Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,518,897

• 1g · Noncash contributions included above

  $129,226

• 2a · Program service revenue: CAMPUS PROGRAMS

  total $42,202 · related or exempt $42,202

• 3 · Investment income

  total $1,611,294 · excluded $1,611,294

• 7a · Gross sales of assets other than inventory

  securities $13,299,526

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

  securities $9,940,710

• 7c · Gain or loss

  securities $3,358,816

• 7d · Net gain or loss

  total $3,358,816 · excluded $3,358,816

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

  total -$8,301 · unrelated business -$8,301

• 11e · Other revenue, total

  -$8,301

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,295,834 · program services $4,295,834

• 11c · Fees: accounting

  total $50,267 · management and general $50,267

• 11f · Fees: investment management

  total $259,463 · management and general $259,463

• 11g · Fees: other

  total $69,793 · management and general $69,793

• 13 · Office expenses

  total $14,603 · management and general $14,603

• 17 · Travel

  total $2,435 · management and general $2,435

• 19 · Conferences, conventions and meetings

  total $1,450 · management and general $1,450

• 23 · Insurance

  total $10,861 · management and general $10,861

• 24a · Other expenses: UNIVERSITY SERVICES

  total $141,219 · program services $0 · management and general $141,219 · fundraising $0

• 24b · Other expenses: OTHER EXPENSES

  total $7,181 · program services $0 · management and general $7,181 · fundraising $0

• 24c · Other expenses: HOSPITALITY

  total $418 · program services $0 · management and general $418 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $243,642 · end of year $580,895

• 2 · Savings and temporary cash investments

  beginning of year $393,938 · end of year $96,913

• 3 · Pledges and grants receivable

  beginning of year $1,462,058 · end of year $2,226,390

• 11 · Investments: publicly traded securities

  beginning of year $49,286,075 · end of year $53,753,237

• 12 · Investments: other securities

  beginning of year $20,274,519 · end of year $22,074,801

• 15 · Other assets

  beginning of year $1,001,908 · end of year $1,046,390

• 17 · Accounts payable and accrued expenses

  beginning of year $1,973 · end of year $4,818

• 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 $72,660,167 · end of year $79,773,808

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.