Civic Intelligence

The Bernard Osher Foundation

990PF • Fiscal year 2018 • EIN 94-2506257

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

1 Market Plaza Spear Tower No 4025San Francisco, CA 94105

(415) 677-5922

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.06x

Higher debt load relative to assets than 34% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.67x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Source year 2018

Net Margin

1st percentile

-455%

Higher net margin than 1% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$349,500

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2018 filings • $25M-$50M nonprofits • Source year 2018

Asset Growth

2nd percentile

-37%

Faster asset growth than 2% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-38%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$27,794,979

Down $16,029,284 (-37%) from 2017

Net Assets

Down

$26,135,427

Down $15,620,418 (-37%) from 2017

Liabilities

Down

$1,659,552

Down $408,866 (-20%) from 2017

Revenue

Down

$2,484,372

Down $1,505,575 (-38%) from 2017

Expenses

Up

$13,791,870

Up $8,195,833 (+146%) from 2017

Net Income

Down

-$11,307,498

Down $9,701,408 (-604%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $67,868,547Liabilities 2011: $24,971,6732011Assets 2012: $38,091,266Liabilities 2012: $13,159,7232012Assets 2013: $27,015,936Liabilities 2013: $6,802,6392013Assets 2014: $68,657,149Liabilities 2014: $11,839,846Net Assets 2014: $56,817,3032014Assets 2015: $43,967,849Liabilities 2015: $3,009,359Net Assets 2015: $40,958,4902015Assets 2016: $43,108,823Liabilities 2016: $1,830,985Net Assets 2016: $41,277,8382016Assets 2017: $43,824,263Liabilities 2017: $2,068,418Net Assets 2017: $41,755,8452017Assets 2018: $27,794,979Liabilities 2018: $1,659,552Net Assets 2018: $26,135,4272018Assets 2019: $42,514,211Liabilities 2019: $2,801,652Net Assets 2019: $39,712,5592019Assets 2020: $73,331,423Liabilities 2020: $3,626,690Net Assets 2020: $69,704,7332020Assets 2021: $47,238,965Liabilities 2021: $1,841,532Net Assets 2021: $45,397,4332021Assets 2022: $35,195,679Liabilities 2022: $3,767,113Net Assets 2022: $31,428,5662022Assets 2023: $31,589,307Liabilities 2023: $3,298,807Net Assets 2023: $28,290,5002023Assets 2024: $28,343,012Liabilities 2024: $8,438,615Net Assets 2024: $19,904,3972024

Highlighted filing

2018

Assets$27,794,979
Liabilities$1,659,552
Net Assets$26,135,427

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50M-$100MRevenue 2011: $396,236Expenses 2011: $51,966,919Net Income 2011: -$51,570,6832011Revenue 2012: -$237,222Expenses 2012: $26,000,676Net Income 2012: -$26,237,8982012Revenue 2013: $8,562,177Expenses 2013: $12,088,324Net Income 2013: -$3,526,1472013Revenue 2014: $67,784,613Expenses 2014: $26,022,641Net Income 2014: $41,761,9722014Revenue 2015: $1,959,326Expenses 2015: $14,212,783Net Income 2015: -$12,253,4572015Revenue 2016: $4,142,619Expenses 2016: $6,239,763Net Income 2016: -$2,097,1442016Revenue 2017: $3,989,947Expenses 2017: $5,596,037Net Income 2017: -$1,606,0902017Revenue 2018: $2,484,372Expenses 2018: $13,791,870Net Income 2018: -$11,307,4982018Revenue 2019: $31,913,446Expenses 2019: $10,180,555Net Income 2019: $21,732,8912019Revenue 2020: $37,325,910Expenses 2020: $8,625,810Net Income 2020: $28,700,1002020Revenue 2021: $743,749Expenses 2021: $26,103,146Net Income 2021: -$25,359,3972021Revenue 2022: $1,698,857Expenses 2022: $10,816,491Net Income 2022: -$9,117,6342022Revenue 2023: $9,368,016Expenses 2023: $13,004,006Net Income 2023: -$3,635,9902023Revenue 2024: $1,054,980Expenses 2024: $9,670,435Net Income 2024: -$8,615,4552024

Highlighted filing

2018

Revenue$2,484,372
Expenses$13,791,870
Net Income-$11,307,498
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARY BITTERMANPresidentFT$325,000$24,500$349,500
THOMAS MOFFETTCFOFT$282,993$24,500$307,493
JEANIE HIROKANESecretaryFT$94,000$9,400$103,400
DAVID AGGERDirector-$800-$800
PHYLLIS COOKDirector-$800-$800
ROBERT FRIENDDirector-$800-$800
JOHN GALLODirector-$800-$800
JOHN PRITZKERDirector-$400-$400
LAURA LAUDERDirector-$400-$400
BARBRO OSHERChairman-$0--
BERNARD OSHERTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Bernard Osher Foundation
EIN
94-2506257
Phone
4156775922
Address
1 MARKET PLAZA SPEAR TOWER NO 4025, SAN FRANCISCO, CA 94105

