BAY AREA COUNCIL FOUNDATION
353 SACRAMENTO STREET 10TH FLOOR, SAN FRANCISCO, CA 94111 www.bayareacouncil.org

Total Revenue
$2,289,035
Total Expenses
$2,229,950
Net Assets
$282,923

Organizations Filed Purposes: OUR VISION OF A STRONGER, INNOVATIVE, GLOBALLY COMPETITIVE AND MORE VIBRANT REGION IS EMPOWERED BY OUR MISSION TO SUPPORT THE BAY AREA COUNCIL AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER MORE VIBRANT COMMUNITIES; A HEALTHY ECONOMY AND A MORE INNOVATIVE AND GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA. BACKED BY THE BAY AREA COUNCIL A 501(C)(4) ORGANIZATION WITH OVER 60 YEARS OF EXPERIENCE AND A SUCESSFUL TRACK RECORD IN THE POLICY ARENA, WE PROVIDE A STRONG FRAMEWORK AND RESOURCE BASE FOR ADDRESSING THE INTERDEPENDENT FORCESTHAT GOVERN THE REGIONAL ECONOMY WITH AN EYE ON LOCAL, STATE, NATIONAL AND INTERNATIONAL FACTORS. THE FOUNDATION WORK CAN BE SUMMARIZED IN THREE KEY WORDS: RESEARCHING; EDUCATING; IMPLEMENTING.

THE BAY AREA COUNCIL FOUNDATION (BACF) IS A 501(C)(3) CHARITABLE ORGANIZATION FOUNDED IN 2004 TO FUND, MANAGE AND IMPLEMENT INITIATIVES THAT IMPACT THE ENTIRE BAY AREA REGION OF CALIFORNIA. THE MISSION OF BACF IS TO SUPPORT THE BAY AREA COUNCIL (BAC) AND INVEST PHILANTHROPIC RESOURCES TOWARD BUILDING STRONGER, MORE VIBRANT COMMUNITIES, A HEALTHY ECONOMY, AND A MORE INNOVATIVE, GLOBALLY COMPETITIVE AND SUSTAINABLE BAY AREA REGION. WE DO NOT MAKE GRANTS AND FUNCTION LARGELY AS AN OPERATING FOUNDATION.

ECONOMIC INSTITUTE (EI)- VARIOUS SPECIFIC RESEARCH PROJECTS FOR WHICH ECONOMIC REPORTS AND ANALYSIS WERE PREPARED AND COMMUNICATED TO THE BUSINESS COMMUNITY AND BAC MEMBERS. THE EI REVENUE AND EXPENSE FIGURES REPRESENT THE AUDITED FINANCIALS FOR THE ECONOMIC INSTITUTE SEGMENT OF THE BAY AREA COUNCIL FOUNDATION BUSINESS. NOTE THERE ARE CONTRACTUAL TIMING DIFFERENCES RELATIVE TO REVENUE AND EXPENSES RECOGNITION WITH EACH SPECIFIC RESEARCH PROJECT THAT MAY STRADDLE THE 2019 FINANCIAL YEAR. UPON COMPLETION, ALL PROJECT FINANCIALS REFLECT FAVORABLE RESULTS.

EDUCATION - WE BELIEVE IS ONE OF THE TOP COMPETITIVE FACTORS SHAPING THE BAY AREA. THEREFORE THE BACF HELPS DRIVE INITIATIVES TO HELP RAISE CALIFORNIA STUDENT ACHIEVEMENT THROUGH DATA, TEACHER QUALITY. WE HAVE KEY INITIATIVES GEARED TOWARD IMPROVING THE OUTCOMES OF THE STATES P-12 EDUCATION SYSTEM. WE ALSO EXPLORE HOW TO INCREASE LOW-INCOME ACCESS TO EARLY CHILD CARE IN THE BAY AREA AND STATE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Julie RoweCONTROLLER1$0
John GrubbCOO1$0
James WundermanPRESIDENT AND CEO1$0
Glenn ShannonBOARD MEMBER1$0
Ivar SateroBOARD MEMBER1$0
Christopher RivielleBOARD MEMBER1$0
Liz MinickBOARD MEMBER1$0
Gary MeltzerBOARD MEMBER1$0
Peg McallisterBOARD MEMBER1$0
James LevineBOARD MEMBER1$0
Mahesh KharkarBOARD MEMBER1$0
Samuel HawgoodBOARD MEMBER1$0
Lisa DanielsBOARD MEMBER1$0
Ranjana ClarkBOARD MEMBER1$0
Robert JamesTREASURER1$0
Andrew GiacominiSECRETARY1$0
Mary HussBOARD CHAIR1$0

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