2023-02-14T19:29:06-06:00 2022-06-30 952694444 CONSIDINE & CONSIDINE 8989 RIO SAN DIEGO DRIVE SUITE 250 SAN DIEGO CA 921081604 990 2021-07-01 953655288 PROMISES2KIDS FOUNDATION PROM 8582784400 9400 RUFFIN COURT SUITE A SAN DIEGO CA 92123 TONYA TOROSIAN CEO 8582784400 2023-02-14 1 TONYA TOROSIAN 999009999 RICHARD HOTZ P00452784 6192311977 2023-02-14 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z TONYA TOROSIAN 9400 RUFFIN COURT SUITE A SAN DIEGO CA 92123 10798392 0 X PROMISES2KIDS.ORG X 1981 CA CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN 22 22 57 259 0 0 7882920 8779000 0 0 192314 454955 59781 1083427 8135015 10317382 1177867 1112600 0 0 2473157 2714740 0 0 1079089 1949258 2773671 5600282 6601011 2534733 3716371 16452558 17939955 986736 536498 15465822 17403457 X CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN. 0 0 5294852 1112600 THE FOLLOWING IS A BRIEF DESCRIPTION OF THE FOUNDATION'S PROGRAMS:A.B. AND JESSIE POLINSKY CHILDREN'S CENTER - PREVIOUSLY THE FOUNDATION RAISED $12 MILLION TO BUILD THE A.B.AND JESSIE POLINSKY CHILDREN'S CENTER (THE POLINSKY CENTER), SAN DIEGO COUNTY'S EMERGENCY SHELTER FOR ABUSED AND NEGLECTED CHILDREN. IN OCTOBER 1994, THE FOUNDATION DEEDED THE FACILITY TO THE COUNTY. THE POLINSKY CENTER OFFERS A FULL RANGE OF ASSESSMENT AND CARE PROGRAMS TO MORE THAN 1,000 CHILDREN EVERY YEAR. THE FOUNDATION CONTINUES TO SUPPORT THE POLINSKY CENTER BY RAISING FUNDS FOR THE URGENT AND LONG-TERM NEEDS OF THE YOUNG RESIDENTS DURING THEIR STAY. THE FOLLOWING ARE JUST A FEW EXAMPLES OF THE PROGRAMS AND PROJECTS AT THE POLINSKY CENTER SUPPORTED BY THE FOUNDATION DURING THE YEAR ENDED JUNE 30, 2022. SEE SCHEDULE O FOR ADDITIONAL DETAILS. KIDSTART YOUTH2YOUTH ADVOCATES PROGRAM PET THERAPY PROGRAM HEALTH, RECREATION, AND WELLNESS PROGRAMGUARDIAN SCHOLARS - GUARDIAN SCHOLARS IS A SCHOLARSHIP AND SUPPORT PROGRAM THAT WAS ESTABLISHED TO ASSIST CURRENT AND FORMER FOSTER YOUTH TO FURTHER THEIR EDUCATION OR PREPARE FOR A CAREER AND BECOME SUCCESSFUL, INDEPENDENT ADULTS. THE PROGRAM IS MUCH MORE THAN JUST FINANCIAL AID - IT IS AN INVESTMENT IN THE FUTURE OF EACH INDIVIDUAL RECIPIENT. GUARDIAN SCHOLARS PROVIDES MULTIFACETED SUPPORT THROUGH MENTORING, CAREER AND VOCATIONAL TRAINING, TUTORING, COLLEGE PLANNING, FINANCIAL AID, COLLEGE APPLICATION WORKSHOPS, AND CASE MANAGEMENT.CAMP CONNECT - THE FOUNDATION PROVIDES SIBLINGS IN FOSTER CARE, WHO ARE PLACED IN SEPARATE HOMES, THE OPPORTUNITY TO RECONNECT THROUGH A FOUR-DAY SUMMER CAMP, AS WELL AS RECREATIONAL AND EDUCATIONAL DAY CAMP ACTIVITIES THROUGHOUT THE YEAR. CAMP CONNECT ALLOWS BROTHERS AND SISTERS TO MAINTAIN CRITICAL RELATIONSHIPS AND GAIN SUPPORT FROM EACH OTHER DURING THIS DIFFICULT TIME. THIS PROGRAM IS A PARTNERSHIP WITH HEALTH & HUMAN SERVICES AGENCY OF SAN DIEGO COUNTY.FOSTER FUNDS - THE FOUNDATION UNDERSTANDS THAT FOSTER CHILDREN OFTEN FEEL ALONE AND ISOLATED. THEY MAY GO WITHOUT SIMPLE PLEASURES OF CHILDHOOD SUCH AS BIRTHDAY GIFTS, CAP AND GOWN FOR GRADUATION, A SPORTS UNIFORM OR A MUSICAL INSTRUMENT. WE ENSURE FOSTER CHILDREN KNOW THAT THEY TOO ARE HEARD, SPECIAL AND DESERVING. THE FOUNDATION HAS SPECIAL FUNDS SET UP TO SUPPORT THESE NEEDS NOT MET THROUGH TYPICAL FUNDING, WHICH INCLUDE SOMETHING SPECIAL FUND, BIRTHDAY CLUB, AND COMMUNITY DRIVES.COVID-19 EMERGENCY SUPPORT - AS A RESULT OF COVID-19, WE PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO ENSURE OUR MOST VULNERABLE YOUTH ARE SUPPORTED. THIS INCLUDES FOOD CARDS, CASH ASSISTANCE AND OTHER SUPPORT. WE ANTICIPATE THIS SUPPORT TO REDUCE AS THE IMPACT OF THE VIRUS DIMINISHES. 