NonprofitsPikes Peak State College Foundation Inc

Education

Pikes Peak State College Foundation Inc

COLORADO SPGS, CO

Total revenue

$2.8M

Total expenses

$3.6M

Net assets

$5.6M

Grants received

$5.3M

30 grants

EIN

742182257

Tax year

2023

Mission

To receive, invest and administer property for the benefit of pikes peak state college.

Programs

1 program

Recognizing that higher education is proven to be a highly effective pathway from poverty to economic self-sufficiency and civic participation, the ppsc foundation scholarship program is designed to provide meaningful and sustainable financial support to low income and first-generation students. The majority of foundation scholarships are donor-designated to fund students who are committed to completion of a career-oriented degree or certificate program.(continued on schedule o)scholarships are intentionally awarded to support enrollment, retention, and graduation from ppsc. Scholarship students receive hands-on coaching and wrap-around support services to help them succeed and research shows a dramatic increase in the percentage of scholarship students who graduate, transfer, or stay in college, providing a very high rate of return on philanthropic investment.

Expenses: $1.1MGrants: $1.1M

Financials

FY 2023

Revenue

Contributions & grants$2.5M
Program service revenue
Investment income$250K
Other revenue
Total revenue$2.8M

Expenses

Grants paid$3.5M
Salaries & benefits
Fundraising$20K
Other expenses$109K
Total expenses$3.6M
Total assets$6.4M
Net assets$5.6M

People

10 listed

NameRoleCompensation

SHIRLEY STEWART

CHAIR

Board

2 hrs/wk

JORDAN AYERS

CHAIR-ELECT

Board

1 hrs/wk

ANN CESARE

VICE CHAIR

Board

2 hrs/wk

MICHAEL SCHROEDER

TREASURER

Board

2 hrs/wk

CJ MOORE

SECRETARY

Board

2 hrs/wk

STEPHANIE EDWARDS

DIRECTOR

Board

1 hrs/wk

DR KENYA LEE

DIRECTOR

Board

1 hrs/wk

DANIELLE SUMMERVILLE

DIRECTOR

Board

1 hrs/wk

DARLENE MELBY SEE SCH O

PPSC VP ADMINISTRATIVE SERVICE/CFO

Board

4 hrs/wk

KELLY RAJAB SEE SCH O

DIRECTOR OF FINANCE & OPERATIONS

Board

40 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$250K
PROMISE SCHOLARSHIP FUND
2024
$153K
PROGRAM DEVELOPMENT
2024
$5K
GENERAL FUND SUPPORT
2024
$625K
COMMUNITY SUPPORT
2023
$6K
For grant recipient's exempt purposes
2023
$50K
STEM EXPENSES
2022
$13K
Program Services
2022
$6K
For grant recipient's exempt purposes
2022
$78K
FY 22 SCHOLARSHIP, SPONSORSHIP OF PRESIDENT'S DINNER, JROTC SCHOLARSHIPS FOR KATRINA EICKHOFF, BERNADETTE FELTER AND AYSHIYON WOODS, BRIAN SMITH MILITARY AIR FORCE
2021
$8K
Program Services
2021
$500K
Program Support
2020
$60K
Program Services
2020
$900K
Program Support
2019
$60K
Program Services
2019

Funded by

$5.3M from 14 funders · 30 grants · 2017–2024

Delta Dental Plan Of Colorado

$1.9M · 4 grants · 2022–2024

Colorado Springs Health Foundation

$1.4M · 2 grants · 2019–2020

Colorado Community College System

$1.1M · 6 grants · 2017–2023

Daniels Fund

$250K · 1 grant · 2024

The Legacy Institute

$165K · 5 grants · 2019–2023

In Colorado Initiative For

$153K · 1 grant · 2024

University Of Colorado Foundation

$81K · 1 grant · 2020

Details

EIN742182257
NTEE codeB41Z
Subsection03
Ruling date1981-07
Formed1980
Employees0
Volunteers8
PIKES PEAK STATE COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo