The U C Davis Foundation
- Assets
- $716.3m
- Revenue
- $111.0m
- Investments
- $661.5m
- Employees
- 0
- Location
- Davis, CA
- Founding
- 08/1961
- Data as of
- 06/2021
- EIN
- 94-6081352
Organization Overview
The U C Davis Foundation is located in Davis, CA. The organization was established in 1961. 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. U C Davis 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 06/2021, U C Davis Foundation generated $111.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $52.4m during the year ending 06/2021. While expenses have increased by 6.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE UC DAVIS FOUNDATION IS TO SECURE, STEWARD AND MANAGE PRIVATE GIFTS FOR UC DAVIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ENDOWMENT AND CURRENT USE FUNDS PROVIDES FOR SCHOLARSHIPS, FELLOWSHIPS, PROGRAM SUPPORT, AND OTHER SUPPORT FUNCTIONS OF THE DAVIS CAMPUS OF THE UNIVERSITY OF CALIFORNIA.
THE FOUNDATION RAISES, RECORDS AND MANAGES GIFTS FROM INDIVIDUALS CORPORATIONS, ORGANIZATIONS AND FOUNDATIONS FOR THE SOLE BENEFIT OF UC DAVIS IN ACCORDANCE WITH DONORS' WISHES. THE FOUNDATION PAYS A PERCENTAGE OF CURRENT USE AWARDS RECEIVED, REFERRED TO AS GIFT FEES, A PERCENTAGE OF ENDOWMENT EARNINGS, KNOWN AS ENDOWMENT COST RECOVERY FEES TO UC DAVIS TO REIMBURSE FOR PERSONNEL SERVICES AND USE OF FACILITIES PROVIDED TO THE FOUNDATION, AND A PERCENTAGE OF ENDOWMENT EARNINGS KNOWN AS ENDOWMENT INFRASTRUCTURE FEES TO UC DAVIS TO REIMBURSE FOR INDIRECT COSTS OF THE ENDOWMENT PAYOUT.
THE UC DAVIS PRIZE FOR UNDERGRADUATE TEACHING AND SCHOLARLY ACHIEVEMENT IS AN ANNUAL AWARD TO RECOGNIZE FACULTY EXCELLENCE. ORIGINATED IN 1986, THE PRIZE HONORS ONE UC DAVIS FACULTY MEMBER EACH YEAR, SELECTED FOR HIS OR HER OUTSTANDING ACHIEVEMENTS AS A TEACHER OF UNDERGRADUATES AND A SCHOLAR. EACH YEAR, A SELECTION COMMITTEE COMPOSED OF FACULTY, STUDENTS AND REPRESENTATIVES FROM THE UC DAVIS FOUNDATION BOARD OF TRUSTEES CHOOSES THE RECIPIENT. THE PRIZE IS TYPICALLY PRESENTED AT A DINNER GALA HOSTED BY THE UC DAVIS FOUNDATION. DUE TO COVID-19, THE 2020 GALA WAS HELD VIRTUALLY.
THE FOUNDATION'S ENDOWMENT AND CURRENT USE FUNDS PROVIDES FOR SCHOLARSHIPS, FELLOWSHIPS, PROGRAM SUPPORT, AND OTHER SUPPORT FUNCTIONS OF THE DAVIS CAMPUS OF THE UNIVERSITY OF CALIFORNIA.
THE FOUNDATION RAISES, RECORDS AND MANAGES GIFTS FROM INDIVIDUALS CORPORATIONS, ORGANIZATIONS AND FOUNDATIONS FOR THE SOLE BENEFIT OF UC DAVIS IN ACCORDANCE WITH DONORS' WISHES. THE FOUNDATION PAYS A PERCENTAGE OF CURRENT USE AWARDS RECEIVED, REFERRED TO AS GIFT FEES, A PERCENTAGE OF ENDOWMENT EARNINGS, KNOWN AS ENDOWMENT COST RECOVERY FEES TO UC DAVIS TO REIMBURSE FOR PERSONNEL SERVICES AND USE OF FACILITIES PROVIDED TO THE FOUNDATION, AND A PERCENTAGE OF ENDOWMENT EARNINGS KNOWN AS ENDOWMENT INFRASTRUCTURE FEES TO UC DAVIS TO REIMBURSE FOR INDIRECT COSTS OF THE ENDOWMENT PAYOUT.
THE UC DAVIS PRIZE FOR UNDERGRADUATE TEACHING AND SCHOLARLY ACHIEVEMENT IS AN ANNUAL AWARD TO RECOGNIZE FACULTY EXCELLENCE. ORIGINATED IN 1986, THE PRIZE HONORS ONE UC DAVIS FACULTY MEMBER EACH YEAR, SELECTED FOR HIS OR HER OUTSTANDING ACHIEVEMENTS AS A TEACHER OF UNDERGRADUATES AND A SCHOLAR. EACH YEAR, A SELECTION COMMITTEE COMPOSED OF FACULTY, STUDENTS AND REPRESENTATIVES FROM THE UC DAVIS FOUNDATION BOARD OF TRUSTEES CHOOSES THE RECIPIENT. THE PRIZE IS TYPICALLY PRESENTED AT A DINNER GALA HOSTED BY THE UC DAVIS FOUNDATION. DUE TO COVID-19, THE 2020 GALA WAS HELD VIRTUALLY.
