2024-05-15T14:27:16+00:00 2023-06-30 346565596 ERNST & YOUNG US LLP 731 K Street SACRAMENTO CA 95814 990 2022-07-01 943250114 University of California Merced Foundation UNIV 2092284070 5200 NORTH LAKE ROAD MERCED CA 95343 E EDWARD KLOTZBIER President/CEO 2024-05-15 true E Edward Klotzbier 999009999 Tamara Sugihara P01262399 9162181900 2023-05-14 2022 2023-04-26 12:10:37Z E EDWARD KLOTZBIER 5200 NORTH LAKE ROAD MERCED CA 95343 7831223 false X N/A X 1996 CA THE UC MERCED FOUNDATION WAS FORMED FOR THE PURPOSE OF ENCOURAGING VOLUNTARY PRIVATE GIFTS, TRUSTS, AND BEQUESTS FOR THE BENEFIT OF THE UNIVERSITY OF CALIFORNIA, MERCED. 58 56 0 388 0 0 4652512 6575221 0 0 467901 650868 0 0 5120413 7226089 1415966 7795245 0 0 0 0 0 0 0 0 0 1415966 7795245 3704447 -569156 32571273 33336630 603927 658141 31967346 32678489 THE UC MERCED FOUNDATION WAS FORMED FOR THE PURPOSE OF ENCOURAGING VOLUNTARY PRIVATE GIFTS, TRUSTS, AND BEQUESTS FOR THE BENEFIT OF THE UNIVERSITY OF CALIFORNIA, MERCED. false false 7616893 7616893 0 SCHOLARSHIPS AND OTHER PROGRAM AWARDS MONIES WERE TRANSFERRED FROM THE UC MERCED FOUNDATION TO THE UNIVERSITY OF CALIFORNIA, MERCED IN SUPPORT OF SCHOLARSHIPS AND AWARDS. THE UNIVERSITY OF CALIFORNIA, MERCED ASSUMES FIDUCIARY RESPONSIBLILTY FOR AWARDING AND ADMINISTERING THE FUNDS. 178352 178352 0 THE FOUNDATION RAISES, RECORDS AND MANAGES GIFTS FROM INDIVIDUALS, CORPORATIONS, ORGANIZATIONS AND FOUNDATIONS FOR THE SOLE BENEFIT OF UC MERCED IN ACCORDANCE WITH DONORS' WISHES. THE FOUNDATION PAYS A PERCENTAGE OF AWARDS RECEIVED, REFERRED TO AS GIFT FEES, AND A PERCENTAGE OF ENDOWMENT EARNINGS, KNOWN AS ENDOWMENT FEES, TO UC MERCED TO REIMBURSE FOR PERSONNEL SERVICES AND USE OF FACILITIES PROVIDED TO THE FOUNDATION. 7795245 true true false false false false false false true false true false false true true true true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false true true false false false false false false X 58 56 true false false false false false false true true false false true true true true true true false false false CA X AMANDA PRESTON-NELSON 2092284070 5200 NORTH LAKE ROAD MERCED CA 95343 ART KAMANGAR SECRETARY 1.0 0.0 X X 0 0 0 CURTIS A RIGGS BOARD CHAIR 1.0 0.0 X X 0 0 0 DENISE WATKINS IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 E EDWARD KLOTZBIER PRESIDENT/CEO 10.0 40.0 X X 0 310785 20711 ELIZABETH CARLSON VICE PRESIDENT 16.0 40.0 X X 0 189339 15323 MONYA LANE VICE CHAIR 1.0 0.0 X X 0 0 0 SIDNEY ISRAELS TREASURER 1.0 0.0 X X 0 0 0 ANTONIO VILLARAIGOSA TRUSTEE 1.0 0.0 X 0 0 0 BRENDA PANNELL-NASH TRUSTEE 1.0 0.0 X 0 0 0 CAROL BRIGHT TOUGAS TRUSTEE 1.0 0.0 X 0 0 0 CHRISTINE LONG TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER KENNEDY JR TRUSTEE 1.0 0.0 X 0 0 0 CYRIL L LAWRENCE TRUSTEE 1.0 0.0 X 0 0 0 DANIEL FEITELBERG ENTREPR. ECOSYS CO-CHAIR 1.0 0.0 X 0 0 0 DARYL G HATANO ADVOCACY CO-CHAIR 1.0 0.0 X 0 0 0 DINESH MOORJANI TRUSTEE 1.0 0.0 X 0 0 0 EILEEN HAMILTON TRUSTEE 1.0 0.0 X 0 0 0 FRANK DEAN TRUSTEE 1.0 0.0 X 0 0 0 FREDERICK R RUIZ MEMBER AT LARGE 1.0 0.0 X 0 0 0 GEORGE H KELLEY TRUSTEE 1.0 0.0 X 0 0 0 GREG STANGL TRUSTEE 1.0 0.0 X 0 0 0 GREY ROBERTS AUDIT CHAIR 1.0 0.0 X 0 0 0 HANIMIREDDY LAKIREDDY TRUSTEE 1.0 0.0 X 0 0 0 JACK OSWALD ADVOCACY CO-CHAIR 1.0 0.0 X 0 0 0 JAN SDERSTRM TRUSTEE 1.0 0.0 X 0 0 0 JEFF WATTS TRUSTEE 1.0 0.0 X 0 0 0 JHANSI REDDY TRUSTEE 1.0 0.0 X 0 0 0 JOAN SNYDER CONNECTIONS & ENGAGEMENT CO-CHAIR 1.0 0.0 X 0 0 0 JOHN GARAMENDI JR TRUSTEE 1.0 0.0 X 0 0 0 JOHN LOLL CONNECTIONS & ENGAGEMENT CO-CHAIR 1.0 0.0 