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KERN Community Foundation

Public charityFed auditsIRS 990
Foundations · BAKERSFIELD, CA · EIN 77-0555874
OverviewMoney InMoney OutPeopleConnected OrgsAuditsPositionsInterviewEndorsements

About

KERN community foundation's mission is growing community and growing philanthropy.

Donations are tax-deductible
Category
Foundations
Employees
163
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$8.5M
Expenses
$8.8M
Assets
$46.0M
Liabilities
$6.7M

Financial history

$11.3M$5.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $8.5M · Peak FY2022: $11.3M · Avg: $6.4M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$5.2M
KERN COMMUNITY FOUNDATION
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Address

5701 Truxtun AVE STE 110
Bakersfield, CA, 93309-065

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeNo
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %25.4%
Permanent endowment %74.6%
Endowment held by related orgNo
Public records
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