2024-05-14T16:09:24-05:00 2023-06-30 420714325 RSM US LLP 920 5th Avenue Suite 2800 Seattle WA 98104 990 2022-07-01 946017638 San Jose State University Research Foundation SANJ 4089241400 210 N 4th Street 400 San Jose CA 95112 Shailendra Baghel Director, Finance & Accounting 4089241400 2024-05-10 1 Shailendra Baghel 999009999 1 Sue Robison P00560072 2062814444 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Shailendra Baghel 210 N 4th Street 400 San Jose CA 95112 66595962 0 X www. SJSU.edu/researchfoundation X 1932 CA The San Jose State University Research Foundation is an auxiliary organization of San Jose State University and The California State University system. The Foundation's mission is to advance the welfare of the university and assist in fulfilling its objectives, supplement programs and activities of the university, and promote and assist the university's education services. 16 4 1407 4 0 0 44873710 43951283 9061812 14274532 1952505 659778 132812 524247 56020839 59409840 3070673 4329628 0 0 36312390 39580115 0 0 0 14910535 14379138 54293598 58288881 1727241 1120959 60826660 59457799 43688014 39874895 17138646 19582904 X As an integral member of the San Jose State University community, the San Jose State University Research Foundation provides an entrepreneurial framework through which local, state and federal agencies, businesses and private foundations engage SJSU faculty and students in sponsored research, public service and community projects, consulting and other specialized educational activities in support of the University's mission. Delivering specialized business services to support a diverse range of externally-funded activities, the San Jose State University Research Foundation fosters the University's quest for excellence by: (1) Supporting Faculty Success, (2) Expanding Student Horizons, (3) Delivering Specialized Business Services and (4) Developing Partnerships with the community. 0 0 40867762 4329628 13836119 Sponsored Programs: Provide grant and contract proposal, development, and support and administration services to San Jose State University faculty, generating 356 proposals and receiving 266 awards worth $63,250,711 during fiscal year ending June 30, 2023. The externally surrounding community beneficiaries of these activities are the students whose enriched experiences have direct consequences for the future of our metropolitan area. 8899547 438413 Campus and Community Programs: Include numerous non-credit programs and activities that supplement and support the San Jose State University's educational mission. These activities benefit the students, faculty, and the surrounding San Jose community. 49767309 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 335 0 1 1407 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 4 0 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 1 0 CA X X Andrew Exner 4089241400 210 N 4th Street 400 San Jose CA 95112 X Vincent Del Casino Board Member 1.00 40.00 X 0 316199 113643 Charlie Faas Board Treasurer 1.00 40.00 X X 0 278967 73963 Mohamad Abousalem Board President 1.00 40.00 X X 0 306685 42796 Sheryl Ehrman Board Member 1.00 40.00 X 0 242412 67287 Marc D'Alarcao Board Member 1.00 40.00 X 0 212485 91686 Richard Mocarski Board Vice President 1.00 40.00 X X 27340 192104 77943 Heather Lattimer Board Member 1.00 40.00 X 0 214291 72360 Jason Aleksander Board Member 1.00 40.00 X 0 169741 71190 Ivano Aiello Board Member 1.00 40.00 X 0 158649 68443 Matthew Spangler Board Member 1.00 40.00 X 13811 142169 44032 Katy Kao Board Member 1.00 40.00 X 7259 133902 49898 Laurie Drabble Board Member 1.00 40.00 X 0 141140 49381 Sara Nayeem Student Representative 1.00 1.00 X 0 0 0 Peace Lu Student Representative (until 12/22) 1.00 1.00 X 0 0 0 John Boothroyd Community Board Member 1.00 0.00 X 0 0 0 Holger Schmidt Community Board Member 1.00 0.00 X 0 0 0 Pamela Stacks Community Board Member 1.00 0.00 X 0 0 0 Andrew Exner Executive Director 40.00 0.00 X 214925 0 21440 Ranjit Kaur Human Research Director 40.00 0.00 X 171823 0 29886 Deborah Maloney Sponsored Prog Director 40.00 0.00 X 152578 0 10855 Sean Laraway Project Director 20.00 20.00 X 150486 175660 64844 Karen Philbrick MTI Executive Director 40.00 0.00 X 237662 0 25938 Mark Snycerski Senior Research Associate 40.00 0.00 X 231077 0 30123 Mark Yarbrough Project Manager 40.00 0.00 X 239558 0 18481 Todd Callantine Senior Research Associate 40.00 0.00 X 228867 0 26519 1675386 2684404 1050708 71 0 1 0 CSU Long Beach Research Foundation 6300 State University Drive Suite Long Beach CA 90815 Subcontract 387706 Marine Applied Research & Exploration 1230 Brickyard Cove Road No 101 Richmond CA 94801 Subcontract 336415 Navajo Technical University Lowerpoint Road Hwy 371 PO Box 84 Crownpoint NM 87313 Subcontract 325797 Regents of UC Santa Barbara SAASB Bldg R 1212 Santa Barbara CA 93106 Subcontract 299281 University of North Carolina 9201 University City Boulevard Charlotte NC 28223 Subcontract 275757 14 1164237 