2020-12-17T21:41:17-06:00 2020-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2019-07-01 956123757 CALIFORNIA STATE UNIVERSITY FOUNDATION CALI 5629514810 401 GOLDEN SHORE LONG BEACH CA 90802 AARON J MOORE CFO 5629514810 2020-12-14 1 DONITA M JOSEPH P00286656 5624351191 2020-12-14 2019 2022-09-23 18:48:47Z GARRETT P ASHLEY 401 GOLDEN SHORE LONG BEACH CA 90802 46561234 0 X HTTP://WWW.CALSTATE.EDU/FOUNDATION/ X 1962 CA THE MISSION OF THE CALIFORNIA STATE UNIVERSITY FOUNDATION IS TO ENHANCE THE EDUCATIONAL EXCELLENCE OF THE CALIFORNIA STATE UNIVERSITY IN TEACHING, LEARNING, COMMUNITY SERVICE, AND APPLIED RESEARCH. 18 17 0 17 -32326 -32326 9217533 7081783 24867 1400 1406315 1375008 155266 170755 10803981 8628946 5516595 8284964 0 0 0 0 0 0 13036 1092403 660772 6608998 8945736 4194983 -316790 44675277 43844906 8343196 7978396 36332081 35866510 X ESTABLISHED IN 1962, THE FOUNDATION IS THE CENTRAL FOUNDATION FOR THE CALIFORNIA STATE UNIVERSITY (CSU) SYSTEM AND SERVES THE OFFICE OF THE CHANCELLOR. THE FOUNDATION EXISTS TO SUPPORT EXCELLENCE IN TEACHING AND LEARNING, AND TO SERVE THE NATIONAL, STATE AND REGIONAL INTERESTS OF THE UNIVERSITY. THE CSU FOUNDATION IS COMMITTED TO ENHANCING AND PROMOTING THE CSU AS A LEADER OF VALUE AND QUALITY IN HIGHER EDUCATION. 0 0 3909314 3909314 SUPPORT OF MAJOR CSU INITIATIVES SUCH AS IMPROVING THE GRADUATION RATE AND TEACHER PREPARATION THROUGH COLLABORATION WITH EXTERNAL FUNDERS. 750899 209407 1400 THE CSU FOUNDATION SUPPORTED THE EDUCATIONAL AND GOVERNANCE ACTIVITIES OF THE 23 UNIVERSITY CAMPUSES, THROUGH REGULAR MEETINGS OF ITS TRUSTEES, PRESIDENTS, EMPLOYEES, AND ALUMNI LEADERS AS WELL AS PROVIDING EMPLOYEE RECOGNITION. THIS ALSO INCLUDES EXECUTIVE HOUSING SUPPORT TO THE UNIVERSITY. 4166244 4166244 THE CSU FOUNDATION PROVIDED SCHOLARSHIPS TO 556 STUDENTS THROUGHOUT THE CSU SYSTEM. 8826457 1 1 0 1 0 0 0 0 1 1 0 1 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X ALICE KIM 5629514627 401 GOLDEN SHORE LONG BEACH CA 90802 RONALD R BARHORST CHAIR 1.00 X X 0 0 0 KRISTIN CRELLIN SECRETARY 1.00 X X 0 0 0 MICHAEL A LUCKI TREASURER 1.00 X X 0 0 0 MICHAEL LIZARRAGA VICE CHAIR 1.00 X X 0 0 0 HECTOR V BARRETO DIRECTOR 1.00 X 0 0 0 PETER BRIGHTBILL DIRECTOR 1.00 X 0 0 0 RONALD FONG DIRECTOR 1.00 X 0 0 0 GEORGE M MARCUS DIRECTOR 1.00 X 0 0 0 ALI C RAZI DIRECTOR 1.00 X 0 0 0 SHARI M SLATE DIRECTOR 1.00 X 0 0 0 KERI ASKEW BAILEY DIRECTOR 1.00 X 0 0 0 JACQUELINE TRAPP DIRECTOR 1.00 X 0 0 0 DONNA UCHIDA DIRECTOR 1.00 X 0 0 0 GADDI H VASQUEZ DIRECTOR 1.00 X 0 0 0 SCOTT WELLS DIRECTOR 1.00 X 0 0 0 GILLIAN A WRIGHT DIRECTOR 1.00 X 0 0 0 HENRY T PEREA DIRECTOR 1.00 X 0 0 0 TIMOTHY P WHITE EX-OFFICIO/CHANCELLOR 2.00 70.00 X 0 584818 170015 GARRETT P