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HomeMy WebLinkAbout2019/04/24 - Agenda Packet - Community & Arts Foundation AGENDA COMMUNITY & ARTS FOUNDATION WEDNESDAY, APRIL 24, 2019 REGULAR MEETING LOCATION: Tri-Communities Conference Room City of Rancho Cucamonga 10500 Civic Center Drive Rancho Cucamonga, CA 91703 MEMBERS: CHAIRTina ChenMEMBERLinda Bryan VICE CHAIRMark RiveraMEMBERFatima Corbett SECRETARY/TREASURERJim HarringtonMEMBERPaula Pachon MEMBERAlfred ArguelloMEMBERBryan Snyder MEMBERNick Baker MEMBERRosemarie Brown Mission Statement Enriching lives through support of the arts at the Victoria Gardens Cultural Center and supporting efforts that benefit the community. If you need special assistance or accommodations to participate in this meeting, please contact the Community Services at (909) 477-2760. Notification of 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility. Listening devices are available for the hearing impaired. A PRIL 24,2019 C OMMUNITY &A RTS F OUNDATION A.5:0 P.M.–C ALLTO O RDER Pledge of Allegiance A1. Roll Call:Tina Chen, ChairAl Arguello A2. Mark Rivera, Vice ChairLinda Bryan Jim Harrington, Secretary/TreasurerNick Baker Rosemarie Brown Fatima Corbett Paula Pachon Bryan Snyder B.A NNOUNCEMENTS/P RESENTATIONS Presentation by Nancy Speaker of Associated Artists of the Inland Empire. B1. C.C OMMUNICATIONS FROM THE P UBLIC This is the time and place for the general public to address the Community & Arts Foundation. State law prohibits the Board from addressing any issue not previously included on the Agenda. The Board may receive testimony and set the matter for a subsequentmeeting. Comments are to be limited to five minutes per individual. D.C ONSENT C ALENDAR The following Consent Calendar items are expected to be routine and non-controversial. They will be acted upon by the Community & Arts Foundation Boardat one time without discussion. Any item may be removed by a Member or member of the audience for discussion. Approval of theMinutes of the Regular Community & Arts Foundation meeting held February 27, 2019. D1. 1 Treasurer’s Reconciliation Summary Reports for the LAIF and PAL Accounts for February–March2019. D2. 5 E.S TAFF R EPORTS Programming Updateprovided by Cultural Center Manager.(Verbal Update) E1. City Update provided by Community Services Director. (Verbal Update) E2. F.F OUNDATION B USINESS The following items do not legally require any public testimony, although the Chairmay open the meeting for public input. Executive Director’sReport. F1. Page 1 of 2 A PRIL 24,2019 C OMMUNITY &A RTS F OUNDATION Executive Director’s Staff Report –Discussion of Potential Space Opportunity for RCCAAF at Terra Vista F2. 40 Ongoing Discussion on Reorganization Plans F3. Review Topics for Discussion and Revision Discuss/Set Meeting Date for Board Workshop G.C OMMITTEE R EPORTS Executive Committee. (Tina Chen, Mark Rivera, Jim Harrington, Paula Pachon) G1. Fundraising Committees. G2. Monte Carlo Night – April 27, 2019 Bunco Night – May 3, 2019 Benefit Performance by Fritz Coleman –March 23, 2019 – (Completed) H.I DENTIFICATION OF I TEMS FOR THE N EXT M EETING This is the time for the Community & Arts Foundation Boardto identify the items they wish to discuss at the next meeting. These items will not be discussed at this meeting, only identified for the next meeting. I.A DJOURNMENT I,Valerie Smith,Executive Assistantof the City of Rancho Cucamonga, or my designee, hereby certify that a true, accurate copy of the foregoing agenda was posted on day, Thursday, April 18, 2019,seventy-two(72) hours prior to the meeting perGovernment Code 54954.2 at 10500 Civic Center Drive. /s/ Valerie Smith Valerie Smith Executive Assistant City of Rancho Cucamonga Page 2 of 2 F EBRUARY 27,2019 R ANCHO C UCAMONGA C OMMUNITY &A RTS F OUNDATION B OARD OF D IRECTORS M EETING M INUTES A. 5:28 P.M.–C ALL TO O RDER The regular meeting of the Rancho Cucamonga Community & Arts Foundation was held on Wednesday, February 27, 2019in the Tri-Communities Room at City Hall, located at 10500 Civic Center Drive, Rancho Cucamonga, California. The meeting was called to order at 5:28 p.m. by Chair Chen. The Pledge of Allegiance was led by Chair Tina Chen. Present were Board Members:Chair Tina Chen,Secretary/Treasurer Jim Harrington,Al Arguello,Nick Baker, Rosemarie Brown, Linda Bryan, Fatima Corbett, and Paula Pachon, Absent:Mark Riveraand Bryan Snyder. Also present were:Jennifer Hunt Gracia, Community Services Director; Susan Sluka-Kelly, Executive Director;Peggy Magee, Cultural Arts Manager; Valerie Smith, Executive Assistant. A NNOUNCEMENTS/P RESENTATIONS Member Baker presented an update on the Kenny Cetera concert and provided numbers on the cost of putting the event together. He credited Nancy for selling many tickets which contributed to the success of the event. He presented a check to the Foundation and shared that he is planning a Roy Orbison tribute on November 24th that will be included in the brochure. C OMMUNICATIONS FROM THE P UBLIC None. C ONSENT C ALENDAR D1. Approval of the Minutes of the Regular Community & Arts FoundationMeeting held November 28, 2018. D2. Treasurer’s Reconciliation Summary Reports for the LAIF and PAL Accounts for November – December 2018 and January 2019. Member Pachon requested an update on the Kaiser sponsorship that Healthy RC applied for using the Foundation’s non-profit status. The Foundation was informed