42775923 11123 11123 43951283 Nongovernmental 611600 3445659 3445659 Student Tuition and Fees 611600 3285150 3285150 Other Operating Revenues 611600 2504201 2504201 Local & Other Contracts 611600 2356108 2356108 Program Fees 611600 2245001 2245001 438413 438413 14274532 854381 854381 186701 70233 116468 116468 116468 6921286 7115889 -194603 -194603 -194603 407779 407779 407779 59409840 14274532 0 1184025 808635 808635 3520993 3520993 856118 61882 794236 29833365 25971938 3861427 1131378 955924 175454 5711420 4719825 991595 2047834 1713485 334349 124387 79481 44906 318662 54285 264377 117462 117462 2509406 2434647 74759 62240 46845 15395 2855009 2679033 175976 765674 202724 562950 748575 573662 174913 1674486 1576063 98423 270424 237005 33419 40447 262 40185 2071227 1500322 570905 323762 137389 186373 Subcontracts 3276715 3276715 OPEB -883271 -883271 103933 99465 4468 58288881 49767309 8521572 0 1382482 2203472 3301745 4715676 9248957 5491050 259591 368452 24066453 12903705 11749388 11162748 18784488 20615480 2003137 1944505 14096872 12956416 60826660 59457799 6493953 6531785 5013959 3110979 32180102 30232131 43688014 39874895 X 5409845 8487320 11728801 11095584 0 0 17138646 19582904 60826660 59457799 X 1120959 1437003 -113704 X 0 1 X 1 1 1 X 34733398 36175740 33705715 44873710 43951283 193439846 34733398 36175740 33705715 44873710 43951283 193439846 193439846 685728 704321 628968 826715 1041082 3886814 407779 407779 197734439 84192910 0.97830 0.98110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5176528 5176528 6705477 4196172 2509305 812626 776962 35664 10349463 7930571 2418892 1022359 1022359 11162748 Deferred Outflows of Resources 10267170 Lease Receivable 134727 Capital Lease Property 2554519 12956416 Post-Employment Benefits Obligation 10776734 Deferred Inflows of Resources 16586177 Due to External Agencies 196699 Other Liabilities 50838 Lease Obligations 2621683 30232131 X 62113555 1437003 1497878 -113704 2821177 59292378 117462 117462 59409840 59669297 1497878 1497878 58171419 117462 117462 58288881 Part X, Line 2: The Foundation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code (the Code), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Foundation has also been recognized by the California Franchise Tax Board as an organization that is exempt from California franchise and income taxes under Section 23701(d) of the California Revenue and Taxation Code. The Foundation's management has evaluated its tax positions and the certainty as to whether those tax positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to the Foundation's continued qualification as a tax-exempt organization and whether there are unrelated business income activities conducted that would be taxable. Management has determined that all income tax positions will more likely than not be sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The Foundation Forms 990, Return of Organization Exempt from Income Tax, for each of the tax years ended June 30, 2022, 2021 and 2020, are subject to examination by the Internal Revenue Service, generally for three years after they were filed. The Foundation also filed Form 990-T for the year ended June 30, 2022. Part XI, Line 2d - Other Adjustments: Fixed-Price Contract Closing Internal Transfer -113,704. 1 San Jose State University 1 Washington Square San Jose CA 95112 770414438 Gov't Entity 500000 0 Contribute to new science building construction Associated Students San Jose State University 1 Washington Square San Jose CA 95192 941156305 501(c)(3) 308635 0 General Operating Support 2 0 Student Financial Aid and participant support 200 3520993 Part I, Line 2: Our organization has a team of staff who review grant expenses and disbursements of project persons incurred for projects to ensure compliance with grant terms and OMB regulations. Staff also ensure that project persons file various reports to the grantors, including progress reports, technical reports and financial reports. Accounting staff also review and ensure expenditures are in compliance with OMB and GAAP. 0 0 0 0 0 0 0 0 0 Vincent Del Casino Board Member 0 312699 0 3500 0 0 0 91117 0 22526 0 429842 0 0 Sean Laraway Project Director 150486 172160 0 3500 0 0 0 52391 1602 10851 152088 238902 0 0 Charlie Faas Board Treasurer 0 275467 0 3500 0 0 0 39439 0 34524 0 352930 0 0 Mohamad Abousalem Board President 0 268994 0 37691 0 0 0 39536 0 3260 0 349481 0 0 Sheryl Ehrman Board Member 0 238912 0 3500 0 0 0 39947 0 27340 0 309699 0 0 Marc D'Alarcao Board Member 0 208985 0 3500 0 0 0 64346 0 27340 0 304171 0 0 Richard Mocarski Board Vice President 27340 188604 0 3500 0 0 0 45177 301 32465 27641 269746 0 0 Heather Lattimer Board Member 0 210791 0 3500 0 0 0 40586 0 31774 0 286651 0 0 Karen Philbrick MTI Executive Director 237662 0 0 0 0 0 0 0 25938 0 263600 0 0 0 Mark Snycerski Senior Research Associate 231077 0 0 0 0 0 0 0 30123 0 261200 0 0 0 Mark Yarbrough Project Manager 239558 0 0 0 0 0 0 0 18481 0 258039 0 0 0 Todd Callantine