THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY (EIN 83-0403915)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-06
IRS object ID
202201269349302465
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-06T14:30:41-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line130 SOUTH WACKER DR SUITE 3300AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606063392ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830403915EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE TOWER FOUNDATION OF SAN JOSEBusinessNameLine1Txt
Business Name Line2STATE UNIVERSITYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTOWEBusinessNameControlTxt
Phone4089241765PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE WASHINGTON SQUAREAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP951920183ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDANIELE LECESNEPersonNm
Person TitleCOOPersonTitleTxt
Phone4089241765PhoneNum
Signature2022-05-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDANIELEPersonFirstNm
Person LastLECESNEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREBEKUH ELEYPreparerPersonNm
PTINP01247672PTIN
Phone3126343400PhoneNum
Preparation2022-05-05PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDANIELE LECESNEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE WASHINGTON SQUAREAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP951920183ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$258,381,181GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SJSU.EDU/TOWERFOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionASSISTANCE TO ACADEMIC PROGRAMS & FACILITIES, STUDENT SCHOLARSHIPS, FACULTY, & ATHLETICS PROGRAMSActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee540TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$83,027TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$38,118NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,499,094PYContributionsGrantsAmt
CY Contributions Grants$18,088,607CYContributionsGrantsAmt
PY Program Service Revenue$3,756,552PYProgramServiceRevenueAmt
CY Program Service Revenue$10,160,836CYProgramServiceRevenueAmt
PY Investment Income$8,741,954PYInvestmentIncomeAmt
CY Investment Income$17,142,440CYInvestmentIncomeAmt
PY Other Revenue$2,789,667PYOtherRevenueAmt
CY Other Revenue$961,223CYOtherRevenueAmt
PY Total Revenue$29,787,267PYTotalRevenueAmt
CY Total Revenue$46,353,106CYTotalRevenueAmt
PY Grants And Similar Paid$4,496,922PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,697,931CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,963,004PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,735,875CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,192,840PYOtherExpensesAmt
CY Other Expenses$10,715,048CYOtherExpensesAmt
PY Total Expenses$24,652,766PYTotalExpensesAmt
CY Total Expenses$23,148,854CYTotalExpensesAmt
PY Revenues Less Expenses$5,134,501PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$23,204,252CYRevenuesLessExpensesAmt
Total Assets BOY$204,408,600TotalAssetsBOYAmt
Total Assets EOY$263,921,731TotalAssetsEOYAmt
Total Liabilities BOY$2,711,608TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,240,172TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$201,696,992NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$259,681,559NetAssetsOrFundBalancesEOYAmt
MissionTHE TOWER FOUNDATION'S MISSION IS TO ENCOURAGE PHILANTHROPY AMONG SJSU ALUMNI AND FRIENDS BY PROVIDING HIGH QUALITY, RELIABLE, AND RESPONSIVE CHARITABLE GIVING SERVICES, DONOR STEWARDSHIP, AND ACCURATE ACCOUNTING FOR ALL GIFTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$20,198,887ExpenseAmt
Grant$3,697,931GrantAmt
Revenue$10,160,836RevenueAmt
DescTHE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES OF PROMOTING AND ADVANCING THE OBJECTIVES OF SAN JOSE STATE UNIVERSITY. PRIMARY PURPOSES INCLUDE PROVIDING ASSISTANCE TO ACADEMIC PROGRAMS, LIBRARIES, CLASSROOMS, LABORATORIES, STUDENT SCHOLARSHIPS, FACULTY FELLOWSHIPS AND PROFESSORSHIPS, FACULTY RESEARCH AND COMMUNITY PROJECTS, AND ATHLETICS PROGRAMS.Desc
Total Program Service Expenses$20,198,887TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee540EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DANIELE LECESNEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4089241765PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE WASHINGTON SQUAREAddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP951920183ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
