SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE (EIN 20-8009370)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-11
IRS object ID: 202123159349306072
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-11T13:56:53-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	910189318	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MOSS ADAMS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4747 EXECUTIVE DR SUITE 1300	AddressLine1Txt
City	SAN DIEGO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92121	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	208009370	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SANFORD CONSORTIUM FOR REGENERATIVE	BusinessNameLine1Txt
Business Name Line2	MEDICINE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SANF	BusinessNameControlTxt
Phone	8582461101	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2880 TORREY PINES SCENIC DR	AddressLine1Txt
City	LA JOLLA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92037	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LOUIS COFFMAN	PersonNm
Person Title	COO/VP	PersonTitleTxt
Phone	8582461101	PhoneNum
Signature	2021-11-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LOUIS	PersonFirstNm
Person Last	COFFMAN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PATRICIA J MAYER	PreparerPersonNm
PTIN	P00188643	PTIN
Phone	8586271400	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	EDWARD W HOLMES	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2880 TORREY PINES SCENIC DR	AddressLine1Txt
City	LA JOLLA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92037	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$7,938,158	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SANFORDCONSORTIUM.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2006	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	TO FACILITATE INTER-ORGANIZATIONAL, COLLABORATIVE STEM CELL AND OTHER BIOMEDICAL RESEARCH AMONG SCIENTISTS EMPLOYED BY SUPPORTED ORGANIZATIONS INCLUDING, LA JOLLA INSTITUTE FOR IMMUNOLOGY, SALK INSTITUTE FOR BIOLOGICAL STUDIES, SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE, SCRIPPS RESEARCH AND THE UNIVERSITY OF CALIFORNIA, SAN DIEGO.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	2	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$21,500	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$17,931	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$7,936,722	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,821,922	CYProgramServiceRevenueAmt
PY Investment Income	$125,880	PYInvestmentIncomeAmt
CY Investment Income	$70,766	CYInvestmentIncomeAmt
PY Other Revenue	$75,844	PYOtherRevenueAmt
CY Other Revenue	$45,470	CYOtherRevenueAmt
PY Total Revenue	$8,138,446	PYTotalRevenueAmt
CY Total Revenue	$7,938,158	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$298,225	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$306,257	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$8,055,953	PYOtherExpensesAmt
CY Other Expenses	$7,713,945	CYOtherExpensesAmt
PY Total Expenses	$8,354,178	PYTotalExpensesAmt
CY Total Expenses	$8,020,202	CYTotalExpensesAmt
PY Revenues Less Expenses	-$215,732	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$82,044	CYRevenuesLessExpensesAmt
Total Assets BOY	$96,488,627	TotalAssetsBOYAmt
Total Assets EOY	$94,462,009	TotalAssetsEOYAmt
Total Liabilities BOY	$57,433,055	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$55,488,481	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$39,055,572	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$38,973,528	NetAssetsOrFundBalancesEOYAmt
Mission	THE SANFORD CONSORTIUM, A COLLABORATION OF FIVE PREEMINENT, LIFE SCIENCE RESEARCH INSTITUTIONS, COMPRISES RENOWNED SCIENTISTS WITH EXPERTISE IN STEM CELL AND REGENERATIVE MEDICINE RESEARCH WHO ARE SEEKING TRANSFORMATIVE DISCOVERIES AND BREAKTHROUGH MEDICAL ADVANCES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$7,372,129	ExpenseAmt
Revenue	$7,796,989	RevenueAmt
Desc	IN 2020, SCIENTISTS FROM THE SANFORD CONSORTIUM'S FIVE MEMBER INSTITUTIONS - LA JOLLA INSTITUTE FOR ALLERGY AND IMMUNOLOGY, SALK INSTITUTE FOR BIOLOGICAL STUDIES, SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE, SCRIPPS RESEARCH, AND THE UNIVERSITY OF CALIFORNIA, SAN DIEGO - CONTINUED RESEARCH INTO HARNESSING THE REGENERATIVE POWERS OF STEM CELLS TO DISCOVER TREATMENTS AND CURES FOR MANY OF THE WORLD'S MOST CHALLENGING DISEASES, INCLUDING ALZHEIMER'S DISEASE, CANCER, DIABETES, HEART DISEASE, PARKINSON'S DISEASE, AND SPINAL CORD INJURIES. PUBLISHED RESEARCH BY CONSORTIUM SCIENTISTS ADVANCED THE BASE OF KNOWLEDGE AVAILABLE TO THE INTERNATIONAL COMMUNITY OF STEM CELL RESEARCHERS.	Desc
Total Program Service Expenses	$7,372,129	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	5	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOUIS COFFMAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8582461101	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2880 TORREY PINES SCENIC DR	AddressLine1Txt
City	LA JOLLA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92037	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
HOLMES EDWARD
PRESIDENT & DIRECTOR	20.00	Yes (X)	Yes (X)	$44,623	$0	$22,315
ATKINSON RICHARD
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BRENNER DAVID
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BURNHAM MALIN
BOARD CHAIR	1.00	Yes (X)		$0	$0	$0
KEADLE ELIZABETH
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KHOSLA PRADEEP
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KRONENBERG MITCHELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SANFORD DENNY
BOARD VICE CHAIR	1.00	Yes (X)		$0	$0	$0
SCHULTZ PETER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
VUORI KRISTINA
DIRECTOR	1.00	Yes (X)		$0	$0	$0
GAGE FRED
DIRECTOR	1.00	Yes (X)		$0	$0	$0
STEINDORF JEFFREY
VICE PRESIDENT & COO	40.00		Yes (X)	$223,900	$0	$0
SAMIT ROBIN
VICE PRESIDENT & SECRETARY	1.00		Yes (X)	$0	$0	$0
WITMER KIM
VICE PRESIDENT & CFO	1.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$268,523	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$22,315	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
DPR CONSTRUCTION
5010 SHOREHAM PLACE	SAN DIEGO	CA	92122	CONSTRUCTION	$759,902
FACILITY SERVICES PARTNERS INC
1 UNIVERSITY DRIVE	ALISO VIEJO	CA	92656	FACILITIES MANAGEMENT	$519,623
SEQUOIA
1 UNIVERSITY DRIVE	ALISO VIEJO	CA	92656	LANDSCAPE MANAGEMENT	$322,038
AO REED
4777 RUFFNER STREET	SAN DIEGO	CA	92186	PLUMBING SERVICES	$225,665
FEGUSON PAPE BALDWIN ARCHITECTS
4499 RUFFIN ROAD	SAN DIEGO	CA	92123	ARCHITECTURAL SERVICES	$124,149

