2024-05-14T16:04:55-05:00 2023-06-30 951777440 GREEN HASSON & JANKS LLP 700 S FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2022-07-01 956047779 THE SANTA MONICA COLLEGE FOUNDATION SANT 3104344215 1900 PICO BOULEVARD SANTA MONICA CA 90405 ELIZABETH A MOORE CEO/PRESIDENT 3104344215 2024-04-17 1 ELIZABETH MOORE 999009999 1 LIZBETH G NEVAREZ P01399868 3108731600 2024-04-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELIZABETH A MOORE 1900 PICO BOULEVARD SANTA MONICA CA 90405 14148193 0 X WWW.SANTAMONICACOLLEGEFOUNDATION.ORG X 1956 CA PROVIDE SCHOLARSHIPS TO SANTA MONICA COLLEGE STUDENTS. 13 12 6 12 0 0 3077029 3728456 0 0 2541814 1131952 0 0 5618843 4860408 2602958 2115425 0 0 372099 419218 0 0 337221 406931 407660 3381988 2942303 2236855 1918105 31911000 35629223 89594 111923 31821406 35517300 X THE SANTA MONICA COLLEGE FOUNDATION LEADS THE PRIVATE FUNDRAISING EFFORTS OF SANTA MONICA COLLEGE IN SUPPORT OF THE COLLEGE'S MISSION TO PROVIDE OPEN AND AFFORDABLE ACCESS TO HIGH QUALITY EDUCATION. THE FOUNDATION RECEIVES, DISPERSES AND INVESTS PRIVATE DONATIONS IN SUPPORT OF COLLEGE SERVICES AND ACTIVITIES AND RAISES ANNUAL GIFTS TO INITIATE PROGRAMS FOR THE BENEFIT OF THE COLLEGE, ITS STUDENTS AND FACULTY. 0 0 1286698 1137224 0 STUDENT PROGRAMMING AND ASSISTANCE: SANTA MONICA COLLEGE'S STUDENT SERVICES PROGRAMS PROVIDE ONGOING EDUCATIONAL AND COUNSELING SUPPORT TO ITS STUDENTS. FROM THE EMERITUS PROGRAM FOR LIFELONG LEARNERS, THE VETERANS' RESOURCE CENTER, BLACK COLLEGIANS PROGRAM, AND LATINO CENTER TO THE CENTER FOR STUDENTS WITH DISABILITIES, GUARDIAN SCHOLARS, AND ATHLETICS TEAMS, THE FOUNDATION FUNDRAISES AND SUPPORTS THE COLLECTIVE EFFORTS TO ADVANCE THE PROGRAMS. ADDITIONALLY, THE FOUNDATION RAISES FUNDING TO ADVANCE ANNUAL PROGRAMS TO INCREASE ENROLLMENT (SMC FOUNDATION MEAL PROJECT AND VIP DAYS), AND ACKNOWLEDGE OUTSTANDING ACHIEVEMENTS (PUBLIC POLICY SYMPOSIUMS AND COMMENCEMENT). FURTHER, EMERGENCY RELIEF FOR STUDENTS EXPERIENCING UNFORESEEN HARDSHIP IS PROVIDED BY THE FOUNDATION'S ABILITY TO SECURE FUNDS. 978201 978201 0 SCHOLARSHIPS: IN AN EFFORT TO ELIMINATE FINANCIAL BARRIERS AND TO ENSURE ACADEMIC SUCCESS FOR SMC STUDENTS, THE FOUNDATION PROVIDED $978,201IN SCHOLARSHIPS. THE AWARDS WERE DESIGNATED FOR QUALIFIED STUDENTS WHO WERE INCOMING FRESHMAN, CONTINUING, AND TRANSFER STUDENTS, AIDING AND SUPPORTING THEM IN ACHIEVING THEIR HIGHER EDUCATION GOALS. 2264899 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 37 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X TAZIWA CHANAIWA 3104344211 1900 PICO BOULEVARD SANTA MONICA CA 90405 ELIZABETH A MOORE CEO/PRESIDENT 40.00 0.00 X X 70428 176586 48750 MARGARET SOHAGI CHAIR 1.00 0.00 X X 0 0 0 SPRING ASPERS VICE CHAIR 1.00 0.00 X X 0 0 0 MARK IVENER TREASURER 1.00 0.00 X X 0 0 0 DEANNA HANSEN SECRETARY 1.00 0.00 X X 0 0 0 DON GIRARD DIRECTOR 1.00 0.00 X 0 0 0 DR TIFFANY GRUNWALD DIRECTOR 1.00 0.00 X 0 0 0 DR KATHRYN E JEFFERY DIRECTOR 1.00 0.00 X 0 0 0 FRED KIPPERMAN DIRECTOR (UNTIL 6/30/2023) 1.00 0.00 X 0 0 0 