2024-04-11T15:30:25-05:00 2023-06-30 954611603 HENSIEK & CARON CPA'S 650 SIERRA MADRE VILLA 303 PASADENA CA 91107 990 2022-07-01 953813527 LOS ANGELES TRADE TECHNICAL COLLEGE FOUNDATION LOSA 2137637149 400 WEST WASHINGTON BLVD LOS ANGELES CA 90015 BONNIE TSENG CO-CHAIRPERSON 2137637149 2024-04-07 1 BONNIE TSENG 999009999 0 SUSAN CARON P00163651 6267929988 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BONNIE TSENG 400 WEST WASHINGTON BLVD LOS ANGELES CA 90015 340341 0 X HTTP//COLLEGE LATTC EDU/FOUNDATION/ X 1983 CA THE LATTC FOUNDATION PROVIDES FUNDING FOR STUDENT SCHOLARSHIPS, FACULTY GRANTS, CAPITAL IMPROVEMENTS, AND OTHER CAMPUS-RELATED PROJECTS THAT ARE VITAL TO THE SPIRIT, PURPOSE, OBLIGATIONS, AND ASPIRATIONS OF THE LOS ANGELES TRADE TECHNICAL COLLEGE AND ITS COLLEGE COMMUNITY. 7 7 0 7 0 0 185568 282638 0 0 49964 57703 0 0 235532 340341 125531 381806 0 0 0 0 0 0 0 248547 231970 374078 613776 -138546 -273435 2947518 2804192 8076 132682 2939442 2671510 X STUDENT GRANTS, FACULTY GRANTS, CAPITAL IMPROVEMENTS, AND OTHER DEVELOPMENT DEEMED VITAL TO THE SPIRIT, PURPOSE, OBLIGATIONS AND ASPIRATIONS OF THE COLLEGE AND ITS COMMUNITY, THE FOUNDATION SHALL ASSIST IN PROMOTING AND CONTINUOUSLY IMPROVING THE COLLEGE AS A VALUABLE COMMUNITY RESOURCE FOR STUDENTS SEEKING VOCATIONAL AND TECHNICAL EDUCATION, CAREER ADVANCEMENT AND LIFE-LONG LEARNING OPPORTUNITIES. THE FOUNDATION BELIEVES THAT THE FULFILLMENT OF ITS MISSION WILL GREATLY AID THE COLLEGE IN FOSTERING A SELF-PERPETUATING ENVIRONMENT OF OPPORTUNITY AND INDUSTRY FOR DOWNTOWN LOS ANGELES AND THROUGHOUT THE REST OF THE CITY AND REGION. 0 0 585281 381806 SCHOLARSHIPS PROVIDED TO STUDENTS IN THEIR CHOSEN FIELD OF STUDY. DEPARTMENT PROJECTS INCLUDING GRADUATION, SKILLS USA COMPETITION, AND TOOLS FOR THE TRADE. 585281 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 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 1 0 0 0 1 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CA X X THE ORGANIZATION 2137637149 400 WEST WASHINGTON BLVD LOS ANGELES CA 90015 VICTOR REYES CO-CHAIRPERSON 2.00 X X 0 0 0 HERB NADEL DIRECTOR 2.00 X 0 0 0 ARTEMIO NAVARRO DIRECTOR 2.00 X 0 0 0 KATHLEEN BURKE DIRECTOR 2.00 X 0 0 0 BONNIE TSENG CO-CHAIRPERSON 2.00 X X 0 0 0 CAROLE ANDERSON-HOULIHAN DIRECTOR 2.00 X 0 0 0 PRICILLA CHAVEZ DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 282638 282638 57703 57703 340341 0 0 57703 381806 381806 32132 8033 24099 8822 5180 3642 PROGRAM EXPENSES 189034 189034 BANK AND MERCHANT FEES 1228 1228 SUPPLIES 754 754 613776 585281 28495 0 1065178 1449329 508333 30618 167 931 5106 5202 1368734 1318112 2947518 2804192 8076 132682 8076 132682 X 1025077 1078213 1914365 1593297 2939442 2671510 2947518 2804192 X -273435 -4489 9992 X 0 1 X 1 0 X 970194 504733 1314738 185568 282638 3257871 970194 504733 1314738 185568 282638 3257871 3257871 10565 35070 22730 42044 57703 168112 3425983 0.95090 0.96710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 304988 304988 304988 304988 284988 20000 304988 204988 80000 284988 204988 204988 1 0 0 MONEY MARKET FUNDS 213856 F EQUITY FUNDS 6674 F POOLED INCOME FUND 238289 F MUTUAL FUNDS 859293 F 1318112 X 345844 5503 5503 340341 0 340341 613776 0 613776 0 613776 PART V, LINE 4: THE CALIFORNIA COMMUNITY COLLEGES SCHOLARSHIP ENDOWMENT FUND OF $204,988 IS RESTRICTED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AT THE COLLEGE. THE TITLE V TECHNOLOGY INITIATIVE ENDOWMENT FUND OF $100,000, WHICH IS HELD BY THE ORGANIZATION IS TO BE USED FOR HISPANIC SCHOLARSHIP STUDENTS. PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES PROVIDES GUIDANCE ON HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE FOUNDATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT IMPACT ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEFICIAL INTEREST - POOLED INCOME FUNDS EARNINGS 9,992. UNREALIZED LOSSES ON INVESTMENTS -4,489. 1 LA TRADE TECHNICAL COLLEGE 400 WEST WASHINGTON BLVD LOS ANGELES CA 90015 952587353 501(C)(3) 381806 0 BOOK FOR COLLEGE PROJECTS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE BEFORE DISSEMINATION TO THE FULL BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS REVIEW, DISCLOSE AND SIGN THE CONFLICT OF INTEREST POLICY AT THE FIRST MEETING OF THE YEAR. DURING THE YEAR QUESTIONS ARE ASKED WHETHER ANY NEW CONFLICTS HAVE ARISEN. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS WILL BE MADE AVAILABLE BY CONTACTING THE FOUNDATIONS OFFICES DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST - POOLED INCOME FUNDS EARNINGS 9,992. LA TRADE TECHNICAL COLLEGE 400 WEST WASHINGTON BLVD LOS ANGELES CA 90015 952587353 PUBLIC TWO-YEAR COLLEGE CA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LA TRADE TECHNICAL COLLEGE B 381806 CASH PAID