Educational Institutions

POINT FOUNDATION

  • Los Angeles, CA
  • www.pointfoundation.org

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.

Main Programs

  1. Scholarships, Mentoring, Internships and Leadership Training
  2. Multi-Level Support for LGBTQ

service areas

National

Self-reported by organization

ruling year

2001

chief executive for fy 2007

Mr. Jorge Valencia

Self-reported by organization

Keywords

Point Foundation empowers promising LGBTQ students to achieve their full academic and leadership potential to make a significant impact on society.

Self-reported by organization

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EIN

84-1582086

Also Known As

Point

Contact

Cause Area (NTEE Code)

Higher Education Institutions (B40)

Graduate, Professional(Separate Entities) (B50)

Scholarships, Student Financial Aid, Awards (B82)

IRS Filing Requirement

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

Programs + Results

How does this organization make a difference?

Impact statement

Since its inception in 2001, Point Foundation has invested more than $18 million in the education and support of over 300 scholarship recipients.  For the 2015-2016 academic year Point is supporting 85 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.

Programs

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

Self-reported by organization

Program 1

Scholarships, Mentoring, Internships and Leadership Training

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.

Category

Education, General/Other

Budget

$4,076,901.00

Population Served

Gays/Lesbians

None

None

Program 2

Multi-Level Support for LGBTQ

Financial Support, Leadership training, mentoring to LGBT youth

Category

Education, General/Other

Budget

$2,321,358.00

Population Served

Gays/Lesbians

None

None

Charting Impact

Five powerful questions that require reflection about what really matters - results.

Self-reported by organization

  1. What is the organization aiming to accomplish?
    Point Foundation is a champion for equal access to higher education for lesbian, gay, bisexual, transgender and queer (LGBTQ) students so that they can be the future leaders of society.
  2. What are the organization's key strategies for making this happen?
    Point Foundation provides LGBTQ students of merit with scholarships, mentoring, leadership development, and community service training.
  3. What are the organization's capabilities for doing this?
    Point Foundation is the nation's largest scholarship-granting organization for LGBTQ students of merit; having made over 300 scholarship awards since 2002. With the support of individuals, foundation and corporations, Point is able to provide financial assistance to LGBTQ students, pair them with a mentor who is a prominent professional in their field of study, and connect them to a supportive peer network.
  4. How will they know if they are making progress?
    The most basic measure of progress is continuing to grow the annual number of scholars Point supports while slowly growing the financial award for each scholarship recipient. Continuing to increase the ethnic, racial, gender and geographic diversity of scholarship recipients is of paramount importance (as is doing the same for Point's Boards). As the number of alumni grows with each year, an important goal is to engage alumni to volunteer with Point as scholarship application readers, serve on various committees, mentor new scholars, and are elected to be Trustees and Board members.
  5. What have and haven't they accomplished so far?
    Because Point commits to supporting scholarship recipients for their multiyear degree programs, Point has built an endowment to cover the expected scholarship funding for all its current scholars (85 for the 2015-2016 academic year). To grow the number of scholarships that can be provided, Point must continue to seek funding sources to grow its endowment and also funding for operations to grow its staff so as to be able to continue to provide accessible, hands-on support and guidance to all its scholars. A past scholarship cycle where Point supported a greater number of scholarship recipients (with, at the time, a smaller staff), proved difficult for the organization to administer and was not as rewarding an experience for our scholarship recipients. Point is committed to growing its capacity to assist LGBTQ students, as long as the quality of our programmatic assistance for each scholarship recipients is not jeopardized.

service areas

National

Self-reported by organization

Blog

The organization's Blog

Social Media

@pointfoundation

@pointfoundation

@+PointfoundationOrg/

@point-foundation

@UTubePointFoundation

@pointfoundation.tumblr.com/

@pointfoundation

Funding Needs

Direct Scholarships Named Scholarships Mentoring Program Internship Program General Operations Scholar Leadership Conferences Regional Leadership Forums

Videos

photos


External Reviews

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Financials

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

POINT 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.

POINT FOUNDATION

Leadership

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Free: Gain immediate access to the following:
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  • Forms 990 for 2015, 2015 and 2014
  • Board Chair, Board Co-Chair and Board Members
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CHIEF EXECUTIVE FOR FISCAL YEAR

Mr. Jorge Valencia

BIO

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.

STATEMENT FROM THE CEO

"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 who they are and that we believe in them.  In turn, being selected as a Point Scholar comes with the responsibility of using this opportunity to help strengthen the LGBTQ community, which is why we stress leadership as a quality applicants must exhibit and want to further develop."

Governance

BOARD CHAIR

Mr. Kevin Chase

BOARD LEADERSHIP PRACTICES

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. Self-reported by organization

Yes

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?

Yes

CEO OVERSIGHT

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

Yes

ETHICS & TRANSPARENCY

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

Yes

BOARD COMPOSITION

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

Yes

BOARD PERFORMANCE

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


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
Race & Ethnicity
Sexual Orientation