2025-05-15T02:21:27-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2023-07-01 956196006 CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION CALI 8186774657 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 IRA UNTERMAN CFO/SECRETARY 8186774657 2025-05-14 1 1 JOLANTA TUCK P01340068 9164429100 2025-05-13 2023 2025-03-06 01:10:19Z NICHOLE IPACH 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 72263154 0 X WWW.CSUN.EDU/FOUNDATION X 1995 CA SUPPORT AND ENHANCE THE VISION, MISSION, AND VALUES OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. 34 27 0 40 0 0 18592074 18982429 1403038 1704784 7096986 7333315 116070 -377641 27208168 27642887 5297708 6325242 0 0 0 0 0 0 893098 16359734 23999587 21657442 30324829 5550726 -2681942 333939822 359763158 1329633 1268454 332610189 358494704 THE ORGANIZATION'S MISSION IS TO SUPPORT AND ENHANCE THE VISION, MISSION AND VALUES OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE BY RAISING, INVESTING, AND MANAGING PRIVATE PHILANTHROPIC GIFTS TO BENEFIT THE UNIVERSITY. 0 0 27390938 6325242 1704784 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE FOUNDATION (THE FOUNDATION) SERVES AS AN AUXILIARY ORGANIZATION TO CALIFORNIA STATE UNIVERSITY, NORTHRIDGE WITH A GOAL OF FURTHERING THE PURPOSES AND OBJECTIVES OF THE UNIVERSITY. THE FOUNDATION'S MAIN FUNCTION IS TO ADMINISTER THE RECEIPT AND DISBURSEMENT OF GIFTS, GRANTS, BEQUESTS, AND TRUSTS FROM VARIOUS DONORS TO DIFFERENT DEPARTMENTS OF THE UNIVERSITY. THE FOUNDATION ALSO ASSISTS THE UNIVERSITY IN VARIOUS ACTIVITIES, INCLUDING ACCUMULATION AND MANAGING OF LIFE INCOME, ANNUITY AND STUDENT SCHOLARSHIP FUNDS, AND ADMINISTERING FUNDS FOR VARIOUS EDUCATIONAL RELATED FUNCTIONS, SPECIAL PROGRAMS, AND OTHER ACTIVITIES. 27390938 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 382 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 34 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X IRA N UNTERMAN CFOSECRETARY 8186774657 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 ERIKA D BECK DIRECTOR 3.00 37.00 X 0 513675 82937 MEERA KOMARRAJU DIRECTOR 1.00 39.00 X 0 323154 71721 COLIN J DONAHUE DIRECTOR 2.00 38.00 X 0 302292 124468 NICHOLE IPACH PRESIDENT 10.00 30.00 X X 0 287529 105294 IRA N UNTERMAN CFO/SECRETARY 15.00 25.00 X X 0 175760 86259 MICHAEL G NEUBAUER DIRECTOR 1.00 39.00 X 0 169946 76958 WENDY J GREUEL DIRECTOR 2.00 38.00 X 0 120000 0 ROBERT D TAYLOR BOARD CHAIR 3.00 X X 0 0 0 ROBERT M MYMAN IMMEDIATE PAST CHAIR 2.00 X 0 0 0 ALAN I ABRAMSON DIRECTOR 1.00 X 0 0 0 HONEY K AMADO DIRECTOR 1.00 X 0 0 0 KAREN I BOYD DIRECTOR 1.00 X 0 0 0 FELICIA S CONLAN DIRECTOR 1.00 X 0 0 0 LESLIE S CUTLER DIRECTOR 1.00 X 0 0 0 DENNIS J DEYOUNG DIRECTOR 2.00 X 0 0 0 PAIGE HAJILOO DIRECTOR 1.00 3.40 X 0 0 0 JOHN J HARRIS DIRECTOR 1.00 X 0 0 0 RUTH A HARRIS DIRECTOR 2.00 X 0 0 0 HELEN HOEHNE DIRECTOR 1.00 X 0 0 0 PAUL S JENNINGS DIRECTOR 1.00 X 0 0 0 GEORGE S LEIS DIRECTOR 2.00 X 0 0 0 BARBARA G LEVY