Overview
What is Foundation For A College Education?
The Foundation For A College Education (FCE) is a nonprofit organization located in East Palo Alto, California, specifically at 1950 Bay Road. Their primary mission is to empower low-income students of color from the local community to successfully complete a four-year college or university education. FCE achieves this goal through their College Bound Program, which offers a comprehensive range of services. These include academic tutoring, leadership development, college planning and counseling, financial aid and scholarship guidance, ensuring that 100% of their students graduate from high school and continue into post-secondary institutions. Remarkably, 88% of these students complete their college education within six years. FCE's motivation stems from a desire to positively impact the social and economic conditions of the East Palo Alto community, believing in education as a catalyst for individual, family, and community transformation. The organization boasts a dedicated workforce of 19 employees.
Official website here: www.collegefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Foundation For A College Education has received a solid rating of 80% from Charity Navigator, reflecting a commendable commitment to organizational accountability and impact. With an impressive score of 98 in Impact & Measurement and 100 in Leadership & Adaptability, the foundation demonstrates an effective approach to supporting students through their educational journeys. Their policy framework is robust, featuring a fully independent board and comprehensive conflict of interest and whistleblower policies.
User reviews highlight the foundation's significant role in helping students transition to four-year colleges, with many praising its impactful programs and supportive relationships built with families. Reviewers emphasize the foundational commitment to improving educational outcomes, noting that the program’s reach and effectiveness are deserving of recognition across the education sector.
While the organization scores well overall, its Program Expense Ratio of 57.75% indicates that there may be room for improvement in allocating funds directly to program services. However, the foundation's strong feedback collection and usage scores suggest a willingness to adapt and respond to the needs of its community. Overall, the foundation stands out for its dedication to making a measurable difference in the lives of students.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Foundation For A College Education legitimate?
Foundation For A College Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For A College Education 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: $217,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $520,908
For more financial information, click here
Official website here: www.collegefoundation.org
What is the mission statement of Foundation For A College Education?
The Foundation for a College Education's mission is centered around empowering low-income students of color from specific communities to complete their higher education. Established with the goal of enhancing the socio-economic status of residents in East Palo Alto, California, the foundation believes in the transformative power of education. It aims to increase the number of these students graduating from four-year colleges or universities, thereby contributing to their personal, familial, and community growth.
Official website here: www.collegefoundation.org
Who is the CEO of Foundation For A College Education?
Elizabeth Wells is the Executive Dir. of Foundation For A College Education.
Official website here: www.collegefoundation.org
What is the revenue of Foundation For A College Education?
Foundation For A College Education's revenue in 2022 was $1,483,171.
Official website here: www.collegefoundation.org
Who are the executives of Foundation For A College Education and what are their salaries?
The average compensation at Foundation For A College Education during 2022 was $38,881. There are 19 employees and 51 volunteers at Foundation For A College Education.
Here are 16 key members and their salaries:
- Compensation: $144,000
- Related: $0
- Other: $17,954
- Compensation: $94,211
- Related: $0
- Other: $9,488
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.collegefoundation.org
Where can I find the form 990 for Foundation For A College Education?
Foundation For A College Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.collegefoundation.org
Learn more at the official website: www.collegefoundation.org
Mission Statement of Foundation For A College Education
The Foundation For A College Education, abbreviated as FCE, is a nonprofit organization dedicated to empowering low-income students of color from East Palo Alto and surrounding communities. Its mission is centered around increasing the number of these students who successfully complete a degree from a four-year college or university. FCE was born out of a shared desire among its founders to contribute to improving the social and economic conditions of their local community. The organization believes in the transformative power of education, positing that it can bring about significant changes at the individual, family, and community levels. FCE's mission is geared towards making higher education more accessible and attainable for underrepresented groups, thereby paving the way for a more equitable and inclusive society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Foundation For A College Education's impact is profound. Through their College Bound Program, they have enabled low-income students of color from East Palo Alto and surrounding communities to successfully enter and graduate from college. By emphasizing high expectations and providing comprehensive support including tutoring, leadership development, college planning and counseling, financial aid, and scholarship application guidance, FCE has achieved remarkable results.
100% of FCE's students graduate from high school and enroll in post-secondary institutions, and an impressive 88% of them complete college within six years. FCE not only helps students develop the academic skills necessary for success in college but also instills self-confidence that propels them towards a bright future. Through their work, FCE is contributing to improving the social and economic conditions of East Palo Alto residents, proving that education is indeed a powerful tool for individual, family, and community change.
This information is meant to be a general summary of Foundation For A College Education. 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: $16,707
- Gross Receipts: $1,489,654
Assets and Liabilities:
- Total Assets: $1,740,103
- Total Liabilities: $238,411
- Net Assets: $1,501,692
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(650) 322-5048Principal Officer
Elizabeth Wells
Main Address
1950 Bay Road, East Palo Alto, CA, 94303
Website
www.collegefoundation.orgNTEE Category
Code: B82 - Education
If you are a representative of Foundation For A College Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.