Nonprofit · EIN 94-1358307
LEGACY FUNDS OF HOLY NAMES UNIVERSITY
Also known as HOLY NAMES UNIVERSITY
Tax-exempt · OAKLAND, CA 94601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,314,693 | $1,787,352 | -$472,659 | $73,340,341 | $586,074 | $72,754,267 |
| June 30, 2024 | 990 | $6,399,597 | $6,923,651 | -$524,054 | $68,805,953 | $692,167 | $68,113,786 |
| June 30, 2023 | 990 | $94,795,030 | $58,740,783 | $36,054,247 | $69,754,154 | $3,939,474 | $65,814,680 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $26,588
- Program service revenue
- $0
- Investment income
- $1,288,105
- Net gain from sales of assets
- $869,212
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $377,120
- Compensation of officers, directors and key employees
- $105,000
- Other salaries and wages
- $149,379
- Salaries, compensation and benefits (total)
- $335,119
- Professional fundraising fees
- $0
- Legal fees
- $164,691
- Accounting fees
- $359,944
- Program services (functional)
- $767,451
- Management and general (functional)
- $967,841
- Fundraising (functional)
- $52,060
Balance sheet and other
- Total assets, start of year
- $68,805,953
- Total assets, end of year
- $73,340,341
- Total liabilities, end of year
- $586,074
- Net assets, end of year
- $72,754,267
- Publicly traded securities
- $6,298,055
- Net assets without donor restrictions
- $6,087,704
- Net assets with donor restrictions
- $66,666,563
- Gross receipts
- $9,488,325
- Employees
- 4
- Volunteers
- 7
- Year formed
- 1880
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL SELLMAN | EXECUTIVE DIRECTOR - End April 2025 Trustee or director, Officer | 30 | $105,000 |
| STEVEN BORG | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| LOUIS CHICOINE | TREASURER Trustee or director, Officer | 1 | $0 |
| JEAN DOWDALL | SECRETARY Trustee or director | 1 | $0 |
| BARBARA BRAY SNJM | TRUSTEE Trustee or director | 1 | $0 |
| CYNTHIA CANNING SNJM | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL GROENER | FORMER PRESIDENT Former | 40 | $157,985 |
| CAROL SELLMAN SNJM | ACTING PRESIDENT Trustee or director, Officer | 40 | $112,391 |
| JEANINE HAWK | CFO (THRU 11/30/23) Officer | 40 | $32,308 |
| STEVE BORG | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| BARBARA A BRAY SNJM | TRUSTEE Trustee or director | 1 | $0 |
| CYNTHIA CANNING SNJM | TRUSTEE Trustee or director | 1 | $0 |
| LOUIS D CHICOINE | TRUSTEE Trustee or director | 1 | $0 |
| JEAN DOWDALL | TRUSTEE Trustee or director | 1 | $0 |
| RACHEL O'DWYER FLYNN | TRUSTEE Trustee or director | 1 | $0 |
| LARRY GARCIA | TRUSTEE Trustee or director | 1 | $0 |
| TIFFIN GROFF | TRUSTEE Trustee or director | 1 | $0 |
| BETH LIEBERT SNJM | TRUSTEE Trustee or director | 1 | $0 |
| KATHLEEN ROSS SNJM | TRUSTEE Trustee or director | 1 | $0 |
| NICKI JEAN THOMAS SNJM | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL GROENER | PRESIDENT (THRU 1/29/23) Trustee or director, Officer | 40 | $226,964 | $43,075 |
| MARY BOIVIN-MCGHEE | VP, OFFICE OF INST. ADVANCEMENT Highest-paid employee | 40 | $212,966 | $25,129 |
| LAURA LYNDON | VP STUDENT AFFAIRS Key employee | 40 | $157,200 | $31,629 |
| LUIS GUERRA | VP FACILITIES AND EVENTS Key employee | 40 | $164,722 | $23,605 |
| KIM BOWERS | INTERIM PROVOST & VP ACADEMIC AFFAIR Key employee | 40 | $163,713 | $15,115 |
| MICHAEL GRANEY-MULHOLLAND | DEAN OF ACADEMIC SCHOOL Highest-paid employee | 40 | $145,945 | $27,000 |
| JEANINE HAWK | CFO Officer | 40 | $146,573 | $25,375 |
| JOHN HOFMANN | CHIEF OF STAFF/DIR INST EFF & RSRCH Highest-paid employee | 40 | $147,981 | $17,467 |
| KIMBERLY L MAYFIELD | DEAN OF ACADEMIC SCHOOL Highest-paid employee | 40 | $157,170 | $7,859 |
| SUZETTE MCCAIN | CONTROLLER Highest-paid employee | 40 | $145,779 | $12,773 |