DIRECTOR 1.00 X 0 0 0 PATRICIA A MALONEY DIRECTOR 1.00 X 0 0 0 DIANE S MANZELLA DIRECTOR 1.00 X 0 0 0 ROBERT MEYERSON DIRECTOR 1.00 X 0 0 0 PRISCILLA A MOYER DIRECTOR 1.00 X 0 0 0 KAITLYN N OROZCO DIRECTOR 1.00 18.00 X 0 0 0 CARSON E SCHREIBER DIRECTOR 1.00 X 0 0 0 RICHARD H SCHWEITZER DIRECTOR 2.00 X 0 0 0 JOHN N SINNEMA DIRECTOR 2.00 X 0 0 0 MILTON G VALERA DIRECTOR 1.00 X 0 0 0 STUART T WALDMAN DIRECTOR 1.00 X 0 0 0 IRVING ZAKHEIM DIRECTOR 1.00 X 0 0 0 SUSANA M ZIARATI DIRECTOR 1.00 X 0 0 0 0 1892356 547637 0 0 1 0 GOLDMAN SACHS 10100 SANTA MONICA BLVD 26TH FLOOR LOS ANGELES CA 90067 INVESTMENT MANAGEMENT 896392 EXCELENCIA IN EDUCATION 1156 15TH STREET NORTHWEST SUITE 1 WASHINGTON DC 200051705 CONSULTING 311500 ADVANTAGE MAILING LLC DBA ADVANTAGECOLO PO BOX 66013 ANAHEIM CA 928166013 PRINTING SERVICES 263767 CSULB 49ER FOUNDATION 1250 BELLFLOWER BOULEVARD BH 387 LONG BEACH CA 908400116 CONSULTING 190222 CAL POLY POMONA PHILANTHROPIC FOUNDATION 3801 WEST TEMPLE AVENUE BUILDING 1 POMONA CA 917682557 CONSULTING 190222 11 15046 806795 18160588 2458311 18982429 PROGRAM INCOME 900099 1704784 1704784 1704784 6962657 6962657 44424554 44053896 370658 370658 370658 188730 806795 566371 -377641 -377641 27642887 1704784 0 6955674 X 6170523 6170523 154719 154719 34115 30766 1329 2020 72005 64936 2805 4264 907327 907327 10222316 8989961 765508 466847 436189 428394 7795 871204 623794 172691 74719 461809 450045 7644 4120 517876 498385 2043 17448 EQUIPMENT 4464421 4454211 200 10010 PROGRAM COSTS 3867020 3847752 14459 4809 HOSPITALITY 1647306 1311222 40147 295937 DUES & SUBSCRIPTIONS 297973 277954 14930 5089 200026 88276 111710 40 30324829 27390938 2040793 893098 28729323 26176444 4784581 8553162 25984027 14840070 61623 185417 554732 146557 241004877 273405050 29005239 32715115 3815420 3741343 333939822 359763158 1195749 1153878 133884 114576 1329633 1268454 X 85619547 98037492 246990642 260457212 332610189 358494704 333939822 359763158 -2681942 28566457 0 X 0 1 X 1 0 X 14361871 65313565 44968926 18592074 18982429 162218865 14361871 65313565 44968926 18592074 18982429 162218865 29683442 132535423 4883991 3733946 8140252 5510183 6962657 29231029 7227 7227 143169 71057 120000 184913 519139 191976260 5637401 0.69040 0.70270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 143,169. 2020 AMOUNT: $ 71,057. 2021 AMOUNT: $ 120,000. 2022 AMOUNT: $ 120,677. GAIN ON DISPOSAL OF FIXED ASSETS - 2022 AMOUNT: $ 64,236. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4700 2673052 X X X 0 206677431 4701676 23334159 5353262 229360004 188815711 1354415 21841280 5333975 206677431 163517427 5948289 23827096 4477101 188815711 129849676 13083952 24662954 4079155 163517427 126227225 6571246 1422184 4370979 129849676 0.21171 0.52812 0.26016 0 0 0 LIMITED PARTNERSHIPS 32715115 F 32715115 DUE TO RELATED PARTIES 114576 114576 X 55868388 28566457 566371 29132828 26735560 907327 907327 27642887 29983873 566371 566371 29417502 907327 907327 