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College Futures Foundation

Profile

Last Updated: 2016-06-22

At A Glance

College Futures Foundation

(formerly The College Access Foundation of California)

1 Front St., Ste. 1325

San Francisco, CA United States 94111-5325

Telephone: (415) 287-1800

URL: collegefutures.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Education conversion foundation
  • Organization that normally receives more than 33 1/3% of its support from contributions, etc.

Financial Data

(yr. ended 2014-12-31)

Assets: $491,484,457

Total giving: $15,786,987

EIN

942618667

BRIDGE Number

6049793098

Background

Established in 2005 in CA (created from the sale of Chela Education Financing); foundation status changed to an independent (private) foundation in 2010.

Purpose and Activities

Foundation staff and leadership believe that improving college achievement is essential to California's future, and that college success should be an option for every student. College Futures works to remove systemic and institutional barriers to college success, enabling students to access the knowledge, financial aid, and other resources they need to earn college degrees and choose their own futures. The foundation's goal is to increase the rate of bachelor's degree completion by California students who are low-income and historically underrepresented in higher education.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Student-Centered Strategy

To achieve its goal of increasing the rate of bachelor's degrees earned among student populations who are low-income and historically underrepresented in higher education, College Futures Foundation has adopted a strategy with three interrelated elements: Successful Transitions: Institutions ensure student readiness and effective transitions along the degree completion pathway, with special focus on transitions from secondary school to college, and from community college to four-year colleges and universities. For this strategy element, the foundation emphasizes supports offered to students, with particular interest in ways students are informed and enabled to make decisions regarding college going, enrollment, persistence, and success. Aligned Institutions: Regional partnerships align leaders, resources, and decision-making among high schools, colleges, and their partners to advance student progress toward bachelor's degrees. For this strategy element, the foundation is exploring regional partnership models by identifying successful inter-segmental approaches emerging at the local level, and helping to expand new regional structures that address longstanding obstacles to successful student transitions from K-12 through to a bachelor's degree. Improved Policy and Practice: Policymakers and practitioners address gaps between policies and practices at all levels affecting student success. For this strategy element, the foundation supports changes in state, educational, and institutional systems and policies that influence higher education structures, budgeting, finance, and governance to minimize or eliminate barriers to student success.

Fields of Interest

Subjects
  • Education
  • Higher education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $491,484,457 (market value)

Expenditures: $25,293,290

Total giving: $15,786,987

Qualifying distributions: $20,813,948