Financial Statements

• 2023-2024 Fiscal Year Financial Statements
• 2022-2023 Fiscal Year Financial Statements
• 2021-2022 Fiscal Year Financial Statements
• 2020-2021 Fiscal Year Financial Statements
• 2019-2020 Fiscal Year Financial Statements
• 2018-2019 Fiscal Year Financial Statement
• 2017-2018 Fiscal Year Financial Statement
• 2016-2017 Fiscal Year Financial Statement
• 2015-2016 Fiscal Year Financial Statement
• 2014-2015 Fiscal Year Financial Statement
• 2013-2014 Fiscal Year Financial Statement

The Committee believes that the investment policies described in this Policy Statement should be dynamic. These policies should reflect the Foundation’s current financial status, and the Committee’s philosophy regarding the investment of assets. These policies should be reviewed by the Committee periodically and revised as necessary to ensure that they continue to reflect the current financial situation of the Foundation and the capital markets.

View or download the full Investment Policy.

A scaled gift fee of 5%, 3%, 2% and 1% is assessed on all program gifts administered by the Foundation. This fee may change through College of the Desert Foundations policies and procedures as they exist from time to time. For further information please refer to the College of the Desert Foundations Sustainability Policy.

Donor Rights

Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have these rights:

This Policy Statement, upon the review and approval of the Investment Committee, does the following:

1. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and its capacity to use donations effectively for their intended purposes.
2. To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
3. To have access to the organization’s most recent financial statements.
4. To be assured their gifts will be used for the purposes for which they were given.
5. To receive appropriate acknowledgement and recognition.
6. To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
7. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.
8. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.
9. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.

Thank you for your support of the College and the work of the Foundation.