2024-04-26T16:45:13-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-07-01 946128893 CAL STATE EAST BAY EDUCATIONAL FOUNDATION CALS 5108853834 25800 CARLOS BEE BLVD SA 2750 HAYWARD CA 94542 MYESHIA ARMSTRONG TREASURER 5108853834 2024-04-19 1 MYESHIA ARMSTRONG XXX-XX-XXXX 1 KURT BENNION CPA P01469618 4252506100 2024-04-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EVELYN BUCHANAN 25800 CARLOS BEE BLVD SA 2750 HAYWARD CA 94542 26109071 0 X WWW.CSUEASTBAY.EDU/GIVING/INDEX.HTML X 1963 CA MANAGE RESTRICTED AND UNRESTRICTED GIFTS BENEFITING CALIFORNIA STATE UNIVERSITY EAST BAY. 31 24 0 31 0 0 8575334 19351043 260250 263025 1948978 50073 0 0 10784562 19664141 2169914 2577536 0 0 0 0 0 0 0 436716 466340 2606630 3043876 8177932 16620265 26843433 44917291 12393 31049 26831040 44886242 TO ACCEPT AND MANAGE RESTRICTED AND UNRESTRICTED GIFTS BENEFITING CALIFORNIA STATE UNIVERSITY EAST BAY. ADDITIONALLY, THE TRUSTEES SUPPORT THE UNIVERSITY THROUGH ADVOCACY, DEVELOPMENT, PERSONAL CONTRIBUTIONS AND COUNSEL TO THE UNIVERSITY'S ADVANCEMENT PROGRAM. 0 0 2577536 2577536 263025 THE EDUCATIONAL FOUNDATION RECEIVES GIFTS FOR SCHOLARSHIPS AND FINANCIAL ASSISTANCE AND TRANSFERS THEM TO THE UNIVERSITY FOR DISTRIBUTION TO STUDENTS. THE UNIVERSITY AND NOT THE EDUCATIONAL FOUNDATION SELECTS THE RECIPIENTS. THE FOUNDATION ALSO RECEIVES RESTRICTED CONTRIBUTIONS EARMARKED FOR SPECIFIC COLLEGES AND DEPARTMENTS OF THE UNIVERSITY. IN KEEPING WITH THE WISHES OF THE DONORS, THE FOUNDATION PASSES THESE FUNDS TO THE RECIPIENT DEPARTMENTS AS UNIVERSITY SUPPORT. 2577536 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 24 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X JOSEPHINE CAPIRAL 5108857450 25800 CARLOS BEE BLVD SA 2750 HAYWARD CA 94542 X EVELYN BUCHANAN PRESIDENT & CSU EAST BAY VP 7.00 X X 0 0 0 BETTE FELTON CHAIR 5.00 X X 0 0 0 JOHAN KLEHS VICE CHAIR 2.00 X X 0 0 0 MYESHIA ARMSTRONG TREASURER & CSU EAST BAY VP/CFO 2.00 X X 0 0 0 JAMES SONGEY SECRETARY 2.00 X X 0 0 0 JACK ACOSTA TRUSTEE 2.00 X 0 0 0 ASHMITA AHLUWALIA STUDENT TRUSTEE (ASI PRESIDENT) 2.00 X 0 0 0 RUTH BLEY TRUSTEE 2.00 X 0 0 0 RICHARD CARSON TRUSTEE 2.00 X 0 0 0 MICHAEL COKE TRUSTEE 2.00 X 0 0 0 RANDALL DAVIS TRUSTEE 2.00 X 0 0 0 PATRICK DEVINE IMMEDIATE PAST CHAIR 2.00 X 0 0 0 EVELYN DILSAVER TRUSTEE 2.00 X 0 0 0 JAMES HANNAN TRUSTEE 2.00 X 0 0 0 DR DEREK JACKSON-KIMBALL FACULTY TRUSTEE 2.00 X 0 0 0 WALT JACOBS TRUSTEE CSU EAST BAY PROVOST & VP 2.00 X 0 0 0 KUMAR MALAVALLI TRUSTEE 2.00 X 0 0 0 LOUIS MIRAMONTES TRUSTEE 2.00 X 0 0 0 NITU NANDA TRUSTEE 2.00 X 0 0 0 CHERRIE NANNINGA TRUSTEE 2.00 X 0 0 0 JANET OWEN TRUSTEE 2.00 X 0 0 0 MARVIN REMMICH TRUSTEE 2.00 X 0 0 0 LINDA RENTERIA TRUSTEE 2.00 X 0 0 0 ROSIE RIOS TRUSTEE 2.00 X 0 0 0 MICHELLE RIPPY ALUMNI TRUSTEE 2.00 X 0 0 0 CATHY SANDEEN TRUSTEE & CSU EAST BAY PRESIDENT 2.00 X 0 0 0 AMY SCHIOLDAGER TRUSTEE 2.00 X 0 0 0 ROBERT SCRIBNER TRUSTEE 2.00 X 0 0 0 RICHARD SHERRATT TRUSTEE 2.00 X 0 0 0 GARY WALLACE TRUSTEE 2.00 X 0 0 0 ALLEN WARREN TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 MORGAN STANLEY 1333 N CALIFORNIA BLVD STE 133 WALNUT CREEK CA 94596 INVESTMENT MANAGEMENT 117684 1 19351043 484104 19351043 OTHER OPERATING REVENUE 900099 263025 263025 263025 460807 460807 6034196 6444930 -410734 -410734 -410734 19664141 263025 0 50073 2577536 2577536 18955 18955 316408 316408 98741 98741 19453 19453 285 285 4042 4042 6435 6435 MEMBERSHIP DUES 2021 2021 3043876 2577536 466340 0 4026253 9184406 1035171 1918190 3106036 13648225 357605 371804 112000 112000 0 0 14510391 15398289 3807977 4396377 26843433 44917291 12393 31049 12393 31049 X 722585 836139 26108455 44050103 26831040 44886242 26843433 44917291 16620265 1434937 0 X X 0 1 X 1 0 X 2465762 2408553 2881734 8575334 19351043 35682426 2465762 2408553 2881734 8575334 19351043 35682426 7484698 28197728 429449 443074 393465 491465 460807 2218260 37900686 