EIN 85-0663372

Smcu Community Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Smcu Community Fund is a 501(c)(3) nonprofit fund created by San Mateo Credit Union to support our commitment to financial wellness in our community. The fund provides relief to small businesses located in the unincorporated Northfair Oaks zip codes that have been adversely affected by COVID-19. Additionally, the fund increases the availability of out-of-school programs for socioeconomically disadvantaged students in San Mateo County, with support derived from local government contributions. The fund is located in Redwood City, CA.
Related structure
Smcu Community Fund is a subordinate organization under San Mateo Credit Union (SMCU).
Total revenues
$12,185,125
2022
Total expenses
$12,090,546
2022
Total assets
$1,552,950
2022
Num. employees
0
2022

Program areas at Smcu Community Fund

Child care - the purpose of this program is to provide funding to support child care centers and family child care homes. Support is derived from local government and foundation contributions.
Out of school - the purpose of this program is to increase the availability of out of school programs for socioeconomically disadvantaged students in san mateo county. Support is derived from local government contributions.
Summer enrichment - the purpose of this program is to help Fund the expansion of summer programs of all types for students in school districts within san mateo county. Support is derived from local government contributions.
Northfair oaks small business - the purpose of this program is to provide relief to small businesses located in the unincorporated north fair oaks zip codes that have been adversely affected by covid-19. Support is derived from local government contributions.sbg6 - the purpose of this program is to provide relief to small businesses located in san mateo county that have been adversely impacted by covid-19. Support is derived from local government and foundation contributions. Restaurant relief - the purpose of this program is to provide assistance to restaurants, breweries, and wineries who have been adversely impacted by the covid-19 public health emergency. Support is derived from local government, corporate, and foundation contributions.daly city restaurant and small business the purpose of this program is to provide relief to small businesses and restaurants located in the city of daly city that have been adversely affected by covid-19. Support is derived from local government contributions.microfood - the purpose of this program is to assist microenterprise food service establishments located in san mateo county who have been adversely affected by covid-19. Support is derived from local government contributions.non profit - the purpose of this program is to support nonprofits in san mateo county. Support is derived from foundation contributions. Discretionary - the purpose of this program is to provide donations to various causes within the Community. Support is derived from individual donations, the Smcu Community Fund and the credit union.

Grants made by Smcu Community Fund

GranteeGrant descriptionAmount
Boys and Girls Clubs of the PeninsulaTo Provide Assistance To Summer Enrichment Programs$890,757
Young Mens Christian Association of San FranciscoTo Provide Assistance To Summer Enrichment Programs$825,000
Footsteps Child CareTo Provide Assistance To Summer Enrichment Programs$223,995
...and 41 more grants made totalling $4,830,649

Who funds Smcu Community Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Community Development$29,865
Mavericks Community FoundationGeneral Support$17,993
Asian Mcdonalds Operators AssociationCommunity Emergency$10,800

Personnel at Smcu Community Fund

NameTitleCompensation
David DiamondBoard Member$0
Wade PainterPresident$0
Suzanne KnowltonSecretary$0

Financials for Smcu Community Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$12,183,809
Program services$0
Investment income and dividends$1,316
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,185,125

Form 990s for Smcu Community Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-09990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $29,865 from Silicon Valley Community Foundation (SVCF)
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsChapter / child organizationsCharitiesGrantmaking organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
350 Convention Way
Redwood City, CA 94063
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Mateo County, CA
Website URL
smcucommunityfund.org/ 
Phone
(650) 363-1725
IRS details
EIN
85-0663372
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0271236
FTB Entity ID
4578173
AB 488 data last updated ("as-of") date
2025-01-15
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