2022-05-13T18:58:15-05:00 2021-06-30 SEILER LLP THREE LAGOON DR STE 400 REDWOOD CITY CA 94065 990 2020-07-01 942829914 UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION % PAUL VELASKI UNIV 4154763618 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 paul velaski CFO 4154763618 2022-05-15 true paul velaski 999009999 DAVID M SACARELOS P00082838 6503654646 2 2020 2022-09-23 18:48:47Z SAMUEL HAWGOOD 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 1542132119 false X www.ucsf.edu X 1982 CA SEE SCHEDULE 0 36 35 0 60 -643591 0 518640064 564316906 0 0 56974189 159948164 0 0 575614253 724265070 405263615 369897642 0 0 0 0 0 0 0 12767648 18170088 418031263 388067730 157582990 336197340 2557473942 3419389574 406781295 461037401 2150692647 2958352173 SEE SCHEDULE O false false 369897642 IN 2021, DISTRIBUTIONS TO UCSF AND RELATED AFFILIATES TOTALED $370 MILLION. DISTRIBUTIONS ARE BASED ON UCSF'S PROGRAMMATIC NEEDS, SUBJECT TO GIFT RESTRICTIONS AND THE FUNDS AVAILABLE IN ANY PARTICULAR YEAR. THEY INCLUDE TRANSFERS OF GIFTS INTENDED TO FUND CAPITAL PROJECTS, GIFTS FOR OTHER PURPOSES, AND ENDOWMENT INCOME. 2021 DISTRIBUTIONS FOR CAPITAL PROJECTS - INCLUDING WEILL NEUROSCIENCE BUILDING, THE MISSION BAY HOSPITAL COMPLEX, PRECISION CANCER MEDICINE BUILDING, SANDLER NEUROSCIENCES CONFERENCE CENTER, CENTER FOR VISION NEUROSCIENCE BUILDING,MARSON LAB, AND ZUCKERBERG SAN FRANCISCO GENERAL ACADEMIC AND RESEARCH BUILDING -TOTALED $30 MILLION. NONCAPITAL DISTRIBUTIONS SUPPORTING RESEARCH, FACULTY, INSTITUTIONAL SUPPORT, MEDICAL CENTER, TEACHING HOSPITAL AND INSTRUCTION NEEDS TOTALED $340 MILLION. 369897642 true true false false false false false false true true false true false false true false false true false false true false false false false false false true false true false false false false false false false true true false false false false true true true false false true 7 0 false 0 true true false false false false false false false false false false false X 36 35 true false false false false false false true true false false true true true true true true false false false CA X PAUL VELASKI 4154763618 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 SAMUEL HAWGOOD PRESIDENT 5.0 50.0 X 0 880377 27887 JENNIFER ARNETT VICE PRESIDENT 12.0 50.0 X 0 551808 17292 KAUSHAL SHAH ASSISTANT TREASURER 12.0 50.0 X 0 429763 93125 PAUL JENNY TREASURER 5.0 50.0 X 0 432871 2375 MICHAEL CLUNE INTERIM TREASURER 5.0 50.0 X 0 344039 9338 JOSEPH CALGER ASSISTANT TREASURER 12.0 50.0 X 0 251715 10635 JOHN GARDNER TRIMBLE ASSISTANT SECRETARY 12.0 50.0 X 0 216469 14189 PAUL VELASKI SECRETARY 12.0 50.0 X 0 167927 15248 PHILIP HAMMARSKJOLD BOARD CHAIR 1.0 0.0 X X 0 0 0 NANCY HELLMAN BECHTLE VICE CHAIR 1.0 0.0 X X 0 0 0 ANDREW ACH DIRECTOR 1.0 1.0 X 0 0 0 ANDREW BALLARD DIRECTOR 1.0 0.0 X 0 0 0 BARBARA BASS BAKAR DIRECTOR 1.0 0.0 X 0 0 0 LYNNE BENIOFF DIRECTOR 1.0 0.0 X 0 0 0 PETER BRIGER DIRECTOR 1.0 0.0 X 0 0 0 TODD CARTER DIRECTOR 1.0 0.0 X 0 0 0 CONNIE CHEN DIRECTOR 1.0 0.0 X 0 0 0 FRED COHEN DIRECTOR 1.0 1.0 X 0 0 0 WILLIAM H DAVIDOW DIRECTOR 1.0 0.0 X 0 0 0 DIPANJAN DEB DIRECTOR 1.0 1.0 X 0 0 0 ROBIN RICHARDS DONOHOE DIRECTOR 1.0 0.0 X 0 0 0 DANA EMERY DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM S FISHER DIRECTOR 1.0 0.0 X 0 0 0 SAMEER GANDHI DIRECTOR 1.0 1.0 X 0 0 0 BRIAN GROSSMAN DIRECTOR 1.0 0.0 X 0 0 0 KATHRYN HALL DIRECTOR 1.0 0.0 X 0 0 0 KENNETH HAO DIRECTOR 1.0 0.0 X 0 0 0 JULIA HARTZ DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL KAHN DIRECTOR 1.0 0.0 X 0 0 0 CARL KAWAJA DIRECTOR 1.0 0.0 X 0 0 0 ARTHUR KERN DIRECTOR 1.0 0.0 X 0 0 0 RICK KIMBALL DIRECTOR 1.0 0.0 X 0 0 0 GEORGE MARCUS DIRECTOR 1.0 0.0 X 0 0 0 AMY MCKNIGHT DIRECTOR 1.0 0.0 X 0 0 0 JASON MOMENT DIRECTOR 1.0 0.0 X 0 0 0 DIANE MORRIS DIRECTOR 1.0 0.0 X 0 0 0 CARMEN POLICY DIRECTOR 