2026-05-14T17:15:06-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2024-07-01 941156617 PRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE PRES 4085544398 500 EL CAMINO REAL SANTA CLARA CA 95053 RAMONA SAUTER AVP FOR FINANCE 4085544398 2026-05-15 1 1 WENDY CAMPOS P00448102 2099556100 2026-05-12 2024 2025-03-06 01:10:19Z SANTA CLARA UNIVERSITY JULIE SULLIVAN 500 EL CAMINO REAL SANTA CLARA CA 95053 1112294161 0 X WWW.SCU.EDU X 1851 CA SCU IS A CATHOLIC AND JESUIT INSTITUTION THAT MAKES STUDENT LEARNING ITS CENTRAL FOCUS, PROMOTES FACULTY AND STAFF LEARNING IN ITS VARIOUS FORMS, AND EXHIBITS ORGANIZATIONAL LEARNING. 42 40 5460 2957 7233540 1380247 71582111 57631447 557968945 593522261 51718924 66363018 -1579406 8868280 679690574 726385006 139019707 157283729 0 0 311344664 333945097 0 0 18108046 199442409 199198161 649806780 690426987 29883794 35958019 2995576494 3118534110 602927008 597419508 2392649486 2521114602 X SEE SCHEDULE O 0 0 598058862 157283729 592536224 SANTA CLARA UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION OFFERING DEGREES AT THE UNDERGRADUATE AND GRADUATE LEVEL AND LAW DEGREES. THE UNIVERSITY CONSISTS OF THE COLLEGE OF ARTS AND SCIENCES, THE SCHOOL OF ENGINEERING, THE LEAVEY SCHOOL OF BUSINESS, THE SCHOOL OF EDUCATION AND COUNSELING PSYCHOLOGY, THE SCHOOL OF LAW, AND THE JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA UNIVERSITY. CURRENT ENROLLMENT IS 9,728 STUDENTS CONSISTING OF 6,577 UNDERGRADUATE, 2,558 GRADUATE AND 593 LAW STUDENTS. IN FISCAL YEAR 2024-2025, THE UNIVERSITY AWARDED 2,822 DEGREES AT ALL ACADEMIC LEVELS. 598058862 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 12064 0 1 5460 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 42 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X RAMONA SAUTER 4085542757 500 EL CAMINO REAL SANTA CLARA CA 95053 JULIE SULLIVAN PRESIDENT 40.00 3.00 X X 1189082 0 23097 LARRY W SONSINI CHAIR 5.00 0.00 X X 0 0 0 MOLLY JOSEPH VICE CHAIR 2.00 0.00 X X 0 0 0 STEVEN STEVE J SORDELLO TREASURER (THRU 06/24), TRUSTEE 2.00 0.00 X 0 0 0 MIGUEL ABOITIZ TRUSTEE 2.00 0.00 X 0 0 0 CRAIG ALBANESE TRUSTEE 2.00 0.00 X 0 0 0 LUIS ARRIAGA VALENZUELA SJ TRUSTEE 2.00 0.00 X 0 0 0 KRISTI M BOWERS TRUSTEE 2.00 0.00 X 0 0 0 MARGARET PEGGY M BRADSHAW TRUSTEE 2.00 0.00 X 0 0 0 LUIS CALERO SJ TRUSTEE 2.00 3.00 X 0 0 0 WILLIAM BILL S CARTER TRUSTEE 2.00 0.00 X 0 0 0 LOUIS LOU M CASTRUCCIO TRUSTEE 2.00 0.00 X 0 0 0 HOWARD S CHARNEY TRUSTEE 3.00 0.00 X 0 0 0 KATHRYN KATHY CHOU TRUSTEE 2.00 0.00 X 0 0 0 GERALD JERRY T COBB SJ TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM DUFFY TRUSTEE 2.00 0.00 X 0 0 0 KATHLEEN DUNCAN TRUSTEE 2.00 0.00 X 0 0 0 REBECCA M GUERRA TRUSTEE 2.00 0.00 X 0 0 0 TIMOTHY TIM HALEY TRUSTEE 2.00 0.00 X 0 0 0 RICHARD RICH D HAUGHEY TRUSTEE 2.00 0.00 X 0 0 0 SEAN HUURMAN TRUSTEE 2.00 0.00 X 0 0 0 DARIUS JOHNSON CLASS OF '23 TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM BILL P LEAHY SJ TRUSTEE 2.00 0.00 X 