2026-04-22T14:16:45-05:00 2025-06-30 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2024-07-01 941585735 GOLDEN GATE UNIVERSITY GOLD 4154427859 536 MISSION STREET SAN FRANCISCO CA 94105 BRENT WHITE PRESIDENT 4154427859 2026-04-17 1 0 MAGA E KISRIEV P01008919 4089988400 2026-04-18 2024 2025-03-06 01:10:19Z BRENT WHITE 536 MISSION STREET SAN FRANCISCO CA 94105 59848386 0 X WWW.GGU.EDU X 1923 CA TO CHANGE THE LIVES OF ADULT STUDENTS THROUGH PROFESSIONAL PRACTICE DEGREES AND CERTIFICATIONS. 8 8 627 17 0 0 4643041 12228695 39607251 34306675 2327602 1572061 180515 115186 46758409 48222617 7893539 5588338 0 0 37725904 30083397 0 0 1102373 17921474 23383340 63540917 59055075 -16782508 -10832458 113105680 93641950 38772711 26584047 74332969 67057903 GOLDEN GATE UNIVERSITY PREPARES INDIVIDUALS TO LEAD AND SERVE BY PROVIDING HIGH QUALITY, PRACTICE-BASED EDUCATIONAL PROGRAMS IN LAW, TAXATION, BUSINESS AND RELATED PROFESSIONS - AS A NONPROFIT INSTITUTION - IN AN INNOVATIVE AND CHALLENGING LEARNING ENVIRONMENT. 0 0 41627217 5588338 34333701 HIGHER EDUCATION IS THE UNIVERSITY'S SOLE MISSION AND PROGRAM. GGU OFFERS UNDERGRADUATE DEGREES IN BUSINESS AND MANAGEMENT, AND GRADUATE DEGREES IN LAW, TAXATION, BUSINESS AND RELATED PROFESSIONS THROUGH COURSES OFFERED IN SAN FRANCISCO AND ONLINE COURSES OFFERED THROUGHOUT THE UNITED STATES AND INTERNATIONALLY. FULL TIME ENROLLMENT (FTE) FOR THE ACADEMIC YEAR 2024-2025 WAS 5,781. 41627217 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 72 0 1 627 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA AL AR FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OR PA RI SC TN VA WI WV ND X KEN TANZER 4154427859 536 MISSION ST SAN FRANCISCO CA 94105 MELINDA A DUNN CHAIR 1.00 X X 0 0 0 CHIP CONRADI VICE CHAIR/SEC (THRU 12/12/24) 1.00 X X 0 0 0 NANCY TULLY TRUSTEE & SECRETARY 1.00 X X 0 0 0 BARBARA MENDELSON TREASURER 1.00 X X 0 0 0 NICHOLAS DIRKS TRUSTEE 1.00 X 0 0 0 ROBERT H PATTERSON TRUSTEE 1.00 X 0 0 0 FRANCIS RYU TRUSTEE 1.00 X 0 0 0 BETTY YEE TRUSTEE (THRU 10/1/24) 1.00 X 0 0 0 DIANE YU TRUSTEE 1.00 X 0 0 0 TUIJA CATALANO TRUSTEE 1.00 X 0 0 0 DAVID FIKE PRESIDENT 37.50 X 533453 0 49614 ELAINE CLARK VP FOR FINANCE & ADMIN AND CFO 37.50 X 297068 0 42519 MARK YATES DEAN, SCHOOL OF LAW 37.50 X 266868 0 29311 NATHANIEL HINERMAN DEAN, SCH OF UNDERGRADUATE STUDIES 37.50 X 250904 0 40170 ROBERT SHOFFNER EXEC DIR OF AGENO SCHOOL OF BUS 37.50 X 259743 0 22863 COURTNEY BORTON CHIEF MKTG/VP MKTG/ENROL(THRU 8/7/24) 37.50 X 287540 0 10677 JOAQUIN GONZALES III DEAN, GGU WORLDWIDE/VP, GLOB AFF 37.50 X 252726 0 30589 DAVID LAMANNA ASSOC VICE PROVOST FOR ACAD/STUDENT AFF 37.50 X 216613 0 27581 CHRIS CARDILLO ASSOC DEAN, SCH OF UNDERGRAD STUDIES 37.50 X 197873 0 31366 MICHAEL KOPERSKI EXEC DIR OF BUS SVC, FACIL & ADMIN 37.50 X 196913 0 13640 BRENT WHITE FORMER PROVOST/VP OF ACAD AFFAIRS 0.00 X 110000 0 0 2869701 0 298330 65 1 1 0 CAROLINA ACADEMIC PRESS LLC 700 KENT ST DURHAM NC 27701 PROGRAM DEVELOPMENT, ADMIN & MARKETING 496063 NOVUS LAW FIRM INC 621 CAPITOL