POINT FOUNDATION

EIN: 841582086 501(c)(3) Education

LOS ANGELES, CA

Total Revenue
$9,129,129
Total Expenses
$7,443,481
Total Assets
$26,487,734
Net Assets
$25,862,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CO
Principal Officer
JORGE VALENCIA
Phone
8338876462
Tax Period
2024-07-01 to 2025-06-30

POINT FOUNDATION, founded in 2001, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $1.7M, a strong 18% operating margin.

Mission

POINT FOUNDATION SUPPORTS THE EDUCATIONAL ASPIRATIONS OF LGBTQ+ AND ALLY STUDENTS TO BECOME IMPACTFUL LEADERS IN THEIR LIVES, CAREERS, AND COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $3,919,232 Revenue: $0

SCHOLARSHIP & SCHOLAR SUPPORTAS OF JUNE 2025, POINT FOUNDATION (POINT) HAS AWARDED 4,347 SCHOLARSHIPS AND HAS INVESTED MORE THAN $64 MILLION IN OUR LGBTQ+ AND ALLY SCHOLARS.POINT FOUNDATION CURRENTLY...

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SCHOLARSHIP & SCHOLAR SUPPORTAS OF JUNE 2025, POINT FOUNDATION (POINT) HAS AWARDED 4,347 SCHOLARSHIPS AND HAS INVESTED MORE THAN $64 MILLION IN OUR LGBTQ+ AND ALLY SCHOLARS.POINT FOUNDATION CURRENTLY AWARDS FOUR TYPES OF SCHOLARSHIPS: OUR TRADITIONAL FLAGSHIP SCHOLARSHIP, COMMUNITY COLLEGE SCHOLARSHIP, ACCESS SCHOLARSHIP, AND PERSISTENCE SCHOLARSHIP. ALL SCHOLARSHIP PROGRAMS PROVIDE FINANCIAL ASSISTANCE. IN ADDITION, THE FLAGSHIP, COMMUNITY COLLEGE, AND ACCESS SCHOLARSHIPS INCLUDE LEADERSHIP DEVELOPMENT PROGRAMMING DESIGNED TO SUPPORT STUDENT SUCCESS. SCHOLARS BENEFIT FROM A COMMUNITY OF LGBTQ+ AND ALLY STUDENTS AND ALUMNI, LEADERSHIP TRAINING, AND PROFESSIONAL DEVELOPMENT. BY PROVIDING LGBTQ+ AND ALLY STUDENTS WITH THE RESOURCES TO SUCCEED IN HIGHER EDUCATION, POINT FOUNDATION IS BUILDING A GENERATION OF LGBTQ+ AND ALLY LEADERS WITH THE SKILLS TO ADVANCE REPRESENTATION IN THEIR CHOSEN FIELDS AND ACROSS SOCIETY.DURING THE 2024-2025 ACADEMIC YEAR, POINT FOUNDATION SUPPORTED 779 STUDENTS. ADDITIONALLY, POINT PROVIDED ADDITIONAL EMERGENCY FUNDING TO 22 SCHOLARS. AS A CHAMPION FOR EQUAL ACCESS TO HIGHER EDUCATION, POINT FOUNDATION IS PROUD THAT 52 PERCENT OF OUR SCHOLARS ARE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE.POINT'S INTERNSHIP & PROFESSIONAL DEVELOPMENT AWARD IS DESIGNED TO SUPPORT LGBTQ+ AND ALLY STUDENTS' PARTICIPATION IN HANDS-ON LEARNING EXPERIENCES THAT ENHANCE ACADEMIC SUCCESS AND EARLY CAREER OUTCOMES. AWARD FUNDS MAY BE USED TO COVER LIVING EXPENSES AND OTHER OUT-OF-POCKET COSTS ASSOCIATED WITH AN INTERNSHIP OR OTHER PROFESSIONAL DEVELOPMENT ACTIVITIES. THIRTY-TWO STUDENTS EARNED THE INTERNSHIP AND PROFESSIONAL DEVELOPMENT AWARD THIS YEAR. AWARDED STUDENTS PARTICIPATED IN INTERNSHIPS, ATTENDED ACADEMIC AND PROFESSIONAL CONFERENCES, CONDUCTED SUPERVISED ACADEMIC RESEARCH, AND TOOK PART IN OTHER PROFESSIONAL DEVELOPMENT EXPERIENCES RELEVANT TO THEIR CAREER GOALS.

Program 2
Expenses: $1,819,526 Revenue: $0

LEADERSHIP DEVELOPMENT: POINT PROVIDED A BLEND OF IN-PERSON AND ONLINE PROGRAMMING IN 2024-2025. THE HIGHLIGHT OF THIS YEAR'S IN-PERSON PROGRAMMING WAS THE 3-DAY NATIONAL LEADERSHIP CONFERENCE (NLC)...

