2017-12-15T19:44:27-06:00 2017-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2016-07-01 956123757 CALIFORNIA STATE UNIVERSITY FOUNDATION CALI 5629514810 401 GOLDEN SHORE 6TH FLOOR LONG BEACH CA 90802 AARON J MOORE CFO 5629514810 2017-12-12 1 DONITA M JOSEPH P00286656 5624351191 2017-12-11 65.255.208.162 2017-12-12 10:45:24 PS P 751C6FB6282EAB93EAA6FE3AD67DF3F4CD0BD52A B7A4284442F57AE8126672F0B4075962432DFF91 2016 2018-03-14 21:41:22Z LORI REDFEARN 401 GOLDEN SHORE 6TH FLOOR LONG BEACH CA 90802 12355982 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. 19 18 1 18 -5987 -5987 3458264 5423211 4776 26228 152527 1095157 164002 131513 3779569 6676109 4683039 3795375 0 0 32603 32533 0 0 16545 577233 887636 5292875 4715544 -1513306 1960565 31553087 35965030 5690791 6282509 25862296 29682521 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 2879179 2879179 SUPPORT OF MAJOR CSU INITIATIVES SUCH AS IMPROVING THE GRADUATION RATE AND TEACHER PREPARATION THROUGH COLLABORATION WITH EXTERNAL FUNDERS. 988230 210566 26228 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. 705630 705630 THE CSU FOUNDATION PROVIDED $705,629.58 IN SCHOLARSHIPS TO 154 STUDENTS THROUGHOUT THE CSU SYSTEM. 4573039 1 1 0 0 0 0 0 0 1 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 X 19 18 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA WA X X ALICE KIM 5629514627 401 GOLDEN SHORE 6TH FLOOR LONG BEACH CA 90802 RONALD R BARHORST CHAIRMAN 1.00 X X 0 0 0 KRISTIN CRELLIN VICE CHAIR 1.00 X X 0 0 0 PETER BRIGHTBILL VICE CHAIR 1.00 X X 0 0 0 MONA C SIMPSON SECRETARY 1.00 X X 0 0 0 MICHAEL LIZARRAGA TREASURER 1.00 X X 0 0 0 HECTOR V BARRETO 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 30000 415686 131524 GARRETT P ASHLEY PRESIDENT 3.00 57.00 X 0 265047 90736 LORI A REDFEARN VICE PRESIDENT 8.00 32.00 X 0 183869 66313 AARON J MOORE CHIEF FINANCIAL OFFICER 16.00 24.00 X 0 100309 36229 30000 964911 324802 0 0 1 0 0 5423211 29920 5423211 MEETING REGISTRATION FEES 900099 26228 26228 26228 681003 -5987 686990 6094027 5679873 414154 414154 414154 ADMINISTRATIVE FEES 900099 112704 112704 MISCELLANEOUS 900099 18809 18809 131513 6676109 157741 -5987 1101144 3009745 3009745 785630 785630 30000 30000 2533 2533 5354 5354 32000 32000 15483 15483 151 151 1295 1295 165799 153833 11505 461 11371 3500 7871 29210 28882 328 547027 530093 11045 5889 6861 6861 FACULTY RELEASE TIME 20000 20000 COMMUNITY RELATIONS 6535 6285 250 46550 33776 10450 2324 4715544 4573039 125960 16545 1423086 1584044 1755270 605000 1600 9937 23563096 28409956 4664033 5226842 146002 129251 31553087 35965030 38209 44496 5431744 5965784 220838 272229 5690791 6282509 X 4173243 4552250 9120841 9942046 12568212 15188225 25862296 29682521 31553087 35965030 1960565 1865660 -6000 0 X 0 1 X 1 0 X 4889462 14716873 2157638 3458264 5423211 30645448 234868 235970 290523 258794 298944 1319099 5124330 14952843 2448161 3717058 5722155 31964547 13269523 18695024 452798 503996 