Partnership for Haas Preeminence
- Assets
- $344.0k
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 01/2014
- Data as of
- 12/2018
- EIN
- 45-5126076
Organization Overview
Partnership for Haas Preeminence is located in Menlo Park, CA. The organization was established in 2014. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. Partnership for Haas Preeminence is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Partnership for Haas Preeminence generated $8.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $70.3m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE EXCLUSIVE OBJECTIVE AND PURPOSE OF PARTNERSHIP FOR HAAS PREEMINENCE IS TO FUND AND MANAGE THE DESIGN AND IMPLEMENTATION OF THE UNIVERSITY OF CALIFORNIA, BERKELEY HAAS SCHOOL OF BUSINESS MASTER SPACE PLAN, STRATEGIC FACILITIES STUDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXPENSES ASSOCIATED WITH THE FOLLOWING PROJECT ACCOMPLISHMENTS WERE CAPITALIZED (CAPITAL PROJECT - PHASE II). UPON COMPLETION, THE ASSETS WERE GIFTED TO THE UNIVERSITY OF CALIFORNIA, BERKELEY AT BOOK VALUE: CONTINUING AND ONGOING PROJECT MANAGEMENT REGARDING DEVELOPMENT/CONSTRUCTION OF THE 80,000 SF NORTH ACADEMIC BUILDING INCLUDING INTERFACE WITH THE UCB-CAPITAL PROJECTS. ACHIEVED PHASED OCCUPANCY OF THE BUILDING COMMENCING JULY 2017 WITH 100% OCCUPANCY ACHIEVED IN OCTOBER 2017. COMPLETED CONSTRUCTION AND SITE WORK. WE NOW HAVE LEED PLATINUM CERTIFICATION WITH WELL CERTIFICATION PENDING. HAVE INITIATED THE DISSOLUTION AND WIND DOWN OF 501C3 ENTITY BY END OF FEBRUARY 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren E Spieker Jr President | OfficerTrustee | 1 | $0 |
Richard K Lyons Treasurer | OfficerTrustee | 1 | $0 |
Walter S Hallanan III Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vance Brown Inc General Contractor | 12/30/18 | $506,832 |
Integrated Communication Systems Audio Visual | 12/30/18 | $439,018 |
Hallanan & Company Project Management | 12/30/18 | $171,743 |
Solar Spectrum Solar Equipment | 12/30/18 | $104,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,220,917 |
| Noncash contributions included in lines 1a–1f | $7,520,917 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,220,917 |
| Total Program Service Revenue | $0 |
| Investment income | $118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $77,333 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,298,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,837,002 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,421 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $341,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $795 |
| All other expenses | $0 |
| Total functional expenses | $70,260,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,170 |
| Savings and temporary cash investments | $196,785 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,955 |
| Accounts payable and accrued expenses | $13,741 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,741 |
| Unrestricted restricted net Assets | $194,702 |
| Temporarily restricted net Assets | $135,512 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $330,214 |
Grants Awarded
Over the last fiscal year, Partnership for Haas Preeminence has awarded $69,837,002 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UC BERKELY HAAS BUS SCHOOL PURPOSE: Support Haas Business School | $68,932,002 |
UC BERKELY HAAS BUS SCHOOL PURPOSE: Support Haas Business School | $905,000 |