2025-10-03T14:04:06-05:00 2025-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2024-07-01 990157509 SONOMA STATE UNIVERSITY FOUNDATION SONO 7076643251 1801 EAST COTATI AVE ROHNERT PARK CA 94928 AMANDA VISSER CFO 7076643251 2025-10-03 1 1 DEBRA D SMITH CPA P00646873 7604318440 2025-10-03 2024 2025-03-06 01:10:19Z AMANDA VISSER 1801 EAST COTATI AVE ROHNERT PARK CA 94928 19463618 0 X WWW.SONOMA.EDU X 1974 CA TO ADMINISTER GIFTS THAT ENHANCE AND PROMOTE SONOMA STATE UNIVERSITY'S EDUCATIONAL MISSION. 24 18 0 0 -8301 0 1338109 4518897 79027 42202 2251162 4970110 -26633 -8301 3641665 9522908 3748478 4295834 0 0 0 0 0 0 0 444719 557690 4193197 4853524 -551532 4669384 72662140 79778626 1973 4818 72660167 79773808 X THE FOUNDATION'S PRINCIPAL MISSION IS TO RECEIVE AND ADMINISTER ENDOWMENT GIFTS AND PLANNED GIVING THAT ENHANCE AND PROMOTE SONOMA STATE UNIVERSITY'S EDUCATIONAL MISSION. THE ACTIVITIES OF THE FOUNDATION ARE DIRECTED BY A BOARD OF COMMUNITY, STUDENT, FACULTY AND ADMINISTRATIVE REPRESENTATIVES. THE FOUNDATION IS A CALIFORNIA STATE UNIVERSITY AUXILIARY ORGANIZATION, AS DEFINED IN TITLE 5 OF THE CALIFORNIA CODE OF REGULATIONS. 0 0 4295834 4295834 CAMPUS AND SCHOLARSHIP PROGRAMS PROVIDE SUPPORT TO THE UNIVERSITY FOR STUDENTS AND PROGRAMS ALONG WITH ACTIVITIES RELATING TO INSTRUCTIONAL AND STUDENT ENRICHMENT. 42202 SPECIAL PROGRAMS ASSOCIATED PRIMARILY WITH ACADEMIC SUPPORT, STUDENT SERVICES AND INSTITUTIONAL SUPPORT. 4295834 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 1 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 2 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X THE ORGANIZATION 7076643251 1801 EAST COTATI AVE ROHNERT PARK CA 94928 ALI POURGHADIR BOARD VICE-CHAIR 1.00 X X 0 0 0 ROBERT U'REN BOARD CHAIR 5.00 X X 0 0 0 MARIO A PEREZ CHIEF EXECUTIVE OFFICER 10.00 40.00 X X 0 260357 77666 IAN HANNAH CHIEF OPERATING OFFICER & SECRETARY 10.00 40.00 X X 0 188691 68305 AMANDA VISSER CHIEF FINANCIAL OFFICER 10.00 40.00 X X 0 185280 66745 VANESSA SANCHEZ DIRECTOR 1.00 X 0 0 0 THOMAS GILLESPIE DIRECTOR 1.00 X 0 0 0 RANDY PENNINGTON DIRECTOR 1.00 X 0 0 0 MONIR AHMED DIRECTOR, VP OF ADMINISTRATION & FINANCE 1.00 40.00 X 0 282764 76741 MICHAEL SULLIVAN DIRECTOR 1.00 X 0 0 0 MARCELA PIEDRA DIRECTOR 1.00 X 0 0 0 MARASKESHIA SMITH DIRECTOR 1.00 X 0 0 0 LIBBY PAYAN DIRECTOR 1.00 X 0 0 0 EMILY CUTRER DIRECTOR, PRESIDENT SSU 1.00 40.00 X 0 153259 41093 KAREN MORANSKI DIRECTOR, PROVOST AND VP OF ACADEMIC AFFAIRS 1.00 40.00 X 0 285312 72424 ERNESTO OLIVARES DIRECTOR 1.00 X 0 0 0 DR ANDREA NEVES DIRECTOR 1.00 X 0 0 0 DAVID FELTE DIRECTOR 1.00 X 0 0 0 BRIGITTE LAHME DIRECTOR, SSU PROFESSOR, MATHEMATICS 1.00 40.00 X 0 134982 48496 BRENT THOMAS DIRECTOR 1.00 X 0 0 0 ASAD AJ FRANKLIN DIRECTOR 1.00 X 0 0 0 ANITA CHRISTMAS