Overview
What is Oakland-Alameda County Coliseum Foundation?
The Oakland-Alameda County Coliseum Foundation is a nonprofit organization located at 3697 MT Diablo Boulevard, Lafayette, CA 94549. Its primary mission is to encourage and promote higher education by providing educational scholarships to senior high school students who meet specific criteria. The foundation distributes scholarships through various funds, including the Nahas Scholarship Fund, Scotlan Scholarship Fund, Reynolds Scholarship Fund, and Morgan Scholarship Fund. These funds collectively supported fifteen, six, seven, and eight students, respectively, in their pursuit of higher education. The foundation's actions align with its goal to foster academic growth and opportunities for students in Alameda County.
Official website here: www.coliseumscholarshipfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%)
The Oakland-Alameda County Coliseum Foundation has received a Two-Star out of Four Star rating due to its performance primarily in accountability and finance. With an overall score of 69%, the foundation demonstrates strengths in maintaining an independent board with 100% of its members being independent and a solid program expense ratio of 95.86%. These aspects indicate that the majority of its expenses are directed towards its programs rather than administrative costs.
However, the organization faces significant limitations in terms of its financial transparency and governance policies. It scored zero points in several critical areas, including the lack of a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, its financial statements were not provided, which raises concerns about the foundation's overall accountability.
While the organization is effective in channeling funds towards its mission, the absence of important governance documents and financial transparency may hinder its potential for broader donor trust and engagement. Improvements in these areas could help enhance the foundation's overall rating and reputation among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oakland-Alameda County Coliseum Foundation legitimate?
Oakland-Alameda County Coliseum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland-Alameda County Coliseum 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.
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Official website here: www.coliseumscholarshipfoundation.com
What is the mission statement of Oakland-Alameda County Coliseum Foundation?
The Oakland-Alameda County Coliseum Foundation's mission is centered around fostering higher education. They accomplish this by granting educational scholarships to deserving senior high school students who meet the specific criteria of the scholarship funds. The foundation currently awards scholarships through various funds such as the Nahas Scholarship Fund, Scotlan Scholarship Fund, Reynolds Scholarship Fund, and the Morgan Scholarship Fund, benefiting a total of fifteen students annually. The scholarships aim to support these students as they graduate from any public or private high school in Alameda County, thereby encouraging and promoting higher education.
Official website here: www.coliseumscholarshipfoundation.com
Who is the CEO of Oakland-Alameda County Coliseum Foundation?
Ron Nahas is the Director of Oakland-Alameda County Coliseum Foundation.
Official website here: www.coliseumscholarshipfoundation.com
What is the revenue of Oakland-Alameda County Coliseum Foundation?
Oakland-Alameda County Coliseum Foundation's revenue in 2022 was $945,325.
Official website here: www.coliseumscholarshipfoundation.com
Who are the executives of Oakland-Alameda County Coliseum Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.coliseumscholarshipfoundation.com
Where can I find the form 990 for Oakland-Alameda County Coliseum Foundation?
Oakland-Alameda County Coliseum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coliseumscholarshipfoundation.com
Learn more at the official website: www.coliseumscholarshipfoundation.com
Mission Statement of Oakland-Alameda County Coliseum Foundation
The Oakland-Alameda County Coliseum Foundation is an organization committed to encouraging higher education. They accomplish this goal by offering educational scholarships to senior high school students who meet the specific criteria of the various scholarship funds. The foundation has distributed scholarships to fifteen students through the Nahas Scholarship Fund, six students through the Scotlan Scholarship Fund, seven students through the Reynolds Scholarship Fund, and eight students through the Morgan Scholarship Fund. By providing these scholarships, the Oakland-Alameda County Coliseum Foundation is investing in the future of these young individuals, empowering them to pursue their higher education dreams and contribute to society in meaningful ways.
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Impact
July, 2024
The Oakland-Alameda County Coliseum Foundation has a significant impact on the community by actively encouraging and promoting higher education through educational scholarships. By providing scholarships to senior high school students who meet specific criteria, the foundation supports individuals in their pursuit of academic advancement. Through initiatives like the Nahas, Scotlan, Reynolds, and Morgan Scholarship Funds, the foundation has enabled numerous students to access the financial assistance necessary to further their education. This support not only benefits the scholarship recipients but also contributes to the overall educational development of Alameda County.
This information is meant to be a general summary of Oakland-Alameda County Coliseum 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: $278,691
- Gross Receipts: $1,013,849
Assets and Liabilities:
- Total Assets: $2,679,293
- Total Liabilities: $0
- Net Assets: $2,679,293
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Organization Details
Founding Year
1982
Phone
(510) 383-4923Principal Officer
Ron Nahas
Main Address
3697 MT DIABLO BOULEVARD 250, LAFAYETTE, CA, 94549
NTEE Category
Code: B20Z - Education
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