1CAL POLY POMONA FOUNDATION, INC.

BOARD

INSIGHTS

April2015

Foundation Helps CPP Become All-Steinway

University

page 7

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foundation.csupomona.edu

PUBLISHED BY:

WHAT YOU SPEND ON CAMPUS … STAYS ON

CAMPUS

Surplus funds generated by all Cal Poly Pomona Foundation

operations go back to the University to provide financial and

facility resources to benefit students, faculty, and staff.

Cal Poly Pomona Foundation. Inc.Ph: 909-869-2912Fx: 909-869-4549

Next Board MeetingThe Board of Directors Budget meeting is scheduled for Thursday, May 21, 2015 from 2:00 to 4:00 p.m. in the Garden Vista Room at Kellogg West Conference Center.

To launch the National Library Week Celebration, KLOS 95.5 radio host Chris Carter, an expert on The Beatles, broadcasted from 9 a.m. to noon on Sunday, April 12 at the Bronco Student Center, Ursa Major. The event was sponsored by ASI, the University Library, Cal Poly Pomona Foundation, and the Library Club. Breakfast-style refreshments were served courtesy of the Foundation.

National Library Week is an annual celebration where the University Library hosts workshops and events to inform students of library services, resources, and more! For more information on library events, visit https://www.cpp.edu/~library/about/nlw2015/index.shtml or contact Natalie Lopez at nmzagami@cpp.edu.

For more information about “Breakfast with the Beatles,” check out their website at http://www.breakfastwiththebeatles.com/.

Foundation Sponsored National Library Week Event

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CSU Auxiliaries Visit FoundationIn early April, ten executive directors of California State University (CSU) auxiliaries and the assistant vice chancellor for financing, treasury, and risk management met

at the Foundation building as part of the Southern and Central California Auxiliary CEO group from the Auxiliary Organizations Association (AOA).

The members that make up the AOA are the auxiliaries of the 23 campuses in the CSU system. The mission of the AOA is to facilitate the role of individual auxiliaries on their respective campuses by providing the auxiliaries with the resources and services that enable them to be more effective.

The group spent the day in the Foundation’s executive conference room to discuss mutual matters facing auxiliaries and other pertinent subjects. But before discussing important topics, the group enjoyed a catered lunch from Qdoba.

In the late afternoon, the group was taken on a tour of some of the Foundation’s enterprise units, including Starbucks at the library, the Poly Trolley, Jamba Juice at the BRIC, Bronco Bookstore, and Innovation Brew Works, where they got to sample food and in-house brews.

After the tours, they ate dinner at the historical Kellogg House Pomona, which was catered by Kellogg West Catering. Lodging was also provided by Kellogg West Conference Center & Hotel.

After meeting one last time on Friday morning at Kellogg West, the group departed at noon with boxed lunches to take with them during their travel home.

NAME TITLE CORPORATIONDebbie Astone AVP CSU Fresno Auxiliary Operations Debbie Burns Executive Director CSU San Bernardino University Enterprises CorporationRobert Eaton Assistant Vice

Chancellor CSU Office of the Chancellor Financing, Treasury, Risk Mgmt

Rick Evans Executive Director CSU Northridge University Corporation Robert Fenning Vice President,

Administration & Finance and CEO

CSU Dominguez Hills Foundation

Lorlie Leetham Executive Director San Luis Obispo Cal Poly CorporationFrank Mumford Executive Director CSU Fullerton Auxiliary Services Corporation

Bella Newberg Executive Director CSU San Marcos University Auxiliary & Research Services Corporation Jim Reinhart Executive Director CSU Sacramento University Enterprises

Alma Sahagun Executive Director Cal State LA University Auxiliary Services Kevin Saunders Executive Director CSU Monterey Bay University Corporation G. Paul Storey Executive Director Cal Poly Pomona Foundation

The Southern and Central California Auxiliary CEO group from the AOA:

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Bronco Bookstore News

GRAD FAIR COMING SOON

Grad Fair will be coming to the Bronco Bookstore atrium on April 21 and 22. The following campus departments and vendors will be participating: Alumni Affairs, Commencement Committee, Grad Images, Parking & Transport Services, Career Center, Studio 94 Photography, Jostens Rings & Announcements, Grad Day Flowers, Apple Computers, Cal Poly Credit Union, and Framing Success Co.

