2025-05-15T17:39:51-05:00 2024-06-30 320577874 Allworth Tax Solutions 340 Palladio Parkway Ste 501 Folsom CA 95630 990 2023-07-01 710942040 Las Positas College Foundation LASP 9254241010 3000 Campus Hill Drive Livermore CA 945517623 Kenneth Cooper Executive Director 9254241010 2025-05-15 1 1 Allworth Tax Solutions P01730806 9256852911 2025-05-15 2023 2025-03-06 01:10:19Z Kenneth Cooper 3000 Campus Hill Drive Livermore CA 945517623 1514734 0 X www.lpcfoundation X 2003 CA The mission of the Organization is to support and advance the college and its students. 13 13 0 13 0 0 461938 639592 0 0 387383 368705 0 190 849321 1008487 413479 269577 0 0 183298 182574 0 0 37954 336893 374231 933670 826382 -84349 182105 10143069 11018266 183831 45147 9959238 10973119 X To support and advance the College and its students through active resource development and effective community partnerships. 0 0 612179 269577 The LasPositas College Foundation believes that affordable, high-quality education and career training are essential to the prosperity of the Tri-Valley and its residents. Because state funding rarely covers all student and program needs, the Foundation's Board actively secures additional resourcesgifts, bequests, grants, and strategic partnerships with local businesses and organizationsto bridge the gap.A California community college education remains an exceptional value at just $46 per credit. Yet the actual cost of college includes childcare, transportation, and lost work or family time. Textbooks are the most visible extra expense: a single book can exceed $100and sometimes $400driving some students to go without required materials or, worse, withdraw from classes.Scholarships are, therefore, critical. The Foundation awards need and merit-based scholarships each year, with specialized awards for re-entry students, first-generation scholars, STEM majors, and veterans.In addition to scholarships, the Foundation funds programs that enrich teaching and learning and strengthen student success, such as:Scholarships: One of the primary missions of the Foundation is to provide scholarships. To date, over $2 million has been awarded to deserving students. The largest endowed fund comprises the Mertes Scholarships for Performing Arts, Transfer, Allied Health, and Athletics. In 2024, we received over $330,000 in planned gifts, resulting in two new scholarship endowments.Teaching and Learning Initiatives: Staff Development Faculty Enriched Programs Student Government Textbook Loaner Program Continued support for Math Jam, Sandia Science Bowl, and collaboration with Umoja and Puente learning communities President's Scholars ProgramEmerging Science Programs: Sandia Science Bowl Collaboration with the Puente program on STEM projects Lawrence Livermore National Laboratories Internship Program for LPC Veteran Students STEM Grant for Marilyn Ave. Elementary SchoolAthletics: Awarded over $10,000 in scholarship awards to deserving male & female student-athletes on the LPC Basketball teams.Performing Arts: The Foundation supports the LPC Performing Arts Program through grants and special fundraising, including donor/community partner cultivation. Scholarships and awards are provided for performing arts students continuing their studies at LPC or transferring to a four-year college. Veteran Student Support: The Foundation strongly supports veterans enrolled at LPC. The Veterans Resource Center provides wrap-around services such as textbook and laptop programs, tutoring, scholarship assistance, counseling, and help with jobs and housing. The Foundation offers fiscal and donor management support related to special events. Literary and Performing Arts:The LPC Foundation provides fiscal and donor management support for: LPC Express student newspaper Campus and Community focused Literary Magazine, Anthology, and Naked Magazine. Literary Arts Festival Las Po Film Festival Theater Performances of Drama, Dance, and Music Black History Month Programming and Activities Award-winning Speech and Debate TeamTutoring: The award-winning LPC Math Jam program helps students reach their goals and is offered at no cost. The Foundation also supports the RAW Center for student assistance in reading and writing. Textbook Assistance: The Foundation supports a free textbook rental program to help students reduce the cost of college attendance. Athletics: Two scholarships are designated for male and female students in the basketball program. The Foundation also assists the department with fundraising infrastructure needs.Teaching and Learning Initiatives: The Foundation provides funding for innovative teaching and learning projects to the faculty and staff of Las Positas College. These Grants support student success, teaching and learning effectiveness, and campus community development.Diversity, Inclusion, and Anti-Racism Efforts:The Foundation continues to partner with the College President's Office on the President's Speaker Series. In 2024, the series was integral to the campus's strategic efforts related to diversity, inclusion, anti-racism, and caring campus initiatives. Support for Students with Children: The Foundation provides scholarships for children of Las Positas College students to attend the LPC Early Childhood Development Center. Parents can reach their educational goals knowing their children are in a high-quality preschool program. 