Coastal Community Foundation

What it reported doing in 2024

The foundation granted $536,875 in 2024. 88% of the grants made in 2024 supported san diego county nonprofits and community projects. Donor advisors make recommendations to the foundation for grant distributions from their funds. Grants are approved by the board of directors. Grants support a wide variety of nonprofit organizations locally, regionally and nationally.coastal community foundation fulfills our mission by providing a flexible way for donors with varied philanthropic desires through its services to include setting up donor advised funds (dafs) in which a donor can contribute assets to their fund at any time and make grant recommendations to the foundation to support nonprofit organizations or causes of their choice; field of interest funds in which a donor can contribute and participate in grant awards in a focused program area; designated funds allowing a donor to support one or more named organizations in perpetuity; scholarship funds to benefit students of any age or education level; agency funds where other nonprofit organizations can invest their own permanent endowments through the foundation; giving circles (hand to hand, solana beach fund, encinitas fund, and giving with impact) which is comprised of like-minded individuals who combine their gifts into one fund and share in the grant making decisions; and project funds can be invested in by community members responding to a campaign initiated by the foundation to meet a community need.coastal community foundation has discretionary, competitive grant programs and scholarships. Applications are posted online when open and applications managed through the foundantion online application portal by both applicant and committee members reviewing proposals. Each of the funding opportunities are led by community members making recommendations to the board of directors for final award of grants to deserving organizations in san diego.betty scalice foundation (music): grants for nonprofit, school-based music programs serving san diego county.edventures education pathways grant program: career and technical education (cte) teachers in middle and high schools from san dieguito unified school district who teach in one of the pathways programs are eligible to apply. Grants are made for creative educational projects that stimulate learning and enhance the pathways curriculum.encinitas fund: serves to address local needs and to encourage philanthropy with grants made to a variety of organizations for the benefit of encinitas and all its communities.hand to hand giving circle: this grant program makes an impact on the lives of women and girls in san diego county by directing resources to programs that empower change and self-sufficiency.mental health fund: the foundation awards grants to nonprofit organizations that provide prevention or early intervention mental health services or mental health counseling for youth (ages 21 and under).safe & stable housing fund: grant awards made seeks to nonprofit organizations supporting transitional, unsheltered and at-risk individuals experiencing homelessness with the goal that they remain stable in a home of their own.solana beach fund: serves to address local needs and to encourage philanthropy with grants made to a variety of organizations for the benefit of solana beach and all its communities.scholarshipscoastal community foundation's (ccf) scholarship program is available for graduating seniors from san dieguito, carlsbad, and oceanside school districts.please find us at: www.coastalfoundation.orglinkedin @coastalcommunityfoundationinstagram @coastalcommunity.foundationfacebook @coastalcommunityfdn

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 92.2%; rating input score 92
• Fundraising efficiency: $10.14 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 65.3%; rating input score 65; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -62.3%; rating input score 4; 4th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 8.2%; rating input score 30; 30th percentile among comparable filings

Growth

• Program expense growth: 10.5% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 6.6% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 9.1% per year; rating input score 100; 63rd percentile among comparable filings