Campanile Foundation
94% goes to programs $6 to raise $100 Strong reserves
Campanile Foundation is a 501(c)(3) organization based in San Diego, California, registered in 2000, with $62,298,004 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
5500 Campanile Drive Mc1968, San Diego, CA, 92182 EIN 33-0868418 Since 2000
Revenue (FY2024)
$62.3M
▲ 1.3% vs prior year
Education median: $200K
Expenses (FY2024)
$52.1M
Net assets
$585.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating94% to programs · $6 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Campanile Foundation: 94% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating135 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Campanile Foundation: 135 mo reserves · +16% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Campanile Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Campanile Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To enable increased private giving and philanthropic asset management for the university.
What they do
Support of individual colleges: the campanile foundation administers programs that support substantially all the university's individual colleges. the amount of support for each college is based on the wishes of individual donors and the wisdom of the university's administration. the amount of support provided to the colleges during the year reported on this return was $17,994,823.
Support of athletics activities: the campanile foundation received non-philanthropic funds generated from multi-year premium suite and seating purchases for football and basketball games, while assisting the athletics department in managing these seat revenues. the total support provided to the athletics department during the reported year amounted to $3,477,206.
Student scholarships administered by the university: the campanile foundation received funds in support of scholarships. scholarship payments are administered by the university's office of financial aid and scholarship (ofas). the ofas administers the university scholarship programs in accordance with the policies of the california state university system, san diego state university, and applicable federal law and regulations, along with the restrictions contained in individual donor agreements.
Contact & location
- Address
- 5500 Campanile Drive Mc1968, San Diego, CA, 92182
- City
- San Diego
- State
- California
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $42.7M (FY2013) to $62.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $54.6MNet assets $585.5M
Operating margin
16.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$640.1M
Total liabilities
$54.6M
Net assets
$585.5M
Salaries & benefits
$0
0% of expenses
Board members
33
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,298,004▲1.3% | $52,072,821▼18.5% | $585,476,984▲10.5% | $640,091,111▲7.8% | 990 |
| 2023 | $61,506,943▲0.2% | $63,914,583▲22.4% | $529,891,117▲7.1% | $593,662,815▲8.1% | 990 |
| 2022 | $61,404,079▼3.0% | $52,208,696▲41.4% | $494,906,720▲8.7% | $549,205,761▲6.1% | 990 |
| 2021 | $63,277,722▼4.8% | $36,911,504▼22.7% | $455,372,072▼2.1% | $517,706,793▼0.5% | 990 |
| 2020 | $66,450,257▲13.8% | $47,780,824▲56.2% | $465,373,623▲17.1% | $520,466,075▲20.6% | 990 |
| 2019 | $58,386,499▲54.9% | $30,596,236▼3.8% | $397,401,785▲12.6% | $431,718,778▲11.6% | 990 |
| 2018 | $37,683,808▼24.6% | $31,792,110▲4.9% | $352,798,331▲15.4% | $386,997,693▲16.5% | 990 |
| 2016 | $50,001,746▲9.3% | $30,294,195▲5.7% | $305,845,813▲14.9% | $332,162,581▲15.0% | 990 |
| 2015 | $45,739,848▼0.2% | $28,654,687▼14.2% | $266,188,912▲4.0% | $288,913,068▲4.7% | 990 |
| 2014 | $45,845,904▲7.3% | $33,381,298▲16.3% | $256,048,363▲3.4% | $275,985,000▲2.2% | 990 |
| 2013 | $42,731,226 | $28,709,362▲3.3% | $247,558,745▲17.9% | $269,945,046▲17.7% | 990 |
| 2012 | — | $27,792,703▲10.6% | $210,000,245▲16.1% | $229,295,852▲15.3% | 990 |
| 2011 | — | $25,138,187▲13.4% | $180,887,348▲0.2% | $198,827,650▼0.3% | 990 |
| 2010 | — | $22,172,762▲13.6% | $180,479,555▲22.9% | $199,373,460▲22.2% | 990 |
| 2009 | — | $19,524,959 | $146,890,133 | $163,181,237 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adela De La Torre | Sdsu President, Director | 4 | — |
| Adrienne Vargas | President & Ceo | 10 | — |
| Alan Dulgeroff | Director | 0.5 | — |
| Alexander Mora | Director | 0.5 | — |
| Anita Nottingham | Corp Secretary (thru 09/2024) | 30 | — |
| Chiloh Baty | Director (thru 12/2024) | 0.5 | — |
| Christine Probett | Director | 0.5 | — |
| Christopher Sickels | Director | 0.5 | — |
| Cynthia Swanson | Corp Secretary (beg 09/2024) | 30 | — |
| Dan Gross | Director | 0.5 | — |
| David H Fuhriman | Cfo (thru 10/2024) | 20 | — |
| Deann Cary | Director | 0.5 | — |
| Ed Brown | Director | 0.5 | — |
| Elliot Scott | Director (beg 03/2025) | 0.5 | — |
| Jason Campbell | Director | 0.5 | — |
| Jeff Glazer | Director | 0.5 | — |
| Jennifer Stone | Director (beg 03/2025) | 0.5 | — |
| Jessica Sarowitz | Director | 0.5 | — |
| John Wills | Director | 0.5 | — |
| Joseph Johnson | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Techstars Central LLC | Consultant | $1,460,000 |
| Techstars Partners 2021 LLC | Consultant | $1,080,000 |
| Meketa Fiduciary Management LLC | Consultant | $357,589 |
| Eab Global Inc | Consultant | $263,779 |
Grants received · $32.9M total
169 grants to Campanile Foundation totaling $32.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Community & human services | 2024 | $240,000 |
| American Online Giving Foundation Inc | General support | 2024 | $109,978 |
| American Endowment Foundation | Educational | 2024 | $63,750 |
| Charities Aid Foundation America | Charitable donation | 2024 | $61,667 |
| Greater Horizons | Education | 2024 | $50,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $41,842 |
| The Blackbaud Giving Fund | General support | 2024 | $12,890 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,632,700 |
| The San Diego Foundation | For general support | 2023 | $1,607,726 |
| California Community Foundation | Education | 2023 | $1,325,790 |
| Donor Advised Charitable Giving | Education | 2023 | $416,125 |
| Jewish Community Foundation of San Diego | General | 2023 | $252,325 |
| Ayco Charitable Foundation | Community & human services | 2023 | $200,000 |
Grants made · $33.0M in FY2024
3 grants totaling $33.0M in FY2024. All grants made by Campanile Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| San Diego State University | General support | $28,359,287 |
| San Diego State University Foundation | General support | $4,624,392 |
| Christ For Humanity Inc | General support | $17,365 |
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Frequently asked questions
- Is Campanile Foundation a legitimate nonprofit?
- Yes. Campanile Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 33-0868418, based in San Diego, California. Donations are tax-deductible.
- What is Campanile Foundation's EIN?
- Campanile Foundation's Employer Identification Number (EIN) is 33-0868418.
- How much revenue does Campanile Foundation report?
- Campanile Foundation reported $62,298,004 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Campanile Foundation's spending goes to programs?
- Campanile Foundation spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Campanile Foundation have?
- CharityIndex grades Campanile Foundation A, based on program efficiency and fundraising cost.
- How much does Campanile Foundation's highest-paid employee make?
- The highest reported compensation on Campanile Foundation's latest Form 990 is $0, paid to Adela De La Torre (Sdsu President, Director).
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Data for Campanile Foundation (EIN 33-0868418) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.