2015-04-20T12:27:52-05:00 2014-06-30 420714325 MCGLADREY LLP 105 8TH AVENUE SE SUITE 300 OLYMPIA WA 985011386 990 2013-07-01 830403915 THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY TOWE 4089241765 ONE WASHINGTON SQUARE SAN JOSE CA 951920183 LESLIE ROHN COO 4089241765 2015-04-09 1 ANTONIA GOH CPA P00187374 3607547244 2013 2016-02-25 16:41:14Z LESLIE ROHN ONE WASHINGTON SQUARE SAN JOSE CA 951920183 99184594 0 X WWW.SJSU.EDU/TOWERFOUNDATION X 2004 CA ASSISTANCE TO ACADEMIC PROGRAMS & FACILITIES, STUDENT SCHOLARSHIPS, FACULTY, & ATHLETICS PROGRAMS 34 27 528 3 0 0 38660320 15521255 2282027 2950213 4991460 11740051 286878 296693 46220685 30508212 2587542 2544390 0 0 3594591 4319532 0 0 0 8388544 10501757 14570677 17365679 31650008 13142533 149150044 169115111 1543634 2427835 147606410 166687276 THE 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. 0 0 15588846 2544390 3186957 THE 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. 15588846 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 132 1 1 528 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 34 27 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X LESLIE ROHN 4089241765 ONE WASHINGTON SQUARE SAN JOSE CA 951920183 X REBECCA DUKES CEO 0.50 40.00 X X 9147 201901 56722 CONSTANCE B MOORE DIRECTOR 0.50 X 0 0 0 AMIR MASHKOORI CHAIRMAN OF THE BOARD 0.50 X 0 0 0 ANTHONY JACKSON DIRECTOR 0.50 X 0 0 0 AVESTA SABETIAN DIRECTOR 0.50 X 0 0 0 CARMEN SIGLER DIRECTOR 0.50 X 0 0 0 CAROLYN LEWIS DIRECTOR 0.50 X 0 0 0 CHARLES W DAVIDSON DIRECTOR 0.50 X 0 0 0 CYNTHIA LAZARES DIRECTOR 0.50 X 0 0 0 DANA C DITMORE DIRECTOR 0.50 X 0 0 0 DAVID WENG DIRECTOR 0.50 X 0 0 0 DONALD L LUCAS DIRECTOR 0.50 X 0 0 0 EDWARD OATES DIRECTOR 0.50 X 0 0 0 GARY J SBONA DIRECTOR 0.50 X 0 0 0 JAMES JIMENEZ DIRECTOR 0.50 X 0 0 0 JENNY MING DIRECTOR 0.50 X 0 0 0 JOHN W BAIRD DIRECTOR 0.50 X 0 0 0 JOSEPH P PARISI DIRECTOR 0.50 X 0 0 0 KEITH LEE BARNES DIRECTOR 0.50 X 0 0 0 KIM POLESE DIRECTOR 0.50 X 0 0 0 LARRY B BOUCHER DIRECTOR 0.50 X 0 0 0 LESLIE C FRANCIS DIRECTOR 0.50 X 0 0 0 PETER V UEBERROTH DIRECTOR 0.50 X 0 0 0 PHILLIP R BOYCE DIRECTOR 0.50 X 0 0 0 ROBERT PISANO DIRECTOR 0.50 X 0 0 0 STEPHEN H CAPLAN DIRECTOR 0.50 X 0 0 0 WANDA GINNER DIRECTOR 0.50 X 0 0 0 WANDA HENDRIX DIRECTOR 0.50 X 0 0 0 ANDY FEINSTEIN EX OFFICIO 0.50 X 0 0 0 BETH VON TILL EX OFFICIO 0.50 40.00 X 0 70847 31596 ELLEN JUNN EX OFFICIO 0.50 40.00 X 0 214456 62414 GENE BLEYMAIER EX OFFICIO 0.50 40.00 X 230827 220308 63696 MICHAEL J KAUFMAN DIRECTOR 0.50 40.00 X 0 100227 44820 MOHAMMAD QAYOUMI EX OFFICIO 0.50 40.00 X 25000 342556 84597 SHAWN BIBB EX OFFICIO 0.50 40.00 X 0 230914 64785 GARY KALBACH DIRECTOR 0.50 X 0 0 0 JOHN GIBBS DIRECTOR 0.50 X 0 0 0 LESLIE ROHN SECRETARY & COO 40.00 X 0 102373 33023 RONALD CARAGHER HEAD COACH, FOOTBALL 0.50 40.00 X 283601 246916 73595 548575 1730498 515248 2 0 1 0 0 33540 18196 15469519 940426 15521255 ADMINISTRATION FEE 611170 2950213 2950213 2950213 2776170 2776170 77552274 68588393 8963881 8963881 8963881 147938 33540 87989 59949 59949 OTHER 611170 236744 236744 236744 30508212 3186957 0 11800000 X 2484127 2484127 60263 60263 215614 215614 2973807 2697605 276202 21990 21990 1047082 668322 378760 61039 7752 53287 17519 14555 2964 409418 4894 404524 511403 511403 2311056 2303077 7979 192080 163997 28083 1752560 1462851 289709 52301 42437 9864 595810 588310 7500 820707 820707 136442 136442 6320 3362 2958 ADMINISTRATION FEE 2788091 2720990 67101 DUES & SUBSCRIPTIONS 634205 623907 10298 STUDENT SUPPORT & INCEN 261449 261449 LICENSES 12390 12390 6 6 17365679 15588846 1776833 0 26173217 29588379 16746314 14783490 5061071 3983903 144594 211591 99350841 100770082 17707180 1206833 1362935 467174 707551 149150044 169115111 737856 1716159 805778 711676 1543634 2427835 X 5431085 6555264 58559898 70669446 83615427 89462566 147606410 166687276 149150044 169115111 X 13142533 5935493 2840 X X 0 1 X 1 0 X 9156417 17767014 13109385 38660320 15521255 94214391 9156417 17767014 13109385 38660320 15521255 94214391 94214391 1650731 1693194 2202985 2473535 2776170 10796615 105011006 10874224 0.89720 0.90250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98282638 2878179 16867445 349157 117679105 73000242 16402733 9274418 394755 98282638 73099988 1197836 -849965 447617 73000242 55209068 5581450 12623969 314499 73099988 40517097 9902213 6255049 1213505 251786 55209068 0.17120 0.76020 0.06860 0 0 0 STOCK - IVA INTERNATIONAL FUND CLASS I 8841586 F STOCK - DODGE & COX INTERNATIONAL STOCK FUND 8865594 F 17707180 FUNDS HELD IN TRUST LIABILITY - CURRENT 97740 FUNDS HELD IN TRUST LIABILITY - NONCURRENT 613936 711676 36357743 5935493 87983 6023476 30334267 173945 173945 30508212 17276877 85143 85143 17191734 173945 173945 17365679 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 87,989. ROUNDING DIFFERENCE -6. PART XI, LINE 4B - OTHER ADJUSTMENTS: MISC NONCASH GIFTS 173,945. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 87,989. UNCOLLECTIBLE PLEDGES -2,840. ROUNDING DIFFERENCE -6. PART XII, LINE 4B - OTHER ADJUSTMENTS: MISC NONCASH GIFTS 173,945. 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. PART X, LINE 2: ALTHOUGH THERE WAS NO FORMAL FOOTNOTE RELATED TO ASC 740 IN THE FINANCIAL STATEMENT, MANAGEMENT DETERMINED AND ITS AUDITORS CONFIRMED THAT NO ASC 740 LIABILITIES EXISTED AT YEAR END. CAYMAN ISLANDS 0 0 INVESTMENTS 1476000 0 0 0 0 0 0 1476000 0 1476000 1 0 1 1 0 0 PRESIDENT'S CUP GOLF TOURNAMENT 90971 15250 75721 0 425 10970 12163 0 13403 BASEBALL GOLF TOURNAMENT 39055 3250 35805 0 4824 12690 7448 0 381 3 51452 15040 36412 1000 366 0 11815 5639 6865 181478 33540 147938 1000 5615 23660 31426 5639 20649 87989 59949 1 SAN JOSE STATE UNIVERSITY ONE WASHINGTON SQUARE SAN JOSE CA 95912 770414438 2444112 SCHOLARSHIPS AND REIMBURSED SALARIES AND BENEFITS CSU MONTEREY BAY 100 CAMPUS CENTER SEASIDE CA 93955 15816 SCHOLARSHIPS SCHOLARSHIPS 38 60263 PART I, LINE 2: THE 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 $1,715,469. ADDITIONALLY, THE TOWER FOUNDATION REIMBURSES SJSU FOR CERTAIN SALARIES AND BENEFITS PAID TO UNIVERSITY PERSONNEL. THE AMOUNT OF FUNDS GRANTED TO SJSU FOR THIS PURPOSE DURING THE FISCAL YEAR REPORTED ON THIS RETURN WAS $728,643. X X 1 1 0 0 0 0 0 0 0 0 0 REBECCA DUKES CEO 9147 201901 0 0 0 0 0 40402 0 16320 9147 258623 0 0 ELLEN JUNN EX OFFICIO 0 214456 0 0 0 0 0 44709 0 17705 0 276870 0 0 GENE BLEYMAIER EX OFFICIO 230827 220308 0 0 0 0 0 45767 0 17929 230827 284004 0 0 MOHAMMAD QAYOUMI EX OFFICIO 25000 342556 0 0 0 0 0 68248 0 16349 25000 427153 0 0 SHAWN BIBB EX OFFICIO 0 230914 0 0 0 0 0 47829 0 16956 0 295699 0 0 RONALD CARAGHER HEAD COACH, FOOTBALL 283601 246916 0 0 0 0 0 51480 0 22115 283601 320511 0 0 PART I, LINE 3: THE 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. X 19 5439 FAIR MARKET VALUE X 30 FAIR MARKET VALUE X 2673 FAIR MARKET VALUE X 47 766480 STOCK MARKET QUOTES X 1 5545 FAIR MARKET VALUE X 20 2242 FAIR MARKET VALUE X MISC & MULTIP 35 114511 FAIR MARKET VALUE X EQUIPMENT 12 22794 FAIR MARKET VALUE X GIFT CERTIFIC 79 13212 FAIR MARKET VALUE X INSTRUMENTS 1 7500 FAIR MARKET VALUE 2 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE 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 11 THE TOWER FOUNDATION'S AUDIT COMMITTEE REVIEWS THE 990 FORM IN DETAIL WITH TOWER MANAGEMENT. THE 990 IS DISTRIBUTED TO THE FULL BOARD PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. MINUTES KEPT FOR THE AUDIT COMMITTEE AND BOARD OF DIRECTORS DOCUMENT THE PROCESS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND RELATED DISCLOSURE STATEMENT IS REVIEWED ON AN ANNUAL BASIS AT THE TOWER FOUNDATION AUDIT COMMITTEE MEETING IN NOVEMBER. 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 15 THE 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 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. CONFLICT OF INTEREST POLICY AND 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 IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 2,303,077. MANAGEMENT AND GENERAL EXPENSES 7,979. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,311,056. FORM 990, PART XI, LINE 9: UNCOLLECTED PLEDGES 2,840. 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. SJSU TOWER REAL ESTATE FUND LLC ONE WASHINGTON SQUARE CLARK HALL SAN JOSE CA 95192 999999999 REAL ESTATE MANAGEMENT CA 0 0 THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY SAN JOSE STATE UNIVERSITY ONE WASHINGTON SQUARE SAN JOSE CA 95192 770414438 STATE UNIVERSITY CA 115 N/A 0 HILO PROJECT LLC 1346 THE ALAMEDA STE 7 PMB 269 SAN JOSE CA 95126 263694655 HOUSING INVESTMENT HI N/A EXCLUDED SECTION 512 -8460 1344833 0 0 0.69470 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 SAN JOSE STATE UNIVERSITY B 2444112 FMV SAN JOSE STATE UNIVERSITY P 635573 FMV SAN JOSE STATE UNIVERSITY Q 33082 FMV SAN JOSE STATE UNIVERSITY L 0 SAN JOSE STATE UNIVERSITY N 0 SAN JOSE STATE UNIVERSITY R 108589 FMV SAN JOSE STATE UNIVERSITY S 18196 FMV