Foundation For California Community Colleges
- Assets
- $263.3m
- Revenue
- $113.9m
- Investments
- $0.0
- Employees
- 3,145
- Location
- Sacramento, CA
- Founding
- 06/1999
- Data as of
- 06/2022
- EIN
- 68-0412350
Organization Overview
Foundation For California Community Colleges is located in Sacramento, CA. The organization was established in 1999. 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, Foundation For California Community Colleges employed 3,145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For California Community Colleges 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, Foundation For California Community Colleges generated $113.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $104.6m during the year ending 06/2022. While expenses have increased by 20.6% 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.
Since 2015, Foundation For California Community Colleges has awarded 1,370 individual grants totaling $51,814,109. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BENEFIT, SUPPORT, AND ENHANCE THE MISSIONS OF THE CALIFORNIA COMMUNITY COLLEGE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUITY & COMMUNITY IMPACT: DISTRIBUTE STATEWIDE RELIEF DOLLARS INTO CALIFORNIA COMMUNITIES THROUGH MISSION-ALIGNED PARTNERSHIPS WITH CALIFORNIA STATE AGENCIES, TO CONNECT COMMUNITIES WITH RESOURCES TO ADDRESS HARDSHIPS INCLUDING CHILDCARE, FOOD SECURITY, AND PANDEMIC RELIEF. PROVIDE EDUCATIONAL PROGRAMS, TRAINING, AND OTHER RESOURCES FOR COMMUNITY COLLEGES AND STUDENTS TO HELP CALIFORNIANS MEET THEIR BASIC NEEDS AND OVERCOME BARRIERS SUCH AS FOOD AND HOUSING INSECURITY, MENTAL HEALTH CHALLENGES, IMMIGRATION STATUS, AND MORE. OPERATE PROGRAMS RELATED TO THE ENVIRONMENT, ENERGY, AND TRANSPORTATION WHICH DIRECTLY BENEFIT COLLEGES, STUDENTS, AND THEIR COMMUNITIES. CONDUCT PUBLIC AWARENESS CAMPAIGNS DESIGNED TO EXTEND PARTICIPATION IN PROGRAMS AIMED AT IMPROVING PUBLIC AND ENVIRONMENTAL HEALTH.
SYSTEMS SUPPORT & SERVICES: DISTRIBUTE MILLIONS OF DOLLARS IN SCHOLARSHIPS FOR COMMUNITY COLLEGE STUDENTS TO REMOVE FINANCIAL BARRIERS TO EDUCATION, AND PROVIDE EMERGENCY AID TO STUDENTS AS THEY CONTINUE TO RECOVER FROM CHALLENGES CAUSED BY THE COVID-19 PANDEMIC. DEVELOP AND MANAGE SYSTEMWIDE TOOLS, RESOURCES, AND SERVICES, AND PROVIDE A HUB FOR COLLABORATION FOR COLLEGES AND MISSION-ALIGNED PARTNERS TO NAVIGATE AND COORDINATE WITHIN A LARGE AND DECENTRALIZED SYSTEM. OPERATE THE AGGREGATE PURCHASING PROGRAM ON BEHALF OF THE CALIFORNIA COMMUNITY COLLEGES, WHICH PROVIDES HUNDREDS OF MILLIONS IN COST SAVINGS TO COLLEGES TO BE REINVESTED IN STUDENT SUCCESS, AND TO STUDENTS TO ENSURE THEY HAVE THE TECHNOLOGY AND EDUCATIONAL RESOURCES THEY NEED TO LEARN.
STUDENT SUCCESS: PROVIDE PROFESSIONAL DEVELOPMENT, RESEARCH AND POLICY SUPPORT, AND OPERATE OTHER PROGRAMS AND SERVICES WHICH ACCELERATE STUDENT CERTIFICATE AND DEGREE ATTAINMENT AND TRANSFER RATE ACROSS THE CALIFORNIA COMMUNITY COLLEGES. SUPPORT THE CALIFORNIA COMMUNITY COLLEGES AS THEY IMPLEMENT STUDENT SUCCESS REFORMS TO CLOSE EQUITY GAPS AND IMPROVE ECONOMIC OUTCOMES FOR DIVERSE STUDENT POPULATIONS.
