2020-06-26T18:04:18-05:00 2019-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2018-07-01 942955205 INTERNATIONAL TECHNOLOGICAL UNIVERSITY FOUNDATION INTE 8884884968 2010 EL CAMINO REAL NO 852 SANTA CLARA CA 95050 AMAL MOUGHARBEL CFO 8884884968 2020-06-26 1 TRACY S PAGLIA P00366884 4159561500 2020-06-25 98.210.126.210 2020-06-26 16:18:15 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 38D2F50D294D7FF929294DC7DB19A49EB4956B3D 2018 2020-09-23 17:36:50Z X YAU-GENE CHAN 2010 EL CAMINO REAL NO 852 SANTA CLARA CA 95050 8955585 0 X WWW.ITU.EDU X 1984 CA EMPOWER PEOPLE & ADVANCE GLOBAL PROSPERITY THROUGH INDUSTRY-LINKED SILICON VALLEY EDUCATION. 8 7 205 7 0 0 3701 14675 12068999 8913551 -41008 -2104311 0 0 12031692 6823915 207571 421091 0 0 8192312 7451253 0 0 0 7827647 7079716 16227530 14952060 -4195838 -8128145 14754005 6167910 5904097 5446147 8849908 721763 X PIONEERS A MODERN, INDUSTRY-FOCUSED MODEL TO DELIVER EDUCATION GLOBALLY. CULTIVATES INNOVATIVE THINKING, ETHICAL LEADERSHIP, AND ENTREPRENEURIAL SPIRIT THROUGH PRACTICAL, INDUSTRY RELEVANT CURRICULUM THAT REFLECTS SILICON VALLEY'S CULTURE. CLOSES THE EMPLOYMENT SKILLS GAP AND EMPOWERS PEOPLE TO LEAD SUCCESSFUL, ENRICHING LIVES AS MEANINGFUL CONTRIBUTORS TO THE GLOBAL COMMUNITY. 0 0 10155868 421091 8913551 ITU PROVIDES GRADUATE DEGREE PROGRAMS AT THE MASTER'S LEVEL (MS) IN COMPUTER SCIENCE, SOFTWARE/COMPUTER ENGINEERING (SE/CE), ELECTRICAL ENGINEERING (EE), DIGITAL ARTS, DIGITAL MEDIA MANAGEMENT, INFORMATION & CYBER SECURITY, AND ENGINEERING MANAGEMENT. ITU ALSO OFFERS THE MASTER'S OF BUSINESS ADMINISTRATION (MBA) WITH CONCENTRATIONS IN AREA OF BUSINESS ANALYTICS, HEALTHCARE MANAGEMENT, AND GENERAL MBA. THE UNIVERSITY OFFERS A DOCTOR OF PHILOSOPHY PROGRAMS IN ELECTRICAL ENGINEERING, AND IN INTERDISCIPLINARY SCIENCES. IN ADDITION, ITU OFFERS A DOCTORAL PROGRAM IN BUSINESS ADMINISTRATION. 10155868 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 27 0 1 205 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X AMAL MOUGHARBEL PHD 4088162413 2010 EL CAMINO REAL 852 SANTA CLARA CA 95050 DR ALVIN CHEUNG CHAIR OF BOARD 1.00 X X 0 0 0 DR BHARSKAR KURA VICE CHAIR OF BOARD 1.00 X X 0 0 0 IVAN CHAN TREASURER 1.00 X X 0 0 0 DR THOMAS GOLD SECRETARY 1.00 X X 0 0 0 DR THOMAN HANNEN TRUSTEE 1.00 X 0 0 0 DR CHI-CHIA HSIEH IMMEDIATE PAST CHAIR OF BOARD 1.00 X 0 0 0 DR BETTY SUNDBERG TRUSTEE 1.00 X 0 0 0 DR GREGORY O'BRIEN PRESIDENT & CEO 40.00 X X 356188 0 0 EDWARD LAM CFO 40.00 X 179587 0 3230 ANGIE FUNG BOARD LIASON 40.00 X 112880 0 2630 BHAGAT PATLOLLA DEPT CHAIR - INTERDISC. SCIENCES 40.00 X 174078 0 12358 MICAH K THOMAS ED - MARKETING & ENROLLMENT MNGMT 40.00 X 163842 0 2235 KRANTHI LAMMATHA DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 153390 0 9652 DR KARL WANG VP OF TECHNOLOGY AND RESEARCH 40.00 X 138012 0 5478 DR MAY HUANG DIR OF ASIA DEV. & DEPT CHAIR 40.00 X 135465 0 390 DR BARRY