Form 990 for tax year 2023
Filed by CALIFORNIA STATE UNIVERSITY FOUNDATION.
Totals
- Total revenue
- $3,946,366
- Total expenses
- $4,871,648
- Contributions and grants received
- $1,969,066
- Grants paid
- $4,001,679
- Program services expenses (Part IX)
- $4,700,839
- Management and general expenses
- $151,542
- Fundraising expenses
- $19,267
- Program service expenses (Part III)
- $4,700,839
Program services were 96.5% 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 (THRU 1/22/24)
- Total calculated
- $0
- Hours/week
- 1
-
JOHN AUGUSTINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RONALD BARHORST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KIMBERLEY GOODE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL LIZARRAGA
DIRECTOR
- 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
-
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
CHANCELLOR-EX OFFICIO (THRU 9/30/23)
- Total calculated
- $878,399
- From this org
- $0
- From related orgs
- $697,767
- Other
- $180,632
- Hours/week
- 2 + 70 related
Schedule J breakdown matched by us
- Base
- $0 + $525,799 related
- Bonus
- $0
- Other
- $0 + $171,968 related
- Deferred
- $0 + $166,667 related
- Nontaxable benefits
- $0 + $13,965 related
- Filer's total
- $0 + $878,399 related
-
MILDRED GARCIA
CHANCELLOR-EX OFFICIO (AS OF 10/1/23)
- Total calculated
- $204,641
- From this org
- $0
- From related orgs
- $159,922
- Other
- $44,719
- Hours/week
- 2 + 70 related
Schedule J breakdown matched by us
- Base
- $0 + $132,098 related
- Bonus
- $0
- Other
- $0 + $27,824 related
- Deferred
- $0 + $42,400 related
- Nontaxable benefits
- $0 + $2,319 related
- Filer's total
- $0 + $204,641 related
-
LORI A REDFEARN
PRESIDENT (THRU 12/29/23)
- Total calculated
- $432,186
- From this org
- $0
- From related orgs
- $304,263
- Other
- $127,923
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $303,867 related
- Bonus
- $0
- Other
- $0 + $396 related
- Deferred
- $0 + $99,468 related
- Nontaxable benefits
- $0 + $28,455 related
- Filer's total
- $0 + $432,186 related
-
AARON J MOORE
CHIEF FINANCIAL OFFICER
- Total calculated
- $233,410
- From this org
- $0
- From related orgs
- $157,490
- Other
- $75,920
- Hours/week
- 18 + 22 related
Schedule J breakdown matched by us
- Base
- $0 + $157,430 related
- Bonus
- $0
- Other
- $0 + $60 related
- Deferred
- $0 + $51,360 related
- Nontaxable benefits
- $0 + $24,560 related
- Filer's total
- $0 + $233,410 related
-
WENDY CHAVIRA GARCIA
VICE PRESIDENT
- Total calculated
- $168,561
- From this org
- $0
- From related orgs
- $105,558
- Other
- $63,003
- Hours/week
- 18 + 22 related
Schedule J breakdown matched by us
- Base
- $0 + $105,498 related
- Bonus
- $0
- Other
- $0 + $60 related
- Deferred
- $0 + $34,163 related
- Nontaxable benefits
- $0 + $28,840 related
- Filer's total
- $0 + $168,561 related
-
STEVE RELYEA
PRESIDENT (12/29/23-2/11/24)
- Total calculated
- $539,010
- From this org
- $0
- From related orgs
- $400,918
- Other
- $138,092
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $383,974 related
- Bonus
- $0
- Other
- $0 + $16,944 related
- Deferred
- $0 + $123,689 related
- Nontaxable benefits
- $0 + $14,403 related
- Filer's total
- $0 + $539,010 related
-
GREG SAKS
PRESIDENT (AS OF 2/12/24)
- Total calculated
- $0
- Hours/week
- 6 + 34 related
-
MELISSA WATKINS
CHIEF ADMIN. OFFICER (AS OF 4/15/24)
- Total calculated
- $0
- Hours/week
- 6 + 22 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
- HTTPS://CALSTATE.POLICYSTAT.COM/POLICY/16051928/LATEST/ I. SCOPE OF POLICY THIS POLICY GOVERNS COMPENSATION FOR ALL CALIFORNIA STATE UNIVERSITY (CSU) EMPLOYEES. II. 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 TOTAL COMPENSATION PRACTICES THAT ARE FAIR AND EQUITABLE IN DESIGN, APPLICATION, AND DELIVERY. TOTAL COMPENSATION INCLUDES SALARY AS WELL AS BENEFITS, SUCH AS HEALTH AND WELFARE BENEFITS INCLUDING RETIREMENT, PAID TIME OFF, SABBATICALS, EDUCATIONAL FEE WAIVERS, VACATION AND SICK LEAVE ACCRUAL, OR ANY OTHER BENEFITS OR PERQUISITES PROVIDED TO CSU EMPLOYEES. III. COMPENSATION A: ALL EMPLOYEE COMPENSATION: THE CSU EVALUATES COMPETITIVE AND FAIR COMPENSATION FOR ALL EMPLOYEES BASED ON PERIODIC MARKET COMPARISON SURVEYS AND THE DEPTH OF SKILL AND EXPERIENCE OF AN INDIVIDUAL EMPLOYEE. 