2018-05-15T14:53:28-05:00 2017-06-30 221478099 COHNREZNICK LLP 400 CAPITOL MALL SUITE 1200 SACRAMENTO CA 95814 990 2016-07-01 956196006 CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION CALI 8186774657 18111 Nordhoff Street Northridge CA 913308296 IRA UNTERMAN CFO 8186774657 2018-05-14 1 LISA M CUMMINGS CPA P00043433 9164429100 2018-05-04 2016 2022-09-23 18:48:47Z ROBERT GUNSALUS 18111 Nordhoff Street Northridge CA 913308296 27985150 0 X WWW.CSUN.EDU/FOUNDATION X 1995 CA SUPPORT AND ENHANCE THE VISION, MISSION, AND VALUES OF CALIFORNIA STATE UNIVERSITY, NORTHRIDGE. 42 34 0 50 0 0 14814613 16949024 547344 377047 2645160 3340435 124275 -499196 18131392 20167310 2713211 3556717 0 0 1692205 2737394 0 0 0 6317259 6685333 10722675 12979444 7408717 7187866 143729713 163457943 232054 231940 143497659 163226003 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 12589761 3556717 376007 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. 12589761 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 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 1 109 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 X 42 34 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 Adam Swenson faculty rep director 1.00 39.00 X 0 80685 37699 Alan I Abramson Director 1.00 X 0 0 0 Barbara Levy Director 1.00 X 0 0 0 Bryan Green Director 1.00 X 0 0 0 Carlos Fuentes Director 1.00 X 0 0 0 Carson Schreiber Director 1.00 X 0 0 0 Cary Lefton Director 1.00 X 0 0 0 Charles Gilbert Director 1.00 X 0 0 0 Christopher Erickson Director 1.00 X 0 0 0 Colin Donahue Director 2.00 38.00 X 0 231419 84958 David Honda Director 1.00 X 0 0 0 David Malone Director 1.00 X 0 0 0 Deane Leavenworth Director 1.00 X 0 0 0 Dennis DeYoung Director 1.00 X 0 0 0 Dianne F Harrison University President 3.00 37.00 X X 0 362908 102621 Earl S Enzer Board Chair 2.00 X X 0 0 0 George Leis Director 1.00 X 0 0 0 Harvey Bookstein Director 1.00 X 0 0 0 Ira N Unterman Chief Financial Officer 15.00 25.00 X X 0 148632 68134 Irving Zakheim Director 1.00 X 0 0 0 Ivan Axelrod Director 1.00 X 0 0 0 John Golisch Director 1.00 X 0 0 0 Joy Picus Director 1.00 X 0 0 0 Kenia Lopez Student Rep Director 1.00 21.00 X 0 11173 0 Leslie Cutler Director 1.00 X 0 0 0 Mark Lainer Director 1.00 X 0 0 0 Marla Clemow Director 1.00 X 0 0 0 Milton Valera Director 1.00 X 0 0 0 Paul Jennings Director 1.00 X 0 0 0 Philip Mundy Jr Director 1.00 X 0 0 0 Philip S Magaram Immediate Past Chair 1.00 X X 0 0 0 Ralph Courtney III Director 1.00 X 0 0 0 Robert D Gunsalus Foundation President 10.00 30.00 X X 0 232550 86089 Robert Myman Vice Chair 1.00 X X 0 0 0 Robert Taylor Director 1.00 X 0 0 0 Ronald Myhan Director 1.00 X 0 0 0 Ruth Harris Director 1.00 X 0 0 0 Sanford Paris Director 1.00 X 0 0 0 Sevag Alexanian Student Rep Director 1.00 39.00 X 0 21784 0 Susana Ziarati Director 1.00 X 0 0 0 William Griffeth Director 1.00 X 0 0 0 Yi Li Director 1.00 39.00 X 0 286700 90162 0 1375851 469663 0 0 1 0 NORTHERN TRUST 355 S GRAND AVE STE 2600 LOS ANGELES CA 90071 INVESTMENT MANAGEMENT 582744 1 185158 1122825 15641041 1220930 16949024 PROGRAM INCOME 900099 377047 377047 377047 2651159 2651159 74703 74703 7535017 6845741 689276 689276 689276 399240 1122825 972099 -572859 -572859 Net