2024-11-14T16:25:19-06:00 2023-12-31 Maginnis Knechtel & McIntyre LLP 300 West Colorado Blvd Pasadena CA 91105 990 2023-01-01 262358338 LOS ANGELES PARKS FOUNDATION % C/O JONES & ASSOC LOSA 3104721990 2650 N COMMONWEALTH AVENUE LOS ANGELES CA 90027 Tony Budrovich EXEC DIRECTOR 3104721990 2024-11-13 true true Linda E G Ballesteros P00366852 6264493466 2024-11-13 2023 2024-10-15 13:58:12Z Tony Budrovich 2650 N COMMONWEALTH AVENUE LOS ANGELES CA 90027 6595948 false X LAPARKSFOUNDATION.ORG X 2008 CA TO ENHANCE, EXPAND, PRESERVE AND PROMOTE PUBLIC RECREATION, PARKS AND OPEN SPACE FOR THE DIVERSE PEOPLE OF LOS ANGELES. 14 13 8 206 0 3182011 1586811 0 0 55467 140506 -27744 -24182 3209734 1703135 830757 570097 0 0 461291 627484 0 0 296845 2156313 1126262 3448361 2323843 -238627 -620708 5614340 4935209 316811 81493 5297529 4853716 X TO ENHANCE, EXPAND, PRESERVE AND PROMOTE PUBLIC RECREATION, PARKS AND OPEN SPACE FOR THE DIVERSE PEOPLE OF LOS ANGELES. false false 1139654 567097 "SPECIAL PROJECTS PROGRAMS" SUPPORTING THE LOS ANGELES CITY PARKS INCLUDE THE FOLLOWING SIGNIFICANT PROJECTS: LOS ANGELES CLIPPERS BASKETBALL COURTS REFURBISHMENT; NIKE COACH AND REFEREE TRAINING FOR GIRLS YOUTH SPORTS; WERNER FAMILY FOUNDATION PLAYGROUND DONATION. ANGEL CITY FOOTBALL CLUB SUPPORTING GIRLS PLAY LOS ANGELES AND CODING/ROBOTICS PROGRAM AT EXPO RECREATION CENTER. 96566 The Adopt a Park program partners with local businesses, family foundations, schools, and corporate brands who invest $25,000 or more during a year to meet identified needs that can directly benefit a city park. Past projects funded by park adoptions include a basketball court and baseball diamond resurfacing, funding for sports equipment and youth scholarships, program funding for dance and fitness classes, park benches, water fountains, and other needed improvements. 89121 In 2023, the Park Events program funded enhancements of parks for RAP (Los Angeles Recreation and Parks Department), including the following: 1) A traffic study within Griffith Park to measure the impact of traffic and reduce or eliminate cut-through traffic through the park, calm traffic through the park, and separate active transportation facilities from automobile traffic, and 2) Consultants to prepare a RAP 10-year Strategic Plan. 245658 3000 OTHER PROGRAMS - SEE SCHEDULE O DESCRIPTION 245658 3000 1570999 true true false true false false false false false true true false false false true true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false 31 0 true 8 true false false false false false false false false false false false false X 14 13 false false false false false false false true true false false true true true true false true true true false CA X X CO JONES ASSOC 3237829391 8581 SANTA MONICA BLVD 15 WEST HOLLYWOOD CA 90069 X ANTHONY G BUDROVICH EXECUTIVE DIRECTOR, SECRETARY 40.0 0.0 X X 130000 0 1800 JUSTIN YOSHIMARU Deputy Director 40.0 0.0 X 118733 0 5603 CAROLYN RAMSAY EXECUTIVE DIRECTOR, SECRETARY 35.0 0.0 X X 94871 0 4689 DAVID GALAVIZ DIRECTOR 1.0 0.0 X 0 0 0 DAVID MCGOWAN DIRECTOR, TREASURER 1.0 0.0 X X 0 0 0 BARRY A SANDERS DIRECTOR 1.0 0.0 X 0 0 0 DENISE BOOTH DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL SHULL DIRECTOR 1.0 0.0 X 0 0 0 JENNIFER RIVERA DIRECTOR 1.0 0.0 X 0 0 0 