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The Campanile Foundation

San Diego, CA · EIN 33-0868418 · 501(c)(3) · Organization operated for a governmental college or university
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Campanile Foundation reported $62.3 million in revenue and $52.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.71 went to program services, $1.31 to management and general costs and $4.98 to fundraising. Its largest source of revenue was contributions and grants: 65.0% of the total. The highest compensation it reported for one person was $720,277 (SDSU PRESIDENT, DIRECTOR). Revenue rose 7% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $52M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $62M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
1.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
5.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
65.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
29.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$720,277$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.38%1.28%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
134.913.3
Independent voting board members
Part VI 1a–1b
30 of 33100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$20M expenses · 41.0% of program spending · grants $10M · revenue $1.1M

Campus programs administered by the university: the Campanile Foundation received funds in support of academic and athletic activities administered by san diego state university. The amount of funds granted to the university for this purpose during the year reported on this return was $19,989,315

$18M expenses · 36.9% of program spending · grants $12M · revenue $7.4M

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

$3.5M expenses · 7.1% of program spending · grants $3.5M · revenue $10.0M

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

$7.3M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SDSU PRESIDENT, DIRECTOR
Director/trustee, officer, 4.00 hrs/week
$0$543,766$176,511$720,277
PRESIDENT & CEO
Director/trustee, officer, 10.00 hrs/week
$0$362,220$76,697$438,917
CFO (THRU 10/2024)
Officer, 20.00 hrs/week
$0$250,797$77,752$328,549
CFO (THRU 02/2025)
Officer, 20.00 hrs/week
$0$232,219$74,440$306,659
FORMER DIRECTOR (SDSU EMP)
Former, 0.00 hrs/week
$0$145,821$69,133$214,954
CORP SECRETARY (THRU 09/2024)
Officer, 30.00 hrs/week
$0$104,435$49,118$153,553
CORP SECRETARY (BEG 09/2024)
Officer, 30.00 hrs/week
$0$87,618$60,669$148,287
DIRECTOR
Director/trustee, 0.50 hrs/week
$0$9,762$0$9,762

0 people received more than $100,000 in reportable compensation from The Campanile Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$62M$52M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$62M$52M93.7%$585M$720,277
FY2024 ⓘ$62M$64M93.9%$530M$727,416
FY2023 ⓘ$61M$52M83.1%$495M$716,604
FY2022 ⓘ$63M$37M82.4%$455M$625,260
FY2021 ⓘ$66M$48M90.1%$465M$616,472
FY2020 ⓘ$58M$31M83.6%$397M$612,954

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b33 · 30 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 630

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
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

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

23 private foundations reported grants to The Campanile Foundation totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Campanile Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Campanile Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of The Campanile Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, The Campanile Foundation reported that 93.7% of its $52.1 million in expenses went to program services, 1.3% to management and general and 5.0% to fundraising (Form 990, Part IX).

How much does The Campanile Foundation pay its top executive?

The largest total compensation The Campanile Foundation reported for one person in the fiscal year ending June 30, 2025 was $720,277, for the role of SDSU PRESIDENT, DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Campanile Foundation get its money?

Of $62.3 million in revenue in the fiscal year ending June 30, 2025, 65.0% came from contributions and grants and 29.6% from program service revenue (Form 990, Part VIII).

Is The Campanile Foundation a registered charity?

The IRS lists EIN 33-0868418 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610789349301031 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520869349300022 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400789349300950 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320459349302257 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240419349300624 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131209349301583 · read the filing

All filings for EIN 33-0868418: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.