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        <ProgramServices>50304</ProgramServices>
        <ManagementAndGeneral>30677</ManagementAndGeneral>
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        <ProgramServices>1175272</ProgramServices>
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        <ProgramServices>1027</ProgramServices>
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        <Total>1529231</Total>
        <ProgramServices>934142</ProgramServices>
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        <ProgramServices>236281</ProgramServices>
        <ManagementAndGeneral>25216</ManagementAndGeneral>
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        <Description>CONTRACT AND GRANT EXPE</Description>
        <Total>15310297</Total>
        <ProgramServices>15310297</ProgramServices>
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      <OtherExpenses>
        <Description>PUBLIC &amp; INSTITUTIONAL</Description>
        <Total>5713521</Total>
        <ProgramServices>5713521</ProgramServices>
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      <OtherExpenses>
        <Description>ACADEMIC SUPPORT &amp; STUD</Description>
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        <ProgramServices>2838128</ProgramServices>
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      <OtherExpenses>
        <Description>ADMINSTRATION CHARGES</Description>
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        <ProgramServices>879984</ProgramServices>
        <ManagementAndGeneral>7305</ManagementAndGeneral>
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      <AllOtherExpenses>
        <Total>2533263</Total>
        <ProgramServices>2319815</ProgramServices>
        <ManagementAndGeneral>213448</ManagementAndGeneral>
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        <CurrentTaxYear>539439</CurrentTaxYear>
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        <Identifier>EXPLANATION OF LOBBYING ACTIVITIES:</Identifier>
        <ReturnReference>PART II-B, LINE 1:</ReturnReference>
        <Explanation>CAL POLY CORPORATION ENGAGED THE SERVICES OF THE ED SLEVIN COMPANY, A POLITICAL CONSULTING FIRM, TO HELP UNDERSTAND THE CURRENT CONGRESSIONAL POLITICAL PROCESS AND DEVELOP A STRATEGY FOR FUTURE FUNDING.</Explanation>
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      <OtherLiabilities>
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      <OtherLiabilities>
        <Description>OTHER LIABILITIES</Description>
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      <Form990ScheduleDPartXIV>
        <ReturnReference>PART III, LINE 1A:</ReturnReference>
        <Explanation>THE CORPORATION HAS ELECTED TO FOLLOW THE PROVISIONS OF SFAS NO. 116, AND THEREFORE DOES NOT CAPITALIZE DONATED WORKS OF ART HELD IN COLLECTIONS OR RECOGNIZE THEM AS REVENUES OR GAINS. THE STATEMENT PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION OR EDUCATION; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. AT JUNE 30, 2012, THE CORPORATION HELD AN ART COLLECTION ACQUIRED BY DONATION.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <ReturnReference>PART IV, LINE 2B:</ReturnReference>
        <Explanation>THE CORPORATION HOLDS 11 ENDOWMENTS FOR OTHERS AS WELL AS FUNDS HELD ON DEPOSIT RELATED TO TWO CONDOS HELD FOR THE BENEFIT OF THE ORFALEA COLLEGE OF BUSINESS. THESE ENDOWMENTS ARE MANAGED BY THE CORPORATION TO BE INVESTED LONG-TERM AND THE RELATED INCOME EITHER EXPENDED FOR SUPPORT OF UNIVERSITY PROGRAMS, INCLUDING THE ALUMNI ASSOCIATION AND ASI, OR RELATED EXTERNAL ORGANIZATIONS. ADDITIONS TO ENDOWMENTS HELD FOR OTHERS (PRINCIPALLY THE RETURN ON INVESTMENT OF FUND ASSETS) ARE RECORDED AS LIABILITIES AS OPPOSED TO REVENUES.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Identifier>PART XI, LINE 8 - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -179,882. CHANGE IN CUMULATIVE NET UNREALIZED GAINS/LOSSES -1,559,709. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,739,591.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
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      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
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      <Form990ScheduleDPartXIV>
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        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