0 0 0 HEIDI LE BARON LEUPP TRUSTEE 5.00 0.00 X 0 0 0 ROBERT LLOYD TRUSTEE 2.00 0.00 X 0 0 0 JOSEPH M MCSHANE SJ TRUSTEE 2.00 0.00 X 0 0 0 JEFFREY JEFF A MILLER TRUSTEE 4.00 0.00 X 0 0 0 KAPIL K NANDA TRUSTEE 2.00 0.00 X 0 0 0 RISE JONES PICHON TRUSTEE 2.00 0.00 X 0 0 0 SAHIL SAGAR TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN C SCHOTT TRUSTEE 2.00 0.00 X 0 0 0 DEBORA DEB SHOQUIST TRUSTEE 2.00 0.00 X 0 0 0 ROBERT BOB H SMITH TRUSTEE 2.00 0.00 X 0 0 0 TIMOTHY TIM SMITH TRUSTEE 2.00 0.00 X 0 0 0 THOMAS TOM SMOLICH TRUSTEE 2.00 0.00 X 0 0 0 MARY STEVENS TRUSTEE 2.00 0.00 X 0 0 0 JOHN TORREY TRUSTEE 2.00 0.00 X 0 0 0 JOHN P UNDERWOOD TRUSTEE 2.00 0.00 X 0 0 0 SUSAN VALERIOTE TRUSTEE 2.00 0.00 X 0 0 0 GREGORY GREG VAUGHAN TRUSTEE 2.00 0.00 X 0 0 0 PAUL H VU SJ TRUSTEE 2.00 0.00 X 0 0 0 AGNIESZKA WINKLER TRUSTEE 4.00 10.00 X 0 0 0 JOHN KERRIGAN - ASST TREAS CIO (OUTGOING 06/25) 40.00 0.00 X 1070532 0 59886 FRANK TESSIER - ASST TREAS CIO (INCOMING 02/25) 40.00 0.00 X 615631 0 21128 WILSON GARONE - TREASURER (AS OF 07/24), VP FINANCE & ADMIN 40.00 0.00 X 489250 0 55551 KELLY CAPEN DOUGLAS - SECRETARY (AS OF 07/24), GENERAL COUNSEL 40.00 3.00 X 437161 0 49934 MOLLY MCDONALD ASSISTANT SECRETARY, CHIEF OF STAFF 40.00 0.00 X 357127 0 79076 RAMONA SAUTER ASST. TREASURER, AVP FOR FINANCE 40.00 0.00 X 254946 0 41252 JAMES LYONS VP FOR UNIVERSITY RELATIONS 40.00 0.00 X 678467 0 65010 JAMES GLASER EXECUTIVE VICE PRESIDENT AND PROVOST 40.00 0.00 X 351277 0 21315 EVANGELINA BLANCO VP FOR ENROLLMENT MANAGEMENT 40.00 0.00 X 344950 0 47188 DANIEL PRESS DEAN, COLLEGE OF ARTS AND SCIENCES 40.00 0.00 X 337259 0 35656 ED RYAN - ACTING PROVOST VICE PROVOST FOR PLANNING & INST. 40.00 0.00 X 332388 0 25252 KATE MORRIS - FORMER ACTING PROVOST & VICE PROVOST FOR ACAD. AFF. 40.00 0.00 X 323513 0 56029 HERBERT SENDEK HEAD COACH, MEN'S BASKETBALL 40.00 0.00 X 970864 0 105857 RENEE BAUMGARTNER EXECUTIVE DIRECTOR, ATHLETICS 40.00 0.00 X 725817 0 60906 MICHAEL KAUFMAN DEAN, SCHOOL OF LAW 40.00 0.00 X 550613 0 41481 ED GRIER DEAN, SCHOOL OF BUSINESS 40.00 0.00 X 464892 0 40922 LISA KLOPPENBERG - PROF OF LAW DEAN EMER, SPEC ASST OF VP UNIV REL 40.00 0.00 X 457157 0 58754 JOHN OTTOBONI FORMER SR. COUNSEL & SPECIAL ADVISOR 40.00 0.00 X 204157 0 43501 10155083 0 931795 948 1 1 0 BON APPETIT - SANTA CLARA PO BOX 50196 LOS ANGELES CA 90074 DINING SERVICES 23206641 EVERSPRING INC 123 N WACKER DRIVE CHICAGO IL 60606 DIGITAL EDUCATIONAL SERVICES 5765993 ABLE BUILDING MAINTENANCE CO PO BOX 884651 LOS ANGELES CA 90088 FACILITIES MAINTENANCE 3943559 DEVCON CONSTRUCTION INC 690 GILBRATER DRIVE MILPITAS CA 95035 CONSTRUCTION 3747482 ASTRO TURF CORPORATION 2680 ABUTMENT ROAD SE DALTON CA 30721 ARTIFICIAL TURF REPLACEMENT AND INSTALLA 1953968 163 13500 1695476 2435575 2331385 51155511 8458899 57631447 TUITION FEES 525990 513480079 513480079 AUXILIARY ACTIVITIES 611710 55341214 55341214 FED GRANTS & CONTRACTS 900099 10770447 10770447 PROGRAM FEES 611710 7865423 