2020-05-19T16:56:30-05:00 2019-06-30 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2018-07-01 237433570 UC RIVERSIDE FOUNDATION % ESSAM ULHAQ UCRI 9518276291 900 UNIVERSITY AVE 1136 HINDERAKER RIVERSIDE CA 92521 KIMBERLY MCDADE VP FINANCE AND CFO 9518276293 2020-05-18 true SHALINI SAIDHA P01959812 4083673892 2020-05-18 199.206.0.5 95488420201405000001 2020-05-19 P 4C50ADEA132E82CFA03F0E70DAD47461E3E8F4C4 79314E90D1A342338C0D740798CDFBA8360D3742 2018 2021-01-29 14:40:06Z KIMBERLY MCDADE 900 UNIVERSITY AVENUE 1136 HINDERA RIVERSIDE CA 92521 124968367 false X HTTP://FOUNDATION.UCR.EDU X 1974 CA TO SUPPORT EDUCATIONAL, RESEARCH, AND PUBLIC FUNCTIONS AND PROGRAMS OF THE RIVERSIDE CAMPUS OF THE UNIVERSITY OF CALIFORNIA. 39 39 0 37 -29 -1761 11645251 10605778 0 0 15000061 18156593 248526 0 26893838 28762371 9090355 10629133 0 0 0 0 0 0 0 644035 657382 9734390 11286515 17159448 17475856 186826633 189167944 6059515 2365170 180767118 186802774 TO SUPPORT EDUCATIONAL, RESEARCH AND PUBLIC FUNCTIONS AND PROGRAMS OF THE RIVERSIDE CAMPUS OF THE UNIVERSITY OF CALIFORNIA. false false 9309631 9309631 0 SCHOLARSHIPS, FELLOWSHIPS, AWARDS AND OTHER SUPPORT OF FUNCTIONS AND PROGRAMS OF THE RIVERSIDE CAMPUS OF THE UNIVERSITY OF CALIFORNIA. 1319502 1319502 0 THE FOUNDATION RECEIVES, RECORDS AND MANAGES GIFTS FROM INDIVIDUALS, CORPORATIONS, ORGANIZATIONS AND FOUNDATIONS FOR THE SOLE BENEFIT OF UC RIVERSIDE IN ACCORDANCE WITH DONORS' WISHES. THE FOUNDATION PAYS A PERCENTAGE OF GIFTS RECEIVED, REFERRED TO AS GIFT FEES, AND A PERCENTAGE OF ENDOWMENT EARNINGS, KNOWN AS ENDOWMENT FEES, TO UC RIVERSIDE TO OFFSET THE CAMPUS COSTS OF ADMINISTERING AND CARRYING OUT THE TERMS OF THE ENDOWMENT AND TO HELP SUPPORT COSTS OF THE CAMPUS AND IN PARTICULAR THOSE RELATED TO ADVANCEMENT. 10629133 true true false false false false false false false true false true false false true false true true false false false false false false false false false true false false false false false false false false false false true false false false false true true false false false true 0 0 true 0 true true false false false false false false false false false false false X 39 39 true false false false false false false true true false false true true true true true true false false false CA X X ESSAM ULHAQ 9518276293 1136 HINDERAKER HALL RIVERSIDE CA 92521 X X SUSAN ATHERTON CHAIR 1.0 0.0 X X 0 0 0 DARIN ANDERSON IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 ERIK ANDERSON TREASURER 1.0 0.0 X X 0 0 0 WALLY BAKARE ELECTED MEMBER (AS OF 07/01/18 1.0 0.0 X 0 0 0 DAVID F BLAKE ELECTED MEMBER (THRU 06/30/19) 1.0 0.0 X 0 0 0 GORDON BOURNS ELECTED MEMBER (AS OF 07/01/18 1.0 0.0 X 0 0 0 ALLISON CAMPBELL ELECTED MEMBER 1.0 0.0 X 0 0 0 ROCHELLE A CAMPBELL ELECTED MEMBER 1.0 0.0 X 0 0 0 KRISTIN CRELLIN ELECTED MEMBER 1.0 0.0 X 0 0 0 ROBERT FEY ELECTED MEMBER (THRU 06/30/19) 1.0 0.0 X 0 0 0 GLEN GRAYMAN ELECTED MEMBER 1.0 0.0 X 0 0 0 TIMOTHY GREENLEAF ELECTED MEMBER 1.0 0.0 X 0 0 0 THOMAS HAIDER ELECTED MEMBER 1.0 0.0 X 0 0 0 BRIAN HAWLEY ELECTED MEMBER 1.0 0.0 X 0 0 0 IRVING G HENDRICK ELECTED MEMBER 1.0 0.0 X 0 0 0 DALLAS HOLMES ELECTED MEMBER (AS OF 07/01/18 1.0 0.0 X 0 0 0 S SUE JOHNSON ELECTED MEMBER 1.0 0.0 X 0 0 0 JEFFREY A KLEIN ELECTED MEMBER 1.0 0.0 X 0 0 0 HARRY KURANI ELECTED MEMBER (THRU 06/30/19) 1.0 0.0 X 0 0 0 WING LAU ELECTED