Civic Intelligence

Las Positas College Foundation

990 • Fiscal year 2017 • EIN 71-0942040

Jul 01, 2016 to Jun 30, 2017 • Filed on May 04, 2018

3000 Campus Hill DriveLivermore, CA 94551-7623

(925) 424-1010

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$140,241

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

99th percentile

382%

Faster asset growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

640%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$8,493,568

Up $6,732,969 (+382%) from 2016

Net Assets

Up

$8,330,945

Up $6,688,006 (+407%) from 2016

Liabilities

Up

$162,623

Up $44,963 (+38%) from 2016

Revenue

Up

$7,038,458

Up $6,086,827 (+640%) from 2016

Expenses

Down

$613,777

Down $44,480 (-6.8%) from 2016

Net Income

Up

$6,424,681

Up $6,131,307 (+2090%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $900,231Liabilities 2011: $0Net Assets 2011: $900,2312011Assets 2012: $858,540Liabilities 2012: $520Net Assets 2012: $858,0202012Assets 2013: $931,297Liabilities 2013: $25,971Net Assets 2013: $905,3262013Assets 2014: $1,503,228Liabilities 2014: $38,241Net Assets 2014: $1,464,9872014Assets 2015: $1,441,136Liabilities 2015: $32,436Net Assets 2015: $1,408,7002015Assets 2016: $1,760,599Liabilities 2016: $117,660Net Assets 2016: $1,642,9392016Assets 2017: $8,493,568Liabilities 2017: $162,623Net Assets 2017: $8,330,9452017Assets 2018: $9,045,702Liabilities 2018: $124,434Net Assets 2018: $8,921,2682018Assets 2019: $8,642,106Liabilities 2019: $301,791Net Assets 2019: $8,340,3152019Assets 2020: $8,237,835Liabilities 2020: $61,310Net Assets 2020: $8,176,5252020Assets 2021: $11,176,341Liabilities 2021: $42,873Net Assets 2021: $11,133,4682021Assets 2022: $9,751,542Liabilities 2022: $274,854Net Assets 2022: $9,476,6882022Assets 2023: $10,143,069Liabilities 2023: $183,831Net Assets 2023: $9,959,2382023Assets 2024: $11,018,266Liabilities 2024: $45,147Net Assets 2024: $10,973,1192024

Highlighted filing

2017

Assets$8,493,568
Liabilities$162,623
Net Assets$8,330,945

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,104,6932011Expenses 2012: $451,1872012Revenue 2013: $496,272Expenses 2013: $530,928Net Income 2013: -$34,6562013Revenue 2014: $991,546Expenses 2014: $539,006Net Income 2014: $452,5402014Revenue 2015: $507,715Expenses 2015: $538,307Net Income 2015: -$30,5922015Revenue 2016: $951,631Expenses 2016: $658,257Net Income 2016: $293,3742016Revenue 2017: $7,038,458Expenses 2017: $613,777Net Income 2017: $6,424,6812017Revenue 2018: $800,018Expenses 2018: $571,314Net Income 2018: $228,7042018Revenue 2019: $1,147,473Expenses 2019: $1,199,396Net Income 2019: -$51,9232019Revenue 2020: $1,371,679Expenses 2020: $529,622Net Income 2020: $842,0572020Revenue 2021: $804,644Expenses 2021: $868,783Net Income 2021: -$64,1392021Revenue 2022: $1,130,500Expenses 2022: $816,026Net Income 2022: $314,4742022Revenue 2023: $849,321Expenses 2023: $933,670Net Income 2023: -$84,3492023Revenue 2024: $1,008,487Expenses 2024: $826,382Net Income 2024: $182,1052024

Highlighted filing

2017

Revenue$7,038,458
Expenses$613,777
Net Income$6,424,681
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 4, 2018
Return Version
2016v3.0
Gross Receipts
$7,079,322
Mission and Program Overview

Mission

To support and advance the College and its students through active resource development and effective community partnerships.

