A Grand Future Ahead

Grand Park Foundation 2016 Annual Report Our Mission According to its bylaws, the Foundation’s specific purpose “is for the management and programming Table of Contents 1 Enhance the experience of for everyone of open public spaces, and to engage in any lawful Mission | Structure 1 in County and for all visitors for charitable activities allowed by law.” generations to come. President’s Letter 2-3 The Foundation seeks to contribute to the quality of life in Los Angeles County by developing and History | Milestones 4-5 Foundation Structure supporting community-building and community- Accomplishments 6-7 wellness initiatives. These initiatives provide access The Los Angeles County Grand Park Foundation to educational and recreational programming for Financials 8-9 was incorporated in December 2013 as a 501(c)(3) youth, seniors and families at Grand Park and other nonprofit public benefit corporation. On June 24, 2014, public spaces. Board of Directors 10 a resolution of the County Board of Supervisors Contributors + Support 11 approved the Los Angeles County Grand Park The Foundation will build upon Grand Park’s existing Foundation to replace the interim Grand Park success. It will work with the community and civic Staff | Contact 11 Advisory Board and to provide guidance and partners throughout the county to create cultural support in programming, marketing, fundraising, place-making alliances and to help maintain the partnerships, and community building for Grand park’s beauty and integrity as a world-class public Park. A Board of Directors governs the organization. space and destination. Dear Friends of Grand Park: We are focused on contributing to the quality of life developed community programming, began that ties to our educational programming initiatives in Los Angeles County through the development and fund development efforts, established a fund to and tells the Grand Park story, and complete a book The Grand Park Foundation’s first Annual Report support of community-building and community- support programs proposed by the community about the “Making of Grand Park.” We will kick-off symbolizes a new chapter in the evolution and wellness initiatives. Our efforts will provide access to and created a community engagement process to our community programming partnership fund. promising future of an incredible civic resource. free educational and recreational programming for obtain public input through an annual community We’ll also hold our first community engagement meeting Grand Park is an urban oasis in the heart of youth, seniors and families at Grand Park and other meeting about Grand Park. We are poised to to seek public input to help us achieve our mission. 2 3 downtown—inspired by the best urban public open public spaces. As a community-based nonprofit provide free educational and recreational youth, spaces—with flora from around the world and organization, the Foundation is committed to senior and family initiatives with a focus on cultural, The Grand Park Foundation invites you to join us majestic views that extend four blocks long from helping Grand Park sustain its position as a world- environmental and wellness programs, including the in bringing an added level of public enjoyment at Grand Avenue to Spring Street. It provides a central class public space for everyone. launch of our Grand Park Rangers program. We are Grand Park—“the park for everyone”—a glittering gathering place to connect, celebrate and shape our grateful to the generous donors and supporters who showcase of Los Angeles County’s diverse communities future together. During our first fiscal year of 2015-2016, the have helped us reach this point. and our connections to the world’s cultures. Foundation’s base was built. A diverse Board of The Foundation is dedicated to making everyone’s Directors was set to begin its work. Policies were In the months ahead, the Foundation is prepared Sincerely, experience at Grand Park and public spaces in adopted. From the outset, our Board recognized to take its work on behalf of the community to an Michael Woo Los Angeles County even grander. In 2012, the the need for professional management skills and even higher plateau. We will continue implementing Interim President County of Los Angeles established the Grand Park retained an experienced parks and open space our updated five-year strategic plan. We’ll add four Grand Park Foundation Advisory Board until the Foundation was in place. management consultant to serve as day-to- new Board members to bring additional expertise to We are grateful to the Advisory Board for their initial day staff and as strategic advisors. A five-year our existing Board of Directors. The Foundation will guidance on Grand Park programming and policies, strategic plan underway was updated to establish launch its programs involving community-building and we are excited to build upon their efforts. We benchmarks for operations, structure, fundraising, and community wellness. We’ll debut our website thank the community, County, Grand Park team and programs and other elements. For example, we Music Center for making Grand Park a special place. Grand Park History Grand Park’s Civic Park Business Plan served as the blueprint for the Park’s governance, maintenance Grand Park is a 12-acre public space owned by the and programming. The Grand Park Foundation County of Los Angeles at the Los Angeles County resulted from the plan, which recommended a Mall that opened to the public in 2012. The Park community-based foundation model similar to stretches four downtown blocks from Grand Avenue park and open space private-public partnerships to Spring Street. The area is adjacent to the Music across the country. Center, , the Cathedral of our Lady of the Angels, City Hall and historic corridors. 4 Milestones 5 The goal of creating a civic park by redesigning JUL | 2012 Grand Park opens and activating the County Mall became possible with the Grand Avenue Authority’s approval of the DEC | 2013 The Grand Park Foundation is incorporated as a Grand Avenue Project, a mixed-use development 501(c)(3) nonprofit by Related Companies, which agreed to contribute $50 million towards the $56 million budget to create June | 2014 The County Board of Supervisors approves the Grand Park. After a comprehensive community Los Angeles County Grand Park Foundation to engagement process by the County and Grand Park replace the interim Grand Park Advisory Board architect Rios Clementi Hale Studios, construction of Grand Park began in June 2010 and opened in July 2012. FY | 2015-16 The Foundation establishes its headquarters and approves its operational structure, In June 2014, the County officially approved the programming plans and initial strategies Los Angeles County Grand Park Foundation to assume the role of the County’s interim Grand Park FY | 2016-17 Implementation of an updated five-year Advisory Board, which was established pending the strategic program plan begins formation of the Foundation. Grand Park Rangers Unity Day in LA This program pilot is a free educational community- Planning will continue for the first annual “Unity 2015 | 2016 Accomplishments building and community-wellness initiative for Day in LA” Music and Art Festival in 2017-2018. The youth, seniors and families. It is designed to free Festival will bring together youth symphonies The Foundation Moves Ahead defines specific goals, such as achieving specific promote awareness of wellness and environmental and artists throughout Los Angeles County for a Important elements of the Foundation’s revenue marks, developing fundraising programs, practices, while generating Grand Park community day of music and art, in collaboration with schools, infrastructure were solidified that allowed the launching the Grand Park Rangers program pilot, stewardship, park/green space advocacy, civic community-based organizations, and other groups. organization to move forward in its work to support and expanding its Board of Directors and volunteer engagement, and activating year-round on-going This multicultural event will culminate with a record- Grand Park. advisory committees. activities. Also, a Friends of the Grand Park Rangers setting largest-ever multicultural youth symphony 6 was established as a volunteer community advisory performance that will be live-streamed worldwide. 7 The nonprofit established its operational structure. Community Programs to Be Launched group. A nine-member Board of Directors was formed. The Foundation designed free educational and Policies were developed and adopted. MJM recreational programming for youth, seniors and Management Group, authors of the Civic Park families to be implemented at Grand Park and other (now Grand Park) Business Plan and specialists in public spaces. nonprofit formation and public space management, was retained to serve as day to-day staff and These programs are a result of a community strategic advisors. These functions provide the base engagement process held during the Park’s design All Skate for Alzheimer’s Urban Parks Matter from which the Foundation can move forward to phase and reinforces the organization’s focus on A free community outdoor skating event to raise Provides funding to recommended and approved achieve its mission. developing and supporting community-building and awareness about brain health — in particular, to proposals for community programing at Grand Park wellness programs. These programs will be launched uncover truths about Alzheimer’s disease and other and other public spaces – cultural and traditional Strategic Plan Development beginning in 2016-2017. dementias — and to provide access to brain health events and programs free to the public. The Foundation began implementing its updated and other wellness resources. five-year strategic plan, including setting milestones Day of Play for operations, structure, programs, fundraising and This free community wellness event promotes active other elements. For example, in 2016-17, the plan living, and is inspired by National Play Outside Day to help families develop a fun lifetime habit of physical activity. Summary Financial Statement Data Pre-Audit Summary Financial Statement Data Pre-Audit Summarized Statements of Financial Position Summarized Statements of Activities

