UNIVERSITY CORPORATION AT MONTEREY BAY

MONTEREY, CA, 93940-5730 (831) 582-3395 Est. 1994 EIN 77-0387459
B114 - Education 990 - Public charity return 501(c)(3)
www.csumb.edu

Mission

TO USE FISCAL FLEXIBILITY TO PROVIDE RESOURCES AND SERVICES NOT SUPPORTED BY THE STATE, OPERATIONAL EXPERTISE TO IMPLEMENT AND MANAGE COMMERCIAL ACTIVITIES AND ENTREPRENEURIAL ACUMEN TO GENERATE REVENUE IN SUPPORT OF THE UNIVERSITY'S STRATEGIC INITIATIVES. THE CORPORATION IS COMMITTED TO SUPPORTING THE UNIVERSITY IN BUILDING A MULTICULTURAL LEARNING COMMUNITY WHOSE PARTNERS ARE PREPARED TO CONTRIBUTE PRODUCTIVELY, RESPONSIBLY AND ETHICALLY TO CALIFORNIA AND THE GLOBAL COMMUNITY.

Giving Portfolio

Total Grants
98
Total Giving
$54.0M
Recipients
98
Years Active
2018 - 2024
Avg grant: $552,387 Median: $59,097

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202421$12.0M $570K615
202221$6.9M $327K318
202121$16.3M $777K129
202011$6.7M $607K29
201910$5.8M $582K19
201814$6.3M $451K140

Sectors Funded

Education
33
Environment
2
Philanthropy & Grantmaking
1

Top States

California
86
Pennsylvania
4
Minnesota
3
Idaho
1
Colorado
1
Illinois
1
Nevada
1
North Carolina
1

Grantee Size Profile

Over $50M
25
$10M - $50M
13
$1M - $5M
6
$5M - $10M
1

Top Grantees

Page 1 of 3
CALIFORNIA STATE UNIVERSITY MONTEREY BAY
CA - 6 grants
$43.0M
$2.6M
HARTNELL COLLEGE
CA - 6 grants
$1.5M
CA - 3 grants
$1.1M
EL CAMINO COMMUNITY COLLEGE
CA - 6 grants
$764K
UC REGENTS DAVIS
CA - 3 grants
$602K
RESOURCE CONSERVATION DISTRICT OF MONTEREY COUNTY
CA
$334K
CSU CHANNEL ISLAND
CA - 3 grants
$282K

Grants Awarded · 49 grants

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Financials

Total Revenue
$95,552,872
Total Expenses
$88,988,882
Net Assets
$74,384,988
795 employees 142 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
10.0 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 17.0%
Expenses ↑ 5.6%
Revenue Sources
Contributions 34.6% Earned revenue 56.1% Investment 8.1% Other 1.0%
Expense Breakdown
Program 93.9% Management 5.2% Fundraising 0.9%

Officers & Trustees (15)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$95,552,872 ↑$88,988,882$74,384,988
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$79,086,983 ↑$76,139,293$70,246,060
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$72,925,924 ↑$83,426,081$66,784,939
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$49,155,763 ↓$56,832,365$68,686,153
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$61,239,062 ↓$61,697,272$74,080,973
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$65,303,571 $58,893,639$73,696,475

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EIN: 77-0387459 · Source: IRS Form 990 e-file data