ASHLEY PRESIDENT 3.00 57.00 X 0 311268 116852 LORI A REDFEARN VICE PRESIDENT 8.00 32.00 X 0 209129 84041 AARON J MOORE CHIEF FINANCIAL OFFICER 16.00 24.00 X 0 114983 50587 WENDY CHAVIRA GARCIA ASSISTANT SECRETARY 16.00 24.00 X 0 89106 47508 0 1309304 469003 0 0 1 0 0 556251 6525532 375 7081783 MEETING REGISTRATION FEES 900099 1400 1400 1400 521390 -32326 553716 38785906 37932288 853618 853618 853618 ADMINISTRATIVE FEES 900099 161653 161653 MISCELLANEOUS 900099 9102 9102 170755 8628946 172155 -32326 1407334 4035720 4035720 4249244 4249244 1313 1313 36850 36850 24378 24378 5016 5016 11298 9040 2258 480 480 38960 38960 308457 305799 2658 6036 6036 OTHER EXPENSES 214948 182678 32270 FUNDRAISING 13036 13036 8945736 8826457 106243 13036 5218176 1913207 2035881 1328631 240 48098 22327888 24817360 7206186 7810789 7886906 7926821 44675277 43844906 418920 3420 7924276 7974976 8343196 7978396 X 4995850 5326687 31336231 30539823 36332081 35866510 44675277 43844906 -316790 -154781 6000 0 X 0 1 X 1 0 X 3458264 5423211 7629215 9217533 7087783 32816006 258794 298944 329797 357741 396516 1641792 3717058 5722155 7959012 9575274 7484299 34457798 11286466 23171332 409506 681003 636267 724544 553716 3005036 1356 38415 0 39771 164002 131513 163337 155266 170755 784873 38287478 82312 0.60520 0.54840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40000 0 0 0 0 0 0 0 1 40000 0 0 0 40000 0 PART I-A, LINE 1: SUPPORT OF PROPOSITION 13: PUBLIC PRESCHOOL, K-12, AND COLLEGE HEALTH AND SAFETY BOND ACT OF 2020. THE BOND ON THE MARCH 3, 2020 BALLOT SUPPORTS CONSTRUCTION AND MODERNIZATION OF PUBLIC SCHOOLS AND UNIVERSITIES. THE CSU BOARD OF TRUSTEES ENDORSED AB 48 WHICH PUT THE BOND ON THE BALLOT AND WAS SUBSEQUENTLY SIGNED BY THE GOVERNOR. 0 1 X 25106297 2736359 1044268 895065 4143 159531 27828185 25070216 321271 781457 891499 20019 155129 25106297 23614906 349777 1970775 714169 26021 125052 25070216 19183856 2700731 2529395 783656 15420 23614906 19827878 723403 -594891 736666 35868 19183856 0.01000 0.57000 0.42000 0 0 0 VENTURE CAPITAL AND PARTNERSHIPS 37739 F ALTERNATIVE INVESTMENTS 7773050 F 7810789 CRUT RECEIVABLES 122293 OTHER CURRENT ASSETS 65543 CHARITABLE GIFT ANNUITY 7738985 7926821 OTHER PAYABLES 122293 ALUMNI COUNCIL LIABILITY 113698 CHARITABLE GIFT ANNUITY 7738985 7974976 X 8852302 -154781 402516 247735 8604567 24378 24378 8628945 9317873 396516 396516 8921357 24378 24378 8945735 PART IV, LINE 2B: THE FOUNDATION ADMINISTERS CHARITABLE GIFT ANNUITIES FOR VARIOUS CALIFORNIA STATE UNIVERSITY (CSU) CAMPUSES. THE FOUNDATION ACTS AS AN INTERMEDIARY FOR THE CAMPUSES AND ADMINISTERS THE CHARITABLE GIFT ANNUITIES FOR AN AGREED-UPON PERCENTAGE OF THE RESIDUUM. PART V, LINE 4: EACH OF THE FOUNDATION'S