Peninsula College Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PCF assists low-income, underserved and often over-looked first-generation college students from the mid-peninsula in their quest to graduate, and assists them to achieve their educational and career goals.
- Income
- $2.1 million
- Spending
- $2.7 million
- Spent on programs
- 72%
- Reserves
- 10.1 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 21
- Volunteers
- 500
- Highest pay
- $176,644, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 73 out of 100. Higher than 57% of charities in its peer group (education, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 10.1 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 30% of income.
Income trend
10 of 15Income fell 0% on the year before.
Spending floor
15 of 1572% of spending went to programs and raising each dollar of donations cost 28 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2520 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.0 million spent. Scholarships - provide college scholarships for talented and motivated low-income, first-generation college students. The average scholarship is $12,000 per student ($3,000) per year for 4 years). Scholarship funds are used to pay tuition and fees, books, or other incidental expenses. Mentoring - provide trained and skilled one-to-one adult mentors to each scholar to give the advice, role modeling and relationships necessary to succeed in college and prepare for post college careers. Each mentor commits to mentoring a scholar from freshman year to college graduation. As the first in their family to attend college, PCF scholars gain particular value from the guidance that successful mentors can provide. College and career success training - provide targeted and intensive college and career support workshops and individualized assistance to our scholars to enable them to maximize their growth during college and graduate from college prepared to launch their careers.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.