2025-03-27T16:03:37-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 1301 INTERNATIONAL PARKWAY SUITE 200 FORT LAUDERDALE FL 33323 990 2023-07-01 330868418 THE CAMPANILE FOUNDATION CAMP 6195943254 5500 CAMPANILE DRIVE MC1968 SAN DIEGO CA 92182 TRAVIS CLANCY CHIEF FINANCIAL OFFICER 6195943254 2025-03-27 1 1 DANIEL ROMANO P00504182 9547689900 2023 2025-03-06 01:10:19Z TRAVIS CLANCY 5500 CAMPANILE DRIVE MC1968 SAN DIEGO CA 92182 190784358 0 X HTTP://TCF.SDSU.EDU X 1999 CA TO ENABLE INCREASED PRIVATE GIVING AND PHILANTHROPIC ASSET MANAGEMENT FOR THE UNIVERSITY. 28 25 0 34 0 0 37970247 39481006 24123026 18957601 -873450 2874348 184256 193988 61404079 61506943 32950601 49445301 0 0 0 0 0 0 3302784 19258095 14469282 52208696 63914583 9195383 -2407640 549205761 593662815 54299041 63771698 494906720 529891117 X TO PROVIDE SAN DIEGO STATE UNIVERSITY WITH THE COMMUNITY EXPERTISE, OVERSIGHT, AND ADVOCACY TO INCREASE PRIVATE GIVING AND TO MANAGE THE PHILANTHROPIC ASSETS OF THE UNIVERSITY. 0 0 20798764 20798764 488134 CAMPUS PROGRAMS ADMINISTERED BY THE UNIVERSITY: THE CAMPANILE FOUNDATION RECEIVED FUNDS IN SUPPORT OF ACADEMIC AND ATHLETIC ACTIVITIES ADMINISTERED BY SAN DIEGO STATE UNIVERSITY. THE AMOUNT OF FUNDS GRANTED TO THE UNIVERSITY FOR THIS PURPOSE DURING THE YEAR REPORTED ON THIS RETURN WAS $37,574,268. 14978947 4900980 7150560 SUPPORT FOR INDIVIDUAL COLLEGES: THE CAMPANILE FOUNDATION ADMINISTERS PROGRAMS THAT SUPPORT SUBSTANTILLAY ALL THE UNIVERSITY'S INDIVIDUAL COLLEGES. THE AMOUNT OF SUPPORT FOR EACH COLLEGE IS BASED ON THE WISHES OF INDIVIDUAL DONORS AND THE WISDOM OF THE UNIVERSITY'S ADMINISTRATION. THE AMOUNT OF SUPPORT TO THE COLLEGES DURING THE YEAR REPORTED ON THIS RETURN WAS $15,478,068. 17274625 16775504 11318907 SUPPORT OF ATHLETICS ACTIVITIES : THE CAMPANILE FOUNDATION REECEIVED NON-PHILANTHROPIC FUNDS GENERATED FROM MULTI-YEAR PREMIUM SUITE AND SEATING PURCHASES FOR FOOTBALL AND BASKETBALL GAMES, WHILE ASSISTING THE ATHLETICS DEPARTMENT IN MANAGING THESE SEAT REVENUES. THE TOTAL SUPPORT PROVIDED TO THE ATHLETICS DEPARTMENT DURING REPORTED YEAR AMOUNTED TO $17,274,625. 6970053 6970053 STUDENT SCHOLARSHIPS ADMINISTERED BY THE UNIVERSITY: THE CAMPANILE FOUNDATION RECEIVED FUNDS IN SUPPORT OF SCHOLARSHIPS. SCHOLARSHIP PAYMENTS ARE ADMINISTERED BY THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIP (OFAS). THE OFAS ADMINISTERS THE UNIVERSITY SCHOLARSHIP PROGRAMS IN ACCORDANCE WITH THE POLOCIES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM, SAN DIEGO STATE UNIVERSITY AND APPLICABLE FEDERAL LAW AND REGULATIONS, ALONG WITH RESTRICTIONS CONTAINED IN INDIVIDUAL DONOR AGREEMENTS. THE AMOUNT OF SCHOLARSHIPS AWARDED BY THE OF AS AND FUNDED BY THE CAMPANILE FOUNDATION WAS $6,970,053. 