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.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$177K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.5M a year · 20% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$177K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
13 mo
of spending, in cash
Plus $64.7M in investments, Pt X · Ln 11–13
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22.2M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
+41% vs prior year
Spent
$4.4M
To programs
87%
Net assets
$47.8M
By yearFY2020–FY2024
Revenue
$6.4M
FY2023▲ +41%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.4M
FY2021$10.4M
FY2022$4.5M
FY2023$6.4M
FY2024$8.2M
Expenses
$4.4M
FY2023▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.1M
FY2021$5.2M
FY2022$5.4M
FY2023$4.4M
FY2024$7.6M
Net assets
$47.8M
FY2023▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$43.3M
FY2021$49.8M
FY2022$41.7M
FY2023$47.8M
FY2024$52.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $3.8M Management & general 11% · $467K Fundraising 3% · $114K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $177K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$177,308Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A

Marcelle Epley’s $188K as President & CEO is at the 78th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marcelle Epley$188,208$177,308$169,783$161,947$157,613

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Long Beach Community Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Manages charitable endowments and distributes grants to local nonprofits and government agencies to drive positive change in the Long Beach community.

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Provided by the organization

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1 program · $3.8M · in their own filed words · FY2023
01

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.

$3.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$30K
Grants paid · 356 grants · $20.4M · 2020–2024
Immigrant Defenders Law CenterCA · FY2024$809,122
Meals on Wheels WestCA · FY2024$591,672
Long Beach State FoundationCA · FY2024$321,446
ExpCA · FY2024$175,000
City of Long Beach - Technology and Innovation DepartmentFY2024$100,000
Riverpark CoalitionCA · FY2024$68,000
Rock Harbor ChurchCA · FY2024$52,121
The UCLA FoundationCA · FY2024$50,000
The Sun Club INCID · FY2024$50,000
Raising HopeCA · FY2024$50,000
See all 356 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$4.6M
Investment incomeLn 3$1.6M
Fees for servicesLn 2g$202K
Money outPt IX
$4.4M
Ln 25
Programscol B$3.8M
Managementcol C$467K
Fundraisingcol D$114K
Owns and owesPt X
$47.8M
net assets · Ln 32
Cash and savingsLn 1–2$4.8M
Total assetsLn 16$70.0M
LiabilitiesLn 26$22.2M
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.6M
Noncash giftsLn 1g$1.3M
Fees for servicesLn 2g$202K
Investment incomeLn 3$1.6M
Other incomeLn 4–11$1
Gains on assetsLn 7$391K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$673K
SavingsLn 2$4.1M
Cash and savings togetherLn 1–2$4.8M
InvestmentsLn 11–13$64.7M
Land, buildings, equipmentLn 10c$582
Other assetsLn 15$460K
Total assetsLn 16$70.0M
LiabilitiesLn 26$22.2M
Net assetsLn 32$47.8M
OperationsPt I, VI
EmployeesI 56
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$4.4M$4.8M
InvestmentsLn 11–13$55.4M$64.7M
Land, buildings, equipmentLn 10c$1K$582
Total assetsLn 16$60.4M$70.0M
LiabilitiesLn 26$18.7M$22.2M
Net assetsLn 32$41.7M$47.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.7M$3.7M
Pay of current officers, directors and key staffLn 5$183K$94K$89K
Other salaries and wagesLn 7$170K$126K$26K$18K
Pension plan contributionsLn 8$5K$5K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$25K$6K$13K$6K
Legal feesLn 11b$600$600
Accounting feesLn 11c$28K$28K
Investment management feesLn 11f$29K$29K
Other fees for servicesLn 11g$162K$162K
Advertising and promotionLn 12$576$576
Office expensesLn 13$12K$12K
Information technologyLn 14$57K$57K
OccupancyLn 16$15K$15K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$12K$12K
Depreciation, depletion and amortizationLn 22$775$775
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$9K$3K$5K
