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Nonprofiteer
← CALIFORNIA STATE UNIVERSITY FOUNDATION

Form 990 for tax year 2022

Filed by CALIFORNIA STATE UNIVERSITY FOUNDATION.

Totals

Total revenue
$6,047,467
Total expenses
$6,105,615
Contributions and grants received
$4,248,851
Grants paid
$5,267,135
Program services expenses (Part IX)
$5,910,299
Management and general expenses
$174,691
Fundraising expenses
$20,625
Program service expenses (Part III)
$5,910,299

Program services were 96.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • KRISTIN CRELLIN

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • GILLIAN WRIGHT

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RONALD FONG

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL LUCKI

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • KERI ASKEW BAILEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN AUGUSTINE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RONALD BARHORST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PETER BRIGHTBILL

    DIRECTOR (THRU 2/6/23)

    Total calculated
    $0
    Hours/week
    1

  • KIMBERLEY GOODE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL LIZARRAGA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GEORGE MARCUS

    DIRECTOR (THRU 2/8/23)

    Total calculated
    $0
    Hours/week
    1

  • LORENE MILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HENRY PEREA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALI RAZI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FRED RUIZ

    DIRECTOR (THRU 7/8/22)

    Total calculated
    $0
    Hours/week
    1

  • SHARI SLATE

    DIRECTOR (THRU 6/20/23)

    Total calculated
    $0
    Hours/week
    1

  • STEVEN STUCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GADDI VASQUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT WELLS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOLENE KOESTER

    INTERIM CHANCELLOR (EX OFFICIO)

    Total calculated
    $557,441
    From this org
    $0
    From related orgs
    $437,304
    Other
    $120,137
    Hours/week
    2 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $361,992 related
    Bonus
    $0
    Other
    $0 + $75,312 related
    Deferred
    $0 + $111,371 related
    Nontaxable benefits
    $0 + $8,766 related
    Filer's total
    $0 + $557,441 related

  • LORI A REDFEARN

    PRESIDENT

    Total calculated
    $393,009
    From this org
    $0
    From related orgs
    $281,785
    Other
    $111,224
    Hours/week
    6 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,027 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $258 related
    Deferred
    $0 + $86,357 related
    Nontaxable benefits
    $0 + $24,867 related
    Filer's total
    $0 + $393,009 related

  • AARON J MOORE

    CHIEF FINANCIAL OFFICER

    Total calculated
    $224,579
    From this org
    $0
    From related orgs
    $154,305
    Other
    $70,274
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,745 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $60 related
    Deferred
    $0 + $46,968 related
    Nontaxable benefits
    $0 + $23,306 related
    Filer's total
    $0 + $224,579 related

  • WENDY CHAVIRA GARCIA

    VICE PRESIDENT

    Total calculated
    $155,534
    From this org
    $0
    From related orgs
    $98,767
    Other
    $56,767
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