7865423 PROGRAM SALES INCOME 611710 5079061 5079061 986037 986037 593522261 22677890 1339859 21338031 427059158 507083 383881113 0 43178045 507083 43685128 4907644 38777484 917958 1695476 2028042 -1110084 -1110084 GAIN ON DEFEASANCE OF DEBT 900099 9978364 9978364 9978364 726385006 592536224 7233540 68983795 93085 93085 157190644 157190644 8436131 1354453 6307200 774478 310519 310519 241912168 207770781 23339312 10802075 20703000 17373085 2391010 938905 45620965 37552256 6240883 1827826 16962314 14282774 1897284 782256 1511490 262194 1249296 451179 451179 2003 2003 4962354 4962354 35795907 31746507 3058454 990946 1034480 557864 461948 14668 22844725 19688621 2648837 507267 12334953 10929544 1402147 3262 8772217 8150264 279038 342915 15240633 9311721 4963524 965388 12973783 12547176 426607 52750156 49697018 3050400 2738 12011698 7516463 4481936 13299 IT SOFTWARE & MAINTENAN 6658295 4263204 2373670 21421 LIBRARY ACQUISITIONS 4902202 4902202 INDIRECT COSTS SPONSORE 3150473 3150473 DUES AND MEMBERSHIPS 1067378 682213 303706 81459 2734235 1876274 818818 39143 690426987 598058862 74260079 18108046 59830655 95311623 142796675 115008498 55529830 51414584 14041440 12173311 761405 1019820 862914 890838 1745869523 686731530 1082699698 1059137993 551935286 566946170 1055885332 1184101428 1700253 575025 29533006 31954820 2995576494 3118534110 67146880 74392620 24262935 25251763 297181455 272834456 214335738 224940669 602927008 597419508 X 1045186420 1078416850 1347463066 1442697752 2392649486 2521114602 2995576494 3118534110 X 35958019 90252526 44065 2210506 X 0 1 X 1 1 1 X 83963387 108513141 61501337 71582111 57631447 383191423 83963387 108513141 61501337 71582111 57631447 383191423 46634513 336556910 15618209 14040250 20785261 26063679 22677890 99185289 0 5566205 6956696 0 3745996 16268897 9978364 9978364 508623973 2586678756 0.66170 0.69900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 9,978,364. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2003 2003 0 PART II-B, LINE 1: SCU PAYS ANNUAL DUES TO MEMBERSHIP ORGANIZATIONS; A PORTION OF THE ANNUAL DUES ARE USED BY THE ORGANIZATIONS FOR LOBBYING ACTIVITIES. X X X 0 1500109304 22941807 151095119 24029203 32580433 7202299 1610334295 1424838443 28103797 111775494 21991662 30459768 12157000 1500109304 1417914424 33772541 26813826 19659993 26551355 7451000 1424838443 1480709489 46798394 -60558975 17124047 23637437 8273000 1417914424 995887403 13116787 518220847 16268598 22275950 7971000 1480709489 0.16100 0.27800 0.56100 1 0 30412979 89507792 119920771 10843030 1226589638 454858079 782574589 129232286 80737396 48494890 201915091 147513311 54401780 57368707 3622744 53745963 1059137993 HEDGE FUNDS 552056004 F VENTURE CAPITAL & PRIVATE EQUITY 546329309 F OTHER ALTERNATIVE INVESTMENTS 59669985 F PENDING TRADED 23096053 F NOTES RECEIVABLE 2950077 F 1184101428 AMOUNTS HELD ON BEHALF OF OTHERS 171031036 OBLIGATIONS UNDER CAPITALIZED LEASE 37863884 ANNUITY OBLIGATIONS 11552528 ASSET RETIREMENT OBLIGATION 3728440 REFUNDABLE ADVANCES - US GOVERNMENT 764781 224940669 665059836 90252526 44065 13615195 103911786 561148050 165236956 165236956 726385006 532339940 6996409 6996409 525343531 165083456 165083456 690426987 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. THE COLLECTIONS, WHICH HAVE BEEN ACQUIRED THROUGH CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION. PART III, LINE 4: THE UNIVERSITY MAINTAINS THE DE SAISSET MUSEUM FOR STUDENTS WHICH IS ALSO OPEN TO THE PUBLIC. THE DE SAISSET MUSEUM SUPPORTS SANTA CLARA UNIVERSITY'S GOAL OF EDUCATING THE WHOLE PERSON THROUGH A DIVERSE AND ACCESSIBLE RANGE OF EXHIBITIONS, COLLECTIONS, AND EDUCATIONAL PROGRAMS THAT HIGHLIGHT THE ART AND HISTORY OF THE SAN FRANCISCO BAY AREA AND THE LOCAL SANTA CLARA VALLEY. PART V, LINE 4: ENDOWED GIFTS ARE MEANT TO EXIST IN PERPETUITY, AND ARE INVESTED FOR LONG-TERM GROWTH. EACH YEAR, A PORTION OF THE FUND'S EARNINGS IS MADE AVAILABLE IN THE FORM OF AN ALLOCATION TO SUPPORT STUDENT SCHOLARSHIPS, FACULTY CHAIRS, AND OTHER ENDOWED PROGRAMS THAT FURTHER THE UNIVERSITY'S STRATEGIC PRIORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: JESUIT SCHOOL OF THEOLOGY REVENUE & INVESTMENT REALIZED GAINS 8,980,924. BRONCO BENCH FUND REVENUE 242,223. SPECIAL EVENT EXPENSE 2,028,042. ACTUARIAL CHANGES TO SPLIT INTEREST AGREEMENTS 2,364,006. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 4,962,354. STUDENT FINANCIAL AID 155,194,911. LOSS ON UNCOLLECTIBLE PLEDGES 153,500. ALLOWANCE FOR DOUBTFUL ACCOUNTS (PLEDGES)/OTHER ADJUSTMENTS 3,249,951. LOAN FUND EXPENSE 120,467. ANNUITY FUND EXPENSE 651,779. OTHER MANAGEMENT FEES 597,423. ENDOWMENT ASSOCIATED EXPENSES 306,571. PART XII, LINE 2D - OTHER ADJUSTMENTS: JESUIT SCHOOL OF THEOLOGY EXPENSES 4,789,772. BRONCO BENCH FUND STUDENT SERVICES EXPENSES 178,595. SPECIAL EVENT EXPENSE 2,028,042. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 4,962,354. STUDENT FINANCIAL AID 155,194,911. ALLOWANCE FOR DOUBTFUL ACCOUNTS (PLEDGES)/OTHER ADJUSTMENTS 3,249,951. LOAN FUND EXPENSE 120,467. ANNUITY FUND EXPENSE 651,779. OTHER MANAGEMENT FEES 597,423. ENDOWMENT ASSOCIATED EXPENSES 306,571. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY MEETS THE CRITERIA UNDER SUBSECTION 4.03.2(B) OF REVENUE PROCEDURE 1975-50. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES CONSISTS OF STUDENT FINANCIAL AID RECEIVED FROM SUCH AGENCIES. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 6611317 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 273296 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 10511 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 9200 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 408542041 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 30779697 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 21208348 0 0 0 0 0 0 467434410 0 467434410 1 0 1 1 1 0 GOLDEN CIRCLE 1855375 1667475 187900 569488 108353 812650 24011 KASNER