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Saddleback College Foundation

 28000 Marguerite Parkway
 Mission Viejo, CA 92692
[P] (949) 582 x 4479
[F] --
www.saddleback.edu/foundation
www.saddlebackcollegegiving.org
[email protected]
Erin McHenry
FOUNDED: 1968
INCORPORATED: 2005
 Printable 1 Page Summary
 Printable Profile
Organization DBA --
Former Names --
Organization received a competitive grant from the community foundation in the past five years No
Employer Identification Number 33-0390547 00000

Summary


Mission StatementMORE »

The mission of the Saddleback College Foundation is to enhance the quality of higher education by gaining financial support for academic, athletic and cultural programs of Saddleback College. The Foundation initiates and coordinates college and community fund raising in support of Saddleback College and its students. By raising funds for scholarships and other programs, which directly benefit students, the Foundation is committed to increasing student success and the enhancing the excellent education offered by Saddleback College. Guided by a group of dedicated community leaders, the Foundation strives to make higher education attainable for all in South Orange County.

Mission Statement

The mission of the Saddleback College Foundation is to enhance the quality of higher education by gaining financial support for academic, athletic and cultural programs of Saddleback College. The Foundation initiates and coordinates college and community fund raising in support of Saddleback College and its students. By raising funds for scholarships and other programs, which directly benefit students, the Foundation is committed to increasing student success and the enhancing the excellent education offered by Saddleback College. Guided by a group of dedicated community leaders, the Foundation strives to make higher education attainable for all in South Orange County.

FinancialsMORE »

Fiscal Year 2020
Projected Expenses $2,500,000.00
Projected Revenue $3,000,000.00

ProgramsMORE »

  • Scholarships

Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview


Mission Statement

The mission of the Saddleback College Foundation is to enhance the quality of higher education by gaining financial support for academic, athletic and cultural programs of Saddleback College. The Foundation initiates and coordinates college and community fund raising in support of Saddleback College and its students. By raising funds for scholarships and other programs, which directly benefit students, the Foundation is committed to increasing student success and the enhancing the excellent education offered by Saddleback College. Guided by a group of dedicated community leaders, the Foundation strives to make higher education attainable for all in South Orange County.

Background Statement

Saddleback College has been the first choice for higher education and training in South Orange County since 1968.  Our more than 500,000 alumni can attest to the quality of our academic and career training programs that enable students to successfully achieve their educational, professional, and personal goals.  Our rich academic traditions and strong reputation make Saddleback College an ideal place for students seeking associate degrees and certificates, transferring to four-year colleges and universities, preparing for the workforce, or pursuing lifelong learning opportunities.

Saddleback College is fully accredited, offering over 300 associate degrees, certificates, and occupational skills awards in 190 program areas taught by a faculty renowned for its expertise, experience, and commitment to student success. Study abroad, cooperative work experience, online learning, and honors are just some of the additional programs we offer for a well-rounded educational experience.


Impact Statement

Top five accomplishments for the College in the past year include enrollment management; Economic and Workforce Development Planning; Establishment of a Student Success Committee; Strategic Planning; Faculty Emergency Training. Top five College goals for Enrollments; Economic and Workforce Development; Strategic Planning; Career Technical Education Collaboration; K-12 Outreach.

Needs Statement

Top five needs for the foundation are in the following areas; scholarships, veterans, program support, the college food bank, and the KSBR radio station. 

CEO Statement

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Board Chair Statement

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Other Ways to Donate/Volunteer

We can accept checks, credit cards over the phone, online donations at www.saddlebackcollegegiving.org, in-kind donations (subject to approval by Board of Trustees), gifts of stock, bequests and planned gifts.

Geographic Area Served

Central Orange County
West Orange County
South Orange County
North Orange County
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Organization Categories

  1. Education - Two-Year Colleges
  2. Education - Funding Raising & Fund Distribution
  3. Education - Scholarships & Student Financial Aid

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Programs


Scholarships

In 2016-2017, nearly 280 donors contributed almost $817,000 in scholarship dollars to 633 students. It was a record breaking year for Saddleback College Foundation, but there was still a tremendous amount of unmet need. Ask a student, “What is the biggest obstacle to completing your education?” and you get a variety of answers. The most popular answer by far though is one word – MONEY. While many think of south Orange County as a wealthy community where residents have everything, the financial needs of our students are great. We often hear about students who are ‘couch surfing’, living in their cars and even making homes in storage units. They make these sacrifices in order to attend Saddleback to improve their lives. 

Budget  $900,000.00
Category  Education, General/Other Education, General/Other
Population Served General/Unspecified
Program Short-Term Success  The peace of mind a scholarship gives a student is manifested in many ways; ability to concentrate on their degree or certificate; increase in student retention rates as fewer have to drop out due to financial reasons; often a greater home life stability and health - students may now have the choice to buy healthier food or live in a nicer environment. 
Program Long-Term Success 

In an ideal world, students should not have to choose between having a place to live and completing their education, but sadly we live in reality. The good news is, you can alter this reality by giving a scholarship. The scholarship contribution you make enables students to focus on their studies by removing a weight of concern about how they are going to pay for their classes or text books. Your gift also provides encouragement: the knowledge that someone else cares enough to invest in them, and that often is the key to their success.

