2023-07-07T17:20:33-05:00 2021-09-30 954659692 LUCAS HORSFALL MURPHY & PINDROH LLP 299 N EUCLID AVENUE 2ND FLOOR PASADENA CA 91101 990 2020-10-01 951684790 THE CALTECH Y CALT 6263956163 1201 E CALIFORNIA BLVD MC-C1-128 PASADENA CA 91125 ATHENA R CASTRO EXECUTIVE DIRECTOR 6263956163 2023-07-07 1 ATHENA CASTRO 999009999 LESLIE S SOBOL P00057624 6267445100 2023-07-07 0 AAL1 IAL1 2020 2023-04-26 12:10:37Z X ATHENA R CASTRO 1201 E CALIFORNIA BLVD MC-C1-128 PASADENA CA 91125 4730066 0 X WWW.CALTECHY.ORG X 1948 CA TO ENRICH STUDENT LIFE AND CHALLENGE STUDENTS TO GROW INTO RESPONSIBLE CITIZENS OF THE WORLD. 25 25 9 287 0 0 613757 4395756 41555 73537 157707 253821 10496 6952 823515 4730066 3000 0 0 0 647110 652760 0 0 109455 194997 175196 845107 827956 -21592 3902110 3543860 10390750 72639 96192 3471221 10294558 X TO ENRICH STUDENT LIFE AND CHALLENGE STUDENTS TO GROW INTO RESPONSIBLECITIZENS OF THE WORLD. 0 0 588970 80489 STUDENT PROGRAMS - THE STUDENT EXECUTIVE COMMITTEE (EXCOMM), Y-OUTDOORS AND STUDENT ACTIVISM SPEAKER SERIES (SASS) COMMITTEES, AND COMMUNITY SERVICE PROJECT LEADERS - INCLUDING STUDENT LEADERS PLANNED AND IMPLEMENTED APPROXIMATELY 50 PROGRAMS DURING THE 2020-2021 ACADEMIC YEAR. MANY OF THE PROGRAMS REMAINED VIRTUAL DUE TO COVID RESTRICTIONS WITH A FEW IN-PERSON PROGRAMS. THIS INCLUDED PROGRAMS IN 3 MAIN CATAGORIES: COMMUNITY SERVICE PROGRAMMING WAS THE LARGEST CATEGORY, AND INCLUDED THE RISE TUTORINGPROGRAM FOR PUBLIC SCHOOL MIDDLE AND HIGH SCHOOL STUDENTS, ASSEMBLING SACK LUNCHES FOR UNION STATION HOMELESS SERVICES, AND PROVIDING VOLUNTEERS FOR COMMUNITY ORGANIZATIONS SUCH AS STEAM:CODERS, READING PARTNERS, AND THE YWCA GIRLS' CIRCLE MENTORING PROGRAM. OUTDOOR EVENTS CONSISTED MAINLY OF VIRTUAL TALKS, INCLUDING BACKPACKING BASICS, BIKE MAINTENANCE, CAMPING, KAYAKING, AND GREAT HIKES IN THE GREATER LA AREA. CULTURAL, EDUCATIONAL, AND SOCIAL PROGRAMS INCLUDED VARIOUS TALKS WITHSPEAKERS SUCH AS CORY DOCTOROW, ENGINEERS & SCIENTISTS ACTING LOCALLY, DR. ALISTAIR HAYDEN, DR. IRENE HEADEN, PROF. THOMAS HOLLIHAN, BRIAN JACKSON, PASADENA LEAGUE OF WOMEN VOTERS, DAN LANE, DR. STEPHEN NUNO-PEREZ, DAVID OSHINSKY, DR. ALEXANDRA PHILLIPS, DARYL WEST, ANDREW ZWICKER, AND THE SOCIALISTS OF CALTECH. OTHER WORKSHOPS INCLUDED COOKING DEMOS, CHESS STRATEGIES, ORIGAMI,CULTURAL TALKS FOR THE ANNUAL WORLD FEST, AND MLK COMMEMORATION WEEK EVENTS. THE CALTECH Y ALSO AWARDED THE LUCY GUERNSEY SERVICE AWARD TO 3 STUDENTS FOR THEIR OUTSTANDING SERVICE TO THE COMMUNITY.THE CALTECH Y EDUCATIONAL OUTREACH PROGRAMS CONSIST OF THE RISE PROGRAM AS WELL AS PARTNERSHIPS WITH OTHER COMMUNITY ORGANIZATIONS TO PROVIDE OPPORTUNITIES FOR CALTECH STUDENTS TO