1343566 409506 681003 3390869 5269 38173 123099 164002 131513 462056 35817472 134973 0.52200 0.57230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 19183856 2700731 2529395 783656 15420 23614906 19827878 723403 -594891 736666 35868 19183856 19539352 731715 209096 622564 29721 19827878 14361031 3377439 2240358 415185 24291 19539352 10933190 2666478 1111865 332110 18392 14361031 0.01000 0.65000 0.34000 0 0 0 VENTURE CAPITAL AND PARTNERSHIPS 107256 F ALTERNATIVE INVESTMENTS 5119586 F 5226842 OTHER PAYABLES 120299 ALUMNI COUNCIL LIABILITY 117577 STUDENT ASSOCIATION LIABILITY 747 OTHER CURRENT LIABILITIES 33606 272229 X 8825230 1865660 298944 2164604 6660626 15483 15483 6676109 5005005 304944 304944 4700061 15483 15483 4715544 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 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. 1 TRUSTEES OF THE CSU 401 GOLDEN SHORE LONG BEACH CA 90802 954601267 TRUSTEES OF THE CSU 2465360 SEE SCHEDULE I, PART IV TRUSTEES OF THE CSU (STATE HOUSE) 401 GOLDEN SHORE LONG BEACH CA 90802 954601267 TRUSTEES OF THE CSU 113577 STATE HOUSE MAINTENANCE AND OPERATIONS 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 API LEGISLATIVE CAUCUS INSTITUTE PO BOX 189488 SACRAMENTO CA 95818 202609319 501 (C) (3) 5000 2017 SPONSORSHIP BIOCOM INSTITUTE 10996 TORREYANA ROAD SUITE 200 SAN DIEGO CA 92121 261852884 501 (C) (3) 6000 SUPPORT PRODUCTION OF THE 2016 WORKFORCE TRENDS REPORT CALIFORNIA FORWARD 1107 9TH STREET SUITE 650 SACRAMENTO CA 95814 260566540 501 (C) (3) 5000 2016 CALIFORNIA ECONOMIC SUMMIT SPONSOR CALIFORNIA FORWARD 1107 9TH STREET SUITE 650 SACRAMENTO CA 95814 260566540 501 (C) (3) 5000 2017 CALIFORNIA ECONOMIC SUMMIT SPONSOR CALIFORNIA STATE UNIVERSITY BAKERSFIELD 9001 STOCKDALE HIGHWAY BAKERSFIELD CA 93311 770314545 501 (C) (3) 11500 SUMMER ALGEBRA INSTITUTE EXPANDED PROGRAM REIMBURSEMENT FOR PROJECT EXPENSES CHICANO LATINO YOUTH LEADERSHIP PROJECT INC PO BOX 161566 SACRAMENTO CA 95816 943069819 501 (C) (3) 20000 2017 PROGRAM SPONOSORSHIP CHICANO LATINO YOUTH LEADERSHIP PROJECT INC PO BOX 161566 SACRAMENTO CA 95816 943069819 501 (C) (3) 20000 2016 PROGRAM SPONSORSHIP COUNCIL OF ADVANCEMENT AND SUPPORT OF EDUCATION 1307 NEW YORK AVENUE NW SUITE 1000 WASHINGTON DC 20005 521012307 501 (C) (3) 25000 FOR THE DNA OF CAMPUS PHILANTHROPY PROJECT CSU CHANNEL ISLANDS ONE UNIVERSITY DRIVE CAMARILLO CA 93012 912153805 501 (C) (3) 20601 SUMMER MATH PROFESSIONAL DEVELOPMENT TRAININGS CSU DOMINGUEZ HILLS 1000 EAST VICTORIA STREET CARSON CA 90747 931043787 CSU DOMINGUEZ HILLS 15398 SUMMER MATH PROFESSIONAL DEVELOPMENT TRAININGS CSU FULLERTON 800 N STATE COLLEGE BOULEVARD FULLERTON CA 92831 330632102 501 (C) (3) 45000 SUBAWARD FOR THE BETTER TOGETHER TEACHER SUMMIT CSU FULLERTON AUXILIARY SERVICES CORP 2600 E NUTWOOD AVENUE SUITE 275 FULLERTON CA 92831 952081258 501 (C) (3) 47696 MATHEMATICS PROFESSIONAL DEVELOPMENT AND ONLINE PRE-SERVICES CURRICULUM PILOT CSU FULLERTON