6970053 6970053 60022389 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 X 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 28 25 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X SUSAN KING 6195943254 5500 CAMPANILE DRIVE SAN DIEGO CA 921821968 ADELA DE LA TORRE SDSU PRESIDENT, DIRECTOR 4.00 36.00 X X 0 542455 184961 ADRIENNE VARGAS PRESIDENT & CEO 10.00 30.00 X X 0 344823 72836 CHRISTINE PROBETT DIRECTOR 0.50 10.00 X 0 29450 0 TERRY ATKINSON DIRECTOR 0.50 0.00 X 0 0 0 CHILOH BATY DIRECTOR 0.50 0.00 X 0 0 0 RICK BREGMAN DIRECTOR 0.50 0.00 X 0 0 0 ED BROWN DIRECTOR 0.50 0.00 X 0 0 0 JASON CAMPBELL DIRECTOR 0.50 0.00 X 0 0 0 DEANN CARY DIRECTOR 0.50 0.00 X 0 0 0 NIKKI CLAY DIRECTOR (THRU 12/2023) 2.00 0.00 X 0 0 0 MARY CURRAN DIRECTOR 0.50 0.00 X 0 0 0 JULIE DILLON DIRECTOR 0.50 0.00 X 0 0 0 STEVE DOYLE BOARD CHAIR 2.00 0.00 X 0 0 0 ALAN DULGEROFF DIRECTOR 0.50 0.00 X 0 0 0 DAISY GALEANA DIRECTOR (THRU 12/2023) 0.50 0.00 X 0 0 0 JOYCE GATTAS DIRECTOR 0.50 10.00 X 0 0 0 JEFF GLAZER DIRECTOR 0.50 0.00 X 0 0 0 DAN GROSS DIRECTOR 0.50 0.00 X 0 0 0 TODD HOLLANDER DIRECTOR (THRU 12/2023) 0.50 0.00 X 0 0 0 ZEYNEP ILGAZ DIRECTOR 0.50 0.00 X 0 0 0 JOSEPH JOHNSON DIRECTOR 0.50 0.00 X 0 0 0 KIM KILKENNY DIRECTOR 0.50 0.00 X 0 0 0 MAXINE KREITZER DIRECTOR (THRU 12/2023) 0.50 0.00 X 0 0 0 LIDIA MARTINEZ DIRECTOR 0.50 0.00 X 0 0 0 THOM MCELROY DIRECTOR (THRU 12/2023) 0.50 0.00 X 0 0 0 ALEXANDER MORA DIRECTOR 0.50 0.00 X 0 0 0 TAREK MORSY DIRECTOR 0.50 0.00 X 0 0 0 MIKE NEAL DIRECTOR 0.50 0.00 X 0 0 0 FRED PIERCE DIRECTOR (DECEASED 06/2024) 0.50 0.00 X 0 0 0 PATRICIA ROSCOE DIRECTOR 0.50 0.00 X 0 0 0 JESSICA SAROWITZ DIRECTOR 0.50 0.00 X 0 0 0 BOB SCARANO DIRECTOR (THRU 12/2023) 0.50 0.00 X 0 0 0 MICHAEL SCHWEITZER DIRECTOR 0.50 0.00 X 0 0 0 PETER SHAW DIRECTOR (DECEASED 06/2024) 0.50 0.00 X 0 0 0 CHRISTOPHER SICKELS DIRECTOR 0.50 0.00 X 0 0 0 JIM SINEGAL DIRECTOR (THRU 12/2023) 0.50 0.00 X 0 0 0 JOHN WILLS DIRECTOR 0.50 0.00 X 0 0 0 DAVID H FUHRIMAN CFO 20.00 20.00 X 0 180342 74457 ANITA NOTTINGHAM CORP SECRETARY 30.00 10.00 X 0 93756 56239 SETH MALLIOS FORMER DIRECTOR (SDSU EMP) 0.00 40.00 X 0 134846 65875 0 1325672 454368 0 1 1 0 TECHSTARS PARTNERS 2021 LLC 4845 PEARL EAST CIR STE 118 PMB BOULDER CO 99696 CONSULTING 2315000 MEKETA FIDUCIARY MANAGEMENT 5796 ARMADA DRIVE SUITE 110 CARLSBAD CA 92008 CONSULTING 320035 2 X 136625 39344381 2992552 39481006 PRIORITY SEATING REV. 900099 11318907 11318907 MANAGEMENT FEES 611710 5705937 5705937 STUDENT PROGRAM SUPPT 611710 488134 488134 1444623 1444623 18957601 2873451 2873451 193988 0 193988 193988 193988 129278312 129277415 897 897 897 61506943 18957601 0 3068336 49445301 49445301 28230 26666 