SERVE THE COMMUNITY AT LARGE. RISE PROVIDES INTENSIVE MATH AND SCIENCE TUTORING AND ACADEMIC MENTORING AND SERVES 8TH-12TH GRADE STUDENTS ATTENDING AREA PUBLIC SCHOOLS, PRIMARILY PASADENA UNIFIED SCHOOL DISTRICT STUDENTS. TUTORING IS PROVIDED BY CALTECH UNDERGRADUATE AND GRADUATE STUDENTS. IN ADDITION TO TUTORING, RISE TUTEES ALSO ATTEND COLLEGE PREPARATION WORKSHOPS, CAMPUS TOURS, AND CAN ENROLL IN A SUMMER SAT/ACT PROGRAM, WHICH WAS HELD VIRTUALLY IN 2020. RISE SWITCHED TO AN ONLINE PLATFORM IN APRIL 2020 AND EXPANDED TO INCLUDE TUTORING FOR 6TH GRADE STUDENTS FROM PASADENA UNIFIED. IN 2020-21, THERE WERE 335 PARTICIPANTS AND 232 TUTORS FOR RISE, INCLUDING THE 89 TUTORS IN THE SUMMER RISE SAT/ACT PROGRAM. OF THE CALTECH STUDENT TUTORS, 49 STUDENTS RECEIVED FEDERAL WORK STUDY, AND 202 SERVED AS VOLUNTEER TUTORS. ADDITIONAL EDUCATIONAL OUTREACH OPPORTUNITIES INCLUDED TUTORING AND MENTORING WITH HATHAWAY SYCAMORES FAMILY SERVICES, KIDS READING TO SUCCEED, THE PASADENA LEARNS PROGRAM, THE MARSHALL MATH PROGRAM, AND MENTORS FOR LIFE. TWENTY THREE CALTECH STUDENTS VOLUNTEERED FOR THESE OTHER PROGRAMS. THE TOTAL VALUE OF SERVICE FOR THOSE STUDENTS WHO VOLUNTEERED FOR RISE AND OTHER EDUCATIONAL OUTREACH PROGRAMS IS ESTIMATED TO BE AROUND $139,148. 25993 0 FRIENDS DINNERS AND ACTIVITIES - DINNERS, USUALLY HELD TWO TO THREE TIMES A YEAR, PROVIDE AN OPPORTUNITY FOR CALTECH ALUMNI, STUDENTS AND FRIENDS TO GET ACQUAINTED WHILE ALSO BEING EDUCATED BY GUEST SPEAKERS. GUESTS SPEAKERS RANGE FROM CALTECH PROFESSORS TO PROMINENT COMMUNITY MEMBERS. OCCASIONAL ACTIVITIES INVOLVE EDUCATIONAL FIELD TRIPS FOR ALUMNI AND FRIENDS OF THE Y. 614963 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X X ATHENA R CASTRO 6263956163 1201 E CALIFORNIA BLVD MC C1-128 PASADENA CA 91125 ATHENA R CASTRO EXECUTIVE DIRECTOR 40.00 X X 138000 0 0 ELISABETH GALLMEIER STUDENT VP FOR OPERATIONS 0.00 X 0 0 0 FRANK D DRYDEN DIRECTOR 0.00 X 0 0 0 LAURA HU STUDENT EXCOMM PRESIDENT 0.00 X 0 0 0 NANCY LAN DIRECTOR 0.00 X 0 0 0 SANDHYA RAVICHANDRAN DIRECTOR 0.00 X 0 0 0 SUSAN CLAYTON DIRECTOR 0.00 X 0 0 0 EMILY ABBOTT DIRECTOR 0.00 X 0 0 0 LAURICE BALIAN VICE CHAIR 0.00 X X 0 0 0 SARAH BARRETT STUDENT VP FOR EXTERNAL RELATIONS 0.00 X 0 0 0 RICHARD BEATTY DIRECTOR 0.00 X 0 0 0 FRED CLAYTON BOARD CHAIR 0.00 X X 0 0 0 LEE FISHER COMMITTEE CHAIR 0.00 X 0 0 0 MELANY HUNT COMMITTEE CHAIR 0.00 X 0 0 0 MARISU JIMENEZ DIRECTOR 0.00 X 0 0 0 SUSAN MURAKAMI DIRECTOR 0.00 X 0 0 0 JILLIAN REED DIRECTOR 0.00 X 0 0 0 CHRIS SMITH DIRECTOR 0.00 X 0 0 0 MARY WAHL TREASURER & FINANCE COMMITTEE CHAIR 0.00 X X 0 0 0 JON WEBSTER DIRECTOR 0.00 X 0 0 0 PETER HUNG SECRETARY 0.00 X X 0 0 0 CINDY BENGTSON