5294852 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 57 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X TONYA TOROSIAN 8582784400 9400 RUFFIN COURT SUITE A SAN DIEGO CA 92123 MERRILEE NEAL CHAIR 3.00 X X 0 0 0 LISA MATICH TREASURER 2.00 X X 0 0 0 EMILY GREEN LAKE SECRETARY 2.00 X X 0 0 0 STEPHANIE BROWN IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 VIVIANNE DHUPA IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 DON DUFFORD TREASURER 1.00 X X 0 0 0 ROBERT O'CONNELL VICE CHAIR 1.00 X X 0 0 0 DANIELLE C HUMPHRIES EXECUTIVE MEMBER 1.00 X X 0 0 0 ANDREW BOLINGER MEMBER AT LARGE 0.50 X 0 0 0 ARIANNE BETTAZZI MEMBER AT LARGE 0.50 X 0 0 0 BRETT PERNICANO MEMBER AT LARGE 0.50 X 0 0 0 CARRIE MILLER MEMBER AT LARGE 0.50 X 0 0 0 DANA ZHANG MEMBER AT LARGE 0.50 X 0 0 0 JAYE-CONNOLLY LABELLE MEMBER AT LARGE 0.50 X 0 0 0 JEFFREY STRAUSS MEMBER AT LARGE 0.50 X 0 0 0 KAREN SEDGWICK MEMBER AT LARGE 0.50 X 0 0 0 LYNNE DOYLE MEMBER AT LARGE 0.50 X 0 0 0 MARK WILLS MEMBER AT LARGE 0.50 X 0 0 0 MIA PARK MEMBER AT LARGE 0.50 X 0 0 0 PAUL ZAMORA MEMBER AT LARGE 0.50 X 0 0 0 ROGER MANSUKHANI MEMBER AT LARGE 0.50 X 0 0 0 TIFFANY ROSIK MEMBER AT LARGE 0.50 X 0 0 0 ROB PEDERSEN MEMBER AT LARGE 0.50 X 0 0 0 TONYA TOROSIAN CEO 60.00 X 286905 0 3281 STEPHANIE ORTEGA CHIEF OPERATIONS OFFICER 40.00 X 160698 0 4114 ELIZABETH RAMIREZ CHIEF IMPACT OFFICER 40.00 X 120125 0 2299 EMILY HASSIG CHIEF DEVELOPMENT OFFICER 40.00 X 120197 0 1630 687925 0 11324 4 1 1 0 0 201142 400538 8177320 465930 8779000 1212 1212 20400 0 20400 20400 20400 453743 0 453743 453743 453743 1544037 201142 481010 1063027 1063027 10317382 0 0 1538382 X 285278 285278 827322 827322 317044 235388 12605 69051 2020531 1500136 80328 440067 191499 142178 7613 41708 185666 137847 7381 40438 17100 12483 1197 3420 64635 64635 120327 51004 4689 64634 49925 45969 636 3320 106119 77467 7428 21224 27081 19769 1896 5416 IN-KIND CHILDREN'S PROG 468752 468752 YOUTH SUPPORT STIPENDS 460517 460517 OUTSIDE SERVICES 377997 232789 21863 123345 CHILDREN'S PROGRAM SERV 211578 211578 869640 586375 16799 266466 6601011 5294852 227070 1079089 2021372 1327246 900653 866003 137838 2892166 189663 236063 1580252 539416 755272 1040836 12447760 11577641 16452558 17939955 353498 368998 232700 167500 400538 0 986736 536498 X 11261915 11092508 4203907 6310949 15465822 17403457 16452558 17939955 3716371 -1778736 0 X X 0 1 X 1 0 X 2909826 3520489 8227171 7882920 8779000 31319406 144000 144000 45500 144000 225000 702500 3053826 3664489 8272671 8026920 9004000 32021906 322087 339136 261372 738432 725521 2386548 0 322087 339136 261372 738432 725521 2386548 29635358 155822 211065 307643 813 21612 696955 155822 211065 307643 813 21612 696955 1000 1000 2000 