Pasadena Community Foundation

EIN: 200253310 501(c)(3) Philanthropy & Grantmaking

Pasadena, CA

Total Revenue
$23,617,491
Total Expenses
$11,796,668
Total Assets
$187,499,474
Net Assets
$169,490,077
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
CA
Principal Officer
Mariver Copeland
Phone
6267962097
Tax Period
2024-01-01 to 2024-12-31

Pasadena Community Foundation, founded in 1953, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $23.6M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.8M, a strong 50% operating margin.

Mission

Pasadena Community Foundation (PCF) strives to improve and enrich lives of people in the greater Pasadena area through: the establishment and management of charitable funds with an emphasis on permanently endowed funds that benefit the local community, providing grants and services to non-profits, working with donors and engaging in community partnerships.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,790,097
Program Service Revenue $0
Investment Income $8,797,037
Other Revenue $30,357
TOTAL REVENUE $23,617,491

Expense Breakdown

Grants Paid $9,421,107
Salaries & Benefits $1,552,876
Fundraising Expenses $825,592
Program Expenses $10,224,131
Other Expenses $822,685
TOTAL EXPENSES $11,796,668

Year-over-Year Comparison

2024 2023 Change
Revenue $23,617,491 $16,535,916 +0.4%
Expenses $11,796,668 $10,232,017 +0.2%
Net Income $11,820,823 $6,303,899 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
2
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$661,336
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Priscilla Gamb Chair 0.20
Officer Director
$0 $0 $0
Gloria Pitzer Secretary 0.20
Officer Director
$0 $0 $0
Koko Archibong Board Member 0.20
Director
$0 $0 $0
Dave Beringer Board Member 0.20
Director
$0 $0 $0
William Bogaard Board Member 0.20
Director
$0 $0 $0
Frank Cardenas Board Member 0.20
Director
$0 $0 $0
Scott Christopher Board Member 0.20
Director
$0 $0 $0
Phyllis Crandon Board Member 0.20
Director
$0 $0 $0
K George Dulgeryan Board Member 0.20
Director
$0 $0 $0
Sandra Ell Board Member 0.20
Director
$0 $0 $0
Greta Johnson Mandell MD Board Member 0.20
Director
$0 $0 $0
Tracy S McCormick Board Member 0.20
Director
$0 $0 $0
Scott Nesbit Board Member 0.20
Director
$0 $0 $0
Nick Rodriguez Board Member 0.20
Director
$0 $0 $0
Maggie Sabbag Board Member 0.20
Director
$0 $0 $0
Uma Shrivastava Board Member 0.20
Director
$0 $0 $0
Sonia Singla Board Member 0.20
Director
$0 $0 $0
Armineh Tavitian MD Board Member 0.20
Director
$0 $0 $0
Alex Wei Board Member 0.20
Director
$0 $0 $0
Jennifer DeVoll President & CEO 40.00
Officer
$284,723 $69,882 $354,605
Mariver Copeland CFO 40.00
Officer
$249,051 $57,680 $306,731
Elizabeth Alergimissen Director of Development 40.00
Highest
$141,220 $14,998 $156,218
Jeanine Bogaard Director of Programs 40.00
Highest
$134,141 $27,477 $161,618
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $23,617,491 $11,796,668 $187,499,474 $11,820,823
2023 $16,535,916 $10,232,017 $156,186,370 $6,303,899
2022 $14,423,466 $11,635,713 $134,904,615 $2,787,753
2021 $33,042,535 $9,695,584 $160,872,116 $23,346,951
2020 $20,117,512 $9,999,218 $129,729,011 $10,118,294
2019 $23,619,243 $7,448,492 $107,596,369 $16,170,751
2018 $12,273,378 $6,431,221 $77,888,541 $5,842,157
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