2017-04-04T17:45:04-05:00 2016-06-30 942702860 JOHANSON & YAU ACCOUNTANCY CORP 160 W SANTA CLARA ST SUITE 900 SAN JOSE CA 95113 990 2015-07-01 942862793 LOS ALTOS EDUCATIONAL FOUNDATION LOSA 6505590445 201 COVINGTON ROAD LOS ALTOS CA 94024 KATHERINE STEPHENS PRESIDENT 6505590445 2017-03-09 1 SARA KELLEY P00957375 4082885111 2015 2021-01-29 14:40:06Z AMY PEABODY 201 COVINGTON ROAD LOS ALTOS CA 94024 3568241 0 X WWW.LAEFONLINE.ORG/ X 1982 CA IMPROVING STUDENT EDUCATION 30 30 3 70 0 0 4125998 3439396 0 0 18467 41402 0 0 4144465 3480798 3015000 3155000 0 0 157778 164895 0 0 30023 238985 203515 3411763 3523410 732702 -42612 2866181 2727721 5798 5970 2860383 2721751 X THE LOS ALTOS EDUCATIONAL FOUNDATION WORKS TO RAISE FUNDS TO PROVIDE FINANCIAL SUPPORT TO SUPPLEMENT THE RESOURCES OF THE LOS ALTOS SCHOOL DISTRICT FOR THE PURPOSE OF FUNDING ACADEMIC AND ENRICHMENT PROGRAMS THAT HELP IMPROVE THE OVERALL EDUCATION OF STUDENTS IN THE LOS ALTOS SCHOOL DISTRICT. 0 0 3155000 3155000 3439396 LOS ALTOS EDUCATIONAL FOUNDATION IS AN ORGANIZATION OUTSIDE OF THE PUBLIC SCHOOL SYSTEM, WHICH PROVIDES FINANCIAL SUPPORT AS A SUPPLEMENT TO THE RESOURCES OF THE LOS ALTOS SCHOOL DISTRICT FOR THE PURPOSE OF IMPROVING THE EDUCATION OF STUDENTS OF THAT DISTRICT. 3155000 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 CA X TY CONNER 6505590445 201 COVINGTON ROAD LOS ALTOS CA 94024 SUE LONGYEAR PRESIDENT 5.00 X X 0 0 0 KATHERINE STEPHENS VICE PRESIDENT 5.00 X X 0 0 0 TY CONNER CFO 5.00 X X 0 0 0 REBECCA LOWELL SECRETARY 5.00 X X 0 0 0 AMY PEABODY EXECUTIVE DIRECTOR 40.00 X X 105923 0 0 BRIAN ELKIN BOARD MEMBER 1.00 X 0 0 0 DAVID WATSON BOARD MEMBER 1.00 X 0 0 0 LISA CUPPETT BOARD MEMBER 1.00 X 0 0 0 KRISTINE BARDMAN BOARD MEMBER 1.00 X 0 0 0 GINA ESTRADA BOARD MEMBER 1.00 X 0 0 0 MATT ABRAHAMS BOARD MEMBER 1.00 X 0 0 0 ANJANA NARGARAJAN-BUTANEY BOARD MEMBER 1.00 X 0 0 0 JESSICA SPEISER BOARD MEMBER 1.00 X 0 0 0 NANCY FAZ BOARD MEMBER 1.00 X 0 0 0 KAREN SCHUSTER BOARD MEMBER 1.00 X 0 0 0 LAURA TEKSLER BOARD MEMBER 1.00 X 0 0 0 TRACY WARREN BOARD MEMBER 1.00 X 0 0 0 JENNIFER CARLSTROM BOARD MEMBER 1.00 X 0 0 0 RUSSELL HIRSCH BOARD MEMBER 1.00 X 0 0 0 ERIKA SHAPIRO BOARD MEMBER 1.00 X 0 0 0 NICOLE VON KAENEL BOARD MEMBER 1.00 X 0 0 0 ANNICK MOHAGEG BOARD MEMBER 1.00 X 0 0 0 RYAN RANDALL BOARD MEMBER 1.00 X 0 0 0 JOHN MAHLMEISTER BOARD MEMBER 1.00 X 0 0 0 KEVIN MELIA BOARD MEMBER 1.00 X 0 0 0 ZAN ARONOWITZ BOARD MEMBER 1.00 X 0 0 0 DOFF MCELHINNEY BOARD MEMBER 1.00 X 0 0 0 YAN ZOU BOARD MEMBER 1.00 X 0 0 0 JENNIFER BEEDON BOARD MEMBER 1.00 X 0 0 0 KRISTIN NAJARIAN BOARD MEMBER 1.00 X 0 0 0 105923 0 0 1 0 0 0 0 3439396 3439396 12938 12938 115907 87443 28464 28464 28464 3480798 0 0 41402 3155000 3155000 105923 105923 43596 43596 4000 4000 11376 11376 1198 1198 13000 13000 46828 46828 3910 3910 16032 12613 3419 17650 17650 473 473 5742 5742 BANK FEES 46407 46407 PRINTING COSTS 20228 1737 18491 BAD DEBT 19683 19683 MEETINGS & EVENTS 10566 6501 4065 1798 1660 138 3523410 3155000 338387 30023 851478 893902 105042 2881 12729 10036 4010 2693 1905651 1828245 2866181 2727721 5798 5970 5798 5970 X 2293071 2178963 567312 542788 2860383 2721751 2866181 2727721 X -42612 -95175 -845 X X 0 1 X 1 0 X 3083107 2916074 3106694 4125998 3439396 16671269 3083107 2916074 3106694 4125998 3439396 16671269 16671269 8293 3762 1802 18467 12938 45262 16716531 0.99730 0.99710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 567312 -17762 6762 542788 567312 18467 18467 567312 567312 1802 1802 567312 567312 3762 3762 567312 567312 8293 8293 567312 0 0 5842 4819 1023 6887 5217 1670 2693 MUTUAL FUNDS 1828245 F 1828245 X 3385623 -95175 -95175 3480798 0 3480798 3524255 1318 1318 3522937 473 473 3523410 PART X, LINE 2: FOR UNCERTAIN TAX POSITIONS, THE FOUNDATION USES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. A TAX POSITION IS RECOGNIZED WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES. A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY. THE BOARD BELIEVES THERE HAVE BEEN NO TAX POSITIONS TAKEN THAT WOULD BE CONSIDERED AN UNCERTAIN POSITION. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK DEPRECIATION 1,318. PART XII, LINE 4B - OTHER ADJUSTMENTS: TAX DEPRECIATION 473. 1 LOS ALTOS SCHOOL DISTRICT 201 COVINGTON ROAD LOS ALTOS CA 94024 3155000 TO SUPPLEMENT THE CUTBACKS IN STATE FUNDING. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, A COPY OF FORM 990 IS PRESENTED TO THE TREASURER FOR HIS / HER REVIEW. ANY QUESTIONS ARE THEN ANSWERED PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 15A AN INDEPENDENT REVIEW IS DONE BY THE FINANCE COMMITTEE TO MAKE SURE THE EXECUTIVE DIRECTORS' COMPENSATION DOES NOT EXCEED THE COMPENSATION OF OTHER DIRECTORS WITH SIMILAR DUTIES AND RESPONSIBILITIES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 ANYONE INTERESTED IN REVIEWING THE ENTITY'S FORM 990 IS ENCOURAGED TO CONTACT THE EXECUTIVE DIRECTOR TO REQUEST A TIME DURING NORMAL BUSINESS HOURS TO REVIEW THE TAX RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE BY CONTACTING THE EXECUTIVE DIRECTOR TO REQUEST A TIME DURING NORMAL BUSINESS HOURS TO REVIEW THE REQUESTED INFORMATION. FORM 990, PART XI, LINE 9: BOOK/TAX DEPRECIATION ADJUSTMENT -845. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.