San Diego State University Foundation is a 501(c)(3) organization based in San Diego, California, registered in 1944, with $247,529,653 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2024)
$247.5M
▲ 9.4% vs prior year
Education median: $200K
Expenses (FY2024)
$248.5M
Net assets
$120.3M
Employees
3,898
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 San Diego State University Foundation: 82% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
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 San Diego State University Foundation: 6 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
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 San Diego State University Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 San Diego State University Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To support and further the research, education and community service objectives of san diego state university.
Sdsu research foundation administers funds that support the work of projects that focus on university and community improvement.
Sdsu research foundation administers funds for the university's public broadcasting arm, kpbs radio and television.
Revenue grew from $157.7M (FY2013) to $247.5M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$297.4M
Total liabilities
$177.2M
Net assets
$120.3M
Salaries & benefits
$143.3M
58% of expenses
Board members
17
5 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $247,529,653▲9.4% | $248,470,456▲9.8% | $120,251,373▼2.8% | $297,428,852▼0.4% | 990 |
| 2023 | $226,239,172▲6.5% | $226,366,998▲12.1% | $123,741,934▲3.5% | $298,714,165▲5.4% | 990 |
| 2022 | $212,399,519▲21.7% | $202,001,372▲7.0% | $119,559,886▲9.0% | $283,318,319▲17.9% | 990 |
| 2021 | $174,546,329 | $188,767,786▲16.4% | $109,704,832▼14.6% | $240,261,684▲15.2% | 990 |
| 2020 | $174,580,877▼2.2% | $162,213,136▲0.4% | $128,473,860▲14.6% | $208,622,845▲5.1% | 990 |
| 2019 | $178,549,792▼2.5% | $161,491,730▼0.6% | $112,058,659▲19.5% | $198,532,473▲13.0% | 990 |
| 2018 | $183,073,157▲7.5% | $162,442,436▼10.6% | $93,741,702▲26.1% | $175,751,705▲24.1% | 990 |
| 2017 | $170,263,898▼2.4% | $181,752,674▲5.9% | $74,365,776▼15.1% | $141,667,500▼3.3% | 990 |
| 2015 | $174,449,654▲8.2% | $171,579,448▲5.7% | $87,560,218▲2.1% | $146,539,881▼3.0% | 990 |
| 2014 | $161,260,423▲2.3% | $162,308,255▲4.7% | $85,777,782▼2.3% | $151,070,526▼2.8% | 990 |
| 2013 | $157,686,867 | $155,029,983▼4.7% | $87,781,197▲9.5% | $155,367,832▼12.7% | 990 |
| 2012 | — | $162,707,875▼4.7% | $80,149,706▲4.7% | $177,940,725▼4.6% | 990 |
| 2011 | — | $170,708,236▼5.1% | $76,517,324▲8.7% | $186,545,481▼0.2% | 990 |
| 2010 | — | $179,942,962▲6.4% | $70,411,103▲14.2% | $186,933,922▲2.8% | 990 |
| 2009 | — | $169,042,967 | $61,630,271 | $181,850,590 | 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.
Highest-paid: Brian Dutcher — $2,456,132 (0.99% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Dutcher | Coach | 0.5 | $2,456,132 |
| Sean Lewis | Coach | 0.5 | $1,400,000 |
| Brady Hoke | Coach | 0.5 | $757,759 |
| John Decker | Kpbs Sr. Dir., Content Development | 38 | $262,040 |
| John Wicker | Athletic Director | 0.5 | $240,500 |
| Rachel M Raynoha | Chief Information Officer | 50 | $231,926 |
| Jennifer Thomas As of 0924 | Secretary (sdsu Emp) | 15 | $115,155 |
| Leslie R Levinson Sdsu Emp | Chief Financial Officer | 38 | $53,349 |
| Michele Goetz | Chief Executive Officer (sdsu Emp) | 38 | $45,373 |
| Deb Naylon | Chief Hr Officer (sdsu Emp) | 38 | $34,763 |
| Adela De La Torre | President (sdsu Employee) | 5 | — |
| Agnes Wong Nickerson | Treasurer (sdsu Employee) | 5 | — |
| Alex Waters | Director | 1 | — |
| David Page | Director | 1 | — |
| Hala Madanat | Vice President (sdsu Employee) | 15 | — |
| Humberto Parada As of 0924 | Director (sdsu Emp) | 15 | — |
| Joan Coppenrath | Director | 1 | — |
| Katarina Hernandez Thru 525 | Director (sdsu Emp) | 15 | — |
| Ming-hsiang Tsou | Dir./principal Inv. (sdsu Emp) | 15 | — |
| Randolph Philipp Thru 0924 | Secretary/principal Inv. (sdsu Emp) | 15 | — |
| Contractor | Services | Paid |
|---|---|---|
| Techstars Partners 2021 LLC | Investment Advisor (sec Registered) | $1,130,000 |
| California Wildlife Foundation | Grant Services | $1,005,004 |
| Meketa Fiduciary Management LLC | Investment Advisor (sec Registered) | $393,555 |
| Sierra Building Care Inc | Janitorial Services | $375,233 |
| Query | Tech Support | $367,493 |
277 grants to San Diego State University Foundation totaling $83.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Campanile Foundation | General support | 2024 | $4,624,392 |
| American Cancer Society Inc | Extramural research | 2024 | $626,938 |
| University of Miami | Research | 2024 | $472,706 |
| Strada Education Foundation Inc | Operating grant | 2024 | $300,000 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $199,985 |
| Kaiser Foundation Hospitals | Research | 2024 | $124,742 |
| California Healthcare Foundation | Support for health care coverage, 2024-2026 | 2024 | $100,000 |
| Foundation For California Community Colleges | California education learning lab grant | 2024 | $91,825 |
| American Online Giving Foundation Inc | General support | 2024 | $44,138 |
| University Enterprises Inc | Stipends for students | 2024 | $26,386 |
| American Endowment Foundation | Educational | 2024 | $25,200 |
| Conservation International Foundation | Stoke plus sustainability standard and surf conservation education program | 2024 | $20,779 |
| The Blackbaud Giving Fund | General support | 2024 | $7,172 |
| Ayco Charitable Foundation | Education | 2024 | $6,100 |
| National Christian Charitable Foundation | Media and publishing | 2024 | $5,125 |
1 grant totaling $24.8M in FY2024. All grants made by San Diego State University Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| San Diego State University | University support | $24,798,529 |
Explore more
Data for San Diego State University Foundation (EIN 95-6042721) 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.