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College Futures Foundation is a private corporation based in OAKLAND, CA. The foundation received its IRS ruling in 1990. It holds total assets of $561.6M. Annual income is reported at $47M. TO SUPPORT CONSULTING, RESEARCH, AND MEETING COSTS FOR THE GOVERNOR'S COUNCIL FOR POST-SECONDARY EDUCATION AND RECOVERY WITH EQUITY TASKFORCE. According to available records, College Futures Foundation has made 783 grants totaling $74.8M, with a median grant of $25K. The foundation has distributed between $16M and $42.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $42.3M distributed across 408 grants. Individual grants have ranged from $40 to $1.1M, with an average award of $96K. The foundation has supported 271 unique organizations. The foundation primarily supports organizations in California, District of Columbia, Rhode Island, which account for 87% of all grants. Grantmaking reaches organizations across 20 states. Contributions to this foundation are tax-deductible.
TO SUPPORT CONSULTING, RESEARCH, AND MEETING COSTS FOR THE GOVERNOR'S COUNCIL FOR POST-SECONDARY EDUCATION AND RECOVERY WITH EQUITY TASKFORCE.
Expenses: $438K
TO SUPPORT CONSULTING, RESEARCH, EVALUATION, AND CONVENING COSTS TO FURTHER THE GOALS OF THE FINANCE & AFFORDABILITY STRATEGY.
Expenses: $405K
INTERNAL STAFF TIME DEDICATED TO 1) OVERSEEING THE DEVELOPMENT AND ANALYSIS OF ISSUES AND OPTIONS FOR FINANCING PUBLIC HIGHER EDUCATION, 2) SUPPORTING THE GOVERNOR'S COUNCIL FOR POST-SECONDARY EDUCATION AND RECOVERY WITH EQUITY TASKFORCE, AND 3) SUPPORTING STRATEGIC COMMUNICATIONS ACTIVITIES UNDER THE FOUNDATION'S PUBLIC ENGAGEMENT AND INFLUENCE PLAN TO ADVANCE EQUITY IN B.A. COMPLETION AND SOCIOECONOMIC MOBILITY.
Expenses: $210K
TO SUPPORT CONSULTING, PROJECT MANAGEMENT, EVALUATION, AND CONVENINGS RELATED TO IMPLEMENTATION OF THE STUDENT-CENTRIC PRACTICES STRATEGY.
Expenses: $192K
TO SUPPORT CONSULTING, RESEARCH, AND MEETING COSTS FOR THE GOVERNOR'S COUNCIL FOR POST-SECONDARY EDUCATION AND RECOVERY WITH EQUITY TASKFORCE. Based on available records, the foundation has funded 783 grants. Its grantmaking reaches organizations primarily in CA, DC, RI.
College Futures Foundation has distributed a total of $74.8M across 783 grants. The median grant size is $25K, with an average of $96K. Individual grants have ranged from $40 to $1.1M.
College Futures Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is BOARD GRANTS: 1/26/21, 4/27/21, 7/27/2021, 10/19/21. DELEGATED GRANTS: ROLLING THROUGHOUT THE YEAR.. GRANT APPLICATIONS ARE ACCEPTED FROM: - NON-PROFIT ORGANIZATIONS (OR FISCAL SPONSORS) CLASSIFIED AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE IRC. - CA STATE PUBLIC AGENCIES OR GOVERNMENT ENTITIES - FOR-PROFIT ORGANIZATIONS WHOSE WORK CLOSELY ALIGNS WITH OUR MISSION (EXPENDITURE RESPONSIBILITY IS EXERCISED FOR IRS LEGAL COMPLIANCE).
College Futures Foundation is headquartered in OAKLAND, CA. While based in CA, the foundation distributes grants to organizations across 20 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ortiz-Oakley Eloy | PRESIDENT/CEO, BOARD MEMBER EX-OFFICIO | $529K | $95K | $624K |
| Wallace Phillippe | COO AND SECRETARY | $436K | $86K | $522K |
| Lucas Donna | BOARD MEMBER, CHAIR | $30K | $0 | $30K |
| Avalos Arnoldo | BOARD MEMBER | $16K | $0 | $16K |
| Swearengin Ashley | VICE CHAIR | $16K | $0 | $16K |
Total Giving
$40.9M
Total Assets
$536.2M
Fair Market Value
$534.2M
Net Worth
$520.2M
Grants Paid
$17.6M
Contributions
$0
Net Investment Income
$21.7M
Distribution Amount
$24.9M
Total: $13.8M
Total Grants
783
Total Giving
$74.8M
Average Grant
$96K
Median Grant
$25K
Unique Recipients
271
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityPROGRAM GRANT | Providence, RI | $451K | 2023 |
| Community PartnersPROGRAM GRANT | Los Angeles, CA | $200K | 2023 |
| CalmattersPROGRAM GRANT | Sacramento, CA | $500K | 2023 |
| Public Policy Institute Of CaliforniaPROGRAM GRANT | San Francisco, CA | $500K | 2023 |
| California State University Long Beach Research FoundationPROGRAM GRANT |
Other foundations that have funded College Futures Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| James Irvine Foundation | $2.5M | 2022 | For a partnership with College Futures |