SYMPOSIUM 407200 407200 93328 120298 107435 4 350859 28001 322858 371 39752 78492 7484 66380 2613434 1695476 917958 371 702568 307143 820134 197826 2028042 -1110084 1 ST CLARE PARISH 725 WASHINGTON STREET SANTA CLARA CA 95050 942734503 501(C)(3) 12443 0 DONATION FOR COMMUNITY SUPPORT HOOVER INSTITUTION 434 GALVEZ MALL STANFORD CA 94305 941156365 501(C)(3) 10000 0 DONATION FOR COMMUNITY SUPPORT CRISTO REY SAN JOSE HIGH SCHOOL 1389 E SANTA CLARA STREET SAN JOSE CA 95116 822530868 501(C)(3) 6000 0 DONATION FOR COMMUNITY SUPPORT 3 0 FINANCIAL AID AND SCHOLARSHIPS 6542 155194911 BOOK NA SCHOLARSHIPS & FELLOWSHIPS (FEDERAL WORK STUDY) 736 1501089 BOOK NA OTHER GRANTS TO STUDENTS 110 494643 BOOK NA PART I, LINE 2: THE UNIVERSITY PROVIDES GRANTS AND OTHER ASSISTANCE TO DOMESTIC CHARITABLE ORGANIZATIONS TO SUPPORT PROGRAMS AND ACTIVITIES IN LINE WITH OUR MISSION. SOME OF THESE DONATIONS ARE COLLECTED DURING MASS AT THE MISSION CHURCH AND THEN PROVIDED TO VARIOUS CHARITABLE ORGANIZATIONS. THE UNIVERSITY PROVIDES GRANTS FOR SCHOLARSHIPS, FELLOWSHIPS, AND STUDENT LOANS USING GUIDELINES ESTABLISHED BY THE ORGANIZATION'S BOARD OF TRUSTEES TO ENSURE THEY ARE MADE BASED ON NEED AND OR MERIT. SCU MAKES FINANCIAL AID GRANTS TO STUDENT ACCOUNT TO OFFSET AMOUNTS THAT STUDENTS OWE THE UNIVERSITY FOR TUITION AND FEES. X X X X 1 1 X X X X 1 0 0 0 0 0 0 1 0 JULIE SULLIVAN PRESIDENT 951727 0 234000 0 3355 0 0 0 23097 0 1212179 0 0 0 JOHN KERRIGAN - ASST TREAS CIO (OUTGOING 06/25) 575704 0 486723 0 8105 0 25008 0 34878 0 1130418 0 0 0 HERBERT SENDEK HEAD COACH, MEN'S BASKETBALL 900706 0 0 0 70158 0 30500 0 75357 0 1076721 0 0 0 RENEE BAUMGARTNER EXECUTIVE DIRECTOR, ATHLETICS 280344 0 53000 0 392473 0 30500 0 30406 0 786723 0 0 0 JAMES LYONS VP FOR UNIVERSITY RELATIONS 570205 0 75000 0 33262 0 30000 0 35010 0 743477 0 0 0 FRANK TESSIER - ASST TREAS CIO (INCOMING 02/25) 374260 0 241349 0 22 0 0 0 21128 0 636759 0 0 0 MICHAEL KAUFMAN DEAN, SCHOOL OF LAW 521201 0 0 0 29412 0 0 0 41481 0 592094 0 0 0 WILSON GARONE - TREASURER (AS OF 07/24), VP FINANCE & ADMIN 425989 0 0 0 63261 0 0 0 55551 0 544801 0 0 0 LISA KLOPPENBERG - PROF OF LAW DEAN EMER, SPEC ASST OF VP UNIV REL 429017 0 0 0 28140 0 27600 0 31154 0 515911 0 0 0 ED GRIER DEAN, SCHOOL OF BUSINESS 428587 0 0 0 36305 0 0 0 40922 0 505814 0 0 0 KELLY CAPEN DOUGLAS - SECRETARY (AS OF 07/24), GENERAL COUNSEL 369258 0 0 0 67903 0 30500 0 19434 0 487095 0 0 0 MOLLY MCDONALD ASSISTANT SECRETARY, CHIEF OF STAFF 348132 0 0 0 8995 0 24000 0 55076 0 436203 0 0 0 EVANGELINA BLANCO VP FOR ENROLLMENT MANAGEMENT 309629 0 0 0 35321 0 22152 0 25036 0 392138 0 0 0 KATE MORRIS - FORMER ACTING PROVOST & VICE PROVOST FOR ACAD. AFF 323410 0 0 0 103 0 27295 0 28734 0 379542 0 0 0 DANIEL PRESS DEAN, COLLEGE OF ARTS AND SCIENCES 308614 0 0 0 28645 0 30500 0 5156 0 372915 0 0 0 JAMES GLASER EXECUTIVE VICE PRESIDENT AND PROVOST 274595 0 0 0 76682 0 13180 0 8135 0 372592 0 0 0 ED RYAN - ACTING PROVOST VICE PROVOST FOR