To actively promote philanthropy and manage donated resources for the advancement of csulb.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $15.8M a year · 47% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
3 mo
of spending, in cash
Plus $157.1M in investments, Pt X · Ln 11–13
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $166K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.4M
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 27 voting members
Looks good: 22 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.2M
Spent
$12.1M
To programs
81%
Net assets
$164.6M
By yearFY2021–FY2025
Revenue
$25.2M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$25.2M
FY2022$37.2M
FY2023$23.6M
FY2024$24.8M
FY2025$55.4M
Expenses
$12.1M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$12.1M
FY2022$21.9M
FY2023$18.5M
FY2024$17.6M
FY2025$17.1M
Net assets
$164.6M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$164.6M
FY2022$153.4M
FY2023$162.5M
FY2024$187.3M
FY2025$227.8M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $9.8M Management & general 10% · $1.3M Fundraising 9% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

27 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director (csulb President)
$0Pt VII · Sec A
Treasurer (csulb VP Admin & Fin)
$0Pt VII · Sec A
CEO (csulb VP for Development)
$0Pt VII · Sec A
COO (csulb Avp Development)
$0Pt VII · Sec A
Secretary (csulb Avp Univ Relations)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chair, Nominations
$0Pt VII · Sec A
Chair, Development
$0Pt VII · Sec A
See Long Beach State Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes philanthropy and manages donations to advance California State University, Long Beach.

Questions for Long Beach State Foundation

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Your first name shows with your question. Long Beach State Foundation answers here, for everyone.

Provided by the organization

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2 programs · $9.8M · in their own filed words · FY2020
01

Provide financial support to faculty and programs as per donors' specific INSTRUCTIONS.SPENDING occured in the following areas:support for campus capital projects and building maintainance -$2,972146SUPPORT for academic departments, chairs, and programs -$2,198,677SUPPORT for student programs and departmental activities -$568,627SUPPORT…

$5.8Mprogram expense
02

Provide financial support to students in the form of scholarships. During the reporting period, a total of 1,952 students received scholarships.

$4.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 3 funders →
Grants paid · 6 grants · $27.3M · 2020–2024
California State University Long BeachFY2024$5,366,225
California State University Long BeachFY2023$4,965,908
CsulbFY2022$4,236,718
CsulbFY2022$4,236,718
CsulbFY2021$4,558,878
CsulbFY2020$3,961,427