ENDOWMENTS HAS BEEN ESTABLISHED TO SUPPORT A SCHOLARSHIP OR PROGRAM FUND RECORDED IN TEMPORARILY RESTRICTED NET ASSETS. PART V, LINE 1F: FOR 2017-18, THE CSU FOUNDATION CHANGED WHAT ITEMS ARE INCLUDED IN ADMINISTRATIVE EXPENSES FOR ENDOWMENTS. IN PRIOR YEARS, ONLY INVESTMENT MANAGEMENT FEES WERE INCLUDED. BEGINNING IN 2017-18, WE ALSO INCLUDED OUR INTERNAL ENDOWMENT MANAGEMENT FEE OF 0.50% CHARGED TO EACH ENDOWMENT ANNUALLY TO FUND THE ADMINISTRATIVE COSTS INCURRED BY THE FOUNDATION FOR MANAGING THE ENDOWMENT. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS OF TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ALUMNI RECEPTION SPONSORSHIP REVENUE 9172 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ALUMNI RECEPTION EXPENSES 25116 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE ALUMNI RECEPTION EXPENSES 33344 0 0 0 0 0 0 67632 0 67632 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 TRUSTEES OF THE CSU 401 GOLDEN SHORE LONG BEACH CA 90802 912155587 TRUSTEES OF THE CSU 3578080 SEE SCHEDULE I, PART IV A2MEND PO BOX 151 ELK GROVE CA 95759 711037144 501(C)(4) 7500 SPONSORSHIP OF THE A2MEND'S 13TH ANNUAL AFRICAN AMERICAN MALE SUMMIT AMERICAN LEADERSHIP FORUM MOUNTAIN VALLEY CHAPTER 601 UNIVERSITY AVE SUITE 127 SACRAMENTO CA 95825 911792774 501(C)(3) 5000 2019 EXEMPLARY LEADERS AWARDS DINNER SPONSORSHIP ASIAN AND PACIFIC AMERICANS IN HIGHER ED (APAHE) 1113 PEACH STREET ALAMEDA CA 94501 943117122 501(C)(3) 5000 2020 APAHE NATIONAL CONFERENCE SPONSORSHIP CALIFORNIA API LEGISLATIVE CAUCUS 1514 PINNACLES STREET DAVIS CA 95616 202609319 501(C)(3) 5000 SPONSORSHIP OF TWO EVENTS HOSTED BY THE CAUCUS AT $2,500 EACH. CALIFORNIA CENTER FOR CIVIC PARTICIPATION 1220 H STREET SUITE 102 SACRAMENTO CA 95814 237182049 501(C)(3) 5000 CALIFORNIA ROAST SPONSORSHIP BENEFITTING YOUTH THROUGHOUT CALIFORNIA CAL POLY POMONA FOUNDATION INC 3801 W TEMPLE AVENUE BLDG 55 POMONA CA 91768 952417645 501(C)(3) 15000 US BANK GRANT FUNDS TO CAL POLY POMONA FOR THE RENAISSANCE SCHOLARS PROGRAM CALIFORNIANS DEDICATED TO EDUCATION FOUNDATION 11501 DUBLIN BLVD SUITE 200 DUBLIN CA 94568 450676449 501(C)(3) 10000 2019 CA STEAM SYMPOSIUM SPONSORSHIP CHICANO LATINO YOUTH LEADERSHIP PROJECT PO BOX 161566 SACRAMENTO CA 95816 943069819 501(C)(3) 20000 GOLD LEVEL SPONSORSHIP FOR THE ANNUAL CLYLP FUNDRAISER CSU FRESNO FOUNDATION 4910 N CHESTNUT AVE FRESNO CA 93726 946003272 501(C)(3) 5000 19-20 REAL ESTATE PROGRAM IMPROVEMENT GRANTS FROM THE REAL ESTATE & LAND USE INSTITUTE CSU SACRAMENTO 6000 J STREET SACRAMENTO CA 95819 680365325 CSU SACRAMENTO 18500 WELLS FARGO GIFT TOWARD BASIC NEEDS SURVEY AND CASE STUDY; TEACHER RESIDENCY ADMINISTRATIVE COSTS CAL STATE LA UNIVERSITY AUXILIARY SERVICES