Las Positas College Foundation

Organization Overview

Las Positas College Foundation is located in Livermore, CA. The organization was established in 2003. 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. Las Positas 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, Las Positas College Foundation generated $804.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $868.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO SUPPORT AND ADVANCE THE COLLEGE AND ITS STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION BELIEVES THAT AFFORDABLE, HIGH-QUALITY EDUCATION IS CRITICAL TO THE SUCCESS OF THE TRI-VALLEY; IT ALSO REALIZES THAT SUCH EDUCATION IS NOT GUARANTEED THROUGH TRADITIONAL, STATE FUNDING. ACCORDINGLY, THE MEMBERS OF THE BOARD ARE DEDICATED TO PURSUING ALTERNATIVE SUPPORT FOR THE COLLEGE THROUGH GRANTS, DIRECT INVESTMENTS, AND IN-KIND GIFTS FROM LOCAL BUSINESSES, INDUSTRIES AND INDIVIDUALS.THE BASIC COST OF A CALIFORNIA COMMUNITY COLLEGE EDUCATION IS A REMARKABLE BARGAIN FOR STUDENTS WISHING TO PREPARE FOR TRANSFER TO A FOUR-YEAR INSTITUTION OR FOR THOSE WHO WANT CAREER TECHNICAL INSTRUCTION. CLASS FEES FOR RESIDENTS ARE JUST $46 PER CREDIT. IN ACTUALITY, HOWEVER, THE TRUE ACTUAL AND EMOTIONAL COSTS OF HIGHER EDUCATION MUST ALSO INCLUDE CHILD CARE, TRANSPORTATION, AND LOST WORK AND FAMILY TIME. FAR AND AWAY THE MOST EASILY QUANTIFIED ADDITIONAL COSTS ARE FOR SUPPLIES, PRINCIPALLY TEXTBOOKS. A SINGLE TEXT OFTEN COSTS IN EXCESS OF $100 AND CAN EXCEED $400. SADLY, THESE "EXTRA" COSTS CAN FORCE SOME STUDENTS TO ATTEMPT TO TAKE CLASSES WITHOUT A TEXTBOOK OR, WORSE, DROP OUT OF COLLEGE. MAKING SCHOLARSHIPS AVAILABLE TO LAS POSITAS COLLEGE STUDENTS IS CRITICAL TO THEIR SUCCESS. EACH YEAR THE LAS POSITAS COLLEGE FOUNDATION MAKES GRANTS AVAILABLE TO STUDENTS BASED ON NEED AND/OR ACADEMIC ACHIEVEMENT. SCHOLARSHIPS ARE MOST OFTEN OFFERED TO ANY STUDENT WHO QUALIFIES BUT SOME ARE FOCUSED ON SPECIAL TYPES OF STUDENTS. THIS INCLUDES RE-ENTRY, FIRST GENERATION, STEM AND VETERAN COHORT GROUPS.BEYOND DIRECT AID TO STUDENTS IN THE FORM OF SCHOLARSHIPS, THE LAS POSITAS COLLEGE FOUNDATION SUPPORTS A BROAD ARRAY OF PROGRAMS THAT ENHANCE THE LEARNING AND COLLEGIATE EXPERIENCE OF ITS STUDENTS AND ABILITY OF ITS FACULTY TO BE MORE EFFECTIVE. EXAMPLES OF THESE OTHER TYPES OF SUPPORT ARE:LITERARY AND PERFORMING ARTS:-LPC EXPRESS STUDENT NEWSPAPER -CAMPUS AND COMMUNITY FOCUSED LITERARY MAGAZINE, ANTHOLOGY AND FEATURE MAGAZINE, NAKED-THEATER PERFORMANCES OF DRAMA, DANCE AND MUSIC -BLACK HISTORY MONTH PROGRAMMING AND ACTIVITIES-AWARD WINNING SPEECH AND DEBATE TEAMATHLETICS:-AWARDED $10,000 IN SCHOLARSHIP AWARDS TO DESERVING MALE & FEMALE STUDENT ATHLETES ON LPC BASKETBALL TEAMS TEACHING AND LEARNING INITIATIVES:-STAFF DEVELOPMENT -FACULTY ENRICHED PROGRAMS -STUDENT GOVERNMENT TEXTBOOK LOANER PROGRAM-CONTINUED SUPPORT FOR MATH JAM, SANDIA SCIENCE BOWL, AND COLLABORATION WITH UMOJA AND PUENTE LEARNING COMMUNITIES.EMERGING SCIENCE PROGRAMS: -SANDIA SCIENCE BOWL -COLLABORATION WITH PUENTE PROGRAM STEM PROJECTS-LAWRENCE LIVERMORE NATIONAL LABORATORIES INTERNSHIP PROGRAM FOR LPC VETERAN STUDENTSSCHOLARSHIPS: ONE OF THE PRIMARY MISSIONS OF THE FOUNDATION IS TO PROVIDE SCHOLARSHIPS. TO DATE ALMOST $2 MILLION HAS BEEN AWARDED TO DESERVING STUDENTS. THE LARGEST ENDOWED FUND IS COMPRISED OF THE MERTES SCHOLARSHIPS FOR PERFORMING ARTS, TRANSFER, ALLIED HEALTH AND ATHLETICS. PERFORMING ARTS: THE PERFORMING ARTS PROGRAM AND LAS POSITAS COLLEGE IS SUPPORT BY THE FOUNDATION THROUGH CYCLE GRANTS AND SPECIAL FUNDRAISING, INCLUDING PROVIDING APPLIED MUSIC LESSONS TO HELP STUDENTS COMPLETE THIS GRADUATION REQUIREMENT. SCHOLARSHIPS ARE PROVIDED FOR PERFORMING