In 2015, College Futures Foundation launched the Community Philanthropy for Student Success Initiative (CPI) to engage a cohort of community foundations across California as partners and leaders in reducing statewide disparities in college completion rates. Through CPI, College Futures endeavored to build the capacity of participating foundations to (a) increase strategic need-based scholarships, (b) increase funding for strategic need-based scholarships, and (c) serve as leaders in regional efforts to eliminate inequities in college attainment rates. Prepared by the Gardner Center as the Initiative's research partner, this report summarizes the extent to which CPI reached its goals, the factors that facilitated and hindered progress, and lessons learned that could aid College Futures and other philanthropic organizations in advancing efforts to achieve equitable college completion rates.