Nonprofit · EIN 77-0401635
FOUNDATION FOR A COLLEGE EDUCATION
Tax-exempt · MENLO PARK, CA 94025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,881,796 | $1,888,201 | -$6,405 | $5,149,797 | $920,037 | $4,229,760 |
| June 30, 2024 | 990 (amended) | $3,750,763 | $1,495,467 | $2,255,296 | $4,259,984 | $317,816 | $3,942,168 |
| June 30, 2023 | 990 | $1,393,380 | $1,273,698 | $119,682 | $1,873,434 | $186,562 | $1,686,872 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $870,875
- of which government grants
- $54,436
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $553,653
- Other revenue
- $1,010,921
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $295,725
- Other salaries and wages
- $503,798
- Salaries, compensation and benefits (total)
- $977,628
- Professional fundraising fees
- $0
- Occupancy
- $142,069
- Travel
- $51,693
- Depreciation
- $35,575
- Program services (functional)
- $1,300,375
- Management and general (functional)
- $369,770
- Fundraising (functional)
- $218,056
Balance sheet and other
- Total assets, start of year
- $4,259,984
- Total assets, end of year
- $5,149,797
- Total liabilities, end of year
- $920,037
- Net assets, end of year
- $4,229,760
- Land, buildings and equipment
- $178,678
- Publicly traded securities
- $2,779,424
- Net assets without donor restrictions
- $4,097,695
- Net assets with donor restrictions
- $132,065
- Gross receipts
- $1,939,881
- Employees
- 9
- Volunteers
- 25
- Year formed
- 1995
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH WELLS | EXEC DIRECTOR Key employee | 40 | $180,200 |
| ASRA HUSSAIN | EMPLOYEE Highest-paid employee | 40 | $115,525 |
| SHELLY WILLIG | BOARD MEMBER Trustee or director | 2 | $0 |
| JANICE BRODY | BOARD MEMBER Trustee or director | 2 | $0 |
| MARY PISHNY | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS ANDREWS | BOARD MEMBER Trustee or director | 2 | $0 |
| NICOLE RUBIN | BOARD MEMBER Trustee or director | 2 | $0 |
| JOYCE LATU-FAHAMOKIOA | BOARD MEMBER Trustee or director | 2 | $0 |
| LEIGH WINTER MARTIN | BOARD MEMBER Trustee or director | 2 | $0 |
| MARISSA MCGEE | BOARD MEMBER Trustee or director | 2 | $0 |
| RACHEL BOYCE | BOARD MEMBER Trustee or director | 2 | $0 |
| PAUL J COLLINS | BOARD MEMBER Trustee or director | 2 | $0 |
| LEILA JERE | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| PAUL RESNICK | TREASURER Trustee or director, Officer | 4 | $0 |
| DEVIN GAINES | VICE CHAIR Trustee or director, Officer | 2 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADIA JOHNSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOSE GUTIERREZ | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS OWUSU | BOARD MEMBER Trustee or director | 2 | $0 |
| JILL PARKER | BOARD MEMBER Trustee or director | 2 | $0 |
| ERIC RICHERT | BOARD MEMBER Trustee or director | 2 | $0 |
| SCOTT TAYLOR | BOARD MEMBER Trustee or director | 2 | $0 |
| EVAN WARNER | BOARD MEMBER Trustee or director | 2 | $0 |
| DONNA CHANDRA | DIR OF DEVELOPMENT Officer | 40 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Elizabeth Wells | Exec Director | 40 | $163,200 | $13,250 |
| Donna Chandra | Dir of Development | 40 | $127,500 | $13,250 |
| Shelley Willig | Board member Trustee or director | 2 | $0 | $0 |
| Janice Brody | Board member Trustee or director | 2 | $0 | $0 |
| Mary Pishny | Board member Trustee or director | 2 | $0 | $0 |
