2015-01-23T17:25:30-06:00 2014-06-30 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2013-07-01 237314834 UC SANTA BARBARA FOUNDATION % MELODIE LEE UCSB FDN UCSA 8058938585 UNIVERSITY OF CALIFORNIA Suite SANTA BARBARA CA 931061130 Eric J Sonquist CFO 8058938585 2015-01-23 true REGINA L PRINCE P00576936 8058938585 2013 2016-02-25 16:41:14Z Eric J Sonquist 4219 Cheadle Hall UC Santa Barbara CA 931062013 37054491 false X www.ia.ucsb.edu/ucsb-foundation X 1973 CA The UC Santa Barbara Foundation is a non-profit, public-benefit corporation organized to raise, accept, and administer private gifts and grants to UC Santa Barbara. 91 83 0 91 4922 -6813 17153399 20091571 0 0 1359546 2411943 102918 4183 18615863 22507697 13257806 15540822 0 0 0 0 0 0 1247882 2553668 2335919 15811474 17876741 2804389 4630956 146991260 168045581 3761356 4357865 143229904 163687716 X The UC Santa Barbara Foundation actively works to further the goals of the University of California, Santa Barbara. The Foundation seeks to maintain and nurture the University's quality and distinction. On behalf of the campus, The Foundation raises and administers funds that support UCSB's objectives of teaching, research, and public service. The Foundation also provides counsel and general assistance to the campus, its students, faculty, and staff. false false 11662346 11662346 UNIVERSITY PROGRAMS/OTHER DISBURSEMENTS. FUNDS ARE PROVIDED TO THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA WHICH ASSUMES FIDUCIARY RESPONSIBILITY FOR ACTUAL DISBURSEMENT FOR DEPARTMENT SUPPORT, INSTRUCTORS, RESEARCH AND SPECIAL PROJECTS. 2166884 2166884 SCHOLARSHIPS AND AWARDS MONIES WERE TRANSFERRED FROM THE UC SANTA BARBARA FOUNDATION TO THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA IN SUPPORT OF SCHOLARSHIPS AND AWARDS. THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA ASSUMES FIDUCIARY RESPONSIBILITY FOR AWARDING AND ADMINISTING THE FUNDS. 1711592 1711592 THE FOUNDATION RAISES, RECORDS AND MANAGES GIFTS FROM INDIVIDUALS, CORPORATIONS, ORGANIZATIONS AND FOUNDATIONS FOR THE SOLE BENEFIT OF UC SANTA BARBARA IN ACCORDANCE WITH DONORS' WISHES. THE FOUNDATION PAYS A PERCENTAGE OF AWARDS RECEIVED, REFERRED TO AS GIFT FEES, AND A PERCENTAGE OF ENDOWMENT EARNINGS, KNOWN AS ENDOWMENT FEES, TO UC SANTA BARBARA TO REIMBURSE FOR PERSONNEL SERVICES AND USE OF FACILITIES PROVIDED TO THE FOUNDATION. 15540822 true true false false false false false false false true true true false false true false true true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 2 0 true 0 true true false false false false false false false false false X 91 83 true false false false false false false true true false false true true true true true true false false false CA X X MELODIE LEE UCSB FDN 8058935274 1110 PHELPS UCSB SANTA BARBARA CA 93106 X Marcia L Carsey Chair 5.0 0.0 X X 0 0 0 Bruce Wilcox Imdte. Past & Nomination Chair 5.0 0.0 X X 0 0 0 Mark A Bertelsen Vice Chair - Development 5.0 0.0 X X 0 0 0 