Civic Intelligence

California Polytechnic State University Foundation

990 • Fiscal year 2021 • EIN 20-4927897

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 22, 2022

Organization ProfileWWW.CALPOLYFOUNDATION.ORG
One Grand Avenue Bldg 117 No 208San Luis Obispo, CA 93407-0443

(805) 756-5864

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.04x

Higher debt load relative to assets than 15% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

37th percentile

0.37x

Higher debt load relative to revenue than 37% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

51st percentile

9.1%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

40th percentile

$601,850

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

61st percentile

16%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-9.2%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$434,195,321

Up $60,615,584 (+16%) from 2020

Net Assets

Up

$417,635,687

Up $55,932,620 (+15%) from 2020

Liabilities

Up

$16,559,634

Up $4,682,964 (+39%) from 2020

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin51st percentile

Revenue

Down

$44,339,782

Down $4,501,928 (-9.2%) from 2020

Expenses

Up

$40,325,198

Up $1,064,789 (+2.7%) from 2020

Net Income

Down

$4,014,584

Down $5,566,717 (-58%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $206,695,624Liabilities 2010: $10,258,796Net Assets 2010: $196,436,8282010Assets 2011: $236,590,212Liabilities 2011: $9,750,506Net Assets 2011: $226,839,7062011Assets 2012: $229,626,631Liabilities 2012: $10,330,035Net Assets 2012: $219,296,5962012Assets 2013: $243,683,119Liabilities 2013: $10,129,321Net Assets 2013: $233,553,7982013Assets 2014: $267,112,960Liabilities 2014: $10,382,270Net Assets 2014: $256,730,6902014Assets 2015: $281,410,732Liabilities 2015: $12,502,694Net Assets 2015: $268,908,0382015Assets 2016: $299,791,929Liabilities 2016: $13,383,823Net Assets 2016: $286,408,1062016Assets 2017: $349,438,110Liabilities 2017: $9,622,799Net Assets 2017: $339,815,3112017Assets 2018: $368,991,639Liabilities 2018: $8,895,325Net Assets 2018: $360,096,3142018Assets 2019: $377,483,082Liabilities 2019: $7,315,174Net Assets 2019: $370,167,9082019Assets 2020: $373,579,737Liabilities 2020: $11,876,670Net Assets 2020: $361,703,0672020Assets 2021: $434,195,321Liabilities 2021: $16,559,634Net Assets 2021: $417,635,6872021Assets 2022: $387,833,874Liabilities 2022: $14,648,942Net Assets 2022: $373,184,9322022Assets 2023: $403,663,890Liabilities 2023: $13,909,463Net Assets 2023: $389,754,4272023Assets 2024: $437,035,056Liabilities 2024: $16,365,001Net Assets 2024: $420,670,0552024

Highlighted filing

2021

Assets$434,195,321
Liabilities$16,559,634
Net Assets$417,635,687
Open 2021 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0Expenses 2010: $14,464,0562010Expenses 2011: $18,752,7792011Expenses 2012: $19,288,1752012Expenses 2013: $23,043,8822013Revenue 2014: $25,858,199Expenses 2014: $24,121,930Net Income 2014: $1,736,2692014Revenue 2015: $55,050,551Expenses 2015: $29,866,960Net Income 2015: $25,183,5912015Revenue 2016: $52,695,621Expenses 2016: $31,206,516Net Income 2016: $21,489,1052016Revenue 2017: $65,538,856Expenses 2017: $27,034,661Net Income 2017: $38,504,1952017Revenue 2018: $57,843,515Expenses 2018: $44,366,532Net Income 2018: $13,476,9832018Revenue 2019: $44,057,764Expenses 2019: $35,353,848Net Income 2019: $8,703,9162019Revenue 2020: $48,841,710Expenses 2020: $39,260,409Net Income 2020: $9,581,3012020Revenue 2021: $44,339,782Expenses 2021: $40,325,198Net Income 2021: $4,014,5842021Revenue 2022: $59,131,933Expenses 2022: $57,544,624Net Income 2022: $1,587,3092022Revenue 2023: $46,982,068Expenses 2023: $46,371,070Net Income 2023: $610,9982023Revenue 2024: $74,723,223Expenses 2024: $51,314,550Net Income 2024: $23,408,6732024

Highlighted filing

2021

Revenue$44,339,782
Expenses$40,325,198
Net Income$4,014,584
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 22, 2022
Return Version
2020v4.2
Gross Receipts
$72,380,947
Mission and Program Overview

Mission

To provide and augment programs that are an integral part of the educational mission of the university, primarily in the acquisition, investment and administration of gifts and endowments for the benefit of the university.