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LEADERSHIP DEVELOPMENT: POINT PROVIDED A BLEND OF IN-PERSON AND ONLINE PROGRAMMING IN 2024-2025. THE HIGHLIGHT OF THIS YEAR'S IN-PERSON PROGRAMMING WAS THE 3-DAY NATIONAL LEADERSHIP CONFERENCE (NLC) IN WASHINGTON D.C. THE NLC BROUGHT TOGETHER OVER 100 POINT STAFF, SCHOLARS, AND COMMUNITY MEMBERS, INCLUDING 85 SCHOLARS AND ALUMNI TO PARTICIPATE IN KNOWLEDGE SHARING PANELS, WORKSHOPS, AND FIELD TRIPS ALL CENTERED AROUND THE THEME CAPITALIZE THE MOMENT: LGBTQ LEADERSHIP FOR TODAY & TOMORROW. THE NLC THEME EMPHASIZES THE URGENCY OF THE MOMENT AND THE IMPORTANCE OF EMPOWERING LGBTQ+ AND ALLY LEADERS TO MAKE A DIFFERENCE IN THEIR PERSONAL AND PROFESSIONAL ENDEAVORS. HIGHLIGHTS FROM THE EVENT INCLUDE PANELS AND TALKS WITH REPRESENTATIVES FROM LGBTQ LEADERS IN HIGHER EDUCATION AND PEER SCHOLARSHIP ORGANIZATIONS. NLC ALSO ORIENTED THE FLAGSHIP SCHOLARS TO THE COMMUNITY AND PROVIDED AMPLE OPPORTUNITY TO INFORM THEM OF THEIR SCHOLARSHIP EXPECTATIONS AND RESOURCES. IN ADDITION TO NLC, POINT CONTINUED OUR CAREER EXPOSURE PROGRAMMING EFFORTS BY BRINGING SCHOLARS TO MEET IN-PERSON WITH CORPORATE PARTNERS, LEARN ABOUT CAREER OPPORTUNITIES, DEVELOP NETWORKING SKILLS, AND GATHER RESOURCES TO SUPPORT THEIR CAREER GOALS. IN THE FALL, WE BROUGHT 10 SCHOLARS TO CHICAGO TO MEET WITH CORPORATE PARTNERS AT CBRE AND CNA AND IN THE SPRING, WE BROUGHT 9 SCHOLARS TO NEW YORK CITY TO MEET WITH WELLS FARGO AND APOLLO GLOBAL MANAGEMENT.ONLINE PROGRAMMING IN 2024-2025 KICKED OFF WITH A PANEL WITH THE NATIONAL NATIVE AMERICAN LAW STUDENTS ASSOCIATION AND CONTINUED ONWARD WITH FIVE EVENTS WITH CORPORATE PARTNERS CBRE, SALLIE MAE, DISNEY, EIGHT ELEVEN GROUP, AND SYNCHRONY, RESPECTIVELY, TO CONNECT SCHOLARS TO PARTNERS AND CAREER OPPORTUNITIES. POINT ALSO HOSTED A COMMUNITY COLLEGE CONFERENCE IN THE FALL THEMED EMPOWER & ELEVATE: COMMUNITY COLLEGE STUDENT SUCCESS. THIS VIRTUAL CONFERENCE INVITED COMMUNITY COLLEGE SCHOLARS TO MEET TO WITH POINT COMMUNITY MEMBERS AND PARTNERS DURING THE FOLLOWING SESSIONS: SKILL BUILDING WITH PHI THETA KAPPA'S CEO & PRESIDENT, DREAM IT REAL ROAD MAPPING WITH THE COACH FOUNDATION, AND A KEYNOTE BY POINT'S BOARD OF DIRECTOR'S CO-VICE CHAIR. LASTLY, WE COLLABORATED WITH PROJECT BASTA TO OFFER A PORTFOLIO OF CAREER READINESS TOOLS AND WORKSHOPS TO SCHOLARS, WITH TWO EVENTS SPECIFICALLY TAILORED FOR POINT SCHOLARS ACROSS AWARDS.ANOTHER KEY COMPONENT OF PROGRAMMING WAS OUR MENTORING EFFORTS. RESEARCH FROM THE NATIONAL MENTORING RESEARCH CENTER PROVIDES EVIDENCE THAT AFFIRMING MENTORING RELATIONSHIPS PROMOTE POSITIVE EDUCATIONAL OUTCOMES FOR LGBTQ+ AND ALLY YOUTH. A TOTAL OF 22 VOLUNTEERS WERE ASSIGNED AS MENTORS TO FLAGSHIP AND COMMUNITY COLLEGE SCHOLARS. IN AGGREGATE, MENTORS HAD MORE THAN 120 MEETINGS WITH SCHOLARS TO PROVIDE PERSONAL AND PROFESSIONAL DEVELOPMENT. GROUP MENTORING SPECIFICALLY FOCUSED ON ONE OF THE FOLLOWING TOPICS: AUTHENTIC NETWORKING, CAREER EXPLORATION, AND LEADERSHIP DEVELOPMENT.THESE OPPORTUNITIES HAD A NOTABLE IMPACT ON OUR SCHOLARS, EQUIPPING THEM WITH THE SKILLS AND KNOWLEDGE THEY NEED TO SUCCEED PROFESSIONALLY, WHILE ALSO PROVIDING OPPORTUNITIES FOR AUTHENTIC NETWORKING AND COMMUNITY DEVELOPMENT. THIS YEAR AND EVERY YEAR, OUR PRIORITY IS SERVING OUR STUDENTS, ENABLING THEM TO FULFILL THEIR ACADEMIC GOALS, AND BECOMING LEADERS OF TOMORROW.