that no updates were available at that time. February 27, 2019|Community and Arts Foundation Regular Meeting |City of Rancho Cucamonga Page 1 of 4 F EBRUARY 27,2019 R ANCHO C UCAMONGA C OMMUNITY &A RTS F OUNDATION B OARD OF D IRECTORS M EETING M INUTES MOTION:Moved by Secretary/Treasurer Jim Harrington, seconded by Member Baker, to approve the Consent Calendaras submitted. Motion carried: 8-0-2 (Absent: Riveraand Snyder). S TAFF R EPORTS E1. Programming Update provided by Cultural Center Manager. (Verbal Update) Cultural Center Manager Magee provided a one page with pictures of the Hunchback play and shared with the Foundation the great review that it received from everyone in attendance. Member Pachon shared that the school choir added a great sense of community. Manager Magee also shared the excitement over Fritz Coleman’s performance. She indicated that she will give an update of the next season at the following board meeting. Member Pachon thanked Member Arguello for his support of Hunchback and for including the board at the Bank of America event. Manager Magee provided her vision for World Music and suggested a new date that would not be as hot as past years and new programming to engage the community.The Board expressed their fondness of World Musicbut agreed that it is very hot and a different date may be better. No further discussion was held. E2. City Update provided by Community Services Director. (Verbal Update) Director Gracia provided an update on Catherine’s promotion to full time status in the Finance Department. She will continue to provide support to the Foundation. She mentioned the execution of the contract with Premierand the transition that will occur over the next several weeks.Member Pachon inquired about how the new caterer would help with Bunco. Director Gracia stated that Manager Magee and Executive Director Sluka-Kelly would coordinate the details. She also informed the Foundation members that the Investment meeting with Finance th and the Foundation’s representatives will happen on Tuesday, March 5. This meeting will assist in the transition from the City processing the banking to the Foundation. Chair Chen stated that the Investment policy may need to be updated.No further discussion was held. F OUNDATION B USINESS F1. Executive Director Report. Executive Director Sluka-Kelly provided her report. The Board stated that they need more social media presence. They also inquired about the Spotlight Donor agreements and whether they went to Council or if they are missing. Member Pachon expressed her concern over taking down Charter’s plaque on the Library.The Board discussed the need to review the agreements for the donors before removing anything.No further discussion was held. F2. Consideration to Review and Approve the Submittal of the 2018 Taxes. Member Brown stated that the taxes are showing an expense and she does not agree. She stated she will be contacting LSL to discuss. She also inquired when the transfer to the Animal February 27, 2019|Community and Arts Foundation Regular Meeting |City of Rancho Cucamonga Page 2 of 4 F EBRUARY 27,2019 R ANCHO C UCAMONGA C OMMUNITY &A RTS F OUNDATION B OARD OF D IRECTORS M EETING M INUTES Foundation occurred in order to clarify whether amounts showing in the taxes are due to the Animal Foundation funds that the Foundation was holding. She also requested that the QuickBooks be sent to her for her review. She inquired about amounts listed on Schedule G and was informed thatthe amount was due to the Golf Tournament. Member Brown recommended that the Board not approve the taxes until further review and discussion with LSL. No further discussion was held. F3. Investment Update provided by Secretary/Treasurer Jim Harrington. Secretary/Treasurer Harrington provided an update on the Foundation’s Investments.No further discussion was held.He shared that interest rates have gone up. He also shared about the maturity of the notes that the Foundation has. He recommended going for CDs and limit to them so that they will be insured. He stated that LAIF is paying market and that the Foundation will miss the LAIF if they do not invest it somewhere else. Member Pachon inquired about ready money to cover operating costs. Discussion ensued about the interest of the investments and how aggressive the Foundation is, as well as the endowments on the tax form. It was recommended that the Foundation review the need for an endowment policy. No further discussion was held. F4. Review and Signing of Conflict of Interest Policy. The present Board members signed and submitted the Conflict of Interest Policy. No further discussion was held. F5. Discussion of RCCAAF Reorganization Plans. Chair Chen provided an update on the reorganization. She shared that a meeting will be held with the City’s Finance Department the following week to discuss the investments and steps need to move forward with the transition. She stated that the MOU with the City will go to the Board for approval. No further discussion was held. C OMMITTEE R EPORTS G1. Executive Finance Committee. Chair Chen reiterated the previous comments of the reorganization plan. The Committee continues to meet to discuss the transition. No further discussion was held. G2. Fundraising Committees. The Board was informed that every ticket sold for the Benefit performance goes to the Foundation. The awards for the Donor Event have been ordered and