DAGMAR DOLBY FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
DAGMAR DOLBY FUND (EIN 47-5332690)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-13
IRS object ID
202501339349309130
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-13T17:55:46-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN946214841PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARMANINO ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12700 CAMINO RAMON STE 350AddressLine1Txt
CitySAN RAMONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP945835004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN475332690EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAGMAR DOLBY FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDAGMBusinessNameControlTxt
Phone4154642500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 HAMILTON LANDING 200AddressLine1Txt
CityNOVATOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94949ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAUREN MCCLELLANDPersonNm
Person TitleCFOPersonTitleTxt
Phone4154642500PhoneNum
Signature2025-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKATY BROWNPreparerPersonNm
PTINP00650274PTIN
Phone9257902600PhoneNum
Preparation2025-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRHEA SUHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 HAMILTON LANDING 200AddressLine1Txt
CityNOVATOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94949ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$27,264,963GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionMOBILIZING THE POWER OF COMMUNITY AND THE RESOURCES OF PHILANTHROPY TO ADVANCE EQUITY FOR PEOPLE, PLACES AND THE PLANET.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$38,097,764PYContributionsGrantsAmt
CY Contributions Grants$26,907,092CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$182,773PYInvestmentIncomeAmt
CY Investment Income$271,441CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$38,280,537PYTotalRevenueAmt
CY Total Revenue$27,178,533CYTotalRevenueAmt
PY Grants And Similar Paid$6,566,771PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$16,646,457CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$580,232PYOtherExpensesAmt
CY Other Expenses$1,010,611CYOtherExpensesAmt
PY Total Expenses$7,147,003PYTotalExpensesAmt
CY Total Expenses$17,657,068CYTotalExpensesAmt
PY Revenues Less Expenses$31,133,534PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$9,521,465CYRevenuesLessExpensesAmt
Total Assets BOY$89,182,673TotalAssetsBOYAmt
Total Assets EOY$105,968,042TotalAssetsEOYAmt
Total Liabilities BOY$38,170,529TotalLiabilitiesBOYAmt
Total Liabilities EOY$58,200,299TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$51,012,144NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$47,767,743NetAssetsOrFundBalancesEOYAmt
MissionMOBILIZING THE POWER OF COMMUNITY AND THE RESOURCES OF PHILANTHROPY TO ADVANCE EQUITY FOR PEOPLE, PLACES AND THE PLANET.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$17,548,469ExpenseAmt
Grant$16,646,457GrantAmt
DescDURING THE FISCAL YEAR ENDING JUNE 30, 2024, THE FOUNDATION AWARDED AND APPROVED $16,646,457 IN GRANTS AND PAID $16,300,000.Desc
Total Program Service Expenses$17,548,469TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAUREN MCCLELLANDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4154642500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 HAMILTON LANDING SUITE 200AddressLine1Txt
CityNOVATOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94949ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
VIKKI GARROD
CHIEF OF STAFF0.5037.50Yes (X)$0$319,361$66,882
JANELLE CAVANAGH START 124
CHIEF PHILANTHROPY OFFICER0.5037.50Yes (X)$0$297,502$80,016
DAGMAR DOLBY
BOARD CHAIR0.50Yes (X)$0$0$0
LANI ALO
DIRECTOR (THRU 12/23)0.5037.50Yes (X)$0$170,327$35,677
RHEA SUH
PRESIDENT & CEO1.0037.50$0$653,900$76,880Yes (X)
LAUREN MCCLELLAND
CFO (START 1/24)1.0037.50$0$283,096$66,478Yes (X)
ASHLEY SMITH
SECRETARY1.0037.50$0$120,545$53,152Yes (X)
SA HARTMAN
CFO (THRU 12/23)1.0037.50$0$459,414$97,991Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,304,145TotReportableCompRltdOrgAmt
