CLEMSON UNIVERSITY RESEARCH FOUNDATION: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- CLEMSON UNIVERSITY RESEARCH FOUNDATION (EIN 57-0750000)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-02-26
- IRS object ID
- 202100579349301415
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-26T14:30:32-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 EAST COURT STREET SUITE 500 | AddressLine1Txt |
| City | GREENVILLE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570750000 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY RESEARCH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLEM | BusinessNameControlTxt |
| Phone | 8646560797 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 946 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296330946 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACY R WALTERS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8646560797 | PhoneNum |
| Signature | 2021-02-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 8642333981 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRIS GESSWEIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 946 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296330946 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,554,328 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://CURF.CLEMSON.EDU/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT RESEARCH, TECHNOLOGY TRANSFER, AND RELATED ACTIVITIES AT AND FOR THE BENEFIT OF CLEMSON UNIVERSITY. TO GENERATE RESEARCH FUNDING OPPORTUNITIES FOR CLEMSON UNIVERSITY TO SUPPORT RESEARCH INITIATIVES THAT ADVANCE UNIVERSITY DISCOVERIES TO CREATE NEW PRODUCTS AND SERVICES FOR PUBLIC USE AND BENEFIT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $550,022 | PYContributionsGrantsAmt |
| CY Contributions Grants | $230,032 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,010,162 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $964,830 | CYProgramServiceRevenueAmt |
| PY Investment Income | $112,315 | PYInvestmentIncomeAmt |
| CY Investment Income | $161,149 | CYInvestmentIncomeAmt |
| PY Other Revenue | $247,419 | PYOtherRevenueAmt |
| CY Other Revenue | $198,317 | CYOtherRevenueAmt |
| PY Total Revenue | $1,919,918 | PYTotalRevenueAmt |
| CY Total Revenue | $1,554,328 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $250,022 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $104,886 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,929,340 | PYOtherExpensesAmt |
| CY Other Expenses | $1,589,520 | CYOtherExpensesAmt |
| PY Total Expenses | $3,179,362 | PYTotalExpensesAmt |
| CY Total Expenses | $1,694,406 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,259,444 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$140,078 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,775,410 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,623,559 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $142,345 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $126,562 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,633,065 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,496,997 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO GENERATE RESEARCH FUNDING OPPORTUNITIES FOR CLEMSON UNIVERSITY TO SUPPORT RESEARCH INITIATIVES THAT ADVANCE UNIVERSITY DISCOVERIES TO CREATE NEW PRODUCTS AND SERVICES FOR PUBLIC USE AND BENEFIT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,591,241 | ExpenseAmt |
| Grant | $104,886 | GrantAmt |
| Revenue | $1,163,147 | RevenueAmt |
| Desc | RESEARCH GRANT MONEY IS RECEIVED FROM VARIOUS ORGANIZATIONS AND IS SUB-AWARDED TO CLEMSON UNIVERSITY FOR PERFORMANCE OF THE RESEARCH; TO SERVE CLEMSON UNIVERSITY AS A PRIMARY ADMINISTRATOR OF TECHNOLOGY TRANSFER AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY ORIGINATING OUT OF CLEMSON UNIVERSITY.CULR LLC, (DISREGARDED ENTITY) A SUBSIDIARY OF CURF, PROVIDES ACCESS FOR THE UNIVERSITY, ITS RELATED ORGANIZATIONS AND OTHER ENTITIES TO NATIONAL RESEARCH AND EDUCATION NETWORKS USING SCALABLE HIGH SPEED FACILITIES BASED NETWORKS. | Desc |
| Total Program Service Expenses | $1,591,241 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 53 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISA MARCUS DIRECTOR ACCOUNTING FOR RELATED ORGS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8646561873 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 391 COLLEGE AVENUE NO 302 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29634 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| ANDY CAJKA | |||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TANJU KARANFIL | |||||||
| VICE CHAIR | 1.00 | 36.50 | Yes (X) | Yes (X) | $0 | $317,289 | $30,622 |
| GEORGE ACKER | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JOE BAILEY | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTIE CORBETT | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANAND GRAMOPADHYE | |||||||