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
LICENSE FEES	900099	$7,470,506	$7,470,506
MISCELLANEOUS REVENUE	900099	$302,197	$277,264	$24,933
EXPENSE REIMBURSEMENT	900099	$49,219	$49,219

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,821,922	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$70,766	TotalRevenueColumnAmt
Exclusion	$70,766	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	PARKING REVENUE	Desc
Business	812930	BusinessCd
Total Revenue Column	$45,470	TotalRevenueColumnAmt
Unrelated Business Revenue	$21,500	UnrelatedBusinessRevenueAmt
Exclusion	$23,970	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$45,470	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,938,158	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,796,989	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$21,500	UnrelatedBusinessRevenueAmt
Exclusion	$119,669	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$290,838	TotalAmt
Program Services	$125,060	ProgramServicesAmt
Management And General	$165,778	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$15,419	TotalAmt
Program Services	$6,630	ProgramServicesAmt
Management And General	$8,789	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$517,893	TotalAmt
Program Services	$517,893	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$43,462	TotalAmt
Management And General	$43,462	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$90,374	TotalAmt
Management And General	$90,374	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$27,773	TotalAmt
Management And General	$27,773	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,481,414	TotalAmt
Program Services	$1,481,414	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$9,381	TotalAmt
Program Services	$9,381	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,164,162	TotalAmt
Program Services	$1,164,162	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,712,509	TotalAmt
Program Services	$2,712,509	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$150,347	TotalAmt
Management And General	$150,347	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
BUILDING SUPPORT	$600,139	$600,139
JANITORIAL SERVICES	$269,672	$269,672
OPERATIONAL & FINANCIAL	$235,356	$101,203	$134,153
SCIENCE SUPPORT	$226,353	$226,353

