2026-05-18T12:12:00-04:00 2025-06-30 Baker Tilly Advisory Group LP 3 Lagoon Drive Ste 400 Redwood CIty CA 94065 990 2024-07-01 942829914 UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION % PAUL VELASKI UNIV 4154763618 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 paul velaski secretary 4154763618 2026-05-12 true true DAVID M SACARELOS P00082838 6503654646 2026-05-12 2024 2025-03-06 01:10:19Z SAMUEL HAWGOOD 2001 THE EMBARCADERO 3RD FL SAN FRANCISCO CA 94133 1573144750 false X www.ucsf.edu X 1982 CA SEE SCHEDULE 0 44 44 0 60 869172 155451 442192065 449303421 0 0 132730455 124344025 0 0 574922520 573647446 435817277 498194782 0 0 0 0 0 0 0 22342573 28672851 458159850 526867633 116762670 46779813 4297314489 4595441099 484203716 562343265 3813110773 4033097834 SEE SCHEDULE O false false 498194782 IN 2025, DISTRIBUTIONS TO UCSF AND RELATED AFFILIATES TOTALED $498 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. 2025 DISTRIBUTIONS FOR CAPITAL PROJECTS - BAKAR RESEARCH AND ACADEMIC BUILDING - TOTALED $1 MILLION. NONCAPITAL DISTRIBUTIONS SUPPORTING RESEARCH, FACULTY, INSTITUTIONAL SUPPORT, MEDICAL CENTER, TEACHING HOSPITAL, INSTRUCTION, STUDENT FINANCIAL AID AND ACADEMIC SUPPORT NEEDS TOTALED $497 MILLION. 498194782 true true false false 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 false true false false false false true true true false false true 3 0 false 0 true true false false false false false false false false false false false X 44 44 false false false false false false false true true false false true true true true true true false false true true CA X PAUL VELASKI 4154763618 2001 THE EMBARCADERO 3RD FLOOR SAN FRANCISCO CA 94133 samuel hawgood president 5.0 50.0 X 0 1066273 9921 erin hickey vice president 12.0 50.0 X 0 591656 144 erin gore treasurer 5.0 50.0 X 0 568275 15240 michael s clune former interim treasurer 0.0 50.0 X 0 394857 2368 joseph calger assistant treasurer 12.0 50.0 X 0 300378 1674 paul velaski secretary 12.0 50.0 X 0 274737 12821 John Gardner Trimble assistant secretary 12.0 50.0 X 0 248363 5482 DANA Emery BOARD CHAIR 1.0 0.0 X X 0 0 0 KENNETH HAO VICE CHAIR 1.0 0.0 X X 0 0 0 NEERAJ ARORA director 1.0 0.0 X 0 0 0 ANDREW BALLARD director 1.0 1.0 X 0 0 0 barbara bass bakar director 1.0 0.0 X 0 0 0 allison bhusri director 1.0 0.0 X 0 0 0 susan bloch 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 huifen chan director 1.0 0.0 X 0 0 0 connie chen director 1.0 0.0 X 0 0 0 mei chen director 1.0 0.0 X 0 0 0 fred cohen director 1.0 1.0 X 0 0 0 jp conte director 1.0 0.0 X 0 0 0 phyllis coulter director 1.0 0.0 X 0 0 0 william h davidow director 1.0 0.0 X 0 0 0 dipanjan deb director 1.0 0.0 X 0 0 0 stephanie dimarco director 1.0 0.0 X 0 0 0 sameer gandhi director 1.0 0.0 X 0 0 0 kathryn hall director 1.0 1.0 X 0 0 0 PHILIP HAMMARSKJOLD director 1.0 0.0 X 0 0 0 REBECCA HENDERSON director 1.0 0.0 X 0 0 0 MIKEY HOAG director 1.0 0.0 X 0 0 0 ANDRE IGUODALA director 1.0 0.0 X 0 0 0 CARL KAWAJA director 1.0 0.0 X 0 0 0 RICHARD KIMBALL director 1.0 0.0 X 0 0 0 ROGER KUO director 1.0 0.0 X 0 0 0 NELLIE LEVCHIN director 1.0 0.0 X 0 0 0 REBECCA LIN director 1.0 0.0 X 0 0 0 DIVESH MAKAN director 1.0 0.0 X 0 0 0 MEYER MALKA director 1.0 0.0 X 0 0 0 GEORGE MARCUS director 1.0 0.0 X 0 0 0 IAN MCKINNON director 1.0 1.0 X 0 0 0 DIANE MORRIS director 1.0 0.0 X 0 0 0 JOYCE NEWSTAT director 1.0 0.0 X 0 0 0 PAUL PARADIS director 1.0 0.0 X 0 0 0 CARMEN POLICY director 1.0 0.0 X 0 0 0 JACLYN SAFIER director 1.0 0.0 X 0 0 0 RUCHI SANGHVI director 1.0 0.0 X 0 0 0 LYDIA SHORENSTEIN director 1.0 0.0 X 0 0 0 SHAHAN SOGHIKIAN director 1.0 0.0 X 0 0 0 SUE TUNNELL director 1.0 0.0 X 0 0 0 ALEX WAXMAN director 1.0 0.0 X 0 0 0 JASON WERLIN director 1.0 0.0 X 0 0 0 0 3444539 47650 0 true true false Baker Tilly THREE LAGOON DRIVE SUITE 400 REDWOOD CITY CA 94065 accounting 308528 1 449303421 83884603 449303421 0 38092329 869172 37223157 0 0 0 0 0 1085749000 999497304 86251696 86251696 86251696 0 0 0 0 0 0 0 0 0 0 573647446 869172 123474853 498194782 498194782 0 0 0 0 0 0 0 0 0 0 110322 110322 349418 349418 0 0 26715040 26715040 1498071 0 1498071 0 0 0 0 0 0 0 0 0 0 0 0 0 526867633 498194782 28672851 0 0 0 210741838 197506527 742419946 631467567 0 0 0 0 0 0 0 0 0 0 0 0 0 0 281230671 317444226 3008506875 3419366168 0 0 0 0 54415159 29656611 4297314489 4595441099 0 0 0 0 24000000 24500000 0 0 18660139 18174750 0 0 0 0 0 0 441543577 519668515 