MALL SUITE 1550 SACRAMENTO CA 95814 LEGAL SERVICES 196185 HOOD AND STRONG LLP 2580 N FIRST ST 460 SAN JOSE CA 95131 ACCOUNTING SERVICES 106770 3 228072 12000623 26360 12228695 TUITION AND FEES 611310 34306675 34306675 34306675 1256258 1256258 2957 2957 85203 0 85203 85203 85203 11941572 11625769 315803 315803 315803 SERVICE FEES 900099 5643 5643 BOOKSTORE COMMISSION 900099 4454 4454 VENDING MACHINE COMM. 900099 1012 1012 15917 15917 27026 48222617 34333701 0 1660221 X 5555393 5555393 32945 32945 2001402 870034 1092679 38689 22219015 17187707 4504666 526642 990283 753400 210755 26128 3101833 2173743 837280 90810 1770864 1340897 389500 40467 417445 750 416695 142800 142800 127561 127561 6066311 4029577 1958610 78124 1539135 1504542 2932 31661 215781 72914 136428 6439 2607231 1263627 1194675 148929 1279717 1209149 54319 16249 99238 81905 6713 10620 325679 257182 64037 4460 947396 873030 62831 11535 2133803 1966313 141510 25980 960125 884761 63674 11690 PROPTY. IMPAIRMENT LOSS 4142968 4142968 LIBRARY 791392 790023 1369 BAD DEBT 599922 568818 31104 LOAN COSTS 580181 580181 406655 210507 193302 2846 59055075 41627217 16325485 1102373 2482550 5134676 13470437 4776045 31104 7500 5236341 2470635 649870 528550 787287 719833 114660424 79351131 40791959 35309293 43826587 38070924 5681310 6496565 148235 127929 113105680 93641950 7017299 7207756 600434 497096 24556057 0 6094176 18506906 504745 372289 38772711 26584047 X 30767863 24859399 43565106 42198504 74332969 67057903 113105680 93641950 -10832458 3557392 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 58927514 58927514 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 9184 613 9797 250000 250000 250000 250000 1000000 1500000 50310133 108032 4876968 10037484 45257649 46204562 20695 5737443 1652567 50310133 43299581 -87058 4709548 1717509 46204562 50637080 34360 -5405276 1966583 43299581 41389065 1309370 9929583 1990938 50637080 0.11405 0.52190 0.36405 0 0 1564305 1564305 81160117 48147069 33013048 7130966 7130966 0 24805036 24073096 731940 35309293 ALTERNATIVE INVESTMENTS 5863974 F SPLIT INTEREST TRUSTS 632591 F 6496565 UNCLAIMED PROPERTY LIABILITY 1935 CHARITABLE REMAINDER TRUST RESERVE 211886 CAPITAL LEASE & OTHER LIABILITIES 144492 OPERATING LEASE LIABILITIES 13976 372289 X 41406134 3557392 -10246314 -6688922 48095056 127561 127561 48222617 48681200 0 48681200 127561 10246314 10373875 59055075 PART V, LINE 4: THE UNIVERSITY USES THE INCOME FROM THE ENDOWMENT FUND PRIMARILY FOR SCHOLARSHIPS ACCORDING TO THE DONOR'S RESTRICTION. SMALL AMOUNTS ARE ALSO USED FOR OPERATING EXPENSES AT DESIGNATED SCHOOLS WITHIN THE UNIVERSITY AND FOR FACULTY SUPPORT AS DESIGNATED BY THE DONOR. PART X, LINE 2: THE PRINCIPAL ACTIVITIES OF THE UNIVERSITY ARE EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF THE U.S. INTERNAL REVENUE CODE, SECTION 501(C)(3) AND THE CALIFORNIA REVENUE AND TAXATION CODE. THE UNIVERSITY HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAD CONCLUDED THAT AS OF JUNE 30, 2025, THE UNIVERSITY HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED TO EXPENSES -5,588,338. LOSS ON PROPERTY IMPAIRMENT RECLASSIFIED TO EXPENSES -4,142,968. LOAN COSTS RECLASSIFIED TO EXPENSES -515,008. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED TO EXPENSES 5,588,338. LOSS ON PROPERTY IMPAIRMENT RECLASSIFIED TO EXPENSES 4,142,968. LOAN COSTS RECLASSIFIED TO EXPENSES 515,008. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY DISCLOSURE STATEMENT IS CONTAINED IN OUT-REACH MATERIALS, COURSE SCHEDULES, THE CATALOG AND OUR WEBSITE. SCHEDULE E, PART I, LINE 6 GOLDEN GATE UNIVERSITY (GGU) ASSISTS ITS STUDENTS THROUGH THE OPERATION OF COMPREHENSIVE FINANCIAL AID PROGRAMS. THE FINANCIAL AID PROGRAMS INCLUDE A FEDERAL REVOLVING LOAN PROGRAM ADMINISTERED BY GGU. WHEN A STUDENT CEASES TO BE ENROLLED IN GGU (AND AFTER A GRACE PERIOD), THE STUDENT IS EXPECTED TO BEGIN MAKING PAYMENTS WITH THE ULTIMATE GOAL OF RETURNING THE LOAN FUNDS. UNDER AN AGREEMENT WITH THE FEDERAL GOVERNMENT, PORTIONS OF THE PRINCIPAL AND INTEREST DUE ON STUDENT NOTES RECEIVABLE MAY BE CANCELED UNDER CERTAIN CONDITIONS. GGU IS REIMBURSED BY THE FEDERAL GOVERNMENT FOR SUBSTANTIALLY ALL OF GGU'S PORTION OF THE CANCELLATIONS. IN ADDITION TO THE FUNDS RECEIVED UNDER THE REVOLVING LOAN PROGRAM, GGU RECEIVES DIRECTLY OR ACTS AS A PASS-THROUGH AGENT FOR A VARIETY OF FEDERAL AID PROGRAMS, INCLUDING LOANS AND GRANTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 5863974 NORTH AMERICA 0 0 GRANTMAKING 11600 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 11665 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 9680 0 0 0 0 0 0 5896919 0 5896919 SCHOLARSHIP NORTH AMERICA 6 11600 APPLIED TO TUITION SCHOLARSHIP EUROPE (INCLUDING ICELAND & GREENLAND) 2 11665 APPLIED TO TUITION SCHOLARSHIP EAST ASIA AND THE PACIFIC 1 9680 APPLIED TO TUITION 1 0 1 1 0 0 PART I, LINE 2: INTERNATIONAL STUDENTS ARE TREATED THE SAME AS DOMESTIC STUDENTS. DURING FY 24-25, ALL FOREIGN NATIONALS F1 VISA HOLDERS WHO RECEIVED INSTITUTIONAL FINANCIAL AID WERE PHYSICALLY PRESENT IN THE U.S. FOR THE TERM(S) COVERED BY THE AWARDS. ADDITIONALLY, 9 STUDENTS WERE REMOTE AS LISTED BELOW AND RECEIVED SCHOLARSHIP THAT WAS DIRECTLY APPLIED TO THEIR TUITION BALANCE. 1 TUITION SCHOLARSHIPS 1015 5555393 PART I, LINE 2: GGU DISBURSES FUNDS FOR EDUCATIONAL PURPOSES WITHIN THE MEANING OF IRC SECTION 170(C)(2). DISBURSEMENTS TO INDIVIDUALS ARE AWARDS OF SCHOLARSHIPS TO QUALIFYING STUDENTS IN FURTHERANCE OF THEIR EDUCATIONAL PURSUITS. SEE GGU'S SCHOLARSHIP POLICY: HTTPS://GGU.EDU/ADMISSIONS/TUITION-AND-FINANCIAL-AID/ X X X 1 0 0 0 0 0 0 0 0 DAVID FIKE PRESIDENT 529709 0 0 0 3744 0 23100 0 26514 0 583067 0 0 0 ELAINE CLARK VP FOR FINANCE & ADMIN AND CFO 296378 0 0 0 690 0 21084 0 21435 0 339587 0 0 0 COURTNEY BORTON CHIEF MKTG/VP MKTG/ENROL(THRU 8/7/24 166507 0 0 0 121033 0 10264 0 413 0 298217 0 0 0 MARK YATES DEAN, SCHOOL OF LAW 263680 0 0 0 3188 0 18459 0 10852 0 296179 0 0 0 NATHANIEL HINERMAN DEAN, SCH OF UNDERGRADUATE STUDIES 250240 0 0 0 664 0 17456 0 22714 0 291074 0 0 0 JOAQUIN