| Chris Andrews | Board member Trustee or director | 2 | $0 | $0 |
| Nicole Rubin | Board member Trustee or director | 2 | $0 | $0 |
| Joyce Latu-Fahamokioa | Board member Trustee or director | 2 | $0 | $0 |
| Leigh Winter Martin | Board member Trustee or director | 2 | $0 | $0 |
| Marissa McGee | Board member Trustee or director | 2 | $0 | $0 |
| Rachel Boyce | Board member Trustee or director | 2 | $0 | $0 |
| Paul J Collins | Board member Trustee or director | 2 | $0 | $0 |
| Leila Jere | Chairman Officer | 4 | $0 | $0 |
| Paul Resnick | Treasurer Officer | 4 | $0 | $0 |
| Devin Gaines | Vice Chair Officer | 2 | $0 | $0 |
| Nadia Johnson | Secretary Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Donna Chandra | Dir of Development | 40 | $94,230 | $5,037 |
| Elizabeth Wells | Exec Director | 40 | $80,000 | $2,497 |
| Leila Jere | Chairman Trustee or director | 4 | $0 | $0 |
| Paul Resnick | Treasurer Trustee or director | 4 | $0 | $0 |
| Devin Gaines | Vice Chair Trustee or director | 2 | $0 | $0 |
| Shelley Willig | Board member Trustee or director | 2 | $0 | $0 |
| Janice Brody | Board member Trustee or director | 2 | $0 | $0 |
| Mary Pishny | Board member Trustee or director | 2 | $0 | $0 |
| Chris Andrews | Board member Trustee or director | 2 | $0 | $0 |
| Nicole Rubin | Board member Trustee or director | 2 | $0 | $0 |
| Joyce Latu-Fahamokioa | Board member Trustee or director | 2 | $0 | $0 |
| Leigh Winter Martin | Board member Trustee or director | 2 | $0 | $0 |
| Marissa McGee | Board member Trustee or director | 2 | $0 | $0 |
| Rachel Boyce | Board member Trustee or director | 2 | $0 | $0 |
| Paul J Collins | Board member Trustee or director | 2 | $0 | $0 |
| Nadia Johnson | Secretary Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 687 BAY RD, MENLO PARK, CA 94025-2359
- Principal officer (990 for 2024)
- ELIZABETH WELLS, 1950 BAY ROAD, EAST PALO ALTO, CA 94303
- Signed the 990
- ELIZABETH WELLS, EXECUTIVE DIRECTOR
- Phone
- (650) 322-5048
- Return prepared by
- NOVOGRADAC & COMANY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0401635 or by the name FOUNDATION FOR A COLLEGE EDUCATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
FCE'S MISSION IS TO INCREASE THE NUMBER OF FIRST-GENERATION, LOW-INCOME STUDENTS OF COLOR FROM EAST PALO ALTO, CA AND SURROUNDING COMMUNITIES WHO GRADUATE WITH A DEGREE FROM A FOUR-YEAR COLLEGE OR UNIVERSITY. FCE WAS FOUNDED OUT OF A DESIRE TO IMPROVE THE SOCIAL AND ECONCOMIC CONDITIONS OF EAST PALO RESIDENTS. FCE'S BELIEF WAS EDUCATION IS A POWREFUL TOOL FOR THE INDIVIDUAL, FAMILY AND COMMUNITY.
Program accomplishments
- COLLEGE BOUND PROGRAMBELIEVING THAT HIGH EXPECTATIONS LEAD TO HIGH ACHIEVEMENT, FCE HAS DEVELOPED A PROGRAM THAT ENCOURAGES LOW-INCOME STUDENTS TO PURSUE ADVANCED ACADEMIC WORK, SO THEY ARE PREPARED TO SUCCEED IN COLLEGE. UNDER THE COLLEGE BOUND PROGRAM, STUDENTS RECEIVE TUTORING, LEADERSHIP DEVELOPMENT, COLLEGE PLANNING AND COUNSELING, PLUS FINANCIAL AID, AND SCHOLARSHIP APPLICATION GUIDANCE. ONE HUNDRED PERCENT OF FCE'S STUDENTS GRADUATE FROM HIGH SCHOOL AND ENROLL IN POST-SECONDARY INSTITUTIONS. EIGHTY-EIGHT PERCENT OF THEM COMPLETE COLLEGE WITHIN SIX YEARS. FCE HELPS STUDENTS DEVELOP THE ACADEMIC SKILLS AND SELF-CONFIDENCE TO SUCCEED IN COLLEGE AND BEYOND.Expenses $664,567
