2018-04-27T17:19:39-05:00 2017-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2016-07-01 954368250 THE LIBRARY FOUNDATION OF LOS ANGELES LIBR 2132287500 630 W FIFTH STREET LOS ANGELES CA 90071 KEN BRECHER PRESIDENT 2132287500 2018-04-27 1 DONITA M JOSEPH P00286656 5624351191 2018-04-24 65.255.208.162 2018-04-27 12:38:24 PD P F52DBF746AEF27A6F5A29B05034116E98E4214DC 67AA4D10B4953E6C54F085B750D1DA762B4DC1E3 2016 2021-01-29 14:40:06Z KEN BRECHER 630 W FIFTH STREET LOS ANGELES CA 90071 16244972 0 X WWW.LFLA.ORG X 1992 CA TO SUPPORT THE LOS ANGELES PUBLIC LIBRARY. 50 49 61 10 0 0 6990277 7096508 50296 94904 482218 635506 5128 236815 7527919 8063733 0 23482 0 0 4125004 4142544 0 0 869571 2305880 2639167 6430884 6805193 1097035 1258540 39944721 45445188 485990 625016 39458731 44820172 X THE FOUNDATION SUPPORTS AND ENRICHES THE CAPABILITIES, RESOURCES, AND SERVICES OF THE LOS ANGELES PUBLIC LIBRARY THROUGH FUNDRAISING, ADVOCACY, AND INNOVATIVE PROGRAMS THAT BENEFIT THE DIVERSE COMMUNITY AND PROMOTE GREATER AWARENESS OF THE LIBRARY'S VALUABLE RESOURCES. 0 0 1864747 INVESTING IN LIFELONG LEARNINGTHE LOS ANGELES PUBLIC LIBRARY BUILDS LIFELONG LEARNING AMONG ANGELENOS THROUGH ALL 73 BRANCHES ACROSS COMMUNITIES IN LOS ANGELES. IN PARTNERSHIP WITH LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS, WE ARE HELPING INDIVIDUALS IN MULTIPLE AREAS OF LEARNING FROM OUR FULL STEAM AHEAD PROGRAM THAT INTEGRATES SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH THROUGH FUN AND ENGAGING EXPERIENTIAL LEARNING OPPORTUNITIES TO CYBERNAUTS WHICH HELPS THOUSANDS OF LIBRARY PATRONS EVERY WEEK IN LOW-INCOME COMMUNITIES LEARN HOW TO ACCESS THE LIBRARY'S DIGITAL RESOURCES AND OPERATE TECHNOLOGY TO FURTHER THEIR PERSONAL GOALS. THE LIBRARY FOUNDATION SUPPORTS EVERY ANGELENO HAVING A HANDS-ON OPPORTUNITY TO COMPREHEND THE EVER-CHANGING TECHNOLOGY LANDSCAPE. 2082698 23482 94904 ENGAGING THE IMAGINATIONTHE LIBRARY HAS A HISTORY OF ENGAGING THE IMAGINATION AND WE CONTINUE THAT TRADITION BY BRINGING HUNDREDS OF ESTABLISHED AND EMERGING AUTHORS, POETS, JOURNALISTS, ACADEMICS, AND ARTISTS FOR PUBLIC CONVERSATIONS THROUGH OUR PUBLIC PROGRAMS INCLUDING THE ALOUD SERIES, LOST & FOUND AT THE MOVIES, THE WRITER'S CUT, WRITING SEMINARS, AND MORE. THIS YEAR, WE LAUNCHED THE NEW EXHIBITION VISUALIZING LANGUAGE: OAXACA IN L.A. AT THE CENTRAL LIBRARY, WHICH GARNERED WIDE RANGING MEDIA ATTENTION, THROUGH MAJOR FUNDING FROM THE GETTY FOUNDATION THROUGH THEIR PACIFIC STANDARD TIME: LA/LA INITIATIVE. WE ALSO COMPLETED THE NEW DIGITAL COMMONS IN THE LOWER LEVEL FLOOR OF THE CENTRAL LIBRARY WHICH ALLOWS PATRONS TO PLUG-IN TO THE VARIOUS ELECTRONIC RESOURCES THE LIBRARY HAS TO OFFER. 