DIRECTOR 1.00 X 0 0 0 FRANK CHONG DIRECTOR 1.00 X 0 0 0 JOSEPH HUANG DIRECTOR 1.00 X 0 0 0 MING-TUNG MIKE LEE FORMER DIRECTOR, PRESIDENT SSU TERM 05/24 0.00 0.00 X 0 254874 67232 0 1745519 518702 0 1 1 0 0 4518897 129226 4518897 CAMPUS PROGRAMS 900099 42202 42202 42202 1611294 1611294 13299526 9940710 3358816 3358816 3358816 PARTNERSHIP K-1 INCOME 900099 -8301 -8301 -8301 9522908 42202 -8301 4970110 4295834 4295834 50267 50267 259463 259463 69793 69793 14603 14603 2435 2435 1450 1450 10861 10861 UNIVERSITY SERVICES 141219 0 141219 0 OTHER EXPENSES 7181 0 7181 0 HOSPITALITY 418 0 418 0 4853524 4295834 557690 0 243642 580895 393938 96913 1462058 2226390 49286075 53753237 20274519 22074801 1001908 1046390 72662140 79778626 1973 4818 1973 4818 X 0 0 0 0 72660167 79773808 72660167 79773808 72662140 79778626 X 4669384 2435956 8301 X 0 1 X 1 0 X 2656945 5746473 5743459 1338109 4518897 20003883 2656945 5746473 5743459 1338109 4518897 20003883 9285060 10718823 824081 918943 932604 1338458 1611294 5625380 2566 117679 0 120245 25749508 311115 0.41630 0.42780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49920639 1968499 7148147 7457936 51579349 49704993 898853 6880934 7564141 49920639 49382194 424484 -101685 49704993 44825806 3629186 927202 49382194 40729139 1581754 2514913 44825806 1.00000 1 0 0 15428600 F REAL ASSETS AND COMMODITIES 4513749 F CSU CONSOLIDATED SWIFT POOL 2086753 F ANNUITY AND LIFE INSURANCE 45699 F 22074801 X 11707702 2435956 2435956 9271746 259463 -8301 251162 9522908 4594061 0 4594061 259463 259463 4853524 PART V, LINE 4: THESE ENDOWMENTS PROVIDE A PERPETUAL STREAM OF ANNUAL INCOME IN SUPPORT OF UNIVERSITY ACADEMIC AND ACADEMIC-RELATED PROGRAMS AND SCHOLARSHIPS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND INCOME TAX UNDER SECTION 23701(D) OF THE REVENUE AND TAXATION CODE. CONTINUANCE OF SUCH EXEMPTION IS SUBJECT TO COMPLIANCE WITH LAWS AND REGULATIONS OF THE TAXING AUTHORITIES. THE FOUNDATION UTILIZES ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENTS OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2025 AND 2024 AND THEREFORE, NO AMOUNTS HAVE BEEN ACCRUED. THE FOUNDATION FILES INCOME TAX RETURNS IN THE UNITED STATES AND VARIOUS STATE AND LOCAL JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAAP/TAX DIFFERENCE PARTNERSHIP K-1 UBI -8,301. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, HEDGE FUNDS PRIVATE EQUITY INVESTMENTS 9553224 0 0 0 0 0 0 9553224 0 9553224 1 0 0 0 1 0 1 SONOMA STATE UNIVERSITY 1801 EAST COTATI AVE ROHNERT PARK CA 94928 680338225 501(C)(3) 4295834 0 PROGRAM SUPPORT 1 0 SCHEDULE I, PART I, LINE 2 SONOMA STATE UNIVERSITY FOUNDATION'S PURPOSE IS TO ENHANCE AND PROMOTE SONOMA STATE UNIVERSITY'S EDUCATIONAL MISSION. AS SUCH, ALL GRANTS OR ASSISTANCE ARE