AUXILIARY SERVICES CORP 2600 E NUTWOOD AVENUE SUITE 275 FULLERTON CA 92831 952081258 501 (C) (3) 25000 SUBAWARD FOR THE BETTER TOGETHER TEACHER SUMMIT GREAT MINDS IN STEM 602 MONTEREY PASS ROAD MONTEREY PARK CA 91754 954577359 501 (C) (3) 10000 2017 CONFERENCE SPONSORSHIP GREAT MINDS IN STEM 602 MONTEREY PASS ROAD MONTEREY PARK CA 91754 954577359 501 (C) (3) 10000 2016 CONFERENCE SPONSORSHIP HISPANIC ASSOCIATION OF COLLEGES & UNIVERSITIES 8415 DATAPOINT DRIVE SUITE 400 SAN ANTONIO TX 78229 742466103 501 (C) (3) 10000 SPONSORSHIP NAFSA 1307 NEW YORK AVENUE NW 8TH FLOOR WASHINGTON DC 20005 131878953 501 (C) (3) 50000 ASSOCIATION OF INTERNATIONAL EDUCATORS CONFERENCE SPONSORSHIP NATIONAL ASSOC OF PRESIDENTIAL ASST PO BOX 41772 DES MOINES IA 50311 760379482 501 (C) (3) 5000 SPONSORSHIP CSU NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 501 (C) (3) 13287 REAL ESTATE PROGRAM IMPROVEMENT GRANT CALIFORNIA STATE POLYTECHNIC UNIVERSITY POMONA 3801 W TEMPLE AVENUE POMONA CA 91768 954255659 501 (C) (3) 7500 REAL ESTATE PROGRAM IMPROVEMENT GRANT SAN FRANCISCO STATE FOUNDATION 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 261169717 501 (C) (3) 20000 FOR SCHOLARSHIP ACCOUNT AT SFSU PER WANG AWARDEE REQUEST TELACU EDUCATION FOUNDATION 5400 E OLYMPIC BOULEVARD SUITE 300 LOS ANGELES CA 90022 954384333 501 (C) (3) 15000 SPONSORSHIP 21 SCHOLARSHIPS OR FINANCIAL ASSISTANCE 154 705630 STIPENDS TO FACULTY AND ADMINISTRATORS 4 80000 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 FULL-TIME ENROLLMENT DURING THE SCHOLARSHIP PERIOD THEREAFTER. SCHEDULE I, PART II, TRUSTEES OF THE CSU, COLUMN (H) 406,412.00 BECHTEL - SPONSORED PROGRAMS 89,000.00 COLLEGE FUTURE - SPONSORED PROGRAMS 400,000.00 CHEVRON GRANT - SPONSORED PROGRAMS 999,950.00 HELMSLEY CHARITABLE TRUST - SPONSORED PROGRAMS 500,000.00 JAMES IRVINE - SPONSORED PROGRAMS 45,000.00 STUART FOUNDATION - SPONSORED PROGRAMS 24,997.59 BOEING - SPONSORED PROGRAMS -------------- 2,465,359.59 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 30000 400546 0 0 0 15140 0 104382 0 27142 30000 547210 0 0 GARRETT P ASHLEY PRESIDENT 0 252495 0 0 0 12552 0 65634 0 25102 0 355783 0 0 LORI A REDFEARN VICE PRESIDENT 0 183697 0 0 0 172 0 47733 0 18580 0 250182 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. COMPENSATION POLICY: 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 AND ADVANCE THE UNIVERSITY'S MISSION. 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. X 25 5335 FMV X 385 FMV X AUGMENTED REALITY TECHNOLOGY 40 23960 FMV X GIFT BASKETS 3 240 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE AMENDED TO ADD AN ASSISTANT SECRETARY POSITION, CLARIFY THE ROLE OF THE TREASURER, STREAMLINE COMMITTEE MEMBER APPOINTMENT PROCESS, CLARIFY HOW BOARD MEMBERS MAY REQUEST COMMITTEE MINUTES, AND ADDED A SECTION ON THE PROCESS FOR REVISING THE BYLAWS. 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. 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