2016-01-25T16:27:14-06:00 2014-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2013-07-01 452163910 CSULB 49ER FOUNDATION CSUL 5629855778 6300 E STATE UNIVERSITY DR NO 332 LONG BEACH CA 90815 MARY STEPHENS CFO & TREASURER 5629855778 2016-01-25 1 DONITA M JOSEPH P00286656 5624351191 2016-01-25 2013 2016-04-25 22:37:26Z X ANDREA TAYLOR 6300 E STATE UNIVERSITY DR NO 332 LONG BEACH CA 90815 29345006 0 X WWW.CSULB.EDU/SITES/49ERFOUNDATION/ X 2010 CA RECEIVE CHARITABLE GIFTS ON BEHALF OF CALIFORNIA STATE UNIVERSITY, LONG BEACH; INVEST AND MANAGE THE FUNDS CONTRIBUTED; INVEST THE ENDOWED FUNDS TO SUPPORT CURRENT ACTIVITIES AND ENSURE INTERGENERATIONAL SUPPORT FOR THE SPECIFIC PURPOSES THE DONOR INDICATED. 22 17 0 19 0 0 10144633 7319952 838309 896639 932576 1075690 2780 494 11918298 9292775 5702764 2525678 0 0 637702 0 0 0 1073836 1531487 3320854 7871953 5846532 4046345 3446243 62415722 74933001 218065 1407296 62197657 73525705 X THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PROMOTE AND ASSIST THE CALIFORNIA STATE UNIVERSITY, LONG BEACH ("CSULB") TO RECEIVE GIFTS, PROPERTY, AND FUNDS TO BE USED FOR THE BENEFIT OF CSULB, BY THE FOLLOWING: A) FOSTER, ENCOURAGE AND PROMOTE THE TEACHING, RESEARCH AND PUBLIC SERVICE ACTIVITIES OF CSULB; (B) PROMOTE PHILANTHROPY IN SUPPORT OF CSULB; (C) PROMOTE A GREATER AND BETTER UNDERSTANDING IN THE COMMUNITY OF CSULB'S PROPER ROLE, ITS POLICIES AND AFFAIRS, AND ITS DEVELOPMENT NEEDS; (D) PROVIDE FINANCIAL ASSISTANCE BY ALLOCATIONS, GIFTS AND OTHER MEANS TO CSULB, ITS SUPPORT GROUPS, UNDERGRADUATE AND GRADUATE STUDENTS AND FACULTY; AND (E) DO ANY OTHER ACT OR THING AND ENGAGE IN OR CARRY ON ANY OTHER ACTIVITY IN ANY MANNER CONNECTED WITH, OR INCIDENTAL TO, OR CALCULATED TO PROMOTE, ASSIST, AID OR ACCOMPLISH ANY OF THE AFORESAID PURPOSES. 0 0 3929245 2525678 896639 PROVIDE FINANCIAL SUPPORT TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND PROVIDE SUPPORT TO CSULB FOR UNIVERSITY PROGRAMS SUCH AS INSTRUCTION, PUBLIC SERVICE, ACEDEMIC SUPPORT AND STUDENT SERVICES. 3929245 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 22 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 CA X MICHAEL LOSQUADRO 5629855778 6300 E STATE UNVIERSITY DRIVE SUITE LONG BEACH CA 90815 ANDREA TAYLOR CEO / DIRECTOR 5.00 40.00 X X 0 187556 61409 MICHAEL LOSQUADRO COO / SECRETARY 22.00 23.00 X X 0 143454 30362 MARY STEPHENS CFO / TREASURER 1.00 44.00 X X 0 207204 53671 DON PARA DIRECTOR / CSULB PRESIDENT 1.00 44.00 X X 0 260706 82428 DENNIS BERRYMAN DIRECTOR 1.00 X 0 0 0 MARY ALICE BRALY DIRECTOR 1.00 X 0 0 0 GEORGE DEUKMEJIAN DIRECTOR 1.00 X 0 0 0 CYNTHIA GRAFF DIRECTOR 1.00 X 0 0 0 GEORGIA GRIFFITHS DIRECTOR 1.00 X 0 0 0 ROBERTA JENKINS DIRECTOR 1.00 X 0 0 0 JOHN MOLINA DIRECTOR 1.00 X 0 0 0 TERRY RHODES DIRECTOR 1.00 X 0 0 0 MORT STUHLBARG DIRECTOR 1.00 X 0 0 0 BEVERLY O'NEILL BOARD CHAIR / DIRECTOR 1.00 X 0 0 0 PATRICK GOGGIN DIRECTOR 1.00 X 0 0 0 ROBERT MURPHY DIRECTOR 1.00 X 0 0 0 KALIEN CLARK DIRECTOR 1.00 X 0 0 0 LINDA HALEY DIRECTOR 1.00 X 0 0 0 LOUISE UKLEJA