John P Arnhold Vice Chair - Invst & TREASURER 5.0 0.0 X X 0 0 0 Marie J Williams Vice Chair - Donor Relations 5.0 0.0 X X 0 0 0 Susan Worster Secretary 5.0 0.0 X X 0 0 0 Beverly J Colgate Executive Director 2.0 38.0 X X 0 177448 78828 Eric J Sonquist Chief Financial Officer 8.0 32.0 X X 0 144167 67366 Jane Williams Vice Chair - Invst & Treasurer 5.0 0.0 X X 0 0 0 Jonathan Abboud Trustee 2.0 0.0 X 0 0 0 David G Adishian Trustee 2.0 0.0 X 0 0 0 Janet A Alpert Trustee 2.0 0.0 X 0 0 0 Sarah Argyropoulous Trustee 2.0 0.0 X 0 0 0 Richard A Auhll Trustee 2.0 0.0 X 0 0 0 Barrie Bergman Trustee 2.0 0.0 X 0 0 0 Kum-Kum Bhavnani Trustee 2.0 38.0 X 0 183676 60932 Edward E Birch Trustee 2.0 0.0 X 0 0 0 Richard A Bocci Trustee 2.0 0.0 X 0 0 0 Richard Breaux Trustee 2.0 0.0 X 0 0 0 Gwendolyn A Brown Trustee 2.0 0.0 X 0 0 0 Paula Bruice Trustee 2.0 0.0 X 0 0 0 Daniel P Burnham Trustee 2.0 0.0 X 0 0 0 Janet L Campbell Trustee 2.0 0.0 X 0 0 0 Ann Cady Cooper Trustee 2.0 0.0 X 0 0 0 Stephen Cooper Trustee 2.0 0.0 X 0 0 0 Karen B Coyne Trustee 2.0 0.0 X 0 0 0 Stephen Crowe Trustee 2.0 0.0 X 0 0 0 Deanna C Dehlsen Trustee 2.0 0.0 X 0 0 0 William A Dinsmore III Trustee 2.0 0.0 X 0 0 0 Diandra de Morrell Douglas Trustee 2.0 0.0 X 0 0 0 Robert W Duggan Trustee 2.0 0.0 X 0 0 0 Glenn Duval Trustee 2.0 0.0 X 0 0 0 Gary E Erickson Trustee 2.0 0.0 X 0 0 0 Scott Frank Trustee 2.0 0.0 X 0 0 0 William Garlock Trustee 2.0 0.0 X 0 0 0 Marilyn Gevirtz Trustee 2.0 0.0 X 0 0 0 Frederick W Gluck Trustee 2.0 0.0 X 0 0 0 Norman N Habermann Trustee 2.0 0.0 X 0 0 0 Gary L Haddow Trustee 2.0 38.0 X 0 28985 15270 Eva Haller Trustee 2.0 0.0 X 0 0 0 Roy C Hardiman Trustee 2.0 0.0 X 0 0 0 Thomas J Harriman Trustee 2.0 0.0 X 0 0 0 W Roger Haughton Trustee 2.0 0.0 X 0 0 0 Judith Hopkinson Trustee 2.0 0.0 X 0 0 0 Blair Hull Trustee 2.0 0.0 X 0 0 0 Janice Jagelski Trustee 2.0 0.0 X 0 0 0 William K Packy Jones Trustee 2.0 0.0 X 0 0 0 Peter C Jordano Trustee 2.0 0.0 X 0 0 0 Marvel B Kirby Trustee 2.0 0.0 X 0 0 0 Jack Krouskup Trustee 2.0 0.0 X 0 0 0 R Marilyn Lee Trustee 2.0 0.0 X 0 0 0 Carl Lindros Trustee 2.0 0.0 X 0 0 0 Mark D Linehan Trustee 2.0 0.0 X 0 0 0 James A Lisi Trustee 2.0 0.0 X 0 0 0 Pamela M Lopker Trustee 2.0 0.0 X 0 0 0 Lillian Lovelace Trustee 2.0 0.0 X 0 0 0 John MacFarlane Trustee 2.0 0.0 X 0 0 0 John W Marren Trustee 2.0 0.0 X 0 0 0 Darryl T McCall Trustee 2.0 0.0 X 0 0 0 Sheila Bourke McGinity Trustee 2.0 0.0 X 0 0 0 Kathryn D McKee Trustee 2.0 0.0 X 0 0 0 Duncan A Mellichamp Trustee 2.0 0.0 X 0 0 0 Steven C Mendell Trustee 2.0 0.0 X 0 0 0 Louise A Pahl Trustee 2.0 0.0 X 0 0 0 Alex Pananides Trustee 2.0 0.0 X 0 0 0 Ceil Pulitzer Trustee 2.0 0.0 X 0 0 0 Diana Raab Trustee 2.0 0.0 X 0 0 0 Lynn P Reitnouer Trustee 2.0 0.0 X 0 0 0 Lady Leslie Ridley-Tree Trustee 2.0 0.0 X 0 0 0 Richard KN Ryu Trustee 2.0 0.0 X 0 0 0 Harvey B Schechter Trustee 2.0 0.0 X 0 0 0 Joshua Schimel Trustee 2.0 38.0 X 0 169642 57778 Jean K Schuyler Trustee 2.0 0.0 X 0 0 0 Mark J Schwartz Trustee 2.0 