| DIRECTOR | 1.00 | 36.50 | Yes (X) | $0 | $346,991 | $31,979 | |
| DENNIS KEKAS | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BRIJ KHORANA | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| MARTINE LABERGE | |||||||
| DIRECTOR | 1.00 | 36.50 | Yes (X) | $0 | $281,575 | $26,829 | |
| FRANK LANDGRAFF | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JOE SWANN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANTHONY WAGNER | |||||||
| DIRECTOR | 1.00 | 36.50 | Yes (X) | $0 | $447,544 | $18,843 | |
| CHRIS GESSWEIN | |||||||
| EXECUTIVE DIRECTOR | 37.50 | 0.00 | Yes (X) | $0 | $163,239 | $29,653 | |
| TRACY WALTERS | |||||||
| TREASURER | 1.00 | 36.50 | Yes (X) | $0 | $153,278 | $50,410 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,709,916 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $188,336 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SC RESEARCH AUTHORITY | |||||
| PO BOX 95 | COLUMBIA | SC | 29202 | SUBCONTRACTED SERVICES | $286,202 |
| DORITY & MANNING | |||||
| PO BOX 1449 | GREENVILLE | SC | 29602 | LEGAL SERVICES | $152,638 |
| CENTURYLINK | |||||
| PO BOX 52187 | PHOENIX | AZ | 85072 | COMPUTER SERVICES | $142,251 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $5,032 | GovernmentGrantsAmt |
| All Other Contributions | $225,000 | AllOtherContributionsAmt |
| Total Contributions | $230,032 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| COMPUTER SERVICE FEES | 541700 | $466,390 | $466,390 |
| PAYMENT FOR SERVICES-C | 541700 | $290,654 | $290,654 |
| MAINTENANCE FEES | 541700 | $77,524 | $77,524 |
| MANAGEMENT FEES AND RE | 541700 | $70,648 | $70,648 |
| PROGRAM & ACTIVITIES R | 541700 | $48,614 | $48,614 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $964,830 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $161,149 | TotalRevenueColumnAmt |
| Exclusion | $161,149 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $198,317 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $198,317 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,554,328 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,163,147 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $161,149 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,886 | TotalAmt |
| Program Services | $104,886 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $371,715 | TotalAmt |
| Program Services | $367,834 | ProgramServicesAmt |
| Management And General | $3,881 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,795 | TotalAmt |
| Management And General | $22,795 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,237 | TotalAmt |
| Program Services | $96,987 | ProgramServicesAmt |
| Management And General | $2,250 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $576 | TotalAmt |
| Program Services | $114 | ProgramServicesAmt |
| Management And General | $462 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,511 | TotalAmt |
| Program Services | $380,511 | ProgramServicesAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,653 | TotalAmt |
| Program Services | $67,653 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,113 | TotalAmt |
| Program Services | $7,113 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,370 | TotalAmt |
| Management And General | $2,370 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,395 | TotalAmt |
| Program Services | $123,462 | ProgramServicesAmt |
| Management And General | $18,933 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,156 | TotalAmt |
| Program Services | $5,599 | ProgramServicesAmt |
| Management And General | $14,557 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CU PROGRAM COSTS | $237,402 | $237,402 | |
| SHARED SERVICES | $111,680 | $74,170 | $37,510 |
| PROGRAM MANAGEMENT | $67,069 | $67,069 | |
| CURF PROGRAM COSTS | $4,000 | $4,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,848 | TotalAmt |
| Program Services | $54,441 | ProgramServicesAmt |
| Management And General | $407 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,694,406 | TotalAmt |
| Program Services | $1,591,241 | ProgramServicesAmt |
| Management And General | $103,165 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,929,626 | BOYAmt |
| EOY | $8,068,419 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,341 | BOYAmt |
| EOY | $186,241 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,750 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,852 | BOYAmt |
| EOY | $148,453 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,592,965 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,955,999 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $655,899 | BOYAmt |
| EOY | $636,966 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,496 | BOYAmt |
