2024-08-26T13:39:29-05:00 2023-12-31 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-01-01 956207819 LOS ANGELES CITY COLLEGE FOUNDATION LOSA 3239534011 855 N VERMONT AVE LOS ANGELES CA 90029 LISA C NASHUA EXECUTIVE DIRECTOR 3239534011 2024-08-23 1 1 CATHERINE L GRAY CPA P01294460 9094664410 2024-08-23 2023 2024-08-08 14:25:15Z LISA C NASHUA 855 N VERMONT AVE LOS ANGELES CA 90029 8100256 0 X N/A X 1968 CA THE LOS ANGELES CITY COLLEGE FOUNDATION (LACCF) DEVELOPS PHILANTHROPIC SUPPORT FOR THE STUDENTS OF LOS ANGELES CITY COLLEGE. LACCF PROVIDES STUDENT SERVICES AND FINANCIAL SUPPORT TO INCREASE COLLEGE ACCESS AND SUCCESS FOR ECONOMICALLY DISADVANTAGED STUDENTS AND OTHER HISTORICALLY UNDERSERVED STUDENT GROUPS. 22 22 0 28 0 0 4032686 4964001 0 0 5267765 1479591 417855 21349 9718306 6464941 1079821 828571 0 0 1091830 945551 0 0 8305 1588835 2076621 3760486 3850743 5957820 2614198 41421918 50201552 90737 41702 41331181 50159850 THE LACCF DEVELOPS PHILANTHROPIC SUPPORT FOR THE STUDENTS OF LACC. LACCF PROVIDES STUDENT SERVICES AND FINANCIAL SUPPORT TO INCREASE COLLEGE ACCESS AND SUCCESS FOR ECONOMICALLY DISADVANTAGED STUDENTS AND OTHER HISTORICALLY UNDERSERVED STUDENT GROUPS. 0 0 499835 499835 SCHOLARSHIPS- THE ORGANIZATION PROVIDED SCHOLARSHIPS TO QUALIFIED LACC STUDENTS 2541886 328736 DEPARTMENTS- THE ORGANIZATION PROVIDED FUNDING FOR ACADEMIC DEPARTMENTS AT LACC AND STUDENT ENGAGMENT IN CAMPUS GRANTS- ARPA R AND PRIVATE FOUNDATION GRANTS FROM AGENCIES TO PROVIDE EMERGENCY ASSISTANCE INCLUDING FOOD SUPPORT AND RENTAL AID FOR STUDENTS WITH THE GREATEST BASIC NEEDS. 3041721 1 1 0 0 0 0 0 0 0 1 1 1 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 1 0 0 0 0 1 0 0 0 1 89 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X THE ORGANIZATION 3239534011 855 N VERMONT AVE LOS ANGELES CA 90029 ROBERT SCHWARTZ CHAIRMAN 6.00 X X 0 0 0 MARVIN HOFFMAN IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 C EDWARD DILKES VICE CHAIRMAN 1.00 X X 0 0 0 ROBERT WINTERS TREASURER 1.00 X X 0 0 0 NICK HALARIS BOARD MEMBER 1.00 X 0 0 0 JOAN DANGERFIELD BOARD MEMBER 1.00 X 0 0 0 MICHAEL G MORGAN BOARD MEMBER 1.00 X 0 0 0 FARIBA KALANTARI BOARD MEMBER 1.00 X 0 0 0 DEAN HANSELL BOARD MEMBER 1.00 X 0 0 0 THEO KINGMA BOARD MEMBER 1.00 X 0 0 0 MIKE HARRIEL BOARD MEMBER 1.00 X 0 0 0 DAVID RYU BOARD MEMBER 1.00 X 0 0 0 DANNY CHAN ASSISTANT TREASURER 1.00 X X 0 0 0 MARGARET MARTIN BOARD MEMBER 1.00 X 0 0 0 ROBERT REEVES BOARD MEMBER 1.00 X 0 0 0 JEFF ZARRINNAM MEMBER-AT-LARGE 1.00 X 0 0 0 JESSICA I SHAHAM BOARD MEMBER 1.00 X 0 0 0 DJ MOORE BOARD MEMBER 1.00 X 0 0 0 ALEX SWART BOARD MEMBER 1.00 X 0 0 0 JOANNE HOFFMAN BOARD MEMBER 1.00 X 0 0 0 JERROD MCCLUNG BOARD MEMBER 1.00 X 0 0 0 JULIE C STROMBERG SECRETARY 1.00 X X 0 0 0 BERJ TASHJIAN BOARD MEMBER 1.00 X 0 0 0 LISA NASHUA EXECUTIVE DIRECTOR 40.00 X 226398 0 8413 DAREN LYNNE DIR OF SPECIAL PROJECTS 40.00 X 131800 0 10652 358198 0 19065 2 0 1 0 0 72781 925921 3965299 281097 4964001 776303 776303 2338603 1635315 703288 703288 703288 MISCELLANEOUS 611710 21349 21349 21349 6464941 21349 0 1479591 328736 328736 499835 499835 234811 117406 117405 710740 440469 270271 204281 204281 208881 176481 32400 31452 1581 29871 22000 4611 17389 14543 1495 13048 13384 10735 2649 3720 307 3413 31978 31978 PROGRAM SUPPLIES 984996 