WILLIAM D LIPPMAN DIRECTOR (UNTIL 12/17/2022) 1.00 0.00 X 0 0 0 DR AVA SHAMBAN DIRECTOR 1.00 0.00 X 0 0 0 MARK VERGE DIRECTOR 1.00 0.00 X 0 0 0 JAMES CASTRO DIRECTOR 1.00 0.00 X 0 0 0 GREG MORENA DIRECTOR 1.00 0.00 X 0 0 0 70428 176586 48750 1 0 1 0 PERRY CONSULTING GROUP 7607 WISCASSET DR WEST HILLS CA 91304 ACCOUNTING 132000 1 1513798 2214658 9356 3728456 959866 959866 9459871 9287785 172086 172086 172086 4860408 0 0 1131952 1137224 1137224 978201 978201 102681 21255 11667 69759 266864 88657 178207 3777 782 1231 1764 16986 3516 5538 7932 28910 5984 9425 13501 164150 164150 104776 104776 9902 2612 1396 5894 43025 8906 14027 20092 49000 10143 15974 22883 21850 4523 7123 10204 DONOR RELATIONS & SPECI 9533 1973 3108 4452 MEMBERSHIPS & SUBSCRIPT 5424 1123 1768 2533 2942303 2264899 340183 337221 589724 307147 1079773 522869 563259 169767 38314 57989 15612 15612 0 0 28685921 33579306 954009 992145 31911000 35629223 89594 111923 89594 111923 X 2856139 3390720 28965267 32126580 31821406 35517300 31911000 35629223 X 1918105 1683321 94468 X 0 1 X 1 0 X 2247709 2955868 3726223 3077029 3728456 15735285 458431 473455 393995 481647 589565 2397093 2706140 3429323 4120218 3558676 4318021 18132378 1231770 16900608 593683 805780 662129 1486112 959866 4507570 22639948 0.74650 0.72210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14430702 771714 1267237 650019 15819634 16466539 563894 -1844208 755523 14430702 13360205 298225 3628708 820599 16466539 12022325 572510 1303479 538109 13360205 11543449 230232 791118 542474 12022325 0.00000 0.81280 0.18720 0 0 15612 15612 0 0 X 7122986 1683321 589565 94468 2367354 4755632 104776 104776 4860408 3427092 589565 589565 2837527 104776 104776 2942303 PART V, LINE 4: SCHOLARSHIPS TO SANTA MONICA COLLEGE STUDENTS. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED JUNE 30, 2023, THE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN FCCC 99,283. CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST -4,815. 1 SANTA MONICA COLLEGE 1900 PICO BOULEVARD SANTA MONICA CA 90405 952767537 1137224 0 SUPPORT ALL DEPARTMENTS IN THE COLLEGE FOR VARIOUS STUDENT PROGRAMS AND ACTIVITIES. 1 0 STUDENT SCHOLARSHIPS 467 978201 PART I, LINE 2: THE SANTA MONICA COLLEGE FOUNDATION'S GRANT PROGRAM SUPPORTS VARIOUS STUDENT PROGRAMS AND ACTIVITIES THRU ALL DEPARTMENTS OF THE COLLEGE. THE DEPARTMENT STAFF SUBMIT REQUESTS TO THEIR DEPARTMENT HEAD FOR APPROVAL. THE APPROVED INVOICES ARE THEN FORWARDED TO THE FOUNDATION'S ACCOUNTING TEAM FOR REVIEW AND PROCESS FOR PAYMENT. THE SANTA MONICA COLLEGE FOUNDATION'S SCHOLARSHIP PROGRAM OFFERS PRIVATELY FUNDED SCHOLARSHIPS. BOTH CONTINUING STUDENTS AND THOSE TRANSFERRING AFTER THE SPRING SEMESTER CAN APPLY FOR SCHOLARSHIPS, IF THEY MEET THE GENERAL QUALIFICATIONS AND COMPLETE THE SCHOLARSHIP APPLICATION PROCESS BY THE DEADLINE. SMC FOUNDATION SCHOLARSHIPS ARE ADMINISTERED THROUGH THE SMC FINANCIAL AID OFFICE. X 0 0 0 0 0 0 0 0 0 ELIZABETH A MOORE CEO/PRESIDENT 70428 176586 0 0 0 0 0 28692 0 20058 70428 225336 0 0 PART I, LINE 3 THE HUMAN