2025-03-12T08:29:54-05:00 2024-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-07-01 942506591 LOS RIOS COLLEGES FOUNDATION LOSR 9165683075 1919 SPANOS CT SACRAMENTO CA 958253981 PAULA ALLISON PRESIDENT 9165683075 2025-03-10 1 0 CATHERINE L GRAY CPA P01294460 9094664410 2025-03-10 2023 2025-03-06 01:10:19Z PAULA ALLISON 1919 SPANOS CT SACRAMENTO CA 958253981 9757472 0 X FOUNDATION.LOSRIOS.EDU X 1978 CA IMPROVE STUDENT SUCCESS AND PREPARE AN EDUCATED WORKFORCE THROUGH PHILANTHROPY. 21 21 0 18 0 0 5735409 6244553 0 0 569074 764307 0 0 6304483 7008860 2212051 2796102 0 0 0 0 0 0 73155 330155 563302 2542206 3359404 3762277 3649456 24430844 29223030 122829 45700 24308015 29177330 X TO RAISE PRIVATE PHILANTHROPIC GIFTS THAT IMPROVE STUDENT SUCCESS AND HELP PREPARE AN EDUCATED WORKFORCE THROUGH SCHOLARSHIPS, EMERGENCY GRANTS AND COLLEGE PROGRAM SUPPORT. 0 0 919985 919985 DIRECT STUDENT SUPPORT IS CRITICAL TO KEEPING STUDENTS IN SCHOOL AND SUCCEEDING ESPECIALLY AMONG THE 46.6% THAT ARE LOW INCOME OR BELOW POVERTY. THE STUDENT EMERGENCY FUND ASSISTED WITH BASIC NEEDS, HOUSING AND FOOD INSECURITY. 775 SCHOLARSHIPS PROVIDED BY GENEROUS INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND EMPLOYEES WERE AWARDED TO 585 STUDENTS IN THE FOUR LOS RIOS COLLEGES. SCHOLARSHIPS COVER TUITION FEES, TEXTBOOKS, TRANSPORTATION AND LIVING EXPENSES FOR STUDENTS WITH A HIGH LEVEL OF FINANCIAL NEED AND/OR OUTSTANDING ACADEMIC PERFORMANCE. THE LOS RIOS SCHOLARSHIP PROGRAM SUPPORTS DESERVING STUDENTS INCLUDING FOSTER YOUTH, VETERANS, SINGLE PARENTS AND AT-RISK LOW INCOME POPULATIONS. 1691729 1691729 THE LOS RIOS COLLEGES FOUNDATION PROVIDED SUPPORT TO COLLEGE DEPARTMENTS AND PROGRAMS DURING THE 2023-24 ACADEMIC YEAR. THESE RESOURCES ALLOW COLLEGE FACULTY, STAFF AND ADMINISTRATORS TO IMPROVE EXISTING PROGRAMS, EXPERIMENT WITH NEW AND INNOVATIVE APPROACHES AND SUPPORT STUDENT SUCCESS. THE LOS RIOS COLLEGES FOUNDATION PROVIDES PHILANTHROPIC SUPPORT TO THE FOUR LOS RIOS COLLEGES, AMERICAN RIVER, COSUMNES RIVER, FOLSOM LAKE AND SACRAMENTO CITY, AND THE HARRIS CENTER FOR THE ARTS, BY SERVING AS THE VEHICLE THROUGH WHICH INDIVIDUALS AND ORGANIZATIONS MAY INVEST IN THE LOS RIOS COLLEGES AND THEIR STUDENTS, DEPARTMENTS AND PROGRAMS. 142993 142993 THANKS TO GENEROUS CORPORATE AND INDIVIDUAL DONORS, LRCF CONTINUED TO REMOVE BARRIERS FOR STUDENTS THROUGH THE PROMISE INITIATIVE. THE LOS RIOS PROMISE SCHOLARSHIPS PROVIDED $500 AWARDS TO FIRST-TIME, FULL-TIME STUDENTS WITH HIGH FINANCIAL NEED. PROMISE TO CAREER SCHOLARSHIPS HELPED STUDENTS IN CONSTRUCTION AND ALLIED HEALTH PROGRAMS PREPARE FOR HIGH-PAYING, HIGH-QUALITY JOBS AND MEET THE DEMAND IN THE REGION FOR SKILLED WORKERS. THE SCHOLARSHIPS ENCOURAGE STUDENTS TO ENROLL AND COMPLETE THESE CRITICAL EDUCATIONAL PATHWAYS BY REMOVING BARRIERS LIKE NECESSARY PROGRAM EQUIPMENT AND STATE TESTING. 