2020-06-18T15:08:26-05:00 2019-06-30 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2018-07-01 941384645 The University Corporation San Francisco State % TAMMIE RIDGELL UNIV 4153387123 1600 Holloway Ave Admin Bldg RM 361 San Francisco CA 94132 JASON PORTH Executive Director 4153386880 2020-06-17 true QI WEN LIANG P01270238 4159863900 2020-06-05 67.161.68.53 94336920201705000000 2020-06-18 P 85285106D67D06EDFF820F5FFC2BA856D01BFB4B D4BE2A6F61262CBBFFF35FAD812F602584DEF2E7 2018 2020-09-23 17:36:50Z JASON PORTH 1600 Holloway Ave Admin 361 San Francisco CA 94132 33393417 false X http://ucorp.sfsu.edu X 1946 CA UNIVERSITY CORPORATION SERVES AS AN AUXILIARY ORGANIZATION OF SAN FRANCISCO STATE UNIVERSITY. 17 5 231 54 0 0 6854608 8987526 6149282 7277820 618797 914471 1256693 981990 14879380 18161807 3105661 3500281 0 0 3881454 4090401 0 0 0 8956840 9348593 15943955 16939275 -1064575 1222532 35576393 37288974 3824962 3676087 31751431 33612887 X THE PURPOSE OF THE UNIVERSITY CORPORATION IS TO PROMOTE, ASSIST, AND ENHANCE THE EDUCATIONAL MISSION OF SAN FRANCISCO STATE UNIVERSITY THROUGH EDUCATIONAL PROJECTS, UNIVERSITY RESEARCH AND DEVELOPMENT PROJECTS, AND COMMUNITY OUTREACH. false false 832947 0 589000 THE GUARDIAN SCHOLARS PROGRAM PROVIDES TUITION, HOUSING, LIVING EXPENSES, AND COUNSELING SERVICES TO FORMER FOSTER YOUTH ENROLLED AT SAN FRANCISCO STATE UNIVERSITY. 708203 0 503500 President's Leadership Fellows provide students with tools and resources to assist them in their preparation and transition to job-readiness. Fellows learn skills including leadership, teamwork, personal branding, interview techniques, and networking. Program cost were related to salary and benefits, furniture and program cost including independent contractors to lead workshops, space rental for special events, hospitality and software. 643668 0 642701 GRAD COMMENCEMENT TO PROVIDE FUNDING FOR THE PLANNING AND ADMINISTRATION OF THE UNIVERSITYS ANNUAL COMMENCEMENT, HELD AT ORACLE PARK. COMMENCEMENT IS HELD FOR APPROXIMATELY 7,000 GRADUATES AND THEIR FAMILIES. 11122741 3500281 6592860 OTHER PROGRAM SERVICES - SEE SCHEDULE O 11122741 3500281 6592860 13307559 true true false false false false false false false true true true false false true false true true false false false false false false true false false true false true false false false false false false false false false false false false false true false false false true 287 0 true 231 true false false false false false true true false false false false false false X 17 5 false false false false false true true true true false false true true true true true true false false false CA X X TAMMIE RIDGELL 4153381706 1600 HOLLOWAY AVENUE ADM 361 San Francisco CA 94132 TREVOR GETZ CHAIR 1.0 40.0 X X 0 152271 64178 ALISON SANDERS VICE CHAIR 1.0 40.0 X X 0 177974 60789 JASON PORTH EXECUTIVE DIRECTOR 20.0 