X 0 0 0 KATE ECKER TRUSTEE 1.0 0.0 X 0 0 0 KEITH E ALLEY TRUSTEE 1.0 0.0 X 0 0 0 KENNI FRIEDMAN TRUSTEE 1.0 0.0 X 0 0 0 LAZAR C PIRO TRUSTEE 1.0 0.0 X 0 0 0 LEE J KOLLIGIAN TRUSTEE 1.0 0.0 X 0 0 0 LESLEY SLATON BROWN NOMINATIONS CHAIR 1.0 0.0 X 0 0 0 LISA ANDREW TRUSTEE 1.0 0.0 X 0 0 0 LORI ROSSI GALLO TRUSTEE 1.0 0.0 X 0 0 0 LYNN SEPPALA TRUSTEE 1.0 0.0 X 0 0 0 MATTHEW LEE TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL CARPENTER TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL ROLAND TRUSTEE 1.0 0.0 X 0 0 0 PARWINDER SAMRAN TRUSTEE 1.0 0.0 X 0 0 0 RAMAKRISHNA THONDAPU TRUSTEE 1.0 0.0 X 0 0 0 RANU MISHRA TRUSTEE 1.0 0.0 X 0 0 0 RENAE DEJAGER TRUSTEE 1.0 0.0 X 0 0 0 RICHARD J ELKUS JR TRUSTEE 1.0 0.0 X 0 0 0 ROBERT BERNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 ROBERT TINKER ENTREPR. ECOSYS CO-CHAIR 1.0 0.0 X 0 0 0 RODNEY NICKENS TRUSTEE 1.0 0.0 X 0 0 0 TEUILA HANSON TRUSTEE 1.0 0.0 X 0 0 0 TIM RAZZARI TRUSTEE 1.0 0.0 X 0 0 0 TRACY PROIETTI TRUSTEE 1.0 0.0 X 0 0 0 TREVOR ALBERTSON TRUSTEE 1.0 0.0 X 0 0 0 TY JAGERSON MEMBER AT LARGE 1.0 0.0 X 0 0 0 VIKRAM LAKIREDDY MEMBER AT LARGE 1.0 0.0 X 0 0 0 VISHAL VERMA TRUSTEE 1.0 0.0 X 0 0 0 YUKIKO KOJIMA TRUSTEE 1.0 0.0 X 0 0 0 0 500124 36034 0 false true false 0 0 0 0 0 0 6575221 0 6575221 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 292482 0 0 292482 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 963520 0 605134 0 358386 0 358386 0 0 358386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7226089 0 0 650868 7795245 7795245 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7795245 7795245 0 0 0 0 4432495 1620076 2085408 1699391 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25454083 29363662 0 0 0 599287 653501 32571273 33336630 0 0 0 0 4640 4640 0 0 0 0 0 0 0 0 0 0 599287 653501 603927 658141 0 0 0 0 0 0 0 0 31967346 32678489 31967346 32678489 32571273 33336630 -569156 1280299 0 0 0 0 X false true X true false X 3500720 5843840 3136882 4652512 6575221 23709175 0 0 3500720 5843840 3136882 4652512 6575221 23709175 7080235 16628940 70347 58750 137242 85140 292482 643961 0 11075 7500 0 0 0 18575 24371711 0 0.6823 0.6698 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - 8215.0, COLUMN B - 7500.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 15715.0; DESCRIPTION - GROSS GAMING REVENUE, COLUMN A - 2860.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 2860.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25559089 2558412 1931167 962387 29086281 28043848 383047 -2040046 827760 25559089 17800238 4202650 6566249 525289 28043848 13780825 3825515 668090 474192 17800238 11902740 1309188 1000722 431825 13780825 0.4775 0.5225 0.0 false true true UC REGENTS GENERAL ENDOWMENT POOL 29363662 F 29363662 THIRD PARTY SPLIT INTEREST AGREEMENTS 653501 653501 X 8506388 1280299 0 1280299 7226089 0 0 7226089 7795245 0 0 7795245 0 0 7795245 Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE FUNDING FOR SCHOLARSHIPS, STUDENT ASSISTANCE PROGRAMS AND ACADEMIC RESEARCH FOR THE STUDENTS, EMPLOYEES AND FACULTY OF THE UNIVERSITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is an organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code and is generally not subject to federal or state income taxes. However, the Foundation is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purpose for which it is granted exemption. No income tax provision has been recorded as the Foundation did not earn net income from any unrelated trade or business in 2022 or 2021. true UNIVERSITY