2025-05-14T17:00:32-05:00 2024-06-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2023-07-01 941156617 PRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE PRES 4085544398 500 EL CAMINO REAL SANTA CLARA CA 95053 RAMONA SAUTER AVP FOR FINANCE 4085544398 2025-05-15 1 0 TRACY S PAGLIA P00366884 2099556100 2025-05-07 2023 2025-03-06 01:10:19Z SANTA CLARA UNIVERSITY JULIE SULLIVAN 500 EL CAMINO REAL SANTA CLARA CA 95053 851636851 0 X WWW.SCU.EDU X 1851 CA SCU IS A CATHOLIC AND JESUIT INSTITUTION THAT MAKES STUDENT LEARNING ITS CENTRAL FOCUS, PROMOTES FACULTY AND STAFF LEARNING IN ITS VARIOUS FORMS, AND EXHIBITS ORGANIZATIONAL LEARNING. 39 38 5392 2569 1306951 653650 61654837 71582111 526840284 557968945 34934290 51718924 -1412148 -1579406 622017263 679690574 127264480 139019707 0 0 284466960 311344664 0 0 18329438 192317663 199442409 604049103 649806780 17968160 29883794 2898674493 2995576494 604005988 602927008 2294668505 2392649486 X SEE SCHEDULE O 0 0 565122046 139019707 557968945 SANTA CLARA UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION OFFERING DEGREES AT THE UNDERGRADUATE AND GRADUATE LEVEL AND LAW DEGREES. THE UNIVERSITY CONSISTS OF THE COLLEGE OF ARTS AND SCIENCES, THE SCHOOL OF ENGINEERING, THE LEAVEY SCHOOL OF BUSINESS, THE SCHOOL OF EDUCATION AND COUNSELING PSYCHOLOGY, THE SCHOOL OF LAW, AND THE JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA UNIVERSITY. CURRENT ENROLLMENT IS 9,326 STUDENTS CONSISTING OF 6,249 UNDERGRADUATE, 2,402 GRADUATE AND 675 LAW STUDENTS. IN FISCAL YEAR 2023-2024, THE UNIVERSITY AWARDED 2,972 DEGREES AT ALL ACADEMIC LEVELS. 565122046 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 11859 0 1 5392 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 39 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X RAMONA SAUTER 4085542757 500 EL CAMINO REAL SANTA CLARA CA 95053 JULIE SULLIVAN PRESIDENT 40.00 3.00 X X 1149814 0 22063 HERBERT SENDEK HEAD COACH, MEN'S BASKETBALL 40.00 0.00 X 857105 0 110669 JOHN KERRIGAN CHIEF INVESTMENT OFFICER 40.00 0.00 X 781357 0 54692 JAMES LYONS VP FOR UNIVERSITY RELATIONS 40.00 0.00 X 650531 0 54309 RENEE BAUMGARTNER EXECUTIVE DIRECTOR, ATHLETICS 40.00 0.00 X 590662 0 67845 MICHAEL KAUFMAN DEAN, SCHOOL OF LAW 40.00 0.00 X 516989 0 39366 LAWRENCE LOKMAN VP OF MARKETING & COMMUNICATIONS 40.00 0.00 X 488880 0 64075 LISA KLOPPENBERG PROFESSOR 40.00 0.00 X 435394 0 63157 ED GRIER DEAN, SCHOOL OF BUSINESS 40.00 0.00 X 449762 0 38870 JOHN OTTOBONI - FORMER SR COUNSEL & SPECIAL ADVSR (THRU 06/23) 40.00 3.00 X 430263 0 45079 MOLLY MCDONALD CHIEF OF STAFF 40.00 0.00 X 368691 0 75948 ED RYAN - ACTING PROVOST VICE PROVOST FOR PLANNING & INST. 40.00 0.00 X 357768 0 23026 EVANGELINA BLANCO VP FOR ENROLLMENT MANAGEMENT 40.00 0.00 X 332922 0 45952 DANIEL PRESS DEAN, COLLEGE OF ARTS AND SCIENCES 40.00 0.00 X 324118 0 31065 KATE MORRIS - ACTING PROVOST & VICE PROVOST FOR ACADEMIC AFFAIRS 40.00 0.00 X 303863 0 50441 KELLY CAPEN DOUGLAS GENERAL COUNSEL 40.00 3.00 X 