The foundation's purpose is to operate as an auxiliary organization of the california state university by supporting the scientific, literary, educational and charitable purposes of california polytechnic state university, san luis obispo.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$361,703,067$417,635,687▲ $55,932,620
Investments in Publicly Traded Securities$288,151,689$358,199,218▲ $70,047,529
Pledges and Grants Receivable$59,170,387$42,676,207▼ $16,494,180
Savings and Temporary Cash Investments$24,150,354$31,355,129▲ $7,204,775
Investments Other Securities$1,368,729$1,238,465▼ $130,264
Other Notes and Loans Receivable, Net$323,000$323,000→ $0
Inventories for Sale or Use$198,735$198,735→ $0
Accounts Receivable$128,214$102,589▼ $25,625
Prepaid Expenses and Deferred Charges$15,659$23,136▲ $7,477
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$373,579,737$434,195,321▲ $60,615,584
Other Assets Total$72,970$78,842▲ $5,872
Liabilities
Other Liabilities$11,479,630$16,137,089▲ $4,657,459
Accounts Payable and Accrued Expenses$262,538$328,175▲ $65,637
Deferred Revenue$134,502$94,370▼ $40,132
Total Liabilities$11,876,670$16,559,634▲ $4,682,964
Net Assets / Fund Balance
Total Net Assets Fund Balance$361,703,067$417,635,687▲ $55,932,620
Total Liabilities and Net Assets / Fund Balance$373,579,737$434,195,321▲ $60,615,584

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$223,790,671$7,315,696▲ $66,889,832$-10,499,364$284,357,551
2019$225,512,271$7,450,208▲ $2,859,816$-7,531,353$223,790,671
2018$218,369,931$6,269,071▲ $12,245,113$-8,766,609$225,512,271
2017$207,630,854$7,720,388▲ $15,205,746$-9,629,378$218,369,931
2016$188,432,286$6,267,682▲ $24,040,543$-8,613,918$207,630,854
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleOtherTotal
Philip S Bailey JrDirector$61,865$61,865

Board Members and Trustees

NameTitle
William H SwansonChairman
Jeffrey D ArmstrongUniversity President & CEO
Charles L HarringtonVice Chairman
Basia GillespieDirector
Cynthia Vizcaino VillaDirector
Hilary DecesareDirector
Jerry LohrDirector
Jim MarderosianDirector
John F SalmonsonDirector
Josh MachamerDirector
Kenric B StoneDirector
Laura M PickeringDirector
Mark HarrisDirector
Michael J ApplegateDirector
Paul R Bonderson JrDirector
Richard C JacobsenDirector
Rob MooreDirector
Robert C Taylor JrDirector
Robert E WackerDirector
Scott GaudineerDirector
Stan Van VleckDirector
Stephen J BarnardDirector
John RoncaSecretary
Marc BenadibaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kaspick & CompanyInvestment Advisor203 REDWOOD SHORES PARKWAY SUITE 3, Redwood Shores, CA 94065$520,208
Revenue and Support

Revenue Composition

Contributions and Grants
$29,386,176
Program Service Revenue
$0
Investment Income
$14,950,849
Other Revenue
$2,757
All Other Contributions
$29,386,176
Change in Net Assets
$4,014,584

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded46$3,323,505Fair Market Value
Total Noncash Contributions46$3,323,505-

Audited Revenue Reconciliation

Revenue per Audited Statements
$43,819,574
Revenue Not Reported on Financial Statements
$520,208
Revenue Not Reported on Form 990
$51,983,300
Total Revenue per Audited Statements
$95,802,874
Total Revenue per Form 990
$44,339,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,425,632
Grants and Similar Amounts Paid$18,899,566
Total Fundraising Expense$2,664,837
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$18,899,566--$18,899,566
Other Expenses$78,153$514,735$2,271,380$2,864,268
Fees for Service Investment Mgmnt Fees$540,804--$540,804
Office Expenses-$29,747$270,039$299,786
Advertising--$123,418$123,418
Fees for Services Accounting-$64,199-$64,199
Fees for Services Legal-$63,963-$63,963
Conferences and Meetings-$16,777-$16,777
Insurance-$9,938-$9,938
Fees for Services Management-$9,336-$9,336
Fees for Services Other-$5,759-$5,759
Travel-$238-$238
Total Functional Expenses$36,503,358$1,157,003$2,664,837$40,325,198

