THE FOUNDATION AT HEARST CASTLE Charity Report

Public IRS 990 nonprofit record

THE FOUNDATION AT HEARST CASTLE

EIN 77-0068533 · Federated Giving Programs (T70)

What they do

The Foundation At Hearst Castles Mission is to Support The Conservation and Restoration of Hearst Castle, and to Offer Youth Programs for Underserved Middle School Students - to Enhance The Appreciation of The Art and Architecture of This World-class Museum and Monument, Ultimately Enriching The Visitor Experience and Inspiring Future Generation.The Foundation At Hearst Castle is A 501(c)(3) Nonprofit Association Affiliated With Hearst San Simeon State Historical Monument and The San Luis Obispo Coast District of California State Parks. EIN 77-0068533.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.54%of revenue went to mission work67.0% of expenses · Program services

16.13%of revenue went to fundraising16.0% of expenses

$100.80spent for every $100 of revenueSpending was higher than revenue this year.

17.14%of revenue went to management and office costs17.0% of expenses

$1.43in assets for every $1 spent this yearSome assets cannot be spent right away.

69.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,772 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $71,854 for DOUG JENZEN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$470,563

Mission workProgram services$317,80667.54% of revenue67.0% of expenses

ManagementOffice and general costs$80,63517.14% of revenue17.0% of expenses

FundraisingAsking for donations$75,89416.13% of revenue16.0% of expenses

Total expenses$474,335100.80% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 67.0% mission · 17.0% management · 16.0% fundraisingTotal expenses: 100.80% of revenue

2023Expense mix: 67.0% mission · 17.0% management · 16.0% fundraisingTotal expenses: 84.31% of revenue

2022Expense mix: 74.3% mission · 13.2% management · 12.5% fundraisingTotal expenses: 93.58% of revenue

2021Expense mix: 71.9% mission · 15.3% management · 12.7% fundraisingTotal expenses: 74.64% of revenue

2020Expense mix: 73.0% mission · 15.0% management · 11.9% fundraisingTotal expenses: 266.07% of revenue

2019Expense mix: 81.8% mission · 10.8% management · 7.4% fundraisingTotal expenses: 83.29% of revenue

2018Expense mix: 80.2% mission · 11.9% management · 7.8% fundraisingTotal expenses: 131.57% of revenue

2017Expense mix: 83.0% mission · 10.7% management · 6.4% fundraisingTotal expenses: 98.54% of revenue

Money in and money out

Revenue$470,563

Expenses$474,335

Annual shortfall $3,772 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$317,806 · 67.0% of expenses

Management and office costs$80,635 · 17.0% of expenses

Fundraising$75,894 · 16.0% of expenses

See all reported dollar amounts

Revenue$470,563

Expenses$474,335

Assets$679,238

Income$573,997

Contributions$325,307

Mission work (program services)$317,806

Fundraising$75,894

Management and general$80,635

Executive compensation (total)$115,789

Stocks and bonds$291,731

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DOUG JENZENEXECUTIVE DIRECTOR · 40 hrs/week $71,854

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

DOUG JENZENEXECUTIVE DIRECTOR

ABE MARQUEZMEMBER AT LARGE

CHRISTOPHER BURGARTDIRECTOR

DIA RIANDAPRESIDENT

DOUG AYRESDIRECTOR

EVELYN PLEMONSSECRETARY

KRISTIN RASMUSSENTREASURER

LISA HAASPRESIDENT

MARGARET KLEVINSVICE PRESIDENT

SCHUYLER HOVERSTENDIRECTOR

SUSIE BOUTONNETDIRECTOR

VICTOR HERRERADIRECTOR

WILLIAM THOMADIRECTOR

About this charity

Recognized since: January 1986
Location: 700 Hearst Castle Road, San Simeon, CA 93452
County: San Luis Obispo
In care of: Kristin Rasmussen
Primary officer: Kristin Rasmussen, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(805) 995-9720

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BURKART & STEVENS
NTEE classification: Federated Giving Programs (T70)
IRS tax category: Federated Giving Programs