2021-05-17T11:37:39-05:00 2020-06-30 221478099 COHNREZNICK LLP 400 CAPITOL MALL SUITE 1200 SACRAMENTO CA 95814 990 2019-07-01 956196006 CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION CALI 8186774657 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 IRA UNTERMAN CFO 8186774657 2021-05-13 1 LISA M CUMMINGS CPA P00043433 9164429100 2021-05-13 2019 2022-09-23 18:48:47Z ROBERT GUNSALUS 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 64855436 0 X WWW.CSUN.EDU/FOUNDATION X 1995 CA SUPPORT AND ENHANCE THE VISION, MISSION, AND VALUES OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. 37 28 0 50 0 0 15506125 14361871 624853 784672 3528320 4776076 118087 222151 19777385 20144770 3429951 3289409 0 0 4197390 3988841 0 25000 606139 6541192 6489463 14168533 13792713 5608852 6352057 197306529 204700858 255400 404642 197051129 204296216 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 12403237 3289409 927841 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, CONTRACTS, BEQUESTS, AND TRUSTS FROM VARIOUS DONORS TO DIFFERENT DEPARTMENTS OF THE UNIVERSITY. THE FOUNDATION ALSO ASSISTS THE UNIVERSITY IN VARIOUS ACTIVITIES, INCLUDING ACCUMULATION AND MANAGEMENT OF LIFE INCOME, ANNUITY AND STUDENT SCHOLARSHIP FUNDS, AND ADMINISTERING FUNDS FOR VARIOUS EDUCATION-RELATED FUNCTIONS, SPECIAL PROGRAMS, AND OTHER ACTIVITIES. 12403237 1 1 0 0 0 0 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 167 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 37 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X IRA N UNTERMAN CHIEF FINANCIAL OFFICER 8186774657 18111 NORDHOFF STREET NORTHRIDGE CA 913308296 ALAN I ABRAMSON DIRECTOR 1.00 X 0 0 0 BARBARA J LEVY DIRECTOR 1.00 X 0 0 0 CARSON SCHREIBER DIRECTOR 1.00 X 0 0 0 CARY J LEFTON DIRECTOR 1.00 X 0 0 0 CHARLES B GILBERT DIRECTOR 1.00 X 0 0 0 COLIN J DONAHUE DIRECTOR 1.00 39.00 X 0 263683 109349 DAVID P MALONE DIRECTOR 1.00 X 0 0 0 DAVID W FLEMING DIRECTOR 1.00 X 0 0 0 DENNIS J DEYOUNG DIRECTOR 1.00 X 0 0 0 DIANA VICENTE DIRECTOR (STUDENT REPRESENTATIVE) 1.00 18.00 X 0 10160 0 DIANE S MANZELLA DIRECTOR 1.00 X 0 0 0 DIANNE F HARRISON UNIVERSITY PRESIDENT 3.00 37.00 X X 0 383126 134544 HONEY K AMADO DIRECTOR 1.00 X 0 0 0 IRA N UNTERMAN CHIEF FINANCIAL OFFICER 15.00 25.00 X X 0 144798 74441 IRVING ZAKHEIM DIRECTOR 1.00 X 0 0 0 IVAN L AXELROD DIRECTOR 1.00 X 0 0 0 JOHN J HARRIS DIRECTOR 1.00 X 0 0 0 JOHN R GOLISCH DIRECTOR 1.00 X 0 0 0 KEITH E WEAVER DIRECTOR 1.00 X 0 0 0 LESLIE S CUTLER DIRECTOR 1.00 X 0 0 0 MAITE I BAUR DIRECTOR 1.00 X 0 0 0 MARY BETH WALKER DIRECTOR 1.00 39.00 X 0 148045 49537 MARY-PATRICIA STEIN DIRECTOR (FACULTY REPRESENTATIVE) 1.00 39.00 X 0 145095 61688 MILTON G VALERA DIRECTOR 1.00 X 0 0 0 MOHAMMAD Q HOTAKI DIRECTOR (STUDENT REPRESENTATIVE) 1.00 18.00 X 0 7545 0 PATRICIA A MALONEY DIRECTOR 1.00 X 0 0 0 PAUL S JENNINGS DIRECTOR 1.00 X 0 0 0 RAVI K SAWHNEY DIRECTOR (EFFECTIVE 3/5/20) 1.00 1.00 X 0 0 0 RICHARD H SCHWEITZER DIRECTOR (EFFECTIVE 3/5/20) 1.00 1.00 X 0 0 0 ROBERT D