Liberty Hill Foundation

“Form 990 is prepared by the foundation's outside auditor after the completion of the annual audit. The draft form 990 is then reviewed by staff before being forwarded to the audit committee of the board of directors. This committee reviews the form 990 and makes comments or corrections prior to the return being filed. When completed, the form 990 is distributed to the full board of directors, and the audit committee reports to the full board of directors on their review of the form 990.”

“Liberty hill foundation reviews the conflict of interest policy with each board member on an annual basis.”

“The board of directors reviewed salary surveys from various sources and determined the salary for the ceo based on the comparable data and his or her level of experience. The ceo followed the same process for determining the salaries of directors. The information reviewed is documented in the personnel files.”

“Financial statements will be made available on the website. Other documents available upon request.”

“Liberty hill is a laboratory for social change philanthropy. We leverage the power of community organizers, donor activists and allies to advance social justice through strategic investment in grants, leadership training and campaigns. Liberty hill envisions a society built on racial, economic, environmental and social justice in which all people have a powerful voice, including those currently shut out of our democracy, people cut off from opportunities because they are poor, because of their skin color, because of their gender or sexual orientation, because of where they live, or where they were born. We will not rest until society provides justice and equality for all.”

“The liberty hill foundation is an accelerator of community organizing in los angeles. Liberty hill's nimble, innovative approach is based on current conditions, trusting relationships, and our deep understanding of los angeles social movements. Since it is impossible to predict political changes, we build organizers' skills, relationships, tools, systems and infrastructure so they are in place and ready to seize political opportunities when they arise. This approach results in long-term impact, such as passing the $15 minimum wage, winning rent caps, and securing millions of dollars in investments for youth and environmental justice. We build a diverse ecosystem of organizations to tackle today's issues and stand ready for tomorrow's movements. We use information from the frontlines of community change to continuously revise and prioritize specific issues to address. With an engaged community funding board and staff with their fingers on the pulse of community change, liberty hill retains the flexibility to direct its resources to the efforts that will result in the greatest good, balancing near-term impact and long-term capacity. We use a mix of tools to support these grassroots organizations, including responsive grantmaking; training, coaching, peer-learning, technical assistance and other capacity building; inside/outside strategies; leading and fueling advocacy campaigns; commissioner training; convening; research and analyses; and access to donors and foundations. Investing in social change is risky because we are tackling society's most intractable problems and we will sometimes fail. But overall the return on investment in community organizing is $90 to $1 so we know it works. With 40 years of experience on the frontlines of social change, we invest in campaigns to win significant victories now and fuel the ecosystem and infrastructure necessary to build long-term movements for social change.”

“Donated services received -15,000. Investment expenses offset against income on financial statements -58,033.”