fee income 900099 -1040 -1040 -1040 20167310 376007 0 2842279 3475830 3475830 80887 80887 2198277 2139205 59072 539117 475489 63628 3459 3459 36366 36366 582744 582744 990551 917830 72721 661902 661902 382824 360375 22449 52279 29784 22495 90831 90831 217209 216714 495 37501 37501 12221 955 11266 equipment costs 1282649 1279360 3289 Program costs 1101773 1101773 hospitality 388747 368515 20232 contributed goods exp. 376618 376618 467659 389989 77670 12979444 12589761 389683 0 964422 401877 1973019 1450440 8650284 11907100 215482 210480 94465 136179 828979 828979 0 0 108251227 123938001 19145677 21092655 4435137 4321211 143729713 163457943 138785 231940 93269 0 232054 231940 X 18350326 26237635 69394193 72958638 55753140 64029730 143497659 163226003 143729713 163457943 7187866 12540478 0 X X 0 1 X 1 0 X 10693009 17469582 9482099 14814613 16949024 69408327 10693009 17469582 9482099 14814613 16949024 69408327 11234256 58174071 2431302 2478442 2369166 2768046 2725862 12772818 122374 149832 29140 87476 388822 82569967 2971790 0.70450 0.70420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 411137 3211398 X 0 85843693 8276590 8557539 3569797 99108025 85851806 4896604 -2393187 2511530 85843693 85835162 2775049 -569394 2189011 85851806 63079491 5709163 8717527 77506181 54596067 5083644 6468265 3030952 63117024 0.03810 0.64610 0.31580 0 0 828979 828979 0 0 LIMITED PARTNERSHIPS 21092655 F 21092655 X 33108109 12540478 10966 972099 13523543 19584566 582744 582744 20167310 13379765 10966 972099 983065 12396700 582744 582744 12979444 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, 2017, the Foundation received art which was appraised at $411,137. 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, 2017. The Foundation's Federal income tax returns for fiscal years 2016, 2015, and 2014 remain open. The Foundation's state income tax returns for fiscal years 2016, 2015, 2014, and 2013 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 972,099. Part XII, Line 2d - Other Adjustments: FUNDRAISING EXPENSES 972,099. Nazarian Gala 893213 714413 178800 10900 221411 181568 CMT Golf Classic 149696 86350 63346 26741 9851 35454 12 479156 322062 157094 10714 17023 198608 259829 1522065 1122825 399240 37455 27923 429870 476851 972099 -572859 1 CALIFORNIA STATE UNIVERSITY NORTHRIDGE 18111 NORDHOFF STREET NORTHRIDGE CA 91330 954358677 501(C)(3) 3470830 STUDENT SCHOLARSHIPS & STIPENDS, CAPITAL PROJECTS 1 SCHOLARSHIPS 73 80887 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 Donahue Director 0 231281 0 0 0 138 0 58799 0 26159 0 316377 0 0 Dianne F Harrison University President 0 347860 0 0 0 15048 0 81129 0 21492 0 465529 0 0 Ira N Unterman Chief Financial Officer 0 148494 0 0 0 138 0 35844 0 32290 0 216766 0 0 Robert D Gunsalus Foundation President 0 232412 0 0 0 138 0 58799 0 27290 0 318639 0 0 Yi Li Director 0 286442 0 0 0 258 0 69032 0 21130 0 376862 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 8 411137 FMV X 32459 FMV X 67 70576 FMV X 34 389233 FMV X VARIOUS OTHER NON-CASH DONATIONS 336 317525 FMV 0 1 0 Part I, Column (b): non-cash donations are listed by 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 501(c)(3) Line 6 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 0 1 1 0 0