SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE (EIN 20-8009370)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-11-14
IRS object ID: 201633199349307478
Schema version: 2015v2.1
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 B
Schedule D
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-11-14T14:12:49-06:00	ReturnTs
Tax Period End	2015-12-31	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 Drive 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	2015-01-01	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	8582461074	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	JEFFREY A STEINDORF	PersonNm
Person Title	COO	PersonTitleTxt
Phone	8582461074	PhoneNum
Signature	2016-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

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

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2017-02-10 21:41:12Z	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	$8,185,564	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	Applying the power of collaborative stem cell research to advance breakthrough therapies.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	2	TotalEmployeeCnt
Total Volunteers	12	TotalVolunteersCnt
Total Gross UBI	$4,782	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$3,189	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$92,850	PYContributionsGrantsAmt
CY Contributions Grants	$50,000	CYContributionsGrantsAmt
PY Program Service Revenue	$7,709,162	PYProgramServiceRevenueAmt
CY Program Service Revenue	$8,077,505	CYProgramServiceRevenueAmt
PY Investment Income	$13,410	PYInvestmentIncomeAmt
CY Investment Income	$26,531	CYInvestmentIncomeAmt
PY Other Revenue	$7,708	PYOtherRevenueAmt
CY Other Revenue	$31,528	CYOtherRevenueAmt
PY Total Revenue	$7,823,130	PYTotalRevenueAmt
CY Total Revenue	$8,185,564	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	$265,066	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$270,249	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$11,960,559	PYOtherExpensesAmt
CY Other Expenses	$12,245,296	CYOtherExpensesAmt
PY Total Expenses	$12,225,625	PYTotalExpensesAmt
CY Total Expenses	$12,515,545	CYTotalExpensesAmt
PY Revenues Less Expenses	-$4,402,495	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$4,329,981	CYRevenuesLessExpensesAmt
Total Assets BOY	$117,252,665	TotalAssetsBOYAmt
Total Assets EOY	$110,695,383	TotalAssetsEOYAmt
Total Liabilities BOY	$60,872,646	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$58,645,345	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$56,380,019	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$52,050,038	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	$11,822,099	ExpenseAmt
Revenue	$8,011,077	RevenueAmt
Desc	THE SANFORD CONSORTIUM SUCCESSFULLY ADVANCED OPERATIONS AND STEM CELL RESEARCH COLLABORATIONS IN 2015. SCIENTISTS FROM THE CONSORTIUM'S FIVE MEMBER INSTITUTIONS - LA JOLLA INSTITUTE FOR ALLERGY AND IMMUNOLOGY, SALK INSTITUTE FOR BIOLOGICAL STUDIES, SANFORD-BURNHAM MEDICAL RESEARCH INSTITUTE, THE SCRIPPS RESEARCH INSTITUTE, AND THE UNIVERSITY OF CALIFORNIA, SAN DIEGO - CONTINUED SCIENTIFIC RESEARCH TO DEFINE METHODS FOR HARNESSING THE REGENERATIVE POWERS OF STEM CELLS TO TREAT SOME OF THE WORLD'S MOST CHALLENGING DISEASES. MAJOR AREAS OF FOCUS INCLUDE ALZHEIMER'S DISEASE, CANCER, DIABETES, HEART DISEASE, PARKINSON'S DISEASE, AND SPINAL CORD INJURIES. SCIENTIFIC PAPERS BY CONSORTIUM RESEARCHERS HAVE ENHANCED THE BASE OF KNOWLEDGE AVAILABLE TO THOUSANDS OF STEM CELL SCIENTISTS WORLDWIDE.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$24,099	ExpenseAmt
Revenue	$0	RevenueAmt
Desc	THE CONSORTIUM SPONSORED THE 2015 STEM CELL MEETING ON THE MESA, AN INTERNATIONAL GATHERING THAT WAS FUNDED IN PART BY A CONFERENCE GRANT AWARDED BY THE CALIFORNIA INSTITUTE FOR REGENERATIVE MEDICINE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$11,846,198	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	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
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	6	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
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	Jeffrey A Steindorf	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 (13 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
ATKINSON Richard
Director	1.00	Yes (X)	$0	$0	$0
Blackburn Elizabeth
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
Holmes Edward
PRESIDENT & DIRECTOR	20.00	Yes (X)	$44,772	$0	$16,550	Yes (X)
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
Samit Robin
VICE PRESIDENT & SECRETARY	1.00		$0	$0	$0	Yes (X)
STEINDORF Jeffrey
VICE PRESIDENT & COO	40.00		$195,000	$0	$0	Yes (X)
WITMER Kim
Vice President & CFO	1.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$239,772	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$16,550	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 (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
kavanagh associates llc
6540 luSk blvd ste c213	san diego	CA	92121	facilities management	$377,092
SECURITAS SECURITY SERVICES USA INC
1550 HOTEL CIRCLE NORTH	SAN diego	CA	92108	SECURITY SERVICES	$264,475
Sol Pacific LLC
6336 Greenwich Drive Ste B	San diego	CA	92122	Janitorial Services	$231,256

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt
Government Grants	$50,000	GovernmentGrantsAmt
Total Contributions	$50,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
LICENSE FEES	900099	$4,627,692	$4,627,692
lease income	531390	$3,080,503	$3,080,503
MISCELLANEOUS REVENUE	900099	$239,781	$173,353	$66,428
CONTRACT RESEARCH	900099	$129,529	$129,529

