Overview
What is Uc San Diego Foundation?
The Uc San Diego Foundation is a nonprofit organization based in La Jolla, California, with the address 9500 Gilman Drive 0940. Its primary mission is to advocate and raise private funds for the University of California, San Diego (UCSD). The foundation supports UCSD's research, teaching, and public service mission by granting over $115 million annually for various purposes. These funds include $54 million for general department support, $44 million for research faculty support, $14.5 million for student aid, and $6.7 million for capital project construction.
Official website here: www.foundation.ucsd.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating
The UC San Diego Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong financial health and transparency. The foundation scores exceptionally well in accountability and finance, with a perfect score on key metrics such as having a majority of independent board members and stringent conflict of interest policies. This high rating indicates a commitment to responsible management and donor trust.
Financially, the foundation demonstrates remarkable program efficiency, with an impressive 99.60% of its expenditures directed towards its programs. Furthermore, its low fundraising efficiency ratio of $0.002 suggests that the organization is highly effective in utilizing funds for its intended purposes rather than high fundraising costs. Additionally, it maintains a strong working capital ratio, indicating robust financial stability.
While the foundation excels in many areas, the relatively low score in fundraising efficiency could be a point of concern for potential donors looking for cost-effective fundraising strategies. Nonetheless, the overall data suggests that UC San Diego Foundation is a well-managed nonprofit dedicated to its mission, making it a reliable option for those considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Uc San Diego Foundation legitimate?
Uc San Diego Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uc San Diego 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foundation.ucsd.edu
What is the mission statement of Uc San Diego Foundation?
The Uc San Diego Foundation works tirelessly to advocate and secure private funding for the University of California San Diego. This support is crucial in advancing the university's research, teaching, and public service mission. Grants are distributed to various programs within the university, including those for general department support, research faculty, student aid, and capital projects construction. In total, the foundation has provided over $118 million to these initiatives. By raising funds, the foundation contributes significantly to the university's mission and the ongoing pursuit of knowledge and community service.
Official website here: www.foundation.ucsd.edu
Who is the CEO of Uc San Diego Foundation?
M Shaver is the Chancellor & President of Uc San Diego Foundation.
Official website here: www.foundation.ucsd.edu
What is the revenue of Uc San Diego Foundation?
Uc San Diego Foundation's revenue in 2022 was $216,432,589.
Official website here: www.foundation.ucsd.edu
Who are the executives of Uc San Diego Foundation and what are their salaries?
There 44 volunteers at Uc San Diego Foundation.
Here are 54 key members and their salaries:
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Official website here: www.foundation.ucsd.edu
Where can I find the form 990 for Uc San Diego Foundation?
Uc San Diego Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.ucsd.edu
Learn more at the official website: www.foundation.ucsd.edu
Mission Statement of Uc San Diego Foundation
The UC San Diego Foundation is a dedicated advocacy group, working tirelessly to champion the cause of the University of California San Diego (UCSD). With a firm commitment to supporting UCSD's mission, the Foundation raises private funds to bolster its research, teaching, and public service initiatives.
In essence, the UC San Diego Foundation serves as a vital bridge between the community and the esteemed academic institution. It works to secure financial resources, enabling UCSD to excel in its academic pursuits and community engagement. The Foundation's efforts have led to significant investments in various areas of the university. These funds support the university's general department activities to the tune of $54,354,290. Moreover, research-related faculty support has received a substantial boost of $43,946,983. Student aid and capital project construction also benefit from these contributions, receiving financial backing of $14,490,598 and $6,651,059, respectively.
By raising private support for UCSD, the Foundation plays a crucial role in enhancing the institution's impact and reach. This, in turn, benefits the wider academic and research community, as well as the public at large. With its unwavering dedication and effective fundraising efforts, the UC San Diego Foundation is an indispensable partner in the university's quest for excellence.
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Impact
October, 2024
The UC San Diego Foundation plays a crucial role in enhancing the university's ability to fulfill its research, teaching, and public service missions. By advocating for and raising private support, it significantly contributes to various programs and initiatives at UC San Diego.
In the past year, the Foundation has allocated substantial financial resources, including over $54 million for general department support, nearly $44 million specifically for research-related faculty support, approximately $14.5 million in student aid, and around $6.7 million for capital project construction. These investments empower faculty and students, fostering an environment of academic excellence and innovation.
By bridging funding gaps and providing essential resources, the UC San Diego Foundation directly impacts the quality of education, the advancement of research initiatives, and the overall growth of the university as a leader in higher education and public service. Its commitment not only strengthens individual programs but also enhances the university's ability to address pressing societal challenges through cutting-edge research and community engagement.
This information is meant to be a general summary of Uc San Diego 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: $20,094,773
- Program Service Revenue: $116,139
- Gross Receipts: $396,555,453
Assets and Liabilities:
- Total Assets: $1,588,268,165
- Total Liabilities: $109,807,323
- Net Assets: $1,478,460,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP INCOME
Revenue
$116,139
Organization Details
Founding Year
1972
Phone
(858) 534-1032Principal Officer
M Shaver
Main Address
9500 GILMAN DRIVE 0940, LA JOLLA, CA, 920930940
Website
www.foundation.ucsd.eduNTEE Category
Code: B11 - Education
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