2017-03-22T14:28:24-05:00 2016-06-30 MKR ACCOUNTING 6927 Saroni Drive Oakland CA 94611 990 2015-07-01 710942040 Las Positas College Foundation LASP 9254241010 3000 Campus Hill Drive Livermore CA 945517623 Marti Sutton Treasurer 9254241010 2017-03-22 1 P01023106 5103380692 X 2015 2021-01-29 14:40:06Z Kenneth Cooper 3000 Campus Hill Drive Livermore CA 945517623 1038407 0 X www.lpcfoundation X 2003 CA The mission of the Organization is to support and advance the college and its students. 17 17 0 183 0 0 495341 942438 0 13678 34054 38890 -21680 -43375 507715 951631 262211 326055 0 0 115000 114999 0 0 54599 161096 217203 538307 658257 -30592 293374 1441136 1760599 32436 117660 1408700 1642939 X To support and advance the College and its students through active resource development and effective community partnerships. 0 0 482224 326055 13678 The Foundation believes that affordable, high-quality education is critical to the success of the Tri-Valley; it also realizes that such education is not guaranteed through traditional, state funding. Accordingly, the Members of the Board are dedicated to pursuing alternative support for the College through grants, direct investments, and in-kind gifts from local businesses, industries and individuals.In this era of diminished public support, myriad aspects of a full, meaningful and attainable college experience, from drama, dance and forensics to student scholarships and staff professional development, have come to be considered almost "extras." Many vital and significant LPC activities and programs are not funded by tuition or the State of California. The basic cost of a California community college education is a remarkable bargain for students wishing to prepare for transfer to a four-year institution or for those who want career technical instruction. Class fees for residents are just $46 per credit. In actuality, however, the true actual and emotional costs of higher education must also include child care, transportation, and lost work and family time. Far and away the most easily quantified additional costs are for supplies, principally textbooks. A single text often costs in excess of $100 and can exceed $400. Sadly, these "extra" costs can force some students to attempt to take classes without a textbook or, worse, drop out of college. Making scholarships available to Las Positas College students is critical to their success. Each year the Las Positas College Foundation makes grants available to students based on need and/or academic achievement. Scholarships are most often offered to any student who qualifies but some are focused on special types of students. The most compelling cohort of the latter group is returning veterans - a population that has shown remarkable growth in the past several years.Beyond direct aid to students in the form of scholarships, The Las Positas College Foundation supports a broad array of programs that enhance the learning and collegiate experience of its students and ability of its faculty to be more effective. Examples of these other types of support are:Literary and Performing Arts:-LPC Express student newspaper -Campus and Community focused Literary Magazine, Anthology and feature magazine, Naked-Theater Performances of Drama, Dance and Music -Theater facilities sound system mixing board-Award winning Speech and Debate TeamBusiness: -Shark Tank contest for business studentsOther:- Tutorlink on campus peer tutoring programAthletics:-Uniforms and equipment for all Sports Programs, such as Men's and Women's Basketball, swimming and soccer -Equipment for the new Sports Complex (Gym, Fields, and Aquatics Center) Teaching and Learning Initiatives:-Staff Development -Faculty Enriched Programs -Student Government Textbook Loaner Program-Lecture Series such as Brain Awareness Week and the Campus Change NetworkEmerging Science Programs: -Laboratory equipment and associated upgrades -Science Complex equipment and Lab expendables 482224 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 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 Stephanie Beasly Chair 2.00 X X 0 0 0 Lynn Seppala Immediate Past Chair 2.00 X X 0 0 0 Lori Souza Chair Elect 2.00 X X 0 0 0 Jim Ott Vice Chair - Development 2.00 X X 0 0 0 Dr Barry Russell Secretary 2.00 X X 0 0 0 Marti Sutton Treasurer 2.00 X X 0 0 0 Jim Bono Board Member 1.00 X 0 0 0 Jeff Manchester Board Member 1.00 X 0 0 0 Lisa Elliott Board Member 1.00 X 0 0 0 Brian Gentry Board Member 1.00 X 0 0 0 Matt Rusca Board Member 1.00 X 0 0 0 Ralph Kokka Board Member 1.00 X 0 0 0 Bob Shapiro Board Member 1.00 X 0 0 0 William Lide Board Member 1.00 X 0 0 0 Keith Turner Board Member 1.00 X 0 0 0 Janet Lockhart Board Member 1.00 X 0 0 0 Kenneth Cooper Executive Director 40.00 X 27267 0 27266 27267 0 27266 0 0 0 0 0 163893 778545 942438 Textbook loan fees 611710 9466 9466 Other 611710 4212 4212 13678 38890 38890 43401 163893 86776 -43375 -43375 951631 13678 0 -4485 326055 326055 77974 15595 27291 35088 15755 15755 21270 3423 10145 7702 48072 48072 47869 47052 75 742 13484 10059 3425 15488 11500 2318 1670 10360 5985 4375 13532 13404 46 82 3948 537 2012 1399 700 700 Events 42051 36430 1428 4193 Other expenses 14245 11947 2298 Investment management f 3781 3781 Bank charges 3673 237 3138 298 658257 482224 121434 54599 127801 44225 1025535 1524426 287800 190000 1948 1441136 1760599 32436 117660 32436 117660 X 156966 -31052 958391 1372438 293343 301553 1408700 1642939 1441136 1760599 293374 -59135 0 X 0 0 0 X 408637 503957 927947 495341 942437 3278319 408637 503957 927947 495341 942437 3278319 601972 2676347 10369 24607 24169 34054 38890 132089 13678 13678 3424086 0.78160 0.75440 X Schedule A - Unusual Grants A bequest was received from the Mertes Family Trust in fiscal year 2016. However, the full amount of the bequest was not measureable and could not to be recorded in 2016. This amount will be recorded when the amount becomes measureable. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 10000 10000 0 Part II-B, Line 1: Contribution to support the passage of Alameda County Measure A, used for opinion poll data gathering. 335494 4251 -25376 314369 344025 4491 -13022 335494 306425 4318 33282 344025 289741 16684 306425 290000 13500 -13759 289741 1 0 0 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. Best of the Best Gala 117586 85203 32383 374 40702 CV4 89708 78690 11018 14878 30822 207294 163893 43401 15252 71524 86776 -43375 1 Faculty Grants 10 45031 Student Scholarships 251 281024 Form 990, Part VI, Section B, line 11 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 document, conflict of interest policy, financial statements and the Form 990 are available at the Organization's offices upon request. Las Posita 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