SAN FRANCISCO STATE UNIVERSITY FOUNDATION

EIN: 261169717 501(c)(3) Education

SAN FRANCISCO, CA

Total Revenue
$12,004,405
Total Expenses
$14,130,844
Total Assets
$165,850,476
Net Assets
$165,738,271
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
JEFF JACKANICZ
Phone
4153381706
Tax Period
2022-07-01 to 2023-06-30

SAN FRANCISCO STATE UNIVERSITY FOUNDATION, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $12.0M in total revenue in fiscal year 2022. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $14.1M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE FOUNDATION IS FORMED FOR THE FOLLOWING SPECIFIC PURPOSES: (A) TO DEVELOP AND INCREASE THE FACILITIES OF SAN FRANCISCO STATE UNIVERSITY ("SFSU") FOR BROADER EDUCATIONAL OPPORTUNITIES AND SERVICE TO STUDENTS, ALUMNI, AND THE CITIZENS OF THE STATE OF CALIFORNIA BY ENCOURAGING GIFTS TO SFSU OF MONEY, PROPERTY, WORKS OF ART, HISTORICAL PAPERS AND DOCUMENTS, MUSEUM SPECIMENS OF EDUCATIONAL, ARTISTIC OR HISTORICAL VALUE AND ANY OTHER ASSETS OF VALUE OF ANY DESCRIPTION; (B) TO PROVIDE FUNDING FOR SCIENTIFIC, ECONOMIC, AND OTHER TYPES OF RESEARCH AT SF STATE; (C) TO PROVIDE FUNDING FOR THE ESTABLISHMENT OF SCHOLARSHIPS AND OTHER STUDENT ASSISTANCE PROGRAMS TO SFSU FROM SOURCES OTHER THAN THOSE FROM WHICH THE STATE OF CALIFORNIA ORDINARILY MAKES APPROPRIATIONS TO SFSU; AND (D) TO PROVIDE ADVISORY COUNCIL AND ASSISTANCE TO THE PRESIDENT OF SFSU.

Program Service Accomplishments

Program 1
Expenses: $12,782,086 Revenue: $1,824,647

THE FOUNDATION'S MAIN PROGRAM IS MANAGING ENDOWMENTS FOR SFSU. THE FOUNDATION MANAGES OVER $150,000,000 IN ENDOWMENTS. A FEW OF THE ENDOWMENTS:G&J MARCUS AWARDS FUND FOR EXCELLENCE IN FACULTY AND...

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THE FOUNDATION'S MAIN PROGRAM IS MANAGING ENDOWMENTS FOR SFSU. THE FOUNDATION MANAGES OVER $150,000,000 IN ENDOWMENTS. A FEW OF THE ENDOWMENTS:G&J MARCUS AWARDS FUND FOR EXCELLENCE IN FACULTY AND STUDENT RESEARCH , THIS ENDOWMENT PROVIDED $281,000 FINANCIAL SUPPORT FOR STUDENTS AND FACULTY RESEARCH AND CREATIVE PROJECTS. MARCUS ENDOWED CHAIR IN CINEMA#2, THIS ENDOWMENT PROVIDES SUPPORT FOR A SECOND ENDOWED CHAIR IN CINEMA AND PROVIDES RESOURCES FOR SCHOLARLY ENDEAVORS. SUPPORT OF $161,000 WAS PROVIDED IN FY 22-23RICHARD AND RHODA GOLDMAN CHAIR ISRAEL STUDIES PROVIDED $144,000 IN FUNDING TO PROVIDE SALARY SUPPORT AND TRAVEL.THE FOUNDATION WAS ABLE TO MEET DONOR INTENT BY PROVIDING $5.8 MILLION IN SCHOLARSHIPS AND COLLEGE DEPARTMENT SUPPORT IN FY 2022-2023.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,442,323
Program Service Revenue $1,824,647
Investment Income $6,737,161
Other Revenue $274
TOTAL REVENUE $12,004,405

Expense Breakdown

Grants Paid $9,694,102
Salaries & Benefits $583,813
Fundraising Expenses $0
Program Expenses $12,782,086
Other Expenses $3,852,929
TOTAL EXPENSES $14,130,844

