2021-05-17T17:37:56-05:00 2020-06-30 SEILER LLP THREE LAGOON DR STE 400 REDWOOD CITY CA 94065 990 2019-07-01 942829914 UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION % PAUL VELASKI UNIV 4154763618 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 PAUL VELASKI CFO 4154763618 2021-05-15 true DAVID M SACARELOS P00082838 6503654646 2019 2022-09-23 18:48:47Z X SAMUEL HAWGOOD 2001 the embarcadero 3rd fl SAN FRANCISCO CA 94133 982300984 false X www.ucsf.edu X 1982 CA SEE SCHEDULE 0 36 35 0 60 -2740136 -2740136 364307068 518640064 0 0 16169103 56974189 -1833 0 380474338 575614253 337159274 405263615 0 0 0 0 0 0 0 10269437 12767648 347428711 418031263 33045627 157582990 2304662869 2557473942 349157902 406781295 1955504967 2150692647 SEE SCHEDULE O false false 405263615 IN 2020, DISTRIBUTIONS TO UCSF AND RELATED AFFILIATES TOTALED $405 MILLION. DISTRIBUTIONS ARE BASED ON UCSF'S PROGRAMMATIC NEEDS, SUBJECT TO GIFT RESTRICTIONS AND THE FUNDS AVAILABLE IN ANY PARTICULAR YEAR. THEY INCLUDE TRANSFERS OF GIFTS INTENDED TO FUND CAPITAL PROJECTS, GIFTS FOR OTHER PURPOSES, AND ENDOWMENT INCOME. 2020 DISTRIBUTIONS FOR CAPITAL PROJECTS - INCLUDING CENTER FOR VISION NEUROSCIENCE BUILDING, WEILL NEUROSCIENCE BUILDING, PRECISION CANCER MEDICINE BUILDING, THE MISSION BAY HOSPITAL COMPLEX, SANDLER NEUROSCIENCES CENTER, MARSON LAB, ZUCKERBERG SAN FRANCISCO GENERAL AND 2130 THIRD STREET DEPARTMENT OF PSYCHIATRY BUILDING - TOTALED $52 MILLION. NONCAPITAL DISTRIBUTIONS SUPPORTING RESEARCH, FACULTY, INSTITUTIONAL SUPPORT, MEDICAL CENTER, TEACHING HOSPITAL AND INSTRUCTION NEEDS TOTALED $353 MILLION. 405263615 true true false true false false false false true true false true false false true false false true false false true false false false false false false true false true false false false false false false false true true false false false false true true false false false true 9 0 false 0 true true false false false false false false false false false false false X 36 35 true false true false false false false true true false false true true true true true true false false false CA X PAUL VELASKI 4154763618 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 SAMUEL HAWGOOD PRESIDENT 5.0 50.0 X 0 899131 29768 JENNIFER ARNETT VICE PRESIDENT 12.0 50.0 X 0 508099 18536 PAUL JENNY TREASURER 5.0 50.0 X 0 407193 5548 KAUSHAL SHAH ASSISTANT TREASURER 12.0 50.0 X 0 222254 35718 JOHN GARDNER TRIMBLE ASSISTANT SECRETARY 12.0 50.0 X 0 209045 24855 JOHN STEPHENS DOWNS SECRETARY 12.0 50.0 X 0 124484 12060 JOHN FORD VICE PRESIDENT 12.0 50.0 X 0 100535 0 ARTHUR KERN BOARD VICE CHAIR 1.0 0.0 X X 0 0 0 WILLIAM E OBERNDORF BOARD CHAIR 1.0 1.0 X X 0 0 0 ANDREW ACH DIRECTOR 1.0 1.0 X 0 0 0 BARBARA BASS BAKAR DIRECTOR 1.0 0.0 X 0 0 0 ANDREW BALLARD DIRECTOR 1.0 0.0 X 0 0 0 NANCY HELLMAN BECHTLE DIRECTOR 1.0 0.0 X 0 0 0 LYNNE BENIOFF DIRECTOR 1.0 0.0 X 0 0 0 PETER BRIGER DIRECTOR 1.0 0.0 X 0 0 0 TODD CARTER DIRECTOR 1.0 0.0 X 0 0 0 CONNIE CHEN DIRECTOR 1.0 0.0 X 0 0 0 FRED COHEN DIRECTOR 1.0 1.0 X 0 0 0 WILLIAM H DAVIDOW DIRECTOR 1.0 0.0 X 0 0 0 DIPANJAN DEB DIRECTOR 1.0 1.0 X 0 0 0 ROBIN RICHARDS DONOHOE DIRECTOR 1.0 0.0 X 0 0 0 DANA EMERY DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM S FISHER DIRECTOR 1.0 0.0 X 0 0 0 SAMEER GANDHI DIRECTOR 1.0 1.0 X 0 0 0 BRIAN GROSSMAN DIRECTOR 1.0 0.0 X 0 0 0 KATHRYN HALL DIRECTOR 1.0 0.0 X 0 0 0 PHILIP