OF CALIFORNIA MERCED 5200 NORTH LAKE ROAD MERCED CA 95343 270093858 501(C)(3) 7795245 0 N/A N/A (SEE STATEMENT) 1 0 Schedule I, Part II, Line 1(h) PURPOSE OF GRANT OR ASSISTANCE UNIVERSITY OF CALIFORNIA, MERCED: SCHOLARSHIP & OTHER EDUCATIONAL PROGRAMS Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE FOUNDATION TRANSFERS MONIES TO UC MERCED, WHICH ASSUMES RESPONSIBILITY FOR ACTUAL DISBURSEMENT. CRITERIA FOR SELECTION OF RECIPIENTS ARE BASED ON BOUNDARIES SET BY THE ESTABLISHMENT OF THE SCHOLARSHIP. X X X false false false false false false false false false E EDWARD KLOTZBIER PRESIDENT/CEO 0 310785 0 0 0 0 0 20711 0 0 0 331496 0 0 ELIZABETH CARLSON VICE PRESIDENT 0 189339 0 0 0 0 0 15323 0 0 0 204662 0 0 Schedule J, Part I, Line 3 COMPENSATION PRACTICES FOR THE RELATED ORGANIZATION IN DETERMINING COMPENSATION FOR ITS TOP MANAGEMENT OFFICIALS INCLUDE: A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SALARY SCHEDULES ARE SET BY THE UNIVERSITY OF CALIFORNIA OFFICE OF PRESIDENT AND BOARD OF REGENTS. Schedule J, Part II NONE OF THE LISTED INDIVIDUALS RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION DURING FYE 06/30/23. EACH WAS AN EMPLOYEE OF THE UC MERCED, A RELATED ORGANIZATION. INDIVIDUALS WERE COMPENSATED PRIMARILY FOR SERVICES TO THE UNIVERSITY OF CALIFORNIA, MERCED. COMPENSATION INFORMATION REFLECTS ALL COMPENSATION RECEIVED DURING THE CALENDAR YEAR 2022. Form 990, Part VI, Line 15 THE FOUNDATION DOES NOT HAVE EMPLOYEES AND NO OFFICERS OR OTHER EMPLOYEES RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION (E.G.,FOUNDATION). DURING FYE 6/30/2023, ALL ARE EMPLOYEES OF THE UNIVERSITY OF CALIFORNIA, MERCED, A RELATED ORGANIZATION, AND ARE COMPENSATED BY THAT RELATED ORGANIZATION. SENIOR MANAGEMENT, INCLUDING THE CHANCELLOR, ARE COMPENSATED IN ACCORDANCE WITH UNIVERSITY OF CALIFORNIA REGENTS POLICY 7701. A NUMBER OF FACTORS ARE CONSIDERED TO DETERMINE FAIR AND REASONABLE COMPENSATION INCLUDING: PERFORMANCE, PEER COMPARABILITY, EXTERNAL MARKET COMPARABILITY, SCOPE AND BREADTH OF EXPERIENCE AND RESPONSIBILITIES. COMPENSATION OF THE CHANCELLOR IS APPROVED BY THE REGENTS. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Trustee's George Kelley and Joan Snyder - Family relationship, Trustee's Hanimireddy Lakireddy, Jhansi Reddy and Virkram Lakireddy - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A COMPLETE COPY OF THE FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS BY EMAIL BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST QUESTIONNAIRE IS SENT TO ALL TRUSTEES AND FOUNDATION OFFICERS ANNUALLY. TRUSTEES SHALL DISQUALIFY THEMSELVES FROM MAKING, PARTICIPATING IN MAKING, OR IN ANY WAY ATTEMPTING TO USE THEIR OFFICIAL POSITION TO INFLUENCE A DECISION IN WHICH THEY HAVE OR WOULD HAVE A FINANCIAL INTEREST. THE UNIVERSITY OF CALIFORNIA MERCED FOUNDATION PROGRAM MANAGER REVIEWS ALL THE RESPONSES TO THE COMPLETED CONFLICT OF INTEREST QUESTIONNAIRES. IF CONFLICTS ARE DISCOVERED, IT IS ESCALATED TO THE APPROPRIATE PARTY WITHIN THE ORGANIZATION. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. UNIVERSITY OF CALIFORNIA MERCED 5200 NORTH LAKE ROAD MERCED CA 953435001 270093858 EDUCATION CA 501(c)(3) 2 UC REGENTS false REGENTS OF THE UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET OAKLAND CA 94607 943067788 EDUCATION CA 501(c)(3) 2 STATE OF CALIFORNIA false Charitable Remainder Trusts Investment CA NA Trust false false true false false false false false false false false false true true true false false false false false