2021-05-13T20:30:16-05:00 2020-06-30 KPMG LLP 3975 FREEDOM CIR DR STE 100 Santa Clara CA 95054 990 2019-07-01 946090626 UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION % LORAINE BINION UNIV 5106421212 1995 University Ave ste 401 BERKELEY CA 947041508 LORAINE BINION Treasurer 4083675764 2021-05-07 true SHALINI SAIDHA P01959812 4083675764 2021-05-07 2019 2022-09-23 18:48:47Z Julie Hooper 1995 University Ave ste 401 BERKELEY CA 947041508 720606200 false X HTTP://FOUNDATION.BERKELEY.EDU X 1948 CA 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 65 65 0 101 -736791 0 265888107 269469125 0 0 61123146 68697381 0 0 327011253 338166506 215391933 247666646 0 0 0 0 0 0 4111785 13316297 10066421 228708230 257733067 98303023 80433439 2441306801 2480595373 161720144 145942360 2279586657 2334653013 X THE UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION'S MISSION IS TO ADVANCE THE INTEREST AND PROMOTE THE WELFARE OF THE UNIVERSITY OF CALIFORNIA, BERKELEY (THE "UNIVERSITY"), TO DEVELOP AND INCREASE THE FACILITIES OF THE UNIVERSITY AND TO PROVIDE BROADER EDUCATIONAL OPPORTUNITIES BY ENCOURAGING CHARITABLE GIFTS AND DONATIONS TO THE UNIVERSITY, TO PROVIDE FUNDING FOR SCHOLARSHIPS, STUDENT ASSISTANCE PROGRAMS AND ACADEMIC RESEARCH FOR THE STUDENTS, EMPLOYEES AND FACULTY OF THE UNIVERSITY. false false 247666646 247666646 GRANTS AND ALLOCATIONS TO UNIVERSITY OF CALIFORNIA, BERKELEY CAMPUS UNITS AND ORGANIZATIONS. 247666646 true true false false false true 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 false true false false false false true true true false false true 15 0 true 0 true true false false false false false false false false false false false false false false X 65 65 false false false false false false false true true false false true true true true true true false false false CA X LORAINE BINION 5106421212 1995 UNIVERSITY AVE STE 401 BERKELEY CA 94704 Carol Christ Chancellor 8.0 32.0 X 0 573220 39477 Julie Hooper President 10.0 30.0 X 0 408428 62277 Lishelle Blakemore Vice President 4.0 36.0 X 0 294017 45704 Irene Kim thru 11620 Executive Vice President 10.0 30.0 X 0 289378 31684 Kevin Crilly Former Associate VP 0.0 0.0 X 0 237818 15544 Nancy McKinney Associate Vice President 4.0 36.0 X 0 200357 32264 Loraine Binion Treasurer 8.0 32.0 X 0 202643 24369 Randi Silverman Associate Vice President 10.0 30.0 X 0 170658 37548 Lina Wang Assistant Treasurer 20.0 20.0 X 0 135405 29420 MIHI AHN Int Executive Vice President 30.0 10.0 X 0 130408 17000 Jane Wise Interim Corporate Secretary 10.0 30.0 X 0 86964 4281 William Ausfahl Trustee 0.8 0.0 X 0 0 0 Anne Bakar Trustee from 7/1/2019 0.8 0.0 X 0 0 0 Desi Banatao Chair, Nominations 2.0 0.0 X X 0 0 0 Stuart Bernstein Trustee 0.8 0.0 X 0 0 0 Mark Bertelsen CHAIR, GOVERNANCE 2.0 0.0 X X 0 0 0 Dana Bisconti Trustee 0.8 0.0 X 0 0 0 Kofi Bonner Trustee 1.0 0.0 X 0 0 0 Sharon Bonner-Brown Trustee 1.0 0.0 X 0 0 0 Brad Brian Trustee 0.8 0.0 X 0 0 0 Susan Chamberlin CHAIR 3.0 0.0 X X 0 0 0 Kevin Chou Trustee 0.8 0.0 X 0 0 0 Ting Chuk Trustee from 7/1/2019 0.8 0.0 X 0 0 0 Kathleen Correia Trustee 0.8 0.0 X 0 0 0 David Corvo Trustee 1.0 0.0 X 0 0 0 Maria Cranor Trustee 