Nonprofits›Friends Of The Public Bank East Bay

Public & Societal Benefit

Friends Of The Public Bank East Bay

OAKLAND, CA

Website

Total revenue

$296K

Total expenses

$322K

Net assets

$643K

Grants received

$875K

6 grants

EIN

844537320

Tax year

2024

Mission

The mission of the Friends of the Public Bank East Bay (FPBEB) is to work with local cities and counties to establish a Public Bank in the East Bay Region of the San Francisco, California Bay Area.

Financials

FY 2024

Revenue

Contributions & grants$277K
Program service revenue—
Investment income$20K
Other revenue—
Total revenue$296K

Expenses

Grants paid—
Salaries & benefits$197K
Fundraising$3K
Other expenses$125K
Total expenses$322K
Total assets$643K
Net assets$643K

People

10 listed

NameRoleCompensation

Scott Waite

CEO

Board

$135K

20 hrs/wk

Deborah Notkin

Chair/Secretary

Board

—

20 hrs/wk

George Y Quaye

Treasurer

Board

—

10 hrs/wk

Susan Harman

Director

Board

—

40 hrs/wk

Margie Lewis

Director

Board

—

20 hrs/wk

Baba Kofi Weusijana

Director

Board

—

5 hrs/wk

Brian McKeown

Director

Board

—

10 hrs/wk

Didacus Ramos

Director

Board

—

5 hrs/wk

Ariana Miller

Director

Board

—

5 hrs/wk

Julian LaRosa

Director

Board

—

5 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
The James Irvine Foundation
$300K
To support the launch of a public bank
2023
THE SAN FRANCISCO FOUNDATION
$75K
FOR GENERAL SUPPORT.
2023
Rise Economy
$50K
to establish a Public Bank
2023
THE CALIFORNIA WELLNESS FOUNDATION
$300K
FOR PROJECT SUPPORT TO DEVELOP A BUSINESS PLAN TO LAUNCH A COMMUNITY-GOVERNED PUBLIC BANK SERVING THE SAN FRANCISCO EAST BAY THAT AIMS TO INCREASE INVESTMENTS IN SOCIAL DETERMINANTS OF HEALTH.
2022
THE SAN FRANCISCO FOUNDATION
$75K
PROGRAM - TO SUPPORT PUBLIC BANKING
2022
THE SAN FRANCISCO FOUNDATION
$75K
PROGRAM - TO CREATE A BUSINESS PLAN FOR A PUBLIC BANK THAT ENABLES DIVESTMENT OF PUBLIC RESOURCES FROM WALL STREET BANKS AND RE-INVESTS THOSE RESOURCES IN LOCAL WEALTH BUILDING IN THE EAST BAY.
2021

Funded by

$875K from 4 funders · 6 grants · 2021–2023

The James Irvine Foundation

$300K · 1 grant · 2023

The California Wellness Foundation

$300K · 1 grant · 2022

The San Francisco Foundation

$225K · 3 grants · 2021–2023

Rise Economy

$50K · 1 grant · 2023

Details

EIN844537320
NTEE codeW60
Subsection03
Ruling date2020-07
Formed2020
Employees1
Volunteers15
FRIENDS OF THE PUBLIC BANK EAST BAY — Mission, Financials & Grants Received | Grantivo