2019-02-15T20:45:39-06:00 2018-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2017-07-01 956123757 CALIFORNIA STATE UNIVERSITY FOUNDATION CALI 5629514810 401 GOLDEN SHORE 6TH FLOOR LONG BEACH CA 90802 AARON J MOORE CFO 5629514810 2019-02-15 1 DONITA M JOSEPH P00286656 5624351191 2019-02-14 66.215.11.242 2019-02-15 16:38:45 PS P 775A2711D1EE3D5BA0ABE46AED326317FF9873BE FAA4A87504889BA9051C5890A3D1561A7470D032 2017 2019-02-21 02:37:17Z LORI REDFEARN 401 GOLDEN SHORE 6TH FLOOR LONG BEACH CA 90802 14895351 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 1 20 1356 0 5423211 7629215 26228 25041 1095157 1722567 131513 164693 6676109 9541516 3795375 6433526 0 0 32533 16148 0 0 16826 887636 768699 4715544 7218373 1960565 2323143 35965030 39390827 6282509 6767376 29682521 32623451 X ESTABLISHED IN 1962, THE FOUNDATION IS THE CENTRAL FOUNDATION FOR THE 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 CALIFORNIA STATE UNIVERSITY FOUNDATION IS COMMITTED TO ENHANCING AND PROMOTING THE CALIFORNIA STATE UNIVERSITY (CSU) AS A LEADER OF VALUE AND QUALITY IN HIGHER EDUCATION. 0 0 5612076 5612076 SUPPORT OF MAJOR CSU INITIATIVES SUCH AS IMPROVING THE GRADUATION RATE AND TEACHER PREPARATION THROUGH COLLABORATION WITH EXTERNAL FUNDERS. 780465 141547 25041 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 OPERATING AND MAINTENANCE EXPENDITURES FOR THE STATE UNIVERSITY HOUSE. 679903 679903 THE CSU FOUNDATION PROVIDED SCHOLARSHIPS TO 157 STUDENTS THROUGHOUT THE CSU SYSTEM. 7072444 1 1 0 0 0 0 0 0 1 1 0 1 0 0 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 1 1 1 1 0 0 0 0 1 1 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 6TH FLOOR LONG BEACH CA 90802 RONALD R BARHORST CHAIR 1.00 X X 0 0 0 MICHAEL LIZARRAGA VICE CHAIR 1.00 X X 0 0 0 MONA C SIMPSON TREASURER 1.00 X X 0 0 0 KRISTIN CRELLIN SECRETARY 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 MICHAEL A LUCKI DIRECTOR 1.00 X 0 0 0 GEORGE M MARCUS DIRECTOR 1.00 X 0 0 0 KENNETH P MCNEELY DIRECTOR 1.00 X 0 0 0 RALPH R PESQUEIRA 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 RODNEY K SPACKMAN 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 TIMOTHY P WHITE EX-OFFICIO/CHANCELLOR 2.00 70.00 X 15000 426486 139608 GARRETT P ASHLEY PRESIDENT 3.00 57.00 X 0 269887 97322 LORI A REDFEARN VICE PRESIDENT 8.00 32.00 X 0 191410 73028 AARON J MOORE CHIEF FINANCIAL OFFICER 16.00 24.00 X 0 105153 40229 WENDY CHAVIRA GARCIA ASSISTANT SECRETARY 16.00 24.00 X 0 73257 37650 15000 1066193 387837 0 0 1 0 0 7629215 8139 7629215 MEETING REGISTRATION FEES 900099 25041 25041 25041 636267 636267 6440135 5353835 1086300 1086300 1086300 ADMINISTRATIVE FEES 900099 147784 147784 MISCELLANEOUS 900099 16909 15553 1356 164693 9541516 188378 1356 1722567 5653623 5653623 779903 779903 15000 15000 1148 1148 198 198 33200 33200 25109 25109 361573 343804 17769 OTHER EXPENSES 322890 295114 27776 FUNDRAISING 16826 16826 OVERHEAD 8903 8903 7218373 7072444 129103 16826 1584044 2127631 605000 1233636 9937 2000 28409956 30796687 5226842 5084436 129251 146437 35965030 39390827 44496 17448 5965784 6435493 272229 314435 6282509 6767376 X 4552250 4879264 9942046 12314558 15188225 15429629 29682521 32623451 35965030 39390827 2323143 617787 0 X 0 1 X 1 0 X 14716873 2157638 3458264 5423211 7629215 33385201 235970 290523 258794 298944 329797 1414028 14952843 2448161 3717058 5722155 7959012 34799229 15212478 19586751 