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$25.2M
Ln 12
Gifts and grantsLn 1h$16.8M
Investment incomeLn 3$7.9M
Other incomeLn 4–11$560K
Money outPt IX
$12.1M
Ln 25
Programscol B$9.8M
Managementcol C$1.3M
Fundraisingcol D$1.1M
Owns and owesPt X
$164.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$167.0M
LiabilitiesLn 26$2.4M
PeoplePt VI, VII
27
listed · VII A
PaidVII A0
Voting boardVI 1a27
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16.8M
Noncash giftsLn 1g$1.3M
Fundraising eventsLn 1c$1K
Investment incomeLn 3$7.9M
Other incomeLn 4–11$560K
Gains on assetsLn 7$5.3M
Total revenueLn 12$25.2M
Assets in detailPt X, end of year
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$157.1M
Total assetsLn 16$167.0M
LiabilitiesLn 26$2.4M
Net assetsLn 32$164.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 617
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.9M$2.6M
InvestmentsLn 11–13$120.7M$157.1M
Total assetsLn 16$131.0M$167.0M
LiabilitiesLn 26$960K$2.4M
Net assetsLn 32$130.0M$164.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4.0M$4.0M
Other salaries and wagesLn 7$2.4M$1.3M$153K$1.0M
Pension plan contributionsLn 8$101K$85K$16K
Other employee benefitsLn 9$389K$328K$60K
Accounting feesLn 11c$320K$887$319K
Investment management feesLn 11f$503K$503K
Other fees for servicesLn 11g$3.0M$2.9M$83K$30K
Advertising and promotionLn 12$32K$27K$5K
Office expensesLn 13$351K$326K$11K$14K
Information technologyLn 14$236K$220K$11K$4K
OccupancyLn 16$279K$207K$72K
TravelLn 17$21K$21K
Conferences, conventions and meetingsLn 19$89K$89K
InsuranceLn 23$9K$9K$193
Other expenses (24a–d)Ln 24$341K$306K$33K$2K
Total functional expensesLn 25$12.1M$9.8M$1.3M$1.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $55.4M$17.1M$38.2M$227.8M 990 PDF
FY2024 $24.8M$17.6M$7.2M$187.3M 990 PDF
FY2023 $23.6M$18.5M$5.1M$162.5M 990 PDF
FY2022 $37.2M$21.9M$15.3M$153.4M 990 PDF
FY2021 Viewing $25.2M$12.1M$13.1M$164.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $25,211,455 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,607,570$16,757,609
I-9 Program service revenuePrior year $1,596,963$0
I-10 Investment incomePrior year $1,479,714$7,894,001
I-11 Other revenuePrior year $60,229$559,845
I-12 Total revenuePrior year $24,744,476$25,211,455
I-13 Grants and similar amounts paidPrior year $3,971,917$3,961,427
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,313,463$2,934,000
I-16a Professional fundraising feesPrior year $9,500$0
I-17 Other expensesPrior year $6,284,694$5,173,504
I-18 Total expensesPrior year $13,579,574$12,068,931
I-19 Revenue less expensesPrior year $11,164,902$13,142,524
Part VI · Governance 22 of 27 board members independent, 1 to look at
VI-1a Voting members of the governing body27
VI-1b Independent voting members22
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $25,211,455 across 10 lines filed
VIII-1c Fundraising events$1,440
VIII-1f All other contributions, gifts and grants$16,756,169
VIII-1g Noncash contributions (included above)$1,311,090
VIII-1h Total contributions, gifts and grants$16,757,609
VIII-3 Investment incomeExcluded from tax $2,625,627$2,625,627
VIII-5 RoyaltiesExcluded from tax $59,262$59,262
VIII-7 Net gain or loss on sales of assetsExcluded from tax $5,268,374$5,268,374
VIII-8 Net income from fundraising eventsExcluded from tax $118,822$118,822
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $381,761$381,761
VIII-12 Total revenueRelated to mission $381,761 · Unrelated business $0 · Excluded from tax $8,072,085$25,211,455
Part IX · Statement of functional expenses $12,068,931 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $3,961,427$3,961,427
IX-7 Other salaries and wagesPrograms $1,291,839 · Management $152,546 · Fundraising $1,000,000$2,444,385
IX-8 Pension plan contributionsPrograms $84,615 · Management $16,345$100,960
IX-9 Other employee benefitsPrograms $328,413 · Management $60,242$388,655
IX-11c Accounting feesPrograms $887 · Management $319,400$320,287
IX-11f Investment management feesManagement $502,983$502,983
IX-11g Other fees for servicesPrograms $2,879,344 · Management $82,642 · Fundraising $30,453$2,992,439
IX-12 Advertising and promotionPrograms $27,260 · Fundraising $5,000$32,260
IX-13 Office expensesPrograms $326,120 · Management $10,818 · Fundraising $14,018$350,956
IX-14 Information technologyPrograms $220,291 · Management $11,103 · Fundraising $4,500$235,894
IX-16 OccupancyPrograms $206,763 · Management $71,849$278,612
IX-17 TravelPrograms $21,182$21,182
IX-19 Conferences, conventions and meetingsPrograms $89,166$89,166
IX-23 InsurancePrograms $8,722 · Management $193$8,915
IX-24 Other expenses (24a–d)Programs $305,537 · Management $33,404 · Fundraising $1,869$340,810
IX-25 Total functional expensesPrograms $9,751,566 · Management $1,261,525 · Fundraising $1,055,840$12,068,931
Part X · Balance sheet $167,024,909 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,864,501$2,632,233
X-3 Pledges and grants receivableStart of year $7,237,333$6,844,933
X-4 Accounts receivableStart of year $1,199,058$392,635
X-9 Prepaid expenses and deferred chargesStart of year $21,077$15,048
X-11 Publicly traded securitiesStart of year $120,668,861$157,140,060
X-16 Total assetsStart of year $130,990,830$167,024,909
X-17 Accounts payable and accrued expensesStart of year $258,337$78,202
X-19 Deferred revenueStart of year $14,166$16,842
X-25 Other liabilitiesStart of year $687,971$2,287,996
X-26 Total liabilitiesStart of year $960,474$2,383,040
X-27 Net assets without donor restrictionsStart of year $11,334,569$18,143,332
X-28 Net assets with donor restrictionsStart of year $118,695,787$146,498,537
X-32 Total net assets or fund balancesStart of year $130,030,356$164,641,869
X-33 Total liabilities and net assetsStart of year $130,990,830$167,024,909
Part XI · Reconciliation of net assets $164,641,869 net assets at year end
XI-1 Total revenue$25,211,455
XI-2 Total expenses$12,068,931
XI-3 Revenue less expenses$13,142,524
XI-4 Net assets at start of year$130,030,356
XI-5 Net unrealized gains (losses) on investments$21,468,989
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$164,641,869

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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