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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>true</AccountantCompileOrReviewInd>
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        <CurrentTaxYearAmt>899793</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus1YearAmt>107028</CurrentTaxYearMinus1YearAmt>
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      <OtherSecuritiesGrp>
        <Desc>Closely-held equity interests</Desc>
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        <FormAndLineReferenceDesc>V 4</FormAndLineReferenceDesc>
        <ExplanationTxt>One endowment is expended at the discretion of the Fouundation Board. The remaining endowment consist of various donor-restricted funds which are used to support the programs and operations of the organization.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>X 2</FormAndLineReferenceDesc>
        <ExplanationTxt>The Foundation had no material unrecognized tax benefits, tax penalties or interest.</ExplanationTxt>
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        <Event2Nm>Walk for the Arts</Event2Nm>
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          <CityNm>Los Angeles</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <PurposeOfGrantTxt>Arts education</PurposeOfGrantTxt>
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        <FormAndLineReferenceDesc>Part I Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>Grants are awarded based on the needs of the school. Scholarships are awarded based on the recommendation of the Los Angeles High School For The Arts faculty in each department based on merit and financial need.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12</FormAndLineReferenceDesc>
        <ExplanationTxt>Board members are required to complete and annual Conflict of Interest statement. Board members are expected to abstain from discussion and voting on any matters that may be a conflict.</ExplanationTxt>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Governing documents, finacial statements and conflict of interest policy are available upon written request.</ExplanationTxt>
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</Return>