2025-05-15T22:56:01-05:00 2024-06-30 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2023-07-01 941358307 THE LEGACY FUNDS OF HOLY NAMES UNIVERSITY LEGA 5104361000 4400 KELLER AVE STE 140 PMB 330 OAKLAND CA 94605 STEVEN BORG CHAIR OF THE BOARD 5104361000 2025-05-15 1 0 MAGA E KISRIEV P01008919 4089988400 2023 2025-03-06 01:10:19Z X HOLY NAMES UNIVERSITY CAROL SELLMAN 4400 KELLER AVE STE 140 PMB 330 OAKLAND CA 94605 69168729 0 0928 X WWW.HNU.EDU X 1880 CA THE ORGANIZATION IS TRANSITIONING FROM A DEGREE GRANTING INSTITUTION TO A SCHOLARSHIP GRANTING ORGANIZATION. 12 11 395 12 -38140 0 7736948 357345 31744766 13454 55313316 6028798 0 0 94795030 6399597 16085015 3588690 0 0 17603211 1147009 0 0 0 25052557 2187952 58740783 6923651 36054247 -524054 69754154 68805953 3939474 692167 65814680 68113786 X HOLY NAMES UNIVERSITY, FOUNDED BY THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, IS ROOTED IN CATHOLIC INTELLECTUAL AND SPIRITUAL TRADITIONS. A RIGOROUS AND INCLUSIVE INTELLECTUAL COMMUNITY, HNU IS COMMITTED TO CONTINUOUS IMPROVEMENT AND PROVIDES PROFESSIONAL AND LIBERAL UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. THE UNIVERSITY EMPOWERS A DIVERSE STUDENT BODY TO THINK CRITICALLY AND IMAGINATIVELY, TO UNDERSTAND AND EMPLOY THE VARIOUS MODES OF KNOWLEDGE, TO COMMUNICATE CLEARLY AND PERSUASIVELY, TO PURSUE LEADERSHIP OPPORTUNITIES, AND TO PROMOTE THE COMMON GOOD. 0 0 3886654 3588690 13454 HOLY NAMES UNIVERSITY ("THE UNIVERSITY") IS AN INDEPENDENT, CATHOLIC, LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION LOCATED IN OAKLAND, CALIFORNIA. THE UNIVERSITY WAS FOUNDED BY THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY("SNJM"). CHARTERED BY THE STATE OF CALIFORNIA IN 1880 AND IT GRANTED BACCALAUREATE AND MASTER'S DEGREES IN LIBERAL ARTS, SCIENCE, BUSINESS, NURSING AND EDUCATION. THE UNIVERSITY PROVIDED THESE EDUCATIONAL PROGRAMS THROUGH MAY 2023 AND INTENDS TO TRANSITION FROM A DEGREE GRANTING ORGANIZATION TO A SCHOLARSHIP GRANTING ORGANIZATION AND WILL CONTINUE TO STEWARD THE ENDOWMENT FOR THE BENEFIT OF FUTURE SCHOLARSHIP RECIPIENTS AND IN KEEPING WITH THE WISHES OF ENDOWMENT DONORS. THE UNIVERSITY HAS COMMUNICATED WITH THE DIVISION OF THE CALIFORNIA STATE ATTORNEY GENERAL'S OFFICE HANDLING THE ASSETS OF NON-PROFIT ORGANIZATIONS AND EDUCATIONAL FUNDS REGARDING THE PROCESS OF GAINING APPROVAL FOR THE CHANGE TO A SCHOLARSHIP GRANTING ORGANIZATION. 