FURP.ORG / PUBLIC DATA EXPLORER

LONG BEACH CITY COLLEGE FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LONG BEACH CITY COLLEGE FOUNDATION (EIN 95-3297459)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-02-03
IRS object ID
201430349349301458
Schema version
2012v2.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-02-03T15:06:11-08:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Guzman & Gray Certified Public AccountantsBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line14510 E Pacific Coast Highway SuiteAddressLine1
CityLong BeachCity
StateCAState
ZIP Code90804ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN953297459EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LONG BEACH CITY COLLEGE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLONGNameControl
Phone5629384134Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14901 EAST CARSON STAddressLine1
CityLONG BEACHCity
StateCAState
ZIP Code90808ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameKENNETH VELTENName
TitleTreasurerTitle
Date Signed2014-01-31DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMARK GRAY CPAName
PTINP00048565PTIN
Phone5624980997Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonGARY COOPERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line14901 EAST CARSON STAddressLine1
CityLONG BEACHCity
StateCAState
ZIP Code90808ZIPCode
FieldValueIRS element (for citing)
Gross Receipts10754145GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web Sitewww.foundation.lbcc.eduWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1978YearFormation
State Legal DomicileCAStateLegalDomicile
Activity Or Mission DescriptionTHE FOUNDATION'S PURPOSE IS TO PROMOTE THE GENERAL WELFARE OF LONG BEACH CITY COLLEGEActivityOrMissionDescription
Nbr Voting Members Governing Body77NbrVotingMembersGoverningBody
Nbr Independent Voting Members77NbrIndependentVotingMembers
Total Nbr Employees12TotalNbrEmployees
Total Nbr Volunteers200TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year2963691ContributionsGrantsPriorYear
Contributions Grants Current Year2709886ContributionsGrantsCurrentYear
Program Service Revenue Prior Year258394ProgramServiceRevenuePriorYear
Program Service Revenue CY663611ProgramServiceRevenueCY
Investment Income Prior Year265450InvestmentIncomePriorYear
Investment Income Current Year400432InvestmentIncomeCurrentYear
Other Revenue Prior Year30752OtherRevenuePriorYear
Other Revenue Current Year83237OtherRevenueCurrentYear
Total Revenue Prior Year3518287TotalRevenuePriorYear
Total Revenue Current Year3857166TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2407580GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY2841813GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year194384SalariesEtcPriorYear
Salaries Etc Current Year207618SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year50011TotalFundrsngExpCurrentYear
Other Expense Prior Year148960OtherExpensePriorYear
Other Expenses Current Year476674OtherExpensesCurrentYear
Total Expenses Prior Year2750924TotalExpensesPriorYear
Total Expenses Current Year3526105TotalExpensesCurrentYear
Revenues Less Expenses Prior Year767363RevenuesLessExpensesPriorYear
Revenues Less Expenses CY331061RevenuesLessExpensesCY
Total Assets BOY14124008TotalAssetsBOY
Total Assets EOY15047847TotalAssetsEOY
Total Liabilities BOY169391TotalLiabilitiesBOY
Total Liabilities EOY199684TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY13954617NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY14848163NetAssetsOrFundBalancesEOY
Mission DescriptionTHE FOUNDATION'S SPECIFIC AND PRIMARY PURPOSES ARE TO PROMOTE THE GENERAL WELFARE OF LONG BEACH CITY COLLEGE BY ASSISTING AND SUPPORTING THE ATTAINMENT OF EDUCATIONAL, ATHLETIC AND CULTURAL GOALS; BY ASSISTING IT IN FULFILLING ITS ROLE OF SERVICE TO ITS COMMUNITY, BY SOLICITING, RAISING AND DISTRIBUTING FUNDS FOR ITS PROGRAMS, BUILDINGS, EQUIPMENT AND ANY OTHER OUTLAY INCLUDING BUT NOT LIMITED TO NEEDS FOR SCHOLARSHIPS, LOANS, AND GRANTS TO QUALIFIED STUDENTS.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1516549Expense