| James Irvine Foundation | $2.5M | 2022 | For a partnership with College Futures |
| Mendonca Lenny | BOARD MEMBER | $16K | $0 | $16K |
| Seldon Willa | BOARD MEMBER | $16K | $0 | $16K |
| Taylor Peter | BOARD MEMBER (THROUGH 12/31/23) | $16K | $0 | $16K |
| Escutia Martha | BOARD MEMBER | $16K | $0 | $16K |
| Whitmore Richard | BOARD MEMBER | $16K | $0 | $16K |
| Oubre Linda | BOARD MEMBER | $16K | $0 | $16K |
| Yee Betty | BOARD MEMBER | $12K | $0 | $12K |
| Long Beach, CA |
| $400K |
| 2023 |
| Campaign For College OpportunityPROGRAM GRANT | Los Angeles, CA | $400K | 2023 |
| Edsource IncPROGRAM GRANT | Oakland, CA | $375K | 2023 |
| Foundation For California Community CollegesPROGRAM GRANT | Sacramento, CA | $350K | 2023 |
| Blu Educational FoundationPROGRAM GRANT | San Bernardino, CA | $300K | 2023 |
| The Education Trust IncPROGRAM GRANT | Oakland, CA | $300K | 2023 |
| California CompetesPROGRAM GRANT | Oakland, CA | $300K | 2023 |
| Alliance For A Better CommunityPROGRAM GRANT | Los Angeles, CA | $300K | 2023 |
| The Regents Of The University Of California DavisPROGRAM GRANT | Davis, CA | $290K | 2023 |
| San Diego State University Research FoundationPROGRAM GRANT | San Diego, CA | $280K | 2023 |
| United Way Of The Bay AreaPROGRAM GRANT | Los Angeles, CA | $276K | 2023 |
| Go Public SchoolsPROGRAM GRANT | Sacramento, CA | $258K | 2023 |
| Public AdvocatesPROGRAM GRANT | San Francisco, CA | $250K | 2023 |
| Open Campus Media IncPROGRAM GRANT | Washington, DC | $250K | 2023 |
| The Rp Group IncPROGRAM GRANT | San Rafael, CA | $250K | 2023 |
| The Institute For College Access & SuccessPROGRAM GRANT | Oakland, CA | $250K | 2023 |
| California State University Northridge FoundationPROGRAM GRANT | Northridge, CA | $225K | 2023 |
| Engage RdPROGRAM GRANT | Pasadena, CA | $214K | 2023 |
| Southern California Public RadioPROGRAM GRANT | Pasadena, CA | $200K | 2023 |
| The Aspen InstitutePROGRAM GRANT | Washington, DC | $200K | 2023 |
| California Community FoundationPROGRAM GRANT | Los Angeles, CA | $200K | 2023 |
| Cal Poly Pomona Foundation IncPROGRAM GRANT | Pomona, CA | $189K | 2023 |
| The Regents Of The University Of California At BerkeleyPROGRAM GRANT | Los Angeles, CA | $183K | 2023 |
| Community College League Of CaliforniaPROGRAM GRANT | Sacramento, CA | $179K | 2023 |
| Community InitiativesPROGRAM GRANT | Oakland, CA | $175K | 2023 |
| Unite-LaPROGRAM GRANT | Los Angeles, CA | $155K | 2023 |
| California State University Bakersfield FoundationPROGRAM GRANT | Bakersfield, CA | $152K | 2023 |
| Innercity StrugglePROGRAM GRANT | Los Angeles, CA | $150K | 2023 |
| Community Coalition For Substance Abuse Prevention & TreatmentPROGRAM GRANT | Los Angeles, CA | $150K | 2023 |
| Congregations Organized For Prophetic EngagementPROGRAM GRANT | San Bernardino, CA | $150K | 2023 |
| Cal State Fullerton Philanthropic FoundationPROGRAM GRANT | Fullerton, CA | $150K | 2023 |
| Tides CenterPROGRAM GRANT | San Francisco, CA | $150K | 2023 |
| Consejo De Federaciones Mexicanas En Norte AmericaPROGRAM GRANT | Los Angeles, CA | $150K | 2023 |
| Big Brothers Big Sisters Of Orange County And Inland EmpirePROGRAM GRANT | Santa Ana, CA | $150K | 2023 |
| Onefuture Coachella ValleyPROGRAM GRANT | Palm Desert, CA | $150K | 2023 |
| BravenPROGRAM GRANT | San Jose, CA | $150K | 2023 |
| The Regents Of The University Of California MercedPROGRAM GRANT | Merced, CA | $140K | 2023 |
| California Coalition Of Early And Middle CollegesPROGRAM GRANT | Stockton, CA | $140K | 2023 |
| University Of Southern CaliforniaPROGRAM GRANT | Los Angeles, CA | $135K | 2023 |
| Californians Dedicated To Education FoundationPROGRAM GRANT | San Francisco, CA | $131K | 2023 |
| National Community College Hispanic CouncilPROGRAM GRANT | Sacramento, CA | $125K | 2023 |
| Teachers College Columbia UniversityPROGRAM GRANT | New York, NY | $125K | 2023 |
| A2mendPROGRAM GRANT | Elk Grove, CA | $121K | 2023 |
| Asian Americans Advancing Justice Southern CaliforniaPROGRAM GRANT | Los Angeles, CA | $120K | 2023 |
| Nextgen Climate America Inc Dba Nextgen PolicyPROGRAM GRANT | Sacramento, CA | $115K | 2023 |
| Stem AdvantagePROGRAM GRANT | Huntington Beach, CA | $113K | 2023 |
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