THERESA DAVIS
CEO40.00Yes (X)Yes (X)$5,000$131,836$40,258
MARY PAPAZIAN
EX OFFICIO, PRESIDENT0.50Yes (X)Yes (X)$0$423,833$155,17040.00
CHARLIE FAAS
MANAGING DIRECTOR/INTERIM UNTIL 12/20)0.20Yes (X)Yes (X)$0$267,048$107,29140.00
WANDA HENDRIX
EX OFFICIO-ALUMNI ASSC PRESIDENT0.50Yes (X)$0$0$0
GARY D RADINE
DIRECTOR0.50Yes (X)$0$34,927$71120.00
DAVID NEIGHBORS
EX OFFICIO0.50Yes (X)$0$11,067$0
VIRGINIA LEHMKUHL DAKWE
FACULTY REPRESENTATIVE0.50Yes (X)$0$103,962$56,46540.00
ERIC KELLY
CHAIRMAN OF THE BOARD0.50Yes (X)Yes (X)$0$0$0
LILIANA ALDER
STUDENT BODY REPRESENTATIVE0.50Yes (X)$0$0$0
CHARLES W DAVIDSON
DIRECTOR (UNTIL 3/21)0.50Yes (X)$0$0$0
COLLEEN B WILCOX
DIRECTOR0.50Yes (X)$0$0$0
CONSTANCE B MOORE
DIRECTOR0.50Yes (X)$0$0$0
DANA C DITMORE
DIRECTOR0.50Yes (X)$0$0$0
DAVID WENG
DIRECTOR0.50Yes (X)$0$0$0
EDWARD OATES
DIRECTOR0.50Yes (X)$0$0$0
GARY J SBONA
DIRECTOR0.50Yes (X)$0$0$0
JEFF RICCI
DIRECTOR0.50Yes (X)$0$0$0
JOE PINTO
DIRECTOR0.50Yes (X)$0$0$0
JOHN W BAIRD
DIRECTOR0.50Yes (X)$0$0$0
LESLIE C FRANCIS
DIRECTOR (UNTIL 12/20)0.50Yes (X)$0$0$0
MARKO TRAPANI
DIRECTOR0.50Yes (X)$0$0$0
PETER V UEBERROTH
DIRECTOR0.50Yes (X)$0$0$0
PHILLIP R BOYCE
DIRECTOR0.50Yes (X)$0$0$0
RICHARD CONNIFF
DIRECTOR0.50Yes (X)$0$0$0
STEPHEN H CAPLAN
DIRECTOR0.50Yes (X)$0$0$0
WILLIAM E BARTON
DIRECTOR0.50Yes (X)$0$0$0
ALLISON BRICENO
DIRECTOR (UNTIL 06/21)0.50Yes (X)$0$0$040.00
RAVISHA MATHUR
EX OFFICIO-ACADEMIC SENATE REP.0.50Yes (X)$0$112,424$55,24040.00
DANIELE LECESNE
COO, SECRETARY (AS OF 12/20)40.00Yes (X)$0$10,000$0
BRENT BRENNAN
HEAD COACH, FOOTBALL1.00$665,583$329,260$126,22740.00Yes (X)
MARIE TUITE
ATHLETICS DIRECTOR1.00$206,081$263,116$89,24040.00Yes (X)
JEAN PRIOLEAU
HEAD COACH, BASKETBALL1.00$123,360$285,192$112,88940.00Yes (X)
DERRICK ODUM
ASSISTANT COACH, FOOTBALL1.00$104,136$219,756$93,11840.00Yes (X)
KEVIN MCGIVEN
ASSISTANT COACH, FOOTBALL0.00$125,334$206,917$97,51540.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,229,494TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,399,338TotReportableCompRltdOrgAmt
Total Other Compensation$934,124TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$20,000RelatedOrganizationsAmt
All Other Contributions$18,068,607AllOtherContributionsAmt
Noncash Contributions$1,577,114NoncashContributionsAmt
Total Contributions$18,088,607TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MOUNTAIN WEST CONF. DISTRIBUTION611710$5,008,256$5,008,256
ADMINISTRATION FEES611710$4,243,885$4,243,885
REIMBURSEMENTS FROM SJSU/AUXILIAR611710$908,695$908,695
FieldValueIRS element (for citing)
Total Program Service Revenue$10,160,836TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,529,779TotalRevenueColumnAmt
Unrelated Business Revenue$83,027UnrelatedBusinessRevenueAmt
Exclusion$2,446,752ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$226,640,736SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$212,028,075SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$14,612,661SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,612,661TotalRevenueColumnAmt
Exclusion$14,612,661ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescFLEX BENEFITS REVENUEDesc
Business611710BusinessCd
Total Revenue Column$885,636TotalRevenueColumnAmt
Exclusion$885,636ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$75,587TotalRevenueColumnAmt
Exclusion$75,587ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$961,223OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,353,106TotalRevenueColumnAmt
Related Or Exempt Func Income$10,160,836RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$83,027UnrelatedBusinessRevenueAmt
Exclusion$18,020,636ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,676,260TotalAmt
Program Services$3,676,260ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$21,671TotalAmt
Program Services$21,671ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,666,580TotalAmt
Program Services$5,685,422ProgramServicesAmt
Management And General$981,158ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$64,283TotalAmt
Program Services$28,317ProgramServicesAmt
Management And General$35,966ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,674,033TotalAmt
