The University Corporation San Francisco State
- Assets
- $47.3m
- Revenue
- $29.2m
- Investments
- $11.9m
- Employees
- 295
- Location
- San Francisco, CA
- Founding
- 07/1953
- Data as of
- 06/2020
- EIN
- 94-1384645
Organization Overview
The University Corporation San Francisco State is located in San Francisco, CA. The organization was established in 1953. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, University Corporation San Francisco State employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Corporation San Francisco State is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, University Corporation San Francisco State generated $29.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $19.4m during the year ending 06/2020. While expenses have increased by 6.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, University Corporation San Francisco State has awarded 18 individual grants totaling $19,214,722. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY CORPORATION SERVES AS AN AUXILIARY ORGANIZATION OF SAN FRANCISCO STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GENENTECH SCHOLARS GRANT PROGRAM SEEKS TO SIGNIFICANTLY ADVANCE THE ACADEMIC ACHIEVEMENT AND RETENTION OF FRESHMEN AND SHPHOMORE STUDENTS IN BIOLOGY, CHEMISTRY, AND BIOCHEMISTRY BY PROVIDING TUTORING, SEMINARS, WORKSHOPS, PROVIDING DIRECT STUDENT SUPPORT, AND COVERING SALARIES AND CONSULTANTS.
THE GUARDIAN SCHOLARS PROGRAM PROVIDES TUITION, HOUSING, LIVING EXPENSES, AND COUNSELING SERVICES TO FORMER FOSTER YOUTH ENROLLED AT SAN FRANCISCO STATE UNIVERSITY.
THE HERBST FOUNDATION GRANT IS MULTI-YEAR GRANT PROVIDED TO ASSIST TOWARD THE CONSTRUCTION OF A NEW BUILDING ON CAMPUS TO HOUSE THE BROADCAST AND ELECTRONIC ARTS DEPARTMENT. IT INVOLVED THE NAMING OF THE LOBBY SPACE IN THE NEW BUILDING.
THE PRESIDENT'S LEADERSHIP FELLOWS PROGRAM WILL DELIVER CAREER SERVICES AND LEADERSHIP DEVELOPMENT TO PARTICIPANTS BY OFFERING WORKSHOPS, WEBINARS, SPEAKER EVENTS, ONE-ON-ONE COACHING AND MENTORING, AND ASSISTANCE WITH BUILDING PROFESSIONAL NETWORKS. THE PRESIDENT'S LEADERSHIP FELLOWS PROGRAM WILL SERVE AS A PLATFORM TO PREPARE STUDENTS AT SAN FRANCISCO STATE TO BE JOB AND CAREER READY, AS WELL AS TO TRANSFORM THEM INTO EMERGING LEADERS WITHIN THE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Porth Executive Director | OfficerTrustee | 20 | $0 |
Trevor Getz Chair | OfficerTrustee | 1 | $0 |
Bonnie Li Vitorino Secretary | OfficerTrustee | 1 | $0 |
Noriko Lim-Tepper Vice Chair | OfficerTrustee | 1 | $0 |
Gene Chelberg Director | Trustee | 1 | $0 |
Yvonne Bui Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thornton Llp Audit/tax Services | 6/29/21 | $111,200 |
Trustees Of The Csu Plan Check Fee | 6/29/21 | $375,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,721,220 |
| Investment income | $909,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$625,523 |
| Net Income from Fundraising Events | -$27,381 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $705,218 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,247,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,889,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,208,638 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,280 |
| Fees for services: Accounting | $72,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $154,549 |
| Fees for services: Other | $229,626 |
| Advertising and promotion | $38,090 |
| Office expenses | $694,403 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,182,018 |
| Travel | $212,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,298 |
| Interest | $796 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $416,507 |
| Insurance | $38,913 |
| All other expenses | $0 |
| Total functional expenses | $19,378,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,949,373 |
| Savings and temporary cash investments | $461,319 |
| Pledges and grants receivable | $10,941,839 |
| Accounts receivable, net | $875,625 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $44,124 |
| Investments—publicly traded securities | $18,040,150 |
| Investments—other securities | $11,921,427 |
| Investments—program-related | $0 |
| Intangible assets | $716,385 |
| Other assets | $0 |
| Total assets | $47,309,090 |
| Accounts payable and accrued expenses | $923,585 |
| Grants payable | $0 |
| Deferred revenue | $261,430 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,336,329 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,625,157 |
| Total liabilities | $2,810,172 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $8,091,796 |
| Total liabilities and net assets/fund balances | $44,498,918 |
Grants Awarded
Over the last fiscal year, The University Corporation San Francisco State has awarded $2,249,566 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAN FRANCISCO STATE UNIVERSITY PURPOSE: EDUCATIONAL SUPPORT | $2,214,566 |
San Francisco, CA PURPOSE: EDUCATIONAL SUPPORT | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 29 grants that The University Corporation San Francisco State has recieved totaling $2,306,298.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $500,000 |
Crankstart Foundation San Francisco, CA PURPOSE: PROJECT REBOUND | $300,000 |
Tipping Point Community San Francisco, CA PURPOSE: GUARDIAN SCHOLARS PROGRAM / EDUCATION ISSUE AREA | $300,000 |
Henry Luce Foundation Inc New York, NY PURPOSE: COVID EMERGENCY GRANT - ASIAN AMERICAN INTERGENERATIONAL STORIES PROJECT | $250,000 |
Crankstart Foundation San Francisco, CA PURPOSE: PROJECT REBOUND | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $116,650 |
Endowment Analysis
| Beg. Balance | $628,596 |
| Earnings | $96,871 |
| Admin Expense | $13,290 |
| Ending Balance | $712,177 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |
Ilead California Charters 1 Acton, CA | $20,389,401 | $46,593,851 |
California State University Long Beach Research Foundation Long Beach, CA | $178,267,984 | $49,511,748 |
The Claremont Colleges Inc Claremont, CA | $182,085,874 | $52,502,841 |
California Polytechnic State University Foundation San Luis Obispo, CA | $434,195,321 | $44,339,782 |
U Of O Foundation Supporting Organization Eugene, OR | $394,248,848 | $33,595,955 |
University Of Nevada Las Vegas Foundation Las Vegas, NV | $436,194,901 | $57,839,511 |
Campanile Foundation San Diego, CA | $517,706,793 | $63,277,722 |
Csula Auxiliary Services Inc Los Angeles, CA | $54,210,339 | $35,550,804 |