PLANNING & INST. 280525 0 0 0 51863 0 9600 0 15652 0 357640 0 0 0 RAMONA SAUTER ASST. TREASURER, AVP FOR FINANCE 254843 0 0 0 103 0 22529 0 18723 0 296198 0 0 0 JOHN OTTOBONI FORMER SR. COUNSEL & SPECIAL ADVISOR 194888 0 0 0 9269 0 23000 0 20501 0 247658 0 0 0 PART I, LINE 1A THE UNIVERSITY PROVIDED FIRST-CLASS TRAVEL TO EMPLOYEES FOR INTERNATIONAL TRAVEL IN ACCORDANCE WITH OUR POLICY. NO PORTION IS TAXABLE TO THE EMPLOYEE. THE UNIVERSITY ALSO PROVIDED GOLF MEMBERSHIPS TO INDIVIDUALS WHO HAVE RESPONSIBILITY FOR FUNDRAISING. THERE IS NO WRITTEN POLICY REGARDING GOLF MEMBERSHIPS. THE UNIVERSITY HAS PROCEDURES IN PLACE TO ENSURE THAT NO PERSONAL CHARGES ARE REIMBURSED AND NO PORTION IS TAXABLE TO THE EMPLOYEE. RENTAL/HOUSING ASSISTANCE MAY BE PROVIDED IN ACCORDANCE WITH UNIVERSITY COMPENSATION POLICIES, AND IS CONSIDERED TAXABLE INCOME. SUCH ASSISTANCE MAY BE PROVIDED IN THE FORM OF UNIVERSITY FUND PROMISSORY NOTES (SEE SCHEDULE L FOR FURTHER DETAIL), AND THESE AMOUNTS ARE CONSIDERED TAXABLE INCOME. PART I, LINE 4A RENEE BAUMGARTNER RECEIVED SEVERANCE PAYMENTS OF $305,445 IN 2024 AND $305,445 IN 2025. THIS SEVERANCE IS SUBJECT TO AN AGREEMENT BETWEEN THE UNIVERSITY AND THE EMPLOYEE, DETAILS WILL BE PROVIDED TO THE IRS UPON REQUEST. PART I, LINE 7 VARIOUS UNIVERSITY EMPLOYEES INCLUDED ON SCHEDULE J RECEIVED BONUS PAYMENTS FOR THEIR SERVICES AND PERFORMANCE DURING THE FISCAL YEAR. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179WE0 2025-01-23 85593682 SEE PART VI 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2019-06-12 4875127 SEE PART VI 0 0 0 C CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179NF7 2017-08-10 63096951 SEE PART VI 0 0 0 D CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179JX3 2017-08-10 30404213 SEE PART VI 0 0 0 A 85593862 610131 84923158 61573 1 0 1 1 B 4000000 4875127 45127 4830000 2019 0 1 1 1 C 4135000 64097826 3221316 426308 60439062 11139 0 0 1 1 D 3740000 31399697 146330 31249613 3755 0 1 1 1 A 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 B 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 1 0 0 0 0 0 1 B 0 1 1 0 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 COLUMN A: PART I (F) THE BONDS WERE ISSUED TO REFUND, ON A CURRENT BASIS, THE AUTHORITY'S REVENUE BONDS (SANTA CLARA UNIVERSITY) SERIES 2015, WHICH WERE ORIGINALLY ISSUED ON AUGUST 28, 2015. COLUMN A: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN A: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN B: PART I (F) - THE PROCEEDS OF THIS BOND ISSUE WERE USED TO REFINANCE THE BORROWER'S TAXABLE LOAN (ISSUED 6/25/2014). COLUMN B: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN B: PART IV, LINE 2(B) - THE CURRENT REFUNDING PORTION OF BONDS HAS MET THE 6-MONTH EXCEPTION TO REBATE. COLUMN B: PART 4, LINE 2C - NO REBATE COMPUTATION WAS PERFORMED FOR THE SERIES 2019 BECAUSE ALL FUNDS WERE SPENT ON THE ISSUE DATE. COLUMN C: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN C: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN C: PART 4, LINE 2C - THE REBATE COMPUTATION FOR 2017C WAS COMPLETED BY BLX GROUP LLC ON MARCH 8, 2023 AND NO REBATE WAS DUE AT THAT TIME. COLUMN D: PART I(F) - THE PROCEEDS OF THE BOND ISSUE WERE USED TO REFUND A PORTION OF THE BORROWER'S SERIES 2010 (ISSUED 9/15/2010). COLUMN D: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN D: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN D: PART 4, LINE 2C - THE REBATE COMPUTATION FOR SERIES 2017B WAS COMPLETED BY BLX GROUP LLC ON AUGUST 25, 2022 AND NO REBATE WAS DUE AT THAT TIME. WILSON GARONE OFFICER NOTE RECEIVABLE FOR HOUSING X 250000 154022 0 0 1 EVANGELINA BLANCO KEY EMPLOYEE NOTE RECEIVABLE FOR HOUSING X 250000 161218 0 0 1 DANIEL PRESS KEY EMPLOYEE NOTE RECEIVABLE FOR HOUSING X 250000 143607 0 0 1 JIM LYONS KEY EMPLOYEE NOTE RECEIVABLE FOR HOUSING X 250000 148189 0 0 1 JAMES GLASER OFFICER NOTE RECEIVABLE FOR HOUSING X 500000 412784 0 0 1 1019820 MICHAEL BOWES FAMILY MEMBER OF STEVE SCHOTT, TRUSTEE 87678 EMPLOYMENT 0 RICHARD LANDOWSKI FAMILY MEMBER OF DANIEL PRESS, KEY EMPLOYEE 57225 EMPLOYMENT 0 X 3 36102 APPRAISAL X 72 2863123 AVERAGE MKT VALUE X 1 5175000 APPRAISAL X EQUIPMENT 11 343486 FMV X MISC SUPPLIES 23 41189 FMV 1 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTION PART I, LINE 32B: THE UNIVERSITY USES STOCK BROKERS TO SELL DONATED SECURITIES AND REAL ESTATE BROKERS TO SELL DONATED REAL ESTATE. FORM 990, PART III, LINE 1: SANTA CLARA UNIVERSITY IS A CATHOLIC AND JESUIT INSTITUTION THAT MAKES STUDENT LEARNING ITS CENTRAL FOCUS, PROMOTES FACULTY AND STAFF LEARNING IN ITS VARIOUS FORMS, AND EXHIBITS ORGANIZATIONAL LEARNING. STUDENT LEARNING TAKES PLACE AT THE UNDERGRADUATE AND GRADUATE LEVEL IN AN EDUCATIONAL ENVIRONMENT THAT INTEGRATES RIGOROUS INQUIRY AND SCHOLARSHIP, CREATIVE IMAGINATION, REFLECTIVE ENGAGEMENT WITH SOCIETY, AND A COMMITMENT TO FASHIONING A MORE HUMANE AND JUST WORLD. AS AN ACADEMIC COMMUNITY, WE EXPAND THE BOUNDARIES OF KNOWLEDGE AND INSIGHT THROUGH TEACHING, RESEARCH, ARTISTIC EXPRESSION, AND OTHER FORMS OF SCHOLARSHIP. IT IS PRIMARILY THROUGH DISCOVERING, COMMUNICATING, AND APPLYING KNOWLEDGE THAT WE EXERCISE OUR INSTITUTIONAL RESPONSIBILITY AS A VOICE OF REASON AND CONSCIENCE IN SOCIETY, WE OFFER CHALLENGING ACADEMIC PROGRAMS AND DEMONSTRATE A COMMITMENT TO THE DEVELOPMENT OF: 1) UNDERGRADUATE STUDENTS WHO SEEK AN EDUCATION WITH A STRONG HUMANISTIC ORIENTATION IN A PRIMARILY RESIDENTIAL SETTING. 2) GRADUATE STUDENTS, MANY OF THEM WORKING PROFESSIONALS IN SILICON VALLEY, WHO SEEK ADVANCED DEGREE PROGRAMS THAT PREPARE THEM TO MAKE SIGNIFICANT CONTRIBUTIONS TO THEIR FIELDS. IN ADDITION TO THESE CORE PROGRAMS, WE ALSO PROVIDE A VARIETY OF CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR NON-MATRICULATED STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE ORGANIZATION'S CONTROLLER'S OFFICE WORKED CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGED TO PREPARE THE