612179 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 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 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X The Organization 9254241014 3000 Campus Hill Drive Livermore CA 945517623 Stephen Lanza Immediate Past-Chair 2.00 X X 0 0 0 Kirsten Barranti Chair 2.00 X X 0 0 0 Timothy Cooper Treasurer 2.00 X X 0 0 0 Dyrell Foster Secretary 2.00 X X 0 0 0 Sean Brooks Director 2.00 X 0 0 0 Lynn Seppala Director 1.00 X 0 0 0 Jim Ott Director 2.00 X 0 0 0 Bradley Dyer Director 1.00 X 0 0 0 Lori Souza Director 1.00 X 0 0 0 Barry Russell Director 1.00 X 0 0 0 Cynthia Ross Vice Chair 1.00 X 0 0 0 Monica Davila Director 1.00 X 0 0 0 Michelle Walker-Wade Director 1.00 X 0 0 0 Kenneth Cooper Executive Director 40.00 X 44982 147374 34881 44982 147374 34881 0 0 1 0 0 6004 10000 623588 22609 639592 309512 309512 565440 506247 59193 59193 59193 190 6004 0 190 190 1008487 0 0 368895 33750 33750 235827 235827 50180 12545 22581 15054 73134 36567 36567 59260 24019 24266 10975 48065 20201 27864 65016 55072 9385 559 15566 8793 1812 4961 6879 4508 1619 752 35352 350 33394 1608 4575 4575 25412 13605 11708 99 520 520 Student activities 124431 124431 Program events & suppli 46463 42497 1080 2886 Bank charges 1952 14 878 1060 826382 612179 176249 37954 449664 609267 6510 7198 9686895 10401801 10143069 11018266 50649 45147 133182 183831 45147 X 87711 96192 9871527 10876927 9959238 10973119 10143069 11018266 182105 831776 0 X 1 X 0 0 0 X 1148574 620946 400029 461938 639592 3271079 1148574 620946 400029 461938 639592 3271079 1033288 2237791 254979 218457 239570 209306 359101 1281413 4552492 0.49160 0.43090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8664216 1053136 112667 177034 9427651 8238435 848000 223284 198935 8664216 9820257 -1106332 317637 157853 8238435 7174745 339500 2837493 405185 126296 9820257 7399764 650000 -694001 88633 92385 7174745 0.72200 0.27800 1 0 0 X Part V, Line 4: The Foundation participates in the California Community Colleges Scholarship Program through the Foundation for California Community Colleges (FCCC). This program challenged community colleges and their related foundations to raise additional contributions to be designated as part of a permanent endowment for the FCCC's Osher Scholarship Endowment. At June 30, 2024, $367,670 was held as net assets with donor restrictions. These funds are not in the possession of the organization and are being held by the Foundation for California Community Colleges. Between 2017 and 2021, the Foundation received bequest funds from the Mertes Family Trust. The funds were used to establish three Mertes scholarship endowments to offer scholarships to students in the Allied Health Field, Performing Arts, and also to offer scholarships to students transferring to four-year institutions with any major. At June 30 ,2024, the value of the restricted funds was $9,059,951. Part X, Line 2: Each year management considers whether any material tax position the Foundation has taken is more likely than not to be sustained upon examination by the applicable taxing authority. Management believes that any positions the Foundation had taken are supported by substantial authority and, hence, do not need to be measured or disclosed in the finanical statments. 1 CLPCCD 7600 Dublin Blvd Dublin CA 94568 501(c)(3) 7054 0 Veterans Silver Star Spouse/Childcare Scholarship FOLLET HIGHER EDUCATION PO Box 3488 Oak Brook IL 60522 501(c)(3) 5586 0 Presidential Scholarship Expenses LPCCDC 3000 Campus Hill Dr Livermore CA 94551 501(c)(3) 16110 0 2Gen Fund Scholarships 4 Student Scholarships 140 215367 Program Support Grants 11 20460 0 0 0 0 0 0 0 0 0 Kenneth Cooper Executive Director 44982 147374 0 0 0 0 0 0 8131 26750 53113 174124 0 0 Part I, Line 3 All salaries, including executive director compensation, are paid through the College, the related organization. The College follows internally established guidelines to determine executive compensation. Salaries are then reviewed and approved by the Board. The Foundation issues partial reimbursements to the College for wages and related benefit expenses. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the finance committee and the treasurer and submitted to the board for approval prior to being filed. Form 990, Part VI, Section B, line 12c The conflict of interest code is updated by each board member on an annual basis. Form 990, Part VI, Section B, line 15 Management is paid on a scale in line with that of the college salary scale. Salaries are determined by the college and approved by the board. Actual payroll is paid through the college and the organization reimburses the college for salary expenses. As a result, no W-2s were issued by the Foundation. Form 990, Part VI, Section C, line 19 All governing documents, conflict of interest policy, financial statements and the Form 990 are available at the Organization's offices upon request. Las Positas College 3000 Campus Hill Drive Livermore CA 94551 941670563 CA School 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0