HAMMARSKJOLD DIRECTOR 1.0 0.0 X 0 0 0 KENNETH HAO DIRECTOR 1.0 0.0 X 0 0 0 JULIA HARTZ DIRECTOR 1.0 0.0 X 0 0 0 CARL KAWAJA DIRECTOR 1.0 0.0 X 0 0 0 RICK KIMBALL DIRECTOR 1.0 0.0 X 0 0 0 GEORGE MARCUS DIRECTOR 1.0 0.0 X 0 0 0 AMY MCKNIGHT DIRECTOR 1.0 0.0 X 0 0 0 JASON MOMENT DIRECTOR 1.0 0.0 X 0 0 0 DIANE MORRIS DIRECTOR 1.0 0.0 X 0 0 0 CARMEN POLICY DIRECTOR 1.0 0.0 X 0 0 0 LISA PRITZKER DIRECTOR 1.0 0.0 X 0 0 0 STEVEN READ DIRECTOR 1.0 0.0 X 0 0 0 RICHARD M ROSENBERG DIRECTOR 1.0 0.0 X 0 0 0 JACLYN SAFIER DIRECTOR 1.0 0.0 X 0 0 0 GEORGE SCANGOS DIRECTOR 1.0 0.0 X 0 0 0 SHAHAN SOGOHKIAN DIRECTOR 1.0 0.0 X 0 0 0 JOAN WEILL DIRECTOR 1.0 0.0 X 0 0 0 0 2470741 126485 0 true true false ADVISORY RESEARCH 180 N STETSON AVE STE 5500 CHICAGO IL 60601 INV. MANAGEMENT 330828 FOCUSED INVESTORS 9777 WILSHIRE BLVD SUITE 910 BEVERLY HILLS CA 90212 INV. MANAGEMENT 291844 BRIGHTSTAR CAPITAL 650 FIFTH ST 29TH FLOOR NEW YORK NY 10019 INV. MANAGEMENT 286544 SEILER LLP THREE LAGOON DRIVE SUITE 400 REDWOOD CITY CA 94065 ACCOUNTING SERVICES 111335 COLONIAL CONSULTING LLC 750 THIRD AVENUE NEW YORK NY 10017 CONSULTING SERVICES 100000 9 518640064 99968109 518640064 0 14537920 -2740136 17278056 0 0 0 0 0 449123000 406686731 42436269 42436269 42436269 0 0 0 0 0 0 0 0 0 0 575614253 -2740136 59714325 405263615 405263615 0 0 0 0 0 0 0 0 0 0 110904 110904 114950 114950 0 0 10962921 10962921 1578873 0 1578873 0 0 0 0 0 0 0 0 0 0 0 0 0 418031263 405263615 12767648 0 0 0 383770813 275654104 90166284 60067648 0 0 0 0 0 0 0 0 0 0 0 0 0 0 375777141 392925203 1434208881 1786632902 0 0 0 0 20739750 42194085 2304662869 2557473942 0 0 0 0 1500953 0 0 0 18239631 16751365 0 0 0 0 0 0 329417318 390029930 349157902 406781295 X 0 0 0 0 1955504967 2150692647 1955504967 2150692647 2304662869 2557473942 157582990 37604690 X false true X true false X 220051429 197815204 459384292 364307068 518640064 1760198057 0 0 220051429 197815204 459384292 364307068 518640064 1760198057 425376637 1334821420 18132274 30784277 34205426 19659409 14537920 117319306 0 0 1877517363 0.71095 0.75390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 200000 false false false 200000 false SCHEDULE C, PART II-B A GRANT WAS MADE TO CALIFORNIA COALITION FOR PUBLIC HIGHER EDUCATION ISSUES COMMITTEE false true 1602091541 184203962 78860040 79885473 5450000 1779820070 1432799187 169666191 72840273 68269110 4945000 1602091541 1088502562 289539860 112077861 57321096 1432799187 958384508 47525361 132289091 49696398 1088502562 947825866 93644538 -42722570 39788326 575000 958384508 0.38970 0.50980 0.10050 false true true PRIVATE EQUITIES 497377813 F REAL ESTATE/REITS 88784150 F OTHER INVESTMENTS 4270437 F COMMINGLED EQUITY 1196200502 F 1786632902 0 OTHER LIABILITIES 51332039 FUNDS HELD FOR BENEFIT OF OTHE 266945457 ANNUITIES PAYABLE 8033993 PAYABLE FOR INVESTMENTS PURCHA 12448007 INTER-UNIT PAYABLE 51270434 390029930 SCHEDULE D, PART IV, LINE 2B THE ORGANIZATION SERVES AS TRUSTEE FOR CHARITABLE REMAINDER TRUSTS. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT EXISTS EXCLUSIVELY TO SUPPORT THE ACTIVITIES OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO. Central America and the Caribbean Investments N/A 658623785 Europe (Including Iceland and Greenland) Investments N/A 92241330 Asia Investments N/A 85732413 836597528 836597528 true false true true true false PART I, LINES 3, COLUMN(F) TOTAL AMOUNT REPRESENTS BOOK VALUE OF INVESTMENTS. false REGENTS OF THE UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET OAKLAND CA 94607 943067788 501(C)(3) 404253411 see part iv Oakland children's hospital and research center 747 52nd st oakland CA 94609 940382330 501(C)(3) 1010204 see part iv CALIFORNIA COALITION FOR PUBLIC HIGHER EDUCATION 638 LINDERO CANYON RD OAK PARK CA 91377 452426122 501(C)(4) 200000 SEE PART IV 2 1 PART I, LINE 2 GRANTS AND ALLOCATIONS ====================== All contributions received by the Foundation are granted to the regents of the University of California, exclusively for the benefit of the University of California, San Francisco (UCSF). The Regents of the University of California assumes responsibility for monitoring its grants to ensure that such grants are used for proper purposes and are not otherwise diverted from its inteneded use. PART II, LINE 1, COLUMN (H) capital and other enterprise/programmatic needs PART II, LINE 2, COLUMN (H) capital and other enterprise/programmatic needs PART II, LINE 3, COLUMN (H) TO SUPPORT POSITIONS ON POLICY ISSUES THAT AFFECT CALIFORNIA'S UNIVERSITY AND COMMUNITY COLLEGE SYSTEMS. false false false false false false false false false JENNIFER ARNETT VICE PRESIDENT 0 496975 0 0 0 11124 0 0 0 18536 0 526635 0 0 JOHN STEPHENS DOWNS SECRETARY 0 82863 0 0 0 41621 0 0 0 12060 0 136544 0 0 JOHN FORD VICE PRESIDENT 0 100535 0 0 0 0 0 0 0 0 0 100535 0 0 SAMUEL HAWGOOD PRESIDENT 0 878023 0 0 0 21108 0 0 0 29768 0 928899 0 0 PAUL JENNY TREASURER 0 405045 0 0 0 2148 0 0 0 5548 0 412741 0 0 KAUSHAL SHAH ASSISTANT TREASURER 0 222254 0 0 0 0 0 0 0 35718 0 257972 0 0 JOHN GARDNER TRIMBLE ASSISTANT SECRETARY 0 209045 0 0 0 0 0 0 0 24855 0 233900 0 0 SCHEDULE J The foundation does not have any employees. None of the listed individuals received any compensation from the filing organization. During FY20, each was an employee of the University of California, San Francisco, a related organization. ROUTE ONE INVESTMENT COMPANY DIRECTOR - EQUITY MEMBER 2149881 INVESTMENT MANAGEMENT FEES false ROUTE ONE INVESTMENT COMPANY DIRECTOR - EQUITY MEMBER 13667000 INVESTMENT CONTRIBUTION false SCHEDULE L, PART IV A DIRECTOR IS A PORTFOLIO MANAGER AT AN INVESTMENT COMPANY AND HAS A 35% INTEREST IN THAT COMPANY. THE INVESTMENT COMPANY MANAGES INVESTMENTS ON BEHALF OF THE UCSF FOUNDATION. THE DIRECTOR RECUSES HIMSELF FROM ALL DISCUSSIONS AND VOTING RELATED TO THE COMPANY. X 326 99968109 FMV 2 false true true SCHEDULE M, Column B The organization is reporting the number of contributions. SCHEDULE M, LINE 32 THE FOUNDATION USES A BANK OR OTHER FINANCIAL INSTITUTION TO FACILITATE THE SALE OF PUBLICLY TRADED STOCK. THE FOUNDATION ALSO UTILIZES THE SERVICES OF THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO TO ASSIST WITH THE SOLICITATION AND PROCESSING OF NON-CASH GIFTS. FORM 990, PART I, LINE 1 AND PART III, LINE 1 Organization's Mission ====================== The University of California, San Francisco(UCSF) is among the world's leading universities dedicated to advancing health worldwide through biomedical research, graduate-level education in the life sciences and health professions, and excellent patient care. The UCSF Foundation and its volunteer Board of Directors support UCSF's core mission by raising private funds for the University. UCSF is devoted at every level to serving the public