Senior Research Associate 228867 0 0 0 0 0 0 0 26519 0 255386 0 0 0 Jason Aleksander Board Member 0 166241 0 3500 0 0 0 41100 0 30090 0 240931 0 0 Andrew Exner Executive Director 214925 0 0 0 0 0 0 0 21440 0 236365 0 0 0 Ivano Aiello Board Member 0 155149 0 3500 0 0 0 47554 0 20889 0 227092 0 0 Ranjit Kaur Human Research Director 171823 0 0 0 0 0 0 0 29886 0 201709 0 0 0 Matthew Spangler Board Member 13811 138669 0 3500 0 0 0 42043 152 1837 13963 186049 0 0 Katy Kao Board Member 7259 130402 0 3500 0 0 0 39455 80 10363 7339 183720 0 0 Laurie Drabble Board Member 0 123712 0 17428 0 0 0 33108 0 16273 0 190521 0 0 Deborah Maloney Sponsored Prog Director 152578 0 0 0 0 0 0 0 10855 0 163433 0 0 0 Part I, Line 3 The Executive Director's compensation is determined by San Jose State University in accordance with the California State University Management Personnel Program (MPP). Our organization's President, VP and Treasurer are ex-officio SJSU employees as stated in our By-Laws, and they are members of our Executive Committee which oversees the compensation of our Executive Director. Form 990, Part VI, Section A, line 4 The bylaws were amended in September 2022 to update the authorized minimum number of Directors from 10 to 13, add details of Executive Director responsibilities and vacancy of Director positions, and include the term for Student Director. Form 990, Part VI, Section A, line 7a Directors are nominated by the University Vice President for Research and Innovation and designated by the University President of San Jose State University. Form 990, Part VI, Section B, line 11b San Jose State University Research Foundation worked with RSM, an independent accounting firm, to timely file Form 990. A copy of Form 990 was distributed to the Board of Directors after filing with the IRS. Form 990, Part VI, Section B, line 12c All board members and senior management complete annual Conflict of Interest affidavits. The Executive Director or others review any perceived or actual conflicts as appropriate. Any person with a conflict would not be allowed to participate in the deliberations or decisions of those transactions. Form 990, Part VI, Section B, line 15b The Executive Director's compensation is determined by San Jose State University in accordance with the California State University Management Personnel Program (MPP). The Research Foundation's human resources department process for determining compensation for central office employees, including officers and key employees other than the Executive Director, consists of a total rewards analysis which includes, but is not limited to job matching organizational leveling. Internal and external competitive salary, total compensation assessments, as well as reward and recognition programs. Total position and compensation analyses for central office employees are generally conducted on an annual basis. The SJSU Research Foundation human resources department obtains its position and salary benchmark data from the AON/Radford US Benchmark Salary Survey, the California State Chancellor's office, and the California Auxiliary Organization Association (AOA). Form 990, Part VI, Section C, line 19 The Foundation makes its governing documents, conflict of interest policy, and financial statements available upon request by either directing them to the website that has them published or making copies for the requestor. The Foundation's financial statements are also available on the website. Form 990, Part VII, Section A: Certain board members receive compensation from the Foundation, which relates to their work on projects funded by external organizations through a competitive proposal process. None of the compensation relates to their board member responsibilities at the Foundation. Certain board members receive compensation from San Jose State University, which relates to their job position at and services rendered to the University. None of the compensation relates to their board member responsibilities at the Foundation. Form 990, Part XI, line 9: Fixed-Price Contract Closing Internal Transfer -113,704. San Jose State University One Washington Square San Jose CA 95192 770414038 Education Institute CA N/A 0 Spartan Shops Inc SJSU One Washington Square San Jose CA 95192 941392424 Aux. Services CA 501(c)(3) Line 12a, I San Jose State University 1 Associated Students of San Jose State University One Washington Square San Jose CA 95192 941156305 Aux. Services CA 501(c)(3) Line 5 San Jose State University 1 The Tower Foundation of San Jose State University One Washington Square San Jose CA 95192 830403915 Financial Assistance CA 501(c)(3) Line 7 San Jose State University 1 Student Union of San Jose State University One Washington Square San Jose CA 95192 942830732 Aux. Services CA 501(c)(3) Line 12c, III-FI San Jose State University 1 0 1 1 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 1 Associated Students of San Jose State University B 308635 Cash Spartan Shops Inc P 98819 Cash