484203716 562343265 X 0 0 0 0 3813110773 4033097834 3813110773 4033097834 4297314489 4595441099 46779813 173207248 X false true X true false X 564316906 599198199 1034317683 442192065 449303421 3089328274 0 0 564316906 599198199 1034317683 442192065 449303421 3089328274 950335815 2138992459 12101213 20105003 27583689 33546083 38092329 131428317 0 0 3220756591 0.66413 0.71200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 2603576116 190020295 244956032 119934531 11436086 2907181826 2374264009 177256282 176767179 113831253 10880101 2603576116 2291207196 106456752 89863759 103363986 9899712 2374264009 2435366408 132813997 -168828100 101500109 6645000 2291207196 1779820070 135851354 614147151 88707167 5745000 2435366408 0.41110 0.44560 0.14330 false true true PRIVATE EQUITIES 1344830435 F REAL ESTATE/REITS 127141228 F OTHER INVESTMENTS 277088336 F COMMINGLED EQUITY 1670306169 F 3419366168 0 OTHER LIABILITIES 192565752 FUNDS HELD FBO OTHERS 317716625 ANNUITIES PAYABLE 7817686 PAYABLE FOR INV PURCHASED 1568452 519668515 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 0 0 Investments N/A 896775051 Europe (Including Iceland and Greenland) 0 0 Investments N/A 312762709 South Asia 0 0 Investments N/A 1091487 0 0 0 0 1210629247 1210629247 true false true true true false PART I, LINES 3, COLUMN(F) TOTAL AMOUNT REPRESENTS BOOK VALUE OF INVESTMENTS. true REGENTS OF THE UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET OAKLAND CA 94607 943067788 501(C)(3) 496994377 see part iv Oakland children's hospital and research center 747 52nd st oakland CA 94609 940382330 501(C)(3) 1200405 see part iv 2 0 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 intended use. PART II, LINE 1, COLUMN (H) capital and other enterprise/programatic needs PART II, LINE 2, COLUMN (H) capital and other enterprise/programatic needs false false false false false false false false false samuel hawgood president 0 1026900 0 0 0 39373 0 0 0 9921 0 1076194 0 0 erin hickey vice president 0 590696 0 0 0 960 0 0 0 144 0 591800 0 0 paul velaski secretary 0 273737 0 1000 0 0 0 0 0 12821 0 287558 0 0 John Gardner Trimble assistant secretary 0 248363 0 0 0 0 0 0 0 5482 0 253845 0 0 erin gore treasurer 0 565273 0 0 0 3002 0 0 0 15240 0 583515 0 0 joseph calger assistant treasurer 0 299378 0 1000 0 0 0 0 0 1674 0 302052 0 0 michael s clune former interim treasurer 0 394857 0 0 0 0 0 0 0 2368 0 397225 0 0 SCHEDULE J The foundation does not have any employees. None of the listed individuals received any compensation from the filing organization. During FY25, each was an employee of the University of California, San Francisco, a related organization. X 253 83884603 FMV 0 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 2025, DISTRIBUTIONS TO UCSF AND RELATED AFFILIATES TOTALED $498 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. 2025 DISTRIBUTIONS FOR CAPITAL PROJECTS - BAKAR RESEARCH AND ACADEMIC BUILDING - TOTALED $1 MILLION. NONCAPITAL DISTRIBUTIONS SUPPORTING RESEARCH, FACULTY, INSTITUTIONAL SUPPORT, MEDICAL CENTER, TEACHING HOSPITAL, INSTRUCTION, STUDENT FINANCIAL AID AND ACADEMIC SUPPORT NEEDS TOTALED $497 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, Risk Management and Compliance Committee, then distributed to the Board of Directors for review and questions 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, discusses with senior management as appropriate and reviewed with the Audit, Risk Management and Compliance Committee of the Board. 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 FY25, 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. 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 601 california street ste 801 San Francisco CA 94108 473599471 See Part VII CA 501(c)(3) 12a UCSF Fdn true truebridge capital venture partners llc 1011 hamilton rd 400 chapel hill NC 27517 823629417 investments NC ucsf FOUNDATION excluded -2167592 85999073 false 0 false 0.99680 Charitable Remainder Trusts (32) CA Various Trust Pooled Income Fund (1) CA Various Trust false true false false false false false false false true false true true true false true false true Charitable Remainder Trusts (4) S 1328706 FMV UCSF FOUNDATION INVESTMENT COMPANY M 7065100 FMV truebridge capital venture partners llc s 4026973 fmv truebridge capital venture partners llc B 4101496 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 HAMILTON RD #400, CHAPEL HILL, NC 27517