2026-05-01T15:47:32-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2024-07-01 912164193 VANGUARD UNIVERSITY FOUNDATION VANG 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 MWAYI KANJADZA CHIEF FINANCIAL OFFICER 7145563610 2026-05-01 1 0 JANE COLEMAN P01391236 8586271400 2024 2025-03-06 01:10:19Z JUSTIN MCINTEE 55 FAIR DRIVE COSTA MESA CA 92626 39302493 0 X WWW.VANGUARD.EDU X 2001 CA TO SUPPORT VANGUARD UNIVERSITY ENDOWED SCHOLARSHIP PROGRAMS. 19 15 0 42 -734 0 679567 33918619 0 0 487211 1599001 0 0 1166778 35517620 537473 722822 0 0 0 0 0 0 0 86653 72412 624126 795234 542652 34722386 17489859 52758987 0 0 17489859 52758987 THE VANGUARD UNIVERSITY FOUNDATION SUPPORTS THE UNIVERSITY THROUGH FUNDRAISING AND MANAGEMENT OF THE ENDOWMENT. FOUNDATION DIRECTORS ARE DISTINGUISHED MEMBERS OF THE COMMUNITY, PRIMARILY OF ORANGE COUNTY, WHO SUPPORT THE MISSION OF VANGUARD AS AMBASSADORS AND DONORS. 0 0 722822 722822 0 THE FOUNDATION ADMINISTERS THE VARIOUS ENDOWED SCHOLARSHIP PROGRAMS THAT PROVIDE NEEDED AID TO VANGUARD UNIVERSITY CURRENT STUDENTS, REDUCING THE GAP BETWEEN THE COST OF A COLLEGE EDUCATION AND THE FAMILY'S ABILITY TO CONTRIBUTE. 722822 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X CLAUDIA LIMA 7146196670 55 FAIR DRIVE COSTA MESA CA 92626 MICHAEL BEALS DIRECTOR PRESIDENT-VANGUARD UNIVERSITY 2.00 40.00 X 0 299933 128753 JUSTIN MCINTEE PRESIDENT-FOUNDATION 2.00 40.00 X X 0 152838 104649 JEREMY MOSER TREASURER (THRU 08/24) 2.00 40.00 X X 0 83679 97611 MICHAEL PEARLMAN TREASURER 2.00 40.00 X X 0 153255 26777 KENDALL KASPER CHAIRMAN 1.00 1.00 X X 0 0 0 REBECCA BORJAS DIRECTOR 1.00 0.00 X 0 0 0 ANGELA CARLSON-DAVIS DIRECTOR 1.00 0.00 X 0 0 0 EMMANUEL HYPPOLITE DIRECTOR 1.00 0.00 X 0 0 0 ANDREW JOHNSTON DIRECTOR 1.00 0.00 X 0 0 0 STEPHANIE KEARNS DIRECTOR 1.00 0.00 X 0 0 0 ROB KNUTSEN DIRECTOR 1.00 0.00 X 0 0 0 BONNIE LIVINGSTON DIRECTOR 1.00 1.00 X 0 0 0 LAUREN MCGUNIGALE DIRECTOR 1.00 0.00 X 0 0 0 ROSS NELSON DIRECTOR 1.00 0.00 X 0 0 0 NICKLAUS PETERSON DIRECTOR 1.00 0.00 X 0 0 0 JIM PEUGH DIRECTOR 1.00 1.00 X 0 0 0 MIKE ROBERTS DIRECTOR 1.00 0.00 X 0 0 0 SCOTT ROBINETTE DIRECTOR 1.00 0.00 X 0 0 0 ROCKY SOLIDAY DIRECTOR 1.00 0.00 X 0 0 0 NICKOLE VANDER DUSSEN DIRECTOR (THRU 09/24) 1.00 0.00 X 0 0 0 RICHARD VARNELL DIRECTOR 1.00 0.00 X 0 0 0 0 689705 357790 0 0 1 0 0 33918619 17357850 33918619 630060 -734 630794 4753814 3784873 968941 968941 968941 35517620 0 -734 1599735 722822 722822 72412 72412 795234 722822 72412 0 1172187 2098451 87222 26235070 15404324 23583322 826126 842144 17489859 52758987 0 0 X 17489859 52758987 17489859 52758987 17489859 52758987 X 34722386 615913 -69171 X 0 1 X 1 0 X X 1 VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 956002998 2 1 722822 0 1 722822 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17489859 33918619 2145743 722822 72412 52758987 15604659 679567 1829759 537473 86653 17489859 8772336 6214626 994367 325398 51272 15604659 9809045 379851 -1121582 219444 