← FOOTHILL-DE ANZA COMMUNITY COLLEGES FOUNDATION

Form 990 for tax year 2022

Filed by FOOTHILL-DE ANZA COMMUNITY COLLEGES FOUNDATION.

Totals

Total revenue: $5,298,234
Total expenses: $6,102,426
Contributions and grants received: $3,995,012
Grants paid: $1,236,185
Program service revenue: $334,934
Investment income: $1,004,062
Other revenue: -$35,774
Total assets, end of year: $52,287,629
Total liabilities, end of year: $968,060
Net assets or fund balances, end of year: $51,319,569
Program services expenses (Part IX): $5,199,832
Management and general expenses: $401,334
Fundraising expenses: $501,260
Program service expenses (Part III): $5,199,832

Program services were 85.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$201,600
1f · All other contributions, gifts and grants

$3,793,412
1g · Noncash contributions included above

$120,337
2a · Program service revenue: Program Service Fees

total $249,840 · related or exempt $249,840
2b · Program service revenue: Administrative Fee

total $85,094 · related or exempt $85,094
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $1,042,335 · excluded $1,042,335
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $1,619,334
7b · Less cost or other basis and sales expenses

securities $1,657,607
7c · Gain or loss

securities -$38,273 · other assets $0
7d · Net gain or loss

total -$38,273 · excluded -$38,273
8a · Fundraising events: gross income

$25,600
8a · Fundraising events: contributions included on line 1c

$201,600
8b · Fundraising events: direct expenses

$61,374
8c · Net income from fundraising events

total -$35,774 · excluded -$35,774
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $1,236,185 · program services $1,236,185
7 · Other salaries and wages

total $2,138,601 · program services $1,625,121 · management and general $170,488 · fundraising $342,992
9 · Other employee benefits

total $793,156 · program services $555,689 · management and general $79,199 · fundraising $158,268
11f · Fees: investment management

total $83,219 · management and general $83,219
11g · Fees: other

total $389,749 · program services $372,751 · management and general $16,998 · fundraising $0
12 · Advertising and promotion

total $79,450 · program services $79,450
13 · Office expenses

total $169,552 · program services $163,550 · management and general $6,002
16 · Occupancy

total $46,004 · program services $36,004 · management and general $10,000
17 · Travel

total $20,765 · program services $20,765
24a · Other expenses: Other campus program support

total $763,706 · program services $763,706
24b · Other expenses: BOOK, PUBLICATIONS

total $151,428 · program services $151,428
24c · Other expenses: OTHER EXPENSES

total $130,388 · program services $102,560 · management and general $27,828
24d · Other expenses: Administration fee

total $85,094 · program services $85,094
24e · All other expenses

total $15,129 · program services $7,529 · management and general $7,600 · fundraising $0

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $1,152,410 · end of year $870,054
3 · Pledges and grants receivable

beginning of year $0 · end of year $40,000
4 · Accounts receivable

beginning of year $64,283 · end of year $16,439
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $14,287 · end of year $2,399
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $47,289,024 · end of year $51,358,737
12 · Investments: other securities

beginning of year $0
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $52,591 · end of year $50,160
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $746,833 · end of year $917,900
27 · Net assets without donor restrictions

beginning of year $8,900,266 · end of year $9,807,453
28 · Net assets with donor restrictions

beginning of year $38,820,314 · end of year $41,512,116

Mission and programs · 2022

Mission

The mission of the Foothill-De Anza Foundation is to change student lives by raising and investing funds to support the educational excellence of Foothill and De Anza Colleges.

Activities or mission (Part I)

Support the students and the educational excellence of Foothill College and De-Anza College.

The Krause center for innovation - K-12 educators come to foothill's Krause CENTER FOR INNOVATION TO SHARPEN THEIR TEACHING SKILLS AND DISCOVER NEW WAYS TO HARNESS TECHNOLOGY TO CAPTURE THE IMAGINATION OF TODAY'S STUDENTS. THE KRAUSE CENTER PROVIDES INNOVATIVE PROFESSIONAL DEVELOPMENT TO HELP EDUCATORS TRANSFORM THEIR TEACHING PRACTICE WITH AN EMPHASIS ON TECHNOLOGY INTEGRATION.

Expenses $3,484,511 · Revenue $163,934
Scholarships and faculty support: The Foothill-De Anza Foundation is committed to promoting the highest levels of student success. Through charitable gifts and donations, the organization is able to provide financial assistance that allows thousands of students to advance their postsecondary education. DURING THE FISCAL YEAR ENDING JUNE 30, 2023, THE ORGANIZATION WAS ABLE TO PROVIDE OVER 700 SCHOLARSHIPS TO STUDENTS. ADDITIONALLY, GIFTS TO THE FOUNDATION SUPPORT STUDENT BASIC NEEDS SUCH AS EACH COLLEGE'S FOOD PANTRY AS WELL AS SUPPORT FACULTY IN DEVELOPING NEW CURRICULUM THAT ENCOURAGES CRITICAL THINKING, PROBLEM SOLVING AND A LIFELONG LOVE OF LEARNING IN OUR STUDENTS. THROUGH THE ORGANIZATION'S SUPPORT, FACULTY ARE ABLE TO FOCUS ON HELPING STUDENTS TO GROW AND TO LEARN VALUABLE SKILLS NEEDED IN THE EVOLVING WORKFORCE NEEDS.

