Valencia College Foundation
Valencia College Foundation reported $16.6 million in revenue and $7.6 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $71.30 went to program services, $23.54 to management and general costs and $5.16 to fundraising. Its largest source of revenue was investment income: 69.1% of the total. The highest compensation it reported for one person was $238,438 (AVP, MAJOR G). Revenue rose 139% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $7.6MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 71.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 30.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $238,438 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.13% | 1.28% |
| People paid over $100,000 Part VII, line 2 | Not reported | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 184.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 35 of 36 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe foundation supports the activities of Valencia College by making direct contributions to the college. The foundation's guiding principles include the following: (1) to steward the resources entrusted to our care (2) to make enhancements of student learning the center of our work (3) to provide opportunities to individuals who might not otherwise be able to attend college (4) to invest wisely and conservatively (5) to partner with the college to meet its mission in the community (6) to communicate openly, frequently and honestly with our constituents (7) to honor the privacy of our donors…
The foundation disbursed 2.9 million in scholarships to students of Valencia College. The majority of the scholarships awarded are funded by donations from organizations and individuals interested in supporting students through endowed scholarship funds or gifts for immediate use
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| AVP, MAJOR G Highest compensated employee, 40.00 hrs/week | $0 | $155,420 | $83,018 | $238,438 |
| FOUNDATION C Officer, 8.00 hrs/week | $0 | $184,417 | $53,353 | $237,770 |
| DIR. OF ACCO Highest compensated employee, 40.00 hrs/week | $0 | $108,146 | $35,670 | $143,816 |
| EXECUTIVE DI Officer, 40.00 hrs/week | $0 | $86,313 | $34,216 | $120,529 |
| INTERIM EXEC Officer, 13.00 hrs/week | $0 | $31,500 | $0 | $31,500 |
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b36 · 35 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 662
Private foundation grants it received
7 private foundations reported grants to Valencia College Foundation totaling $341K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Valencia College Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Valencia College Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Valencia College Foundation spent in FY2025, $71.30 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Carey SchoolSan Mateo, CA · revenue $17M · programs 80.8% · FY2025
- Shreveport Charter SchoolShreveport, LA · revenue $17M · programs 81.1% · FY2025
- Carlthorp SchoolSanta Monica, CA · revenue $17M · programs 81.0% · FY2025
- TessellationsCupertino, CA · revenue $17M · programs 61.8% · FY2025
- Trinity AcademyRaleigh, NC · revenue $17M · programs 70.6% · FY2025
Questions people ask
How much of Valencia College Foundation's spending goes to programs?
In the fiscal year ending March 31, 2025, Valencia College Foundation reported that 71.3% of its $7.6 million in expenses went to program services, 23.5% to management and general and 5.2% to fundraising (Form 990, Part IX).
How much does Valencia College Foundation pay its top executive?
The largest total compensation Valencia College Foundation reported for one person in the fiscal year ending March 31, 2025 was $238,438, for the role of AVP, MAJOR G (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Valencia College Foundation get its money?
Of $16.6 million in revenue in the fiscal year ending March 31, 2025, 30.1% came from contributions and grants (including 1.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Valencia College Foundation a registered charity?
The IRS lists EIN 23-7442785 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202532769349301328 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202443189349307374 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202323409349301157 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202212369349300501 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202102249349302415 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202042309349300324 · read the filing
All filings for EIN 23-7442785: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.