RESOURCES DEPARTMENT (HR) AND THE PERSONNEL COMMISSION OF SANTA MONICA COLLEGE SET THE BASE COMPENSATION OF THE PRESIDENT/CEO (CEO) AND CHIEF FINANCIAL OFFICER (CFO) OF THE ORGANIZATION, RESPECTIVELY. SALARIES ARE GENERALLY SET BASED ON A VARIETY OF EXTERNAL AND INTERNAL FACTORS. EXTERNAL FACTORS CONSIST OF LABOR MARKET COMPARISONS, LABOR MARKET CONDITIONS, COLLECTIVE BARGAINING AND COST OF LIVING. INTERNAL FACTORS CONSIST OF MEASURING CONSISTENCY AND THE EMPLOYER'S ABILITY TO PAY. CHANGES TO SALARIES IMPACTING THE CEO AND CFO COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD OF TRUSTEE'S AND THE PERSONNEL COMMISSION'S MINUTES AND IN THE EMPLOYEE'S PERSONNEL FILE. THE CEO IS RESPONSIBLE FOR SETTING THE COMPENSATION OF OTHER ORGANIZATION EMPLOYEES THROUGH SALARY INFORMATION RECEIVED FROM SIMILAR SOURCES AS USED IN SETTING THE COLLEGE'S COMPENSATION FOR CLASSIFIED EMPLOYEES. THE EMPLOYEE COMPENSATION DECISIONS ARE DOCUMENTED IN THE APPLICABLE EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION A, LINE 1A THERE IS AN EXECUTIVE COMMITTEE WHICH IS COMPOSED OF THE FOLLOWING PERSONS: MARGARET SOHAGI, CHAIR SPRING ASPERS, VICE CHAIR DEANNA HANSEN, SECRETARY MARK IVENER, TREASURER ELIZABETH A. MOORE, CEO/PRESIDENT FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND THEN DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO ANNUALLY FILE A CONFLICT OF INTEREST STATEMENT ACKNOWLEDGING COMPLIANCE WITH THE POLICY. VOTING BOARD MEMBERS WITH AN ECONOMIC INTEREST IN THE SUBJECT MATTER OF A BOARD VOTE ABSTAIN FROM VOTING ON THAT ISSUE IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES DEPARTMENT (HR) AND THE PERSONNEL COMMISSION OF SANTA MONICA COLLEGE SET THE BASE COMPENSATION OF THE PRESIDENT/CEO (CEO) AND ASSOCIATE DIRECTOR/CHIEF FINANCIAL OFFICER (CFO) OF THE ORGANIZATION, RESPECTIVELY. SALARIES ARE GENERALLY SET BASED ON A VARIETY OF EXTERNAL AND INTERNAL FACTORS. EXTERNAL FACTORS CONSIST OF LABOR MARKET COMPARISONS, LABOR MARKET CONDITIONS, COLLECTIVE BARGAINING AND COST OF LIVING. INTERNAL FACTORS CONSIST OF MEASURING CONSISTENCY AND THE EMPLOYER'S ABILITY TO PAY. CHANGES TO SALARIES IMPACTING THE CEO AND CFO COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD OF TRUSTEE'S AND THE PERSONNEL COMMISSION'S MINUTES AND IN THE EMPLOYEE'S PERSONNEL FILE. THE PRESIDENT/CEO IS RESPONSIBLE FOR SETTING THE COMPENSATION OF OTHER ORGANIZATION EMPLOYEES THROUGH SALARY INFORMATION RECEIVED FROM SIMILAR SOURCES AS USED IN SETTING THE COLLEGE'S COMPENSATION FOR CLASSIFIED EMPLOYEES. THE EMPLOYEE COMPENSATION DECISIONS ARE DOCUMENTED IN THE APPLICABLE EMPLOYEE'S PERSONNEL FILE. SALARIES ARE REVIEWED BASED ON COMPENSATION SURVEYS, LABOR MARKET CONDITIONS AND THE EMPLOYER'S ABILITY TO PAY THE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN FCCC 99,283. CHANGE IN VALUE OF BENEFICIAL INTEREST IN -4,815. SANTA MONICA COLLEGE 1900 PICO BOULEVARD SANTA MONICA CA 90405 952767537 EDUCATION CA CALIFORNIA COMMUNITY COLLEGE SYSTEM 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0