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Laguna Beach Community Foundation

 P.O. BOX 1628
 Laguna Beach, CA 92652
[P] (949) 7158223
[F] (949) 7158225
lagunabeachcf.org
[email protected]
Rachel Lindsay
FOUNDED: 2004
INCORPORATED: 2006
 Printable 1 Page Summary
 Printable Profile
Organization DBA --
Former Names --
Organization received a competitive grant from the community foundation in the past five years No
Employer Identification Number 20-6390272 00000

Summary


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Mission StatementMORE »

The mission of the Laguna Beach Community Foundation is to encourage philanthropy in the greater Laguna Beach area through its charitable organizations and residents.

Mission Statement

The mission of the Laguna Beach Community Foundation is to encourage philanthropy in the greater Laguna Beach area through its charitable organizations and residents.

FinancialsMORE »

Fiscal Year 2017
Projected Expenses $288,539.00
Projected Revenue $299,500.00

ProgramsMORE »

  • Arts
  • Environment
  • Health and Human Services

Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview


Mission Statement

The mission of the Laguna Beach Community Foundation is to encourage philanthropy in the greater Laguna Beach area through its charitable organizations and residents.

Background Statement

While sharing an office with Laguna Canyon Foundation eleven years ago, Peter Kote, Michael Pento, Wayne Peterson, and Mary Fegraus met with the notion that Laguna Beach was a very unique and treasured place and would be the right area to start a community foundation. Though other community foundations were focused on Orange County as a whole, it was felt that the Laguna Beach Community had a desire and a heart to give back and nourish the grounds in which they lived.

The idea was to give the Laguna Beach community the opportunity to not only give today, but establish a legacy that would provide countless tomorrows. Since inception, the Laguna Beach Community Foundation has been met with extreme talent and passion from staff, board members, and volunteers.

Since 2010, over 300 grants have been distributed totaling over three million dollars. Currently averaging one to two grants being issued per week, the Laguna Beach Community Foundation looks forward to extending its reach and further impacting the community we depend on and love.


Impact Statement

2014 Accomplishments:
1. Increased the number of Donor Advised Funds by 10%.
2. Brought on a new endowment fund with over a million dollars in assets.
3. Hired a new Associate Project Coordinator.
 
2015 Goals:
1. Implement Online Donor Portal for ease of access to donor advised fund.
2. Begin utilization of sales force to better manage current donors and to pipeline for the future.
3. Execute on strategic goals relating to social media, community engagement, and donor stewardship. 

Needs Statement

1. Increase Donor Advised Funds to become a self sustaining organization.
2. In the meantime, increase operational funds through grant writing.
3. Establish an Environmental Coalition that will connect passionate donors to potential projects/organizations of interest.
4. Create tools available to our professional council that will assist them in meeting their clients giving goals.
5. Establish ourselves as the number one resource for philanthropic goals in the Southern OC region.

CEO Statement

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Board Chair Statement

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Other Ways to Donate/Volunteer

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Geographic Area Served

Central Orange County
West Orange County
South Orange County
North Orange County
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Organization Categories

  1. Philanthropy,Voluntarism & Grantmaking Foundations - Community Foundations
  2. Philanthropy,Voluntarism & Grantmaking Foundations - Fund Raising & Fund Distribution
  3. Philanthropy,Voluntarism & Grantmaking Foundations - Philanthropy,Voluntarism & Grantmaking Foundations NEC

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Programs


Arts

One of our three initiatives with LBCF is the preservation and promotion of arts in the community.
Budget  $25,000.00
Category  Arts, Culture & Humanities, General/Other Arts, Culture & Humanities, General/Other
Population Served US
Program Short-Term Success  By the end of the year, we aim to draw attention to a special interest fund focusing on the arts to help aid in the promotion and preservation of arts in our community.
Program Long-Term Success  We aim to increase the amount of support granted to arts related causes. 
Program Success Monitored By  Success will be monitored by the number of relationships built and donor funds dedicated to the cause.
Examples of Program Success  The greater the number of arts related causes benefiting from our special interest fund, the greater the success. 

Environment

One of our three initiative with LBCF is the preservation and support of the environment. 

Budget  $25,000.00
Category  Environment, General/Other Environment, General/Other
Population Served US
Program Short-Term Success 

By the end of the year, we aim to draw attention to a special interest fund focusing on the environment to help aid in the promotion and preservation of the environment.

Program Long-Term Success 

We aim to increase the amount of support granted to environmentally related causes.

Program Success Monitored By 

Success will be monitored by the number of relationships built and donor funds dedicated to the cause.

Examples of Program Success 

The greater the number of environmentally related causes benefiting from our special interest fund, the greater the success.


Health and Human Services

One of our three initiative with LBCF is the preservation and promotion of health and human services.

Budget  $25,000.00
Category  Human Services, General/Other Family-Based Services
Population Served US
Program Short-Term Success 

By the end of the year, we aim to draw attention to a special interest fund focusing on health and human services to help aid in the promotion and preservation of our community.

