2013-05-13T13:09:48-05:00 2012-06-30 420714325 MCGLADREY LLP 515 S FLOWER STREET 41ST FLOOR LOS ANGELES CA 90071 990 2011-07-01 830403915 THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY TOWE 4089241765 ONE WASHINGTON SQUARE SAN JOSE CA 951920256 LESLIE ROHN 4089241765 2013-05-09 1 ROSEMARIE BROWN P01278077 2133304800 2011 2016-02-24 21:20:13Z LESLIE ROHN ONE WASHINGTON SQUARE SAN JOSE CA 951920256 39533939 0 X WWW.SJSU.EDU/TOWERFOUNDATION X 2004 CA ASSISTANCE TO ACADEMIC PROGRAMS & FACILITIES, STUDENT SCHOLARSHIPS, FACULTY, & ATHLETICS PROGRAMS 33 26 404 0 0 0 17767014 13109385 1743779 1803087 3904822 2538113 226523 322639 23642138 17773224 1858812 2001365 0 0 2797493 3408904 0 0 0 6853966 7789483 11510271 13199752 12131867 4573472 113324649 114800772 1263367 1357840 112061282 113442932 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 12089801 2001365 2084282 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. 12089801 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 124 0 1 404 1 0 0 0 0 0 1 1 1 1 0 0 0 X 33 26 0 0 0 0 0 0 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 JOHN BAIRD 0.50 X 0 0 0 KEITH BARNES 0.50 X 0 0 0 SHAWN BIBB 0.50 X 0 78173 19322 LARRY BOUCHER 0.50 X 0 0 0 THOMAS BOWEN 0.50 X 139964 219436 58784 PHILLIP BOYCE 0.50 X 0 0 0 STEPHEN CAPLAN 0.50 X 0 0 0 CHARLES DAVIDSON 0.50 X 0 0 0 DANA DITMORE 0.50 X 0 0 0 LES FRANCIS 0.50 X 0 0 0 JOHN GIBBS 0.50 X 0 0 0 WANDA GINNER 0.50 X 0 0 0 WANDA HENDRIX 0.50 X 0 0 0 ANTHONY JACKSON 0.50 X 0 0 0 JAMES JIMENEZ 0.50 X 0 0 0 ELLEN JUNN 0.50 X 0 0 0 GARY KALBACH 0.50 X 0 0 0 CYNTHIA LAZARES 0.50 X 0 0 0 DONALD LUCAS 0.50 X 0 0 0 AMIR MASHKOORI 0.50 X 0 0 0 JENNY MING 0.50 X 0 0 0 CONSTANCE MOORE 0.50 X 0 0 0 EDWARD OATES 0.50 X 0 0 0 JOSEPH PARISI 0.50 X 0 0 0 KIM POLESE 0.50 X 0 0 0 MOHAMMAD QAYOUMI 0.50 X 12500 143934 30827 GARY SBONA 0.50 X 0 0 0 CARMEN SIGLER 0.50 X 0 0 0 PETER UEBERROTH 0.50 X 0 0 0 DAVID WENG 0.50 X 0 0 0 BRAD ZARO 0.50 X 0 0 0 NANCY BUSSANI 4.00 X X 8250 210758 56486 DON KASSING 0.50 X 0 234669 44310 ROSE LEE 0.50 X 0 228340 48020 GERRY SELTER 0.50 X 0 238292 55023 LESLIE ROHN 40.00 X 0 99653 30003 GEORGE MACINTYRE 0.10 X 210216 198140 55169 370930 1651395 397944 2 0 1 0 0 58070 1258414 11792901 148247 13109385 ADMINISTRATION FEE 611170 1803087 1803087 1803087 2202985 2202985 22028991 21693863 335128 335128 335128 108296 58070 66852 41444 41444 OTHER 611170 281195 281195 281195 17773224 2084282 0 2579557 2001365 2001365 2492608 2123786 368822 64742 33568 31174 664221 515122 149099 187333 131259 56074 5388 5388 12848 12848 326172 326172 1098384 774611 323773 96775 59660 37115 1935174 1879337 55837 70424 59480 10944 373021 371763 1258 816695 812995 3700 364180 364180 54032 40640 13392 ADMINISTRATION FEE 1925030 1869237 55793 DUES & SUBSCRIPTIONS 548162 545192 2970 STUDENT SUPPORT AND INC 132260 132260 LICENSES & PERMITS 15968 15968 14970 14970 13199752 12089801 1109951 0 29206156 21452410 19478082 18802203 2360 2326 45790211 51272304 17739526 21868677 545333 978160 562981 424692 113324649 114800772 299716 330850 87536 182375 876115 844615 1263367 1357840 X 4431121 4665500 45916765 45503414 61713396 63274018 112061282 113442932 113324649 114800772 X 4573472 -3191822 X X 0 1 1 X 0 X 17760201 9072264 9156417 17767014 13109385 66865281 17760201 9072264 9156417 17767014 13109385 66865281 66865281 2122495 1462644 1650731 1693194 2202985 9132049 75997330 