Overview
What is The College Of The Canyons Foundation?
The College of the Canyons Foundation is a nonprofit organization situated in Valencia, California. Its primary mission is to offer financial support for the Santa Clarita Community College District, specifically College of the Canyons. This assistance extends beyond the financial capabilities of tax dollars, enabling the college to surpass its achievement level and strive for excellence in teaching, scholarship, vocational training, and innovation. The foundation believes in the collaboration between public educational institutions and private enterprises to provide an affordable and accessible college education for all who aspire to succeed. The organization primarily provides scholarships to students within the community and offers supplemental financial support for educational programs at College of the Canyons, as per its description. The foundation operates with a small workforce of one individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The College of the Canyons Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The foundation's overall score is based solely on its accountability and finance performance, which stands at an impressive 94%. This high rating reflects the organization’s transparency and effective financial management, ensuring that a significant portion of funds are directed toward programs.
Strengths of the foundation include its fully independent board, consisting of 32 members, which enhances governance and decision-making. Additionally, the foundation maintains a clean record with no material diversion of assets and has established key policies such as conflict of interest, whistleblower protection, and document retention. The organization also demonstrates a healthy financial structure, with a low liabilities to assets ratio and a high program expense ratio of 86.46%, signifying that most of its expenditures go directly to its charitable programs.
There are no notable limitations mentioned in the data regarding the foundation's operations or governance. Overall, the College of the Canyons Foundation exemplifies a well-managed nonprofit organization, ensuring accountability and effectively serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The College Of The Canyons Foundation legitimate?
The College Of The Canyons Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The College Of The Canyons 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:
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What is the mission statement of The College Of The Canyons Foundation?
The College of The Canyons Foundation's mission is to provide financial support for educational programs at College of The Canyons. This financial aid enables the district's sole college to surpass the achievements that tax dollars alone can support and strive for the highest levels of excellence in teaching, scholarship, vocational training, and innovation. The foundation believes in the collaboration between public educational institutions and private enterprises to offer an affordable and accessible higher education for all who aspire to succeed. They aim to enhance the quality of education beyond the limitations of public funding.
Who is the CEO of The College Of The Canyons Foundation?
Shawna Lubs is the Director of The College Of The Canyons Foundation.
What is the revenue of The College Of The Canyons Foundation?
The College Of The Canyons Foundation's revenue in 2023 was $1,368,895.
Who are the executives of The College Of The Canyons Foundation and what are their salaries?
There is 1 employee and 32 volunteers at The College Of The Canyons Foundation.
Here are 36 key members and their salaries:
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- Related: $72,436
- Other: $40,626
Where can I find the form 990 for The College Of The Canyons Foundation?
The College Of The Canyons Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The College Of The Canyons Foundation
The College of the Canyons Foundation's mission is centered around providing financial assistance to enhance educational programs at College of the Canyons, a community college within the Santa Clarita Community College District. This financial support enables the college to surpass the achievements that tax dollars alone can support, striving for the highest levels of excellence in teaching, scholarship, vocational training, and innovation. The foundation believes in the collaboration between public educational institutions and private enterprises to make a college education affordable and accessible for all who aspire to succeed. By doing so, The College of the Canyons Foundation contributes significantly to the district's mission of delivering quality education, fostering a conducive learning environment, and empowering students to reach their full potential.
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Impact
July, 2024
The College of the Canyons Foundation's impact lies in its ability to provide supplemental financial support for educational programs at College of the Canyons. By offering scholarships to students in the Santa Clarita Community College District, the Foundation plays a crucial role in enabling the college to exceed the level of achievement that tax dollars alone can support. The Foundation's mission is to support the Santa Clarita Community College District in striving for excellence in teaching, scholarship, vocational training, and innovation. It believes in the collaboration between public educational institutions and private enterprises to make college education affordable and accessible to all who aspire to succeed.
This information is meant to be a general summary of The College Of The Canyons 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 2023.
- Investment Income: $125,684
- Gross Receipts: $1,475,297
Assets and Liabilities:
- Total Assets: $6,145,907
- Total Liabilities: $122,214
- Net Assets: $6,023,693
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Organization Details
Founding Year
1980
Phone
(661) 362-3639Principal Officer
Shawna Lubs
Main Address
26455 N ROCKWELL CANYON RD, VALENCIA, CA, 91355
NTEE Category
Code: B42 - Education
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