2024-04-05T09:21:36-05:00 2023-06-30 PwC US Tax LLP 2001 MARKET ST STE 1800 PHILADELPHIA PA 19103 990 2022-07-01 952872494 UC SAN DIEGO FOUNDATION % C CHASE UCSA 8585341032 9500 GILMAN DRIVE 0940 LA JOLLA CA 920930940 C CHASE CFO 8585341032 2024-04-03 true C CHASE 999009999 ERICA R MCREYNOLDS P00977806 2673303000 2024-03-20 2 2022 2023-04-26 12:10:37Z C CHASE 9500 GILMAN DRIVE 0940 LA JOLLA CA 920930940 452610454 false X FOUNDATION.UCSD.EDU X 1972 CA TO ADVOCATE AND RAISE PRIVATE SUPPORT FOR THE UNIVERSITY OF CALIFORNIA SAN DIEGO, FOR THE PURPOSE OF ITS RESEARCH, TEACHING AND PUBLIC SERVICE MISSION. 47 44 0 44 34142 4519 196118350 184299814 116139 42217 20094773 32729152 103327 274589 216432589 217345772 125294984 168607575 0 0 0 0 0 0 0 988871 110712 126283855 168718287 90148734 48627485 1588268165 1737799751 109807323 107332912 1478460842 1630466839 THE MISSION OF THE UC SAN DIEGO FOUNDATION IS TO ADVOCATE AND RAISE PRIVATE SUPPORT FOR THE UNIVERSITY OF CALIFORNIA SAN DIEGO, FOR THE PURPOSE OF ITS RESEARCH, TEACHING AND PUBLIC SERVICE MISSION. false false 157115549 157115549 42217 GRANTS IN SUPPORT OF PROGRAMS OF THE UNIVERSITY OF CALIFORNIA, SAN DIEGO: $74,842,304 FOR RESEARCH RELATED FACULTY SUPPORT, $58,748,955 FOR GENERAL DEPARTMENT SUPPORT, $16,531,363 FOR STUDENT AID, $5,689,974 FOR CAPITAL PROJECT CONSTRUCTION, $1,302,953 FOR PATIENT CARE. 11492026 11492026 0 INVESTMENT EARNINGS PROVIDED TO SUPPORT UC SAN DIEGO FOUNDATION'S OPERATING COSTS, AS WELL AS OTHER FUNDRAISING COSTS, BOTH INCURRED BY THE CAMPUS. 168607575 true true false false false false false false true true false true false false true false true true false false true false false false true false false true false true false false false false false false false false true false false false false true false false false true 3 0 true 0 true true false false false false true true true 3 false false false false false X 47 44 true false false false false false false true true false false true true true true true true false false false CA X X X C CHASE 8585341032 9500 GILMAN DR MC 0940 LA JOLLA CA 920930940 X P KHOSLA CHANCELLOR & PRESIDENT 1.0 39.0 X X 0 605075 99295 A SPIRA EXECUTIVE VICE PRESIDENT 10.0 30.0 X X 0 392638 118260 M CRUZ VICE PRESIDENT 10.0 30.0 X 0 349835 101026 D HUNSINGER VICE PRESIDENT 10.0 30.0 X 0 345648 61196 M SHAVER CFO (THROUGH 6/9/23) 30.0 10.0 X 0 274528 73247 C CHASE CFO (EFFECTIVE 6/9/23) 30.0 10.0 X 0 198349 58778 KSYKES CONTROLLER 40.0 0.0 X 0 148850 59755 A SHERMAN CORPORATE SECRETARY 40.0 0.0 X 0 101760 37528 S RECK-PETERSON TRUSTEE/FACULTY REPRESENTATIVE 1.0 39.0 X 0 30000 0 T HALICIOGLU TRUSTEE/LECTURER 1.0 0.0 X 0 223 0 J SILBERMAN CHAIR 2.0 0.0 X X 0 0 0 S HART IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 L SPIEGEL CHAIR ELECT 1.0 0.0 X X 0 0 0 S TIMMONS VICE CHAIR 1.0 0.0 X X 0 0 0 P THOROGOOD TREASURER 1.0 0.0 X X 0 0 0 D BRONSTON-CULP TRUSTEE 1.0 0.0 X 0 0 0 A CHEDRICK TRUSTEE 1.0 0.0 X 0 0 0 U DAVIS TRUSTEE 1.0 0.0 X 0 0 0 N EAST TRUSTEE 1.0 0.0 X 0 0 0 P EPSTEIN TRUSTEE 1.0 0.0 X 0 0 0 M FARRELL TRUSTEE 1.0 0.0 X 0 0 0 B GILBERT TRUSTEE 1.0 0.0 X 0 0 0 M GLEIBERMAN TRUSTEE 1.0 0.0 X 0 0 0 A GRILLO-LOPEZ TRUSTEE 1.0 0.0 X 0 0 0 L HERSHFIELD TRUSTEE 1.0 0.0 X 0 0 0 G JACOBS TRUSTEE 1.0 0.0 X 