2026-05-14T15:19:35-04:00 2025-06-30 990 2024-07-01 941358307 THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY LEGA 5104361000 2648 INTERNATIONAL BLVD 301 164 OAKLAND CA 94601 LOUIS CHICOINE TREASURER 5104361000 2026-05-15 2024 2025-03-06 01:10:19Z X SORAYA WRIGHT 2648 INTERNATIONAL BLVD 301 164 OAKLAND CA 94601 9488325 false 0928 X WWW.HNU. ORG X 1880 CA The Legacy Funds of Holy Names University provides student scholarships to increase access to higher education for students representing marginalized communities in Oakland CA and the wider Bay Area. This purpose honors the legacy and values of the Sisters of the Holy Names of Jesus and Mary and the over 150-year history of education at Holy Names University. 5 4 4 7 0 0 357345 26588 13454 0 6028798 1288105 0 0 6399597 1314693 3588690 377120 0 0 1147009 335119 0 0 52060 2187952 1075113 6923651 1787352 -524054 -472659 68805953 73340341 692167 586074 68113786 72754267 The Legacy Funds of Holy Names University provides student scholarships to increase access to higher education for students representing marginalized communities in Oakland CA and the wider Bay Area. This purpose honors the legacy and values of the Sisters of the Holy Names of Jesus and Mary and the over 150-year history of education at Holy Names University. true true 767451 377120 0 During Fiscal Year 2025 The Legacy Funds of Holy Names University provided 117 student scholarships to increase access to higher education for students representing marginalized communities in Oakland CA and the wider Bay Area. This purpose honors the legacy and values of the Sisters of the Holy Names of Jesus and Mary and the over 150-year history of education at Holy Names University. 0 0 0 0 0 0 0 0 0 767451 true true false false false false false false false true false true false false false false false false false false true false false false false false false false true true false false false false false false false false false false false false false true false false false true 8 0 true 4 true false false false false false false false 0 false false false 5 4 false false false false true true true true true false false true true true true true true true true false CA X SEAN HANLON 5104361000 2648 INTERNATIONAL BLVD 301 164 OAKLAND CA 94601 STEVEN BORG BOARD CHAIR 1.00 0 X X 0 0 0 LOUIS CHICOINE TREASURER 1.00 0 X X 0 0 0 JEAN DOWDALL SECRETARY 1.00 0 X 0 0 0 BARBARA BRAY SNJM TRUSTEE 1.00 0 X 0 0 0 CYNTHIA CANNING SNJM TRUSTEE 1.00 0 X 0 0 0 CAROL SELLMAN EXECUTIVE DIRECTOR - End April 2025 30.00 0 X X 105000 0 0 105000 0 0 1 true false false BUCHALTER 1000 Wilshire Boulevard Suite 1500 Los Angeles CA 90017 Legal Services 128905 SMW RISK MANAGEMENT CONSULTING LLC PO BOX 55126 Hayward CA 94541 Management Services 181800 2GO ADVISORY GROUP 500 Ygnacio Valley Road Walnut Creek CA 94596 Accounting Services 139538 HOOD STRONG LLP 60 South Market St Suite 200 San Jose CA 95113 Audit and Tax Services 143900 4 0 0 0 0 0 26588 0 26588 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 418893 0 0 418893 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9042844 0 8140322 33310 902522 -33310 869212 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1314693 0 0 418893 0 0 377120 377120 0 0 0 0 105000 42000 52500 10500 0 0 0 0 149379 73803 75576 0 