Allan Hancock College Foundation

Organization Overview

Allan Hancock College Foundation is located in Santa Maria, CA. The organization was established in 1977. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Allan Hancock College Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allan Hancock 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, Allan Hancock College Foundation generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $16.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Allan Hancock College Foundation has awarded 20 individual grants totaling $20,832,707. 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

FOR ADVANCEMENT OF EDUCATION BY RAISING FUNDS AND BUILDING COMMUNITY SUPPORT TO MEET THE NEEDS OF THE COLLEGE IN THE AREAS OF SCHOLARSHIPS, CAPITAL/INFRASTRUCTURE PROJECTS, AND PROGRAM SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAMPUS WIDE EDUCATIONAL PROGRAMS: CAMPUS GROUPS ARE PROVIDED FINANCIAL SUPPORT AND SUPPORT SERVICES FOR THE STUDENTS OF THE COLLEGE DISTRICT, IN AGREEMENT WITH THE COLLEGE CURRICULUM.


SCHOLARSHIPS AWARDED TO ALLAN HANCOCK COLLEGE STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Ed D Lee-Volker Cox
President
$0
Judith E Dale
Vice President
$0
Debra Hood
Secretary
$0
Kevin G Walthers Ph D
College Rep
$0
Eric D Smith
College Rep
$0
Marcela Viveros
Student Rep
$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$1,755,426
Noncash contributions included in lines 1a–1f $899
Total Revenue from Contributions, Gifts, Grants & Similar$1,755,426
Total Program Service Revenue$0
Investment income $544,712
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,782,112
Net Income from Fundraising Events $6,386
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,236,200

Grants Awarded

Over the last fiscal year, Allan Hancock College Foundation has awarded $15,650,009 in support to 2 organizations.

Grant RecipientAmount

ALLAN HANCOCK JOINT CCD

PURPOSE: GENERAL DISTRICT SUPPORT

$15,552,212

AH COLLEGE AUX PROGRAMS

Org PageRecipient Profile

Santa Maria, CA

PURPOSE: PCPA THEATRE SUPPORT

$97,797
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Allan Hancock College Foundation has recieved totaling $323,311.

Awarding OrganizationAmount
Marian Mullin Hancock Charitable Tr 031893

Chicago, IL

PURPOSE: GENERAL SUPPORT

$112,024
Santa Barbara Foundation

Santa Barbara, CA

PURPOSE: EDUCATIONAL INSTITUTIONS

$41,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$31,655
Arthur N Rupe Foundation

Santa Barbara, CA

PURPOSE: CNA PROGRAM

$31,245
Murphy Foundation

El Dorado, AR

PURPOSE: OPERATIONS

$30,000
Credit Unions In The State Of California

Santa Maria, CA

PURPOSE: UNRESTRICTED

$23,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$33,966,809
Earnings-$2,655,711
Net Contributions$740,995
Other Expense$15,993,305
Ending Balance$16,058,788

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