0679337).

Questions about SAN FRANCISCO FOUNDATION

What is the EIN of SAN FRANCISCO FOUNDATION?
The employer identification number (EIN) of SAN FRANCISCO FOUNDATION is 01-0679337.
Is SAN FRANCISCO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to SAN FRANCISCO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAN FRANCISCO 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 SAN FRANCISCO FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAN FRANCISCO FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SAN FRANCISCO FOUNDATION?
The 990 for the year ended June 30, 2025 names FRED BLACKWELL.
Who are the officers and directors of SAN FRANCISCO FOUNDATION?
The 990 for the year ended June 30, 2025 lists 26 people; 11 received compensation from the organization, the highest $567,457 (FRED BLACKWELL, CEO).
How much revenue does SAN FRANCISCO FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $358,598,652, expenses of $254,652,764 and total assets of $1,921,030,669 at year end.

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