983540 1456 GIFTS IN KIND 281097 281097 MEALS AND ENRICHMENT 95873 86032 9841 STIPENDS AND TUITION 64350 64350 120066 45046 66715 8305 3850743 3041721 800717 8305 3287818 3663633 203515 100000 201720 88973 109491 95625 11251 13866 37460164 46124396 257450 210684 41421918 50201552 90737 41702 90737 41702 X 2344775 2871793 38986406 47288057 41331181 50159850 41421918 50201552 X 2614198 6188244 26227 X 0 1 X 1 1 1 X 2254625 1469686 3324709 4032686 4964001 16045707 2254625 1469686 3324709 4032686 4964001 16045707 16045707 596721 571714 577050 668239 776303 3190027 27667 30575 20807 24560 21349 124958 19360692 0.82880 0.82990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36715503 351335 9263631 1223856 45106613 46463295 295786 -8698207 1345371 36715503 37539719 1351746 8918975 1347145 46463295 30270083 749822 6948677 428863 37539719 20217599 518567 9923748 511785 30148129 0.00400 0.99600 1 0 109491 95625 13866 13866 INVESTMENTS 46124396 F 46124396 X 12732805 6188244 257674 26227 6472145 6260660 204281 204281 6464941 3646462 0 3646462 204281 204281 3850743 PART V, LINE 4: THE OBJECTIVE OF THE ENDOWMENT FUND IS TO RETAIN A FUND OF PERPETUAL DURATION. ALL THE EXPENDITURES ARE SUBJECT TO BOARD APPROVAL. THE FOUNDATION'S ENDOWMENT (THE ENDOWMENT) CONSISTS OF APPROXIMATELY 160 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS. THE ENDOWMENT ALSO INCLUDES CERTAIN NET ASSETS WITHOUT DONOR RESTRICTIONS THAT HAVE BEEN DESIGNATED FOR ENDOWMENT BY THE BOARD OF DIRECTORS. PART X, LINE 2: THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE CHANGE IN VALUE OF BENEFICIAL INTEREST 26,227. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE 1 LOS ANGELES CITY COLLEGE 855 N VERMONT AVE LOS ANGELES CA 90029 956207819 GOVERNMENTAL 328736 0 ACTUAL AMOUNT SUPPORT THE EDUCATIONAL PROGRAMS OF LOS ANGELES CITY COLLEGE SCHOLARSHIPS 1062 499835 ACTUAL AMOUNT PART I, LINE 2: THE QUALIFICATIONS TO RECEIVE THE SCHOLARSHIP BY THE QUALIFIED STUDENTS ARE BASED ON THEIR MATCH WITH CRITERIA. STUDENTS ARE REQUIRED TO SUBMIT AN APPLICATION AND THEIR STUDENT REPORTS FOR EVALUATION. PROVIDES GRANTS TO LOS ANGELES CITY COLLEGE FOR EDUCATIONAL PROGRAM SUPPORT. 1 X X 0 0 0 0 0 0 0 0 0 LISA NASHUA EXECUTIVE DIRECTOR 225000 0 1398 0 0 0 6750 0 1663 0 234811 0 0 0 X 2392 FAIR MARKET VALUE X 1 247510 FAIR MARKET VALUE X BOULDERS 1 11612 FAIR MARKET VALUE X CLOTHES AND SHOES 3 7546 FAIR MARKET VALUE X COSTUMING SUPPLIES 1 6797 FAIR MARKET VALUE X BANNERS 1 4750 X NURSING SUPPLIES 1 430 X LASER PRINTER 1 60 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 PRIOR TO BEING FILED. EXECUTIVE COMMITTEE REVIEWS THE FILING AFTER OT HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBER ARE REQUIRED TO COMPLETE DISCLOSURE STATEMENTS ANNUALLY. THE STATEMENTS ARE MONITORED BY THE EXECUTIVE DIRECTOR. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSIONS OR VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REQUIRES APPROVAL BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 LACCF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST EITHER IN PERSON OR IN WRITING. FORM 990, PART XI, LINE 9: CHANGE IN VALUE 26,227. LOS ANGELES CITY COLLEGE 855 N VERMONT AVE LOS ANGELES CA 90029 956207819 PUBLIC COLLEGE CA GOVERNMENTAL N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0