305142 0 31485 WILSON GARONE - ASST TREAS VP FINANCE & ADMIN 40.00 0.00 X 305467 0 28654 MICHAEL CROWLEY - ASST TREAS VP FINANCE & ADMIN (THRU 12/23) 40.00 0.00 X 247217 0 61832 RAMONA SAUTER ASST. TREASURER, AVP FOR FINANCE 40.00 0.00 X 247341 0 29817 LARRY W SONSINI CHAIR 2.00 0.00 X X 0 0 0 MATTHEW MATT E CARNES SJ VICE CHAIR (THRU 06/24) 2.00 0.00 X X 0 0 0 MOLLY JOSEPH VICE CHAIR 2.00 0.00 X X 0 0 0 KRISTI M BOWERS SECRETARY (THRU 06/24) 2.00 0.00 X X 0 0 0 STEVEN STEVE J SORDELLO TREASURER 5.00 0.00 X X 0 0 0 LUIS ARRIAGA VALENZUELA SJ TRUSTEE 2.00 0.00 X 0 0 0 MARGARET PEGGY M BRADSHAW TRUSTEE 2.00 0.00 X 0 0 0 LUIS CALERO SJ TRUSTEE 2.00 3.00 X 0 0 0 WILLIAM BILL S CARTER TRUSTEE 2.00 0.00 X 0 0 0 LOUIS LOU M CASTRUCCIO TRUSTEE 2.00 0.00 X 0 0 0 HOWARD S CHARNEY TRUSTEE 2.00 0.00 X 0 0 0 KATHRYN KATHY CHOU TRUSTEE 2.00 0.00 X 0 0 0 GERALD JERRY T COBB SJ TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM DUFFY TRUSTEE 2.00 0.00 X 0 0 0 KATHLEEN DUNCAN TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN A FINN TRUSTEE 2.00 0.00 X 0 0 0 REBECCA M GUERRA TRUSTEE (THRU 06/24) 2.00 0.00 X 0 0 0 TIMOTHY TIM HALEY TRUSTEE 2.00 0.00 X 0 0 0 RICHARD RICH D HAUGHEY TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM BILL P LEAHY SJ TRUSTEE 2.00 0.00 X 0 0 0 HEIDI LE BARON LEUPP TRUSTEE 2.00 0.00 X 0 0 0 ROBERT LLOYD TRUSTEE 2.00 0.00 X 0 0 0 JOSEPH M MCSHANE SJ TRUSTEE 2.00 0.00 X 0 0 0 JEFFREY JEFF A MILLER TRUSTEE 2.00 0.00 X 0 0 0 KAPIL K NANDA TRUSTEE 2.00 0.00 X 0 0 0 RISE JONES PINCHON TRUSTEE 2.00 0.00 X 0 0 0 GISEL RUIZ TRUSTEE (THRU 11/23) 2.00 0.00 X 0 0 0 SAHIL SAGAR TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN C SCHOTT TRUSTEE 0.50 0.00 X 0 0 0 DEBORA DEB SHOQUIST TRUSTEE (AS OF 10/23) 2.00 0.00 X 0 0 0 ROBERT H SMITH TRUSTEE 2.00 0.00 X 0 0 0 TIMOTHY TIM SMITH TRUSTEE 2.00 0.00 X 0 0 0 JOHN A SOBRATO TRUSTEE (AS OF 06/24) 2.00 0.00 X 0 0 0 MARY STEVENS TRUSTEE 2.00 0.00 X 0 0 0 JOHN TORREY TRUSTEE (AS OF 10/23) 2.00 0.00 X 0 0 0 JOHN P UNDERWOOD TRUSTEE (AS OF 10/23) 2.00 0.00 X 0 0 0 SUSAN VALERIOTE TRUSTEE 2.00 0.00 X 0 0 0 GREGORY GREG VAUGHAN TRUSTEE 2.00 0.00 X 0 0 0 PAUL VU SJ TRUSTEE 2.00 0.00 X 0 0 0 AGNIESZKA WINKLER TRUSTEE 6.00 6.00 X 0 0 0 9143286 0 938345 779 1 1 0 BON APPETIT - SANTA CLARA 201 REDWOOD SHORES PKWY ST 100 REDWOOD SHORES CA 94065 DINING SERVICES 19771252 EVERSPRING INC 123 N WACKER DRIVE CHICAGO IL 60606 DIGITAL EDUCATIONAL SERVICES 6616964 ABLE BUILDING MAINTENANCE CO PO BOX 884651 LOS ANGELES CA 90088 FACILITIES MAINTENANCE 3691076 MAI CONSTRUCTION INC 50 BONAVENTURA DRIVE SAN JOSE CA 95134 CONSTRUCTION 3464513 BAY AREA BUILDERS INC 3360 DE LA CRUZ BLVD SANTA CLARA CA 95054 CONSTRUCTION 2491106 152 13239 2506369 2294100 2024597 64743806 9679462 71582111 TUITION FEES 525990 475206711 475206711 AUXILIARY ACTIVITIES 611710 54747717 54747717 FED GRANTS & CONTRACTS 900099 15517620 15517620 PROGRAM FEES 611710 7203154 7203154 PROGRAM SALES INCOME 611710 4339470 4339470 954273 954273 