Daffy

Long Beach Community Foundation

Long Beach Community Foundation

Long Beach, CA 90802
Tax ID20-5054010

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About this organization

Revenue

$4,820,909

Expenses

$5,509,423

Mission

The Long Beach Community Foundation initiates positive change for Long Beach though charitable giving, stewardship and strategic grantmaking.

About

Distribute grants to eligible nonprofit agencies and government subdivisions as recommended by the foundation's board of directors, donor advisors, and creators of special purpose charitable funds and endowments. Most grants are intended to benefit charitable programs within the city of Long Beach.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “The long beach community foundation initiates positive change for long beach throughcharitable giving, stewardship and strategic grantmaking.”.

When talking about its functions, they were outlined as: “The long beach community foundation uses its community knowledge and philanthropic resources to function as a leader for positive change. its assets include charitable funds managed as an endowed pool of investments. earnings on invested assets are distributed as grants.”.

  • The legally reported state of operation for the non-profit is CA.
  • According to the filing, the non-profit's address in 2020 is 400 OCEANGATE AVE 800, LONG BEACH, CA, 90802.
  • The non-profit organization as of 2020 has a total of 4 employees reported on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$688,514.
  • The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 2006.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $348,857 in salary, compensation, and benefits to its employees.
  • The organization pays $62,272 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.