The mission of the Organization is to support and advance the college and its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,524,426$8,230,483▲ $6,706,057
Cash and Non-Interest-Bearing Accounts$44,225$160,887▲ $116,662
Pledges and Grants Receivable$190,000$100,250▼ $89,750
Prepaid Expenses and Deferred Charges$1,948$1,948→ $0
Total Assets$1,760,599$8,493,568▲ $6,732,969
Liabilities
Accounts Payable and Accrued Expenses$117,660$162,623▲ $44,963
Total Liabilities$117,660$162,623▲ $44,963
Net Assets / Fund Balance
Permanently Rstr Net Assets$301,553$7,151,553▲ $6,850,000
Temporarily Rstr Net Assets$1,372,438$1,110,648▼ $261,790
Unrestricted Net Assets$-31,052$68,744▲ $99,796
Total Net Assets Fund Balance$1,642,939$8,330,945▲ $6,688,006
Total Liabilities and Net Assets / Fund Balance$1,760,599$8,493,568▲ $6,732,969

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$314,369$6,850,000▼ $12,816-$7,151,553
2015$335,494$4,251▼ $25,376-$314,369
2014$344,025$4,491▼ $13,022-$335,494
2013$306,425$4,318▲ $33,282-$344,025
2012$289,741-▲ $16,684-$306,425
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth CooperExecutive DirectorFT$93,841$46,400$140,241

Board Members and Trustees

NameTitle
Stephanie BeaslyChair
Lynn SeppalaImmediate Past Chair
Martha SuttonTreasurer & Chair Elect
Lori SouzaVice Chair, Events
Jim OttVice President, Board Develop.
Amrita NattDirector
Donald LancasterDirector
Eduardo SalazDirector
Jim BonoDirector
Kareen KnowlesDirector
Ralph KokkaDirector
Roanna BennieSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$6,970,532
Program Service Revenue
$5,391
Investment Income
$70,034
Other Revenue
$-7,499
All Other Contributions
$6,844,684
Change in Net Assets
$6,424,681

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,038,458
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$315,689
Total Revenue per Audited Statements
$7,354,147
Total Revenue per Form 990
$7,038,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$249,745
Other Expenses$248,246
Salaries, Compensation, and Employee Benefits$115,786
Total Fundraising Expense$53,554
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$249,745--$249,745
Current Officers, Directors, Trustees, and Key Employees$13,346$23,355$30,028$66,729
Office Expenses$46,631$1,054$3,229$50,914
Fees for Services Accounting-$42,858-$42,858
Fees for Services Other$29,697-$800$30,497
Other Salaries and Wages$785$26,327-$27,112
Other Employee Benefits$2,930$12,423$6,592$21,945
Travel$19,439$524-$19,963
Information Technology$8,325$9,945-$18,270
Advertising$10,867-$6,212$17,079
Conferences and Meetings$6,418$74$633$7,125
Insurance-$700-$700
Other Expenses$119$75$25$100
Total Functional Expenses$435,779$124,444$53,554$613,777

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$666,141
Expenses per Audited Statements$613,777
Total Expenses per Form 990$613,777
Expenses Not Reported on Form 990$52,364
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,864
Fundraising Gross Income$33,365
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Best of the Best Gala$105,789$19,070$13,469$5,601
Cv4$53,424$14,295$7,795$6,500
Total Events$159,213$33,365$40,864$-7,499
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Form 990 is reviewed by the finance committee and the treasurer and submitted to the board for approval prior to being filed.

Form 990, Part VI, Section B, line 12C

The conflict of interest code is updated by each board member on an annual basis.

Form 990, Part VI, Section B, line 15

Management is paid on a scale in line with that of the college salary scale. Salaries are determined by the college and approved by the board. Actual payroll is paid through the college and the organization reimburses the college for salary expenses. As a result, no W-2s were issued by the Foundation.

Form 990, Part VI, Section C, line 19

All governing documents, conflict of interest policy, financial statements and the Form 990 are available at the Organization's offices upon request.

Filing and Contact Details

Filer

Filer Name
Las Positas College Foundation
EIN
71-0942040
Phone
9254241010
Address
3000 Campus Hill Drive, Livermore, CA 94551-7623

Signing Officer

Name
Marti Sutton
Title
Chair
Phone
9254241010
Signed
2018-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Cooper
Formed
2003
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
183

Preparer

Firm
Mkr Accounting
Address
6927 Saroni Drive, Oakland, CA 94611
Phone
5103380692
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The organization has an audit committee that oversees the audit and the work of the independent auditors.