20.0 X X 0 213848 86165 BRIAN BEATTY DIRECTOR 1.0 40.0 X 0 173548 73507 GENE CHELBERG DIRECTOR 1.0 40.0 X 0 130364 58420 NEIL COHEN DIRECTOR 1.0 40.0 X 0 8611 0 KATHY O'DONNELL DIRECTOR 1.0 40.0 X 0 139440 42596 HRAG KALEBJIAN DIRECTOR 1.0 0.0 X 0 0 0 JAY ORENDORFF VP/CFO'S DESIGNEE 1.0 40.0 X X 0 177855 60557 KAL SALAMA DIRECTOR 1.0 0.0 X 0 0 0 ROB STRONG DIRECTOR 1.0 40.0 X 0 17613 0 BONNIE LI VICTORINO SECRETARY OF THE BOARD 1.0 40.0 X X 0 86860 56962 ANOSHUA CHAUDHURI FACULTY REPRESENTATIVE 1.0 40.0 X 0 122410 58623 NANCY GERBER DIRECTOR 1.0 40.0 X 0 114164 31152 MIA VEAL STUDENT REPRESENTATIVE 1.0 0.0 X 0 0 0 GARRICK WILELM STUDENT REPRESENTATIVE 1.0 0.0 X 0 0 0 IVY TRAN STUDENT REPRESENTATIVE 1.0 0.0 X 0 0 0 0 1514958 592949 0 false true false GRANT THORNTON LLP 101 ALMADEN BLVD SUITE 800 SAN JOSE CA 95113 AUDIT AND TAX 108858 1 109542 75072 3512179 740573 4550160 18293 8987526 PROJECT REVENUE 611710 3302162 3302162 0 0 FACILITIES RENTAL 611710 2759970 2759970 0 0 COMMISIONS EARNED 611710 755079 755079 0 0 REGISTRATION FEES 611710 460609 460609 0 0 7277820 864860 864860 0 0 0 0 0 14198795 14149184 49611 49611 49611 117329 75072 185580 -68251 -68251 0 0 0 1852632 896846 955786 955786 OTHER OPERATING REVENUE 611710 94455 94455 0 0 94455 18161807 8328061 0 846220 3500281 3500281 0 0 0 0 0 3137011 3053136 83875 0 953390 945355 8035 0 0 18875 18875 98720 98720 0 0 93742 93742 231304 326388 -95084 12192 12092 100 840096 710586 129510 0 0 1600886 1538468 62418 264036 249673 14363 0 20477 15072 5405 0 0 254890 254890 29116 8198 20918 CONTRACTUAL SERVICES 4068046 330327 3737719 0 HOSPITALITY 711319 702383 8936 0 STIPENDS 332093 332093 0 0 COST RECOVERY-EXPENSES 55609 0 55609 0 717192 1583507 -866315 16939275 13307559 3631716 0 298568 791960 220670 320690 1557010 1052138 1097455 790771 0 0 0 0 0 0 0 0 36250 46446 5302940 3308890 1149000 1994050 22592572 17465759 8624868 14428968 0 0 0 0 0 398192 35576393 37288974 1094566 1355697 0 0 145403 302619 0 0 0 0 0 0 0 0 0 0 2584993 2017771 3824962 3676087 X 9905487 10684083 1149000 1356245 20696944 21572559 31751431 33612887 35576393 37288974 1222532 638924 X false true X true false X 7290291 6253007 11645617 6854608 8987526 41031049 0 0 7290291 6253007 11645617 6854608 8987526 41031049 2008033 39023016 836096 671572 420254 655151 842921 3425994 0 58349 136664 161956 94371 117329 568669 45025712 37576250 0.86668 0.86335 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 618392 29046 21939 625499 613935 4457 618392 583336 42405 11806 613935 600731 -5659 11736 583336 594345 18252 11866 600731 1.00000 false false 0 0 0 3113948 1456162 1657786 0 2188992 1852728 336264 1994050 INVESTMENT IN LAIF 7011568 F ALTERNATIVE INVESTMENTS 1687152 F EQUITY SECURITIES 4004191 F CORPORATE DEBT SECURITIES 429965 F MUNICIPAL BONDS 172182 F MORTGAGE POOLS 917250 F CMO & ASSET BACKED SECURITIES 206660 F 