2025-05-15T15:46:52+00:00 2024-06-30 350921680 CROWE LLP 701 13th St NW Suite 852 Washington DC 20005 990 2023-07-01 951230865 The University Foundation California State University Chico UNIV 5308986811 25 Main Street 103 Chico CA 95928 Jamie Clyde TREASURER, CSUC VP BUS & FINANCE 2025-05-15 true Steve Lenivy P01635350 2026245555 2025-05-15 2023 2025-03-06 01:10:19Z Chuck Nelsen 25 Main Street 103 Chico CA 95928 30447583 false X www.csuchico.edu/foundation X 1940 CA To administer all CSU, Chico related philanthropic activities. 31 25 0 150 -66912 0 7600497 10526200 842921 780788 2790134 4085172 4058 13962 11237610 15406122 5001148 4926513 0 932034 927215 0 780068 3321255 3536738 9254437 9390466 1983173 6015656 126583523 139967834 4695113 4967458 121888410 135000376 TO BUILD A CULTURE OF PHILANTHROPY BY HARNESSING THE EXPERTISE AND PASSION OF OUR ALUMNI, PARENTS, AND FRIENDS TO RAISE PRIVATE SUPPORT FOR THE EDUCATION, PRACTICAL RESEARCH, AND PUBLIC SERVICE THAT TRANSFORMS THE LIVES OF OUR STUDENTS, FACULTY, STAFF, AND THE PEOPLE WE SERVE. false false 5866656 2903814 780788 THE CAMPUS PROGRAM FUND ENRICHES OUR ACADEMIC, CO-CURRICULAR, AND COMMUNITY PROGRAMS BY PROVIDING FACULTY AND STAFF WITH ENHANCED RESOURCES THAT GIVE STUDENTS THE REAL-WORLD, TEAM-ORIENTED, AND CROSS-DISCIPLINARY EXPERIENCES THEY NEED TO GRADUATE WORK-READY, THINK CREATIVELY, PROBLEM SOLVE, AND DEVELOP PRODUCTIVE RELATIONSHIPS IN THEIR CAREERS AND LIVES. THE FUND ALSO SUPPORTS FACULTY DEVELOPMENT, COLLEGE-BASED PROGRAMS AND PROJECTS, AND CAMPUS ORGANIZATIONS THAT BENEFIT THE PUBLIC THROUGH EDUCATIONAL, CULTURAL, AND SOCIAL SERVICES. 2022699 2022699 THE SCHOLARSHIP FUND DIRECTLY IMPACTS STUDENT SUCCESS BY MAKING COLLEGE MORE AFFORDABLE FOR DESERVING STUDENTS THROUGH SCHOLARSHIPS. NOT ONLY DOES THE FUND DECREASE THE FINANCIAL BURDEN OF STUDENTS' COLLEGE EDUCATION, BUT IT ALSO RECOGNIZES THE ACCOMPLISHMENTS AND AMBITION OF STUDENTS WHO EXEMPLIFY THE UNIVERSITY'S VALUES AND HAVE THE POTENTIAL TO TRANSFORM THE WORLD. 7889355 true true false false true false true false true true true false false true true true true false false true false false false true false false true true true false false false false false false false false true true false false false true false true false true 177 0 true 0 true true false false false false true true false false false false false false false false false X 31 25 false false false false false false false true true false false true true true true true true false false false CA X X Ahmad Boura 5308986811 25 MAIN STREET SUITE 103 CHICO CA 95928 Ahmad Boura CEO & Secretary, CSUC VP Advancement 2.0 40.0 X X 0 315452 68367 Catherine Pleasant Board Vice Chair 2.0 0.0 X X 0 0 0 Chuck Nelsen Board Chair 2.0 0.0 X X 0 0 0 Jamie Clyde Treasurer, CSUC VP Bus & Finance 2.0 40.0 X X 0 163081 48056 Bob Kittredge Board Member 2.0 2.0 X 0 0 0 Braydan Young Board Member 2.0 0.0 X 0 0 0 Christina Nichols Board Member 2.0 0.0 X 0 0 0 Cynthia Daley Board Member/Faculty Member 2.0 40.0 X 0 137496 56116 Darryl Schoen Board Member 2.0 0.0 X 0 0 0 Dave Heinsen Board Member 2.0 0.0 X 0 0 0 Dave Scotto Board Member 2.0 0.0 X 0 0 0 David Hodson Board Past Chair 2.0 0.0 X 0 0 0 David Hufford Board Member 2.0 0.0 X 0 0 0 Doug Guerrero Board Member 2.0 0.0 X 0 0 0 Dr Thomas Reed Board Memeber 2.0 0.0 X 0 0 0 Gayle Dilley Board Member 2.0 0.0 X 0 0 0 Glen Thomas Board Member 2.0 0.0 X 0 0 0 Jay Gilbert Board Memeber 2.0 0.0 X 0 0 0 John Morrell Board Member 2.0 0.0 X 0 0 0 Joyce Densmore-Thomas Board Member 2.0 0.0 X 0 0 0 Kate Minderhoud Board Member/Student 1.0 0.0 X 0 0 0 Leslie Cornick Provost (start 01/24) 2.0 40.0 X 0 0 0 Marilyn Rees Board Member 2.0 0.0 X 0 0 0 Matt Ober Board Member 2.0 0.0 X 0 0 0 Mike Prime Board Member 2.0 0.0 X 0 0 0 Nick Webber Board Member 2.0 0.0 X 0 0 0 Olena Lacy Board Member 2.0 0.0 X 0 0 0 Steve