2018-05-15T17:46:33-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2016-07-01 953297459 LONG BEACH CITY COLLEGE FOUNDATION LONG 5629384134 4901 EAST CARSON STREET LONG BEACH CA 90808 GUY HESTON PRESIDENT 5629384134 2018-05-15 1 GEMA PTASINSKI P00635846 6268577300 2018-05-15 2016 2022-09-23 18:48:47Z GUY HESTON 4901 EAST CARSON STREET LONG BEACH CA 90808 7636296 0 X WWW.LBCC.EDU/FOUNDATION X 1978 CA SUPPORT & ENHANCE THE LEARNING ENVIRONMENT OF THE LONG BEACH CITY COMMUNITY COLLEGE DISTRICT. 84 84 39 121 0 0 3028752 3288129 935648 691788 -270774 450695 71301 0 3764927 4430612 3834844 3415295 0 0 278860 195714 0 0 98256 932101 1220461 5045805 4831470 -1280878 -400858 16953196 17610000 2095986 2037496 14857210 15572504 X THE FOUNDATION'S SPECIFIC AND PRIMARY PURPOSES ARE TO PROMOTE THE GENERAL WELFARE OF LONG BEACH CITY COLLEGE BY ASSISTING AND SUPPORTING THE ATTAINMENT OF EDUCATIONAL, ATHLETIC, AND CULTURAL GOALS; BY ASSISTING IT IN FULFILLING ITS ROLE OF SERVICE TO ITS COMMUNITY, BY SOLICITING, RAISING, AND DISTRIBUTING FUNDS FOR ITS PROGRAM, BUILDING, EQUIPMENT, AND ANY OTHER OUTLAY INCLUDING BUT NOT LIMITED TO NEEDS FOR SCHOLARSHIPS, LOANS, AND GRANTS TO QUALIFIED STUDENTS. 0 0 1544244 1544244 THE FOUNDATION IS FORTUNATE TO HAVE RECEIVED FUNDING FROM THE GOLDMAN SACHS FOUNDATION TO CONTINUE THE 10,000 SMALL BUSINESS PROJECT THROUGH AN EDUCATIONAL PROGRAM. THE CURRICULUM INCLUDES MODULES WHICH PROMOTE A RELEVANT LEARNING EXPERIENCE. THE PROGRAM HAS GRADUATED 792 SMALL BUSINESS OWNERS. THE FOUNDATION IS IN ITS EIGHTH YEAR OF A VERY SUCCESSUL PROGRAM WHICH HAS BECOME A MODEL FOR OTHER SUCH GRANTEES THROUGHOUT THE UNITED STATES. 708274 0 PROMOTE GENERAL WELFARE OF LONG BEACH CITY COLLEGE BY ASSISTING AND SUPPORTING THE ATTAINMENT OF ATHLETIC, EDUCATIONAL AND CULTURAL GOALS THROUGH GRANTS AND OTHER ASSISTANCE TO ASSOCIATE GROUPS, DEPARTMENTS, FACULTY, AND STAFF. 1218975 1141687 EDUCATION IS THE MOST IMPORTANT FACTOR THAT DETERMINES WHAT OPPORTUNITIES A PERSON WILL HAVE IN LIFE. LONG BEACH CITY COLLEGE (LBCC) PROVIDES THE EDUCATION AND TRAINING. THE FOUNDATION PROVIDES THE FINANCIAL SUPPORT THAT ALLOWS PEOPLE TO TAKE ADVANTAGE OF THAT EDUCATION AND TRAINING. THE FOUNDATION PROVIDES A VEHICLE FOR FINANCIAL SUPPORT FROM THE COMMUNITY.IT IS ESTIMATED THAT ONE IN THREE LONG BEACH AREA RESIDENTS HAVE ATTENDED LBCC. MANY OF THESE STUDENTS HAVE REQUIRED FINANCIAL ASSISTANCE. THE FOUNDATION HAS RAISED OVER $25 MILLION TO PROVIDE SCHOLARSHIPS, DEPARTMENTAL GRANTS, CAMPUS BEAUTIFICATION, AND FACILITIES UPGRADES. LITERALLY THOUSANDS OF STUDENTS HAVE RECEIVED FUNDS TO PAY ENROLLMENT FEES AND BUY BOOKS AND THE NEED TO PROVIDE FINANCIAL ASSISTANCE CONTINUES TODAY.THE FOUNDATION HAS THE LARGEST SCHOLARSHIP PROGRAM OF ANY SOUTHERN CALIFORNIA COMMUNITY COLLEGE. IT GIVES TO MORE STUDENTS THAN ANY OTHER TWO YEAR INSTITUTION AND OFFERS SCHOLARSHIPS TO FACULTY AND STAFF SO THEY MAY INCREASE THEIR KNOWLEDGE IN THEIR CHOSEN PROFESSION OR EMBARK ON A NEW CAREER. DURING THE YEAR, THE FOUNDATION PROVIDED 879 QUALIFIED STUDENTS SCHOLARSHIPS AND AWARDS. 