Overview
What is Peralta Colleges Foundation?
The Peralta Colleges Foundation, located in Oakland, California, is a nonprofit organization dedicated to promoting academic excellence within the Peralta Community Colleges District. They achieve this by establishing partnerships in the region to gather funds for both merit- and need-based scholarships for students attending the district's four colleges. As of the provided information, the foundation manages over 100 scholarship funds, offering financial assistance to numerous students in need. Additionally, the Peralta Colleges Foundation supports the acquisition of books and supplies at each campus library and administers more than 200 funds for academic and athletic departments, student clubs, and various college initiatives. The organization currently employs a team of seven individuals.
Official website here: www.web.peralta.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star Rating
The Peralta Colleges Foundation has received a commendable rating of 89% from Charity Navigator, reflecting its good performance in accountability and finance as well as culture and community. The foundation exhibits a strong financial oversight framework, with an impressive program expense ratio of 82.15%, indicating that the majority of its expenditures are directed toward its mission-driven programs. The independent board structure is robust, with all members being independent, which supports transparency and governance.
Despite the foundation's strengths, there are notable gaps in its policies. It lacks a whistleblower policy and a document retention and destruction policy, which are essential for maintaining accountability and trust. These omissions may pose risks regarding organizational transparency, and addressing these areas could enhance its overall governance framework.
Overall, the Peralta Colleges Foundation demonstrates a strong commitment to financial integrity and effective program management. However, improving its governance policies would further solidify its reputation and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Peralta Colleges Foundation legitimate?
Peralta Colleges Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peralta Colleges Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $146,853
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,957
For more financial information, click here
Official website here: www.web.peralta.edu/foundation/
What is the mission statement of Peralta Colleges Foundation?
The Peralta Colleges Foundation's mission is centered around promoting academic excellence by establishing partnerships to raise funds for scholarships. This organization supports the Peralta Community Colleges District by fostering regional alliances to provide financial aid for students attending the district's four colleges. The foundation administers various scholarship funds, catering to both merit and need-based students, offering them essential financial assistance. Additionally, the Peralta Colleges Foundation has supported the procurement of books and supplies at the libraries of each campus and managed numerous funds for academic and athletic departments, student clubs, and other college initiatives.
Official website here: www.web.peralta.edu/foundation/
Who is the CEO of Peralta Colleges Foundation?
Joseph Simmons is the President of Peralta Colleges Foundation.
Official website here: www.web.peralta.edu/foundation/
What is the revenue of Peralta Colleges Foundation?
Peralta Colleges Foundation's revenue in 2022 was $1,075,140.
Official website here: www.web.peralta.edu/foundation/
Who are the executives of Peralta Colleges Foundation and what are their salaries?
The average compensation at Peralta Colleges Foundation during 2022 was $35,259. There are 7 employees and 75 volunteers at Peralta Colleges Foundation.
Here are 23 key members and their salaries:
- Compensation: $136,300
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- Other: $10,553
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- Related: $12,043
- Other: $23,321
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- Related: $124,393
- Other: $33,833
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Official website here: www.web.peralta.edu/foundation/
Where can I find the form 990 for Peralta Colleges Foundation?
Peralta Colleges Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.web.peralta.edu/foundation/
Learn more at the official website: www.web.peralta.edu/foundation/
Mission Statement of Peralta Colleges Foundation
The Peralta Colleges Foundation, a nonprofit organization, is dedicated to fostering academic excellence within the Peralta Community Colleges District. They achieve this by establishing partnerships within the region to amass funds for scholarships. Their mission is multifaceted, extending support to both merit and need-based students attending the four district colleges.
Through these partnerships, the Peralta Colleges Foundation has administered over 100 scholarship funds, providing financial aid to numerous students in need. Beyond scholarships, the organization has also contributed to the purchase of books and supplies at the libraries of each campus. Additionally, the Peralta Colleges Foundation manages over 200 funds for various academic and athletic departments, student clubs, and other college initiatives. The organization's efforts directly contribute to the success and well-being of the students in the Peralta Community Colleges District.
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Impact
October, 2024
Peralta Colleges Foundation significantly enhances academic excellence within the Peralta Community Colleges District by fostering partnerships that secure essential funding for student scholarships. Through its efforts, the Foundation administers over 100 scholarship funds, providing hundreds of students with critical financial support tailored to both merit and need. This financial assistance plays a crucial role in alleviating the burden of educational costs, allowing students to focus on their studies and achieve their academic goals.
In addition to scholarships, the Foundation's impact extends to supporting the purchase of books and supplies for campus libraries, ensuring that students have access to vital resources. It also manages more than 200 funds dedicated to various academic and athletic departments, student clubs, and other college initiatives. By reinforcing the educational infrastructure and supporting diverse programs, the Peralta Colleges Foundation plays a pivotal role in enriching the overall learning experience for students across the four colleges in the district.
This information is meant to be a general summary of Peralta Colleges Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$91,583
- Program Service Revenue: $55,609
- Gross Receipts: $2,160,068
Assets and Liabilities:
- Total Assets: $3,244,307
- Total Liabilities: $1,372,595
- Net Assets: $1,871,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES-OTHER
Revenue
$55,609
Organization Details
Founding Year
1971
Phone
(510) 587-7890Principal Officer
Joseph Simmons
Main Address
333 E 8TH STREET, OAKLAND, CA, 946062844
NTEE Category
Code: B42I - Education
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