Total Other Compensation$477,076TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$26,000,000RelatedOrganizationsAmt
All Other Contributions$907,092AllOtherContributionsAmt
Noncash Contributions$86,429NoncashContributionsAmt
Total Contributions$26,907,092TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$272,915TotalRevenueColumnAmt
Exclusion$272,915ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$84,956SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$86,430SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,474SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,474TotalRevenueColumnAmt
Exclusion-$1,474ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,178,533TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$271,441ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$16,646,457TotalAmt
Program Services$16,646,457ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$81,350TotalAmt
Program Services$81,350ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$50,895TotalAmt
Management And General$50,895ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$204TotalAmt
Management And General$204ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$820,662TotalAmt
Program Services$820,662ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescADMINISTRATIVE FEESDesc
Total$57,500TotalAmt
Management And General$57,500ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,657,068TotalAmt
Program Services$17,548,469ProgramServicesAmt
Management And General$108,599ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$119,636BOYAmt
EOY$4,931,358EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$41,591,450BOYAmt
EOY$29,424,295EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$47,471,587BOYAmt
EOY$71,612,389EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$89,182,673BOYAmt
EOY$105,968,042EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,758BOYAmt
EOY$12,653EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$5,566,771BOYAmt
EOY$10,587,646EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$32,600,000BOYAmt
EOY$47,600,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$38,170,529BOYAmt
EOY$58,200,299EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$51,012,144BOYAmt
EOY$47,767,743EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$51,012,144BOYAmt
EOY$47,767,743EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$89,182,673BOYAmt
EOY$105,968,042EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$9,521,465ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$12,765,866NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MARIN COMMUNITY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN943007979EIN
Organization Type8OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$17,657,068SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$17,657,068SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MCF MANAGED COMMINGLED POOL$20,510,100F
VENTURE CAPITAL FUNDS$48,048,054F
PREFERRED STOCK$3,054,235F
FieldValueIRS element (for citing)
Total Book Value Securities$71,612,389TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$14,412,463TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$12,765,866NetUnrealizedGainsInvstAmt
Revenue Not Reported-$12,765,866RevenueNotReportedAmt
Revenue Subtotal$27,178,329RevenueSubtotalAmt
Investment Expenses Not Incld$204InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$204RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$27,178,533TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,656,864TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$17,656,864ExpensesSubtotalAmt
Investment Expenses Not Incld2$204InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$204ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,657,068TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
RAY AND DAGMAR DOLBY FUND OF MARIN COMMUNITY FOUNDATION (DAF)
5 HAMILTON LANDING SUITE 200NOVATOCA94949943007979501(C)(3)$9,000,000$0PROVIDE GENERAL OPERATING SUPPORT
RAY DOLBY LEGACY FUND
