President-Board Of Trustees Santa Clara College
- Assets
- $3.0b
- Revenue
- $543.7m
- Investments
- $1.1b
- Employees
- 4,492
- Location
- Santa Clara, CA
- Founding
- 01/1937
- Data as of
- 06/2021
- EIN
- 94-1156617
Organization Overview
President-Board Of Trustees Santa Clara College, operating under the name Santa Clara University, is located in Santa Clara, CA. The organization was established in 1937. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Santa Clara University employed 4,492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Clara University 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, Santa Clara University generated $543.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $493.0m during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 7 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, Santa Clara University has awarded 53 individual grants totaling $1,051,278. 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
SANTA CLARA UNIVERSITY IS A CATHOLIC AND JESUIT INSTITUTION THAT MAKES STUDENT LEARNING ITS CENTRAL FOCUS, PROMOTES FACULTY AND STAFF LEARNING IN ITS VARIOUS FORMS, AND EXHIBITS ORGANIZATIONAL LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANTA CLARA UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION OFFERING DEGREES AT THE UNDERGRADUATE AND GRADUATE LEVEL AND LAW DEGREES. THE UNIVERSITY CONSISTS OF THE COLLEGE OF ARTS AND SCIENCES, THE SCHOOL OF ENGINEERING, THE LEAVEY SCHOOL OF BUSINESS, THE SCHOOL OF EDUCATION AND COUNSELING PSYCHOLOGY, THE SCHOOL OF LAW, AND THE JESUIT SCHOOL OF THEOLOGY OF SANTA CLARA UNIVERSITY. CURRENT ENROLLMENT IS 8,918 STUDENTS CONSISTING OF 5,895 UNDERGRADUATE, 2,306 GRADUATE AND 717 LAW STUDENTS. IN 2022, THE UNIVERSITY AWARDED 2,546 DEGREES AT ALL ACADEMIC LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herbert Sendek Head Coach, Men's Basketball | 40 | $823,439 | |
John Kerrigan Chief Investment Officer | Officer | 40 | $707,485 |
Lisa Kloppenberg Acting President | OfficerTrustee | 50 | $599,936 |
Jim Lyons Vice President, University Relations | Officer | 40 | $482,949 |
Renee Baumgartner Executive Director, Athletics | 40 | $447,546 | |
Michael Crowley Asst. Treasurer, VP Finance & Admin | Officer | 40 | $422,512 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Devcon Construction Inc Construction | 6/29/22 | $66,050,090 |
Bon Appetit - Santa Clara Food Services | 6/29/22 | $8,803,753 |
Everspring Inc Digital Educational Services | 6/29/22 | $6,863,528 |
Color Health Inc Health Testing | 6/29/22 | $3,034,000 |
Scelc Library Subscription Services | 6/29/22 | $2,358,847 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,406,379 |
| Investment income | $15,492,861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,104,898 |
| Net Income from Fundraising Events | $1,029 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $543,668,030 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $120,506,724 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,441,690 |
| Compensation to disqualified persons | $76,105 |
| Other salaries and wages | $174,728,369 |
| Pension plan accruals and contributions | $8,586,855 |
| Other employee benefits | $41,381,655 |
| Payroll taxes | $6,505,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,669,890 |
| Fees for services: Accounting | $296,900 |
| Fees for services: Lobbying | $4,021 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,098,218 |
| Fees for services: Other | $21,416,981 |
| Advertising and promotion | $1,659,030 |
| Office expenses | $6,331,671 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,895,496 |
| Travel | $1,785,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,082,142 |
| Interest | $10,255,717 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,379,498 |
| Insurance | $5,748,640 |
| All other expenses | $0 |
| Total functional expenses | $492,968,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,503,431 |
| Savings and temporary cash investments | $47,357,511 |
| Pledges and grants receivable | $62,693,230 |
| Accounts receivable, net | $5,483,909 |
| Loans from Officers, Directors, or Controlling Persons | $354,337 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $741,321 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $502,178,729 |
| Investments—other securities | $1,135,683,367 |
| Investments—program-related | $2,829,699 |
| Intangible assets | $0 |
| Other assets | $29,855,491 |
| Total assets | $2,958,910,318 |
| Accounts payable and accrued expenses | $66,095,819 |
| Grants payable | $0 |
| Deferred revenue | $31,686,460 |
| Tax-exempt bond liabilities | $335,006,601 |
| 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 | $216,558,418 |
| Total liabilities | $649,347,298 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,309,563,020 |
Grants Awarded
Over the last fiscal year, President-Board Of Trustees Santa Clara College has awarded $372,725 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SANTA CLARA PURPOSE: DONATION FOR COMMUNITY SUPPORT | $75,000 |
ST PATRICK SCHOOL PURPOSE: DONATION FOR IPAD PURCHASES FOR ST PATRICK SCHOOL | $21,577 |
INTERNATIONAL FOOD & AGRIBUSINESS MANAGEMENT ASSOCIATION (IFAMA) PURPOSE: SPONSORSHIP FOR IFAMA 2022 WORLD CONFERENCE | $10,000 |
THE PANETTA INSTITUTE FOR PUBLIC POLICY PURPOSE: SUPPORT FOR PANETTA INSTITUTE | $20,000 |
THE STEPHEN C & PATRICIA A SCHOTT FOUNDATION PURPOSE: SUPPORT FOR SCHOTT FOUNDATION | $12,600 |
CATHOLIC CHARITIES OF SANTA CLARA COUNTY PURPOSE: SUPPORT SERVICES PROVIDED BY THE CATHOLIC CHARITIES | $75,000 |