2024-05-15T12:02:33-05:00 2023-06-30 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2022-07-01 956196006 CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION CALI 8186774657 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 IRA UNTERMAN CFO/SECRETARY 8186774657 2024-05-15 1 IRA UNTERMAN 999009999 1 JOLANTA TUCK CPA P01340068 9164429100 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NICHOLE IPACH 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 84695905 0 X WWW.CSUN.EDU/FOUNDATION X 1995 CA SUPPORT AND ENHANCE THE VISION, MISSION, AND VALUES OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. 33 26 0 50 0 0 44968926 18592074 1235750 1403038 7614377 7096986 91985 116070 53911038 27208168 3125388 5297708 0 0 3840639 0 0 0 994378 7911511 16359734 14877538 21657442 39033500 5550726 308403163 333939822 690220 1329633 307712943 332610189 THE ORGANIZATION'S MISSION IS TO SUPPORT AND ENHANCE THE VISION, MISSION AND VALUES OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE BY RAISING, INVESTING, AND MANAGING PRIVATE PHILANTHROPIC GIFTS TO BENEFIT THE UNIVERSITY. 0 0 18591718 5297708 1523715 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE FOUNDATION (THE FOUNDATION) SERVES AS AN AUXILIARY ORGANIZATION TO CALIFORNIA STATE UNIVERSITY, NORTHRIDGE WITH A GOAL OF FURTHERING THE PURPOSES AND OBJECTIVES OF THE UNIVERSITY. THE FOUNDATION'S MAIN FUNCTION IS TO ADMINISTER THE RECEIPT AND DISBURSEMENT OF GIFTS, GRANTS, BEQUESTS, AND TRUSTS FROM VARIOUS DONORS TO DIFFERENT DEPARTMENTS OF THE UNIVERSITY. THE FOUNDATION ALSO ASSISTS THE UNIVERSITY IN VARIOUS ACTIVITIES, INCLUDING ACCUMULATION AND MANAGING OF LIFE INCOME, ANNUITY AND STUDENT SCHOLARSHIP FUNDS, AND ADMINISTERING FUNDS FOR VARIOUS EDUCATIONAL RELATED FUNCTIONS, SPECIAL PROGRAMS, AND OTHER ACTIVITIES. 18591718 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 206 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 33 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X IRA N UNTERMAN CFOSECRETARY 8186774657 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 ERIKA D BECK DIRECTOR 3.00 37.00 X 0 489320 71945 MARY BETH WALKER DIRECTOR (UNTIL 12/22) 1.00 39.00 X 0 326292 64969 COLIN J DONAHUE DIRECTOR 2.00 38.00 X 0 295486 114911 NICHOLE IPACH PRESIDENT 10.00 30.00 X X 0 259419 88956 MICHAEL G NEUBAUER DIRECTOR (FACULTY REPRESENTATIVE) 1.00 39.00 X 0 170124 72088 IRA N UNTERMAN CHIEF FINANCIAL OFFICER/SECRETARY 15.00 25.00 X X 0 164298 78307 WENDY J GREUEL DIRECTOR 2.00 18.00 X 0 120000 0 ROBERT D TAYLOR BOARD CHAIR 3.00 X X 0 0 0 ROBERT M MYMAN IMMEDIATE PAST CHAIR 2.00 X 0 0 0 ALAN I ABRAMSON DIRECTOR 1.00 X 0 0 0 HONEY K AMADO DIRECTOR 1.00 X 0 0 0 KAREN I BOYD DIRECTOR 1.00 X 0 0 0 FELICIA S CONLAN DIRECTOR 1.00 X 0 0 0 LESLIE S CUTLER DIRECTOR 1.00 X 0 0 0 DENNIS J DEYOUNG DIRECTOR 2.00 X 0 0 0 JOHN J HARRIS DIRECTOR 1.00 X 0 0 0 RUTH A HARRIS DIRECTOR 2.00 X 0 0 0 PAUL S JENNINGS DIRECTOR 1.00 X 0 0 0 MEERA KOMARRAJU