2026-04-15T14:47:51-05:00 2024-12-31 815052000 Kieckhafer Schiffer LLP 6201 Oak Canyon Drive Suite 200 Irvine CA 926185231 990 2024-01-01 206390272 Laguna Beach Community Foundation LAGU 9497158223 580 Broadway 204 Laguna Beach CA 92651 Thomas P Davis Chairman of the Board 9493762828 2025-08-25 1 0 James C Kieckhafer P00223581 9492503900 2025-08-25 2024 2025-03-06 01:10:19Z Thomas P Davis 580 Broadway Suite 204 Laguna Beach CA 92652 48187 0 X lagunabeachcf.org X 2004 CA The Laguna Beach Community Foundation strengthens our community by encouraging philanthropy. 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. 4 4 0 0 0 0 778664 11230 384 36957 0 0 0 0 779048 48187 613955 305380 0 0 50 0 0 0 0 10873 27060 624878 332440 154170 -284253 1065647 781394 0 0 1065647 781394 X The Laguna Beach Community Foundation strengthens our community by encouraging philanthropy. 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. 0 0 307440 305380 36957 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 2024, following the instructions left by the donors, we distributed $297,690 from the Terry Smith Trust and the Wayne L Peterson Trust Funds to various organizations, the highest contributions going towards Pomona College ($53,076), FMMC ($50,000), and Sally's Fund Inc. ($50,000). South Laguna Community Garden:The South Laguna Community Garden Park, established in 2009, is a community space in Laguna Beach, offering a venue for gardening, educational programs, and events. Efforts to purchase the property for permanent preservation have been ongoing, with the South Laguna Civic Association, South Laguna Community Garden Park, and Laguna Beach Community Foundation working together to raise funds.The foundation remains committed to securing the property or finding an alternative location, and all donated funds are safely held by the Laguna Beach Community Foundation in secure, income-generating accounts for future purchase opportunities. Laguna Beach Community Foundation:To establish and maintain charitable funds to promote philanthropy. 307440 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 CA X Thomas P Davis Chairman 9493762828 580 Broadway Suite 204 Laguna Beach CA 92651 X Nicole Anderson Trustee 1.00 X 0 0 0 James Fletcher Trustee 1.00 X 0 0 0 Greg Mech Trustee 1.00 X 0 0 0 Tom Davis Chairman of the Board 10.00 X 0 0 0 0 0 0 0 0 0 0 0 11230 11230 Net Change Investment 900001 36952 36952 Investment Income 900001 5 5 36957 48187 36957 0 0 305380 305380 25743 743 25000 69 69 289 289 959 959 332440 307440 25000 0 1065647 781394 1065647 781394 0 0 X 1065647 781394 1065647 781394 1065647 781394 -284253 0 X 0 0 0 X 7832582 2434600 121295 778664 3540 11170681 7832582 2434600 121295 778664 3540 11170681 11170681 32037 22491 1074 5 55607 11226288 55856 0.99500 0.99500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 Seaside Legal Services 301 Forest Ave Laguna Beach CA 92651 463725244 501(c)(3) 25000 0 General Fund Pomona College 550 N College Avenue Claremont CA 91711 951664112 501(c)(3) 53076 0 General Fund Friday Morning Music Club Inc 755 8th Street NW Washington DC 20001 526054866 501(c)(3) 50000 0 General Fund Friendship Shelter Inc PO Box 4252 Laguna Beach CA 92652 330219404 501(c)(3) 25000 0 General Fund Laguna Beach Police and Community Foundation PO Box 888 Laguna Beach CA 92652 833307572 501(c)(3) 15000 0 General Fund Laguna Beach Seniors Inc 380 3rd Street Laguna Beach CA 926512307 952983350 501(c)(3) 25000 0 General Fund Sally's Fund Inc 380 Third Street Laguna Beach CA 92651 330172731 501(c)(3) 50000 0 General Fund Part I, Line 2: As part of the LBCF grant program, the grantee is required to meet the following: submit a press release to the local media announcing the award with, if possible, photographs of grantor and grantee or the grant accomplishment; send an award announcement to the nonprofit's donors; submit a summary letter at a stipulated time outlining the impact of the grant funds, if the funds are exhausted and photos if possible of the grant application focus. Grants from donor advised funds and other funds under the management of LBCF also include guidelines for reporting. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by management. After management review, the Form 990 is reviewed by the Board of Directors for completeness and accuracy. Upon approval of a majority of the Board, the form is finalized and submitted to the IRS. Form 990, Part VI, Section B, line 12c The policy is reviewed annually and signed. A) The Board of Trustees and management staff, B) disclosure of conflicts to chair, executive committee and must be approved by Board, C) Board review of conflicts, D) person with a conflict shall abstain from a decision involving a vendor, consultant or grantee. Form 990, Part VI, Section C, line 19 LBCF has an open door policy whereby community members may stop by and ask questions during regular business hours.