2025-05-09T18:49:10-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2001 16TH STREET SUITE 1700 DENVER CO 80202 990 2023-07-01 452163910 CSULB 49ER FOUNDATION CSUL 5629855778 1250 BELLFLOWER BLVD BH-370 LONG BEACH CA 90840 SCOTT APEL CFO & TREASURER 5629855778 2025-05-08 1 1 SARAH HINTZ P00492291 3037795710 2025-05-08 2023 2025-03-06 01:10:19Z X SCOTT APEL 1250 BELLFLOWER BLVD BH-370 LONG BEACH CA 90840 79474215 0 X WWW.CSULB.EDU/49ER-FOUNDATION X 2010 CA TO ACTIVELY PROMOTE PHILANTHROPY AND MANAGE DONATED RESOURCES FOR THE ADVANCEMENT OF CSULB. 22 17 0 17 0 0 15815990 20264232 0 788068 7095243 3538800 687137 179515 23598370 24770615 4236718 4965908 0 0 2932059 3518345 0 0 1680970 11346045 9136345 18514822 17620598 5083548 7150017 165565983 190518025 3080589 3197741 162485394 187320284 X THE CSULB 49ER FOUNDATION SEEKS, SECURES AND MANAGES PRIVATE SUPPORT FOR CALIFORNIA STATE UNIVERSITY, LONG BEACH. AS THE PHILANTHROPIC FOUNDATION FOR THE UNIVERSITY, ALL DONATIONS IN SUPPORT OF OUR [SEE SCHEDULE O FOR FULL MISSION] STUDENTS, FACULTY, PROGRAMS, AND COLLEGES ARE PROCESSED THROUGH THE FOUNDATION AND MADE AVAILABLE FOR THE PURPOSES OUR DONORS SPECIFY. THESE FUNDS ARE USED TO SUPPORT CSULB STUDENT SCHOLARSHIPS, CLASSROOM EXPERIENCES, FACULTY AND PROGRAMS AS WELL AS FACILITY ENHANCEMENTS. THE FOUNDATION WILL CONTINUE TO SEEK FUNDS TO SUPPORT CSULB STUDENT SCHOLARSHIPS AND PROGRAMMATIC FUNDS, AS WELL AS COMPLETE CAPITAL PROJECTS LIKE THE ALUMNI AND VISITORS CENTER AND OTHER HIGH PRIORITY PROJECTS IN THE YEAR AHEAD. 0 0 7299283 0 814568 TO PROVIDE FINANCIAL SUPPORT TO THE FACULTY AND PROGRAMS OF THE UNIVERSITY:SPENDING OCCURRED IN THE FOLLOWING AREAS:-SUPPORT FOR ACADEMIC DEPARTMENTS, CHAIRS, AND PROGRAMS -$4,778,869-SUPPORT FOR STUDENT PROGRAMS AND DEPARTMENTAL ACTIVITIES -$2,142,213-SUPPORT FOR COMMUNITY SERVICE ACTIVITIES -$324,903-SUPPORT FOR OTHER INSTITUTIONAL ACTIVITIES - $53,298 4965908 4965908 0 TO PROVIDE FINANCIAL SUPPORT TO STUDENTS IN THE FORM OF SCHOLARSHIPS. DURING THE REPORTING PERIOD, A TOTAL OF 2,107 STUDENTS RECEIVED SCHOLARSHIPS. 965729 0 0 TO SUPPORT CAMPUS CAPITAL PROJECTS AND BUILDING MAINTENANCE FOR THE HORN CENTER, DONATO CENTER, AND CENTER FOR STUDENT SUCCESS IMPROVEMENT. 13230920 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 17 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X SCOTT APEL 5629855778 1250 BELLFLOWER BLVD BH-370 LONG BEACH CA 90840 X JANE CLOSE CONOLEY DIRECTOR (CSULB PRESIDENT) 1.00 40.00 X X 0 479472 133010 SCOTT APEL TREASURER/CFO (CSULB VP ADMIN) 1.00 40.00 X X 0 273890 127053 DAN MONTOYA CEO (CSULB VP UNIV. RELATIONS) 1.00 40.00 X X 0 275666 109711 KEVIN CROWE COO (CSULB AVP DEVELOPMENT) 1.00 40.00 X X 0 208026 96812 CHRISTOPHER REESE SECRETARY (CSULB AVP UNIV) 1.00 40.00 X X 0 198951 102575 JIM NORMANDIN CHAIR, DEVELOPMENT 1.00 0.00 X X 0 0 0 GARY VAN ARNAM BOARD CHAIR 1.00 0.00 X X 0 0 0 KATHLEEN HANSEN CHAIR, FINANCE