President-Board Of Trustees Santa Clara College
- Assets
- $3.0b
- Revenue
- $543.7m
- Investments
- $1.1b
- Employees
- 4,763
- 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 06/2021, Santa Clara University employed 4,763 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 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $493.0m during the year ending 06/2021. While expenses have increased by 1.8% 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, Santa Clara University has awarded 56 individual grants totaling $827,141. 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
990T
Mission & Program ActivityExcerpts From the 990T 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:
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 8,551 STUDENTS CONSISTING OF 5,568 UNDERGRADUATE, 2,117 GRADUATE AND 866 LAW STUDENTS. IN 2021, THE UNIVERSITY AWARDED 2,582 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 | $725,974 | |
John Kerrigan Chief Investment Officer | Officer | 40 | $677,568 |
Jim Lyons VP For University Relations | Officer | 40 | $460,817 |
Lisa Kloppenberg Acting President | OfficerTrustee | 40 | $455,157 |
Donald Heider Executive Director | 40 | $431,554 | |
John Ottoboni Assistant Secretary, Sr. Legal Counsel & COO | Officer | 40 | $408,106 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Devcon Construction Inc Construction | 6/29/21 | $124,849,460 |
Bon Appetit - Santa Clara Food Services | 6/29/21 | $8,717,533 |
Able Building Maintenance Co Service | 6/29/21 | $2,057,584 |
Bei Construction Inc Construction | 6/29/21 | $1,724,152 |
Incline Alchemy Inc Service | 6/29/21 | $1,035,101 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,109 |
| Membership dues | $0 |
| Fundraising events | $116,618 |
| Related organizations | $462,376 |
| Government grants | $1,590,739 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,221,537 |
| Noncash contributions included in lines 1a–1f | $3,532,922 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,406,379 |
| Total Program Service Revenue | $410,662,863 |
| 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 organizations and domestic governments. | $114,500 |
| 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 of current officers, directors, key employees. | $3,599,632 |
| 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 | $3,880,235 |
| 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 |
| Net Land, buildings, and equipment | $1,117,229,293 |
| 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 | $856,401,825 |
| Net assets with donor restrictions | $1,453,161,195 |
| 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 | $2,958,910,318 |
Grants Awarded
Over the last fiscal year, President-Board Of Trustees Santa Clara College has awarded $114,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SANTA CLARA PURPOSE: DONATION FOR COMMUNITY SUPPORT | $75,000 |
Redwood City, CA PURPOSE: DONATIONS FOR SUPPORT OF THE HOOVER INSTITUTION AND THE SIEPR | $15,000 |
Corvallis, OR PURPOSE: SPONSORSHIP FOR WORLD FORUM | $11,500 |
Seaside, CA PURPOSE: SUPPORT FOR PANETTA INSTITUTE | $7,000 |
San Jose, CA PURPOSE: DONATION FOR COMMUNITY SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 56 grants that President-Board Of Trustees Santa Clara College has recieved totaling $12,663,458.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $6,644,153 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $1,222,475 |
The Seminar Network Inc Arlington, VA PURPOSE: General Operating Support | $1,203,300 |
New Venture Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $720,346 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $481,750 |
Koret Foundation San Francisco, CA PURPOSE: LEAD SCHOLARS PROGRAM | $474,640 |
Endowment Analysis
| Beg. Balance | $995,887,403 |
| Earnings | $518,220,847 |
| Admin Expense | $7,971,000 |
| Net Contributions | $13,116,787 |
| Other Expense | $22,275,950 |
| Grants | $16,268,598 |
| Ending Balance | $1,480,709,489 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chapman University Orange, CA | $2,132,825,456 | $697,718,019 |
Loyola Marymount University Los Angeles, CA | $1,676,232,440 | $723,872,616 |
Pepperdine University Malibu, CA | $2,047,744,709 | $580,174,202 |
University Of San Francisco San Francisco, CA | $1,277,161,356 | $554,812,646 |
University Of San Diego San Diego, CA | $1,513,056,957 | $520,612,377 |
President-Board Of Trustees Santa Clara College Santa Clara, CA | $2,958,910,318 | $543,668,030 |
National University San Diego, CA | $1,578,654,080 | $391,699,793 |
University Of The Pacific Stockton, CA | $1,331,534,766 | $478,311,062 |
Loma Linda University Loma Linda, CA | $1,843,254,584 | $350,502,232 |
Loma Linda University Shared Services Loma Linda, CA | $270,756,141 | $292,339,481 |
Azusa Pacific University Azusa, CA | $364,665,569 | $273,144,020 |
Biola University Inc La Mirada, CA | $495,437,445 | $217,190,577 |