2012-05-11T11:51:29-05:00 2011-06-30 MCGLADREY LLP 515 S FLOWER STREET 41ST FLOOR LOS ANGELES CA 90071 990 2010-07-01 830403915 THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY TOWE 4089241765 ONE WASHINGTON SQUARE SAN JOSE CA 951920256 LESLIE ROHN 4089241765 2012-05-10 1 ROSEMARIE BROWN 2133304800 2010 2016-02-24 21:20:13Z LESLIE ROHN ONE WASHINGTON SQUARE SAN JOSE CA 951920256 45197092 0 X WWW.SJSU.EDU/TOWERFOUNDATION X 2004 CA ASSISTANCE TO ACADEMIC PROGRAMS & FACILITIES, STUDENT SCHOLARSHIPS, FACULTY, & ATHLETICS PROGRAMS 26 26 318 0 0 0 9156417 17767014 1314812 1743779 1650731 3904822 -29638 226523 12092322 23642138 898263 1858812 0 0 0 2797493 0 0 0 6559758 6853966 7458021 11510271 4634301 12131867 92251696 113324649 1288145 1263367 90963551 112061282 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 10667376 1858812 1743779 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. 10667376 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 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 1 130 0 1 318 1 0 0 0 0 0 1 1 1 2 0 0 0 X 26 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 DON KASSING 0.50 X 10416 128758 25002 GARY SBONA 0.50 X 0 0 0 CONSTANCE MOORE 0.50 X 0 0 0 DANA DITMORE 0.50 X 0 0 0 WANDA HENDRIX 0.50 X 0 0 0 DONALD LUCAS 0.50 X 0 0 0 THOMAS BOWEN 0.50 X 26700 207427 55377 LAURENCE BOUCHER 0.50 X 0 0 0 PHILLIP BOYCE 0.50 X 0 0 0 NANCY BUSSANI 4.00 X X 0 173220 66078 STEPHEN CAPLAN 0.50 X 0 0 0 CHARLES DAVIDSON 0.50 X 0 0 0 LESLIE FRANCIS 0.50 X 0 0 0 JOHN GIBBS 0.50 X 0 0 0 WANDA GINNER 0.50 X 0 0 0 JIM JIMENEZ 0.50 X 0 0 0 RACHEL GREATHOUSE 0.50 X 0 0 0 GARY KALBACH 0.50 X 0 0 0 CYNTHIA LAZARES 0.50 X 0 0 0 ROSE LEE 0.50 X 0 214442 52375 AMIR MASHKOORI 0.50 X 0 0 0 EDWARD OATES 0.50 X 0 0 0 GERRY SELTER 0.50 X 0 215997 53201 CARMEN SIGLER 0.50 X 0 0 0 EVELYN TAN 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 LESLIE ROHN 40.00 X 0 94608 33203 GEORGE M MACINTYRE 40.00 X 220975 200000 74000 FRED NAJJAR 0.50 X 0 0 0 258091 1234452 359236 1 0 1 0 0 79500 1987971 15699543 619830 17767014 ADMINISTRATION FEE 611170 1743779 1743779 1743779 1693194 1693194 23701447 21489819 2211628 2211628 2211628 51113 79500 65135 -14022 -14022 OTHER 611170 240545 240545 240545 23642138 4195952 0 1679172 1858812 1858812 160030 160030 1992895 1692373 300522 116699 99610 17089 485158 442193 42965 42711 7633 35078 34257 34257 4065 4065 314499 314499 1312064 979317 332747 103017 78929 24088 1133333 1105745 27588 101824 93179 8645 354419 353406 1013 765572 762447 3125 388268 388268 24082 20247 3835 ADMINISTRATION FEE 1739517 1695482 44035 OTHER EXPENSE 468684 466519 2165 STUDENT SUPPORT AND INC 110365 110365 11510271 10667376 842895 0 0 0 14075258 29206156 21014247 19478082 32880 2360 35894351 45790211 20535967 17739526 445333 545333 253660 562981 92251696 113324649 146042 299716 224899 87536 917204 876115 1288145 1263367 X 4629052 4431121 36432445 45916765 