Program Services$1,295,052ProgramServicesAmt
Management And General$378,981ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$330,979TotalAmt
Program Services$289,634ProgramServicesAmt
Management And General$41,345ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$288,938TotalAmt
Program Services$194,035ProgramServicesAmt
Management And General$94,903ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$374,878TotalAmt
Management And General$374,878ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$738,578TotalAmt
Management And General$738,578ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$678,002TotalAmt
Program Services$556,477ProgramServicesAmt
Management And General$121,525ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,434TotalAmt
Program Services$7,950ProgramServicesAmt
Management And General$2,484ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$941,329TotalAmt
Program Services$923,724ProgramServicesAmt
Management And General$17,605ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$29,490TotalAmt
Program Services$6,146ProgramServicesAmt
Management And General$23,344ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$47,296TotalAmt
Program Services$46,260ProgramServicesAmt
Management And General$1,036ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$118,137TotalAmt
Program Services$116,123ProgramServicesAmt
Management And General$2,014ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$2,875,071TotalAmt
Program Services$2,875,071ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,355TotalAmt
Management And General$16,355ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
ADMINISTRATION FEES$4,243,885$4,146,199$97,686
STUDENT SUPPORT$226,907$226,907$0
DUES AND SUBSCRIPTIONS$112,046$96,754$15,292
TAXES AND LICENSES$13,724$6,885$6,839

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total-$22TotalAmt
Management And General-$22ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,148,854TotalAmt
Program Services$20,198,887ProgramServicesAmt
Management And General$2,949,967ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,631,147BOYAmt
EOY$30,630,407EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,716,873BOYAmt
EOY$19,843,289EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,741BOYAmt
EOY$125,353EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$134,881BOYAmt
EOY$42,490EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$120,249,243BOYAmt
EOY$173,946,574EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$31,373,905BOYAmt
EOY$26,807,187EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$9,155,120BOYAmt
EOY$11,290,384EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,144,690BOYAmt
EOY$1,236,047EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$204,408,600BOYAmt
EOY$263,921,731EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$411,093BOYAmt
EOY$536,088EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,300,515BOYAmt
EOY$3,704,084EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,711,608BOYAmt
EOY$4,240,172EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$201,696,992BOYAmt
EOY$259,681,559EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$201,696,992BOYAmt
EOY$259,681,559EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$204,408,600BOYAmt
EOY$263,921,731EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$23,204,252ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$35,366,609NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$586,294OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,928,335CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,770,909CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,226,056CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,499,094CurrentTaxYearMinus1YearAmt
Current Tax Year$18,088,607CurrentTaxYearAmt
Total$93,513,001TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,928,335CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,770,909CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,226,056CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,499,094CurrentTaxYearMinus1YearAmt
Current Tax Year$18,088,607CurrentTaxYearAmt
Total$93,513,001TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,997,994SubstantialContributorsTotAmt