GUNSALUS FOUNDATION PRESIDENT 10.00 30.00 X X 0 264780 104325 ROBERT D TAYLOR VICE CHAIR 2.00 X X 0 0 0 ROBERT M MYMAN CHAIR 2.00 X X 0 0 0 RUTH A HARRIS DIRECTOR 1.00 X 0 0 0 SCOTT J WEISS DIRECTOR 1.00 X 0 0 0 SILVIA BIZIO DIRECTOR 1.00 X 0 0 0 STUART T WALDMAN DIRECTOR 1.00 1.00 X 0 0 0 WENDY J GREUEL DIRECTOR 1.00 39.00 X 0 120000 0 0 1487232 533884 0 0 1 0 GOLDMAN SACHS 2121 AVENUE OF THE STARS 26TH FLOO LOS ANGELES CA 90067 INVESTMENT MANAGEMENT 541825 1 89587 19503 14252781 2251223 14361871 PROGRAM INCOME 900099 784672 784672 784672 4812236 4812236 71755 71755 44648330 44684490 -36160 -36160 -36160 33403 19503 26176 7227 7227 MISCELLANEOUS REVENUE 900099 143169 143169 143169 20144770 927841 0 4855058 3234609 3234609 54800 54800 2986363 2329410 412053 244900 857938 669205 118377 70356 144540 112744 19943 11853 6596 5788 391 417 61721 54159 3654 3908 25000 25000 541825 541825 942323 848801 57273 36249 682050 669666 405 11979 505819 302295 88864 114660 325341 304802 8545 11994 132637 132042 67 528 262395 260334 2061 35189 34913 276 3750 3534 87 129 35670 31299 2112 2259 PROGRAM COSTS 1449130 1380581 59097 9452 HOSPITALITY 750153 720827 1905 27421 DUES & SUBSCRIPTIONS 334475 293318 9339 31818 EQUIPMENT COSTS 182483 182090 162 231 237906 236195 1063 648 13792713 12403237 783337 606139 1875167 4535088 2220765 2110041 22028691 17035038 25000 16503 433209 426939 147145112 157211958 18347471 17929165 5231114 5436126 197306529 204700858 255400 404642 255400 404642 X 33873406 35321812 163177723 168974404 197051129 204296216 197306529 204700858 6352057 893030 0 X X 0 1 X 1 0 X 14814613 16949024 23929479 15506125 14361871 85561112 14814613 16949024 23929479 15506125 14361871 85561112 18263455 67297657 2768046 2725862 3191707 4346045 4883991 17915651 186226 399240 362240 356667 176572 1480945 104957708 2877710 0.64120 0.63570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 87,476. 2017 AMOUNT: $ 188,582. 2018 AMOUNT: $ 187,890. 2019 AMOUNT: $ 143,169. GROSS INCOME FROM FUNDRAISING EVENTS - 2015 AMOUNT: $ 98,750. 2016 AMOUNT: $ 399,240. 2017 AMOUNT: $ 173,658. 2018 AMOUNT: $ 168,777. 2019 AMOUNT: $ 33,403. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86001 3343639 X X 0 126227225 6571246 1422184 4370979 129849676 118059370 5801173 6611749 4245067 126227225 99108025 16766736 5673892 3489283 118059370 85843693 8276590 8557539 3569797 99108025 85851806 4896604 -2393187 2511530 85843693 0.04430 0.73960 0.21610 0 0 0 LIMITED PARTNERSHIPS 17929165 F 17929165 X 20522151 893030 26176 919206 19602945 541825 541825 20144770 13277064 26176 26176 13250888 541825 541825 13792713 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH CONTRIBUTIONS SINCE THE FOUNDATION'S INCEPTION, ARE RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION WITHIN OTHER ASSETS. THE FOUNDATION'S COLLECTIONS ARE MADE UP OF ART AND ARTIFACTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. DURING THE YEAR ENDED JUNE 30, 2020, THE FOUNDATION RECEIVED ART WHICH WAS APPRAISED AT $86,001. PART III, LINE 4: THE FOUNDATION'S COLLECTIONS ARE MADE UP OF ART AND ARTIFACTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES, FURTHERING THE PURPOSES AND OBJECTIVES OF THE UNIVERSITY. 