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$185,110	TotalAmt
Program Services	$157,713	ProgramServicesAmt
Management And General	$27,397	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,020,202	TotalAmt
Program Services	$7,372,129	ProgramServicesAmt
Management And General	$648,073	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,119,053	BOYAmt
EOY	$1,775,358	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$204,569	BOYAmt
EOY	$710,735	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$108,140	BOYAmt
EOY	$120,442	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$125,014,567	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$38,217,331	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$88,068,405	BOYAmt
EOY	$86,797,236	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$5,988,460	BOYAmt
EOY	$5,058,238	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$96,488,627	BOYAmt
EOY	$94,462,009	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$643,774	BOYAmt
EOY	$1,218,871	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$56,789,281	BOYAmt
EOY	$54,269,610	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$57,433,055	BOYAmt
EOY	$55,488,481	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$39,055,572	BOYAmt
EOY	$38,973,528	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$39,055,572	BOYAmt
EOY	$38,973,528	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$96,488,627	BOYAmt
EOY	$94,462,009	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$82,044	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type1	Yes (X)	SupportingOrgType1Ind
Supported Organizations	5	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (5 entries)

EINEIN	Organization TypeOrganizationTypeCd	Governing Document ListedGoverningDocumentListedInd	SupportSupportAmt	Other SupportOtherSupportAmt
SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE
510197108	7	Yes (1)	$0	$624,693
SALK INSTITUTE FOR BIOLOGICAL STUDIES
952160097	7	Yes (1)	$0	$55,376
LA JOLLA INSTITUTE FOR IMMUNOLOGY
330328688	4	Yes (1)	$0	$183,022
SCRIPPS RESEARCH INSTITUTE
330435954	4	Yes (1)	$0	$0
REGENTS OF THE UNIVERSITY OF CALIFORNIA
941539563	6	Yes (1)	$0	$6,509,038

Field	Value	IRS element (for citing)
Supported Organizations Total	5	SupportedOrganizationsTotalCnt
Support Sum	$0	SupportSumAmt
Other Support Sum	$7,372,129	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	Yes (1)	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	0	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	0	SupportedOrgSectionC456Ind
Supported Org Not Organized US	0	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	0	OrganizationChangeSuprtOrgInd
Support Non Supported Org	0	SupportNonSupportedOrgInd
Payment Substantial Contribtr	0	PaymentSubstantialContribtrInd
Loan Disqualified Person	0	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	0	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	0	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	0	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	0	ExcessBusinessHoldingsRulesInd
Contribution Controller	0	ContributionControllerInd
Contribution Family	0	ContributionFamilyInd
Contribution35 Controlled	0	Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

Field	Value	IRS element (for citing)
Power Appoint Majority Dir Trst	Yes (1)	PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org	0	OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART VI, LINE 5A

THE ORGANIZATION HAS SUBMITTED FOR 8940 TO BE RECLASSIFIED AS A 509A3 SUPPORTING ORGANIZATION, TYPE I. THE CONSORTIUM IS LIMITED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE SPECIFICALLY IDENTIFIED INSTITUTIONS AND IS OPERATED, SUPERVISED, AND CONTROLLED BY THE INSTITUTES WHO APPOINT A MAJORITY OF ITS BOARD OF DIRECTORS. THEREFORE, THE CONSORTIUM BELIEVES IT IS MORE PROPERLY CHARACTERIZED AS A 509(A)(3) TYPE 1 SUPPORTING ORGANIZATION, WHICH IS CONSISTENT WITH ITS INDENDED PURPOSE.