Grants1516549Grants
DescriptionTHE FOUNDATION IS FORTUNATE TO HAVE RECEIVED OVER $1 MILLION FROM THE GOLDMAN SACHS FOUNDATION TO CONTINUE THE 10,000 SMALL BUSINESS PROJECT THROUGH AN EDUCATIONAL PROGRAM. THE CURRICULUM INCLUDES MODULES WHICH PROMOTE A RELEVANT LEARNING EXPERIENCE. THE FIRST CLASS GRADUATED 28 SMALL BUSINESS OWNERS. THE FOUNDATION IS IN ITS FOURTH YEAR OF A VERY SUCCESSFUL PROGRAM WHICH HAS BECOME A MODEL FOR OTHER SUCH GRANTEES THROUGHOUT THE UNITED STATES.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense889345Expense
Grants488232Grants
Revenue663611Revenue
DescriptionPROMOTE GENERAL WELFARE OF LONG BEACH CITY COLLEGE BY ASSISTING AND SUPPORTING THE ATTAINMENT OF ATHLETIC, EDUCATIONAL AND CULTURAL GOALS THROUGH GRANTS AND OTHER ASSISTANCE TO ASSOCIATE GROUPS, DEPARTMENTS, FACULTY, AND STAFF.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense765727Expense
Grants765727Grants
DescriptionEDUCATION IS THE MOST IMPORTANT FACTOR THAT DETERMINES WHAT OPPORTUNITIES A PERSON WILL HAVE IN LIFE. LONG BEACH CITY COLLEGE (LBCC) PROVIDES THE EDUCATION AND TRAINING. THE FOUNDATION PROVIDES THE FINANCIAL SUPPORT THAT ALLOWS PEOPLE TO TAKE ADVANTAGE OF THAT EDUCATION AND TRAINING. THE FOUNDATION PROVIDES A VEHICLE FOR FINANCIAL SUPPORT FROM THE COMMUNITY.IT IS ESTIMATED THAT ONE IN THREE LONG BEACH AREA RESIDENTS HAVE ATTENDED LBCC. MANY OF THESE STUDENTS HAVE REQUIRED FINANCIAL ASSISTANCE. THE FOUNDATION HAS RAISED OVER $25 MILLION TO PROVIDE FOR SCHOLARSHIPS, DEPARTMENTAL GRANTS, CAMPUS BEAUTIFICATION, AND FACILITIES UPGRADES. LITERALLY THOUSANDS OF STUDENTS HAVE RECEIVED FUNDS TO PAY ENROLLMENT FEES AND BUY BOOKS AND THE NEED TO PROVIDE FINANCIAL ASSISTANCE CONTINUES TODAY.THE FOUNDATION HAS THE LARGEST SCHOLARSHIP PROGRAM OF ANY SOUTHERN CALIFORNIA COMMUNITY COLLEGE. IT GIVES TO MORE STUDENTS THAN ANY OTHER TWO YEAR INSTITUTION AND OFFERS SCHOLARSHIPS TO FACULTY AND STAFF SO THEY MAY INCREASE THEIR KNOWLEDGE IN THEIR CHOSEN PROFESSION OR EMBARK ON A NEW CAREER.DURING THE YEAR, THE FOUNDATION PROVIDED 631 QUALIFIED STUDENTS SCHOLARSHIPS AND AWARDS.Description
FieldValueIRS element (for citing)
Total Program Service Expense3171621TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109640NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees12NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Form990-T FiledfalseForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members77NbrVotingGoverningBodyMembers
Number Independent Voting Members77NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonLONG BEACH CITY COLLEGE FNDNamePerson
Telephone Number5629384134TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14901 EAST CARSON STAddressLine1
CityLONG BEACHCity
StateCAState
ZIP Code90808ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (119 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
DR SERAFIN ZASUETA
MEMBER1.000.00X000
DAVID THORNBURG
MEMBER1.000.00X000
BARBARA SULLIVAN-GEORGE
MEMBER1.000.00X000
TED OROZCO
MEMBER1.000.00X000
MICHELE PEABODY MYERS
MEMBER1.000.00X000
VALERIE MILES
MEMBER1.000.00X000
TODD MASON
MEMBER1.000.00X000
BEN HARVEY
MEMBER1.000.00X000
MATTHEW L KNABE
MEMBER1.000.00X000
TODD JONES
MEMBER1.000.00X000
HESTON GUY
MEMBER2.000.00X000
CHERYL LACKMAN FEINBERG
MEMBER1.000.00X000
CHIEF MICHAEL DUREE
MEMBER1.000.00X000
HOWARD DAVIS
MEMBER2.000.00X000
DR ANDY TANG
MEMBER1.000.00X000
RUTH WRIGHT
EMERITA0.300.00X000
DR GEORGE WONG JR
EMERITUS0.300.00X000
MICHELE DOBSON WILSON
MEMBER1.000.00X000
RUTH W WILLIAMS
MEMBER1.000.00X000
G MARGARET WESTLUND
MEMBER1.000.00X000
W GARY WESTLING
MEMBER1.000.00X000
CLOY J MIKE WALTER
MEMBER1.000.00X000
SUZANNE NOSWORTHY
MEMBER1.000.00X000
DONITA VAN HORIK
MEMBER1.000.00X000
BETTY EASTMAN TODD
PATRON0.300.00X000
JAMES J SULLOS JR