1.0 0.0 X 0 0 0 LISA PRITZKER DIRECTOR 1.0 0.0 X 0 0 0 STEVEN READ DIRECTOR 1.0 0.0 X 0 0 0 RICHARD M ROSENBERG DIRECTOR 1.0 0.0 X 0 0 0 JACLYN SAFIER DIRECTOR 1.0 0.0 X 0 0 0 GEORGE SCANGOS DIRECTOR 1.0 0.0 X 0 0 0 SHAHAN SOGHIKIAN DIRECTOR 1.0 0.0 X 0 0 0 JOAN WEILL DIRECTOR 1.0 0.0 X 0 0 0 0 3274969 190089 0 true true false CREWCIAL PARTNERS 750 THIRD AVENUE NEW YORK NY 10017 CONSULTING SERVICES 200000 SEILER LLP THREE LAGOON DRIVE SUITE 400 REDWOOD CITY CA 94065 ACCOUNTING 143210 2 564316906 63048308 564316906 0 12101213 -643591 12744804 0 0 0 0 0 965714000 817867049 147846951 147846951 147846951 0 0 0 0 0 0 0 0 0 0 724265070 -643591 160591755 369897642 369897642 0 0 0 0 0 0 0 0 0 0 115685 115685 192885 192885 0 0 16594047 16594047 1267471 0 1267471 0 0 0 0 0 0 0 0 0 0 0 0 0 388067730 369897642 18170088 0 0 0 275654104 268137191 60067648 128549814 0 0 0 0 0 0 0 0 0 0 0 0 0 0 392925203 345222986 1786632902 2640993253 0 0 0 0 42194085 36486330 2557473942 3419389574 0 0 0 0 0 0 0 0 16751365 19631438 0 0 0 0 0 0 390029930 441405963 406781295 461037401 X 0 0 0 0 2150692647 2958352173 2150692647 2958352173 2557473942 3419389574 336197340 471462186 X false true X true false X 197815204 459384292 364307068 518640064 564316906 2104463534 0 0 197815204 459384292 364307068 518640064 564316906 2104463534 240656707 1863806827 30784277 34205426 19659409 14537920 12101213 111288245 0 0 2215751779 0.84116 0.71100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 1779820070 135851354 614147151 88707167 5745000 2435366408 1602091541 184203962 78860040 79885473 5450000 1779820070 1432799187 169666191 72840273 68269110 4945000 1602091541 1088502562 289539860 112077861 57321096 1432799187 958384508 47525361 132289091 49696398 1088502562 0.36240 0.43050 0.20710 false true true PRIVATE EQUITIES 928809714 F REAL ESTATE/REITS 102568422 F OTHER INVESTMENTS 121589542 F COMMINGLED EQUITY 1488025575 F 2640993253 0 OTHER LIABILITIES 119531704 FUNDS HELD FOR BENEFIT OF OTHE 283072658 ANNUITIES PAYABLE 7816540 PAYABLE FOR INVESTMENTS PURCHASES 3098265 INTER-UNIT PAYABLE 27886796 441405963 SCHEDULE D, PART IV, LINE 2B THE ORGANIZATION SERVES AS TRUSTEE FOR CHARITABLE REMAINDER TRUSTS. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT EXISTS EXCLUSIVELY TO SUPPORT THE ACTIVITIES OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO. Central America and the Caribbean Investments N/A 876084340 Europe (Including Iceland and Greenland) Investments N/A 139868521 1015952861 1015952861 true false true true true false PART I, LINES 3, COLUMN(F) TOTAL AMOUNT REPRESENTS BOOK VALUE OF INVESTMENTS. false REGENTS OF THE UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET OAKLAND CA 94607 943067788 501(C)(3) 368824231 see part iv Oakland children's hospital and research center 747 52nd st oakland CA 94609 940382330 501(C)(3) 1073411 see part iv 2 0 PART I, LINE 2 GRANTS AND ALLOCATIONS ====================== All contributions received by the Foundation are granted to the regents of the University of California, exclusively for the benefit of the University of California, San Francisco (UCSF). The Regents of the University of California assumes responsibility for monitoring its grants to ensure that such grants are used for proper purposes and are not otherwise diverted from its inteneded use. PART II, LINE 1, COLUMN (H) capital and other enterprise/programatic needs PART II, LINE 2, COLUMN (H) capital and other enterprise/programatic needs false false false false false false false false false JENNIFER ARNETT VICE PRESIDENT 0 505591 0 0 0 46217 0 0 0 17292 0 569100 0 0 SAMUEL HAWGOOD PRESIDENT 0 825104 0 0 0 55273 0 0 0 27887 0 908264 0 0 PAUL JENNY TREASURER 0 429916 0 0 0 2955 0 0 0 2375 0 435246 0 0 KAUSHAL SHAH ASSISTANT TREASURER 0 253111 0 151890 0 24762 0 57000 0 36125 0 