invitations will be going out soon. Each donor will receive two tickets to the event. Chair Chen sharedthat donors are being secured for Monte Carlo and that tickets are on sale at the box office. February 27, 2019|Community and Arts Foundation Regular Meeting |City of Rancho Cucamonga Page 3 of 4 F EBRUARY 27,2019 R ANCHO C UCAMONGA C OMMUNITY &A RTS F OUNDATION B OARD OF D IRECTORS M EETING M INUTES Member Pachon stated that the flyer for Bunco is being updated and will be distributed soon. Nofurther discussion was held. I DENTIFICATION O F I TEMS F OR N EXT M EETING The following items were identified for the next meeting on April 24, 2019: Taxes and further discussion on the reorganization. A DJOURNMENT The meeting adjourned at 7:08p.m. Respectfully submitted, /s/ Valerie Smith Valerie Smith Executive Assistant City of Rancho Cucamonga February 27, 2019|Community and Arts Foundation Regular Meeting |City of Rancho Cucamonga Page 4 of 4 STAFF REPORT DATE:April 24, 2019 Rancho Cucamonga Community & Arts Foundation TO: Jennifer Hunt Gracia, Community Services Director FROM: Elisa Garcia, ManagementAide INITIATEDBY: SUBJECT:Treasurer Report RECOMMENDATION: The following report is primarily for informational purposes and does not require immediate action from the Board. BACKGROUND: Updated treasurer reports are provided to Full and Executive Board members at bimonthly meetings. P&L Detail – Operating Budget: 02/01/2019 – Payroll and taxes for Susan Sluka-Kelly were debited via Paychex from the Foundation’s PAL account. Additionally, an invoice for $211.90 from Paychex was auto- paid and debited from the PAL checking account. 02/01/2019 and 02/11/2019 – The Foundation PAL account was charged, and then reimbursed for a $15.00 Merchant Services fee for the credit card machine. The final cost to the Foundation for February 2019 was $0.00. 02/01/2019 – A $1,000.00 PAL Spotlight donation payment was received from L. Dennis Michael. He had originally pledged $5,000 back in October 2007. To date, he has fulfilled his pledge amount of $5,000.00. 02/07/2019 – A Spotlight Donor Donation was received via Benevity from Doug & Dee Morris in the amount of $1,400.00. 02/08/2019 – A $2,629.30 donation was received from Foundation Member Nick Baker. 03/01/2019 – Payroll and taxes for Susan Sluka-Kelly were debited via Paychex from the Foundation’s PAL account. 03/04/2019 - Invoice for $159.15 from Paychex was auto-paid and debited from the PAL checking account. P&L Detail – Grants: 02/11/2019 – A restricted Mainstreet donation was received from the Dwight Richard Odle Revocable Living Trust, dtdFebruary 12, 2013 in the amount of $25,000.00. 02/20/2019 – Grant funds disbursed = $15,061.60. 03/2019 – Grant funds disbursed = $7,156.00 Page 1 of 2 P&L Fundraising Events: 03/01 & 03/18/2019 – Monte Carlo Casino Night received two table sponsorships, $500.00 from Heritage Park Nursing Rehab Center and $2,000.00 from Mercedes Benz of Ontario. 03/11/2019 – Expenses for Monte Carlo Casino Night were paid to Casino Parties & Entertainment in the amount of $575.00. 03/2019 – Expenses for the Donor Recognition Event totaled $2,383.85. Expenses included premier crystal awards, updated donor wall plates and room rental charges. Balance Sheet PAL account balance = $201,617.47 LAIF account balance = $297,764.74 As of 02/28/2019, the equity account balances are as follows: o Temporarily Restricted Net Assets (includes all restricted grants, as well as donations that are restricted to MainStreet) = $124,752.49 o Permanently Restricted Net Assets (consists of the Endowment fund, which is invested through Union Bank) = $2,350,586.75 o Unrestricted Net Assets (consists of all unrestricted earnings of the Foundation) = $237,354.53 Net Income for July 2018 - March 2019 = $138,498.24 PAL Checking Account: 01/24/2019 – Alta Loma High School, Etiwanda High School and Los Osos were awarded the 18/19 High School Sponsorship Award. Checks were issued and have cleared the checking account as of 2/28/19. Uncleared checks as of March 31, 2019 = $23,288.58. Most of these uncleared checks were written on 2/20/2019 and in mid to late March and are expected to clear before the next report is filed. LAIF Account: February & March 2019 – No interest was earned on the LAIF account. FISCAL IMPACT: Total FY 2018/2019 Operating Budget Income for February 2019 = $5,058 Total FY 2018/2019 Operating Budget Expenses for February 2019 = $1,098 Total FY 2018/2019 Operating Budget Income for March 2019 = $2,500 Total FY 2018/2019 Operating Budget Expenses for March 2019 = $6,029 Exhibits: Exhibit A - Foundation financial reports for February and March 2019 and operating budgets for Fiscal Year 2018/2019. Page 2 of 2 29.1329.1329.1315.00 1,000.001,400.002,400.002,400.002,629.302,629.305,029.305,058.435,058.43 Amount Class FUNDRAISING ACTIVITIES:General FundraisingFUNDRAISING ACTIVITIES:General FundraisingFUNDRAISING ACTIVITIES:General FundraisingFUNDRAISING ACTIVITIES:General FundraisingADMINISTRATIVE / GENERAL Memo Amazon Smile donationBalance due for PAL Spotlight Donation pledgeSpotlight donor donation, received through BenevityDonation funds from Kenny Cetera ConcertMonthly Merchant Services fee (credit card terminal) February 2019 Fiscal Year 2018 - 2019 Name Amazon SmileMichael, L. DennisMorris, Doug & DeeUnionBank Baker, Nick (Board Member) Statement of Activity - Operating Budget Rancho Cucamonga