RYAN FORMER PROVOST/VP OF ACAD. AFFAIRS 40.00 X 122059 0 6262 1535501 0 42235 13 1 1 0 MORRISON & FOERSTER 425 MARKET STREET SAN FRANCISCO CA 94105 LEGAL SERVICES 327700 DAVID W JOHNSON 2562 SACRAMENTO STREET SAN FRANCISCO CA 94115 LEGAL SERVICES 239547 CYPRESS SECURITY LLC 478 TEHAMA STREET SAN FRANCISCO CA 94103 SECURITY SERVICES 219025 UNION EXPRESS TRAVEL INC 29300 KOHOUTEK WAY 180 UNION CITY CA 94587 TRANSPORTATION SERVICES 217380 JENZABAR INC PO BOX 55018 BOSTON MA 02205 TECHNOLOGY SERVICES 188469 11 14675 14675 TUITION AND FEES 611600 7609034 7609034 SERVICE REVENUE 611710 1304517 1304517 8913551 27359 27359 2131670 -2131670 -2131670 -2131670 6823915 8913551 0 -2104311 406091 406091 15000 15000 626686 194273 432413 5789493 4552833 1236660 575209 422261 152948 459865 337587 122278 609951 45746 564205 109988 109988 718966 387073 331893 228812 222517 6295 34733 24313 10420 928220 649754 278466 1872468 1248312 624156 64397 17387 47010 18607 8001 10606 1340527 893685 446842 79457 55620 23837 ALLOWANCE FOR DOUBTFUL 244218 244218 BANK MERCHANT FEE 178375 178375 TELECOMMUNICATIONS 114161 79913 34248 INTL STUDENT RECRUITING 35000 35000 501836 351284 150552 14952060 10155868 4796192 0 4444148 431028 2469392 1623264 156315 57870 677228 503644 7058156 3514561 4178692 3543595 2812692 15538 8509 14754005 6167910 867801 768865 1339825 1223631 3696471 3453651 5904097 5446147 X 8849908 721763 8849908 721763 14754005 6167910 -8128145 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5127776 1921874 3205902 1930380 1592687 337693 3543595 STUDENT UNION FUND 287842 DEFERRED RENT 3164559 SECURITY DEPOSITS HELD 1250 3453651 X 8594494 45000 -406091 -361091 8955585 -2131670 -2131670 6823915 16722639 45000 2131670 2176670 14545969 406091 406091 14952060 PART X, LINE 2: THE UNIVERSITY IS A NONPROFIT ORGANIZATION. THE UNIVERSITY QUALIFIES FOR EXEMPTION FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS ALSO EXEMPT FROM TAXATION UNDER CORRESPONDING SECTIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE UNIVERSITY RECOGNIZES AND MEASURES TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNRELATED BUSINESS ACTIVITY TAX RETURN AND DISCLOSES ANY UNCERTAINTIES IN TAX POSITIONS. THE UNIVERSITY HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2019 AND JUNE 30, 2018. THE UNIVERSITY FILES AN EXEMPT ORGANIZATION TAX RETURN IN THE UNITED STATES AND THE STATE OF CALIFORNIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANTS RECLASSED TO EXPENSES -406,091. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL RECLASSED FROM EXPENSES -2,131,670. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL RECLASSED FROM EXPENSES 2,131,670. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS RECLASSED TO EXPENSES 406,091. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY IS PUBLISHED ON THE ORGANIZATION'S WEBSITE AND PUBLISHED ON THE SAN JOSE MERCURY NEWS DURING REGISTRATION WEEKS FOR SPRING ONCE A YEAR. 1 EAST ASIA AND THE PACIFIC 0 4 PROGRAM SERVICES TEACHING, STUDENT RECRUITMENT, AND ARRANGE CONFERENCES AND MEETINGS IN CHINA 51320 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES MEETINGS 2463 SOUTH ASIA 0 3 PROGRAM SERVICES STUDENT RECRUITMENT 26077 EAST ASIA AND THE PACIFIC 0 1 GRANTS GRANTS FOR JOINT RESEARCH 15000 0 9 0 0 0 9 94860 0 94860 EAST ASIA AND THE PACIFIC JOINT RESEARCH 15000 WIRE 1 0 0 0 1 0 0 0 PART I, LINE 2: SEMI-ANNUAL EXPENSE REPORT SUBMITTED FROM GRANTS RECIPIENT. PART I, LINE 3: EXPENDITURES REPORTED ABOVE ARE ACCOUNTED FOR ON THE ACCRUAL BASIS METHOD OF ACCOUNTING. ADDITIONAL SUPPLEMENTAL INFORMATION ITU (HK) LIMITED IS A WHOLLY OWNED SUBSIDIARY OF THE UNIVERSITY, INCORPORATED UNDER THE LAWS OF HONG KONG SPECIAL ADMINISTRATION REGION, CHINA, HAS CEASED OPERATIONS AND WAS FILED AS A DORMANT COMPANY EFFECTIVE JANUARY 7, 2017. 1 SCHOLARSHIPS 115 406091 PART I, LINE 2: ITU PROVIDES SCHOLARSHIPS TO QUALIFIED STUDENTS ENROLLED AT THE UNIVERSITY AND MAINTAINS ONGOING RECORDS OF ATTENDANCE AND SCHOLASTIC ACHIEVEMENT OF THE RECIPIENTS. X 0 1 X X 0 0 0 0 0 0 0 0 0 DR GREGORY O'BRIEN PRESIDENT & CEO 344077 0 0 0 12111 0 0 0 0 0 356188 0 0 0 EDWARD LAM CFO 179462 0 0 0 125 0 0 0 3230 0 182817 0 0 0 BHAGAT PATLOLLA DEPT CHAIR - INTERDISC. SCIENCES 173953 0 0 0 125 0 0 0 12358 0 186436 0 0 0 MICAH K THOMAS ED - MARKETING & ENROLLMENT MNGMT 163717 0 0 0 125 0 0 0 2235 0 166077 0 0 0 KRANTHI LAMMATHA DIRECTOR OF INFORMATION TECHNOLOGY 153265 0 0 0 125 0 0 0 9652 0 163042 0 0 0 DR BARRY RYAN FORMER PROVOST/VP OF ACAD. AFFAIRS 121934 0 0 0 125 0 0 0 6262 0 128321 0 0 0 PART I, LINE 1A THE PRESIDENT & CEO STAYED IN A ROOM OF A TWO-BEDROOM APARTMENT THAT ITU RENTED WHILE HE WAS IN SAN JOSE. WE HAVE INCLUDED IN HIS W-2 AS HOUSING ALLOWANCE THE RENT DURING HIS STAY. PART I, LINE 1B THERE IS NO WRITTEN POLICY REGARDING THE PRESIDENT'S HOUSING ALLOWANCE. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS SENT TO THE FINANCE COMMITTEE FOR REVIEW AND RECOMMENDATION. RETURN WILL THEN BE SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW AND COMMENTS, AND APPROVED BY THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES AND KEY OFFICERS ARE GIVEN A CONFLICT OF INTEREST DISCLOSURE FORM AND POLICY AND WILL REVIEW TOGETHER DURING THE ANNUAL BOARD MEETING HELD IN JUNE. FORM 990, PART VI, SECTION B, LINE 15 PAYSCALE REPORT PROVIDED BY HR AND/OR BY COMPARING EXECUTIVE COMPENSATION WITH OTHER UNIVERSITIES AND ORGANIZATIONS, AND CEO'S SALARY APPROVED BY BOARD OF TRUSTEES AND OTHER TOP MANAGEMENT'S SALARY BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. ITU (HK)LTD CORPORATE SECRETARIAL 42ND FL CENTRAL PLAZA 18 HARBOUR RD WANC HONG KONG HK PRODUCTION AND MARKETING OF EDUCATIONAL SERVICES HK INTERNATIONAL TECHNOLOGICAL UNIVERSITY FOUNDATION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0