14428968 0 DUE TO RELATED ORGANIZATIONS 1668059 LEASE RENT PAYABLE (STRAIGHT-LINE) 349712 2017771 19789415 638924 638924 19150491 93742 -1082426 -988684 18161807 17927959 1082426 1082426 16845533 93742 93742 16939275 INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4: DURING FISCAL YEAR 2018-2019, SAN FRANCISCO STATE UNIVERSITY FOUNDATION PROVIDED THE UNIVERSITY CORPORATION, SAN FRANCISCO STATE (AN AUXILIARY ORGANIZATION OF SFSU) WITH APPROXIMATELY $3.5 MILLION IN FUNDING. THE FUNDS WERE USED FOR THE FOLLOWING PRIMARY PURPOSES: (A) APPROXIMATELY 42% OF THE FUNDING WENT TO DIRECT STUDENT SUPPORT IN THE FORM OF SCHOLARSHIPS AND STIPENDS; (B) ABOUT 22% WENT TO REIMBURSING SFSU FOR FACULTY TIME. MOST OF THIS WAS FOR DIRECT-INSTRUCTION OF STUDENTS, HOWEVER, ABOUT 5% WAS FOR RESEARCH AND TRAVEL; (C) 19% WENT TOWARD CAPITAL IMPROVEMENTS TO THE SF STATE ART GALLERY (D) 17% FUNDED A VARIETY OF OTHER PROGRAMS INCLUDING NON-ACCREDITED ADULT EDUCATION, RESEARCH AND SCHOLARLY ACTIVITIES, TECHNOLOGY, VISITING PROFESSORS AND LECTURES, AND MISCELLANEOUS SPECIAL PROJECT. SCHEDULE D, PART V THE ENDOWMENT IS RESTRICTED FOR LIMITED PURPOSE. THE ENDOWMENT ONLY EARNS INTEREST AND NOT DISTRIBUTIONS BECAUSE OF SPECIFIC RESTRICTIONS FOR TEACHERS WITH CANCER. SCHEDULE D, PART X, LINE 2: THE ORGANIZATION PREPARED ITS AUDITED FINANCIAL STATEMENTS IN ACCORDANCE WITH THE ACCOUNTING PRINCIPLES AS PRESCRIBED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB). THE FOOTNOTE ON INCOME TAXES DOES NOT REPORT LIABILITY FOR UNCERTAIN TAX POSITONS UNDER ASC 740. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN SCHEDULE D, PART XI, LINE 4B: COST OF GOODS SOLD $(896,846) FUNDRAISING EVENT EXPENSES $(185,580) TOTAL $(1,082,426) RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN SCHEDULE D, PART XII, LINE 2D: COST OF GOODS SOLD $896,846 FUNDRAISING EVENT EXPENSE $185,580 TOTAL $1,082,426 ALUMNI H O F 131319 33025 98294 119066 5341 19703 TASTE OF BAY 33519 17301 16218 16500 13325 1 27563 24746 2817 9382 2263 192401 75072 117329 135566 14723 35291 185580 -68251 false SAN FRANCISCO STATE UNIVERSITY 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 931137247 115 3011356 EDUCATIONAL SUPPORT ASSOCIATED STUDENTS INC 1600 HOLLOWAY AVE SAN FRANCISCO CA 94132 941170352 501(C)(3) 325720 STUDENT SUPPORT SFSU FOUNDATION 1600 HOLLOWAY AVE SAN FRANCISCO CA 94132 261169717 501(C)(3) 163205 STUDENT SUPPORT 3 Schedule I, Part I, Line 2 GRANTS ARE MADE EITHER DIRECTLY TO SAN FRANCISCO STATE UNIVERSITY (WHICH THE SAN FRANCISCO STATE UNIVERSITY FOUNDATION IS AN AUXILIARY ORGANIZATION OF) OR THE UNIVERSITY CORPORATION, SAN FRANCISCO STATE (ANOTHER AUXILIARY ORGANIZATION OF SFSU). SFSU CONTROLS BOTH SAN FRANCISCO STATE UNIVERSITY FOUNDATION AND THE UNIVERSITY CORPORATION, SAN FRANCISCO STATE VIA THE POWER TO APPROVE MEMBERS OF EACH OF THE ORGANIZATION'S BOARD. GRANT FUNDS