Community & Arts Foundation Num 01241-357T0219PAL-LDM01241-354T01241-356TElectronic Date 02/15/201902/01/201902/07/201902/08/201902/01/2019 Type Sales ReceiptInvoiceSales ReceiptSales ReceiptCheck 43013 · General DonationTotal 43013 · General Donation60032 · Merchant Service Fee 40030 · Amazon SmileTotal 40030 · Amazon Smile43010 · Spotlight DonorTotal 43010 · Spotlight Donor43090 · Misc. DonationTotal 43090 · Misc. Donation60030 · Bank Charges 40000 · MISC INCOMETotal 40000 · MISC INCOME43000 · INDIVIDUAL CONTRIBUTIONSTotal 43000 · INDIVIDUAL CONTRIBUTIONS60000 · ADMINISTRATIVE EXPENSES IncomeTotal IncomeExpense Gross Profit Ordinary Income/Expense Accrual Basis 0.000.00 -15.00 736.91736.91736.91 149.15149.15886.06211.90211.90 3,960.47 1,097.963,960.47 Amount Class ADMINISTRATIVE / GENERALADMINISTRATIVE / GENERALADMINISTRATIVE / GENERALADMINISTRATIVE / GENERAL Memo Reimbursement of Merchant Services fee (credit card terminal)Paychex Inc. Payroll Taxes for Susan Sluka-KellyDinner for board meeting on 02/27/2019PayChex Invoice - Auto deduct from PAL bank account February 2019 Fiscal Year 2018 - 2019 Name UnionBank - PAL AccountStonefire GrillPayChex State / Federal Tax Agency Statement of Activity - Operating Budget Rancho Cucamonga Community & Arts Foundation Num ElectronicElectronic Date 02/11/201902/01/201902/26/201902/01/2019 Type DepositCheckCredit Card ChargeCheck Total 60032 · Merchant Service Fee60041 · Payroll TaxesTotal 60041 · Payroll Taxes Total 60030 · Bank Charges60040 · PersonnelTotal 60040 · Personnel60005 · Board Meetings / HospitalityTotal 60005 · Board Meetings / Hospitality Total 60000 · ADMINISTRATIVE EXPENSES69000 · MISC EXPENSESTotal 69000 · MISC EXPENSES Total Expense Net Ordinary Income Net Income Accrual Basis 500.00420.23420.23531.75 2,000.002,500.002,500.002,500.002,500.001,431.871,963.62 Amount Class FUNDRAISING ACTIVITIES:Monte Carlo Casino Night:2019FUNDRAISING ACTIVITIES:Monte Carlo Casino Night:2019PROGRAM ACTIVITIES:Unrestricted Program Income:Donor Recognition Event:2019PROGRAM ACTIVITIES:Unrestricted Program Income:Donor Recognition Event:2019FUNDRAISING ACTIVITIES:General Fundraising Memo 2019 Monte Carlo Casino Night - Table Sponsorship2019 Monte Carlo Casino Night - Dinner table sponsorshipPremier crysal awards with blue base for donor event2019 Donor Awards Celebration - Room rental feePurchase of new name plates for Donor Wall March 2019 Fiscal Year 2018 - 2019 Name Heritage Park Nursing & Rehab CenterMercedes Benz OntarioAwesome Awards / Western TrophyCity of Rancho Cucamonga - VMD Designs Statement of Activity - Operating Budget Rancho Cucamonga Community & Arts Foundation Num MCN2020-HP1MCN19- MB1155511557 Date 03/01/201903/18/201903/14/201903/26/201903/28/2019 Type InvoiceInvoiceCredit Card ChargeCheckCheck 66107 · Donor Recognition AwardsTotal 66107 · Donor Recognition Awards66108 · Misc Donor ExpensesTotal 66108 · Misc Donor Expenses 45030 · Event SponsorshipTotal 45030 · Event Sponsorship66100 · Donor Expenses 45000 · PROGRAM / EVENT INCOMETotal 45000 · PROGRAM / EVENT INCOME66000 · PROGRAM EXPENSES IncomeTotal IncomeExpense Gross Profit Ordinary Income/Expense Accrual Basis 55.0055.00 15.0015.0015.0077.5777.57 736.91736.91 2,383.852,383.852,041.842,041.842,778.752,926.32 Amount Class ADMINISTRATIVE / GENERALPROGRAM ACTIVITIES:Unrestricted Program Income:Donor Recognition Event:2019ADMINISTRATIVE / GENERALADMINISTRATIVE / GENERAL ADMINISTRATIVE / GENERAL Memo Monthly Merchant Services fee (credit card terminal)Postage stamps to mail Donor Awards invitationsInk cartridges for printerPaychex Inc. Payroll Taxes for Susan Sluka-KellyPaychex Inc. Payroll for Susan Sluka-Kelly March 2019 Fiscal Year 2018 - 2019 Name UnionBankOffice DepotState / Federal Tax AgencySusan Sluka-Kelly U.S. Post Office Statement of Activity - Operating Budget Rancho Cucamonga Community & Arts Foundation Num ElectronicElectronicElectronic Date 03/01/201903/12/201903/01/201903/01/2019 03/08/2019 Type CheckCredit Card ChargeCredit Card ChargeCheckCheck 60032 · Merchant Service FeeTotal 60032 · Merchant Service Fee60041 · Payroll TaxesTotal 60041 · Payroll Taxes60042 · PayrollTotal 60042 · Payroll Total 66100 · Donor Expenses60030 · Bank ChargesTotal 60030 · Bank Charges60012 · Postage and HandlingTotal 60012 · Postage and Handling60010 · Office SuppliesTotal 60010 · Office Supplies60040 · PersonnelTotal 60040 · Personnel Total 66000 · PROGRAM EXPENSES60000 · ADMINISTRATIVE EXPENSESTotal 60000 · ADMINISTRATIVE EXPENSES65000 · FUNDRAISING EXPENSES Accrual Basis 575.00575.00575.00159.15159.15 6,044.32 -3,544.32-3,544.32 Amount Class FUNDRAISING ACTIVITIES:Monte Carlo Casino Night:2019ADMINISTRATIVE / GENERAL Memo 2019 Monte Carlo Casino Night entertainmentPayChex Invoice - Auto deduct monthly fee from PAL bank account March 2019 Fiscal Year 2018 - 2019 Name Casino Parties & EntertainmentPayChex Statement of Activity - Operating Budget Rancho Cucamonga Community & Arts Foundation Num Electronic Date 03/11/201903/04/2019 Type Credit Card ChargeCheck 65040 · Event EntertainmentTotal 65040 · Event Entertainment Total 65000 · FUNDRAISING EXPENSES69000 · MISC EXPENSESTotal 69000 · MISC EXPENSES Total Expense Net Ordinary Income Net Income Accrual Basis 500.00500.00476.80347.00274.50 Amount 25,000.0025,000.0025,000.0025,000.0025,000.0025,000.00 Class PROGRAM ACTIVITIES:Restricted Program Income:MainStreetFUNDRAISING ACTIVITIES:Restricted