Educational Institutions

Irvine Valley College Foundation

  • Irvine, CA
  • ivc.edu/foundation

Mission Statement

The IVC Foundation was founded to assist in the achievement and maintenance of superior program of public education and community participation with the South Orange County Community College District by receiving contributions from the public, raising funds and making contributions to educational and community programs of the district and by developing, conducting and financing program projects designed to benefit the students enrolled in Irvine Valley College.

Main Programs

  1. Veterans Program
  2. Advanced Manufacturing, Advanced Digital Manufacturing and Advanced Energy Management
Service Areas

Self-reported

California

In general we serve the Irvine and Tustin city areas, but our students come from all over Orange County and we are open to students from all states and most nations across the globe. Our special events and Performing Arts Center are open to the general public.

ruling year

2005

Principal Officer since 2015

Self-reported

Ms. Elissa Oransky

Keywords

Self-reported

IVC Foundation, SOCCCD, Scholarships, Irvine Valley College Foundation, Veterans

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EIN

77-0239916

 Number

6018648098

Contact

Cause Area (NTEE Code)

Community/Junior College (B41)

Military/Veterans' Organizations (W30)

Raising & Fund Distribution (Pun)

IRS Filing Requirement

This organization is not required to file an annual return with the IRS because it is an arm of a state or local government.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Our student body is comprised of over 15,000 individuals, both full and part time learners. Scholarships are given to deserving students so that they may continue their education. For the 2012-2013 educational year we awarded scholarships to 221 students for a total of $240,000. Awards for 2013-2014 will be given to approximately 356 students for a total of over $350,000. In addition we hold many Foundation accounts for our departments and division administrators so that the students can be facilitated to have the best educational experiences. An example of this would be the fundraising that is done to pay for travel expenses to attend competitions for our Forensics and Model United Nations Teams, which have placed 1st in National Competition against 4 year colleges. From a recent Forbes magazine article that validates the value of community college, ""Forget Four More Years: Why Community College Could Be Your Ticket to Financial Success,"" published on Dec. 31, 2012:""Does less classroom time equal a bigger bottom line? New research shows that when it comes to earning big bucks right after graduation, community college graduates have an edge over those with four-year degrees."" ""28% of associate's degree holders buck the trend by out-earning their bachelor's degree counterparts over the life of their careers. File this under further proof that now more than ever, getting a job in this economy is about what you've studied vs. where and for how long."" We owe these hard working individuals the best support possible.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Veterans Program

The goal of veterans attending Irvine Valley College is to make IVC the most veteran friendly and veteran supportive campus in Orange County, California. Veterans returning from Iraq/Afghanistan receive educational benefits for four years of educationA total compressed 36 months (9 months of educational benefits over 4 years). This includes tuition, fees, and a monthly allowance of $2,001.However, for those weeks where a veteran is not in class (spring break, winter break, summer school and weeks between sessions), the benefits are pro-rated and are paid only while the vet is in classes.So how do those who put their lives on the line for our freedom afford living expenses between school breaks?

Category

Education, General/Other

Population(s) Served

Other Named Groups

Other Named Groups

Disabled, General or Disability Unspecified

Budget

$2,300,000.00

Program 2

Advanced Manufacturing, Advanced Digital Manufacturing and Advanced Energy Management

Irvine Valley College has a campus dedicated to development of Advanced Manufacturing, Advanced Digital Technology, Advanced Energy Management The mission at Irvine Valley College ATEP is ""to offer applied education and training programs in current and emerging technological careers driven by innovative business, industry and education partnerships."" Our focus is on delivering training in advanced manufacturing, advanced digital imaging, and advanced energy management. The recent Orange County Workforce Indicators report reveals that manufacturing, based upon size of cluster employment, is among the top 3 clusters. Irvine Valley College collaborates with regional Workforce Investment Boards (WIBs) and businesses to recruit and place students to receive advanced manufacturing, advanced digital imaging, and advanced energy management training. Our target students include disconnected youth, dislocated workers, adults, veterans, and underprepared job seekers.

Category

Education, General/Other

Population(s) Served

Other Named Groups

Poor/Economically Disadvantaged, Indigent, General

Adults

Budget

$20,000.00

Service Areas

Self-reported

California

In general we serve the Irvine and Tustin city areas, but our students come from all over Orange County and we are open to students from all states and most nations across the globe. Our special events and Performing Arts Center are open to the general public.

Funding Needs

At a recent Board of Governors meeting, four of the College's Deans brought forth their plans, desires and needs for the future. While raising funds for scholarships for our students is one of our primary goals, it is important to keep in mind that the facilities available can have a great impact on the learning abilities of the student population. It is important for students to be able to train on current equipment so that they can move into the many positions open in business, science and technology in Orange County and work in a competent manner. IVC also places a large value on helping the Veterans on our campus fill the gaps in the funding not covered by the GI Bill. Many of our Veteran students are married with children and have needs much different from our other population. In addition they have educational and personal counseling needs to be able to be assimilated into college as successful career bound individuals.

Accreditations

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

Irvine Valley College Foundation
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Irvine Valley College Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Ms. Elissa Oransky

STATEMENT FROM THE Principal Officer

"America's exceptional dream consists of opportunity, community, and intergenerational upward mobility. Community colleges have been a national asset, creating opportunity, supporting students and building communities. We must now move forward with more innovative private/public partnerships to meet today's and tomorrow's workforce needs. To ensure the dream we must now move forward with more innovative private/public partnerships to meet today's and tomorrow's workforce needs. From the American Association of Community College recommendations: Close the skills gap by sharply focusing on career and technical educationInvest in support structures to serve multiple community colleges with partners in philanthropy and the private sector Target public and private investments strategically to create new initiatives to reclaim The American Dream ""U.S. on Track to Leave Nearly $600 Billion in Revenue on the Table Unless the Nation and States Increase the Number of Adults with Postsecondary Credentials"" The current 74% wage premium for educated workers has been caused by demand exceeding supply of job appropriate degrees and certificates every year since 1970s United States ranks 15th among 34 of the Organization for Economic Cooperation and Development (OECD) member countries There is a direct correlation between degree achievement and economic development. Center for Law and Social Policy (CLASP), and the Center for Higher Education Management Systems (NCHEMS). At current attainment rates, the U.S. is on track to produce just 278,500 additional degrees by 2025 - a significant shortfall. The U.S. will need 24 million additional degrees by 2025. To remain globally competitive, the U.S. and each state should ensure that at least 60% of adults ages 25 to 64 have an associate or bachelor's degree by 2025. In California, the current rate is 38.8%. To meet the 60% goal, it will need to produce an additional 3,519,187 degrees by 2025. By achieving rates of the top-performing states, California can produce about 550,000 bachelor degrees, 1,700,000 associate degrees and 1,000,000 certificates by 2025. The only way out of economic slump is a more educated population with higher earnings in globally more highly competitive jobs. "

Governance

BOARD CHAIR

Mr. William Hewitt

BOARD LEADERSHIP PRACTICES

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BOARD ORIENTATION & EDUCATION

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

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


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BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?