San Mateo County Community Colleges Foundation

EIN: 946133905 501(c)(3) Education

San Mateo, CA

Total Revenue
$5,827,694
Total Expenses
$3,900,085
Total Assets
$41,707,976
Net Assets
$41,264,797
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CA
Principal Officer
Megan Barber Allende
Phone
6505746229
Tax Period
2024-07-01 to 2025-06-30

San Mateo County Community Colleges Foundation, founded in 1966, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.9M, a strong 33% operating margin.

Mission

TO PROMOTE STUDENT SUCCESS AND INNOVATION BY PROVIDING FINANCIAL SUPPORT TO HELP STUDENTS ACHIEVE THEIR GOALS. THE FOUNDATION ACCOMPLISHES THIS BY RAISING FUNDS FOR SCHOLARSHIPS AND GRANTS TO BENEFIT THE 40,000+ COMMUNITY COLLEGE STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,389,703
Program Service Revenue $0
Investment Income $1,429,285
Other Revenue $8,706
TOTAL REVENUE $5,827,694

Expense Breakdown

Grants Paid $2,309,964
Salaries & Benefits $7,267
Fundraising Expenses $537,821
Program Expenses $2,869,072
Other Expenses $1,582,854
TOTAL EXPENSES $3,900,085

Year-over-Year Comparison

2024 2023 Change
Revenue $5,827,694 $10,933,037 -0.5%
Expenses $3,900,085 $3,084,529 +0.3%
Net Income $1,927,609 $7,848,508 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
6
$856,913
Total Directors
14
$2,615,536
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Moreno Ex-officio 0.25
Director
$0 $115,294 $519,544
Richard Storti Vice Chair 0.25
Officer Director
$0 $136,761 $474,249
Kim Lopez Ex-officio 0.25
Director
$0 $112,427 $465,683
Newin Orante Ex-officio 0.25
Director
$0 $106,932 $403,356
Peter Fitzsimmons Treasurer 0.25
Officer Director
$0 $113,096 $382,664
Manuel Alejandro Perez Ex-officio 0.25
Director
$0 $86,252 $370,040
Megan Barber Allende Executive Director 37.50
$0 $104,466 $350,346
Kathleen Harris Development Direct 37.50
$0 $65,854 $252,146
Analisa Pineda Business Mgr. 37.50
$0 $73,333 $212,744
Karen Chadwick Donor Relations Ma 37.50
$0 $61,759 $184,735
Melissa Rolhfs Alumni Relations 37.50
$0 $38,882 $170,098
Patricia Flores Development Assist 37.50
$0 $48,245 $161,090
Rosanne Foust Chair Jan 2025 0.25
Officer Director
$0 $0 $0
Patty Siguenza Chair/Emeritus 0.25
Officer Director
$0 $0 $0
Michal Settles V-Chair Jan2025 0.25
Officer Director
$0 $0 $0
Patricia Griffin Secretary Jan25 0.25
Officer Director
$0 $0 $0
John Hamilton Emeritus 0.25
Director
$0 $0 $0
John Pimentel Trustee 0.25
Director
$0 $0 $0
Lisa Petrides Trustee 0.25
Director
$0 $0 $0
Ken Oliver Trustee 0.25
Director
$0 $0 $0
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 $5,827,694 $3,900,085 $41,707,976 $1,927,609
2024 No data No data No data No data
2024 No data No data No data No data
2023 $4,063,014 $3,641,997 $28,720,308 $421,017
2022 $2,633,776 $1,991,653 $25,973,482 $642,123
2021 $2,851,899 $1,799,608 $29,463,218 $1,052,291
2020 $3,378,919 $2,744,417 $24,068,298 $634,502
2020 $3,378,919 $2,744,417 $24,068,298 $634,502
2019 $6,694,126 $2,314,479 $22,179,124 $4,379,647
2018 $3,290,738 $2,191,542 $20,534,153 $1,099,196
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