2023-05-10T13:37:23-05:00 2022-06-30 951777440 GREEN HASSON & JANKS LLP 700 SOUTH FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2021-07-01 956047779 THE SANTA MONICA COLLEGE FOUNDATION SANT 3104344215 1900 PICO BOULEVARD SANTA MONICA CA 90405 ELIZABETH A MOORE CEO/PRESIDENT 3104344215 2023-03-23 1 ELIZABETH MOORE 999009999 LIZBETH G NEVAREZ P01399868 3108731600 2023-03-13 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ELIZABETH A MOORE 1900 PICO BOULEVARD SANTA MONICA CA 90405 14307832 0 X WWW.SANTAMONICACOLLEGEFOUNDATION.ORG X 1956 CA PROVIDE SCHOLARSHIPS TO SANTA MONICA COLLEGE STUDENTS. 14 13 6 12 0 0 3726223 3077029 0 0 6399849 2541814 0 0 10126072 5618843 2324328 2602958 0 0 402172 372099 0 0 236694 407762 406931 3134262 3381988 6991810 2236855 35976689 31911000 156308 89594 35820381 31821406 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 1731603 1731603 0 STUDENT PROGRAMMING AND ASSISTANCE: SANTA MONICA COLLEGE'S STUDENT SERVICES PROGRAMS PROVIDE ONGOING EDUCATIONAL AND COUNSELING SUPPORT TO ITS STUDENTS. FROM 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 ACKNOWLEDGE OUTSTANDING ACHIEVEMENTS (PUBLIC POLICY SYMPOSIUMS). FURTHER, EMERGENCY RELIEF FOR STUDENTS EXPERIENCING UNFORESEEN HARDSHIP IS PROVIDED BY THE FOUNDATION'S ABILITY TO SECURE FUNDS.THE FOUNDATION ALSO PROVIDES FUNDS TO SUPPORT CAMPUS-WIDE ANNUAL EVENTS AT THE COLLEGE SUCH AS VIP DAY, COMMENCEMENT AND ONE-TIME CAMPUS-WIDE EVENTS SUCH AS GUEST LECTURERS. 871355 871355 0 SCHOLARSHIPS: IN AN EFFORT TO ELIMINATE FINANCIAL BARRIERS AND TO ENSURE ACADEMIC SUCCESS FOR SMC STUDENTS, THE FOUNDATION PROVIDED $871,355 IN 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. 162304 0 0 SANTA MONICA COLLEGE'S EMERITUS PROGRAM SERVES A POPULATION OF OLDER ADULTS WITH A RICH ARRAY OF COURSES, FREE OF CHARGE. WITH OVER 80 DIFFERENT CLASSES, THE EMERITUS PROGRAM ENGAGES NEARLY 3,000 STUDENTS FROM SANTA MONICA AND ACROSS THE LOS ANGELES BASIN, WHO ATTEND IN PERSON AND ONLINE, CONTINUING THEIR GOAL AS LIFELONG LEARNERS. THE FOUNDATION SERVES AS THE FUNDRAISING PARTNER TO THIS PROGRAM, SUPPORTING THEIR EFFORTS TO RAISE MONEY IN ORDER TO OFFSET THE COST OF THE PROGRAM NOT COVERED BY STATE FUNDING. AS SUCH, NECESSARY EXPENSES ARE DIRECTLY TIED TO THE SUPPORT AND STAFFING PROVIDED TO THE PROGRAM BY THE FOUNDATION. 2765262 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 14 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 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 MARGARET SOHAGI CHAIR 1.00 X X 0 0 0 SPRING ASPERS VICE CHAIR 1.00 X X 0 0 0 MARK IVENER TREASURER 1.00 X X 0 0 0 DEANNA HANSEN SECRETARY 1.00 X X 0 0 0 DON GIRARD DIRECTOR 1.00 X 0 0 0 DR TIFFANY GRUNWALD DIRECTOR 1.00 X 0 0 0 JAMES CASTRO DIRECTOR 1.00 X 0 0 0 DR KATHRYN E JEFFERY DIRECTOR 1.00 X 0 0 0 FRED KIPPERMAN DIRECTOR 1.00 X 0 0 0 WILLIAM D LIPPMAN DIRECTOR 1.00 X 0 0 0 DR AVA SHAMBAN DIRECTOR 1.00 X 0 0 0 MARK VERGE DIRECTOR 1.00 X 0 0 0 JAMES CASTRO DIRECTOR 1.00 X 0 0 0 ELIZABETH A MOORE CEO/PRESIDENT 40.00 X X 59375 176586 20058 CHERYL WARD DEVELOPMENT DIR. (UNTIL MARCH 2022) 40.00 X 138016 0 0 197391 176586 20058 1 0 1 0 PERRY CONSULTING GROUP 7607 WISCASSET DR WEST HILLS CA 91304 ACCOUNTING 132000 1 285058 2791971 18243 3077029 1486112 1486112 9744691 8688989 1055702 1055702 1055702 5618843 0 0 2541814 1731603 1731603 871355 871355 48127 11551 19732 16844 270359 99537 25662 145160 5200 1248 2132 1820 22849 5484 9368 7997 25564 6135 10481 8948 162500 162500 102763 102763 29663 11468 1471 16724 47067 11296 19297 16474 55034 13208 22564 19262 3483 836 1428 1219 518 124 213 181 MEMBERSHIPS & SUBSCRIPT 4465 1072 1831 1562 DONOR RELATIONS AND SPE 1438 345 590 503 3381988 2765262 380032 236694 744739 589724 174802 1079773 634331 563259 35175 38314 15612 15612 518 0 33231189 28685921 1155935 954009 35976689 31911000 156308 89594 156308 89594 X 2923928 2856139 32896453 28965267 35820381 31821406 35976689 31911000 X 2236855 -6079504 -156326 X 0 1 X 1 0 X 1252760 2247709 2955868 3726223 3077029 13259589 494069 458431 473455 393995 481647 2301597 1746829 2706140 3429323 4120218 3558676 15561186 1163385 14397801 830834 593683 805780 662129 1486112 4378538 19939724 0.72210 0.78100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16466539 563894 -1844208 755523 14430702 13360205 298225 3628708 820599 16466539 12022325 572510 1303479 538109 13360205 11543449 230232 791118 542474 12022325 10859334 188036 798062 301983 11543449 0.00000 0.83718 0.16282 0 0 15612 15612 0 0 X -238103 -6079504 481647 -156326 -5754183 5516080 102763 102763 5618843 3760872 481647 481647 3279225 102763 102763 3381988 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, 2022, 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 -148,838. CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST -7,488. 1 SANTA MONICA COLLEGE 1900 PICO BOULEVARD SANTA MONICA CA 90405 952767537 1731603 0 SUPPORT ALL DEPARTMENTS IN THE COLLEGE FOR VARIOUS STUDENT PROGRAMS AND ACTIVITIES. 1 STUDENT SCHOLARSHIPS 533 871355 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 59375 176586 0 0 0 0 0 0 0 20058 59375 196644 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 -148,838. CHANGE IN VALUE OF BENEFICIAL INTEREST IN -7,488. 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