Golden State Community Foundation
TO SUPPORT PROGRAMS OF CHARITABLE ORGANIZATIONS, ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED, THAT PROMOTE EDUCATION, TEAMWORK, AND SELF-ESTEEM AMONG UNDESERVED YOUTH THROUGHOUT THE OAKLAND, SAN FRANCISCO, AND SAN JOSE AREAS.
Golden State Community Foundation
The Golden State Community Foundation is a nonprofit organization focusing on charitable purposes, including recreation, sports, leisure, and athletics. It is classified as a foundation that supports activities such as education and fund distribution. Donations to this organization are tax-deductible.
Financial Overview
As of the latest available financial data, the Golden State Community Foundation reported a revenue of $13.5 million and expenses totaling $7.66 million for the fiscal year ending June 2023. The foundation's total assets stood at $25.9 million, with liabilities amounting to $4.92 million[1].
Mission and Activities
While the specific mission and activities of the Golden State Community Foundation are not detailed in the available information, nonprofit organizations with similar focuses often engage in community development and support.
Differentiation from Similar Organizations
It is essential to differentiate the Golden State Community Foundation from other similarly named entities, such as the Golden State Warriors Community Foundation, which is known for its extensive focus on education and youth development in the Bay Area. Unlike these organizations, the Golden State Community Foundation does not have a well-documented presence in those areas based on the available data.
Conclusion
The Golden State Community Foundation operates as a tax-deductible charitable organization, but detailed information about its mission, activities, or specific community engagement is not widely available. It is important to distinguish it from other organizations with similar names to avoid confusion.
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