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Golden West College Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330073702 ✦ Huntington beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Golden West College Foundation?

Golden West College Foundation is a charitable organization situated in Huntington Beach, California. The foundation's primary mission is to empower Golden West College students by providing substantial financial aid through scholarships. Since its inception, the foundation has granted millions of dollars in scholarships, helping numerous students achieve their academic goals and aspirations. The foundation's beneficiaries often contribute positively to the local economy, as they tend to earn more than the state and national average for community college graduates. In addition to providing scholarships, the Golden West College Foundation actively supports the college, aiming to enhance educational opportunities for all students in the community.


Official website here: www.gwchbfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98%

The Golden West College Foundation has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and transparency in its operations. With an impressive Accountability & Finance Score of 95 and an Impact & Measurement Score of 100, the foundation demonstrates a strong commitment to effective management and measurable outcomes in its programs.

The foundation's financial health is notable, with a program expense ratio of 85.90%, signifying that a substantial portion of its funds are directed towards its educational initiatives. Additionally, the fundraising efficiency ratio of $0.022 highlights an effective approach to raising funds, ensuring that minimal costs are incurred in the process.

One of the foundation’s key achievements is its impact evaluation score of 100, which shows that for every dollar spent, scholarship recipients see an increase of more than $1.25 in income. This significant return on investment underscores the foundation's effectiveness in supporting students' educational endeavors and overall financial well-being.


This AI summary has been generated from information found on Charity Navigator.

Is Golden West College Foundation legitimate?

Golden West College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden West College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,698

For more financial information, click here


Official website here: www.gwchbfoundation.com

What is the mission statement of Golden West College Foundation?

The Golden West College Foundation's mission is to provide resources to support the college and the community, aiming to advance education and opportunities for all students. They achieve this by awarding scholarships annually, assisting students in achieving their goals and dreams. The foundation has a significant impact on the local economy, with its graduates earning above-average salaries. Over time, the students supported by the foundation have provided substantial economic benefits to their community. The foundation's scholarships have played a crucial role in making Golden West College graduates among the highest earners in the state for community colleges.


Official website here: www.gwchbfoundation.com

Who is the CEO of Golden West College Foundation?

Unavailable


Official website here: www.gwchbfoundation.com

What is the revenue of Golden West College Foundation?

Golden West College Foundation's revenue in 2022 was $968,075.


Official website here: www.gwchbfoundation.com

Who are the executives of Golden West College Foundation and what are their salaries?

There 13 volunteers at Golden West College Foundation.


Here are 23 key members and their salaries:


Bruce Berman (Secretary/Executive Director)
  • Compensation: $0
  • Related: $165,463
  • Other: $44,603
Chris Hossellman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Motenko (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Ramirez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Olmstead (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcgrath (Board Member/Gwc President)
  • Compensation: $0
  • Related: $274,418
  • Other: $59,686
Bonnie Castrey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conrad J Moreno (Board Member (Until 12/2021))
  • Compensation: $0
  • Related: $18,852
  • Other: $0
Danielle Mur (Board Member/Asgwc Student Rep. (Until 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Davina Samuel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilee Young Edd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Parks (Board Member/Gwc Classified Rep)
  • Compensation: $0
  • Related: $80,632
  • Other: $33,979
Jamison Power (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet M Houlihan (Board Member/Gwc Vp Admin. Svcs)
  • Compensation: $0
  • Related: $221,976
  • Other: $63,077
Jonathan Haught (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Huynh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaly Mendoza (Board Member/Asgwc Student Rep.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Prinsky (Board Member)
  • Compensation: $0
  • Related: $18,852
  • Other: $0
Martie Ramm Engle (Board Member/Gwc Faculty Rep)
  • Compensation: $0
  • Related: $175,366
  • Other: $46,194
Michael Grant (Board Member (Through 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wisner (Board Member/Gwc Director, Fiscal Services)
  • Compensation: $0
  • Related: $154,581
  • Other: $48,454
Weikko Wirta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Bryan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gwchbfoundation.com

Where can I find the form 990 for Golden West College Foundation?

Golden West College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gwchbfoundation.com

Learn more at the official website: www.gwchbfoundation.com

Mission Statement of Golden West College Foundation

The Golden West College Foundation, in its mission, strives to provide essential resources to support Golden West College and the wider community. Its primary objective is to advance education and opportunities for all students. The foundation accomplishes this by granting substantial scholarships annually, assisting numerous students in achieving their academic goals and aspirations. Over time, the foundation has disbursed millions of dollars in scholarships, a testament to its commitment to student success.

Upon graduation, the students who have benefited from the Golden West College Foundation often contribute significantly to the local economy. These individuals, having completed their education at the college, tend to earn more than the average community college graduate in the state, twice as much, to be precise. Moreover, they surpass the national average earnings for community college graduates by three times. In essence, the foundation's investments in students yield substantial economic returns for the community.

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Impact




October, 2024

The Golden West College Foundation plays a vital role in enhancing educational opportunities and supporting students at Golden West College. Each year, it awards hundreds of thousands of dollars in scholarships, contributing to a legacy of millions granted since its inception. This financial assistance helps students realize their academic and career aspirations, significantly impacting their lives and the broader community.

Graduates of Golden West College often emerge as key contributors to the local economy, earning substantially higher incomes than the state and national averages for community college graduates. By investing in students' education and personal development, the Foundation not only empowers individuals but also fosters economic growth in Huntington Beach and beyond. The mission of advancing education and opportunity for all students stands as a cornerstone of the Foundation's efforts, creating a cycle of success that benefits individuals and the community alike.




This information is meant to be a general summary of Golden West College 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.

Revenue
$968,075 (2022)
Expenses
$644,616 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $208,501
  • Gross Receipts: $1,399,831

Assets and Liabilities:

  • Total Assets: $11,361,808
  • Total Liabilities: $73,099
  • Net Assets: $11,288,709

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Organization Details

Founding Year

1984

Main Address

15744 Golden West Street, Huntington Beach, CA, 92647

NTEE Category

Code: B82 - Education

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