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Mcf Gift Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680477815 ✦ Novato, CA ✦ Designated as a 501(c)(3)

Overview

What is Mcf Gift Fund Inc?

McF Gift Fund Inc is a California-based, non-profit public benefit corporation established to support the Marin Community Foundation (MCF) by accepting charitable contributions. The organization, located at 5 Hamilton Landing 200 in Novato, California (CA, ZIP code 94949), focuses on making grants to MCF in accordance with its mission once the assets have been liquidated. In essence, McF Gift Fund Inc acts as a conduit for donations to benefit MCF and its initiatives.


Official website here: www.none

Is Mcf Gift Fund Inc legitimate?

Mcf Gift Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcf Gift Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.none

What is the mission statement of Mcf Gift Fund Inc?

McF Gift Fund Inc, a California-based non-profit organization, functions as a supporting entity of the Marin Community Foundation. It engages in charitable grantmaking to further the mission of the Marin Community Foundation. The McF Gift Fund accepts charitable donations, which will be granted to the Marin Community Foundation to execute its charitable objectives as soon as the assets have been liquidated. The organization's philanthropic activities support various causes and initiatives aligned with the Marin Community Foundation's mission.


Official website here: www.none

Who is the CEO of Mcf Gift Fund Inc?

Rhea Suh is the President & Ceo of Mcf Gift Fund Inc. The CEO's salary of Mcf Gift Fund Inc is $0 and their total compensation is $189,353.


Official website here: www.none

What is the revenue of Mcf Gift Fund Inc?

Mcf Gift Fund Inc's revenue in 2022 was $53,478,736.


Official website here: www.none

Who are the executives of Mcf Gift Fund Inc and what are their salaries?

Here are 14 key members and their salaries (Mcf Gift Fund Inc's CEO's salary is $0 and their total compensation is $189,353):

    Thomas Peters (President & Ceo (Left 09/21))
  • Compensation: $0
  • Related: $559,072
  • Other: $76,294

    • Sa Hartman (Cfo)
  • Compensation: $0
  • Related: $394,129
  • Other: $73,364

    • Rhea Suh (President & Ceo)
  • Compensation: $0
  • Related: $185,006
  • Other: $4,347

    • Ashley Smith (Secretary)
  • Compensation: $0
  • Related: $112,135
  • Other: $48,961

    • Mark Buell (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Bancroft (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Cohen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Hamilton (Board Member (Left 11/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saul Pena (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert J Reynolds (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roxanne Richards (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Sedonaen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dainiel Skaff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Wetherby (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Mcf Gift Fund Inc?

    The Mcf Gift Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Mcf Gift Fund Inc

    McF Gift Fund Inc, as a supporting organization of the Marin Community Foundation (MCF), engages in charitable grantmaking to further MCF's mission. The McF Gift Fund serves as a philanthropic entity that accepts donations on behalf of MCF and distributes grants based on its mission. By supporting MCF, McF Gift Fund Inc contributes to various charitable endeavors and initiatives that aim to benefit the wider community. The foundation's grantmaking activities are instrumental in advancing MCF's philanthropic goals and making a positive impact on the community.

    Established as a California non-profit public benefit corporation, McF Gift Fund Inc focuses on charitable grantmaking to align with MCF's mission. Once the assets under its management are liquidated, the organization will grant funds to MCF to be used for philanthropic purposes. With its commitment to charitable giving, McF Gift Fund Inc plays a crucial role in amplifying the impact of MCF's initiatives and expanding its reach in the community. The foundation's grantmaking efforts enable MCF to address pressing social issues and support a wide range of charitable causes. Through this collaborative approach, McF Gift Fund Inc strengthens the capacity of MCF to create lasting change and improve the lives of many.

    Impact

    This information is meant to be a general summary of Mcf Gift Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mcf Gift Fund Inc's impact is centered around charitable grantmaking to support the mission of Marin Community Foundation. By accepting charitable contributions and making grants to MCF, the foundation plays a crucial role in advancing philanthropy and supporting important initiatives within the community. Through its activities, Mcf Gift Fund Inc contributes to the overall well-being and development of the community served by Marin Community Foundation.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,897,837
  • Program Service Revenue: $0
  • Gross Receipts: $88,651,206

    • Assets and Liabilities:
  • Total Assets: $32,076,088
  • Total Liabilities: $4,517,563
  • Net Assets: $27,558,525
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Rhea Suh

    Main Address

    5 HAMILTON LANDING 200, NOVATO, CA, 94949

    Website

    www.none

    NTEE Category

    Code: T11 - Philanthropy

    If you are a representative of Mcf Gift Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.