75534 8772336 7452251 455864 2240747 287247 52570 9809045 0.00000 0.88000 0.12000 0 0 0 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT ASSETS ARE INVESTED IN A POOLED INVESTMENT FUND. THE EARNINGS ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS OF ITS RELATED ORGANIZATION, VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA. PART X, LINE 2: IN ACCORDANCE WITH PROVISIONS OF U.S. GAAP, THE UNIVERSITY AND ITS AFFILIATES HAD NO UNCERTAIN TAX POSITIONS AND/OR OBLIGATIONS AT JUNE 30, 2025 AND 2024. THE UNIVERSITY AND ITS AFFILIATES FILE INFORMATIONAL RETURNS AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURNS IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. 1 VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 55 FAIR DRIVE COSTA MESA CA 92626 956002998 501(C)(3) 722822 0 SCHOLARSHIPS 1 0 PART I, LINE 2: THE FOUNDATION IS A SUPPORTING ORGANIZATION OF THE UNIVERSITY. THE GRANTS ARE FOR SCHOLARSHIPS WHICH ARE AWARDED THROUGH THE UNIVERSITY'S SCHOLARSHIP APPROVAL PROCESS. 0 0 0 0 0 0 0 0 0 MICHAEL BEALS DIRECTOR PRESIDENT-VANGUARD UNIVERSITY 0 287933 0 0 0 12000 0 29380 0 99373 0 428686 0 0 JUSTIN MCINTEE PRESIDENT-FOUNDATION 0 140838 0 0 0 12000 0 6587 0 98062 0 257487 0 0 JEREMY MOSER TREASURER (THRU 08/24) 0 83679 0 0 0 0 0 13953 0 83658 0 181290 0 0 MICHAEL PEARLMAN TREASURER 0 153255 0 0 0 0 0 6931 0 19846 0 180032 0 0 PART I, LINE 3 THE FOUNDATION DOES NOT PAY THE PRESIDENT, OTHER OFFICERS OR KEY EMPLOYEES. THE PARENT ORGANIZATION, THE UNIVERSITY, ESTABLISHES AND PAYS SUCH COMPENSATION. THE FOUNDATION RELIES ON THE UNIVERSITY'S METHODS TO ESTABLISH COMPENSATION FOR THE PRESIDENT. COMPENSATION IS DETERMINED FOR THE PRESIDENT BY USING COMPARABLE DATA AND COMPENSATION SURVEYS BASED ON LIKE UNIVERSITIES, WHICH IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD. X 1 12270600 FMV X 1 5087250 FMV 0 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 1A THE FOUNDATION BOARD SHALL ESTABLISH AN EXECUTIVE COUNCIL, WHICH SHALL CONSIST OF THE CHAIR, OF THE BOARD OF DIRECTORS (WHO SHALL ALSO SERVE AS CHAIR OF THE COUNCIL), THE IMMEDIATE PAST CHAIR, ALL OFFICERS OF THE FOUNDATION BOARD, AND THE CHAIRS OF THE STANDING COUNCILS. THE FOUNDATION BOARD CHAIR MAY ALSO NOMINATE ADDITIONAL COUNCIL MEMBERS, WHO ARE OR WILL BE SERVING AS CHAIRS OF OTHER COUNCILS ESTABLISHED BY THE FOUNDATION BOARD. IN ADDITION, THE FOUNDATION BOARD MAY, AT ITS DISCRETION, APPOINT UP TO THREE AT-LARGE MEMBERS FROM THE BOARD OF DIRECTORS. CANDIDATES NOMINATED BY THE FOUNDATION BOARD CHAIR, AND ATLARGE MEMBERS SHALL BE ELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COUNCIL SHALL FORMULATE, SUPERVISE AND IMPLEMENT THE POLICIES OF THE CORPORATION UNDER THE DIRECTION OF THE FOUNDATION BOARD AND BETWEEN THE MEETINGS OF THE FOUNDATION BOARD AND WHILE THE FOUNDATION BOARD IS NOT IN SESSION AND SHALL HAVE ALL THE POWER AND EXERCISE ALL THE DUTIES OF THE FOUNDATION BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION EXCEPT