Nonprofit · EIN 94-2686530
HORIZONS FOUNDATION
Tax-exempt · SAN FRANCISCO, CA 94104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $15,389,233 | $12,353,681 | $3,035,552 | $70,643,289 | $1,793,234 | $68,850,055 |
| June 30, 2024 | 990 | $25,055,419 | $9,827,771 | $15,227,648 | $66,794,950 | $2,414,182 | $64,380,768 |
| June 30, 2023 | 990 | $12,037,083 | $10,018,560 | $2,018,523 | $48,901,651 | $1,831,454 | $47,070,197 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,398,700
- of which government grants
- $986,684
- Program service revenue
- $100
- Investment income
- $3,275,219
- Net gain from sales of assets
- $1,209,621
- Net income from fundraising events
- -$296,804
- Other revenue
- -$284,786
Expenses
- Grants and similar amounts paid
- $8,494,628
- Compensation of officers, directors and key employees
- $729,315
- Other salaries and wages
- $939,286
- Salaries, compensation and benefits (total)
- $1,936,296
- Professional fundraising fees
- $0
- Legal fees
- $18,145
- Accounting fees
- $29,693
- Travel
- $66,232
- Program services (functional)
- $11,020,684
- Management and general (functional)
- $613,672
- Fundraising (functional)
- $719,325
Balance sheet and other
- Total assets, start of year
- $66,794,950
- Total assets, end of year
- $70,643,289
- Total liabilities, end of year
- $1,793,234
- Net assets, end of year
- $68,850,055
- Land, buildings and equipment
- $73,648
- Net assets without donor restrictions
- $48,513,504
- Net assets with donor restrictions
- $20,336,551
- Gross receipts
- $24,713,624
- Employees
- 18
- Volunteers
- 50
- Year formed
- 1980
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Roger Doughty | President Officer | 40 | $282,414 | $38,546 |
| Francisco Buchting | VP of Grants, Programs & S Key employee | 40 | $178,103 | $25,339 |
| Henry Pacheco | Director of Philanthropic Highest-paid employee | 40 | $126,238 | $21,778 |
| John Marvuglio | CFO (AUG-JAN)/Dir. of Fin. (APR-Present) Officer | 40 | $138,708 | $2,547 |
| Tracy Evans | Chief Philanthropic Office Until Sept 24 Highest-paid employee | 40 | $131,788 | $5,491 |
| Joshua Delfin | Senior Program Officer Highest-paid employee | 40 | $117,940 | $18,312 |
| Jennifer Cates | Events Manager Highest-paid employee | 40 | $106,499 | $8,072 |
| Jeffrey Jenkins | CFO (JUL) Officer | 40 | $46,606 | $0 |
| Amie Haiz | CFO (DEC-Present) Officer | 40 | $15,833 | $1,218 |
| Dipti Ghosh | Co-Chair Trustee or director, Officer | 5 | $0 | $0 |
| Shilpen Patel | Co-Chair Trustee or director, Officer | 5 | $0 | $0 |
| Maya Setchkova | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| Juan Barani | Secretary Trustee or director, Officer | 5 | $0 | $0 |
| Kathryn Clubb | Director Trustee or director | 5 | $0 | $0 |
| Jonathan Deason | Director Trustee or director | 5 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frank Duff | Director Trustee or director | 5 | $0 |
| Nadir Joshua | Director Trustee or director | 5 | $0 |
| Chris Lim | Director Trustee or director | 5 | $0 |
| Jacob Little | Director Trustee or director | 5 | $0 |
| Melisa Marquez | Director Trustee or director | 5 | $0 |
| Tim Murray | Director Trustee or director | 5 | $0 |
| Tim Patriarca | Director Trustee or director | 5 | $0 |
| Kathleen Quenneville | Director Trustee or director | 5 | $0 |
| Linda Scaparotti | Director Trustee or director | 5 | $0 |
| Jane Swan | Director Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Roger Doughty | President Officer | 40 | $273,805 | $39,131 |
| John Marvuglio | CFO Officer | 40 | $184,978 | $15,947 |
| Francisco Buchting | VP of Grants, Programs & S Key employee | 40 | $173,152 | $27,331 |
| Henry Pacheco | Director of Philanthropic Services Highest-paid employee | 40 | $125,911 | $9,953 |
| Candace Lopez | Chief Philanthropic Office Highest-paid employee | 40 | $101,817 | $0 |
| Tim Murray | Co-Chair Trustee or director, Officer | 5 | $0 | $0 |
| Dipti Ghosh | Co-Chair Trustee or director, Officer | 5 | $0 | $0 |
| Maya Setchkova | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| Juan Barani | Secretary Trustee or director, Officer | 5 | $0 | $0 |
| Kathryn Clubb | Director Trustee or director | 5 | $0 | $0 |
| Jonathan Deason | Director Trustee or director | 5 | $0 | $0 |
| Chris Lim | Director Trustee or director | 5 | $0 | $0 |
| Jacob Little | Director Trustee or director | 5 | $0 | $0 |
| Melisa Marquez | Director Trustee or director | 5 | $0 | $0 |
| Shilpen Patel | Director Trustee or director | 5 | $0 | $0 |
| Linda Scaparotti | Director Trustee or director | 5 | $0 | $0 |
| Jane Swan | Director Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROGER DOUGHTY | PRESIDENT Officer | 40 | $250,050 | $35,613 |
| JOHN MARVUGLIO | CFO Officer | 40 | $184,859 | $16,382 |
| FRANCISCO BUCHTING | VP OF GRANTS, PROGRAMS & STRATEGIC INITIATIVES Key employee | 40 | $168,950 | $25,565 |
| CANDACE LOPEZ | CHIEF PHILANTHROPIC OFFICER Key employee | 40 | $153,250 | $7,524 |
| HENRY PACHECO | DIRECTOR OF PHILANTHROPIC SERVICES Highest-paid employee | 40 | $112,933 | $9,137 |
| CURTIS PARKER | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $107,455 | $9,933 |