Toyota will also be in attendance promoting their 2015 Camry Giveaway as well as their rebate offer to new and recent grads on the different CSU social media sites. Cal Poly Pomona grads can visit the Toyota display at the Grad Fair on April 21 and 22 for the chance to win a 2015 Toyota Camry and other prizes!

NEW BUYBACK LOCATION AT LIBRARY

As leaders of the Affordable Learning Initiative (ALI) on the Cal Poly Pomona campus, the library and the Bronco Bookstore continue to look for ways to work together to offer students more options to save money on textbooks. One such partnership was providing access to the Buyback program in the lobby of the library during finals week.

Thank you to Emma Gibson and the library staff for helping make this new location a success!

BRONCO BOOKSTORE STAFF CHANGES

Brian Fetterman has recently been promoted to Assistant Director/GM. He will now oversee all general merchandise departments within the bookstore. Congratulations, Brian!

On April 1, the Bronco Bookstore welcomed Stephanie McRae, the new Customer Service Associate for the textbook department. Stephanie will be in charge of making sure that customer service is top-notch year round as well as keeping the textbook floor organized. Welcome to the team, Stephanie!

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On Monday, March 23, numerous guests came into Ursa Major at the Bronco Student Center for the 2015 Vendor Fair, hosted by Cal Poly Pomona’s (CPP) Procurement & Support Services. This annual event is for CPP faculty and staff to meet various vendors, find special offers, and learn about the many different services offered by on- and off-campus departments.

The Foundation was represented at several locations at the annual event, including the Bronco Bookstore, Kellogg West, campus catering, and the Farm Store.

The Bronco Bookstore gave out informational flyers and CPP-themed car fresheners, and hosted a raffle for a pair of headphones; Marketing Coordinator, Darren Isomoto, was the winner.

Kellogg West Catering coordinated a raffle for a free lunch for two at the Kellogg West Restaurant, which received four winners: Karen Martin from Distribution Services, Carla Terrence from Enterprise Applications, Selyna Beverly from Academic Programs, and Kim Alm from the Political Science department.

Campus catering offered several informational brochures as well as coupons good for catering orders from Starbucks, Qdoba, Subway, Round Table Pizza, Peet’s Coffee and Tea, and Einstein Bros Bagels.

The Farm Store offered samples of their famous fresh-squeezed orange juice and also distributed avocado scoopers and coupons.

The annual Vendor Fair gives the Foundation the opportunity to reach out and inform CPP faculty and staff members about our various services. The Foundation plans to participate again in the future.

Foundation Participates in the 2015 Vendor Fair

Kellogg West Catering

Campus Catering

Bronco Bookstore

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Cal Poly Pomona (CPP) was recently awarded at the Sponsor Recognition Breakfast hosted by the American Red Cross (ARC), Southern California Blood Services Region, which spans from Los Angeles, Orange, Ventura, Riverside, San Bernardino, San Diego, and Imperial Counties.

In 2014, Student Health and Counseling Services and ARC held 25 blood drives on campus and collected an astounding 1,468 pints, only 14 short of the largest amount collected by a university or college site; CPP’s neighbor, Mt. San Antonio College, collected the most blood in 2014. Nevertheless, CPP was awarded for their impressively high number of pints and also received the platinum recognition award for outstanding support.

“Hosting blood drives every month has greatly increased our ability to reach more people, potentially saving many more lives,” stated Marketing Coordinator of Student Health and Counseling Services Debbie Jackley.

