EIN 87-1724276

The 54 Fund

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The 54 Fund is a private foundation located in Stockton, CA that primarily funds general support and awarded 86 grants last year to grantees, including Seeds and others.
Also known as...
Formerly Fccu2 Foundation; Fccu2 Foundation
Total revenues
$434,659
2023
Total expenses
$660,493
2023
Total assets
$13,301,691
2023
Num. employees
1
2023

Program areas at The 54 Fund

General investments
General investments

Grants made by The 54 Fund

GranteeGrant descriptionAmount
United Way of San Joaquin CountyGeneral Support$35,000
Stockton Beautiful A Community CommitmentGeneral Support$26,500
Support Stockton Police FoundationGeneral Support$25,000
...and 43 more grants made totalling $224,950

Personnel at The 54 Fund

NameTitleCompensation
Edward FigeroaExecutive Director$46,667
Steve LeigaDirector$0

Financials for The 54 Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$250,000
Investment income and dividends$342,135
Net rental income$0
Net gain from sale of non-inventory assets$-157,476
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$434,659

Form 990s for The 54 Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-05990PFView PDF
2022-122023-10-12990PFView PDF
2021-122022-05-16990PFView PDF
Data update history
November 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $250,000 from Valley Strong Cu
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 12, 2023
Updated personnel
Identified 9 new personnel
May 9, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donations
General information
Address
2616 Pacific Ave 4081
Stockton, CA 95204
Metro area
Stockton, CA
County
San Joaquin County, CA
Phone
(209) 265-7937
IRS details
EIN
87-1724276
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0277018
FTB Entity ID
4759152
AB 488 data last updated ("as-of") date
2025-01-15
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