Cal State Fullerton Philanthropic Foundation
- Assets
- $185.4m
- Revenue
- $61.2m
- Investments
- $7.7m
- Employees
- 0
- Location
- Fullerton, CA
- Founding
- 11/2006
- Data as of
- 06/2021
- EIN
- 33-0567945
Organization Overview
Cal State Fullerton Philanthropic Foundation is located in Fullerton, CA. The organization was established in 2006. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cal State Fullerton Philanthropic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Cal State Fullerton Philanthropic Foundation generated $61.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $8.4m during the year ending 06/2021. While expenses have increased by 0.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cal State Fullerton Philanthropic Foundation has awarded 25 individual grants totaling $20,734,858. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE PEOPLE AND PROGRAMS OF CALIFORNIA STATE UNIVERSITY, FULLERTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF ENDOWMENTS, SCHOLARSHIPS, GIFTS AND PUBLIC SUPPORT TO ASSIST CALIFORNIA STATE UNIVERSITY AT FULLERTON IN ITS EDUCATION ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Hensley Chair | OfficerTrustee | 4 | $0 |
Tam Nguyen Chair Elect | OfficerTrustee | 2 | $0 |
Kerri Ruppert Schiller Immediate Past Chair | OfficerTrustee | 2 | $0 |
Paul Treinen Vice Chair, Audit Committe | OfficerTrustee | 2 | $0 |
Gina Fales Vice Chair, Finance & Investment | OfficerTrustee | 2 | $0 |
Sonny Nguyen Co-Chair, Advocacy Committee | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $70,821 |
| Membership dues | $0 |
| Fundraising events | $97,612 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,442,051 |
| Noncash contributions included in lines 1a–1f | $2,327,054 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,610,484 |
| Total Program Service Revenue | $298,230 |
| Investment income | $2,167,977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,831 |
| Net Income from Fundraising Events | -$5,338 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,222,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,082,891 |
| Grants and other assistance to domestic individuals. | $57,436 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,104,867 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $477,684 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $83,081 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105,106 |
| Fees for services: Other | $0 |
| Advertising and promotion | $46,857 |
| Office expenses | $89,802 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $65,964 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $52,976 |
| All other expenses | $33,359 |
| Total functional expenses | $8,429,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,323 |
| Savings and temporary cash investments | $77,642,157 |
| Pledges and grants receivable | $6,066,562 |
| Accounts receivable, net | $131,505 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,350 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $93,338,418 |
| Investments—other securities | $7,714,571 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $484,194 |
| Total assets | $185,411,080 |
| Accounts payable and accrued expenses | $449,381 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $449,381 |
| Net assets without donor restrictions | $44,695,400 |
| Net assets with donor restrictions | $140,266,299 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $185,411,080 |
Grants Awarded
Over the last fiscal year, Cal State Fullerton Philanthropic Foundation has awarded $3,140,327 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA STATE UNIVERSITY FULLERTON PURPOSE: SCHOLARSHIPS | $2,971,566 |
Fullerton, CA PURPOSE: SCHOLARSHIPS | $151,261 |
Long Beach, CA PURPOSE: SCHOLARSHIPS | $17,500 |
Grants Recieved
Over the last fiscal year, we have identified 46 grants that Cal State Fullerton Philanthropic Foundation has recieved totaling $1,994,207.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $341,300 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $269,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $225,000 |
St Joseph Health System Foundation Irvine, CA PURPOSE: SPONSORSHIP | $150,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $110,109 |
Warne Family Charitable Foundation Irvine, CA PURPOSE: GENERAL USE | $100,000 |
Endowment Analysis
| Beg. Balance | $83,135,713 |
| Earnings | $13,477,191 |
| Admin Expense | $810,033 |
| Net Contributions | $12,408,028 |
| Other Expense | $1,334,489 |
| Grants | $861,352 |
| Ending Balance | $106,015,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |