Laguna Beach High School Scholarship Foundation

Organization Overview

Laguna Beach High School Scholarship Foundation is located in Laguna Beach, CA. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laguna Beach High School Scholarship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Laguna Beach High School Scholarship Foundation generated $584.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $382.5k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION AWARDS SCHOLARSHIP GRANTS TO ASSIST LAGUNA BEACH HIGH SCHOOL GRADUATES IN PURSUING EDUCATIONAL GOALS AT VARIOUS POST HIGH SCHOOL ACADEMIC LEVELS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION AWARDS SCHOLARSHIP GRANTS TO ASSIST LAGUNA BEACH HIGH SCHOOL GRADUATES IN PURSING EDUCATIONAL GOALS AT VARIOUS POST HIGH SCHOOL ACADEMIC LEVELS.


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Board, Officers & Key Employees

Name (title)Compensation
Jonathon Cohen
Treasurer
$0
Jennifer Sweet
President
$0
Kathi Tinkess
Vice President
$0
Missy Palino
Secretary
$0
Kerry Rubel
Exec Committee
$0
Roshaunie Sirianni
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$318,658
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$318,658
Total Program Service Revenue$0
Investment income $59,339
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $206,892
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $584,889

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Laguna Beach High School Scholarship Foundation has recieved totaling $47,500.

Awarding OrganizationAmount
Assistance League Of Laguna Beach Calif

Laguna Beach, CA

PURPOSE: Scholarships

$40,000
Kalos Agathos Foundation

Montgomery, TX

PURPOSE: HIGH SCHOOL SCHOLARSHIPS

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,531,995
Earnings$298,607
Net Contributions$99,785
Grants$121,500
Ending Balance$2,808,887

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