Financial Statement Notes

Part V, Line 4:

The Foundation participates in the California Community Colleges Scholarship Program through the Foundation for California Community Colleges (FCCC). This program challenged community colleges and their related foundations to raise additional contributions to be designated as part of a permanent endowment for the FCCC's Osher Scholarship Endowment.

Part X, Line 2:

Each year managment considers whether any material tax position the Foundation has taken is more likely than not to be sustained upon examination by the applicable taxing authority. Management believes that any positions the Foundation had taken are supported by substantial authority and, hence, do not need to be measured or disclosed in the finanical statments.

Part XI, Line 2D - Other Adjustments:

Direct Fundraising Expenses

Part XII, Line 2D - Other Adjustments:

Direct Fundraising Expenses

Sch D, Page 4, Part XI, Ln 2D

Direct fundraising expenses are deducted directly from fundraising gross income on Form 990, Page 9, Part VIII Statement of Revenue (see ln 8b).

Sch D, Page 4, Part XII, Ln 2D

Direct fundraising expenses are deducted directly from fundraising gross income on Form 990, Page 9, Part VIII Statement of Revenue (see ln 8b) and thus are not part of total expenses shown on this tax return.

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IRS990/Desc0The Foundation believes that affordable, high-quality education is critical to the success of the Tri-Valley; it also realizes that such education is not guaranteed through traditional, state funding. Accordingly, the Members of the Board are dedicated to pursuing alternative support for the College through grants, direct investments, and in-kind gifts from local businesses, industries and individuals.In this era of diminished public support, myriad aspects of a full, meaningful and attainable college experience, from drama, dance and forensics to student scholarships and staff professional development, have come to be considered almost "extras." Many vital and significant LPC activities and programs are not funded by tuition or the State of California. The basic cost of a California community college education is a remarkable bargain for students wishing to prepare for transfer to a four-year institution or for those who want career technical instruction. Class fees for residents are just $46 per credit. In actuality, however, the true actual and emotional costs of higher education must also include child care, transportation, and lost work and family time. Far and away the most easily quantified additional costs are for supplies, principally textbooks. A single text often costs in excess of $100 and can exceed $400. Sadly, these "extra" costs can force some students to attempt to take classes without a textbook or, worse, drop out of college. Making scholarships available to Las Positas College students is critical to their success. Each year the Las Positas College Foundation makes grants available to students based on need and/or academic achievement. Scholarships are most often offered to any student who qualifies but some are focused on special types of students. The most compelling cohort of the latter group is returning veterans - a population that has shown remarkable growth in the past several years.Beyond direct aid to students in the form of scholarships, The Las Positas College Foundation supports a broad array of programs that enhance the learning and collegiate experience of its students and ability of its faculty to be more effective. Examples of these other types of support are:Literary and Performing Arts:-LPC Express student newspaper -Campus and Community focused Literary Magazine, Anthology and feature magazine, Naked-Theater Performances of Drama, Dance and Music -Theater facilities sound system mixing board-Award winning Speech and Debate TeamBusiness: -Shark Tank contest for business studentsOther:- Tutorlink on campus peer tutoring programAthletics:-Uniforms and equipment for all Sports Programs, such as Men's and Women's Basketball, swimming and soccer -Equipment for the new Sports Complex (Gym, Fields, and Aquatics Center) Teaching and Learning Initiatives:-Staff Development -Faculty Enriched Programs -Student Government Textbook Loaner Program-Lecture Series such as Brain Awareness Week and the Campus Change NetworkEmerging Science Programs: -Laboratory equipment and associated upgrades -Science Complex equipment and Lab expendables Scholarships: One of the primary missions of the Foundation is to provide scholarships. To date over $600,000 has been awarded. This year the Foundation offers the new Mertes Scholarships for Performing Arts, Valley Care and Athletics. Performing Arts: The performing arts program and Las Positas College is support by the Foundation through Cycle Grants and special fundraising, including providing Applied Music Lessons to help students complete this graduation requirement. Scholarships are provided for performing arts students continuing to a four-year college. Veteran Student Support: The Foundation strongly supports veterans enrolled at LPC. The Veterans Resource Center provides wrap-around services such as textbook and laptop programs, tutoring, scholarship assistance, counseling and help with jobs and housing. Business: A new scholarship is being provided for a busine
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IRS990/Form990PartVIISectionAGrp/PersonNm0Martha Sutton
IRS990/Form990PartVIISectionAGrp/PersonNm1Stephanie Beasly
IRS990/Form990PartVIISectionAGrp/PersonNm2Roanna Bennie
IRS990/Form990PartVIISectionAGrp/PersonNm3Lori Souza