0.0 X 0 0 0 Kenneth P Slaught Trustee 2.0 0.0 X 0 0 0 Phillip L Spector Trustee 2.0 0.0 X 0 0 0 Judith Stapelmann Trustee 2.0 0.0 X 0 0 0 Fredric E Steck Trustee 2.0 0.0 X 0 0 0 Michael Stohl Trustee 2.0 38.0 X 0 165899 52290 Susan Tai Trustee 2.0 0.0 X 0 0 0 James S Taylor Trustee 2.0 0.0 X 0 0 0 William S Tom Thomas Trustee 2.0 0.0 X 0 0 0 George Thurlow Trustee 2.0 38.0 X 0 162563 63456 Michael Towbes Trustee 2.0 0.0 X 0 0 0 Kent Vining Trustee 2.0 0.0 X 0 0 0 James R Warren Trustee 2.0 0.0 X 0 0 0 Betty Elings Wells Trustee 2.0 0.0 X 0 0 0 Philip H White Trustee 2.0 0.0 X 0 0 0 Gary L Wilcox Trustee 2.0 0.0 X 0 0 0 Richard A Williams Trustee 2.0 0.0 X 0 0 0 Chancellor Henry T Yang Trustee 2.0 38.0 X 0 335491 112879 0 1367871 508799 0 false true false PriceWaterhouseCoopers PO Box 514038 LOS ANGELES CA 900514038 Audit and Tax 108209 1 X 10774 20080797 2783878 20091571 0 2655612 1383 2654229 0 808 808 0 0 0 14303125 14546794 -243669 -243669 3539 -247208 0 0 0 MISCELLANEOUS REVENUE 900099 3375 3375 3375 22507697 4922 2411204 15540822 15540822 0 0 0 0 0 0 0 0 0 0 0 1239 1239 113144 113144 0 0 844859 844859 0 0 40000 40000 13000 13000 0 0 0 0 70000 70000 0 0 2262 2262 0 DEVELOPMENT OFFICE 1168000 1168000 ANNUAL FUND 79882 79882 MISCELLANEOUS 3370 3370 BANK FEES 163 163 17876741 15540822 1088037 1247882 X 67098 92386 142822 108345 11753824 16902082 1233752 44575 0 0 0 0 548218 570788 0 0 0 0 34652 28598 8317 6054 68938023 87945422 64299195 59080761 0 0 0 0 11 3295168 146991260 168045581 108521 9876 0 0 548218 570789 0 0 0 0 0 0 0 0 0 0 3104617 3777200 3761356 4357865 X 0 0 0 0 143229904 163687716 143229904 163687716 146991260 168045581 X 4630956 16009706 -182850 X false true X true false X 17505406 11542101 20759472 17153399 20091571 87051949 0 0 17505406 11542101 20759472 17153399 20091571 87051949 3956204 83095745 2453578 3115812 1468788 1628791 2656420 11323389 0 18 22000 1911 102000 3375 129304 98504642 0.84357 0.81421 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124303067 9364113 16801132 983552 6437036 228226 142819498 113295430 9391076 10423266 1056578 7750127 124303067 122718789 5991351 -4926656 975209 9512845 113295430 106541167 6823039 19375586 940592 9080412 122718788 97240800 11072363 8437051 1050055 9158992 106541167 0.25585 0.59805 0.14611 false true true 0 0 34652 28598 6054 6054 HEDGE FUNDS 22095813 F FIXED INCOME 17998636 F PRIVATE EQUITY 10491647 F UC REGENTS STIP 3157600 F CHARIT RMDR TRUST INVST HELD 5337065 F 59080761 0 CHARITABLE REMAINDER TRUSTS 3777200 3777200 X 37489693 16009705 -182850 15826855 21662838 844859 844859 22507697 17031882 17031882 844859 844859 17876741 ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO FURTHER THE GOALS OF THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA BY PROVIDING FUNDING FOR SCHOLARSHIPS, ACADEMIC RESEARCH AND OTHER PROGRAMS OF THE UNIVERSITY. FIN 48 (ASC 740) SCHEDULE D, PART X, LINE 2 THE FOUNDATION PREPARES ITS FINANCIAL STATEMENTS IN ACCORDANCE WITH