MEMBER1.000.00X000
CHRIS STEINHAUSER
HONORARY0.300.00X000
JAMES STANGELAND
EMERITUS0.300.00X000
DR WILLIAM SMITHERAN
MEMBER1.000.00X000
JEAN B SMITH
EMERITA0.300.00X000
MARTIN SIMON
EMERITUS0.300.00X000
DR JAMES C SERLES
EMERITUS0.300.00X000
SHIRLEY SALTMAN
EMERITA0.300.00X000
GLORIA ST MARTIN-LOWRY
MEMBER1.000.00X000
DR JESSE GONZALES
MEMBER1.000.00X000
BRIAN RUSSELL
MEMBER1.000.00X000
NAOMI RAINEY-PIERSON
MEMBER1.000.00X000
WENDY PUZARNE
MEMBER1.000.00X000
DR FREDA HINSCHE OTTO
MEMBER1.000.00X000
DR BEVERLY O'NEILL
EMERITA0.300.00X000
ANNE NEWMAN
MEMBER0.300.00X000
CLAUDE PRINCE
HONORARY1.000.00X000
JEFFREY NAPPER
MEMBER1.000.00X000
MIKE MURRAY
EMERITUS0.300.00X000
GEORGE MURCHISON
EMERITUS0.300.00X000
NED GAYLORD
MEMBER1.000.00X000
GEORGE MEDAK
EMERITUS0.300.00X000
CHIEF JIM MCDONNELL
HONORARY0.300.00X000
DR WILLIAM MARMION
EMERITUS0.300.00X000
DR GREGORY PETERSON
HONORARY0.300.00X000
DR DEBBIE MALUMED
HONORARY0.300.00X000
BRUCE MACRAE
MEMBER1.000.00X000
BOB LUSKIN
EMERITUS0.300.00X000
DR GAITHER LOWENSTEIN
MEMBER2.000.00X000
PATRICIA LOFLAND
EMERITA0.300.00X000
JUDGE GIBSON LEE
EMERITUS0.300.00X000
DR MARIE LAFORTUNE
MEMBER1.000.00X000
MARISA K PEREZ
MEMBER1.000.00X000
MATTHEW L KINLEY
MEMBER1.000.00X000
MARK TAYLOR
HONORARY0.300.00X000
THOMAS W KING
MEMBER1.000.00X000
JACKIE KELL
MEMBER1.000.00X000
DR E JAN KEHOE
EMERITA0.300.00X000
HARRIETT IBBETSON
PATRON0.300.00X000
JACK HINSCHE
MEMBER1.000.00X000
JOHN HANCOCK
MEMBER1.000.00X000
DONNA HANCOCK
MEMBER1.000.00X000
DR NOEL HACEGABA
MEMBER1.000.00X000
JOHNATHAN D GOTZ
MEMBER1.000.00X000
RANDY GORDON
MEMBER1.000.00X000
IVY ARLINDA GOOLSBY
MEMBER1.000.00X000
DANIEL P GOOCH
MEMBER1.000.00X000
DR MARK A GARLINGTON
MEMBER1.000.00X000
ANN-MARIE GABEL
HONORARY0.300.00X000
MAYOR BOB FOSTER
HONORARY0.300.00X000
JOEN GARNICA
MEMBER1.000.00X000
DR STUART L FARBER
MEMBER1.000.00X000
MARCELLE EPLEY
MEMBER1.000.00X000
ROBERT ELLIS
EMERITUS0.300.00X000
DR JOHN FLYPAA
MEMBER1.000.00X000
DR MINNIE DOUGLAS
MEMBER1.000.00X000
STEPHEN J DODGE
MEMBER1.000.00X000
RICK DUREE
MEMBER1.000.00X000
GARY DELONG
MEMBER1.000.00X000
ROSE DOSTA DELGAUDIO
HONORARY0.300.00X000
MARK CURTIS
MEMBER1.000.00X000
ANNE EMIGH
MEMBER1.000.00X000
STERLING CLAYTON
EMERITUS0.300.00X000
DR THOMAS CLARK
EMERITUS0.300.00X000
HELEN CLARK
PATRON0.300.00X000
CURT PEDERSEN
MEMBER1.000.00X000
JUDGE RICHARD F CHARVAT
EMERITUS0.000.00X000
JAMES R CALLAHAN
MEMBER1.000.00X000
LOU ANNE BYNUM
HONORARY0.300.00X000
DR BYRON D BRELAND
HONORARY0.300.00X000
KENDRA S CANAPE
MEMBER1.000.00X000
BOB BLAIR
MEMBER1.000.00X000
KRISTIN BIALE-GONDA
MEMBER1.000.00X000
FIDEL AGUAYO
MEMBER1.000.00X000
MARTHA MOLINA BERNADETTE
MEMBER1.000.00X000
WILLIAM BARNES
EMERITUS0.300.00X000
EDWARD ARNOLD
MEMBER1.000.00X000
MARK D ALLMEROTH
MEMBER1.000.00X000
DR KING ALEXANDER
HONORARY0.300.00X000
LANCE ADAMS
MEMBER1.000.00X000
ELOY OAKLEY
HON., EXEC COMM0.300.00X000
ARTURO AGUAYO
MEMBER1.000.00X000
JACLYN TILLEY HILL
MEMBER2.000.00X000
JEFFREY KELLOGG
HON EXEC COMM0.300.00X000
BLANCHE CANNADY
MEMBER2.000.00X000
DIANE DEWALSCHE
Past President2.000.00X000
MARY CRANE
Vice President2.000.00X000X
BARRY MCDANIEL
President Elect2.000.00X000X
KENNETH VELTEN
Treasurer2.000.00X000X
JUDY ROSS
Secretary2.000.00X000X
MARIA COCHRAN
Vice President2.000.00X000X
G LORAIN BRAULT
Vice President2.000.00X000X
GARY COOPER
President2.000.00X000X
DR VIRGINIA BAXTER
Executive Direc40.000.006000002180X
FieldValueIRS element (for citing)
Total Reportable Comp From Org60000TotalReportableCompFromOrg
Total Other Compensation2180TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events50317FundraisingEvents
Government Grants21496GovernmentGrants
All Other Contributions2638073AllOtherContributions
Total Contributions2709886TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionEDUCATIONAL PROGRAMSDescription
Total Revenue Column663611TotalRevenueColumn