| EOY | $26,496 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $680,446 | BOYAmt |
| EOY | $556,984 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,775,410 | BOYAmt |
| EOY | $9,623,559 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,833 | BOYAmt |
| EOY | $111,562 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,512 | BOYAmt |
| EOY | $15,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,345 | BOYAmt |
| EOY | $126,562 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,839,240 | BOYAmt |
| EOY | $6,793,800 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,793,825 | BOYAmt |
| EOY | $2,703,197 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,633,065 | BOYAmt |
| EOY | $9,496,997 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,775,410 | BOYAmt |
| EOY | $9,623,559 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$140,078 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $4,010 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Func Int | Yes (X) | SupportingOrgType3FuncIntInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576000254 | EIN |
| Organization Type | 6 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $104,886 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $104,886 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (1) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (1) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | Yes (1) | SupportedOrgVoiceInvestmentInd |
Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Governmental Entity | Yes (X) | GovernmentalEntityInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION D, LINE 3: | THE VOTING DIRECTORS AFFILIATED WITH THE SUPPORTED ORGANIZATION EXERCISE THEIR DIRECTOR RIGHTS TO PARTICIPATE IN BOARD DISCUSSIONS AND VOTING INVOLVING POLICIES AND THE USE OF THE SUPPORTING ORGANIZATION'S ASSETS IN FULFILLING ITS PURPOSE. |
| PART IV, SECTION E, LINE 1C: | CLEMSON UNIVERSITY RESEARCH FOUNDATION SUPPORTS THE GENERATION AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY OF CLEMSON UNIVERSITY THROUGH SUPPORT OF RESEARCH, TECHNOLOGY TRANSFER, AND LICENSING ADMINISTRATION. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $513,901 | OtherCostOrOtherBasisAmt |
| Book Value | $513,901 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,079,064 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,955,999 | DepreciationAmt |
| Book Value | $123,065 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $636,966 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,554,328 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,554,328 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,554,328 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,690,396 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$4,010 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$4,010 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,694,406 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,694,406 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM INCOME TAX ON RELATED INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE "CODE") AND DESCRIBED AS AN ORGANIZATION IN SECTION 501(C)(3) OF THE CODE, ACCORDINGLY, ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 513 OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THAT THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2020 AND 2019 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | BAD DEBT RESERVE -4,010. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADMIN SERVICES BLDG 108 PERIMETER | AddressLine1Txt |
| Address Line2 | ROAD | AddressLine2Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 576000254 | RecipientEIN |
| IRC Section | 170(C)(1) | IRCSectionDesc |
| Cash Grant | $104,886 | CashGrantAmt |
| Purpose Of Grant | SPONSORED AND NON-SPONSORED RESEARCH OPERATIONS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Valuation Method Used | BOOK | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUND EXPENDITURES ARE REVIEWED BY A PRINCIPAL INVESTIGATOR (PI) FOR COMPLIANCE WITH THE TERMS OF THE GRANT, AND TO ENSURE THEY ARE REASONABLE AND ALLOWABLE. PIS CERTIFY THAT ALL SALARY AND FRINGE BENEFIT CHARGES ARE ACCURATE. A SAMPLE OF EXPENDITURES IS FURTHER REVIEWED BY THE ORGANIZATION. THE ORGANIZATION MONITORS ALL BUDGETS AND EXPENDITURES TO ENSURE THAT THEY OCCUR ONLY IN BUDGETED CATEGORIES. THE ORGANIZATION OBTAINS A COPY OF A-133 AUDIT OF ALL SUB-RECIPIENTS, AND IF THERE ARE ANY FINDINGS, TAKES APPROPRIATE ACTION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TANJU KARANFIL | ||||||||||||||
| VICE CHAIR | $0 | $317,151 | $0 | $0 | $0 | $138 | $0 | $13,500 | $0 | $17,122 | $0 | $347,911 | $0 | $0 |
| ANAND GRAMOPADHYE | ||||||||||||||
| DIRECTOR | $0 | $345,329 | $0 | $0 | $0 | $1,662 | $0 | $17,604 | $0 | $14,375 | $0 | $378,970 | $0 | $0 |