0 0 0 0 69524 31650 35004 2870 11216 5106 5647 463 181800 72720 99990 9090 164691 0 164691 0 359944 0 359944 0 0 0 0 0 0 0 48824 0 48824 0 155197 74297 80900 0 0 0 0 0 16774 13201 3407 166 118357 65456 23930 28971 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4856 2428 2428 0 0 0 0 0 0 0 0 0 0 0 0 0 15000 0 15000 0 LOAN ADMINISTRATION 9670 9670 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1787352 767451 967841 52060 0 0 0 0 10021434 330317 2135960 10347665 82937 0 297225 12562 0 0 0 0 103278 53489 0 0 0 151633 0 0 0 0 8799869 6298055 47365250 56146620 0 0 0 0 0 0 68805953 73340341 325562 292064 0 0 292684 294010 0 0 0 0 0 0 0 0 0 0 73921 0 692167 586074 X 5698334 6087704 62415452 66666563 68113786 72754267 68805953 73340341 -472659 5081917 0 0 31223 0 X false true X true false X 13227187 10202154 7736948 357345 26588 31550222 0 0 0 0 0 0 0 0 0 0 0 0 13227187 10202154 7736948 357345 26588 31550222 2695101 28855121 20471 27070 104276 498215 418893 1068925 0 1672 0 0 0 1672 0 0 0 0 0 0 32620819 0.8846 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56525291 0 6354507 377120 0 37712 62464966 55699258 0 6479943 931514 4722396 0 56525291 58397396 2123854 4289726 4602638 4509080 0 55699258 65883224 433933 -4045150 3649183 225428 0 58397396 54619996 616191 14251356 2913511 690808 0 65883224 0 0.7094 0.2906 false false PASSTHROUGH INVESTMENTS 50011763 F ALTERNATIVE STRATEGIES 6134857 F 56146620 Part V, line 4 THE ENDOWMENT OF THE ORGANIZATION COMPRISES APPROXIMATELY FORTY-FOUR INDIVIDUAL FUNDS. MOST OF THESE FUNDS WERE ESTABLISHED TO PROVIDE A PERMANENT SOURCE OF FUNDING FOR SCHOLARSHIPS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. Central America and the Caribbean 0 0 Investments N A 6134857 0 0 0 0 6134857 6134857 false false true false false false true SCHOLARSHIPS 117 377120 0 N A N A Part I Line 2 EACH TRANSACTION INVOLVING GRANTS SCHOLARSHIPS OR FINANCIAL AID IS MONITORED THROUGH THE STUDENT ACCOUNT BY OUR STUDENT ACCOUNTS AND FINANCIAL AID OFFICES. IN ADDITION THE ORGANIZATION UNDERGOES ANNUAL AUDITS OF ITS FINANCIAL PROCESS AND PROCEDURES. THE EXTERNAL AUDITORS TEST THE UNIVERSITYS COMPLIANCE WITH APPLICABLE RULES AND REGULATIONS. X X X false false false false false false false false false CAROL SELLMAN EXECUTIVE DIRECTOR - End April 2025 105000 0 0 0 0 0 0 0 0 0 105000 0 0 0 Doing Business As Names HOLY NAMES UNIVERSITY Part III, line 2 THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY PROVIDED STUDENT SCHOLARSHIPS TO FORMER HOLY NAMES UNIVERSITY STUDENTS WHO ARE ATTENDING ACCREDITED 4-YEAR COLLEGES AND UNIVERSITIES IN CALIFORNIA. Part III, line 3 HOLY NAMES UNIVERSITY THE UNIVERSITY WAS AN INDEPENDENT CATHOLIC LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION LOCATED IN OAKLAND CALIFORNIA. THE UNIVERSITY WAS FOUNDED BY THE SISTERS OF THE HOLY NAMES OF JESUS AND MARYSNJM. CHARTERED BY THE STATE OF CALIFORNIA IN 1880 IT GRANTED BACCALAUREATE AND MASTERS DEGREES IN LIBERAL ARTS SCIENCE BUSINESS NURSING AND EDUCATION. THE UNIVERSITY PROVIDED THESE EDUCATIONAL PROGRAMS THROUGH MAY 2023 AND IN JANUARY 2025 TRANSITIONED FROM A DEGREE GRANTING ORGANIZATION TO A SCHOLARSHIP GRANTING ORGANIZATION. IT WILL CONTINUE TO STEWARD THE ENDOWMENT FOR THE BENEFIT OF FUTURE SCHOLARSHIP RECIPIENTS AND IN KEEPING WITH THE