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March 18, 2016

Nonprofit Set Up by L.A. Mayor Raised Nearly $15 Million in 1st Year

The Mayor's Fund for Los Angeles, a nonprofit started by Mayor Eric Garcetti to help fund civic projects, took in $14.6 million from donors in its first year of operation, reports the Los Angeles Times. The group spent about $4.7 million in fiscal year 2015, according to newly filed tax records, supporting night lighting for city parks, new domestic-violence response teams at police stations, and other programs.

The fund was modeled on a nonprofit set up in New York during Michael Bloomberg's mayoral tenure. Donors have included foundations and the philanthropic wings of major banks and other companies, some of which would be legally barred from donating directly to Mr. Garcetti. A top Garcetti aide sits on the nonprofit's board and has solicited gifts, according to the Times, but the mayor has said he has no control over the fund and intends for it to remain active under future administrations.