Related Or Exempt Function Income663611RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue663611TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column286880TotalRevenueColumn
Exclusion$286,880ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities6981749Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities6868197Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities113552Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column113552TotalRevenueColumn
Exclusion$113,552ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events28782GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events50317CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses28782FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOTHER REVENUEDescription
Total Revenue Column83237TotalRevenueColumn
Related Or Exempt Function Income83237RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue83237TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column3857166TotalRevenueColumn
Related Or Exempt Function Income746848RelatedOrExemptFunctionIncome
Exclusion$400,432ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total2076086Total
Program Services2076086ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total765727Total
Program Services765727ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total64504Total
Management And General32252ManagementAndGeneral
Fundraising32252Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total102798Total
Management And General102798ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total23826Total
Management And General22736ManagementAndGeneral
Fundraising1090Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total16490Total
Management And General13709ManagementAndGeneral
Fundraising2781Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total56335Total
Management And General56335ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total56651Total
Management And General56651ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total1630Total
Management And General1630ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total8000Total
Program Services8000ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total4026Total
Management And General4026ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralFundraisingFundraisingProgram ServicesProgramServices
PAYROLL SERVICE FEES30133013
BANK CHARGES70617061
FUNDRAISING EXPENSE1388813888
PROGRAM EXPENSES321808321808

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total4262Total
Management And General4262ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total3526105Total
Program Services3171621ProgramServices
Management And General304473ManagementAndGeneral
Fundraising50011Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY173279BOY
EOY224063EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1470734BOY
EOY918630EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY114812BOY
EOY62063EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
EOY0EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis46455LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec46455LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY8000BOY
EOY0EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY10035210BOY
EOY11388336EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY2321973BOY
EOY2454755EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY14124008BOY
EOY15047847EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY39392BOY
EOY48887EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY129999BOY
EOY150797EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY169391BOY
EOY199684EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1138082BOY
EOY1697422EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5914466BOY
EOY5541004EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY6902069BOY
EOY7609737EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY13954617BOY
EOY14848163EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY14124008BOY
