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CHARITY REVIEW
Issued: June 2026 Expires: June 2028

Point Foundation

Accredited Charity
Accredited Charity

Meets Standards
(833) 887-6462
6230 Wilshire Boulevard, Suite 890
Los Angeles, CA, 90048
https://pointfoundation.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Point Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to support the educational aspirations of LGBTQ+ and ally students to become impactful leaders in their lives, careers, and communities."

Year, State Incorporated:
2001, CO

Point Foundation (Point) reports that it offers scholarships and mentorship programs for LGBTQ+ and ally students pursuing postsecondary education. Point states that it provides leadership and career development opportunities and community-building programs to college students from around the world attending accredited colleges, universities, and vocational programs in the United States. The organization currently awards four types of scholarships: the Flagship Scholarship, Community College Scholarship, Access Scholarship, and Persistence Scholarship. Additionally, Point states that its candidates have access to its national network of peers, alumni, donors, and volunteers. The organization reports that it supported 739 scholarship recipients for the 2024-2025 academic year.

For the year ended June 30, 2025, Point Foundation's program expenses were:

Scholarship and scholar support $3,919,232
Leadership conferences and training $1,819,526
Scholar selections $666,655
Total Program Expenses $6,405,413

Chief Executive
Jorge Valencia, Executive Director and Chief Executive Officer

Compensation*
$379,030

Chair of the Board
Peter Lichtenthal and Ben Harman

Chair's Profession / Business Affiliation
Global Brand President, Estée Lauder Companies; and Chief of Staff, Owl Labs

Board Size
28

Paid Staff Size
20

*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Membership appeals

Fundraising costs were 7% of related contributions. (Related contributions, which totaled $8,257,201, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Point Foundation's audited financial statements for the year ended June 30, 2025.

Source of Funds
Contributions $5,458,787
Bequests $2,634,671
Investment return, net $1,661,677
In-kind contributions $133,217
Special events, net $30,526
Total Income $9,918,878

Programs: 85% Fundraising: 8% Administrative: 7%

Total Income $9,918,878
Total expenses: $7,560,037
  Program expenses $6,405,413
  Fundraising expenses $592,386
  Administrative expenses $562,238
  Other expenses $0
Income in Excess of Expenses $2,358,841
Beginning Net Assets $23,596,633
Other Changes In Net Assets $-92,776
Ending Net Assets $25,862,698
Total Liabilities $625,036
Total Assets $26,487,734

Note 1: As noted in the above financial section, "other changes in net assets" refers to a loss on write-off of uncollectable pledges receivable.

Note 2: According to the organization's audited financial statements for the year ended June 30, 2025, Point received in-kind contributions totaling $133,217 in the form of professional fees and consultant services.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance