2025-11-06T09:56:43-06:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2024-07-01 946077724 CAL POLY HUMBOLDT FOUNDATION CALP 7078265200 1 HARPST STREET ARCATA CA 95521 STEVE KARP EXECUTIVE DIRECTOR 7078265200 2025-11-05 1 1 WENDY CAMPOS P00448102 5032421447 2025-10-29 2024 2025-03-06 01:10:19Z STEVE KARP 1 HAPRST STREET ARCATA CA 95521 38437021 0 X GIVING.HUMBOLDT.EDU X 1928 CA TO PROVIDE EXPERTISE, FIDUCIARY OVERSIGHT AND ADVOCACY TO INCREASE CHARITABLE GIVING AND MANAGE THE ENDOWMENT AND OTHER CHARITABLE FUNDS. 17 13 0 12 0 0 13000935 9160192 1517952 1611740 2774534 5123146 24719 6626 17318140 15901704 7500073 12188296 0 0 0 0 0 0 0 2970978 3096592 10471051 15284888 6847089 616816 67694266 70524170 5365650 5372316 62328616 65151854 X SEE SCHEDULE OTHE CAL POLY HUMBOLDT FOUNDATION PROVIDES EXPERTISE, FIDUCIARY OVERSIGHT AND ADVOCACY TO INCREASE CHARITABLE GIVING AND MANAGE THE ENDOWMENT AND OTHER CHARITABLE FUNDS. THE FOUNDATION SERVES HUMBOLDT STATE UNIVERSITY IN SEVERAL WAYS: 1. STEWARD ASSETS - ENSURE THAT CONTRIBUTIONS ARE WELL INVESTED AND USED AS DONORS INTEND.2. DEPLOY ASSETS - ENSURE THAT CONTRIBUTED FUNDS ARE EFFICIENTLY DISTRIBUTED AND PRODUCTIVELY USED BY THE UNIVERSITY. 3. RAISE NEW ASSETS - ENGAGE IN THE FUNDRAISING PROCESS IN ORDER TO INCREASE AMOUNT AND QUALITY OF CHARITABLE CONTRIBUTIONS TO THE UNIVERSITY. 4. STRATEGIC ALIGNMENT - BE FAMILIAR WITH THE STRATEGIES AND DIRECTIONS OF THE UNIVERSITY AND PROVIDE COMMENTARY AND FEEDBACK TO UNIVERSITY LEADERSHIP. 5. ADVOCACY - SERVE AS SPOKESPERSON AND AMBASSADORS FOR THE UNIVERSITY. 0 0 14422545 12188296 1611740 SERVICES INCLUDE FORWARDING EARNINGS TO 189 SCHOLARSHIP FUNDS AND 76 CAMPUS PROGRAMS IN COMPLIANCE WITH ENDOWMENT RESTRICTIONS; ADMINISTERING 355 CHARITABLE ACCOUNTS DEDICATED TO UNIVERSITY PURPOSES; AND MANAGING 291 ENDOWED AND 1 NON-ENDOWED INVESTMENT ACCOUNTS. 14422545 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 16 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 13 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 CA AK CO DC MD NH NJ NY ND OK OR WA KY MA ME MI MN NV OH SC UT WI X X STEVE KARP 7078265200 1 HARPST STREET ARCATA CA 95521 SHERIE GORDON STAFF REPRESENTATIVE THRU 05/25 1.00 39.00 X 0 297166 72171 FRANK WHITLATCH EXEC DIRECTOR & SECRETARY THRU 07/24 19.50 20.50 X X 0 249445 80061 MIKE FISHER STAFF REPRESENTATIVE 1.00 39.00 X 0 207293 92260 MARK JOHNSON EXEC DIRECTOR & SECRETARY THRU 06/25 40.00 1.00 X X 0 197660 45126 STEVE KARP EXEC DIRECTOR & SECRETARY 40.00 1.00 X X 0 151308 57163 EDEN DONAHUE FACULTY REPRESENTATIVE 1.00 39.00 X 0 129000 67081 MICHAEL SPAGNA CAL POLY PRESIDENT 1.00 40.00 X 0 95479 33885 JORDAN KEMME STUDENT REPRESENTATIVE 1.00 0.00 