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Education : Scholarship and Financial Support

Point Foundation

The National LGBTQ Scholarship Fund

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Impact Information is available from our partner, GlobalGiving

four stars

90.41

5055 Wilshire Boulevard 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 90.41 four stars
  Financial 86.45 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2018 and includes data from FY2017, 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 is the nation's largest scholarship provider to LGBTQ students of merit; granting more than 400 scholarships since 2002. Point promotes change through scholarship funding, mentorship, leadership development, and community service training. Upon completing their tenure as scholars, Point Alumni have access to the Point community, resources, and leadership programming. Point continues to explore ways to support LGBTQ students, such as a Community College Scholarship Program (initial funding thanks to Wells Fargo), assisting LGBTQ students in their final year at a community college who are planning to transfer to a four-year college or university. For 2018-2019, Point is providing financial and programmatic support to 98 students.

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 is the nation's largest scholarship provider to LGBTQ students of merit; granting more than 400 scholarships since 2002. Point promotes change through scholarship funding, mentorship, leadership development, and community service training. Upon completing their tenure as scholars, Point Alumni have access to the Point community, resources, and leadership programming. Point continues to explore ways to support LGBTQ students, such as a Community College Scholarship Program (initial funding thanks to Wells Fargo), assisting LGBTQ students in their final year at a community college who are planning to transfer to a four-year college or university. For 2018-2019, Point is providing financial and programmatic support to 98 students.

Impact Information

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GlobalGiving Status
Partner Status
This organization holds GlobalGiving Partner Status. GG Rewards is the system GlobalGiving uses to reward nonprofits that demonstrate listening to the people they serve, learning, and improving their impact. Organizations receive points which translate into their Status: 52% of organizations are Partner, 22% are Leader, and the top 26% of organizations are Superstar. GlobalGiving is a trusted Impact Information partner of Charity Navigator.
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This organization has been vetted by GlobalGiving.
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This impact information is current as of October 2018, when it was provided to us by GlobalGiving. At this time, Impact information published on this organization's page has no effect on its rating per our methodology. Further, the availability of GG Rewards information for charities on our site has no effect on Charity Navigator's evaluation of GlobalGiving.

Financial

three stars

86.45

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2018 and includes data from FY2017, 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)
75.2%
  Administrative Expenses 10.7%
  Fundraising Expenses 14.0%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.85
  Program Expenses Growth 4.3%
  Liabilities to Assets 3.1%
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) 90.41 four stars
Woodrow Wilson National Fellowship Foundation (NJ) 90.73 four stars
Foster Care to Success (OH) 85.70 three stars
Institute for Educational Advancement (CA) 92.22 four stars
Futures in Education (NY) 88.22 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,562,428
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $732,177
   Related Organizations $0
   Government Grants $0
Total Contributions $5,294,605
   Program Service Revenue $0
Total Primary Revenue $5,294,605
   Other Revenue $-179,629
TOTAL REVENUE $5,114,976
   
EXPENSES  
   Program Expenses $3,406,043
   Administrative Expenses $515,694
   Fundraising Expenses $525,479
TOTAL FUNCTIONAL EXPENSES $4,447,216
   
Payments to Affiliates $0
Excess (or Deficit) for the year $667,760
   
Net Assets $10,482,163

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 $1,368,094 40.2%
Leadership Conferences & Training $1,004,673 29.5%
Scholars Selections $436,388 12.8%

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

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 06/01/2018 90.41 four stars
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
$294,663 6.62% Jorge Valencia Executive Director & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Point Foundation (CA) 90.41 four stars
Folds of Honor (OK) 98.23 four stars
UNCF (DC) 92.00 four stars
Student Sponsor Partners (NY) 91.16 four stars
Catholic Schools Foundation (MA) 96.08 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Point Foundation
5055 Wilshire Boulevard
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

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