Program Success Monitored By  The Saddleback College Foundation Board of Trustees monitors success within the Foundation; by providing oversight, feedback and expertise in many areas. Debrief meetings occur after our scholarship and gala events, where all participants make plans for the next year.
Examples of Program Success  --

Management


CEO/Executive Director Ms. Elizabeth McCann
CEO Term Start May 2019
CEO Email [email protected]
CEO Experience --

Former CEOs and Terms

Name Start End
Dr. Donald Rickner -- --
Ms. Michelle Anstadt -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

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Staff Information

Number of Full Time Staff 5
Number of Part Time Staff 2
Number of Volunteers 50
Number of Contract Staff 0
Staff Retention Rate % 100%
Staff Professional Development Yes

Staff Demographics

Ethnicity African American/Black: --
Asian American/Pacific Islander: 2
Caucasian: 5
Hispanic/Latino: --
Native American/American Indian: --
Other: --
Other (if specified): --
Gender Female: 5
Male: 2
Not Specified --

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 3
Management Succession Plan Yes
Organization Policies And Procedures Yes
Business Continuity of Operations Plan Yes

Risk Management Provisions

Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Semi-Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Government Licenses

Education

CEO Comments

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Foundation Comments

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Governance


Board Chair Mr. Anthony Ferry
Board Chair Company Affiliation Neudesic LLC
Board Chair Term June 2016 - June 2020
Board Co-Chair Mr. Anthony Ferry
Board Co-Chair Company Affiliation Neudesic, LLC
Board Co-Chair Term June 2015 - June 2017

Board Members

Name Company Affiliations Status
Mr. M. Mahboob Akhter 2-1-1 Orange County Voting
Dr. Morgan Barrows Saddleback College Voting
Mr. Darren England Saddleback College Voting
Mr. Anthony Ferry Neudesic, Inc. Voting
Ms. Marie Ghobadi Esq. County of Los Angeles, District Attorney Voting
Mr. Chris Harrington Saddleback College Voting
Dr. Jeanne Harris-Caldwell Saddleback College Voting
Mr. Isaiah Henry Seabreeze Management Voting
Mr. Jim Leach Santa Margarita Water District Voting
Mr. Kevin McClelland Neudesic Voting
Mr. Jake Rybczyk Saddleback College Voting
Mr. Mark Schwartz Sports Business Journal Voting
Dr. Elliot Stern Saddleback College Voting
Dr. Terri Whitt South Orange County Community College District Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Additional Board Members and Affiliations

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 0
Caucasian: 12
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 2
Other (if specified): --
Gender Female: 4
Male: 11
Not Specified 0

Board Information

Board Term Lengths 1
Board Term Limits 6
Board Meeting Attendance % 85%
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Board Orientation Yes

CEO Comments

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Foundation Comments

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Standing Committees

  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Executive
  • Finance
  • Scholarship

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Fiscal Year July 01, 2019 to June 30, 2020
Projected Revenue $3,000,000.00
Projected Expenses $2,500,000.00
Form 990s

2017 Form 990

2016 Form 990

2015 Form 990

2014 Form 990

2013 Form 990

2012 Form 990

Audit Documents

2017 Audited FS

2016 Audited FS

2015 Audited FS

2014 Audited FS

2013 Audited FS

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2017 2016 2015
Total Revenue $1,972,451 $2,535,457 $2,804,873
Total Expenses $1,931,623 $1,666,414 $1,703,670

Prior Three Years Revenue Sources

Revenue By Revenue Source
Fiscal Year 2017 2016 2015
Foundation and
Corporation Contributions
$794,914 $1,453,880 $1,659,490
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- $0 $0
Individual Contributions -- -- --
Indirect Public Support -- $0 $0
Earned Revenue $8,450 $0 $0
Investment Income, Net of Losses $245,328 $214,923 $210,839
Membership Dues -- $0 $0
Special Events $256,887 $197,326 $137,763
Revenue In-Kind $27,219 $62,175 $22,035
Other $639,653 $459,566 $336,428

Prior Three Years Expense Allocations

Expense By Type
Fiscal Year 2017 2016 2015
Program Expense $1,704,857 $1,509,142 $1,511,852
Administration Expense $138,243 $106,162 $88,175
Fundraising Expense $88,523 $51,110 $103,643
Payments to Affiliates -- $0 $0
Total Revenue/Total Expenses 1.02 1.52 1.65
Program Expense/Total Expenses 88% 91% 89%
Fundraising Expense/Contributed Revenue 8% 3% 6%

Prior Three Years Assets and Liabilities

Assets and Liabilities
Fiscal Year 2017 2016 2015
Total Assets $10,086,191 $9,720,083 $8,943,946
Current Assets $1,998,530 $1,518,050 $1,224,321
Long-Term Liabilities -- $0 $1,350
Current Liabilities $356,173 $711,517 $504,685
Total Net Assets $9,730,018 $9,008,566 $8,437,911

Short Term Solvency

Fiscal Year 2017 2016 2015
Current Ratio: Current Assets/Current Liabilities 5.61 2.13 2.43

Long Term Solvency

Fiscal Year 2017 2016 2015
Long-term Liabilities/Total Assets 0% 0% 0%
Endowment Value $3,640,610.00
Spending Policy Percentage
Percentage(If selected) 5%
Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose Saddleback College's 50th Anniversary
Campaign Goal --
Capital Campaign Dates 2018 -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? Yes

CEO Comments

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Foundation Comments

Summary financial data is per the Form 990s and consultation with the organization. Foundation/corporate and individual contributions are combined under Foundation and Corporation Contributions.

Documents


Other Documents

No Other Documents currently available.