2015-02-13T14:13:44-08:00 2014-06-30 Mark Boyer CPA 3990 Old Town Avenue B-101 San Diego CA 92110 990 2013-07-01 952872494 UC SAN DIEGO FOUNDATION UCSA 8585341032 9500 GILMAN DRIVE LA JOLLA CA 92093 M SHAVER DIRECTOR/CFO 2015-01-23 true Mark Boyer P01473280 6195048987 X 2013 2016-02-25 16:41:14Z 191884907 false false X WWW.UCSDFOUNDATION.UCSD.EDU X 1972 CA THE MISSION OF THE UC SAN DIEGO FOUNDATION IS TO ADVOCATE AND RAISE PRIVATE SUPPORT FOR THE UNIVERSITY OF CALIFORNIA SAN DIEGO, FOR THE PURPOSES OF ITS RESEARCH, TEACHING AND PUBLIC SERVICE MISSION. 42 39 0 0 77847096 71350936 70100 67056 8662786 14277589 530709 645404 87110691 86340985 68306641 79324166 0 0 0 0 476675 459621 68783316 79783787 18327375 6557198 662044370 730878951 17429161 16228687 644615209 714650264 THE MISSION OF THE UC SAN DIEGO FOUNDATION IS TO ADVOCATE AND RAISE PRIVATE SUPPORT FOR THE UNIVERSITY OF CALIFORNIA SAN DIEGO, FOR THE PURPOSES OF ITS RESEARCH, TEACHING AND PUBLIC SERVICE MISSION. false false 72313934 72313934 GRANTS IN SUPPORT OF PROGRAMS OF THE UNIVERSITY OF CALIFORNIA, SAN DIEGO: $16,014,768 FOR CAPITAL PROJECT CONSTRUCTION, $26,924,079 FOR GENERAL DEPARTMENTAL SUPPORT, $21,586,226 FOR RESEARCH AND RELATED FACULTY SUPPORT, $7,788,861 FOR STUDENT AID. 3985288 3985288 GIFT FEES ASSESSED AND TRANSFERRED PER POLICY OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO. 3024944 3024944 INVESTMENT EARNINGS PROVIDED TO SUPPORT UC SAN DIEGO FOUNDATION OPERATING COSTS INCURRED BY THE CAMPUS AS WELL AS OTHER FUNDRAISING COSTS INCURRED BY THE CAMPUS. 79324166 true true false false false false false false true true true true false false false false true true false false true false false false true true false true false true false false false false false false false false false false false true false false false false true false false false false true 5 0 true 0 false false false true MX false false true true true true false 0 false false false false false false false false false false X 42 39 false false false false false false false true true false false true true true true true true true true false X X X M SHAVER 8585341032 9500 GILMAN DR MC 0940 LA JOLLA CA 920930940 E ARREDONDO JR Trustee 1.00 0.00 X 0 0 0 D BRONSTON-CULP Trustee 1.00 0.00 X 0 0 0 J BROWN Trustee 1.00 0.00 X 0 0 0 J CAMBON Trustee 1.00 0.00 X 0 0 0 M DIAMOND Trustee 1.00 0.00 X 0 0 0 R DYNES Trustee 1.00 0.00 X 0 0 0 P EPSTEIN Trustee 1.00 0.00 X 0 0 0 D FRIEDLAENDER Trustee 1.00 0.00 X 0 0 0 A GALLEGO Trustee 1.00 0.00 X 0 0 0 D GRIMM Trustee 1.00 0.00 X 0 0 0 G HALIGOWSKI Trustee 1.00 0.00 X 0 0 0 S HART Trustee 1.00 0.00 X 0 0 0 G JACOBS Trustee 1.00 0.00 X 0 0 0 S JHA Trustee 1.00 0.00 X 0 0 0 M KATZ Trustee 1.00 0.00 X 0 0 0 J KNIGHT Trustee 1.00 0.00 X 0 0 0 J KRINSK Trustee 1.00 0.00 X 0 0 0 K KRONER Trustee 1.00 0.00 X 0 0 0 G LATTIMER Trustee 1.00 0.00 X 0 0 0 R MARREN Trustee 1.00 0.00 X 0 0 0 R MCNEELY Trustee 1.00 0.00 X 0 0 0 D MURPHY Trustee 1.00 0.00 X 0 0 0 M NEWSOME Trustee 1.00 0.00 X 0 0 0 P PETERSON Trustee 1.00 0.00 X 0 0 0 F POWELL