Year-over-Year Comparison

2022 2021 Change
Revenue $12,004,405 $9,444,950 +0.3%
Expenses $14,130,844 $10,553,333 +0.3%
Net Income $-2,126,439 $-1,108,383 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
34
Independent Members
30
Employees
N/A
Volunteers
37

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$597,719
Total Directors
38
$1,679,761
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN MAHONEY EX-OFFICIO (VOTING) 3.00
Director
$0 $117,269 $590,239
AMY SUEYOSHI DIRECTOR 1.00
Director
$0 $88,163 $341,896
JEFF WILSON EX-OFFICIO (VOTING) 1.00
Director
$0 $105,051 $384,853
JEFF JACKANICZ BOARD PRESIDENT 21.00
Officer Director
$0 $66,875 $346,854
KIMBERLY BRANDON IMMEDIATE PAST CHAIR 2.00
Officer Director
$0 $0 $0
MARY HUSS BOARD VICE-CHAIR 1.00
Officer Director
$0 $0 $0
AMY CHAN DIRECTOR 1.00
Director
$0 $0 $0
CAMILLA SMITH DIRECTOR 1.00
Director
$0 $0 $0
CORAETTA SMITH DIRECTOR 1.00
Director
$0 $0 $0
DANA CORVIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID LUCIEN SIMON DIRECTOR (THRU 01/23) 1.00
Director
$0 $0 $0
DAVID SERRANO SEWELL DIRECTOR 1.00
Director
$0 $0 $0
DEBRA PLOUSHA MOORE DIRECTOR 1.00
Director
$0 $0 $0
DENNIS O'DONNELL DIRECTOR (THRU 12/22) 1.00
Director
$0 $0 $0
DON ENDO DIRECTOR 1.00
Director
$0 $0 $0
DON NASSER DIRECTOR 1.00
Director
$0 $0 $0
DOTTIE SIMMONS DIRECTOR 1.00
Director
$0 $0 $0
GREG COSKO DIRECTOR 1.00
Director
$0 $0 $0
HERB MYERS DIRECTOR (THRU 12/22) 1.00
Director
$0 $0 $0
KARINA ZAMORA STUDENT DIRECTOR 1.00
Director
$0 $0 $15,919
JOHN GUMAS DIRECTOR 1.00
Director
$0 $0 $0
TAYLOR SAFFORD DIRECTOR 1.00
Director
$0 $0 $0
JUDY MARCUS DIRECTOR 1.00
Director
$0 $0 $0
LEONA BRIDGES DIRECTOR 1.00
Director
$0 $0 $0
LISA WHITE DIRECTOR 1.00
Director
$0 $0 $0
MARSHA ROSENBAUM DIRECTOR 1.00
Director
$0 $0 $0
SHELDON GEN DIRECTOR 1.00
Director
$0 $0 $0
NANCY FUDEM DIRECTOR (THRU 12/22) 1.00
Director
$0 $0 $0
PATRICIA SIGUENZA DIRECTOR 1.00
Director
$0 $0 $0
RUSS STANLEY DIRECTOR 1.00
Director
$0 $0 $0
TED GRIGGS DIRECTOR 1.00
Director
$0 $0 $0
TERI JACKSON DIRECTOR 1.00
Director
$0 $0 $0
VINCE ANICETTI DIRECTOR 1.00
Director
$0 $0 $0
WILLIE L BROWN JR DIRECTOR 1.00
Director
$0 $0 $0
GULSHAN KUMAR DIRECTOR 1.00
Director
$0 $0 $0
DANA NEUMANN DIRECTOR 1.00
Director
$0 $0 $0
NEDA NOBARI DIRECTOR 2.00
Director
$0 $0 $0
IESE ESERA DIRECTOR 1.00
Director
$0 $0 $0
VENESIA THOMPSON SECRETARY (NON-VOTING) 19.00
Officer
$0 $78,736 $250,865
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $12,004,405 $14,130,844 $165,850,476 $-2,126,439
2022 $9,444,950 $10,553,333 $160,331,638 $-1,108,383
2021 $22,479,029 $12,623,595 $183,676,818 $9,855,434
2020 $10,960,207 $9,626,368 $142,984,659 $1,333,839
2019 $51,755,929 $7,106,032 $142,169,463 $44,649,897
2018 $15,928,955 $6,067,219 $90,970,777 $9,861,736
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