CPP has a fixed partnership with ARC, as the university declared ARC the sole source of blood drives on the CPP campus in 2013. The CPP Foundation is proud of the relationship forged between ARC at Innovation Village and the university.

Although CPP and ARC had an incredibly successful 2014, more help is always needed at blood drives.

“We need the support and commitment from student clubs and organizations who can greatly impact their peers and secure more donors at the drives,” states Debbie. “Blood drives are planned out more than a year in advance, so if any student club or organization would like to host a drive for the next academic year (July 2015—June 2016), please contact me!”

Debbie can be reached at ext. 5309 or dljackley@cpp.edu.

CPP Recognized at American Red Cross Event

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In the late months of 2014, Dean of CLASS Sharon Hilles sent a request to the Cal Poly Pomona Foundation (CPPF) Board of Directors requesting a one-time special Designated Fund gift of $269,499.25 as there were no state funds available for the All-Steinway Initiative, and Cal Poly Pomona (CPP) was four pianos short of its fundraising goal.

The All-Steinway Initiative was started by the music department in September 2013 to equip CPP exclusively with Steinway pianos, which are considered the gold standard in the music industry. In order to receive the All-Steinway School designation, a school must have all Steinway pianos in the recital halls and practice rooms. Fewer than 170 conservatories, universities, and schools of music worldwide are officially designated as All-Steinway Schools.

The pianos purchased from Steinway were only offered at a discounted price until the end of the 2014 calendar year, so a special Board of Directors meeting was called at the request of then-CPP President J. Michael Ortiz to vote on a single resolution authorizing this request.

On December 11, 2014, the CPPF Board of Directors voted to add this special gift to the already approved Designated Fund budget of $1, 817,109 for 2014-2015. This increased our total Designated Gift to the university to $2,086,609. This is money that goes directly to the university regardless of whether CPPF shows a profit at the end of fiscal year 2014-2015.

With this gift, CPPF became the largest donor to the All-Steinway Initiative and helped CPP become an All-Steinway School.

The All-Steinway School Designation Celebration took place on April 2 in the music recital hall foyer. This event was to celebrate the designation of becoming an All-Steinway School and recognize those who helped acquire this designation. Senior Managing Director and Chief Financial Officer David Prenovost represented CPPF at the event.

Since 1969, CPPF has supported the university by donating over 45 million dollars in Designated Gifts. That is almost 50 years of continual support for quality education!

Foundation Helps Cal Poly Pomona Become All-Steinway School

President Coley, former President J. Michael Ortiz, former First Lady Mrs. Betty Ortiz, and Foundation CFO David Prenovost were some of the many guests at the

All-Steinway School Celebration.

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Spring Harvest Farm 2 Table Dinner

The College of Agriculture held its first Spring Harvest Farm 2 Table Dinner on Saturday, March 21 near the Farm Store at Kellogg Ranch.

The event celebrated Southern California agriculture and the fact that the region is one of the few places farmers are harvesting in the spring. Much of the food was grown by Cal Poly Pomona agricultural students using sustainable practices.

The College of Agriculture also honored businessman Jim Hicks for his accomplishments in the agricultural industry and his long support of agricultural education from grade school to the university. Hicks was the inaugural recipient of the Agricultural Achievement Award, which will be named in his honor in subsequent years.

Guests enjoyed food prepared by Arnold Zavalza, executive chef for Cal Poly Pomona Foundation’s dining services at Los Olivos. Wine and beer from Cal Poly Pomona’s Horsehill Vineyards and Innovation Brew Works, respectively, were also served. They also heard current students speak about how their education in the College of Agriculture is preparing them for their future careers.

“This sort of event showcases the direction in which Dining Services is going at Cal Poly Pomona,” states Dining Services Director Aaron Neilson. “We see a renewed partnership with the College of Ag, where we can serve more and more campus-grown products in our operations, particularly Los Olivos Dining Commons and Kellogg West Conference Center and Hotel.”

