San Juan College Foundation

Organization Overview

San Juan College Foundation is located in Farmington, NM. The organization was established in 2016. 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 06/2022, San Juan College Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Juan 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, San Juan College Foundation generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, San Juan College Foundation has awarded 27 individual grants totaling $28,405,424. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE SAN JUAN COLLEGE FOUNDATION IS TO PROVIDE PRIVATE SECTOR RESOURCES FOR THE ADVANCEMENT OF SAN JUAN COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAN JUAN COLLEGE FOUNDATION ACTS PRIMARILY AS A FUNDRAISING ORGANIZATION TO SUPPLEMENT THE RESOURCES THAT ARE AVAILABE TO SAN JUAN COLLEGE (A NEW MEXICO STATE GOVERNMENTAL COLLEGE). ALTHOUGH THE COLLEGE DOES NOT CONTROL THE TIMING OR AMOUNT OF RECEIPTS FROM THE FOUNDATION, THE MAJORITY OF RESOURCES, OR INCOME THEREON THAT THE FOUNDATION HOLDS AND INVESTS ARE RESTRICTED TO THE ACTIVITIES OF THE COLLEGE BY THE DONORS. THE ORGANIZATION PROVIDED SCHOLARSHIP SUPPORT TO APPROXIMATELY 1,105 STUDENTS VALUED AT $532,925. IN ADDITION, IT PROVIDED SUPPORT FOR AWARDS, PROGRAMS, AND RELATIONS VALUED AT $442,601 TO SAN JUAN COLLEGE. THE ORGANIZATION REIMBURSED SAN JUAN COLLEGE $316,295 FOR OPERATIONAL EXPENSES INCURRED BY THE COLLEGE TO OPERATE.


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Board, Officers & Key Employees

Name (title)Compensation
Gayle A Dean
Executive Dir.
$110,863
Mark Stockham
Secretary
$0
Dr Toni Pendergrass
Director
$0
Brandon Jakino
Treasurer
$0
Kathy Jo Myers
Vice President
$0
Danny Beyhan
Director
$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$1,136,083
Noncash contributions included in lines 1a–1f $18,330
Total Revenue from Contributions, Gifts, Grants & Similar$1,136,083
Total Program Service Revenue$0
Investment income $507,949
Tax Exempt Bond Proceeds $0
Royalties $26,643
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,084,023
Net Income from Fundraising Events -$23,240
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,731,458

Grants Awarded

Over the last fiscal year, San Juan College Foundation has awarded $975,526 in support to 2 organizations.

Grant RecipientAmount

Farmington, NM

PURPOSE: STUDENT SCHOLARSHIPS

$532,925

Farmington, NM

PURPOSE: PROGRAM SUPPORT

$442,601
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that San Juan College Foundation has recieved totaling $157,280.

Awarding OrganizationAmount
Merrion Family Foundation

Wilmington, DE

PURPOSE: FACE KICKSTART SCHOLARSHIP FUND

$30,000
Westmeath Foundation

Wilmington, DE

PURPOSE: CLEAR PROGRAM AT SAN JUAN COLLEGE

$26,300
Westmeath Foundation

Wilmington, DE

PURPOSE: FOOD SECURITY PROJECTS AT THE HARVEST FOOD HUB

$25,000
Westmeath Foundation

Wilmington, DE

PURPOSE: SAN JUAN COLLEGE VETERAN CENTER IMPROVEMENT PROJECT

$25,000
Merrion Family Foundation

Wilmington, DE

PURPOSE: MERRION HONORS PROGRAM

$25,000
Pierce Family Foundation

Farmington, NM

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$19,759,253
Earnings-$3,250,643
Net Contributions$489,426
Other Expense$108,552
Grants$421,207
Ending Balance$16,468,277

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