AND INVESTMENT 1.00 0.00 X X 0 0 0 MARILYN BOHL DIRECTOR 1.00 0.00 X 0 0 0 PATRICK GOGGIN CHAIR, AUDIT 1.00 0.00 X 0 0 0 WILLAM HANSEN DIRECTOR 1.00 0.00 X 0 0 0 SAID S HILAL DIRECTOR 1.00 0.00 X 0 0 0 ANNETTE KASHIWABARA DIRECTOR 1.00 0.00 X 0 0 0 KEN MILLER DIRECTOR 1.00 0.00 X 0 0 0 ROBERT SCHACK DIRECTOR 1.00 0.00 X 0 0 0 ROBERT SUMMERS DIRECTOR 1.00 0.00 X 0 0 0 DONNY LOPICCOLO DIRECTOR 1.00 0.00 X 0 0 0 LEA GERBER DIRECTOR 1.00 0.00 X 0 0 0 L NELSON FARRIS DIRECTOR 1.00 0.00 X 0 0 0 THOMAS PHELPS IV DIRECTOR 1.00 0.00 X 0 0 0 DIANA BOURCIER DIRECTOR 1.00 0.00 X 0 0 0 MICHELLE HIGLEY DIRECTOR 1.00 0.00 X 0 0 0 0 1436005 569161 0 0 1 0 MITCHELL SILBERBERG & KNUPP LLP 2049 CENTURY PARK E LOS ANGELES CA 90067 LEGAL SERVICES 1342669 1 262918 20001314 623489 20264232 ADMINISTRATIVE FEE REV 561000 657450 657450 ATHLETICS REVENUE 611620 130618 130618 788068 3563393 3563393 20000 20000 26500 0 26500 26500 26500 54492677 54517270 -24593 -24593 -24593 319345 262918 186330 133015 133015 24770615 814568 0 3691815 4965908 4965908 2711439 2549425 162014 150380 132515 17865 656526 571717 84809 4638 4638 1280656 1280656 40649 40649 478953 478953 812596 446809 365787 154253 154253 944307 835150 107240 1917 359714 268063 91651 314749 314749 683004 683004 51218 31150 20068 40699 40699 FUNDRAISING EXPENSE 1656670 1656670 CAMPUS CAPTIAL PROJECTS 965728 965728 HOSPITALITY 707846 685463 22383 OTHER EXPENSES 336115 322436 13679 304550 304550 17620598 13230920 2708708 1680970 3757412 3031292 5637885 5633121 77080 114495 252495 34890 125890706 151126560 29950405 30577667 165565983 190518025 129220 123260 17084 15436 2934285 3059045 3080589 3197741 X 15784172 20324830 146701222 166995454 162485394 187320284 165565983 190518025 7150017 17684873 0 X X 0 1 X 1 0 X 21607570 14889381 28720286 15807557 20264232 101289026 21607570 14889381 28720286 15807557 20264232 101289026 23306213 77982813 3240184 2684889 2941194 3061534 3608393 15536194 116825220 6084114 0.66750 0.68550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115393604 8128394 14024117 2538590 1614538 537976 132855011 108177617 4174331 8494384 4203791 593720 655217 115393604 109666865 16906805 -14354367 1726429 1733383 581874 108177617 85609002 5703499 22299091 1839898 1678334 426495 109666865 79351657 7993229 2293628 1982785 1300693 746034 85609002 0.02290 0.92030 0.05680 0 0 0 INVESTMENTS-OTHER SECURITIES 30577667 C 30577667 DUE TO CSULB OR CSULB RESEARCH FOUNDATION 3059045 3059045 42162865 17684873 186330 17871203 24291662 478953 478953 24770615 17327975 186330 186330 17141645 478953 478953 17620598 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUDRAISING EXPENSES FROM FUNCTIONAL EXPENSES 186,330. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUDRAISING EXPENSES TO STATEMENT OF ACTIVITES 186,330. NORTH AMERICA 0 0 FUNDRAISING N/A NORTH AMERICA 0 0 PROGRAM SERVICES TRAVEL EXPENSES 293326 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING N/A CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 22832341 0 0 0 0 0 0 23125667 0 23125667 1 0 0 0 0 0 PART I, LINE 3, COLUMN F: THE ORGANIZATION USED THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR EXPENDITURES IN PART I, LINE 3, COLUMN (F) NELL AND JOHN WOODEN ETHICS AWARD 240317 119025 121292 10000 86 9627 28934 1572 5955 4TH ANNUAL CSULB BLACK SCHOLARSHIP 162191 64305 97886 13824 10915 15000 13657 6 179755 79588 100167 23732 39956 895 12177 582263 262918 319345 10000 86 47183 79805 17467 31789 186330 133015 1 CALIFORNIA STATE UNIVERSITY LONG BEACH 1250 BELLFLOWER BLVD LONG BEACH CA 90812 931150363 STATE OF CALIFORNIA 4965908 0 N/A N/A TO SUPPORT SCHOLARSHIPS AND OTHER CHARITABLE ACTIVITIES PROVIDED BY PUBLIC UNIVERSITY CSULB. PART I, LINE 2: FUNDS AWARDED ARE ALLOCATED TO CALIFORNIA STATE UNIVERSITY LONG BEACH, WHICH SUBSEQUENTLY DISTRIBUTES THEM TO THE STUDENTS WHO HAVE BEEN GRANTED THESE AWARDS. SINCE THE FUNDS ARE DIRECTLY AWARDED TO THE UNIVERSITY, ADDITIONAL MONITORING OF THESE FUNDS IS UNNECESSARY. THE UNIVERSITY ENSURES THAT THE FUNDS ARE MANAGED AND DISTRIBUTED IN ACCORDANCE WITH ESTABLISHED GUIDELINES AND PROCEDURES, THEREBY MAINTAINING THE INTEGRITY AND PURPOSE OF THE AWARDS. 0 0 0 0 0 0 0 0 0 JANE CLOSE CONOLEY DIRECTOR (CSULB PRESIDENT) 0 474528 0 0 0 4944 0 105600 0 27410 0 612482 0 0 SCOTT APEL TREASURER/CFO (CSULB VP ADMIN) 0 273632 0 0 0 258 0 91000 0 36053 0 400943 0 0 DAN MONTOYA CEO (CSULB VP UNIV. RELATIONS) 0 275576 0 0 0 90 0 88001 0 21710 0 385377 0 0 KEVIN CROWE COO (CSULB AVP DEVELOPMENT) 0 207936 0 0 0 90 0 67012 0 29800 0 304838 0 0 CHRISTOPHER REESE SECRETARY (CSULB AVP UNIV) 0 198891 0 0 0 60 0 66522 0 36053 0 301526 0 0 X 20 623489 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED FOR SCHEDULE M IS THE NUMBER OF CONTRIBUTIONS RECEIVED FOR THE FILING PERIOD. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD SHALL CREATE THE STANDING COMMITTEES PROVIDED IN THIS ARTICLE, AND MAY APPOINT ONE OR MORE OTHER STANDING OR SPECIAL COMMITTEES, EACH CONSISTING OF TWO OR MORE VOTING DIRECTORS, AND DELEGATE TO SUCH COMMITTEES ANY OF THE AUTHORITY OF THE BOARD EXCEPT WITH RESPECT TO: A. THE FILLING OF VACANCIES ON THE BOARD OR ON ANY COMMITTEE; B. THE AMENDMENT OR REPEAL OF BYLAWS OR THE ADOPTION OF ANY NEW BYLAWS; C. THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; D. THE APPOINTMENT OF OTHER COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF; OR E. THE VALIDATION OF ANY SELF-DEALING TRANSACTION, AS SUCH TRANSACTIONS ARE DEFINED IN SECTION 5233(A) OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW, CONSISTENT WITH CALIFORNIA EDUCATION CODE SECTIONS 89906, 89907 AND 89908. WHEN IT IS NOT CONVENIENT FOR THE BOARD OF DIRECTORS TO ACT BY SPECIAL MEETING, THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE CORPORATION, EXCEPT THE POWER AND AUTHORITY TO ADOPT, AMEND OR REPEAL