Total functional expensesLn 25$4.4M$3.8M$467K$114K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.2M$7.6M$633K$52.0M 990 PDF
FY2023 Viewing $6.4M$4.4M$2.0M$47.8M 990 PDF
FY2022 $4.5M$5.4M−$885K$41.7M 990 PDF
FY2021 $10.4M$5.2M$5.2M$49.8M 990 PDF
FY2020 $6.4M$6.1M$340K$43.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $6,386,366 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,040,490$4,628,510
I-9 Program service revenuePrior year $186,433$201,630
I-10 Investment incomePrior year $1,295,809$1,556,225
I-11 Other revenuePrior year $300$1
I-12 Total revenuePrior year $4,523,032$6,386,366
I-13 Grants and similar amounts paidPrior year $4,708,940$3,658,555
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $446,110$385,726
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $252,534$331,538
I-18 Total expensesPrior year $5,407,584$4,375,819
I-19 Revenue less expensesPrior year −$884,552$2,010,547
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,386,366 across 8 lines filed
VIII-1f All other contributions, gifts and grants$4,628,510
VIII-1g Noncash contributions (included above)$1,316,004
VIII-1h Total contributions, gifts and grants$4,628,510
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $201,630$201,630
VIII-3 Investment incomeExcluded from tax $1,165,226$1,165,226
VIII-7 Net gain or loss on sales of assetsExcluded from tax $390,999$390,999
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1$1
VIII-12 Total revenueRelated to mission $201,630 · Unrelated business $0 · Excluded from tax $1,556,226$6,386,366
Part IX · Statement of functional expenses $4,375,819 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $3,658,555$3,658,555
IX-5 Pay of current officers, directors and key staffManagement $93,973 · Fundraising $89,427$183,400
IX-7 Other salaries and wagesPrograms $126,209 · Management $26,078 · Fundraising $17,664$169,951
IX-8 Pension plan contributionsManagement $4,789$4,789
IX-9 Other employee benefitsManagement $2,113$2,113
IX-10 Payroll taxesPrograms $6,368 · Management $12,737 · Fundraising $6,368$25,473
IX-11b Legal feesManagement $600$600
IX-11c Accounting feesManagement $28,379$28,379
IX-11f Investment management feesManagement $29,054$29,054
IX-11g Other fees for servicesManagement $161,552$161,552
IX-12 Advertising and promotionFundraising $576$576
IX-13 Office expensesManagement $12,099$12,099
IX-14 Information technologyManagement $56,877$56,877
IX-16 OccupancyManagement $15,000$15,000
IX-17 TravelManagement $1,500$1,500
IX-19 Conferences, conventions and meetingsManagement $12,156$12,156
IX-22 Depreciation, depletion and amortizationManagement $775$775
IX-23 InsuranceManagement $4,082$4,082
IX-24 Other expenses (24a–d)Programs $3,488 · Management $5,400$8,888
IX-25 Total functional expensesPrograms $3,794,620 · Management $467,164 · Fundraising $114,035$4,375,819
Part X · Balance sheet $70,015,611 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $871,021$673,417
X-2 Savings and temporary cash investmentsStart of year $3,519,985$4,142,802
X-3 Pledges and grants receivableStart of year $116,000$0
X-10c Land, buildings and equipment, netStart of year $1,357$582
X-12 Other securitiesStart of year $55,419,847$64,738,708
X-15 Other assetsStart of year $462,752$460,102
X-16 Total assetsStart of year $60,390,962$70,015,611
X-17 Accounts payable and accrued expensesStart of year $9,526$8,763
X-25 Other liabilitiesStart of year $18,673,234$22,226,033
X-26 Total liabilitiesStart of year $18,682,760$22,234,796
X-27 Net assets without donor restrictionsStart of year $31,872,437$34,416,841
X-28 Net assets with donor restrictionsStart of year $9,835,765$13,363,974
X-32 Total net assets or fund balancesStart of year $41,708,202$47,780,815
X-33 Total liabilities and net assetsStart of year $60,390,962$70,015,611
Part XI · Reconciliation of net assets $47,780,815 net assets at year end
XI-1 Total revenue$6,386,366
XI-2 Total expenses$4,375,819
XI-3 Revenue less expenses$2,010,547
XI-4 Net assets at start of year$41,708,202
XI-5 Net unrealized gains (losses) on investments$4,175,502
XI-9 Other changes in net assets−$113,436
XI-10 Net assets at end of year$47,780,815

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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