University Foundation At Sacramento State

Organization Overview

University Foundation At Sacramento State is located in Sacramento, CA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Foundation At Sacramento 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 06/2022, University Foundation At Sacramento State generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. While expenses have increased by 9.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY FOUNDATION PROMOTES PHILANTHROPY TO PROVIDE A LEVEL OF EXCELLENCE AT THE UNIVERSITY BEYOND WHAT IS POSSIBLE THROUGH STATE FUNDS.THE MEMBERS OF THE UNIVERSITY FOUNDATION BOARD OF DIRECTORS ACCOMPLISH THIS MISSION BY HELPING TO RAISE PRIVATE RESOURCES TO ADVANCE THE MISSION AND PRIORITIES OF THE UNIVERSITY AND SERVING AS AMBASSADORS IN THE COMMUNITY. THE BOARD PROVIDES STEWARDSHIP IN THE PRUDENT INVESTMENT OF RESOURCES, ENSURING THE INTEGRITY OF THE FOUNDATION THROUGH ACCOUNTABILITY AND TRANSPARENCY IN ITS DEALINGS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE INVESTS AND DISTRIBUTES FUNDS FOR THE BENEFIT OF THE UNIVERSITY. SINCE ITS INCEPTION IN 1987, THE UNIVERSITY FOUNDATION PROMOTES PHILANTHROPY TO PROVIDE A LEVEL OF EXCELLENCE BEYOND WHAT IS POSSIBLE THROUGH STATE FUNDS. LED BY A VOLUNTEER BOARD OF DIRECTORS COMPRISED OF PROMINENT PROFESSIONALS AND BUSINESS LEADERS, THE UNIVERSITY FOUNDATION IS THE UNIVERSITY'S PRIMARY PHILANTHROPIC AUXILIARY AND IS A TAX-EXEMPT 501 (C) 3 ORGANIZATION. THE BOARD OF DIRECTORS MEETS REGULARLY TO OFFER GUIDANCE ON INVESTMENTS AND THOROUGHLY MANAGE THE GIFT FUNDS TO ENSURE THAT THEY CAN FULFILL THEIR DESIGNATED PURPOSES. THE FOUNDATION ACCOUNTS FOR GIFTS AND CONTRIBUTIONS TO THE UNIVERSITY, ENSURING THAT THE FUNDS ARE APPLIED TO THE PURPOSES FOR WHICH THE DONOR INTENDED. FUNDS MAY BE EXPENDED OR ENDOWED, PER DONOR DIRECTION; EARNINGS FROM ENDOWED FUNDS ARE GENERALLY EXPENDABLE AND DISTRIBUTED TO STUDENTS OR PROGRAMS, IN ACCORDANCE WITH SPECIFICATIONS PROVIDED BY THE DONOR.THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE IS DEDICATED TO SUPPORTING STUDENT-CENTERED PROGRAMS THAT FURTHER THE UNIVERSITY'S MISSION TO PROVIDE AN EXCELLENT EDUCATION TO THOSE WHO ASPIRE TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL LIVES, CAREERS AND SERVICE TO THEIR COMMUNITY. THE FOUNDATION SUPPORTS FUNDRAISING EFFORTS TO ACCELERATE THE UNIVERSITY'S TRANSFORMATIONAL IMPACT ON INDIVIDUAL LIVES, DIVERSE COMMUNITIES, SACRAMENTO, CALIFORNIA, AND THE WORLD. FUNDRAISING PRIORITIES INCLUDE STUDENT SCHOLARSHIPS, EMERGENCY FUNDS FOR STUDENTS AS WELL AS FACULTY AND STAFF, CAPITAL PROJECTS, AND OTHER UNIT-SPECIFIC INITIATIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Nelsen
President
$0
Holly Tiche
Board Vice Chair
$0
Bernice Bass DE Martinez
Chair, Governance Committe
$0
Tina Treis
Board Chair
$0
Lisa Cardoza
Executive Officer
$0
Paul Lau
Board Treasurer/chair, Finance Committee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$146,440
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9,408,751
Noncash contributions included in lines 1a–1f $313,811
Total Revenue from Contributions, Gifts, Grants & Similar$9,555,191
Total Program Service Revenue$91,923
Investment income $4,287,104
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $868,152
Net Income from Fundraising Events -$52,765
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,749,605

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Foundation At Sacramento State has recieved totaling $3,605.

Awarding OrganizationAmount
Robert S Dinsmore Foundation Of Texas

Helotes, TX

PURPOSE: CHARITABLE CONTRIBUTIONS

$3,605
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$76,503,707
Earnings-$8,881,182
Admin Expense$533,167
Net Contributions$3,443,365
Other Expense$868,870
Grants$1,499,666
Ending Balance$68,164,187

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