1197626 0.74400 0.66180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 604969 43523 32350 616142 0 22543519 7123897 1168602 769860 22671 461 30043026 20765213 5098862 -2606958 711983 1615 22543519 16921044 740437 3806841 701273 1836 20765213 17849630 983653 -1232948 678268 1023 16921044 17090643 1206565 175481 620009 3050 17849630 0.06150 0.50750 0.43100 1 0 112000 112000 0 0 MUTUAL FUNDS 2852713 F ALTERNATIVE INVESTMENTS 1543664 F 4396377 X 20782670 1434937 1434937 19347733 316408 316408 19664141 2727468 0 2727468 316408 316408 3043876 PART IV, LINE 1B: THE EDUCATIONAL FOUNDATION IS THE CUSTODIAN OF INVESTMENTS HELD FOR THE CALIFORNIA STATE UNIVERSITY, EAST BAY ALUMNI ASSOCIATION. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. PART X, LINE 2: THE EDUCATIONAL FOUNDATION IS EXEMPT FROM FEDERAL AND STATE CORPORATE INCOME TAXES UNDER INTERNAL REVENUE SERVICE (IRS) CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION SERVICE CODE 23701D. IN ADDITION, THE EDUCATIONAL FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). HOWEVER, THE EDUCATIONAL FOUNDATION REMAINS SUBJECT TO TAXES ON ANY NET INCOME WHICH IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND UNRELATED TO ITS EXEMPT PURPOSE. THE EDUCATIONAL FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. THE EDUCATIONAL FOUNDATION FILES INFORMATIONAL AND INCOME TAX RETURNS IN THE UNITED STATES AND VARIOUS STATE AND LOCAL JURISDICTIONS. THE EDUCATIONAL FOUNDATION'S FEDERAL INCOME TAX AND INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THE RETURNS WERE FILED. 1 CALIFORNIA STATE UNIVERSITY EAST BAY 25800 CARLOS BEE BLVD HAYWARD CA 94542 946390556 CSU, EAST BAY 2577536 0 TO SUPPORT THE UNIVERSITY AND ITS STUDENTS 1 0 PART I, LINE 2: CALIFORNIA STATE UNIVERSITY EAST BAY PREPARES A MONTHLY RECONCILIATION REPORT FOR CAL STATE EAST BAY EDUCATIONAL FOUNDATION TO SHOW THAT ALL CONTRIBUTIONS ARE RECORDED IN THE CORRECT FUNDS WHERE THEY CAN BE SPENT FOR THEIR INTENDED USE. X 4 484104 FMV 0 0 1 1 PART I, LINE 32B: THE ORGANIZATION'S BROKERAGE FIRM SELLS THE PUBLICLY TRADED SECURITIES. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED IN JANUARY 2023 TO REDUCE THE TERM OF OFFICE FOR TRUSTEES FROM 4 YEARS TO 3 YEARS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS REVIEWED LINE BY LINE BY THE PRESIDENT AND TREASURER AND THEN SIGNED BY THE TREASURER. AFTER THE PRESIDENT AND THE TREASURER APPROVED THE FINAL DRAFT OF THE FORM 990, THE ORGANIZATION CREATED A PDF OF THE FORM AND EMAILED IT TO THE MEMBERS OF THE GOVERNING BODY BEFORE SUBMISSION OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED EACH YEAR. THE BOARD MEMBERS, OFFICERS AND CONTRACTED CONSULTANTS OF CAL STATE EAST BAY EDUCATIONAL FOUNDATION ARE COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, WHICH COMPLIES WITH THE CONFLICT OF INTEREST REQUIREMENTS SET FORTH IN THE COMPILATION OF POLICIES AND PROCEDURES FOR CALIFORNIA STATE UNIVERSITY AUXILIARY ORGANIZATIONS (SECTION 6.1.1) AND THE CALIFORNIA EDUCATION CODE (SECTIONS 89906 TO 89908). TRANSACTIONS IN WHICH A BOARD MEMBER HAS A CONFLICT OF INTEREST ARE PROHIBITED UNLESS (A) THE CONFLICT IS DISCLOSED TO THE BOARD AND NOTED IN THE MINUTES, (B) THE TRANSACTION IS JUST AND REASONABLE TO THE ORGANIZATION, AND (C) THE BOARD THEREAFTER VOTES TO APPROVE THE TRANSACTION. THE INDIVIDUAL WITH THE CONFLICT MAY NOT ATTEMPT TO INFLUENCE THE OTHER BOARD MEMBERS IN RELATION TO THE TRANSACTION AND DOES NOT PARTICIPATE IN THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR INSPECTION DURING BUSINESS HOURS AT THE ORGANIZATION'S HEADQUARTERS AND ARE ALSO AVAILABLE ONLINE AT WWW.CSUEASTBAY.EDU/GIVING/EDUCATIONAL-FOUNDATION/IMPORTANT- INFO.HTML. FORM 990, PART XII, LINE 2C: THE AUTHORITY AND PROCESS FOR SELECTING THE FINANCIAL STATEMENT AUDITOR AND FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT DID NOT CHANGE DURING THE FISCAL YEAR.