ARTS STUDENTS CONTINUING TO A FOUR-YEAR COLLEGE. VETERAN STUDENT SUPPORT: THE FOUNDATION STRONGLY SUPPORTS VETERANS ENROLLED AT LPC. THE VETERANS RESOURCE CENTER PROVIDES WRAP-AROUND SERVICES SUCH AS TEXTBOOK AND LAPTOP PROGRAMS, TUTORING, SCHOLARSHIP ASSISTANCE, COUNSELING AND HELP WITH JOBS AND HOUSING. THE FOUNDATION ASSISTS WITH THE COORDINATION OF THE CYCLING 4 VETERANS EVENT, RAISING OVER $60,000 FOR CAMPUS AND COMMUNITY VETERAN SUPPORT PROGRAMS.TUTORING: THE AWARD-WINNING LPC MATH JAM PROGRAM HELPS STUDENTS REACH THEIR GOALS AND IS OFFERED AT NO COST. THE FOUNDATION ALSO SUPPORTS THE RAW CENTER, FOR STUDENT ASSISTANCE IN READING AND WRITING. TEXTBOOK ASSISTANCE: THE FOUNDATION SUPPORTS A FREE TEXTBOOK RENTAL PROGRAM TO HELP STUDENTS REDUCE THE COST OF COLLEGE ATTENDANCE. ATHLETICS: TWO SCHOLARSHIPS ARE DESIGNATED FOR MALE AND FEMALE STUDENTS IN THE BASKETBALL PROGRAM. TEACHING AND LEARNING INITIATIVES: THE FOUNDATION PROVIDES FUNDING FOR INNOVATIVE TEACHING AND LEARNING PROJECTS TO THE FACULTY AND STAFF OF LAS POSITAS COLLEGE. THESE GRANTS PROVIDE SUPPORT FOR STUDENT SUCCESS, TEACHING AND LEARNING EFFECTIVENESS AND CAMPUS COMMUNITY DEVELOPMENT.DIVERSITY, INCLUSION AND ANTI-RACISM EFFORTS:THE FOUNDATION PARTNERS WITH THE COLLEGE PRESIDENT'S OFFICE ON THE PRESIDENTS SPEAKER SERIES. IN 2020, THE SERIES SERVED AS AN INTEGRAL PART OF THE CAMPUS' STRATEGIC EFFORTS RELATED TO DIVERSITY, INCLUSION AND ANTI-RACISM. EMERGING SCIENCE PROGRAMS: THE FOUNDATION WORKS WITH THE COMMUNITY LABORATORIES TO ENHANCE SCIENCE EDUCATION THROUGH EVENTS SUCH AS THE SCIENCE AND ENGINEERING SEMINAR SERIES AND THE SANDIA SCIENCE BOWL FOR MIDDLE SCHOOL STUDENTS. SUPPORT FOR STUDENTS WITH CHILDREN: THE FOUNDATION PROVIDES SCHOLARSHIPS FOR CHILDREN OF LAS POSITAS COLLEGE STUDENTS TO ATTEND THE LPC EARLY CHILDHOOD DEVELOPMENT CENTER. PARENTS CAN REACH THEIR EDUCATIONAL GOALS KNOWING THEIR CHILDREN ARE IN A HIGH QUALITY PRESCHOOL PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth Cooper
Executive Director
$45,786
Stephen Lanza
Chair
$0
Dyrell Foster
Secretary
$0
Charles Crohare
Treasurer
$0
Lori Souza
Immediate Past Chair
$0
Gavin Shea
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$620,946
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$620,946
Total Program Service Revenue$0
Investment income $175,818
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,880
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $804,644

Grants Awarded

Over the last fiscal year, Las Positas College Foundation has awarded $21,533 in support to 3 organizations.

Grant RecipientAmount

SENTINELS OF FREEDOM

Org PageRecipient Profile

San Ramon, CA

PURPOSE: Veterans' support

$7,178

PLEASANTON MILITARY FAMILIES

Org PageRecipient Profile

Pleasanton, CA

PURPOSE: Veterans' support

$7,178

BLUE STAR MOMS - DANVILLE

Org PageRecipient Profile

San Ramon, CA

PURPOSE: Veterans' support

$7,177
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Las Positas College Foundation has recieved totaling $105,335.

Awarding OrganizationAmount
The Albertsons Companies Foundation

Pleasanton, CA

PURPOSE: VETERANS

$40,000
Center For Advancing Women In Technology

Milpitas, CA

PURPOSE: TO ASSIST IN THE ADOPTION OF APPLIED PROGRAMMING EXPERIENCE COMPUTING MODULES

$35,385
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$19,933
Livermore Lab Foundation

Oakland, CA

PURPOSE: Fellowship payments

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$17
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,174,745
Earnings$2,837,493
Admin Expense$126,296
Net Contributions$339,500
Grants$405,185
Ending Balance$9,820,257

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