in San Francisco and beyond. It delivers a substantial national and global impact by training the next generation of scientists and health care professionals, conducting breakthrough research, translating scientific discoveries into exceptional care, and making health advances more accessible to vulnerable populations. Gifts from private donors keep UCSF among the top health-science universities in the world by enabling the University to attract and retain top faculty members and students, funding research that leads to groundbreaking discoveries, and supporting the delivery of world-class,compassionate care. The University of California, San Francisco Foundation (The Foundation) encourages and manages individual, corporate, and foundation gifts to all UCSF schools and programs, and together with UCSF, ensures that gifts are used in strict accordance with donors' wishes. Accomplishments =============== In 2020, distributions to UCSF and related affiliates totaled $405 million. Distributions are based on UCSF's programmatic needs, subject to gift restrictions and the funds available in any particular year. They include transfers of gifts intended to fund capital projects, gifts for other purposes, and endowment income. 2020 distributions for capital projects - including Center for Vision Neuroscience building, Weill Neuroscience Building, Precision Cancer Medicine Building, the Mission Bay hospital complex, Sandler Neurosciences Center, Marson Lab, Zuckerberg San Francisco General and 2130 Third Street Department of Psychiatry Building - totaled $52 million. Noncapital distributions supporting research, faculty, institutional support, medical center, teaching hospital and instruction needs totaled $353 million. Form 990, Part I, Line 6 total number of volunteers ===================== Board members serve on a voluntary basis. Form 990, part iv, line 35a ===================== Various charitable remainder trusts were controlled entities of the filing organization under section 512(B)(13). These charitable remainder trusts were reported on schedule R, part IV. form 990, part vi, Section B, Line 11 FORM 990 REVIEW PROCESS ===================== The Form 990 was prepared with the assistance of a paid preparer. The Foundation's Form 990 is reviewed by the Audit Committee, and made available to the Board of Directors for review prior to filing. The non-public Schedule B is reviewed by UCSF's Chancellor, UCSF's Vice Chancellor for Development, and the Chair of the Foundation's Board of Directors. Form 990, Part VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ===================== The Board and Officers of the Foundation are subject to conflict of interest policies established by the Regents of the University of California under the constitution and laws of the State of California. In addition, Officers and Directors are required to respond to an annual conflict of interest questionnaire. The secretary reviews the questionnaires and discusses with senior management and the audit compliance and risk management committee chair as appropriate. Depending on the nature of the conflict, the individual will be asked to recuse themselves from discussions and/or abstain from voting. Form 990, Part VI, SECTION B, LINE 15 COMPENSATION POLICY =================== The Foundation does not have any employees. None of the listed individuals received