GONZALES III DEAN, GGU WORLDWIDE/VP, GLOB AFF 251142 0 0 0 1584 0 17571 0 13018 0 283315 0 0 0 ROBERT SHOFFNER EXEC DIR OF AGENO SCHOOL OF BUS 248569 0 0 0 11174 0 17514 0 5349 0 282606 0 0 0 DAVID LAMANNA ASSOC VICE PROVOST FOR ACAD/STUDENT 215166 0 0 0 1447 0 15121 0 12460 0 244194 0 0 0 CHRIS CARDILLO ASSOC DEAN, SCH OF UNDERGRAD STUDIES 197537 0 0 0 336 0 13311 0 18055 0 229239 0 0 0 MICHAEL KOPERSKI EXEC DIR OF BUS SVC, FACIL & ADMIN 186534 0 0 0 10379 0 13058 0 582 0 210553 0 0 0 BRENT WHITE FORMER PROVOST/VP OF ACAD AFFAIRS 110000 0 0 0 0 0 0 0 0 0 110000 0 0 0 PART I, LINE 4A COURTNEY BORTON, CHIEF OF MARKETING AND VICE PROVOST OF MARKETING & ENROLLMENT MANAGEMENT, RECEIVED A SEVERANCE PAYMENT OF $120,000 IN CALENDAR YEAR 2024. X 1 26360 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 6: VOLUNTEERS AT GGU REPORTED INCLUDE MEMBERS OF THE BOARD OF TRUSTEES, DEANS' ADVISORY BOARDS, ALUMNI ASSOCIATION BOARD OF DIRECTORS, AND A FEW ADVISORY BOARDS FOR SPECIFIC AREAS AND CAMPUSES (E.G., GGU INTELLECTUAL PROPERTY LAW CENTER ADVISORY BOARD). FORM 990, PART VI, SECTION B, LINE 11B GGU'S ACCOUNTING FIRM PREPARES THE FORM 990 FOR THE UNIVERSITY. THE CONTROLLER REVIEWS THE DRAFT RETURN AND SUBMITS IT TO THE CFO FOR REVIEW AND DISCUSSION. ANY QUESTIONS AND OUTSTANDING ISSUES ARE ADDRESSED WITH THE ACCOUNTING FIRM, AND REVISIONS ARE MADE AS NEEDED. THE FINAL DRAFT OF THE FORM 990 IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. COPIES OF THE FILED VERSION OF THE 990 AS WELL AS THE PUBLIC DISCLOSURE VERSION ARE KEPT ON FILE AT THE UNIVERSITY. THE PUBLIC DISCLOSURE VERSION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF HIS/HER ORIENTATION PACKAGE, EACH NEW MEMBER OF THE BOARD OF TRUSTEES RECEIVES A COPY OF THE GOLDEN GATE UNIVERSITY CONFLICT OF INTEREST POLICY, ACCOMPANIED BY THE CONFLICT OF INTEREST POLICY QUESTIONNAIRE. PRIOR TO THE NEW TRUSTEE'S INDUCTION INTO THE BOARD, HE OR SHE SIGNS AND DATES THE FORM, AND SUBMITS IT TO THE SECRETARY OF THE BOARD FOR INCLUSION IN BOARD RECORDS. EACH YEAR, ALL TRUSTEES COMPLETE AN UPDATED CONFLICT OF INTEREST POLICY QUESTIONNAIRE, WHICH IS SUBMITTED TO THE SECRETARY OF THE BOARD FOR INCLUSION IN BOARD RECORDS. BOARD MEMBERS WHO FAIL TO SUBMIT AN UPDATED QUESTIONNAIRE MAY BE SUBJECT TO EXPULSION FROM GOLDEN GATE UNIVERSITY'S BOARD OF TRUSTEES. IF A CONFLICT IS BELIEVED TO EXIST, THE BOARD OF TRUSTEES OR ITS COMMITTEES WILL RESOLVE THE QUESTION IN THE ABSENCE OF THE POTENTIALLY INTERESTED PERSON. IF A CONFLICT EXISTS, THE TRUSTEE SHALL ABSTAIN FROM VOTING ON SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. EACH NEW FULL-TIME EMPLOYEE WILL RECEIVE, IN HIS OR HER ORIENTATION PACKAGE, A COPY OF THE GOLDEN GATE UNIVERSITY CONFLICT OF INTEREST POLICY ACCOMPANIED BY THE CONFLICT OF INTEREST POLICY QUESTIONNAIRE. THE NEW EMPLOYEE WILL SIGN AND DATE THE QUESTIONNAIRE WITHIN 30 DAYS OF HIS OR HER DATE OF HIRE AND SUBMIT IT TO THE HUMAN RESOURCES DEPARTMENT. THE QUESTIONNAIRE WILL BE FILED IN THE EMPLOYEE'S OFFICIAL PERSONNEL FILE