94332 41395 THE LOS RIOS COLLEGES FOUNDATION GRATEFULLY RECEIVES GIFTS OF REAL ESTATE, GOODS AND EQUIPMENT IN SUPPORT OF ACADEMIC AND STUDENT PROGRAMS. IN-KIND GIFTS THIS YEAR PROVIDED STUDENTS WITH REAL WORLD, HANDS ON OPPORTUNITIES AND THE TOOLS NEEDED FOR WORKFORCE SUCCESS. NOTABLE GIFTS INCLUDED WINE FOR THE CULINARY PROGRAM/CAFE, BUSINESS ATTIRE FOR THE CLOTHING CLOSET TO SUPPORT STUDENTS WHO ARE PREPARING FOR INTERVIEWS OR A NEW JOB, ARTS SUPPLIES AND A LETTERPRESS TO ENHANCE ARTS ROGRAMS, AND CARS TO BENEFIT AUTOMOTIVE PROGRAMS. MANY OF THESE GIFTS COME FROM GENEROUS INDUSTRY PARTNERS WHO UNDERSTAND THE VALUE OF HIRING SKILLED EMPLOYEES EDUCATED AT THE LOS RIOS COLLEGES. 94332 41395 2849039 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 10 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X X JESSE CASTILLO 9165683007 1919 SPANOS CT SACRAMENTO CA 958253981 ALEX TAGHAVIAN CHAIR 0.50 X X 0 0 0 JANIELA BOLDS CHAIR ELECT 0.50 X X 0 0 0 DONALD TERRY TREASURER 0.25 X X 0 0 0 PAULA L ALLISON PRESIDENT 20.00 20.00 X X 0 312501 24532 KRISTIN FRAME EMMETT SECRETARY 20.00 20.00 X X 0 150956 19714 BRIAN KING EX-OFFICIO 0.25 40.00 X 0 421951 22543 PAMELA HAYNES EX-OFFICIO 0.25 2.00 X 0 13817 1536 BRYAN BYRD DIRECTOR 0.25 X 0 0 0 FARRES EVERLY DIRECTOR 0.25 X 0 0 0 JOHN FRISCH DIRECTOR 0.25 X 0 0 0 DANA MASERA DIRECTOR 0.25 X 0 0 0 PAUL MCCLURE DIRECTOR 0.25 X 0 0 0 JONATHAN MCMURTRY DIRECTOR 0.25 X 0 0 0 TIM MECH DIRECTOR 0.25 X 0 0 0 PATRICK MULVANEY DIRECTOR 0.25 X 0 0 0 ALICE PEREZ DIRECTOR 0.25 X 0 0 0 KEVIN PRESSEY DIRECTOR 0.25 X 0 0 0 JOHN RUDEN DIRECTOR 0.25 X 0 0 0 JOSH SMITH DIRECTOR 0.25 X 0 0 0 TRACY STIGLER DIRECTOR 0.25 X 0 0 0 ANNA TRUNNELL DIRECTOR 0.25 X 0 0 0 RACHEL WYATT DIRECTOR 0.25 X 0 0 0 WARREN KASHIWAGI DIRECTOR 0.25 X 0 0 0 KIRSTEN DUBRAY DIR OF PHILANTHROPY 16.00 24.00 X 0 140684 23639 VICTORIA AUSTIN DIR OF PHILANTHROPY 16.00 24.00 X 0 125444 24129 SUSAN BYRNE DIR OF GRANTS MANAGEMENT 6.00 34.00 X 0 133338 0 MICHELE STEINER DIR OF PHILANTHROPY 16.00 24.00 X 0 130518 18733 0 1429209 134826 0 0 1 0 0 6244553 41395 6244553 839973 839973 2672946 2748612 -75666 -75666 -75666 7008860 0 0 764307 1733124 1733124 1062978 1062978 119448 119448 297633 268340 29293 SUPPLIES AND MATERIALS 93284 49422 43862 GRANTS AND SPONSORSHIPS 52937 52937 3359404 2849039 437210 73155 1172250 2587339 208376 146916 66206 277500 22789714 26003472 194298 207803 24430844 29223030 122829 45700 122829 45700 X 2507829 3128322 21800186 26049008 24308015 29177330 24430844 29223030 X 3649456 1206354 13505 X 0 1 X 0 0 X 3920852 2566573 4543430 5735409 6244553 23010817 3920852 2566573 4543430 5735409 6244553 23010817 23010817 60185 242513 282135 569074 839973 1993880 25004697 0.92030 