San Diego Foundation

The San Diego Foundation (SDF) is a large left-of-center community foundation located in the San Diego, California area that as of 2025 controlled over $1.2 billion in assets and provided over $100 million per year in funding to a variety of organizations and charitable causes, including left-of-center advocacy groups such as the Planned Parenthood Federation of America, the Natural Resources Defense Council, and the Transgender Law Center. Over time, the foundation has increasingly adopted an explicit emphasis on funding projects related to “racial and social justice.” 1

At-A-Glance

President and CEO:

Mark Stuart

Tax-Exempt Status:

501(c)(3)

Location: San Diego, CA View on map
Tax ID: 95-2942582
Most Recent Filing: 2023
Budget (2023): Assets: $1,449,190,327 Revenue: $268,696,192 Expenses: $159,687,256

Contents

    The foundation also operates donor-advised funds (DAFs) on behalf of individuals, who direct giving from such funds while they are alive. In 2025, the foundation was the subject of a lawsuit from the right-of-center Pacific Legal Foundation, a group that the San Diego Foundation has funded, alleging that the foundation’s administration of a Black Alumni Scholarship Fund on behalf of the University of California-San Diego violated federal anti-discrimination laws. 2 3 4

    Background and History

    Founded in 1975, the San Diego Foundation (SDF) is the region’s primary community foundation, and describes itself as a hub for donor‐advised funds, field-of-interest funds, scholarships, and competitive grantmaking in San Diego County. Early projects of the foundation mostly centered around traditional charitable causes, including historic preservation and support for community service organizations such as the YWCA. Early funders of the foundation included media philanthropist and former U.S. Rep. Clinton McKinnon (D-CA); Col. Frank C. Wood, a decorated cavalry officer and war hero who served in the Spanish-American War, Philippine Insurrection and China Relief Expedition; and Ruben H. Fleet, an aerospace executive. 5

    As of 2025, the foundation’s strategic plan centers on advancing “racial and social justice,” “equity of opportunity,” and “resilient communities,” supported by a Strategic Initiatives Fund. Public materials emphasize four pillars and showcase program “accomplishments” since the plan’s July 2021 launch, including policy-oriented work around economic mobility, health equity, and climate resilience. 6

    The foundation operates numerous grant programs and regional affiliates, with open calls ranging from arts education to environmental initiatives. In fiscal year 2023, SDF reported distributing $131.1 million in grants to nonprofit partners, the most in its history to that point. 7 8

    Legal Challenge Over Race-Based Scholarships

    In 2025, the San Diego Foundation was named as a defendant in a federal lawsuit accusing it of conspiring with the University of California, San Diego (UCSD) to administer a racially exclusive scholarship in violation of equal protection law. The lawsuit, filed in July 2025 by the Pacific Legal Foundation and Californians for Equal Rights Foundation (CFER) on behalf of transfer student Kai Peters, claimed that UCSD transferred operation of its Black Alumni Scholarship Fund (BASF), a program limited exclusively to Black students, after the state-wide ban on race-based preferences under California Proposition 209. The plaintiffs argued that transferring BASF to SDF was a tactic meant to sidestep legal constraints, noting that UCSD continues to recruit applicants, promote the program, staff the scholarship’s board, and provide racial data to the foundation. The lawsuit asserted that the arrangement constituted an unlawful conspiracy to deprive eligible students of constitutional rights. 2 3

    Despite it being sued by the Pacific Legal Foundation in 2025, the San Diego Foundation reported over $300,000 in general support to PLF in its 2023 tax return. 4

    Programs and Funding Areas

    In addition to an explicit focus on funding organizations focused on “racial and social justice,” the San Diego Foundation operates programs with an emphasis on left-of-center policy priorities, including housing policy, climate change, and economic issues. The foundation describes a long-standing climate portfolio, noting it has “led the call for regional action to reduce global warming pollution” since 2006. 9

