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The UCLA Foundation

The UCLA Foundation

Los Angeles, CA 90024
Tax ID95-2250801

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About this organization

Revenue

$557,879,629

Expenses

$333,382,411

Website

uclafoundation.org

Mission

Actively promoting philanthropy and managing donated resources for the advancement of UCLA.

About

Through The UCLA Foundation, generous donors participate with building, sustaining and advancing the university. While there was a time when state funds covered almost every dollar UCLA needed to operate, today only six percent of the university’s total budget is paid for through the state’s general fund. Private philanthropy provides the resources UCLA requires to continue growing its stature as a global leader in the creation, sharing and application of knowledge. Specifically, The Foundation: - Receives contributions made by alumni, friends, private foundations and corporations on behalf of UCLA’s many schools, units and departments - Disburses the contributions according to the expressed wishes of the donor - Oversees the donated resources and investment assets, which are managed by the nonprofit UCLA Investment Company - Actively promotes philanthropy across the campus

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “The ucla foundation is the giving, receiving, and investing arm of the ucla campus. the foundation enables private donors to help build, sustain and advance one of the world's finest academic and research institutions. private philanthropy provides the margin of excellence that makes ucla stand out and stand above the rest.”.

When detailing its duties, they were outlined as: “The mission of the ucla foundation is to actively promote philanthropy and manage donated resources for the advancement of ucla.”.

  • The state in which the non-profit is authorized to operate legally is CA.
  • According to the filing, the address of the non-profit for the year 2020 is BOX 951405 2224 Murphy Hall, LOS ANGELES, CA, 90095.
  • The non-profit's form for the year 2020 reports a total of 0 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Has foreign activities.
  • Is a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $224,497,218.
  • The compensation policy for the CEO of the organization is not based on a thorough evaluation and endorsement by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 20 independent voting members.
  • The organization was formed in 1945.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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