GASB, THEREFORE THERE IS NO FOOTNOTE THAT ADDRESSES ASC 740 THAT IS ONLY REQUIRED BY FASB. RECONCILIATION OF REVENUE PER FINANCIALS WITH REVENUE PER RETURN SCHEDULE D, PART XI, LINE 2d CHANGE IN ESTIMATED VALUE OF CHARITABLE REMAINDER TRUSTS $ 182,850 true UNIVERSITY OF CALIFORNIA SANTA BARBARA 3201 SAASB Extramural Fund Accounting Santa Barbara CA 931062040 956006145 501(c)(3) 15540822 N/A N/A SCHOLARSHIPS AND UNIVERSITY PROGRAM SUPPORT 1 MONITORING USE OF GRANT FUNDS SCHEDULE I, PART 1, LINE 2 THE FOUNDATION TRANSFERS MONIES TO THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA, WHICH ASSUMES FIDUCIARY RESPONSIBILITY FOR ACTUAL DISBURSEMENT. CRITERIA FOR SELECTION OF RECIPIENTS ARE BASED ON BOUNDARIES SET BY THE ESTABLISHMENT OF THE SCHOLARSHIP BOUNDARIES SET BY THE ESTABLISHMENT OF THE SCHOLARSHIP. false false false false false false false Beverly J Colgate Executive Director 0 177448 0 0 0 0 0 10043 0 68785 0 256276 0 0 Eric J Sonquist Chief Financial Officer 0 144167 0 0 0 0 0 8216 0 59150 0 211533 0 0 Kum-Kum Bhavnani Trustee 0 183676 0 0 0 0 0 10057 0 50875 0 244608 0 0 Joshua Schimel Trustee 0 169642 0 0 0 0 0 9256 0 48522 0 227420 0 0 Michael Stohl Trustee 0 165899 0 0 0 0 0 9460 0 42830 0 218189 0 0 George Thurlow Trustee 0 162563 0 0 0 0 0 9400 0 54056 0 226019 0 0 Chancellor Henry T Yang Trustee 0 335491 0 0 0 0 0 17491 0 95388 0 448370 0 0 PROCESS OF DETERMINING CEO AND OTHER OFFICER COMPENSATION SCHEUDLE J, PART III NONE OF THE LISTED INDIVIDUALS RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION. DURING FYE 6/30/2014, EACH WAS AN EMPLOYEE OF THE UC SANTA BARBARA, A RELATED ORGANIZATION. INDIVIDUALS WERE COMPENSATED PRIMARILY FOR SERVICES TO UNIVERSITY OF CALIFORNIA, SANTA BARBARA. COMPENSATION INFORMATION REFLECTS ALL COMPENSATION RECEIVED DURING CALENDAR YEAR 2013. SCHEDULE J, PART I, LINE 3 COMPENSATION PRACTICES FOR THE RELATED ORGANIZATION IN DETERMINING COMPENSATION FOR ITS TOP MANAGEMENT OFFICIALS INCLUDE: A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. X 39 783877 AVG HIGH/LOW DATE RE X 1 2000000 Appraisal false true true NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN B THE NUMBER OF CONTRIBUTIONS REPORTED IS BASED ON THE NUMBER OF DONATIONS RECEIVED FROM CONTRIBUTORS. THIRD PARTIES OR RELATED ORGANIZATIONS TO SELL NON-CASH CONTRIBUTIONS Schedule M, Part I, Question 32b The Foundation maintains numerous brokerage accounts to faCilitate the sale of publicly traded stock. 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 Santa Barbara to assist with the solicitation and processing of non-cash gifts. GOVERNING BODY FAMILY RELATIONSHIP FORM 990, PART VI, LINE 2 Marvel B. Kirby and William K. Jones HAVE A FAMILY RELATIONSHIP. PROCESS OF REVIEW FORM 990, PART VI, LINE 11A THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITEE. A COMPLETE COPY IS DISTRIBUTED TO THE FULL BOARD AFTER THE AUDIT COMMITEE APPROVAL AND BEFORE THE FORM IS FILED WITH THE IRS. MONITORING AND ENFORCING COMPLIANCE