INC 5151 STATE UNIVERSITY DRIVE LOS ANGELES CA 90032 954016653 501(C)(3) 6700 19-20 REAL ESTATE PROGRAM IMPROVEMENT GRANTS FROM THE REAL ESTATE & LAND USE INSTITUTE CSULB 49ER FOUNDATION 6300 E STATE UNIVERSITY DR STE 332 LONG BEACH CA 90815 452163910 501(C)(3) 10000 WEINGART FOUNDATION BOARD GIFT FOR THE CSU BASIC NEEDS RESEARCH CENTER FOR STUDENT EMPLOYEMENT CSUN FOUNDATION 18111 NORDHOFF ST UNIVERSITY HALL 110 NORTHRIDGE CA 91330 956196006 501(C)(3) 95923 TRANSFER OF EDISON GRANT FUNDS - MATH PREPARATION READINESS PROGRAM & 19-20 REAL ESTATE PROGRAM IMPROVEMENT GRANTS FROM THE REAL ESTATE & LAND USE INSTITUTE CSUSB PHILANTHROPIC FOUNDATION 5500 UNIVERSITY PARKWAY SAN BERNARDINO CA 92407 452255077 501(C)(3) 17000 GIFT FROM WANG AWARD RECIPIENT BRIAN LEVIN GREAT MINDS IN STEM 2465 W WHITTIER BLVD STE 202 MONTEBELLO CA 90640 954577359 501(C)(3) 10000 SPONSORSHIP OF THE 2019 HENAAC 31ST ANNUAL GREAT MINDS IN STEM CONFERENCE NAPAHE PO BOX 10390 CONWAY AR 72034 760379482 501(C)(3) 5000 2020 NATIONAL ASSOCIATION OF PRESIDENTIAL ASSISTANTS IN HIGHER EDUCATION CONFERENCE SPONSORSHIP ORANGE COUNTY VISITORS ASSOCIATION 19200 VON KARMAN AVE IRVINE CA 92612 330872097 501(C)(4) 6000 GOLD LEVEL SPONSORSHIP SDSU FOUNDATION 5250 CAMPANILE DRIVE SAN DIEGO CA 92182 956042721 501(C)(3) 22000 EDISON GIFT FOR MATH CURRICULUM DEVELOPMENT TELACU EDUCATION FOUNDATION 5400 E OLYMPIC BLVD STE 300 COMMERCE CA 90022 954384333 501(C)(3) 15000 SPONSORSHIP OF TELACU'S BUILDING THE DREAM GALA UMOJA COMMUNITY EDUCATION FOUNDATION PO BOX 188067 SACRAMENTO CA 95818 473202014 501(C)(3) 5000 UMOJA XV CONFERENCE SPONSORSHIP YOUTH 2 LEADERS EDUCATION FOUNDATION PO BOX 9051 BAKERSFIELD CA 93301 770398516 501(C)(3) 18000 SUMMER ALTERNATIVE MATH ENRICHMENT PROGRAM SPONSORSHIP CALIFORNIA LIFE SCIENCES INSTITUTE 701 GATEWAY BLVD SUITE 440 SOUTH SAN FRANCISCO CA 94080 943118621 501(C)(3) 6000 CLSI 2020 CALIFORNIA WORKFORCE TRENDS REPORT SPONSORSHIP SONOMA STATE UNIVERSITY 1801 EAST COTATI AVENUE ROHNERT PARK CA 94928 680338225 SONOMA STATE UNIVERS 21000 FACULTY FELLOWSHIPS (2) FOR THE TEACHINGWORKS-CSU METHODS COURSE FELLOWSHIP COLLEGE BRIDGE 15902 HALLIBURTO ROAD SUITE 243 HACIENDA HEIGHTS CA 91745 451215081 501(C)(3) 23250 EDISON MATH PREP READINESS CALIFORNIA COALITION FOR PUBLIC HIGHER EDUCATIONEDUCATION FUND 638 LINDERO CANYON ROAD 101 OAK PARK CA 91377 473237869 501(C)(4) 15000 SUPPORT TO PLACE HIGHER EDUCATION FACILITIES BOND ON 2020 BALLOT CALIFORNIA COALITION FOR PUBLIC HIGHER EDUCATION ISSUES COMMITTEE 638 LINDERO CANYON ROAD 263 OAK PARK CA 91377 452426122 501(C)(4) 25000 SUPPORT OF PROPOSITION 13: PUBLIC PRESCHOOL, K-12, AND COLLEGE HEALTH AND SAFETY BOND ACT OF 2020 20 SCHOLARSHIPS OR FINANCIAL