    Leadership and Governance

    Mark Stuart, a career fundraiser and foundation executive, was the president and CEO of the San Diego Foundation and reported to its board of governors. Stuart had previously worked for the San Diego Zoo Wildlife Alliance and the University of Pennsylvania Veterinary School. 10 10 Stuart was paid over $700,000 in total compensation from the foundation in 2023. 4

    The foundation has a large staff that includes grantmakers, “community need advisors,” and development personnel who manage donor relationships and program execution. 11

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2023 $1,449,190,327 $268,696,192 $159,687,256 View
    2022 $1,298,825,008 $283,565,373 $179,913,602 View
    2021 $1,302,414,916 $197,035,758 $124,312,177 View
    2020 $1,065,212,876 $147,340,158 $95,120,818
    2019 $887,403,657 $87,666,191 $66,450,177 View

    Prior year filings: 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 104

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Mark StuartPRESIDENT & CEO$642,491
    Susan GuinnCHIEF INNOVATION OFFICER$563,680
    James HowellVP, CHIEF FINANCIAL OFFICER$390,459
    Matt FettigVP, CHIEF INVESTMENT OFFICER$363,339
    Brian ZumbanoVP, DEVELOPMENT & STEWARDS$301,917
    Theresa NakataVP, CHIEF COMMUNICATIONS OFFICER$249,072
    Pamela G Payton Vp ChiefIMPACT & PARTNERSHIPS OFFICER$236,594
    Kelly FeuilletDIRECTOR, FINANCIAL REPORTING$236,522

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $169,338,285
    • Number of Grants: 1,050
    • Number of Funders: 365

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $9,992,7212024 Jewish Community Foundation of San DiegoGENERAL
    $8,001,0002021 National Philanthropic TrustPUBLIC, SOCIETAL BENEFIT
    $8,000,0002020 MacKenzie ScottMackenzie Scott made an unrestricted donation of $8 million to the San Diego Foundation. Funding, in response to the coronavirus (COVID-19) pandemic and economic crisis, will go to organizations delivering much-needed food security, financial assistance, learning loss support and other basic needs to impacted communities
    $7,291,1832022 San Diego Charitable Real Estate FoundationFOR GENERAL SUPPORT
    $6,300,0002022 California Educational Foundation Trust Scd266439GENERAL PURPOSE
    $6,257,8802022 Mccarthy Family Foundation IncGENERAL
    $3,906,6632024 San Diego Charitable Real Estate FoundationFOR GENERAL SUPPORT
    $3,204,8792022 Endangered Habitats ConservancyENDOWMENT FOR MONTECITO RANCH HABITAT STEWARDSHIP FUND.
    $3,184,9792024 Apal Communications ConnectionsGRANT
    $2,232,2342024 Dr Seuss FoundationCONTRIBUTION MADE TO AWARD GRANTS TO VARIOUS CHARITIES THAT ENABLE COMMUNITY SOLUTIONS AND SUPPORT LITERACY, LITERATURE, AND EDUCATION.
    $2,123,2462021 Fermanian Family FoundationCHARITY
    $2,065,0002021 County of San Diego Black Chamber of Commerce Education FoundationCharitable Contribution
    $2,012,1692021 San Diego Charitable Real Estate FoundationFOR GENERAL SUPPORT
    $2,000,0002023 Dr Seuss FoundationCONTRIBUTION MADE TO AWARD GRANTS TO VARIOUS CHARITIES THAT ENABLE COMMUNITY SOLUTIONS AND SUPPORT LITERACY, LITERATURE, AND EDUCATION.
    $1,988,6472020 San Diego Charitable Real Estate FoundationFor general support
    $1,710,0002022 The Chicago Community TrustGeneral operating support. To support the Binational Resilience Fund.
    $1,487,9292022 Fermanian Family FoundationCHARITY
    $1,449,0502024 Fermanian Family FoundationGENERAL
    $1,359,1162023 Fermanian Family FoundationCHARITY
    $1,000,0002024 The Cushman FoundationGENERAL/UNRESTRICTED
    $1,000,0002022 Mark Walk Wolfinger FoundationContribution to the Walk Family Memorial Fund for general charitable purposes
    $1,000,0002020 Illumina Corporate FoundationCovid-19 Community Response Fund
    $1,000,0002020 Qualcomm Charitable FoundationCOVID-19 Community Response Fund; $500K earmarked for SD Food Bank. Support for coronavirus-related efforts
    $990,9902023 Gates Foundationto increase awareness and use of California’s teacher workforce dashboards
    $625,0002024 Alumbra Innovations Foundationto catalyze a network model that scales place-based learning approaches to result in ocean and land and water careers, and active citizenship