Perez Board Member, CSUC President 2.0 40.0 X 0 352182 123411 Stuart Casillas Board Member 2.0 0.0 X 0 0 0 Terence Lau Board Member, CSUC Provost 2.0 40.0 X 0 326453 72872 Tim Sauer Board Member 2.0 0.0 X 0 0 0 Tom Giustina Board Chair 2.0 0.0 X 0 0 0 0 1294664 368822 0 false true false 0 38919 10487281 249227 10526200 University Programs 611710 780788 780788 0 0 0 0 780788 3469101 -66912 3536013 0 0 15621938 15005867 616071 0 616071 616071 49556 38919 35594 13962 13962 0 0 0 0 0 15406122 780788 -66912 4166046 4655344 4655344 271169 271169 757786 748467 761 8558 169429 168676 753 450000 450000 191401 191401 351467 160520 0 190947 24994 19994 5000 582402 434280 53605 94517 166405 109866 6856 49683 67359 67251 108 467377 277567 189810 8173 8173 10164 10164 18524 965 17559 Public relations and development 1069490 828714 240776 Uniforms and Clothing 128982 128205 777 0 0 0 0 9390466 7889355 721043 780068 949651 912381 1282741 1092296 5264860 5264833 242416 291875 0 0 0 0 4551718 1349453 3212430 3202265 81042220 91521195 34589205 37682989 0 0 0 126583523 139967834 1124687 1219695 0 0 3570426 3747763 4695113 4967458 X 16267041 18518947 105621369 116481429 121888410 135000376 126583523 139967834 X 6015656 6509888 586422 X false true X true false X 7869032 14701806 9980913 7600497 10526200 50678448 0 0 7869032 14701806 9980913 7600497 10526200 50678448 3485066 47193382 1882072 1494048 6253240 2512817 3469101 15611278 0 0 0 0 0 0 69263 0 68564 66517 49556 253900 66543626 3261385 0.7092 0.7523 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING EVENTS INCOME, COLUMN A - 61232.0, COLUMN B - 0.0, COLUMN C - 68564.0, COLUMN D - 66517.0, COLUMN E - 49556.0, COLUMN F - 245869.0; DESCRIPTION - GAMING INCOME, COLUMN A - 8031.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 8031.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 1400 6152 211751 true true X X X false 88694074 7252143 8413620 2737635 1417232 100204970 81761062 3762693 7239988 2779264 1290405 88694074 90007504 3613155 -7894792 2518544 1446261 81761062 62941713 9090001 21343308 2241231 1126287 90007504 65293330 2032385 -1057032 2318767 0 1008203 62941713 0.11 0.89 0.0 false false 3200000 3200000 28615 28615 0 1323103 1320838 2265 3202265 Partnership interest 36198881 F Pooled investments 1270732 F Other investments 213376 F 37682989 Liability under trust agreements 2753935 Liability for amounts held for others 993828 Other Liabilities 3747763 X 22346624 6509888 622015 7131903 15214721 191401 0 191401 15406122 9234658 35593 35593 9199065 191401 0 191401 9390466 Schedule D, Part III, Line 1a Collections of art - financial statement footnote The Foundation maintains collections of art. Collection items acquired either through purchase or donation are not capitalized or recognized as revenues or gains provided that such donations are added to collections and held for public exhibition, education, or research in furtherance of public service rather than financial gain; are protected, kept unencumbered, cared for, and preserved; and are subject to a policy that requires the proceeds from sales of collection items to be used to acquire other items for collections. Purchases of collection items are recorded as decreases in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted net assets if purchased with donor-restricted assets. Proceeds from deaccessions or insurance recoveries are reflected in the statements of activities based on the absence or existence and nature of donor imposed restrictions. Schedule D, Part III, Line 4 Collections of art - description of collections The University Foundation's collections, which are composed mainly of artwork and other display items donated to the University Foundation, further enhance CSUC's educational mission. Schedule D, Part V, Line 4 Intended uses of endowment funds Established by philanthropic supporters of the University. Endowment Funds provide scholarships and awards that help students and faculty achieve their highest and best purpose while at Chico State by making college more affordable and increasing the ability of faculty to enrich the learning experience. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Foundation has been classified as an organization that is not a private foundation under Section 509(a)(2). The Foundation has not entered into any activities that would jeopardize its tax-exempt status. Income from certain investments with activity not related to the Foundation's tax exempt purpose is subject to taxation as unrelated business income (UBI). The Foundation files exempt organization returns in the U.S. federal and California jurisdictions. The Foundation accounts for income taxes in accordance with FASB ASC 740, Income Taxes, which clarifies the accounting for uncertainty in income taxes recognized in the Foundation's financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. FASB ASC 740, income taxes also provides guidance on derecognition and measurement of a tax position taken or expected to be taken in a tax return. Based on this analysis, a liability is recorded if uncertain tax benefits have been received. The Foundation's practice is to recognize interest and penalties, if any, related to uncertain tax positions in the tax expense. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Split Interest Agreement - 87229 Other Fundraising Expenses - 35593 Interorganizational Transfer to/from CSE - 499193 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Other Fundraising Expenses - 35593 Central America and the Caribbean 0 0 Investments 12202075 Europe (Including Iceland and Greenland) 0 0 Investments 467620 0 0 0 0 0 0 12669695 0 12669695 true false true false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual GSM Science Rocks 43215 14964 28251 425 5221 1000 7238 ACI Golf Tourney 28910 19050 9860 1000 4032 3420 2000 1 16350 4905 11445 1241 10017 88475 38919 49556 2241 4457 18658 3000 7238 35594 13962 true Chico State Enterprises 25 Main St Suite 103 Chico CA 95928 630386518 501(C)(3) 924895 7750 FMV Lambs and Equipment North State Public Radio (NSPR) Contributions. North state Symphony contributions, and other general support. California State University Chico 400 West First St Chico CA 95929 680219874 501(C)(1) 3679703 14449 FMV Equipment Student Scholarships and General Support 2 0 Awards, Trophies, and Plaques 373 226813 20119 FMV Trophies and Plaques Stipend 25 24237 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The University Foundation has established policies and procedures to ensure grant funds are distributed properly. Furthermore, the Foundation is audited annually by an independent firm and tri-annually by the CSU, Chancellor's Office to ensure compliance with these policies and procedures. X X true true false false false false false false false false false Ahmad Boura CEO & Secretary, CSUC VP Advancement 0 266949 0 40865 0 7638 0 46733 0 21634 0 383819 0 0 Jamie Clyde Treasurer, CSUC VP Bus & Finance 0 162125 0 0 0 956 0 46733 0 1323 0 211137 0 0 Steve Perez Board Member, CSUC President 0 329418 0 12900 0 9864 0 100368 0 23043 0 475593 0 0 Terence Lau Board Member, CSUC Provost 0 294006 0 32309 0 138 0 46733 0 26139 0 399325 0 0 Cynthia Daley Board Member/Faculty Member 0 137496 0 0 0 0 0 44813 0 11303 0 193612 0 0 Schedule J, Part I, Line 1a Travel for companions PRESIDENT PEREZ's SPOUSE OCCASIONALLY TRAVELS WITH THE PRESIDENT FOR BUSINESS PURPOSES. THIS AMOUNT IS NOT INCLUDED IN TAXABLE INCOME. Schedule J, Part I, Line 1a Housing allowance or residence for personal use President Perez received a housing allowance. This amount was treated as taxable compensation. X 2 13460 Market value X 18 180779 Market value X Supplies/Equipment 60 54988 