2011-04-26T18:09:30-05:00 2010-06-30 Sensiba San Filippo LLP 18625 Sutter Blvd Suite 600 Morgan Hill CA 95037 990 2009-07-01 830403915 The Tower Foundation of San Jose State University TOWE 4089241765 One Washington Square San Jose CA 951920256 Leslie Rohn 4089241765 2011-04-25 1 E Patricia Chantler 4087768900 2009 2016-02-24 21:20:13Z Leslie Rohn One Washington Square San Jose CA 951920256 65643375 0 X www.sjsu.edu/towerfoundation X 2004 CA Assistance to academic programs & facilities, student scholarships, faculty, & athletics programs. 26 26 273 0 0 0 9072264 9156417 1128293 1314812 -3553389 1650731 11756 -29638 6658924 12092322 685504 898263 0 0 0 0 7539259 6559758 8224763 7458021 -1565839 4634301 83142384 92251696 1454765 1288145 81687619 90963551 The Tower Foundations 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 6654317 898263 1314812 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, and athletics programs. 6654317 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 80 2 273 1 0 0 0 0 0 0 1 1 0 0 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 4089241508 One Washington Square San Jose CA 951920183 X Irene Baba 0.50 X 0 0 0 Larry Boucher 0.50 X 0 0 0 Tom Bowen 0.50 X 0 0 0 Phil Boyce 0.50 X X 0 0 0 Steve Caplan 0.50 X 0 0 0 Sandy Chau 0.50 X 0 0 0 Jeff Clarke 0.50 X 0 0 0 Chuck Davidson 0.50 X 0 0 0 Dana Ditmore 0.50 X 0 0 0 Les Francis 0.50 X 0 0 0 Wanda Ginner 0.50 X 0 0 0 Wanda Hendrix 0.50 X 0 0 0 James Jimenez 0.50 X 0 0 0 Gary Kalbach 0.50 X 0 0 0 Cindy Lazares 0.50 X 0 0 0 Rose Lee 0.50 X 0 0 0 Don Lucas 0.50 X 0 0 0 Constance Moore 0.50 X 0 0 0 Fred Najjar 0.50 X 0 0 0 Ed Oates 0.50 X 0 0 0 Gary Sbona 0.50 X X 0 0 0 Carmen Sigler 0.50 X 0 0 0 Peter Ueberroth 0.50 X 0 0 0 Jon Whitmore 0.50 X 0 0 0 John Gibbs 0.50 X 0 0 0 Brad Zaro 0.50 X 0 0 0 Nancy Bussani 4.00 X 0 0 0 Leslie Rohn 40.00 X 0 0 0 0 0 0 0 0 0 0 0 40950 9115467 4392189 9156417 Administration fee 611710 1314812 1314812 1314812 1490439 1490439 53148172 520985 52936415 572450 211757 -51465 160292 160292 12550 40950 42188 -29638 -29638 12092322 2935905 0 0 898263 898263 Academic Support 3075992 3075992 Instruction 1195040 1195040 Student services 813171 813171 Auxiliary Enterprise Ex 799641 799641 Institutional support 671851 671851 4063 4063 7458021 6654317 803704 0 13311719 14075258 27370980 21014247 42803 1296 32880 26250705 35894351 15530010 20535967 395333 445333 239538 253660 83142384 92251696 243922 146042 215323 224899 995520 917204 1454765 1288145 X 3431134 4629052 37672554 36432445 40583931 49902054 81687619 90963551 83142384 92251696 X 0 1 1 X 0 X 45334751 37231293 17760201 9072264 9156417 118554926 45334751 37231293 17760201 9072264 9156417 118554926 50065293 68489633 506241 2681062 2122495 1462644 1650731 8423173 126978099 4681508 0.53940 0.44810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40517097 9902213 6255049 1213505 251786 55209068 50130045 1601152 -10222446 749681 241973 40517097 0.01080 0.94620 0.04300 0 0 0 Real Estate 1851441 F Funds held in trust 1229299 F Debt Securities 17450227 F Other investments 5000 F 20535967 Funds held in trust liability 917204 917204 12092322 7458021 4634301 4641630 4641630 9275931 16772077 4637723 42188 4679911 12092166 157 157 12092323 7496146 42188 42188 7453958 4063 4063 7458021 Part V, Line 4: Description of Intended Use of Endowment Funds: 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 XII, Line 2d - Other Adjustments: Fundraising event expenses: 42188. Part XII, Line 4b - Other Adjustments: FLOW-THROUGH INCOME FROM Hilo LLC K-1: 157. Part XIII, Line 2d - Other Adjustments: Fundraising event expenses: 42188. Part XIII, Line 4b - Other Adjustments: FLOW-THROUGH expenses FROM Hilo LLC K-1: 4063. President's Cup 53500 40950 12550 2000 22204 17984 53500 40950 12550 2000 22204 17984 42188 -29638 1 San Jose State University One Washington Square San Jose CA 95192 770414438 898263 Cash value Scholarships 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Scholarships that are awarded to students are directed by San Jose State University's Financial Aid and Scholarship office, which evaluates applicants to ensure they meet the criteria stipulated by the donor. X 66 3819739 FMV X 1 572450 appraisal 2 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 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 changes 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 C, line 19 Audited financial statements are available on the organization's website. Conflict of interest policy and governing documents are available upon request. 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. Form 990, Part VI, Section B, Line 15: The Organization does not compensate board members or management; therefore, compensation review policies have not been established. SJSU Tower Real Estate Fund LLC One Washington Square Clark Hall San Jose CA 95192 999999999 Real estate Management CA 572450 0 The Tower Foundation of San Jose State University