College Of The Redwoods Foundation

Organization Overview

College Of The Redwoods Foundation is located in Eureka, CA. The organization was established in 1965. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, College Of The Redwoods Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of The Redwoods 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 06/2022, College Of The Redwoods Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 8.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPPORT THE EDUCATIONAL PROGRAMS OF THE REDWOODS DISTRICT BY SOLICITING AND RECEIVING GIFTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION OPERATES A CAFETERIA ON THE COLLEGE CAMPUS. THE CAFETERIA PROVIDES FOOD SERVICES TO STUDENTS AND EMPLOYEES OF THE COLLEGE.


THE FOUNDATION OPERATED A BOOKSTORE ON THE COLLEGE CAMPUS THE BOOKSTORE PROVIDES BOOKS AND SUPPLIES TO STUDENTS AND EMPLOYEES OF THE COLLEGE.


THE FOUNDATION PROVIDES SCHOLARSHIP FUNDS AND SUPPORTS VARIOUS EDUCATIONAL STUDENT PROGRAMS, COLLEGE TEAMS, AND CLUBS AT THE COLLEGE OF REDWOODS.


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Board, Officers & Key Employees

Name (title)Compensation
Dan Collen
President
$0
Monica Sperling
Past President
$0
Dr Keith Flamer
Secretary
$0
Julia Morrison
Secretary
$0
Don Olson
Vice President
$0
Marty Coelho
Executive Dir.
$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$755,385
Noncash contributions included in lines 1a–1f $14,023
Total Revenue from Contributions, Gifts, Grants & Similar$755,385
Total Program Service Revenue$1,337,348
Investment income $8,613
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 $2,452,882

Grants Recieved

Over the last fiscal year, we have identified 5 grants that College Of The Redwoods Foundation has recieved totaling $55,071.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$25,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$10,000
Vesper Society

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$10,000
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$9,967
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$104
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,247,100
Earnings$5,812
Admin Expense$33,588
Net Contributions$50,345
Other Expense$846,788
Ending Balance$3,422,881

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