2026-05-15T12:44:36-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2024-07-01 953297459 LONG BEACH CITY COLLEGE FOUNDATION LONG 5629384134 4901 EAST CARSON STREET B-12 LONG BEACH CA 90808 PAUL KAMINSKI CHIEF EXECUTIVE OFFICER 5629384134 2026-05-15 1 1 KAREN LO P02141262 6267933600 2026-05-13 2024 2025-03-06 01:10:19Z PAUL KAMINSKI 4901 EAST CARSON STREET B-12 LONG BEACH CA 90808 7814492 0 1 X HTTPS://LBCCFOUNDATION.ORG/ X 1978 CA SUPPORT AND ENHANCE THE LEARNING ENVIRONMENT OF THE LONG BEACH COMMUNITY COLLEGE DISTRICT. 67 66 12 124 0 0 3979408 4534068 0 0 2150751 1799352 333836 386995 6463995 6720415 2411276 2503423 0 0 741362 762701 0 0 635855 451022 607843 3603660 3873967 2860335 2846448 34710379 61216404 630832 22393380 34079547 38823024 X THE 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. 0 0 1249078 1249078 EDUCATION 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 REQUIRED FINANCIAL ASSISTANCE. THE FOUNDATION HAS RAISED OVER $60 MILLION TO PROVIDE 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 837 SCHOLARSHIPS AND AWARDS TO QUALIFIED STUDENTS. 1634873 1254345 375898 PROMOTE 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. 2883951 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 166 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 67 66 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X LETTY TOTAH 5629384303 4901 EAST CARSON STREET B-12 LONG BEACH CA 90808 PAUL KAMINSKI CHIEF EXECUTIVE OFFICER 40.00 X X 188305 0 21554 SUMER TEMPLE PRESIDENT 2.00 X X 0 0 0 ELIZABETH WILLIS TREASURER 2.00 X X 0 0 0 CYNTHIA TERRY SECRETARY 2.00 X X 0 0 0 AARON MOORE MEMBER 2.00 X 0 0 0 ALAN LOWENTHAL MEMBER 2.00 X 0 0 0 ALDEN LOMBARD III MEMBER 2.00 X 0 0 0 ARIEL PE MEMBER 2.00 X 0 0 0 BARBARA ELLIS MEMBER 2.00 X 0 0 0 BRIAN RUSSELL MEMBER 2.00 X 0 0 0 BRYON JOHNSON MEMBER 2.00 X 0 0 0 CHAMINDRI ALUWIHARE MEMBER 2.00 X 0 0 0 DANA BUCHANAN MEMBER 2.00 X 0 0 0 DANIEL P GOOCH MEMBER 2.00 X 0 0 0 DEBRA PETERSON MEMBER 2.00 X 0 0 0 DEREK SANTIFER MEMBER 2.00 X 0 0 0 DIANE DEWALSCHE MEMBER 2.00 X 0 0 0 DON COCHRAN MEMBER 2.00 X 0 0 0 DONITA VAN HORIK MEMBER 2.00 X 0 0 0 DR ARDEL GUILLAMAS AVELINO MEMBER 2.00 X 0 0 0 DR CLOY J MIKE WALTER MEMBER 2.00 X 0 0 0 DR DEBORAH MALUMED MEMBER 2.00 X 0 0 0 DR ELIZABETH RILEY MEMBER 2.00 X 0 0 0 DR FELTON WILLIAMS MEMBER 2.00 X 0 0 0 DR JANNIE MACKAY MEMBER 2.00 X 0 0 0 DR JOHN FYLPAA MEMBER 2.00 X 0 0 0 DR MARK A GARLINGTON MEMBER 2.00 X 0 0 0 DR MARTHA MOLINA BERNADETT MEMBER 2.00 X 0 0 0 DR SABIRA TEJANI MEMBER 2.00 X 0 0 0 DR SERAFIN ZASUETA MEMBER 2.00 X 0 0 0 DR SHARIFA BATTS MEMBER 2.00 X 0 0 0 EDWARD ARNOLD MEMBER 2.00 X 0 0 0 ESTHER OGUNRINU MEMBER 2.00 X 0 0 0 GLORIA CARTER MEMBER 2.00 X 0 0 0 HEATHER MORRIS MORO MEMBER 2.00 X 0 0 0 HEATHER SUMMERS MEMBER 2.00 X 0 0 0 JAMES CHOURA MEMBER 2.00 X 0 0 0 JAN B HOWER MEMBER 2.00 X 0 0 0 JAYNE LASTUSKY MEMBER 2.00 X 0 0 0 JEFF NAPPER MEMBER 2.00 X 0 0 0 JENNIFER BAKER MEMBER 2.00 X 0 0 0 JERRY GREEN MEMBER 2.00 X 0 0 0 JIM OSTACH MEMBER 2.00 X 0 0 0 JON SCHULTZ MEMBER 2.00 X 0 0 0 JUDY ROSS MEMBER 2.00 X 0 0 0 KAREN CODMAN MEMBER 2.00 X 0 0 0 KIMBERLY GROS MEMBER 2.00 X 0 0 0 KRIS GRAGSON MEMBER 2.00 X 0 0 0 KRISTEN HOLST MEMBER 2.00 X 0 0 0 LORI BRAULT MEMBER 2.00 X 0 0 0 MARCELLE EPLEY MEMBER 2.00 X 0 0 0 MARIO VARGAS MEMBER 2.00 X 0 0 0 MARK GUILLEN MEMBER 2.00 X 0 0 0 MARY CRANE MEMBER 2.00 X 0 0 0 MICHELE DOBSON MEMBER 2.00 X 0 0 0 NATALIE HALE MEMBER 2.00 X 0 0 0 NATALIE LEIGHTON MEMBER 2.00 X 0 0 0 PAUL FORCHIONE MEMBER 2.00 X 0 0 0 RICK DUREE MEMBER 2.00 X 0 0 0 ROB