Overview
What is Las Positas College Foundation?
The Las Positas College Foundation is a dedicated nonprofit organization based in Livermore, California, committed to ensuring affordable, high-quality education for the Tri-Valley area. Recognizing the inadequacy of traditional funding, the foundation actively seeks support through grants, investments, and donations from local businesses, industries, and individuals. The foundation's mission is to support and advance the college and its students, providing crucial financial aid through scholarships based on need or academic merit. These scholarships cater to various student groups, including re-entry, first-generation, STEM, and veteran students. In addition to scholarships, the foundation also supports a wide range of programs that enhance the college experience, such as literary and performing arts events, athletics, teaching and learning initiatives, and emerging science programs. Notably, the foundation assists the college's award-winning Math Jam program, RAW Center for student assistance, and the Cycling 4 Veterans event, raising funds for campus and community veteran support programs. The foundation's efforts extend beyond scholarships and program support, as it also advocates for diversity, inclusion, and anti-racism initiatives on campus. In summary, the Las Positas College Foundation plays a vital role in enriching the educational experience of students and faculty at the college, fostering a supportive and inclusive learning environment.
Official website here: www.lpcfoundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Las Positas College Foundation has achieved an impressive score of 96%, reflecting its strong performance in accountability and finance. With a perfect score for having a majority of independent board members and a comprehensive set of policies in place, the foundation demonstrates a commitment to ethical governance and transparency. These elements contribute to its overall high rating, indicating effective management and oversight.
The foundation's financial health is also noteworthy, evidenced by a low liabilities to assets ratio of 1.81% and a program expense ratio of 80.86%. This suggests that a significant portion of its funds is allocated directly to its programs rather than administrative costs, which is a positive sign for potential donors. The foundation has established sound financial practices, including documented board meeting minutes and policies for conflict of interest and whistleblowing.
Despite the strong performance, it is crucial for potential supporters to remain informed about ongoing operations and impact. While the ratings reflect a solid structure and financial health, prospective donors should consider the foundation's specific programs and their effectiveness to ensure alignment with their philanthropic goals. Overall, Las Positas College Foundation presents itself as a well-managed nonprofit with a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Las Positas College Foundation legitimate?
Las Positas College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Las Positas 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: $39,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,170
For more financial information, click here
Official website here: www.lpcfoundation
What is the mission statement of Las Positas College Foundation?
The Las Positas College Foundation's mission is to support and advance the educational institution and its students by actively seeking resources and establishing strong community partnerships. Recognizing the importance of affordable, high-quality education, the foundation aims to bridge the gap between the basic cost of education and additional expenses through scholarships and various support programs. These initiatives encompass literary and performing arts, athletics, teaching and learning initiatives, emerging science programs, and veteran student support. The foundation provides scholarships, tutoring assistance, textbook rental programs, athletic scholarships, and funding for innovative teaching projects. It also supports diversity, inclusion, and anti-racism efforts on campus and provides scholarships for students' children to attend the Early Childhood Development Center.
Official website here: www.lpcfoundation
Who is the CEO of Las Positas College Foundation?
Kenneth Cooper is the Executive Director of Las Positas College Foundation.
Official website here: www.lpcfoundation
What is the revenue of Las Positas College Foundation?
Las Positas College Foundation's revenue in 2022 was $1,130,500.
Official website here: www.lpcfoundation
Who are the executives of Las Positas College Foundation and what are their salaries?
There 14 volunteers at Las Positas College Foundation.
Here are 12 key members and their salaries:
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- Compensation: $44,539
- Related: $116,392
- Other: $9,931
Official website here: www.lpcfoundation
Where can I find the form 990 for Las Positas College Foundation?
Las Positas College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lpcfoundation
Learn more at the official website: www.lpcfoundation
Mission Statement of Las Positas College Foundation
The Las Positas College Foundation's mission is centered around supporting and enhancing the college and its students. Recognizing the importance of affordable, high-quality education, the organization actively seeks alternative funding sources through grants, investments, and donations from local businesses, industries, and individuals. This support is crucial, as the true cost of education extends beyond tuition, including expenses like childcare, transportation, and textbooks.
The Foundation's dedication to students is evident in its scholarship programs, which provide financial aid to deserving students based on need and/or academic achievement. Scholarships are available for various groups, such as re-entry students, first-generation learners, STEM and Veteran cohorts. Beyond direct financial assistance, the Foundation also supports a range of programs that enhance the learning experience and faculty effectiveness.
These initiatives include literary and performing arts events, scholarships for performing arts students, athletic scholarships, and funding for innovative teaching and learning projects. The Foundation also supports programs that cater to the specific needs of its student body, such as the Math Jam program, textbook rental program, and tutoring services. The organization's commitment to veterans is evident in its support of the Veterans Resource Center and the Cycling 4 Veterans event.
In summary, the Las Positas College Foundation's mission is to support and advance the college and its students by actively seeking alternative funding sources and providing various programs and scholarships that enhance the learning experience and cater to the specific needs of its students.
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Impact
July, 2024
Las Positas College Foundation's impact is significant and far-reaching. By providing scholarships and comprehensive support services to students, the Foundation ensures that individuals have access to affordable, high-quality education. The Foundation's dedication to securing alternative sources of funding, such as grants and investments from local businesses and individuals, helps bridge the gap between traditional state funding and the actual costs of higher education.
In addition to scholarships, the Foundation supports various programs that enrich the learning experience at Las Positas College. This includes initiatives in literary and performing arts, athletics, teaching and learning, emerging science programs, and diversity, inclusion, and anti-racism efforts. By investing in these areas, the Foundation enhances students' academic success and overall collegiate experience.
Furthermore, the Foundation's efforts extend to providing essential resources like tutoring, textbook assistance, and support services for veterans and students with children. Through its wide range of programs and initiatives, the Las Positas College Foundation plays a crucial role in shaping the educational journey of students and contributing to the overall success of the college and its community.
This information is meant to be a general summary of Las Positas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $730,471
- Gross Receipts: $1,339,250
Assets and Liabilities:
- Total Assets: $9,751,542
- Total Liabilities: $274,854
- Net Assets: $9,476,688
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Organization Details
Founding Year
2003
Phone
(925) 424-1010Principal Officer
Kenneth Cooper
Main Address
3000 Campus Hill Drive, Livermore, CA, 945517623
Website
www.lpcfoundationNTEE Category
Code: B11 - Education
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