Ohlone College Foundation

Organization Overview

Ohlone College Foundation is located in Fremont, CA. The organization was established in 1991. 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. Ohlone 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 06/2022, Ohlone College Foundation generated $648.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. 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

PROVIDES SUPPORT AND EDUCATIONAL OPPORTUNITIES FOR THE OHLONE COMMUNITY COLLEGE DISTRICT THROUGH SCHOLARSHIPS, FACULTY GRANTS AND COLLEGE PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OHLONE COLLEGE FOUNDATION AWARDED OVER $250,000 TO STUDENTS THROUGH SCHOLARSHIPS AND GRANTS.


THE FOUNDATION DISTRIBUTED OVER $820,000 TO OHLONE COLLEGE TO SUPPORT ACADEMIC PROGRAMS, PROFESSIONAL DEVELOPMENT, AND FACILITIES AND EQUIPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Zhu
Chair
$0
Jennifer Toy Harrison
Vice Chair
$0
Louis Willett
Legal Counsel
$0
Brad Hatton Edd
Secretary
$0
Eric Bishop Edd
Superintendent/president
$0
Binh Nguyen
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$22,750
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$365,946
Noncash contributions included in lines 1a–1f $57,333
Total Revenue from Contributions, Gifts, Grants & Similar$388,696
Total Program Service Revenue$0
Investment income $126,913
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $133,490
Net Income from Fundraising Events -$339
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $648,760

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ohlone College Foundation has recieved totaling $11,726.

Awarding OrganizationAmount
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$11,700
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$26
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,648,886
Earnings-$484,714
Admin Expense$135,663
Net Contributions$202,844
Other Expense$168,725
Grants$21,600
Ending Balance$4,041,028

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