PART I, LINE 12G(VI)

OTHER SUPPORT COMPRISES PROGRAM SERVICE EXPENDITURES INCURRED BY THE ORGANIZATION DURING 2020 IN THE TOTAL AMOUNT OF $7,372,129.

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$110,018,043	OtherCostOrOtherBasisAmt
Depreciation	$23,220,807	DepreciationAmt
Book Value	$86,797,236	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$14,996,524	OtherCostOrOtherBasisAmt
Depreciation	$14,996,524	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$86,797,236	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	THE REGENTS STIP	Desc
Book Value	$5,058,238	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$5,058,238	TotalBookValueSecuritiesAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$7,888,939	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$7,888,939	RevenueSubtotalAmt
Other Revenues Not Included	$49,219	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$49,219	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$7,938,158	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$7,970,983	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$49,219	OtherExpensesIncludedAmt
Expenses Not Reported	-$49,219	ExpensesNotReportedAmt
Expenses Subtotal	$8,020,202	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$8,020,202	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	SANFORD CONSORTIUM HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2020 OR 2019. SANFORD CONSORTIUM FILES AN EXEMPT ORGANIZATION RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2020 AND 2019, TAXES ON UNRELATED BUSINESS INCOME ARE RECORDED WHEN PAID AND NO PROVISION FOR INCOME TAX HAS BEEN MADE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	REIMBURSED EXPENSES 49,219.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	REIMBURSED EXPENSES -49,219.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	STEINDORF JEFFREY	PersonNm
Title	VICE PRESIDENT & COO	TitleTxt
Base Compensation Filing Org	$218,400	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$5,500	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$0	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$223,900	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 7	FormAndLineReferenceDesc
Explanation	A DISCRETIONARY BONUS WAS PAID TO THE COO FOR ACHIEVING GOALS APPROVED BY THE BOARD OF DIRECTORS.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	CA INFRASTRUCTURE & ECON DEV BANK	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	630304652	BondIssuerEIN
CUSIP	13034APJ3	CUSIPNum
Bond Issued	2016-10-01	BondIssuedDt
Issue Price	$64,485,972	IssuePriceAmt
Purpose	REFUNDING BONDS	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Total Proceeds	$64,485,972	TotalProceedsAmt
Issuance Costs From Proceeds	$450,275	IssuanceCostsFromProceedsAmt
Capital Expenditures	$64,035,697	CapitalExpendituresAmt
Refunding Tax Exempt Bonds	Yes (1)	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	0	RefundingTaxableBondsInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	Yes (1)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	Yes (1)	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	0	NoRebateDueInd
Variable Rate Issue	0	VariableRateIssueInd
Hedge Identified In Bks And Rec	0	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (1)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (1)	ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE RETURN IS REVIEWED BY MANAGEMENT, AND A COPY IS PROVIDED TO ALL VOTING BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	PER SANFORD'S CONFLICT OF INTEREST POLICY, ALL OFFICERS, DIRECTORS, TRUSTEES AND/OR KEY EMPLOYEES ("COVERED PERSONS") ARE REQUIRED TO PROMPTLY AND FULLY DISCLOSE ALL MATERIAL FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST (A) EXISTING AT THE TIME HE/SHE BECOMES A COVERED PERSON; (B) THAT ARISES WHILE HE/SHE IS A COVERED PERSON, AT THE TIME SUCH ACTUAL OR POTENTIAL CONFLICT ARISES; AND (C) ANNUALLY, EVERY COVERED PERSON MUST COMPLETE A CONFLICT OF INTEREST SURVEY. ANY PERSON WITH A CONFLICT WITH RESPECT TO ANY MATTER MUST RECUSE HIM/HERSELF FROM ANY DISCUSSION OR VOTE WITH RESPECT TO SUCH MATTER.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES WAS REVIEWED BY THE BOARD IN CONSULTATION WITH THE COUNCIL OF ADMINISTRATIVE LEADERS.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.