Gateway Technical College Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE GATEWAY TECHNICAL COLLEGE FOUNDATION SUPPORTS THE MISSION OF THE COLLEGE BY RAISING COMMUNITY AWARENESS AND FINANCIAL RESOURCES, BROADENING ITS BASE OF SUPPORT AND PROVIDING PROGRAMS SUCH AS SCHOLARSHIPS, GRANTS AND FUNDS FOR EDUCATIONAL GROWTH. THE FOUNDATION WILL ENHANCE THE COLLEGE'S TRADITION OF EXCELLENCE BY BEING RESPONSIVE TO ITS NEEDS AND STRENGTHENING THE VITALITY AND WELL-BEING OF THE DIVERSE COMMUNITIES IT SERVES.
- Income
- $2.4 million
- Spending
- $2.5 million
- Spent on programs
- 91%
- Reserves
- 6.9 months of spending
- Largest source of income
- investment income, 58%
- Employees
- 0
- Volunteers
- 45
- Highest pay
- $94,902, charpentier
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: 81 out of 100.
Reserves
28 of 35Spendable reserves would cover 6.9 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
8 of 15Spending exceeded income by 5% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 6 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: 95 out of 100.
Independent board
25 of 2516 of 16 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
0 of 5Reports no independent review process for its chief executive's pay.
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 (4)
- $1.6 million spent. BUILDING AND CAPITAL FUNDING GRANTED TO THE COLLEGE, INCLUDING ACTIVITIES LIKE COMPLETING THE LAW ENFORCEMENT SIM CITY GARAGE CONSTRUCTION, STEM 101 CUSTOMIZED HEALTH CAREER KITS TO PROMOTE HEALTH CAREERS WITH FUTURE GATEWAY STUDENTS THROUGH HIGH SCHOOL PARTNERS, AND COLLEGE CAREER EXPLORATION EVENTS.
- $658,642 spent. GRANTS AND SCHOLARSHIPS AWARDED TO STUDENTS ATTENDING GATEWAY TECHNICAL COLLEGE TO FURTHER THEIR EDUCATION AND SUPPORT TO FURTHER THE EDUCATIONAL MISSION OF THE COLLEGE. GENEROUS DONORS MADE IT POSSIBLE FOR MORE THAN 670 STUDENTS TO PURSUE THEIR EDUCATIONAL DREAMS AND FUEL THE LOCAL TALENT PIPELINE.
- $4,789 spent. FOOD FOR THOUGHT - THIS REFERRAL BASED PROGRAM CONNECTS STUDENTS WITH RESOURCES ON CAMPUS AND IN THE COMMUNITY TO ENSURE THEY HAVE WHAT THEY NEED TO SUCCEED, SUCH AS AN EMERGENCY GROCERY STORE GIFT CARD. TO ACCESS THE PROGRAM, STUDENTS MUST MEET WITH A FINANCIAL AID SPECIALIST OR STUDENT SUPPORT COUNSELOR ON THEIR CAMPUS.
- $2,077 spent. FRESH START TO FINISH - THIS PROGRAM OFFERS A PRIOR DEBT FORGIVNESS FOR QUALIFIED STUDENTS TO REDUCE THIS FINANCIAL BARRIER TO STUDENT SUCCESS.
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1978.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.