522888 0 0 JOHN GARDNER TRIMBLE ASSISTANT SECRETARY 0 216334 0 0 0 135 0 0 0 14189 0 230658 0 0 MICHAEL CLUNE INTERIM TREASURER 0 344039 0 0 0 0 0 0 0 9338 0 353377 0 0 PAUL VELASKI SECRETARY 0 167927 0 0 0 0 0 0 0 15248 0 183175 0 0 JOSEPH CALGER ASSISTANT TREASURER 0 251715 0 0 0 0 0 0 0 10635 0 262350 0 0 SCHEDULE J The foundation does not have any employees. None of the listed individuals received any compensation from the filing organization. During FY21, each was an employee of the University of California, San Francisco, a related organization. ROUTE ONE INVESTMENT COMPANY DIRECTOR - EQUITY MEMBER 1824800 INVESTMENT MANAGEMENT FEES false SCHEDULE L, PART IV A DIRECTOR IS A MANAGING MEMBER AND A 35% OWNER OF ROUTE ONE INVESTMENT COMPANY LP (ROUTE ONE). THE FOUNDATION HAS CONTRIBUTED CAPITAL TO AN INVESTMENT FUND. ROUTE ONE IS A GENERAL PARTNER OF THIS INVESTMENT FUND AND PROVIDES MANAGEMENT SERVICES TO THIS INVESTMENT FUND. THE DIRECTOR RECUSES HIMSELF FROM ALL DISCUSSIONS AND VOTING RELATED TO THIS INVESTMENT. X 223 63048308 FMV 1 false true true SCHEDULE M, Column B The organization is reporting the number of contributions. SCHEDULE M, LINE 32 THE FOUNDATION USES A BANK OR OTHER FINANCIAL INSTITUTION TO FACILITATE THE SALE OF PUBLICLY TRADED STOCK. THE FOUNDATION ALSO UTILIZES THE SERVICES OF THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO TO ASSIST WITH THE SOLICITATION AND PROCESSING OF NON-CASH GIFTS. FORM 990, PART I, LINE 1 AND PART III, LINE 1 Organization's Mission ====================== The University of California, San Francisco(UCSF) is among the world's leading universities dedicated to advancing health worldwide through biomedical research, graduate-level education in the life sciences and health professions, and excellent patient care. The UCSF Foundation and its volunteer Board of Directors support UCSF's core mission by raising private funds for the University. UCSF is devoted at every level to serving the public in San Francisco and beyond. It delivers a substantial national and global impact by training the next generation of scientists and health care professionals, conducting breakthrough research, translating scientific discoveries into exceptional care, and making health advances more accessible to vulnerable populations. Gifts from private donors keep UCSF among the top health-science universities in the world by enabling the University to attract and retain top faculty members and students, funding research that leads to groundbreaking discoveries, and supporting the delivery of world class, compassionate care. The University of California, San Francisco Foundation (The Foundation) encourages and manages individual, corporate, and foundation gifts to all UCSF schools and programs, and together with UCSF, ensures that gifts are used in strict accordance with donors' wishes. Accomplishments =============== In 2021, distributions to UCSF and related affiliates totaled $370 million. Distributions are based on UCSF's programmatic needs, subject to gift restrictions and the funds available in any particular year. They include transfers of gifts intended to fund capital projects, gifts for other purposes, and endowment income. 2021 distributions for capital projects - including Center for Vision Neuroscience building, Weill Neuroscience Building, Precision Cancer Medicine Building, the Mission Bay hospital complex, SANDLER Neurosciences CONFERENCE Center, Marson Lab, AND Zuckerberg San Francisco General ACADEMIC AND RESEARCH BUILDING - totaled $30 million. Noncapital distributions supporting research, faculty, institutional support, medical center, teaching hospital, instruction AND STUDENT FINANCIAL AID NEEDS needs totaled $340 million. Form 990, Part I, Line 6 total number of volunteers ===================== Board