DIRECTOR 1.00 X 0 0 0 GEORGE S LEIS DIRECTOR 2.00 X 0 0 0 BARBARA G LEVY DIRECTOR 1.00 X 0 0 0 PATRICIA A MALONEY DIRECTOR 1.00 X 0 0 0 DIANE S MANZELLA DIRECTOR 1.00 X 0 0 0 SHAYAN MOSHTAEL DIRECTOR (STUDENT REPRESENTATIVE) 1.00 18.00 X 0 0 0 PRISCILLA A MOYER DIRECTOR 1.00 X 0 0 0 KAITLYN N OROZCO DIRECTOR (STUDENT REPRESENTATIVE) 1.00 18.00 X 0 0 0 CARSON E SCHREIBER DIRECTOR 1.00 X 0 0 0 RICHARD H SCHWEITZER DIRECTOR 2.00 X 0 0 0 JOHN N SINNEMA DIRECTOR 2.00 X 0 0 0 MILTON G VALERA DIRECTOR 1.00 X 0 0 0 STUART T WALDMAN DIRECTOR 1.00 X 0 0 0 KEITH E WEAVER DIRECTOR 1.00 X 0 0 0 SCOTT J WEISS DIRECTOR (UNTIL 3/23) 1.00 X 0 0 0 IRVING ZAKHEIM DIRECTOR 1.00 X 0 0 0 SUSANA M ZIARATI DIRECTOR 1.00 X 0 0 0 RAVI K SAWHNEY DIRECTOR (UNTIL 2/23) 1.00 X 0 0 0 0 1824939 491176 0 0 1 0 GOLDMAN SACHS 10100 SANTA MONICA BLVD 26TH FLOOR LOS ANGELES CA 90067 INVESTMENT MANAGEMENT 814321 BIRDSALL VOSS & ASSOCIATES INC 250 WEST COVENTRY CT STE 300 MILWAUKEE WI 53217 ADVERTISING SERVICES 170000 2 15030 153480 18423564 2752773 18592074 PROGRAM INCOME 900099 1403038 1403038 1403038 5510183 5510183 58904232 57317429 1586803 1586803 1586803 101465 153480 170308 -68843 -68843 GAIN ON DISPOSAL OF FIXED ASSETS 900099 64236 64236 120677 120677 184913 27208168 1523715 0 7092379 X 5115977 5115977 181731 181731 4510 3528 226 756 68904 53907 3456 11541 816540 816540 8348589 6927820 734100 686669 176960 175582 1378 744445 559235 131786 53424 504841 400010 29815 75016 443604 432268 5736 5600 PROGRAM COSTS 2256624 2230816 22933 2875 HOSPITALITY 1460564 1244693 62577 153294 CONTRIBUTED GOODS EXPEN 796021 796021 DUES & SUBSCRIPTIONS 303173 285360 14690 3123 434959 184770 248109 2080 21657442 18591718 2071346 994378 17616851 28729323 4724674 4784581 39912981 25984027 90472 61623 372753 554732 214625373 241004877 26990837 29005239 4069222 3815420 308403163 333939822 579585 1195749 110635 133884 690220 1329633 X 80205959 85619547 227506984 246990642 307712943 332610189 308403163 333939822 5550726 19346520 0 X 0 1 X 1 0 X 15506125 14361871 65313565 44968926 18592074 158742561 15506125 14361871 65313565 44968926 18592074 158742561 27990713 130751848 4346045 4883991 3733946 8140252 5510183 26614417 7227 7227 187890 143169 71057 120000 184913 707029 186071234 4557470 0.70270 0.67150 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 187,890. 2019 AMOUNT: $ 143,169. 2020 AMOUNT: $ 71,057. 2021 AMOUNT: $ 120,000. 2022 AMOUNT: $ 120,677. GAIN ON DISPOSAL OF FIXED ASSETS - 2022 AMOUNT: $ 64,236. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 2673052 X X X 0 188815711 1354415 21841280 5333975 206677431 163517427 5948289 23827096 4477101 188815711 129849676 13083952 24662954 4079155 163517427 126227225 6571246 1422184 4370979 129849676 118059370 5801173 6611749 4245067 126227225 0.20930 0.56330 0.22740 0 0 0 LIMITED PARTNERSHIPS 29005239 F 29005239 DUE TO RELATED PARTIES 133884 133884 X 45908456 19346520 170308 19516828 26391628 816540 816540 