Signing Officer

Name
Tom Moffett
Title
CFO
Phone
4156775922
Signed
2019-10-22
Discuss with paid preparer
Yes

Preparer

Firm
Wmb2 Llp
Address
101 LARKSPUR LANDING CIR STE 200, LARKSPUR, CA 94939-1750
Preparer
Donald R Wilson
Phone
4159251120
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd3FMV
IRS990PF/AddressChangeInd0X
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0769081
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt01612054
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt06535
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0DEFERRED TAX DECREASE
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd001
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/RelatedOrExemptFunctionIncmAmt096702
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt02387670
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt096702
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt02484372
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt018661
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt07997
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt026658
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt01659911
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0564497
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt0141496
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0705993
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt012386750
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt012386750
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt04695
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0769081
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0769081
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-11307498
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt01715011
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt06535
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt06535
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt01612054
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt02224065
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt015793
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt015793
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt0224278
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0224278
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt0120468
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt015508
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0135976
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt096702
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt016567
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt03689
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt025116
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt0114829
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt012250
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt0127079
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubDsbrsChrtblAmt0508
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubNetInvstIncmAmt0110
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubRevAndExpnssAmt0618
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt041871
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt030412
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt0116139
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt013526997
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0211462
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt013791870
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt02435527
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt02484372
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt01140247
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0211462
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt01405120
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt022775
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt022775
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02008-11-04
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt055000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt1100
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt11660010
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt20
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt3-100
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt11660010
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt20
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt3-100
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt11660010
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt255000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd1P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd2P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd3P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0ISHARES FOUNDATION-ENDOWMENT - BLACKROCK
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1ISHARES FOUNDATION-ENDOWMENT - BLACKROCK
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2EASTRIDGE CMNTY FACS - PERSHING
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc3EI FUND IV
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt02018-07-02
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt01659911
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-11307498
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt04334408
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt021488
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt030469835
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt041755845
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt026135427
IRS990PF/DistributableAmountGrp/DeductionFromDistributableAmt00
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt01765698
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt01765698
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt01765698
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt01787939
IRS990PF/DistributableAmountGrp/RecoveriesQualfiedDistriAmt00
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt022241
IRS990PF/DistributableAmountGrp/TotalTaxAmt022241
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt033794
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/DomesticOrgMeetingSect4940eInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt044035
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt012000
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt022241
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt033794
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt022241
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt022241
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt056035
IRS990PF/FMVAssetsEOYAmt027794979
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableBOYAmt0112634
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableEOYAmt0146492
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblAmt013723
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYAmt013723
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYFMVAmt013723
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt036804
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0631911
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt0631911

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.3$8.44$19.9$1.05$9.67$8.62
2023Detailed filing. Detailed filing data is available for this year.$31.6$3.30$28.3$9.37$13.0$3.64
2022Detailed filing. Detailed filing data is available for this year.$35.2$3.77$31.4$1.70$10.8$9.12
2021Detailed filing. Detailed filing data is available for this year.$47.2$1.84$45.4$0.74$26.1$25.4
2020Detailed filing. Detailed filing data is available for this year.$73.3$3.63$69.7$37.3$8.63$28.7
2019Detailed filing. Detailed filing data is available for this year.$42.5$2.80$39.7$31.9$10.2$21.7
2018Detailed filing. Detailed filing data is available for this year.$27.8$1.66$26.1$2.48$13.8$11.3
2017Detailed filing. Detailed filing data is available for this year.$43.8$2.07$41.8$3.99$5.60$1.61
2016Detailed filing. Detailed filing data is available for this year.$43.1$1.83$41.3$4.14$6.24$2.10
2015Detailed filing. Detailed filing data is available for this year.$44.0$3.01$41.0$1.96$14.2$12.3
2014Detailed filing. Detailed filing data is available for this year.$68.7$11.8$56.8$67.8$26.0$41.8
2013Summary only. Only limited summary data is available for this year.$27.0$6.80$8.56$12.1$3.53
2012Summary only. Only limited summary data is available for this year.$38.1$13.2$0.24$26.0$26.2
2011Summary only. Only limited summary data is available for this year.$67.9$25.0$0.40$52.0$51.6