Foundation for the Los Angeles

“The committees of the governing body are advisory boards and do not have the authority to act on behalf of the governing body”

“A complete copy (including all of schedule b) of the form 990 be provided to the entire organization's governing body, as well as the finance and audit committees, electronically via email, with at least 3 business days to submit any questions or edit requests, before it is filed.”

“Each member of the board is required to complete a conflict of interest form on an annual basis. If there are conflicts, the rest of the board would be made aware of it. The member would abstain from discussion or voting related to that conflict of interest.”

“Governing documents, conflicts of interest and financial statements are available to the public upon request.”

“Launched several new scholarships: a blip in my story scholarship, sam and pauline ezrol scholarship, a single parents journey scholarship, african american outreach initiative scholarship, dr. Linda cole student parent success scholarship, gladys german memorial scholarship. Opened four new endowed funds: student success endowed fund, student parent support endowed fund, tricolor foundation endowed scholarship fund, michael j. Noll endowed scholarship fund. Expanded focus area: supporting student parents in 2024, the foundation for the los angeles community colleges made significant strides in supporting student parents. With nearly one-third of laccd students identifying as parents or caregivers, the foundation's initiatives included expanding data collection through student surveys, highlighting priority registration, and launching dedicated scholarships and endowed funds.”

“In june 2024, we celebrated the 8th year and 2,000th nursing graduate to be awarded the vicky chang nclex grant to help nursing graduates to afford their rn licensing exam, concluding a multi-year pledge for this special program. Our dedicated board of directors completed a robust new member recruitment process that led to 8 new members who bring a range of valuable skills and perspectives to our work.”

“Outside contract services: program service expenses 265,073. Management and general expenses 788. Fundraising expenses 0. Total expenses 265,861.”

“The organization has not changed its oversight process or selection process during the last tax year.”