Title here

Text here
 
Donate Now

POINT FOUNDATION Organization Name provided in the GuideStar Exchange* as of 08/13/2014: POINT FOUNDATION

Organization Name as listed in the IRS Business Master File as of 09/08/2014: POINT FOUNDATION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

AKA  Point
Los Angeles, CA

GuideStar Summary

&1002; GuideStar Exchange Organization has not reached a GuideStar Exchange Participation Level ?
This organization is a GuideStar Exchange participant, demonstrating its commitment to transparency.

Is this your nonprofit? Update your information today!
&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
  No Personal Reviews available No Personal Reviews available | Write a Review

Basic Organization Information

POINT FOUNDATION Organization Name provided in the GuideStar Exchange* as of 08/13/2014: POINT FOUNDATION

Organization Name as listed in the IRS Business Master File as of 09/08/2014: POINT FOUNDATION

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: Point
Physical Address: Los Angeles, CA 90036 
EIN: 84-1582086
Web URL: www.pointfoundation.org 
Blog URL: www.pointfoundation.org/news 
NTEE Category: B Educational Institutions
B40 Higher Education Institutions
B Educational Institutions
B50 Graduate, Professional(Separate Entities)
B Educational Institutions
B82 Scholarships, Student Financial Aid, Awards
Ruling Year: 2001 


Sign in or create an account to see this organization's full address, contact information, and more!

Mission Statement

Point Foundation empowers promising LGBTQ students to achieve their full academic and leadership potential – despite the obstacles often put before them – to make a significant impact on society.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

Learn more about GuideStar Charity Check, the only pre-grant due diligence tool that is 100% compliant with IRS Rev. Proc 2011-33.

Annual Revenue & Expenses (IRS Form 990, July 2012)

Fiscal Year Starting: July 01, 2012
Fiscal Year Ending: June 30, 2013

Total Revenue $3,456,390
Total Expenses $3,549,603

Revenue & Expenses

Revenue and expense information has not been provided by the nonprofit. Click here if you are associated with this organization and want to provide this information.

Chart Illustration Revenue and Expense data from Forms 990 for 2013, 2012, 2011, 2010, 2009 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Back to Top »

Balance Sheet (IRS Form 990)

Chart Illustration Balance Sheet data from Forms 990 for Year 2013, 2012, 2011, 2010, 2009 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Back to Top »

Leadership

(GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)

Mr. Jorge Valencia

Term:

Since Jan 2007

Profile:

Mr. Valencia has extensive operational, administrative and management experience in the non-profit, private and governmental sectors. Prior to joining The Point Foundation Jorge served as Executive Director of The Trevor Project, led the corporate communications division at Pueblo Corporation (Pueblo), a marketing firm located in Los Angeles. Some of his clients included Ford Motor Company, DirecTV, Food 4 Less and Sprint PCS. Prior to Pueblo, Mr. Valencia was director of communications at Hugh O?Brian Youth Leadership, which conducts leadership seminars for promising youth. During the Clinton Administration, Mr. Valencia served as the Director of External Affairs for the U.S. Small Business Administration (SBA). Prior to his political management endeavors, Mr. Valencia served as head of public relations and marketing at Power Productions International, Inc. where he was responsible for creating and negotiating sponsorship contracts with LA Gear Inc., Reebok International and City of Hope. ?The Point Foundation occupies an important and unique place in the non-profit world, and I'm excited to join such a strong and dynamic group,? said Mr. Valencia. ?I look forward to working with the board, staff and volunteers to pursue the organization?s critical mission to identify, encourage and support exceptional LGBT students so that they can have the opportunity to achieve their full potential and become meaningful members of society.? On a personal level, Mr. Valencia brings to his work a keen personal understanding of the issues many Point Scholars face, having grown up in Texas as part of a Mormon Latino family and graduated from Brigham Young University.

Leadership Statement:

Our work is so much more than just providing higher education scholarships to LGBTQ students across the country. It’s about instilling self-worth in our youth and letting them know how much we value whothey are and that we believe in them.  In turn, being selected as a PointScholar comes with the responsibility of using this opportunity to helpstrengthen the LGBTQ community, which is why we stress leadership as a quality applicants must exhibit and want to further develoExecutive Director & CEO

Board Chair (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)

Sign in or create an account to view this information from the GuideStar Exchange

Board Co-Chair (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)

Sign in or create an account to view this information from the GuideStar Exchange

Board of Directors (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)

Sign in or create an account to view this information from the GuideStar Exchange

Board Leadership Practices (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

Chart Illustration Officers for 2013, 2012, 2011, 2010, 2009 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Highest Paid Employees & Their Compensation (IRS Form 990)

Chart Illustration Highest Paid Employee Data for 2013, 2012, 2011 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

People information was last updated by the nonprofit in August 2014

Click here if you are associated with this organization and want to provide updated information.

Programs

Program: (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)

Budget:
--
Category:
Population Served:

Program Description:

Founded in 2001, Point Foundation (Point) is a publicly supported national non-profit organization that provides academic scholarships to lesbian, gay, bisexual and transgender (LGBT) undergraduate, graduate and post-graduate students of merit. The mission of Point is to provide financial support, mentoring, leadership training and hope to meritorious students who are marginalized because of their sexual orientation, gender identity or gender expression. Additionally, Point provides programs that affect social change by challenging attitudes that contribute to social stigma and its resulting prejudice, which is often experienced by those in the LGBT community. By helping scores of individuals obtain a solid educational foundation, Point is building a generation of leaders, committed both to personal achievement and to increasing acceptance and understanding within society as a whole. Point achieves its mission through scholarship grants, leadership training and individual mentoring programs.

Program Long-Term Success:

The Point Foundation has invested more than $3 million in scholarships to support LGBT students.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Multi-Level Support for LGBT (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
August 2014)

Budget:
$2,321,358
Category:
Youth Development
Population Served:
Gays/Lesbians

Program Description:

Financial Support, Leadership training, mentoring to LGBT youth

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Impact Summary from the Nonprofit

Since its inception in 2001, Point Foundation has invested more than $15 million in the education and support of over 220 outstanding Point Scholars.  For the 2012/2013 academic year Point funded 76 Point Scholars across the country.  By helping these individuals obtain a solid educational foundation, Point is building a generation of leaders, committed both to personal achievement and to increasing acceptance and understanding within society as a whole. Point achieves its mission through scholarship grants, leadership training and individual mentoring programs.    Point’s work is vital because nearly one-third of LGBTQ students drop out of high school to escape the violence, harassment, and isolation they face there -  a dropout rate nearly three times the national average - and, as a result, are twice as likely to report they are not planning to pursue a higher education.

Reviews

Organization Data Available

Adobe PDF Format A GuideStar Premium Report in PDF format is available for this organization

Price for this Report: $125.00

This Premium Report includes:

  • Financial Data for
  • Financial Charts for
  • Forms 990 for
  • Forms 990T for
  • Audited Financial Statement for
  • Annual Reports for
  • Letter of Determination
  • Form 1023 / 1024
  • Board Members
  • Officer, Director and/or Highest Paid Employee data for


Learn more about GuideStar Premium