IRS990/Form990PartVIISectionAGrp/PersonNm4Eduardo Salaz
IRS990/Form990PartVIISectionAGrp/PersonNm5Jim Ott
IRS990/Form990PartVIISectionAGrp/PersonNm6Jim Bono
IRS990/Form990PartVIISectionAGrp/PersonNm7Ralph Kokka
IRS990/Form990PartVIISectionAGrp/PersonNm8Lynn Seppala
IRS990/Form990PartVIISectionAGrp/PersonNm9Donald Lancaster
IRS990/Form990PartVIISectionAGrp/PersonNm10Kareen Knowles
IRS990/Form990PartVIISectionAGrp/PersonNm11Amrita Natt
IRS990/Form990PartVIISectionAGrp/PersonNm12Kenneth Cooper
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer & Chair Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair, Events
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President, Board Develop.
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Immediate Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0125848
IRS990/FundraisingDirectExpensesAmt040864
IRS990/FundraisingGrossIncomeAmt033365
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0249745
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0249745
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0249745
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07079322
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09945
IRS990/InformationTechnologyGrp/ProgramServicesAmt08325
IRS990/InformationTechnologyGrp/TotalAmt018270
IRS990/InsuranceGrp/ManagementAndGeneralAmt0700
IRS990/InsuranceGrp/TotalAmt0700
IRS990/InvestmentIncomeGrp/ExclusionAmt070034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt070034
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To support and advance the College and its students through active resource development and effective community partnerships.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01642939
IRS990/NetAssetsOrFundBalancesEOYAmt08330945
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-7499
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-7499
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0263325
IRS990/NoncashContributionsAmt021622
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03229
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01054
IRS990/OfficeExpensesGrp/ProgramServicesAmt046631
IRS990/OfficeExpensesGrp/TotalAmt050914
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06592
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012423
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021945
IRS990/OtherExpensesGrp/Desc0Events
IRS990/OtherExpensesGrp/Desc1Other expenses
IRS990/OtherExpensesGrp/Desc2Bank charges
IRS990/OtherExpensesGrp/Desc3Taxes and licenses
IRS990/OtherExpensesGrp/FundraisingAmt01036
IRS990/OtherExpensesGrp/FundraisingAmt14999
IRS990/OtherExpensesGrp/FundraisingAmt225
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06421
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1688
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt275
IRS990/OtherExpensesGrp/ProgramServicesAmt041138
IRS990/OtherExpensesGrp/ProgramServicesAmt16339
IRS990/OtherExpensesGrp/ProgramServicesAmt2119
IRS990/OtherExpensesGrp/TotalAmt041138
IRS990/OtherExpensesGrp/TotalAmt113796
IRS990/OtherExpensesGrp/TotalAmt25806
IRS990/OtherExpensesGrp/TotalAmt3100
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026327
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0785
IRS990/OtherSalariesAndWagesGrp/TotalAmt027112
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0301553
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07151553
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0190000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100250
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01948
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01948
IRS990/PrincipalOfficerNm0Kenneth Cooper
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Textbook loan fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05391
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05391
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0942438
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0326055
IRS990/PYInvestmentIncomeAmt038890
IRS990/PYOtherExpensesAmt0217203
IRS990/PYOtherRevenueAmt0-43375
IRS990/PYProgramServiceRevenueAmt013678
IRS990/PYRevenuesLessExpensesAmt0293374
IRS990/PYSalariesCompEmpBnftPaidAmt0114999
IRS990/PYTotalExpensesAmt0658257
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0951631
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06424681
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05391
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01524426
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08230483
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Description: See part VI Date: 12/16/16 Amount: 1500000. Description: See part VI Date: 03/01/17 Amount: 4300000. Description: See part VI Date: 03/09/17 Amount: 600000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1A bequest was received from the Mertes Family Trust in 2016. However, the full amount of the bequest was not measureable and could not be recorded during the previous tax year. Subsequently, the organization received a total of $6,850,000, with the initial $450,000 deposited in May 2016 and the remaining $6,400,000 in December 2016 and May 2017.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part VI, List of Unusual Grants:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A - Unusual Grants
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06982033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0942437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0495341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0927947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0503957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09851715