ASSISTANCE 556 4166244 STIPENDS TO FACULTY AND ADMINISTRATORS 5 83000 PART I, LINE 2: THE CSU FOUNDATION RECEIVES FUNDS FROM FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS TO MAKE GRANTS AND GIVE OTHER ASSISTANCE TO DOMESTIC ENTITIES. IN THESE CASES WE ADHERE TO THE ELIGIBILITY AND STANDARDS STIPULATED BY THE FUNDING SOURCES. WE ALSO PROVIDE SCHOLARSHIPS TO DOMESTIC INDIVIDUALS, AND ARE GUIDED BY THE SCHOLARSHIP FUNDING SOURCES ON THE ELIGIBILITY STANDARDS THEY ESTABLISH. IN COLLABORATION WITH FINANCIAL AID OFFICERS, WE REVIEW THE MATERIALS UPON SUBMISSION, AND ONCE SATISFIED THAT REQUIREMENTS ARE MET, MAKE SELECTIONS. THE FINANCIAL AID OFFICES ARE RESPONSIBLE FOR SEEING THAT STUDENTS MAINTAIN ENROLLMENT DURING THE SCHOLARSHIP PERIOD THEREAFTER. SCHEDULE I, PART II, TRUSTEES OF THE CSU, COLUMN (H) 2,000,000.00 COLLEGE FUTURES FOUNDATION GRANT - SPONSORED PROGRAMS 556,251.00 CA DEPT. OF WATER RESOURCES GRANT - SPONSORED PROGRAMS 500,000.00 BILL AND MELINDA GATES GRANT - SPONSORED PROGRAMS 250,000.00 LUMINA FOUNDATION GRANT - SPONSORED PROGRAMS 127,820.00 S.D. BECHTEL FOUNDATION GRANT - SPONSORED PROGRAMS 95,004.00 EXECUTIVE HOUSING SUPPORT 25,000.00 SILVER GIVING FOUNDATION GRANT - SPONSORED PROGRAMS 17,235.00 HR CONFERENCE FUNDS 6,770.00 CSU COMMUNICATORS FORUM ------------ 3,578,080.00 SCHEDULE I, PART III CSU FOUNDATION ADHERES TO THE STANDARDS AND REPORTING REQUIREMENTS STIPULATED BY THE FUNDING SOURCES FOR GRANTS TO DOMESTIC ENTITIES AND FOR SCHOLARSHIPS TO DOMESTIC INDIVIDUALS. X X 1 1 0 0 0 0 0 0 0 0 0 TIMOTHY P WHITE EX-OFFICIO/CHANCELLOR 0 464454 0 0 0 120364 0 140888 0 29127 0 754833 0 0 GARRETT P ASHLEY PRESIDENT 0 298716 0 0 0 12552 0 90375 0 26477 0 428120 0 0 LORI A REDFEARN VICE PRESIDENT 0 208871 0 0 0 258 0 63445 0 20596 0 293170 0 0 AARON J MOORE CHIEF FINANCIAL OFFICER 0 114929 0 0 0 54 0 35315 0 15272 0 165570 0 0 PART I, LINE 1A AT THE CHANCELLOR'S DISCRETION, EXECUTIVE STAFF MAY BE REIMBURSED FOR SPOUSAL TRAVEL EXPENDITURES WHEN THE SPOUSE PERFORMS OFFICIAL CSU DUTIES AND THE SPOUSE IS REGISTERED AS A CSU VOLUNTEER. IN ADDITION, AT ITS MEETING ON NOVEMBER 13-14, 2018, THE CSU BOARD OF TRUSTEES PASSED A RESOLUTION STATING: "THE CHANCELLOR SHALL RECEIVE A $7,917 MONTHLY HOUSING ALLOWANCE OF NON-STATE FUNDS TO SUPPLEMENT THE COST OF A RESIDENCE. THESE FUNDS ARE TO BE PAID BY THE FOUNDATION ENDOWMENT CREATED THROUGH AN ORIGINAL DONOR GIFT TO SUPPORT THE HOUSING AND HOSPITALITY-RELATED FUNCTIONS FOR THE CHANCELLOR OF THE CALIFORNIA STATE UNIVERSITY AND SUPPLEMENTED BY THE PROCEEDS OF THE SALE OF THE STATE UNIVERSITY HOUSE LOCATED IN LONG BEACH." PART I, LINE 1B THE CSU FOUNDATION ABIDES BY RESTRICTIONS OUTLINED IN THE INTEGRATED ADMINISTRATIVE