Program Long-Term Success 

We aim to increase the amount of support granted to health and human services related causes.

Program Success Monitored By 

Success will be monitored by the number of relationships built and donor funds dedicated to the cause.

Examples of Program Success 

The greater the number of health and human services related causes benefiting from our special interest fund, the greater the success.


Management


CEO/Executive Director Mr. Dan Pingaro
CEO Term Start 2014
CEO Email [email protected]
CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --

External Assessments and Accreditations

External Assessment or Accreditation Year
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Collaborations

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Staff Information

Number of Full Time Staff 2
Number of Part Time Staff 0
Number of Volunteers 0
Number of Contract Staff 0
Staff Retention Rate % --
Staff Professional Development --

Staff Demographics

Ethnicity African American/Black: --
Asian American/Pacific Islander: --
Caucasian: --
Hispanic/Latino: --
Native American/American Indian: --
Other: 100
Other (if specified): --
Gender Female: --
Male: --
Not Specified 100

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 5
Management Succession Plan --
Organization Policies And Procedures Yes
Business Continuity of Operations Plan Yes

Risk Management Provisions

Nondiscrimination Policy --
Whistle Blower Policy --
Document Destruction Policy --
Directors and Officers Insurance Policy Yes

Reporting and Evaluations

Management Reports to Board? --
CEO Formal Evaluation and Frequency -- --
Senior Management Formal Evaluation and Frequency -- --
Non Management Formal Evaluation and Frequency -- --

Government Licenses

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CEO Comments

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Foundation Comments

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Governance


Board Chair Mr. Tom Davis
Board Chair Company Affiliation --
Board Chair Term -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Nicole Anderson -- --
Jerry Bieser -- --
Dennis Boyer -- --
Donnie Crevier -- --
Tom Davis -- --
Mandi Dossin -- --
Jim Fletcher -- --
Robert Harryman -- --
LyneƩ Kniss -- --
Meghan MacGillivray Weil -- --
John Mansour -- --
Lisa Mansour -- --
Greg Mech -- --
Laura Tarbox -- --

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Additional Board Members and Affiliations

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 0
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 100
Other (if specified): 0
Gender Female: 0
Male: 0
Not Specified 100

Board Information

Board Term Lengths 1
Board Term Limits --
Board Meeting Attendance % 90%
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Board Orientation --

CEO Comments

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Foundation Comments

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Standing Committees

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Fiscal Year Jan 01, 2017 to Dec 31, 2017
Projected Revenue $299,500.00
Projected Expenses $288,539.00
Form 990s

2015 Form 990

2014 Form 990

2013 Form 990

2012 Form 990

2011 Form 990

Audit Documents --
IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2014 2013 2012
Total Revenue $1,240,692 $642,764 $1,332,000
Total Expenses $888,024 $642,206 $1,204,844

Prior Three Years Revenue Sources

Revenue By Revenue Source
Fiscal Year 2014 2013 2012
Foundation and
Corporation Contributions
$1,154,333 $529,603 $1,184,563
Government Contributions $10,250 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified $10,250 $0 $0
Individual Contributions -- -- --
Indirect Public Support $0 $0 $0
Earned Revenue $11,708 $13,421 $1,880
Investment Income, Net of Losses $30,737 $89,505 $144,850
Membership Dues $0 $0 $0
Special Events $0 $0 $0
Revenue In-Kind $13,735 $10,235 $0
Other $72 $0 $707

Prior Three Years Expense Allocations

Expense By Type
Fiscal Year 2014 2013 2012
Program Expense $799,330 $568,422 $1,141,559
Administration Expense $50,665 $38,113 $26,740
Fundraising Expense $38,029 $35,671 $36,545
Payments to Affiliates $0 $0 $0
Total Revenue/Total Expenses 1.40 1.00 1.11
Program Expense/Total Expenses 90% 89% 95%
Fundraising Expense/Contributed Revenue 3% 7% 3%

Prior Three Years Assets and Liabilities

Assets and Liabilities
Fiscal Year 2014 2013 2012
Total Assets $2,733,525 $2,368,139 $2,209,903
Current Assets $154,155 $118,473 $103,037
Long-Term Liabilities $576,341 $575,574 $520,497
Current Liabilities $1,493 $5,556 $0
Total Net Assets $2,155,691 $1,787,009 $1,689,406

Short Term Solvency

Fiscal Year 2014 2013 2012
Current Ratio: Current Assets/Current Liabilities 103.25 21.32 inf

Long Term Solvency

Fiscal Year 2014 2013 2012
Long-term Liabilities/Total Assets 21% 24% 24%
Endowment Value --
Spending Policy --
Percentage(If selected) --
Are you currently in a Capital Campaign? --
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

CEO Comments

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Foundation Comments

Summary financial data is per the Form 990s and consultation with the organization. Foundation/corporate and individual contributions are combined under Foundation and Corporation Contributions.

Documents


Other Documents

No Other Documents currently available.