Foundation For California Community Colleges is located in Sacramento, CA. The organization was established in 1999. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Foundation For California Community Colleges employed 4,479 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For California Community Colleges 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 06/2023, Foundation For California Community Colleges generated $157.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $145.9m during the year ending 06/2023. While expenses have increased by 22.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation For California Community Colleges has awarded 1,512 individual grants totaling $67,874,475. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BENEFIT, SUPPORT, AND ENHANCE THE MISSIONS OF THE CALIFORNIA COMMUNITY COLLEGE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUITY & COMMUNITY IMPACT: DISTRIBUTE HUNDREDS OF MILLIONS IN STATEWIDE EMERGENCY RELIEF DOLLARS THROUGH PARTNERSHIPS WITH CALIFORNIA STATE AGENCIES, WHICH RAPIDLY CONNECTS CALIFORNIANS WITH PUBLIC RESOURCES AND BENEFITS TO ADDRESS CRUCIAL NEEDS SUCH AS CHILDCARE, HIGHER EDUCATION SAVINGS PLANS, AND PANDEMIC-RELATED HARDSHIPS. OPERATE PROGRAMS WHICH PROVIDE QUALITY RESOURCES AND BASIC NEEDS SUPPORT TO HELP INDIVIDUALS OVERCOME BARRIERS SUCH AS FOOD AND HOUSING SECURITY AND MENTAL HEALTH CHALLENGES, INCLUDING THROUGH STUDENT AMBASSADOR PROGRAMS WHICH TRAIN LEADERS IN PEER-TO-PEER OUTREACH. PROVIDE DIRECT SUPPORT TO GROUPS WHO HAVE BEEN HISTORICALLY UNDERSERVED BY HIGHER EDUCATION, INCLUDING UNDOCUMENTED STUDENTS, FOSTER YOUTH, LGBTQ+ INDIVIDUALS, AND MORE. CONDUCT PROGRAMS AND PUBLIC AWARENESS CAMPAIGNS TO INCREASE PARTICIPATION IN PROGRAMS RELATED TO ENVIRONMENTAL EQUITY, CLEAN ENERGY, AND TRANSPORTATION, AND WHICH DIRECTLY BENEFIT COLLEGES, STUDENTS, AND THEIR COMMUNITIES.
WORKFORCE DEVELOPMENT AND CLIMATE ACTION:DESIGN AND OPERATE PROGRAMS WHICH PROVIDE OPPORTUNITIES FOR CALIFORNIANS TO ENTER THE WORKFORCE PREPARED FOR REWARDING CAREERS AND TO MEET THE STATE'S FUTURE ECONOMIC CHALLENGES AND OPPORTUNITIES. FACILITATE WORK-BASED LEARNING OPPORTUNITIES, INCLUDING PAID INTERNSHIPS AND APPRENTICESHIPS, FOR HIGH SCHOOL AND COLLEGE STUDENTS. PROVIDE TECHNICAL ASSISTANCE TO HELP STATEWIDE PARTNERSHIPS DEVELOP PROGRAMS AND RESPONSIVE TRAINING INNOVATIONS THAT BETTER PREPARE CALIFORNIA'S WORKFORCE TO MEET THE NEEDS OF OUR EVOLVING ECONOMY. SECURE RESOURCES AND PROVIDE DIRECT SUPPORT TO COMMUNITY COLLEGES TO LEVERAGE THEIR EXISTING STRENGTHS IN SUSTAINABILITY LEADERSHIP, WORKFORCE DEVELOPMENT FOR CLIMATE-READY CAREERS, AND COMMUNITY ENGAGEMENT FOR CLIMATE RESILIENCE.
STUDENT SUCCESS:PROVIDE PROFESSIONAL DEVELOPMENT, RESEARCH AND POLICY SUPPORT, AND OPERATE OTHER PROGRAMS AND SERVICES WHICH ACCELERATE STUDENT CERTIFICATE AND DEGREE ATTAINMENT, AND TRANSFER RATES ACROSS THE CALIFORNIA COMMUNITY COLLEGES. SUPPORT THE CALIFORNIA COMMUNITY COLLEGES AS THEY IMPLEMENT STUDENT SUCCESS REFORMS TO STREAMLINE CURRICULUM PATHWAYS, CLOSE EQUITY GAPS, AND IMPROVE ECONOMIC OUTCOMES FOR DIVERSE STUDENT POPULATIONS.