1.0 0.0 X 0 0 0 Karen Dabby Trustee from 7/1/2019 0.8 0.0 X 0 0 0 David desJardins Trustee 0.8 0.0 X 0 0 0 Bettina Duval VICE CHAIR, PROGRAMS 2.0 0.0 X X 0 0 0 Michael Garland Trustee 0.8 0.0 X 0 0 0 Anne Gates Trustee 0.8 0.0 X 0 0 0 David Gee Trustee 0.8 0.0 X 0 0 0 Jonathan Glaser Trustee 0.8 0.0 X 0 0 0 Andy Goldfarb Trustee 0.8 0.0 X 0 0 0 Douglas Goldman Trustee 0.8 0.0 X 0 0 0 Cyrus Hadidi BEMCO BOARD CHAIR 1.0 0.0 X X 0 0 0 Thomas Hornaday Trustee 0.8 0.0 X 0 0 0 Charles Huang VICE CHAIR, GOVERNANCE 3.0 0.0 X X 0 0 0 Kai Huang Trustee 0.8 0.0 X 0 0 0 Stephen Isaacs Trustee 0.8 0.0 X 0 0 0 Jeffrey Jacobs Trustee 0.8 0.0 X 0 0 0 Mary Ellen Kanoff Trustee 0.8 0.0 X 0 0 0 Freada Kapor Klein Trustee 0.8 0.0 X 0 0 0 Amelia Kaymen Thru 13020 TRUSTEE 0.8 0.0 X 0 0 0 David Kepler Trustee 0.8 0.0 X 0 0 0 Rene Kern Trustee 0.8 0.0 X 0 0 0 James Koshland VICE CHAIR 4.0 0.0 X X 0 0 0 Joanne Kozberg Trustee 0.8 0.0 X 0 0 0 Kathy Kwan Trustee 0.8 0.0 X 0 0 0 Kahshin Leow Trustee 0.8 0.0 X 0 0 0 Liz Lutz Trustee 0.8 0.0 X 0 0 0 Irving Lyons Trustee 1.0 0.0 X 0 0 0 Gail Maderis Trustee 0.8 0.0 X 0 0 0 Colleen McAndrews Trustee 0.8 0.0 X 0 0 0 Thomas McKissick Trustee 0.8 0.0 X 0 0 0 Alan Mendelson CHAIR NOMINATIONS 0.8 0.0 X X 0 0 0 George Miller Trustee 0.8 0.0 X 0 0 0 Noel Nellis Trustee 2.0 0.0 X 0 0 0 Maureen Orth Trustee 0.8 0.0 X 0 0 0 Lisle Payne Trustee 0.8 0.0 X 0 0 0 Richard Pell Thru 13020 Trustee 0.8 0.0 X 0 0 0 Edward Penhoet Trustee 0.8 0.0 X 0 0 0 Laura Perloff Trustee 0.8 0.0 X 0 0 0 Ann Baxter Perrin Trustee 0.8 0.0 X 0 0 0 Isabel Rhee Trustee 0.8 0.0 X 0 0 0 Mark Robinson CHAIR, NOMINATIONS 1.0 0.0 X X 0 0 0 Terry Rosen VICE CHAIR, RESEARCH 1.0 0.0 X X 0 0 0 Stacy Savides Sullivan Trustee 1.0 0.0 X 0 0 0 Eric Stern Chair, Finance 2.0 0.0 X X 0 0 0 John Stock VICE CHAIR, FINANCE 2.0 0.0 X X 0 0 0 Diana Strandberg Trustee 1.0 0.0 X 0 0 0 Alan Templeton Trustee from 7/1/2019 0.8 0.0 X 0 0 0 Charles Travers Trustee 0.8 0.0 X 0 0 0 Catherine Unger Trustee 0.8 0.0 X 0 0 0 Laurene Wu Trustee 0.8 0.0 X 0 0 0 Shuhong Ye Trustee From 7/1/2019 0.8 0.0 X 0 0 0 Laura Young CHAIR, GOVERNANCE 1.0 0.0 X X 0 0 0 Weijie Yun Trustee 0.8 0.0 X 0 0 0 0 2729296 339568 0 true true false Sidley Austin LLP PO Box 0642 CHICAGO IL 60690 Legal service 129183 1 269469125 28005140 269469125 0 7971075 -736791 8707866 0 0 0 0 0 443166000 382439694 60726306 60726306 60726306 0 0 0 0 0 0 0 0 0 0 338166506 -736791 69434172 247666646 247666646 0 0 0 0 0 0 0 0 0 615556 615556 5501 5501 46005 46005 0 0 5192929 5192929 0 0 2120 2120 0 0 0 3117 3117 0 79995 79995 0 0 0 9413 9413 GIFT FEES TO UC BERKELEY 4111785 4111785 257733067 247666646 5954636 4111785 0 0 8387646 6170016 98275071 95317158 0 0 0 0 0 0 0 0 0 0 2516901 1594269 0 0 701069332 523824891 1622135030 1845657622 0 0 0 0 8922821 8031417 2441306801 2480595373 3629030 635620 0 0 0 0 0 0 53710997 48846077 0 0 0 0 0 0 104380117 96460663 161720144 145942360 X 11085202 7325854 2268501455 2327327159 2279586657 2334653013 2441306801 2480595373 X 80433439 -26103874 736791 X false true X true false X 215770163 181924732 261493019 265888107 269469125 1194545146 0 0 215770163 181924732 261493019 