Annual Report on External Support to the California State
University includes, for the first time, tables detailing
philanthropic support. Using a reporting convention that is
a variation of the accrual system, these tables present what
is thought to be the best perspective on the level of current
philanthropic productivity. The methodology subtracts prior-year
pledge payments from gift receipts; and includes new pledges
up to five years in duration, plus new documented testamentary
provisions from individuals over 62 years of age. The philanthropic
support total is presented to highlight the results of current
year fundraising efforts.
The data presented under “charitable gifts” conforms
to reporting standards employed by the national Voluntary
Support of Education (VSE) survey conducted by the Council
for Aid to Education. This survey is completed by over 80
percent of all colleges and universities for comparative purposes.
The VSE survey uses a cash-based methodology that includes
outright gifts and pledge payments (gift receipts), but does
not include new pledges or revocable testamentary commitments.
This reporting convention is thought to present the best cash
flow perspective. The charitable gift source and purpose detail
presented in this report utilizes data submitted through the
For the purposes of this report, deferred gifts, pledges and
testamentary commitments are recorded at face value. This
differs from accounting standards used to produce the annual
audited financial statements. In audited financial statements,
the gift asset is recorded at the discounted present value.
Also, based on an accrual method, financial statements record
unconditional pledges on the revenue side at the time they
are promised, and balance the asset with receivable accounts
that are reduced as pledge payments are recorded. Due to the
difference in reporting conventions, data presented in this
External Resources report will vary from the audited financial
Finally, in addition to philanthropic support, the California
State University tracks revenue derived from other external
sources. Defined as special revenue, the data indicates investments
from commercial sponsorships, contracts, government and proprietary
grants, government property transfers, and endowment distribution.
This data, as well as alumni membership data, is collected
based on guidelines established by the Office of the Chancellor.