Rossmoor Scholarship Foundation

EIN: 946126368 501(c)(3) Education

Walnut Creek, CA

Total Revenue
$506,244
Total Expenses
$361,442
Total Assets
$2,474,004
Net Assets
$2,422,726
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CA
Principal Officer
Shirley Wiegand
Phone
3109245623
Tax Period
2024-01-01 to 2024-12-31

Rossmoor Scholarship Foundation, founded in 1966, is a small nonprofit in the Education sector that reported $506K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 29% operating margin.

Mission

To provide scholarships to graduates from local high schools and community colleges to aid them in pursuing a course of study at an accredited advanced institution, college or university of their choice.

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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 $379,434
Program Service Revenue $0
Investment Income $126,810
Other Revenue $0
TOTAL REVENUE $506,244

Expense Breakdown

Grants Paid $322,000
Salaries & Benefits $0
Fundraising Expenses $12,085
Program Expenses $322,000
Other Expenses $39,442
TOTAL EXPENSES $361,442

Year-over-Year Comparison

2024 2023 Change
Revenue $506,244 $395,693 +0.3%
Expenses $361,442 $317,619 +0.1%
Net Income $144,802 $78,074 +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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
31

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
3
$0
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven Batill Trustee 2.00
Director
$0 $0 $0
Jean Autrey-to 2024 Trustee 2.00
Director
$0 $0 $0
Natalie Fairbanks Trustee 2.00
Director
$0 $0 $0
Carol Caputo Trustee 2.00
Director
$0 $0 $0
Sherrie Hansen Trustee 2.00
Director
$0 $0 $0
Bonnie Daines Trustee 2.00
Director
$0 $0 $0
Bob Daines Treasurer 6.00
Officer Director
$0 $0 $0
Joe Friedman-to 2024 Trustee 2.00
Director
$0 $0 $0
Walter Barr Trustee 2.00
Director
$0 $0 $0
Susan Baskin Trustee 2.00
Director
$0 $0 $0
Thomas Beckett-to 2024 Trustee 2.00
Director
$0 $0 $0
Mariann Kessler Trustee 2.00
Director
$0 $0 $0
Lynda Caputo Trustee 2.00
Director
$0 $0 $0
Jean Fiske Trustee 2.00
Director
$0 $0 $0
Alice Lau Secretary 6.00
Officer Director
$0 $0 $0
Bob Miller Trustee 2.00
Director
$0 $0 $0
Judy Leckonby Trustee 2.00
Director
$0 $0 $0
Peter Li Trustee 2.00
Director
$0 $0 $0
Charlotte Misner Trustee 2.00
Director
$0 $0 $0
Debbie Swearingen Trustee 2.00
Director
$0 $0 $0
Gloria Reid Trustee 2.00
Director
$0 $0 $0
Al Webster Trustee 2.00
Director
$0 $0 $0
Gayle Rotner Trustee 2.00
Director
$0 $0 $0
Peter Yang Trustee 2.00
Director
$0 $0 $0
Patsy Sharaf Trustee 2.00
Director
$0 $0 $0
Melody Silberstein-to 2024 Trustee 2.00
Director
$0 $0 $0
Barbara Walker Trustee 2.00
Director
$0 $0 $0
William Welch Trustee 2.00
Director
$0 $0 $0
Shirley Wiegand President 6.00
Officer Director
$0 $0 $0
Wayne Wiegand Trustee 2.00
Director
$0 $0 $0
May Wong-to 2024 Trustee 2.00
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $506,244 $361,442 $2,474,004 $144,802
2023 $395,693 $317,619 $2,145,112 $78,074
2022 $359,637 $248,812 $1,875,757 $110,825
2021 $336,660 $238,842 $2,137,886 $97,818
2020 $392,225 $216,235 $1,985,183 $175,990
2019 $261,889 $224,996 $1,700,975 $36,893
2018 $275,864 $205,315 $1,527,272 $70,549
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