any compensation from the filing organization. During FY20, each was an employee of the University of California San Francisco, a related organization. Form 990, part VI, Section C, Line 19 AVAILABILITY OF DOCUMENTS ========================= THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION's GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY PROMULGATED BY THE REGENTS OF CALIFORNIA ARE AVAILABLE ON THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO'S WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 16B ===================== While there is no written policy regarding review of arrangements with taxable entities, prior to entering into such agreements the foundation engages the services of legal counsel to review the agreements, in part to ensure that the agreements are consistent with the foundation's mission and would not jeopardize the foundation's tax exempt status. Form 990, Part VI, Section A, Line 2 Family Relationship =================== Doris Fisher & William Fisher - Mother & Son FORM 990, PART IV, LINE 4 CHANGES TO THE BYLAW ========================================================================== THE FOLLOWING CHANGES WERE MADE TO THE BYLAW: -BOARD OF OVERSEERS CHANGED TO BOARD OF DIRECTORS THROUGHOUT THE DOCUMENT. -TERM LIMITS REDUCED FROM NINE YEARS TO SIX (THREE/THREE-YEAR TERMS TO TWO/THREE-YEAR TERMS). -ADDED LANGUAGE ON REMOVAL OF A BOARD MEMBER FOR CAUSE. -UPDATED LANGUAGE ON USE OF ELECTRONIC MEETINGS OF THE BOARD. -Added section that gives the Board Chair the right, in consultation with committee chairs to appoint all Board or advisory Committee Chairs and Members of each committee. -Modified the make-up of the Executive Committee of the Board and their role. -Renamed the Audit Committee to be Audit, Compliance and Risk Management Committee. -Updated the roles and responsibilities of the Nominating and Governance Committee. -Clarified language regarding the Executive Committees role in nominating the Chair and Vice Chair. -Updated the roles and responsibilities of all officers and clarified which staff would fill those roles. UNIVERSITY OF CALIFORNIA SAN FRANCISCO 1111 FRANKLIN ST OAKLAND CA 94607 943067788 HIGHER ED CA 501(c)(3) 6 CA Govt false UCSF Family House 50 irving street san francisco CA 94122 942722663 SEE PART VII CA 501(c)(3) 6 NA false Oakland Children's Hospital and Research 747 52nd st oakland CA 94609 940382330 hospital CA 501(c)(3) 6 CA Govt false UCSF Foundation Investment Company 220 Montgomery street 5th Floor San Francisco CA 94104 473599471 See Part VII CA 501(c)(3) 11a UCSF Fdn true truebridge capital venture partners llc 1011 hamilton rd 400 chapel hill NC 27517 823629417 investments NC ucsf FOUNDATION EXCLUDED 1280619 53485387 false 0 false 0.99750 Charitable Remainder Trusts (40) CA Various Trust Pooled Income Fund (2) CA Various Trust false true false false false false false false false true false true true true false true false true UCSF FOUNDATION INVESTMENT COMPANY M 5450000 FMV truebridge capital venture partners llc S 3811150 FMV CHARITABLE REMAINDER TRUSTS (9) S 1410442 FMV Part II, line 4(b) Investment management services part II, line 2(B) TEMPORARY LODGING FOR PATIENTS AND THEIR FAMILIES part III, line 1(a) LIMITED PARTNERSHIP INTEREST IN: TRUEBRIDGE CAPITAL VENTURE PARTNERS LLC, 82-3629417 1011 SOUTH HAMILTON RD #400, CHAPEL HILL, NC 27517