Public Support Total170$88,515,007PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,549,076CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,178,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,574,984CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,658,769CurrentTaxYearMinus1YearAmt
Current Tax Year$2,446,752CurrentTaxYearAmt
Total$15,408,005TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$123,021CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$688,895CurrentTaxYearMinus2YearsAmt
Current Tax Year$38,118CurrentTaxYearAmt
Total$850,034TotalAmt
FieldValueIRS element (for citing)
Total Support$109,771,040TotalSupportAmt
Gross Receipts Rltd Activities$28,760,221GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80640PublicSupportCY170Pct
Public Support PY1700.81230PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$148,747,340BeginningYearBalanceAmt
Contributions-$49,467ContributionsAmt
Investment Earnings Or Losses$49,150,000InvestmentEarningsOrLossesAmt
Administrative Expenses-$714,369AdministrativeExpensesAmt
End Year Balance$198,562,242EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$153,212,206BeginningYearBalanceAmt
Contributions-$2,921,322ContributionsAmt
Investment Earnings Or Losses-$910,318InvestmentEarningsOrLossesAmt
Administrative Expenses$633,226AdministrativeExpensesAmt
End Year Balance$148,747,340EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$150,056,030BeginningYearBalanceAmt
Contributions-$3,686,217ContributionsAmt
Investment Earnings Or Losses$7,429,657InvestmentEarningsOrLossesAmt
Administrative Expenses$587,265AdministrativeExpensesAmt
End Year Balance$153,212,206EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$142,939,572BeginningYearBalanceAmt
Contributions-$1,251,642ContributionsAmt
Investment Earnings Or Losses$8,987,311InvestmentEarningsOrLossesAmt
Administrative Expenses$619,210AdministrativeExpensesAmt
End Year Balance$150,056,030EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$125,627,222BeginningYearBalanceAmt
Contributions$969,552ContributionsAmt
Investment Earnings Or Losses$16,896,637InvestmentEarningsOrLossesAmt
Administrative Expenses$553,839AdministrativeExpensesAmt
End Year Balance$142,939,572EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.28110BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.65070PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.06820TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
IVE INTERNATIONAL FUND-I$10F
VAUGHAN NELSON$8,856,338F
DODGE & COX$12,375,015F
FPA CRESCENT FUND$5,575,824F
FieldValueIRS element (for citing)
Total Book Value Securities$26,807,187TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
FUNDS HELD IN TRUST LIABILITY - CURRENT$152,975
FUNDS HELD IN TRUST LIABILITY - NONCURRENT$1,786,316
DUE TO RELATED ORGANIZATIONS$1,764,793
FieldValueIRS element (for citing)
Total Liability$3,704,084TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$81,719,715TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$35,366,609NetUnrealizedGainsInvstAmt
Revenue Not Reported$35,366,609RevenueNotReportedAmt
Revenue Subtotal$46,353,106RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$46,353,106TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,735,148TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$586,294OtherExpensesIncludedAmt
Expenses Not Reported$586,294ExpensesNotReportedAmt
Expenses Subtotal$23,148,854ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,148,854TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE FOUNDATION RECEIVES DONATIONS RESTRICTED TO ENDOWMENT BY DONORS. SUCH DONATIONS ARE INVESTED IN ACCORDANCE WITH THE FOUNDATION'S INVESTMENT POLICY. THE ENDOWMENT PORTFOLIO IS COMPRISED OF A BLEND OF INVESTMENTS AND IS PROFESSIONALLY MANAGED. THE FINANCE AND INVESTMENT COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE INVESTMENT PORTFOLIO, MONITORING PERFORMANCE OF THE INVESTMENTS AND APPROVING NEW FUND MANAGERS. THE ENDOWMENT SUPPORTS A VAST ARRAY OF STUDENT SCHOLARSHIPS AS WELL AS VIBRANT PROGRAMS THROUGHOUT SAN JOSE STATE UNIVERSITY.
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AS A NONPROFIT ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. FORM 990, FILED BY THE FOUNDATION, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2018.