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $1,192,061,777
    • Number of Grants: 63,313
    • Number of Recipients: 8,257

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $13,424,5082022 UC San Diego FoundationFOR THE HALICIOGLU DATA SCIENCE INSTITUTE AT UC SAN DIEGO TO BE USED FOR PURPOSES STATED IN THE AGREEMENT DATED DECEMBER 12, 2017 BETWEEN THE SAN DIEGO FOUNDATION, THE HALICIOGLU FAMILY FOUNDATION, UCSD, AND THE UCSD FOUNDATION. THIS IS A GRANT BY AN OTHER INTERESTED PARTY AS REFERRED TO IN SUCH AGREEMENT
    $13,308,9772021 YMCA of San Diego CountyTO SUPPORT THE SUMMERBRIDGE PROGRAM
    $12,250,5002021 Child Development Associates IncFOR GENERAL SUPPORT
    $7,961,0002022 The Southwestern CollegeTO SUPPORT THE SBDC FOR THE CITY OF SAN DIEGO AMERICAN RESCUE PLAN FUND DIRECT GRANTS FOR SMALL BUSINESS AND NONPROFIT RELIEF GRANT PROGRAM PER AGREEMENT. APPROVED AT BOG MEETING 9/23/21.
    $7,040,7562022 The Campanile FoundationTO ESTABLISH THE JAMES SILBERRAD BROWN ARTIFICIAL INTELLIGENCE CENTER
    $6,832,4452022 The Salk Institute for Biological StudiesFOR THE CAMPAIGN FOR THE FUTURE CHALLENGE MATCH
    $6,118,8332023 The Salk Institute for Biological StudiesCAMPAIGN FOR THE FUTURE CHALLENGE MATCH
    $6,025,5002022 Sharp HealthCare FoundationTO SUPPORT THE SHARP HEALTHCARE FOUNDATION ENVISION CAMPAIGN AND RECOGNIZE THE LEGACY OF JAMES S. BROWN
    $5,941,2072020 YMCA of San Diego CountyFor covid response for childcare, day camp, and other services
    $5,231,9702023 Southwestern CollegeCITY OF ESCONDIDO NONPROFIT RELIEF FUND
    $5,050,0002020 Child Development Associates IncFor covid response for childcare, food and supplies per grant agreement letter
    $4,161,4452022 Donor Advised Charitable Giving, Inc.FOR THE JOAN WAITT FAMILY FOUNDATION FUND
    $3,588,3362023 UC San Diego FoundationGLOBAL POLICY & STRATEGY EXCELLENCE FUND
    $3,348,7722020 UC San Diego FoundationTo support the ucsd student foundation endowment fund for the ucsd student foundation
    $3,331,2962020 San Diego Symphony Orchestra AssociationFor general support
    $3,000,0002021 San Diego County Office of EducationTO SUPPORT THE COUNTY OF SAN DIEGO EFFORTS FOR BRIDGING THE DIGITAL DIVIDE TO PROVIDE INTERNET ACCESS FOR SCHOOL AGE CHILDREN, PER AGREEMENT
    $2,789,0952021 University of San DiegoSTUDENT SCHOLARSHIPS
    $2,718,0002022 California Community FoundationFOR EXPANDED LEARNING ADVANCING EDUCATIONAL EQUITY: A PHILANTHROPIC INVESTMENT STRATEGY SPANNING EIGHT CALIFORNIA COUNTIES – PER AGREEMENT
    $2,716,0002022 Community Foundation Sonoma CountyFOR EXPANDED LEARNING ADVANCING EDUCATIONAL EQUITY: A PHILANTHROPIC INVESTMENT STRATEGY SPANNING EIGHT CALIFORNIA COUNTIES – PER AGREEMENT
    $2,716,0002022 Inland Empire Community FoundationFOR EXPANDED LEARNING ADVANCING EDUCATIONAL EQUITY: A PHILANTHROPIC INVESTMENT STRATEGY SPANNING EIGHT CALIFORNIA COUNTIES – PER AGREEMENT
    $2,500,0002022 Brookings InstitutionTO SUPPORT THE PARTNERSHIP OF THE SAN DIEGO REGIONAL POLICY AND INNOVATION CENTER (SDR PIC) AND THE BROOKINGS INSTITUTION TO LAUNCH THE BROOKING INSTITUTION SAN DIEGO RESEARCH AND POLICY INITIATIVE PER THE GRANT AGREEMENT LETTER. THIS GRANT IS FUNDED BY THE COUNTY OF SAN DIEGO GRANT TO THE SAN DIEGO FOUNDATION TO BE PAID $500,000 PER YEAR FOR FIVE YEARS BEGINNING AUGUST 2021.
    $2,370,9612023 University of San DiegoNONPROFIT INSTITUTE
    $2,193,9302022 Fidelity Investments Charitable Gift FundFOR CGF 1232728 CAROL AND HENRY F. HUNTE FUND
    $1,908,7612022 Scripps HealthTO SUPPORT THE BUILD OF 6 HOSPITAL ROOMS IN SCRIPPS HEALTH LA JOLLA TOWER 2 (FLOORS 4-6)
    $1,889,8432021 San Diego Symphony Orchestra AssociationFOR GENERAL SUPPORT