ARE USED SOLELY TO ADVANCE THE MISSION OF SFSU AND ARE MONITORED TO ENSURE THEY ARE USED FOR PROPER PURPOSES VIA THIS COMMON CONTROL. false false false false false false false false false TREVOR GETZ CHAIR 0 152271 0 0 0 0 0 38627 0 25697 0 216595 0 0 ALISON SANDERS VICE CHAIR 0 177974 0 0 0 0 0 51551 0 9238 0 238763 0 0 JASON PORTH EXECUTIVE DIRECTOR 0 213758 0 0 0 90 0 62103 0 24318 0 300269 0 0 BRIAN BEATTY DIRECTOR 0 173548 0 0 0 0 0 49046 0 25661 0 248255 0 0 GENE CHELBERG DIRECTOR 0 128590 0 0 0 1774 0 38335 0 20342 0 189041 0 0 KATHY O'DONNELL DIRECTOR 0 138540 0 900 0 0 0 33358 0 9238 0 182036 0 0 JAY ORENDORFF VP/CFO'S DESIGNEE 0 177855 0 0 0 0 0 51319 0 9238 0 238412 0 0 ANOSHUA CHAUDHURI FACULTY REPRESENTATIVE 0 121960 0 450 0 0 0 33072 0 29997 0 185479 0 0 METHODS USED BY RELATED ORG TO ESTABLISH COMPENSATION OF EXEC. DIRECTOR SCHEDULE J, PART I, LINE 3: THE EXECUTIVE DIRECTOR OF THE UNIVERSITY CORPORATION IS COMPENSATED BY SAN FRANCISCO STATE UNIVERSITY ("SFSU"), A RELATED ORGANIZATION. SFSU UTILIZES THE FOLLOWING METHODS TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR'S: COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND BOARD OR COMMITTEE APPROVAL. FORM 990, PART III, LINE 4D: PACIFIC LEADERSHIP INSTITUTE - TO BUILD A MORE POSITIVE, EFFECTIVE AND RESILIENT COMMUNITY THROUGH THE DEVELOPMENT OF OUR YOUTH. THE PACIFIC LEADERSHIP INSTITUTE ("PLI") HAS TWO KEY INGREDIENTS TO FULFILL ITS MISSION: 1) PLI DELIVERS INSPIRING TEAM ADVENTURES FOCUSING ON PERSONAL AND GROUP DEVELOPMENT THAT INCLUDE ADVENTURE CHALLENGE COURSES, TEAM BUILDING EVENTS, AND WORKSHOPS TO A WIDE RANGE OF THE COMMUNITY; AND 2) THE YOUTH LEAD! TEEN LEADERSHIP INITIATIVE, WHICH TRAINS AND ENGAGES YOUTH TO PLAY A LEADERSHIP ROLE IN ITS PROGRAMS. PLI SEEKS TO HAVE LEADERS REFLECT THE PEOPLE AND GROUPS BEING SERVED. THE YOUTH LEAD! PROGRAM OFFERS PRACTICAL EXPERIENCE, POSITIVE CIVIC ENGAGEMENT, AND CULTIVATES LEADERSHIP AND PERSONAL GROWTH. PLI GIVES THESE YOUTH THE TRAINING, EXPERIENCE AND RESPONSIBILITY TO BE LEADERS IN ITS PROGRAMS AND THEIR LIVES. IN KEEPING WITH THE MISSION OF THE UNIVERSITY CORPORATION, EXPENSES INCURRED IN THE OSHER LIFE-LONG LEARNING INSTITUTE IS AN ACTIVE COMMUNITY PEERS AGE 50 AND UP ENGAGED IN LEARNING THROUGH THREE AND SIX WEEK CLASSES, INTEREST GROUPS AND EVENTS AT THE SF STATE DOWNTOWN AND MAIN CAMPUSES. DISSERTATION SCHOLARS HELP PAY 5 GRADUATE STUDENTS PER YEAR TO INCREASE DIVERSITY. SNFC PROVIDES NON-ACCREDITED WORKSHOPS TO THE GREATER COMMUNITY IN THE SIERRAS, THE RET PROJECT SUPPORTS THE UNIVERSITY AND ITS ECONOMIC ENDEAVORS WITH ITS DIRECT SERVICES TO HUNDREDS OF PEOPLE WITH DISABILITIES THROUGHOUT NORTHERN CALIFORNIA, INCLUDING SF STATE FACULTY, STAFF, AND STUDENTS. OVER THE PAST 5 YEARS, THE RET PROJECT HAS PROVIDED SERVICES TO CITIES AND COUNTIES THROUGHOUT NORTHERN CALIFORNIA. FORM 990, PART