503996 1343566 409506 681003 636267 3574338 1356 1356 38173 123099 164002 131513 163337 620124 38995047 111176 0.50230 0.52200 X 0 1 X 23614906 349777 1970775 714169 26021 125052 25070216 19183856 2700731 2529395 783656 15420 23614906 19827878 723403 -594891 736666 35868 19183856 19539352 731715 209096 622564 29721 19827878 14361031 3377439 2240358 415185 24291 19539352 0.01000 0.61000 0.38000 0 0 0 VENTURE CAPITAL AND PARTNERSHIPS 74432 F ALTERNATIVE INVESTMENTS 5010004 F 5084436 OTHER PAYABLES 122653 ALUMNI COUNCIL LIABILITY 116578 OTHER CURRENT LIABILITIES 75204 314435 X 10463991 617787 329797 947584 9516407 25109 25109 9541516 7523061 329797 329797 7193264 25109 25109 7218373 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. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ALUMNI RELATIONS EVENT 68188 0 0 0 0 0 0 68188 0 68188 0 0 0 0 0 0 1 TRUSTEES OF THE CSU 401 GOLDEN SHORE LONG BEACH CA 90802 954601267 TRUSTEES OF THE CSU 3174050 SEE SCHEDULE I, PART IV AMERICAN ASSOCIATION OF HISPANICS IN HIGHER EDUCATION 1120 S CADY MALL 1ST FLOOR TEMPE AZ 85287 300150324 501 (C) (3) 10000 AAHHE NATIONAL CONFERENCE SPONSORSHIP BIOCOM INSTITUTE 10996 TORREYANA ROAD SUITE 200 SAN DIEGO CA 92121 261852884 501 (C) (3) 6000 SUPPORT PRODUCTION OF THE WORKFORCE TRENDS REPORT CSU BAKERSFIELD 9001 STOCKDALE HIGHWAY BAKERSFIELD CA 93311 770314545 CSU BAKERSFIELD 9100 SUMMER ALGEBRA INSTITUTE EXPANDED PROGRAM REIMBURSEMENT FOR PROJECT EXPENSES CSU FULLERTON 800 N STATE COLLEGE BOULEVARD FULLERTON CA 92831 330632102 CSU FULLERTON 10000 SUBAWARD FOR THE BETTER TOGETHER TEACHER SUMMIT NATIONAL ASSOCIATION OF PRESIDENTIAL ASSISTANTS PO BOX 46282 MINNEAPOLIS MN 55446 760379482 501 (C) (3) 5000 CONFERENCE SPONSORSHIP CSU NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 CSU NORTHRIDGE 8456 RELUI PROGRAM SUPPORT CALIFORNIA STATE POLYTECHNIC UNIVERSITY POMONA 3801 W TEMPLE AVENUE POMONA CA 91768 954255659 501 (C) (3) 15700 US BANK RENAISSANCE SCHOLARSHIP PROGRAM TELACU EDUCATION FOUNDATION 5400 E OLYMPIC BOULEVARD SUITE 300 LOS ANGELES CA 90022 954384333 501 (C) (3) 15000 TRUSTEES CIRCLE SPONSORSHIP LEVEL CAL STATE LA UNIVERSITY AUXILIARY SERVICES 5151 STATE STREET UNIVERSITY DRIVE LOS ANGELES CA 90032 954016653 501 (C) (3) 453270 MELLON MAYS FELLOWSHIPS CSU DOMINGUEZ HILLS PHILANTHROPIC FOUNDATION 1000 EAST VICTORIA STREET CARSON CA 90747 473097839 501 (C) (3) 444980 MELLON MAYS FELLOWSHIPS CSU FULLERTON PHILANTHROPIC FOUNDATION 800 N STATE COLLEGE BOULEVARD FULLERTON CA 92831 330567945 501 (C) (3) 444470 MELLON MAYS FELLOWSHIPS CSU LONG BEACH RESEARCH FOUNDATION 6300 STATE UNIVERSITY DRIVE SUITE 332 LONG BEACH CA 90815 956106694 501 (C) (3) 442315 MELLON MAYS FELLOWSHIPS CSU SAN BERNARDINO 5500 STATE COLLEGE PARKWAY SAN BERNARDINO CA 92407 330644150 CSU SAN BERNARDINO 425965 MELLON MAYS FELLOWSHIPS CAL STATE LA FOUNDATION 5151 STATE STREET UNIVERSITY DRIVE LOS ANGELES CA 90032 954044252 501 (C) (3) 20000 ACE STUDY HONORARIUM FOUNDATION OF CSU MONTEREY BAY 100 CAMPUS CENTER SEASIDE CA 93955 800494808 501 (C) (3) 20000 ACE STUDY HONORARIUM CSU NORTHRIDGE FOUNDATION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 956196006 501 (C) (3) 20000 ACE STUDY HONORARIUM SACRAMENTO STATE UNIVERSITY ENTERPRISE INC 6000 J STREET SACRAMENTO CA 95819 941337638 501 (C) (3) 20000 ACE STUDY HONORARIUM CSU FULLERTON AUXILIARY SERVICES CORP 2600 E NUTWOOD AVENUE SUITE 