557968945 26063679 76415 25987264 194758396 168877465 225686 25880931 -225686 25655245 276263 25378982 1263720 2506369 2843126 -1579406 -1579406 679690574 557014672 1306951 49786840 179657 179657 138840050 138840050 7039927 1314194 4986986 738747 319873 319873 228562698 195427350 22548713 10586635 19098434 15988513 2190974 918947 40531045 33634154 5323814 1573077 15792687 13320941 1705427 766319 1322998 289703 1033295 399402 399402 5203 5203 4801017 4801017 34749248 30211953 3199083 1338212 1675553 1391043 216272 68238 22533338 19314370 2677223 541745 11178103 10013540 1158287 6276 9124872 8504272 308468 312132 14244592 8586863 4713290 944439 15264577 14701636 562941 52762326 49801223 2957452 3651 11932696 7251170 4662068 19458 IT SOFTWARE & MAINTENAN 6777244 4169573 2471720 135951 LIBRARY ACQUISITIONS 4665481 4665481 DUES AND MEMBERSHIPS 1062546 650666 323039 88841 INDIRECT COSTS SPONSORE 967306 965745 1561 5975907 5580076 109061 286770 649806780 565122046 66355296 18329438 57039091 59830655 118738237 142796675 51533817 55529830 8385591 14041440 905928 761405 860274 862914 1719706223 637006525 1092916138 1082699698 520691724 551935286 1011002482 1055885332 1700253 1700253 34900958 29533006 2898674493 2995576494 58550225 67146880 28624779 24262935 313112902 297181455 203718082 214335738 604005988 602927008 X 1022628592 1045186420 1272039913 1347463066 2294668505 2392649486 2898674493 2995576494 X 29883794 67447000 1275 648912 X 0 1 X 1 1 1 X 72127297 83963387 108513141 61654837 71582111 397840773 72127297 83963387 108513141 61654837 71582111 397840773 44785105 353055668 18207988 15618209 14040250 20785261 26063679 94715387 0 0 5566205 6956696 0 12522901 505079061 2440324786 0.69900 0.71330 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 5203 5203 0 PART II-B, LINE 1: SCU PAYS ANNUAL DUES TO MEMBERSHIP ORGANIZATIONS; A PORTION OF THE ANNUAL DUES ARE USED BY THE ORGANIZATIONS FOR LOBBYING ACTIVITIES. X X X 0 1424838443 28103797 111775494 21991662 30459768 12157000 1500109304 1417914424 33772541 26813826 19659993 26551355 7451000 1424838443 1480709489 46798394 -60558975 17124047 23637437 8273000 1417914424 995887403 13116787 518220847 16268598 22275950 7971000 1480709489 982121122 12515306 44830126 14172070 23063081 6344000 995887403 0.16320 0.28750 0.54930 1 0 30412979 89507792 119920771 10843030 1217594618 421411201 807026447 123701587 77001631 46699956 189056256 135206593 53849663 58589961 3387100 55202861 1082699698 VENTURE CAPITAL & PRIVATE EQUITY 482386823 F OTHER ALTERNATIVE INVESTMENTS 64078240 F HEDGE FUNDS 505952623 F NOTES RECEIVABLE 3467646 F 1055885332 AMOUNTS HELD ON BEHALF OF OTHERS 156440120 ANNUITY OBLIGATIONS 11373022 REFUNDABLE ADVANCES - US GOVERNMENT 1178810 ASSET RETIREMENT OBLIGATION 3545584 OBLIGATIONS UNDER CAPITALIZED LEASE 41798202 214335738 607757806 67447000 1275 10695385 78143660 529614146 150076428 150076428 679690574 507622093 7799963 7799963 499822130 149984650 149984650 649806780 