MEMBER 1.0 0.0 X 0 0 0 JOHN LEONARD ELECTED MEMBER 1.0 0.0 X 0 0 0 JAMES LIN ELECTED MEMBER 1.0 0.0 X 0 0 0 MATT D LYONS ELECTED MEMBER 1.0 0.0 X 0 0 0 AGENOR MAFRA-NETO ELECTED MEMBER 1.0 0.0 X 0 0 0 PAULINE M MCGUIGAN ELECTED MEMBER (THRU 06/30/19) 1.0 0.0 X 0 0 0 CORKY MIZER ELECTED MEMBER (THRU 04/03/19) 1.0 0.0 X 0 0 0 JUDITH POSNIKOFF ELECTED MEMBER 1.0 0.0 X 0 0 0 MARK RUBIN ELECTED MEMBER 1.0 0.0 X 0 0 0 MARY SCHULER ELECTED MEMBER 1.0 0.0 X 0 0 0 RONALD W STOVITZ ELECTED MEMBER 1.0 0.0 X 0 0 0 WALTER STEWART ELECTED MEMBER (AS OF 07/01/18 1.0 0.0 X 0 0 0 CAROL A STRATFORD ELECTED MEMBER 1.0 0.0 X 0 0 0 JANET STRATFORD DAVIS ELECTED MEMBER (AS OF 07/01/18 1.0 0.0 X 0 0 0 DAVID TSAI ELECTED MEMBER 1.0 0.0 X 0 0 0 BRUCE D VARNER ELECTED MEMBER (THRU 06/30/19) 1.0 0.0 X 0 0 0 LINDA WILLIAMS ELECTED MEMBER (THRU 06/30/19) 1.0 0.0 X 0 0 0 KATHERINE WRIGHT ELECTED MEMBER 1.0 0.0 X 0 0 0 KARL HICKS EX-OFFICIO TRUSTEE 1.0 0.0 X 0 0 0 JEFF KRYNSKI EX-OFFICIO TRUSTEE 1.0 0.0 X 0 0 0 KIM A WILCOX EX-OFFICIO TRUSTEE 1.0 0.0 X 0 0 0 PETER A HAYASHIDA PRESIDENT 8.0 0.0 X 0 0 0 HIEU NGUYEN EXECUTIVE VP 1.0 0.0 X 0 0 0 JAN WILDMAN VP FIN & CFO (THRU 01/01/2019) 8.0 0.0 X 0 0 0 KIMBERLY MCDADE VP FIN & CFO (AS OF 02/20/2019 8.0 0.0 X 0 0 0 PATRICIA D KOHLMEIER SECRETARY 36.0 0.0 X 0 0 0 MELISA VICARIO ASST TREAS (THRU 10/16/2018) 36.0 0.0 X 0 0 0 ESSAM ULHAQ ASS0C TREAS (AS OF 05/08/2019) 36.0 0.0 X 0 0 0 0 0 0 0 false false false GRAYSTONE CONSULTING 1999 AVENUE OF THE STARS SUITE 240 LOS ANGELES CA 90067 INVESTMENT SERVICES 337387 1 10605778 1718213 10605778 0 6130224 -29 6130253 0 0 0 0 0 105353984 2878381 93000405 3205591 12353579 -327210 12026369 12026369 0 0 0 0 0 0 0 0 0 0 28762371 -29 18156622 10629133 10629133 0 0 0 0 0 0 0 0 0 0 0 16100 16100 0 0 466525 466525 77520 77520 0 27438 27438 0 0 0 0 0 47689 47689 0 0 0 0 Trust Property Taxes 21865 21865 OTHER EXPENSES 245 245 11286515 10629133 657382 0 X 282068 5011936 9788796 11238829 2916973 3980147 0 0 0 0 0 0 0 0 0 0 0 0 0 3150000 0 147231274 145825279 23413404 23041094 0 0 0 0 44118 70659 186826633 189167944 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23041094 0 LIABILITIES LIFE BENEFICIARIES 212487 DEFERRED INFLOWS-SPLIT INTERES 323077 535564 16855644 -15759992 438859 3880931 -11440202 28295846 466525 466525 28762371 10819990 10819990 466525 466525 11286515 INTENDED USE OF ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS THE FOUNDATION'S ENDOWMENTS PROVIDE FINANCIAL SUPPORT FOR VARIOUS UC RIVERSIDE SCHOOLS AND PROGRAMS, INCLUDING RESEARCH, STUDENT SCHOLARSHIPS AND FELLOWSHIPS, INSTRUCTIONAL SUPPORT, EQUIPMENT PURCHASES, CAPITAL IMPROVEMENTS AND EDUCATION. REVENUE ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990 FORM 990, SCHEDULE D, PART XI, LINE 2D CHANGE IN FAIR VALUE OF SPLIT-INTEREST AGREEMENTS $3,880,931 false REGENTS OF THE UNIV OF CA RIVERSIDE 900 UNIVERSITY AVENUE RIVERSIDE CA 92521 956006142 STATE OF CA 10629133 N/A N/A SUPPORT UNIV. PROG. 1 PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS FORM 990, SCHEDULE I, PART I, LINE 2 THE UC RIVERSIDE FOUNDATION IS THE PRIMARY DEPOSITORY OF DONATIONS RECEIVED TO SUPPORT UC RIVERSIDE. GIFTS PROCESSED BY THE UC RIVERSIDE FOUNDATION INCLUDE 100% TAX DEDUCTIBLE DONATIONS PLUS MEMBERSHIP AND SPECIAL EVENTS PROCEEDS IN WHICH A PORTION OF THE CONTRIBUTIONS RECEIVED