2025-04-03T12:29:26-05:00 2024-05-31 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2023-06-01 770076535 CALIFORNIA LUTHERAN EDUCATIONAL FOUNDATION CALI 8054933181 60 WEST OLSEN ROAD MC 1200 THOUSAND OAKS CA 913602700 REGINA BIDDINGS-MURO CHIEF EXECUTIVE OFFICER 8054933181 2025-03-24 1 0 LAUREN A HAVERLOCK P00545829 8185771900 2025-03-24 2023 2025-03-06 01:10:19Z REGINA BIDDINGS-MURO 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 913602700 397591 0 X WWW.CALLUTHERAN.EDU X 1957 CA THE MISSION OF CLEF IS TO MARKET, ADMINISTER, AND PROVIDE TRUSTEESHIP FOR CLU'S PLANNED GIVING, TRUST AND ANNUITY PROGRAMS. 5 4 0 6 0 0 0 0 0 0 9978 22165 0 0 9978 22165 27950 28120 0 0 0 0 0 0 0 2109 2170 30059 30290 -20081 -8125 2977873 3166965 2117973 2155538 859900 1011427 THE MISSION OF THE CALIFORNIA LUTHERAN EDUCATION FOUNDATION IS TO MARKET, ADMINISTER AND PROVIDE TRUSTEESHIP FOR CALIFORNIA LUTHERAN UNIVERSITY'S PLANNED GIVING, CHARITABLE TRUST AND ANNUITY PROGRAMS. 0 0 28120 28120 0 PLANNED GIVING, CHARITABLE TRUST & GIFT ANNUITY PROGRAMS. 28120 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X BRIAN FAHNESTOCK 8054933181 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 91360 VARLOTTA LORI BOARD MEMBER 0.30 40.00 X 0 591359 165354 BAUMHEFNER LINDA CHAIR OF THE BOARD 0.30 1.00 X X 0 0 0 GILBERT ROD BOARD MEMBER 0.30 1.00 X 0 0 0 HILL LAUREEN BOARD MEMBER (AS OF 04/24) 0.30 1.00 X 0 0 0 KRANTZ WILLIAM BOARD MEMBER 0.30 0.00 X 0 0 0 OGBECHIE NKEM BOARD MEMBER 0.30 1.00 X 0 0 0 PAPAGEORGE DEBRA BOARD MEMBER 0.30 1.00 X 0 0 0 BIDDINGS-MURO REGINA CHIEF EXECUTIVE OFFICER 0.30 40.00 X 0 241703 30728 YSASI RICHARD TREASURER 0.30 40.00 X 0 223274 20127 MARSH TOM ASSISTANT TREASURER (THRU 08/23) 0.30 40.00 X 0 94658 0 ARNOLD JOEL - CHIEF OPERATING OFFICER (AS OF 05/23) 0.30 40.00 X 0 75016 15189 PFAHLER ELLEN ASSISTANT TREASURER (AS OF 08/23) 0.30 40.00 X 0 34861 2581 0 1260871 233979 0 0 1 0 0 6457 6457 391134 375426 15708 15708 15708 22165 0 0 22165 28120 28120 2170 2170 30290 28120 2170 0 65995 25118 2321693 2509037 590185 632810 2977873 3166965 2117973 2155538 2117973 2155538 X 30043 33771 829857 977656 859900 1011427 2977873 3166965 X -8125 50750 108902 X 0 1 X 1 0 X X 1 CALIFORNIA LUTHERAN UNIVERSITY 952962604 2 1 28120 0 1 28120 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 590185 70745 28120 632810 636300 -18165 27950 590185 659556 3314 26570 636300 537906 148660 27010 659556 562185 -1049 23230 537906 0.05340 0.74990 0.19670 0 1 1 0 BENEFICIAL INTEREST IN ENDOWMENT FUNDS INVESTED BY CAL LUTHERAN UNIVERSITY 632810 F 632810 AMOUNTS HELD FOR OTHERS 1032714 ANNUITIES PAYABLE 1122824 2155538 X PART V, LINE 4: THE PURPOSE OF THE FOUNDATION'S ENDOWMENT FUNDS ARE TO SUPPORT CLU'S PLANNED GIVING, TRUST AND ANNUITY PROGRAMS. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE CONSOLIDATED FINANCIAL STATEMENTS RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2024 AND 2023. 