EOY15047847EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses331061ReconcilationRevenueExpenses
Reconciliation Unrealized Invest442560ReconciliationUnrealizedInvest
Reconcilation Other Changes119925ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2584201CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2925632CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2578479CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2963691CurrentTaxYearMinus1Year
Current Tax Year3177806CurrentTaxYear
Total14229809Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2584201CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2925632CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2578479CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2963691CurrentTaxYearMinus1Year
Current Tax Year3177806CurrentTaxYear
Total14229809Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total4275519AmountsSubstContributorsTotal
Public Support Total1709954290PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years240336CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years-31098CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years576401CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year265450CurrentTaxYearMinus1Year
Current Tax Year400432CurrentTaxYear
Total1451521Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years30823CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years17865CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year30752CurrentTaxYearMinus1Year
Current Tax Year42844CurrentTaxYear
Total122284Total
FieldValueIRS element (for citing)
Total Support15803614TotalSupport
Public Support Pertcentage1700.62990PublicSupportPertcentage170
Public Support Pertcent Prior Year0.65350PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance6996633BeginningOfYearBalance
Contributions714312Contributions
Investment Earnings Or Losses487465InvestmentEarningsOrLosses
Other Expenditures116147OtherExpenditures
Administrative Expenses56651AdministrativeExpenses
End Of Year Balance8025612EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance7181122BeginningOfYearBalance
Contributions120111Contributions
Investment Earnings Or Losses-129669InvestmentEarningsOrLosses
Other Expenditures121626OtherExpenditures
Administrative Expenses53305AdministrativeExpenses
End Of Year Balance6996633EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance5742077BeginningOfYearBalance
Contributions481750Contributions
Investment Earnings Or Losses1014985InvestmentEarningsOrLosses
Administrative Expenses57690AdministrativeExpenses
End Of Year Balance7181122EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance4259955BeginningOfYearBalance
Contributions874922Contributions
Investment Earnings Or Losses635174InvestmentEarningsOrLosses
Administrative Expenses27974AdministrativeExpenses
End Of Year Balance5742077EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance0.94800PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.05200TermEndowmentEOYBalance
Endowments Held By Unrelated OrgstrueEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis22395OtherCostOrOtherBasis
Depreciation22395Depreciation

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis24060OtherCostOrOtherBasis
Depreciation24060Depreciation

Other Assets OtherAssets (6 entries)

DescriptionDescriptionBook ValueBookValue
OTHER ASSETS28128
BEQUEST & OTHER RECEIVABLE88300
BENEFICIAL INTEREST IN PERPETUAL TRUST1056845
BENEFICIAL INTEREST IN FCCC FUND812132
BENEFICIAL INT IN SPLIT INT AGREEMENTS318553
AGENCY SCHOLARSHIP FUNDS150797
FieldValueIRS element (for citing)
Total Book Value Other Assets2454755TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionAGENCY FUNDS HELD FOR SCHOLARSHIPSDescription
Amount$150,797Amount
FieldValueIRS element (for citing)
Total Of Amounts150797TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt3923419TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments442560NetUnrealizedGainsInvestments
