Key facts

Reported value

USD 44.8 million

As of

FY2025 survey reporting period

Portfolio

Survey respondent endowment

Location

California, PA

Data through FY2025

Balance reference

Endowment size and reporting scope

NACUBO places Foundation for California University of Pennsylvania in PA and reports USD 44.834 million in FY2025. The respondent's name defines the unit being compared across the survey columns. A campus, supporting foundation and investment pool can each publish financial information, and their totals can differ. Permanent gifts and board-designated resources also have different spending permissions. The balance therefore describes the reported assets at a date, with no assumption that all of them are available for general operations. Survey scope and definitions

The FY2025 survey value for Foundation for California University of Pennsylvania is USD 44.834 million, compared with USD 41.441 million for FY2024. The USD 3.393 million movement is 8.19% of the earlier balance. It includes changes in investments as well as additions and distributions. NACUBO explicitly distinguishes this change in market value from an investment rate of return. FY2025 respondent values and definitions

Spending policy and payout

The FY2025 NCSE Under $50M group reports an average effective spending rate of 4.5%. That is a survey-group statistic and is not assigned as Foundation for California University of Pennsylvania's policy. An institution's own spending rule can use several prior valuation dates, a prior-year dollar draw or additional adjustments. Its approved appropriation and the cash ultimately spent by a department can differ in timing. NCSE spending-rate table

For Foundation for California University of Pennsylvania, a closing survey balance and an annual appropriation answer different questions. The survey records how much was held at the reporting date. A spending formula determines support using the valuations specified in that policy. A beneficiary can also spend an approved distribution in a later period. This timing can separate the institution's appropriation from the cash recorded as an expense. Spending measures

Governance and investment office

The FY2025 respondent is Foundation for California University of Pennsylvania, located in California, PA. NACUBO classifies it as a public university foundation. That classification identifies the reporting unit. The survey does not name an investment-office head or establish an individual's current appointment. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. Applicable private institutions must have at least 3,000 tuition-paying students in the preceding tax year, with more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415

Section 4968 excludes state colleges and universities described in Section 511(a)(2)(B). Supporting foundations retain their own legal and filing identities, with related-organization rules read alongside the public-university exclusion. A foundation's public endowment value does not, by itself, assign it a private-college tax tier.

These rates apply to net investment income. Statutory student counts and related-organization rules govern the calculation.

FY2025 size-band comparison

The FY2025 survey value of USD 44.834 million places this respondent in the Under $50M band. The published band contains 76 respondents and USD 2.4 billion of aggregate assets. Its average five-year annualized net return is 10.0%, and its ten-year average is 7.5%. The size band uses the FY2025 NACUBO balance. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2025

NCSE's allocation categories combine strategies with different liquidity and valuation practices. Its Alternatives group can include private capital, hedge funds and real assets. Matching that broad weight would not establish identical holdings. The displayed mix is a survey average, not this institution's target allocation. Published category weights are shown with an explicit rounding difference so the full bar totals 100%. NCSE allocation definitions

Public records and reporting dates

The ProPublica nonprofit API identifies the legal filer as Foundation For California University Of Pennsylvania, EIN 251540183. Its available filing for the year ended June 30, 2024 reports total filer assets of USD 49.085 million, revenue of USD 5.535 million, expenses of USD 5.828 million. These are filer-wide amounts, which can include buildings, operating resources and other assets outside the endowment. The filing period is retained separately from the current investment disclosures. ProPublica structured filing data

Related reading

• Endowment directory
• Endowments by state
• Endowments by size
• Foundation endowments
• Edinboro University Foundation
• Kutztown University Foundation
• West Chester University Foundation