Santa Fe Community College Foundation
- Assets
- $12.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 11/2005
- Data as of
- 06/2021
- EIN
- 20-1594570
Organization Overview
Santa Fe Community College Foundation is located in Santa Fe, NM. The organization was established in 2005. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe Community College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Santa Fe Community College Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Santa Fe Community College Foundation has awarded 16 individual grants totaling $6,429,915. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SANTA FE COMMUNITY COLLEGE FOUNDATION (SFCCF) IS TO ACT PRIMARILY AS A FUNDRAISING AND ADVOCACY ORGANIZATION TO ADVANCE THE MISSION OF SANTA FE COMMUNITY COLLEGE AND TO SUPPLEMENT RESOURCES AVAILABLE TO THE COLLEGE AND TO STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SFCCF ACTIVITIES DURING THE 06/30/2021 TAX YEAR FURTHERED THE EXEMPT PURPOSE OF SANTA FE COMMUNITY COLLEGE. SFCCF PROVIDED RESOURCES FOR SANTA FE COMMUNITY COLLEGE AND ITS STUDENTS. THROUGH ENDOWED AND NON-ENDOWED SCHOLARSHIPS, SFCC FOUNDATION PROVIDED APPROXIMATELY 600 SCHOLARSHIPS TOTALING $269,360 TO QUALIFYING STUDENTS FOR TUITION, TEXTBOOKS AND BASIC LIFE EXPENSES TO ENSURE STUDENT SUCCESS. IN ADDITION, SFCCF PROVIDES FINANCIAL SUPPORT FOR AWARDS, RECOGNITION EVENTS AND SPECIAL PROGRAMS FOR SANTA FE COMMUNITY COLLEGE. THE ORGANIZATION REIMBURSED SANTA FE COMMUNITY COLLEGE $646,782 FOR EXPENSES. THE MAJORITY OF RESOURCES SFCCF HOLDS AND INVESTS ARE RESTRICTED TO THE ACTIVITIES OF THE COLLEGE BY THE DONORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Gaber Treasurer | OfficerTrustee | 1 | $0 |
Jeffrey Szabat President | OfficerTrustee | 1 | $0 |
Danika Padilla Secretary | OfficerTrustee | 1 | $0 |
Sheila Plunkett Vice President | OfficerTrustee | 1 | $0 |
Michael C Davis Vice President | OfficerTrustee | 1 | $0 |
Deborah Boldt Executive Director | Officer | 22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $284,763 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $914,088 |
| Noncash contributions included in lines 1a–1f | $316,108 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,198,851 |
| Total Program Service Revenue | $0 |
| Investment income | $179,490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,378,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $916,142 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $250,556 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,399 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,406 |
| Office expenses | $220 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,294 |
| All other expenses | $1,346 |
| Total functional expenses | $1,261,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,822 |
| Savings and temporary cash investments | $45,929 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,961,433 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $899,638 |
| Total assets | $12,276,822 |
| Accounts payable and accrued expenses | $7 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $254,005 |
| Total liabilities | $254,012 |
| Net assets without donor restrictions | $939,711 |
| Net assets with donor restrictions | $11,083,099 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,276,822 |
Grants Awarded
Over the last fiscal year, Santa Fe Community College Foundation has awarded $916,142 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM PURPOSE: PROGRAM SUPPORT | $646,782 |
Santa Fe, NM PURPOSE: SCHOLARSHIPS | $269,360 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Santa Fe Community College Foundation has recieved totaling $756,154.
| Awarding Organization | Amount |
|---|---|
Reinvent Stockton Foundation Stockton, CA PURPOSE: GRANT FOR CITY TO LAUNCH ITS OWN GUARANTEED INCOME PILOT | $500,000 |
Thornburg Foundation Santa Fe, NM PURPOSE: SFCC EARLY CHILDHOOD CENTER TO SUSTAIN AND EXPAND THE FIRST BORN HOME VISITING PROGRAM | $97,000 |
Gale Family Foundation Minneapolis, MN PURPOSE: GENERAL UNRESTRICTED | $40,000 |
David P Prescott Family Foundation Santa Fe, NM PURPOSE: SCHOLARSHIP SUPPORT | $25,000 |
Robert T Keeler Foundation El Prado, NM PURPOSE: PROJECT/PROGRAM SUPPORT | $25,000 |
Santa Fe Community Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $24,782 |
Endowment Analysis
| Beg. Balance | $7,665,321 |
| Earnings | $2,234,423 |
| Net Contributions | $94,138 |
| Grants | $309,642 |
| Ending Balance | $9,684,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
America Can Cars For Kids Dallas, TX | $4,240,577 | $12,374,341 |
Friends Of Imagine International Academy Of North Texas Mckinney, TX | $32,038,501 | $13,231,420 |
Cynthia & Geo Mitchell Foundation The Woodlands, TX | $379,261,425 | $375,406 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Wgu Advancement Salt Lake City, UT | $262,529 | $10,776,481 |
University Of Texas Law School Foundation Austin, TX | $263,458,115 | $22,437,207 |
University Of Utah Research Foundation Salt Lake City, UT | $360,749,047 | $26,132,674 |
Dallas Seminary Foundation Dallas, TX | $76,216,359 | $8,000,736 |
Sul Ross State University Foundation Alpine, TX | $1,687,998 | $1,230,429 |
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |