EIN 95-3297459

Long Beach City College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1978
Most recent tax filings
2023-06-01
Description
LBCC Foundation supports LBCC by providing financial aid & assistance in achieving educational, athletic, and cultural goals.
Total revenues
$5,980,552
2023
Total expenses
$3,202,159
2023
Total assets
$30,415,614
2023
Num. employees
14
2023

Program areas at Long Beach City College Foundation

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 1086 scholarships and awards to qualified students.
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.

Who funds Long Beach City College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
John Apostle and Helen Apostle FoundationSocial Service$130,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$84,013
Byrd TR Fbo Long Beach City CollegeGeneral Support$73,882
...and 20 more grants received totalling $547,976

Personnel at Long Beach City College Foundation

NameTitleCompensation
Paul KaminskiChief Executive Officer$161,965
Mike MunozSuperintendent - President
Gina MascaroLac Campus, Building O - 2 Senior Director of Development and Athletics
Theresa BrunellaPCC Campus , Building QQ
Jessica MouloudiLac Campus, Building O - 2 Communications and Marketing Manager
...and 16 more key personnel

Financials for Long Beach City College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,875,656
Program services$0
Investment income and dividends$814,810
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-37,765
Net income from fundraising events$-22,888
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$350,739
Total revenues$5,980,552

Form 990s for Long Beach City College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-11990View PDF
2021-062022-05-10990View PDF
2020-062021-05-18990View PDF
2019-062020-10-05990View PDF
...and 9 more Form 990s
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Updated personnel
Identified 16 new personnel
July 9, 2024
Received grants
Identified 6 new grant, including a grant for $45,433 from Foundation for California Community Colleges
April 4, 2024
Updated personnel
Identified 39 new personnel
March 29, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
4901 E Carson St B-12
Long Beach, CA 90808
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
lbccfoundation.org/ways-to-give/ 
Phone
(562) 938-4134
IRS details
EIN
95-3297459
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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