Non-profit

Inland Empire Community Foundation

Website:

www.iegives.org/

Location:

Riverside, CA

Tax ID:

33-0748536

Budget (2021):

Revenue: $28,925,228
Expenses: $23,080,355
Assets: $130,560,827

Type:

Community Foundation

Formation:

1941

President and CEO:

R. Michelle Decker

Budget (2022):

Revenue: $38,980,191

Expenses: $28,142,967

Net Assets: $101,606,233

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The Inland Empire Community Foundation is a community foundation located in Riverside, California, that funds organizations and programs in the Inland Empire region of Southern California. The Foundation operates donor-advised funds on behalf of donors in the area as well as a special funds focused on Latinos, women, education, journalism, and disaster relief, among other funding areas. The Foundation held over $100 million in assets at the end of 2022.

In 2020, the Foundation announced a focus on left-of-center diversity, equity, and inclusion (DEI) ideology and opened the Inland Empire Black Equity Fund to “advance racial equity and combat anti-black racism.” 1 Organizations funded by the Foundation include the Black Voice Foundation, the California Press Foundation, Tides Foundation, Inland Empowerment, and the Trust for Public Land. 2

Background and History

The Inland Empire Community Foundation was founded in 1941 by Charles Brouse as the Riverside Foundation. The original bequest endowed a fund benefitting students at Riverside City College. The Foundation later broadened its focus to include arts, culture, and civic services programs. The Foundation was later renamed the Riverside Community Foundation. As the funding activities of the Foundation expanded to cover Riverside and San Bernardino counties , it was again renamed The Community Foundation and later Inland Empire Community Foundation. 3

The Foundation claims to have dispersed over $127 million in grants and scholarships since its inception and has funded scholarships at colleges and universities in the two counties covered by the Foundation. Scholarships remain a large portion of the foundation’s activity. 4

Activity

The Inland Empire Community Foundation claims to have awarded over $127 million to nonprofits since its inception, and in 2021, it reported $19 million in grants, of which $4 million were directed to scholarships. The Foundation is funded by other foundations, individual donors, and government agencies. The Foundation directs grants while also operating donor-advised funds and family funds. Other funds operated by the group that accept grant applications include the Build Coachella Valley Fund, Field of Interest Fund, the Cultivating Inland Empire Latino Opportunity Fund (CIELO Fund), Creative Corps Inland SoCal, and the Black Equity Initiative Inland Empire (BEI). 5

Black Equity Initiative

In March 2020, the Inland Empire Community Foundation began focusing on “racial, gender, and economic equity” as part of its broader diversity, equity, and inclusion (DEI) initiative, adopting left-of-center and far-left language around racial issues stating that “We stand firmly against racism and all forms of oppression, prioritizing equity, inclusion, and diversity in our community work” and that the Foundation has a commitment to “advance racial equity and combat anti-black racism.” 6

The Foundation’s Black Equity Initiative funded an inaugural cohort of 16 grantees receiving a total of $740,000 in 2021. 7

Grantmaking

Organizations funded by the Inland Empire Community Foundation include the Black Voice Foundation, the California Press Foundation, Tides Foundation, Inland Empowerment, the Trust for Public Land, the Academy for Grassroots Organizations, Americans for the Arts, the Inland Empire Immigrant Youth Collective, and the Inland Empire Labor Institute. 8

References

  1. “Diversity, Equity and Inclusion.” Inland Empire Community Foundation. Accessed April 22, 2024. https://www.iegives.org/funds/diversity-equity-inclusion/
  2. Return of Organization Exempt from Income Tax (Form 990). Inland Empire Community Foundation. 2022. https://projects.propublica.org/nonprofits/organizations/330748536/202303189349312055/full
  3. [1] IECF Overview. Inland Empire Community Foundation. Accessed April 22, 2024. https://www.iegives.org/about/iecf-overview/#iecf-overview
  4. IECF Overview. Inland Empire Community Foundation. Accessed April 22, 2024. https://www.iegives.org/about/iecf-overview/#iecf-overview
  5. “Nonprofits.” Inland Empire Community Foundation. Accessed April 22, 2024. https://www.iegives.org/nonprofits/overview/
  6. “Diversity, Equity and Inclusion.” Inland Empire Community Foundation. Accessed April 22, 2024. https://www.iegives.org/funds/diversity-equity-inclusion/
  7. “Diversity, Equity and Inclusion.” Inland Empire Community Foundation. Accessed April 22, 2024. https://www.iegives.org/funds/diversity-equity-inclusion/
  8. Return of Organization Exempt from Income Tax (Form 990). Inland Empire Community Foundation. 2022. https://projects.propublica.org/nonprofits/organizations/330748536/202303189349312055/full
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: June 1, 1997

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2021 Dec Form 990 $28,925,228 $23,080,355 $130,560,827 $32,112,594 N $22,477,460 $0 $2,463,852 $541,543
    2020 Dec Form 990 $27,477,275 $28,718,333 $118,547,817 $29,416,297 N $25,138,267 $0 $1,981,442 $490,500
    2019 Dec Form 990 $20,768,360 $18,422,047 $111,311,138 $28,252,221 N $16,880,970 $0 $2,222,129 $598,234 PDF
    2018 Dec Form 990 $16,785,712 $15,360,028 $97,718,476 $24,162,620 N $13,051,175 $0 $1,990,334 $506,765 PDF
    2017 Dec Form 990 $16,438,103 $10,514,804 $105,470,430 $24,591,417 N $10,303,202 $0 $1,667,270 $439,421
    2016 Dec Form 990 $10,314,250 $12,998,360 $92,287,619 $19,869,631 N $7,901,208 $0 $1,557,318 $487,482 PDF
    2015 Dec Form 990 $19,909,980 $9,499,817 $91,628,259 $19,590,631 N $16,674,924 $0 $1,519,285 $477,631 PDF
    2014 Dec Form 990 $20,481,103 $9,464,319 $86,504,329 $16,659,142 N $15,838,530 $0 $1,496,603 $156,866 PDF
    2013 Dec Form 990 $19,052,806 $9,971,457 $79,584,826 $15,627,398 N $16,052,182 $0 $1,209,560 $154,993 PDF
    2012 Dec Form 990 $10,405,497 $9,680,230 $62,966,618 $11,415,027 N $8,300,305 $0 $1,380,708 $330,366 PDF
    2011 Dec Form 990 $11,783,705 $7,633,581 $57,759,742 $8,970,615 N $7,789,780 $0 $1,361,327 $333,116 PDF

    Additional Filings (PDFs)

    Inland Empire Community Foundation


    Riverside, CA