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Education : Scholarship and Financial Support

Point Foundation

The National LGBTQ Scholarship Fund

94.42

5055 Wilshire Blvd. Suite 501
Los Angeles, CA 90036
tel: (866) 337-6468   Web Site
EIN: 84-1582086

Board Leadership
Kevin Chase and James Cummings
Co-Chairs

CEO
Jorge Valencia
Executive Director & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.42
  Financial 92.11
  Accountability & Transparency 100.00
This rating was published 07/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

92.11

Accountability & Transparency

100.00

This rating was published 07/01/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
74.9%
  Administrative Expenses 10.0%
  Fundraising Expenses 14.9%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 2.02
  Program Expenses Growth 11.9%
  Liabilities to Assets 2.9%
All data for Financial Performance Metrics calculations was provided by Point Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Point Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Point Foundation (CA) 94.42
Catholic Education Arizona (AZ) 89.39
Scholarship Foundation of Santa Barbara (CA) 94.56
Take Stock in Children (FL) 95.46
Inner-City Scholarship Fund (NY) 85.09

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Point Foundation empowers promising lesbian, gay, bisexual, transgender and queer (LGBTQ) students to achieve their full academic and leadership potential - despite the obstacles often put before them - to make a significant impact on society. Since its inception in 2001, Point Foundation has invested more than $15 million in the education and support of over 220 outstanding Point Scholars. Point achieves its mission through scholarship grants, leadership training and individual mentoring programs. Point's work is vital because nearly one-third of LGBTQ students drop out of high school to escape the violence, harassment, and isolation they face there - a dropout rate nearly three times the national average - and, as a result, are twice as likely to report they are not planning to pursue a higher education.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,699,398
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $631,009
   Related Organizations $0
   Government Grants $0
Total Contributions $6,330,407
   Program Service Revenue $0
Total Primary Revenue $6,330,407
   Other Revenue $574,868
TOTAL REVENUE $6,905,275
   
EXPENSES  
   Program Expenses $3,187,529
   Administrative Expenses $449,891
   Fundraising Expenses $613,846
TOTAL FUNCTIONAL EXPENSES $4,251,266
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,654,009
   
Net Assets $10,255,566

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships & Scholar Support $1,381,369 43.3%
Leadership Conferences & Training $937,776 29.4%
Scholars Selections $425,707 13.4%
Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 07/01/2016 94.42
2014-06 06/01/2016 91.97
 
CN 2.0
2014-06 10/01/2015 86.54
2013-06 06/01/2014 86.93
2012-06 07/01/2013 89.77
2011-06 05/01/2012 85.37
2010-06 09/20/2011 85.36
 
CN 1.0
2010-06 06/01/2011 79.30
2009-06 04/01/2010 74.62
2008-06 10/01/2009 86.64
2007-06 10/01/2008 92.23

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 84-1582086
Name in IRS Master File POINT FOUNDATION
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 2001
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$298,500 7.02% Jorge Valencia Executive Director, CEO

Point Foundation empowers promising lesbian, gay, bisexual, transgender and queer (LGBTQ) students to achieve their full academic and leadership potential - despite the obstacles often put before them - to make a significant impact on society. Since its inception in 2001, Point Foundation has invested more than $15 million in the education and support of over 220 outstanding Point Scholars. Point achieves its mission through scholarship grants, leadership training and individual mentoring programs. Point's work is vital because nearly one-third of LGBTQ students drop out of high school to escape the violence, harassment, and isolation they face there - a dropout rate nearly three times the national average - and, as a result, are twice as likely to report they are not planning to pursue a higher education.

Highly Rated

Charity Name & State Overall Score Overall Rating
Point Foundation (CA) 94.42
The Posse Foundation (NY) 91.45
Southern Scholarship Foundation (FL) 88.52
American Technion Society (NY) 86.72
Columbus Citizens Foundation (NY) 87.07

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Point Foundation
5055 Wilshire Blvd.
Suite 501
Los Angeles, CA 90036
tel: (866) 337-6468
fax: (866) 397-6468
EIN: 84-1582086

Mail donations to:
P.O. Box 60108
Los Angeles, CA 90060

Visit Web Site

Board Leadership

Kevin Chase and James Cummings
Co-Chairs

CEO

Jorge Valencia
Executive Director & CEO

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