THOMAS SAFRAN DIRECTOR 1.0 0.0 X 0 0 0 CARMEL SELLA DIRECTOR 1.0 0.0 X 0 0 0 CANDY SPELLING DIRECTOR 1.0 0.0 X 0 0 0 DAVID NICKOLL BOARD CHAIR 1.0 0.0 X X 0 0 0 DEBORA VRANA DIRECTOR 1.0 0.0 X 0 0 0 MIA LEHRER DIRECTOR 1.0 0.0 X 0 0 0 ANDREW SAUL Director 1.0 0.0 X 0 0 0 JOE HALPER DIRECTOR 1.0 0.0 X 0 0 0 JILL WERNER DIRECTOR 1.0 0.0 X 0 0 0 KEVIN PARKER DIRECTOR 1.0 0.0 X 0 0 0 343604 0 12092 2 false false false 0 101696 70350 1414765 1586811 0 138947 138947 0 0 0 0 0 4863144 4861585 1559 1559 1559 7046 101696 31228 -24182 -24182 0 0 0 0 0 0 0 1703135 116324 570097 570097 0 0 0 355696 131002 70287 154407 0 204029 75144 40317 88568 0 16835 6005 3710 7120 50924 18165 11223 21536 0 0 75767 75767 0 0 0 562147 456369 93028 12750 69410 40388 29022 31110 2651 19439 9020 0 0 2528 1897 463 168 0 0 15919 6433 9486 0 0 12776 0 12776 0 26886 26886 SUPPLIES/EQUIPMENT 143221 129375 13845 1 BANK CHARGES 30454 30454 REPAIRS & MAINTENANCE 78172 75071 3101 TAX PERMITS & LICENSES 7926 6155 1771 69946 52247 14424 3275 2323843 1570999 455999 296845 X 0 0 838707 475581 0 0 0 0 0 0 0 0 0 0 3551 3766 3946 17831 232206 194806 55426 37400 4705407 4395378 0 0 0 0 0 0 7303 5253 5614340 4935209 309508 76240 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7303 5253 316811 81493 X 1707479 1619644 3590050 3234072 5297529 4853716 5614340 4935209 X -620708 176895 X false true X true false X 2283236 2235075 2719527 3182011 1586811 12006660 0 0 2283236 2235075 2719527 3182011 1586811 12006660 2613570 9393090 105570 73211 29156 46975 138947 393859 0 0 12400519 0.75748 0.45873 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 150 150 PART II-B LINE 1i $150 was paid for filing fees in support of Measure SP, a city park bond that had been on the November 2022 ballot. 902011 110556 1012567 1031730 -129719 902011 913176 118554 1031730 855392 57784 913176 627068 100000 128324 855392 1.00000 0.00000 0.00000 false false 153278 115878 37400 33128 33128 0 45800 45800 0 37400 0 LEASE LIABILITIES 5253 5253 X 1964479 176895 48000 224895 1739584 -36449 -36449 1703135 2408292 48000 36449 84449 2323843 2323843 PART XI, LINE 4B & PART XII, LINE 2D $36,449 OF DIRECT FUNDRAISING EXPENSES WERE REPORTED AS EXPENSES IN THE FINANCIAL STATEMENTS BUT ARE REPORTED ON FORM 990, PART VIII, LINE 8B AS PART OF TOTAL REVENUE. PART X LINE 2 FIN 48 FOOTNOTE THE LOS ANGELES PARKS FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION IS ALSO EXEMPT FROM STATE FRANCHISE AND INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. UNITED STATES FEDERAL AND STATE JURISDICTIONS IN WHICH THE FOUNDATION FILES TAX RETURNS HAVE STATUTES OF LIMITATIONS THAT GENERALLY RANGE FROM THREE TO FOUR YEARS. NO OPEN TAX RETURNS ARE CURRENTLY UNDER EXAMINATION IN THE U.S. FEDERAL OR STATE JURISDICTIONS. ROSE AWARD 2023 81979 74933 7046 8025 7046 800 11005 GP Half Maratho 26763 26763 275 341 3737 0 108742 101696 7046 8300 7387 800 14742 31229 -24183 true SMG DBA THE GREEK THEATRE 2700 N Vermont Ave LOS ANGELES CA 90027 232511871 335000 To fund improvements to the Greek Theater, an outdoor concert venue located in and operated by Griffith Park Travel Town Museum Foundation PO Box 21039 Glendale CA 91221 953804132 501(c)(3) 50000 support the Travel Town Museum City of Los Angeles Board of Recreation and Park C 221 North Figueroa Street 2nd Floor Los Angeles CA 90012 509(A)(1) 176597 preserve the land for the City of Los Angeles 2 1 GRANT FUNDS MONITORING PART I, LINE 2 THE ORGANIZATION MONITORS AND REVIEWS 100% OF THE GRANTS TO ENSURE THAT THE FUNDS ARE BEING USED IN ACCORDANCE WITH THE GRANT'S PURPOSE. 