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 IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE REVENUE TAXATION CODE OF CALIFORNIA. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2020. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR FISCAL YEARS 2019, 2018 AND 2017 REMAIN OPEN. THE FOUNDATION'S STATE INCOME TAX RETURNS FOR FISCAL YEARS 2019, 2018, 2017 AND 2016 REMAIN OPEN. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 26,176. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 26,176. X X X X X X 1 SHERRI MORR 1240 CORNING STREET 103 LOS ANGELES CA 90035 FUNDRAISING CONSULTANT 0 0 25000 0 25000 CA BEN GRAHAM GOLF TOURNAMENT 22072 6604 15468 7500 2877 3631 SOFTBALL GOLF TOURNAMENT 30834 12899 17935 6656 3116 2396 52906 19503 33403 14156 5993 6027 26176 7227 1 CALIFORNIA STATE UNIVERSITY NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 501(C)(3) 2788971 445638 PURCHASE PRICE EQUIPMENT STUDENT SCHOLARSHIPS & STIPENDS, CAPITAL PROJECTS 1 0 AWARDS 41 54800 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 COLIN J DONAHUE DIRECTOR 0 263425 0 0 0 258 0 80532 0 28817 0 373032 0 0 DIANNE F HARRISON UNIVERSITY PRESIDENT 0 367078 0 0 0 16048 0 111508 0 23036 0 517670 0 0 IRA N UNTERMAN CHIEF FINANCIAL OFFICER 0 144540 0 0 0 258 0 45043 0 29398 0 219239 0 0 MARY BETH WALKER DIRECTOR 0 122880 0 25000 0 165 0 37503 0 12034 0 197582 0 0 MARY-PATRICIA STEIN DIRECTOR (FACULTY REPRESENTATIVE) 0 135019 0 0 0 10076 0 41079 0 20609 0 206783 0 0 ROBERT D GUNSALUS FOUNDATION PRESIDENT 0 255642 0 0 0 9138 0 77577 0 26748 0 369105 0 0 PART I, LINE 3 THE COMPENSATION OF THE FACULTY AND STAFF ARE DETERMINED BY POLICIES AND PROCEDURES APPROVED BY THE TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY 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. X 4 86001 FMV X 1 750 FMV X 613 FMV X 67 61820 FMV X 25 1649446 FMV X 1 340000 FMV X 1 23717 FMV X ACADEMIC SUPPLIES 17 63860 FMV X EVENT SUPPLIES 39 12630 FMV X AUCTION ITEMS 69 12386 FMV 7 0 1 0 PART I, COLUMN (B): COLUMN (B) REFLECTS THE NUMBER OF CONTRIBUTIONS. 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 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 XII, LINE 2C: THE ORGANIZATION'S PROCESSES FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED FROM THE PREVIOUS YEAR. 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 N/A 0 ASSOCIATED STUDENTS INC 18111 NORDHOFF STREET NORTHRIDGE CA 91330 951992734 CREATE AND ENHANCE A SPIRITED LEARNING-FOCUSED CAMPUS ENVIRONMENT CA 501(C)(3) LINE 12C, III-FI N/A 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 N/A 0 THE UNIVERSITY CORPORATION 18111 NORDHOFF STREET NORTHRIDGE CA 91330 951992732 SUPPORTING ORGANIZATION FOR CSU NORTHRIDGE CA 501(C)(3) LINE 12C, III-FI N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0