729363 729363 691788 SUPPORT THE COLLEGE TO CAREER (C2C) PROGRAM AT LONG BEACH CITY COLLEGE. C2C IS AN INNOVATIVE POST-SECONDARY PROGRAM FOR ADULTS WITH DEVELOPMENTAL DISABILITIES SERVED BY HARBOR REGIONAL CENTER. THE C2C PROGRAM OFFERS AN EXCITING OPPORTUNITY TO EXPERIENCE COMMUNITY COLLEGE, STUDENT HOUSING, AND COLLEGE LIFE. 729363 729363 691788 4200856 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 40 0 1 39 1 0 0 0 0 0 1 1 0 0 X 84 84 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X LYNN DEXTER 5629384134 4901 EAST CARSON STREET LONG BEACH CA 90808 GUY HESTON PRESIDENT 2.00 X X 0 0 0 G LORAIN BRAULT PRESIDENT ELECT 2.00 X X 0 0 0 DR JOHN FYLPAA VICE PRESIDENT 2.00 X X 0 0 0 MARY CRANE VICE PRESIDENT 2.00 X X 0 0 0 DR SERAFIN ZASUETA VICE PRESIDENT 2.00 X X 0 0 0 KISTIN BIALE-GONDA TREASURER 2.00 X X 0 0 0 MARCELLE EPLEY SECRETARY 2.00 X X 0 0 0 BARRY MCDANIEL PAST PRESIDENT 2.00 X X 0 0 0 HOWARD DAVIS MEMBER AT LARGE 2.00 X 0 0 0 MARK TAYLOR MEMBER AT LARGE 2.00 X 0 0 0 RICK DUREE MEMBER AT LARGE 2.00 X 0 0 0 ANN-MARIE GABEL HON., EXEC. COMM./MEMBER AT LARGE 2.30 X 0 0 0 JEFFREY KELLOGG HON.,COLLEGE LIAISON 0.30 X 0 0 0 MILES NEVIN HON.,COLLEGE LIAISON 0.30 X 0 0 0 LANCE ADAMS MEMBER 1.00 X 0 0 0 ARTURO AGUAYO MEMBER 1.00 X 0 0 0 FIDEL AGUAYO MEMBER 1.00 X 0 0 0 ROBERT ARVIZU MEMBER 1.00 X 0 0 0 EDWARD ARNOLD MEMBER 1.00 X 0 0 0 WILLIAM BARNES EMERITUS 0.30 X 0 0 0 MARTHA MOLINA BERNADETT MEMBER 1.00 X 0 0 0 DR G SCOTT BIRNIE MEMBER 1.00 X 0 0 0 BOB BLAIR MEMBER 1.00 X 0 0 0 PAUL BROWN MEMBER 1.00 X 0 0 0 LOU ANNE BYNUM HONORARY 0.30 X 0 0 0 JAMES R CALLAHAN EMERITUS 0.30 X 0 0 0 KENDRA S CANAPE MEMBER 1.00 X 0 0 0 BLANCHE CANNADY EMERITA 0.30 X 0 0 0 JUDGE RICHARD F CHARVAT EMERITUS 0.00 X 0 0 0 HELEN CLARK PATRON 0.30 X 0 0 0 DR TOM CLARK EMERITUS 0.30 X 0 0 0 STERLING CLAYTON EMERITUS 0.30 X 0 0 0 MARIA COCHRAN MEMBER 1.00 X 0 0 0 KAREN CODMAN MEMBER 1.00 X 0 0 0 DR JANE CLOSE CONOLEY HONORARY 0.30 X 0 0 0 GARY COOPER EMERITUS 0.30 X 0 0 0 MARK CURTIS EMERITUS 0.30 X 0 0 0 ROSE DOSTA DELGAUDIO HONORARY 0.30 X 0 0 0 GARY DELONG MEMBER 1.00 X 0 0 0 DIANE DEWALSCHE MEMBER 1.00 X 0 0 0 MICHELE DOBSON MEMBER 1.00 X 0 0 0 STEPHEN J DODGE MEMBER 1.00 X 0 0 0 DR MINNIE DOUGLAS EMERITA 0.30 X 0 0 0 CHIEF MICHAEL DUREE HONORARY 0.30 X 0 0 0 ROBERT ELLIS EMERITUS 0.30 X 0 0 0 ANNE EMIGH MEMBER 1.00 X 0 0 0 DR STUART L FARBER