Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Quest Foundation, based in Danville, California, is a philanthropic organization with assets totaling over $104 million. The foundation focuses on a wide range of educational and human services initiatives, including elementary and secondary education, charter school education, higher education, reading promotion, and youth development. It also supports family services and child welfare. The foundation operates primarily in the United States, funding projects in numerous cities across states such as California, New York, and Washington. In the fiscal year, the foundation reported expenses of approximately $8.85 million and revenue of about $6.45 million. Key personnel include Derek Jernstedt, the Executive Director, CFO, and Director, who works 32 hours a week with a compensation of $182,259, and Dorothy Jernstedt, the President and Director, who serves without compensation. The foundation's efforts are directed towards enhancing educational opportunities and supporting community welfare.
Focus Areas
Geographic Focus
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Financials
+2.6% from previous year
173 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $150,000 | FRIENDS OF THE CHILDREN - SF BAY AREA | FRIENDS OF THE CHILDREN - SF BAY AREA - THREE PROFESSIONAL MENTORS | San francisco, CA, US | 2022 |
| $150,000 | NEW LEADERS | NEW LEADERS PRINCIPAL PARTNERS PROGRAM | New york, NY, US | 2022 |
| $150,000 | FRIENDS OF THE CHILDREN - SF BAY AREA | IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELA... | San francisco, CA, US | 2023 |
| $150,000 | KIPP LA SCHOOLS | GENERAL OPERATING SUPPORT | Los angeles, CA, US | 2023 |
| $150,000 | NEW LEADERS | NEW LEADERS PRINCIPAL PARTNERS PROGRAM | New york, NY, US | 2023 |
| $150,000 | TEACH FOR AMERICA | FINDS, DEVELOPS, AND SUPPORTS EQUITY-ORIENTED LEADERS-INDIVIDUALLY AND IN TEAMS-SO THEY CAN TRANSFOR... | Los angeles, CA, US | 2023 |
| $150,000 | FRIENDS OF THE CHILDREN SF BAY AREA | EMPOWER THE CHILDREN FACING THE BIGGEST OBSTACLES TO BREAK THE GENERATIONAL CYCLE OF POVERTY | San francisco, CA, US | 2024 |
| $150,000 | KIPP SOCAL PUBLIC SCHOOL | TO PROVIDE EDUCATION | Los angeles, CA, US | 2024 |
| $150,000 | TEACH FOR AMERICA | FINDS, DEVELOPS, AND SUPPORTS EQUITY-ORIENTED LEADERS-INDIVIDUALLY AND IN TEAMS-SO THEY CAN TRANSFOR... | Los angeles, CA, US | 2024 |
| $135,000 | FRIENDS OF THE CHILDREN - PORTLAND | IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELA... | Portland, OR, US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
DJ
DEREK JERNSTEDT
| EXECUTIVE DIRECTOR, CFO & DIRECTOR | $182,259 | 2024 |
DJ
DOROTHY JERNSTEDT
| PRESIDENT & DIRECTOR | $0 | 2024 |
JJ
JENNIFER JERNSTEDT
| SECRETARY, AUDIT COMMITTEE CHAIR & DIR | $0 | 2024 |
DEREK JERNSTEDT
EXECUTIVE DIRECTOR, CFO & DIRECTOR
DOROTHY JERNSTEDT
PRESIDENT & DIRECTOR
JENNIFER JERNSTEDT
SECRETARY, AUDIT COMMITTEE CHAIR & DIR
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025