1564 76250 76250 305983 305983 3325664 3079749 3272 242643 2825 2825 5743340 4168413 63162 1511765 445168 98508 22988 323672 152469 110328 6932 35209 1052067 678770 13582 359715 280546 147515 85632 47399 OTHER PROGRAM SUPPORT 1989008 1397813 10045 581150 TRUST DISTRIBUTIONS 866501 866501 0 0 REIMBURSED COMPENSATION 201231 0 0 201231 63914583 60022389 589410 3302784 9564829 7154240 45841835 44499780 2494131 2521582 0 0 0 0 0 0 213413494 234829630 266921733 294284134 0 0 0 34262 10969739 10339187 549205761 593662815 591676 304990 9549928 9853612 44157437 53613096 54299041 63771698 X 7946890 13154804 486959830 516736313 494906720 529891117 549205761 593662815 -2407640 37392037 0 X 0 1 X 1 0 X 57358020 62381184 62736286 37970247 39481006 259926743 57358020 62381184 62736286 37970247 39481006 259926743 9445430 250481313 1028479 719196 694467 2066127 3067439 7575708 267502451 24123026 0.93640 0.94580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 38848 1206242 1 1 48500 0 415703247 20373578 36975650 5066037 2712182 5713042 459561214 380895927 22430086 27961633 3982670 6484702 5117027 415703247 399709864 32990987 -31496131 4768933 10403444 5136416 380895927 330278508 49372859 52084935 4370766 22858721 4796951 399709864 308308377 15999156 17554213 3457934 4263627 3861677 330278508 0.25610 0.74390 0 0 0 0 0 0 0 52688390 F CREDIT 33841904 F INFLATION HEDGES 60639926 F RISK MITIGATION 132677328 F OTHER 14436586 F 294284134 DUE TO AFFILIATE - SDSURF 43298601 DUE TO UNIVERSITY 10314495 53613096 X 98898980 37392037 37392037 61506943 0 61506943 63914583 0 63914583 0 63914583 PART III, LINE 4: THE CAMPANILE FOUNDATION ACCEPTS VARIOUS HISTORICAL COLLECTIONS AND TREASURES AS DONATIONS IN-KIND ON BEHALF OF SAN DIEGO STATE UNIVERSITY (SDSU). ONCE ACCEPTED BY THE FOUNDATION, DONATIONS OF HISTORICAL TREASURES AND WORKS OF ART ARE TRANSFERRED TO THE CUSTODY OF SDSU PURSUANT TO DONOR STIPULATIONS AND/OR DUE TO THE VALUE OF THE ITEM IN FURTHERING THE UNIVERSITY'S EDUCATIONAL MISSION. PART V, LINE 4: THE CAMPANILE FOUNDATION'S ENDOWMENT FUNDS ARE DEDICATED FOR THE BENEFIT OF SAN DIEGO STATE UNIVERSITY. ENDOWMENTS GENERALLY SUPPORT PROGRAM EXCELLENCE, STUDENT SCHOLARSHIPS ADMINISTERED BY THE UNIVERSITY AND FACULTY EXCELLENCE. THE VAST MAJORITY OF THE CAMPANILE FOUNDATION'S ENDOWMENTS ARE DONOR RESTRICTED TO A SPECIFIC USE AT SAN DIEGO STATE UNIVERSITY. PART X, LINE 2: TCF IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. TCF 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. TCF HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. TCF HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT 43365452 0 0 0 0 0 0 43365452 0 43365452 1 0 1 0 0 0 1 SAN DIEGO STATE UNIVERSITY 