Pasadena City College Foundation Inc

Organization Overview

Pasadena City College Foundation Inc is located in Pasadena, CA. The organization was established in 1980. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Pasadena City College Foundation Inc 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, Pasadena City College Foundation Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 5.9% 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

TO DEVELOP FUNDING AND COMMUNITY SUPPORT FOR THE ENHANCEMENT OF TEACHING AND LEARNING AT PCC

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO STUDENTS ATTENDING PASADENA CITY COLLEGE


VARIOUS GRANTS ADMINISTERED BY THE FOUNDATION THAT BENEFIT THE COLLEGE AND ITS STUDENTS


VARIOUS AGENCY FUNDS ADMINISTERED BY THE FOUNDATION THAT BENEFIT THE COLLEGE AND ITS STUDENTS


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Board, Officers & Key Employees

Name (title)Compensation
William Hawkins
Immediate Past President
$0
Gloria Pitzer
President
$0
Don Schweitzer
Vice President
$0
Wade Winter
Treasurer
$0
Hoyt Hilsman
Secretary
$0
Bobbi Abram
Executive Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nancy Davis
Consulting Services
$150,000
Patricia Pejoumand
Accounting
$147,120
View All Vendors

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$3,097,212
Noncash contributions included in lines 1a–1f $186,986
Total Revenue from Contributions, Gifts, Grants & Similar$3,097,212
Total Program Service Revenue$243,876
Investment income $1,683,674
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $674,587
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,699,349

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Pasadena City College Foundation Inc has recieved totaling $755,022.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$153,000
Pasadena Community Foundation

Pasadena, CA

PURPOSE: PCC Retirees Scholarship Fund, COVID-19, HNM School of Nursing, PCF Scholars, Scholarships

$122,772
Ann Peppers Foundation

South Pasadena, CA

PURPOSE: SCHOLARS PROGRAM PLANNING GRANT & SCHOLARSHIP PROGRAM FOR PUSD GRADUATES

$118,000
Achieving America Family Foundation

Pasadena, CA

PURPOSE: AS NEEDED

$100,000
Foundation For California Community Colleges

Sacramento, CA

PURPOSE: OSHER SCHOLARSHIP

$99,667
The Boone Foundation

Monrovia, CA

PURPOSE: BOONE ACHIEVEMENT AWARD

$62,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,980,796
Net Contributions$502,473
Grants$224,067
Ending Balance$18,259,202

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