STATEMENT OF ACTIVITIES REVENUE AND SUPPORT Federal Contracts and Grants $22,417,886 State Contracts and Grants $9,927,802 Other Contracts and Grants $7,227,447 Indirect Cost Recovery–C&G $8,062,849 Administrative and Program Fees $269,704 Campus Organizations and Other Revenue and Support $3,354,174 Gifts $895,889 Investment Income $4,130,071 Other Revenue and Support $40,393 Transfers from SJSU and Tower Foundation $1,358,641 Total Revenue $57,684,856 State Contracts and Grants $9,927,802 Other Contracts and Grants $7,227,447 Federal Contracts and Grants $22,417,886 Total Expenses $55,245,052 FISCAL YEAR ENDING 06/30/2021 EXPENSES Program Activities Sponsored Programs $39,632,479 Board Designated Programs $516,540 Campus Organizations Expenditures $3,428,556 Support Activities– Management and General $9,167,477 Transfers to SJSU and Tower Foundation $2,500,000 CHANGE IN NET POSITION $2,439,805 Net Position at beginning of Year $16,794,803 Net Position at end of Year $19,234,608 Indirect Cost Recovery-C&G Other Revenue and Support $8,062,849 Other Revenue and Support $10,048,872 20 SJSU RESEARCH FOUNDATION