27208168 21011210 170308 170308 20840902 816540 816540 21657442 PART III, LINE 4: THE FOUNDATION'S COLLECTIONS ARE MADE UP OF ART AND ARTIFACTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES, FURTHERING THE PURPOSES AND OBJECTIVES OF THE UNIVERSITY. PART V, LINE 4: ENDOWMENTS ARE USED FOR SCHOLARSHIPS AND ACADEMIC AND UNIVERSITY SUPPORT AS SPECIFIED BY THE DONORS. PART X, LINE 2: THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2023. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR FISCAL YEARS 2022, 2021 AND 2020, REMAIN OPEN. THE FOUNDATION'S STATE INCOME TAX RETURNS FOR FISCAL YEARS 2022, 2021, 2020, AND 2019 REMAIN OPEN. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES RECLASSED TO REVENUE 170,308. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES RECLASSED TO REVENUE 170,308. CONSTRUCTION MGMT GOLF CLASSIC 170250 101985 68265 600 27584 15235 23134 33643 MMC DONOR CELEBRATION 57455 40655 16800 11333 6647 8100 24868 1 27240 10840 16400 8250 9017 1897 254945 153480 101465 600 27584 34818 38798 8100 60408 170308 -68843 1 CALIFORNIA STATE UNIVERSITY NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 501(C)(3) 4603748 512229 FMV TANGIBLE PROPERTY SCHOLARSHIPS, STUDENT ASSISTANCE, AND OTHER OPERATING EXPENSES 1 0 RECOGNITION AWARDS 108 181731 PART I, LINE 2: THE GRANTS PAID TO CALIFORNIA STATE UNIVERSITY, NORTHRIDGE ("THE UNIVERSITY") AND TO INDIVIDUALS ARE SCHOLARSHIPS FOR STUDENTS. THE SCHOLARSHIPS ARE AWARDED ON A COMPETITIVE BASIS AND, IN MOST CASES, DO NOT NEED TO BE REPAID. THE SCHOLARSHIPS CAN BE BASED UPON ACADEMIC ACHIEVEMENT, TALENT, NEED, OR OTHER DONOR INTERESTS, SUCH AS A STUDENT'S MAJOR AND GOALS. THE FINANCIAL AID DEPARTMENT OF THE UNIVERSITY MAINTAINS RECORDS ON ELIGIBILITY OF SCHOLARSHIPS. SCHOLARSHIPS PAID TO STUDENTS DIRECTLY BY THE FOUNDATION ARE COORDINATED WITH THE UNIVERSITY AND REPORTED TO THE FINANCIAL AID DEPARTMENT. 0 0 0 0 0 0 0 0 0 ERIKA D BECK DIRECTOR 0 421768 0 55000 0 12552 0 39439 0 32506 0 561265 0 0 MARY BETH WALKER DIRECTOR (UNTIL 12/22) 0 304030 0 21500 0 762 0 39439 0 25530 0 391261 0 0 COLIN J DONAHUE DIRECTOR 0 291728 0 3500 0 258 0 88931 0 25980 0 410397 0 0 NICHOLE IPACH PRESIDENT 0 246864 0 3500 0 9055 0 75968 0 12988 0 348375 0 0 MICHAEL G NEUBAUER DIRECTOR (FACULTY REPRESENTATIVE) 0 166624 0 3500 0 0 0 44797 0 27291 0 242212 0 0 IRA N UNTERMAN CHIEF FINANCIAL OFFICER/SECRETARY 0 160540 0 3500 0 258 0 49898 0 28409 0 242605 0 0 PART I, LINE 3 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE, A RELATED ORGANIZATION, ESTABLISHES COMPENSATION FOR ANY INDIVIDUALS COMPENSATED BY A RELATED ORGANIZATION ON PART VII FOR CALENDAR YEAR 2022. THIS RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: THE COMPENSATION OF THE FACULTY AND STAFF ARE DETERMINED BY POLICIES AND PROCEDURES APPROVED BY THE TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY, NORTHRIDGE AND IMPLEMENTED AT THE CAMPUS UNDER THE DIRECTION OF THE PRESIDENT OF THE