WORKFORCE DEVELOPMENT:DESIGN AND OPERATE PROGRAMS WHICH PROVIDE OPPORTUNITIES FOR CALIFORNIANS TO ENTER THE WORKFORCE PREPARED FOR REWARDING CAREERS AND TO MEET THE STATE'S FUTURE ECONOMIC CHALLENGES AND OPPORTUNITIES. FACILITATE WORK-BASED LEARNING OPPORTUNITIES, INCLUDING PAID INTERNSHIPS AND APPRENTICESHIPS, FOR HIGH SCHOOL AND COLLEGE STUDENTS. PROVIDE TECHNICAL ASSISTANCE TO HELP STATEWIDE PARTNERSHIPS DEVELOP PROGRAMS AND RESPONSIVE TRAINING INNOVATIONS THAT BETTER PREPARE CALIFORNIA'S WORKFORCE TO MEET THE NEEDS OF OUR EVOLVING ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keetha Mills Ceo/president | Officer | 40 | $364,032 |
Julian Roberts CFO Until Nov 2021 | Officer | 40 | $271,671 |
Joseph Quintana Chief Operations Officer | Officer | 40 | $254,565 |
Melissa Conner Chief Advancement Officer | Officer | 40 | $248,401 |
Bryan Miller VP Communications And Technology | 40 | $230,069 | |
Sandra Fried VP Student Success Center | 40 | $216,046 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Center For Inquiry & Improvemen Program Implementation Partner | 6/29/22 | $1,441,966 |
Redistricting Partners Llc Program Implementation Partner | 6/29/22 | $529,000 |
909 Technologies Technology Maintenance And Operations Su | 6/29/22 | $648,628 |
Child Care Alliance Of Los Angeles Stipends For Child Care Providers | 6/29/22 | $592,043 |
Design Media Program Implementation Partner | 6/29/22 | $404,480 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,751,399 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,762,353 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,513,752 |
| Total Program Service Revenue | $91,177,394 |
| Investment income | $1,716,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,519,898 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,927,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,799,918 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,641,612 |
| Compensation of current officers, directors, key employees. | $1,522,548 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,333,641 |
| Pension plan accruals and contributions | $3,771,408 |
| Other employee benefits | $4,805,161 |
| Payroll taxes | $2,939,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $83,298 |
| Fees for services: Accounting | $55,850 |
| Fees for services: Lobbying | $36,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,982,666 |
| Advertising and promotion | $0 |
| Office expenses | $6,564,353 |
| Information technology | $6,310,021 |
| Royalties | $0 |
| Occupancy | $2,079,217 |
| Travel | $503,802 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $588,523 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $461,368 |
| Insurance | $132,778 |
| All other expenses | $0 |
| Total functional expenses | $104,584,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,657,088 |
| Savings and temporary cash investments | $4,959,112 |
| Pledges and grants receivable | $17,891,279 |
| Accounts receivable, net | $23,766,273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,251 |
| Prepaid expenses and deferred charges | $1,893,463 |
| Net Land, buildings, and equipment | $536,193 |
| Investments—publicly traded securities | $88,465,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,770 |
| Total assets | $263,250,516 |
| Accounts payable and accrued expenses | $13,627,020 |
| Grants payable | $3,344,882 |
| Deferred revenue | $34,818,386 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $103,211,423 |
| Total liabilities | $155,001,711 |
| Net assets without donor restrictions | $23,299,178 |
| Net assets with donor restrictions | $84,949,627 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $263,250,516 |
Grants Awarded
Over the last fiscal year, Foundation For California Community Colleges has awarded $12,799,918 in support to 200 organizations.
