FORM 990, PART VI, SECTION A, LINE 3 |
THE FOUNDATION HAS DELEGATED CALIFORNIA POLYTECHNIC STATE UNIVERSITY AUTHORITY TO ACT AS ITS AGENT IN A FULL RANGE OF ACCOUNTING, ADMINISTRATIVE, PROCESSING, CASH MANAGEMENT, REPORTING AND SERVICE FUNCTIONS UNDER AN ADMINISTRATIVE SERVICES AGREEMENT. |
FORM 990, PART VI, SECTION A, LINE 7A |
THE UNIVERSITY PRESIDENT MAY APPOINT VOTING AND NON-VOTING EX OFFICIO DIRECTORS BY VIRTUE OF OFFICE HELD WITH THE UNIVERSITY AND MUST APPROVE ALL DIRECTORS. |
FORM 990, PART VI, SECTION A, LINE 7B |
CERTAIN DECISIONS, INCLUDING CHANGES TO THE GOVERNING BODY AND ORGANIZATIONAL DOCUMENTS, ARE SUBJECT TO REVIEW AND APPROVAL OF THE UNIVERSITY PRESIDENT. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE AUDIT COMMITTEE WILL REVIEW AND APPROVE FORM 990. THE FINAL VERSION IS SUBSEQUENTLY DISTRIBUTED TO THE BOARD PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
IN ADDITION TO REVIEWING ANNUALLY, THE BOARD MEMBERS DISCLOSE CONFLICTS OF INTEREST DURING THE YEAR AS THEY ARISE. THE BOARD ADDRESSES CONFLICTS OF INTEREST IMMEDIATELY UPON DISCLOSURE. |
FORM 990, PART VI, SECTION B, LINE 15A |
THE FOUNDATION DOES NOT COMPENSATE ANY OFFICERS, DIRECTORS OR KEY EMPLOYEES. THE UNIVERSITY, A RELATED PARTY, INDEPENDENTLY DETERMINES COMPENSATION FOR OFFICERS AND DIRECTORS FOR WORK PERFORMED AS AN EMPLOYEE OF, AND ON BEHALF OF, THE UNIVERSITY. |
FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE AVAILABLE FOR PUBLIC INSPECTION IN THE OFFICE OF THE CHIEF EXECUTIVE OFFICER. |
FORM 990, PART XI, LINE 9: |
NET CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - DEFERRED INFLOWS 252,443. |
FORM 990, PART XII, LINE 2C |
THE OVERSIGHT PROCESS OF THE AUDIT HAS NOT CHANGED. |