Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $5,743,459

• 1g · Noncash contributions included above

  $455,408

• 2a · Program service revenue: CAMPUS PROGRAMS

  total $60,520 · related or exempt $60,520

• 3 · Investment income

  total $932,604 · excluded $932,604

• 7a · Gross sales of assets other than inventory

  securities $3,432,956

• 7b · Less cost or other basis and sales expenses

  securities $3,148,092

• 7c · Gain or loss

  securities $284,864

• 7d · Net gain or loss

  total $284,864 · excluded $284,864

• 11a · Other revenue: PARTNERSHIP K-1 INCOME

  total -$4,044 · unrelated business -$4,044

• 11e · Other revenue, total

  -$4,044

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,963,255 · program services $4,963,255

• 11b · Fees: legal

  total $865 · management and general $865

• 11c · Fees: accounting

  total $47,800 · management and general $47,800

• 11f · Fees: investment management

  total $217,858 · management and general $217,858

• 11g · Fees: other

  total $8,028 · management and general $8,028

• 14 · Information technology

  total $3,555 · management and general $3,555

• 17 · Travel

  total $938 · management and general $938

• 19 · Conferences, conventions and meetings

  total $595 · management and general $595

• 23 · Insurance

  total $6,763 · management and general $6,763

• 24a · Other expenses: UNIVERSITY SERVICES

  total $85,669 · program services $0 · management and general $85,669 · fundraising $0

• 24b · Other expenses: PERMITS AND FEES

  total $38,644 · program services $0 · management and general $38,644 · fundraising $0

• 24c · Other expenses: MEMBERSHIPS

  total $7,005 · program services $0 · management and general $7,005 · fundraising $0

• 24d · Other expenses: HOSPITALITY

  total $2,133 · program services $0 · management and general $2,133 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $873,432 · end of year $287,510

• 2 · Savings and temporary cash investments

  beginning of year $80,231 · end of year $320,182

• 3 · Pledges and grants receivable

  beginning of year $2,641,849 · end of year $2,451,341

• 11 · Investments: publicly traded securities

  beginning of year $39,393,175 · end of year $43,868,959

• 12 · Investments: other securities

  beginning of year $20,578,813 · end of year $20,489,357

• 15 · Other assets

  beginning of year $902,411 · end of year $933,319

• 17 · Accounts payable and accrued expenses

  beginning of year $800 · end of year $2,943

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $64,469,111 · end of year $68,347,725

The filer's explanations (Part III)

PART I, LINE 1A

THE PRESIDENT OF THE UNIVERSITY SERVES ON THE BOARD OF DIRECTORS FOR THE FOUNDATION AND RECEIVES A HOUSING ALLOWING FROM SONOMA STATE UNIVERSITY.

PART I, LINE 3

SONOMA STATE UNIVERSITY FOUNDATION DOES NOT HAVE ANY EMPLOYEES. SONOMA STATE UNIVERSITY, A RELATED ORGANIZATION, DOES COMPENSATE EMPLOYEES. SONOMA STATE UNIVERSITY HAS A FORMAL COMPENSATION REVIEW POLICY AND UNIVERSITY POLICIES ARE ESTABLISHED AND FOLLOWED BY UNIVERSITY EMPLOYEES.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST

  T · CA