Expenses $1,236,185 · Grants $1,236,185
The family engagement institute's (FEI) mission is to provide opportunities THAT PROMOTE COLLEGE-GOING ASPIRATIONS FOR UNDERREPRESENTED STUDENTS AND FAMILIES TO COLLECTIVELY ENSURE THRIVING AND INCLUSIVE COMMUNITIES. AS A CRADLE-TO-CAREER, GRANT FUNDED, STUDENT EQUITY INITIATIVE AT FOOTHILL COLLEGE, FEI HAS BEEN A LEADER IN RESPONDING, DEVELOPING AND DELIVERING AFFORDABLE, ACCESSIBLE, PROGRAMS TO ADDRESS THE NEEDS AND ELEVATE THE VOICE OF OUR UNDERSERVED COMMUNITY SINCE 2010.

Expenses $479,136 · Revenue $171,000

As filed on the 2022 return.

Listed in Part VII

Ashley OropezaASHLEY OROPEZA

VICE PRESIDENT

Total calculated

$0

Hours/week

1.5
Ben DubinBEN DUBIN

TREASURER

Total calculated

$0

Hours/week

1.5
Bernadine Chuck FongBERNADINE CHUCK FONG

INTERIM PRESIDENT, Foothill College

Total calculated

$0

Hours/week

1.5
Dudley AndersenDUDLEY ANDERSEN

SECRETARY

Total calculated

$0

Hours/week

1.5
Rimi BewtraRIMI BEWTRA

PRESIDENT

Total calculated

$0

Hours/week

1.5
Ahmed Mostafa

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Alejandro Lara Cervantes

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Amine KhechfeAMINE KHECHFE

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Archana SathayeARCHANA SATHAYE

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Bruce Swenson

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Diana BautistaDIANA BAUTISTA

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Dr KRISTINA WHALEN

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Elaine Andersen

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Gay KrauseGAY KRAUSE

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Holly Wong AgbayaniHOLLY WONG AGBAYANI

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
James Jones

Board Member

Total calculated

$0

Hours/week

1.5
Judy C MinerJUDY C MINER

CHANCELLOR, FHDA DISTRICT

Total calculated

$0

Hours/week

1.5
Kathleen SantoraKATHLEEN SANTORA

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Kelly DavisKELLY DAVIS

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Laura CasasLAURA CASAS

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Liz Kniss

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Lloyd Holmes PhDLLOYD HOLMES PHD

PRESIDENT, DE ANZA COLLEGE

Total calculated

$0

Hours/week

1.5
Orrin MahoneyORRIN MAHONEY

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Pearl ChengPEARL CHENG

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Peter LandsbergerPETER LANDSBERGER

BOARD MEMBER (THROUGH 12/31/22)

Total calculated

$0

Hours/week

1.5
Ray KlinkeRAY KLINKE

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Savita VaidhyanathanSAVITA VAIDHYANATHAN

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Shyamoli BanerjeeSHYAMOLI BANERJEE

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Swati AdvaniSWATI ADVANI

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
William Wilson

BOARD MEMBER

Total calculated

$0

Hours/week

1.5
Dennis CimaDENNIS CIMA

Exec. Dir., FHDA FOUNDATION

Total calculated

$313,834

From this org

$207,556

From related orgs

$0

Other

$106,278

Hours/week

40

Schedule J breakdown matched by us

Base

$110,925

Bonus

$0

Other

$96,631

Deferred

$50,109

Nontaxable benefits

$56,169

Filer's total

$313,834
Robin LattaROBIN LATTA

Asst. Dir., FHDA FOUNDATION

Total calculated

$251,855

From this org

$168,157

From related orgs

$0

Other

$83,698

Hours/week

40

Schedule J breakdown matched by us

Base

$92,425

Bonus

$0

Other

$75,732

Deferred

$40,451

Nontaxable benefits

$43,247

Filer's total

$251,855

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation: COMPENSATION OF OFFICERS, EXECUTIVE DIRECTOR, AND OTHER KEY EMPLOYEES IS DETERMINED BY THE FOOTHILL-DE ANZA COMMUNITY COLLEGE DISTRICT POLICIES AND SALARY SCHEDULE.
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL: NAME - DENNIS CIMA, COMPENSATION FROM UNRELATED ORGANIZATION - 313834.000000, NAME OF UNRELATED ORGANIZATION - FOOTHILL-DE ANZA COMMUNITY COLLEGE DISTRICT, TYPE OF COMPENSATION - SALARY AND WAGES
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL: NAME - ROBIN LATTA, COMPENSATION FROM UNRELATED ORGANIZATION - 251855.000000, NAME OF UNRELATED ORGANIZATION - FOOTHILL-DE ANZA COMMUNITY COLLEGE DISTRICT, TYPE OF COMPENSATION - SALARY AND WAGES

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 9 May 2024
IRS schema version: 2022v5.0
Source object: 202421309349304287

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