WIGOD MEMBER 2.00 X 0 0 0 ROBIN THORNE MEMBER 2.00 X 0 0 0 ROBYN GORDON-PETERSON MEMBER 2.00 X 0 0 0 SARAH FAULKNER MEMBER 2.00 X 0 0 0 SUSAN REDFIELD MEMBER 2.00 X 0 0 0 SUZANNE NOSWORTHY MEMBER 2.00 X 0 0 0 VALARIE FROST MEMBER 2.00 X 0 0 0 W GARY WESTLING MEMBER 2.00 X 0 0 0 GINA MASCARO SENIOR DIRECTOR OF DEVELOP 40.00 X 120380 0 0 ELIZABETH MARTINEZ ASSISTANT DIRECTOR, OUTREACH AND PROGRAM SERVICES 40.00 X 108420 0 0 417105 0 21554 3 0 1 0 0 113166 26748 4394154 114121 4534068 1366009 1366009 1496594 1063251 433343 433343 433343 41923 113166 30826 11097 11097 OTHER REVENUE 900099 375898 375898 375898 6720415 375898 0 1810449 1254345 1254345 1249078 1249078 230023 52905 4600 172518 404983 235420 54230 115333 20566 8494 1838 10234 59011 23499 4942 30570 48118 20210 3135 24773 151659 151659 92674 92674 14931 1643 9505 3783 43549 20401 2567 20581 23510 11755 11755 5195 1898 371 2926 2190 800 156 1234 6170 2254 440 3476 7979 7979 OTHER EXPENSES 259986 1249 20065 238672 3873967 2883951 354161 635855 11544 14705 978754 1177374 4344230 4053538 804 9804 61697 43016 24851 18681 27148107 51679093 1784787 2202089 2478422 34710379 61216404 161544 160750 444440 22202782 24848 29848 630832 22393380 X 4238773 4458450 29840774 34364574 34079547 38823024 34710379 61216404 X 2846448 1769346 127683 X X 0 1 X 1 0 X 3540925 8226228 4876726 3982856 4575991 25202726 3540925 8226228 4876726 3982856 4575991 25202726 4195817 21006909 417146 930937 814810 1210139 1366009 4739041 275950 275950 350739 360842 375898 1639379 31581146 0.66520 0.69300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - CONFERENCE REVENUE AND SUPPORT - 2022 AMOUNT: $ -211. 2023 AMOUNT: $ 9,892. 2024 AMOUNT: $ 99,948. LONG BEACH COMMUNITY COLLEGE DISTRICT REIMBURSEMENT - 2020 AMOUNT: $ 275,950. 2021 AMOUNT: $ 275,950. 2022 AMOUNT: $ 350,950. 2023 AMOUNT: $ 350,950. 2024 AMOUNT: $ 275,950. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 X 25535545 1291773 3069919 479956 82851 29334430 22258613 953315 2741372 339078 78677 25535545 18125270 2758222 1623744 177854 70769 22258613 14402432 5796094 -1844620 161039 67597 18125270 9853787 1817441 2893264 108477 53583 14402432 0.00086 0.75268 0.24646 1 0 50644 35278 15366 11053 7738 3315 18681 REFUNDABLE ADVANCES 25000 LEASE LIABILITY 4848 29848 X 7301251 1769346 -1126662 642684 6658567 92674 -30826 61848 6720415 2557774 30826 30826 2526948 92674 1254345 1347019 3873967 PART IV, LINE 2B: THE FOUNDATION RECEIVED FUNDS, REFERRED TO AS AGENCY SCHOLARSHIP FUNDS, FROM VARIOUS THIRD PARTIES WHO HAVE PREVIOUSLY SELECTED A SPECIFIED BENEFICIARY TO RECEIVE THE FUNDS. THE FOUNDATION DISBURSES THE AGENCY SCHOLARSHIP FUNDS TO SPECIFIED BENEFICIARIES ON BEHALF OF VARIOUS THIRD PARTIES AFTER VERIFICATION BY THE SCHOLARSHIP OFFICE. IN MAY 2024 THE FOUNDATION ENTERED INTO MEMORANDUM OF UNDERSTANDING (MOU) WITH THE DISTRICT. ACCORDING TO MOU, THE DISTRICT TRANSFERRED $20,000,000 TO THE FOUNDATION TO INVEST IN FUNDS. WHILE THE ASSETS AND SUBSEQUENT NET EARNINGS REMAIN THE PROPERTY OF THE DISTRICT, THE FOUNDATION ASSESSES AND EARNS AN ANNUAL ADMINISTRATION FEE AT 0.5% OF THE ASSETS AT THE BEGINNING OF EACH FISCAL YEAR ON JULY 1. THE AGREEMENT EXPIRES ON JUNE 30, 2029. PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS, APPROVED BY THE EXECUTIVE COMMITTEE, THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR THE SCHOLARSHIPS SUPPORTED BY ITS ENDOWMENT ASSETS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA TAX CODE. CONTRIBUTIONS TO THE FOUNDATION ARE DEDUCTIBLE FOR TAX PURPOSES UNDER SECTION 