    Base
    $0 + $95,207 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $60 related
    Deferred
    $0 + $29,427 related
    Nontaxable benefits
    $0 + $27,340 related
    Filer's total
    $0 + $155,534 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
AT THE CHANCELLOR'S DISCRETION, EXECUTIVE STAFF MAY BE REIMBURSED FOR SPOUSAL TRAVEL EXPENDITURES WHEN THE SPOUSE PERFORMS OFFICIAL CSU DUTIES AND THE SPOUSE IS REGISTERED AS A CSU VOLUNTEER. IN ADDITION, AT ITS MEETING ON NOVEMBER 13-14, 2018, THE CSU BOARD OF TRUSTEES PASSED A RESOLUTION STATING: "THE CHANCELLOR SHALL RECEIVE A $7,917 MONTHLY HOUSING ALLOWANCE OF NON-STATE FUNDS TO SUPPLEMENT THE COST OF A RESIDENCE. THESE FUNDS ARE TO BE PAID BY THE FOUNDATION ENDOWMENT CREATED THROUGH AN ORIGINAL DONOR GIFT TO SUPPORT THE HOUSING AND HOSPITALITY-RELATED FUNCTIONS FOR THE CHANCELLOR OF THE CALIFORNIA STATE UNIVERSITY AND SUPPLEMENTED BY THE PROCEEDS OF THE SALE OF THE STATE UNIVERSITY HOUSE LOCATED IN LONG BEACH."
PART I, LINE 1B
THE CSU FOUNDATION ABIDES BY RESTRICTIONS OUTLINED IN THE CSU HOSPITALITY POLICY, WHICH REQUIRES THAT THERE BE SUBSTANTIATION BEFORE EXPENSES OF AN INSIDER ARE REIMBURSED.
PART I, LINE 3
THE CEO RECEIVES COMPENSATION FROM THE CALIFORNIA STATE UNIVERSITY, A RELATED ORGANIZATION. THIS COMPENSATION IS SET BY THE CALIFORNIA STATE UNIVERSITY BOARD OF TRUSTEES AND THEIR ROLE AS CEO OF THE CSU FOUNDATION IS AFFIRMED BY THE CSU FOUNDATION BOARD OF GOVERNORS. THE CEO RECEIVES NO COMPENSATION FROM THE CSU FOUNDATION. BOARD OF TRUSTEES POLICY ON COMPENSATION SCOPE THIS POLICY GOVERNS COMPENSATION FOR ALL CALIFORNIA STATE UNIVERSITY (CSU) EMPLOYEES. GUIDING PRINCIPLES IT IS THE INTENT OF THE BOARD OF TRUSTEES TO COMPENSATE ALL CSU EMPLOYEES IN A MANNER THAT IS FAIR, REASONABLE, COMPETITIVE, AND FISCALLY PRUDENT IN RESPECT TO SYSTEM BUDGET AND STATE FUNDING. THE GOAL OF THE CSU CONTINUES TO BE TO ATTRACT, MOTIVATE, AND RETAIN THE MOST HIGHLY QUALIFIED INDIVIDUALS TO SERVE AS FACULTY, STAFF, AND EXECUTIVES, WHOSE KNOWLEDGE, EXPERIENCE, AND CONTRIBUTIONS CAN ADVANCE THE UNIVERSITY'S MISSION. THE CSU ADHERES TO COMPENSATION PRACTICES THAT ARE FAIR AND EQUITABLE IN DESIGN, APPLICATION, AND DELIVERY. IMPLEMENTATION THE CSU WILL CONSISTENTLY EVALUATE COMPETITIVE AND FAIR COMPENSATION FOR ALL EMPLOYEES BASED ON PERIODIC MARKET COMPARISON SURVEYS AND THE DEPTH OF SKILL AND EXPERIENCE OF AN INDIVIDUAL EMPLOYEE. IN ADDITION, THE CSU WILL MAINTAIN AND UPDATE ANNUALLY A TIERED LIST OF CSU COMPARISON INSTITUTIONS FOR APPLICABLE EMPLOYEE GROUPS. THE LIST MAY TAKE INTO ACCOUNT GEOGRAPHIC LOCATION, ENROLLMENT, PERCENT OF PELL ELIGIBLE STUDENTS, BUDGET, RESEARCH FUNDING, AND SUCH OTHER VARIABLES AS DEEMED APPROPRIATE. COMPENSATION WILL BE GUIDED WITH REFERENCE TO THE MEAN AND/OR MEDIAN OF THE APPROPRIATE TIER OF COMPARISON INSTITUTIONS, TOGETHER WITH AN INDIVIDUAL'S REPUTATION, AND LENGTH, DEPTH AND EFFECTIVENESS OF APPLICABLE EXPERIENCE, AND OTHER MERITORIOUS ACHIEVEMENT AND CONTRIBUTIONS TO THE SUCCESS OF THE CSU. THE COMPENSATION SYSTEM FOR THE CSU SHALL (A) BE ADMINISTERED IN A MANNER THAT COMPLIES WITH ALL APPLICABLE FEDERAL, STATE, AND LOCAL REGULATIONS AND LAWS, AND (B) BE CONSISTENT WITH APPLICABLE ADMINISTRATIVE POLICIES, RULES AND COLLECTIVE BARGAINING AGREEMENTS. PRESIDENTIAL COMPENSATION WHEN A PRESIDENTIAL VACANCY OCCURS, THE SUCCESSOR PRESIDENT'S SALARY SHOULD NOT EXCEED THE INCUMBENT'S SALARY BY MORE THAN 10%. ANY AMOUNT IN EXCESS OF THE INCUMBENT'S SALARY SHALL BE BASED UPON CRITERIA SUCH AS EXTRAORDINARY CIRCUMSTANCES, KNOWLEDGE AND/OR EXPERIENCE OR ABILITY TO CONTRIBUTE TO AND ADVANCE THE UNIVERSITY'S MISSION, AND MARKET CONDITIONS. A PRESIDENT'S SALARY MAY ONLY BE FUNDED WITH STATE FUNDS. THE CHANCELLOR SHALL HAVE AUTHORITY TO NEGOTIATE RECOMMENDED STARTING SALARIES FOR PRESIDENTS. THE CHANCELLOR SHALL PRESENT THE RECOMMENDED SALARY TO THE BOARD OF TRUSTEES FOR APPROVAL. PRESIDENTIAL SALARY ASSESSMENT: CURRENTLY, THE POLICIES AND PROCEDURES FOR REVIEW OF PRESIDENTS REQUIRE ANNUAL REVIEWS WITH THE CHANCELLOR AND TRIENNIAL REVIEWS BY THE BOARD OF TRUSTEES. IN THESE REVIEWS, THE PRESIDENT'S PERFORMANCE IS REVIEWED AGAINST THE GOALS AND CRITERIA FOR LEADERSHIP EXPECTATIONS. EFFECTIVE WITH BOARD OF TRUSTEES REVIEWS OCCURRING IN 2020 AND BEYOND, A PRESIDENTIAL SALARY ASSESSMENT WILL ALSO BE CONDUCTED THAT CONSIDERS PRESIDENTIAL PERFORMANCE, THE MARKET DATA AND MAKES RECOMMENDATIONS TO THE TRUSTEES IF A COMPENSATION ADJUSTMENT MAY BE WARRANTED. A SALARY ADJUSTMENT DURING TRIENNIAL PERFORMANCE REVIEWS DOES NOT PROHIBIT THE INCUMBENT FROM BEING ELIGIBLE FOR THE ANNUAL MERIT INCREASE PROGRAM AS PROVIDED TO OTHER NON-REPRESENTED EMPLOYEES. THE BOARD RETAINS THE RIGHT TO MAKE ADJUSTMENTS AS NECESSARY AT OTHER TIMES FOR A PRESIDENT WHEN A SIGNIFICANT EQUITY OR RETENTION ISSUE IS IDENTIFIED. THE CHANCELLOR SHALL RECOMMEND PRESIDENTIAL SALARY ADJUSTMENTS TO THE TRUSTEES FOR APPROVAL.
PART II, LINES 1 THRU 4:
ALL INDIVIDUALS LISTED IN PART II RECEIVE COMPENSATION FROM THE CALIFORNIA STATE UNIVERSITY, A RELATED ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
30 November 2023
IRS schema version
2022v5.0
Source object
202343399349301039

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.