DIRECTOR 0.00 X 0 0 0 NATHAN DALLESKA DIRECTOR 0.00 X 0 0 0 KEVIN GILMARTIN EX OFFICIO MEMBER 0.00 X 0 0 0 NICOLAS VON GERSDORFF DIRECTOR 0.00 X 0 0 0 138000 0 0 1 0 0 0 0 187350 4208406 4395756 STUDENT PROGRAM FEES 611710 73537 73537 73537 253821 253821 6862 0 6862 6862 6862 90 0 90 90 4730066 80489 0 253821 138000 99360 28980 9660 387515 306764 13352 67399 36311 28002 2610 5699 50661 41536 5790 3335 40273 31063 3243 5967 30023 30023 7799 688 1057 6054 8199 477 7227 495 12759 6853 880 5026 75650 60530 9300 5820 26234 26234 PROGRAM ACTIVITIES 10086 10086 TRAVEL,MEETINGS,&CONFER 2874 2486 388 EQUIPMENT & MAINTENANCE 1572 884 688 827956 614963 103538 109455 122081 1875770 2251355 238 465 16001 22779 22779 0 0 3421076 6247624 3543860 10390750 52639 96192 20000 72639 96192 X 1509456 3471221 8785102 3471221 10294558 3543860 10390750 X 3902110 1608833 1312394 X 0 1 X 1 0 X X 1 CALIFORNIA INSTITUTE OF TECHNOLOGY 951643307 2 1 187350 0 1 187350 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 X 1 1 PART IV, SECTION D, LINE 3 - ROLE OF SUPPORTED ORGANIZATIONS THE ENDOWMENT FUNDS OF THE CALTECH Y ARE MANAGED BY THE INSTITUTE UNDER CALTECH'S INVESTMENT POLICY. UNDER A MEMORANDUM OF UNDERSTANDING THE CALTECH Y PROVIDES STUDENT PROGRAM SERVICES IN EXCHANGE FOR AN ANNUAL FEE AND USE OF CALTECH FACILITIES; HOWEVER, THE INSTITUTE DOES NOT SPECIFICALLY DICTATE HOW THE Y SPENDS ITS BUDGET. PART IV, SECTION E, LINE 2A - EXPLANATION OF SUPPORTED ORGAN THE MISSION OF THE CALTECH Y IS HARMONIOUS WITH THAT OF THE INSTITUTE. SEE LIST OF PROGRAMS PROVIDED ABOVE. THE ACTIVITIES OF THE Y, WHICH ARE IN SUPPORT OF THE STUDENTS AT CALTECH COMPRISE 100% OF THE ORGANIZATION'S PROGRAM SERVICES. PART IV, SECTION E, LINE 2B - EXPLANATION OF ORGANIZATION'S THE STUDENT PROGRAM ACTIVITIES CONDUCTED THROUGH THE CALTECH Y (SEE LIST ABOVE) WOULD IN LARGE PART BE PROVIDED BY THE INSTITUTE WERE IT NOT FOR THE EXISTENCE OF THE Y. HOWEVER, THE INDEPENDENCE OF THE Y ALLOWS IT TO HOST CERTAIN SPEAKERS AND EVENTS THAT THE INSTITUTE WOULD NOT NORMALLY ACCOMMODATE. SUPPLEMENTAL INFORMATION CONTRIBUTIONS NOT REPORTED AS REVENUE (PART II OR PART III, LINE 1) NO DIRECT MONETARY SUPPORT WAS PROVIDED TO THE CALIFORNIA INSTITUTE OF TECHNOLOGY ("CALTECH"). HOWEVER, THE FOLLOWING SERVICES WERE PROVIDED TO THE STUDENTS OF CALTECH: THE STUDENT EXECUTIVE COMMITTEE (EXCOMM), OUTDOOR ADVENTURE PROGRAMS, SOCIAL ACTIVISM SPEAKER SERIES, COMMUNITY SERVICE PROJECTS, INTERNATIONAL FOOD FESTIVAL, MARTIN LUTHER KING JR. COMMEMORATION WEEK EVENTS, DECOMPRESSION, UNION STATION HOMELESS SHELTER, ALTERNATIVE SPRING BREAK, MAKE-A-DIFFERENCE DAY, WASHINGTON D.C. SCIENCE POLICY TRIP, EXPLORE LA, AND