About
The Finance and Administration department is responsible for the accounting, forecasting, budgeting, facilities management, and administration functions for University Development and Alumni Relations (UDAR).
What We Do
Gift and Investment Accounting
Responsible for the accounting, reporting, asset valuation, and treasury activities of the UC Berkeley Foundation (UCBF), a separate 501(c) 3 organization. We do this in partnership with the Berkeley Endowment Management Company (BEMCO), the investment company managing the Foundation’s endowment. We perform the accounting and reporting on all financial gifts to the university and the Foundation, including endowment funds.
We manage and distribute payouts to the campus units, distribute cash to the campus, and report on fund activity for UC Regents and Foundation funds. We manage all UCBF investments that are not a part of the General Endowment Pool. We also support the UCBF trustees and Board committees with analyses and reports.
Financial Planning and Analysis
Responsible for preparing, planning, and analysis of UDARs’ division budget. We monitor campuswide fundraising cost and cost recovery to maintain the campus’ fundraising financial model, develop recharge rates, and assist the distribution of fundraising operating resources to campus units for the Major Gift Officer and Annual Programs revenue-sharing agreements. We manage the division’s departmental accounting functions, and prepare monthly and quarterly financial variance reports for all 40+ cost centers.
Facility Services and Administration
Performs various administrative, front desk operations, and facilities management functions to support UDAR.