Los Medanos College Foundation

Organization Overview

Los Medanos College Foundation is located in Pittsburg, CA. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Los Medanos 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, Los Medanos College Foundation generated $511.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $226.2k during the year ending 06/2021. While expenses have increased by 5.1% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP RESOURCES AND RELATIONSHIPS THAT PROVIDE FINANCIAL SUPPORT TO LOS MEDANOS COLLEGE STUDENTS THROUGH STUDENT SCHOLARSHIPS, STUDENT PROGRAMS AND SERVICES, INSTRUCTIONAL SUPPLIES, AND FACILITY IMPROVEMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE ITS FORMATION IN 1997, THE LOS MEDANOS COLLEGE (LMC) FOUNDATION HAS BEEN COMMITTED TO BUILDING PATHWAYS FOR LMC STUDENTS TO FULFILL THEIR DREAMS. THE LMC FOUNDATION RAISES FUNDS AND ALLOCATES CRITICAL FINANCIAL SUPPORT FOR EDUCATIONAL AND CAREER TECHNICAL TRAINING PROGRAMS, TEACHING FACILITIES, STUDENT SCHOLARSHIPS AND EMERGENCY FUNDS. SUPPORT TO COLLEGE PROGRAMS CONTINUES TO BE ONE OF THE LARGEST FOCUS AREAS FOR THE FOUNDATION. COLLEGE PROGRAMS DIRECTLY IMPACT STUDENTS EVERY DAY THROUGH A VARIETY OF SUCCESS INITIATIVES, MENTOR COHORTS, AND MORE. (CONTINUED ON SCHEDULE O).


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,000
All other contributions, gifts, grants, and similar amounts not included above$481,163
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$484,163
Total Program Service Revenue$0
Investment income $14,802
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,596
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $511,561

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Los Medanos College Foundation has recieved totaling $65,181.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$42,181
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$13,000
John Muir Mt Diablo Community Health Fund

Concord, CA

PURPOSE: RACE & EQUITY CURRICLM DEV

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$181,514
Earnings$22,353
Ending Balance$203,867

Peer Organizations

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