University Of California Berkeley Foundation
- Assets
- $2.5b
- Revenue
- $338.2m
- Investments
- $1.8b
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 07/1950
- Data as of
- 06/2020
- EIN
- 94-6090626
Organization Overview
University Of California Berkeley Foundation is located in Berkeley, CA. The organization was established in 1950. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of California Berkeley Foundation 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 06/2020, University Of California Berkeley Foundation generated $338.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $257.7m during the year ending 06/2020. While expenses have increased by 5.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE INTEREST & PROMOTE THE WELFARE OF THE UNIVERSITY OF CALIFORNIA, BERKELEY. & TO INCREASE THE FACILITIES OF THE UNIV. & TO PROVIDE BROADER EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND ALLOCATIONS TO THE UNIVERSITY OF CALIFORNIA, BERKELEY CAMPUS UNITS AND ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Bertelsen Chair, Governance | OfficerTrustee | 2 | $0 |
Susan Chamberlin Chair | OfficerTrustee | 3 | $0 |
Bettina Duval Vice Chair, Programs | OfficerTrustee | 2 | $0 |
Charles Huang Vice Chair, Governance | OfficerTrustee | 3 | $0 |
Cyrus Hadidi Bemco Board Chair | OfficerTrustee | 1 | $0 |
James Koshland Vice Chair | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evans Latham Campisi Legal Services | 6/29/15 | $203,209 |
Vastardis Capital Services Inv. Perf. Report | 6/29/15 | $188,793 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $269,469,125 |
| Investment income | $7,971,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,726,306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $338,166,506 |
| Statement of Expenses | |
|---|---|
| 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 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 | $615,556 |
| Fees for services: Legal | $5,501 |
| Fees for services: Accounting | $46,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,192,929 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,120 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,995 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,413 |
| All other expenses | $0 |
| Total functional expenses | $257,733,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,170,016 |
| Pledges and grants receivable | $95,317,158 |
| 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 | $1,594,269 |
| Investments—publicly traded securities | $523,824,891 |
| Investments—other securities | $1,845,657,622 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,031,417 |
| Total assets | $2,480,595,373 |
| Accounts payable and accrued expenses | $635,620 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $48,846,077 |
| 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 | $96,460,663 |
| Total liabilities | $145,942,360 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,334,653,013 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that University Of California Berkeley Foundation has recieved totaling $108,050.
| Awarding Organization | Amount |
|---|---|
Annexstad Family Foundation Mound, MN PURPOSE: SCHOLARSHIP | $40,000 |
Leroe Family Charitable Foundation Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $25,000 |
Bolotnick Seaver Family Foundation Inc Boston, MA PURPOSE: PROGRAM SUPPORT | $25,000 |
Foundation Source 1410 Inc Wilmington, DE PURPOSE: THE LAEP AWARD FOR EXCELLENCE IN LANDSCAPE DESIGN FUND | $14,000 |
Jean And Hing Wong Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $4,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Endowment Analysis
| Beg. Balance | $2,173,286,692 |
| Earnings | $784,239,348 |
| Admin Expense | $5,247,977 |
| Net Contributions | $139,778,402 |
| Grants | $106,125,124 |
| Ending Balance | $2,985,931,341 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Oregon Foundation Eugene, OR | $1,406,809,391 | $267,924,803 |
The Ucla Foundation Los Angeles, CA | $5,049,182,336 | $636,368,398 |
University Of California San Francisco Foundation San Francisco, CA | $3,419,389,574 | $724,265,070 |
University Of California Berkeley Foundation Berkeley, CA | $2,480,595,373 | $338,166,506 |
Cal Poly Pomona Foundation Inc Pomona, CA | $112,439,496 | $53,807,212 |
San Diego State University Foundation San Diego, CA | $208,622,845 | $174,580,877 |
University Of Arizona Foundation Tucson, AZ | $1,402,381,950 | $279,111,154 |
Oregon Health And Science University Foundation Portland, OR | $1,419,565,425 | $108,603,763 |
Arizona State University Foundation For A New American University Tempe, AZ | $1,623,439,615 | $233,378,142 |
Oregon State University Foundation Corvallis, OR | $1,086,662,227 | $272,172,005 |
University Enterprises Inc Sacramento, CA | $150,298,368 | $99,291,560 |
University Of California Irvine Foundation Irvine, CA | $884,006,067 | $143,548,070 |