MAINTAINED BY THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE WILL ADMINISTER THIS EXECUTIVE COMPENSATION POLICY BY: -ASSESSING THE NATURE AND SCOPE OF EACH OFFICER POSITION -ASSESSING THE BASIS FOR WHICH COMPENSATION IS PAID TO INDIVIDUALS HOLDING SUCH POSITIONS INCLUDING UNIQUE BACKGROUND, EXPERIENCE, PERSONAL SKILLS, EXCEPTIONAL PERFORMANCE, ADDITIONAL DUTIES AND ABILITIES, AND CHALLENGES FACING THE ORGANIZATION THAT REQUIRE THE USE OF SUCH ATTRIBUTES OR SKILLS -OBTAINING APPROPRIATE AND COMPARABLE COMPENSATION MARKET DATA INCLUDING DATA FROM THE FOLLOWING: - SIMILARLY SITUATED ORGANIZATIONS, BOTH FOR-PROFIT AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS - THE AVAILABILITY OF SIMILAR SPECIALTIES IN THE GEOGRAPHIC AREA - INDEPENDENT COMPENSATION SURVEYS BY NATIONALLY RECOGNIZED INDEPENDENT FIRMS VICE PRESIDENTS - THE BOARD OF TRUSTEES AUTHORIZES THE PRESIDENT TO ESTABLISH COMPENSATION RECOMMENDATIONS FOR THE PROVOST/VICE PRESIDENT OF ACADEMIC AFFAIRS AND THE CHIEF FINANCIAL OFFICER/VICE PRESIDENT OF BUSINESS AFFAIRS BASED ON HIS ASSESSMENT OF EACH INDIVIDUAL'S PERFORMANCE AND SCOPE OF THE POSITION AND COMPARABLE COMPENSATION MARKET DATA AS DESCRIBED ABOVE. THE EXECUTIVE COMMITTEE OF THE BOARD WILL THEN MEET WITH THE PRESIDENT TO DISCUSS AND REVIEW HIS RECOMMENDATIONS, AND APPROVE, REQUEST ADDITIONAL INFORMATION OR AMEND THE RECOMMENDATION ON THE BASIS OF THEIR DISCUSSIONS. PRESIDENT - THE EXECUTIVE COMMITTEE MEETS INDEPENDENT OF THE PRESIDENT TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD MEMBERS, STAFF, FACULTY, AND OTHER INFORMED COMMUNITY LEADERS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE PRESIDENT PRESENT, TO THE FULL BOARD FOR REVIEW AND APPROVAL. THE COMMITTEE AND/OR THE BOARD CHAIR (A MEMBER OF THE COMMITTEE) THEN MEET WITH THE PRESIDENT TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES, AND GOALS FOR THE UPCOMING YEAR. COMPENSATION FOR THE UPCOMING YEAR IS ALSO DISCUSSED AND DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST TO THE OFFICE OF THE CFO. IN ADDITION WE PROVIDE OUR AUDITED FINANCIAL STATEMENTS TO OUR BOND TRUSTEE AND THE U.S. DEPARTMENT OF EDUCATION. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,227,336. MANAGEMENT AND GENERAL EXPENSES 732,248. FUNDRAISING EXPENSES 3,601. TOTAL EXPENSES 1,963,185. TEMPORARY AGENCY SERVICES: PROGRAM SERVICE EXPENSES 61,853. MANAGEMENT AND GENERAL EXPENSES 139,840. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 201,693. CONSULTANTS: PROGRAM SERVICE EXPENSES 1,428,205. MANAGEMENT AND GENERAL EXPENSES 1,086,252. FUNDRAISING EXPENSES 74,523. TOTAL EXPENSES 2,588,980. PROFESSIONAL SERVICES OTHER: PROGRAM SERVICE EXPENSES 138,475. MANAGEMENT AND GENERAL EXPENSES 270. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 138,745. TEACH-OUT SERVICES: PROGRAM SERVICE EXPENSES 1,173,708. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,173,708. CHARITABLE REMAINDER TRUST (3) INVESTMENTS CA GOLDEN GATE UNIVERSITY T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0