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. B: EXECUTIVE COMPENSATION: THE CSU WILL MAINTAIN AND PERIODICALLY UPDATE A TIERED LIST OF CSU COMPARISON INSTITUTIONS FOR EXECUTIVE 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. EXECUTIVE COMPENSATION WILL BE GUIDED WITH REFERENCE TO THE MEAN AND/OR MEDIAN OF THE APPROPRIATE 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. 1 - PRESIDENTIAL COMPENSATION: SALARY AT APPOINTMENT: WHEN A PRESIDENTIAL VACANCY OCCURS, THE SUCCESSOR PRESIDENT'S SALARY SHOULD NOT (ABSENT EXTENUATING CIRCUMSTANCES) EXCEED THE INCUMBENT'S SALARY BY MORE THAN 10 PERCENT. 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. PERIODIC PRESIDENTIAL SALARY ASSESSMENT: ON AN ANNUAL BASIS, AND AS A GENERAL RULE AT THE JULY MEETING OF THE BOARD OF TRUSTEES, THE BOARD SHALL BE PRESENTED WITH A SALARY ASSESSMENT OF ALL PRESIDENTS WHO HAVE RECEIVED A TRIENNIAL REVIEW IN ACCORDANCE WITH THE BOARD OF TRUSTEES POLICIES AND PROCEDURES FOR REVIEW OF PRESIDENTS DURING THE PREVIOUS FISCAL YEAR. THE BOARD SHALL DETERMINE WHETHER AN INCREASE TO A PRESIDENT'S SALARY IS WARRANTED BASED ON CSU'S OPERATIVE MARKET DATA (WHICH SHOULD BE REVIEWED EVERY FIVE YEARS), AND IF SO, THE AMOUNT OF ANY SUCH ADJUSTMENT. FOLLOWING THE INITIAL SALARY ASSESSMENT, THE PRESIDENT'S SALARY SHALL BE REASSESSED ONCE A YEAR AGAINST OPERATIVE MARKET DATA FOR THE NEXT TWO YEARS, AND IF THE PRESIDENT'S ANNUAL SALARY CONTINUES TO BE BELOW THE PEER GROUP MEDIAN, A RECOMMENDED INCREASE SHALL BE PRESENTED TO THE BOARD EACH JULY. THE GOAL OF THE SALARY ASSESSMENT PROCESS IS TO INCREMENTALLY BRING EACH PRESIDENT INTO ALIGNMENT WITH THE PEER GROUP MEDIAN. THE FIRST YEAR, PRESIDENTIAL SALARIES MAY BE ADJUSTED UP TO THE PEER GROUP MEDIAN BY AN AMOUNT NOT TO EXCEED 10 PERCENT. THE SECOND AND THIRD YEAR ADJUSTMENTS SHALL BE MADE IN ACCORDANCE WITH THE FOLLOWING MATRIX: AMOUNT TO REACH PEER GROUP MEDIAN - INCREASE 0% TO 5% - 0% 5.01% TO 10% - 2% 10.01% TO 15% - 4% 15.01% TO 25% - 7% 25.01% TO 35% - 10% AS A CONDITION OF RECEIVING A MARKET-BASED SALARY INCREASE, THE PRESIDENT MUST HAVE BEEN IN THEIR POSITION FOR THREE YEARS AND MUST HAVE RECEIVED A SATISFACTORY EVALUATION DURING THEIR TRIENNIAL REVIEW. MARKET-BASED SALARY INCREASES APPROVED BY THE BOARD IN ACCORDANCE WITH THIS POLICY WILL BE EFFECTIVE JULY 1ST OF THE APPROVAL YEAR. COMPENSATION ACTIONS ARE SUBJECT TO AVAILABILITY OF FUNDS AND CURRENT BUDGET CONDITIONS. OTHER SALARY INCREASE PROGRAMS: 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. 2 - INDIVIDUAL SALARY INCREASES: THE BOARD ALSO RETAINS THE RIGHT, IN ITS DISCRETION, TO MAKE OTHER SALARY ADJUSTMENTS AS NECESSARY AT OTHER TIMES FOR AN EXECUTIVE WHEN A SIGNIFICANT EQUITY OR RETENTION ISSUE IS IDENTIFIED. THE CHANCELLOR SHALL RECOMMEND ALL EXECUTIVE SALARY ADJUSTMENTS TO THE BOARD OF TRUSTEES FOR APPROVAL IN OPEN SESSION OF A BOARD MEETING. IV. AUTHORITY THIS POLICY IS ISSUED PURSUANT TO RUFP 05-24-07 AND SECTION II OF THE STANDING ORDERS OF THE BOARD OF TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY AS FURTHER DELEGATED BY THE STANDING DELEGATIONS OF ADMINISTRATIVE AUTHORITY.
- PART II:
- 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
-
$927,751
$100,000.00 - TRANSFER TO SPA HEISING-SIMONS FOUNDATION$150,000.00 - TRANSFER TO SPA GRANT#2023-225$500,000.00 - TRANSFER TO SPA GATES FOUNDATION$40,000.00 - TRANSFER TO SPA HAAS FUND$95,751.00 - ANNUAL REIMBURSEMENT TO CSUCO BY COFDN FOR CHANCELLOR'S HOUSING ALLOWANCE AS PER BOT RESOLUTION $42,000.00 - EMPLOYEE MOVING AND RELOCATION
-
CSU LONG BEACH RESEARCH FOUNDATION
$185,761
MELLON ACLS GRANT TRANSFER TO CAMPUS
-
MELLON ACLS GRANT TRANSFER TO CAMPUS
-
MELLON ACLS GRANT TRANSFER TO CAMPUS
-
MELLON ACLS GRANT TRANSFER TO CAMPUS
-
$50,000
SCHUSTERMAN EMERGENCY GRANT
-
$50,000
SCHUSTERMAN EMERGENCY GRANT
-
MELLON ACLS GRANT TRANSFER TO CAMPUS
-
$26,400
RELUI OPERATING EXPENSES
-
JUNETEENTH SYMPOSIUM RECEPTION
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.
-
EDUCATION · CA
Directly controlled by STATE OF CALIFORNIA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423529349300637
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.