Grants:LewisFUNDRAISING ACTIVITIES:Restricted Grants:LewisFUNDRAISING ACTIVITIES:Restricted Grants:LewisFUNDRA ISING ACTIVITIES:Restricted Grants:LewisFUNDRAISING ACTIVITIES:Restricted Grants:Lewis Memo Mainstreet Restricted Donation from the Dwight Richard Odle Revocable Living Trust, dtd February 14, 2013Lewis sponsorship - Bus transportation for School House Rock - Cucamonga ElementaryLewis sponsorship - Bus transportation for School House Rock - Lincoln ElementaryLewis Sponsorship - Bus reimbursement for School House Rock - Central ElementaryLewis sponsorship - Bus reimbursement for School House Rock - JC Boyd ElementaryLewis sponsorship - Bus reimbursement for School House Rock - John Adams Elementary February 2019 Fiscal Year 2018 - 2019 Name Odle, Dwight RichardLewis Real Estate Corp.:Restricted Grant - FY 18/19Lewis Real Estate Corp.:Restricted Grant - FY 18/19Lewis Real Estate Corp.:Restricted Grant - FY 18/19Lewis Real Estate Corp.:Restricted Grant - FY 18/19Lewis Real Estate Corp.:Restricted Grant - FY 18/19 Rancho Cucamonga Community & Arts Foundation Statement of Activity - Operating Budget / Grants Num 01241-355T Date 02/11/201902/20/201902/20/201902/20/201902/20/201902/20/2019 Type Sales ReceiptCheckCheckCheckCheckCheck Total 43012 · MainStreet Donation 43012 · MainStreet Donation 43010 · Spotlight DonorTotal 43010 · Spotlight Donor67001 · Sponsored Transportation Total 43000 · INDIVIDUAL CONTRIBUTIONS67000 · GRANT DISBURSEMENTS 43000 · INDIVIDUAL CONTRIBUTIONS IncomeTotal IncomeExpense Gross Profit Ordinary Income/Expense Accrual Basis 476.80 2,575.109,938.409,938.40 Amount 12,486.5012,486.5015,061.6015,061.60 Class FUNDRAISING ACTIVITIES:Restricted Grants:LewisFUNDRAISING ACTIVITIES:Restricted Grants:US Bank Foundation Memo Lewis sponsorship - Bus reimbursement for School House Rock - Bear Gulch Elementary US Bank - Subsidized tickets for School House Rock February 2019 Fiscal Year 2018 - 2019 Name Lewis Real Estate Corp.:Restricted Grant - FY 18/19US Bank:Restricted Grant - 18/19 Play Partners Rancho Cucamonga Community & Arts Foundation Statement of Activity - Operating Budget / Grants Num Date 02/20/201902/20/2019 Type Check Check Total 67001 · Sponsored Transportation67003 · Tickets for UnderservedTotal 67003 · Tickets for Underserved Total 67000 · GRANT DISBURSEMENTS Total Expense Net Ordinary Income Net Income Accrual Basis 200.00200.00 2,716.002,500.001,740.006,956.007,156.007,156.00 -7,156.00 -7,156.00 Amount Class FUNDRAISING ACTIVITIES:Restricted Grants:LewisFUNDRAISING ACTIVITIES:Restricted Grants:US Bank FoundationFUNDRAISING ACTIVITIES:Restricted Grants:B of A FoundationFUNDRAISING ACTIVITIES:Restricted Grants:US Bank Foundation Memo March 2019 Lewis - Sponsored transportation for Westmont Elementary (School House Rock Live)US Bank - Tickets for underserved - Golden DragonB of A Foundation - Tickets for underserved - Hunchback of Notre DameUS Bank - Tickets for underserved - Hunchback of Notre Dame Fiscal Year 2018 - 2019 Name Rancho Cucamonga Community & Arts Foundation Statement of Activity - Operating Budget / Grants Lewis Real Estate Corp.:Restricted Grant - FY 18/19US Bank:Restricted Grant - 18/19 Play PartnersBank of America:B of A Foundation Restr Grant - FY18/19US Bank:Restricted Grant - 18/19 Play Partners Num 115561155211553 11554 Date 03/26/201903/11/201903/11/201903/15/2019 Type CheckCheckCheck Check 67001 · Sponsored TransportationTotal 67001 · Sponsored Transportation67003 · Tickets for UnderservedTotal 67003 · Tickets for Underserved 67000 · GRANT DISBURSEMENTS Total 67000 · GRANT DISBURSEMENTS ExpenseTotal Expense Ordinary Income/ExpenseNet Ordinary Income Net Income Accrual Basis 0.00 TOTAL 74,160.0074,160.0074,160.0025,317.7425,317.7448,842.2648,842.26 May 4, 2019 Cinco de Bunco 575.00575.00 4,000.004,000.004,000.003,425.003,425.00 Apr 27, 2019 Monte Carlo Night Mar 23, 2019 Performance Fritz Coleman 68,510.0068,510.0068,510.0024,742.7424,742.7443,767.2643,767.26 Oct 22, 2018 Golf Tourney Fiscal Year 2018 - 2019 0.000.00 1,650.001,650.001,650.001,650.001,650.00 All Transactions During Fiscal Year through March 31, 2019 Statement of Activity - Fundraising Events Rancho Cucamonga Community & Arts Foundation Sept 1, 2018 Quakes Night 45000 · PROGRAM / EVENT INCOME65000 · FUNDRAISING EXPENSES IncomeTotal IncomeExpenseTotal Expense Gross Profit Ordinary Income/ExpenseNet Ordinary Income Net Income Accrual Basis Accrual Basis Rancho Cucamonga Community & Arts Foundation Balance Sheet Fiscal Year 2018 - 2019 As of March 31, 2019 March 31, 2019 ASSETS Current Assets Checking/Savings 10010 · PAL Checking Account201,617.47 10020 · LAIF Account297,764.74 Total Checking/Savings499,382.21 Accounts Receivable 12000 · Accounts Receivable500.00 Total Accounts Receivable500.00 Other Current Assets 13000 · Investments - UnionBanc 13150 · United States Treas Nts Note899,718.75 13010 · American Express BK FSB CD250,000.00 13020 · Capital One Bank USA NA CD250,000.00 13030 · American Express Centrn250,000.00 13040 · Fed Natl Mtg Assn - 3135G0K93700,868.00 Total 13000 · Investments - UnionBanc2,350,586.75 16000 · Undeposited Funds2,000.00 Total Other Current Assets2,352,586.75 Total Current Assets2,852,468.96 TOTAL ASSETS2,852,468.96 LIABILITIES & EQUITY Liabilities Current Liabilities Credit Cards 22000 · US Bank Credit Cards 22010 · US Bank Credit Card - 25801,127.80 22020 · US Bank Credit Card - 5445149.15 