PROVIDED ONLY TO SONOMA STATE UNIVERSITY AND ITS AFFILIATES TO FULFILL ITS EXEMPT EDUCATIONAL PURPOSE. THE USE OF GRANT FUNDS FROM THE FOUNDATION TO THE UNIVERSITY ARE MONITORED THROUGH THE UNIVERSITY'S ESTABLISHED POLICIES. X 1 0 0 0 0 0 0 0 0 0 0 MONIR AHMED DIRECTOR, VP OF ADMINISTRATION & FIN 0 282764 0 0 0 0 0 47676 0 29065 0 359505 0 0 KAREN MORANSKI DIRECTOR, PROVOST AND VP OF ACADEMIC 0 285312 0 0 0 0 0 47837 0 24587 0 357736 0 0 MARIO A PEREZ CHIEF EXECUTIVE OFFICER 0 260357 0 0 0 0 0 47037 0 30629 0 338023 0 0 MING-TUNG MIKE LEE FORMER DIRECTOR, PRESIDENT SSU TERM 0 178711 0 0 0 76163 0 55940 0 11292 0 322106 0 0 IAN HANNAH CHIEF OPERATING OFFICER & SECRETARY 0 188691 0 0 0 0 0 55976 0 12329 0 256996 0 0 AMANDA VISSER CHIEF FINANCIAL OFFICER 0 185280 0 0 0 0 0 54966 0 11779 0 252025 0 0 EMILY CUTRER DIRECTOR, PRESIDENT SSU 0 123259 0 0 0 30000 0 33069 0 8024 0 194352 0 0 BRIGITTE LAHME DIRECTOR, SSU PROFESSOR, MATHEMATICS 0 134982 0 0 0 0 0 36220 0 12276 0 183478 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY SERVES ON THE BOARD OF DIRECTORS FOR THE FOUNDATION AND RECEIVES A HOUSING ALLOWING FROM SONOMA STATE UNIVERSITY. PART I, LINE 3 SONOMA STATE UNIVERSITY FOUNDATION DOES NOT HAVE ANY EMPLOYEES. SONOMA STATE UNIVERSITY, A RELATED ORGANIZATION, DOES COMPENSATE EMPLOYEES. SONOMA STATE UNIVERSITY HAS A FORMAL COMPENSATION REVIEW POLICY AND UNIVERSITY POLICIES ARE ESTABLISHED AND FOLLOWED BY UNIVERSITY EMPLOYEES. X 3 129226 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE DRAFT RETURN FOR ACCURACY AND REASONABLENESS WHO THEN MAKES THE DRAFT AVAILABLE TO THE BOARD TO REVIEW AND MAKE INQUIRIES PRIOR TO FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, THE FOUNDATION'S ATTORNEY MEETS WITH THE BOARD TO DISCUSS CONFLICT OF INTEREST AND WHAT IT MEANS. THE POLICY IS REVIEWED AND ALL BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO DISCLOSE ANY CONFLICTS BEFORE SIGNING A STATEMENT THAT IS KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15 SONOMA STATE UNIVERSITY FOUNDATION, INC. DOES NOT HAVE ANY EMPLOYEES. SONOMA STATE UNIVERSITY A RELATED ORGANIZATION, DOES COMPENSATE EMPLOYEES. SONOMA STATE UNIVERSITY HAS A FORMAL COMPENSATION REVIEW POLICY AND UNIVERSITY POLICIES ARE ESTABLISHED AND FOLLOWED BY ALL UNIVERSITY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND CAN ALSO BE FOUND ON THE ORGANIZATIONS' WEBSITE. FORM 990, PART XI, LINE 9: GAAP/TAX DIFFERENCE PARTNERSHIP K-1 UBI 8,301. SONOMA STATE UNIVERSITY 1801 EAST COTATI AVE ROHNERT PARK CA 94928 680338225 HIGHER EDUCATION CA 501(C)(3) LINE 2 N/A 0 SONOMA STATE ENTERPRISES INC 1801 EAST COTATI AVE ROHNERT PARK CA 94928 942342146 SUPPORT SONOMA STATE UNIVERSITY CA 501(C)(3) LINE 11 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0