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Valencia College Foundation, Inc.

Valencia College Foundation, Inc.

Orlando, FL 32835
Tax ID23-7442785

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About this organization

Revenue

$6,942,147

Expenses

$9,804,367

Website

valencia.org

Mission

Valencia College Foundation’s mission is to enhance learning, workforce training and economic development in Central Florida through the support of scholarships, teaching chairs, programs and capital projects for Valencia College. One hundred percent of each gift goes to the donor's intended purpose.

About

During the year, the foundation disbursed $7.4 million in support of student scholarships, teaching chairs and various college programs and initiatives. Program funding highlights include $853,000 to support Valencia College's culinary arts and hospitality program, $500,000 for the nursing program, $204,000 for the Horizon Scholars program, and $134,000 for the Peace and Justice Institute.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “The mission of valencia foundation is to support the activities of valencia college in order to enhance learning, workforce training and economic development in central florida. valencia foundation is honored to have the support of dedicated individual and corporate partners that enable the foundation to provide scholarships, teaching chairs, programs and buildings for valencia college.”.

When discussing its purpose, they were characterized as: “To support the activities of valencia college in order to enhance learning, workforce training and economic development in central florida through the support of scholarships,”.

  • The state in which the non-profit is legally authorized to operate is FL, as reported.
  • The filing confirms that the non-profit's address in 2020 was 1768 Park Center Drive, Orlando, FL, 32835.
  • The form of the non-profit reports 1 employees as of 2020.
  • 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 greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$2,862,220.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 35 independent voting members.
  • The organization was formed in 1974.
  • 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 J.
  • The organization is required to file Schedule O.
  • The organization pays $1,026,796 in salary, compensation, and benefits to its employees.
  • The organization pays $720,696 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • 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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