Trustee 1.00 0.00 X 0 0 0 E RADY Trustee 1.00 0.00 X 0 0 0 A REED Trustee 1.00 0.00 X 0 0 0 R REHM Trustee 1.00 0.00 X 0 0 0 L SCHENK Trustee 1.00 0.00 X 0 0 0 S SCHREINER Trustee 1.00 0.00 X 0 0 0 W SCRIPPS Trustee 1.00 0.00 X 0 0 0 A SENYEI Trustee 1.00 0.00 X 0 0 0 K SO Trustee 1.00 0.00 X 0 0 0 J SUN Trustee 1.00 0.00 X 0 0 0 C VASSILIADIS Trustee 1.00 0.00 X 0 0 0 C WEIL Trustee/CHAIR 1.00 0.00 X 0 0 0 P PREUSS Chair 2.00 0.00 X 0 0 0 S ENGELHORN VICE CHAIR 1.00 0.00 X 0 0 0 C CHANG VICE CHAIR 1.00 0.00 X 0 0 0 E STEP TTEE/TREASURER 1.00 0.00 X X 0 0 0 P KHOSLA TTEE/CHANCELLOR 1.00 39.00 X X 0 439581 78862 S GAMER President 15.00 25.00 X X 0 0 0 K BERTEL Vice President 10.00 30.00 X 0 231032 67428 K DRUCQUER-DUFF Vice President 10.00 30.00 X 0 235942 54779 M SHAVER CFO 30.00 10.00 X 0 178177 29292 A RUTHERFORD Secretary 40.00 40.00 X 0 61881 15917 S RELYEA FORMER PRES. 15.00 15.00 X 0 306153 52843 1452766 299121 0 true true false RV KUHNS AND ASSOCIATES INC 1211 SW 5TH AVENUE PORTLAND OR 97204 INVESTMENT COUNSELOR 121499 PRICEWATERHOUSECOOPERS LLP 601 SO FIGUEROA ST LOS ANGELES CA 90017 FINANCIAL AUDIT 102500 2 2760555 68590381 12547228 71350936 MEMBERSHIP INCOME 67056 67056 67056 6829199 6829199 0 0 0 112992312 105543922 7448390 7448390 7448390 597927 2760555 597927 597927 46144 46144 46144 0 OTHER INCOME 1333 1333 1333 86340985 7515446 7474603 79324166 79324166 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INVESTMENT FEES 299707 299707 BANK CHARGES 95758 95758 OTHER EXPENSES 64156 64156 0 79783787 79324166 459621 0 0 999874 1611889 81942037 71925982 36972 100316 0 0 470238 282184 0 0 1140000 1090000 1140000 73755116 88079626 503000431 567048270 119760 319760 0 629942 370924 662044370 730878951 1482030 1923411 15947131 14305276 17429161 16228687 X 644615209 714650264 644615209 714650264 662044370 730878951 X 6557198 72386637 -7770720 -1138060 X false true X true false X 49882452 122892206 44934284 77670231 71417991 366797164 0 928448 1054629 1019940 1137984 1005676 5146677 50810900 123946835 45954224 78808215 72423667 371943841 80198325 291745516 7771806 8733864 7968468 7055264 6829199 38358601 0 523395 576732 517448 499560 599260 2716395 413018837 0.70640 0.70030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 460034446 13093066 77071470 16197926 18666 533982390 390282527 56329662 28129293 14685540 21497 460034445 398254014 11858876 -4525220 15304563 580 390282527 331726573 12576660 65467056 11509400 6877 398254012 299855715 10376849 33858718 12361555 3154 331726573 0.01000 0.92000 0.07000 false false false 1140000 1140000 1140000 567048270 157589562 72386637 -1138060 71248577 86340985 86340985 79783787 79783787 79783787 Part IV, Line 2b: Explanation of escrow account liability THE FOUNDATION ACTS AS TRUSTEE FOR VARIOUS CHARITABLE REMAINDER TRUSTS AND ALUMNI AGENCY FUNDS AND ISSUES GIFT ANNUITIES UNDER ITS CHARITABLE GIFT ANNUITY LICENSE WITH THE STATE OF CALIFORNIA DEPARTMENT OF INSURANCE. NORTH AMERICA 0 0 INVESTMENT 705015 705015 705015 false false false false false false false SEE