Overview
What is Berkeley Endowment Management Company?
Berkeley Endowment Management Company, based in Berkeley, California, serves as a supporting organization for the University of California Berkeley Foundation. Their primary role is to manage the investment of endowment gifts that have been entrusted to the University of California Berkeley Foundation, with the aim of supporting Berkeley's mission of teaching, research, and public service. By providing professional investment management, Berkeley Endowment Management Company acts as a responsible steward of the donations, ensuring their long-term growth and beneficial impact on the university. With a team of 14 dedicated individuals, they contribute to the University of California Berkeley's ongoing success.
Official website here: www.berkeleyendowment.org
Is Berkeley Endowment Management Company legitimate?
Berkeley Endowment Management Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Endowment Management Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,993,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,556,439
For more financial information, click here
Official website here: www.berkeleyendowment.org
What is the mission statement of Berkeley Endowment Management Company?
The Berkeley Endowment Management Company (BEMCO) is tasked with managing the investment of endowment donations given to the University of California Berkeley (UCB) Foundation. Their primary role is to provide professional stewardship, ensuring these donations benefit UCB in its mission of teaching, research, and public service. As a supporting organization of the UCB Foundation, BEMCO's activities aim to maximize the returns on these endowment gifts, thereby contributing to UCB's overall development and success.
Official website here: www.berkeleyendowment.org
Who is the CEO of Berkeley Endowment Management Company?
David Mcauliffee is the President And Cio of Berkeley Endowment Management Company.
Official website here: www.berkeleyendowment.org
What is the revenue of Berkeley Endowment Management Company?
Berkeley Endowment Management Company's revenue in 2022 was $6,378,466.
Official website here: www.berkeleyendowment.org
Who are the executives of Berkeley Endowment Management Company and what are their salaries?
The average compensation at Berkeley Endowment Management Company during 2022 was $325,023. There are 14 employees and 9 volunteers at Berkeley Endowment Management Company.
Here are 13 key members and their salaries:
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- Compensation: $1,868,851
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- Other: $85,679
- Compensation: $209,912
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- Other: $58,408
- Compensation: $661,774
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- Other: $51,959
- Compensation: $522,275
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- Other: $51,057
- Compensation: $317,512
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- Other: $53,537
- Compensation: $201,129
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- Other: $39,556
- Compensation: $375,532
- Related: $0
- Other: $73,253
Official website here: www.berkeleyendowment.org
Where can I find the form 990 for Berkeley Endowment Management Company?
Berkeley Endowment Management Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.berkeleyendowment.org
Learn more at the official website: www.berkeleyendowment.org
Mission Statement of Berkeley Endowment Management Company
Berkeley Endowment Management Company (BEMCO) is dedicated to providing professional investment management services for endowment donations. This mission is in support of the University of California Berkeley (UCB) Foundation, with the ultimate goal of benefiting UCB. As a supporting organization for the UCB Foundation, BEMCO manages the investment of endowment gifts that have been entrusted to the foundation. This responsible stewardship is crucial in upholding Berkeley's mission of teaching, research, and public service. By effectively managing these endowment funds, BEMCO contributes significantly to UCB's overall welfare and success.
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Impact
October, 2024
The Berkeley Endowment Management Company (BEMCO) plays a crucial role in the financial sustainability and growth of the University of California, Berkeley (UCB) by managing endowment donations. Through professional investment management, BEMCO carefully stewards the endowment gifts entrusted to the Berkeley Foundation, ensuring that these funds effectively support the university's mission of teaching, research, and public service. This strategic approach not only helps in maximizing the returns on investments but also contributes significantly to the long-term financial health of UCB, enabling it to continue fostering innovation, academic excellence, and outreach initiatives. BEMCO's impact thus extends beyond financial management; it enhances educational opportunities and resources for students and faculty, ultimately benefiting the broader community and society as a whole.
This information is meant to be a general summary of Berkeley Endowment Management Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $6,378,466
- Gross Receipts: $6,378,466
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INVESTMENT MANAGEMENT SERVICES
Revenue
$6,378,466
Organization Details
Founding Year
2009
Phone
(415) 814-9841Principal Officer
David Mcauliffee
Main Address
1995 UNIVERSITY AVENUE 401, BERKELEY, CA, 94704
Website
www.berkeleyendowment.orgNTEE Category
Code: B11 - Education
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