7546615 0.87980 0.90450 X 73099988 1197836 -849965 447617 73000242 55209068 5581450 12623969 314499 73099988 40517097 9902213 6255049 1213505 251786 55209068 50130045 1601152 -10222446 749681 241973 40517097 0.09300 0.89500 0.01200 0 0 0 REAL ESTATE 2879140 F FUNDS HELD IN TRUST 1095841 F FIXED INCOME INTERMEDIATE TERM INVESTMENTS 14076079 F COMMODITIES FUND 3812617 F OTHER INVESTMENTS 5000 C 21868677 FUNDS HELD IN TRUST LIABILITY - CURRENT 114199 FUNDS HELD IN TRUST LIABILITY - NONCURRENT 730416 844615 17773224 13199752 4573472 -3191822 -3191822 1381650 14648254 -3191822 66852 -3124970 17773224 0 17773224 13266604 66852 66852 13199752 0 13199752 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, BECAUSE NO ASC 740 LIABILITIES EXISTED AT YEAR END, MANAGEMENT HAS ADOPTED THE PROVISIONS OF ASC 740 AS REQUIRED BY GAAP AND EXAMINES ITS TAX POSITIONS ANNUALLY. AT THE END OF THE YEAR MANAGEMENT DETERMINED AND ITS AUDITORS CONFIRMED THAT NO ASC 740 LIABILITIES EXISTED AT YEAR END. PART XII, LINE 2D: FUNDRAISING EVENT EXPENSES REPORTED ON FORM 990, PART VIII. PART XIII, LINE 2D: FUNDRAISING EVENT EXPENSES REPORTED ON FORM, PART VIII YOSH UCHIDA GOLF CLASSIC 36275 16140 20135 1994 8633 10460 508 MEN'S SOCCER TOURNAMENT 42561 42561 200 10292 9168 1218 2 87530 41930 45600 400 10657 12543 779 166366 58070 108296 200 2394 29582 32171 2505 66852 41444 1 SAN JOSE STATE UNIVERSITY ONE WASHINGTON SQUARE SAN JOSE CA 95192 770414438 2001365 CASH VALUE SCHOLARSHIPS AND REIMBURSED SALARIES AND BENEFITS 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 $1,116,426. THE AMOUNT OF SCHOLARSHIPS AWARDED BY SJSU'S ATHLETICS AND FUNDED BY THE TOWER FOUNDATION WAS $65,576. 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 $819,363. 0 0 0 0 0 0 0 0 0 THOMAS BOWEN 139964 219298 0 0 0 138 0 39610 0 19174 139964 278220 0 0 MOHAMMAD QAYOUMI 12500 137274 0 0 0 6660 0 24854 0 5973 12500 174761 0 0 NANCY BUSSANI 8250 210668 0 0 0 90 0 37710 0 18776 8250 267244 0 0 DON KASSING 0 224373 0 0 0 10296 0 39183 0 5127 0 278979 0 0 ROSE LEE 0 227977 0 0 0 363 0 35207 0 12813 0 276360 0 0 GERRY SELTER 0 237159 0 0 0 1133 0 38067 0 16956 0 293315 0 0 GEORGE MACINTYRE 210216 198010 0 0 0 130 0 35995 0 19174 210216 253309 0 0 SUPPLEMENTAL INFORMATION PART III 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 17 146567 FMV X 1 1680 APPRAISAL 4 0 1 0 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 ARE KEPT FOR THE AUDIT COMMITTEE AND BOARD OF DIRECTORS TO 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. 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. AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: THE FOLLOWING LIST PROVIDES THE AVERAGE HOURS PER WEEK DEVOTED TO UARSC'S RELATED ORGANIZATIONS BY UARSC OFFICERS, DIRECTORS, AND HIGHEST COMPENSATED EMPLOYEES WHO RECEIVED COMPENSATION FROM RELATED ORGANIZATIONS: SHAWN BIBB - EX OFFICIO - 40 HRS THOMAS BOWEN - EX OFFICIO - 40 HRS ELLEN JUNN - EX OFFICIO - 40 HRS MOHAMMAD QAYOUMI - EX OFFICIO - 40 HRS DON KASSING - EX OFFICIO - 40 HRS ROSE LEE - EX OFFICIO - 40 HRS GERRY SELTER - EX OFFICIO - 40 HRS NANCY BUSSANI - CEO - 36 HRS GEORGE MACINTYRE - UNIVERSITY FOOTBALL COACH - 40 HRS COMPENSATION FROM THE ORGANIZATION FOR CERTAIN UNIVERSITY EMPLOYEES 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,191,822. 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 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0