MANUAL - HOSPITALITY POLICY, WHICH REQUIRES THAT THERE BE SUBSTANTIATION BEFORE EXPENSES OF AN INSIDER ARE REIMBURSED. PART I, LINE 3 THE CEO RECEIVES COMPENSATION FROM THE CALIFORNIA STATE UNIVERSITY, A RELATED ORGANIZATION. THIS COMPENSATION IS SET BY THE CALIFORNIA STATE UNIVERSITY BOARD OF TRUSTEES AND HIS ROLE AS CEO OF THE CSU FOUNDATION IS AFFIRMED BY THE CSU FOUNDATION BOARD OF GOVERNORS. THE CEO RECEIVES NO COMPENSATION FROM THE CSU FOUNDATION. BOARD OF TRUSTEES POLICY ON COMPENSATION SCOPE THIS POLICY GOVERNS COMPENSATION FOR ALL CALIFORNIA STATE UNIVERSITY (CSU) EMPLOYEES. GUIDING PRINCIPLES IT IS THE INTENT OF THE BOARD OF TRUSTEES TO COMPENSATE ALL CSU EMPLOYEES IN A MANNER THAT IS FAIR, REASONABLE, COMPETITIVE, AND FISCALLY PRUDENT IN RESPECT TO SYSTEM BUDGET AND STATE FUNDING. THE GOAL OF THE CSU CONTINUES TO BE TO ATTRACT, MOTIVATE, AND RETAIN THE MOST HIGHLY QUALIFIED INDIVIDUALS TO SERVE AS FACULTY, STAFF, AND EXECUTIVES, WHOSE KNOWLEDGE, EXPERIENCE, AND CONTRIBUTIONS CAN ADVANCE THE UNIVERSITY'S MISSION. THE CSU ADHERES TO COMPENSATION PRACTICES THAT ARE FAIR AND EQUITABLE IN DESIGN, APPLICATION, AND DELIVERY. IMPLEMENTATION THE CSU WILL CONSISTENTLY EVALUATE COMPETITIVE AND FAIR COMPENSATION FOR ALL EMPLOYEES BASED ON PERIODIC MARKET COMPARISON SURVEYS AND THE DEPTH OF SKILL AND EXPERIENCE OF AN INDIVIDUAL EMPLOYEE. IN ADDITION, THE CSU WILL MAINTAIN AND UPDATE ANNUALLY A TIERED LIST OF CSU COMPARISON INSTITUTIONS FOR APPLICABLE EMPLOYEE GROUPS. THE LIST MAY TAKE INTO ACCOUNT GEOGRAPHIC LOCATION, ENROLLMENT, PERCENT OF PELL ELIGIBLE STUDENTS, BUDGET, RESEARCH FUNDING, AND SUCH OTHER VARIABLES AS DEEMED APPROPRIATE. COMPENSATION WILL BE GUIDED WITH REFERENCE TO THE MEAN AND/OR MEDIAN OF THE APPROPRIATE TIER OF COMPARISON INSTITUTIONS, TOGETHER WITH AN INDIVIDUAL'S REPUTATION, AND LENGTH, DEPTH AND EFFECTIVENESS OF APPLICABLE EXPERIENCE, AND OTHER MERITORIOUS ACHIEVEMENT AND CONTRIBUTIONS TO THE SUCCESS OF THE CSU. THE COMPENSATION SYSTEM FOR THE CSU SHALL (A) BE ADMINISTERED IN A MANNER THAT COMPLIES WITH ALL APPLICABLE FEDERAL, STATE, AND LOCAL REGULATIONS AND LAWS, AND (B) BE CONSISTENT WITH APPLICABLE ADMINISTRATIVE POLICIES, RULES AND COLLECTIVE BARGAINING AGREEMENTS. PRESIDENTIAL COMPENSATION WHEN A PRESIDENTIAL VACANCY OCCURS, THE SUCCESSOR PRESIDENT'S SALARY SHOULD NOT EXCEED THE INCUMBENT'S SALARY BY MORE THAN 10%. ANY AMOUNT IN EXCESS OF THE INCUMBENT'S SALARY SHALL BE BASED UPON CRITERIA SUCH AS EXTRAORDINARY CIRCUMSTANCES, KNOWLEDGE AND/OR EXPERIENCE OR ABILITY TO CONTRIBUTE TO AND ADVANCE THE UNIVERSITY'S MISSION, AND MARKET CONDITIONS. A PRESIDENT'S SALARY MAY ONLY BE FUNDED WITH STATE FUNDS. THE CHANCELLOR SHALL HAVE AUTHORITY TO