California State University Fresno Foundation
- Assets
- $305.6m
- Revenue
- $82.0m
- Investments
- $0.0
- Employees
- 1,556
- Location
- Fresno, CA
- Founding
- 04/1954
- Data as of
- 06/2021
- EIN
- 94-6003272
Organization Overview
California State University Fresno Foundation is located in Fresno, CA. The organization was established in 1954. 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, California State University Fresno Foundation employed 1,556 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California State University Fresno Foundation 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 06/2021, California State University Fresno Foundation generated $82.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $62.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF CALIFORNIA STATE UNIVERSITY, FRESNO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSE FOR ADMINISTRATION OF PROJECT FUNDS FOR ALL DEPARTMENTS, DIVISIONS, SCHOOLS AND PROGRAMS AT CSUF.
SCHOLARSHIPS AND LOANS TO STUDENTS AT CSUF. APPROXIMATELY 25,341 STUDENTS; 16 LOANS AND 577 SCHOLARSHIPS (STUDENT SUPPORT).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Foster Project Director | 40 | $125,510 | |
David Foster Project Director | 40 | $118,778 | |
Eduardo Gonzalez Interim Ed | 40 | $108,616 | |
Dr Joseph Castro Thru 1220 Secretary | OfficerTrustee | 2 | $0 |
Dr Eric Hanson Vice Chair | OfficerTrustee | 2 | $0 |
Dr Jimenez-Sandovalbeg 121 Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mid Valley Pump Testing Pump Testing Service | 6/29/20 | $124,700 |
Mid Valley Pump Testing Pump Testing Service | 6/29/20 | $124,700 |
Pump Efficiency Testing Srv Pump Testing Service | 6/29/20 | $177,050 |
Mid Valley Pump Testing Pump Testing Service | 6/29/20 | $124,700 |
Pump Efficiency Testing Srv Pump Testing Service | 6/29/20 | $177,050 |
Pump Efficiency Testing Srv Pump Testing Service | 6/29/20 | $177,050 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,841,722 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,736,767 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,578,489 |
| Total Program Service Revenue | $12,005,892 |
| Investment income | $18,557,224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,093,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,049,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,710,637 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $197,215 |
| Compensation of current officers, directors, key employees. | $197,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,589,948 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,911,023 |
| Payroll taxes | $978,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $556,961 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,114,818 |
| Total functional expenses | $62,751,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,614,913 |
| Savings and temporary cash investments | $74,832,866 |
| Pledges and grants receivable | $19,447,049 |
| Accounts receivable, net | $9,254,039 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $366,728 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $130,373 |
| Net Land, buildings, and equipment | $468,723 |
| Investments—publicly traded securities | $199,466,595 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $305,581,286 |
| Accounts payable and accrued expenses | $6,141,583 |
| Grants payable | $0 |
| Deferred revenue | $6,464,740 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,901,215 |
| Total liabilities | $18,507,538 |
| Net assets without donor restrictions | $16,062,037 |
| Net assets with donor restrictions | $271,011,711 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $305,581,286 |
Grants Recieved
Over the last fiscal year, we have identified 35 grants that California State University Fresno Foundation has recieved totaling $3,637,175.
| Awarding Organization | Amount |
|---|---|
College Futures Foundation Oakland, CA PURPOSE: STUDENT-CENTRIC PRACTICES PROGRAM GRANT | $687,000 |
College Futures Foundation Oakland, CA PURPOSE: LEADERSHIP PROGRAM GRANT | $400,000 |
University Enterprises Inc Sacramento, CA PURPOSE: STIPENDS FOR STUDENTS | $390,151 |
College Futures Foundation Oakland, CA PURPOSE: STUDENT-CENTRIC PRACTICES PROGRAM GRANT | $313,000 |
The California Endowment Los Angeles, CA PURPOSE: CENTRAL VALLEY HEALTH POLICY INSTITUTE - ADVANCING RACIAL EQUITY: TO PROVIDE RESEARCH AND EVALUATION TOOLS TO A COHORT OF POWER BUILDING ORGANIZATIONS IN THE CENTRAL SAN JOAQUIN VALLEY, ENABLING WELL-INFORMED COMMUNITY CAMPAIGNS THAT ADVANCE HEALTH AND RACIAL EQUITY. | $250,000 |
The California Endowment Los Angeles, CA PURPOSE: CENTRAL VALLEY HEALTH POLICY INSTITUTE - ADVANCING RACIAL EQUITY: TO PROVIDE RESEARCH AND EVALUATION TOOLS TO A COHORT OF POWER BUILDING ORGANIZATIONS IN THE CENTRAL SAN JOAQUIN VALLEY, ENABLING WELL-INFORMED COMMUNITY CAMPAIGNS THAT ADVANCE HEALTH AND RACIAL EQUITY. | $250,000 |
Endowment Analysis
| Beg. Balance | $153,324,068 |
| Earnings | $43,436,521 |
| Net Contributions | $12,722,949 |
| Other Expense | $190,000 |
| Grants | $8,871,528 |
| Ending Balance | $200,422,010 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Enterprises Inc Sacramento, CA | $150,298,368 | $99,291,560 |
University Of California Irvine Foundation Irvine, CA | $884,006,067 | $143,548,070 |
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
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 |