Educational Institutions

Valencia College Foundation Inc.

Updated in partnership with The Central Florida Foundation

Quick Facts

Orlando, FL

Mission

Valencia College Foundation’s mission is to enhance learning, workforce training and economic development in Central Florida through the support of scholarships, teaching chairs, programs and capital projects for Valencia College. One hundred percent of gift goes to the donors intended purpose.

Ruling Year

1976

Principal Officer

Geraldine Gallagher, CFRE

Main Address

1768 Park Center Drive

Orlando, FL 32835 USA

Keywords

take stock in children, Valencia Promise, education, workforce development,arts, peace and justice, study abroad

EIN

23-7442785

 Number

4485335441

Cause Area (NTEE Code)

Single Organization Support (B11)

Scholarships, Student Financial Aid, Awards (B82)

Community/Junior College (B41)

IRS Filing Requirement

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

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Programs + Results

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Our programs

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

SOURCE: Self-reported by organization

Scholarships

Valencia Horizon Scholars Program Scholarships

First Generation Scholarships

Got College? Scholarship Endowment

Valencia Global Scholars Endowment

The Seneff Honors College Scholarship Endowment

STEM Undergraduate Research Endowment

Dreamer Scholarships

Valencia College School of Arts and Entertainment

Accelerated Skills Training Program Scholarships

Valencia College Peace and Justice Institute

Innovation in Teaching and Learning Fellowships

Endowed Chairs for Learning Leadership

Where we workNew!

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Charting Impact

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

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have and haven't they accomplished so far?

As the inaugural winner of the Aspen Prize for Community College Excellence, Valencia College is the nation’s premier community college. Valencia’s annual enrollment is more than 74,000 at eight campus locations in Orange and Osceola counties. To ensure a focus on inclusive excellence and individual student success, the average class size is 22.8 students. Approximately 35% of students are enrolled full-time and 64% part-time. Access and inclusive excellence are the guiding priorities for all Valencia programs and are supported by Valencia College Foundation. Thanks to the generosity of alumni and our community partners, Valencia College Foundation has one of the country’s largest community college endowments at $74.5 million. Last fiscal year, the foundation disbursed $3.9 million including $2.3 million in scholarships and $1.3 million for endowed faculty chairs and college programs. The foundation has achieved a 98% disbursement rate for scholarships. Valencia Foundation is in the silent phase of The Valencia Promise campaign to raise $30 million to: make education affordable and accessible by breaking down barriers; grow our community’s economy by enhancing and expanding signature programs; lead individuals into high-wage jobs by training for high-demand careers; and innovate learning by fostering collaboration and experimentation.The funding priorities of The Valencia Promise Campaign are listed under the "Programs" section.  

When students enroll at Valencia College, we make them a simple promise: to help them fully develop their promise, so they can achieve their goals. It's our purpose and our privilege to make this commitment today and every day. After all, Valencia's students are the promise of tomorrow.Through The Valencia Promise Campaign, we will raise $30 million to fund four pillars of promise:1. Make education affordable and accessible by breaking down barriers.2. Grow our community's economy by enhancing and expanding Valencia's signature programs.3. Lead individual's into high-wage jobs by training for high-demand careers. 4. Innovate learning by fostering collaboration and experimentation. Please see the "Programs" section for specific funding priorities of The Valencia Campaign.  

100 percent of every dollar given to Valencia College Foundation goes directly to its intended purpose, with never even a single penny used for overhead or any other expenses. This is possible because revenue from foundation-owned property supports the operating budget, allowing donors full confidence that their investment is well stewarded.Proposals are sent to various funders and grant-making organizations throughout the year to help support the foundation’s scholarship efforts.Additionally, grant support helps sustain the Valencia Horizon Scholars program.And while the foundation does not rely on a number of special events to raise funds, we do host a signature event approximately every 18 months, Taste for Learning. One reason this event is unique is because 100 percent of all proceeds goes directly to the intended purpose. The last Taste event took place in May 2017. In all, the Taste events have raised a total of $2.8 million for educational support.The foundation has a staff of 13 including a recently added chief philanthropy officer to expand development initiatives to support the college's growth. Both the foundation CEO and the college president have a gift of friend-raising, creating a culture where giving is a natural extension of the relationship built with the college.

Each year, the foundation measures its success in disbursing scholarships and awarding endowed faculty chairs and academic programs against the previous fiscal year. During 2017/2018, program services made up 68 percent of total disbursements, and included scholarships, endowed faculty chairs and academic program support. Student scholarship support continues to be the largest area of program services with 57 percent or $2.47 million of the total disbursed, which includes expenditures of $300,000 awarded to 3,000 students as part of the college Summer Enrollment Initiative. The purpose of the initiative was to increase enrollment in certain math and English courses during the 2017 term. Additionally, the foundation disbursed more than $200,000 for Florida prepaid tuition scholarships. This activity reflects students who previously completed the Valencia Horizon Scholars program and used their prepaid scholarships during the year for college tuition. Other scholarship opportunities funded by the foundation including $50,000 to 50 students as part of the college's 50th Anniversary and more than $49,000 for students in the Accelerated Skills Training program. Overall, more than 5,100 students received scholarship support from the foundation during the fiscal year. The foundation disbursed over $1 million for academic program funding during the fiscal year. This included $465,000 to assist college efforts to expand the nursing program and increase enrollment capacity. Other college programs the foundation supported during the year include Take Stock in Children for $230,000, Peace and Justice Institute for $93,000. Art of Tomorrow for $39,000 and funding to purchase a Steinway piano for the new Film, Sound and Music Technology building. The foundation will help fund scholarships for new non-academic programs that provide rapid skills training and credentials in key areas, such as manufacturing, construction and transportation. 

Although tuition at Valencia College is among the most affordable in the nation, many of our students face significant financial challenges that create barriers to entering and completing college. For this reason, raising funds for scholarships remains a priority.Last fiscal year, 98 percent of all endowed scholarships were awarded, a long-sought goal and a remarkable achievement. In 2017-18, the foundation disbursed $3.9 million, including $2.3 million for scholarships, and is set to exceed those numbers this year.​ Through payroll deduction and annual gifts, hundreds of Valencia employees contribute, alongside community volunteers, to make scholarships possible. In addition, one of the most neglected segments of the workforce is the unskilled, unemployed or underemployed worker. And in Central Florida, where about 28% of adults over the age of 25 have only a high school diploma and where another 20% have taken some college classes but have no degree, we believe there’s a large population that can benefit from short-term training that will provide an entry point into good-paying jobs. Valencia College has already experienced great success in offering such training in two areas of the Central Florida economy with proven skill shortages: advanced manufacturing and construction. We plan to build on this success in additional areas. The Valencia Promise Campaign will provide funding to support growth in scholarship and program support needs like these to build our students and our community.  Specific funding priorities of the campaign are listed under the "Programs" section.        

External Reviews

Affiliations & Memberships

AFP (Association of Fundraising Professionals)

Council for Advancement and Support of Education (CASE)

Financials

Valencia College Foundation Inc.

Fiscal year: Apr 01 - Mar 31

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Need more info on this nonprofit?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2017
A Pro report is also available for this organization for $125.
Click here to view a Sample Report.

Operations

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

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2017
A Pro report is also available for this organization for $125.
Click here to see what's included.

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.

SOURCE: Self-reported by organization

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?

Not Applicable

CEO OVERSIGHT

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

Not Applicable

ETHICS & TRANSPARENCY

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

Not Applicable

BOARD COMPOSITION

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

Not Applicable

BOARD PERFORMANCE

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

Not Applicable