Taft College Foundation

Organization Overview

Taft College Foundation is located in Taft, CA. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Taft 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, Taft College Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $741.4k during the year ending 06/2022. While expenses have increased by 3.1% 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

THE TAFT COLLEGE FOUNDATION STAFF CULTIVATE AND DIRECT COMMUNITY RESOURCES TO THE TAFT COMMUNITY COLLEGE IN THE AREAS THAT MATTER MOST TO THE COMMUNITY. MAJOR FOCUS PERTAINING TO STUDENT SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TAFT COLLEGE FOUNDATION STAFF CULTIVATE AND DIRECT COMMUNITY RESOURCES TO THE TAFT COMMUNITY COLLEGE IN THE AREAS THAT MATTER MOST TO THE COMMUNITY. ALL OF THE FOUNDATION'S FOCUS PERTAINS TO STUDENT SCHOLARSHIPS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$277,443
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$277,443
Total Program Service Revenue$0
Investment income $1,139,621
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$119,310
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,297,754

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Taft College Foundation has recieved totaling $259,457.

Awarding OrganizationAmount
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: JAY PRITZKER FOUNDATION GRANT

$125,000
Kern Community Foundation

Bakersfield, CA

PURPOSE: CHARITABLE

$60,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$24,750
Robert Grimm Family Foundation

Bakersfield, CA

PURPOSE: BOB HAMPTON MEMORIAL SCHOLARSHIP AND LEGACY FUND

$20,000
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$13,433
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: SUPPORT

$10,000
View Grant Recipient Profile

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