265888107 269469125 1194545146 64688345 1129856801 8894019 9003647 9525481 11579869 8707866 47710882 311303 0 0 0 0 311303 0 1242567331 0.90929 0.93880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1031000 1426870 true true false true 2143755634 80965121 36864640 84372169 3926534 2173286692 1999055340 139176372 96197233 83235728 7437583 2143755634 1844374218 106653654 150097884 97563742 4506674 1999055340 1658937247 66270327 200664414 77485382 0 4012388 1844374218 1670546909 97218286 -36646148 70018082 0 2163718 1658937247 0.18000 0.82000 true false ALTERNATIVE INVESTMENTS 1845657622 F 1845657622 0 PV OF ANNUITIES PAYABLE 17473024 FUNDS HELD FOR OTHERS 17889126 OTHER DEPOSITS 565318 DEF INFLOWS FROM SPLIT INTERES 59932791 GENERAL DEFERRED 600404 96460663 307606494 -26103874 -26103874 333710368 5192929 5192929 338903297 252540138 252540138 5192929 5192929 257733067 DISCLOSURE FOR ESCROW OR CUSTODIAL ARRANGEMENTS SCHEDULE D, PART IV, LINE 2 ALL TRUSTS ARE MANAGED BY OUR TRUST ADMINISTRATOR, KASPICK & CO AND THE TRUST FUNDS CUSTODIAN IS CHARLES SCHWAB & CO. INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE FUNDING FOR SCHOLARSHIPS, STUDENT ASSISTANCE PROGRAMS AND ACADEMIC RESEARCH FOR THE STUDENTS, EMPLOYEES AND FACULTY OF THE UNIVERSITY OF CALIFORNIA BERKELEY. Schedule D, Part XI, Line 2D RECLASS FROM INVESTMENT INCOME TO EXPENSE $ 5,192,929 =============================================================== TOTAL SCHEDULE D, PART XI, LINE 4B $ 5,192,929 SCHEDULE D, PART XII, LINE 4B RECLASS FROM INVESTMENT INCOME TO EXPENSE $ 5,192,929 Sub-Saharan Africa 0 0 Investments 8286915 Central America and the Caribbean 0 0 Investments 750160190 Europe (Including Iceland and Greenland) 0 0 Investments 36359525 North America 0 0 Investments 1150466 0 0 0 0 795957096 795957096 true false true true true false true University of California Berkeley 1995 University Avenue Ste 401 BERKELEY CA 94704 946002123 UC Berkeley 247666646 SUPPORT EDUCATION 1 SCHEDULE I, PART I CRITERIA FOR SELECTION OF RECIPIENTS ARE BASED ON BOUNDARIES SET BY THE ESTABLISHMENT OF THE SCHOLARSHIP. THE FOUNDATION TRANSFERS MONIES TO THE UNIVERSITY OF CALIFORNIA AT BERKELEY, WHICH ASSUMES RESPONSIBILITY FOR ACTUAL DISBURSEMENT. false false false false false false false false false Carol Christ Chancellor 573220 29785 9692 612697 Julie Hooper President 408428 42805 19472 470705 Lishelle Blakemore Vice President 294017 23778 21926 339721 Irene Kim thru 11620 Executive Vice President 289378 23778 7906 321062 Kevin Crilly Former Associate VP 193352 44466 12109 3435 253362 Nancy McKinney Associate Vice President 200357 16542 15722 232621 Loraine Binion Treasurer 202643 16463 7906 227012 Randi Silverman Associate Vice President 170658 14337 23211 208206 Lina Wang Assistant Treasurer 135405 11357 18063 164825 FORM 990, SCHEDULE J THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES. NONE OF THE LISTED INDIVIDUALS RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION. EACH WAS AN EMPLOYEE OF THE UNIVERSITY OF CALIFORNIA, BERKELEY, A RELATED ORGANIZATION. Schedule J, Part I, Item 3 THE FOUNDATION RELIED ON THE UNIVERSITY OF CALIFORNIA, BERKELEY, THAT