MEMBER 1.00 X 0 0 0 MAYOR ROBERT GARCIA HONORARY 0.30 X 0 0 0 DR MARK A GARLINGTON MEMBER 1.00 X 0 0 0 MICHAEL F GIOVE MEMBER 1.00 X 0 0 0 DANIEL P GOOCH MEMBER 1.00 X 0 0 0 IVY ARLINDA GOOLSBY MEMBER 1.00 X 0 0 0 RANDY GORDON MEMBER 1.00 X 0 0 0 JERRY GREEN MEMBER 1.00 X 0 0 0 DR NOEL HACEGABA MEMBER 1.00 X 0 0 0 DONNA HANCOCK MEMBER 1.00 X 0 0 0 JOHN HANCOCK EMERITUS 0.30 X 0 0 0 JOHN HEFFERNAN MEMBER 1.00 X 0 0 0 GARRY HERRON MEMBER 1.00 X 0 0 0 JACK HINSCHE MEMBER 1.00 X 0 0 0 JAN B HOWER MEMBER 1.00 X 0 0 0 HARRIETT IBBETSON PATRON 0.30 X 0 0 0 DR E JAN KEHOE EMERITA 0.30 X 0 0 0 JACKIE KELL MEMBER 1.00 X 0 0 0 THOMAS W KING MEMBER 1.00 X 0 0 0 MATTHEW L KINLEY MEMBER 1.00 X 0 0 0 JAYNE LASTUSKY MEMBER 1.00 X 0 0 0 RICHARD LEDERER MEMBER 1.00 X 0 0 0 JUDGE GIBSON LEE EMERITUS 0.30 X 0 0 0 PATRICIA LOFLAND EMERITA 0.30 X 0 0 0 DR TERRI LONG HONORARY 0.30 X 0 0 0 CHIEF ROBERT LUNA HONORARY 0.30 X 0 0 0 BOB LUSKIN EMERITUS 0.30 X 0 0 0 BRUCE MACRAE MEMBER 1.00 X 0 0 0 DR DEBBIE MALUMED HONORARY 0.30 X 0 0 0 WILLIAM MARMION EMERITUS 0.30 X 0 0 0 SANDOR MAYUGA MEMBER 1.00 X 0 0 0 GEORGE MEDAK EMERITUS 0.30 X 0 0 0 AARON MOORE MEMBER 1.00 X 0 0 0 HEATHER MORRIS MORO MEMBER 1.00 X 0 0 0 LYNN E MOYER MEMBER 1.00 X 0 0 0 GEORGE MURCHISON EMERITUS 0.30 X 0 0 0 MIKE MURRAY EMERITUS 0.30 X 0 0 0 JEFFREY A NAPPER MEMBER 1.00 X 0 0 0 ANNE NEWMAN EMERITA 0.30 X 0 0 0 SUZANNE NOSWORTHY MEMBER 1.00 X 0 0 0 ELOY O OAKLEY HONORARY 0.30 X 0 0 0 DR BEVERLY O'NEILL EMERITA 0.30 X 0 0 0 TED OROZCO MEMBER 1.00 X 0 0 0 DR FREDA HINSCHE OTTO MEMBER 1.00 X 0 0 0 ROSI PEDERSEN MEMBER 1.00 X 0 0 0 DR GREGORY PETERSON HONORARY 0.30 X 0 0 0 NAOMI RAINEY-PIERSON MEMBER 1.00 X 0 0 0 JEFFREY RIPS MEMBER 1.00 X 0 0 0 BRIAN RUSSELL MEMBER 1.00 X 0 0 0 GAIL SCHWANDNER MEMBER 1.00 X 0 0 0 DR JAMES C SERLES EMERITUS 0.30 X 0 0 0 MARTIN SIMON EMERITUS 0.30 X 0 0 0 JEAN B SMITH EMERITA 0.30 X 0 0 0 CHRIS STEINHAUSER HONORARY 0.30 X 0 0 0 GLORIA ST MARTIN-LOWRY MEMBER 1.00 X 0 0 0 BARBARA SULLIVAN-GEORGE MEMBER 1.00 X 0 0 0 JAMES J SULLOS JR MEMBER 1.00 X 0 0 0 DR ANDY TANG MEMBER 1.00 X 0 0 0 DR SABIRA TEJANI MEMBER 1.00 X 0 0 0 DAVID THORNBURG MEMBER 1.00 X 0 0 0 BETTY EASTMAN TODD PATRON 0.30 X 0 0 0 CONNIE TURNER MEMBER 1.00 X 0 0 0 DR REBECCA J TURRENTINE MEMBER 1.00 X 0 0 0 DONITA VAN HORIK MEMBER 1.00 X 0 0 0 KEN VELTEN EMERITUS 0.30 X 0 0 0 CLOY J WALTER MEMBER 1.00 X 0 0 0 W GARY WESTLING MEMBER 1.00 X 0 0 0 DR TIMOTHY WHITE HONORARY 0.30 X 0 0 0 LOYD V WILCOX MEMBER 1.00 X 0 0 0 JEFFREY A WILLIAMS MEMBER 1.00 X 0 0 0 RUTH W WILLIAMS MEMBER 1.00 X 0 0 0 PATRICE WONG MEMBER 1.00 X 0 0 0 ELIZABETH MCCANN EXECUTIVE DIRECTOR 40.00 X X 81250 0 0 81250 0 0 0 0 0 0 0 20020 3268109 3288129 EDUCATIONAL PROGRAMS 900099 