1284658 HELPING STUDENTS SUCCEEDHUNDREDS OF THOUSANDS OF STUDENTS USE THE LIBRARY TO COMPLETE SCHOOL ASSIGNMENTS, PARTICIPATE IN ACTIVITIES, CONDUCT RESEARCH, USE LIBRARY RESOURCES, AND SOCIALIZE. THROUGH PROGRAMS LIKE SUMMER AT THE LIBRARY, PATRONS ARE ENCOURAGED TO READ AND PARTICIPATE IN ENRICHMENT ACTIVITIES WHICH INCLUDE VISITS FROM RENOWNED CHILDREN'S AUTHORS AND READING CHALLENGES TO HELP PREVENT SUMMER SLIDE AS WELL AS PROVIDING FREE LUNCH TO CHILDREN AGE 5 TO 18 YEARS' OLD WHO MAY NOT OTHERWISE HAVE LUNCH OPTIONS. LIVE HOMEWORK HELP AND STUDENT SMART ALSO PROVIDE STUDENTS WITH ON-DEMAND TUTORING AND PREPARATION FOR COLLEGE. 5232103 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 198 0 1 61 1 0 0 0 0 0 1 1 0 0 0 0 X 50 49 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X THERESA MORRISON CFO 2132287500 630 W FIFTH STREET LOS ANGELES CA 90071 CARLA CHRISTOFFERSON CHAIR 2.00 X X 0 0 0 GWEN MILLER VICE-CHAIR 2.00 X X 0 0 0 CRAIG BURGER TREASURER 2.00 X X 0 0 0 TOM GEISER SECRETARY 2.00 X X 0 0 0 NADIA ALLAUDIN DIRECTOR 1.00 X 0 0 0 ROBERT ALVARADO DIRECTOR 1.00 X 0 0 0 DEBI BISHTON DIRECTOR 1.00 X 0 0 0 ANN BOYD DIRECTOR 1.00 X 0 0 0 BRENDON CASSIDY DIRECTOR 1.00 X 0 0 0 ERIC CHAVES DIRECTOR 1.00 X 0 0 0 ROBERT CHICK DIRECTOR 1.00 X 0 0 0 JOHN COOKE DIRECTOR, EMERITUS 1.00 X 0 0 0 THOMAS CRAHAN DIRECTOR 1.00 X 0 0 0 ROBERT DAWSON DIRECTOR 1.00 X 0 0 0 MARK EASTON DIRECTOR 1.00 X 0 0 0 MONA EHRENREICH DIRECTOR 1.00 X 0 0 0 KATHRYN EIDMANN DIRECTOR 1.00 X 0 0 0 AMANDA FAIREY DIRECTOR 1.00 X 0 0 0 MARK HANDLER DIRECTOR 1.00 X 0 0 0 SAMANTHA HANKS DIRECTOR 1.00 X 0 0 0 DEAN HANSELL DIRECTOR 1.00 X 0 0 0 DUSTIN HEALEY DIRECTOR 1.00 X 0 0 0 MARK HUTCHINS DIRECTOR 1.00 X 0 0 0 CATHERINE HUTTO-GORDON DIRECTOR 1.00 X 0 0 0 DARREN JACKSON DIRECTOR 1.00 X 0 0 0 MICHAEL JONES DIRECTOR 1.00 X 0 0 0 JUDITH KAMINS DIRECTOR 1.00 X 0 0 0 PATRICIA KAO DIRECTOR 1.00 X 0 0 0 MICHAEL KELLEY DIRECTOR 1.00 X 0 0 0 ALLEN KIRSCHENBAUM DIRECTOR 1.00 X 0 0 0 MAI LASSITER DIRECTOR 1.00 X 0 0 0 MIKE LINDSEY DIRECTOR 1.00 X 0 0 0 ATTICA LOCKE DIRECTOR 1.00 X 0 0 0 TERYL MURABAYASHI DIRECTOR 1.00 X 0 0 0 NICOLE NEEMAN BRADY DIRECTOR 1.00 X 0 0 0 BERNARD PARKER DIRECTOR 1.00 X 0 0 0 JOHN PEER DIRECTOR 1.00 X 0 0 0 DAVID ROSENBLUM DIRECTOR 1.00 X 0 0 0 LORETTA SAVERY DIRECTOR 1.00 X 0 0 0 AMRITA SEN DIRECTOR 1.00 X 0 0 0 LOUISA SHIPNUCK DIRECTOR 1.00 X 0 0 0 RACHEL SMALL DIRECTOR 1.00 X 0 0 0 KIM SONNENBLICK DIRECTOR 1.00 X 0 0 0 LINDSEY SPINDLE DIRECTOR 1.00 X 0 0 0 KAREN STEVENSON DIRECTOR 1.00 X 0 0 0 SHARON TOMKINS DIRECTOR 1.00 X 0 0 0 JC WILEMAN DIRECTOR 1.00 X 0 0 0 MASAHIKO MATT YAMAGUCHI DIRECTOR 1.00 X 0 0 0 STEPHANIE YONEKURA DIRECTOR 1.00 X 0 0 0 JOHN F SZABO CITY LIBRARIAN 2.00 X 0 0 0 ERIC GARCETTI MAYOR OF LOS ANGELES 1.00 X 0 0 0 KENNETH BRECHER PRESIDENT 60.00 X X 440000 0 47582 REBECCA SHEHEE VICE PRESIDENT 60.00 X 227622 0 21526 THERESA