SYSTEMS SUPPORT & SERVICES (INCLUDES COLLEGEBUYS): DISTRIBUTE MILLIONS OF DOLLARS IN SCHOLARSHIPS AND THOUSANDS IN EMERGENCY AID FOR COMMUNITY COLLEGE STUDENTS TO REMOVE FINANCIAL BARRIERS AND PROVIDE SUPPORT IN TIMES OF RECOVERY FROM NATURAL DISASTERS, ECONOMIC DISRUPTION, OR OTHER UNIMAGINED CHALLENGES. DEVELOP AND MANAGE SYSTEMWIDE TOOLS, RESOURCES, AND SERVICES, AND PROVIDE A HUB FOR COLLABORATION FOR COLLEGES AND MISSION-ALIGNED PARTNERS TO NAVIGATE AND COORDINATE WITHIN A LARGE AND DECENTRALIZED SYSTEM. OPERATE THE AGGREGATE PURCHASING PROGRAM ON BEHALF OF THE CALIFORNIA COMMUNITY COLLEGES, WHICH PROVIDES HUNDREDS OF MILLIONS IN COST SAVINGS TO COLLEGES TO BE REINVESTED IN STUDENT SUCCESS, AND TO STUDENTS TO ENSURE THEY HAVE THE TECHNOLOGY AND EDUCATIONAL RESOURCES THEY NEED TO LEARN. PROVIDE FISCAL SPONSORSHIP AND MANAGEMENT SERVICES TO MISSION-ALIGNED PARTNERS TO HELP INCUBATE, SCALE, AND SUSTAIN CREATIVE ENDEAVORS TO IMPROVE EDUCATIONAL OPPORTUNITIES AND OUTCOMES FOR ALL CALIFORNIANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Geneve Villacres Chair | OfficerTrustee | 0 | $0 |
Patrick Mulvaney Vice-Chair | OfficerTrustee | 0 | $0 |
Jennifer Perry Secretary/treasurer/audit Committee Chair | OfficerTrustee | 0 | $0 |
Darius Anderson Director | Trustee | 0 | $0 |
Elmy Bermejo Director | Trustee | 0 | $0 |
Kate Wright Director/dei Committee Chair | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
National Center For Inquiry & Improvemen Program Implementation Partner | 6/29/23 | $1,611,015 |
Jobs For The Future Program Implementation Partner | 6/29/23 | $1,375,921 |
909 Technologies Technology Maintenance And Operations Su | 6/29/23 | $910,640 |
Design Media Program Implementation Partner | 6/29/23 | $478,178 |
Technology Works Inc Technology Maintenance And Operations Su | 6/29/23 | $438,780 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,433,604 |
All other contributions, gifts, grants, and similar amounts not included above | $8,934,899 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,368,503 |
Total Program Service Revenue | $136,240,997 |
Investment income | $2,592,302 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $472,512 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $157,674,314 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $22,239,163 |
Grants and other assistance to domestic individuals. | $34,125 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,035,703 |
Compensation of current officers, directors, key employees. | $1,915,475 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $66,363,496 |
Pension plan accruals and contributions | $5,887,297 |
Other employee benefits | $7,132,947 |
Payroll taxes | $4,604,277 |
Fees for services: Management | $0 |
Fees for services: Legal | $20,139 |
Fees for services: Accounting | $182,717 |
Fees for services: Lobbying | $36,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,000,271 |
Advertising and promotion | $0 |
Office expenses | $3,738,591 |
Information technology | $6,517,431 |
Royalties | $0 |
Occupancy | $1,797,212 |
Travel | $1,334,909 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,639,159 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $406,007 |
Insurance | $312,700 |
All other expenses | $0 |
Total functional expenses | $145,948,196 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $170,635,711 |
Savings and temporary cash investments | $7,975,086 |
Pledges and grants receivable | $13,228,151 |
Accounts receivable, net | $25,811,872 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $9,661 |
Prepaid expenses and deferred charges | $2,812,683 |
Net Land, buildings, and equipment | $126,641 |
Investments—publicly traded securities | $103,798,223 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,572,601 |
Total assets | $325,970,629 |
Accounts payable and accrued expenses | $19,751,448 |
Grants payable | $2,914,458 |
Deferred revenue | $67,470,570 |
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 | $110,245,614 |
Total liabilities | $200,382,090 |
Net assets without donor restrictions | $44,004,984 |
Net assets with donor restrictions | $81,583,555 |
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 | $325,970,629 |
Over the last fiscal year, Foundation For California Community Colleges has awarded $22,229,163 in support to 312 organizations.
Grant Recipient | Amount |
---|---|
KERN CCD PURPOSE: AMAZON WEB SERVICES SCHOLARSHIP GRANT | $32,500 |
SANTA ANA COLLEGE FOUNDATION PURPOSE: AMAZON WEB SERVICES SCHOLARSHIP GRANT | $6,000 |
SANTA MONICA COLLEGE FOUNDATION PURPOSE: AMAZON WEB SERVICES SCHOLARSHIP GRANT | $44,500 |
CANAL ALLIANCE PURPOSE: BREAKING BARRIERS | $104,832 |
CHINATOWN SERVICE CENTER PURPOSE: BREAKING BARRIERS | $21,711 |
CLIMB HIRE INC PURPOSE: BREAKING BARRIERS | $149,963 |