Overview
What is Antelope Valley College Foundation?
The Antelope Valley College Foundation is a nonprofit organization situated in Lancaster, California, specifically at 3041 West Avenue K, CA 93536. Their primary mission is to boost educational opportunities and resources at Antelope Valley College by raising funds, fostering partnerships, and attracting donors. In the recent fiscal year, they successfully achieved their goals of increasing revenue by 5% and operating unrestricted revenue by 2%. The foundation awarded 240 scholarships, expanded their donor base, and averaged gifts of approximately $2,381. During the COVID-19 period, they connected with their donors through student-made videos due to limitations on in-person meetings. They also produced newsletters and raised significant funds during Giving Tuesday, contributing to their annual initiatives and endowments.
Official website here: www.avc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Antelope Valley College Foundation has received a solid rating of 87%, indicating strong performance in its accountability and finance practices. This score is derived entirely from its Accountability & Finance metrics, showcasing robust governance with an independent board and no material diversions of assets. The foundation excels in transparency, as evidenced by the availability of key documents and policies related to board meetings and conflict of interest.
User feedback highlights the foundation's dedication to supporting students, faculty, and the community through effective fundraising and outreach efforts. A donor noted the quality of the foundation's board members and staff, emphasizing their commitment to continuous improvement and stakeholder engagement, which reflects positively on the organization’s mission and community impact.
Despite its strengths, there is a noted limitation regarding the absence of a whistleblower policy, which could be an area for improvement. Additionally, the low fundraising efficiency ratio indicates that the foundation may need to enhance its fundraising strategies to maximize resource allocation. Overall, the Antelope Valley College Foundation demonstrates a strong commitment to its mission, even as it navigates these challenges.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Antelope Valley College Foundation legitimate?
Antelope Valley College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Antelope Valley 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:
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For more financial information, click here
Official website here: www.avc.edu/foundation
What is the mission statement of Antelope Valley College Foundation?
The Antelope Valley College Foundation's mission is centered around enhancing educational opportunities. It strives to boost resources, raise funds, and foster connections and alliances in support of the educational endeavors at Antelope Valley College. During the fiscal year ending in June 2022, the Foundation achieved its goals of increasing revenue and awarding scholarships, while also engaging the community and securing donations. It also produced newsletters and raised funds during Giving Tuesday.
Official website here: www.avc.edu/foundation
Who is the CEO of Antelope Valley College Foundation?
Dianne Knippel is the President of Antelope Valley College Foundation.
Official website here: www.avc.edu/foundation
What is the revenue of Antelope Valley College Foundation?
Antelope Valley College Foundation's revenue in 2022 was $1,586,854.
Official website here: www.avc.edu/foundation
Who are the executives of Antelope Valley College Foundation and what are their salaries?
There 76 volunteers at Antelope Valley College Foundation.
Here are 12 key members and their salaries:
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Official website here: www.avc.edu/foundation
Where can I find the form 990 for Antelope Valley College Foundation?
Antelope Valley College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avc.edu/foundation
Learn more at the official website: www.avc.edu/foundation
Mission Statement of Antelope Valley College Foundation
Antelope Valley College Foundation is dedicated to enhancing resources, fundraising, and fostering relationships and partnerships, all with the aim of bolstering educational opportunities at Antelope Valley College. The organization's mission involves two primary goals: increasing Foundation revenue by 5% annually and growing operating unrestricted revenue by 2% yearly. In addition to financial support, the Foundation also focuses on awarding scholarships, with 240 scholarships being distributed during the FY ending June 30, 2022. Furthermore, the Foundation works on expanding its donor base, having successfully added 75 new donors during this period, with the average gift amounting to $2,381.
In line with its mission, Antelope Valley College Foundation also engages with the wider community. During the end of the COVID-19 pandemic, the Foundation employed a unique approach, using student-made videos to connect with its scholarship donors, as physical meetings were not possible. Additionally, the Foundation produced four newsletters to keep its donors informed and involved. On Giving Tuesday in November, the Foundation raised $20,473 for the Hearts and Hands Pantry, further demonstrating its commitment to supporting the college community. The Foundation also managed to net $37,000 for its annual April Wine Walk, contributing to the Community Students endowment. Overall, Antelope Valley College Foundation's mission is multifaceted, encompassing financial support, scholarship provision, and community engagement, all with the ultimate goal of enhancing education at Antelope Valley College.
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Impact
July, 2024
Antelope Valley College Foundation's impact can be seen through its efforts in increasing resources, raising funds, and fostering partnerships to support education at AVC. In the fiscal year ending June 30, 2022, the Foundation achieved significant milestones such as growing Foundation revenue by 5 percent and operating unrestricted revenue by 2 percent. Additionally, they awarded 240 scholarships, increased the number of donors, engaged the community through innovative means during the pandemic, and raised significant funds through initiatives like Giving Tuesday and the April Wine Walk for the Community Students endowment. These activities demonstrate the Foundation's dedication to supporting education and making a positive impact on the community.
This information is meant to be a general summary of Antelope Valley 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 2022.
- Investment Income: $431,709
- Program Service Revenue: $136,567
- Gross Receipts: $1,598,505
Assets and Liabilities:
- Total Assets: $8,762,216
- Total Liabilities: $16,691
- Net Assets: $8,745,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fund Management Fee
Revenue
$136,567
Organization Details
Founding Year
1991
Phone
(661) 722-6391Principal Officer
Dianne Knippel
Main Address
3041 West Avenue K, Lancaster, CA, 93536
Website
www.avc.edu/foundationNTEE Category
Code: Z99Z - Unknown
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