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The Santa Monica College Foundation

The Santa Monica College Foundation

Santa Monica, CA 90405
Tax ID95-6047779

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About this organization

Revenue

$2,808,147

Expenses

$2,357,479

Mission

Santa Monica College is recognized nationally as a robust Hispanic Serving Institution (HSI) with 85% of students qualifying for financial aid. SMC Foundation's mission is to eliminate barriers to ensure academic success for Santa Monica College students. We connect donors with opportunities to effect change at a world-class educational institution where equity, access, and excellence intersect.

About

Student programming and assistance - The foundation provides undesignated funds and assists in fundraising efforts in support of various student programs and activities. These programs enhance the educational experience and increase the students' overall success towards their academic goals. These programs include: emergency assistance to students, which includes student veterans and student nurses; financial support of programs serving the veteran's resource center, the center for students with disabilities, black collegians, and the latino center; the Dale Ride summer internship program to Washington DC; support of SMC programs such as athletics, president's ambassadors, global citizenship symposium and VIP/welcome day.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The santa monica college foundation leads the private fund-raising efforts of santa monica college in support of the college's mission to provide open and affordable access to high quality education. the foundation receives, disperses and invests private donations in support of college services and activities and raises undesignated annual gifts to initiate programs for the benefit of the college, its students and faculty.”.

When referring to its actions, they were outlined as: “Provide scholarships to santa monica college students.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as CA.
  • The non-profit's address in 2020 is noted in the filing as 1900 PICO BOULEVARD, SANTA MONICA, CA, 90405.
  • The non-profit's form for 2020 reports a total of 8 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $450,668.
  • The organization has 13 independent voting members.
  • The organization was formed in 1956.
  • The organization pays $434,465 in salary, compensation, and benefits to its employees.
  • The organization pays $236,222 in fundraising expenses.

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