South Coast Foundation Inc

SACRAMENTO, CA EIN: 77-0177830

South Coast Foundation Inc is a private foundation, based in SACRAMENTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $62K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-6.4% YoY

Annual Giving

$62K

+1.4% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$15K

-23.9% YoY

Under IRS private-foundation payout rules, South Coast Foundation Inc reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About South Coast Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $305K (100%)

States

California

Cities

South Africa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,494,463	$1,597,227	$1,639,199
Revenue	$50,810	$114,812	$137,703
Expenses	$153,599	$156,784	$157,640
Qualifying Distributions	$118,566	$121,444	$123,294
Net Investment Income	$14,336	$18,030	$98,331
Distributable Amount	$128,936	$115,991	$116,249

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Woza Moya Project ($21,955), Siyakwazi ($20,000), Lesedi Educare Association ($10,000).

Recipient	Purpose	Amount
WOZA MOYA PROJECT SOUTH AFRICA, CA	GENERAL SUPPORT	$21,955
SIYAKWAZI SOUTH AFRICA, CA	GENERAL SUPPORT	$20,000
LESEDI EDUCARE ASSOCIATION SOUTH AFRICA, CA	GENERAL SUPPORT	$10,000
THANDA AFTER SCHOOL SOUTH AFRICA, CA	GENERAL SUPPORT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATHLEEN COOK	PRESIDENT	8	$38,924
ESERICK WATKINS	SECRETARY/TR	2	$10,506
JASON KRAMER	VICE PRESIDE	0.5	—

Frequently Asked Questions

How large is South Coast Foundation Inc?

As of 2024, South Coast Foundation Inc holds $1.5M in total assets with $51K in annual revenue. It awarded 4 grants totaling $62K in 2024.

Where does South Coast Foundation Inc operate?

South Coast Foundation Inc has awarded grants in California.

What size grants does South Coast Foundation Inc award?

In 2024, South Coast Foundation Inc awarded 4 grants totaling $62K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is South Coast Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, South Coast Foundation Inc reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.