Our Story
In May 1984, Mendocino College President Dr. Lee Lowery and education advocates Sybil Hinkle and Gabrielle Thomas met for the first time as Directors of the newly formed non-profit corporation Mendocino College Foundation, Inc. Their first order of business was to raise funds for book awards to help students in need. That tradition continues with our current Board—a dedicated team of volunteer community and business leaders who are passionate about student success.
Dedicated to the Legacy of Learning
mission
vision
values
Giving: Personal giving and in providing opportunities for anyone to share our passion for student success and fulfill their legacy of giving.
Stewardship: Building healthy and trusting relationships that respect donor wishes and ensure effective stewardship of our endowments.
Community: Engaging our communities in supporting the students of Mendocino College. We believe that through partnerships, we will develop healthy and enriched communities.
Financials
statement of financial position
Year ending June 30, 2022
assets
| Cash and cash equivalents | $94,969 |
| Investments | $9,414,645 |
| Receivables | $8,713 |
| Assets held by others | $203,579 |
| Notes receivable | – |
| Other assets | – |
| Land | $1,104,370 |
| Infrastructure | $33,278 |
| Total Assets | $10,826,276 |
liabilities & net assets
liabilities
| Accounts payable | $25,027 |
| Deferred revenue | – |
| Total Liabilities | $25,027 |
net assets
| Net assets without donor restrictions | $6,865,830 |
| Net assets with donor restrictions | $3,935,419 |
| Total Net Assets | $10,801,249 |
| Total Liabilities and Net Assets | $10,826,276 |