0.93090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2443863 2443863 272193 68048 0 0 260080 230192 249991 272193 1012456 1518684 65020 57548 62498 68048 253114 379671 16069404 1929327 1493457 326151 19166037 8295494 4693573 95034 44207 13039894 8306511 219180 -206462 23735 8295494 7454561 526041 352584 26675 8306511 7001034 343748 -42741 -152520 7454561 0.08000 0.92000 0 0 0 X 10295246 1206354 2185975 13505 3405834 6889412 119448 119448 7008860 5425931 2185975 2185975 3239956 119448 119448 3359404 PART V, LINE 4: VARIOUS ENDOWED FUNDS HAVE BEEN ESTABLISHED TO PROVIDE FINANCIAL SUPPORT FOR STUDENT SCHOLARSHIPS AND AWARDS, GENERAL DEPARTMENT AND PROGRAM SUPPORT, EQUIPMENT PURCHASES, CAPITAL IMPROVEMENTS AND FACULTY RESEARCH AND TEACHING ACTIVITIES. PART X, LINE 2: THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 13,505. 1 LOS RIOS COMMUNITY COLLEGE DISTRICT 1919 SPANOS COURT SACRAMENTO CA 95825 941576340 GOVNT 1691729 41395 FMV COMPARABLE VALUES VARIOUS COLLEGE ASSISTANCE SCHOLARSHIPS 585 1062978 PART I, LINE 2: EACH SCHOLARSHIP OR GRANT HAS ITS OWN CRITERIA TO IDENTIFY QUALIFIED RECIPIENTS AS DETERMINED BY THE DONORS AND SCHOLARSHIP RECIPIENTS ARE SELECTED BY A COMMITTEE USING THIS CRITERIA. THE LOS RIOS COLLEGES FOUNDATION MAINTAINS RECORDS OF AMOUNTS GIVEN TO STUDENTS AND ENCOURAGES STUDENTS TO THANK THEIR DONORS THROUGH LETTERS AND PICTURES. 0 0 0 0 0 0 0 0 0 BRIAN KING EX-OFFICIO 0 406351 0 0 0 15600 0 0 0 22543 0 444494 0 0 PAULA L ALLISON PRESIDENT 0 305901 0 0 0 6600 0 0 0 24532 0 337033 0 0 KRISTIN FRAME EMMETT SECRETARY 0 150956 0 0 0 0 0 0 0 19714 0 170670 0 0 KIRSTEN DUBRAY DIR OF PHILANTHROPY 0 140684 0 0 0 0 0 0 0 23639 0 164323 0 0 X 12 21994 FAIR MARKET VALUE X 500 X 1450 FAIR MARKET VALUE X 2 8200 FAIR MARKET VALUE X 26 650 FAIR MARKET VALUE X EQUIPMENT & TOOLS 58 4648 X ART SUPPLIES 1 2500 X LETTERPRESS 1 500 X MISCELLANEOUS 1 500 X MUSICAL INSTRUMENTS 1 400 X CHRISTMASS TREE 1 53 0 0 0 PART I, COLUMN (B): THE NUMBER REPRESENTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A SUB COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION BOARD'S FINANCE COMMITTEE RECEIVES AND REVIEWS A DRAFT OF THE 990 PRIOR TO A FINANCE COMMITTEE MEETING WHERE QUESTIONS ARE DISCUSSED AND ANY SUGGESTIONS TO THE 990 ARE MADE. THE COMMITTEE THEN REPORTS TO THE FULL FOUNDATION BOARD AT THE NEXT GENERAL BOARD MEETING ABOUT THEIR REVIEW AND THE BOARD RECEIVES AND APPROVES A FINAL COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE LOS RIOS COLLEGES FOUNDATION REQUIRES ITS MEMBERS TO SIGN THE WRITTEN CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF BENEFICIAL INTEREST 13,505. LOS RIOS COMMUNITY COLLEGE DIST 1919 SPANOS COURT SACRAMENTO CA 95825 941576340 EDUCATION CA GOVNT GOVERNMENT ENTITY 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0