SILVER2024

Reynaldo J Carreon M D Foundation

Empowering Mexican American Youth through Education

Palm Desert, CA   |  www.carreonfoundation.org

Mission

The late Dr. Reynaldo J. Carreón established the Foundation in 1991, to enable Americans of Mexican ancestry to become the best they can through education. With the leadership of a committed volunteer Board of Directors, the Foundation continues to dedicate efforts and resources to carry out Dr. Carreón vision of "helping the Mexican American Communities of the Coachella Valley".

Ruling year info

1996

Executive Director

Mr. Ricardo Loretta

Main address

41550 Eclectic St

Palm Desert, CA 92260 USA

Show more contact info

EIN

33-0426210

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

IRS filing requirement

This organization is required to file an IRS Form 990-PF.

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Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholarship program

The Carreon Foundation was established in 1951 by a philanthropic opthamologist, Dr. Reynaldo J. Carreon for the purpose of assisting qualified but poor youth of Mexican-American origin in the Coachella Valley to achieve their dream of a bright future through education.
Celebrating 30 years in 2022, the agency has awarded more than $1.7 million in scholarships to more than 700 deserving students in the Coachella Valley and Blythe. Awards are made to high school seniors entering college for the first time, as well as currently enrolled college students who require help in completing their studies. The scholarships range from $1,000 to $5,000.
The scholarship application submission process opens annually in January with submissions due by March 31. The agency focuses on the following areas in reviewing applications: education, leadership, community involvement, and pride in Mexican-American cultural heritage. In 2021 a record breaking 74 scholarships were awarded.

Population(s) Served
Young adults
Adolescents
People of Latin American descent
Low-income people
Immigrants and migrants

Where we work

Financials

Reynaldo J Carreon M D Foundation
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Reynaldo J Carreon M D Foundation

Board of directors
as of 06/17/2024
SOURCE: Self-reported by organization
Board chair

Mr. John Henry Garcia

John Henry Insurance Services

Term: 2022 - 2023

John Pena

Owner, Insurance Company

Marcelino Maldonado

General Manager/Auto Dealer

Carmen Contreras

State Farm Insurance

Shayna Hernandez

Riverside County Desert Recreation District

Kevin Mayo

Bank of the West, Senior Private Client Advisor

Daniel Porras

Director of Public Works, City of Desert Hot Springs

Karina Quintanilla

Palm Desert City Council member

Jacqueline Lopez

District Director, Raul Ruiz, 36th Congressional District

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 4/3/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Male

Race & ethnicity

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 04/03/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.