    References

    1. “What We Fund.” San Diego Foundation. Accessed August 8, 2025. https://www.sdfoundation.org/nonprofits/what-we-fund/
    2. Sibarium, Aaron. “UC San Diego Thought It Found a Loophole to Offer Race-Based Scholarships. Now It’s Being Sued under the KKK Act.” Washington Free Beacon, July 17, 2025. Accessed August 8, 2025. https://freebeacon.com/campus/uc-san-diego-thought-it-found-a-loophole-to-offer-race-based-scholarships-now-its-being-sued-under-the-kkk-act/
    3. Complaint, CFER v. UCSD, July 16, 2025. Pacific Legal Foundation. Accessed August 8, 2025. https://pacificlegal.org/wp-content/uploads/2025/07/2025-07-16-CFER-v-UCSD-Complaint.pdf
    4. San Diego Foundation. IRS Form 990, 2022. Accessed August 8, 2025. https://projects.propublica.org/nonprofits/organizations/952942582/202421349349305987/full
    5. “Timeline.” San Diego Foundation. Accessed August 8, 2025. https://www.sdfoundation.org/timeline/
    6. “Strategic Plan.” San Diego Foundation. Accessed August 8, 2025. https://www.sdfoundation.org/about-us/strategic-plan/
    7. “Grant: The San Diego Foundation.” PublicSafetyGrants.info. Accessed August 8, 2025. https://www.publicsafetygrants.info/Grant-Details/gid/26544
    8. “FY 2023 Annual Report.” San Diego Foundation. Accessed August 8, 2025. https://www.sdfoundation.org/annual-report/2023/
    9. “Building Resilient Communities.” San Diego Foundation. Accessed August 8, 2025. https://www.sdfoundation.org/about-us/strategic-plan/building-resilient-communities/
    10. “Mark Stuart.” LinkedIn. Accessed August 8, 2025. https://www.linkedin.com/in/mark-stuart-cfre-9611934/
    11. “Team.” San Diego Foundation. Accessed August 8, 2025. https://www.sdfoundation.org/about-us/team/