EIN 94-2618667

College Futures Foundation

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
1990
Most recent tax filings
2023-12-01
NTEE code, primary
Description
At College Futures Foundation, we believe improving college achievement is essential to California’s future, and that college success should be an option for every student.
Also known as...
College Access Foundation of California
Total revenues
$35,356,300
2023
Total expenses
$40,940,966
2023
Total assets
$536,160,774
2023
Num. employees
17
2023

Program areas at College Futures Foundation

To support strategic communications and policy activities to advance equity in postsecondary completion and socioeconomic mobility.
To support policy research, advocacy work, and a coalition of community-based advocacy organizations to build their leadership in developing equity-focused higher education policy within California.
Internal staff time dedicated to supporting strategic communications activities under the Foundation's public engagement and influence plan to advance equity in b.a. Completion and socioeconomic mobility.
Income was generated from existing student loans, which were made
Prior to converting into private Foundation.

Grants made by College Futures Foundation

GranteeGrant descriptionAmount
CalMattersProgram Grant$500,000
Public Policy Institute of California (PPIC)Program Grant$500,000
Brown UniversityProgram Grant$451,000
...and 140 more grants made totalling $13,552,817

Who funds College Futures Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Opportunity InstituteProgram for Formerly Incarcerated Youth$109,108

Personnel at College Futures Foundation

NameTitleCompensation
Eloy Ortiz OakleyDirector$16,000
Lozano MonicaPresident and Chief Executive Officer , Board Member$418,589
Phillippe WallaceChief Operating Officer$369,031
Wallace PhillippeChief Financial Officer and Secretary$398,015
Elizabeth GonzalezChief Program and Strategy Officer$312,049
...and 13 more key personnel

Financials for College Futures Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$10,153,039
Net rental income$0
Net gain from sale of non-inventory assets$25,203,261
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$35,356,300

Form 990s for College Futures Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-12990PFView PDF
2020-122021-11-10990PFView PDF
2019-122021-05-07990PFView PDF
2018-122019-12-31990PFView PDF
...and 11 more Form 990s

Organizations like College Futures Foundation

OrganizationLocationRevenue
James F and Marion L Miller FoundationPortland, OR$11,093,790
Mcelhattan FoundationPittsburgh, PA$152,882,594
Terry FoundationHouston, TX$23,941,988
Marvy Finger Family FoundationHouston, TX$32,082,328
The Morehead-Cain FoundationChapel Hill, NC$10,574,596
Heckscher Foundation for ChildrenNew York, NY$13,079,325
Danville Regional Foundation (DRF)Danville, VA$13,320,686
Christ FoundationHartville, OH$21,083,192
Reva and David Logan FoundationChicago, IL$14,377,846
The McConnell FoundationRedding, CA$29,297,321
Data update history
September 23, 2024
Updated personnel
Identified 5 new personnel
January 16, 2024
Updated personnel
Identified 14 new personnel
January 11, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $2,500,000 from James Irvine Foundation
December 28, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
1999 Harrison St 1900
Oakland, CA 94612
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
collegefutures.org/ 
Phone
(415) 287-1800
IRS details
EIN
94-2618667
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
035018
FTB Entity ID
0916726
AB 488 data last updated ("as-of") date
2025-02-05
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