990 PART VI LINE 11 FORM 990 REVIEW THE INITIAL DRAFT FORM 990 IS PREPARED BY THE TAX ACCOUNTANT AND FORWARDED TO THE EXECUTIVE DIRECTOR. THE DRAFT FORM 990 IS PRESENTED, REVIEWED AND DISCUSSED AT A REGULARLY SCHEDULED MEETING OF THE AUDIT AND FINANCE COMMITTEE. AFTER MAKING ANY NECESSARY MODIFICATIONS, THE FINAL VERSION FORM 990 AS FILED IS DISTRIBUTED TO EACH VOTING MEMBER OF THE BOARD AT A REGULARLY SCHEDULED BOARD MEETING. 990 PART VI LINE 12 CONFLICT OF INTEREST POLICY ALL INTERESTED PERSONS ARE SUBJECT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND MUST DISCLOSE ACTUAL OR POSSIBLE CONFLICTS AND/OR THE EXISTENCE OF A FINANCIAL INTEREST RELATING TO A PROPOSED TRANSACTION OR ARRANGEMENT. DETERMINATION OF WHETHER A CONFLICT EXISTS IS MADE BY THE BOARD OR COMMITTEE WITH THE INTERESTED PERSON NOT PRESENT. IN THE EVENT THAT THE BOARD OR COMMITTEE DETERMINES THAT A PROPOSED TRANSACTION OR ARRANGEMENT PRESENTS A CONFLICT OF INTEREST, THE FOLLOWING ACTIONS ARE TAKEN: (A) THE INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD OR COMMITTEE, BUT AFTER THE PRESENTATION, SHALL LEAVE THE MEETING DURING ANY DISCUSSION OF, AND VOTING ON, THE PROPOSED TRANSACTION OR ARRANGEMENT. (B) THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE AND AT HIS OR HER OWN DISCRETION, APPOINT AN INDIVIDUAL, WHO IS NOT AN INTERESTED PERSON, OR COMMITTEE, COMPRISED OF INDIVIDUALS WHO ARE NOT INTERESTED PERSONS, TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (C) AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. (D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT NOT PRODUCING A CONFLICT OF INTEREST IS NOT REASONABLY POSSIBLE UNDER THE CIRCUMSTANCES, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DIRECTORS, WITHOUT COUNTING THE VOTE OF ANY INTERESTED PERSON, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. NO CONFLICTS WERE DISCOVERED DURING THE CALENDAR YEAR COVERED BY THIS RETURN. 990 PART VI LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC Governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Copies are provided with or without charge as determined on a case by case basis and sent via U.S. mail. 990 PART XI LINE 6 DONATED USE OF FACILITIES DONATED RENT INCOME $48,000 DONATED RENT EXPENSES ($48,000) 990 PART III LINE 4D OTHER PROGRAMS INCLUDE LA PARK FOREST, DONATE-A-BENCH, PARK SPECIAL EVENTS, AND SMALLER PROJECTS. THESE PROJECTS PROVIDE FOR INDIVIDUALS AND COMMUNITY GROUPS TO RAISE PRIVATE FUNDS FOR SPECIFIC PARKS FOR SMALL SCALE IMPROVEMENTS AND ENHANCEMENTS. 990 PART VII SECTION A TONY BUDROVICH SUCCEEDED CAROLYN RAMSAY AS THE EXECUTIVE DIRECTOR AND SECRETARY. HE STARTED HIS ROLE AS EXECUTIVE DIRECTOR ON JUNE 20, 2023 AND WAS CONFIRMED AS THE BOARD SECRETARY AT THE JULY 27, 2023 MEETING OF THE BOARD OF DIRECTORS. 990 PART VI LINE 15A & 15B DETERMINATION OF COMPENSATION THE BOARD OF DIRECTORS MEETS TO REVIEW AND DISCUSS WAGES OF KEY PERSONNEL. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:562147