5500 CAMPANILE DRIVE SAN DIEGO CA 92182 330373293 115 45521950 0 GENERAL SUPPORT SDSU RESEARCH FOUNDATION 5250 CAMPANILE DRIVE SAN DIEGO CA 92182 956042721 501(C)(3) 3903809 0 GENERAL SUPPORT CHRIST FOR HUMANITY INC PO DRAWER 580127 TULSA OK 74128 731421083 501(C)(3) 10000 0 GENERAL SUPPORT TEMECULA MOUNTAIN LIONS RUGBY CLUB 41955 4TH STREET SUITE 300 TEMECULA CA 92590 273652442 501(C)(3) 9542 0 GENERAL SUPPORT 4 0 PART I, LINE 2: THE CAMPANILE FOUNDATION RECEIVED FUNDS IN SUPPORT OF SAN DIEGO STATE UNIVERSITY'S MISSION INCLUDING THE SUPPORT OF INDIVIDUAL COLLEGES AND OTHER ACADEMIC AND ATHLETIC ACTIVITIES. SCHOLARSHIP FUNDS ARE FORWARDED TO THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIP (OFAS). OFAS ADMINISTERS THE UNIVERSITY SCHOLARSHIP PROGRAMS IN ACCORDANCE WITH THEPOLICIES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM, SAN DIEGO STATE UNIVERSITY, AND APPLICABLE FEDERAL LAW AND REGULATIONS, ALONG WITH THE RESTRICTIONS CONTAINED IN INDIVIDUAL DONOR AGREEMENTS. ADDITIONAL SUPPLEMENTAL INFORMATION: IN ADDITION TO THE SCHOLARSHIPS AND SUPPORT INCLUDED ABOVE, THE CAMPANILE FOUNDATION REIMBURSED THE UNIVERSITY FOR SALARIES AND EMPLOYEE BENEFITS. 0 0 0 0 0 0 0 0 0 ADELA DE LA TORRE SDSU PRESIDENT, DIRECTOR 0 527407 0 0 0 15048 0 170607 0 14354 0 727416 0 0 ADRIENNE VARGAS PRESIDENT & CEO 0 309468 0 26097 0 9258 0 46733 0 26103 0 417659 0 0 DAVID H FUHRIMAN CFO 0 180282 0 0 0 60 0 46733 0 27724 0 254799 0 0 SETH MALLIOS FORMER DIRECTOR (SDSU EMP) 0 134342 0 0 0 504 0 39788 0 26087 0 200721 0 0 SCH J, PART I, LINE 3 THE PRESIDENT AND CEO OF THE CAMPANILE FOUNDATION IS AN EMPLOYEE OF SAN DIEGO STATE UNIVERSITY. AS A STATE EMPLOYEE, HER COMPENSATION IS NEGOTIATED BY THE STATE. X 1 300 EXPERT OPINION X 6 195278 EXPERT OPINION X 661124 REPLACEMENT COST X 1 2321 FMV X 3 50941 EXPERT OPINION X 8 62075 SALE OF COMP. PROPERTY X EQUIPMENT 15 1835135 EXPERT OPINION X SOFTWARE 1 143465 SALE OF COMP. PROPER X EVENT MATERIALS 19 41923 SALE OF COMP. PROPER 5 0 1 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED FOR DETERMINING THE AMOUNT IN COLUMN (B). FORM 990, PART V, LINE 1A: FORMS 1096 FOR THE FILING ORGANIZATION ARE PROCESSED AND REPORTED BY ITS RELATED ORGANIZATION SDSU RESEARCH FOUNDATION (EIN: 95-6042721). FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF SAN DIEGO STATE UNIVERSITY AND THE VICE PRESIDENT FOR UNIVERSITY RELATIONS AND DEVELOPMENT ARE DESIGNATED BOARD MEMBERS WITH FULL VOTING RIGHTS. THE PRESIDENT OF THE UNIVERSITY MUST APPROVE NOMINEES TO THE BOARD OF DIRECTORS IN WRITING PRIOR TO THE BOARD OF DIRECTORS FINAL APPROVAL AND APPOINTMENT. FORM 990, PART VI, SECTION A, LINE 7B IN ACCORDANCE WITH THE CALIFORNIA CODE OF REGULATIONS SECTION 