5 HAMILTON LANDING SUITE 200NOVATOCA94949943007979501(C)(3)$4,000,000$0TO SUPPORT THE SYMPOSIUM FUND PROJECT AND THE RESEARCH TEAMS PROJECT AT THE CAVENDISH LABORATORY
SALK INSTITUTE FOR BIOLOGICAL SCIENCE
10010 NORTH TORREY PINES ROADLA JOLLACA92037952160097501(C)(3)$996,035$2,006,935TO SUPPORT SALK'S NEUROSCIENCES FACULTY RESEARCH IN ALZHEIMER'S AND NEURODEGENERATIVE DISEASESFMVINVESTMENT SECURITIES
SMITHSONIAN INSTITUTION
PO BOX 37012WASHINGTONDC20013530206027501(C)(3)$5,169$294,831TO SUPPORT NATIONAL MUSEUM OF AMERICAN HISTORYFMVINVESTMENT SECURITIES
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTO QUALIFY FOR A GRANT DISTRIBUTION FROM THE FOUNDATION A GRANTEE MUST BE ABLE TO SATISFY THE FOUNDATION'S DUE DILIGENCE REQUIREMENTS. THIS PROCESS INCLUDES MAKING AN INDEPENDENT INVESTIGATION OF THE PROSPECTIVE GRANTEE TO ESTABLISH THAT IT QUALIFIES TO RECEIVE THE GRANT. THE GRANTEE ORGANIZATION MUST ALSO HAVE THE CAPACITY TO FULFILL THE TERMS OF THE GRANT AND BE WILLING TO FURNISH THE FOUNDATION WITH ANY REQUIRED EVALUATIVE REPORTS. DEPENDING UPON THE SIZE AND SOURCE OF THE GRANT, A WRITTEN REPORT FROM THE GRANTEE MAY BE REQUIRED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RHEA SUH
PRESIDENT & CEO$0$615,750$0$0$0$38,150$0$60,100$0$16,780$0$730,780$0$0
SA HARTMAN
CFO (THRU 12/23)$0$378,259$0$0$0$81,155$0$62,100$0$35,891$0$557,405$0$0
VIKKI GARROD
CHIEF OF STAFF$0$311,492$0$1,448$0$6,421$0$37,830$0$29,052$0$386,243$0$0
JANELLE CAVANAGH START 124
CHIEF PHILANTHROPY OFFICER$0$292,347$0$0$0$5,155$0$57,996$0$22,020$0$377,518$0$0
LAUREN MCCLELLAND
CFO (START 1/24)$0$266,381$0$0$0$16,715$0$55,066$0$11,412$0$349,574$0$0
LANI ALO
DIRECTOR (THRU 12/23)$0$141,300$0$0$0$29,027$0$17,136$0$18,541$0$206,004$0$0
ASHLEY SMITH
SECRETARY$0$118,162$0$0$0$2,383$0$15,416$0$37,736$0$173,697$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationCOMPENSATION IS PAID BY A RELATED ORGANIZATION, MARIN COMMUNITY FOUNDATION (MCF). THE FOLLOWING IS THE REVIEW AND APPROVAL PROCESS IN DETERMINING COMPENSATION OF THE ORGANIZATION'S PRESIDENT AND CEO: THE PRESIDENT AND CEO IS THE TOP MANAGEMENT OFFICIAL OF THE ORGANIZATION, AND THEIR COMPENSATION PACKAGE IS REVIEWED AND DECIDED UPON ANNUALLY. A COMPENSATION COMMITTEE COMPRISED OF SEVERAL INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS IS ESTABLISHED ANNUALLY. AS PART OF THIS PROCESS, THE COMPENSATION COMMITTEE PREPARES A WRITTEN PERFORMANCE APPRAISAL WITH INPUT FROM ALL BOARD MEMBERS. FURTHER, THE COMMITTEE COMPARES THE PRESIDENT'S COMPENSATION TO THAT OF OTHERS IN SIMILAR POSITIONS USING VARIOUS SURVEYS. EVERY FEW YEARS, THE COMMITTEE ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT TO EVALUATE THE PRESIDENT'S COMPENSATION PACKAGE TO DETERMINE IF THE COMPONENTS, AS WELL AS THE PACKAGE AS A WHOLE CONTINUE TO BE FAIR AND REASONABLE. DURING EXECUTIVE SESSION AT THE END OF THE FISCAL YEAR, WITH ALL BOARD MEMBERS ATTENDING, THE COMMITTEE REPORTS THEIR FINDINGS, THE OVERALL APPRAISAL, AND THEIR RECOMMENDATION. AFTER REVIEW AND DISCUSSION, THE BOARD DETERMINES THE PRESIDENT AND CEO'S COMPENSATION FOR THE NEXT YEAR.ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonDAGMAR DOLBYPersonNm
Relationship With OrgBOARD CHAIRRelationshipWithOrgTxt
Loan PurposeTO ENSURE SUFFICIENT CASH AVAILABLE TO SATISFY THE CAPITAL COMMITMENTS.LoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$30,000,000OriginalPrincipalAmt
Balance Due$47,600,000BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$47,600,000TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LOANS TO AND/OR FROM INTERESTED PERSONS:FormAndLineReferenceDesc
ExplanationON AUGUST 23, 2023, THE RELATED PARTY NO INTEREST LOAN LIMIT WAS RETROACTIVELY INCREASED TO $60 MILLION.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$86,429NoncashContributionsRptF990Amt
Method Of Determining RevenuesPUBLICLY TRADED EXCHANGEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE, NOT THE NUMBER OF ITEMS CONTRIBUTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATHE EXECUTIVE DIRECTORS ARE AUTOMATICALLY DIRECTORS AND ALL OTHER DIRECTORS ARE APPOINTED BY MCF.