Other Revenues-376307OtherRevenues
Revenue Not Rptd F99066253RevenueNotRptdF990
Revenue Subtotal3857166RevenueSubtotal
Total Revenue Per Form9903857166TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt3029873TotExpensesEtcAuditedFinclStmt
Other Expenses Included-496232OtherExpensesIncluded
Expenses Not Rptd F990-496232ExpensesNotRptdF990
Expenses Subtotal3526105ExpensesSubtotal
Total Expenses Per Form9903526105TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part XPart X : FIN48 FootnoteTHE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS FILING STATUS OF TAX EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION 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 AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
Part V, Line 4Part V, Line 4: Intended uses of the endowment fund.PURPOSE TO BUILD EARNINGS FOR FUNDING OF FUTURE SCHOLARSHIP AND GRANT DISBURSEMENTS.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agreement Ref FundraisingfalseAgreementRefFundraising

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event185TH ANNIVRSRY GALANameOfEvent1
Gross Receipts Event179099GrossReceiptsEvent1
Charitable Contributions Event150317CharitableContributionsEvent1
Gross Revenue Event128782GrossRevenueEvent1
Food And Beverage Event19838FoodAndBeverageEvent1
Entertainment Event11000EntertainmentEvent1
Other Direct Expenses Event117944OtherDirectExpensesEvent1
Gross Receipts Total79099GrossReceiptsTotal
Charitable Contributions Total50317CharitableContributionsTotal
Gross Revenue Total Events28782GrossRevenueTotalEvents
Food And Beverage Total Events9838FoodAndBeverageTotalEvents
Entertainment Total Events1000EntertainmentTotalEvents
Other Direct Expenses Total Events17944OtherDirectExpensesTotalEvents
Direct Expense Summary Events28782DirectExpenseSummaryEvents

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistancePurpose Of GrantPurposeOfGrantEIN Of RecipientEINOfRecipientIRC SectionIRCSection
LBCC ASSOCIATE GROUPS
4901 E CARSON STLONG BEACHCA9080844447343759PROGRAM SUPPORT
LB COMMNTY COLLEGE DST
4901 E CARSON STLONG BEACHCA9080815878540INSTITUTIONAL SUPPORT952654140501(C)(3)
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations1TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPSTypeOfGrant
Number Of Recipients631NumberOfRecipients
Amount Of Cash Grant765727AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierGrantmaker's Description of How Grants are UsedIdentifier
ExplanationWHEN THE GRANT AWARDEE REQUESTS PAYMENT REGARDING THE EVENT OR PROJECT, THE REQUEST FORM AND ALL PROPER SIGNATURES, AUTHORIZATIONS AND RECEIPTS PROVIDED WILL BE REVIEWED BY THE FOUNDATION FOR APPROVAL. IT IS UNDERSTOOD THAT NO ALTERATION OR VARIATION OF THE TERMS OF THE AGREEMENT WILL BE ACCEPTED.IN ORDER FOR STUDENTS TO RECEIVE THEIR SCHOLARSHIP, THEY MUST COME TO THE SCHOLARSHIP OFFICE WITH THEIR SCHEDULE OF CLASSES SO THE FOUNDATION CAN VERIFY THEY ARE ENROLLED IN THE CORRECT NUMBER OF UNITS, HAVE THE APPROPRIATE GPA AND IF NEEDED, ARE TAKING THE SPECIFIC COURSES REQUIRED FOR THEIR SCHOLARSHIP.Explanation

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions6NumberOfContributions
Noncash Contribs Rptd F990205934NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionWELDING ROD/WIRE/ELECTRODESDescription
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99043759NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990, Part XI, Line 9Other Changes In Net Assets Or Fund Balances - Other DecreasesCHANGE IN VALUE OF SPLIT INTEREST AGRMNT = -$3617
Form 990, Part XI, Line 9Other Changes In Net Assets Or Fund Balances - Other IncreasesCHANGE IN VALUE OF PERPETUAL TRUST = $45061
Form 990, Part XI, Line 9Other Changes In Net Assets Or Fund Balances - Other IncreasesCHANGE IN VALUE IN CA COMM COLLEGES FUND = $78481
Form 990, Part VI, Line 19Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableUPON REQUEST.