691788 691788 691788 371552 371552 3284827 3205684 79143 79143 79143 4430612 770931 0 371552 2196320 2196320 1218975 1218975 134616 67308 67308 25780 25780 6554 6554 28764 28764 148192 148192 63558 63558 104596 104596 42423 37724 4699 11658 11658 6085 6085 2096 2096 58 58 16353 16353 PROGRAM EXPENSES 785561 785561 FUNDRAISING EXPENSES, B 26249 26249 DUES & MEMBERSHIPS 7310 7310 POSTAGE 2822 2822 3500 3500 4831470 4200856 532358 98256 987937 498747 890544 876158 363861 390391 22177 22177 0 0 12500897 13442776 2209957 2401928 16953196 17610000 655493 680664 1188761 1082735 251732 274097 2095986 2037496 X 1823547 2412427 3976801 3978301 9056862 9181776 14857210 15572504 16953196 17610000 X -400858 928022 188130 X 0 1 X 1 0 X 2709886 4439306 4182484 3028752 3365834 17726262 2709886 4439306 4182484 3028752 3365834 17726262 7034444 10691818 400432 323194 1357400 387162 371552 2839740 83237 72621 78429 71301 305588 20871590 0.51230 0.47350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7027047 124061 791858 219320 36973 7686673 7020196 962239 -112673 811871 30844 7027047 7299277 51829 -43989 256217 30704 7020196 6198547 357434 910373 138096 28981 7299277 5169568 714312 487465 116147 56651 6198547 0.96500 0.03500 1 0 22177 22177 0 0 AGENCY SCHOLARSHIP FUNDS 274097 BENEFICIAL INT IN SPLIT INT AGREEMENTS 204327 BENEFICIAL INTEREST IN CCCS FUND 868739 BENEFICIAL INTEREST IN PERPETUAL TRUST 919793 BEQUEST & OTHER RECEIVABLE 120145 OTHER ASSETS 14827 2401928 AGENCY FUNDS HELD FOR SCHOLARSHIPS 274097 274097 X 4894690 928022 -463944 464078 4430612 0 4430612 4179395 0 4179395 652075 652075 4831470 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA TAX CODE. CONTRIBUTIONS TO THE FOUNDATION ARE DEDUCTIBLE FOR TAX PURPOSES UNDER SECTION 170(C)(2) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT INVOLVED IN ANY ACTIVITIES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. AS A RESULT, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE FOUNDATION EVALUATES UNCERTAIN TAX POSITIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2016, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 58,381. CHANGE IN VALUE OF PERPETUAL TRUST 29,620. CHANGE IN VALUE OF CCCS FUND 100,130. AMOUNTS REMITTED ON BEHALF OF SPECIFIED GROUPS -652,075. PART XII, LINE 4B - OTHER ADJUSTMENTS: AMOUNTS REMITTED ON BEHALF OF SPECIFIED GROUPS 652,075. SCHEDULE D, PART V, LINE 1A ENDOWMENT FUNDS WERE RESTATED TO RECLASSIFY BENEFICIAL INTERESTS IN PERPETUAL TRUST REPORTED AS OTHER ASSETS IN FORM 990, PART X, LINE 15 TO CONFORM WITH THE PRESENTATION IN THE CURRENT YEAR FINANCIAL STATEMENTS. 