PART XII, LINE 2D - OTHER ADJUSTMENTS:UNCOLLECTIBLE PLEDGES 586,294.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$824,145RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$824,145SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$824,145TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
SAN JOSE STATE UNIVERSITY
ONE WASHINGTON SQUARESAN JOSECA95192770414438$3,617,541$416,768FMVGIFTS IN KINDSCHOLARSHIPS/AWARDS
SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION
ONE WASHINGTON SQUARESAN JOSECA93955946017638$318,163SUPPORT FOR BUILDING RENOVATION501(C)(3)
CSU MONTEREY BAY
100 CAMPUS CENTERSEASIDECA93955911785970$24,490SCHOLARSHIPS
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS/AWARDSGrantTypeTxt
Recipient14RecipientCnt
Cash Grant$16,762CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE TOWER FOUNDATION FUNDS SCHOLARSHIPS THAT ARE AWARDED TO STUDENTS OF SAN JOSE STATE UNIVERSITY (SJSU). THE SCHOLARSHIPS ARE DIRECTED BY SJSU'S FINANCIAL AID AND SCHOLARSHIP OFFICE AND ITS ATHLETICS DEPARTMENT, WHICH EVALUATE APPLICANTS TO ENSURE THEY MEET THE CRITERIA STIPULATED BY THE DONOR. THE AMOUNT OF SCHOLARSHIPS AWARDED BY SJSU'S FINANCIAL AID AND SCHOLARSHIP OFFICE AND FUNDED BY THE TOWER FOUNDATION WAS $3,662,308. THE REMAINING CASH GRANTS RELATE TO VARIOUS STUDENT AWARDS, OTHER THAN SCHOLARSHIPS, THAT ARE DISTRIBUTED AND MONITORED BY VARIOUS DEPARTMENTS OF SJSU.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRENT BRENNAN
HEAD COACH, FOOTBALL$665,583$327,970$0$0$0$1,290$0$99,434$0$26,793$665,583$455,487$0$0
MARY PAPAZIAN
EX OFFICIO, PRESIDENT$0$409,049$0$0$0$14,784$0$121,894$0$33,276$0$579,003$0$0
MARIE TUITE
ATHLETICS DIRECTOR$206,081$261,154$0$0$0$1,962$0$78,536$0$10,704$206,081$352,356$0$0
JEAN PRIOLEAU
HEAD COACH, BASKETBALL$123,360$283,854$0$0$0$1,338$0$86,096$0$26,793$123,360$398,081$0$0
KEVIN MCGIVEN
ASSISTANT COACH, FOOTBALL$125,334$205,657$0$0$0$1,260$0$64,392$0$33,123$125,334$304,432$0$0
DERRICK ODUM
ASSISTANT COACH, FOOTBALL$104,136$218,418$0$0$0$1,338$0$66,325$0$26,793$104,136$312,874$0$0
CHARLIE FAAS
MANAGING DIRECTOR/INTERIM UNTIL 12/2$0$265,452$0$0$0$1,596$0$80,498$0$26,793$0$374,339$0$0
THERESA DAVIS
CEO$5,000$121,128$0$10,000$0$708$0$32,430$0$7,828$5,000$172,094$0$0
RAVISHA MATHUR
EX OFFICIO-ACADEMIC SENATE REP.$0$110,974$0$1,450$0$0$0$27,370$0$27,870$0$167,664$0$0
VIRGINIA LEHMKUHL DAKWE
FACULTY REPRESENTATIVE$0$103,962$0$0$0$0$0$31,562$0$24,903$0$160,427$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S CEO IS COMPENSATED BY SAN JOSE STATE UNIVERSITY (SJSU), A RELATED ORGANIZATION. SJSU ESTABLISHES THE COMPENSATION OF THE ORGANIZATION'S CEO BASED ON GUIDELINES OF THE UNIVERSITY AND THROUGH THE USE OF A COMPENSATION SURVEY OR STUDY.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution39ContributionCnt
Noncash Contributions Rpt F990$1,100,298NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)EQUIPMENT11$366,525FAIR MARKET VALUE
Yes (X)MISCELLANEOUS12$105,301FAIR MARKET VALUE
Yes (X)PIANO1$4,990FAIR MARKET VALUE