WISHES OF ENDOWMENT DONORS. Part VI, Line 6 THE MEMBER OF THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY IS THE HOLY NAMES EDUCATIONAL MINISTRIES. Part VI, Line 7a THE MEMBER OF THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY APPOINTED BY THE HOLY NAMES EDUCATIONAL MINISTRIES HAS THE AUTHORITY TO ELECT THE TRUSTEES OF THE ORGANIZATIONSS BOARD OF TRUSTEES TO REMOVE TRUSTEES FROM BOARD AND TO FILL VACANCIES ON THE BOARD. Part VI, Line 7b THE ANNUAL BUDGET AND APPOINTMENT OF THE EXECUTIVE DIRECTOR ARE SUBJECT TO CONFIRMATION BY THE HOLY NAMES EDUCATIONAL MINISTRIES THE MEMBER ORGANIZATION OF THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY. Part VI, Line 11a THE FORM 990 WAS PREPARED BY TAX PROFESSIONALS AND WAS REVIEWED BY SENIOR STAFF. THE RETURN WAS PROVIDED TO THE AUDIT COMMITTEE AND TO THE GOVERNING BODY PRIOR TO FILING. Part VI, Line 12c STAFF AND CONTRACTORS ARE REQUIRED TO ABIDE BY THE CONFLICT OF INTEREST POLICY AS NOTED IN THE EMPLOYEE HANDBOOK. DIRECTORS TRUSTEES ARE REQUIRED TO ABIDE BY THE BOARD CONFLICT OF INTEREST POLICY AND TO ANNUALLY DISCLOSE IF THEY HAVE ANY CONFLICTS OF INTEREST. SHOULD A POTENTIAL CONFLICT BE INDICATED THE POLICY PROVIDES FOR A REVIEW OF THE PROPOSED TRANSACTIONS BY THE BOARD TO CONFIRM THAT IT IS IN THE BEST INTERESTS OF THE ORGANIZATION. Part VI, Line 15 COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES: 1. SURVEYS FROM AREA NON-PROFIT ORGANIZATIONS REGARDING SALARY AND BENEFITS FOR ALL EMPLOYEES INCLUDING OFFICERS & KEY EMPLOYEES ARE GATHERED AND REVIEWED 2. NATIONAL SURVEYS FOR COMPENSATIONS FOR NON-PROFIT ORGANIZATIONS FOR ALL EMPLOYEES INCLUDING OFFICERS & KEY EMPLOYEES ARE GATHER AND REVIEWED 3. COMPARABILITY FACTORS INCLUDE SIZE OF THE INSTITUTIONAL BUDGET COMPLEXITY OF THE INSTITUTION COST OF LIVING IN THE INSTITUTIONS GEOGRAPHIC LOCATION AND POSITION REQUIREMENTS IF AVAILABLE 4. THE DATA IS MADE AVAILABLE TO THE EXECUTIVE COMMITTEE OF THE BOARD ALONG WITH A RECOMMENDATION FOR COMPENSATION Part VI, Line 19 THE ORGANIZATIONS FORM 990 IS AVAILABLE ON PUBLIC WEBSITES AND IS AVAILABLE TO THE PUBLIC FROM THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY UPON REQUEST. ITS CONFLICT OF INTEREST POLICY IS CONTAINED IN THE EMPLOYEE HANDBOOK AND IS ALSO AVAILABLE UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104D. Part VII General | Explanation:| THE REPORTABLE COMPENSATION FOR CAROL SELLMAN WAS PAID TO SISTERS OF THE HOLY NAMES OF JESUS AND MARY FOR HER SERVICES PERFORMED FOR THE ORGANIZATION. Part IV Line 12 | Explanation:| THE FINANCIAL AUDIT OF THE ORGANIZATION BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS HAD NOT BEEN COMPLETED AS OF THE DATE OF THIS FORM. THE FINANCIAL STATEMENTS AUDIT IS NEARING COMPLETION AT THE TIME THIS RETURN IS FILED. Part XII Line 2 | Explanation:| THE FINANCIAL AUDIT OF THE ORGANIZATION BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS HAD NOT BEEN COMPLETED AS OF THE DATE OF THIS FORM. THE FINANCIAL STATEMENTS AUDIT IS NEARING COMPLETION AT THE TIME THIS RETURN IS FILED. SISTERS OF THE HOLY NAMES OF JESUS AND MARY US ONTARIO PO BOX 398 MARYLHURST OR 97036 204366910 RELIGIOUS OR 501(C)(3) Charity Status 1 N/A false false false false false false false false false false false false false false false true true false false false