NonprofitsEast Los Angeles College Foundation

Education

East Los Angeles College Foundation

MONTEREY PARK, CA

Total revenue

$2.5M

Total expenses

$2.7M

Net assets

$8.2M

Grants received

$1.2M

43 grants

EIN

330034221

Tax year

2023

Mission

To promote and elevate the college in fulfilling its mission and reaching its goals through marketing and advocacy, community and industry connections and financial support.

Programs

2 programs

Scholarships - the foundation administers scholarships funded by donations from foundations, individuals and government programs.

Expenses: $555KGrants: $158K

Lausd gear up 4 la contract: to increase the number of low-income students who are prepared to enter and succeed in post secondary education. The program provides services in high poverty middle and high schools through the first year of college

Expenses: $777KGrants: $236K

Financials

FY 2023

Revenue

Contributions & grants$2.0M
Program service revenue$203K
Investment income$222K
Other revenue
Total revenue$2.5M

Expenses

Grants paid$674K
Salaries & benefits$1.5M
Fundraising$32K
Other expenses$553K
Total expenses$2.7M
Total assets$8.3M
Net assets$8.2M

People

19 listed

NameRoleCompensation

ARMOND AGHAKHANIAN

EXECUTIVE DIRECTOR

Board

$186K

40 hrs/wk

HON LUIS AYALA

BOARD MEMBER

Board

1 hrs/wk

HELEN ROMERO SHAW

BOARD MEMBER

Board

1 hrs/wk

SANDY HO

BOARD MEMBER

Board

1 hrs/wk

KEN MAXEY

BOARD MEMBER

Board

1 hrs/wk

GABRIEL MONARES

VICE PRESIDENT

Board

2 hrs/wk

EDWARD RENDON

BOARD MEMBER

Board

1 hrs/wk

PRICILLA LIZARRAGA

BOARD MEMBER

Board

1 hrs/wk

KASSANDRA SANCHEZ

TREASURER

Board

2 hrs/wk

PAUL CHANG

BOARD MEMBER

Board

1 hrs/wk

MARISSA CASTRO SALVATI

PRESIDENT

Board

4 hrs/wk

CHRISTIAN CONTRERAS ESQ

BOARD MEMBER

Board

1 hrs/wk

ARNOLDO JAQUEZ JR

BOARD MEMBER

Board

1 hrs/wk

REYNA VALADEZ

BOARD MEMBER

Board

1 hrs/wk

MARIA ELENA YEPES

BOARD MEMBER

Board

1 hrs/wk

THOMAS A DI MASCIO

VICE PRESIDENT

Board

2 hrs/wk

DR ALBERTO J ROMAN

COLLEGE PRESIDENT

Board

2 hrs/wk

LUIS PLASCENCIA

BOARD MEMBER

Board

1 hrs/wk

TINA HWANG

PRESIDENT EMIRITUS

Board

2 hrs/wk

Grants received

Showing 43 of 43

FromAmountPurposeYear
$58K
DESIGNERS IN RESIDENCE PROGRAM
2024
$11K
FAFSA STUDENT SUPPORT
2024
$6K
SCHOLARSHIP FOR ANDREA OLIVARES OCHOA, STUDENT ID XXX-XX-XXXX
2024
$59K
CCCSE SCHOLARSHIP GRANT
2023
$38K
DESIGNERS IN RESIDENCE PROGRAM
2023
$1K
General Operating Support
2023
$280K
STUDENT-CENTRIC PRACTICES PROGRAM GRANT
2022
$58K
CCCSE SCHOLARSHIP GRANT
2022
$50K
TRANSFORMING LIVES PROJECT
2022
$15K
REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.
2022
$7K
IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES
2022
$1K
General operating support
2022
$100
EDUCATION
2022
$69K
OSHER SCHOLARSHIP
2021
$10K
ELAC FOUNDATION 2022 PRESIDENT'S GALA
2021
$10K
CHARITABLE PURPOSE
2021
$350
HONORARIUM FOR PARTICIPATION IN SELA LEARNING REFLECTION PROJECT
2021
$56K
OSHER SCHOLARSHIP
2020
$13K
ANTHEM FRESH SUCCESS MATCH
2020
$10K
EDUCATION
2020
$8K
TRANSFORMING LIVES CAMPAIGN (TLC) COVID-19 RELIEF EFFORTS FOR STUDENTS & THEIR FAMILIES
2020
$5K
NEIF: COVID-HEALTHCARE SUPPORT
2020
$2K
GENERAL DONATION
2020
$1K
CHARITABLE PURPOSE
2020
$59K
OSHER SCHOLARSHIP
2019
$9K
GENERAL OPERATING SUPPORT FOR ESTEC LA INCUBATOR
2019
$9K
GENERAL OPERATING SUPPORT FOR ESTEC LA INCUBATOR
2019
$6K
For grant recipient's exempt purposes
2018
$1K
Donation, upon invitation and request
2018
$59K
OSHER SCHOLARSHIP
2017
$16K
REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.
2017
$6K
Education Education
2017

Funded by

$1.2M from 24 funders · 43 grants · 2017–2024

Foundation For California Community

$379K · 8 grants · 2017–2023

College Futures Foundation

$280K · 1 grant · 2022

California Community Foundation

$111K · 2 grants · 2017–2023

Education Design Lab

$95K · 2 grants · 2023–2024

Emerald Cities Collaborative Inc

$75K · 1 grant · 2021

Donor Advised Charitable Giving Inc

$51K · 4 grants · 2018–2021

Joseph Drown Foundation

$50K · 1 grant · 2022

Altamed Health Services Corporation

$31K · 2 grants · 2017–2022

Details

EIN330034221
NTEE codeB114
Subsection03
Ruling date1985-07
Formed1984
Employees30
Volunteers0
EAST LOS ANGELES COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo