The University Foundation, California State University, Chico

The University Foundation, California State University, Chico, is a nonprofit organization dedicated to supporting the educational mission of California State University, Chico (Chico State). Incorporated in 1940 as a California corporation, it has been a cornerstone in philanthropic efforts for the university, focusing on enhancing campus projects and programs.

Purpose

The University Foundation is primarily involved in fundraising and philanthropic activities on behalf of Chico State. Its mission is to ensure the success of students by supporting various initiatives and programs across the campus.

Governance

A governing board provides oversight and management of the foundation's endowments. This board engages parents and the community in charitable giving, playing a crucial role in fostering relationships between the university and its broader community.

Tax Status

As a 501(c)(3) organization, donations to the University Foundation are tax deductible. The foundation operates for purposes including educational, charitable, and scientific activities, aligning with its support for higher education.

Relationship with Chico State Enterprises

In 1997, the responsibilities of the University Foundation were reorganized, leading to the establishment of Chico State Enterprises (formerly the CSU, Chico Research Foundation). Chico State Enterprises handles grants, contracts, and entrepreneurial activities, while the University Foundation focuses solely on philanthropy. This separation allows for targeted support in different areas of the university's needs.

Gifts and Support

The University Foundation offers various ways for individuals to contribute, including bequests, IRA charitable rollovers, and beneficiary designations. These types of gifts support the long-term goals and initiatives of Chico State, ensuring continued growth and academic excellence.