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Supplies/Equipment Number of contributions Art - Works of art - Number of Contributions Securities - Publicly traded - number of contributions Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee executes matters of policy and operations, representing the board between meetings, and making recommendations to the President on matters regarding the University Foundation, endowment management, and the development operation. There are 8 members on the committee, 7 of which are members of the governing body, and one of which was a past chair of the governing body. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ELECTRONIC COPY OF THE FULL FORM 990 IS SENT TO THE ENTIRE GOVERNING BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. IF CHANGES ARE MADE, THE REVISED 990 IS FILED. OTHERWISE, THE ORIGINAL FORM 990 IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy THE GOVERNING BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO RECEIVE AND SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT WHICH ARE MAINTAINED BY THE UNIVERSITY FOUNDATION ADVANCEMENT OFFICE. TO AVOID CONTRACTS OR TRANSACTIONS ENTERED INTO BY THE GOVERNING BOARD OF THE CSU, CHICO UNIVERSITY FOUNDATION FROM BEING VOIDED, A BOARD MEMBER MUST DISCLOSE A FINANCIAL INTEREST WHICH COULD BE IMPACTED BY THE ACTION OF THE GOVERNING BOARD. UNDER THESE CIRCUMSTANCES, THE BOARD MEMBER MUST REFRAIN FROM ANY ACTION TO INFLUENCE OR APPROVE SUCH A TRANSACTION. THE UNIVERSITY FOUNDATION CALIFORNIA STATE UNIVERSITY, CHICO CHIEF EXECUTIVE OFFICER SHALL PROVIDE THE CAMPUS CHIEF FINANCIAL OFFICER WITH A REPORT OF COMPLIANCE WITH THIS POLICY. THE REPORT SHOULD INCLUDE THE NAMES, POSITIONS, TERMS OF OFFICE AND DATE COMPLIANCE STATEMENTS WERE SIGNED. THIS REPORT SHALL BE FORWARDED TO THE CAMPUS CHIEF FINANCIAL OFFICER ANNUALLY BY JUNE 30. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY SHALL BE REPORTED TO THE CAMPUS CHIEF FINANCIAL OFFICER UPON DISCOVERY. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE ORGANIZATION'S WEBSITE AND UPON REQUEST. Form 990, Part VII, Section A Uncompensated Trustee or Director The organization has a fiscal year ending on June 30, 2024. Leslie Cornick was hired after the 2023 calendar year, so there is no compensation from the related organization to report for the 2023 tax filing. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN SPLIT INTEREST AGREEMENT - 87229; Interorganizational Transfer to/from CSE - 499193; Form 990, Part IX, Lines 7-10: Statement of Functional Expenses Amounts Reported represent disbursements to other exempt related organizations for services rendered to the filing organization. The filing organization does not report employees under Part V, Line 2A as it has entered into contract agreements with related organizations for financial and administrative support services conducted under the direction of the filing organization. Form 990, Part VI, Section B, Line 15: Process for Determining Compensation The University Foundation California State University, Chico does not have any paid officers or directors. California State University Chico, a related organization, does compensate the officers and directors and has a formal review policy. California State University Chico 400 West First Street Chico CA 95929 680219874 University CA 501(c)(1) NA false Chico State Enterprises 25 Main Street Suite 203 Chico CA 959290246 680386518 Research Foundation CA 501(c)(3) Type I CALIFORNIA STATE UNIVERSITY CHICO false Associated Students of CSU Chico 400 West First Street BMU Room 218 Chico CA 95929 941254630 Auxiliary Organization CA 501(c)(3) Type III-FI NA false Charitable remainder trusts (11) Charitable trust CA NA Trust 1 true false false false false false false false false false false false false true true true true false false true