TO SELECT AND REMOVE ALL THE OTHER OFFICERS, AGENTS, AND EMPLOYEES OF THE CORPORATION, PRESCRIBE POWERS AND DUTIES FOR THEM AS MAY NOT BE INCONSISTENT WITH LAW, THE ARTICLES, OR THESE BYLAWS AND TO BORROW MONEY AND INCUR INDEBTEDNESS FOR THE PURPOSES OF THE CORPORATION, AND TO CAUSE TO BE EXECUTED AND DELIVERED, THEREFORE, IN THE CORPORATE NAME, PROMISSORY NOTES, BONDS, DEBENTURES, DEEDS OF TRUST, MORTGAGES, PLEDGES, HYPOTHECATIONS, OR OTHER EVIDENCES OF DEBT AND SECURITIES. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION'S ONLY MEMBER SHALL BE VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA (THE UNIVERSITY). THE ACTION OF THE UNIVERSITY'S BOARD OF TRUSTEES SHALL CONSTITUTE THE ACTION OF THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE UNIVERSITY BOARD OF TRUSTEES HAVE THE RIGHT TO ELECT OR APPOINT ALL OF THE FOUNDATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE FOUNDATION WERE RESERVED TO THE UNIVERSITY WHERE THE UNIVERSITY'S BOARD OF TRUSTEES APPROVE THE ELECTION OR REMOVAL OF MEMBERS OF THE FOUNDATION'S GOVERNING BODY, TERMINATION OF THE FOUNDATION MUST BE RATIFIED BY THE UNIVERSITY, ANY PROPOSED AMENDMENT OR ADDITION TO THE FOUNDATION'S BYLAWS MUST BE RATIFIED AND APPROVED BY THE UNIVERSITY AND EACH YEAR THE FOUNDATION SHALL DISTRIBUTE TO THE UNIVERSITY AMOUNTS DETERMINED BY THE UNIVERSITY AS THE ENDOWMENT SPENDING RATE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT WITH THE ASSISTANCE OF AN INDEPENDENT ACCOUNTING FIRM. THE VANGUARD UNIVERSITY AUDIT COMMITTEE REVIEWS THE VANGUARD UNIVERSITY FOUNDATION'S PUBLIC DISCLOSURE COPY OF THE FORM 990 WHICH IS THEN PROVIDED TO THE FOUNDATION'S EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL DISCLOSURE REQUIRED BY ALL BOARD MEMBERS AND OFFICERS. ANY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICT ARE REVIEWED BY THE GOVERNING BODY, MEANING BOARD OF TRUSTEES OR FOUNDATION BOARD. IF A CONFLICT ARISES, THE PERSON RECUSES HIM OR HERSELF FROM DISCUSSION AND/OR VOTE ON THE TRANSACTION BEING DISCUSSED. THIS RECUSAL IS DOCUMENTED IN THE MEETING MINUTES. THERE HAVE BEEN NO KNOWN INCIDENCES IN WHICH THE INDIVIDUAL DID NOT RECUSE THEMSELVES DURING THIS REPORTING PERIOD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONSOLIDATED AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: K-1 PASSTHROUGH 734. INTERCOMPANY ENDOWMENT INVESTMENT INCOME -69,905. FORM 990, PART VI, SECTION B, LINE 15: THE FOUNDATION DOES NOT PAY THE PRESIDENT, OTHER OFFICERS OR KEY EMPLOYEES. THE PARENT ORGANIZATION, THE UNIVERSITY, ESTABLISHES AND PAYS SUCH COMPENSATION. VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 55 FAIR DRIVE COSTA MESA CA 92626 956002998 HIGHER EDUCATION CA 501(C)(3) LINE 2 0 SOUTHERN CALIFORNIA DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD 17951 COWAN IRVINE CA 92614 A DISTRICT OF THE GENERAL COUNCIL OF THE ASSEMBLIES OF GOD (USA) CA 501(C)(3) LINE 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA B 722822 CASH