THE FOUNDATION'S ENDOWMENT AND CURRENT USE FUNDS PROVIDES FOR SCHOLARSHIPS, FELLOWSHIPS, PROGRAM SUPPORT, AND OTHER SUPPORT FUNCTIONS OF THE DAVIS CAMPUS OF THE UNIVERSITY OF CALIFORNIA.
THE FOUNDATION RAISES, RECORDS AND MANAGES GIFTS FROM INDIVIDUALS CORPORATIONS, ORGANIZATIONS AND FOUNDATIONS FOR THE SOLE BENEFIT OF UC DAVIS IN ACCORDANCE WITH DONORS' WISHES. THE FOUNDATION PAYS A PERCENTAGE OF CURRENT USE AWARDS RECEIVED, REFERRED TO AS GIFT FEES, A PERCENTAGE OF ENDOWMENT EARNINGS, KNOWN AS ENDOWMENT COST RECOVERY FEES TO UC DAVIS TO REIMBURSE FOR PERSONNEL SERVICES AND USE OF FACILITIES PROVIDED TO THE FOUNDATION, AND A PERCENTAGE OF ENDOWMENT EARNINGS KNOWN AS ENDOWMENT INFRASTRUCTURE FEES TO UC DAVIS TO REIMBURSE FOR INDIRECT COSTS OF THE ENDOWMENT PAYOUT.
THE UC DAVIS PRIZE FOR UNDERGRADUATE TEACHING AND SCHOLARLY ACHIEVEMENT IS AN ANNUAL AWARD TO RECOGNIZE FACULTY EXCELLENCE. ORIGINATED IN 1986, THE PRIZE HONORS ONE UC DAVIS FACULTY MEMBER EACH YEAR, SELECTED FOR HIS OR HER OUTSTANDING ACHIEVEMENTS AS A TEACHER OF UNDERGRADUATES AND A SCHOLAR. EACH YEAR, A SELECTION COMMITTEE COMPOSED OF FACULTY, STUDENTS AND REPRESENTATIVES FROM THE UC DAVIS FOUNDATION BOARD OF TRUSTEES CHOOSES THE RECIPIENT. THE PRIZE IS TYPICALLY PRESENTED AT A DINNER GALA HOSTED BY THE UC DAVIS FOUNDATION. DUE TO COVID-19, THE 2020 GALA WAS HELD VIRTUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darryl L Goss Chair | OfficerTrustee | 1 | $0 |
Cecelia Lakatos Sullivan Vice Chair | OfficerTrustee | 1 | $0 |
Tania Walden Treasurer/cfo | Officer | 30 | $0 |
Shaun B Keister President | Officer | 10 | $0 |
Paul J Prokop Secretary | Officer | 2 | $0 |
Stephen Meisel Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,456,514 |
| Investment income | $2,369,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,150,232 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,976,640 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $55,000 |
| 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 | $7,214 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,541 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,236 |
| 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 | $25,682 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,365,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,658 |
| Savings and temporary cash investments | $31,707,023 |
| Pledges and grants receivable | $23,085,907 |
| Accounts receivable, net | $4,854 |
| 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 | $15,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $661,478,539 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $716,342,130 |
| Accounts payable and accrued expenses | $70,816 |
| Grants payable | $0 |
| Deferred revenue | $9,947,681 |
| 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 | $7,792,834 |
| Total liabilities | $17,811,331 |
| 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 | $698,530,799 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The U C Davis Foundation has recieved totaling $119,860.
| Awarding Organization | Amount |
|---|---|
Caners Foundation Endowment For Research Scholarship Sacramento, CA PURPOSE: RESEARCH AWARD | $92,000 |
Goss Family Foundation Irving, TX PURPOSE: GENERAL SUPPORT | $11,000 |
W James And Jane K Truettner Foundation Crested Butte, CO PURPOSE: GENERAL SUPPORT | $7,500 |
Taj And Zakir Syed Family Charitable Foundation Inc Sacramento, CA PURPOSE: SIX ISLAMIC STUDIES SCHOLARSHIP AWARDS | $6,360 |
Goss Family Foundation Irving, TX PURPOSE: FOR FURTHER CREDIT TO THE COLLEGE OF LETTERS & SCIENCE | $3,000 |
Endowment Analysis
| Beg. Balance | $484,130,252 |
| Earnings | $153,977,022 |
| Admin Expense | $988,112 |
| Net Contributions | $22,724,183 |
| Other Expense | $130,137 |
| Grants | $16,852,637 |
| Ending Balance | $642,860,571 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Enterprises Inc Sacramento, CA | $150,298,368 | $99,291,560 |
University Of California Irvine Foundation Irvine, CA | $884,006,067 | $143,548,070 |
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |