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Irvine Valley College Foundation

 5500 Irvine Center Drive, #B251
 Irvine, CA 92618
[P] (949) 451-5290
[F] (949) 451-5643
https://foundation.ivc.edu
https://foundation.ivc.edu/giving
[email protected]
Elissa Oransky
FOUNDED: 1985
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 Yes
Employer Identification Number 77-0239916 00000

Summary


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Mission StatementMORE »

The Irvine Valley College Foundation believes in contributing to a meaningful experience that enhances teaching and learning at Irvine Valley College. Every day we cultivate resources because we strive to provide access to an exceptional education and a caring campus community.

Mission Statement

The Irvine Valley College Foundation believes in contributing to a meaningful experience that enhances teaching and learning at Irvine Valley College. Every day we cultivate resources because we strive to provide access to an exceptional education and a caring campus community.


FinancialsMORE »

Fiscal Year 2019
Projected Expenses $700,000.00
Projected Revenue $1,100,000.00

ProgramsMORE »

  • Veterans Program
  • Student Ambassadors at IVC
  • Astounding Inventions

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 Irvine Valley College Foundation believes in contributing to a meaningful experience that enhances teaching and learning at Irvine Valley College. Every day we cultivate resources because we strive to provide access to an exceptional education and a caring campus community.


Background Statement

In 1976 a select citizen's advisory committee determined that another campus was needed to serve the north region of the 376 square mile Saddleback Community College District. On July 1, 1985 Saddleback North Campus officially became Irvine Valley College. The original 3 schools were Business and Social Sciences; Arts, Languages and Humanities; and Health, Life Sciences, Physical Sciences and Technologies. 
IVC serves 6,486 full-time students, and 15,541 students overall, offering 81 degrees in liberal arts and sciences, business sciences, social sciences, and technologies. Many students transfer to 4 year colleges and universities across California and the United States.

Impact Statement

Our student body is comprised of over 15,000 individuals, both full and part time learners. Scholarships are given to deserving students so that they may continue their education. For the 2017-2018 educational year we awarded 667 scholarships totaling over $430,000. In addition we raise funds for a number of programs on campus in order to ensure that our students have the most impactful educational experience possible. For example funds are raised to cover expenses in order for our Forensics and Model United Nations Teams to participate in competitions. They placed 1st, many times, in national competitions which include teams from four year institutions.

Needs Statement

The importance of the IVC Foundation continues to increase as state and other public funds become less reliable. There are countless opportunities to invest in the students and programs of IVC. A few examples are:

Scholarships – As a public institution of higher education, it is our responsibility to ensure that all students have access to an affordable, quality education. Scholarships enable and encourage students to focus on their education.

Programmatic – The faculty and staff at IVC strive to provide our students with a well-rounded educational experience. In order to achieve this goal, they often need to identify and secure outside funds to cover expenses that cannot be covered by general college funds as there either are not enough or there is a restriction on the money.

Food Resource Center – IVC Students struggling with food insecurities are encouraged to seek out resources in the Food Resource Center. The Food Resource Center is a free, confidential service aiming to provide registered students with the appropriate resources to manage a sufficient, healthy diet. The program provides short-term relief and offers referrals for additional community support and ongoing assistance with food insecurity.

Facilities – While there are plans for new buildings and upgraded facilities, the list of structures and improvements needed in order to fully service our students is long.


CEO Statement


 

Board Chair Statement

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Other Ways to Donate/Volunteer

There are many ways to make gifts and volunteer to support the students and programs of IVC.   Credit card contributions can be made online foundation.ivc.edu/giving or by calling our office 949-451-5290.  You can mail gifts to our office.  Please address them to:               IVC Foundation               5500 Irvine Center Drive               Irvine, CA 92618 We gladly accept in-kind donations.  Please contact our office to make arrangementsThere are numerous volunteer opportunities throughout the year and include everything from being a judge at Astounding Inventions to creating baskets for our Foundation Awards Dinner to general office support. Please contact us to get involved.

Geographic Area Served

South Orange County
West Orange County
Central Orange County
North Orange County
Irvine Valley College was designed to serve the cities of Irvine and Tustin, but our student body consists of students from all over Orange County. We also educate out of state students and some from other countries.

Organization Categories

  1. Education - Two-Year Colleges
  2. Philanthropy,Voluntarism & Grantmaking Foundations - Fund Raising & Fund Distribution
  3. Public & Societal Benefit - Military/Veterans' Organizations

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Programs


Veterans Program

The Veterans Services Center is an initiative at Irvine Valley College to nurture a welcoming campus culture for our veteran students. It is founded on the premise that the challenges faced by veterans may be addressed through a combination of services stressing academics, camaraderie and wellness. Veterans currently have the opportunity to experience these essentials in a one-stop site staffed by specialized staff who empathize with the issues with which veterans struggle, and which they must address to help themselves achieve success.

· The Post 9/11 GI Bill provides educational benefits for 36 months

· Veterans receive $2500 Board and Housing Benefit while enrolled in 12 units

Student Veterans do not receive pay when the college is not in session
Budget  $2,300,000.00
Category  Education, General/Other Postsecondary Education
Population Served Other Named Groups US Other Health/Disability
Program Short-Term Success  Irvine Valley College has been certified as a Veteran Friendly campus by the U.S. office of Veteran's Affairs.
Program Long-Term Success 
IVC Veterans have an 87% graduation rate
Our persistence rates increased 14% over one year due to our support services in our one stop shop
IVC Supports their veterans in all areas including housing, providing a food bank and emergency funds
Long term success will allow our Veteran Students to have all their education paid for while they are at IVC and leave them with their Veteran's Benefits to be available for their 4 year or postgraduate study.
 
Our long term success is measured by the outcomes, data and measures we continually collect to assess and promote positive, holistic services to our veterans.
Program Success Monitored By  What is not working is 

 

  • College budgets have been slashed to the point that we do not have adequate counseling, tutoring and case management support services for our veterans. Because they often need more assistance when moving back into the educational system the lack of these critical student support services place our veterans at risk in their quest for a quality education. In Orange County at IVC, with your help we can do better. 

 

Examples of Program Success  Examples of program success are our Veteran's who graduate with an AA or AS from IVC and then transfer to a 4 year college for their Bachelor's and Master's degrees. Students who start at IVC and then transfer to a UC or CSU college get better grade averages on average than students who started at those colleges as Freshman and continued through all 4 years. IVC prepares our Veteran Students to compete with the best when they move on in school or business.

Student Ambassadors at IVC

The Student Ambassador Program is an opportunity for IVC students to learn about the college and the South Orange County Community College District while representing IVC at events throughout the year, including providing campus tours for prospective students. 

During the 20-hour training program students will learn details about academic, business and student service programs and facilities. The Ambassadors become the face of the college, and create a sense of community.

Participants have an opportunity to plan an annual campus event, receive ongoing leadership training in public speaking, team building, career preparation and soft skill development and become eligible for a $300 scholarship. The program supports the college and district’s goals to promote students' success by enhancing the teaching and learning environment and to increase opportunities for student engagement inside and outside the classroom.
Budget  $7,500.00
Category  Education, General/Other Educational Programs
Population Served Adults Females Males
Program Short-Term Success   Participants have an opportunity to plan an annual campus event, receive ongoing leadership training in public speaking, team building, career preparation and soft skill development and become eligible for a $300 scholarship. 
Program Long-Term Success   The program supports the college and district’s goals to promote students' success by enhancing the teaching and learning environment and to increase opportunities for student engagement inside and outside the classroom, evidenced by co-curricular participation, student services, and instructional support.
Program Success Monitored By  Program success is monitored by the Office of Student Services and culminates in a recognition ceremony at  the end of each year.
 
Examples of Program Success  The majority of ambassadors successfully complete their AA degree and transfer on to a four year university.

Astounding Inventions

The Astounding Inventions Competition is a fair highlighting handmade inventions by students from kindergarten through eighth grade from the Irvine and Tustin unified school districts. The competition was established to spark student interest and learning in science, technology, engineering, math and creativity.

