Overview
What is University Of California Berkeley Foundation?
The University of California Berkeley Foundation is a nonprofit organization committed to supporting the University of California, Berkeley. By providing grants and allocations to various campus units and organizations in the Berkeley area, it enhances the welfare of the university and expands its facilities. This foundation contributes to the broader educational opportunities within the institution.
Official website here: www.foundation.berkeley
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The University of California Berkeley Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization boasts a 94% score in Accountability & Finance, showcasing a well-governed structure with 98% of its board members being independent. This high level of independence, coupled with a solid audit and oversight committee, contributes to its reputation for ethical management of resources.
Financial indicators further highlight the foundation's effectiveness, with a program expense ratio of 96.77%, meaning nearly all funds are allocated towards its mission-driven programs. Additionally, its fundraising efficiency is notably high, with minimal costs incurred for fundraising efforts. The organization’s liabilities to assets ratio stands at a low 3.98%, indicating strong financial health and stability.
While the foundation's ratings and feedback are overwhelmingly positive, there are no specific limitations or concerns noted in the available data. Overall, the University of California Berkeley Foundation exemplifies transparency and responsible stewardship, making it a trustworthy choice for donors looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is University Of California Berkeley Foundation legitimate?
University Of California Berkeley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of California Berkeley Foundation 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:
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For more financial information, click here
Official website here: www.foundation.berkeley
What is the mission statement of University Of California Berkeley Foundation?
The University of California Berkeley Foundation supports the University of California, Berkeley by advancing its interests and promoting its welfare. Through granting and allocating resources to various campus units and organizations, the foundation aims to enhance the facilities and educational opportunities available at the university. By doing so, it contributes to the betterment of the academic institution and its community. The foundation's mission is geared towards improving the university's overall well-being and expanding the reach of its educational offerings.
Official website here: www.foundation.berkeley
What is the revenue of University Of California Berkeley Foundation?
University Of California Berkeley Foundation's revenue in 2024 was $509,285,664.
Official website here: www.foundation.berkeley
Who are the executives of University Of California Berkeley Foundation and what are their salaries?
There 91 volunteers at University Of California Berkeley Foundation.
Here are 65 key members and their salaries:
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Official website here: www.foundation.berkeley
Where can I find the form 990 for University Of California Berkeley Foundation?
University Of California Berkeley Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foundation.berkeley
Learn more at the official website: www.foundation.berkeley
Mission Statement of University Of California Berkeley Foundation
The University of California Berkeley Foundation plays a vital role in advancing the interests of the University of California, Berkeley. In doing so, it works to enhance the welfare of this esteemed institution and expand its educational opportunities. The foundation's mission is twofold: it promotes the well-being of UC Berkeley and increases the availability of its facilities.
To accomplish this mission, the University of California Berkeley Foundation grants funds to various campus units and organizations within the Berkeley area. By doing so, it enables these entities to further their own initiatives and contribute to the broader educational experience of the university community. Through these grants and allocations, the foundation fosters a thriving academic environment that supports the ongoing growth and development of UC Berkeley.
Founded on the belief that investment in education is essential to progress, the University of California Berkeley Foundation serves as a crucial partner in the university's quest for excellence. Its commitment to providing resources to campus entities enables them to pursue groundbreaking research, deliver innovative educational programs, and foster a vibrant learning community. As a result, the foundation's efforts significantly contribute to the advancement of knowledge and the overall enrichment of the University of California, Berkeley.
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Impact
October, 2024
The University of California Berkeley Foundation significantly enhances the educational environment and opportunities at the University of California, Berkeley. By providing essential grants and allocations, the foundation supports various campus units and organizations, effectively promoting the university's welfare. Its impactful contributions not only increase the available facilities but also ensure that a broader range of educational opportunities is accessible to students and faculty alike. This commitment to advancing the university enables Berkeley to thrive as a top-tier educational institution, fostering academic excellence and innovation within the community and beyond.
This information is meant to be a general summary of University Of California Berkeley Foundation. 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 2024.
- Investment Income: $34,426,524
- Gross Receipts: $739,780,979
Assets and Liabilities:
- Total Assets: $3,399,624,887
- Total Liabilities: $146,484,171
- Net Assets: $3,253,140,716
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Organization Details
Founding Year
1948
Principal Officer
Julie Hooper
Website
www.foundation.berkeleyNTEE Category
Code: B110 - Education
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