| MARTINE LABERGE | ||||||||||||||
| DIRECTOR | $0 | $208,944 | $0 | $0 | $0 | $72,631 | $0 | $14,168 | $0 | $12,661 | $0 | $308,404 | $0 | $0 |
| ANTHONY WAGNER | ||||||||||||||
| DIRECTOR | $0 | $447,538 | $0 | $0 | $0 | $6 | $0 | $13,500 | $0 | $5,343 | $0 | $466,387 | $0 | $0 |
| CHRIS GESSWEIN | ||||||||||||||
| EXECUTIVE DIRECTOR | $0 | $162,129 | $0 | $0 | $0 | $1,110 | $0 | $8,552 | $0 | $21,101 | $0 | $192,892 | $0 | $0 |
| TRACY WALTERS | ||||||||||||||
| TREASURER | $0 | $153,140 | $0 | $0 | $0 | $138 | $0 | $33,488 | $0 | $16,922 | $0 | $203,688 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | DURING THE YEAR ENDING JUNE 30, 2020, THE BYLAWS WERE AMENDED. CHANGES INCLUDED THE FOLLOWING: THE PURPOSE STATEMENT WAS EXPANDED TO INDICATE THAT CURF WILL ASSIST CLEMSON UNIVERSITY IN THE ADVANCEMENT AND SUPPORT OF CERTAIN INSTITUTES OF RESEARCH. THE MINIMUM NUMBER OF DIRECTORS WAS REDUCED FROM 13 TO 9. TERM ADJUSTMENTS WERE MADE TO SET FORTH A DIRECTOR'S TERM IS TWO YEARS FOR AT-LARGE AND CERTAIN CLEMSON UNIVERSITY DIRECTORS. AT-LARGE DIRECTORS SHALL HAVE A TWO TERM LIMITATION, BUT CLEMSON UNIVERSITY DIRECTORS WILL HAVE NO TERM LIMITATION. PROVISIONS WERE ADDED TO ADDRESS RESIGNATION, REMOVAL AND VACANCIES FOR BOTH DIRECTORS AND OFFICERS. INDIVIDUALS SERVING AS SECRETARY AND TREASURER NO LONGER HAVE TO BE DIRECTORS. THE EXECUTIVE COMMITTEE MUST BE AT-LARGE DIRECTORS. NEW RESTRICTIONS WERE PLACED ON THE EXECUTIVE COMMITTEE. THEY MAY NOT REMOVE A DIRECTOR OR OFFICER, AUTHORIZE ANY AMENDMENT TO THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE FOUNDATION, AND MAY NOT APPROVE THE MERGER, DISSOLUTION OR SALE OF SUBSTANTIALLY ALL THE ASSETS OF THE FOUNDATION. AMENDMENT MADE TO REQUIRE THAT CERTAIN REPORTS BY THE EXECUTIVE DIRECTOR AND THE TREASURER MUST BE PROVIDED IN WRITING TO THE PRESIDENT OF CLEMSON UNIVERSITY. IN ADDITION, AT LEAST ONE VOTING CLEMSON DIRECTOR MUST BE PRESENT TO ACHIEVE A QUORUM. AMENDMENT MADE TO REQUIRE THAT THE EXECUTIVE DIRECTOR OF THE FOUNDATION BE AN EMPLOYEE OF CLEMSON UNIVERSITY AND SUBJECT TO UNIVERSITY POLICY AND THAT THE UNIVERSITY MAINTAIN RESPONSIBLITY FOR HIRING/TERMINATION OF THE EXECUTIVE DIRECTOR. BYLAWS WERE AMENDED TO PROVIDE THAT CERTAIN AMENDMENTS TO THE BYLAWS MUST BE APPROVED BY THE BOARD OF TRUSTEES OF CLEMSON UNIVERSITY INCLUDING THE NAME OF THE FOUNDATION, THE PURPOSE AND DISSOLUTION PROVISIONS OF THE BYLAWS, COMPOSITION OF THE BOARD OF DIRECTORS, AND AMENDMENT OF THE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 7A | CERTAIN BOARD MEMBERS ARE SPECIFIED BY THEIR POSITIONS AT CLEMSON UNIVERSITY. OTHER BOARD MEMBERS ARE ELECTED BY THE CURRENT BODY OF BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COPY IS PROVIDED TO THE AUDIT COMMITTEE AND SENT TO THE BOARD MEMBERS PRIOR TO THE FILING DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE RECEIPT OF THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY DIRECTOR OR OFFICER SHALL DECLARE HIMSELF/HERSELF AS "ABSTAINING" FROM VOTING ON ANY MATTER IN WHICH SAID DIRECTOR OR OFFICER MAY BE CONSIDERED TO HAVE A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | CLEMSON UNIVERSITY RESEARCH FOUNDATION HAS NO EMPLOYEES. COMPENSATION FROM RELATED ORGANIZATIONS PAID TO DIRECTORS OF CURF IS FOR WORK PERFOMED AS EMPLOYEES OF CLEMSON UNIVERSITY. THE CURF BOARD OVERSEES THE EXECUTIVE DIRECTOR. COMPENSATION OF THE EXECUTIVE DIRECTOR, TREASURER, AND STAFF OF CURF IS DETERMINED THROUGH THE CLEMSON UNIVERSITY HUMAN RESOURCES DEPARTMENT SUBJECT TO AND WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SC AND APPLICABLE SC LAW, WHICH IS CONSISTENT WITH A STANDARD OF REASONABLENESS AND COMPARABLE COMPENSATION IN THE MARKET. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. |
| FORM 990, PART XI, LINE 9: | BAD DEBT RESERVE 4,010. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY LIGHT RAIL LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 389 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208727594 | EIN |
| Primary Activities | LEASING AGENT AND INFORMATION TECHNOLOGY SERVICE PROVIDER | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Total Income | $466,647 | TotalIncomeAmt |
| End Of Year Assets | $898,847 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY RESEARCH FOUNDATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADMIN SERVICES BLDG 108 PERIMETER R | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576000254 | EIN |
| Primary Activities | RESEARCH UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Exempt Code Section | 170(C)(1) | ExemptCodeSectionTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CLEMSON UNIVERSITY | ||
| B | $104,886 | AUDITED FINANCIAL STATEMENTS |
| CLEMSON UNIVERSITY | ||
| L | $290,654 | AUDITED FINANCIAL STATEMENTS |
| CLEMSON UNIVERSITY | ||
| O | $111,680 | AUDITED FINANCIAL STATEMENTS |
Comments