3886654 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 395 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SEAN HANLON 5104361000 4400 KELLER AVE STE 140 PMB 330 OAKLAND CA 94605 X STEVE BORG BOARD CHAIR 1.00 X X 0 0 0 BARBARA A BRAY SNJM TRUSTEE 1.00 X 0 0 0 CYNTHIA CANNING SNJM TRUSTEE 1.00 X 0 0 0 LOUIS D CHICOINE TRUSTEE 1.00 X 0 0 0 JEAN DOWDALL TRUSTEE 1.00 X 0 0 0 RACHEL O'DWYER FLYNN TRUSTEE 1.00 X 0 0 0 LARRY GARCIA TRUSTEE 1.00 X 0 0 0 TIFFIN GROFF TRUSTEE 1.00 X 0 0 0 BETH LIEBERT SNJM TRUSTEE 1.00 X 0 0 0 KATHLEEN ROSS SNJM TRUSTEE 1.00 X 0 0 0 NICKI JEAN THOMAS SNJM TRUSTEE 1.00 X 0 0 0 CAROL SELLMAN SNJM ACTING PRESIDENT 40.00 X X 112391 0 0 JEANINE HAWK CFO (THRU 11/30/23) 40.00 X 32308 0 0 MICHAEL GROENER FORMER PRESIDENT 40.00 X 157985 0 0 302684 0 0 2 1 1 0 EPICUREAN GROUP 111 MAIN ST SUITE 3 LOS ALTOS CA 94022 FOOD SERVICE 972265 BUCHALTER A PROFESSIONAL CORPORATION 1000 WILSHIRE BOULEVARD SUITE 1500 LOS ANGELES CA 900171730 LEGAL SERVICES 525076 BUILDING SERVICES SYSTEM MAINTENANCE IN 2575 STANWELL DR 2ND FLOOR CONCORD CA 94520 MAINTENANCE & JANITORIAL SERVICES 285365 BAY AREA TEACHER TRAINING INSTITUTE 1714 FRANKLIN STREET SUITE 100 158 OAKLAND CA 94612 TEACHING & STUDENT RECRUITING SERVICES 277743 TRIUMPH PROTECTION GROUP INC 853 COTTING COURT SUITE D VACAVILLE CA 95688 CAMPUS SECURITY SERVICES 257587 12 19481 337864 357345 EDUCATION ACTIVITIES 611710 11457 11457 TUITION AND FEES 611710 1997 1997 13454 460075 -38140 498215 66965207 1372648 62769132 0 4196075 1372648 5568723 5568723 6399597 13454 -38140 6066938 2522192 2522192 1066498 1066498 233306 233306 442635 193471 249164 91536 91536 379532 379532 417003 417003 260011 260011 140949 140949 606713 606713 158541 158541 541524 6608 534916 633 247 386 15430 15430 BAD DEBTS 22209 22209 24939 6102 18837 6923651 3886654 3036997 0 123270 10021434 14873390 2135960 1846877 82937 527900 297225 56688 103278 32895 0 6452310 8799869 45840824 47365250 69754154 68805953 2051521 325562 53386 292684 1834567 73921 3939474 692167 X 5098076 5698334 60716604 62415452 65814680 68113786 69754154 68805953 X -524054 2420699 402461 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55699258 6479943 931514 4722396 56525291 58397396 2123854 4289726 4602638 4509080 55699258 65883224 433933 -4045150 3649183 225428 58397396 54619996 616191 14251356 2913511 690808 65883224 54171145 1149969 1473154 2174272 0 54619996 0.00211 0.85224 0.14565 0 0 0 PASSTHROUGH INVESTMENTS 41658674 F ALTERNATIVE STRATEGIES FUND 5706576 F 47365250 U.S. GOVERNMENT GRANTS REFUNDABLE 73921 73921 PART V, LINE 4: THE ENDOWMENT OF THE UNIVERSITY COMPRISES APPROXIMATELY FORTY-FOUR INDIVIDUAL FUNDS. MOST OF THESE FUNDS WERE ESTABLISHED TO PROVIDE A PERMANENT SOURCE OF FUNDING FOR SCHOLARSHIPS. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. 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 INCLUDES ITS NONDISCRIMINATORY POLICY IN THE HNU CATALOG, WEBSITE, AS WELL AS ON THE UNDERGRADUATE APPLICATION FORM. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY COMPLETED A NUMBER OF FEDERAL GRANTS IN JULY 2023 RELATED TO STRENGTHENING ACADEMIC QUALITY AND INSTITUTIONAL MANAGEMENT TO EXPAND THE UNIVERSITY'S CAPACITY TO SERVE LOW-INCOME STUDENTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 5706576 0 0 0 0 0 0 5706576 0 5706576 0 0 1 0 0 0 1 OAKLAND-ALAMEDA COUNTY COLISEUM FOUNDATION 3697 MT DIABLO BOULEVARD SUITE 250 LAFAYETTE CA 94549 942851583 501(C)(3) 86682 0 ENDOWMENT TRANSFER KENNEDY-KING MEMORIAL COLLEGE SCHOLARSHIP FUND PO BOX 2643 MARTINEZ CA 94553 941677726 501(C)(3) 107991 0 ENDOWMENT TRANSFER UNIVERSITY OF REDLANDS PO BOX 3080 REDLANDS CA 92373 951643389 501(C)(3) 1065920 0 ENDOWMENT TRANSFER DIABLO VALLEY COLLEGE FOUNDATION 321 GOLF CLUB ROAD PLEASANT HILL CA 94523 949622202 501(C)(3) 111051 0 ENDOWMENT TRANSFER PROVIDENCE COMMUNITY HEALTH FOUNDATION 940 ROYAL AVE SUITE 410 MEDFORD OR 97504 930692907 501(C)(3) 261092 0 ENDOWMENT TRANSFER JESUIT HIGH SCHOOL 1200 JACOB LANE CARMICHAEL CA 95608 941525873 501(C)(3) 180357 0 ENDOWMENT TRANSFER MOUNT ST MARY'S UNIVERSITY 16300 OLD EMMITSBURG ROAD EMMITSBURG MD 21727 520591672 501(C)(3) 21899 0 ENDOWMENT TRANSFER UNIVERSITY OF SAN FRANCISCO 2130 FULTON STREET SAN FRANCISCO CA 94117 941156628 501(C)(3) 75006 0 ENDOWMENT TRANSFER SAMUEL MERRITT UNIVERSITY 450 30TH STREET SUITE 2840 OAKLAND CA 94609 942992642 501(C)(3) 60509 0 ENDOWMENT TRANSFER LOS RIOS COLLEGES FOUNDATION 1919 SPANOS CT SACRAMENTO CA 95825 942506591 501(C)(3) 238212 0 ENDOWMENT TRANSFER CALIFORNIA COMMUNITY FOUNDATION 717 W TEMPLE STREET LOS ANGELES CA 90012 953510055 501(C)(3) 318061 0 ENDOWMENT TRANSFER DOMINICAN UNIVERSITY OF CALIFORNIA 50 ACACIA AVENUE SAN RAFAEL CA 94901 941156525 501(C)(3) 190304 0 ENDOWMENT TRANSFER UNIVERSITY OF REDLANDS PO BOX 3080 REDLANDS CA 92373 951643389 501(C)(3) 21550 0 ENDOWMENT TRANSFER UNIVERSITY OF CALIFORNIA DAVIS 1 SHIELDS AVE DAVIS CA 95616 946036494 501(C)(3) 53047 0 ENDOWMENT TRANSFER 14 0 GRANTS, SCHOLARSHIPS & FINANCIAL AID 137 1066498 0 PART I, LINE 2: EACH TRANSACTION INVOLVING GRANTS, SCHOLARSHIPS, OR FINANCIAL AID IS MONITORED THROUGH THE STUDENT ACCOUNT BY OUR STUDENT ACCOUNTS AND FINANCIAL AID OFFICES. IN ADDITION, THE UNIVERSITY UNDERGOES ANNUAL AUDITS OF ITS FINANCIAL AID PROCESS AND PROCEDURES. THE EXTERNAL AUDITORS TEST THE UNIVERSITY'S COMPLIANCE WITH APPLICABLE RULES AND REGULATIONS. X X X 0 0 0 0 0 0 0 0 0 MICHAEL GROENER FORMER PRESIDENT 157985 0 0 0 0 0 0 0 0 0 157985 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF HOLY NAMES UNIVERSITY ARE APPOINTED BY THE PROVINCE LEADER OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY U.S.