MAY INCLUDE QUID PRO QUO ITEMS. CONTRIBUTIONS AS NOTED ABOVE ARE TRANSFERRED TO THE UC RIVERSIDE CAMPUS AS GRANTS. THE CAMPUS USES THE GRANTS TO MAKE DISTRIBUTIONS FOR THE PURPOSE THE CONTRIBUTIONS WERE GIVEN AND IN COMPLIANCE WITH UNIVERSITY OF CALIFORNIA POLICIES. THESE DISTRIBUTIONS ARE FOR SCHOLARSHIPS AND FELLOWSHIPS, RESEARCH, SPECIAL EVENTS COSTS, OTHER PROGRAM COSTS, ETC. ENDOWMENT SPENDING PROVIDED FROM THE UC RIVERSIDE FOUNDATION'S ENDOWMENT IS GRANTED TO THE UC RIVERSIDE CAMPUS AND IS EXPENDED BY THE CAMPUS IN THE SAME MANNER. ALL SUCH EXPENDITURES OF THE GIFT FUNDS ARE INCURRED BY THE CAMPUS WITHIN THE UNIVERSITY'S ACCOUNTING SYSTEM AND ARE NOT REFLECTED ON THE FOUNDATION'S ACCOUNTING RECORDS. X 21 1718213 AVG price Dntn date false true false NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN (B), LINE 9 THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF DONATIONS RECEIVED FROM CONTRIBUTORS. FAMILY OR BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 2 ALLISON CAMPBELL AND ROCHELLE A. CAMPBELL HAVE A FAMILY RELATIONSHIP. JANET STRATFORD DAVIES AND CAROL STRATFORD HAVE A FAMILY RELATIONSHIP. DISCLOSURE FOR POLICIES FORM 990, PART VI, SECTION B THE UC RIVERSIDE FOUNDATION IS REQUIRED TO COMPLY WITH THE POLICIES OF THE UNIVERSITY OF CALIFORNIA. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE FOUNDATION'S BOARD OF TRUSTEES. DURING THE REVIEW THE COMMITTEE MEMBERS HAVE THE OPPORTUNITY TO ASK QUESTIONS OF THE FOUNDATION'S ACCOUNTING STAFF AND/OR THE ACCOUNTING FIRM PREPARING THE RETURN. A COMPLETE COPY OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD BEFORE IT IS FILED. MONITORING CONFLICTS OF INTEREST FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - THE UC RIVERSIDE FOUNDATION HAS A CONFLICT OF INTEREST STATEMENT WHICH MUST BE COMPLETED BY BOARD MEMBERS, OFFICERS AND STAFF MEMBERS IN DECISION-MAKING ROLES ANNUALLY. THE CONFLICT OF INTEREST STATEMENT IS AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT. THE ANNUAL STATEMENTS ARE REVIEWED BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER WHO MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST. ANY POTENTIAL OR ACTUAL CONFLICTS ARE DISCLOSED TO THE CHAIR OF THE BOARD OF TRUSTEES IN ORDER TO ADDRESS THEM APPROPRIATELY. A DETERMINATION IS THEN MADE TO: (A)TAKE NO ACTION; (B)ASSURE FULL DISCLOSURE TO THE BOARD OF TRUSTEES AND OTHER INDIVIDUALS COVERED BY THE POLICY; (C)ASK THE MEMBER OR STAFF PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS; OR (D)ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION ON THE BOARD OR IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL. PUBLICLY REQUIRED INFORMATION FORM 990, PART VI, SECTION B, LINE 18 THE UC RIVERSIDE FOUNDATION POSTS ITS FORM 990 ON ITS WEBSITE. IT MAKES AVAILABLE ITS FORM 1023 APPLICATION AND ITS FORM 990-T UPON REQUEST. OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION, BYLAWS, FINANCIAL STATEMENTS AND THE CONFLICT OF THE INTEREST POLICY STATEMENT ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 CHANGE IN FAIR VALUE OF SPLIT-INTEREST AGREEMENTS $ 3,880,932 ADJUSTMENT FOR PRIOR YEAR RETURNED GRANTS 438,860 ------------- TOTAL $ 4,319,792 CHARITABLE REMAINDER UNITRUST (4) TRUST CA UCRF Trust true false false false false false false false false false false false false false false false false false false false