- COLLEGE SUCCESS PROGRAMRECOGNIZING THAT GETTING STUDENTS INTO COLLEGE IS ONLY THE FIRST STEP, FCE CONTINUES TO SUPPORT THEM THROUGH COLLEGE TO ENSURE THAT THEY GRADUATE WITH A BACHELOR'S DEGREE OR HIGHER. THE COLLEGE SUCCESS PROGRAM PROVIDES STUDENTS WITH MENTORING, SUMMER INTERNSHIP OPPORTUNITIES, CAREER COUNSELING AND LEADERSHIP DEVELOPMENT WORKSHOPS TO ENSURE THAT THEY COMPLETE THEIR UNDERGRADUATE EDUCATION.Expenses $307,122
- COLLEGE SCHOLARSHIP PROGRAMTHE COLLEGE SCHOLARSHIP PROGRAM OFFERS COMPETITIVE SCHOLARSHIPS TO HELP OFFSET THE COSTS ASSOCIATED WITH FUNDING A COLLEGE EDUCATION. SCHOLARSHIPS, WHICH ARE FUNDED BY INDIVIDUAL AND FOUNDATION DONORS, PLAY A KEY ROLE IN ENSURING THAT LOW-INCOME STUDENTS COMPLETE COLLEGE WITHIN SIX YEARS.Expenses $228,134
- OTHER PROGRAM SERVICES DESCRIPTIONMETA SUMMER ACADEMY PROGRAMTHE META SUMMER ACADEMY PROGRAM PROVIDES EXTERNS THE OPPORTUNITY TO LEARN ABOUT THE DAY-TO-DAY OPERATIONS OF ONE OF THE WORLD'S LEADING SOCIAL MEDIA NETWORKS BY BEING PART OF A DYNAMIC WORKFORCE. EXTERNS WORK CLOSELY WITH META'S MENTORS IN THEIR RESPECTIVE CAPACITIES TO GAIN REAL-WORLD WORK EXPERIENCE AND ON-THE-JOB SKILLS THAT WILL HELP PROPEL THEM INTO SUCCESSFUL CAREERS. THE PROGRAM'S GOAL IS TO INSPIRE AND MOTIVATE YOUNG PEOPLE TO ACHIEVE ECONOMIC SUCCESS, STABILITY, AND MOBILITY THROUGH SKILLS DEVELOPMENT AND EARLY CAREER EXPLORATION IN THE TECH INDUSTRY.STUDENT AND FAMILY EVENTSFCE BRINGS THEIR ENTIRE COMMUNITY OF STAFF, FAMILIES AND STUDENTS TOGETHER TO MEET EACH OTHER AND CELEBRATE THE SUCCESSES OF THE STUDENTS SUPPORTED BY THE PROGRAMS OFFERED. THESE EVENTS ALSO INCLUDE COMMUNITY PARTNERS, DONORS AND ALUMS THAT BUILD SUPPORT FOR THE ORGANIZATION AND TAKE GREAT PRIDE IN ITS IMPACT ON THE COMMUNITY.Expenses $100,552
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0401635
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $5,149,797
- Income (IRS master file)
- $1,939,881
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,881,796 | $1,888,201 | $5,149,797 | IRS |
| 990 | June 2024 | $3,750,763 | $1,495,467 | $4,259,984 | XML |
| 990 | June 2023 | $1,393,380 | $1,273,698 | $1,873,434 | XML |
| 990 | June 2022 | $1,483,171 | $1,309,183 | $1,740,103 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 77-0401635).
Questions about FOUNDATION FOR A COLLEGE EDUCATION
- What is the EIN of FOUNDATION FOR A COLLEGE EDUCATION?
- The employer identification number (EIN) of FOUNDATION FOR A COLLEGE EDUCATION is 77-0401635.
- Is FOUNDATION FOR A COLLEGE EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FOUNDATION FOR A COLLEGE EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR A COLLEGE EDUCATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDATION FOR A COLLEGE EDUCATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR A COLLEGE EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FOUNDATION FOR A COLLEGE EDUCATION?
- The 990 for the year ended June 30, 2025 names ELIZABETH WELLS.
- Who are the officers and directors of FOUNDATION FOR A COLLEGE EDUCATION?
- The 990 for the year ended June 30, 2025 lists 23 people; 2 received compensation from the organization, the highest $180,200 (ELIZABETH WELLS, EXEC DIRECTOR).
- How much revenue does FOUNDATION FOR A COLLEGE EDUCATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,881,796, expenses of $1,888,201 and total assets of $5,149,797 at year end.
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