University of California Berkeley Foundation

The University of California, Berkeley Foundation (UCBF) is a non-profit organization formed in 1948 and is based in Berkeley, California. The foundation supports and advances the mission of the University of California, Berkeley by encouraging private philanthropy. The foundation is dedicated to supporting UC Berkeley's core endeavors which are teaching, research, and public service. The Berkeley Endowment Management Company (BEMCO) manages the investment of endowment funds. The foundation is governed by the executive management team.The University of California, Berkeley Foundation investment portfolio is valued at USD2.16 billion, with investments in private equity, real estate, hedge funds, and cash.