About the Foundation

Proudly serving as a steward of gifts to 51±¬ÁÏÍø and playing an active role in creating awareness, enhancing engagement and inspiring investment.

Front of the Alumni Center

Our core objective is to advise, govern, oversee policy and direction and assist with the leadership and general promotion of the Foundation to support the organization’s mission and needs.

Board of Directors

The Foundation of 51±¬ÁÏÍø is an auxiliary organization of The California State University ("CSU") and serves as the philanthropic arm of the university. It is governed by the California Education Code §8900 et seq. and the administrative regulations of The CSU as outlined in Title 5 of the California Code of Regulations.

The Foundation’s 2026-2027 Board of Directors:

Jeanne Adams, Director
Curator and Advisor
Committee: Governance Committee

Bob Behl, Director
Retired Entrepreneur and Angel Investor
Committee: Investment Committee

Cyd Crampton, Treasurer
Vice President, Financial Advisor, RBC Wealth Management
Committee: Investment Committee

Milo Drake, Student Director
Associated Students Executive Officer and Vice President of Financial Affairs, California State University, Monterey Bay

Gregory Gonzalez, Chair
Director of Agriculture, Thornhill Ranches
Committee: Governance Committee

Arlene L. Maki Haffa, Ph.D., Faculty Director
Professor, California State University, Monterey Bay
Committee: Audit Committee

Melissa Jarnagin, Ex Officio
Vice President for Administration and Finance, California State University, Monterey Bay

Steven Keller, Secretary
Senior Vice President and Senior Financial Advisor, Merrill Lynch
Committee: Governance Committee

Susan Lansbury, Director
Advisor
Committee: Investment Committee

Jordan Leininger, Director
Cultural Heritage Collections Manager
Committee: Governance Committee

Michael LaPlante, Chief Executive Officer
Vice President for University Advancement, California State University, Monterey Bay
Committees: Governance Committee, Investment Committee

Caroline MacDonald, Director
Executive Vice President and Chief Operating Officer, Pebble Beach Company

Ian N. Oglesby, Vice Chair
Mayor, City of Seaside
Committee: Governance Committee

Eric Peterson, Director
District Manager, Northern District, Driscoll's
Committee: Audit Committee

Carlos Vargas-Aburto, Ph.D., Ex Officio
Interim President, California State University, Monterey Bay

Debbie Sober, Director
Chief Nursing Officer, Montage Health
Committee: Audit Committee


Our Mission and Purpose

The Foundation is organized for the following public and charitable purposes:

  • Foster, encourage, and promote the goals and purposes of California State University, Monterey Bay (“51±¬ÁÏÍø”) including providing strategic advice and counsel to the president and other university officers;
  • Promote a greater and better understanding in the community of 51±¬ÁÏÍø’s role and policies as they relate to 51±¬ÁÏÍø’s higher education mission;
  • Administer gifts, bequests, devises, endowments, trusts and similar funds, and provide short and long-term management of these investment funds; and
  • Play an active role in fundraising and development processes in support of 51±¬ÁÏÍø;
  • Provide financial assistance to 51±¬ÁÏÍø and its goals and purposes through gifts, loans, and allocations to 51±¬ÁÏÍø and its controlled affiliates;
  • Do any other act or thing and engage in and carry on any other activity in any manner connected with or incidental to, or calculated to promote, assist, aid, or accomplish any of the aforesaid purposes.

Ethics

The Foundation of Cal State Monterey Bay is committed to ethical leadership, transparency and responsible stewardship. The following principles guide the conduct of board members and staff.

Each board director is responsible for upholding ethical standards in all public conduct and in all services provided in support of the Foundation. This includes acting with integrity, accountability and transparency in decision-making, and ensuring that all actions reflect the Foundation’s mission and commitment to responsible stewardship.

The Board of Directors exercises due diligence in supporting the Foundation. Each director:

  • Acts in good faith

  • Exercises the care that an ordinarily prudent person would under similar circumstances

  • Acts in the best interest of the Foundation at all times

  • Remains informed about the Foundation’s financial status

  • Uses accurate and complete information to guide decisions

  • Maintains familiarity with Foundation policies and procedures

Directors act in the best interest of the Foundation rather than in the interest of any individual or outside organization. All board members and Foundation staff disclose any known or potential conflicts of interest.

The Board of Directors establishes policies and procedures to ensure all fundraising and gift management activities meet or exceed applicable laws and ethical standards.

The Foundation of Cal State Monterey Bay provides reasonable compensation for services when appropriate. Directors are not compensated for their service, except for reimbursement of approved expenses or in limited circumstances when compensation is determined to be in the best interest of the Foundation and does not present a conflict of interest.

Policies, Procedures and Financials Governing the Foundation

Policies and Financials

Explore audits, tax returns and other financial reports pertaining to the Foundation.

Board Meetings

The Foundation's Board of Directors meets regularly throughout the year, typically once each quarter. You can access meeting agendas, minutes and documents for the past several years of Board meetings.

Investment Committee

The Foundation's Investment Committee meets approximately three times per year. Explore Investment Committee agendas, documents and Zoom recordings of prior years’ meetings.

Rocky beach and sea water

Questions? We’re Here to Help.

Our offices are located in the 51±¬ÁÏÍø Alumni & Visitors Center, 100 Campus Center, Seaside, CA 93955.

Foundation Annual Report Magazine

Discover the latest news in the 2025 issue of the Foundation Annual Report Magazine.

Nancy Ayala

Governance and Compliance Manager

Mike LaPlante

CEO of the Foundation