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California State University Fresno Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 946003272 ✦ Fresno, CA ✦ Designated as a 501(c)(3)

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Overview

What is California State University Fresno Foundation?

The California State University Fresno Foundation is a nonprofit organization based in Fresno, California, with an address at 4910 N Chestnut Ave, ZIP code 93726. The Foundation's primary role is to manage and administrate funds for various departments, divisions, schools, and programs at California State University, Fresno. By receiving, holding, investing, and administering property, the Foundation facilitates expenditures for the benefit of the university. With a workforce of 1504 employees, it plays a crucial role in supporting the educational mission of California State University, Fresno.


Official website here: www.auxiliary.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The California State University Fresno Foundation has received a high rating of 96%, indicating strong performance in accountability and finance. This score is based entirely on its accountability measures, showcasing the foundation's commitment to transparency and responsible governance. A notable feature is the presence of a majority independent board, with 96% of its members independent, which enhances oversight and decision-making integrity.

Financially, the foundation demonstrates robust management, with an impressive program expense ratio of 83.09%, ensuring that a significant portion of funds supports its programs directly. Additionally, the foundation adheres to rigorous financial oversight standards, with no material diversion of assets reported. This reflects a strong commitment to protecting donor contributions and effective resource allocation.

While the foundation excels in several areas, the data primarily highlights its financial accountability and governance structures. There are no noted limitations in the provided information, but ongoing assessment of program impact could further enhance understanding of its overall effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is California State University Fresno Foundation legitimate?

California State University Fresno Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California State University Fresno Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $201,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,041,349

For more financial information, click here


Official website here: www.auxiliary.com

What is the mission statement of California State University Fresno Foundation?

The California State University Fresno Foundation serves the role of managing and investing funds for the benefit of California State University, Fresno. Its mission encompasses receiving, holding, and administering property, as well as making expenditures in support of the university. This foundation is instrumental in managing project funds for various departments, divisions, schools, and programs at CSUF, overseeing their administration.


Official website here: www.auxiliary.com

Who is the CEO of California State University Fresno Foundation?

Debbie Astone is the Principal Officer of California State University Fresno Foundation.


Official website here: www.auxiliary.com

What is the revenue of California State University Fresno Foundation?

California State University Fresno Foundation's revenue in 2022 was $96,362,649.


Official website here: www.auxiliary.com

Who are the executives of California State University Fresno Foundation and what are their salaries?

The average compensation at California State University Fresno Foundation during 2022 was $10,800. There are 1504 employees at California State University Fresno Foundation.


Here are 35 key members and their salaries:


Dr Saul Jimenez-Sandoval (Secretary)
  • Compensation: $0
  • Related: $360,045
  • Other: $127,599
Debbie Adishian-Astone (Executive Dir.)
  • Compensation: $0
  • Related: $267,864
  • Other: $117,331
Keith Kompsi (Dir Finl Serv)
  • Compensation: $0
  • Related: $124,489
  • Other: $76,993
Karri Hammerstrom (Project Director)
  • Compensation: $145,313
  • Related: $0
  • Other: $27,166
David Foster (Project Director)
  • Compensation: $118,784
  • Related: $0
  • Other: $25,282
Eduardo Gonzalez (Project Director)
  • Compensation: $108,616
  • Related: $0
  • Other: $23,501
Julian Gutierrez (Data Tech)
  • Compensation: $113,250
  • Related: $0
  • Other: $15,262
Margie Albers-Freil (Trainer)
  • Compensation: $117,516
  • Related: $0
  • Other: $0
Christopher Morse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Eric Hanson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Johanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Parnagian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darius Assemi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Horstmann Thru 7321 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Liao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurine Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claude C Laval Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Nalchajian-Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr William M Lyles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vinci Ricchiuti (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard F Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Stephenson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Emory Wishon Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dora Westerlund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nat Dibuduo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Eaton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Smittcamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joan Otomo-Corgel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Soares (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Ruiz-Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ruof (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Salazar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Shaughnessy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.auxiliary.com

Where can I find the form 990 for California State University Fresno Foundation?

California State University Fresno Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.auxiliary.com

Learn more at the official website: www.auxiliary.com

Mission Statement of California State University Fresno Foundation

The California State University Fresno Foundation serves as a vital partner to California State University, Fresno, by receiving, holding, investing, and administering property and making expenditures on its behalf. Established with a mission to support the university, the Foundation plays a crucial role in managing and allocating resources effectively for various departments, divisions, schools, and programs at CSUF.

In essence, the California State University Fresno Foundation acts as a financial intermediary, ensuring the efficient administration of project funds for the university. By taking on this responsibility, the Foundation enables California State University, Fresno to focus on its core academic mission, thereby enhancing the overall quality of education and research provided.

The Foundation's activities extend beyond just financial management. It is dedicated to making expenditures that benefit California State University, Fresno, in various ways, contributing to the university's growth and success. These expenditures can range from funding administrative functions to supporting research projects and initiatives that enrich the academic experience for students and faculty. With its unwavering commitment to the university, the California State University Fresno Foundation plays an essential role in fostering the continued development and progress of California State University, Fresno.

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Impact




October, 2024

California State University Fresno Foundation plays a crucial role in supporting the educational mission of California State University, Fresno. By receiving, holding, investing, and administering property, the Foundation ensures that essential resources are available for various departments, divisions, schools, and programs at the university.

The Foundation's activities facilitate the administration of project funds, allowing for effective allocation toward academic initiatives and student support services. This financial backing not only enhances the educational experience for students but also promotes research, community engagement, and overall institutional development. By making strategic expenditures for the benefit of CSUF, the Foundation contributes significantly to the ongoing advancement of the university, ultimately impacting the broader Fresno community and beyond through education and outreach.




This information is meant to be a general summary of California State University Fresno Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$96,362,649 (2022)
Expenses
$78,204,206 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,089,828
  • Program Service Revenue: $15,962,392
  • Gross Receipts: $104,328,479

Assets and Liabilities:

  • Total Assets: $300,137,511
  • Total Liabilities: $21,152,622
  • Net Assets: $278,984,889

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ENDOWMENT MANAGEMENT FEES

Revenue

$1,561,000

HANDLING FEES

Revenue

$178,206

INCOME FOR CAMPUS SUPPORT

Revenue

$10,814,346

NON-OPERATING REVENUE

Revenue

$3,408,840

Organization Details

Founding Year

1931

Principal Officer

Debbie Astone

Main Address

4910 N CHESTNUT AVE, FRESNO, CA, 93726

NTEE Category

Code: B110 - Education

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