-ONTARIO PROVINCE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF HOLY NAMES UNIVERSITY, APPOINTED BY THE PROVINCE LEADER OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY U.S.-ONTARIO PROVINCE, HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES, TO REMOVE MEMBERS FROM BOARD, AND TO FILL VACANCIES ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ANNUAL BUDGET AND APPOINTMENT OF THE PRESIDENT ARE SUBJECT TO APPROVAL BY THE MEMBERS OF HNU. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY TAX PROFESSIONALS AND WAS REVIEWED BY SENIOR STAFF. THE RETURN WAS PROVIDED TO THE AUDIT COMMITTEE AND TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FACULTY AND STAFF ARE REQUIRED TO ABIDE BY THE CONFLICT OF INTEREST POLICY, AS NOTED IN THE RESPECTIVE FACULTY AND STAFF EMPLOYEE HANDBOOKS. DIRECTORS/ TRUSTEES ARE REQUIRED TO ABIDE BY THE BOARD CONFLICT OF INTEREST POLICY AND TO ANNUALLY DISCLOSE IF THEY HAVE ANY CONFLICTS OF INTEREST. SHOULD A POTENTIAL CONFLICT BE INDICATED, THE POLICY PROVIDES FOR A REVIEW OF THE PROPOSED TRANSACTIONS BY THE BOARD TO CONFIRM THAT IT IS IN THE BEST INTERESTS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES: 1. SURVEYS FROM AREA HIGHER EDUCATION INSTITUTIONS REGARDING SALARY AND BENEFITS FOR ALL EMPLOYEES, INCLUDING OFFICERS & KEY EMPLOYEES, ARE GATHERED AND REVIEWED 2. NATIONAL SURVEYS FOR COMPENSATIONS FOR HIGHER EDUCATION INSTRUCTIONS FOR ALL EMPLOYEES, INCLUDING OFFICERS & KEY EMPLOYEES ARE GATHER AND REVIEWED 3. COMPARABILITY FACTORS INCLUDE SIZE OF THE INSTITUTIONAL BUDGET, COMPLEXITY OF THE INSTITUTION, COST OF LIVING IN THE INSTITUTION'S GEOGRAPHIC LOCATION, POSITION REQUIREMENTS, AND LENGTH OF TENURE (IF AVAILABLE) 4. THE DATA IS MADE AVAILABLE TO THE EXECUTIVE COMMITTEE OF THE BOARD ALONG WITH A RECOMMENDATION FOR COMPENSATION FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE ON PUBLIC WEBSITES AND IS AVAILABLE TO THE PUBLIC FROM HOLY NAMES UNIVERSITY UPON REQUEST. ITS CONFLICT OF INTEREST POLICY IS CONTAINED IN THE UNIVERSITY HANDBOOK AND IS ALSO AVAILABLE UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART VII, SECTION A: THE REPORTABLE COMPENSATION FOR CAROL SELLMAN WAS PAID TO SISTERS OF THE HOLY NAMES OF JESUS AND MARY FOR HER SERVICES PERFORMED FOR THE UNIVERSITY. FORM 990, PART XI, LINE 9: BAD DEBT RECOVERIES 402,461. FORM 990, PART IV, LINE 12A AND PART XII, LINE 2B: THE FINANCIAL AUDIT OF THE ORGANIZATION BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS HAD NOT BEEN COMPLETED AS OF THE DATE OF THIS FORM. THE FINANCIAL STATEMENTS AUDIT IS NEARING COMPLETION AT THE TIME THIS RETURN IS FILED. SISTERS OF THE HOLY NAMES OF JESUS AND MARY US-ONTARIO PO BOX 398 MARYLHURST OR 97036 204366910 RELIGIOUS OR 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0