49902054 61713396 90963551 112061282 92251696 113324649 X 12131867 8965864 X X 0 1 1 X 0 X 37231293 17760201 9072264 9156417 17767014 90987189 37231293 17760201 9072264 9156417 17767014 90987189 90987189 2681062 2122495 1462644 1650731 1693194 9610126 100597315 6425288 0.90450 0.53940 X 55209068 5581450 12623969 314499 73099988 40517097 9902213 6255049 1213505 251786 55209068 50130045 1601152 -10222446 749681 241973 40517097 0.05670 0.92920 0.01410 0 0 0 REAL ESTATE 2467141 F FUNDS HELD IN TRUST 1329579 F FIXED INCOME INTERMEDIATE TERM INVESTMENTS 9769012 F COMMODITIES FUND 4168794 F OTHER INVESTMENTS 5000 C 17739526 FUNDS HELD IN TRUST LIABILITY - CURRENT 114744 FUNDS HELD IN TRUST LIABILITY - NONCURRENT 761371 876115 23642138 11510271 12131867 8965864 8965864 21097731 32673137 8965864 65135 9030999 23642138 0 23642138 11575406 65135 65135 11510271 0 11510271 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: THE TOWER FOUNDATION HAS ADOPTED CERTAIN PROVISIONS OF ASC 740 (FIN 48), ACCOUNTING FOR INCOME TAXES. THE ORGANIZATION HAS REVIEWED ITS TAX POSITION FOR ALL OPEN TAX YEARS AND CONCLUDED THAT THE ADOPTION OF THE PROVISIONS OF ASC 740 (FIN 48) DID NOT HAVE AN IMPACT ON THE FINANCIAL STATEMENT POSITION. 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 41050 16350 24700 11472 10195 PRESIDENT'S CUP 40700 29250 11450 20862 13484 2 48863 33900 14963 1501 7621 130613 79500 51113 32334 1501 31300 65135 -14022 1 SAN JOSE STATE UNIVERSITY ONE WASHINGTON SQUARE SAN JOSE CA 95192 770414438 1800491 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 $900,598. THE AMOUNT OF SCHOLARSHIPS AWARDED BY SJSU'S ATHLETICS AND FUNDED BY THE TOWER FOUNDATION WAS $56,975. 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 $842,918. 1 0 0 0 0 0 0 0 0 0 DON KASSING 10416 123541 0 0 0 5217 0 22617 0 2385 10416 153760 0 0 THOMAS BOWEN 26700 207163 0 0 0 264 0 37802 0 17575 26700 262804 0 0 NANCY BUSSANI 0 173220 0 0 0 0 0 34508 0 31570 0 239298 0 0 ROSE LEE 0 214178 0 0 0 264 0 39082 0 13293 0 266817 0 0 GERRY SELTER 0 215733 0 0 0 264 0 39375 0 13826 0 269198 0 0 GEORGE M MACINTYRE 210216 200000 0 0 10759 0 0 14000 0 60000 220975 274000 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 24 602947 FMV X 2 16883 APPRAISAL 0 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. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION DOES NOT COMPENSATE BOARD MEMBERS OR MANAGEMENT; THEREFORE, COMPENSATION POLICIES HAVE NOT BEEN ESTABLISHED. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,965,864. 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 GOVERNMENT N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 SAN JOSE STATE UNIVERSITY B 957573 CASH VALUE SAN JOSE STATE UNIVERSITY O 842918 CASH VALUE SCHEDULE R, PART II IN ORDER TO ENSURE MAXIMUM TRANSPARENCY, THE FOUNDATION WILL DESCRIBE, UNDER SCHEDULE R, THE TOWER FOUNDATION AS A RELATED ENTITY TO SAN JOSE STATE UNIVERSITY.