30324829 PART III, LINE 4: THE FOUNDATION'S ART COLLECTION IS MAINTAINED FOR THE BENEFIT OF THE FACULTY AND STUDENTS OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE, TO FURTHER THE ACADEMIC PURSUITS, BOTH IN THE CLASSROOM AND WITHIN EXHIBITIONS HELD ON CAMPUS. ARTWORK IS UTILIZED TO HIGHLIGHT THE HISTORY OF THE UNIVERSITY AND THE REGION IN WHICH IT IS SITUATED. PART V, LINE 4: ENDOWMENTS ARE USED FOR SCHOLARSHIPS AND ACADEMIC AND UNIVERSITY SUPPORT AS SPECIFIED BY THE DONORS. PART X, LINE 2: THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR FISCAL YEARS 2023, 2022 AND 2021, REMAIN OPEN. THE FOUNDATION'S STATE INCOME TAX RETURNS FOR FISCAL YEARS 2023, 2022, 2021 AND 2020 REMAIN OPEN. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES RECLASSED TO REVENUE 566,371. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES RECLASSED TO REVENUE 566,371. THE SORAYA GALA 542270 484830 57440 83629 172077 CONSTRUCTION MGMT GOLF CLASSIC 243300 162220 81080 28578 27946 73690 3 209955 159745 50210 64669 74166 41616 995525 806795 188730 93247 185741 287383 566371 -377641 1 CALIFORNIA STATE UNIVERSITY NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 501(C)(3) 4510142 1660381 FMV TANGIBLE PROPERTY SCHOLARSHIPS, STUDENT ASSISTANCE, AND OTHER OPERATING EXPENSES 1 0 RECOGNITION AWARDS 93 154719 PART I, LINE 2: THE GRANTS PAID TO CALIFORNIA STATE UNIVERSITY, NORTHRIDGE ("THE UNIVERSITY") AND TO INDIVIDUALS ARE SCHOLARSHIPS FOR STUDENTS. THE SCHOLARSHIPS ARE AWARDED ON A COMPETITIVE BASIS AND, IN MOST CASES, DO NOT NEED TO BE REPAID. THE SCHOLARSHIPS CAN BE BASED UPON ACADEMIC ACHIEVEMENT, TALENT, NEED, OR OTHER DONOR INTERESTS, SUCH AS A STUDENT'S MAJOR AND GOALS. THE FINANCIAL AID DEPARTMENT OF THE UNIVERSITY MAINTAINS RECORDS ON ELIGIBILITY OF SCHOLARSHIPS. SCHOLARSHIPS PAID TO STUDENTS DIRECTLY BY THE FOUNDATION ARE COORDINATED WITH THE UNIVERSITY AND REPORTED TO THE FINANCIAL AID DEPARTMENT. 0 0 0 0 0 0 0 0 0 ERIKA D BECK DIRECTOR 0 436123 0 65000 0 12552 0 46733 0 36204 0 596612 0 0 MEERA KOMARRAJU DIRECTOR 0 302392 0 20000 0 762 0 46733 0 24988 0 394875 0 0 COLIN J DONAHUE DIRECTOR 0 302034 0 0 0 258 0 97248 0 27220 0 426760 0 0 NICHOLE IPACH PRESIDENT 0 278469 0 0 0 9060 0 90079 0 15215 0 392823 0 0 IRA N UNTERMAN CFO/SECRETARY 0 175502 0 0 0 258 0 57270 0 28989 0 262019 0 0 MICHAEL G NEUBAUER DIRECTOR 0 169946 0 0 0 0 0 48169 0 28789 0 246904 0 0 PART I, LINE 3 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE, A RELATED ORGANIZATION, ESTABLISHES COMPENSATION FOR ANY INDIVIDUALS COMPENSATED BY A RELATED ORGANIZATION ON PART VII FOR CALENDAR YEAR 2023. THIS RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: THE COMPENSATION OF THE FACULTY AND STAFF ARE DETERMINED BY POLICIES AND PROCEDURES APPROVED BY THE TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY, NORTHRIDGE AND IMPLEMENTED AT THE CAMPUS UNDER THE DIRECTION OF THE PRESIDENT OF THE UNIVERSITY, WHO IS A MEMBER OF THE