SCHEDULE O 3358482 2760555 597927 3358482 2760555 597927 597927 false false 46144 true 0.20000 46144 46144 CA false THE STATE OF CALIFORNIA PERMITS CHARITABLE RAFFLES CONDUCTED BY REGISTERED CHARITIES. THE FOUNDATION IS A REGISTERED CHARITY WITH THE STATE OF CALIFORNIA FOR PURPOSES OF CONDUCTING RAFFLES. false true false 1.00000 MARLENE SHAVER 9500 GILMAN DR SUITE 0940 LA JOLLA CA 920930940 false true 46144 STM01 ALL EXPENSES OF CHARITABLE RAFFLES ARE PAID BY UC SAN DIEGO DIRECTLY. ALL PRIZES FOR RAFFLE WINNINGS ARE DONATED AS GIFTS IN KIND. NO PROCEEDS OF THE RAFFLE ARE PAID OUT TO THE WINNERS. SEE ADDITIONAL INFORMATION IN THE NOTE TO SCHEDULE M. Part III, Line 17b - Distributions Required Under State Law $46144 true REGENTS OF THE UNIV OF CA AT SAN DIEGO 9500 GILMAN DR MC 0940 LA JOLLA CA 92093 956006144 79324165 0 SUPPORT UNIVERSITY PROGRAMS 0 1 false false false false false false false false false false K BERTEL Vice President 226232 4800 27258 40170 298460 K DRUCQUER-DUFF Vice President 225942 10000 25781 28998 290721 M SHAVER CFO 174677 3500 19501 9791 207469 P KHOSLA TTEE/CHANCELLOR 400844 25693 13044 45219 33643 518443 S RELYEA FORMER PRES. 292564 13589 32856 19987 358996 Part III, Additional Information COMPENSATION FROM RELATED ORGANIZATIONS:PURSUANT TO THE INSTRUCTIONS FOR FORM 990, ALL COMPENSATION IS REPORTED FOR CALENDAR YEAR 2013, NOT FISCAL YEAR 2013-14. STEVE GAMER WAS APPOINTED PRESIDENT IN CALENDAR YEAR 2014. ACCORDINGLY, NO COMPENSATION IS REPORTED ON FORM 990 PART VII FOR HIM DURING CALENDAR YEAR 2013. THE UC SAN DIEGO FOUNDATION DOES NOT INDEPENDENTLY EMPLOY ANY PERSONNEL. ALL PERSONNEL PERFORMING FOUNDATION RELATED DUTIES ARE EMPLOYED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA VIA THE SAN DIEGO CAMPUS. ALL COMPENSATION, BENEFITS, AND SUBSTANTIATION OF REIMBURSEMENTS, ARE GOVERNED BY WRITTEN REGENTIAL POLICIES. FOUNDATION PERSONNEL ADHERE TO ALL SUCH POLICIES.PART I QUESTIONS REGARDING COMPENSATIONALL COMPENSATION AND BENEFITS OF ALL UNIVERSITY OF CALIFORNIA PERSONNEL, INCLUDING THOSE PERFORMING UC SAN DIEGO FOUNDATION RELATED WORK ARE DETERMINED BY WRITTEN UNIVERSITY OF CALIFORNIA AND UC SAN DIEGO CAMPUS POLICIES. ALL EXPENDITURES, REIMBURSEMENTS AND OTHER PAYMENTS ARE INCURRED BY THE CAMPUS AND NOT BY THE FOUNDATION DIRECTLY, PURSUANT TO WRITTEN POLICIES.LINE 1A: UNIVERSITY OF CALIFORNIA AND UC SAN DIEGO POLICIES DO NOT PERMIT THE ITEMS LISTED IN 1A TO BE PAID UNLESS BY A SPECIFIC EXCEPTION PROCESS. HOUSING IS PROVIDED BY THE CAMPUSES FOR CHANCELLORS.LINE 2: BY UNIVERSITY OF CALIFORNIA /UC SAN DIEGO POLICY ALL EXPENSE REIMBURSEMENTS TO ANY EMPLOYEE, OFFICER OR DIRECTOR MUST BE SUBSTANTIATED.LINE 3: THE COMPENSATION OF THE CEO AND SIMILAR LEVEL POSITIONS AT UC SAN DIEGO ARE DETERMINED BY UNIVERSITY OF CALIFORNIA POLICY AND BY THE APPROVAL OF THE REGENTS AS NECESSARY.LINE 4: NO ONE LISTED ON FORM 990, PART VII, SECTION A RECEIVED ANY OF THE PAYMENTS LISTED IN LINES 4A-C. LINES 5,6,7: COMPENSATION IS NOT PAID BY UC SAN DIEGO BASED ON REVENUE OR NET EARNINGS OF EITHER THE