V, LINE 2A, AND PART IX, LINE 7 & 9 The University Corporation does not have any direct employees. The University Corporation reimburses the cost of all U-Corp admin staff to SFSU as all are state employees. FORM 990 PART VI, SECTION A, LINE 7A: THE PRESIDENT AND VICE PRESIDENT OF SAN FRANCISCO UNIVERSITY EACH HAVE AUTHORITY TO EITHER SERVE ON THE BOARD OF DIRECTORS OR APPOINT A DESIGNEE TO DO SO ON THEIR BEHALF. FORM 990 PART VI, SECTION A, LINE 7B: GOVERNANCE DECISIONS RESERVED TO MEMBERS PURSUANT TO EXECUTIVE DIRECTIVE, THE PRESIDENT OF THE UNIVERSITY ASKS ASSOCIATED STUDENTS ("A.S.") FOR NOMINATIONS. A.S. COLLECTS APPLICATIONS FROM INTERESTED CANDIDATES AND PROVIDES THEM TO THE PRESIDENT OF THE UNIVERSITY ALONG WITH A.S. RECOMMENDATIONS. THE PRESIDENT OF THE UNIVERSITY THEN APPOINTS THE STUDENTS, WHICH IS AFFIRMED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B: GRANT THORNTON FORWARDS THE COMPLETED FORM 990 TO THE DIRECTOR OF FINANCE AND ADMINISTRATION OF UNIVERSITY CORPORATION FOR REVIEW. UPON REVIEW, THE DIRECTOR OF FINANCE AND ADMINISTRATION OF THE UNIVERSITY CORPORATION, SAN FRANCISCO STATE FORWARDS THE FORM 990 TO THE EXECUTIVE DIRECTOR FOR REVIEW. THE DIRECTOR OF FINANCE AND ADMINISTRATION THEN REVIEWS AND FORWARDS THE FORM 990 TO THE UNIVERSITY CORPORATION BOARD FOR ITS REVIEW PRIOR TO FILING. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD ANY QUESTIONS TO THE DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C: BOARD MEMBERS ARE REQUIRED TO REVIEW AND COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT NOTING THEIR UNDERSTANDING OF THE POLICY AND THEIR WILLINGNESS TO ABIDE BY IT. THE POLICY INCLUDES FINANCIAL INTERESTS OF $250 IN THE AGGREGATE, OR REAL PROPERTY IN WHICH THE BOARD MEMBER HAS AN INTEREST OF $1,000 OR MORE, OR AN INVESTMENT INTEREST OF $1,000 OR MORE. THE POLICY IS APPLICABLE TO ALL BOARD MEMBERS AND KEY EMPLOYEES. THOSE BECOMING AWARE OF A POTENTIAL CONFLICT MUST DISCLOSE IT, ABSTAIN FROM VOTING, REVIEW IT WITH THE CHAIR AND BOARD AND ALLOW THE BOARD TO DETERMINE THE BEST COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15A: THE ORGANIZATION DOES NOT PROVIDE ANY COMPENSATION TO THE INDIVIDUALS LISTED ON PART VII OF THE FORM 990. ALL COMPENSATION PAID TO THESE INDIVIDUALS IS PAID BY A RELATED ORGANIZATION, SAN FRANCISCO STATE UNIVERSITY (SFSU). THE PROCESS USED TO DETERMINE COMPENSATION FOR THESE INDIVIDUALS IS DETERMINED BY SFSU. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF THE TIME SET FORTH IN I.R.C. SECTION 6104(D). SAN FRANCISCO STATE UNIVERSITY 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 931137247 EDUCATIONAL CA 115 06 NA false SFSU FOUNDATION 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 261169717 SUPPORT SFSU CA 501(C)(3) 05 SFSU false false true true false false false false false false false true false false true true true true true true