The Csusb Philanthropic Foundation is a non-profit corporation that raises and manages gifts from individuals, foundations and corporations for the benefit of Csusb. The Foundation is comprised of business and civic leaders who care about Csusb and who advance its mission by seeking and securing private support for all its programs. Overseen by the board of directors and staffed by a team of advancement professionals who are university employees, the Foundation administers and records all gifts in accordance with donors' wishes.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
4 of 6
filings with a surplus
Average surplus $3.1M a year · 35% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
28 mo
of spending, in cash
Plus $59.0M in investments, Pt X · Ln 11–13
Looks good: 28.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.7M
+97% vs prior year
Spent
$6.6M
To programs
93%
Net assets
$75.6M
By yearFY2020–FY2025
Revenue
$9.7M
FY2024▲ +97%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.3M
FY2021$8.7M
FY2022$12.9M
FY2023$4.9M
FY2024$9.7M
FY2025$12.8M
Expenses
$6.6M
FY2024▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.6M
FY2021$4.6M
FY2022$5.2M
FY2023$5.1M
FY2024$6.6M
FY2025$6.4M
Net assets
$75.6M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$57.4M
FY2021$68.7M
FY2022$65.3M
FY2023$69.6M
FY2024$75.6M
FY2025$86.9M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

93 cents of each dollar spent went to programs.

Program services 93% · $6.1M Management & general 7% · $491K

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

28 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Board President (csusb President)
$0Pt VII · Sec A
Executive Director (csusb VP of Advancement)
$0Pt VII · Sec A
Director (csusb VP of Student Affairs)
$0Pt VII · Sec A
Asst. Sec and Treasurer (csusb VP of Finance)
$0Pt VII · Sec A
Director (csusb VP of Academic Affairs)
$0Pt VII · Sec A
Director (csusb VP of Human Resources)
$0Pt VII · Sec A
Secretary (csusb Associate VP of Advancement)
$0Pt VII · Sec A
$0Pt VII · Sec A

Tomas D Morales’s $431K as President, Csusb Philanthropic Foundation is at the 87th percentile of top reported officer pay among 662 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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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

Raises funds to support California State University, San Bernardino.

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Provided by the organization

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2 programs · $6.1M · in their own filed words · FY2023
01

Other Activities

Designated gift administration.

$3.1Mprogram expense
02

Scholarships

Coordinate scholarship donations with the student awarded scholarships.

$3.0Mprogram 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
Total grants receivedfrom 1 funder$10K
Grants paid · 7 grants · $13.4M · 2019–2024
California State University San BernardinoFY2024$3,242,856
Unitemized GrantFY2024$57,978
California State University San BernardinoFY2023$3,012,319
California State University San BernardinoFY2022$1,673,505
California State University San BernardinoFY2021$1,900,059
California State University San BernardinoFY2020$1,858,933
California State University San BernardinoFY2019$1,704,341