DIRECTOR 1.00 X 0 0 0 FRANK COLONNA DIRECTOR 1.00 X 0 0 0 ANNA NGAI DIRECTOR 1.00 X 0 0 0 DANIEL O'CONNOR DIRECTOR 1.00 44.00 X 0 115828 40741 0 914748 268611 0 0 1 0 CSULB RESEARCH FOUNDATION 6300 STATE UNIVERSITY DR E STE 33 LONG BEACH CA 90815 PERSONNEL SERVICES 962522 WELLS FARGO 6700 E PACIFIC COAST HWY STE 170 LONG BEACH CA 908034217 INVESTMENT MANAGEMENT SERVICES 208277 2 7319952 326529 7319952 GIFT ADMINISTRATION FEES 900099 896639 896639 896639 1247613 1247613 19880308 20052231 -171923 -171923 -171923 MISCELLANEOUS 900099 494 494 494 9292775 896639 0 1076184 X 2525678 2525678 50000 50000 240000 231266 1707 7027 208277 208277 962522 428814 211816 321892 17965 618 17347 439765 210528 33849 195388 252691 110455 38353 103883 23495 9766 13729 202666 182981 19685 33944 33944 1641 1641 CONTRACTUAL/CONSULTING 484206 81062 243000 160144 HOSPITALITY & FUNDRAISI 260213 83708 93471 83034 DUES & SUBSCRIPTIONS 35248 1750 33498 SERVICES FOR FUNDS/AGEN 11618 11618 96603 73112 844 22647 5846532 3929245 843451 1073836 7467064 12756859 3692000 4905172 590155 167686 137616 103213 50528887 57000071 62415722 74933001 218065 1407296 218065 1407296 X 3962093 6742885 14973336 21819779 43262228 44963041 62197657 73525705 62415722 74933001 X 3446243 6274884 522410 1084511 X 0 1 X 1 0 X 10144633 7319952 17464585 10144633 7319952 17464585 68721 17395864 1041666 1247613 2289279 2780 494 3274 19757138 1734948 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50528887 1988615 7245848 2032185 731094 57000071 45673652 5556905 701670 50528887 0.20000 0.73000 0.07000 0 0 0 14817604 6274883 -541777 5733106 9084498 208277 208277 9292775 5638255 0 5638255 208277 208277 5846532 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES OFFSET BETWEEN REVENUE, ENDOWMENT INCOME AND NET POSITION -541,777. EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CSULB 1250 BELLFLOWER BLVD LONG BEACH CA 90812 931150363 PUBLIC UNIVERSITY 2525678 TO SUPPORT SCHOLARSHIPS AND OTHER CHARITABLE ACTIVITIES PROVIDED BY CSULB. 1 SCHEDULE I, PART I, LINE 1 CALIFORNIA STATE UNIVERSITY, LONG BEACH AND THE CSULB RESEARCH FOUNDATION MAINTAIN RECORDS SUBSTANTIATING THE USE OF PROGRAM SUPPORT AND SCHOLARSHIP GRANTS. 0 0 0 0 0 0 0 0 0 ANDREA TAYLOR CEO / DIRECTOR 0 187298 0 0 0 258 0 39295 0 22114 0 248965 0 0 MICHAEL LOSQUADRO COO / SECRETARY 0 141780 0 0 0 1674 0 29482 0 880 0 173816 0 0 MARY STEPHENS CFO / TREASURER 0 206946 0 0 0 258 0 43082 0 10589 0 260875 0 0 DON PARA DIRECTOR / CSULB PRESIDENT 0 258737 0 0 0 1969 0 56176 0 26252 0 343134 0 0 DANIEL O'CONNOR DIRECTOR 0 115828 0 0 0 0 0 19578 0 21163 0 156569 0 0 X 9 326529 FMV 0 0 1 0 PART I, LINE 32B: WE HAVE A GIFT ACCEPTANCE POLICY THAT IDENTIFIES ALL TYPES OF GIFTS WE WILL ACCEPT, AS WELL AS THE PROCESS AND COMMITTEE THAT WOULD REVIEW NON-STANDARD GIFTS. FORM 990, PART I, LINE 5 AND PART V, LINE 2 CSULB 49ER FOUNDATION DOES NOT FILE ANY FORM W-2 FOR EMPLOYEES DUE TO THE FACT THAT THEY ARE PAID FROM THE PAYROLL OF CSULB AND CSULB RESEARCH FOUNDATION. THE SALARIES AND WAGES AND RELATED EMPLOYEE EXPENSES ARE ALLOCATED BETWEEN THE ENTITIES BASED ON THE EMPLOYEE'S TIME SPENT ON WORK FOR EACH ACTIVITY. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE WILL BE REVIEWING THE FORM 990 AT A SCHEDULED MEETING. PRIOR TO FILING, THE BOARD IS PROVIDED WITH A COMPLETE COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER SHALL INITIALLY AND ANNUALLY THEREAFTER RECEIVE, REVIEW, COMPLETE, SIGN, AND RETURN A RELATED PARTY QUESTIONNAIRE AND CONFLICT OF INTEREST CERTIFICATION. THE ORGANIZATION ENCOURAGES THE PROMPT DISCLOSURE OF ANY SUCH CONFLICT, REAL OR PERCEIVED, TO THE CEO FOR REVIEW AND DETERMINATION. IN THE CASE OF THE CEO, DISCLOSURE SHALL BE MADE TO THE BOARD CHAIR FOR REVIEW AND DETERMINATION CONSISTENT WITH THIS POLICY STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNINNG DOCUMENTS ARE POSTED TO THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEE COMPENSATION POLICIES IN PLACE BECAUSE IT DOES NOT HAVE ANY EMPLOYEES. FORM 990, PART IX, LINE 11G PAYMENTS TO CSULB RESEARCH FDN. FOR SALARIES & WAGES: PROGRAM SERVICE EXPENSES 345,677. MANAGEMENT AND GENERAL EXPENSES 139,762. FUNDRAISING EXPENSES 252,322. TOTAL EXPENSES 737,761. PAYMENTS TO CSULB RESEARCH FDN. FOR OTHER EMPLOYEE BENEFITS : PROGRAM SERVICE EXPENSES 7,613. MANAGEMENT AND GENERAL EXPENSES 12,060. FUNDRAISING EXPENSES 18,107. TOTAL EXPENSES 37,780. PAYMENTS TO CSULB RESEARCH FDN. FOR PENSION PLAN ACCRUALS: PROGRAM SERVICE EXPENSES 64,857. MANAGEMENT AND GENERAL EXPENSES 48,118. FUNDRAISING EXPENSES 36,060. TOTAL EXPENSES 149,035. PAYMENTS TO CSULB RESEARCH FDN. FOR PAYROLL TAXES: PROGRAM SERVICE EXPENSES 10,667. MANAGEMENT AND GENERAL EXPENSES 11,876. FUNDRAISING EXPENSES 15,403. TOTAL EXPENSES 37,946. AMENDED RETURN SUBSEQUENT TO ISSUANCE OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2014, CSULB 49ER FOUNDATION DETERMINED THAT APPROXIMATELY $540,000 OF PLEDGE RECEIVABLE SHOULD HAVE BEEN RECORDED DURING THE FISCAL YEAR 2013 WHEN IT WAS DETERMINED TO BE AN IRREVOCABLE PLEDGE AGREEMENT. AS SUCH, THE FINANCIAL STATEMENTS HAVE BEEN RESTATED AS OF JULY 1, 2013 FOR THE CORRECTION OF THE ERROR. AS PART OF THE ADJUSTMENT FOR THE PLEDGE RECEIVABLE, THE CURRENT YEAR CONTRIBUTIONS INCREASED BY $17,540. IN THE RESTATEMENT, THE FINANCIAL STATEMENTS WERE ALSO ADJUSTED FOR A DECREASE IN INVESTMENT MANAGEMENT FEES IN THE AMOUNT OF $541,777. SEE PART IX, LINE 11(F). ADDITIONALLY, THE FOUNDATION MADE A CHANGE IN THE ALLOCATION OF FUNCTIONAL EXPENSES REPORTED ON PART IX. THE FOUNDATION HAS ADOPTED A FUND BASED APPROACH FOR TRACKING THEIR EXPENSES. THE NEW PROCESS ALLOWS FOR A MORE ACCURATE DISPLAY OF HOW EXPENSES ARE DIVIDED BETWEEN PROGRAM SERVICE, MANAGEMENT & GENERAL, AND FUNDRAISING. FORM 990, PART XI, LINE 9: TRANSFER OF NET POSITION FROM CSULB RESEARCH FOUNDATION 1,626,288. INVESTMENT FEES OFFSET BETWEEN REVENUE, ENDOWMENT INCOME AND NET POSITION -541,777. CALIFORNIA STATE UNIVERSITY LONG BEACH 1250 BELLFLOWER BLVD LONG BEACH CA 90802 931150363 PUBLIC UNIVERSITY CA N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1