Total 22000 · US Bank Credit Cards1,276.95 Total Credit Cards1,276.95 Total Current Liabilities1,276.95 Total Liabilities1,276.95 Equity 30000 · Temp Restricted Net Assets124,752.49 31000 · Permanent Restricted Net Assets2,350,586.75 32000 · Unrestricted Net Assets237,354.53 Net Income138,498.24 Total Equity2,851,192.01 TOTAL LIABILITIES & EQUITY2,852,468.96 Accrual Basis Rancho Cucamonga Community & Arts Foundation Temporarily Restricted Net Assets Fiscal Year 2018 - 2019 As of March 31, 2019 March 31, 2019 Ordinary Income/Expense Income 41000 · FOUNDATION GRANT INCOME357,500.00 43000 · INDIVIDUAL CONTRIBUTIONS 43010 · Spotlight Donor 43011 · Love of Wine Donation56,546.00 43012 · MainStreet Donation30,252.00 Total 43010 · Spotlight Donor86,798.00 43020 · MainStreet Donation100.90 Total 43000 · INDIVIDUAL CONTRIBUTIONS86,898.90 46000 · CORPORATE GRANT INCOME550,750.00 Total Income995,148.90 Gross Profit995,148.90 Expense 67000 · GRANT DISBURSEMENTS 67013 · Associate Tickets1,186.00 67012 · Supporting Sponsor10,500.00 67011 · Presenting Sponsor99,500.00 67010 · Sponsored Season Support80,000.00 67009 · LFP Sponsorship40,000.00 67001 · Sponsored Transportation175,336.06 67002 · Specialty Series66,435.00 67003 · Tickets for Underserved62,171.15 67004 · Sponsored Tickets165,556.20 67005 · MainStreet Support98,709.50 67006 · Sponsorships65,002.50 Total 67000 · GRANT DISBURSEMENTS864,396.41 66000 · PROGRAM EXPENSES 66300 · Spotlight Donor Disbursements 66301 · Love of Wine Disbursements5,000.00 66302 · MainStreet Disbursements1,000.00 Total 66300 · Spotlight Donor Disbursements6,000.00 Total 66000 · PROGRAM EXPENSES6,000.00 65000 · FUNDRAISING EXPENSES 65010 · Event Consultant Fee0.00 65040 · Event Entertainment0.00 65100 · Live Auction Prizes0.00 65120 · Misc Event Expenses0.00 Total 65000 · FUNDRAISING EXPENSES0.00 Total Expense870,396.41 Net Ordinary Income124,752.49 Net Income124,752.49 500.00500.00500.00 Open Balance 30 Aging Class FUNDRAISING ACTIVITIES:Monte Carlo Casino Night:2019 Due Date 03/01/2019 Memo 2019 Monte Carlo Casino Night - Table Sponsorship As of March 31, 2019 A/R Aging Detail Fiscal Year 2018 - 2019 Name Rancho Cucamonga Community & Arts Foundation Heritage Park Nursing & Rehab Center Num MCN2020-HP1 Date 03/01/2019 Type Invoice CurrentTotal Current1 - 30Total 1 - 3031 - 60Total 31 - 6061 - 90Total 61 - 90> 90Total > 90TOTAL Rancho Cucamonga Community & Arts Foundation Reconciliation Summary - PAL Checking Account Fiscal Year 2018 - 2019 Period Ending February 28, 2019 Feb 28, 2019 Beginning Balance203,102.93 Cleared Transactions Checks and Payments - 7 items-2,963.81 Deposits and Credits - 3 items25,044.13 Total Cleared Transactions22,080.32 Cleared Balance225,183.25 Uncleared Transactions Checks and Payments - 8 items-15,122.56 Total Uncleared Transactions-15,122.56 Register Balance as of 02/28/2019210,060.69 New Transactions Deposits and Credits - 1 item3,629.30 Total New Transactions3,629.30 Ending Balance213,689.99 15.00 -60.96 -500.00 -1,000.00-1,500.00-2,000.00-2,736.91-2,948.81-2,963.81-2,963.81 25,015.0025,044.1325,044.1322,080.32 Balance -12,547.46 203,102.93225,183.25 15.0029.13 -15.00-60.96 -500.00-500.00-500.00-500.00-736.91-211.90 -2,963.81 25,000.0025,044.1322,080.3222,080.32 Amount -12,486.50 Clr Memo 2018/19 High School Sponsorship Award2018/19 High School Sponsorship AwardPaychex Inc. Payroll Taxes for Susan Sluka-KellyPayChex Invoice - Auto deduct from PAL bank accountMonthly Merchant Services fee (credit card terminal)Reimbursement of Merchant Services fee (credit card terminal) 2018/19 High School Sponsorship Award2018/19 High School Sponsorship AwardMainstreet Restricted Donation from the Dwight Richard Odle Revocable Living Trust, dtd February...Amazon SmileLewis Grant - Bus reimbursement for Rancho HS to attend "School House Rock Live" (PO # FT101918)US Bank - Subsidized tickets for School House Rock Fiscal Year 2018 - 2019 Period Ending February 28, 2019 Name Rancho Cucamonga Community & Arts Foundation Reconciliation Detail - PAL Checking Account Alta Loma High SchoolAlta Loma High SchoolEtiwanda High SchoolLos Osos High SchoolState / Federal Tax AgencyPayChexUnionBankSB County Superintendent of SchoolsCity of Rancho Cucamonga - V Num 11541115401154211543ElectronicElectronicElectronic1153211546 Date 01/24/201901/24/201902/01/201902/01/201902/01/2019 01/24/201901/24/201902/11/201902/11/201902/15/201911/06/201802/20/2019 Type CheckCheckCheckCheckCheck CheckCheckDepositDepositDepositCheckCheck Total Checks and Payments Checks and Payments - 7 itemsDeposits and Credits - 3 itemsTotal Deposits and CreditsChecks and Payments - 8 items Cleared TransactionsTotal Cleared TransactionsUncleared Transactions Beginning BalanceCleared Balance 3,629.303,629.303,629.30 Balance -13,047.46-13,547.46-14,024.26-14,501.06-14,848.06-15,122.56-15,122.56-15,122.56 210,060.69213,689.99 -500.00-500.00-476.80-476.80-347.00-274.50 6,957.763,629.303,629.303,629.30 10,587.06 Amount -15,122.56-15,122.56 Clr Memo Lewis sponsorship - Bus transportation for School House Rock - Cucamonga ElementaryLewis sponsorship - Bus transportation for School House Rock - Lincoln ElementaryLewis sponsorship - Bus reimbursement for School House Rock - Bear Gulch ElementaryLewis Sponsorship - Bus reimbursement for School House Rock - Central ElementaryLewis sponsorship - Bus reimbursement for School House Rock - JC Boyd Elementary Lewis sponsorship - Bus reimbursement for School House Rock - John Adams Elementary(Kenny Cetera Concert), (PAL spotlight donation) Fiscal Year 2018 - 2019 Period Ending February 28, 2019 Name Rancho Cucamonga Community & Arts Foundation Reconciliation Detail - PAL Checking Account Etiwanda School DistrictOntario-Montclair School DistrictCentral School DistrictCentral School DistrictRialto Unified School DistrictJohn Adams Elementary Num 115441155111550115471154811549 Date 02/20/2019 02/20/201902/20/201902/20/201902/20/201902/20/201903/12/2019 Type Check CheckCheckCheckCheckCheckDeposit Total Checks and PaymentsDeposits and Credits - 1 itemTotal Deposits and Credits Total Uncleared TransactionsNew TransactionsTotal New Transactions Ending Balance Register Balance as of 02/28/2019 Rancho Cucamonga Community & Arts Foundation Reconciliation Summary - PAL Checking Account Fiscal Year 2018 - 2019 Period Ending March 29, 2019 March 29, 2019 Beginning Balance225,183.25 Cleared Transactions Checks and Payments - 6 items-3,906.50 Deposits and Credits - 1 item3,629.30 Total Cleared Transactions-277.20 Cleared Balance224,906.05 Uncleared Transactions Checks and Payments - 12 items-23,288.58 Total Uncleared Transactions-23,288.58 Register Balance as of 03/29/2019201,617.47 New Transactions Checks and Payments - 1 item-300.00 Deposits and Credits - 1 item2,000.00 Total New Transactions1,700.00 Ending Balance203,317.47 -60.96 -476.80-953.60-277.20 3,629.303,629.30 -2,995.44-3,732.35-3,747.35-3,906.50-3,906.50 Balance -12,547.46-13,047.46-13,547.46-13,894.46 225,183.25224,906.05 -15.00-60.96 -476.80-476.80-736.91-159.15 -277.20-277.20-500.00-500.00-347.00 3,629.303,629.30 -2,041.84-3,906.50 Amount -12,486.50 Clr Memo Lewis Sponsorship - Bus reimbursement for School House Rock - Central ElementaryLewis sponsorship - Bus reimbursement for School House Rock - Bear Gulch ElementaryMonthly Merchant Services fee (credit card terminal)PayChex Invoice - Auto deduct monthly fee from PAL bank accountLewis sponsorship - Bus transportation for School House Rock - Cucamonga ElementaryLewis sponsorship - Bus transportation for School House Rock - Lincoln ElementaryLewis sponsorship - Bus reimbursement for School House Rock - JC Boyd Elementary Paychex Inc. Payroll for Susan Sluka-KellyPaychex Inc. Payroll Taxes for Susan Sluka-Kelly(Kenny Cetera Concert), (PAL spotlight donation)Lewis Grant - Bus reimbursement for Rancho HS to attend "School House Rock Live" (PO # FT101918)US Bank - Subsidized tickets for School House Rock Period Ending March 29, 2019 Fiscal Year 2018 - 2019 Name Rancho Cucamonga Community & Arts Foundation Reconciliation Detail - PAL Checking Account Central School DistrictCentral School DistrictSusan Sluka-KellyState / Federal Tax AgencyUnionBankPayChexSB County Superintendent of SchoolsCity of Rancho Cucamonga Etiwanda School DistrictOntario-Mo ntclair School DistrictRialto Unified School District Num 1154711550ElectronicElectronicElectronicElectronic1153211546115441155111548 Date 03/01/201903/04/2019 02/20/201902/20/201903/01/201903/01/201903/12/201911/06/201802/20/201902/20/201902/20/201902/20/2019 Type CheckCheck CheckCheckCheckCheckDepositCheckCheckCheckCheckCheck Total Checks and Payments Checks and Payments - 6 itemsDeposits and Credits - 1 itemTotal Deposits and CreditsChecks and Payments - 12 items Cleared TransactionsTotal Cleared TransactionsUncleared Transactions Beginning BalanceCleared Balance -300.00-300.00 2,000.002,000.001,700.00 Balance -14,168.96-16,884.96-19,384.96-21,124.96-21,656.71-21,856.71-23,288.58-23,288.58-23,288.58 201,617.47203,317.47 -274.50-531.75-200.00-300.00-300.00 2,000.002,000.001,700.00 -2,500.00-1,740.00 -2,716.00-1,431.87 Amount -23,288.58-23,288.58-23,565.78-21,865.78 Clr Memo Lewis sponsorship - Bus reimbursement for School House Rock - John Adams ElementaryB of A Foundation - Tickets for underserved - Hunchback of Notre DameUS Bank - Tickets for underserved - Hunchback of Notre DameLewis - Sponsored transportation for Westmont Elementary (School House Rock Live) US Bank - Tickets for underserved - Golden Dragon2018 Donor Awards Celebration - Room rental feePurchase of new name plates for Donor WallPhoto Booth for 2019 Monte Carlo Casin Night2019 Monte Carlo Casino Night Period Ending March 29, 2019 Fiscal Year 2018 - 2019 Name Rancho Cucamonga Community & Arts Foundation Reconciliation Detail - PAL Checking Account John Adams ElementaryCity of Rancho Cucamonga City of Rancho Cucamonga City of Rancho Cucamonga City of Rancho Cucamonga Pomona Unified School DistrictMD DesignsLuxe Pix Photo Booth Num 1154911552115531155411555115561155711558 Date 02/20/2019 03/11/201903/11/201903/15/201903/26/201903/26/201903/28/201904/02/201904/01/2019 Type Check CheckCheckCheckCheckCheckCheckCheckDeposit Total Checks and PaymentsChecks and Payments - 1 itemTotal Checks and PaymentsDeposits and Credits - 1 itemTotal Deposits and Credits Total Uncleared TransactionsNew TransactionsTotal New Transactions Ending Balance Register Balance as of 03/29/2019 Rancho Cucamonga Community & Arts Foundation Reconciliation Summary - LAIF Account Fiscal Year 2018 - 2019 Period Ending March 5, 2019 March 5, 2019 Beginning Balance297,764.74 Cleared Balance297,764.74 Register Balance as of 03/05/2019297,764.74 Ending Balance297,764.74 Rancho Cucamonga Community & Arts Foundation Reconciliation Detail - LAIF Account Fiscal Year 2018 - 2019 Period Ending March 