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. THE COLLECTIONS, WHICH HAVE BEEN ACQUIRED THROUGH CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION. PART III, LINE 4: THE UNIVERSITY MAINTAINS THE DE SAISSET MUSEUM FOR STUDENTS WHICH IS ALSO OPEN TO THE PUBLIC. THE DE SAISSET MUSEUM SUPPORTS SANTA CLARA UNIVERSITY'S GOAL OF EDUCATING THE WHOLE PERSON THROUGH A DIVERSE AND ACCESSIBLE RANGE OF EXHIBITIONS, COLLECTIONS, AND EDUCATIONAL PROGRAMS THAT HIGHLIGHT THE ART AND HISTORY OF THE SAN FRANCISCO BAY AREA AND THE LOCAL SANTA CLARA VALLEY. PART V, LINE 4: ENDOWED GIFTS ARE MEANT TO EXIST IN PERPETUITY, AND ARE INVESTED FOR LONG-TERM GROWTH. EACH YEAR, A PORTION OF THE FUND'S EARNINGS IS MADE AVAILABLE IN THE FORM OF AN ALLOCATION TO SUPPORT STUDENT SCHOLARSHIPS, FACULTY CHAIRS, AND OTHER ENDOWED PROGRAMS THAT FURTHER THE UNIVERSITY'S STRATEGIC PRIORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: JESUIT SCHOOL OF THEOLOGY REVENUE & INVESTMENT REALIZED GAINS 6,774,274. BRONCO BENCH FUND REVENUE 337,294. SPECIAL EVENT EXPENSE 2,843,126. ACTUARIAL CHANGES TO SPLIT INTEREST AGREEMENTS 740,691. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 3,911,263. STUDENT FINANCIAL AID 137,310,108. LOSS ON UNCOLLECTIBLE PLEDGES 91,779. ALLOWANCE FOR DOUBTFUL ACCOUNTS (PLEDGES)/OTHER ADJUSTMENTS 695,405. LOAN FUND EXPENSE 610,673. ANNUITY FUND EXPENSE 4,061,040. OTHER INVESTMENT FUND RELATED TO SALARIES AND WAGES 2,044,635. OTHER MANAGEMENT FEES 1,128,539. ENDOWMENT ASSOCIATED EXPENSES 222,986. PART XII, LINE 2D - OTHER ADJUSTMENTS: JESUIT SCHOOL OF THEOLOGY EXPENSES 4,798,370. BRONCO BENCH FUND STUDENT SERVICES EXPENSES 158,467. SPECIAL EVENT EXPENSE 2,843,126. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 3,911,263. STUDENT FINANCIAL AID 137,310,108. ALLOWANCE FOR DOUBTFUL ACCOUNTS (PLEDGES)/OTHER ADJUSTMENTS 695,406. LOAN FUND EXPENSE 610,673. ANNUITY FUND EXPENSE 4,061,040. OTHER INVESTMENT FUND RELATED TO SALARIES AND WAGES 2,044,635. OTHER MANAGEMENT FEES 1,128,539. ENDOWMENT ASSOCIATED EXPENSES 222,986. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY MEETS THE CRITERIA UNDER SUBSECTION 4.03.2(B) OF REVENUE PROCEDURE 1975-50. SCHEDULE E, PART I, LINE 6 FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES CONSISTS OF STUDENT FINANCIAL AID RECEIVED FROM SUCH AGENCIES. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 1440 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 438755 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 5523169 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 62225 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD 12440 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 2020 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 349557825 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 27856319 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 18692705 0 0 0 0 0 0 383454193 18692705 402146898 1 0 1 1 1 0 GOLDEN CIRCLE 2895770 2421630 474140 297443 412582 1496714 75793 KASNER SYMPOSIUM 