2025-05-13T19:31:50-05:00 2024-06-30 953001179 WINDES INC 2050 MAIN ST STE 1300 IRVINE CA 92614 990 2023-07-01 953881166 MANHATTAN BEACH EDUCATION FOUNDATION MANH 3103033342 325 S PECK AVE MANHATTAN BEACH CA 90266 LORELEI CHAO BOARD TREASURER 3103033342 2025-05-13 1 1 ELEANOR A LIVINGSTON CPA MST P00226461 9498529433 2025-05-08 2023 2025-03-06 01:10:19Z ALICE KUO 325 S PECK AVE MANHATTAN BEACH CA 90266 9276421 0 X WWW.MBEF.ORG X 1983 CA THE FOUNDATION RAISES FUNDS FOR THE PURPOSE OF SUPPORTING EDUCATION IN THE MANHATTAN BEACH UNIFIED SCHOOL DISTRICT. 32 32 7 100 0 0 8516246 8582151 0 0 294399 431681 -345935 -190384 8464710 8823448 6879357 7215434 0 0 463169 531923 0 0 551674 346133 407954 7688659 8155311 776051 668137 9570806 10566439 2162454 2468126 7408352 8098313 THE MANHATTAN BEACH EDUCATION FOUNDATION IS A COMMUNITY DRIVEN FUND RAISING ORGANIZATION, WHICH SUPPLEMENTS STATE FUNDING FOR PROGRAMS THAT INSPIRE LEARNING, ENRICH TEACHING, AND PROMOTE INNOVATION AND ACADEMIC EXCELLENCE IN THE PUBLIC SCHOOLS OF MANHATTAN BEACH. 0 0 6297631 6180713 MBEF GRANTS TO THE MANHATTAN BEACH UNIFIED SCHOOL DISTRICT PAY FOR TEACHERS AND EDUCATORS' SALARIES AND OTHER ACADEMIC AND ENRICHMENT PROGRAM COSTS. THE GRANTS ARE SPREAD OUT OVER EACH OF THE DISTRICT'S SEVEN SCHOOLS WHICH SERVE APPROXIMATELY 5,925 STUDENTS. 1034721 1034721 MBEF CONTRIBUTES ANNUALLY TO THE MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND. 7332352 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 14 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X HILARY MAHAN 3103033342 PO BOX 1110 MANHATTAN BEACH CA 902671110 ALICE KUO PRESIDENT 10.00 1.00 X X 0 0 0 MIKE BRUNICK VICE PRESIDENT 5.00 X X 0 0 0 LORELEI CHAO TREASURER 5.00 X X 0 0 0 STACEY FUNDIGSLAND SECRETARY 2.00 X X 0 0 0 TISHA ANDERSON DIRECTOR 1.00 X 0 0 0 KATIE RANNE DIRECTOR 1.00 X 0 0 0 ANKUR BATHEJA DIRECTOR 1.00 X 0 0 0 TARA RILEY DIRECTOR 1.00 X 0 0 0 PENNIE STEPCYK DIRECTOR 1.00 X 0 0 0 KELLY GORDON DIRECTOR 1.00 X 0 0 0 CINDY MARIAN DIRECTOR 1.00 X 0 0 0 TERENCE BALAGIA DIRECTOR 1.00 X 0 0 0 JENNIFER CRAM DIRECTOR 1.00 X 0 0 0 HEATHER DE ROOS DIRECTOR 1.00 X 0 0 0 RACHEL DISSER DIRECTOR 1.00 X 0 0 0 DAVID GENDRON DIRECTOR 1.00 X 0 0 0 GARRET GIGLIA DIRECTOR 1.00 X 0 0 0 KATIE GUNTHER DIRECTOR 1.00 X 0 0 0 BRETT JOHNSON DIRECTOR 1.00 X 0 0 0 RYAN KAPLAN DIRECTOR 1.00 X 0 0 0 ERIN LEVIN DIRECTOR 1.00 X 0 0 0 KEITH LUPTON DIRECTOR 1.00 X 0 0 0 MICHELLE MCDONALD DIRECTOR 1.00 X 0 0 0 RAJ MEHROTRA DIRECTOR 1.00 X 0 0 0 ELLEN PADNOS DIRECTOR 1.00 X 0 0 0 SALLY PEEL DIRECTOR 1.00 X 0 0 0 LISA QUARELLO DIRECTOR 1.00 X 0 0 0 SCOTT ROSENTHAL DIRECTOR 1.00 X 0 0 0 TAREK SHARER DIRECTOR 1.00 X 0 0 0 KATE SINCLAIR DIRECTOR 1.00 X 0 0 0 ROGER SPENCER DIRECTOR 1.00 1.00 X 0 0 0 REMCO WALLER DIRECTOR 1.00 X 0 0 0 HILARY MAHAN EXECUTIVE DIRECTOR 30.00 20.00 X 148512 0 0 