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationIS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATHE SAN JOSE STATE UNIVERSITY PRESIDENT, WHO IS A BOARD DIRECTOR OF THE FOUNDATION, HAS THE SOLE AUTHORITY TO APPOINT THE BOARD MEMBERS FOR THE FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE TOWER FOUNDATION'S AUDIT COMMITTEE REVIEWS THE 990 FORM IN DETAIL WITH TOWER MANAGEMENT. MINUTES KEPT FOR THE AUDIT COMMITTEE DOCUMENT THE PROCESS.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY AND RELATED DISCLOSURE STATEMENT IS REVIEWED ON AN ANNUAL BASIS AT THE TOWER FOUNDATION AUDIT COMMITTEE MEETING IN SEPTEMBER. THE COMMITTEE RECOMMENDS ANY CHANGE TO THE POLICY AND DISCLOSURE FORM. THIS POLICY AND THE DISCLOSURE FORM ARE THEN PRESENTED AT THE DECEMBER MEETING TO TOWER BOARD MEMBERS. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE THE DISCLOSURE FORM AND THE FORMS ARE COLLECTED BY TOWER MANAGEMENT. IF THERE ARE ANY DISCLOSED CONFLICTS, THEY ARE ADDRESSED AT THE SUBSEQUENT AUDIT COMMITTEE MEETING AND PRESENTED TO THE BOARD AS APPROPRIATE.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION'S CEO, OFFICERS AND KEY EMPLOYEES ARE GENERALLY COMPENSATED BY SAN JOSE STATE UNIVERSITY, A RELATED ORGANIZATION OF THE TOWER FOUNDATION. THEREFORE, THE TOWER FOUNDATION HAS NOT ESTABLISHED COMPENSATION POLICIES FOR THESE INDIVIDUALS. HOWEVER, SAN JOSE STATE UNIVERSITY DETERMINES COMPENSATION FOR THE TOWER FOUNDATION'S CEO, OFFICERS AND KEY EMPLOYEES BASED ON REVIEW AND APPROVAL BY INDEPENDENT PERSONS AND COMPARABILITY DATA.
FORM 990, PART VI, SECTION C, LINE 19AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D:CSU POLICY REQUIRES THAT STIPEND PAYMENTS BY AN AUXILIARY TO A CSU EMPLOYEE BE MADE THROUGH THE AUXILIARY'S PAYROLL. ACCORDINGLY, SOME PAYMENTS MADE TO UNIVERSITY EMPLOYEES ON BEHALF OF SJSU ARE REFLECTED AS COMPENSATION FROM THE TOWER FOUNDATION ON FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D.
FORM 990, PART XI, LINE 9:UNCOLLECTIBLE PLEDGES -586,294.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION'S PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
SJSU TOWER REAL ESTATE FUND LLC
ONE WASHINGTON SQUARESAN JOSECA951920183999999999REAL ESTATE MANAGEMENTCA$0$0THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY
HILO PROJECT LLC
ONE WASHINGTON SQUARESAN JOSECA951920183263694655HOUSING INVESTMENTHI$0$0THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
SAN JOSE STATE UNIVERSITY
ONE WASHINGTON SQUARESAN JOSECA95192770414438EDUCATION INSTITUTECA115N/A0
ASSOCIATED STUDENTS OF SAN JOSE STATE UNIVERSITY
ONE WASHINGTON SQUARESAN JOSECA95192941156305AUX. SERVICESCA501(C)(3)Yes (1)LINE 5SAN JOSE STATE UNIVERSITY
SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION
ONE WASHINGTON SQUARESAN JOSECA95192946017638AUX. SERVICESCA501(C)(3)Yes (1)LINE 7SAN JOSE STATE UNIVERSITY
SPARTAN SHOPS INC
SJSU ONE WASHINGTON SQUARESAN JOSECA95192941392424AUX. SERVICESCA501(C)(3)Yes (1)LINE 12A, ISAN JOSE STATE UNIVERSITY
STUDENT UNION OF SAN JOSE STATE UNIVERSITY
ONE WASHINGTON SQUARESAN JOSECA95192942830732AUX. SERVICESCA501(C)(3)Yes (1)LINE 12C, III-FISAN JOSE STATE UNIVERSITY
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION
B$318,163CASH
ASSOCIATED STUDENTS SAN JOSE STATE UNIVERSITY
R$153,821CASH

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