Antelope Valley College Foundation
Antelope Valley College Foundation
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About this organization
Mission
The Foundation's mission is to increase resources, raise funds and create friends and partnerships in support of education at AVC.
About
During the year ended June 30, 2019 the Foundation engaged in the following program service activities:- Awarded 215 scholarships totaling $180,780.- Provided paid $364,366 to support activities at the College and related programs.- Grew endowment revenue to over 65% of total reported revenues.- Achieved a 7% year over year return on invested endowment monies.- Increased annual donor retention to 53% and increased the average donor annual contribution to $2,214 from $1,058.- Reduced administrative expenses by 45%- Engaged the community with the Wine Walk Fundraisers and Scholarship Meet and Greet.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “The foundation's mission is to increase resources, raise funds and create friends and partnerships in support of education at avc.”.
When discussing its operations, they were characterized as: “The foundation's mission is to increase resources, raise funds and create friends and partnerships in support of education at avc.”.
- The non-profit's legally reported state of operation is CA.
- The form submitted by the non-profit for 2020 shows a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $866,044.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization elects its board members.
- The organization has 12 independent voting members.
- The organization was formed in 1991.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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