Each year more than 450 students present inventions they conceived and crafted on their own. The students compete for $10,000 in cash prizes, certificates of achievement and ribbons from the Irvine Valley College Foundation. Two inventions will be selected for a pro bono prior patent search and help with a provisional patent application.

Budget  $30,000.00
Category  Education, General/Other Education & Technology
Population Served K-12 (5-19 years) Children and Youth (0 - 19 years)
Program Short-Term Success   During the fall of 2016, nearly 4,000 students representing 40 schools in the Irvine and Tustin Unified School Districts submit their inventions for judging at their schools. Approximately 450 projects are selected to compete in the 2017 Astounding Inventions Competition. Past inventions have run from the whimsical to the remarkable and have included dozens of clever pet grooming devices, remote control gizmos, and relief from everyday challenges of children and their parents. The event was conceived by Irvine Valley College in 1987 to promote creativity and interest in STEM education in our community. Award winners may go on to compete at different levels of state and national math and science invention competitions.
Program Long-Term Success   More than 450 students present inventions they conceived and crafted on their own. The students compete for $10,000 in cash prizes, certificates of achievement and ribbons from the Irvine Valley College Foundation. The inventions, grouped by grade level, are judged on their originality, usefulness, and a written description and illustration. Over 60 judges representing the scientific, educational, civic and business communities determine the winners at the event. In addition, as part of its title sponsorship, Knobbe Martens selects two inventions — one from Irvine Unified School District and one from Tustin Unified School District — based on the perceived patentability, and conducts a pro bono prior art search and writes a provisional patent application.
Program Success Monitored By   During the fall of 2016, nearly 4,000 students representing 40 schools in the Irvine and Tustin Unified School Districts submit their inventions for judging at their schools. Approximately 450 projects are selected to compete in the 2017 Astounding Inventions Competition. Past inventions have run from the whimsical to the remarkable and have included dozens of clever pet grooming devices, remote control gizmos, and relief from everyday challenges of children and their parents. The event was conceived by Irvine Valley College in 1987 to promote creativity and interest in STEM education in our community. Award winners may go on to compete at different levels of state and national math and science invention competitions.
Examples of Program Success   During the fall of 2016, nearly 4,000 students representing 40 schools in the Irvine and Tustin Unified School Districts submit their inventions for judging at their schools. Approximately 450 projects are selected to compete in the 2017 Astounding Inventions Competition. Past inventions have run from the whimsical to the remarkable and have included dozens of clever pet grooming devices, remote control gizmos, and relief from everyday challenges of children and their parents. The event was conceived by Irvine Valley College in 1987 to promote creativity and interest in STEM education in our community. Award winners may go on to compete at different levels of state and national math and science invention competitions.

Management


CEO/Executive Director Mrs. Elissa Oransky
CEO Term Start June 2015
CEO Email [email protected]
CEO Experience --

Former CEOs and Terms

Name Start End
Mr. Richard Morley Sept 2011 Nov 2014
Mr. Al Tello -- --

Senior Staff

Name Title Experience/Biography
Mrs. Karen Orlando Interim Senior Admin --

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 4
Number of Part Time Staff 0
Number of Volunteers 300
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: 2
Hispanic/Latino: 0
Native American/American Indian: --
Other: --
Other (if specified): --
Gender Female: 4
Male: --
Not Specified --

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers 5
Management Succession Plan Under Development
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? No
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Government Licenses

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CEO Comments

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Foundation Comments

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Governance


Board Chair Ms. Lisa Greenberg
Board Chair Company Affiliation Cornerstone Specialty Insurance
Board Chair Term July 2018 - June 2019
Board Co-Chair Ms. Lisa Greenberg
Board Co-Chair Company Affiliation Cornerstone Specialty Insurance Services
Board Co-Chair Term July 2017 - June 2018

Board Members

Name Company Affiliations Status
Mr. David Barnhill PhD Chang & Hale LLP Voting
Mr. William Crosby Esq. -- Voting
Mr. Michael Drennen -- --
Mr. Peter Gluck Esq. BrownRudnick Voting
Ms. Cynthia Gray-Lenahan Edwards Lifesciences Voting
Ms. Lisa Greenberg -- --
Mr. Damien Howard -- --
Ms. Candy Huie -- Voting
Ms. Barbara Jay DDS South Orange County Community College District Voting
Mr. Dean LeBeau IVC Voting
Mr. Eric Lee -- Voting
Mrs. Sylvia Lee -- Voting
Ms. Tammy Livingstone IVC Classified Senate Voting
Ms. Jeannie Luong Team Excel Realty Voting
Mr. David Martin Esq. Wood, Smith, Henning & Berman LLP​ Voting
Mrs. Helen Maxwell -- Voting
Mr. Peter Maxwell -- Voting
Ms. June McLaughlin Esq -- --
Mr. Alexander Merton Esq. -- Voting
Mr. Brandon Moody -- Voting
Ms. Maria Nunez -- --
Mr. Rod Pierce FirstBank Voting
Mr. Eric Roark -- --
Dr. Stephen Rochford DMA IVC Academic Senate Voting
Dr. Glenn Roquemore PhD Irvine Valley College Voting
Mr. Keith Shackleford JD -- Voting
Mr. Arie Shen -- --
Mr. Bob Vu -- --
Mrs. Betty Jo Woollett Community Volunteer Voting
Mr. William Woollett -- 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: 3
Caucasian: 23
Hispanic/Latino: 1
Native American/American Indian: 1
Other: --
Other (if specified): 1, Indian
Gender Female: 11
Male: 19
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 90%
Written Board Selection Criteria Under Development
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

  • Executive
  • Finance
  • Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala)

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Fiscal Year July 01, 2018 to June 30, 2019
Projected Revenue $1,100,000.00
Projected Expenses $700,000.00
Form 990s

2017 Form 990

2016 Form 990

2015 Form 990

Audit Documents

2017 IVC Foundation Audit

2016 IVC Foundation Audit

2015 IVC Foundation Audit Final

2014 IVC Foundation Financial Statement

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2017 2016 2015
Total Revenue $1,085,942 $970,115 $852,296
Total Expenses $850,916 $807,374 $579,861

Prior Three Years Revenue Sources

Revenue By Revenue Source
Fiscal Year 2017 2016 2015
Foundation and
Corporation Contributions
$860,664 $694,490 $608,225
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- $0
Individual Contributions -- -- --
Indirect Public Support -- -- $0
Earned Revenue -- -- $0
Investment Income, Net of Losses $100,306 $29,109 $28,449
Membership Dues -- -- $0
Special Events $54,293 $80,016 $41,241
Revenue In-Kind $56,368 -- $36,148
Other $14,311 $166,500 $82,718

Prior Three Years Expense Allocations

Expense By Type
Fiscal Year 2017 2016 2015
Program Expense $825,306 $787,560 $538,505
Administration Expense $25,610 $19,814 $41,356
Fundraising Expense -- -- $0
Payments to Affiliates -- -- $0
Total Revenue/Total Expenses 1.28 1.20 1.47
Program Expense/Total Expenses 97% 98% 93%
Fundraising Expense/Contributed Revenue 0% 0% 0%

Prior Three Years Assets and Liabilities

Assets and Liabilities
Fiscal Year 2017 2016 2015
Total Assets $2,788,592 $2,506,385 $2,296,304
Current Assets $730,058 $1,143,624 $584,388
Long-Term Liabilities -- -- $0
Current Liabilities $80,103 $78,774 $41,023
Total Net Assets $2,708,489 $2,427,611 $2,255,281

Short Term Solvency

Fiscal Year 2017 2016 2015
Current Ratio: Current Assets/Current Liabilities 9.11 14.52 14.25

Long Term Solvency

Fiscal Year 2017 2016 2015
Long-term Liabilities/Total Assets 0% 0% 0%
Endowment Value $1,241,000.00
Spending Policy Percentage
Percentage(If selected) 3%
Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

CEO Comments

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Foundation Comments

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

Documents


Other Documents

Donor Honor Roll (2016)

Veterans Brochure (2012)

No Other Documents currently available.