BOARD. THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. X 2 4700 FMV X 1047 FMV X 34876 FMV X 45 101200 FMV X 16 2228818 FMV X 1 6 FMV X AUCTION ITEMS 162 64518 FMV X ACADEMIC SUPPLIES 23 12373 FMV X EVENT SUPPLIES 19 10773 FMV 0 1 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: THE ORGANIZATION UTILIZES A THIRD PARTY FOR DONATIONS OF VEHICLES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE MEMBERS OF THE AUDIT COMMITTEE. THE TAX RETURN IS ALSO DISTRIBUTED IN ITS ENTIRETY TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE REVIEW OF THE ANNUAL CONFLICT OF INTEREST STATEMENTS. IN THIS CAPACITY, ANY CONFLICT WOULD BE INVESTIGATED, DISCUSSED, AND REVIEWED FOR REFERRAL TO THE EXECUTIVE COMMITTEE. ANY MEMBER OF THE BOARD WITH A CONFLICT IS EXPECTED TO RECUSE THEMSELVES FROM ANY DECISIONS IN WHICH THE CONFLICT IS APPARENT. CONFLICTS ARE ALSO MONITORED AND DISCLOSED AT THE COMMITTEE LEVEL AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE ESTABLISHED AND MAINTAINS THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL. COMPENSATION IS DETERMINED BY CAMPUS OFFICE OF HUMAN RESOURCES USING CALIFORNIA STATE UNIVERSITY APPROVED METHODOLOGIES FOR DETERMINING COMPARABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAINTAINS A WEBSITE AT WHICH INDIVIDUALS CAN ACCESS COPIES OF PERTINENT DOCUMENTS RELATED TO THE OPERATION OF THE FOUNDATION, INCLUDING FINANCIAL STATEMENTS, AUDIT REPORTS, AND TAX RETURNS. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 2,581,870. MANAGEMENT AND GENERAL EXPENSES 118,211. FUNDRAISING EXPENSES 179,716. TOTAL EXPENSES 2,879,797. MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 6,270,686. MANAGEMENT AND GENERAL EXPENSES 641,362. FUNDRAISING EXPENSES 278,107. TOTAL EXPENSES 7,190,155. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 137,405. MANAGEMENT AND GENERAL EXPENSES 5,935. FUNDRAISING EXPENSES 9,024. TOTAL EXPENSES 152,364. CALIFORNIA STATE UNIVERSITY NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 ACCREDITED PUBLIC UNIVERSITY CA 115 N/A N/A 0 NORTH CAMPUS - UNIVERSITY PARK DEVELOPMENT CORPORATION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954115921 RENTAL INCOME AND LICENSING FEES FROM NORTH CAMPUS FACILITIES CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 ASSOCIATED STUDENTS INC 18111 NORDHOFF STREET NORTHRIDGE CA 91330 951992734 SUPPORTING ORGANIZATION FOR CALIFORNIA STATE UNIVERSITY, NORTHRIDGE CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 UNIVERSITY STUDENT UNION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 237321859 EXPANDS THE COLLEGE EXPERIENCE THROUGH VARIOUS PROGRAMS AND SERVICES CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 THE UNIVERSITY CORPORATION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 951992732 SUPPORTING ORGANIZATION FOR CALIFORNIA STATE UNIVERSITY, NORTHRIDGE CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY NORTHRIDGE 0 0 1 0 0 1 0 0 0 0 1 0 1 1 0 1 1 1 0 0