Program 3
Expenses: $666,655 Revenue: $0

SCHOLAR SELECTIONS:THE FLAGSHIP SCHOLARSHIP APPLICATION OPENED SEPTEMBER 10, 2024, AND CLOSED DECEMBER 5, 2024. WE RECEIVED 4,156 APPLICATIONS. OF THESE, 1,301 ADVANCED TO THE SEMIFINAL ROUND AND...

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SCHOLAR SELECTIONS:THE FLAGSHIP SCHOLARSHIP APPLICATION OPENED SEPTEMBER 10, 2024, AND CLOSED DECEMBER 5, 2024. WE RECEIVED 4,156 APPLICATIONS. OF THESE, 1,301 ADVANCED TO THE SEMIFINAL ROUND AND WERE ASKED TO SUBMIT ADDITIONAL MATERIALS. 104 CANDIDATES ADVANCED TO THE FINAL ROUND. FINALISTS SUBMITTED A RECORDED PRESENTATION ABOUT THEIR ACADEMIC INTERESTS, PROFESSIONAL GOALS, AND LEADERSHIP. ULTIMATELY, 31 CANDIDATES WERE SELECTED AS POINT FLAGSHIP SCHOLARS.THE COMMUNITY COLLEGE SCHOLARSHIP APPLICATION OPENED NOVEMBER 21, 2024, AND CLOSED FEBRUARY 20, 2024. WE RECEIVED 691 APPLICATIONS. OF THESE, 176 ADVANCED TO THE FINAL ROUND. FINALISTS SUBMITTED AN ELIGIBILITY CHECK BY CONFIRMING THEIR ENROLLMENT PLANS FOR 2025-26, AN ADDITIONAL ESSAY, AND CAREER QUESTIONNAIRE. ULTIMATELY, 101 CANDIDATES WERE SELECTED AS COMMUNITY COLLEGE SCHOLARS.WE RAN THE FIRST OF TWO ANNUAL SELECTION CYCLES FOR THE ACCESS SCHOLARSHIP. THIS CYCLE OPENED FEBRUARY 8, 2024, AND CLOSED MARCH 14, 2024. WE RECEIVED 1,045 APPLICATIONS. ULTIMATELY, 180 CANDIDATES WERE SELECTED AS ACCESS SCHOLARS.PERSISTENCE SCHOLARSHIP RECIPIENTS DO NOT APPLY; INSTEAD, WE SELECT HIGHLY-RATED FLAGSHIP, COMMUNITY COLLEGE, AND ACCESS APPLICANTS WHO DID NOT RECEIVE ONE OF THOSE SCHOLARSHIPS. WE AWARDED 236 PERSISTENCE SCHOLARSHIPS IN TOTAL.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,129,794
Program Service Revenue $0
Investment Income $1,005,145
Other Revenue $-5,810
TOTAL REVENUE $9,129,129

Expense Breakdown

Grants Paid $2,304,286
Salaries & Benefits $3,377,052
Fundraising Expenses $592,386
Program Expenses $6,405,413
Other Expenses $1,679,463
TOTAL EXPENSES $7,443,481

Year-over-Year Comparison

2024 2023 Change
Revenue $9,129,129 $10,043,390 -0.1%
Expenses $7,443,481 $6,741,374 +0.1%
Net Income $1,685,648 $3,302,016 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
32
Independent Members
32
Employees
25
Volunteers
670