Form 990, Part VI, Line 15bForm 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key EmployeesTHE PERSONNEL COMMITTEE IS RESPONSIBLE FOR ESTABLISHING TERMS OF EMPLOYMENT AND ON A PERIODIC BASIS, REVIEW THE EXECUTIVE DIRECTOR'S COMPENSATION. THE EXECUTIVE DIRECTOR'S SALARY IS APPROVED BY THE EXECUTIVE BOARD.OTHER EMPLOYEES COMPENSATION IS DETERMINED IN THE SAME MANNER AS THE EXECUTIVE DIRECTOR. FOUNDATION EMPLOYEES' SALARIES AND BENEFITS ARE REVIEWED BY THE FOUNDATION'S PERSONNEL COMMITTEE.
Form 990, Part VI, Line 12cForm 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsEACH MEMBER COMPLETES A CONFLICT OF INTEREST FORM AND AN INDIVIDUAL OF THE ORGANIZATION REVIEWS EACH STATEMENT.
Form 990, Part VI, Line 11bForm 990, Part VI, Line 11b: Form 990 Review ProcessTHE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DELEGATED TO THE FINANCE COMMITTEE THE REVIEW AND ENDORSEMENT OF THE FORM 990. THE LONG BEACH CITY COLLEGE FOUNDATION 990 SHALL BE DISTRIBUTED TO THE FINANCE COMMITTEE FOR ENDORSEMENT. IF IN THE INTEREST OF TIME, A MORE EXPEDIENT TIMELINE IS NEEDED, THE LONG BEACH CITY COLLEGE FOUNDATION EXECUTIVE COMMITTEE WILL APPROVE AND SIGN THE RETURN. AN ELECTRONIC COPY SHALL BE PROVIDED TO ALL BOARD MEMBERS, PRINTED COPIES AVAILABLE UPON REQUEST. BOARD MEMBERS SHALL BE ASKED TO REVIEW AND SEND BACK ANY COMMENTS.
Form 990, Part VI, Line 2Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, EtJOHN HANCOCK IS THE FATHER OF DONNA HANCOCK.ARTURO AGUAYO AND FIDEL AGUAYO ARE BROTHERS.RICK DUREE IS THE FATHER OF MICHAEL DUREE.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1LONG BEACH COMMUNITY COLLEGE DISTRICTBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14901 E CARSON STAddressLine1
CityLONG BEACHCity
StateCAState
ZIP Code90808ZIPCode
FieldValueIRS element (for citing)
Primary ActivitiesSECONDARY EDUCATIONPrimaryActivities
Legal Domicile StateCALegalDomicileState
Exempt Code Section501(c)(3)ExemptCodeSection
Direct Controlling Entity NAN/ADirectControllingEntityNA
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgtrueGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Dividends Related OrganizationfalseDividendsRelatedOrganization
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiestrueSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1LONG BEACH COMMUNITY COLLEGE DISTRICTBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypebTransactionType
Amount Involved1587854AmountInvolved
Method Of Amt DeterminationFMVMethodOfAmtDetermination