| TIM MURRAY | CO-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| DIPTI GHOSH | CO-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ADAM BLUM | CHAIR EMERITUS Trustee or director | 5 | $0 | $0 |
| MAYA SETCHKOVA | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JAE MALDONADO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| XOCHITL CARRION | DIRECTOR Trustee or director | 5 | $0 | $0 |
| KATHRYN CLUBB | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JUAN BARANI | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| SHILPEN PATEL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LINDA SCAPAROTTI | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MELISA MARQUEZ | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JANE SWAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JACOB LITTLE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CHRIS LIM | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 155 SANSOME ST STE 650, SAN FRANCISCO, CA 94104-3605
- Principal officer (990 for 2024)
- Roger Doughty, 155 Sansome Street Suite 650, San Francisco, CA 94104
- Signed the 990
- Roger Doughty, President
- Phone
- (415) 398-2333
- Website
- www.horizonsfoundation.org
- Return prepared by
- Aprio Advisory Group LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2686530 or by the name HORIZONS FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
For 45 years, Horizons' mission has been to support nonprofits serving and advocating for the LGBTQ community through grantmaking and programs; to increase philanthropic giving to LGBTQ causes; and to secure the community's long-term future for generations to come through legacy gifts from LGBTQ people across the community. While much of Horizons' grantmaking and programs focus on our San Francisco Bay Area home, multiple Horizons' initiatives and funds drive impact on LGBTQ issues of national and international concern.
Program accomplishments
- Grantmaking: 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 as more established LGBTQ institutions. Millions of additional grant dollars were generated from donor-advised, field-of-interest, and scholarship funds, as well as a groundbreaking multi-year initiative to support nonprofits focused on transgender people of color. Grants ranged from $100 to $200,000 and provided LGBTQ and allied nonprofits with both operating support and project support. In addition, Horizons supported a continuing opportunity for executive directors of LGBTQ organizations to receive on-going support in their challenging roles.Expenses $10,264,568 · grants $8,479,628
- 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 philanthropic goals and develop giving strategies for both life-time and legacy gifts; (C) The foundation also built philanthropy by convening and working with scores of financial and legal advisors serving the LGBTQ community in the San Francisco Bay Area; and (D) The Foundation led innovative research and testing efforts to strengthen the fundraising capabilities of LGBTQ nonprofits in the Bay Area and across the country.Expenses $686,173 · grants $15,000 · revenue $100
- 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 almost entirely through estate gifts, and more than 380 people have informed Horizons that the foundation is included in their estates. On a national level, Horizons continued to lead development of the groundbreaking National LGBTQ Legacy Giving Initiative. This visionary and unprecedented initiative is helping other LGBTQ communities across the country also realize the opportunity in legacy giving.Expenses $69,943
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2686530
- 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
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50Z)
- Assets (IRS master file)
- $70,643,289
- Income (IRS master file)
- $24,713,624
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $15,389,233 | $12,353,681 | $70,643,289 | IRS |
| 990 | June 2024 | $25,055,419 | $9,827,771 | $66,794,950 | IRS |
| 990 | June 2023 | $12,037,083 | $10,018,560 | $48,901,651 | XML |
| 990 | June 2022 | $19,242,544 | $9,647,363 | $46,250,238 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | December 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 94-2686530).
Questions about HORIZONS FOUNDATION
- What is the EIN of HORIZONS FOUNDATION?
- The employer identification number (EIN) of HORIZONS FOUNDATION is 94-2686530.
- Is HORIZONS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to HORIZONS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HORIZONS 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 HORIZONS 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 HORIZONS 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 HORIZONS FOUNDATION?
- The 990 for the year ended June 30, 2025 names Roger Doughty.
- Who are the officers and directors of HORIZONS FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 25 people; 9 received compensation from the organization, the highest $282,414 (Roger Doughty, President).
- How much revenue does HORIZONS FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $15,389,233, expenses of $12,353,681 and total assets of $70,643,289 at year end.
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