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$40,325,198
Total Expenses per Audited Statements$39,870,254
Expenses per Audited Statements$39,804,990
Expenses Not Reported on Financial Statements$520,208
Expenses Not Reported on Form 990$65,264
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
California Polytechnic State UniversitySan Luis Obispo, CA115Support of the University$13,776,777
California Polytechnic State UniversitySan Luis Obispo, CA115Scholarships for Students as Determined by the University$2,619,075
Cal Poly CorporationSan Luis Obispo, CA501(c)(3)Contributions to Cal Poly Corporation in Support of the University$2,482,814
Associated Students IncSan Luis Obispo, CA501(c)(3)Contributions to Associated Students, Inc. in Support of the University$20,900
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Split Interest Trust Liabilities$9,340,579
Split Interest Trust - Deferred Inflows$6,796,510
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The foundation has delegated california polytechnic state university authority to act as its agent in a full range of accounting, administrative, processing, cash management, reporting and service functions under an administrative services agreement.”

Form 990, Part VI, Section A, Line 7A

“The university president may appoint voting and non-voting ex officio directors by virtue of office held with the university and must approve all directors.”

Form 990, Part VI, Section A, Line 7B

“Certain decisions, including changes to the governing body and organizational documents, are subject to review and approval of the university president.”

Form 990, Part VI, Section B, Line 11B

“The audit committee will review and approve form 990. The final version is subsequently distributed to the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“In addition to reviewing annually, the board members disclose conflicts of interest during the year as they arise. The board addresses conflicts of interest immediately upon disclosure.”

Form 990, Part VI, Section B, Line 15A

“The foundation does not compensate any officers, directors or key employees. The university, a related party, independently determines compensation for officers and directors for work performed as an employee of, and on behalf of, the university.”

Form 990, Part VI, Section C, Line 19

“Governing documents and policies are made available to the public upon request and are available for public inspection in the office of the chief executive officer.”

Filing and Contact Details

Filer

Filer Name
California Polytechnic State University
EIN
20-4927897
Phone
8057565864
Address
ONE GRAND AVENUE BLDG 117 NO 208, SAN LUIS OBISPO, CA 93407-0443

Signing Officer

Name
Marc Benadiba
Title
Treasurer
Phone
8057565864
Signed
2022-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Benadiba
Formed
2006
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
20
Employees
0
Volunteers
25

Preparer

Firm
Glenn Burdette Inc
Address
1150 PALM STREET, SAN LUIS OBISPO, CA 93401
Preparer
Chris S Delaney CPA
Phone
8055441441
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loss on uncollectible pledges -65,264.”

Form 990, Part XII, Line 2C

“The oversight process of the audit has not changed.”

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on uncollectible pledges 65,264.”