| CAROL SELLMAN SNJM | ACTING PRESIDENT (STARTED 12/14/22) Trustee or director, Officer | 40 | $101,585 | $0 |
| STEVEN BORG | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BARBARA A BRAY SNJM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CYNTHIA CANNING SNJM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOUIS D CHICOINE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEAN DOWDALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RACHEL O'DWYER FLYNN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LARRY GARCIA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIFFIN GROFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH LIEBERT SNJM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHLEEN ROSS SNJM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NICKI JEAN THOMAS SNJM | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2648 INTERNATIONAL BLVD, OAKLAND, CA 94601-1506
- Principal officer (990 for 2024)
- SORAYA WRIGHT, 2648 INTERNATIONAL BLVD 301, 164, OAKLAND, CA 94601
- Signed the 990
- LOUIS CHICOINE, TREASURER
- Phone
- (510) 436-1000
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1358307 or by the name LEGACY FUNDS OF HOLY NAMES UNIVERSITY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The Legacy Funds of Holy Names University provides student scholarships to increase access to higher education for students representing marginalized communities in Oakland CA and the wider Bay Area. This purpose honors the legacy and values of the Sisters of the Holy Names of Jesus and Mary and the over 150-year history of education at Holy Names University.
Program accomplishments
- During Fiscal Year 2025 The Legacy Funds of Holy Names University provided 117 student scholarships to increase access to higher education for students representing marginalized communities in Oakland CA and the wider Bay Area. This purpose honors the legacy and values of the Sisters of the Holy Names of Jesus and Mary and the over 150-year history of education at Holy Names University.Expenses $767,451 · grants $377,120
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-1358307
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Exempt since
- 1973
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $73,340,341
- Income (IRS master file)
- $9,488,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,314,693 | $1,787,352 | $73,340,341 | IRS |
| 990 | June 2024 | $6,399,597 | $6,923,651 | $68,805,953 | IRS |
| 990 | June 2023 | $94,795,030 | $58,740,783 | $69,754,154 | XML |
| 990 | June 2022 | $45,475,653 | $58,228,641 | $77,770,166 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-1358307).
Questions about LEGACY FUNDS OF HOLY NAMES UNIVERSITY
- What is the EIN of LEGACY FUNDS OF HOLY NAMES UNIVERSITY?
- The employer identification number (EIN) of LEGACY FUNDS OF HOLY NAMES UNIVERSITY is 94-1358307.
- Is LEGACY FUNDS OF HOLY NAMES UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Which annual return does LEGACY FUNDS OF HOLY NAMES UNIVERSITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEGACY FUNDS OF HOLY NAMES UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEGACY FUNDS OF HOLY NAMES UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LEGACY FUNDS OF HOLY NAMES UNIVERSITY?
- The 990 for the year ended June 30, 2025 names SORAYA WRIGHT.
- Who are the officers and directors of LEGACY FUNDS OF HOLY NAMES UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $105,000 (CAROL SELLMAN, EXECUTIVE DIRECTOR - End April 2025).
- How much revenue does LEGACY FUNDS OF HOLY NAMES UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,314,693, expenses of $1,787,352 and total assets of $73,340,341 at year end.
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