As of June 30, As of June 30, For the year ended June 30, For the year ended June 30, 2016 2015 2016 2015

8 Cash and cash equivalents 905,843 1,020,349 Grant contributions 5,000 1,020,250 9

Fixed assets, net 4,732 - Interest income 599 195

Total Assets $910,575 $1,020,349 Total income $5,599 $1,020,445

Liabilities $895 - Expenses

Net Assets $909,680 $1,020,349 Program services 2,500 - General and administrative 111,268 96 Total Liabilities and Net Assets $910,575 $1,020,349 Fundraising 2,500 -

Total Expenses $116,268 $96

Change in net assets $(110,669) $1,020,349

Net assets at beginning of year $1,020,349 -

Nets assets at end of year $909,680 $1,020,349 Thanks for your support Staff

Angie Castro | Acting Executive Director A special thanks to Michael Woo Irwin S. Field Sandy Pressman The Grand Park Foundation would like to thank Jonathan Weedman, Interim President Treasurer Secretary Mary McCue | CEO, MJM Management Group Dean | College of Chairman Civic Leader its donors and supporters for their generous Founding President Environmental Design, Liberty Vegetable Oil Grand Park Foundation Cal Poly Pomona Company contributions. and Senior Vice 10 President, Wells Fargo Contact Us 11 Foundation Board of Supervisors | County of Los Angeles The California Endowment Grand Park Foundation California Community Foundation 501 N. Main Street | Suite 304 Paige Craig Photography Los Angeles, CA 90012 Irwin S. Field Call | 213.267.8500 Friends of Grand Park Rangers Email | [email protected] MJM Management Group Web | grandparkfoundation.org Gloria Molina Tony Paradowski Starlett Quarles Board of Directors Los Angeles County Partner | Superjacent CEO Pasadena Garden Club Supervisor | Retired Formerly of Rios Clementi Hale Urban X Marketing Studios, Grand Park design team Stuart Patterson | Colorola Studios Profile Strategies Raimondo Pettit Group CPAs Mark Rios | Rios Clementi Hale Studios William E. Sawin Sr. | TFG Philanthropic Consulting Group

TeamworksCom October 2016 Thelma Pearl Howard Foundation Rosalind Wyman Jose Luis Valenzuela Charlie Woo Rosalind Wyman Director CEO Director Emerita | Music Los Angeles Theatre Megatoys Center Board of Directors Center Grand Park Foundation 501 N. Main Street | Suite 304 Los Angeles, CA 90012 213.267.8500 grandparkfoundation.org