MORRISON CHIEF FINANCIAL OFFICER 60.00 X 152468 0 18816 820090 0 87924 3 0 1 0 TUTORCOM PO BOX 200599 PITTSBURGH PA 15251 ONLINE TUTORING SERVICE 320000 MANAGED CAREER SOLUTIONS INC 3333 WILSHIRE BOULEVARD SUITE 405 LOS ANGELES CA 90010 STAFFING FOR PROGRAM SERVICES 296025 CALASIA CONSTRUCTION INC 3050 FLETCHER DRIVE LOS ANGELES CA 90065 REMODEL/RENOVATION 271987 POWERMYLEARNING INCCFY 520 8TH AVENUE 10TH FLOOR NEW YORK NY 10018 STAFFING FOR PROGRAM SERVICES 189794 4 X 809672 460943 20000 5805893 97981 7096508 READING ALOUD PROGRAM 900099 94904 94904 94904 555293 555293 7474679 15000 7404200 5266 70479 9734 80213 80213 483023 460943 216167 266856 266856 525565 555606 -30041 -30041 8063733 94904 0 872321 X 23482 23482 831891 313512 82433 435946 2854655 2391138 230971 232546 77363 42996 17061 17306 191596 106483 42254 42859 187039 103950 41249 41840 35804 35804 95052 95052 23188 23188 278815 265831 12984 187031 25100 62857 99074 13941 9399 4542 50730 29082 21648 28360 28360 3631 3631 SEMINARS, EXHIBITS, AND 1117932 1117932 EVENTS 395928 395928 LIBRARY BOOKS 143963 143963 COMPUTER EQUIPMENT 135350 133865 1485 129442 129442 6805193 5232103 703519 869571 236180 325393 225052 51001 1891975 1554192 123167 136625 742999 206603 584680 536396 35286567 41333372 1089505 988384 507595 519825 39944721 45445188 97159 98249 388831 526767 485990 625016 X 16868700 19677430 9131318 10164029 13458713 14978713 39458731 44820172 39944721 45445188 X 1258540 4076901 26000 X 0 1 X 1 0 X 7276399 5186308 5922813 6990277 7096508 32472305 7276399 5186308 5922813 6990277 7096508 32472305 5885410 26586895 765856 945678 664315 559665 555293 3490807 35963112 2736737 0.73930 0.77590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34487342 1529100 4581389 1256755 39341076 34651259 2012250 -1017491 1158676 34487342 34451439 995870 242130 1038180 34651259 29865748 600000 4947605 961914 34451439 24641986 2850000 3214095 840333 29865748 0.44000 0.38000 0.18000 0 0 742999 206603 536396 536396 X 12789322 4076901 162134 26000 4265035 8524287 95052 -555606 -460554 8063733 7427881 162134 555606 717740 6710141 95052 95052 6805193 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT A VARIETY OF PURPOSES INCLUDING LITERACY, EDUCATION, AND HUMANITIES. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING CALIFORNIA REVENUE AND TAXATION CODE SECTIONS. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION, 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. THE FOUNDATION 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN VALUE OF CHARITABLE REMAINDER TRUSTS 26,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: LIBRARY STORE EXPENSES -555,606. PART XII, LINE 2D - OTHER ADJUSTMENTS: LIBRARY STORE EXPENSES 555,606. SCHEDULE D, PART V, LINE 1E THE LFLA HAS A BOARD APPROVED INVESTMENT PORTFOLIO POLICY STATEMENT IN PLACE FOR APPROPRIATING ENDOWMENT EXPENDITURES RANGING FROM 4% TO 6% OF THE GENERATED EARNINGS FROM THE ENDOWMENT FUND. THIS YEAR, THE FOUNDATION APPROPRIATED 4% (1,256,755) FROM THE UNRESTRICTED AND TEMPORARILY RESTRICTED ENDOWMENTS TO SUPPORT AND FUND THE FOUNDATION'S PROGRAMS AND OPERATIONS. 