FORM 990, PART VI, SECTION A, LINE 7BDAGMAR DOLBY FUND'S GOVERNANCE DECISIONS, PARTICULARLY AMENDMENT TO THE BY-LAWS, ALSO HAVE TO BE APPROVED BY THE GOVERNING BODY OF MCF, IT'S PARENT ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION WILL DISTRIBUTE A FULL COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL MEMBERS OF THE GOVERNING BOARD, OFFICERS AND KEY EMPLOYEES MUST ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE CONCERNING COMPLIANCE ON AN ANNUAL BASIS. THE FORMS ARE REVIEWED BY THE CORPORATE SECRETARY AND CFO TO ENSURE ONGOING COMPLIANCE AND DETERMINE WHETHER A CONFLICT EXISTS. ALL CONFLICTS AND POTENTIAL CONFLICTS ARE REQUIRED TO BE DISCLOSED, AND THE PERSON IS EXCLUDED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS CONCERNING THE MATTER.
FORM 990, PART VI, SECTION B, LINE 15DAGMAR DOLBY FUND DOES NOT HAVE ANY PAID STAFF. WE HIRED STAFF FOLLOWING THE POLICIES AND PROCEDURES OF ITS PARENT ORGANIZATION, THE MARIN COMMUNITY FOUNDATION (MCF). MCF'S TOP MANAGEMENT OFFICIAL'S COMPENSATION PACKAGE IS REVIEWED AND DECIDED ANNUALLY BY THE BOARD OF DIRECTORS. A COMPENSATION COMMITTEE COMPRISED OF SEVERAL INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS IS ESTABLISHED ANNUALLY. EVERY FEW YEARS, THE COMMITTEE ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT TO EVALUATE THE PRESIDENT'S AND CFO COMPENSATION PACKAGES TO DETERMINE IF THE COMPONENTS, AS WELL AS THE PACKAGE AS A WHOLE, CONTINUE TO BE FAIR AND REASONABLE.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION A, COLUMN B:RHEA SUH, SA HARTMAN (THRU 12/23), LAUREN MCCLELLAND (START 01/24), JANELLE CAVANAGH (START 01/24), VIKKI GARROD, LANI ALO (THRU 10/23) AND ASHLEY SMITH ARE FULL-TIME EMPLOYEES OF MARIN COMMUNITY FOUNDATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
ALCOHOL JUSTICE
24 BELVEDERE STREETSAN RAFAELCA94901680152770PROMOTE PUBLIC HEALTHCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
CERITY PARTNERS FOUNDATION
5 HAMILTON LANDING SUITE 200NOVATOCA94949510515757GRANTMAKINGCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
KURLAND FAMILY FOUNDATION
5 HAMILTON LANDING SUITE 200NOVATOCA94949870749260GRANTMAKINGCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
LYNX FOUNDATION
5 HAMILTON LANDING SUITE 200NOVATOCA94949262717594GRANTMAKINGCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
MARGARET E HAAS FUND
5 HAMILTON LANDING SUITE 200NOVATOCA94949510533111GRANTMAKINGCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
MARIN COMMUNITY FOUNDATION
5 HAMILTON LANDING SUITE 200NOVATOCA94949943007979GRANTMAKINGCA501(C)(3)LINE 80N/A
PRESIDIO THEATRE
5 HAMILTON LANDING SUITE 200NOVATOCA94949841695823SUPPORT THE DEVELOPMENT & OPERATION OF A COMMUNITY THEATER IN THE PRESIDIOCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
MCF GIFT FUND INC
5 HAMILTON LANDING SUITE 200NOVATOCA94949680477815SUPPORT MARIN COMMUNITY FOUNDATION AND ITS GOALSCA501(C)(3)LINE 12B, IIMARIN COMMUNITY FOUNDATION0
RAY DOLBY LEGACY FUND
5 HAMILTON LANDING SUITE 200NOVATOCA94949510666996GRANTMAKINGCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
PETER E HAAS JR FAMILY FUND
5 HAMILTON LANDING SUITE 200NOVATOCA94949141962681GRANTMAKINGCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
EQUATION CAMPAIGN & GLOBAL CLIMATE LEGAL DEFENSE
5 HAMILTON LANDING SUITE 200NOVATOCA94949873636370SUPPORT MARIN COMMUNITY FOUNDATION AND ITS GOALSCA501(C)(3)LINE 12A, IMARIN COMMUNITY FOUNDATION0
MCF PHILANTHROPIC FUND
5 HAMILTON LANDING SUITE 200NOVATOCA94949992016872SUPPORT MARIN COMMUNITY FOUNDATION AND ITS GOALSCA501(C)(3)LINE 12B, IIMARIN COMMUNITY FOUNDATION0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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