For more pictures of the Spring Harvest Farm 2 Table Dinner, visit http://on.fb.me/1ciQxOI.

The Foundation helped make this special spring event a success ...

Los Olivos Executive Chef Arnold Zavalza with President Coley

Tables were set near the Farm Store at Kellogg Ranch

Guests enjoyed their meals prepared by Chef Arnold Zavalza

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MENU

- TO BE SERVED “FAMILY STYLE” - 5:15 call to dinner

Farm to Fork Dinner

All meats and vegetables used on the preparation of the menu were locally sourced and responsibly grown to minimize impact on the environment

Reception - In Reception Area

Display of Italian Meats, CPP Grown Vegetables, Imported & Domestic Cheese

First Course - Pre-set:

CPP Grown Tomato Gazpacho with CPP Grown Heirloom Radishes

Second Course - Pre -set:

CPP Grown Assorted Greens Salad with CPP Grown Fresh Strawberries, CPP Grown Orange Segments, CPP Grown Tomatoes & CPP Grown Sweet Potato Straw, Laced in CPP Grown Raspberry Vinaigrette

Third Course:

CPP Farm Raised Lamb Tikka MasalaFlame Roasted, then simmered in a CPP Grown Tomato Sauce with Exotic Aromatics & Spices, Herbs, Coconut Milk and

Yogurt - Served with Black eye Pea Basmati Rice, Roasted Brussel Sprouts & Cilantro Chutney

Korean Style CPP Farm Raised PorkMarinated in a blend of Garlic, Serrano Chiles, Fresh Ginger, Apple Vinegar, Brown Sugar, Soy Sauce and Sesame Oil.

Served with Pan Braised Tri-Color CPP Grown Chard & Caramelized Grannie Smith Apples

Argentinian Style BeefMarinated in a Blend of Fresh Garlic, Pepper, Chili Flakes, Lime Juice and Red Wine Vinegar Then Grilled to Perfection.

Served with Chimichurri Sauce, Roasted Baby Potatoes and Oven Baked CPP Tomatoes

Vegetarian Mediterranean Sampler Platter Hummus, Tabbouleh, Olives, Falafel, Feta Cheese, Roasted Tomatoes, Cucumbers, Dates and Flat Bread

Grand Finale:

Bourbon Vanilla Cream Brule & Chocolate Coated CPP Long Stem Strawberries

Spring Harvest Farm 2 Table Dinner Menu ...

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Dear Paul Storey:

On behalf of the Cal Poly Pomona 23rd Annual Unity Luncheon committee, I would like to thank you very much for your kind donation. Your donation was amongst dozens that were highlighted and promoted at this year’s event. Thanks to your help, more than $1,858 was raised for Cal Poly Pomona student scholarships!

Once again, thank you for supporting the Unity Luncheon and our Cal Poly Pomona students.

Sincerely,

Rosa Lamas SerratosCEMaST, College of ScienceCalifornia State Polytechnic University, PomonaUnity Luncheon Committee

Notes of Gratitude ...

Dr. Joely Proudfit spoke at the 2015 Unity Luncheon.

Foundation Dining Services,

On behalf of First Graduate, I want thank you for the excellent service we received at Los Olivos Dining Hall last week during our college visit. Our students and staff had a very positive experience. We appreciate all the effort and time you put into our visit.

Best regards,

Marisol Bueno-BrubakerProgram Associate, College Prep Team

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On Tuesday, March 17, Los Olivos hosted a successful St. Patrick’s Day luncheon full of festive décor, music, and of course, food. Guests had an array of choices, including corned beef and cabbage, Irish style mac and cheese, quiche, and a potato skins bar. Guests also got to indulge in cheesecake, butterscotch scones, and Irish soda bread for dessert.

Los Olivos’ next luncheon is on May 5 in celebration of Cinco de Mayo.

Los Olivos Hosts St. Patrick’s Day Luncheon

Los Olivos employees smile for the camera.