1 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION GRANTMAKING 17750 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION GRANTMAKING 5732 0 0 0 0 0 0 23482 0 23482 TRAVEL STIPENDS AND PROGRAM EXPENSES FOR VARIOUS OAXACAN ARTISTS NORTH AMERICA 4 17750 CHECK AND/OR INTERNATIONAL WIRE SCHOLARSHIPS AND TRAVEL STIPENDS EUROPE (INCLUDING ICELAND & GREENLAND) 3 5732 CHECK 0 0 0 0 0 0 PART I, LINE 2: LIBRARY FOUNDATION OF LOS ANGELES (LFLA) STAFF MONITORS AND PROVIDES FISCAL MANAGEMENT FOR ALL LFLA-SUPPORTED PROJECTS. IN INSTANCES WHEN AN LFLA-SUPPORTED PROGRAM USES A VENDOR OUTSIDE OF THE U.S., LFLA STAFF DETERMINES COMPLIANCE WITH ALL REPORTING AND TAX LAWS. LFLA PAYS VENDORS OUTSIDE OF THE U.S. VIA CHECK OR INTERNATIONAL WIRE TRANSFER USING THE SAME CASH DISBURSEMENT AND INVOICE PROCESSING POLICIES AS DESCRIBED IN THE INTERNAL CONTROL NARRATIVE. ALL ORIGINAL RECEIPTS ARE SENT BY THE VENDOR TO LFLA WITH THE REQUEST FOR PAYMENT. QUARTERLY, LFLA PERSONNEL REVIEW PROGRAM OR PROJECT EXPENDITURES COMPARED TO THE APPROVED BUDGET ASSOCIATED WITH THE GRANT AWARD. LFLA STAFF, INCLUDING A REPRESENTATIVE FROM THE ACCOUNTING DEPARTMENT, REVIEW FINANCIAL REPORTS AND DISCUSS VARIANCES MORE THAN 10% WITH THE VP OF ADVANCEMENT; THEY ALSO DOCUMENT AND EXPLAIN SUCH DIFFERENCES IN THE FINAL FINANCIAL REPORT TO THE AUDIT AND EXECUTIVE COMMITTEES AND THE BOARD. LFLA STAFF ALSO SUBMITS A NARRATIVE REPORT DETAILING PROJECT ACTIVITIES AND ACCOMPLISHMENT UPON PROJECT COMPLETION. LITERARY CELEBRATION 624780 315065 309715 12597 39507 16637 34027 YOUNG LITERATI TOASTS 189748 145878 43870 36186 36398 1870 2346 2 129438 129438 36599 943966 460943 483023 48783 75905 18507 72972 216167 266856 1 X X X X X X 0 0 0 0 0 0 0 0 0 KENNETH BRECHER PRESIDENT 280000 0 160000 0 0 0 12850 0 34732 0 487582 0 0 0 REBECCA SHEHEE VICE PRESIDENT 152622 0 75000 0 0 0 7106 0 14420 0 249148 0 0 0 THERESA MORRISON CHIEF FINANCIAL OFFICER 132468 0 20000 0 0 0 5691 0 13125 0 171284 0 0 0 X 11 97201 FMV X TRAVEL MILES 1 780 FMV 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE MEETS WITH THE RETURN PREPARERS TO REVIEW THE DRAFT 990, ASK QUESTIONS, AND SUGGEST REVISIONS (USUALLY AT THE JANUARY BOARD AND COMMITTEE MEETINGS). THE DRAFT 990 IS SENT TO ALL BOARD MEMBERS. THEY ARE INVITED TO SPEAK WITH THE AUDIT COMMITTEE MEMBERS AND TAX PREPARERS, IF THEY SO WISH. THE CFO AGAIN REVIEWS THE 990 (USUALLY IN MARCH OR APRIL) WITH REVISIONS, IF ANY, BEFORE