42402, THE UNIVERSITY PRESIDENT IS REQUIRED TO ASSURE THAT THE FOUNDATION ACTS IN CONFORMANCE WITH POLICIES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM AND THOSE OF SAN DIEGO STATE UNIVERSITY. IN THIS REGARD, THE PRESIDENT CAN DISCONTINUE ANY PROGRAM OR EXPENDITURE THAT HE OR SHE DETERMINES INCONSISTENT WITH THE AFOREMENTIONED POLICIES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS PROVIDED TO THE FOUNDATION'S AUDIT COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. AS PART OF THE REVIEW PROCESS, THE FOUNDATION'S CFO EXPLAINED ANY CHANGES TO THE FORM 990 AND ANSWERED ALL COMMITTEE MEMBERS' QUESTIONS. SUBSEQUENT TO THIS REVIEW, THE FINAL DRAFT WAS PROVIDED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND ANY QUESTIONS WERE ANSWERED BY THE FOUNDATION'S CFO. FORM 990, PART VI, SECTION B, LINE 12C THE CAMPANILE FOUNDATION ANNUALLY PROVIDES EACH BOARD MEMBER WITH A WRITTEN COPY OF THE FOUNDATIONS CONFLICT OF INTEREST POLICY. UPON RECEIPT, FOUNDATION DIRECTORS ARE ASKED TO REVIEW THE POLICY AND DISCLOSE POTENTIAL CONFLICTS IN WRITING. THE FOUNDATIONS SECRETARY THEN REVIEWS CONFLICT OF INTEREST STATEMENTS AND REPORTS ANY CONFLICT TO THE UNIVERSITY VICE PRESIDENT FOR BUSINESS AND FINANCIAL AFFAIRS, AND WORKS WITH BOARD OF DIRECTORS TO ENSURE NO ACTIONIS TAKEN BY THE BOARD IN A MANNER INCONSISTENT WITH EXISTING POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE CAMPANILE FOUNDATION'S 990 TAX RETURN IS AVAILABLE ON THE WEBSITE: HTTPS://TCF.EDU.FINANCIAL-INFO. IN ADDITION, AS A MATTER OF POLICY, THE FOUNDATION PROVIDES PAPER OR ELECTRONIC COPIES OF ALL DOCUMENTS INCLUDING THE 990 UPON REQUEST. FORM 990, PART VIII, LINE 1B: MEMBERSHIP DUES THE CAMPANILE FOUNDATION RECEIVED FUNDS IN SUPPORT OF ACADEMIC AND ATHLETIC ACTIVITIES ADMINISTERED BY SAN DIEGO STATE UNIVERSITY. AS PART OF THIS, THE CAMPANILE FOUNDATION IS THE RECIPIENT OF MEMBERSHIP AND CONTRIBUTIONS REVENUE ON BEHALF OF THE ALUMNI ASSOCIATION AND ATHLETICS DEPARTMENT. FORM 990, PART IX, LINE 24C: REIMBURSED SALARIES AND BENEFITS THE CAMPANILE FOUNDATION DOES NOT CURRENTLY HAVE ANY EMPLOYEES. HOWEVER, THE CAMPANILE FOUNDATION, THROUGH A CONTRACTUAL RELATIONSHIP WITH ITS RELATED ORGANIZATIONS, SAN DIEGO STATE UNIVERSITY AND SAN DIEGO STATE UNIVERSITY RESEARCH FOUNDATION, REIMBURSES CERTAIN ADMINISTRATIVE COSTS INCURRED ON BEHALF OF THE CAMPANILE FOUNDATION. SAN DIEGO STATE UNIVERSITY 5500 CAMPANILE DRIVE SAN DIEGO CA 92182 330373293 PUBLICUNIVERSITY CA 115 N/A 0 CHARITABLE REMAINDER TRUSTS 5500 CAMPANILE DR SAN DIEGO CA 921821968 CHARITABLE TRUSTS CA N/A T 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 SAN DIEGO STATE UNIVERSITY B 34314987 FMV SAN DIEGO STATE UNIVERSITY P 977629 FMV