California Lutheran Educational Foundation

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

EIN: 770076535 ✦ Thousand oaks, CA ✦ Designated as a 501(c)(3)

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Overview

What is California Lutheran Educational Foundation?

The California Lutheran Educational Foundation, situated in Thousand Oaks, California, is a nonprofit organization primarily dedicated to managing and promoting planned giving, charitable trusts, and gift annuity programs. Their mission is to support California Lutheran University by marketing, administering, and providing trusteeship for these programs, thereby contributing to charitable causes.


Official website here: www.callutheran.edu

Is California Lutheran Educational Foundation legitimate?

California Lutheran Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Lutheran Educational 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: $0

For more financial information, click here


Official website here: www.callutheran.edu

What is the mission statement of California Lutheran Educational Foundation?

The California Lutheran Educational Foundation's mission is centered around promoting and overseeing California Lutheran University's planned giving, charitable trust, and gift annuity programs. Their primary objective is to market these programs effectively, manage them efficiently, and provide trusteeship services to individuals who wish to contribute through these means. The foundation aims to facilitate generous donations and provide a structured framework for these contributions, ultimately supporting the educational institution.


Official website here: www.callutheran.edu

Who is the CEO of California Lutheran Educational Foundation?

Biddings-Muro Regina is the CEO of California Lutheran Educational Foundation The CEO's salary of California Lutheran Educational Foundation is $0 and their total compensation is $272,431.


Official website here: www.callutheran.edu

What is the revenue of California Lutheran Educational Foundation?

California Lutheran Educational Foundation's revenue in 2024 was $22,165.


Official website here: www.callutheran.edu

Who are the executives of California Lutheran Educational Foundation and what are their salaries?

There 6 volunteers at California Lutheran Educational Foundation.

Here are 12 key members and their salaries (California Lutheran Educational Foundation's CEO's salary is $0 and their total compensation is $272,431):


Varlotta Lori (Board Member)
  • Compensation: $0
  • Related: $591,359
  • Other: $165,354
Baumhefner Linda (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Rod (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hill Laureen (Board Member (As Of 04/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Krantz William (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ogbechie Nkem (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Papageorge Debra (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Biddings-Muro Regina (Chief Executive Officer)
  • Compensation: $0
  • Related: $241,703
  • Other: $30,728
Ysasi Richard (Treasurer)
  • Compensation: $0
  • Related: $223,274
  • Other: $20,127
Marsh Tom (Assistant Treasurer (Thru 08/23))
  • Compensation: $0
  • Related: $94,658
  • Other: $0
Arnold Joel - Chief (Operating Officer (As Of 05/23))
  • Compensation: $0
  • Related: $75,016
  • Other: $15,189
Pfahler Ellen (Assistant Treasurer (As Of 08/23))
  • Compensation: $0
  • Related: $34,861
  • Other: $2,581


Official website here: www.callutheran.edu

Where can I find the form 990 for California Lutheran Educational Foundation?

California Lutheran Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.callutheran.edu

Learn more at the official website: www.callutheran.edu

Mission Statement of California Lutheran Educational Foundation

The California Lutheran Educational Foundation, a nonprofit organization, is dedicated to marketing, administering, and providing trusteeship for California Lutheran University's planned giving, charitable trust, and gift annuity programs. This mission enables the foundation to support the university's financial growth and sustainability through innovative and thoughtful philanthropic initiatives. By marketing these programs, the foundation attracts and engages donors who wish to make a lasting impact on California Lutheran University. The administration of these programs ensures that donations are handled efficiently and effectively, while the provision of trusteeship provides donors with peace of mind, knowing that their gifts are being managed responsibly. In summary, the California Lutheran Educational Foundation plays a crucial role in fostering philanthropy and supporting California Lutheran University's financial future through its planned giving, charitable trust, and gift annuity programs.

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Impact




October, 2024

California Lutheran Educational Foundation significantly enhances the financial sustainability of California Lutheran University through its dedicated focus on planned giving, charitable trusts, and gift annuity programs. By effectively marketing and administering these financial tools, the foundation fosters a culture of philanthropy that encourages long-term commitment from donors. This not only secures vital resources for the university but also ensures that students benefit from enhanced educational opportunities, scholarships, and program development. The foundation's efforts create a lasting impact on the university community, enabling it to thrive and adapt in an ever-changing educational landscape. In Thousand Oaks, CA, the foundation’s work is crucial in aligning philanthropic support with institutional needs, ultimately contributing to the growth and enhancement of higher education in the region.




This information is meant to be a general summary of California Lutheran Educational 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
$22,165 (2024)
Expenses
$30,290 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $6,457
  • Gross Receipts: $397,591

Assets and Liabilities:

  • Total Assets: $3,261,152
  • Total Liabilities: $2,274,107
  • Net Assets: $987,045

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Organization Details

Founding Year

1957

Principal Officer

Biddings-Muro Regina

NTEE Category

Code: B84 - Education

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