FILING. UPON REQUEST, THE CFO WILL ALSO MEET WITH INDIVIDUAL BOARD MEMBERS TO ANSWER ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO: 1) VOTING MEMBERS OF THE BOARD OF DIRECTORS, 2) OFFICERS AS DEFINED IN THE FOUNDATION'S BYLAWS; OR 3) AN EMPLOYEE OF THE FOUNDATION WITH A SIGNIFICANT DECISION-MAKING ROLE IN THE AFFAIRS OF THE OPERATIONS OF THE FOUNDATION, ON AN ANNUAL BASIS. THE DIRECTORS, OFFICERS OR EMPLOYEES ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS THAT MAY LEAD TO CONFLICTS OF INTEREST AND MUST SIGN AND RETURN THE POLICY EVERY YEAR. THIS LAST CONPREHENSIVE REVIEW AND UPDATE TO THIS POLICY WAS COMPLETED IN 2015. FORM 990, PART VI, SECTION B, LINE 15 AN AD HOC COMMITTEE OF THE BOARD'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE PRESIDENT. THE COMMITTEE SURVEYS MANY OTHER COMPARABLE ORGANIZATIONS AS WELL AS CONSULTS INDEPENDENT FIRMS TO DETERMINE A FAIR COMPENSATION. THE AMOUNTS DETERMINED ARE THEN TAKEN TO THE 12 MEMBER EXECUTIVE COMMITTEE FOR APPROVAL. IN 2016-2017, THE ORGANIZATION ISSUED A COMPREHENSIVE REQUEST FOR PROPOSAL FOR A COMPENSATION AND BENEFITS STUDY. VIVIENT CONSULTING WAS HIRED IN AUGUST 2017 AND AN OVERVIEW OF THE PROJECT WAS PROVIDED TO THE EXECUTIVE COMMITTEE IN OCTOBER 2017. THE STUDY WAS COMPLETED IN FY 2017-2018 AND A REPORT ISSUED. A COPY OF THIS REPORT CAN BE OBTAINED FROM THE CHAIR OF OUR BOARD, GWEN MILLER, OR FROM: 400 CONTINENTAL BOULEVARD, 6TH FLOOR, EL SEGUNDO, CA 90245 CONTACT: SUSAN SCHROEDER, SSCHROEDER@VIVIENT.COM. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AS WELL AS THE FORM 990 AND THE IRS DETERMINATION LETTER ARE AVAILABLE VIA THE ORGANIZATION'S WEBSITE, WWW.LFLA.ORG, UNDER THE "ABOUT" SECTION, UNDER "NEWSROOM/DOCUMENTS" SECTION OF THE WEBSITE AND LOOK FOR "AUDITED FINANCIAL STATEMENTS AND "IRS FORM 990 AND "IRS DETERMINATION LETTER". THOSE DOCUMENTS, AS WELL AS OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE MAIN OFFICE OF THE ORGANIZATION. FORM 990, PART VIII, LINE 10B COST OF GOODS SOLD INCLUDES ALL COSTS OF OPERATING THE LIBRARY STORE. FORM 990, PART I, LINE 8; PART VIII, LINE 1F; PART X, LINE 3 2017 ADDITIONAL ENDOWED GIFTS DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $1,500,000 FOR THE FUTURE LEADERS ENDOWMENT FOR A TOTAL OF $2,500,000. THIS ENDOWMENT WAS ESTABLISED FOR THE PURPOSE OF ENHANCING THE LOS ANGELES PUBLIC LIBRARY'S (LAPL) CHILDREN AND TEEN SUMMER READING PROGRAM BY BRINGING NOTED AUTHORS TO BRANCHES AS WELL AS CREATING A CIVICS ENGAGEMENT PROGRAM THAT WILL ENHANCE LAPL'S 45 TEEN COUNCILS. DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED TWO ADDITIONAL GIFTS OF $117,250 AND $9,100 FOR THE VICTORIA E. FOOTE ENDOWMENT FOR A TOTAL OF $3,101,350. THIS ENDOWMENT WAS ESTABLISHED FOR THE AREA OF GREATEST NEED WITHIN THE CONSTELLATION OF PROGRAMS THAT HELP STUDENTS SUCCEED IN THEIR EDUCATIONAL PURSUITS. DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $25,000 FOR THE CLARE PATTERSON HUTOO ENDOWMENT FOR A TOTAL OF $150,000. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LOS ANGELES PUBLIC LIBRARY'S LIVE HOMEWORK PROGRAM. DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $10,000 FOR THE LYNN STRASBURG MILLER ENDOWMENT FOR A TOTAL OF $70,000. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LOS ANGELES PUBLIC LIBRARY'S STUDENT ZONES PROGRAM. DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN ADDITIONAL GIFT OF $10,000 FOR THE DEAN HANSELL ENDOWMENT FOR A TOTAL OF $30,000. THIS ENDOWMENT WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LOS ANGELES PUBLIC LIBRARY'S ADULT LITERACY PROGRAM. 2016 ENDOWMENTS ESTABLISHED DURING THE YEAR ENDED JUNE 30, 2016, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED A GIFT OF $1,000,000 TO ESTABLISH THE EDYTHE BROAD TECHNOLOGY FUND FOR STUDENTS IN HONOR OF EDYTHE'S 80TH BIRTHDAY. THE PURPOSE OF THIS ENDOWMENT IS TO ENSURE STATE-OF-THE-ART COMPUTERS, LAPTOPS, TABLETS AND PRINTERS ARE AVAILABLE TO YOUNG PEOPLE AT THE 38 STUDENT ZONES OF THE LOS ANGELES PUBLIC LIBRARY. ALL THESE GIFTS ARE PERMANENTLY RESTRICTED AND ONLY EARNINGS FROM THESE FUNDS ARE DESIGNATED TO SUPPORT THESE PROGRAMS. 2017 BEQUEST DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST, FROM THE ESTATE OF RUTH RALPH, TOTALING $1,538,970 FOR GENERAL, UNRESTRICTED SUPPORT. 2017 BEQUEST DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST, FROM THE ESTATE OF NINA BYERS, TOTALING $77,343 FOR GENERAL, UNRESTRICTED SUPPORT. 2017 BEQUEST DURING THE YEAR ENDED JUNE 30, 2017, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED A RESTRICTED BEQUEST, FROM THE ESTATE OF BARBARA TOOHEY, TOTALING $110,000 FOR THE PURPOSE OF SUPPORTING THE ORGANIZATION. PART VIII THE FOUNDATION OPERATES A GIFT STORE LOCATED IN THE HISTORIC LOS ANGELES CENTRAL LIBRARY. THE LIBRARY STORE WAS REMODELED IN 2016, AFTER 18 YEARS, IN ORDER TO REFRESH THE APPEARANCE AND BRING IT INTO FULL ADA COMPLIANCE. THE LIBRARY STORE SALES SUPPORT THE LOS ANGELES PUBLIC LIBRARY. FORM 990, PART IX, LINE 7 OTHER SALARIES AND WAGES ALSO INCLUDE ADULT LITERACY COORDINATORS, COMPUTER AIDES, AND ALL STAFF NECESSARY TO CARRY OUT PROGRAM SERVICES WITHIN THE 72 BRANCHES OF THE LOS ANGELES PUBLIC LIBRARY SYSTEM. 990, PART IX, LINE 12 MARKETING AND PROMOTIONAL COSTS OF $278,815 INCLUDE ADVERTISING AND COLLATERAL MATERIALS FOR PROGRAMS OFFERED TO THE PUBLIC SUCH AS SIGNAGE, POSTERS, FLYERS, BOOKMARKS, BROCHURES, BOOK BAGS, AND GAME BOARDS, DISTRIBUTED THROUGH SCHOOLS, COMMUNITY ORGANIZATIONS, AND BRANCH LIBRARIES. FORM 990, PART XI, LINE 9: CHANGES IN VALUE OF CHARITABLE REMAINDER TRUSTS 26,000.