NEGOTIATE RECOMMENDED STARTING SALARIES FOR PRESIDENTS. THE CHANCELLOR SHALL PRESENT THE RECOMMENDED SALARY TO THE BOARD OF TRUSTEES FOR APPROVAL. PRESIDENTIAL SALARY ASSESSMENT: CURRENTLY, THE POLICIES AND PROCEDURES FOR REVIEW OF PRESIDENTS REQUIRE ANNUAL REVIEWS WITH THE CHANCELLOR AND TRIENNIAL REVIEWS BY THE BOARD OF TRUSTEES. IN THESE REVIEWS, THE PRESIDENT'S PERFORMANCE IS REVIEWED AGAINST THE GOALS AND CRITERIA FOR LEADERSHIP EXPECTATIONS. EFFECTIVE WITH BOARD OF TRUSTEES REVIEWS OCCURRING IN 2020 AND BEYOND, A PRESIDENTIAL SALARY ASSESSMENT WILL ALSO BE CONDUCTED THAT CONSIDERS PRESIDENTIAL PERFORMANCE, THE MARKET DATA AND MAKES RECOMMENDATIONS TO THE TRUSTEES IF A COMPENSATION ADJUSTMENT MAY BE WARRANTED. A SALARY ADJUSTMENT DURING TRIENNIAL PERFORMANCE REVIEWS DOES NOT PROHIBIT THE INCUMBENT FROM BEING ELIGIBLE FOR THE ANNUAL MERIT INCREASE PROGRAM AS PROVIDED TO OTHER NON-REPRESENTED EMPLOYEES. THE BOARD RETAINS THE RIGHT TO MAKE ADJUSTMENTS AS NECESSARY AT OTHER TIMES FOR A PRESIDENT WHEN A SIGNIFICANT EQUITY OR RETENTION ISSUE IS IDENTIFIED. THE CHANCELLOR SHALL RECOMMEND PRESIDENTIAL SALARY ADJUSTMENTS TO THE TRUSTEES FOR APPROVAL. PART II, LINES 1, 2, 3, AND 4 THE CHANCELLOR, PRESIDENT OF THE CSU FOUNDATION, VICE PRESIDENT OF THE CSU FOUNDATION, AND CHIEF FINANCIAL OFFICER OF THE CSU FOUNDATION RECEIVE COMPENSATION FROM THE CALIFORNIA STATE UNIVERSITY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR THE REVIEW AND APPROVAL OF THE ORGANIZATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A FINAL COPY OF THE FORM 990 WILL BE FORWARDED TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY CSU STAFF ARE ANNUALLY ASKED TO REVIEW AND AFFIRM THAT THEY HAVE NO CONFLICTS OF INTEREST AS DESCRIBED IN THE CONFLICT OF INTEREST POLICY STATEMENT. UPON THE IDENTIFICATION OF ANY CONFLICT, THE INFORMATION IS THEN FORWARDED TO THE EXECUTIVES OF THE BOARD AND APPROPRIATE ACTION IS TAKEN. THIS ACTION MAY RANGE FROM THE BOARD NOT APPROVING A CONTRACT BASED ON POTENTIAL CONFLICT TO REMOVAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE ENTITY DOES NOT HAVE A PROCESS FOR DETERMINING COMPENSATION FOR THE TOP MANAGAGEMENT OFFICIAL, OFFICERS, OR KEY EMPLOYEES AS THESE EMPLOYEES ARE NOT COMPENSATED BY THE ENTITY. THE ENTITY HAS NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, THE ARTICLES OF INCORPORATION, THE BYLAWS, THE IRS DETERMINATION LETTER, THE AUDITED FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON THE FOLLOWING WEBSITE: HTTP://WWW.CALSTATE.EDU/FOUNDATION/ CALIFORNIA STATE UNIVERSITY 401 GOLDEN SHORE LONG BEACH CA 90802 954601267 EDUCATION CA N/A 0 CHARITABLE REMAINDER UNITRUSTS (23) CA T 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0