DAVID BRENNAN DIR. OF DEVELOPMENT & PARTNERSHIP 24.00 16.00 X 120721 0 0 269233 0 0 2 0 0 0 0 1669674 1202161 5710316 766634 8582151 431681 431681 197589 1669674 452973 -255384 -255384 MBEF ENDOWMENT FUND MA 900099 65000 65000 65000 8823448 0 0 241297 7207934 7207934 7500 7500 148512 32673 29702 86137 345020 73215 78782 193023 38391 7931 9551 20909 44898 44898 58073 3099 6652 48322 136206 25098 111108 20651 20651 2965 2965 17916 17916 COMMUNITY RELATIONS 102873 35070 67803 IN-KIND CONTRIBUTIONS 24372 24372 8155311 7332352 271285 551674 1974969 708526 2416979 74946 44884 476504 42168 182542 17408 26545 39214 35259 4996 3955 5004402 9028421 65000 65000 9570806 10566439 183372 56950 1145473 1282512 833609 1128664 2162454 2468126 X 6538444 7357133 869908 741180 7408352 8098313 9570806 10566439 668137 21824 0 X 0 1 X 1 0 X 7461066 6026304 8234957 8516246 8582151 38820724 7461066 6026304 8234957 8516246 8582151 38820724 692513 38128211 141373 5927 8748 294399 431681 882128 65000 65000 65000 65000 65000 325000 40027852 0.95250 0.94890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 47740 0 0 0 47740 0 PART II-B, LINE 1: MBEF CONTRIBUTED TO THE "COMMITTEE FOR THE RENEWAL OF MEASURE MB - YES ON MB" TO SUPPORT THEIR WORK IN ADVOCATING FOR THE RENEWAL OF MEASURE MB TO SUPPORT LOCAL PUBLIC SCHOOLS IN MANHATTAN BEACH. MEASURE MB INSTITUTED AN ANNUAL PARCEL TAX WHICH FUNDS THE MANHATTAN BEACH UNIFIED SCHOOL DISTRICT. 29707 26485 3222 9507 8774 733 3955 DUE TO MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND 1128664 1128664 X 8900272 21824 55000 76824 8823448 0 8823448 8210311 55000 55000 8155311 0 8155311 PART X, LINE 2: MBEF RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. MBEF IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS. SCHEDULE D, PART V MBEF HAS TRANSFERRED THE ENDOWMENT FUNDS TO A SEPARATE 501(C)(3) ORGANIZATION, MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND. THE ORGANIZATION'S MISSION IS TO RAISE, RECEIVE, HOLD, INVEST, AND ADMINISTER FUNDS AND PROPERTY SO RECEIVED, AND TO MAKE EXPENDITURES THEREFROM TO SUPPLY SUPPORTIVE SERVICE AND FUND SPECIFIC PROGRAMS FOR THE BENEFIT OF THE MANHATTAN BEACH EDUCATION FOUNDATION AND IN TURN, THE EDUCATIONAL PROGRAMS OF THE MANHATTAN BEACH UNIFIED SCHOOL DISTRICT. WINE AUCTION 1867263 1669674 197589 5715 16084 271000 160174 1867263 1669674 197589 5715 16084 271000 160174 452973 -255384 1 MANHATTAN BEACH UNIFIED SCHOOL DISTRICT 325 S PECK AVE MANHATTAN BEACH CA 90266 956002011 501(C)(3) 6125473 0 TO SUPPORT EDUCATION MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND PO BOX 1110 MANHATTAN BEACH CA 90267 453552314 501(C)(3) 1034721 0 ANNUAL CONTRIBUTION TO ENDOWMENT FUND COMMITTEE FOR THE RENEWAL OF MEASURE MB - YES ON MB 2025 MANHATTAN BEACH BLVD REDONDO BEACH CA 90278 47740 0 TO SUPPORT RENEWAL OF MEASURE MB PARCEL TAX 