U C San Diego Foundation
- Assets
- $1.7b
- Revenue
- $199.9m
- Investments
- $1.1b
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 11/1996
- Data as of
- 06/2021
- EIN
- 95-2872494
Organization Overview
U C San Diego Foundation is located in La Jolla, CA. The organization was established in 1996. 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 San Diego 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 San Diego Foundation generated $199.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $74.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, U C San Diego Foundation has awarded 14 individual grants totaling $819,456,237. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE AND RAISE PRIVATE SUPPORT FOR THE UNIVERSITY OF CALIFORNIA SAN DIEGO, FOR THE PURPOSE OF ITS RESEARCH, TEACHING AND PUBLIC SERVICE MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS IN SUPPORT OF PROGRAMS OF THE UNIVERSITY OF CALIFORNIA, SAN DIEGO: $54,354,290 FOR GENERAL DEPARTMENT SUPPORT, $43,946,983 FOR RESEARCH RELATED FACULTY SUPPORT, $14,490,598 FOR STUDENT AID, $6,651,059 FOR CAPITAL PROJECT CONSTRUCTION.
INVESTMENT EARNINGS PROVIDED TO SUPPORT UC SAN DIEGO FOUNDATION'S OPERATING COSTS, AS WELL AS OTHER FUNDRAISING COSTS, BOTH INCURRED BY THE CAMPUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Spira Executive Vice President | OfficerTrustee | 10 | $0 |
J Silberman Chair | OfficerTrustee | 2 | $0 |
P Thorogood Treasurer | OfficerTrustee | 1 | $0 |
S Hart Immediate Past Chair | OfficerTrustee | 1 | $0 |
P Khosla Chancellor & President | OfficerTrustee | 1 | $0 |
M Cruz Vice President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $461,197 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,881,115 |
| Noncash contributions included in lines 1a–1f | $13,019,015 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,342,312 |
| Total Program Service Revenue | $85,619 |
| Investment income | $11,426,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,004,560 |
| Net Income from Fundraising Events | $46,313 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $199,905,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,646,385 |
| 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 | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $74,330,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $989,587 |
| Pledges and grants receivable | $80,829,021 |
| 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 | $16,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $426,033,738 |
| Investments—other securities | $1,085,368,587 |
| Investments—program-related | $1,043,169 |
| Intangible assets | $0 |
| Other assets | $64,682,718 |
| Total assets | $1,658,962,820 |
| Accounts payable and accrued expenses | $540,769 |
| Grants payable | $0 |
| Deferred revenue | $54,925,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $14,284,217 |
| 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 | $69,745,844 |
| Total liabilities | $139,495,830 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,519,466,990 |
| Total liabilities and net assets/fund balances | $1,658,962,820 |
Grants Awarded
Over the last fiscal year, U C San Diego Foundation has awarded $125,294,983 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: SUPPORT UNIV. PROG. | $125,234,308 |
La Jolla, CA PURPOSE: SUPPORT OF PROGRAMS | $60,675 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that U C San Diego Foundation has recieved totaling $316,505.
| Awarding Organization | Amount |
|---|---|
Palmer And Susan Taylor Foundation Wilmington, DE PURPOSE: PHARMACEUTICAL SCIENCES RESEARCH PROGRAM F-2576 | $100,000 |
Palmer And Susan Taylor Foundation Wilmington, DE PURPOSE: PHARMACEUTICAL SCIENCES RESEARCH PROGRAM F-2576 | $50,000 |
Neurodegenerative Disease Research Inc Reddick, FL PURPOSE: Medical Research | $36,005 |
Palmer And Susan Taylor Foundation Wilmington, DE PURPOSE: ENDOWED PHARMACEUTICAL SCIENCES SCHOLARSHIP FUND, K-7337 PHILIP ANDERSON AND VERONICA VALDES ENDOWED SCHOLARSHIP FUNDS WILL BE USED FOR PHARMACY STUDENT SCHOLARSHIPS | $30,000 |
Palmer And Susan Taylor Foundation Wilmington, DE PURPOSE: KELLY LEE AND DOUGLAS LEE ENDOWED SCHOLARSHIP FUND, K-7259 PHARMACY STUDENT SCHOLARSHIP FUND | $30,000 |
Palmer And Susan Taylor Foundation Wilmington, DE PURPOSE: PHILIP ANDERSON AND VERONICA VALDES ENDOWED SCHOLARSHIP FUND NO. K-7337 | $30,000 |
Endowment Analysis
| Beg. Balance | $1,290,705,714 |
| Earnings | -$106,414,604 |
| Admin Expense | $45,681 |
| Net Contributions | $77,668,484 |
| Grants | $40,384,279 |
| Ending Balance | $1,221,529,634 |
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 |