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt086094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038890
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024607
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0207814
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05391
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013678
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019069
IRS990ScheduleA/PublicSupportCY170Pct00.94870
IRS990ScheduleA/PublicSupportPY170Pct00.78160
IRS990ScheduleA/PublicSupportTotal170Amt09561287
IRS990ScheduleA/SubstantialContributorsTotAmt0290428
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06982033
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0942437
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0495341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0927947
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0503957
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09851715
IRS990ScheduleA/TotalSupportAmt010078598
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0314369
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt06850000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07151553
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-12816
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0335494
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt04251
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0314369
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-25376
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0344025
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt04491
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0335494
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-13022
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0306425
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04318
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0344025
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt033282
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0289741
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0306425
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016684
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt011500
IRS990ScheduleD/DonatedServicesUseFcltsAmt011500
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt052364
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0613777
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0263325
IRS990ScheduleD/OtherExpensesIncludedAmt040864
IRS990ScheduleD/OtherRevenueAmt040864
IRS990ScheduleD/RevenueNotReportedAmt0315689
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07038458
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation participates in the California Community Colleges Scholarship Program through the Foundation for California Community Colleges (FCCC). This program challenged community colleges and their related foundations to raise additional contributions to be designated as part of a permanent endowment for the FCCC's Osher Scholarship Endowment.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Each year managment considers whether any material tax position the Foundation has taken is more likely than not to be sustained upon examination by the applicable taxing authority. Management believes that any positions the Foundation had taken are supported by substantial authority and, hence, do not need to be measured or disclosed in the finanical statments.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Direct Fundraising Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Direct Fundraising Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Direct fundraising expenses are deducted directly from fundraising gross income on Form 990, Page 9, Part VIII Statement of Revenue (see ln 8b).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5Direct fundraising expenses are deducted directly from fundraising gross income on Form 990, Page 9, Part VIII Statement of Revenue (see ln 8b) and thus are not part of total expenses shown on this tax return.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Sch D, Page 4, Part XI, Ln 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5Sch D, Page 4, Part XII, Ln 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0613777
IRS990ScheduleD/TotalRevenuePerForm990Amt07038458
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07354147
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0666141

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.0$0.05$11.0$1.01$0.83$0.18
2023Detailed filing. Detailed filing data is available for this year.$10.1$0.18$9.96$0.85$0.93$0.08
2022Detailed filing. Detailed filing data is available for this year.$9.75$0.27$9.48$1.13$0.82$0.31
2021Detailed filing. Detailed filing data is available for this year.$11.2$0.04$11.1$0.80$0.87$0.06
2020Detailed filing. Detailed filing data is available for this year.$8.24$0.06$8.18$1.37$0.53$0.84
2019Detailed filing. Detailed filing data is available for this year.$8.64$0.30$8.34$1.15$1.20$0.05
2018Detailed filing. Detailed filing data is available for this year.$9.05$0.12$8.92$0.80$0.57$0.23
2017Detailed filing. Detailed filing data is available for this year.$8.49$0.16$8.33$7.04$0.61$6.42
2016Detailed filing. Detailed filing data is available for this year.$1.76$0.12$1.64$0.95$0.66$0.29
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.03$1.41$0.51$0.54$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.04$1.46$0.99$0.54$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.03$0.91$0.50$0.53$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.00$0.86$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$1.10