THESE BYLAWS, OR SUCH OTHER POWERS AS MAY BE PROHIBITED BY LAW, BY THE ARTICLES OF INCORPORATION OR BY THESE BYLAWS. THE EXECUTIVE COMMITTEE SHALL HAVE SUCH ADDITIONAL POWERS AS THE BOARD OF DIRECTORS SHALL FROM TIME TO TIME PRESCRIBE OR DIRECT BY RESOLUTION; PROVIDED, HOWEVER, THE EXECUTIVE COMMITTEE MAY NOT AUTHORIZE A ROUTINE EXPENDITURE OF MORE THAN $75,000 WITHOUT THE PRIOR APPROVAL OF THE BOARD OF DIRECTORS. EMERGENCY EXPENDITURES IN EXCESS OF THIS AMOUNT MAY BE AUTHORIZED BY THE EXECUTIVE COMMITTEE, BUT WITH NOTIFICATION TO THE BOARD AS SOON IS REASONABLE FOLLOWING THE APPROVAL. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION OF THE CORPORATION MAY BE AMENDED ONLY BY RESOLUTION OF THE BOARD OF DIRECTORS ADOPTED BY THE MAJORITY VOTE OF THE VOTING MEMBERS OF THE BOARD OF DIRECTORS WITH THE WRITTEN CONSENT OF THE PRESIDENT OF CSULB. ADDITIONALLY, EX-OFFICIO DIRECTORS HOLDING UNIVERSITY POSITIONS MAY BE REMOVED ONLY BY ACTION OF THE UNIVERSITY PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, THE FORM 990 IS REVIEWED BY THE UNIVERSITY CONTROLLER AND REVISIONS ARE SUGGESTED TO THE PUBLIC ACCOUNTING FIRM. A REVISED DRAFT OF THE RETURN IS PRESENTED AND PROVIDED TO THE BOARD MEMBERS AT THE FIRST FORMAL BOARD MEETING FOLLOWING THE COMPLETION OF THE RETURN. THE FORM 990 IS REVIEWED AND APPROVED PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTERESTS POLICY FOR DIRECTORS, OFFICERS, EMPLOYEES, VOLUNTEERS OR DESIGNATED AGENTS OR OTHER REPRESENTATIVES. EACH COVERED PERSON SHALL INITIALLY AND ANNUALLY THEREAFTER RECEIVE, REVIEW, COMPLETE, SIGN, AND RETURN A RELATED PARTY QUESTIONNAIRE AND CONFLICT OF INTEREST CERTIFICATION. THE ORGANIZATION ENCOURAGES THE PROMPT DISCLOSURE OF ANY SUCH CONFLICT, REAL OR PERCEIVED, TO THE CEO FOR REVIEW AND DETERMINATION. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. IN THE CASE OF THE CEO, DISCLOSURE SHALL BE MADE TO THE BOARD CHAIR FOR REVIEW AND DETERMINATION CONSISTENT WITH THIS POLICY STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE POSTED TO THE ORGANIZATION'S WEBSITE. FORM 990, PART VII, SECTION A, COLUMN E-F WHILE THE CALIFORNIA STATE UNIVERSITY, LONG BEACH ("UNIVERSITY") AND THE CALIFORNIA STATE UNIVERSITY, LONG BEACH 49ERS FOUNDATION ("FOUNDATION") DO NOT MEET THE DEFINITION OF CONTROLLED ENTITIES AS OUTLINED IN THE IRS INSTRUCTIONS PER SCHEDULE R, AND BY EXTENSION DO NOT MEET THE DEFINITION OF RELATED ENTITIES, THE UNIVERSITY AND FOUNDATION FELT THE PRESENTATION OF COMPENSATION FOR UNIVERSITY BOARD MEMBERS WOULD BE MORE ACCURATELY PRESENTED IN PART VII, SECTION A, COLUMNS E-F, AS COMPARED TO THE IRS INSTRUCTIONS TO LIST UNIVERSITY COMPENSATION FROM AN UNRELATED ORGANIZATION IN PART VII, SECTION A, COLUMNS D. ALL COMPENSATION IS PAID FOR BY THE UNIVERSITY AND THE FOUNDATION DOES NOT PROVIDE COMPENSATION FOR ANY UNIVERSITY MANAGEMENT, FACULTY OR STAFF. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.