286701 286701 75738 104252 57263 8 587618 84739 502879 10386 54790 142742 18290 97133 3770089 2506369 1263720 10386 427971 659576 1515004 230189 2843126 -1579406 1 CITY OF SANTA CLARA 1500 WARBURTON AVENUE SANTA CLARA CA 95050 946000426 GOVERNMENT 75000 0 DONATION FOR COMMUNITY SUPPORT ST CLARE PARISH 725 WASHINGTON STREET SANTA CLARA CA 95050 942734503 501(C)(3) 10951 0 DONATION FOR COMMUNITY SUPPORT HOOVER INSTITUTION 434 GALVEZ MALL STANFORD CA 94305 941156365 501(C)(3) 10000 0 DONATION FOR COMMUNITY SUPPORT RYAN GORDY FOUNDATION 371 NORTH ROBERTSON BOULEVARD SUITE 108 BEVERLY HILLS CA 90211 822530868 501(C)(3) 8333 0 DONATION FOR COMMUNITY SUPPORT 4 0 FINANCIAL AID AND SCHOLARSHIPS 6036 137310109 BOOK NA SCHOLARSHIPS & FELLOWSHIPS (FEDERAL WORK STUDY) 645 1240706 BOOK NA OTHER GRANTS TO STUDENTS 60 289235 BOOK NA PART I, LINE 2: THE UNIVERSITY PROVIDES GRANTS AND OTHER ASSISTANCE TO DOMESTIC CHARITABLE ORGANIZATIONS TO SUPPORT PROGRAMS AND ACTIVITIES IN LINE WITH OUR MISSION. SOME OF THESE DONATIONS ARE COLLECTED DURING MASS AT THE MISSION CHURCH AND THEN PROVIDED TO VARIOUS CHARITABLE ORGANIZATIONS. THE UNIVERSITY PROVIDES GRANTS FOR SCHOLARSHIPS, FELLOWSHIPS, AND STUDENT LOANS USING GUIDELINES ESTABLISHED BY THE ORGANIZATION'S BOARD OF TRUSTEES TO ENSURE THEY ARE MADE BASED ON NEED AND OR MERIT. SCU MAKES FINANCIAL AID GRANTS TO STUDENT ACCOUNT TO OFFSET AMOUNTS THAT STUDENTS OWE THE UNIVERSITY FOR TUITION AND FEES. X X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 JULIE SULLIVAN PRESIDENT 915137 0 225000 0 9677 0 0 0 22063 0 1171877 0 0 0 HERBERT SENDEK HEAD COACH, MEN'S BASKETBALL 834447 0 10000 0 12658 0 30000 0 80669 0 967774 0 0 0 JOHN KERRIGAN CHIEF INVESTMENT OFFICER 555765 0 217487 0 8105 0 25008 0 29684 0 836049 0 0 0 JAMES LYONS VP FOR UNIVERSITY RELATIONS 546307 0 75000 0 29224 0 24500 0 29809 0 704840 0 0 0 RENEE BAUMGARTNER EXECUTIVE DIRECTOR, ATHLETICS 517759 0 35000 0 37903 0 14400 0 53445 0 658507 0 0 0 MICHAEL KAUFMAN DEAN, SCHOOL OF LAW 487577 0 0 0 29412 0 0 0 39366 0 556355 0 0 0 LAWRENCE LOKMAN VP OF MARKETING & COMMUNICATIONS 343142 0 25000 0 120738 0 18000 0 46075 0 552955 0 0 0 LISA KLOPPENBERG PROFESSOR 407254 0 0 0 28140 0 26400 0 36757 0 498551 0 0 0 ED GRIER DEAN, SCHOOL OF BUSINESS 413457 0 0 0 36305 0 0 0 38870 0 488632 0 0 0 JOHN OTTOBONI - FORMER SR COUNSEL & SPECIAL ADVSR (THRU 06/23) 348052 0 0 0 82211 0 24000 0 21079 0 475342 0 0 0 MOLLY MCDONALD CHIEF OF STAFF 358953 0 0 0 9738 0 23523 0 52425 0 444639 0 0 0 ED RYAN - ACTING PROVOST VICE PROVOST FOR PLANNING & INST. 264045 0 0 0 93723 0 9600 0 13426 0 380794 0 0 0 EVANGELINA BLANCO VP FOR ENROLLMENT MANAGEMENT 297851 0 0 0 35071 0 22152 0 23800 0 378874 0 0 0 DANIEL PRESS DEAN, COLLEGE OF ARTS AND SCIENCES 295698 0 0 0 28420 0 21450 0 9615 0 355183 0 0 0 KATE MORRIS - ACTING PROVOST & VICE PROVOST FOR ACADEMIC AFFAIRS 303760 0 0 0 103 0 25718 0 24723 0 354304 0 0 0 KELLY CAPEN DOUGLAS GENERAL COUNSEL 234877 0 25000 0 45265 0 19830 0 11655 