0 0 0 S JAMIESON TRUSTEE 1.0 0.0 X 0 0 0 W JONES TRUSTEE 1.0 0.0 X 0 0 0 J KRALIK TRUSTEE 1.0 0.0 X 0 0 0 W KWOK TRUSTEE 1.0 0.0 X 0 0 0 J LAWRENCE TRUSTEE 1.0 0.0 X 0 0 0 W LEE TRUSTEE 1.0 0.0 X 0 0 0 S LEW TRUSTEE 1.0 0.0 X 0 0 0 G MANRIQUEZ TRUSTEE 1.0 0.0 X 0 0 0 R MARREN TRUSTEE 1.0 0.0 X 0 0 0 J MOFFATT TRUSTEE 1.0 0.0 X 0 0 0 M NEWSOME TRUSTEE 1.0 0.0 X 0 0 0 D OLIVER TRUSTEE 1.0 0.0 X 0 0 0 J ONG TRUSTEE 1.0 0.0 X 0 0 0 P PALISOUL TRUSTEE 1.0 0.0 X 0 0 0 G PAPADOPOULOS TRUSTEE 1.0 0.0 X 0 0 0 R PASTOR TRUSTEE 1.0 0.0 X 0 0 0 B POWERS TRUSTEE 1.0 0.0 X 0 0 0 H RADY TRUSTEE 1.0 0.0 X 0 0 0 A REED TRUSTEE 1.0 0.0 X 0 0 0 L SCHENK TRUSTEE 1.0 0.0 X 0 0 0 D SENYEI TRUSTEE 1.0 0.0 X 0 0 0 M SHAH TRUSTEE 1.0 0.0 X 0 0 0 S STRACHAN TRUSTEE 1.0 0.0 X 0 0 0 S WOLFE TRUSTEE 1.0 0.0 X 0 0 0 S WONGAVERY TRUSTEE 1.0 0.0 X 0 0 0 P YEH TRUSTEE 1.0 0.0 X 0 0 0 A ZOLLAR TRUSTEE 1.0 0.0 X 0 0 0 0 2446906 609085 0 false true false 0 1671355 182628459 28141035 184299814 MEMBERSHIP INCOME 900099 42217 42217 0 0 42217 22872775 34142 22838633 0 0 0 0 0 245121059 235264682 9856377 9856377 9856377 263769 1671355 0 263769 263769 10820 0 10820 10820 0 0 0 0 217345772 42217 34142 32969599 168607575 168607575 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 BANK CHARGES 210113 0 210113 0 INVESTMENT FEES -208697 0 -208697 0 SPLIT-INTEREST FEES 48837 0 48837 0 LEGAL EXPENSES 44848 0 44848 0 15611 15611 168718287 168607575 110712 0 0 0 7191620 339224 80163165 63822231 0 0 0 0 0 0 0 0 0 0 0 0 0 0 378135401 445425038 1062954386 1171383535 1783169 2153169 0 0 58040424 54676554 1588268165 1737799751 181472 747986 0 0 34925000 34925000 0 0 13149449 13601404 0 0 0 0 0 0 61551402 58058522 109807323 107332912 X 0 0 0 0 1478460842 1630466839 1478460842 1630466839 1588268165 1737799751 X 48627485 103317664 60848 X false true X true false X 89406173 142979663 180342312 196118350 184299814 793146312 0 1409992 1165868 1272230 1866388 1617538 7332016 90816165 144145531 181614542 197984738 185917352 800478328 9232594 791245734 11731172 10558739 10710803 9927391 22838633 65766738 24931 152064 -207 41464 34142 252394 447692 279720 46313 103327 274589 1151641 867649101 0.91194 0.91093 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 1221529634 84350774 127381210 47044513 53701 1386163404 1290705714 77668484 -106414604 40384279 45681 1221529634 916652419 84599071 315565766 26108580 2962 1290705714 820562817 92396452 43942729 40252412 -2833 916652419 765319881 34531188 52187489 31472556 3185 820562817 0.02000 0.78900 0.19100 false false BALANCED INVESTMENT FUNDS 948510565 F SHORT TERM INVESTMENTS 216644442 F REAL ESTATE INVESTMENT FUNDS 6228528 F 1171383535 0 DEFERRED INFLOWS 58058522 58058522 320722868 103317664 59432 103377096 217345772 217345772 168716871 168716871 -208697 210113 1416 168718287 PART IV, LINE 2B EXPLANATION OF ESCROW ACCOUNT LIABILITY THE FOUNDATION ACTS AS TRUSTEE FOR VARIOUS CHARITABLE REMAINDER TRUSTS AND ISSUES GIFT ANNUITIES UNDER ITS CHARITABLE GIFT ANNUITY LICENSE WITH THE STATE OF CALIFORNIA DEPARTMENT OF INSURANCE. THE FOUNDATION ALSO HAS AN AGENCY RELATIONSHIP WITH BOTH THE UC SAN DIEGO ALUMNI ASSOCIATION AND THE SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE TO HOLD AND INVEST FUNDS. BOTH ORGANIZATIONS