Raw XML AppendixShowing 400 of 846 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1563059
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt23102560
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFFREY D ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM H SWANSON
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLES L HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN RONCA
IRS990/Form990PartVIISectionAGrp/PersonNm4MARC BENADIBA
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL J APPLEGATE
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILIP S BAILEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm7STEPHEN J BARNARD
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL R BONDERSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm9HILARY DECESARE
IRS990/Form990PartVIISectionAGrp/PersonNm10SCOTT GAUDINEER
IRS990/Form990PartVIISectionAGrp/PersonNm11BASIA GILLESPIE
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHARD C JACOBSEN
IRS990/Form990PartVIISectionAGrp/PersonNm14JERRY LOHR
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSH MACHAMER
IRS990/Form990PartVIISectionAGrp/PersonNm16JIM MARDEROSIAN
IRS990/Form990PartVIISectionAGrp/PersonNm17ROB MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm18LAURA M PICKERING
IRS990/Form990PartVIISectionAGrp/PersonNm19JOHN F SALMONSON
IRS990/Form990PartVIISectionAGrp/PersonNm20KENRIC B STONE
IRS990/Form990PartVIISectionAGrp/PersonNm21ROBERT C TAYLOR JR
IRS990/Form990PartVIISectionAGrp/PersonNm22STAN VAN VLECK
IRS990/Form990PartVIISectionAGrp/PersonNm23CYNTHIA VIZCAINO VILLA
IRS990/Form990PartVIISectionAGrp/PersonNm24ROBERT E WACKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4162900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt661686
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15127041
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23306384
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0UNIVERSITY PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt08588974
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt018899566
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt018899566
IRS990/GrantsToDomesticOrgsGrp/TotalAmt018899566
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt036630139
IRS990/GrossReceiptsAmt072380947
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09938
IRS990/InsuranceGrp/TotalAmt09938
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0198735
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0198735
IRS990/InvestmentIncomeGrp/ExclusionAmt06361875
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06361875
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01368729
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01238465
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0288151689
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0358199218
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt028041165
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AND AUGMENT PROGRAMS THAT ARE AN INTEGRAL PART OF THE EDUCATIONAL MISSION OF THE UNIVERSITY, PRIMARILY IN THE ACQUISITION, INVESTMENT AND ADMINISTRATION OF GIFTS AND ENDOWMENTS FOR THE BENEFIT OF THE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0361703067
IRS990/NetAssetsOrFundBalancesEOYAmt0417635687
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08588974
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08588974
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt051983300
IRS990/NoncashContributionsAmt03323505
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0270039
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029747
IRS990/OfficeExpensesGrp/TotalAmt0299786
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072970
IRS990/OtherAssetsTotalGrp/EOYAmt078842
IRS990/OtherChangesInNetAssetsAmt0-65264
IRS990/OtherExpensesGrp/Desc0ACADEMIC SUPPORT
IRS990/OtherExpensesGrp/Desc1PUBLIC & INSTITUTIONAL
IRS990/OtherExpensesGrp/FundraisingAmt02271380
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0442311
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1514735
IRS990/OtherExpensesGrp/ProgramServicesAmt016984835
IRS990/OtherExpensesGrp/ProgramServicesAmt178153
IRS990/OtherExpensesGrp/TotalAmt017427146
IRS990/OtherExpensesGrp/TotalAmt12864268
IRS990/OtherLiabilitiesGrp/BOYAmt011479630
IRS990/OtherLiabilitiesGrp/EOYAmt016137089
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0323000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0323000
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt059170387
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt042676207
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023136
IRS990/PrincipalOfficerNm0MARC BENADIBA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGEMENT AND INVESTMENT OF CAMPUS PROGRAM FUNDS AND ENDOWMENT FUNDS, THE EARNINGS ON WHICH ARE RESTRICTED FOR THE BENEFIT OF THE UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0540806
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt033884980
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt022768561
IRS990/PYInvestmentIncomeAmt014951216
IRS990/PYOtherExpensesAmt016491848
IRS990/PYOtherRevenueAmt05514
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt09581301
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt039260409
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt048841710
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04014584
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt02757
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt02757
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0361703067
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0417635687
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024150354
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031355129

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$434,195,321
Liabilities
$16,559,634
Net assets
$417,635,687
Revenue
$44,339,782
Expenses
$40,325,198
Net income
$4,014,584
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$437$16.4$421$74.7$51.3$23.4
2023Detailed filing. Detailed filing data is available for this year.$404$13.9$390$47.0$46.4$0.61
2022Detailed filing. Detailed filing data is available for this year.$388$14.6$373$59.1$57.5$1.59
2021Detailed filing. Detailed filing data is available for this year.$434$16.6$418$44.3$40.3$4.01
2020Detailed filing. Detailed filing data is available for this year.$374$11.9$362$48.8$39.3$9.58
2019Detailed filing. Detailed filing data is available for this year.$377$7.32$370$44.1$35.4$8.70
2018Detailed filing. Detailed filing data is available for this year.$369$8.90$360$57.8$44.4$13.5
2017Detailed filing. Detailed filing data is available for this year.$349$9.62$340$65.5$27.0$38.5
2016Detailed filing. Detailed filing data is available for this year.$300$13.4$286$52.7$31.2$21.5
2015Detailed filing. Detailed filing data is available for this year.$281$12.5$269$55.1$29.9$25.2
2014Detailed filing. Detailed filing data is available for this year.$267$10.4$257$25.9$24.1$1.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$244$10.1$234$23.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$230$10.3$219$19.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$237$9.75$227$18.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$207$10.3$196$14.5