RETURN. INFORMATION FOR THE RETURN WAS ALSO OBTAINED THROUGH DISCUSSIONS WITH SENIOR ADMINISTRATION AND THE GENERAL COUNSEL. THE AUDIT AND RISK OVERSIGHT COMMITTEE ALSO MET WITH THE CONTROLLER'S OFFICE AND THE ACCOUNTING FIRM HIRED TO PREPARE THE FORM 990 AND THE RETURN WAS ACCEPTED. THE FINAL DRAFT WAS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES HAS A CONFLICT OF INTEREST POLICY AS PART OF THE BYLAWS. THE ASSISTANT TREASURER IS RESPONSIBLE FOR MONITORING POTENTIAL CONFLICT OF INTEREST. ANNUALLY, A QUESTIONNAIRE IS SENT TO THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES ASKING FOR ANY POSSIBLE BUSINESS OR PERSONAL CONNECTION TO THE ORGANIZATION THAT MAY CAUSE A POTENTIAL CONFLICT. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE PRESIDENT AND BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED; (5) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE AUTHORITY TO REVIEW AND DETERMINE THE PRESIDENT'S COMPENSATION. DISCUSSIONS OF THE PRESIDENT'S COMPENSATION WERE DOCUMENTED IN THE MINUTES OF MEETINGS OF THE EXECUTIVE COMMITTEE. THE COMPENSATION OF THE PROVOST AND VICE PRESIDENTS ARE DETERMINED BY THE PRESIDENT. OTHER KEY EMPLOYEES' COMPENSATION IS DETERMINED BY THE RESPECTIVE VICE PRESIDENT OR PROVOST. IN ALL CASES, COMPARABLE DATA FROM SIMILAR ORGANIZATIONS AND POSITIONS WERE USED TO DETERMINE COMPENSATION LEVELS. THIS INFORMATION COMES FROM INDEPENDENT SURVEY DATA. EACH EMPLOYEE'S COMPENSATION IS DOCUMENTED IN THEIR RESPECTIVE PERSONNEL FILES AND THEY ARE PERSONALLY NOTIFIED OF ANY CHANGES IN COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: ACTUARIAL CHANGES TO SPLIT INTEREST AGREEMENTS 2,364,006. LOSS ON UNCOLLECTIBLE PLEDGES -153,500. ADOBE MANAGEMENT A LLC 500 EL CAMINO REAL SANTA CLARA CA 95053 811570359 INVESTING PURPOSES DE 0 3803318 SANTA CLARA UNIVERSITY BRONCO BENCH FOUNDATION SANTA CLARA UNIVERSITY SANTA CLARA CA 95053 946121957 FUNDRAISING CA 501(C)(3) LINE 12B, II PRESIDENT-BOARD OF TRUSTEE SANTA CLARA COLLEGE 1 JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA 1735 LE ROY AVE BERKELEY CA 94709 941156462 EDUCATION CA 501(C)(3) LINE 1 PRESIDENT-BOARD OF TRUSTEE SANTA CLARA COLLEGE 1 WEST COAST CONFERENCE 1111 BAYHILL DRIVE STE 405 SAN BRUNO CA 94066 237286818 COLLEGIATE ATHLETICS CA 501(C)(3) LINE 12A, I N/A 0 MAKENA STRATEGIC OPPORTUNITIES FUND - KH LP 2755 SAND HILL ROAD SUITE 200 MENLO PARK CA 94025 812032432 INVESTING PURPOSES DE SANTA CLARA UNIVERSITY REVENUE EXCLUDED 13948325 24290080 0 296136 0 0.73170 CONVERSANT MK HOLDINGS FUND TE LP 25 DEFOREST AVENUE 3RD FLOOR SUMMIT NJ 07901 993513022 INVESTING PURPOSES DE SANTA CLARA UNIVERSITY REVENUE EXCLUDED -30212 289695 0 0 0.58980 CHARITABLE REMAINDER TRUST (25) HOLDINGS CA N/A T 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 1 0 BRONCO BENCH FOUNDATION C 2435575 FMV JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA D 26733208 FMV JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA R 1277333 FMV