Bay Area Council Foundation
Bay Area Council Foundation
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About this organization
Mission
The mission of the Foundation is to support the Bay Area Council and invest philanthropic resources toward building stronger, more vibrant communities, a healthy economy, and a more innovative, globally competitive and sustainable Bay Area region.
About
Economic Institute (EI)- Various specific research projects for which economic reports and analysis were prepared and communicated to the business community and BAC members. The EI revenue and expense figures represent the audited financials for the Economic Institute segment of the Bay Area Council Foundation business. Note there are contractual timing differences relative to revenue and expenses recognition with each specific research project that may straddle the 2017-2018 financial year. Upon completion, all project financials reflect favorable results.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “Our vision of a stronger, innovative, globally competitive and more vibrant region is empowered by our mission to support the bay area council and invest philanthropic resources toward building stronger more vibrant communities; a health economy and a more innovative and globally competitive and sustainable bay area. backed by the bay area council a 501(c)(4) organization with over 60 years of experience and sucessful track record in the policy arena, we provide a strong framework and resource base for addressing the interdependent forcesthat govern the regional economy with an eye on local, state, national and international factors. the foundation work can be summarized in three key words: researching; educating; implementing.”.
When referring to its actions, they were described as: “The bay area council foundation (bacf) is a 501(c)(3) charitable organization founded in 2004 to fund, manage and implement initiatives that impact the entire bay area region of california. the mission of bacf is to support the bay area council (bac) and invest philanthropic resources toward building stronger, more vibrant communities, a healthy economy, and a more innovative, globally competitive and sustainable bay area region. we do not make grants and function largely as an operating foundation.”.
- According to the law, the state of operation reported by the non-profit is CA.
- As per the filing, the address of the non-profit for 2020 is 353 SACRAMENTO STREET 10TH FLOOR, SAN FRANCISCO, CA, 94111.
- According to their form, the non-profit as of 2020 has a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $183,178.
- The organization has 15 independent voting members.
- The organization was formed in 2004.
- The organization pays $1,555,992 in salary, compensation, and benefits to its employees.
- The organization pays $213,133 in fundraising expenses.