0 336627 0 0 0 WILSON GARONE - ASST TREAS VP FINANCE & ADMIN 229783 0 0 0 75684 0 0 0 28654 0 334121 0 0 0 MICHAEL CROWLEY - ASST TREAS VP FINANCE & ADMIN (THRU 12/23) 245759 0 0 0 1458 0 24000 0 37832 0 309049 0 0 0 RAMONA SAUTER ASST. TREASURER, AVP FOR FINANCE 247238 0 0 0 103 0 12000 0 17817 0 277158 0 0 0 PART I, LINE 1A THE UNIVERSITY PROVIDED FIRST-CLASS TRAVEL TO EMPLOYEES FOR INTERNATIONAL TRAVEL IN ACCORDANCE WITH OUR POLICY. NO PORTION IS TAXABLE TO THE EMPLOYEE. THE UNIVERSITY ALSO PROVIDED GOLF MEMBERSHIPS TO INDIVIDUALS WHO HAVE RESPONSIBILITY FOR FUNDRAISING. THERE IS NO WRITTEN POLICY REGARDING GOLF MEMBERSHIPS. THE UNIVERSITY HAS PROCEDURES IN PLACE TO ENSURE THAT NO PERSONAL CHARGES ARE REIMBURSED AND NO PORTION IS TAXABLE TO THE EMPLOYEE. RENTAL/HOUSING ASSISTANCE MAY BE PROVIDED IN ACCORDANCE WITH UNIVERSITY COMPENSATION POLICIES, AND IS CONSIDERED TAXABLE INCOME. SUCH ASSISTANCE MAY BE PROVIDED IN THE FORM OF UNIVERSITY FUND PROMISSORY NOTES (SEE SCHEDULE L FOR FURTHER DETAIL), AND THESE AMOUNTS ARE CONSIDERED TAXABLE INCOME. PART I, LINE 7 VARIOUS UNIVERSITY EMPLOYEES INCLUDED ON SCHEDULE J RECEIVED BONUS PAYMENTS FOR THEIR SERVICES AND PERFORMANCE DURING THE FISCAL YEAR. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2019-06-12 4875127 SEE PART VI 0 0 0 B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179NF7 2017-12-28 63096951 SEE PART VI 0 0 0 C CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179JX3 2017-08-10 30404213 SEE PART VI 0 0 0 D CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179BS2 2015-08-28 117173098 SEE PART VI 0 0 0 A 3200000 4875127 45127 4830000 2019 0 1 0 1 B 3025000 64096872 3221316 426308 60439062 10185 0 0 1 1 C 2435000 31399447 146330 31249613 3505 0 1 1 1 D 14460000 118724575 681875 59744970 58297730 2018 0 1 1 1 A 0 1 0 0 0 0 1 B 0 1 0 0 0 0 1 C 0 1 0 0 0 0 1 D 0 1 1 1 0 0.00100 0.00100 0 0 1 A 0 1 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 COLUMN A: PART I (F) THE PROCEEDS OF THIS BOND ISSUE WERE USED TO REFINANCE THE BORROWER'S TAXABLE LOAN (ISSUED 6/25/2014). COLUMN A: PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN A: PART IV, LINE 2(B): THE CURRENT REFUNDING PORTION OF BONDS HAS MET THE 6-MONTH EXCEPTION TO REBATE. COLUMN A: PART IV, LINE 2(C): NO REBATE COMPUTATION WAS PERFORMED FOR THE SERIES 2019 BECAUSE ALL FUNDS WERE SPENT ON THE ISSUE DATE. COLUMN B: PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN B: PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN B: PART IV, LINE 2(C): THE REBATE COMPUTATION FOR 2017C WAS COMPLETED BY BLX GROUP LLC ON MARCH 8, 2023 AND NO REBATE WAS DUE AT THAT TIME. COLUMN C: PART I (F): THE PROCEEDS OF THE BOND ISSUE WERE USED TO REFUND A PORTION OF THE BORROWER'S SERIES 2010 (ISSUED 9/15/2010). COLUMN C: PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN C: PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN C: PART IV, LINE 2(C): THE REBATE COMPUTATION FOR SERIES 2017B WAS COMPLETED BY BLX GROUP