U C Riverside Foundation

“Family or business relationship janet davis and carol stratford have a family relationship. They also have a business relationship inasmuch as they jointly own commercial properties. Byron and teresa pollitt have a family relationship. Beverly bailey's company, stronghold engineering, inc., is working at ucr on two construction contracts. These contracts were competitively bid and they were the lowest bidder. Gordon bourns company, bourns, inc., leases facilities to uc riverside's ce-cert on strictly commercial terms. Form 990, part vi, section a, line 4: disclosure for policies the uc riverside foundation is required to comply with the policies of the university of california.”

“Form 990 review process the form 990 is reviewed by the audit committee of the foundation's board of trustees. During the review the committee members have the opportunity to ask questions of the foundation's accounting staff and/or the accounting firm preparing the return. Due to a confidentiality agreement with a donor, a partially redacted copy of the schedule b (excluding information of the one donor) was distributed to the entire board before filing. The donor's information was provided to the irs as required.”

“Monitoring conflicts of interest conflict of interest policy - the uc riverside foundation has a conflict of interest statement which must be completed by board members, officers and staff members in decision-making roles annually. The conflict of interest statement is aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict. The annual statements are reviewed by the president and chief financial officer who monitor proposed or ongoing transactions for conflicts of interest. Any potential or actual conflicts are disclosed to the chair of the board of trustees in order to address them appropriately. A determination is then made to: (a)take no action; (b)assure full disclosure to the board of trustees and other individuals covered by the policy; (c)ask the member or staff person to recuse from participation in related discussions or decisions; or (d)ask the person to resign from his or her position on the board or if the person refuses to resign, become subject to possible removal.”

“Process of determining compensation of the ceo and other officers. No officers or other employees received any compensation from the filing organizations (e.g., foundation) during fy21. All are employees of the university of california, riverside and are compensated by the university. Senior management including the chancellor, are compensated in accordance with university of california regents' policy 7701. A number of factors are considered in determining fair and reasonable compensation including: performance, peer comparability data, external market comparabilty, scope and breadth of experience and responsibilities. Compensation of the chancellor is approved by the regents.”

“Publicly required information the uc riverside foundation posts its form 990 on its website. It makes available its form 1023 application and its form 990-t upon request.”

“Other organization documents publicly available articles of incorporation, bylaws, financial statements and the conflict of the interest policy statement are available on the organization's website.”

“While the regents is not a related entity under the definition in form 990, given the relationship between the regents and the campus foundation, the foundation reports the regents as a related entity for the sake of transparency.”

“Other contractors: program service expenses 0. Management and general expenses 26,167. Fundraising expenses 0. Total expenses 26,167.”

“Adjustments for prior year returned grants 26,033.”