2026-03-02T18:02:56-06:00 2025-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2024-07-01 800390564 CALIFORNIA STATE UNIVERSITY SAN MARCOS FOUNDATION CALI 7607504400 333 S TWIN OAKS VALLEY RD SAN MARCOS CA 92096 MICHELLE CLARK EXECUTIVE DIRECTOR 7607504400 2026-02-23 1 1 DEBRA D SMITH CPA P00646873 7604318440 2026-02-23 2024 2025-03-06 01:10:19Z MICHELLE CLARK 333 S TWIN OAKS VALLEY RD SAN MARCOS CA 92096 15385942 0 X WWW.CSUSM.EDU/GIVING/FOUNDATION X 2009 CA PROVIDE SUPPORT FOR CALIFORNIA STATE UNIVERSITY SAN MARCOS IN FULFILLING ITS MISSION. 24 19 0 0 0 0 13161721 9124409 486687 458561 987711 2948994 -103697 -88612 14532422 12443352 2114175 2441301 0 0 1202702 1885387 0 0 0 2976647 2963409 6293524 7290097 8238898 5153255 63404246 71955543 770022 678797 62634224 71276746 X THE CSUSM FOUNDATION SUPPORTS AND PROMOTES THE UNIVERSITY'S MISSION BY CULTIVATING AND MAXIMIZING PRIVATE CHARITABLE INVESTMENT, STEWARDING RESOURCES CAREFULLY, CREATING AND NURTURING MEANINGFUL REGIONAL RELATIONSHIPS AND PARTNERSHIPS, ENGAGING THE UNIVERSITY'S COMMUNITIES, ADVOCATING ON BEHALF OF THE UNIVERSITY, AND BUILDING AND SUSTAINING A CULTURE OF PHILANTHROPY. 0 0 4895390 822806 458561 RECEIPTS OF GIFTS AND DONATIONS FOR VARIOUS CAMPUS PROGRAM ACTIVITIES INCLUDING NON-ENDOWED SCHOLARSHIPS, THE ACE FOSTER YOUTH SCHOLARSHIP PROGRAM, THE KAISER FOUNDATION NURSING STUDENT LOAN PROGRAM, THE SPICER STUDENT LOAN PROGRAM, SUPPORT FOR THE CAMPUS VETERANS CENTER, AND SUPPORT FOR THE CALIFORNIA INDIAN CULTURE AND SOVEREIGNTY CENTER. 1618495 1618495 0 RECEIPT OF ENDOWMENT AND SCHOLARSHIP GIFTS. THE ENDOWMENTS ARE INVESTED AND THE EARNINGS ARE USED TO PROVIDE STUDENT SCHOLARSHIPS. 6513885 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 X 44 0 0 1 1 1 CJ 0 0 0 1 1 0 0 0 0 0 0 X 24 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MICHELLE CLARK EXECUTIVE DIRECTOR 7607504400 333 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 92096 SIMON KUO VICE CHAIR 1.00 X X 0 0 0 EMILIE HERSH CHAIR 1.00 X X 0 0 0 ELLEN NEUFELDT PRESIDENT 1.00 40.00 X X 0 521159 61119 LEON WYDEN JR TREASURER AND SECRETARY 1.00 40.00 X X 0 309830 79004 JESSICA BERGER EXECUTIVE DIRECTOR 1.00 40.00 X X 0 301309 71780 DAMIAN MCKINNEY DIRECTOR 1.00 X 0 0 0 TAYLOR SUTHERLAND DIRECTOR 1.00 X 0 0 0 DAN EPSTEIN DIRECTOR 1.00 X 0 0 0 JUSTIN PERRON DIRECTOR 1.00 40.00 X 0 143413 63887 KARINA RAMIREZ GONZALEZ DIRECTOR 1.00 40.00 X 0 6536 0 ITSARELY PALMA CASTILLO DIRECTOR 1.00 20.00 X 0 11213 0 ALISHA WILKINS FRANKLIN DIRECTOR 1.00 X 0 0 0 ESTHER PHAHLA DIRECTOR 1.00 X 0 0 0 TOMMY FRIEDRICH DIRECTOR 1.00 X 0 0 0 CHING-MING CHENG DIRECTOR 1.00 40.00 X 0 113539 55794 JULIAN PARRA DIRECTOR 1.00 X 0 0 0 INGO HENTSCHEL DIRECTOR 1.00 X 0 0 0 KRISTIN