EIN 68-0405142

The Dipsea Race Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1997
Most recent tax filings
2023-12-01
Description
Preserves historic Dipsea tradition by awarding college scholarships and restoring portions of the trail. Located in Mill Valley, CA.
Total revenues
$49,020
2023
Total expenses
$67,670
2023
Total assets
$932,491
2023
Num. employees
0
2023

Program areas at The Dipsea Race Foundation

In 2023 we gave $15k in scholarships to 3 high school seniors. We successfully conducted the annual Dipsea Race in June. Following the race we held our annual Hall of Fame dinner at which we presented the high school seniors with their scholarships. We successfully trained around 45 elementary school students during afternoon trail running sessions that season culminated in the Jingle Bell 5K run that took place in Dec in Sausalito. The Organization awards college scholarships to graduatinghigh school students who have been active in the Dipsea Race asrunners or volunteers and who have demonstrated outstanding qualities as students, athletes and community members. In 2022 nine Scholarships of $5,000 each were awarded.In the year 2022, Dipsea enrolled 100 low income and at risk youth in the Dipsea Race program. These children are provided with good running shoes and a t-shirt. 15 of those children became eligible to take part in the competitive Dipsea Race. Children also were a part of the Jingle Bells 5K in Sausalito, CA. They were able to donate part of the proceeds to the "Matthew Turner Scholarship Foundation" The children were rewarded with a pancake breakfast in the Spiniker Resteraunt in Sausalito.
The organization restored a portion of the Dipsea Steps which are an integral part of the Dipsea TrailThe total cost of restoration to date is $768,779 whichamount has been capitalized as a non-depreciable asset.See Form 990, Page 11, Part X, Line 15.The Dipsea Steps have been designated as a nationalhistoric monument. The Mayor of Mill Valley has recognizedand honored the Dipsea Steps as such.
The organization preserves and maintains the historic Dipsea Trail & Stepsfor current and future generations. The organization also encourages boysand girls from all backgrounds to develop the self-discipline required to trainfor a difficult cross country race as well as a sense of communityresponsibility that can be transferred to other aspects of life.

Who funds The Dipsea Race Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Dipsea Race CommitteeRace Sponsor$20,266
Schwab Charitable FundHuman Services$10,500
Ahs FoundationGeneral Operating$1,000

Personnel at The Dipsea Race Foundation

NameTitleCompensation
Mervyn ReganPresident$0
Louis EncaladaDirector$0
Patrick D ArmstrongDirector and Chief Financial Officer$0

Financials for The Dipsea Race Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$46,499
Program services$2,050
Investment income and dividends$471
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$49,020

Form 990s for The Dipsea Race Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-27990View PDF
2022-122023-10-03990View PDF
2021-122022-06-14990View PDF
2020-122022-05-27990View PDF
2019-122022-05-23990View PDF
...and 10 more Form 990s
Data update history
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Ahs Foundation
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 1, 2023
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Sports competitionsSports organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
State / local levelCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 10
Mill Valley, CA 94942
Metro area
San Francisco-Oakland-Berkeley, CA
County
Marin County, CA
Website URL
dipseafoundation.org/ 
Phone
(415) 990-1630
IRS details
EIN
68-0405142
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N70: Amateur Sports Competitions
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
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
107312
FTB Entity ID
2013079
AB 488 data last updated ("as-of") date
2024-12-18
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