ARE RELATED TO UC SAN DIEGO. PART V, LINE 4 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS THE PAYOUT PROVIDED BY THE FOUNDATION'S ENDOWMENT FUNDS IS GRANTED TO THE UNIVERSITY OF CALIFORNIA SAN DIEGO IN ACCORDANCE WITH DONOR RESTRICTIONS, FOR USE IN SUPPORT OF ITS PROGRAMS, AS NOTED IN PART III OF THE 990. PART XI LINE 2 REVENUE ON BOOK NOT ON RETURN OTHER INCOME $ 13 CHANGE IN SURRENDER VALUE OF LIFE INSURANCE CONTRACTS $ 835 NONOPERATING INCOME $ 60,000 INVESTMENT FEE $ 208,697 BANK CHARGES ($ 210,113) ----------- TOTAL $ 59,432 PART XII LINE 4D EXPENSE ON BOOK NOT ON RETURN BANK CHARGES $ 210,113 ----------- TOTAL $ 210,113 Central America and the Caribbean Investments 3888000 3888000 3888000 true false false false false false CA SEE SCHEDULE O 1935124 1671355 263769 0 0 0 0 1935124 1671355 263769 263769 See part IV 9500 GILMAN DR SUITE 0940 LA JOLLA CA 920930940 true REGENTS OF THE UNIVERSITY OF CALIFORNIA 9500 GILMAN DR MC 0940 LA JOLLA CA 92093 956006144 501(c)(3) 168499619 N/A N/A SUPPORT UNIV. PROG. THEATER & ARTS FOUNDATION OF SAN DIEGO PO BOX 12039 LA JOLLA CA 92039 951941117 501(c)(3) 107956 N/A N/A SUPPORT OF PROGRAMS 2 SCHEDULE I, PART I, LINE 2 THE FOUNDATION TRANSFERS MONIES TO UC SAN DIEGO, WHICH ASSUMES FIDUCIARY RESPONSIBILITY FOR ACTUAL DISBURSEMENT. SEE SCHEDULE O, PART IX, LINE 1 FOR FURTHER DETAILS. THE FOUNDATION ALSO TRANSFERS MONIES TO THE THEATER & ARTS FOUNDATION OF SAN DIEGO COUNTY DBA LA JOLLA PLAYHOUSE FROM AN ENDOWMENT HELD FOR THE BENEFIT OF JOINT PROGRAMS OF UC SAN DIEGO AND THE LA JOLLA PLAYHOUSE. false false false false false false false false false P KHOSLA CHANCELLOR & PRESIDENT 0 592883 0 0 0 12192 0 76901 0 22394 0 704370 0 0 A SPIRA EXECUTIVE VICE PRESIDENT 0 385130 0 0 0 7508 0 85582 0 32678 0 510898 0 0 D HUNSINGER VICE PRESIDENT 0 340648 0 5000 0 0 0 46484 0 14712 0 406844 0 0 M CRUZ VICE PRESIDENT 0 344835 0 5000 0 0 0 69586 0 31440 0 450861 0 0 M SHAVER CFO (THROUGH 6/9/23) 0 269528 0 5000 0 0 0 61326 0 11921 0 347775 0 0 C CHASE CFO (EFFECTIVE 6/9/23) 0 190849 0 7500 0 0 0 44066 0 14712 0 257127 0 0 KSYKES CONTROLLER 0 145150 0 3700 0 0 0 35249 0 24506 0 208605 0 0 PART III - ADDITIONAL INFORMATION COMPENSATION FROM RELATED ORGANIZATIONS: ALL UC SAN DIEGO FOUNDATION STAFF ARE EMPLOYEES OF THE UNIVERSITY OF CALIFORNIA AND RECEIVE SALARY AND BENEFITS FROM THE UNIVERSITY. COMPENSATION DECISIONS FOR ALL EMPLOYEES ARE MADE BY THE UNIVERSITY OF CALIFORNIA FOLLOWING THE UNIVERSITY'S ESTABLISHED POLICIES. ALL COMPENSATED INDIVIDUALS LISTED IN PART VII OF THE FORM 990 ARE FULL TIME EMPLOYEES OF THE UNIVERSITY. PART I QUESTIONS REGARDING COMPENSATION ALL 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 UC SAN DIEGO CAMPUS 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 FOUNDATION PRESIDENT IS 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 LINE 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: UNIVERSITY OF CALIFORNIA/UC SAN DIEGO DO NOT MAKE PAYMENTS 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. PART II - OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES CFO CHASE WAS AN EMPLOYEE AT UCLA PRIOR TO COMING TO UC SAN DIEGO IN JUNE 2023. ALL COMPENSATION IS RELATED TO EMPLOYMENT AT UCLA. SEE ADDITIONAL SUPPLEMENTAL INFORMATION