nonprofit logo

Foundation For A College Education

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770401635 ✦ East palo alto, CA ✦ Designated as a 501(c)(3)

Overview

What is Foundation For A College Education?

The Foundation For A College Education (FCE) is a nonprofit organization located in East Palo Alto, California, specifically at 1950 Bay Road. Their primary mission is to empower low-income students of color from the local community to successfully complete a four-year college or university education. FCE achieves this goal through their College Bound Program, which offers a comprehensive range of services. These include academic tutoring, leadership development, college planning and counseling, financial aid and scholarship guidance, ensuring that 100% of their students graduate from high school and continue into post-secondary institutions. Remarkably, 88% of these students complete their college education within six years. FCE's motivation stems from a desire to positively impact the social and economic conditions of the East Palo Alto community, believing in education as a catalyst for individual, family, and community transformation. The organization boasts a dedicated workforce of 19 employees.


Official website here: www.collegefoundation.org

Is Foundation For A College Education legitimate?

Foundation For A College Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For A College Education 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.

Here are some key statistics you may want to consider:

Executive Compensation: $217,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $520,908

For more financial information, click here


Official website here: www.collegefoundation.org

What is the mission statement of Foundation For A College Education?

The Foundation for a College Education's mission is centered around empowering low-income students of color from specific communities to complete their higher education. Established with the goal of enhancing the socio-economic status of residents in East Palo Alto, California, the foundation believes in the transformative power of education. It aims to increase the number of these students graduating from four-year colleges or universities, thereby contributing to their personal, familial, and community growth.


Official website here: www.collegefoundation.org

Who is the CEO of Foundation For A College Education?

Elizabeth Wells is the Executive Dir. of Foundation For A College Education.


Official website here: www.collegefoundation.org

What is the revenue of Foundation For A College Education?

Foundation For A College Education's revenue in 2022 was $1,483,171.


Official website here: www.collegefoundation.org

Who are the executives of Foundation For A College Education and what are their salaries?

The average compensation at Foundation For A College Education during 2022 was $38,881. There are 19 employees and 51 volunteers at Foundation For A College Education.

Here are 16 key members and their salaries:

    Maria Crummet (Executive Dir.)
  • Compensation: $144,000
  • Related: $0
  • Other: $17,954

    • Michael Mcfarland (Dir. Of Developmen)
  • Compensation: $94,211
  • Related: $0
  • Other: $9,488

    • Leila Jere (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul G Resnick (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tait Wade (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Brody (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Duncan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Devin Gaines (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Pishny (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Andrews (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eneida Revueltas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Rubin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Givens (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Willig (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adili Skillin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Ikeda (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.collegefoundation.org

    Where can I find the form 990 for Foundation For A College Education?

    The Foundation For A College Education’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.collegefoundation.org

    Learn more at the official website: www.collegefoundation.org

    Mission Statement of Foundation For A College Education

    The Foundation For A College Education, abbreviated as FCE, is a nonprofit organization dedicated to empowering low-income students of color from East Palo Alto and surrounding communities. Its mission is centered around increasing the number of these students who successfully complete a degree from a four-year college or university. FCE was born out of a shared desire among its founders to contribute to improving the social and economic conditions of their local community. The organization believes in the transformative power of education, positing that it can bring about significant changes at the individual, family, and community levels. FCE's mission is geared towards making higher education more accessible and attainable for underrepresented groups, thereby paving the way for a more equitable and inclusive society.

    Impact

    This information is meant to be a general summary of Foundation For A College Education. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Foundation For A College Education's impact is profound. Through their College Bound Program, they have enabled low-income students of color from East Palo Alto and surrounding communities to successfully enter and graduate from college. By emphasizing high expectations and providing comprehensive support including tutoring, leadership development, college planning and counseling, financial aid, and scholarship application guidance, FCE has achieved remarkable results.

    100% of FCE's students graduate from high school and enroll in post-secondary institutions, and an impressive 88% of them complete college within six years. FCE not only helps students develop the academic skills necessary for success in college but also instills self-confidence that propels them towards a bright future. Through their work, FCE is contributing to improving the social and economic conditions of East Palo Alto residents, proving that education is indeed a powerful tool for individual, family, and community change.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16,707
  • Program Service Revenue: $0
  • Gross Receipts: $1,489,654

    • Assets and Liabilities:
  • Total Assets: $1,740,103
  • Total Liabilities: $238,411
  • Net Assets: $1,501,692
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Elizabeth Wells

    Main Address

    1950 Bay Road, East Palo Alto, CA, 94303

    NTEE Category

    Code: B82 - Education

    If you are a representative of Foundation For A College Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.