Overview
What is Ucla Foundation?
The UCLA Foundation is a nonprofit organization based in Los Angeles, California, specifically at 10889 Wilshire Blvd STE 1500, ZIP code 90024. Its primary purpose is to support the programs of the University of California, Los Angeles (UCLA) campus. This includes funding for scholarships, fellowships, research, chancellor's priorities, development, special projects, and other initiatives. The mission of the UCLA Foundation is to foster philanthropy and manage donated resources for the betterment of UCLA. It serves as a crucial bridge between private donors and the university, allowing them to contribute to the advancement of this world-renowned academic and research institution. Private philanthropy is the key difference that sets UCLA apart, enhancing its excellence.
Official website here: www.uclafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The UCLA Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive score of 92 for Accountability & Finance, the foundation showcases a robust governance structure, including a board comprised of 81% independent members, ensuring unbiased oversight.
The organization's fiscal health is evident through a program expense ratio of 96.62%, indicating that a significant majority of its expenditures are directed towards its programs. Additionally, the foundation maintains a high impact and measurement score of 100, demonstrating its commitment to effective program evaluation and reporting.
While the foundation's overall performance is highly regarded, continued transparency and adherence to best practices in governance will be essential for maintaining its strong reputation. Overall, the UCLA Foundation exemplifies strong operational integrity and a commitment to its philanthropic mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ucla Foundation legitimate?
Ucla Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ucla 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.uclafoundation.org
What is the mission statement of Ucla Foundation?
The Ucla Foundation serves as the philanthropic arm of UCLA, actively promoting charitable giving and managing donated resources for the university's advancement. By facilitating private donations, the foundation plays a crucial role in enhancing one of the world's leading academic and research institutions. The foundation's grants support various programs at UCLA, including scholarships, fellowships, research initiatives, and special projects. Private philanthropy contributes significantly to UCLA's excellence, enabling it to stand out among its peers.
Official website here: www.uclafoundation.org
Who is the CEO of Ucla Foundation?
Rhea Turteltaub is the Executive Vice President of Ucla Foundation.
Official website here: www.uclafoundation.org
What is the revenue of Ucla Foundation?
Ucla Foundation's revenue in 2022 was $885,107,492.
Official website here: www.uclafoundation.org
Who are the executives of Ucla Foundation and what are their salaries?
There 33 volunteers at Ucla Foundation.
Here are 28 key members and their salaries:
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- Other: $80,586
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- Other: $95,528
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- Other: $81,665
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- Related: $157,106
- Other: $51,562
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- Other: $28,407
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Official website here: www.uclafoundation.org
Where can I find the form 990 for Ucla Foundation?
Ucla Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uclafoundation.org
Learn more at the official website: www.uclafoundation.org
Mission Statement of Ucla Foundation
The Ucla Foundation plays a pivotal role in the UCLA campus by actively encouraging philanthropy and managing donated resources. As the giving, receiving, and investing arm of UCLA, it facilitates private donors in supporting one of the world's leading academic and research institutions. The Ucla Foundation's mission shines a light on the importance of private philanthropy in enhancing UCLA's reputation and pushing it to new heights.
With a commitment to excellence, the Ucla Foundation grants funds in support of various UCLA programs. These grants contribute to a wide range of initiatives, including scholarships, fellowships, research projects, and Chancellor's priorities. By providing essential financial backing, the Ucla Foundation enables UCLA to thrive in its academic and research pursuits.
In essence, the Ucla Foundation serves as a vital bridge between private donors and the University of California, Los Angeles. Its mission strengthens the institution by harnessing the power of philanthropic contributions to build, sustain, and advance UCLA's distinguished reputation.
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Impact
October, 2024
The UCLA Foundation plays a crucial role in advancing the University of California, Los Angeles, by promoting philanthropy and managing donated resources effectively. Through its efforts, the foundation supports a wide range of programs, including scholarships, fellowships, and research initiatives. This financial backing is vital for enabling academic excellence, fostering innovation, and enhancing the overall educational experience at UCLA.
By channeling private donations, the UCLA Foundation helps build and sustain a robust academic institution that stands out globally. Its impact extends beyond immediate funding; it also cultivates a culture of giving that strengthens community ties and enhances the university's ability to attract talented students and scholars. Overall, the UCLA Foundation's commitment to resource management and philanthropic support significantly contributes to the growth and success of UCLA, driving progress in education and research.
This information is meant to be a general summary of Ucla 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 2022.
- Investment Income: $207,988,814
- Program Service Revenue: $1,923,332
- Gross Receipts: $1,333,120,649
Assets and Liabilities:
- Total Assets: $4,999,387,840
- Total Liabilities: $494,705,904
- Net Assets: $4,504,681,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENDOWED FUND MGMT SERVICE FEES
Revenue
$1,897,626
UNENDOWED FUND MGMT SERVICE FEES
Revenue
$25,706
Organization Details
Founding Year
1945
Phone
(310) 794-3193Principal Officer
Rhea Turteltaub
Main Address
10889 Wilshire Blvd STE 1500, Los Angeles, CA, 90024
Website
www.uclafoundation.orgNTEE Category
Code: B110 - Education
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