REGARDING COMPENSATION ON SCHEDULE O. X 66 12681478 FMV X PLANNED GIFT 3 452801 Estimated FMV X RAFFLE/AUCTION 3 6756 ESTIMATED FMV X CRYPTO CURRENCY 1 15000000 ESTIMATED FMV 1 false true true SCHEDULE M, PART I, COLUMN B THE NUMBER OF CONTRIBUTIONS IS BASED ON THE SPECIFIC NUMBER OF DONATIONS RECEIVED FROM CONTRIBUTORS. SCHEDULE M, PART I, LINE 32B THE UC SAN DIEGO FOUNDATION USES CARS2CHARITIES TO PROCESS VEHICLE DONATIONS. ADDITIONALLY, REAL ESTATE AGENTS ARE ENGAGED TO SELL GIFTS OF REAL PROPERTY,WHEN APPLICABLE. FORM 990, PART III 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 BENEFITS: ALL 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. COMPENSATION DECISIONS FOR ALL EMPLOYEES ARE MADE BY THE UNIVERSITY OF CALIFORNIA FOLLOWING THE UNIVERSITY'S ESTABLISHED POLICIES. 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. FORM 990, PART III, LINE 4B AND PART IX, LINE 24C 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 III, LINE 4D MEMBERSHIP INCOME: MEMBERSHIP INCOME TO BENEFIT UC SAN DIEGO. FORM 990, PART VI, LINE 2 FAMILY OR BUSINESS RELATIONSHIPS: EXECUTIVE VICE PRESIDENT A. SPIRA, TRUSTEE S. WOLFE, TRUSTEE EPSTEIN, TRUSTEE A. REED, AND TRUSTEE S. TIMMONS HAVE CHILDREN OR CHILDREN IN LAW WHO ARE EMPLOYEES OF UC SAN DIEGO. CHAIR J. SILBERMAN AND TRUSTEE D. OLIVER HAVE A BUSINESS RELATIONSHIP. TRUSTEE D. BRONSTON-CULP AND TREASURER P. THOROGOOD HAVE A BUSINESS RELATIONSHIP. TRUSTEE S. TIMMONS IS A NON-VOTING MEMBER OF THE UC BOARD OF REGENTS. TRUSTEE A. GRILLO-LOPEZ IS A BOARD OF DIRECTOR FOR THE PREUSS SCHOOL AT UC SAN DIEGO. FORM 990, PART VI, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 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 ACCOUNTING FIRM PREPARING THE RETURN. THE FORM 990 WAS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING. 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, OFFICER AND KEY EMPLOYEE ANNUALLY WHICH DISCLOSES POTENTIAL CONFLICTS, OR LACK THEREOF. THE REPLIES ARE REVIEWED BY THE CORPORATE SECRETARY, CONTROLLER, AND CHIEF FINANCIAL OFFICER. IF A CONFLICT DOES EXIST, THE IMPACTED TRUSTEE RECUSES THEMSELVES FROM VOTING ON THAT MATTER. 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. FORM 990, PART VIII, LINE 1 CONTRIBUTION REVENUE: THE 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 WRITTEN ACKNOWLEDGEMENT. 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, OR BY THE LA JOLLA PLAYHOUSE FOR ITS JOINT PROGRAMS WITH UC SAN DIEGO. 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 RECORD. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: OTHER INCOME 13 CHANGE IN SURRENDER VALUE OF LIFE INSURANCE CONTRACTS 835 NONOPERATING INCOME 60,000 ---------- TOTAL $60,848 SCHEDULE G, PART II, (A) 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, OR BY THE LA JOLLA PLAYHOUSE FOR ITS JOINT PROGRAMS WITH UC SAN DIEGO. 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 RECORD. REGENTS OF THE UNIV OF CA AT SAN DIEGO 9500 GILMAN DR MC 0940 LA JOLLA CA 92093 956006144 EDUCATION 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 TRUSTS (4) 9500 GILMAN DR MC0940 LA JOLLA CA 920930940 CHARITABLE TR CA NA T false false true false false false false true true false false false false true true true false false false false