LIFE SKILLS EDUCATION PROGRAMS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3421076 2873563 2232906 2279921 6247624 3403576 70145 157707 210352 3421076 3481527 166549 244500 3403576 3227963 123850 339714 210000 3481527 2728426 140270 552267 193000 3227963 0 1 1 22779 22779 0 0 GENERAL ENDOWMENT FUND 1521481 Y CENTENNIAL ENDOWMENT FUND 914745 INGRID GUMPEL MEMORIAL FUND 244979 STUDENSKI ENDOWMENT FUND 84140 HOUSNER ENDOWMENT FUND 191565 NAECKER FAMILY FUND 115000 HUMMEL-GRAY TRAVEL FUND 120257 HERSHEY ENDOWMENT FUND 100000 JOHNSON ENDOWMENT FUND 100000 BESCHORMAN ENDOWMENT FUND 97625 KIRK & MARJORY DAWSON FUND 52500 PAUL & HEATHER HAAGA FUND 50000 TOM APOSTOL FUND 28650 PERPETUAL TRUST-BAKER 362909 PERPETUAL TRUST-MILLIKAN 1528058 PERPETUAL TRUST-DELBRUCK 19195 HERSHEY ENDOWMENT FUND-RESTRICTED 42730 PAUL & HEATHER HAAGA FUND-RESTRICTED 16667 JOHNSON ENDOWMENT FUND-RESTRICTED 36331 HOUSNER ENDOWMENT FUND-RESTRICTED 13715 INGRID GUMPEL MEMORIAL FUND-RESTRICTED 96498 TOM APOSTOL FUND-RESTRICTED 36227 STUDENSKI ENDOWMENT FUND-RESTRICTED 172997 HUMMEL-GRAY TRAVEL FUND-RESTRICTED 32317 BESCHORMAN ENDOWMENT FUND-RESTRICTED 31861 KIRK & MARJORY DAWSON FUND-RESTRICTED 17209 NAECKER FAMILY FUND-RESTRICTED 39139 Y CENTENNIAL ENDOWMENT FUND-RESTRICTED 180829 6247624 4730066 0 4730066 0 4730066 827956 0 827956 0 827956 FORM 990, PART VI, SECTION A, LINE 2 FRED CLAYTON SUSAN CLAYTON BROAD CHAIR DIRECTOR MARRIED LEE FISHER SUSAN MURAKAMI COMMITTEE CHAIR DIRECTOR MARRIED FORM 990, PART VI, SECTION A, LINE 8B ALTHOUGH NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, MINUTES OF COMMITTEE MEETINGS ARE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO FINANCE COMMITTEE FOR DETAILED REVIEW PRIOR TO FILING AND IS AVAILABLE TO ENTIRE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, MANAGEMENT CIRCULATES QUESTIONNAIRE TO BOARD OF DIRECTORS INQUIRING IF THERE ARE ANY CONFLICTS OF INTEREST OR RELATED-PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE MEMBERS OF THE EXECUTIVE, GOVERNANCE, AND FINANCE COMMITTEES REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY. PERIODICALLY, BUT NOT NECESSARILY ANNUALLY, THEY WOULD REVIEW THE COMPENSATION OF THE PROGRAM DIRECTOR, DEVELOPMENT DIRECTOR AND/OR OTHER STAFF. THEIR COMPENSATION REVIEW TAKES INTO CONSIDERATION COMPARABILITY DATA OF OTHER NON-PROFIT ORGANIZATIONS IN LOS ANGELES COUNTY. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS POSTED TO THE WEBSITE FOR THE CALIFORNIA ATTORNEY GENERAL'S REGISTRY OF CHARITABLE TRUSTS. FORM 990, GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION ARE AVAILABLE FOR INSPECTION AT THE CALTECH Y OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT FUND 916,388. CHANGE IN VALUE OF PERPETUAL TRUSTS HELD BY CA INSTITUTE OF TECHNOLOGY 396,006. FORM 990, PART I LINES 8,9,10,11,15,17,20,22 FORM 990 CHANGES FOR AMENDED TAX RETURN: CURRENT YEAR AS FILED AS AMENDED INCR/DCR PART I,LN 8(PRT VIII,LN 1H) $547,695 $4,395,756 $3,848,061 PART I,LN 9(PRT VIII,LN 2G) 14,685 73,537 58,852 PART I,LN10(PRT VIII,CL A,LN 3, 4, AND 7D) 2,882,872 253,821 (2,629,051) PART I,LN11(PRT VIII,CL A,LN 5, 6D,8C,9C,10C& 11E) 6,953 6,952 (1) PART I,LN15(PRT IX,CL A,LNS 5-10 644,071 652,760 8,689 PART I,LN17(PRT IX CL A LNS 104,273 175,196 70,923 11A-11D,11F-24E) PART I,LN20(PRT X,LINE 16) 6,209,969 10,390,750 4,180,781 PART I,LN21(PRT X,LINE 26) 35,215 96,192 60,977 AMENDED TAX RETURN FINANCIAL STATMENTS WERE AUDITED BY A CERTIFIED PUBLIC ACCOUNTANT. SEE BELOW ADDITIONAL CHANGES FOR AUDITED FINANCIAL STATEMENTS AND FORM 990: THE CALTECH Y RECONCILIATION OF FUND BALANCE 9/30/21 FORM 990 FUND BALANCE AS OF 9/30/20 LTCPA T/B 3,470,896.32 UNLOCATED DIFFERENCE 325.00 ------------ FUND BALANCE AS OF 9/30/20 PER FORM 990 3,471,221.32 PRT I,LN 22(PY)PRT X, X COL A, LN 32 ------------ PRIOR PERIOD ADJ RESULTING FROM INDEPENDENT AUDIT: RECOGNITION OF GRANTS RECEIVED $ 110,000.00 RECOGNITION OF PREPAID INSURANCE 11,578.00 ACCRUAL OF PTO EXPENSE (79,809.48) VOID OLD, OUTSTANDING CHECKS 8,214.45 RECOGNITION OF ENDOWMENT INCOME 50,000.00 ACCRUAL OF EMPLOYEE BENEFITS (4,980.90) UNLOCATED DIFFERENCE (325.00) INCLUSION OF BENEFICIAL INTEREST IN PERPETUAL IRREVOCABLE TRUSTS HELD BY CALIF INSTITUTE OF TECHNOLOGY 1,514,156.00 ------------- TOTAL PRIOR PERIOD ADJUSTMENTS 1,608,833.07 PART XI, LINE 8 ------------- ADJUSTED FUND BALANCE AS 9/30/20 PER AUDIT $ 5,080,054.39 FY 20-21 REVENUE 4,730,066.00 PRT I,LN 12(CY);PRT VIII,COL A, LN 12 FY 20-21 EXPENSES (827,956.00)PRT I LN 18(CY);PRT IX COL A, LN 25 OTHER CHANGES IN NET ASSETS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ENDOWMENT FUNDS 916,388 CHANGE IN VALUE OF PERPETUAL IRREV TRUST HELD BY CALIF INSTITUTE OF TECHNOLOGY 396,006 1,312,394.00 PART XI, LINE 9 -------- ------------- ADJUSTED FUND BALANCE AS OF 9/30/21 PER AUDIT AND FORM 990 $10,294,558.39 PART I,LN 22(CY);PRT X COL B,LINE 32 ============== CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E CALIFORNIA BLVD PASADENA CA 91125 951643307 HIGHER EDUCATION CA 501(C)(3) LINE 2 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CALIFORNIA INSTITUTE OF TECHNOLOGY C 243182 CASH SCHEDULE R - ADDITIONAL INFORMATION THE ORGANIZATION OPERATES FROM A FACILITY OWNED BY THE CALIFORNIA INSTITUTUE OF TECHNOLOGY ("CALTECH"). CALTECH DOES NOT CHARGE THE ORGANIZATION RENT FOR USE OF THE FACILITIES.