Overview
What is The Peninsula College Fund?
The Peninsula College Fund, headquartered in Milpitas, California, is a nonprofit organization committed to supporting talented and motivated low-income, first-generation college students. They offer scholarships, averaging $12,000 per student (or $3,000 annually for four years), which can be used for tuition, fees, books, and other college expenses. In addition to financial aid, they provide one-to-one mentoring from skilled adults, offering guidance, role modeling, and relationships necessary for college success and career preparation. Each mentor commits to supporting a scholar from freshman year through graduation, as these students often gain significant value from such guidance. Furthermore, The Peninsula College Fund offers college and career success training, including workshops and individualized assistance, to help their scholars maximize their growth and prepare for post-college careers. Their mission is to assist underprivileged, often overlooked first-generation college students from the mid-Peninsula in achieving their educational and career goals.
Official website here: www.peninsulacollegefund.org
What do the Facebook reviews say about The Peninsula College Fund?
100% of 8 reviewers on Facebook recommend The Peninsula College Fund. Here is a summary of their reviews:
The organization is highly praised for its impactful role in providing scholarships that not only assist students financially but also help them navigate their college journey successfully. Many reviewers highlight the positive difference the Fund makes in increasing college persistence and graduation rates among students.
Overall, the sentiment towards The Peninsula College Fund is overwhelmingly positive, with reviewers expressing gratitude for the support and resources it offers to students in need. This organization is seen as a lifeline for many aspiring graduates, ensuring they have the necessary tools to complete their education.
This AI summary has been generated from reviews found on Facebook.
Is The Peninsula College Fund legitimate?
The Peninsula College Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Peninsula College Fund 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: $176,995
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,141,159
For more financial information, click here
Official website here: www.peninsulacollegefund.org
What is the mission statement of The Peninsula College Fund?
The Peninsula College Fund's mission is centered around assisting low-income, underserved, and often overlooked first-generation college students from the mid-peninsula in their pursuit of higher education and career goals. They achieve this by providing college scholarships for talented and motivated students, offering an average scholarship of $12,000 per student ($3,000 annually for four years). These scholarships cover tuition, fees, books, and other incidental expenses.
Furthermore, they offer a mentoring program where each scholar is paired with a trained and skilled adult mentor for a four-year period. This mentor provides advice, role modeling, and relationships necessary for success in college and preparation for post-college careers.
Additionally, The Peninsula College Fund provides college and career success training, offering targeted and intensive workshops and individualized assistance. This enables the scholars to maximize their growth during college and graduate prepared to launch their careers.
Official website here: www.peninsulacollegefund.org
What is the revenue of The Peninsula College Fund?
The Peninsula College Fund's revenue in 2024 was $2,091,027.
Official website here: www.peninsulacollegefund.org
Who are the executives of The Peninsula College Fund and what are their salaries?
The average compensation at The Peninsula College Fund during 2024 was $77,538. There are 17 employees and 596 volunteers at The Peninsula College Fund.
Here are 21 key members and their salaries:
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Official website here: www.peninsulacollegefund.org
Where can I find the form 990 for The Peninsula College Fund?
The Peninsula College Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.peninsulacollegefund.org
Learn more at the official website: www.peninsulacollegefund.org
Mission Statement of The Peninsula College Fund
The Peninsula College Fund, an organization dedicated to assisting underprivileged and often overlooked first-generation college students from the mid-peninsula, aims to support these individuals in their pursuit of higher education and career goals. Its mission is fundamentally centered on providing college scholarships to talented and motivated students from this demographic. These scholarships, amounting to an average of $12,000 per student, can be utilized for tuition, fees, books, and other incidental expenses.
In addition to financial aid, The Peninsula College Fund offers mentoring services. Each scholar is paired with a skilled and trained mentor, committing to guide the student from their freshman year through to graduation. As first-generation college attendees, these students gain significant value from the guidance and role modeling that successful mentors can offer.
Moreover, The Peninsula College Fund provides college and career success training to its scholars. This includes targeted and intensive workshops and individualized assistance, enabling the students to maximize their growth during their college years and graduate prepared to launch their careers.
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Impact
October, 2024
The Peninsula College Fund significantly impacts low-income, underserved, and often overlooked first-generation college students from the Mid-Peninsula area by providing essential support throughout their educational journey. By offering an average scholarship of $12,000—distributed as $3,000 per year for four years—students can cover tuition, fees, textbooks, and other incidental expenses, alleviating the financial burdens commonly faced by students in similar circumstances.
In addition to financial assistance, the fund pairs each scholar with a trained mentor who offers guidance and support from the freshman year to graduation. This one-on-one mentorship is vital for first-generation students, who greatly benefit from the advice and role modeling provided by experienced professionals.
Furthermore, The Peninsula College Fund prepares scholars for success through comprehensive college and career training. Through targeted workshops and individualized assistance, students gain the necessary skills and knowledge to thrive in college and transition smoothly into their careers. Ultimately, The Peninsula College Fund plays a critical role in supporting the academic and professional aspirations of students who might otherwise face significant obstacles to achieving their goals.
This information is meant to be a general summary of The Peninsula College Fund. 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 2024.
- Investment Income: $930
- Gross Receipts: $2,156,602
Assets and Liabilities:
- Total Assets: $7,042,401
- Total Liabilities: $1,875,303
- Net Assets: $5,167,098
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Organization Details
Founding Year
2009
Principal Officer
Christina Mireles
Website
www.peninsulacollegefund.orgNTEE Category
Code: B82 - Education
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