Disable all preview features

Education : Scholarship and Financial Support

Point Foundation

The National LGBTQ Scholarship Fund

four stars

90.60

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

Board Leadership
Claudia Caine and James Williams
Co-Chairs

CEO
Jorge Valencia
Executive Director & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 90.60 four stars
  Financial 86.71 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 11/01/2017 and includes data from FY2016, the most recent 990 received at that time.

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.

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.

Results Information

Program Name: Scholarships-Mentoring-Leadership Development
Problem

Many LGBTQ students drop out of high school to escape violence, harassment, and isolation– a dropout rate nearly three times the national average. As a result, many say they are not planning to pursue a higher education. Many also lack the support and encouragement of their families. Point Foundation addresses these issues by providing LGBTQ students with scholarship funding, mentorship, leadership development, and community service training.

Strategy

Provide a financial contribution toward the many costs of attending institutions of higher education. Provide scholarship recipients with mentors who are role models and provide advice on academic and professional career decisions. Provide training in leadership development through programs, conferences, and internship opportunities. Promote a culture of giving back to community by requiring scholarship recipients to design and complete an annual community service project.

IF:THEN

IF IF LGBTQ young people have greater access to financial support to help with the cost of attaining a higher education degree…...

THEN Then more LGBTQ young people will choose to pursue and likely complete a higher education degree program.

IF IF LGBTQ students have access to mentors who can help guide them during the pursuit of their academic degree and onward as they begin their career trajectory…...

THEN Then they are more likely to have confidence in their abilities, excel in school and be better prepared for succeeding in their chosen profession.

IF IF LGBTQ students are provided with opportunities to learn, develop and practice leadership skills…...

THEN Then they can give back to their community by helping address the systemic challenges LGBTQ individuals face.
Did you find the Results Information useful?
There was a problem saving your response. Please try again.
Thank you for your feedback. If you wish to share more about this data you may do so below.
Your feedback has been recorded
There was a problem saving your response. Please try again.
This results data is current as of November 2017, when it was provided to us by Classy. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

three stars

86.71

Accountability & Transparency

four stars

100.00

This rating was published 11/01/2017 and includes data from FY2016, 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)
74.8%
  Administrative Expenses 10.0%
  Fundraising Expenses 15.1%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 1.70
  Program Expenses Growth 7.1%
  Liabilities to Assets 4.2%
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) 90.60 four stars
Jewish Tuition Organization (AZ) 86.84 three stars
The BISON Children's Scholarship Fund (NY) 95.03 four stars
Simon Youth Foundation (IN) 85.83 three stars
Thanks USA (VA) 87.62 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,287,374
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $732,137
   Related Organizations $0
   Government Grants $0
Total Contributions $4,019,511
   Program Service Revenue $0
Total Primary Revenue $4,019,511
   Other Revenue $-140,003
TOTAL REVENUE $3,879,508
   
EXPENSES  
   Program Expenses $3,234,599
   Administrative Expenses $443,296
   Fundraising Expenses $691,531
TOTAL FUNCTIONAL EXPENSES $4,369,426
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-489,918
   
Net Assets $9,547,108

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 $1,456,997 45.0%
Leadership Conferences & Training $785,600 24.3%
Scholars Selections $426,584 13.2%

Ratings History
Point Foundation has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 11/01/2017 90.60 four stars
2016-06 10/01/2017 90.18 four stars
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, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

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).

Compensation % of Expenses Paid to Title
$285,988 6.54% Jorge Valencia Executive Director, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Point Foundation (CA) 90.60 four stars
Take Stock in Children Palm Beach County (FL) 92.15 four stars
Jackie Robinson Foundation (NY) 86.04 three stars
Jewish Tuition Organization (AZ) 86.84 three stars
Carson Scholars Fund (MD) 92.07 four stars

Compare These Charities (Highly Rated)

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

Claudia Caine and James Williams
Co-Chairs

CEO

Jorge Valencia
Executive Director & CEO

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.