The Los Olivos dining hall filled up quickly.

Los Olivos personnel show off their St. Patrick’s Day attire.

Financial Analyst Karen Sandoval and Executive Administrative Assistant Debra Poe enjoy their lunch.

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Unaudited Financial Statement Highlights – Feb. 2015EXECUTIVE SUMMARYThe purpose of this article is to provide information related to the un-audited financial performance of the Foundation for the month of February 2015. The Foundation generated a surplus in excess of budgeted for the month mainly due to unrealized gains from endowment investments.

ENTERPRISESSummary – For the month ended, the Enterprise operations generated a surplus greater than budgeted due to all operations outperforming their respective budgets except for University Village.

Bronco Bookstore – Revenues exceeded budget by 40.7% or $80,368 mainly due to soft goods and supply sales. Cost of goods is 74% versus 78%; payroll and expenditures are 60% versus 90% of revenues. We appreciate the University’s support and the President’s request that what you spend on campus stays on campus.

Dining Services – Revenues exceed budget by 7.7% or $147,648 mainly due to Retail revenues exceeding budget. These revenues consist of 58% from retail and 42% from board operations; cost of goods sold is 36.4% versus 37% of budget, salaries and expenditures are 53.1% versus 53.1% of budgeted revenues. Retail revenues exceed budget by 14.5% or

Monthly Budget

Monthly Actual

Monthly Variance

Y T D Budget

Y T D Actual

Enterprise ActivitiesBookstore (136,425) (97,510) 38,915 54,359 184,434 Dining Services 185,717 212,235 26,518 (23,502) 533,774 Kellogg West Conf. & Hotel 4,988 23,833 18,845 (13,905) 83,091 University Village Housing 292,200 277,524 (14,676) 593,009 498,516 Subtotal: 346,480 416,082 69,602 609,961 1,299,815

General ActivitiesFoundation Administration (84,633) 38,784 123,417 (736,049) (344,339)Real Estate Development (9,786) 1,085 10,871 267,767 468,047 Investments 123,315 741,032 617,717 789,582 (110,487)Building Rental 8,991 4,358 (4,633) 71,414 51,153 Subtotal: 37,887 785,259 747,372 392,714 64,374

Designated Funds (150,118) (64,087) 86,031 (1,430,644) (899,972)

Other ActivitiesResearch Office 3,754 2,096 (1,658) 30,004 28,272 Agriculture (52,014) (69,337) (17,323) 207,955 (168,622)Continuing Education 170,852 (153,944) (324,796) 261,900 526,117 Fdtn Programs-Unrestricted 0 (44,551) (44,551) 0 (86,554) Subtotal: 122,592 (265,736) (388,328) 499,859 299,213

Net Surplus/(Deficit) Unrestricted:

356,841 871,518 514,677 71,890 763,430

Fdtn Programs-Restricted 206,775 (11,854) (218,629) 1,654,200 3,086,550 Endowment Programs-Restricted

472,993 3,682,343 3,209,350 7,534,971 3,819,376

Net Surplus/(Deficit)Restricted

679,768 3,670,489 2,990,721 9,189,171 6,905,926

Net Surplus/(Deficit) Grand Total:

1,036,609 4,542,007 3,505,398 9,261,061 7,669,356

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$152,310; cost of goods is 38.6% versus 37.9% of budget, salaries are 30.2% versus 30.3% of budget and expenditures are 25.2% versus 24.9% of budget generating a surplus of $72,056 versus $71,121 budgeted. Board operation revenues are less than budget by 0.54% or $4,662; costs of goods are 33.4% versus 35.9% of budget, salaries are 20.5% versus 22.6% of budget and expenditures are 29.4% versus 27.8% of budget generating a surplus of $142,140 versus $117,513.