275 FULLERTON CA 92831 952081258 501 (C) (3) 13834 RELUI PROGRAM SUPPORT CALIFORNIANS DEDICATED TO EDUCATION FOUNDATION 585 BROADWAY STREET REDWOOD CITY CA 94063 450676449 501 (C) (3) 10000 STEM SYMPOSIUM SPONSORSHIP API LEGISLATIVE CAUCUS INSTITUTE PO BOX 189488 SACRAMENTO CA 95818 202609319 501 (C) (3) 5000 SPONSORSHIP CSU FRESNO 5150 NORTH MAPLE AVENUE FRESNO CA 93740 946003272 CSU FRESNO 5000 INTEGRATED TEACHER EDUCATION PROJECT LA CHAMBER OF COMMERCE 350 S BIXEL STREET LOS ANGELES CA 90017 952597392 501 (C) (3) 5000 CASH FOR COLLEGE DEANS SCHOLARSHIP LA PROMISE FUND 202 W 1ST STREET 160 LOS ANGELES CA 90012 204562686 501 (C) (3) 5000 PROGRAM SUPPORT SONOMA STATE 1801 EAST COTATI AVENUE 102 ROHNERT PARK CA 94928 680338225 SONOMA STATE 5000 SONOMA FIRE VICTIMS FUND THE CALIFORNIA CENTER (DBA CAPITOL FOCUS) 1220 H STREET 102 SACRAMENTO CA 95814 237182049 501 (C) (3) 5000 SUSTAINING SPONSOR LEVEL THE MIDNIGHT MISSION 601 S SAN PEDRO STREET LOS ANGELES CA 90014 951691293 501 (C) (3) 5000 SPONSORSHIP HONORING ALI AND ANOUSHEH RAZI COLLEGE BRIDGE 15902 HALLIBURTON ROAD 243 HACIENDA HEIGHTS CA 91745 451215081 501 (C) (3) 38500 MATH PIPELINE READINESS PROJECT 21 SCHOLARSHIPS OR FINANCIAL ASSISTANCE 157 679903 STIPENDS TO FACULTY AND ADMINISTRATORS 5 100000 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) 400,000.00 CHEVRON GRANT - SPONSORED PROGRAMS 50,000.00 STUART FOUNDATION GRANT - SPONSORED PROGRAMS 39,400.00 EDISON GRANT - EXTERNAL RELATIONS 150,000.00 S.D. BECHTEL FOUNDATION GRANT - SPONSORED PROGRAMS 250,000.00 COLLEGE FUTURES FOUNDATION GRANT - SPONSORED PROGRAMS 25,000.00 CALIF. WELLNESS FOUNDATION GRANT - SPONSORED PROGRAMS 890,000.00 JAMES IRVINE FOUNDATION GRANT - SPONSORED PROGRAMS 1,000,000.00 LUMINA FOUNDATION GRANT - SPONSORED PROGRAMS 293,850.00 STUPSKI FOUNDATION GRANT - SPONSORED PROGRAMS 75,800.00 STATE UNIVERSITY HOUSE OPERATIONS ----------- 3,174,050.00 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 1 1 0 0 0 0 0 0 0 0 0 TIMOTHY P WHITE EX-OFFICIO/CHANCELLOR 15000 411403 0 0 0 15083 0 113606 0 26002 15000 566094 0 0 GARRETT P ASHLEY PRESIDENT 0 257335 0 0 0 12552 0 71320 0 26002 0 367209 0 0 LORI A REDFEARN VICE PRESIDENT 0 191272 0 0 0 138 0 53180 0 19848 0 264438 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. THIS OCCURS AN INFREQUENT AMOUNT OF TIMES DURING THE YEAR. 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. COMPENSATION PAID BY THE FOUNDATION TO THE CHANCELLOR IS REVIEWED AND APPROVED BY THE ENTITY'S BOARD OF GOVERNORS, INDEPENDENT OF THE COMPENSATED ENTITY. THE PAYMENT OF THIS SUPPLEMENTAL COMPENSATION ENDED 12/31/17 BY RESOLUTION OF THE CSU BOARD OF TRUSTEES. 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. ADDITIONALLY, AS OF JANUARY 1, 2018, A PRESIDENT'S SALARY CAN 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. PART II, LINES 1,2, AND 3 THE CHANCELLOR, PRESIDENT OF THE CSU FOUNDATION, AND VICE PRESIDENT 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 COMPENSATION PAID BY THE FOUNDATION TO THE CHANCELLOR IS REVIEWED AND APPROVED BY THE ENTITY'S BOARD OF GOVERNORS, INDEPENDENT OF THE COMPENSATED ENTITY. THE PAYMENT OF THIS SUPPLEMENTAL COMPENSATION ENDED 12/31/17 BY RESOLUTION OF THE CSU BOARD OF TRUSTEES. 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 6TH FLOOR LONG BEACH CA 90802 954601267 EDUCATION CA N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0