members serve on a voluntary basis. Form 990, part iv, line 35a ===================== Various charitable remainder trusts were controlled entities of the filing organization under section 512(B)(13). These charitable remainder trusts were reported on schedule R, part IV. form 990, part vi, Section B, Line 11 FORM 990 REVIEW PROCESS ===================== The Form 990 was prepared with the assistance of a paid preparer. The Foundation's Form 990 is reviewed by the Audit Committee, and made available to the Board of Directors for review prior to filing. The non-public Schedule B is reviewed by UCSF's Chancellor, UCSF's Vice Chancellor for Development, and the Chair of the Foundation's Board of Directors. Form 990, Part VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ===================== The Board and Officers of the Foundation are subject to conflict of interest policies established by the Regents of the University of California under the constitution and laws of the State of California. In addition, Officers and Directors are required to respond to an annual conflict of interest questionnaire. The secretary reviews the questionnaires and discusses with senior management as appropriate. Depending on the nature of the conflict, the individual will be asked to recuse themselves from discussions and/or abstain from voting. Form 990, Part VI, SECTION B, LINE 15 COMPENSATION POLICY ========================= The Foundation does not have any employees. None of the listed individuals received any compensation from the filing organization. During FY21, each was an employee of the University of California San Francisco, a related organization. Form 990, part VI, Section C, Line 19 AVAILABILITY OF DOCUMENTS ========================= THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION's GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY PROMULGATED BY THE REGENTS OF CALIFORNIA ARE AVAILABLE ON THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO'S WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 16B ========================= While there is no written policy regarding review of arrangements with taxable entities, prior to entering into such agreements the foundation engages the services of legal counsel to review the agreements, in part to ensure that the agreements are consistent with the foundation's mission and would not jeopardize the foundation's tax exempt status. Form 990, Part VI, Section A, Line 2 Family Relationship ========================= Doris Fisher & William Fisher - Mother & Son UNIVERSITY OF CALIFORNIA SAN FRANCISCO 1111 FRANKLIN ST OAKLAND CA 94607 943067788 HIGHER ED CA 501(c)(3) 6 CA Govt false UCSF Family House 50 irving street san francisco CA 94122 942722663 SEE PART VII CA 501(c)(3) 6 NA false Oakland Children's Hospital and Research 747 52nd st oakland CA 94609 940382330 hospital CA 501(c)(3) 6 CA Govt false UCSF Foundation Investment Company 601 California Street Ste 801 San Francisco CA 94108 473599471 See Part VII CA 501(c)(3) 11a UCSF Fdn true truebridge capital venture partners llc 1011 hamilton rd 400 chapel hill NC 27517 823629417 investments NC ucsf FOUNDATION excluded -101793 84876470 false 0 false 0.99748 Charitable Remainder Trusts (37) CA Various Trust Pooled Income Fund (2) CA Various Trust false true false false false false false false false true false true true true false true false true Charitable Remainder Trusts (4) S 477048 FMV UCSF FOUNDATION INVESTMENT COMPANY M 5745000 FMV truebridge capital venture partners llc S 2205696 fmv Part II, line 4(b) Investment management services part II, line 2(B) TEMPORARY LODGING FOR PATIENTS AND THEIR FAMILIES part III, line 1(a) LIMITED PARTNERSHIP INTEREST IN: TRUEBRIDGE CAPITAL VENTURE PARTNERS LLC, 82-3629417 1011 SOUTH HAMILTON RD #400, CHAPEL HILL, NC 27517