Palomar College Foundation

Tax-deductible

San Marcos, CA501(c)(3)Since 1959Colleges & UniversitiesEIN 95-6094128Revenue $2.3M in FY2025

On file with the IRSpalomar.edu/foundation1140 W Mission Rd, 92069-1415 · San Marcos, CATax-exempt since Dec 1963Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

The Palomar College Foundation, with the support of the community, secures supplemental funding, other resources, and provides program support for the benefit of Palomar community College and its students.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.8M a year · 67% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $341K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$24K
0.07% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+22% vs prior year
Spent
$2.3M
To programs
93%
Net assets
$34.0M
By yearFY2020–FY2025
Revenue
$2.3M
FY2025▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.2M
FY2021$4.3M
FY2022$12.0M
FY2023$1.7M
FY2024$1.9M
FY2025$2.3M
Expenses
$2.3M
FY2025▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$946K
FY2022$1.2M
FY2023$1.0M
FY2024$1.9M
FY2025$2.3M
Net assets
$34.0M
FY2025▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.8M
FY2021$16.1M
FY2022$24.0M
FY2023$27.2M
FY2024$30.0M
FY2025$34.0M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1963.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $2.1M Management & general 5% · $124K Fundraising 2% · $35K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Development Manager
$0Pt VII · Sec A
Development Officer
$0Pt VII · Sec A
Foundation Accountant
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair-Elect
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Palomar College Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Raises funds and resources to support the community college and its students.

Questions for Palomar College Foundation

Tap to ask. Palomar College Foundation sees how many people are interested.

Your first name shows with your question. Palomar College Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.1M · in their own filed words · FY2025
01

Grants, allocations, and scholarships for the benefit of the students at palomar community college

$2.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 9 grants · $5.8M · 2020–2025
Unitemized GrantFY2025$484,020
Unitemized GrantFY2024$326,330
Unitemized GrantFY2023$789,570
Unitemized GrantFY2022$972,165
Unitemized GrantFY2021$772,180
Unitemized GrantFY2020$986,622

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$796K
Other incomeLn 4–11$137K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.1M
Managementcol C$124K
Fundraisingcol D$35K
Owns and owesPt X
$34.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$34.0M
LiabilitiesLn 26$24K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$107K
Investment incomeLn 3$796K
Other incomeLn 4–11$137K
Gains on assetsLn 7$0
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$239K
SavingsLn 2$1.5M
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$32.1M
Land, buildings, equipmentLn 10c$99
Other assetsLn 15$15K
Total assetsLn 16$34.0M
LiabilitiesLn 26$24K
Net assetsLn 32$34.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.8M$1.8M
InvestmentsLn 11–13$27.9M$32.1M
Land, buildings, equipmentLn 10c$230$99
Total assetsLn 16$30.0M$34.0M
LiabilitiesLn 26$20K$24K
Net assetsLn 32$30.0M$34.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$695K$695K
Grants to domestic individualsLn 2$484K$484K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$36K$36K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$20K$20K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$103K$103K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$7K$7K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$23K$23K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$885K$826K$26K$33K
All other expensesLn 24e$5K$3K$2K
Total functional expensesLn 25$2.3M$2.1M$124K$35K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.3M$2.3M−$7K$34.0M 990 PDF
FY2024 $1.9M$1.9M−$70K$30.0M 990 PDF
FY2023 $1.7M$1.0M$635K$27.2M 990 PDF
FY2022 $12.0M$1.2M$10.9M$24.0M 990 PDF
FY2021 $4.3M$946K$3.4M$16.1M 990 PDF
FY2020 $3.2M$1.1M$2.1M$11.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $2,260,354 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,082,940$1,327,578
I-9 Program service revenue$0
I-10 Investment incomePrior year $579,691$795,982
I-11 Other revenuePrior year $194,330$136,794
I-12 Total revenuePrior year $1,856,961$2,260,354
I-13 Grants and similar amounts paidPrior year $1,037,202$1,179,297
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $13,917$36,013
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $875,488$1,051,976
I-18 Total expensesPrior year $1,926,607$2,267,286
I-19 Revenue less expensesPrior year −$69,646−$6,932
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,260,354 across 9 lines filed
VIII-1e Government grants$106,836
VIII-1f All other contributions, gifts and grants$1,220,742
VIII-1h Total contributions, gifts and grants$1,327,578
VIII-3 Investment incomeExcluded from tax $795,982$795,982
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$136,794
VIII-12 Total revenueExcluded from tax $795,982$2,260,354
Part IX · Statement of functional expenses $2,267,286 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $695,277$695,277
IX-2 Grants to domestic individualsPrograms $484,020$484,020
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $36,013$36,013
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $20,290$20,290
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesPrograms $103,209$103,209
IX-11g Other fees for services$0
IX-12 Advertising and promotionManagement $1,550$1,550
IX-13 Office expensesManagement $1,984$1,984
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $6,711$6,711
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $23,174$23,174
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $5,147$5,147
IX-24 Other expenses (24a–d)Programs $825,853 · Management $25,790 · Fundraising $33,036$884,679
IX-24e All other expensesManagement $2,859 · Fundraising $2,373$5,232
IX-25 Total functional expensesPrograms $2,108,359 · Management $123,518 · Fundraising $35,409$2,267,286
Part X · Balance sheet $33,998,351 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $250,665$239,301
X-2 Savings and temporary cash investmentsStart of year $1,598,540$1,533,908
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $180,379$73,237
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $230$99
X-11 Publicly traded securitiesStart of year $27,938,211$32,136,473
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $6,372$15,333
X-16 Total assetsStart of year $29,974,397$33,998,351
X-17 Accounts payable and accrued expensesStart of year $4,234$15,151
X-25 Other liabilitiesStart of year $15,812$9,111
X-26 Total liabilitiesStart of year $20,046$24,262
X-27 Net assets without donor restrictionsStart of year $3,338,672$4,325,371
X-28 Net assets with donor restrictionsStart of year $26,615,679$29,648,718
X-32 Total net assets or fund balancesStart of year $29,954,351$33,974,089
X-33 Total liabilities and net assetsStart of year $29,974,397$33,998,351
Part XI · Reconciliation of net assets $33,974,089 net assets at year end
XI-1 Total revenue$2,260,354
XI-2 Total expenses$2,267,286
XI-3 Revenue less expenses−$6,932
XI-4 Net assets at start of year$29,954,351
XI-5 Net unrealized gains (losses) on investments$3,175,648
XI-6 Donated services and use of facilities$851,022
XI-10 Net assets at end of year$33,974,089

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.