EIN 82-1005719

Reinvent Stockton Foundation

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
2017
Most recent tax filings
2022-12-01
Description
RSF funds programs and invests in strategies that improve Stockton's quality of life along with unconditional income grants through SEED.
Total revenues
$2,940,636
2022
Total expenses
$11,146,892
2022
Total assets
$35,007,499
2022
Num. employees
21
2022

Program areas at Reinvent Stockton Foundation

The Stockton empowerment demonstration (seed) was born out of the simple belief that the best investments we can make are in our people. Seed seeks to invest in our people through guaranteed income grants. This income is unconditional, meaning there are no strings attached and no work requirements. A hand up, rather than a hand out, seed seeks to empower its recipients financially and to prove to supporters and skeptics alike that poverty results from a lack of cash, not character. Building off of seed and rooted in dr. martin luther king's legacy, mayors for a guaranteed income (mgi) is a national network of city leaders united to advocate for a guaranteed income - direct, recurring cash payments - that lifts all of our communities, building a resiliant, just america. In 2022 we gave out 23 guaranteed income grants.
Stockton scholars aims to dramatically increase the number of Stockton students who enter and complete higher education within the next 10 years. We pursue this vision through a place-based, guaranteed scholarship for Stockton public school kids starting with the class of 2019; targeted support through the college application process; and hosting events and campaigns that build a city-wide college-going culture, including Stockton scholars signing day. 1,432 scholarships were awarded in 2022.
The Stockton service corps (ssc) is a project which aims to harness americorps fellowship service models to improve educational outcomes and address social inequities in Stockton. The ssc team at rsf primarily works to coordinate americorps host organizations and community partners, connect them to resources, and facilitate partnerships in order to create a community of collective impact.summer of service is a summer internship program that supports college students and other young people in accessing public service opportunities. 2,700 people were served in 2022.

Grants made by Reinvent Stockton Foundation

GranteeGrant descriptionAmount
Metro United WayGuaranteed Income Pilot for That City$520,000
The Mayor's Fund for Los AngelesGuaranteed Income Pilot for That City$500,000
Human Services Coalition of Tompkins CountyGuaranteed Income Pilot for That City$500,000
...and 25 more grants made totalling $4,496,869

Who funds Reinvent Stockton Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Harry & Jeanette Weinberg FoundationTo Support the Partnership Focused on Improving the Lives of Low-Income and Vulnerable Residents in Stockton.$1,175,000
The Rockefeller FoundationFor Use By Its Mayors for A Guaranteed Income in Support of Increasing Awareness of the Impact of Guaranteed Income on Low-Income Communities in the United States$1,000,000
The Foster Family Charitable FoundationCharitable$284,128
...and 11 more grants received

Personnel at Reinvent Stockton Foundation

NameTitleCompensation
Christie MarcheseBoard Member$0
Nik HowardExecutive Director
Claudia HaroBoard Member
Erika AlmazanSSC Director$138,635
Samra K SukhjitMgi Director$169,702
...and 6 more key personnel

Financials for Reinvent Stockton Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,409,085
Program services$0
Investment income and dividends$482,497
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-950,946
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,940,636

Form 990s for Reinvent Stockton Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
2018-122020-02-13990View PDF
...and 2 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 1 new personnel
January 1, 2024
Used new vendors
Identified 4 new vendors, including , , , and
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from Geraldine R Dodge Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsLobbyingState / local levelReceives government fundingProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
110 N San Joaquin St
Stockton, CA 95202
Metro area
Stockton, CA
County
San Joaquin County, CA
Website URL
reinventstockton.org/ 
Phone
(209) 259-4997
IRS details
EIN
82-1005719
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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