FOUNDATION OR THE CAMPUS IN ANY MANNER.LINE 8: NO PAYMENTS WERE MADE RELATED TO THIS REGULATION SECTION.It is a condition of employment that Chancellors live in University owned or provided Housing. The value of THE CHANCELLOR'S housing is not included as a part of taxable compensation. SEE ADDITIONAL SUPPLEMENTAL INFORMATION REGARDING COMPENSATION ON SCHEDULE O X 84 6281206 FMV RAFFLE/AUCTION 15 18888 ESTIMATED FMV PLANNED GIFTS 3 6247134 MATURITY VALUE false true false Form 990, Part VI, Line 11b: Form 990 Review Process THIS 990 FORM WAS REVIEWED BY THE AUDIT COMMITTEE OF THE FOUNDATION'S BOARD. DURING SUCH REVIEW, THE COMMITTEE HAD THE OPPORTUNITY TO ASK QUESTIONS OF ACCOUNTING STAFF AND THE CPA PREPARING THE RETURN. THE FORM 990 WAS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE UC SAN DIEGO FOUNDATION REQUIRES A CONFLICT OF INTEREST CERTIFICATION FORM FROM EACH TRUSTEE ANNUALLY WHICH DISCLOSES POTENTIAL CONFLICTS OR LACK THEREOF. THE REPLIES ARE REVIEWED BY THE CORPORATE SECRETARY AND CHIEF FINANCIAL OFFICER. IF A CONFLICT DOES EXIST, THE IMPACTED TRUSTEE RECUSES THEMSELVES FROM VOTING ON THAT MATTER.DR. KEN KRONER, A TRUSTEE OF THE FOUNDATION AND CHAIR OF THE FOUNDATIONS INVESTMENT COMMITTEE, IS EMPLOYED BY BLACKROCK INC AS A PRINCIPAL IN THE MANAGEMENT OF THE FIRM. THE FOUNDATION HAS HAD LONGSTANDING INVESTMENTS IN VARIOUS BLACKROCK PRODUCTS. THE DECISION TO RETAIN AND INVEST IN BLACKROCK PRODUCTS IS DETERMINED BY THE INVESTMENT COMMITTEE OF THE FOUNDATION, AND THE FOUNDATIONS INVESTMENT IN THESE PRODUCTS IS HIGHLY IMMATERIAL TO BLACKROCK AS WHOLE. THE FOUNDATION IS GUIDED BY AN INDEPENDENT INVESTMENT CONSULTANT AND MR. KRONER RECUSES HIMSELF FROM ANY DECISIONS RELATED TO THE PURCHASE OR SALE OF THESE HOLDINGS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees COMPENSATION REVIEW IS DONE BY THE UNIVERSITY OF CALIFORNIA REGENTS AND/OR BY THE UC SAN DIEGO CAMPUS IN ACCORDANCE WITH CAMPUS POLICIES AND CLASSIFICATION GUIDELINES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, BYLAWS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. Other Changes In Net Assets Or Fund Balances - Other Decreases ACTUARIAL LIABILITY ADJUSTMENT = -$1138060 EXPLANATORY INFORMATION RELATED TO UCSD FOUNDATION STRUCTURE THE UC SAN DIEGO FOUNDATION IS ORGANIZED AND OPERATED SOLELY FOR THE SUPPORT OF THE UNIVERSITY OF CALIFORNIA, SAN DIEGO CAMPUS.EMPLOYEES, SALARY AND BENEFITSALL COMPENSATION REPORTED IN THE FORM 990 AND SUPPORTING SCHEDULES IS ON A CALENDAR YEAR BASIS PURSUANT TO THE INSTRUCTIONS TO FORM 990.ALL UC SAN DIEGO FOUNDATION STAFF ARE EMPLOYEES OF THE UNIVERSITY OF CALIFORNIA AND RECEIVE SALARY AND BENEFITS FROM THE UNIVERSITY. ALL COMPENSATED INDIVIDUALS LISTED IN PART VII OF THE FORM 990 ARE FULL TIME EMPLOYEES OF THE UNIVERSITY. THE HOURS DISCLOSED ARE THE ESTIMATED HOURS THE EMPLOYEE SPENDS SOLELY ON FOUNDATION BUSINESS. UC SAN DIEGO FOUNDATION EMPLOYEES ARE ALSO ELIGIBLE TO PARTICIPATE IN THE UC RETIREMENT 403(B) AND 457(B) PLANS WHICH ARE MANAGED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA. CONTRIBUTION