CRELLIN DIRECTOR 1.00 X 0 0 0 NATHANIEL KEIFER DIRECTOR 1.00 X 0 0 0 KYLE CASEMENT DIRECTOR 1.00 X 0 0 0 LOU MONVILLE DIRECTOR 1.00 X 0 0 0 CARLEEN KREIDER DIRECTOR 1.00 20.00 X 0 2000 0 JASON SIMMONS DIRECTOR 1.00 X 0 0 0 ANNIE NORVIEL DIRECTOR 1.00 X 0 0 0 MICHELLE CLARK DEFACTO OFFICER, EXECUTIVE DIRECTOR 0.00 0.00 X 0 0 0 0 1408999 331584 0 0 1 0 0 75630 9048779 415382 9124409 CAMPUS PROGRAMS 900099 458561 458561 458561 2002198 2002198 3776004 2829208 946796 946796 946796 24770 75630 113382 -88612 -88612 12443352 458561 0 2860382 X 2340916 2340916 100385 100385 1553268 1513568 39700 332119 331652 467 284146 284146 728633 322760 405873 64295 64295 140853 140853 OTHER EXPENSES 531488 520611 10877 0 HOSPITALITY AND EVENTS 521986 501092 20894 0 SUPPLIES & SERVICES 487572 486072 1500 0 LIBRARY ACQUISITIONS 102845 102845 0 0 101591 88836 12755 7290097 6513885 776212 0 485791 721150 432771 453462 11374695 8451878 51273 54653 14345 15765 480000 45954863 56697026 4567473 5497400 43035 64209 63404246 71955543 162105 214694 0 2078 607917 462025 770022 678797 X 17381817 20834599 45252407 50442147 62634224 71276746 63404246 71955543 5153255 3489267 0 X 0 1 X 1 0 X 3049322 4705306 5656882 13161721 9124409 35697640 3049322 4705306 5656882 13161721 9124409 35697640 12805393 22892247 440698 659428 1158330 1272740 2002198 5533394 41231034 2079626 0.55520 0.54680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36560347 5259979 4596836 1059584 284146 45073432 33548472 624539 3872286 1234708 250242 36560347 31187653 389795 3111801 968988 171789 33548472 35766462 700286 -4161006 979042 139047 31187653 27957341 425360 8441908 933107 125040 35766462 0.06900 0.65500 0.27600 0 0 0 5497400 F 5497400 DUE TO RELATED PARTIES 462025 462025 X 15761855 3489267 113382 3602649 12159206 284146 284146 12443352 7119333 113382 113382 7005951 284146 284146 7290097 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENTS ARE GENERALLY DONOR-RESTRICTED FOR THE PURPOSE OF STUDENT SCHOLARSHIPS, STUDENT LOANS AND CAMPUS PROGRAM ACTIVITIES. ALSO, THE BOARD HAS DESIGNATED CERTAIN FUNDS AS QUASI-ENDOWMENTS FOR CERTAIN PROJECTS AND PROGRAMS. PART X, LINE 2: THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENT OF ACTIVITIES, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2025 AND 2024 AND THEREFORE NO AMOUNTS HAVE BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED WITH RELATED REVENUE 113,382. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED WITH RELATED REVENUE 113,382. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2050823 0 0 0 0 0 0 2050823 0 2050823 1 0 0 0 1 0 GALA 21000 16680 4320 14885 REPORT TO THE COMMUNITY 67900 47450 20450 75027 2 11500 11500 23470 100400 75630 24770 113382 113382 -88612 1 CALIFORNIA STATE UNIVERSITY SAN MARCOS 333 S TWIN OAKS VALLEY RD SAN MARCOS CA 92069 330535371 115 1618495 0 STUDENT SCHOLARSHIPS CALIFORNIA STATE UNIVERSITY SAN MARCOS 333 S TWIN OAKS VALLEY RD SAN MARCOS CA 92069 330535371 115 242421 0 FUNDS TO SUPPORT THE CAMPUS MISSION CALIFORNIA STATE UNIVERSITY SAN MARCOS SAN MARCOS CORPORATION 435 E CARMEL SAN MARCOS CA 92069 330397688 501C3 0 480000 BOOK VALUE 8.19 ACRES OF VACANT LAND TO SUPPORT CAMPUS MISSION 2 0 STIPENDS FOR RESEARCH/AWARDS 61 100385 CASH VALUE PART I, LINE 2: GRANTS GIVEN TO CSUSM ARE FOR STUDENT SCHOLARSHIPS AND THE UNIVERSITY MONITORS THE FUNDS GIVEN TO EACH STUDENT. THE FINANCIAL AID OFFICE OF THE UNIVERSITY QUALIFIES APPLICANTS FOR SCHOLARSHIPS BASED ON CRITERIA OVER WHICH CSUSM FOUNDATION HAS NO CONTROL. EXPENDITURES ON GRANTS AND CONTRACTS ARE CLOSELY MONITORED BY THE CSUSM FOUNDATION STAFF TO COMPLY WITH SPONSOR REQUIREMENTS. 0 0 0 0 0 0 0 0 0 ELLEN NEUFELDT PRESIDENT 0 521159 0 0 0 0 0 48463 0 12656 0 582278 0 0 LEON WYDEN JR TREASURER AND SECRETARY 0 309830 0 0 0 0 0 48316 0 30688 0 388834 0 0 JESSICA BERGER EXECUTIVE DIRECTOR 0 301309 0 0 0 0 0 47837 0 23943 0 373089 0 0 JUSTIN PERRON DIRECTOR 0 143413 0 0 0 0 0 33258 0 30629 0 207300 0 0 CHING-MING CHENG DIRECTOR 0 113539 0 0 0 0 0 22412 0 33382 0 169333 0 0 PART I, LINE 3 THE CALIFORNIA STATE UNIVERSITY SAN MARCOS FOUNDATION DOES NOT COMPENSATE ANY EMPLOYEES. THE OFFICERS LISTED ON SCHEDULE J ARE EMPLOYEES OF THE RELATED ORGANIZATION, CALIFORNIA STATE UNIVERSITY SAN MARCOS. THE RELATED ORGANIZATION HAS POLICIES IN PLACE WHICH ARE USED TO DETERMINE COMPENSATION. THROUGH THE RELATED ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE - WHICH IS COMPRISED OF THE UNIVERSITY PRESIDENT WHO SERVES AS AN EX-OFFICIO MEMBER OF THE BOARD -COMPENSATION FOR THE ORGANIZATION'S OFFICERS IS REVIEWED ON AN ANNUAL BASIS. THE REVIEW OF CURRENT SALARY LEVELS FOR EACH EXECUTIVE EMPLOYEE IS PERFORMED BY ANALYZING EXECUTIVE COMPENSATION OF OTHER SIMILAR AUXILIARY ORGANIZATIONS WITHIN THE CALIFORNIA STATE UNIVERSITY SYSTEM, AS WELL AS SURVEYS OF OTHER NON-PROFIT CHARITABLE ORGANIZATIONS OF SIMILAR ASSET SIZE AND FUNCTIONS. THE EXECUTIVE COMPENSATION COMMITTEE THEN RECOMMENDS THE APPROPRIATE SALARY LEVELS TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR APPROVAL. X 66720 FAIR MARKET VALUE X 14 49594 SALES PRICE X 1 240 X EQUIPMENT 7 293854 FAIR MARKET VALUE X OTHER NON CASH GOODS 8 4974 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION'S BROKERAGE FIRM SELLS THE PUBLICLY TRADED STOCK. FORM 990 PART V LINE 2A AND 2B THE ORGANIZATION DOES NOT DIRECTLY ISSUE FORMS W-2. EMPLOYEES WORKING WITHIN THE ORGANIZATION ARE PAID THROUGH A COMMON PAYMASTER ARRANGEMENT WITH A RELATED ENTITY, WHICH SERVES AS THE EMPLOYER OF RECORD FOR PAYROLL PURPOSES. THE RELATED ENTITY ISSUES ALL FORMS W-2, REPORTS THE TOTAL NUMBER OF W-2S FILED, AND FILES ALL RELATED FEDERAL EMPLOYMENT TAX RETURNS. THE ORGANIZATION REIMBURSES THE RELATED ENTITY FOR ALL EMPLOYEE COMPENSATION AND RELATED PAYROLL COSTS. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC FORM OF THE 990 IS EMAILED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. THIS POLICY ALSO APPLIES TO ALL DIRECTOR LEVEL POSITIONS, INCLUDING THE EXECUTIVE DIRECTOR, AND ALL OTHER POSITIONS THAT HAVE SIGNIFICANT EXPOSURE AND/OR DECISION MAKING AUTHORITY TO WARRANT REGULAR MONITORING OF THE CONFLICT OF INTEREST ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 15 ALL EX-OFFICIO DIRECTORS ARE PAID BY A RELATED ORGANIZATION, CALIFORNIA STATE UNIVERSITY SAN MARCOS. THROUGH THE RELATED ORGANIZATION'S EXECUTIVE COMPENSATION COMMITTEE, WHICH IS COMPRISED OF THE UNIVERSITY PRESIDENT, WHO SERVES AS AN EX-OFFICIO MEMBER OF THE BOARD - COMPENSATION FOR THE ORGANIZATION'S EX-OFFICIO OFFICERS IS REVIEWED ON AN ANNUAL BASIS. THE REVIEW OF CURRENT SALARY LEVELS FOR EACH EXECUTIVE EMPLOYEE IS PERFORMED BY ANALYZING EXECUTIVE COMPENSATION OF OTHER SIMILAR AUXILIARY ORGANIZATIONS WITHIN THE CALIFORNIA STATE UNIVERSITY SYSTEM, AS WELL AS SURVEYS OF OTHER NON-PROFIT CHARITABLE ORGANIZATIONS OF SIMILAR ASSET SIZE AND FUNCTIONS. THE EXECUTIVE COMPENSATION COMMITTEE THEN RECOMMENDS THE APPROPRIATE SALARY LEVELS TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORMS 990 ARE AVAILABLE FOR INSPECTION OR COPYING AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. FORM 990, PART IX, LINES 5-10: AMOUNTS REPORTED REPRESENT DISBURSEMENTS TO OTHER EXEMPT RELATED ORGANIZATIONS FOR SERVICES RENDERED TO THE FILING ORGANIZATION. THE FILING ORGANIZATION DOES NOT REPORT EMPLOYEES UNDER PART V, LINE 2A AS IT HAS ENTERED INTO CONTRACT AGREEMENTS WITH RELATED ORGANIZATIONS FOR FINANCIAL AND ADMINISTRATIVE SUPPORT SERVICES CONDUCTED UNDER THE DIRECTION OF THE FILING ORGANIZATION. CALIFORNIA STATE UNIVERSITY SAN MARCOS 333 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 92096 330535371 HIGHER EDUCATION CA 115 0 CALIFORNIA STATE UNIVERSITY SAN MARCOS SAN MARCOS CORPORATION 435 E CARMEL STREET SAN MARCOS CA 92078 330397688 ADMINISTRATION AND BUSINESS SERVICES CA 501(C)(3) LINE 5 0 ASSOCIATED STUDENTS INC OF CSUSM 333 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 92096 330556915 STUDENT LEADERSHIP, ACTIVITIES, & RECREATION CA 501(C)(3) LINE 5 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 CALIFORNIA STATE UNIVERSITY SAN MARCOS P 4601767 COST REIMBURSEMENT CALIFORNIA STATE UNIVERSITY SAN MARCOS Q 582885 COST REIMBURSEMENT