LLC ON AUGUST 25, 2022 AND NO REBATE WAS DUE AT THAT TIME. COLUMN D: PART I, (F): THE PROCEEDS OF THIS BOND ISSUE WERE USED TO REFUND A PORTION OF THE BORROWER SERIES 2008 (ISSUED 12/11/2008) AND TO FINANCE CONSTRUCTION AND IMPROVEMENTS OF CERTAIN FACILITIES AND PAY COSTS OF ISSUANCE. COLUMN D: PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN D: PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN D: PART IV, LINE 2(C): THE REBATE COMPUTATION FOR SERIES 2015 WAS COMPLETED BY BLX GROUP LLC ON SEPTEMBER 16, 2020. WILSON GARONE OFFICER NOTE RECEIVABLE X 250000 202028 0 0 1 EVANGELINA BLANCO KEY EMPLOYEE NOTE RECEIVABLE X 250000 185452 0 0 1 DANIEL PRESS KEY EMPLOYEE NOTE RECEIVABLE X 250000 168238 0 0 1 JIM LYONS KEY EMPLOYEE NOTE RECEIVABLE X 250000 172716 0 0 1 LISA KLOPPENBERG KEY EMPLOYEE NOTE RECEIVABLE X 250000 32971 0 0 1 761405 DAVID LE BARON JR FAMILY MEMBER OF HEIDI LEUPP, TRUSTEE HAS MORE THAN 35% INTEREST IN BLDG 4400000 REAL ESTATE TRANSACTION 0 SI 23 LLC ENTITY WHERE JOHN A. SOBRATO, TRUSTEE HAS MORE THAN 35% INTEREST 2532168 LONG-TERM LEASE 0 SI 53 LLC ENTITY WHERE JOHN A. SOBRATO, TRUSTEE HAS MORE THAN 35% INTEREST 934654 LONG-TERM LEASE 0 MICHAEL BOWES FAMILY MEMBER OF STEVE SCHOTT, TRUSTEE 76564 EMPLOYMENT 0 CHARLES PURDY FAMILY MEMBER OF MOLLY MCDONALD 54792 EMPLOYMENT 0 KELLEN ZUNICH FAMILY MEMBER OF LISA KLOPPENBERG 45998 EMPLOYMENT 0 X 91 8213151 AVERAGE MKT VALUE X 1 1100000 FMV X EQUIPMENT 5 314591 SELLING PRICE X MISC SUPPLIES 14 51720 SELLING PRICE 1 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTION PART I, LINE 32B: THE UNIVERSITY USES STOCK BROKERS TO SELL DONATED SECURITIES AND REAL ESTATE BROKERS TO SELL DONATED REAL ESTATE. FORM 990, PART III, LINE 1: SANTA CLARA UNIVERSITY IS A CATHOLIC AND JESUIT INSTITUTION THAT MAKES STUDENT LEARNING ITS CENTRAL FOCUS, PROMOTES FACULTY AND STAFF LEARNING IN ITS VARIOUS FORMS, AND EXHIBITS ORGANIZATIONAL LEARNING. STUDENT LEARNING TAKES PLACE AT THE UNDERGRADUATE AND GRADUATE LEVEL IN AN EDUCATIONAL ENVIRONMENT THAT INTEGRATES RIGOROUS INQUIRY AND SCHOLARSHIP, CREATIVE IMAGINATION, REFLECTIVE ENGAGEMENT WITH SOCIETY, AND A COMMITMENT TO FASHIONING A MORE HUMANE AND JUST WORLD. AS AN ACADEMIC COMMUNITY, WE EXPAND THE BOUNDARIES OF KNOWLEDGE AND INSIGHT THROUGH TEACHING, RESEARCH, ARTISTIC EXPRESSION, AND OTHER FORMS OF SCHOLARSHIP. IT IS PRIMARILY THROUGH DISCOVERING, COMMUNICATING, AND APPLYING KNOWLEDGE THAT WE EXERCISE OUR INSTITUTIONAL RESPONSIBILITY AS A VOICE OF REASON AND CONSCIENCE IN SOCIETY, WE OFFER CHALLENGING ACADEMIC PROGRAMS AND DEMONSTRATE A COMMITMENT TO THE DEVELOPMENT OF: 1) UNDERGRADUATE STUDENTS WHO SEEK AN EDUCATION WITH A STRONG HUMANISTIC ORIENTATION IN A PRIMARILY RESIDENTIAL SETTING. 