Santa Rosa Junior College Foundation

Organization Overview

Santa Rosa Junior College Foundation is located in Santa Rosa, CA. The organization was established in 1972. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Santa Rosa Junior College Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Rosa Junior 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, Santa Rosa Junior College Foundation generated $13.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $6.3m during the year ending 06/2021. While expenses have increased by 7.8% 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

WE INSPIRE INVESTMENT IN HIGHER EDUCATION TO PROVIDE LIFE-CHANGING OPPORTUNITIES FOR ALL SRJC STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FY 20/21 THE SRJC FOUNDATION RECEIVED MORE THAN $7 MILLION TO SUPPORT STUDENTS AND INSTRUCTIONAL PROGRAMS AT THE COLLEGE.


THE FOUNDATION AWARDED MORE THAN $4.3 MILLION IN SCHOLARSHIPS TO DESERVING STUDENTS FROM ITS ENDOWMENT, NON-ENDOWED FUNDS, AND THE DOYLE TRUST SCHOLARSHIP FUND.


THE FOUNDATION RECEIVED MORE THAN $1.9 MILLION TO SUPPORT COLLEGE PROGRAMS.


THE INVESTED PORTFOLIO MANAGED BY GRAYSTONE CONSULTING RETURNED A RECORD 29.91% REPRESENTING AN EXTRAORDINARY GAIN OF APPROXIMATELY $15 MILLION, BRINGING THE TOTAL PORTFOLIO TO MORE THAN $66 MILLION.THE SRJC FOUNDATION BOARD OF DIRECTORS DEVELOPED AND FORMALLY ADOPTED A THREE-YEAR STRATEGIC PLAN INCLUDING NEW MISSION, VISION, AND CORE VALUES FOR THE ORGANIZATION.THE FOUNDATION MADE MUCH PROGRESS IN SECURING ENDOWMENT CONTRIBUTIONS FOR DONOR RECOGNITION OPPORTUNITIES RELATED TO SHONE FARM, THE PETALUMA CAMPUS, THE STEM BUILDING AND PROGRAMS, ATHLETICS FACILITIES AND SPORTS PROGRAMS, AND THE STUDENT HOUSING PROJECT.


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Board, Officers & Key Employees

Name (title)Compensation
J Mullineaux
Executive Director
$193,332
Sarah Laggos
Director Of Philanthropy
$136,752
Breanne Beseda
Director Of Community Engagement
$130,236
Steve Page
Chair
$0
Teresa Norton
Vice Chair
$0
Frank Chong
Secretary
$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$7,390,260
Noncash contributions included in lines 1a–1f $48,650
Total Revenue from Contributions, Gifts, Grants & Similar$7,390,260
Total Program Service Revenue$0
Investment income $948,029
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,896,306
Net Income from Fundraising Events $38,817
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,273,412

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Santa Rosa Junior College Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Anthony Crabb & Barbara Grasseschi Foundation

Healdsburg, CA

PURPOSE: GENERAL OPERATIONS

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$976,252
Earnings$261,824
Admin Expense$3,528
Grants$50,400
Ending Balance$1,184,148

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