Overview
What is Palomar College Foundation?
The Palomar College Foundation is a nonprofit organization based in San Marcos, California, specifically located at 1140 W Mission Road, 92069. Their primary mission is to generate supplemental funding and resources for Palomar Community College and its students. Through their efforts, they provide crucial program support to enhance the educational experience at the college. The Foundation's activities include granting scholarships and allocating resources to various initiatives to help benefit Palomar Community College and its students.
Official website here: www.palomar.edu/foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 99%, Four-Star out of Four Star rating.
The Palomar College Foundation has achieved an impressive score of 99%, reflecting strong performance in accountability and finance as well as community engagement. The foundation boasts a perfect Accountability & Finance score of 100, indicating high standards in financial oversight, transparency, and governance, with a fully independent board and solid financial health, evidenced by a low liabilities-to-assets ratio.
In terms of organizational effectiveness, the foundation's Culture & Community score of 93 highlights its commitment to constituent engagement and feedback, achieving full marks in feedback collection and usage. However, while the foundation's equity strategies are commendable with a score of 89, the equity data and policies could be further developed, as indicated by slightly lower scores in those areas. Overall, the foundation demonstrates a strong commitment to its mission and effective management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Palomar College Foundation legitimate?
Palomar College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palomar 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: $52,479
For more financial information, click here
Official website here: www.palomar.edu/foundation
What is the mission statement of Palomar College Foundation?
The Palomar College Foundation works in collaboration with the community to acquire additional funding and resources for Palomar Community College and its students. Their mission is to provide program support and securing grants, allocations, and scholarships to benefit the students attending Palomar Community College. By doing so, the foundation aims to enhance the educational experience and opportunities for the college's student body.
Official website here: www.palomar.edu/foundation
Who is the CEO of Palomar College Foundation?
Susan Miller is the Treasurer of Palomar College Foundation.
Official website here: www.palomar.edu/foundation
What is the revenue of Palomar College Foundation?
Palomar College Foundation's revenue in 2022 was $12,040,496.
Official website here: www.palomar.edu/foundation
Who are the executives of Palomar College Foundation and what are their salaries?
There 11 volunteers at Palomar College Foundation.
Here are 14 key members and their salaries:
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- Related: $168,509
- Other: $67,115
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Official website here: www.palomar.edu/foundation
Where can I find the form 990 for Palomar College Foundation?
Palomar College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palomar.edu/foundation
Learn more at the official website: www.palomar.edu/foundation
Mission Statement of Palomar College Foundation
The Palomar College Foundation plays a vital role in enhancing the capabilities and opportunities for students at Palomar Community College. With the backing of the community, this organization secures essential funding and resources, ensuring the college and its learners thrive.
The Palomar College Foundation's primary objective is to provide program support and additional funds for Palomar Community College and its students. Through various grants, allocations, and scholarships, it aims to make a significant difference in the lives of students, enabling them to pursue their academic goals unencumbered by financial barriers. By doing so, the foundation contributes to the overall success and growth of the college community.
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Impact
October, 2024
The Palomar College Foundation significantly impacts the educational landscape by securing supplemental funding and resources crucial for enhancing student experiences at Palomar Community College. Through grants, allocations, and scholarships, the Foundation directly benefits students, empowering them to pursue their academic and career goals. This support helps bridge financial gaps, allowing a diverse range of learners to access quality education and resources necessary for their success. The Foundation's commitment to community engagement further strengthens its initiatives, ultimately fostering a richer educational environment in San Marcos, California.
This information is meant to be a general summary of Palomar 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: $527,071
- Gross Receipts: $12,110,119
Assets and Liabilities:
- Total Assets: $24,083,180
- Total Liabilities: $39,092
- Net Assets: $24,044,088
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Organization Details
Founding Year
1959
Phone
(760) 744-1150Principal Officer
Susan Miller
Main Address
1140 W MISSION ROAD, SAN MARCOS, CA, 92069
Website
www.palomar.edu/foundationNTEE Category
Code: B42I - Education
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