Philanthropy, Voluntarism, and Grantmaking

LOS ALAMOS COMMUNITY FOUNDATION

Connecting our Community through Enduring Philanthropy

Los Alamos, NM

Mission

Our mission is to improve the quality of life in our community by inspiring, facilitating and supporting enduring philanthropy and building the capacity and success of our nonprofit organizations.

Ruling Year

2016

President

Dr David Izraelevitz

Vice President

Dr Pat Soran

Main Address

PO Box 1225

Los Alamos, NM 87544 USA

Keywords

Community Foundation

EIN

35-2546420

 Number

3751045406

Cause Area (NTEE Code)

Community Foundations (T31)

Fund Raising and/or Fund Distribution (T12)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs + Results

What we aim to solve

The Los Alamos Community Foundation’s mission is to facilitate and promote local philanthropy by Los Alamos residents and those with strong connections to Los Alamos County, to highlight unmet needs and donation opportunities within Los Alamos County, and to meet those needs through financial and organizational support to existing and new organizations. Our vision is to transform philanthropy in Los Alamos County. We seek to help community members become more charitably minded, actively consider leaving a legacy of impact with their philanthropy, and better understand that Los Alamos deserves our generosity.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Local nonprofit training and capacity building

Where we work

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

Finance: Stabilize financial accounting and controls, and increase financial transparency to donors Fundraising: Increase endowed funds under management and raise unrestricted operating funds Board of Directors: Increase diversity of local representation, and maintain culture of active involvement Nonprofit Support: Continue training and capacity building events Communications: Increase coverage by local news media

Finance: • Transition bookkeeping and accounting records to online software (Foundant’s CommunitySuite for community foundations) • Formalize internal controls • Find high-quality local bookkeeping services • Strengthen Finance and Investment Committee Fundraising: • Increase outreach to potential donors • Increase giving by Board of Directors • Seek external sources of unrestricted funds (grants) Board of Directors: • Recruit new board members • Conduct board trainings to maintain active, engaged culture Nonprofit Support: • Sponsor nonprofit training events every other month • Sponsor executive director roundtables at least quarterly • Remain responsive to other needs raised by nonprofit organizations in the community Communications: • Increase the number of press releases to local news outlets • Participate in state-wide public service efforts as applicable

• Skilled, energetic executive director • Board members recognized for active community involvement • Strong base of support in Founders’ Society • Recognized by community leaders as a new, unique asset

Finance: • Successful transition of accounting and bookkeeping services • Increased participation in, and activity by the Finance and Investment Committee • Bookkeeping support identified Fundraising: • Attract new endowed funds and increase assets under management • Identify new sources of unrestricted operations funds Board of Directors: • Add new members of the board representing the diversity of the local community • Conduct at least one formal training annually, and several informal trainings throughout the year Nonprofit support: • Participation by local nonprofits and feedback on value of training and executive roundtable events Communications: • Increased numbers of press releases appearing in the local news media.

Finance: • Transitioned to Foundant CommunitySuite database • Financial transparency provided to fund holders via “donor portals” through CommunitySuite • Internal control measures formalized • New members added to a re-invigorated Finance and Investment Committee • Highly qualified bookkeeper engaged On deck: Determine if/how to accept non-traditional gifts; determine annual payout timing for maturing endowments Fundraising: • Added three new endowed funds in 2018 • Increased funds under management to near $100,000 (385% increase!) • Received $20,000+ in new unrestricted operating grants On deck: Add 3-5 new endowments in 2019; Develop initial grant-making capacity; develop donor advised fund parameters; continue to raise gifts of unrestricted operating support Board of Directors: • Added three new members greatly increasing board diversity and local community representation On deck: Add 1-2 more new board members to fill identified skill gaps; conduct one formal training for board members Nonprofit Support: • Held four executive director roundtables • Held seven nonprofit training/capacity building sessions, including full-day annual conference On deck: Evaluate topics and efficacy of nonprofit training programs; collect feedback from participants; reexamine program structure to ensure it meets needs of local nonprofits Communications: • Distributed monthly and quarterly email communications • Distributed three press releases to local news media On deck: Target two press releases per month; continue regular email communications to foundation audiences

External Reviews

Financials

LOS ALAMOS COMMUNITY FOUNDATION

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  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2017
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Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2017
  • A Pro report is also available for this organization.

See what's included

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

No

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

No

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

No

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

No