170(C)(2) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT INVOLVED IN ANY ACTIVITIES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. AS A RESULT, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE FOUNDATION EVALUATES UNCERTAIN TAX POSITIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2025, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. PART XI, LINE 2D - OTHER ADJUSTMENTS: AMOUNTS REMITTED ON BEHALF OF SPECIFIED GROUPS -1,254,345. CHANGE IN VALUE OF PERPETUAL TRUST 19,267. CHANGE IN VALUE OF CALIFORNIA COMMUNITY COLLEGES SCHOLARHSIP FUND 108,416. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -30,826. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 30,826. PART XII, LINE 4B - OTHER ADJUSTMENTS: AMOUNTS REMITTED ON BEHALF OF SPECIFIED GROUPS 1,254,345. GOLF TOURNAMENT 155089 113166 41923 30826 155089 113166 41923 30826 30826 11097 1 LBCC ASSOCIATE GROUPS 4901 E CARSON ST LONG BEACH CA 90808 952654140 170(B)(1)(A)(II) 1254345 0 PROGRAM SUPPORT GRANTS AND SCHOLARSHIPS 768 1249078 PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S. WHEN THE GRANT AWARDEE REQUESTS PAYMENT REGARDING THE EVENT OR PROJECT, THE REQUEST FORM AND ALL PROPER SIGNATURES, AUTHORIZATIONS, AND RECEIPTS PROVIDED ARE 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 PROVIDE THE SCHOLARSHIP OFFICE THEIR SCHEDULE OF CLASSES FOR VERIFICATION OF ENROLLMENT IN THE CORRECT NUMBER OF UNITS, HAVE APPROPRIATE GPA, AND ARE TAKING THE SPECIFIC COURSES AS REQUIRED BY THE SCHOLARSHIP. X X 0 0 0 0 0 0 0 0 0 PAUL KAMINSKI CHIEF EXECUTIVE OFFICER 188305 0 0 0 0 0 7239 0 14315 0 209859 0 0 0 X 3 107068 FMV X 7053 FMV 0 0 1 0 PART I, COLUMN (B): TOTAL NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP COMPLETELY OF MEMBERS OF THE BOARD. A MAJORITY OF THE MEMBERS ARE OFFICERS OF THE BOARD HOWEVER THERE ARE ALSO INDIVIDUALS WHO ACT AS A LIAISON TO THE BOARD OF TRUSTEES, SUPERINTENDENT-PRESIDENT, AND A COLLEGE LIAISON AS WELL AS THE CEO OF THE FOUNDATION. THE FORMER MEMBERS WHO ARE NOT BOARD OFFICERS DO NOT HAVE VOTING RIGHTS IN THE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE AND EXTERNAL CPA WILL REVIEW THE FORM 990 FOR ACCURACY AND PROVIDE A MOTION TO APPROVE. ONCE APPROVED, THE EXECUTIVE COMMITTEE REVIEWS FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, GOVERNORS SIGN A CONFLICT OF INTEREST DISCLOSURE FORM. THE EXECUTIVE DIRECTOR AND THE PRESIDENT OF THE BOARD OF GOVERNORS REVIEW EACH DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE IS RESPONSIBLE FOR ESTABLISHING TERMS OF EMPLOYMENT AND ON A PERIODIC BASIS, REVIEWING THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMPENSATION IS RECOMMENDED BY THE PERSONNEL COMMITTTEE AND FINANCE COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE. FOUNDATION EMPLOYEES' SALARIES AND BENEFITS ARE REVIEWED BY THE FOUNDATION'S PERSONNEL COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION USES GUIDESTAR TO MAKE ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION IN ADDITION TO PROVIDING THEM UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST 19,267. CHANGE IN VALUE OF CALIFORNIA COMMUNITY COLLEGES SCHOLARSHIP FUND 108,416. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. LONG BEACH COMMUNITY COLLEGE DISTRICT 4901 E CARSON ST LONG BEACH CA 90808 952654140 SECONDARY EDUCATION CA N/A 0 LBCC ASSOCIATE GROUPS 4901 E CARSON ST LONG BEACH CA 90808 952654140 ATHLETIC AND CULTURAL CA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 LBCC ASSOCIATE GROUPS B 4500 CASH LONG BEACH COMMUNITY COLLEGE DISTRICT Q 275950 CASH