Overview
What is Los Medanos College Foundation?
Since its establishment in 1997, Los Medanos College Foundation has been dedicated to aiding Los Medanos College students in realizing their aspirations. The foundation raises funds and allocates crucial financial assistance for educational and career technical training programs, teaching facilities, student scholarships, and emergency funds. Support to college programs is a significant focus area, directly impacting students daily through various success initiatives and mentor cohorts. Over the past five years, the foundation has granted over 9,000 scholarships to students seeking higher education, funded career technical programs in nursing, electrical engineering, law enforcement, emergency medical technology, and firefighting, and provided emergency financial aid to over 400 low-income students. With the support of the generous East County community, the foundation has managed to stay active through donations, participation in special events, and involvement in the college's award-winning academic programs and faculty.
Official website here: www.losmedanos.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
The Los Medanos College Foundation has achieved an impressive rating of 97%, reflecting a strong commitment to accountability and finance. This high score is derived entirely from its accountability metrics, showcasing the organization’s transparency and responsible financial management. The foundation excels in various areas, including having a fully independent board, which contributes to its robust governance structure.
Strengths noted in the evaluation include a perfect score for the majority of its board members being independent and compliance with various policies, such as conflict of interest and whistleblower protections. Additionally, the foundation demonstrates prudent financial practices, as indicated by a low liabilities-to-assets ratio and a high program expense ratio, which suggests a focus on direct impact through its programs.
While the rating reflects exceptional performance in financial accountability, the evaluation did not highlight any specific limitations or areas for improvement, indicating overall strong operational practices. The foundation appears well-prepared to continue its mission effectively, ensuring that resources are directed towards supporting students and educational initiatives at Los Medanos College.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Los Medanos College Foundation?
82% of 345 reviewers on Facebook recommend the Los Medanos College Foundation. Here is a summary of their reviews:
The sentiment towards the foundation appears to be generally positive, with many users acknowledging the value of the college's programs and initiatives. However, there are suggestions for improvement, such as the interest in expanding course offerings to include unique subjects like beekeeping.
Overall, while the majority of reviewers express support for the foundation, there's an eagerness for more diverse educational opportunities that could enhance the community's learning experience.
This AI summary has been generated from reviews found on Facebook.
Is Los Medanos College Foundation legitimate?
Los Medanos College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Medanos 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: $0
For more financial information, click here
Official website here: www.losmedanos.edu
What is the mission statement of Los Medanos College Foundation?
The Los Medanos College Foundation's mission is centered around developing resources and relationships to provide financial support to students of Los Medanos College. This support encompasses student scholarships, programs, and services, instructional supplies, and facility improvements. By doing so, the foundation aims to help students fulfill their academic dreams and prepare for future careers. Over the years, the foundation has been instrumental in awarding scholarships to transfer students, supporting career technical programs, and providing emergency financial aid to low-income students. The foundation's efforts have also led to the development of initiatives that help students acquire skills leading to high-paying jobs. The support of the East County community through donations and participation in events has been crucial to the foundation's success in providing educational excellence.
Official website here: www.losmedanos.edu
What is the revenue of Los Medanos College Foundation?
Los Medanos College Foundation's revenue in 2024 was $262,566.
Official website here: www.losmedanos.edu
Who are the executives of Los Medanos College Foundation and what are their salaries?
There 8 volunteers at Los Medanos College Foundation.
Here are 10 key members and their salaries:
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- Related: $128,183
- Other: $9,633
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- Related: $265,128
- Other: $33,204
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Official website here: www.losmedanos.edu
Where can I find the form 990 for Los Medanos College Foundation?
Los Medanos College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.losmedanos.edu
Learn more at the official website: www.losmedanos.edu
Mission Statement of Los Medanos College Foundation
The Los Medanos College Foundation, established in 1997, is committed to building pathways for students at Los Medanos College to achieve their dreams. This nonprofit organization's mission is to develop resources and relationships, aiming to provide financial support to students through various means. This support includes student scholarships, student programs and services, instructional supplies, and facility improvements. By doing so, the Foundation plays a significant role in enhancing educational and career technical training programs, teaching facilities, and overall student success initiatives.
Over the past five years, the Los Medanos College Foundation has made substantial contributions to its mission. It has awarded over 9,000 scholarships to students to transfer to four-year colleges and universities, providing financial assistance to those seeking higher education. Moreover, the Foundation supports career technical programs in various fields such as nursing, electrical engineering, law enforcement, emergency medical technology, and firefighting. These programs equip students with the necessary skills to secure jobs that offer annual salaries exceeding $90,000.
Additionally, the Los Medanos College Foundation provides emergency financial support to more than 400 low-income students struggling with basic needs. Once these needs are met, students can continue their education and complete their goals. The Foundation's mission is made possible through the generous support of the East County community, which donates to the organization, participates in special events, and involves itself with the award-winning academic programs and faculty at Los Medanos College. The commitment of these donors and sponsors underscores the value that Los Medanos College holds for businesses, industry, and the community as a whole, providing educational excellence to students entering its doors.
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Impact
October, 2024
The Los Medanos College Foundation has a profound impact on students’ educational journeys, fostering opportunities and support that help them achieve their academic and career aspirations. Since its inception in 1997, the foundation has been dedicated to creating pathways for students, raising essential funds to provide scholarships, enhance programs, and improve facilities.
Over the past five years, the foundation has awarded more than 9,000 scholarships, enabling students to transfer to four-year colleges and universities. This financial backing not only alleviates the burden of tuition but also empowers students from diverse backgrounds to pursue higher education without the fear of financial instability. The foundation plays a crucial role in supporting career technical programs in fields such as nursing, electrical engineering, law enforcement, emergency medical technology, and firefighting, equipping students with the skills necessary for high-demand jobs. Many of these career pathways lead to positions with salaries exceeding $90,000 per year, significantly impacting students' lives and the community at large.
Additionally, the foundation addresses immediate needs by providing emergency financial support to over 400 low-income students facing basic struggles. By helping these students meet essential needs, the foundation ensures they can remain enrolled and focused on their educational goals.
The support from the East County community, including donations and involvement in events, underscores the collaborative spirit that fuels the foundation's mission. This partnership between the foundation and the community exemplifies a shared commitment to educational excellence and the importance of investing in the future of students, which in turn benefits the broader community and workforce.
This information is meant to be a general summary of Los Medanos 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 2024.
- Investment Income: $44,797
- Gross Receipts: $381,509
Assets and Liabilities:
- Total Assets: $1,356,061
- Total Liabilities: $2,950
- Net Assets: $1,353,111
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Organization Details
Founding Year
1997
Principal Officer
Mike Mcgill
Website
www.losmedanos.eduNTEE Category
Code: B99 - Education
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