Foundation Financials

The Board members who serve on the LTCC Foundation take their fiduciary responsibilities seriously. Board members' top priority is to ensure that all donor contributions are put to use as donors intended. While all college foundations are required to create financial reports and conduct annual audits, LTCC's Foundation goes above and beyond California requirements by creating regular, detailed quarterly reports to guarantee thorough oversight of the Foundation's financial picture.

In addition, the LTCC Foundation has a finance committee to conduct detailed financial work, review the annual audit, and prepare the Foundation's tax return each year. This committee consists of several members of the Foundation Board who have strong business, accounting, tax preparation and financial backgrounds. Both the LTCC Superintendent/President and Vice President of Administrative Services are members of the Finance Committee, which directly contributes to clear, organized coordination between the Foundation and college.

2015/16 Independent Auditor's Report

2014/15 Independent Auditor's Report

2012/13 Independent Auditor's Report

 

2014 LTCC Foundation Form 990

2013 LTCC Foundation Form 990

2012 LTCC Foundation Form 990

2011 LTCC Foundation Form 990

2010 LTCC Foundation Form 990