| Grant Recipient | Amount |
|---|---|
BUTTE-GLENN CCD PURPOSE: UPSKILL CALIFORNIA UTILITY LINE TRAINING | $898,921 |
San Francisco, CA PURPOSE: EARLY CARE & EDUCATION PATHWAYS TO SUCCESS | $531,127 |
Riverside, CA PURPOSE: CALIFORNIA EDUCATION LEARNING LAB OPR 20117 | $296,709 |
Bakersfield, CA PURPOSE: JAY PRITZKER FOUNDATION GRANT | $275,000 |
GAVILAN JOINT CCD PURPOSE: FRESH SUCCESS | $261,273 |
Aptos, CA PURPOSE: NEIF: COLLEGE GRANTS | $254,600 |
Grants Recieved
Over the last fiscal year, we have identified 52 grants that Foundation For California Community Colleges has recieved totaling $21,178,415.
| Awarding Organization | Amount |
|---|---|
Jay Pritzker Foundation Houston, TX PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO STUDENTS AT PARTICIPATING COMMUNITY COLLEGES IN LOW-INCOME, UNDERSERVED REGIONS IN CALIFORNIA TO INCREASE STUDENT SUCCESS AND HELP ELIMINATE REGIONAL ACHIEVEMENT GAPS. | $5,000,000 |
College Futures Foundation Oakland, CA PURPOSE: STUDENT-CENTRIC PRACTICES PROGRAM GRANT | $1,225,000 |
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO SUPPORT CALIFORNIA COMMUNITY COLLEGE SYSTEM PARTICIPATION IN INNOVATIVE CREDENTIALS TO ASSOCIATES NETWORK TO INCREASE ADULT LEARNER OF COLOR COMPLETION. | $1,000,000 |
James Irvine Foundation San Francisco, CA PURPOSE: TO SUPPORT APPRENTICESHIP EXPANSION | $1,000,000 |
The California Endowment Los Angeles, CA PURPOSE: CALIFORNIA MEDICINE PROGRAM - BUILDING HEALTH CAREER PATHWAYS: TO REDUCE HEALTH DISPARITIES FOR UNDERSERVED COMMUNITIES BY INCREASING THE DIVERSITY OF PHYSICIANS WHO ARE TRAINED AND PRACTICE IN CALIFORNIA. | $806,816 |
College Futures Foundation Oakland, CA PURPOSE: LEADERSHIP PROGRAM GRANT | $788,750 |
Endowment Analysis
| Beg. Balance | $52,610,241 |
| Earnings | -$7,020,075 |
| Net Contributions | $11,875,736 |
| Other Expense | $83,046 |
| Grants | $2,163,600 |
| Ending Balance | $55,219,256 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For California Community Colleges Sacramento, CA | $263,250,516 | $113,927,306 |
Council For Native Hawaiian Advancement Kapolei, HI | $26,176,594 | $71,478,503 |
Launchpad Development Company Redwood City, CA | $184,902,715 | $19,513,288 |
Alliance For College-Ready Public Schools Facilities Corporation Pasadena, CA | $262,311,538 | $18,102,977 |
Associated Students University Of California Davis Business Office Davis, CA | $7,045,095 | $14,137,728 |
Element Education Inc Escondido, CA | $11,446,898 | $15,469,038 |
University Of California Home Loan Program Corporation Oakland, CA | $809,217,947 | $25,322,221 |
California Charter Schools Association Los Angeles, CA | $32,950,225 | $18,898,883 |
Maker Learning Network Acton, CA | $31,041,626 | $6,882,050 |
Pathways Management Group Inc Pasadena, CA | $27,742,984 | $4,110,742 |
Black Girls Code Inc Oakland, CA | $40,729,664 | $16,892,534 |
Silvies River Charter School Crane, OR | $8,476,358 | $7,552,707 |