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$844,058
Total Directors
38
$0
Key Employees
1
$267,666
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER LICHTENTHAL CO-CHAIR 6.00
Officer Director
$0 $0 $0
BEN HARMAN CO-CHAIR 6.00
Officer Director
$0 $0 $0
CHRISTOPHER NIZER CO-VICE CHAIR 6.00
Officer Director
$0 $0 $0
KELLY HORTON CO-VICE CHAIR 6.00
Officer Director
$0 $0 $0
BRIAN DENT TREASURER 6.00
Officer Director
$0 $0 $0
JENNA GAMBARO SECRETARY 6.00
Officer Director
$0 $0 $0
AARON LEIFER BOARD MEMBER 3.00
Director
$0 $0 $0
ALAN GUNO BOARD MEMBER THRU 2024-07 3.00
Director
$0 $0 $0
ALEXIA KORBERG BOARD MEMBER LOA BEGINNING 2025-04 3.00
Director
$0 $0 $0
ANDREW CARAVELLA BOARD MEMBER 3.00
Director
$0 $0 $0
ANTHONY YU BOARD MEMBER 3.00
Director
$0 $0 $0
BEN KOZUB BOARD MEMBER 3.00
Director
$0 $0 $0
CALEN OUELLETTE BOARD MEMBER 3.00
Director
$0 $0 $0
CARL STREED BOARD MEMBER LOA BEGINNING 2025-04 3.00
Director
$0 $0 $0
CELINA GERBIC BOARD MEMBER 3.00
Director
$0 $0 $0
CHRIS GO BOARD MEMBER 3.00
Director
$0 $0 $0
DIANA GRESHTCHUK BOARD MEMBER 3.00
Director
$0 $0 $0
EDDIE SANTOS BOARD MEMBER THRU 2025-03 3.00
Director
$0 $0 $0
GABRIELLA BENSUR BOARD MEMBER BEGINNING 2024-10 3.00
Director
$0 $0 $0
GLENN EVANS BOARD MEMBER 3.00
Director
$0 $0 $0
HILLARY SUPER BOARD MEMBER 3.00
Director
$0 $0 $0
JASON RUDMAN BOARD MEMBER BEGINNING 2024-10 3.00
Director
$0 $0 $0
JERRY ROJAS BOARD MEMBER 3.00
Director
$0 $0 $0
JIM HOLMES BOARD MEMBER 3.00
Director
$0 $0 $0
MARK PERRIN BOARD MEMBER BEGINNING 2024-07 3.00
Director
$0 $0 $0
MARNIE MERRIAM BOARD MEMBER 3.00
Director
$0 $0 $0
MATT BARBEY BOARD MEMBER THRU 2025-05 3.00
Director
$0 $0 $0
MEGAN HASTINGS BOARD MEMBER THRU 2025-01 3.00
Director
$0 $0 $0
MELISSE SHABAN BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL MATTHEWS BOARD MEMBER 3.00
Director
$0 $0 $0
MICHELLE ADAMS BOARD MEMBER 3.00
Director
$0 $0 $0
PAUL THOMAS BOARD MEMBER 3.00
Director
$0 $0 $0
PETER LEASE BOARD MEMBER 3.00
Director
$0 $0 $0
RON VALDEZ BOARD MEMBER BEGINNING 2024-07 3.00
Director
$0 $0 $0
RYAN WOOTTEN BOARD MEMBER 3.00
Director
$0 $0 $0
SARAH MADEY BOARD MEMBER THRU 2024-07 3.00
Director
$0 $0 $0
SETH PERSILY BOARD MEMBER 3.00
Director
$0 $0 $0
STACEY SMITHERS BOARD MEMBER THRU 2025-04 3.00
Director
$0 $0 $0
JORGE VALENCIA EXECUTIVE DIRECTOR & CEO 70.00
Officer
$349,951 $29,079 $379,030
SCOTT ARNESON CFO 50.00
Officer
$222,730 $6,915 $229,645
KEVIN WRIGHT CHIEF OF STAFF 50.00
Officer
$219,189 $16,194 $235,383
EDWIN PELTO CHIEF DEVELOPMENT OFFICER 50.00
Key Emp
$247,462 $20,204 $267,666
WILLIAM DEVERS SR DIR OF DEVELOPMENT 40.00
Highest
$145,932 $14,516 $160,448
DARRIN J WILSTED DIR OF EXECUTIVE AFFAIRS/B 40.00
Highest
$113,945 $21,525 $135,470
SUSAN L FERRIS DIR OF HR AND FINANCE 40.00
Highest
$113,872 $19,899 $133,771
JANE MILLER RENNERT DIRECTOR OF CORPORATE & FOUNDATION RELATIONS 40.00
Highest
$101,203 $19,625 $120,828
MARGAUX COWDEN CHIEF OF PROGRAM 50.00
$113,405 $0 $113,405
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,129,129 $7,443,481 $26,487,734 $1,685,648
2024 $10,043,390 $6,741,374 $24,207,626 $3,302,016
2023 $10,563,939 $5,696,160 $20,236,201 $4,867,779
2022 $5,979,243 $4,873,686 $15,200,510 $1,105,557
2021 $8,735,569 $4,314,373 $15,285,214 $4,421,196
2020 $4,398,098 $3,585,561 $10,217,046 $812,537
2019 $3,498,086 $4,218,806 $9,223,627 $-720,720
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