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$9.7M
Ln 12
Gifts and grantsLn 1h$5.8M
Investment incomeLn 3$3.9M
Money outPt IX
$6.6M
Ln 25
Programscol B$6.1M
Managementcol C$491K
Owns and owesPt X
$75.6M
net assets · Ln 32
Cash and savingsLn 1–2$15.7M
Total assetsLn 16$78.6M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
28
listed · VII A
PaidVII A0
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.8M
Noncash giftsLn 1g$1.0M
Fundraising eventsLn 1c$38K
Investment incomeLn 3$3.9M
Gains on assetsLn 7$1.8M
Total revenueLn 12$9.7M
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$14.7M
Cash and savings togetherLn 1–2$15.7M
InvestmentsLn 11–13$59.0M
Other assetsLn 15$152K
Total assetsLn 16$78.6M
LiabilitiesLn 26$3.0M
Net assetsLn 32$75.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 631
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 FY24End FY24
Cash and savingsLn 1–2$16.2M$15.7M
InvestmentsLn 11–13$52.2M$59.0M
Total assetsLn 16$72.3M$78.6M
LiabilitiesLn 26$2.7M$3.0M
Net assetsLn 32$69.6M$75.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.0M$3.0M
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$33K$33K
Investment management feesLn 11f$176K$176K
Advertising and promotionLn 12$333K$248K$85K
Office expensesLn 13$829K$773K$56K
TravelLn 17$121K$120K$1K
Conferences, conventions and meetingsLn 19$41K$31K$10K
Payments to affiliatesLn 21$818K$818K
InsuranceLn 23$19K$19K
Other expenses (24a–d)Ln 24$1.2M$1.1M$160K
Total functional expensesLn 25$6.6M$6.1M$491K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.8M$6.4M$6.4M$86.9M 990 PDF
FY2024 Viewing $9.7M$6.6M$3.1M$75.6M 990 PDF
FY2023 $4.9M$5.1M−$186K$69.6M 990 PDF
FY2022 $12.9M$5.2M$7.7M$65.3M 990 PDF
FY2021 $8.7M$4.6M$4.1M$68.7M 990 PDF
FY2020 $4.3M$6.6M−$2.3M$57.4M 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 FY2024 990 (6 parts)
Part I · Summary $9,669,482 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,965,450$5,768,666
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $948,537$3,932,760
I-11 Other revenuePrior year $0−$31,944
I-12 Total revenuePrior year $4,913,987$9,669,482
I-13 Grants and similar amounts paidPrior year $1,673,505$3,012,319
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,426,140$3,584,352
I-18 Total expensesPrior year $5,099,645$6,596,671
I-19 Revenue less expensesPrior year −$185,658$3,072,811
Part VI · Governance 28 of 28 board members independent, 1 to look at
VI-1a Voting members of the governing body28
VI-1b Independent voting members28
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 $9,669,482 across 10 lines filed
VIII-1c Fundraising events$37,630
VIII-1d Related organizations$24,592
VIII-1f All other contributions, gifts and grants$5,706,444
VIII-1g Noncash contributions (included above)$1,019,714
VIII-1h Total contributions, gifts and grants$5,768,666
VIII-3 Investment incomeExcluded from tax $2,182,345$2,182,345
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,750,415$1,750,415
VIII-8 Net income from fundraising eventsExcluded from tax −$43,977−$43,977
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $12,033$12,033
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,900,816$9,669,482
Part IX · Statement of functional expenses $6,596,671 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $3,012,319$3,012,319
IX-11b Legal feesManagement $2,634$2,634
IX-11c Accounting feesPrograms $32,580$32,580
IX-11f Investment management feesManagement $175,704$175,704
IX-12 Advertising and promotionPrograms $247,658 · Management $85,195$332,853
IX-13 Office expensesPrograms $773,045 · Management $55,966$829,011
IX-17 TravelPrograms $120,021 · Management $1,092$121,113
IX-19 Conferences, conventions and meetingsPrograms $30,601 · Management $9,900$40,501
IX-21 Payments to affiliatesPrograms $817,534$817,534
IX-23 InsurancePrograms $19,478$19,478
IX-24 Other expenses (24a–d)Programs $1,052,747 · Management $160,197$1,212,944
IX-25 Total functional expensesPrograms $6,105,983 · Management $490,688 · Fundraising $0$6,596,671
Part X · Balance sheet $78,582,049 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $799,629$1,008,323
X-2 Savings and temporary cash investmentsStart of year $15,442,952$14,674,406
X-3 Pledges and grants receivableStart of year $3,668,657$3,374,354
X-4 Accounts receivableStart of year $163,101$275,867
X-9 Prepaid expenses and deferred chargesStart of year $40,855$133,257
X-11 Publicly traded securitiesStart of year $51,172,674$54,918,650
X-12 Other securitiesStart of year $1,029,677$4,045,171
X-15 Other assetsStart of year $0$152,021
X-16 Total assetsStart of year $72,317,545$78,582,049
X-17 Accounts payable and accrued expensesStart of year $1,144,971$247,976
X-19 Deferred revenueStart of year $978,816$1,569,794
X-25 Other liabilitiesStart of year $576,445$1,132,581
X-26 Total liabilitiesStart of year $2,700,232$2,950,351
X-27 Net assets without donor restrictionsStart of year $69,446$71,058
X-28 Net assets with donor restrictionsStart of year $69,547,867$75,560,640
X-32 Total net assets or fund balancesStart of year $69,617,313$75,631,698
X-33 Total liabilities and net assetsStart of year $72,317,545$78,582,049
Part XI · Reconciliation of net assets $75,631,698 net assets at year end
XI-1 Total revenue$9,669,482
XI-2 Total expenses$6,596,671
XI-3 Revenue less expenses$3,072,811
XI-4 Net assets at start of year$69,617,313
XI-5 Net unrealized gains (losses) on investments$2,944,108
XI-9 Other changes in net assets−$2,534
XI-10 Net assets at end of year$75,631,698

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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