1 LONG BEACH COMMUNITY COLLEGE DISTRICT 4901 E CARSON ST LONG BEACH CA 90808 952654140 170(B)(1)(A)(II) 1544245 INSTITUTIONAL SUPPORT LBCC ASSOCIATE GROUPS 4901 E CARSON ST LONG BEACH CA 90808 652075 PROGRAM SUPPORT SCHOLARSHIPS 879 1218975 PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANTS FUNDS IN U.S. WHEN THE GRANT AWARDEE REQUESTS PAYMENT REGARDING THE EVENT OR PROJECT, THE REQUEST FORM AND ALL PROPER SIGNATURES, AUTHORIZATIONS, AND RECEIPTS PROVIDED IS REVIEWED BY THE FOUNDATION FOR APPROVAL. IT IS UNDERSTOOD THAT NO ALTERATION OR VARIATION OF THE TERMS OF THE AGREEMENT WILL BE ACCEPTED. IN ORDER FOR STUDENTS TO RECEIVE THEIR SCHOLARSHIP, THEY MUST PROVIDE THE SCHOLARSHIP OFFICE THEIR SCHEDULE OF CLASSES FOR VERIFICATION OF ENROLLMENT IN THE CORRECT NUMBER OF UNITS, HAVE APPROPRIATE GPA, AND ARE TAKING THE SPECIFIC COURSES AS REQUIRED BY THE SCHOLARSHIP. FORM 990, PART VI, SECTION A, LINE 2 JOHN HANCOCK IS THE FATHER OF DONNA HANCOCK ARTURO AGUAYO AND FIDEL AGUAYO ARE BROTHERS RICK DUREE IS THE FATHER OF MICHAEL DUREE JESSICA TIERNEY IS THE GRANDDAUGHTER OF JERRY GREEN FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DELEGATED TO THE FINANCE COMMITTEE REVIEW AND ENDORSEMENT OF THE FORM 990. THE LONG BEACH CITY COLLEGE FOUNDATION 990 SHALL BE DISTRIBUTED TO THE FINANCE COMMITTEE FOR ENDORSEMENT. IF IN THE INTEREST OF TIME, A MORE EXPEDIENT TIMELINE IS NEEDED, THE LONG BEACH CITY COLLEGE FOUNDATION EXECUTIVE COMMITTEE WILL APPROVE AND SIGN THE RETURN. AN ELECTRONIC COPY SHALL BE PROVIDED TO ALL BOARD MEMBERS, PRINTED COPIES ARE AVAILABLE UPON REQUEST. BOARD MEMBERS SHALL BE ASKED TO REVIEW AND SEND BACK ANY COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, GOVERNORS SIGN A CONFLICT OF INTEREST DISCLOSURE FORM. THE EXECUTIVE DIRECTOR AND THE PRESIDENT OF THE BOARD OF GOVERNORS REVIEW EACH DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE IS RESPONSIBLE FOR ESTABLISHING TERMS OF EMPLOYMENT AND ON A PERIODIC BASIS, REVIEW THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMPENSATION IS RECOMMENDED BY THE PERSONNEL COMMITTTE AND FINANCE COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE. FOUNDATION EMPLOYEES' SALARIES AND BENEFITS ARE REVIEWED BY THE FOUNDATION'S PERSONNEL COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION USES GUIDESTAR TO MAKE ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION IN ADDITION TO PROVIDING THEM UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE IN SPLIT INTEREST AGREEMENT 58,380. CHANGE IN VALUE IN PERPETUAL TRUST 29,620. CHANGE IN VALUE IN CCCS FUND 100,130. LONG BEACH COMMUNITY COLLEGE DISTRICT 4901 E CARSON ST LONG BEACH CA 90808 952654140 SECONDARY EDUCATION CA 501(C)(3) 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LONG BEACH COMMUNITY COLLEGE DISTRICT B 1544245 FV LONG BEACH COMMUNITY COLLEGE DISTRICT C 200000 FV