EIN 23-7442785

Valencia College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1974
Most recent tax filings
2023-03-01
Description
To support the activities of Valencia College in order to enhance learning, workforce training and economic development in Central Florida through the support of scholarships, teaching chairs, programs and buildings for Valencia College.
Also known as...
Camidaris Rivera Vega
Total revenues
$11,628,505
2023
Total expenses
$7,447,323
2023
Total assets
$108,236,547
2023
Num. employees
0
2023

Program areas at Valencia College Foundation

The Foundation supports the activities of Valencia College by making direct contributions to the College. The Foundation's guiding principles include the following: (1) to steward the resources entrusted to our care (2) to make enhancement of student learning the center of our work (3) to provide opportunities to individuals who might not otherwise be able to attend College (4) to invest wisely and conservatively (5) to partner with the College to meet its mission in the community (6) to communicate openly, frequently and honestly with our constituents (7) to honor the privacy of our donors and friends (8) to ensure we meet both the letter and the spirit of the laws that govern our work.
The Foundation awarded 3.16 million in scholarships to Valencia students and alumni for fiscal year 2023. Scholarship funding highlights include 980,267 in scholarships to assist students in the continuing education programs and 474,590 for first generation in College students.
During the year, the Foundation disbursed 5.5 million in support of student scholarships, teaching chairs and various College programs and initiatives. Program funding highlights include 1,000,000 for the continued expansion of the school of nursing, 298,560 for the peace and justice institute and 207,592 for the horizon scholars program.

Grants made by Valencia College Foundation

GranteeGrant descriptionAmount
Central Florida FoundationScholarships/support$281,332
Florida Prepaid College FoundationPrepaid Scholarships$183,021
Rollins CollegeScholarships$11,742

Who funds Valencia College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Adventist Health SystemSunbeltGeneral Support$250,000
Pepsico FoundationScholarship Program$225,000
Take Stock in Children (TSIC)Mentoring$154,440
...and 14 more grants received

Personnel at Valencia College Foundation

NameTitleCompensation
Elvin CruzPresident and Chief Executive Officer / Director , Philanthropic Programs and Recognition / Manager , Foundation Scholarships
Loren BenderChief Financial Officer$0
Oscar CristanchoBoard Member
Angela MendolaroChief Philanthropy Officer
James GalbraithVice President of Public Affairs and Interim Executive Director$0
...and 11 more key personnel

Financials for Valencia College Foundation

RevenuesFYE 03/2023
Total grants, contributions, etc.$4,290,956
Program services$114,116
Investment income and dividends$5,505,411
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,623,817
Net income from fundraising events$94,205
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,628,505

Form 990s for Valencia College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-032023-12-06990View PDF
2022-032022-08-24990View PDF
2021-032021-08-12990View PDF
2020-032020-10-08990View PDF
2019-032019-10-12990View PDF
...and 9 more Form 990s
Data update history
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 5, 2024
Updated personnel
Identified 1 new personnel
January 27, 2024
Updated personnel
Identified 14 new personnel
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $2,500 from Grey Rocks Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employees
General information
Address
1800 S Kirkman Rd
Orlando, FL 32811
Metro area
Orlando-Kissimmee-Sanford, FL
County
Orange County, FL
Website URL
valencia.org/ 
Phone
(407) 582-3150
Facebook page
MyValenciaFoundation 
IRS details
EIN
23-7442785
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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