1 CALIFORNIA LUTHERAN UNIVERSITY 60 WEST OLSEN ROAD THOUSAND OAKS CA 91360 952962604 501(C)(3) 0 28120 FOR THE GENERAL BENEFIT OF THE UNIVERSITY. 1 0 PART I, LINE 2: THE FOUNDATION SOLELY GRANTS FUNDS TO CALIFORNIA LUTHERAN UNIVERSITY, ITS SUPPORTED ORGANIZATION. ALL BOARD MEMBERS OF THE FOUNDATION ARE ALSO BOARD MEMBERS AND EMPLOYEES OF THE UNIVERSITY, SO THEY ARE ABLE TO OVERSEE THE USE OF FUNDS TO SUPPORT THE UNIVERSITY ARE USED TO SUPPORT THE UNIVERSITY'S OPERATIONS. 0 1 0 0 0 0 0 0 0 VARLOTTA LORI BOARD MEMBER 0 507056 0 0 0 84303 0 155635 0 9719 0 756713 0 0 BIDDINGS-MURO REGINA CHIEF EXECUTIVE OFFICER 0 239639 0 0 0 2064 0 21469 0 9259 0 272431 0 0 YSASI RICHARD TREASURER 0 222926 0 0 0 348 0 19311 0 816 0 243401 0 0 PART I, LINE 3 THE FOUNDATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THE METHODS DESCRIBED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION. PART I, LINE 4B LORI VARLOTTA, PRESIDENT PARTICIPATED IN TWO SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS. CONTRIBUTIONS OF $50,000 AND $100,000 WERE MADE IN 2023. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS ONE CLASS OF MEMBERS, AND THAT IS MEMBERS OF THE CALIFORNIA LUTHERAN UNIVERSITY'S BOARD OF REGENTS. EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES OF THE FOUNDATION INCLUDES MEMBERS OF THE ADMINISTRATION AND FINANCE COMMITTEE OF THE BOARD OF REGENTS OF THE CALIFORNIA LUTHERAN UNIVERSITY (UNIVERSITY), THE PRESIDENT OF THE UNIVERSITY, AND OTHER PERSONS SELECTED BY THE MEMBERS OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE FOUNDATION'S BYLAWS CAN BE MADE BY BOARD OF TRUSTEES, BUT FINAL RATIFICATION IS MADE BY THE FOUNDATION'S MEMBERS (THE BOARD OF REGENTS OF CALIFORNIA LUTHERAN UNIVERSITY). FORM 990, PART VI, SECTION B, LINE 11B INFORMATION IS GATHERED BY FOUNDATION STAFF AND FORWARDED TO A CPA FIRM TO PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY THE TREASURER AND ASSISTANT TREASURER. UPON THEIR APPROVAL, A COPY OF THE FORM 990 IS MADE AVAILABLE TO BOARD MEMBERS VIA A SECURE WEBSITE. AFTER ALL BOARD MEMBERS HAVE REVIEWED THE RETURN, IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL INDIVIDUALS WITH CONTRACT AUTHORITY TO COMPLETE A CONFLICT OF INTEREST FORM. ANY POTENTIAL ISSUES ARE BROUGHT TO THE ATTENTION OF MANAGEMENT AND THE BOARD OF REGENTS. VIOLATIONS ARE ADDRESSED AT THAT TIME. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: CALIFORNIA LUTHERAN EDUCATIONAL FOUNDATION HAS NO COMPENSATED OFFICERS, TRUSTEES, OR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT AND TRANSFERS 108,902. CALIFORNIA LUTHERAN UNIVERSITY 60 WEST OLSEN ROAD THOUSAND OAKS CA 91360 952962604 EDUCATION CA 501(C)(3) LINE 2 N/A 0 CHARITABLE REMAINDER UNITRUSTS (14) 60 WEST OLSEN ROAD THOUSAND OAKS CA 91360 952962604 CHARITABLE TRUST CA N/A T 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1