2) GRADUATE STUDENTS, MANY OF THEM WORKING PROFESSIONALS IN SILICON VALLEY, WHO SEEK ADVANCED DEGREE PROGRAMS THAT PREPARE THEM TO MAKE SIGNIFICANT CONTRIBUTIONS TO THEIR FIELDS. IN ADDITION TO THESE CORE PROGRAMS, WE ALSO PROVIDE A VARIETY OF CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR NON-MATRICULATED STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE ORGANIZATION'S CONTROLLER'S OFFICE WORKED CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGED TO PREPARE THE RETURN. INFORMATION FOR THE RETURN WAS ALSO OBTAINED THROUGH DISCUSSIONS WITH SENIOR ADMINISTRATION AND THE GENERAL COUNSEL. THE AUDIT AND RISK OVERSIGHT COMMITTEE ALSO MET WITH THE CONTROLLER'S OFFICE AND THE ACCOUNTING FIRM HIRED TO PREPARE THE FORM 990 AND THE RETURN WAS ACCEPTED. THE FINAL DRAFT WAS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES HAS A CONFLICT OF INTEREST POLICY AS PART OF THE BYLAWS. THE ASSISTANT TREASURER IS RESPONSIBLE FOR MONITORING POTENTIAL CONFLICT OF INTEREST. ANNUALLY, A QUESTIONNAIRE IS SENT TO THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES ASKING FOR ANY POSSIBLE BUSINESS OR PERSONAL CONNECTION TO THE ORGANIZATION THAT MAY CAUSE A POTENTIAL CONFLICT. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE PRESIDENT AND BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED; (5) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE AUTHORITY TO REVIEW AND DETERMINE THE PRESIDENT'S COMPENSATION. DISCUSSIONS OF THE PRESIDENT'S COMPENSATION WERE DOCUMENTED IN THE MINUTES OF MEETINGS OF THE EXECUTIVE COMMITTEE. THE COMPENSATION OF THE PROVOST AND VICE PRESIDENTS ARE DETERMINED BY THE PRESIDENT. OTHER KEY EMPLOYEES' COMPENSATION IS DETERMINED BY THE RESPECTIVE VICE PRESIDENT OR PROVOST. IN ALL CASES, COMPARABLE DATA FROM SIMILAR ORGANIZATIONS AND POSITIONS WERE USED TO DETERMINE COMPENSATION LEVELS. THIS INFORMATION COMES FROM INDEPENDENT SURVEY DATA. EACH EMPLOYEE'S COMPENSATION IS DOCUMENTED IN THEIR RESPECTIVE PERSONNEL FILES AND THEY ARE PERSONALLY NOTIFIED OF ANY CHANGES IN COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -91,779. ACTUARIAL CHANGES TO SPLIT INTEREST AGREEMENTS 740,691. ADOBE MANAGEMENT A LLC 500 EL CAMINO REAL SANTA CLARA CA 95053 811570359 INVESTING PURPOSES DE -99267 3803318 SANTA CLARA UNIVERSITY BRONCO BENCH FOUNDATION SANTA CLARA UNIVERSITY SANTA CLARA CA 95053 946121957 FUNDRAISING CA 501(C)(3) LINE 12B, II PRESIDENT-BOARD OF TRUSTEE SANTA CLARA COLLEGE 1 JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA 1735 LE ROY AVE BERKELEY CA 94709 941156462 EDUCATION CA 501(C)(3) LINE 1 PRESIDENT-BOARD OF TRUSTEE SANTA CLARA COLLEGE 1 WEST COAST CONFERENCE 1111 BAYHILL DRIVE STE 405 SAN BRUNO CA 94066 237286818 COLLEGIATE ATHLETICS CA 501(C)(3) LINE 12A, I N/A 0 MAKENA STRATEGIC OPPORTUNITIES FUND - KH LP 2755 SAND HILL ROAD SUITE 200 MENLO PARK CA 94025 812032432 INVESTING PURPOSES DE SANTA CLARA UNIVERSITY REVENUE EXCLUDED 504608 16622263 0 0 0.73660 CHARITABLE REMAINDER TRUST (21) HOLDINGS CA N/A T 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 1 0 BRONCO BENCH FOUNDATION C 2294100 FMV JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA D 24455875 FMV JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA R 1842846 FMV