5, 2019 TypeDateNumNameMemoClrAmountBalance Beginning Balance297,764.74 Cleared Balance297,764.74 Register Balance as of 03/05/2019297,764.74 Ending Balance297,764.74 Rancho Cucamonga Community & Arts Foundation Reconciliation Summary - LAIF Account Fiscal Year 2018 - 2019 Period Ending April 3, 2019 April 3, 2019 Beginning Balance297,764.74 Cleared Balance297,764.74 Register Balance as of 04/03/2019297,764.74 Ending Balance297,764.74 Rancho Cucamonga Community & Arts Foundation Reconciliation Detail - LAIF Account Fiscal Year 2018 - 2019 Period Ending April 3, 2019 TypeDateNumNameMemoClrAmountBalance Beginning Balance297,764.74 Cleared Balance297,764.74 Register Balance as of 04/03/2019297,764.74 Ending Balance297,764.74 EXECUTIVE DIRECTOR’SREPORT DATE:April 24, 2019 Rancho Cucamonga Community & Arts FoundationBoard of Directors TO: Susan Sluka-Kelly,ExecutiveDirector FROM: Discussion of Potential Space Opportunity for RCCAAF at Terra Vista SUBJECT: RECOMMENDATION: Staff recommends the Board of Directors reviewthe attached “Exhibit A”and discuss the opportunity to host a potential arts space at Terra Vista Town Center, owned by Lewis Group of Companies’ Retail Division. A full commitment is not expected at this time, however, due to time sensitivity, it is recommended that the Board either provide approval to proceed to explore the feasibility of hosting and maintaining thespace for a period of two or more years, or not to proceed. BACKGROUND: Lewis Retail Operating and Randall Lewis have very graciously and generously provided the RCCAAF with an opportunity to consider a vacant retail space at Terra Vista Town Center to establish as a potential arts space and home base for the Foundation. The space, located in the “food court” area across from the Terra Vista Town Cinemas,is currently gutted and very basic, and there would be some internal construction required in order to make the space usable to the Foundation. The one caveat to consider is that the space is expected be demolished/re-imagined down the road, approx. 4 – 6 years, therefore a 2-year lease is all that can be offered at this time, but a slightly longer duration could be expected until new plans are developed. Randall has informed me that Lewis Retail would not charge a monthly rent, or if a rent was to be charged it would be offset by funds from Lewis. I understand that there is a great deal to be discussed and considered before a decision can be made to determine if the Foundation can operate and sustain a space. I’ve received a general cost estimate of $45,000 - $50,000(from the representative at Lewis Retail) to provide “vanilla shell condition with a drop ceiling, florescent lighting fixtures wired to the panel, HVAC ducting, and two (2) ADA compliant restrooms.” Should the Board of Directors decide to pursue the ideaof this space for further research and consideration, I suggest that thatBoard set a workshop session sometime in May to furtherdiscuss and evaluate this opportunity so that we can create a solid strategic plan to move forward, or vacate the option and notify Randall of the decision. In the meantime, I will continue to research basic operating costs for the space to have a greater Page 1 of 2 understanding to the financial obligation. Due to the extreme generosity of this offer to the Foundation, I would expect to give a confirmation to Randall by end of June. ANALYSIS: Currently, there is not a space or entity in Rancho Cucamonga that provides a community arts space, financial support for the arts, or encouragement for grass-roots efforts to start new arts projects, groups or events. The Cultural Center has well established itself as an excitingperforming arts center by presenting and producing professional artists and large theatre productions. This has been a great addition to our city and has brought the arts into the spotlight. However, the space is not designed to help support outsidearts entities, showcase individual local artists or student talent, or create an encouraging environment for nurturing fledgling arts groups. By establishing a space that can not only provide arts-focusedevents, exhibits and education, the space at TerraVista also has a great opportunity to generate revenue that can make it self- supporting, and potentially, net revenue positive to put even more funds into local arts. By creating partnerships with local schools, the City, local arts organizations, alongwith providing “cost sharing” opportunities with local artists and performance groups, I feel that ongoing use of the space will generate ongoing revenues as well. Should the Board decide to pursue this opportunity, I am excitedto explore partnership options as well as unlimited ideas on how this space can benefit the community. The attached exhibit is the document presented to Randall Lewis in January 2019, providing a vision for the potential use of the space at Terra Vista. FISCAL IMPACT: As previously mentioned, the basic expense to make the space usable would be approximately $50,000. It is not certain what the ongoing monthly expenses will be for this space until more research is conducted.The board would ultimately need to decide how theywould wish to fund any upfront expenses, which may include a combination of savings, a fundraising campaign, and partnership agreements. Exhibits: Attachment 1 - Vison and Concept Presentation for Randall Lewis (1.28.19) Page 2 of 2