The College of the Canyons Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The College of the Canyons (COC) Foundation is a 501(c)(3) non-profit auxiliary organization formed to generate philanthropic support for College of the Canyons. The Foundation is governed by a Board of Directors who are an enthusiastic and committed group of volunteer business and community leaders who donate their time, resources and energy to positively impact educational access in the Santa Clarita Valley. The board's mission is to provide an affordable and accessible college education for all having the desire to succeed.
- Income
- $1.4 million
- Spending
- $1.0 million
- Spent on programs
- 85%
- Reserves
- 3.7 months of spending
- Largest source of income
- donations and private grants, 87%
- Employees
- 1
- Volunteers
- 27
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: 80 out of 100.
Reserves
20 of 35Spendable reserves would cover 3.7 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
10 of 15Income fell 10% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 10 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.
Independent board
25 of 2533 of 33 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.
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 (2)
- $512,475 spent. To provide scholarships to students of the Santa Clarita Community College District. During the fiscal year, 554 students received scholarships.
- $358,308 spent. To provide supplemental funds for the educational programs of the Santa Clarita Community College District. During the fiscal year, this included:* Supported academic and college programs such as Athletic Hall of Fame, Auto Technology, Career Services, Culinary Arts, Culinary Education Fund for Excellence, Fire Academy, Football, INSPIRE Scholars, Medical Lab Tech, and Patrons of the Arts just to name a few* Enhanced business partnerships that contribute to Employee Training contract education revenues* Enhanced long term support for the Arts as the Foundation builds the Performing Arts Endowment* Provided ongoing support to faculty through the mini-grant program to fund innovation and entrepreneurial projects
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 May 1966.
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.