The James B Mcclatchy Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
We stand with the people of the Central Valley by investing in education and active civic participation in our democracy.
- Income
- $4.6 million
- Spending
- $12.1 million
- Spent on programs
- 97%
- Reserves
- 24.2 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 7
- Volunteers
- 1
- Highest pay
- $240,325, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 50% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 24.2 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 165% of income.
Income trend
15 of 15Income rose 4356% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $11.7 million spent. The James B. McClatchy Foundation's Board has regularly assessed California's Central Valley's landscape and needs over the decadesto determine how best to help its communities. In 2016, it recognized that the needs of the Central Valley's unique populationswere only increasingto the point that a much greater long-term investment would be needed than what the Foundationcould supply.The Board developed a spend down strategy (the Sunrise Plan) geared toward building a strong, self-sustaining infrastructurethat would generate and support new and current initiatives. The strategys planning accelerated in 2019 and has now developedinto a blueprint for the future. The timeline for this strategy is to spend down JBMFs resources to build the foundation for thisinfrastructure by 2030.The Sunrise Plan is an opportunity for stakeholders and investors to create lasting change far beyond what the Foundation hasthe resources to do. While these initiatives and their results will take shape after the Foundation sunsets in 2030, we are excitedto execute our final stepswalking in harmony with our partners with both rigor and passion to ensure the stage is set for a sunrise of change and sustainability
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.