About
Point Foundation is the national LGBTQ scholarship fund, a 501(c)(3) nonprofit headquartered in Los Angeles, California, that empowers LGBTQ+ and ally students to achieve their academic and leadership potential. Founded in 2001, Point provides scholarships, mentorship, and community support, and reports having invested $60 million in LGBTQ+ and ally students over its first 21 years.
Mission
Point Foundation supports LGBTQ+ and ally students in achieving higher education and reaching their leadership potential through scholarships, mentorship, and community support.
What they do
- Flagship Scholarship: Point's signature multi-year scholarship for LGBTQ+ students at four-year and graduate institutions, paired with mentorship and leadership development.
- Community College Scholarship: support for LGBTQ+ students at community colleges; Point reports that 64% of its Community College Scholars transferred to four-year institutions, double the national average.
- Access Scholarship: financial support to help more LGBTQ+ students access higher education.
- Internship and Professional Development Award: funding that helps scholars pursue internships and career development opportunities.
Scale and impact
Figures published by the organization:
- 1,250 scholars currently supported.
- $60 million invested in LGBTQ+ and ally students over 21 years.
- 57% of Point scholars are first-generation college students.
Financials
Per its IRS Form 990 data on ProPublica Nonprofit Explorer (fiscal year ending June 2025), Point Foundation reported total revenue of $9,129,129, total expenses of $7,443,481, and net assets of $25,862,698. The organization (EIN 84-1582086) received its federal tax exemption in November 2001 and is classified under Scholarships, Student Financial Aid Services, and Awards.
