| Formation | 2001 |
|---|---|
| Legal status | 501(c)(3) nonprofit organization |
| Purpose | Scholarship funding for lesbian, gay, bisexual, transgender, queer, and ally students in higher education |
| Headquarters | Los Angeles, California |
Executive Director | Jorge Valencia |
| Website | https://www.pointfoundation.org/ |
Point Foundation is a scholarship fund that provides financial aid for lesbian, gay, bisexual, transgender, queer, and ally college bound students in the United States. Founded in 2001, the overall mission of this organization to give these individuals the opportunity to receive the resources that they need to become pillars in society. [1] [2]
The foundation's mission statement is: "Point Foundation supports the educational aspirations of LGBTQ+ and ally students to become impactful leaders in their lives, careers, and communities." [3]
Since 2002, Point has offered its Flagship Scholarship for LGBTQ+ and ally students pursuing undergraduate, graduate, and doctoral degrees in the United States. The award is renewable for up to four years. [4]
In 2016, Point initiated a new Community College Scholarship Program, a one-year transformative experience offering academic and personal development for community college students as they plan to transfer to a four-year institution. Wells Fargo funded the inaugural year of the program which assisted 11 students. [5] Students accepted into the program will receive $2,400 per semester or $4,800 per academic year scholarship, admissions counseling, coaching, and financial education. [6]
The Point Foundation Access Scholarship aims to mitigate obstacles for LGBTQ+ and ally students from backgrounds that have traditionally faced limited access to opportunities by providing them with financial support and access to leadership and professional development. [7]