3210648 3876554 8580314 8027733 9025612 32720861 0.90570 0.78580 0.02130 0.03050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5415274 -585417 52718 4777139 4368094 1052180 5000 5415274 4333480 39614 5000 4368094 4163017 175463 5000 4333480 3923462 244555 5000 4163017 0.30734 0.69266 0 0 186750 186750 1393502 539416 854086 1040836 SCHWAB BEQUESTS ENDOWMENT 1241357 F SCHWAB BOARD DESIGNATED 976136 F SCHWAB GENERAL ENDOWMENT 145302 F SCHWAB HATTIE BROOKS ENDOWMENT 3858268 F SCHWAB JUNIOR LEAGUE ENDOWMENT 70589 F SCHWAB NON-ENDOWMENT 4314057 F SCHWAB POLINSKY ENDOWMENT 628366 F JCF INVESTMENT 343566 F 11577641 X 8802537 -1778736 225000 481010 -1072726 9875263 64635 377484 442119 10317382 6864902 225000 481010 706010 6158892 64635 377484 442119 6601011 PART X, LINE 2: THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS WHICH PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITION AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS EXEMPT FOUNDATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2022, THE FOUNDATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 481,010. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT BENEFIT TO DONORS 377,484. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 481,010. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT BENEFIT TO DONORS 377,484. 2021 DREAM ON CONCERT GALA 1745179 201142 1544037 481010 1745179 201142 1544037 481010 481010 1063027 1 HEALTHY ADVENTURES FOUNDATION 2941 4TH AVE SAN DIEGO CA 92103 260772131 501(C)3 43808 0 ENHANCEMENT RADY'S CHILDREN HOSPITAL 3020 CHILDRENS WAY SAN DIEGO CA 92121 237228287 501(C)3 241470 0 ENHANCEMENT SCHOLARSHIPS AND YOUTH SUPPORTGUARDIAN SCHOLARS TRADITIONAL PROGRAM 224 611195 SCHOLARSHIPSSOMETHING SPECIAL 445 133744 SCHOLARSHIPSBIRTHDAY CLUB 50 863 SCHOLARSHIPS AND YOUTH SUPPORTGUARDIAN SCHOLARS CAREER PROGRAM 70 81520 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AND/OR ASSISTANCE. X 0 0 0 0 0 0 0 0 0 TONYA TOROSIAN CEO 238905 0 48000 0 0 0 0 0 10551 0 297456 0 0 0 STEPHANIE ORTEGA CHIEF OPERATIONS OFFICER 136698 0 24000 0 0 0 0 0 9346 0 170044 0 0 0 ELIZABETH RAMIREZ CHIEF IMPACT OFFICER 114125 0 6000 0 0 0 0 0 5635 0 125760 0 0 0 EMILY HASSIG CHIEF DEVELOPMENT OFFICER 108197 0 12000 0 0 0 0 0 5140 0 125337 0 0 0 PAMPLEMOUSSE GRILL JEFFREY STRAUSS, BOARD MEMBER, OWNS PAMPLEMOUSSE GRILL 115229 CATERING FOR EVENTS 0 MANCHESTER FINANCIAL GROUP STEPHANIE BROWN, IMMEDIATE PAST CHAIR, IS THE VP MARKETING & COMMUNICATIONS 2475 REIMBURSEMENTS FOR MEETING AND CONCERT EXPENSES 0 0 RANCH & COAST MIA PARK, BOARD MEMBER, IS EDITOR IN CHIEF OF RANCH & COAST 14870 ADVERTISING IN MAGAZINE 0 SISTERS PIZZA LLC EMILY LAKE GREEN, BOARD MEMBER, OWNS SISTERS PIZZA 244 FOOD FOR EVENTS 0 DOWLING & YAHNKE WEALTH ADVISORS BRETT PERNICANO, BOARD MEMBER, IS A PARTNER IN DOWLING & YAHNKE WEALTH ADV 64635 INVESTMENT MANAGEMENT SERVICES 0 X SUPPLIES, TOYS, CLOTHES 789 465930 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS POSTED TO THE SECURE PORTION OF THE FOUNDATION'S WEBSITE ACCESSIBLE BY BOARD MEMBERS ONLY FOR THEIR REVIEW PRIOR TO FILING. BOARD MEMBERS ARE NOTIFIED AND ASKED TO REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW BOARD MEMBERS ARE GIVEN AN REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS ALL BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN. THE BOARD DEVELOPMENT COMMITTEE REVIEWS ANY POTENTIAL CONFLICTS AND RECOMMENDS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO/PRESIDENT WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION SURVEYS WERE USED FOR COMPARABILITY DATA. THE COMPENSATION OF THE KEY EMPLOYEES WAS REVIEWED AND APPROVED BY THE PRESIDENT/CEO. THE BOARD OF DIRECTORS APPROVED THE COMPENSATION AS PART OF APPROVING THE OVERALL BUDGET. COMPENSATION SURVEYS WERE USED FOR COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON IT'S WEBSITE FOR THE GENERAL PUBLIC. FORM 990, PART IX, LINE 24E YOUTH ACTIVITIES: PROGRAM SERVICE EXPENSES 181,529. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 181,529. YOUTH AND VOLUNTEER TRAINING & EDUCATION: PROGRAM SERVICE EXPENSES 130,156. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130,156. PRINTING AND PRODUCTION: PROGRAM SERVICE EXPENSES 33,407. MANAGEMENT AND GENERAL EXPENSES 2,694. FUNDRAISING EXPENSES 57,900. TOTAL EXPENSES 94,001. VOLUNTEER AND DONOR RECOGNITION: PROGRAM SERVICE EXPENSES 44,141. MANAGEMENT AND GENERAL EXPENSES 1,732. FUNDRAISING EXPENSES 24,126. TOTAL EXPENSES 69,999. BANK CHARGES: PROGRAM SERVICE EXPENSES 120. MANAGEMENT AND GENERAL EXPENSES 2,689. FUNDRAISING EXPENSES 57,358. TOTAL EXPENSES 60,167. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 32,854. MANAGEMENT AND GENERAL EXPENSES 1,044. FUNDRAISING EXPENSES 24,040. TOTAL EXPENSES 57,938. CHILDREN'S PROGRAM MATERIALS: PROGRAM SERVICE EXPENSES 56,922. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,922. BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 31,525. TOTAL EXPENSES 31,525. TELEPHONE AND INTERNET: PROGRAM SERVICE EXPENSES 24,185. MANAGEMENT AND GENERAL EXPENSES 1,639. FUNDRAISING EXPENSES 5,176. TOTAL EXPENSES 31,000. SUPPLIES: PROGRAM SERVICE EXPENSES 8,826. MANAGEMENT AND GENERAL EXPENSES 818. FUNDRAISING EXPENSES 20,487. TOTAL EXPENSES 30,131. STAFF AND BOARD DEVELOPMENT: PROGRAM SERVICE EXPENSES 25,313. MANAGEMENT AND GENERAL EXPENSES 1,109. FUNDRAISING EXPENSES 3,249. TOTAL EXPENSES 29,671. GRAPHIC ART AND DESIGN: PROGRAM SERVICE EXPENSES 3,985. MANAGEMENT AND GENERAL EXPENSES 256. FUNDRAISING EXPENSES 21,203. TOTAL EXPENSES 25,444. POSTAGE AND MAILING: PROGRAM SERVICE EXPENSES 17,498. MANAGEMENT AND GENERAL EXPENSES 738. FUNDRAISING EXPENSES 6,819. TOTAL EXPENSES 25,055. WORKERS' COMPENSATION: PROGRAM SERVICE EXPENSES 18,012. MANAGEMENT AND GENERAL EXPENSES 964. FUNDRAISING EXPENSES 5,284. TOTAL EXPENSES 24,260. RENTAL EQUIPMENT: PROGRAM SERVICE EXPENSES 7,487. MANAGEMENT AND GENERAL EXPENSES 3,043. FUNDRAISING EXPENSES 1,303. TOTAL EXPENSES 11,833. TAX & LICENSE: PROGRAM SERVICE EXPENSES 578. MANAGEMENT AND GENERAL EXPENSES 55. FUNDRAISING EXPENSES 7,946. TOTAL EXPENSES 8,579. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 1,362. MANAGEMENT AND GENERAL EXPENSES 18. FUNDRAISING EXPENSES 50. TOTAL EXPENSES 1,430. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE DURING THE YEAR.