Overview
What is Laguna Beach Community Foundation?
The Laguna Beach Community Foundation, situated in Laguna Beach, California, is a dedicated nonprofit organization that fosters philanthropy within its community. By offering expertise and resources, this foundation assists local charities and bridges the gap between donor passions and nonprofit needs. It plays a significant role in connecting individuals with their desired causes, while also collaborating with local professional advisors to facilitate legacy gifts. In 2021, the foundation received a substantial testamentary gift, which it then distributed according to the donors' instructions to various 501(c)(3) organizations, including Laguna College of Art and Design, Pomona College, St. Mary's Episcopal Church, and Seaside Legal Services.
Official website here: www.lagunabeachcf.org
Is Laguna Beach Community Foundation legitimate?
Laguna Beach Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laguna Beach Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.lagunabeachcf.org
What is the mission statement of Laguna Beach Community Foundation?
The Laguna Beach Community Foundation serves to enhance its community by fostering philanthropy. It offers expertise and resources to aid local charities, aligning donor interests with nonprofit requirements, and collaborates with local professional advisors to facilitate charitable giving, both presently and through legacy gifts. The foundation's mission is to strengthen the community by providing assistance and connecting donors with worthy causes, thereby making a positive impact.
Official website here: www.lagunabeachcf.org
Who is the CEO of Laguna Beach Community Foundation?
Thomas P Davis is the Trustee of Laguna Beach Community Foundation.
Official website here: www.lagunabeachcf.org
What is the revenue of Laguna Beach Community Foundation?
Laguna Beach Community Foundation's revenue in 2022 was $125,668.
Official website here: www.lagunabeachcf.org
Who are the executives of Laguna Beach Community Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.lagunabeachcf.org
Where can I find the form 990 for Laguna Beach Community Foundation?
Laguna Beach Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lagunabeachcf.org
Learn more at the official website: www.lagunabeachcf.org
Mission Statement of Laguna Beach Community Foundation
The Laguna Beach Community Foundation, an organization dedicated to strengthening communities, encourages philanthropy by providing expertise and resources to local charities. Their mission is twofold: firstly, they aim to connect donor passions with the needs of nonprofit organizations. Secondly, they collaborate with local professional advisors, assisting them in facilitating charitable giving both in the present and as a legacy gift. By doing so, the Laguna Beach Community Foundation plays a pivotal role in fostering a giving culture and supporting the growth and sustainability of nonprofit organizations within their community.
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Impact
October, 2024
The Laguna Beach Community Foundation significantly enhances its community by fostering a culture of philanthropy. It plays a vital role in connecting donors with local charities, ensuring that community needs are met through strategic giving. By providing expertise and resources, the Foundation helps local organizations thrive and aligns donor interests with nonprofit requirements.
In 2022, notable distributions from the Terry Smith Trust and the Wayne L Peterson Trust illustrated the Foundation’s impact, as it allocated over $651,000 to various causes. These included substantial support for local educational institutions like Laguna College of Art and Design and Pomona College, as well as contributions to St. Mary's Episcopal Church and Seaside Legal Services. Through such efforts, the Foundation not only addresses immediate community needs but also helps cultivate a sustainable legacy in philanthropy, ensuring enduring support for local initiatives.
This information is meant to be a general summary of Laguna Beach Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $6,538
- Gross Receipts: $125,668
Assets and Liabilities:
- Total Assets: $911,477
- Total Liabilities: $0
- Net Assets: $911,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Asset Management Fees
Revenue
$6,538
Organization Details
Founding Year
2004
Phone
(949) 715-8223Principal Officer
Thomas P Davis
Main Address
580 Broadway 204, Laguna Beach, CA, 92651
Website
www.lagunabeachcf.orgNTEE Category
Code: T31 - Philanthropy
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