UNIVERSITY, WHO IS A MEMBER OF THE BOARD. THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. X 1 1 FMV X 4831 FMV X 1210 FMV X 56 70520 FMV X 24 1886232 FMV X 4 446652 FMV X ACADEMIC SUPPLIES 20 310577 FMV X AUCTION ITEMS 172 26650 FMV X EVENT SUPPLIES 8 6100 FMV 2 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). PART I, LINE 32B: THE ORGANIZATION UTILIZES A THIRD PARTY FOR DONATIONS OF VEHICLES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE MEMBERS OF THE AUDIT COMMITTEE. THE TAX RETURN IS ALSO DISTRIBUTED IN ITS ENTIRETY TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE REVIEW OF THE ANNUAL CONFLICT OF INTEREST STATEMENTS. IN THIS CAPACITY, ANY CONFLICT WOULD BE INVESTIGATED, DISCUSSED, AND REVIEWED FOR REFERRAL TO THE EXECUTIVE COMMITTEE. ANY MEMBER OF THE BOARD WITH A CONFLICT IS EXPECTED TO RECUSE THEMSELVES FROM ANY DECISIONS IN WHICH THE CONFLICT IS APPARENT. CONFLICTS ARE ALSO MONITORED AND DISCLOSED AT THE COMMITTEE LEVEL AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE ESTABLISHED AND MAINTAINS THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL. COMPENSATION IS DETERMINED BY CAMPUS OFFICE OF HUMAN RESOURCES USING CALIFORNIA STATE UNIVERSITY APPROVED METHODOLOGIES FOR DETERMINING COMPARABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAINTAINS A WEBSITE AT WHICH INDIVIDUALS CAN ACCESS COPIES OF PERTINENT DOCUMENTS RELATED TO THE OPERATION OF THE FOUNDATION, INCLUDING FINANCIAL STATEMENTS, AUDIT REPORTS, AND TAX RETURNS. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,579,806. MANAGEMENT AND GENERAL EXPENSES 112,920. FUNDRAISING EXPENSES 377,128. TOTAL EXPENSES 2,069,854. MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 5,234,385. MANAGEMENT AND GENERAL EXPENSES 613,896. FUNDRAISING EXPENSES 285,214. TOTAL EXPENSES 6,133,495. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 113,629. MANAGEMENT AND GENERAL EXPENSES 7,284. FUNDRAISING EXPENSES 24,327. TOTAL EXPENSES 145,240. CALIFORNIA STATE UNIVERSITY NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 ACCREDITED PUBLIC UNIVERSITY CA 115 N/A N/A 0 NORTH CAMPUS - UNIVERSITY PARK DEVELOPMENT CORPORATION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954115921 RENTAL INCOME AND LICENSING FEES FROM NORTH CAMPUS FACILITIES CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 ASSOCIATED STUDENTS INC 18111 NORDHOFF STREET NORTHRIDGE CA 91330 951992734 SUPPORTING ORGANIZATION FOR CALIFORNIA STATE UNIVERSITY, NORTHRIDGE CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 UNIVERSITY STUDENT UNION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 237321859 EXPANDS THE COLLEGE EXPERIENCE THROUGH VARIOUS PROGRAMS AND SERVICES CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 THE UNIVERSITY CORPORATION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 951992732 SUPPORTING ORGANIZATION FOR CALIFORNIA STATE UNIVERSITY, NORTHRIDGE CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 1 1 1 0 0