Kellogg West Catering/Dining – Revenues exceed budget by 7.2% or $9,198, cost of goods is 28.9% versus 29.6%, salaries are 53.6% versus 54.1% and expenditures are 27.6% versus 32.8% of revenues generating a deficit of $14,015 versus $21,299 budgeted.

Kellogg West Conference Center & Hotel – Revenues exceed budget by 16.8% or $21,465, salaries are 34.6% versus 38.9% and expenditures are 49.4% versus 57.9% of revenues generating a surplus of $23,832 vs $4,988 budgeted.

University Village – Revenues are less than budget by $7,787 or 0.80%, salaries and expenditures are 71% versus 70% of budget generating a surplus greater than budgeted. GENERAL ACTIVITIESGeneral Activities reported a surplus versus a budgeted deficit mainly due to unrealized general investment gains in the markets.

DESIGNATED EXPENSESDesignated Gifts generated a deficit below budget due to expenditures less than proposed.

OTHER ACTIVITIES

Sponsored Research has generated a year to date surplus of $26,768 versus a budgeted surplus of $30,004; year to date indirect revenues are under budget by 13% or $102,503 and direct grant expenditures are over budget by 0.18% or $11,946 generating an effective rate of 9.98% versus the budgeted rate of 11.5%.

Agriculture-Aid-to-Instruction year to date revenues are under budget by 20% or $510,680, costs of goods are 23%

versus 21% of budget and payroll and expenditures are 85% versus 71% of budget generating a year to date deficit of $168,623 versus a budgeted surplus of $207,955.

Continuing Education year to date revenues exceed budget by 0.81% or $25,180; payroll and expenditures are 83% versus 92% of budget generating a year to date surplus of $522,816 versus a budgeted surplus of $260,100.

Foundation Programs–Unrestricted includes the activities that are not third party donor imposed stipulations. Year to date revenues are 75% or $131,299 less than budgeted and 68% or $183,412 short of prior year due to prior fiscal quarters indirect cost recoveries allocation between unrestricted and restricted programs; expenditures (excluding Transfers to the University # 7344 and Roth Project 461830) are 91% or $44,801 short of budget and exceed prior year by 54% or $171,400 generating a year to date deficit of $86,554 versus a zero budget.

Foundation Programs-Restricted revenues exceed budget by 70% or $4.2 million due to the annual endowment distribution reported in September and budgeted evenly over the fiscal year; expenditures exceed budget by 62% or $2.6 million generating a surplus greater than budgeted.

Endowment Programs-Restricted includes donations and investments and has unrealized losses of $531,293 vs budgeted unrealized gains of $3.6 million; donations exceed budgeted by 5.8% or $507,505 generating a surplus of $3.8 million versus $7.5 million budgeted net of endowment distributions and fees.

If you have any question or need additional information, please contact David Prenovost at dfprenovost@csupomona.edu or call (909) 869-2948.

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Schedule of New Grants

Project Title Awarding Agency New Awards College/Division Project Director

Supporting Educational Programs in Transportation Engineering and Planning

The Regents of the University of California

17,647 Engineering Xudong Jia

Microbiological Quality of Packaged Ice

International Packaged Ice Association

14,967 Science Wei-Jen Lin

Advanced Research on Environmental Justice Analysis

Southern California Association of Governments

25,524 Environmental Design

Dohyung Kim

Mapping Water and Nitrogen Use Efficiency in a Recombiant Inbred Line of Lettuce

California Leafy Green Research Board

45,000 Agriculture David Still

Collegiate Cyber Defense Competition

University of Texas, San Antonio

16,000 Business Administration

Dan Manson

WET Student Co-Op Program

Water Entertainment Technology (WET)

3,000 Academic Affairs

Michael Millar

CAREER: Building a Unified Framework for Galactic Star Formation Rates

National Science Foundation

56,046 Science Matthew Povich

Strengthening the Foundation for STEM Student Success

CSU Chancellors Office 118,095 Academic Affairs

Claudia Pinter-Lucke

296,279

March 31, 2015