REVENUETHE UC SAN DIEGO FOUNDATION SOLICITS GIFTS IN CONJUNCTION WITH THE DEVELOPMENT OFFICE OF THE UC SAN DIEGO CAMPUS, ITS FACULTY, AND ITS VOLUNTEERS. THE UC SAN DIEGO FOUNDATION IS THE PRIMARY RECIPIENT OF DONATIONS RECEIVED TO SUPPORT UC SAN DIEGO. GIFTS PROCESSED BY THE UC SAN DIEGO FOUNDATION INCLUDE 100% TAX DEDUCTIBLE DONATIONS PLUS MEMBERSHIP AND SPECIAL EVENT PROCEEDS IN WHICH A PORTION OF THE CONTRIBUTIONS RECEIVED MAY INCLUDE QUID PRO QUO ITEMS. THE FOUNDATION DISCLOSES THE VALUE OF ANY BENEFITS RETURNED TO DONORS FOR THEIR CONTRIBUTIONS BOTH AT THE TIME OF SOLICITATION AND ON THE GIFT RECEIPT. FORM 990 PART III LINE 4C AND PART IX LINE 24D OPERATING EXPENSES THE TOTAL UC SAN DIEGO FOUNDATION OPERATING COSTS, INCLUDING IMPUTED FACILITY COSTS, ARE SHOWN ON SCHEDULE A PART II SECTION A LINE 3. THE UC SAN DIEGO FOUNDATION'S OPERATING COSTS, SPACE AND FACILITY NEEDS ARE PROVIDED BY THE UC SAN DIEGO CAMPUS, AS ITS PRIMARY SUPPORTING ORGANIZATION IN COMPLIANCE WITH UNIVERSITY OF CALIFORNIA POLICY. THE FOUNDATION HAS AN AGREEMENT WITH THE CAMPUS TO ENSURE THAT THE CAMPUS HAS RESOURCES TO PROVIDE FOR THE FOUNDATION'S OPERATING COSTS. THE FOUNDATION GRANTS THE INVESTMENT INCOME FROM ITS CURRENT USE FUNDS TO THE CAMPUS ANNUALLY FOR THIS PURPOSE. ANY EXCESS INCOME IS USED BY THE CAMPUS TO COVER OTHER FUNDRAISING COSTS. FORM 990 PART IX LINE 1 GRANTS TO CAMPUS PER UNIVERSITY OF CALIFORNIA SYSTEM WIDE POLICIES, CONTRIBUTIONS AND ENDOWMENT PAYOUT RECEIVED BY CAMPUS FOUNDATIONS MUST BE EXPENDED FOR THE PURPOSE GIVEN DIRECTLY BY THE CAMPUS AND NOT BY THE CAMPUS FOUNDATION. ACCORDINGLY, CONTRIBUTIONS AND ENDOWMENT PAYOUT ARE TRANSFERRED TO THE UC SAN DIEGO CAMPUS AS GRANTS, WHEN REQUESTED BY THE BENEFITING CAMPUS UNIT. THE CAMPUS THEN EXPENDS THE FUNDS FOR THE PURPOSES THE GIFTS WERE GIVEN, SUCH AS SCHOLARSHIPS AND FELLOWSHIPS, RESEARCH, SPECIAL EVENT COSTS, ETC. THEREFORE, ALL EXPENDITURES OF GIFT FUNDS ARE INCURRED BY THE CAMPUS WITHIN THE UNIVERSITY'S ACCOUNTING SYSTEM AND ARE NOT REFLECTED ON THE FOUNDATION'S ACCOUNTING RECORDS. FORM 990 PART XI LINE 8 PRIOR PERIOD ADJUSTMENT DURING THE YEAR ENDED JUNE 30, 2014, IT WAS DETERMINED THAT CERTAIN GIFTS RECOGNIZED IN PRIOR YEAR'S FINANCIAL STATEMENTS SHOULD NOT HAVE BEEN RECOGNIZED UNTIL THE PERIOD IN WHICH THE ELIGIBILITY CRITERIA UNDER GASB STATEMENT NUMBER 33 HAD BEEN MET. IN THE AUDITED FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30, 2014, THE PRIOR YEAR FINANCIAL STATEMENTS WERE ADJUSTED TO REDUCE BOTH CONTRIBUTION REVENUE AND NET PLEDGES RECEIVABLE. THE CUMULATIVE EFFECT OF THE ADJUSTMENT IS REFLECTED ON LINE 8.THE ANNUAL EFFECT IS ALSO INCLUDED IN SCHEDULE A PART II SECTION A. REGENTS OF THE UNIV OF CA AT SAN DIEGO 9500 GILMAN DR MC 0940 SAN DIEGO CA 92093 956006144 PUBLIC UNIVERSITY CA 501(c)(3) 170(b)(1)(A)v N/A false RELATED CHAR REM TRUSTS 8 9500 GILMAN DRIVE LA JOLLA CA 92037 CHARITABLE TRUST CA N/A T false false true false false false false false false false false false false true true true false false false false