2 1 SCHOLARSHIP 2 7500 PART I, LINE 2: AFTER THE SCHOOL YEAR ENDS, THE MANHATTAN BEACH UNIFIED SCHOOL DISTRICT (MBUSD) PROVIDES A REPORT DETAILING THE COMPONENTS OF EACH GRANT AND COMPARES BUDGET TO ACTUAL. THE ORGANIZATION (MBEF) REDUCES THE AMOUNT OF GRANTS FOR AREAS THAT WERE LESS THAN BUDGETED BUT DOES NOT INCREASE THE GRANT FOR AREAS THAT CAME IN OVER BUDGET. THE ORGANIZATION GRANTS THE NET PROCEEDS OF THE MANHATTAN WINE AUCTION TO THE MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND. ADDITIONAL AMOUNTS MAY BE GRANTED AS MBEF BUDGET ALLOWS. X 14 8735 FMV X 3605 FMV X 38 209144 FMV X 14 7565 FMV X 8 25085 FMV X VACATION PACKAGES 42 284529 FMV X WINE 150 130152 FMV X TICKETS/CERTIFICATES 69 61670 FMV X MISCELLANEOUS 10 20474 FMV X JEWELRY 7 14080 FMV X GIFT BASKETS 5 1595 FMV 0 0 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND COMPLIANCE COMMITTEE REVIEWS AND APPROVES FORM 990. A FULL COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS, AND THE AUDIT AND COMPLIANCE COMMITTEE CHAIR PRESENTS THE COMMITTEE'S APPROVAL TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES, INDEPENDENT CONTRACTORS, BOARD OF DIRECTOR MEMBERS, AND COMMITTEE MEMBERS MUST SIGN A CONFLICT OF INTEREST DECLARATION ANNUALLY. THE FORMS ARE REVIEWED AND MAINTAINED IN THE ORGANIZATION'S OFFICES. PERSONS WITH CONFLICT OF INTEREST SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST, WHICH SHOULD BE REFLECTED IN THE MINUTES OF THE MEETING. THE PERSON WITH A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN THE BOARD'S DISCUSSION AND SHALL NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A EMPLOYEES AND INDEPENDENT CONTRACTORS RECEIVE AN ANNUAL REVIEW WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR RECEIVES AN ANNUAL REVIEW WITH THE BOARD PRESIDENT. THESE REVIEWS ARE DOCUMENTED AND PROVIDED TO THE OFFICERS OF THE BOARD. ANY PROPOSED CHANGES TO CURRENT COMPENSATION ARE PROVIDED TO THE OFFICERS OF THE BOARD FOR APPROVAL. THE BOARD APPROVES A BUDGET FOR COMPENSATION IN TOTAL. THE EXECUTIVE DIRECTOR APPROVES THE COMPENSATION PER EMPLOYEE BUT ONLY UP TO THE AUTHORIZED BUDGET AMOUNT. FORM 990, PART VI, SECTION C, LINE 19 ALL POLICIES AND GOVERNING DOCUMENTS ARE AVAILABLE ON OUR OWN WEBSITE(S) FOR BOTH MANHATTAN BEACH EDUCATION FOUNDATION AND MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND. THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE ALSO POSTED AT THE MBEF WEBSITE. MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND PO BOX 1110 MANHATTAN BEACH CA 90267 453552314 ADMINISTER/RAISE FUNDS TO SUPPORT MBEF CA 501(C)(3) LINE 7 MANHATTAN BEACH EDUCATION FOUNDATION 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND B 1034721 CASH MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND C 1202161 CASH MANHATTAN BEACH EDUCATION FOUNDATION ENDOWMENT FUND O 65000 CASH