OF CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C In connection with any actual or possible conflicts, an interested person (e.g., board member, officer, or key employee) must disclose, at least annually, the existence of his or her financial interest and all material facts to the board of trustees and members of committees with board-delegated powers considering the proposed transaction or arrangement. To facilitate Conflict of Interest disclosure, the Foundation annually distributes conflict of interest questionnaires to all interested persons. Completed questionnaires are reviewed by the Foundation's Assistant Director for any potential disclosed or undisclosed conflicts. If a conflict is disclosed, the Assistant Director reviews the finding with the CFO (Director). If the conflict is confirmed, the CFO notifies the Board Chair and the policy regarding a conflict of interest is invoked. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interests exists. If the board or committee has reasonable cause to believe that an interested person has failed to disclose actual or possible conflicts of interest, it shall inform the trustee or officer of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the interested person and making such further investigation as may be warranted in the circumstances, the board or committee determines that the interested person has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. PROCESS OF DETERMINING COMPENSATION OF THE CEO AND OTHER OFFICERS Form 990, Part VI, lines 15A and 15B THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES AND NO OFFICERS OR OTHER EMPLOYEES RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION (E.G., FOUNDATION). DURING FYE 6/30/2014, ALL ARE EMPLOYEES OF THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA, A RELATED ORGANIZATION, AND ARE COMPENSATED BY THAT RELATED ORGANIZATION. SENIOR MANAGEMENT, INCLUDING THE CHANCELLOR, ARE COMPENSATED IN ACCORDANCE WITH UNIVERSITY OF CALIFORNIA REGENTS POLICY 7701. A NUMBER OF FACTORS ARE CONSIDERED TO DETERMINE FAIR AND REASONABLE COMPENSATION INCLUDING: PERFORMANCE, PEER COMPARABILITY, EXTERNAL MARKET COMPARABILITY, SCOPE AND BREADTH OF EXPERIENCE AND RESPONSIBILITIES. COMPENSATION OF THE CHANCELLOR IS APPROVED BY THE REGENTS. 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. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES CHANGE IN ESTIMATED VALUE OF CHARITABLE REMAINDER TRUSTS $ 182,850 UNIVERSITY OF CALIFORNIA SANTA BARBARA UNIVERSITY OF CALIFORNIA Santa Barbara CA 93106 956006145 EDUC/RESEARCH CA 501(C)(3) 6 STATE OF CA false REGENTS OF THE UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET OAKLAND CA 94607 943067788 EDUCATION CA STATE OF CA false CHARITABLE REMAINDER TRUST (3) FUNDRAISING CA NA TRUST 0.00000 true CHARITABLE REMAINDER UNITRUST (3) FUNDRAISING CA NA TRUST 0.00000 true false true false false false false false false false false false false true true true true false false false