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Education : Scholarship and Financial Support

Point Foundation

The National LGBTQ Scholarship Fund

four stars

94.42

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

Board Leadership
James Cummings and Claudia Caine
Co-Chairs

CEO
Jorge Valencia
Executive Director & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.42 four stars
  Financial 92.11 four stars
  Accountability & Transparency 100.00 four stars
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

four stars

92.11

Accountability & Transparency

four stars

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 four stars
Children's Scholarship Fund (NY) 91.16 four stars
Special Operations Warrior Foundation (FL) 96.46 four stars
Catholic Education Arizona (AZ) 89.39 three stars
Daniel Murphy Scholarship Fund (IL) 89.28 three stars

Compare These Charities (Highly Rated)

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. Point Foundation is the nation's largest LGBTQ students of merit; having provided more than 350 scholarships since 2002. Point promotes change through scholarship funding, mentorship, leadership development, and community service training. Upon completing their tenure as scholars, Point Alumni continue to have access to the Point community, resources, and leadership programming. Point is continually exploring ways to uplift and support our diverse and growing network of LGBTQ leaders. In 2017 Point is expanding its Community College Scholarship Program (initial funding thanks to Wells Fargo), which assists LGBTQ students in their final year at a community college who are planning to transfer to a four-year college or university.

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%

Ratings History
Point Foundation has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-06 07/01/2016 94.42 four stars
2014-06 06/01/2016 91.97 four stars
 
CN 2.0
2014-06 10/01/2015 86.54 three stars
2013-06 06/01/2014 86.93 three stars
2012-06 07/01/2013 89.77 three stars
2011-06 05/01/2012 85.37 three stars
2010-06 09/20/2011 85.36 three stars
 
CN 1.0
2010-06 06/01/2011 79.30 two stars
2009-06 04/01/2010 74.62 two stars
2008-06 10/01/2009 86.64 three stars
2007-06 10/01/2008 92.23 four stars

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. Point Foundation is the nation's largest LGBTQ students of merit; having provided more than 350 scholarships since 2002. Point promotes change through scholarship funding, mentorship, leadership development, and community service training. Upon completing their tenure as scholars, Point Alumni continue to have access to the Point community, resources, and leadership programming. Point is continually exploring ways to uplift and support our diverse and growing network of LGBTQ leaders. In 2017 Point is expanding its Community College Scholarship Program (initial funding thanks to Wells Fargo), which assists LGBTQ students in their final year at a community college who are planning to transfer to a four-year college or university.

Highly Rated

Charity Name & State Overall Score Overall Rating
Point Foundation (CA) 94.42 four stars
UNCF (DC) 94.94 four stars
The Posse Foundation (NY) 91.52 four stars
Take Stock in Children (FL) 91.28 four stars
Institute for Quality Education (IN) 86.56 three stars

Compare These Charities (Highly Rated)

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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

James Cummings and Claudia Caine
Co-Chairs

CEO

Jorge Valencia
Executive Director & CEO

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