University Of California Riverside Foundation

About The Fund

The University of California, Riverside Foundation (UCR Foundation) is a nonprofit corporation that functions as the primary receptacle for philanthropic contributions to the University of California, Riverside (UCR). Since its establishment in 1977, the UCR Foundation has been dedicated to managing an endowment fund to further its mission of supporting scholarships, chairs, professorships, fellowships, research, academic and public service programs, under the direction of its board of trustees. As of the available data, the UCR Foundation's investment portfolio is valued at approximately $180.75 million, with diversified investments spanning domestic and international equity funds, hedge funds, fixed income, private equity, and cash reserves. The foundation prioritizes investments in a varied range of sectors including Software, Retail & E-Commerce, CleanTech, Autonomous Vehicles & Cars, Life Science, Mobile, and Consumer industries. The UCR Foundation plays a pivotal role in building and investing in the future of UCR and its students by raising, recording, and managing donations from individuals, corporations, organizations, and foundations in alignment with donors' intentions. The foundation boasts of a commitment to support the growth and innovation of UCR’s colleges, programs, research endeavors, promoting the potential for academic developments to make a positive impact on society. The board of trustees, chaired by Wally Bakare, is instrumental in the foundation's success by securing private support and fostering connections between UCR and various industries to bolster mutual development. The UCR Foundation also engages in fostering corporate and foundation relations to unite UCR’s exceptional faculty, students, and leaders with interested partners. Philanthropic activities and donor stories are regularly highlighted, showcasing the impact of contributions on the university's community and beyond.