USED ONE OR MORE OF THE METHODS DESCRIBED IN SCHEDULE J, PART I, LINE 3, TO ESTABLISH THE FOUNDATION'S TOP MANAGEMENT OFFICIAL'S COMPENSATION. X 524 27521857 Avg market value X 1 483284 3rd Appraisal Value 24 false true true SCHEDULE M, column(B) column(B) IS BASED ON the number of contributions received. SCHEDULE M, LINE 32 THE FOUNDATION CONTRACTS WITH LOCAL REAL ESTATE AGENTS TO ASSIST IN THE SALE OF REAL PROPERTY WHEN GIFTED. THE FOUNDATION ALSO UTILIZES THE SERVICES OF THE UNIVERSITY OF CALIFORNIA, BERKELEY TO ASSIST WITH THE SOLICITATION AND PROCESSING OF NON-CASH GIFTS. PROCESS USED BY THE ORGANIZATION TO REVIEW 990 FORM 990, PART VI, LINE 11B INFORMATION TO PREPARE THE FORM 990 was GATHERED BY FOUNDATION OFFICERS. THE RETURN was PREPARED WITH THE ASSISTANCE OF KPMG, LLP. THE FORM 990 WAS REVIEWED BY THE ORGANIZATION'S AUDIT COMMITTEE, WHICH HAS AUTHORITY AND OVERSIGHT OF THE ORGANIZATION'S AUDIT AND TAX PREPARATION. KPMG, LLP SIGNed THE RETURN AS PAID PREPARER. A complete COPY was PROVIDED TO THE FULL BOARD AFTER THE AUDIT COMMITTEE REVIEWed THE FORM 990 and PRIOR TO FILING WITH THE IRS. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C ON AN ANNUAL BASIS, THE FOUNDATION DISTRIBUTES CONFLICT OF INTEREST QUESTIONNAIRES WHICH THE BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES COMPLETE AND RETURN. THE TREASURER OF THE FOUNDATION REVIEWS THE RETURNED FORMS FOR COMPLIANCE. IF A CONFLICT IS DISCOVERED IT IS ESCALATED TO THE APPROPRIATE PARTY WITHIN THE ORGANIZATION and the person recuses himself or herself from the governing body's delilberations and decisions in the transaction. PROCESS OF determining COMPENSATION FORM 990, PART VI, LINE 15 THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES. NONE OF THE LISTED INDIVIDUALS RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION. DURING FISCAL YEAR 2019, EACH WAS AN EMPLOYEE OF THE UNIVERSITY OF CALIFORNIA BERKELEY, A RELATED ORGANIZATION. AVAILABILITY OF GOVERNING DOCUMENTS AND POLICIES FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XI, LINE 9 BACKING OUT K-1 PARTNERSHIP LOSS - 736,791 UNIVERSITY OF CALIFORNIA BERKELEY 1995 University Avenue Ste 401 BERKELEY CA 94704 946002123 EDUCATION CA 501(C)(3) 6 NA false BERKELEY ENDOWMENT MANAGEMENT COMPANY 1995 University Avenue Ste 401 BERKELEY CA 94704 270652636 INVESTMENT CA 501(C)(3) 11a ucbf true Charitable Remainder Trust (152) TRUST CA UCBF Trust false Charitable Remainder Annunity Trust (6) Trust CA UCBF Trust false Pooled Income Fund (8) Trust CA UCBF Trust false CHARITABLE GIFT ANNUITIES (258) tRUST CA ucbf tRUST false ENDOWMENT HOLDINGS I LLC 1995 UNIVERSITY AVENUE STE 401 BERKELEY CA 947041508 INVESTING CA UCBF CORPORATION 942733 7290675 1.00000 true false true false false false false false false false false false false true false false false false false false BERKELEY ENDOWMENT MANAGEMENT COMPANY M 4645369 per agreement TRANSACTIONS WITH RELATED ORGANIZATIONS THE AMOUNTS LISTED IN PART V, LINE 2, COLUMN (C) OF SCHEDULE R ARE THE ACTUAL COSTS INCURRED BY BERKELEY ENDOWMENT MANAGEMENT COMPANY TO PROVIDE THE SERVICES FOR THE BENEFIT OF THE UNIVERSITY OF CALIFORNIA, BERKELEY FOUNDATION.