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        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>7383</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>0</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>184418</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>FRANK CAWLEY</NamePerson>
        <BaseCompensationFilingOrg>126028</BaseCompensationFilingOrg>
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        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>15721</DeferredCompFilingOrg>
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        <NontaxableBenefitsFilingOrg>12762</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>154511</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>GRANT TREXLER</NamePerson>
        <BaseCompensationFilingOrg>128472</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>16063</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
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        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
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      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>6</NumberOfContributions>
        <NoncashContribsRptdF990>45237</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FAIR MARKET VALUE</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>OTHER ASSETS</Description>
        <NumberOfContributions>4</NumberOfContributions>
        <NoncashContribsRptdF990>119238</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FAIR MARKET VALUE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>1</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>THIRD PARTY USE:</Identifier>
        <ReturnReference>PART I, LINE 32B:</ReturnReference>
        <Explanation>THE CORPORATION USES CPSU ADVANCEMENT SERVICES FOR THE SOLICITATION AND PROCESSING OF NONCASH CONTRIBUTIONS, IN ADDITION TO VARIOUS BROKERS FOR THE SALE OF SECURITIES AND OTHER NONCASH GIFTS.</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 4</ReturnReference>
        <Explanation>ARTICLES OF INCORPORATION AND BYLAWS WERE AMENDED AS DISCLOSED ON THE PRIOR FILED 990. AMENDMENTS AS PREVIOUSLY DISCLOSED IMPACT THE CURRENT 990 FILING AS DESCRIBED BELOW: AS AN AUXILIARY TO CALIFORNIA POLYTECHNIC STATE UNIVERSITY WITH A CHARITABLE PURPOSE TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE MISSION AND EDUCATIONAL PROGRAMS THAT BENEFIT CPSU, AMENDED ARTICLES OF INCORPORATION AND BYLAWS NOW PERMIT THE CPSU PRESIDENT TO: FILL VACANT CORPORATION BOARD POSITIONS, NOMINATE OFFICERS, SERVE WITHOUT ELECTION ON THE BOARD WITH THE SAME RIGHTS AS THE OTHER DIRECTORS AND EXCERCISE APPROVAL OVER CERTAIN DECISIONS SUCH AS AMENDING THE ARTICLES OF INCORPORATION. THE CORPORATION CHANGED FROM A FASB TO GASB FINANCIAL REPORTING ENTITY AS A RESULT OF THESE CHANGES. AMENDED DOCUMENTS ARE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 7A</ReturnReference>
        <Explanation>THE CPSU PRESIDENT HAS AUTHORITY TO FILL VACANT CORPORATION BOARD POSITIONS AND SERVE WITHOUT ELECTION ON THE BOARD WITH THE SAME RIGHTS AS THE OTHER DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 7B</ReturnReference>
        <Explanation>THE CPSU PRESIDENT MUST APPROVE AMENDMENTS TO GOVERNING DOCUMENTS, HAS AUTHORITY TO FILL VACANT CORPORATION BOARD POSITIONS AND MAY SERVE WITHOUT ELECTION ON THE BOARD WITH THE SAME RIGHTS AS THE OTHER DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>FORM 990 IS REVIEWED BY THE CONTROLLER AND EXECUTIVE DIRECTOR AND PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO BEING FILED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>IN ADDITION TO REVIEWING ANNUALLY, THE BOARD MEMBERS DISCLOSE CONFLICTS OF INTEREST DURING THE YEAR AS THEY ARISE. THE BOARD ADDRESSES CONFLICTS OF INTEREST IMMEDIATELY UPON DISCLOSURE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>AS REQUIRED BY STATE LAW, THE CORPORATION DETERMINES COMPENSATION BASED ON COMPARABILITY OF STATE EMPLOYEES OF THE UNIVERSITY PERFORMING SUBSTANTIALLY SIMILAR SERVICES. FOR NOT SUBSTANTIALLY SIMILAR SERVICES, SALARIES MUST BE AT LEAST EQUAL TO SALARIES PREVAILING IN OTHER EDUCATIONAL INSTITUTIONS OR COMMERCIAL OPERATIONS OF LIKE NATURE BASED ON BIANNUAL SALARY SURVEYS OF OTHER COMMERCIAL AND NON-PROFIT ORGANIZATIONS IN THE AREA OR THE STATE UNIVERSITY SYSTEMS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>ALL POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AND FORMS 990 FOR THE PAST THREE YEARS ARE AVAILABLE TO THE PUBLIC ON THE CAL POLY CORPORATION WEBSITE AND ARE ALSO AVAILABLE UPON WRITTEN REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>PRIOR PERIOD ADJUSTMENTS: 19,966,769. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -179,882. CHANGE IN CUMULATIVE NET UNREALIZED GAINS/LOSSES -1,559,709. TOTAL TO FORM 990, PART XI, LINE 5: 18,227,178.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>ONE GRAND AVE</AddressLine1>
