EIN 20-6390272

Laguna Beach Community Foundation (LBCF)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2022-12-01
NTEE code, primary
Description
We provide expertise and resources to assist local charities, connect donor passions with nonprofit needs, and work with local professional advisors in assisting their clients in giving now and beyond their lifetimes with a legacy gift.
Also known as...
Laura Tarbox Ttee
Total revenues
$125,668
2022
Total expenses
$786,463
2022
Total assets
$911,477
2022
Num. employees
0
2022

Program areas at LBCF

Terry Smith Trust Fund & Wayne L Peterson Trust Fund:In 2021, the Foundation was the recipient of a large testamentary gift. The donors left instructions for the Foundation as to how to distribute the funds to certain 501(c)(3) organizations.In 2022, following the instructions left by the donors, we distributed $651,632 from the Terry Smith Trust and the Wayne L Peterson Trust Funds to Laguna College of Art and Design ($524,632), Pomona College ($68,000), St. Mary's Episcopal Church ($34,000) and Seaside Legal Services ($25,000).
To establish and maintain charitable funds to promote philanthropy.
Laguna COVID-19 Relief Fund:Thanks to philanthropic leaders of the Laguna Beach community, LBCF partnered with the Boys and Girls Club to raise nearly half a million dollars to support members of the community, be they residents or local employees, affected by the COVID-19 pandemic. $441,000 was distributed to nearly 1000 people in need. In 2022, the organization also contributed over $111,000 to Charities Aid Foundation America.

Grants made by LBCF

GranteeGrant descriptionAmount
Laguna College of Art and Design (LCAD)General Fund$524,633
Charities Aid Foundation of AmericaGeneral Fund$111,380
Pomona CollegeGeneral Fund$68,000
...and 2 more grants made

Who funds Laguna Beach Community Foundation (LBCF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lamb Family Foundation %dave LambGeneral Fund$20,050
Macgillivray Family FoundationSupport Charitable Activities$3,000
Hanauer Family FoundationUnrestricted General Operating Support$1,500
...and 1 more grant received

Personnel at LBCF

NameTitleCompensation
Dennis BoyerRetiring Chairman of Preston Clarke and Company$0
Thomas P. DavisVice Chair
Tom DavisChairman of the Board / Vice - Chairman$0
Rob HarrymanTreasurer$0
Mary FergusonSecretary$0

Financials for LBCF

RevenuesFYE 12/2022
Total grants, contributions, etc.$119,130
Program services$6,538
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$125,668

Form 990s for LBCF

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-31990View PDF
2018-122020-01-30990View PDF
2017-122019-03-15990View PDF
...and 10 more Form 990s
Data update history
January 7, 2024
Updated personnel
Identified 7 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $3,000 from Macgillivray Family Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2023
Received grants
Identified 3 new grant, including a grant for $75,000 from Laguna Beach Community Foundation (LBCF)
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
580 Broadway 204
Laguna Beach, CA 92651
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
lagunabeachcf.org/ 
Phone
(949) 715-8223
Facebook page
lagunabeachcf 
IRS details
EIN
20-6390272
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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