Field	Value	IRS element (for citing)
Total Program Service Revenue	$8,077,505	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$26,531	TotalRevenueColumnAmt
Exclusion	$26,531	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	PARKING REVENUE	Desc
Business	812930	BusinessCd
Total Revenue Column	$31,528	TotalRevenueColumnAmt
Unrelated Business Revenue	$4,782	UnrelatedBusinessRevenueAmt
Exclusion	$26,746	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$31,528	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,185,564	TotalRevenueColumnAmt
Related Or Exempt Func Income	$8,011,077	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$4,782	UnrelatedBusinessRevenueAmt
Exclusion	$119,705	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$256,322	TotalAmt
Program Services	$110,218	ProgramServicesAmt
Management And General	$146,104	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$13,927	TotalAmt
Program Services	$5,989	ProgramServicesAmt
Management And General	$7,938	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$281,815	TotalAmt
Program Services	$281,815	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$2,525	TotalAmt
Management And General	$2,525	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$34,725	TotalAmt
Management And General	$34,725	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$109,445	TotalAmt
Management And General	$109,445	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$54,195	TotalAmt
Management And General	$54,195	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,704,651	TotalAmt
Program Services	$1,704,651	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,385	TotalAmt
Management And General	$3,385	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$30,075	TotalAmt
Program Services	$30,075	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,542,712	TotalAmt
Program Services	$2,542,712	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,685,720	TotalAmt
Program Services	$5,685,720	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$149,524	TotalAmt
Management And General	$149,524	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
Building Support	$605,358	$605,358
Security Services	$312,323	$312,323
Science Support	$271,635	$271,635
Operational & Financial	$223,449	$96,083	$127,366

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$233,759	TotalAmt
Program Services	$199,619	ProgramServicesAmt
Management And General	$34,140	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,515,545	TotalAmt
Program Services	$11,846,198	ProgramServicesAmt
Management And General	$669,347	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,965,196	BOYAmt
EOY	$1,601,987	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$111,694	BOYAmt
EOY	$158,991	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$116,210	BOYAmt
EOY	$106,014	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$123,119,812	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$20,307,751	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$108,320,922	BOYAmt
EOY	$102,812,061	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$6,016,330	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$738,643	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$117,252,665	BOYAmt
EOY	$110,695,383	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$470,589	BOYAmt
EOY	$516,576	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$121,251	BOYAmt
EOY	$60,625	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$60,280,806	BOYAmt
EOY	$58,068,144	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$60,872,646	BOYAmt
EOY	$58,645,345	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$56,380,019	BOYAmt
EOY	$52,050,038	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$56,380,019	BOYAmt
EOY	$52,050,038	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$117,252,665	BOYAmt
EOY	$110,695,383	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$4,329,981	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)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$31,193,181	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$12,319,710	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$140,115	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$92,850	CurrentTaxYearMinus1YearAmt
Current Tax Year	$50,000	CurrentTaxYearAmt
Total	$43,795,856	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$31,193,181	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$12,319,710	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$140,115	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$92,850	CurrentTaxYearMinus1YearAmt
Current Tax Year	$50,000	CurrentTaxYearAmt
Total	$43,795,856	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$43,795,856	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$28,808	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$21,963	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$59,220	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$84,162	CurrentTaxYearMinus1YearAmt
Current Tax Year	$119,705	CurrentTaxYearAmt
Total	$313,858	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$5,420	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,750	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,708	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,782	CurrentTaxYearAmt
Total	$25,660	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$183,569	CurrentTaxYearMinus4YearsAmt
Total	$183,569	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$44,318,943	TotalSupportAmt
Gross Receipts Rltd Activities	$30,444,663	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.98820	PublicSupportCY170Pct
Public Support PY170	0.99250	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Part II, Line 10(a)	FormAndLineReferenceDesc
Explanation	Other Income: 2011 - Property tax refund $183,569	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$107,851,363	OtherCostOrOtherBasisAmt
Depreciation	$10,763,108	DepreciationAmt
Book Value	$97,088,255	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$15,268,449	OtherCostOrOtherBasisAmt
Depreciation	$9,544,643	DepreciationAmt
Book Value	$5,723,806	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$102,812,061	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	The Regents STIP	Desc
Book Value	$6,016,330	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$6,016,330	TotalBookValueSecuritiesAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$8,185,564	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$8,185,564	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$8,185,564	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$12,515,545	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$12,515,545	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$12,515,545	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X, Line 2:	FormAndLineReferenceDesc
Explanation	Sanford has no unrecognized tax benefits or liabilities as of December 31, 2015 or 2014. Sanford 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, 2015 and 2014, taxes on unrelated business income are recorded when paid and no provision for income tax has been made. Sanford is no longer subject to income tax examinations by taxing authorities for years before 2013 for its federal filings and for years before 2012 for its state filings.	ExplanationTxt

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	$190,000	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$5,000	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	$195,000	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	13033W5C3	CUSIPNum
Bond Issued	2010-05-18	BondIssuedDt
Issue Price	$65,134,387	IssuePriceAmt
Purpose	Finance Construction	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	$65,134,387	TotalProceedsAmt
Capitalized Interest	$4,762,207	CapitalizedInterestAmt
Issuance Costs From Proceeds	$899,430	IssuanceCostsFromProceedsAmt
Capital Expenditures	$59,472,750	CapitalExpendituresAmt
Substantial Completion	2011	SubstantialCompletionYr
Current Refunding	0	CurrentRefundingInd
Advance Refunding	0	AdvanceRefundingInd
Final Allocation Made	0	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	Yes (1)	AnyResearchAgreementsInd
Engage Bond Counsel Research	Yes (1)	EngageBondCounselResearchInd
Private Bus Use By Others	0.00000	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00000	PrivateBusConcerningUBIPct
Total Private Business Use	0.00000	TotalPrivateBusinessUsePct
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 11	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.