          <City>SAN LUIS OBISPO</City>
          <State>CA</State>
          <ZIPCode>93407</ZIPCode>
        </AddressUS>
        <EIN>946001347</EIN>
        <PrimaryActivities>CAL POLY CORPORATION IS AN AUXILIARY ORG UNDER SECT 170(B)(1)(A)(IV)</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION</BusinessNameLine1>
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          <AddressLine1>ONE GRAND AVE BUILDING 01 413</AddressLine1>
          <City>SAN LUIS OBISPO</City>
          <State>CA</State>
          <ZIPCode>93407</ZIPCode>
        </AddressUS>
        <EIN>204927897</EIN>
        <PrimaryActivities>SUPPORT OF CPSU</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
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        <PublicCharityStatus>LINE 5</PublicCharityStatus>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
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          <BusinessNameLine1>CPSU ALUMNI ASSOCIATION SAN LUIS OBISPO</BusinessNameLine1>
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          <AddressLine1>1 GRAND AVE ALUMNI HOUSE</AddressLine1>
          <City>SAN LUIS OBISPO</City>
          <State>CA</State>
          <ZIPCode>93407</ZIPCode>
        </AddressUS>
        <EIN>237040360</EIN>
        <PrimaryActivities>PROMOTE WELFARE AND FUTURE DEVELOPMENT OF THE UNIVERSITY</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 5</PublicCharityStatus>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>ASSOCIATED STUDENTS INC CPSU SAN LUIS OBISPO</BusinessNameLine1>
        </NameOfDisregardedEntity>
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          <AddressLine1>1 GRAND AVE BLDG 65 212</AddressLine1>
          <City>SAN LUIS OBISPO</City>
          <State>CA</State>
          <ZIPCode>93407</ZIPCode>
        </AddressUS>
        <EIN>952308831</EIN>
        <PrimaryActivities>EXTRA-CURRICULAR ACTIVITIES FOR CAL POLY STUDENTS, FACULTY &amp; STAFF</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 5</PublicCharityStatus>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CENTRAL COAST PERFORMING ARTS CENTER COMMISSION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>CORPORATION ADMIN BLDG 15</AddressLine1>
          <City>SAN LUIS OBISPO</City>
          <State>CA</State>
          <ZIPCode>93407</ZIPCode>
        </AddressUS>
        <EIN>770408837</EIN>
        <PrimaryActivities>CPSU JOINT VENTURE COMMISSION FOR PERFORMING ARTS</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 5</PublicCharityStatus>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SPLIT INTEREST TRUSTS (13)</BusinessNameLine1>
        </NameOfRelatedOrg>
        <PrimaryActivity>CHARITABLE GIFT ANNUITIES</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <TypeOfEntity>T</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
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      <GiftGrantOrCapContrFrOtherOrg>1</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>1</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>1</PerformOfServicesByOtherOrgs>
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      <ReimbursementPaidToOtherOrg>1</ReimbursementPaidToOtherOrg>
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      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO</BusinessNameLine1>
        </NameOfOtherOrganization>
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        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
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      <TransactionsRelatedOrgsTable>
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          <BusinessNameLine1>CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO</BusinessNameLine1>
        </NameOfOtherOrganization>
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        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
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      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO</BusinessNameLine1>
        </NameOfOtherOrganization>
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        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>O</TransactionType>
        <AmountInvolved>4178041</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>