X 0 5082 0 JACK MCGURK CHAIR 1.00 1.00 X X 0 0 0 JASON CARLSON TREASURER 1.00 0.00 X X 0 0 0 ROBIN SMITH MEMBER, PAST CHAIR 1.00 1.00 X 0 0 0 PHILIP ANTON MEMBER 1.00 0.00 X 0 0 0 JOHN BALLARD MEMBER 1.00 0.00 X 0 0 0 ROBIN QUIGLEY MEMBER 1.00 0.00 X 0 0 0 SHERMAN SCHAPIRO MEMBER 1.00 0.00 X 0 0 0 DAN PHILLIPS MEMBER 1.00 0.00 X 0 0 0 JENNIFER KELLER MEMBER 1.00 0.00 X 0 0 0 CARIN KALTSCHMIDT MEMBER 1.00 0.00 X 0 0 0 SCOTT HUNT MEMBER 1.00 0.00 X 0 0 0 KEN FULGHAM MEMBER 1.00 0.00 X 0 0 0 0 1332433 447747 0 0 1 0 0 23825 9136367 309602 9160192 COST RECOVERY 423000 827656 827656 OTHER CAMPUS ACTIVITES 423000 488718 488718 INDIRECT COST - TRUST 423000 295366 295366 1611740 3864544 3864544 23742365 22483763 1258602 1258602 1258602 58180 23825 51554 6626 6626 15901704 1611740 0 5129772 12188296 12188296 282961 282961 96806 96806 375945 375945 13359 7995 5364 221028 220488 540 209452 209300 152 54926 39621 15305 232708 232708 65519 33609 31910 28477 28477 ADMINISTRATIVE FEES 738815 738672 143 INDIRECT COSTS 294284 288205 6079 HOSPITALITY 260339 246753 13586 MEMBERSHIPS 5238 5238 216735 211660 5075 15284888 14422545 862343 0 2772012 1006755 15682263 20969908 7083796 4879477 313150 413056 8794386 8930535 3127244 670977 1003379 2456267 28096991 28042241 3948289 3825931 67694266 70524170 1526141 1453691 3839509 3918625 5365650 5372316 X 1533532 1677793 60795084 63474061 62328616 65151854 67694266 70524170 616816 2206422 0 X 0 1 X 1 0 X 9111346 8820870 8781671 13000935 9160192 48875014 746049 1025793 1514042 1517952 1611740 6415576 100 56685 145958 58180 260923 814117 1236299 1538446 1644015 1924436 7157313 10671512 11083062 11890844 16308860 12754548 62708826 104342 564500 123000 106355 156255 1054452 0 104342 564500 123000 106355 156255 1054452 61654374 796882 1330013 1659708 1362398 3864544 9013545 796882 1330013 1659708 1362398 3864544 9013545 11468394 12413075 13550552 17671258 16619092 71722371 0.85960 0.89050 0.12570 0.09410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50874759 1565036 5108355 673670 3676736 96805 53100939 47876742 902753 4515514 588779 1053537 777934 50874759 46249802 640491 2847363 585136 1037360 238418 47876742 50733450 1266843 -4233705 788077 654181 74528 46249802 32067056 10539449 9546711 499269 850767 69730 50733450 0.11000 0.88000 0.01000 0 1 1 1917696 1917696 1008280 604256 404024 174055 66721 107334 27213 27213 2456267 REAL ESTATE INVESTMENT TRUST 3825931 F 3825931 DEFERRED INFLOWS- LEASE (GASB 87) 3918625 3918625 X PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT SCHOLARSHIPS, CAMPUS PROGRAMS AND OPERATIONS IN COMPLIANCE WITH DONOR RESTRICTIONS. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER THE APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. THE FOUNDATION HAS ANALYZED THE TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA. THE FOUNDATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FINANCIAL STATEMENTS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2025. SPORTS AUCTION 82005 23825 58180 36242 575 13869 868 1 82005 23825 58180 36242 575 13869 868 51554 6626 1 CAL POLY HUMBOLDT 1 HARPST STREET ARCATA CA 95521 946001347 STATE OF CALIFORNIA 12188296 0 STUDENT AWARDS, STIPENDS & SCHOLARSHIPS 1 0 PART I, LINE 2: THE ORGANIZATION MANAGES A NUMBER OF FUNDS AND ACCOUNTS THAT BENEFIT THE UNIVERSITY AND ITS AUXILIARIES. DURING THE FISCAL YEAR, THESE FUNDS AND ACCOUNTS DISTRIBUTED FUNDS AND MADE EXPENDITURES CONSIDERED TO BE PAYMENTS IN SUPPORT OF THE UNIVERSITY OR AUXILIARIES' EXEMPT PURPOSES. CERTAIN FUNDS AND ACCOUNTS DISBURSED ACHIEVEMENT AWARDS AND STIPENDS TO STUDENTS AND STAFF MEMBERS. EACH PAYMENT IS AUTHORIZED BY AN APPROVED FUND OR ACCOUNT SIGNATORY. 0 0 0 0 0 0 0 0 0 SHERIE GORDON STAFF REPRESENTATIVE THRU 05/25 0 297166 0 0 0 0 0 48220 0 23951 0 369337 0 0 FRANK WHITLATCH EXEC DIRECTOR & SECRETARY THRU 07/24 0 249445 0 0 0 0 0 60033 0 20028 0 329506 0 0 MIKE FISHER STAFF REPRESENTATIVE 0 207293 0 0 0 0 0 62040 0 30220 0 299553 0 0 MARK JOHNSON EXEC DIRECTOR & SECRETARY THRU 06/25 0 197660 0 0 0 0 0 45052 0 74 0 242786 0 0 STEVE KARP EXEC DIRECTOR & SECRETARY 0 151308 0 0 0 0 0 44719 0 12444 0 208471 0 0 EDEN DONAHUE FACULTY REPRESENTATIVE 0 129000 0 0 0 0 0 36899 0 30182 0 196081 0 0 PART 1, LINE 3 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY CAL POLY HUMBOLDT UNIVERSITY. THE EXECUTIVE DIRECTOR HAS A WRITTEN EMPLOYMENT CONTRACT WITH CAL POLY HUMBOLDT UNIVERSITY. IN ADDITION, A COMPENSATION SURVEY OR STUDY WAS USED TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION. X 4 2488 FAIR MARKET VALUE X 42 FAIR MARKET VALUE X 25 FAIR MARKET VALUE X 1 67950 FAIR MARKET VALUE X 4 62588 RETAIL VALUE X GIFT CERTS 86 118476 FAIR MARKET VALUE X MUSICAL EQUIP 2 38200 FAIR MARKET VALUE X TOOLS AND EQUIP 5 7484 FAIR MARKET VALUE X GIFT BASKETS 24 4652 FAIR MARKET VALUE X SPORTS EQUIPMENT 4 3210 FAIR MARKET VALUE X SPORTS MEMORABILIA 1 2150 FAIR MARKET VALUE X ELECTRONICS 2 1186 FAIR MARKET VALUE X JEWLERY 5 1150 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: CHARITABLE ADULT RIDES AND SERVICES PROVIDES FUNDRAISING SERVICES. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS CONTRACTS WITH RVK ASSOCIATES TO MANAGE THE DAILY TRANSACTIONS OF THE POOLED INVESTMENT ACCOUNT. THE BOARD OF DIRECTORS ISSUES GUIDELINES FOR INVESTMENT STRATEGIES AND WORKS CLOSELY WITH RVK TO ACHIEVE THESE STRATEGIES. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF CAL POLY HUMBOLDT APPOINTS VOTING BOARD MEMBERS IN CONFORMITY WITH SECTION 42602 OF THE CALIFORNIA CODE OF REGULATIONS, TITLE 5 TO ONE-YEAR TERMS WHICH MAY BE EXTENDED. OTHER VOTING BOARD MEMBERS ARE APPOINTED BY THE CAL POLY HUMBOLDT PRESIDENT AND ACKNOWLEDGED BY THE BOARD TO THREE-YEAR TERMS WHICH MAY BE EXTENDED TO NO MORE THAN TWO CONSECUTIVE TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOUNDATION'S OFFICERS (CHAIR, VICE CHAIR, TREASURER & SECRETARY) AND COMMITTEE CHAIRS (PHILANTHROPY, GOVERNANCE, FINANCE, ETC.). ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE VOTING MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. THE BOARD HAS DELEGATED TO THE EXECUTIVE COMMITTEE ALL BOARD AUTHORITY EXCEPT: (A) THE FILLING OF VACANCIES ON THE BOARD OR ON ANY COMMITTEE; (B) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ANY COMMITTEE, SHOULD THE BYLAWS BE AMENDED TO ALLOW SUCH COMPENSATION; (C) THE AMENDMENT OR REPEAL OF BYLAWS OR THE ADOPTION OF ANY NEW BYLAWS; (D) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD, WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; (E) THE APPOINTMENT OF OTHER COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF; OR (F) THE APPROVAL OF ANY SELF-DEALING TRANSACTION, AS SUCH TRANSACTIONS ARE DEFINED IN SECTION 5233(A) OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND PROVIDES COPIES TO THE BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ALTHOUGH THE CAL POLY HUMBOLDT FOUNDATION HAS NO EMPLOYEES OF ITS OWN, THE EXECUTIVE DIRECTOR, SECRETARY AND CERTAIN BOARD MEMBERS ARE EMPLOYEES OF HUMBOLDT STATE UNIVERSITY. THE COMPENSATION OF THESE INDIVIDUALS IS DETERMINED AND REVIEWED BY HUMBOLDT STATE UNIVERSITY UNDER THE POLICIES AND PROCEDURES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC THROUGH CAL POLY HUMBOLDT FOUNDATION'S WEBSITE AND UPON REQUEST. CALIFORNIA STATE POLYTECHNIC UNIVERSITY HUMBOLDT 1 HARPST ST ARCATA CA 95521 946001347 EDUCATION CA N/A 0 CAL POLY HUMBOLDT SPONSORED PROGRAMS FOUNDATION 1 HARPST ST ARCATA CA 95521 946050071 GRANT ADMINISTRATION CA 501(C)(3) LINE 5 CAL POLY HUMBOLDT 0 HUMBOLDT STATE UNIVERSITY CENTER 1 HARPST ST ARCATA CA 95521 941627074 STUDENT SERVICES CA 501(C)(3) LINE 12C, III-FI CAL POLY HUMBOLDT 0 ASSOCIATED STUDENTS OF CAL POLY HUMBOLDT 1 HARPST ST ARCATA CA 95521 941201195 STUDENT SERVICES CA 501(C)(3) LINE 12C, III-FI CAL POLY HUMBOLDT 0 CAL POLY HUMBOLDT REAL ESTATE HOLDINGS 1 HARPST ST ARCATA CA 95521 812593561 ACCEPT, HOLD, AND MANAGE CERTAIN REAL PROPERTY CA 501(C)(3) LINE 12A, I CAL POLY HUMBOLDT FOUNDATION 1 0 1 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 0 1 CAL POLY HUMBOLDT REAL ESTATE HOLDINGS D 4610416 AGREED-UPON VALUE