2019-08-13T16:27:58-05:00 2018-09-30 PricewaterhouseCoopers LLP 600 13TH STREET NW STE 1000 WASHINGTON DC 20005 990 2017-10-01 630952483 THE UAB RESEARCH FOUNDATION % JUSTIN DAIGENAULT UABR 2059756068 701 20TH STREET S Suite 770 BIRMINGHAM AL 352940107 KATHY L NUGENT MANAGING DIRECTOR 2059756068 2019-08-08 true TRAVIS L PATTON P00369623 2024141000 2019-08-09 167.68.125.77 52580220192255000001 2019-08-13 P AE0EB305D9BFC798E0CBA337B15EAAD549938CAA AE0EB305D9BFC798E0CBA337B15EAAD549938CAA 2017 2019-02-21 02:37:17Z KATHY NUGENT 701 20TH ST S STE 770 BIRMINGHAM AL 352940107 6668667 false X WWW.UAB.EDU/UABRF X 1987 AL FOUNDATION ASSISTS IN THE IMPLEMENTATION OF THE PATENT POLICY AT THE UNIVERSITY. 15 6 0 6 0 0 0 0 718200 589200 0 0 4795433 6079467 5513633 6668667 0 0 0 0 962568 914735 0 0 0 3601297 4207086 4563865 5121821 949768 1546846 10183961 11920140 2029888 2344902 8154073 9575238 FOUNDATION ASSISTS IN THE IMPLEMENTATION OF THE PATENT POLICY AT THE UNIVERSITY, INCLUDING, BUT NOT LIMITED TO, ASSISTING IN THE RECEIPT AND DISSEMINATION OF MATERIALS, COMPOUNDS AND BIOLOGICAL SUBSTANCES USED IN UNIVERSITY RESEARCH PROJECTS AND EVALUATING THE COMMERCIAL POTENTIAL OF INVENTIONS CREATED BY UNIVERSITY EMPLOYEES AND STUDENTS AND THE PATENTABILITY AND APPLICABILITY OF OTHER PROTECTIONS WITH RESPECT TO SUCH INVENTIONS. NECESSARY TO THIS EDUCATIONAL MISSION IS THE PROVISION OF OUTSTANDING MEDICAL CARE AND SERVICES AND THE ENHANCEMENT OF NEW KNOWLEDGE THROUGH CLINICAL AND BASIC BIOMEDICAL RESEARCH. false false 4520327 0 6668055 THE FOUNDATION REVIEWS INVENTION DISCLOSURES SUBMITTED AT UAB AND INITIATES DOMESTIC AND FOREIGN PATENT FILINGS WHEN APPROPRIATE. 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WATTS AND SELWYN VICKERS, M.D. INCLUDED $47,051 AND $134,986, RESPECTIVELY, WHICH ARE ONE TIME PAYMENTS FROM A DEFERRED COMPENSATION PLAN. FORM 990, PART VI, LINE 11B: THE RETURN IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE MANAGING DIRECTOR BEFORE FILING. FORM 990, PART VI, LINE 12C: EACH DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A BOARD COMMITTEE WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, THROUGH A BUSINESS INVESTMENT OR THROUGH A FAMILY MEMBER, IS REQUIRED TO DISCLOSE ANY SUCH ACTUAL OR POTENTIAL FINANCIAL INTEREST, TO THE BOARD OF DIRECTORS OF UABRF. A FINANCIAL INTEREST IS DEFINED AS AN INTEREST IN ANY ENTITY WITH WHICH UABRF HAS A TRANSACTION OR ARRANGEMENT, IN A COMPENSATION ARRANGEMENT WITH UABRF OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH UABRF HAS A TRANSACTION OR ARRANGEMENT OR A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH UABRF IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. ANY SUCH PERSON MAKING A DISCLOSURE IS REQUIRED TO RECUSE HIM OR HERSELF FROM THE REMAINDER OF THE MEETING AND IS UNABLE TO VOTE ON THE TRANSACTION. FORM 990, PART VI, LINE 19: THE UA SYSTEM PATENT POLICY AND THE UAB CONFLICT OF COMMITMENT POLICY ARE AVAILABLE ON THE UABRF WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 1: FOR FINANCIAL REPORTING PURPOSES, THE FOUNDATION IS CONSIDERED A SPECIAL-PURPOSE GOVERNMENT ENTITY ENGAGED ONLY IN BUSINESS-TYPE ACTIVITIES AS DEFINED BY GASB STATEMENT NO. 35. BASIC FINANCIAL STATEMENTS - AND MANAGEMENT'S DISCUSSION AND ANALYSIS - FOR PUBLIC COLLEGES AND UNIVERSITIES, AS AN AMENDMENT TO GASB 34, BASIC FINANCIAL STATEMENTS - AND MANAGEMENT'S DISCUSSION AND ANALYSIS - FOR STATE AND LOCAL GOVERNMENTS. BUSINESS-TYPE ACTIVITIES ARE THOSE THAT ARE FINANCED IN WHOLE OR IN PART BY FEES CHARGED TO EXTERNAL PARTIES FOR GOODS OR SERVICES. ACCORDINGLY, THE FINANCIAL STATEMENTS OF THE FOUNDATION HAVE BEEN PREPARED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE MODIFIED BASIS OF CASH RECEIPTS AND CASH DISBURSEMENTS. ROYALTIES, RESEARCH INCOME, AND INVESTMENT INCOME FROM NONMARKETABLE SECURITIES OF START-UP COMPANIES, EXCLUDING UNREALIZED GAINS AND LOSSES, ARE RECOGNIZED ON THE CASH BASIS. LEGAL INCOME AND EXPENSE ARE REPORTED ON THE ACCRUAL BASIS. ALL OTHER REVENUES AND EXPENSES ARE REPORTED ON THE ACCRUAL BASIS WHEN THE RELATED REVENUE HAS BEEN EARNED OR OBLIGATION HAS OCCURRED. THE FORM 990 HAS BEEN PREPARED CONSISTENT WITH THE FINANCIAL STATEMENTS EACH YEAR. SEE PART VII SEE PART VII false false false false false false false false false false false false false false true true false true false FORM 990, SCHEDULE R, PART II - NAMES OF RELATED ORGANIZATIONS: THE ATTACHED LIST OF ENTITIES ARE FOUNDATIONS OR SUBSIDIARIES AFFILIATED WITH THE UNIVERSITY OF ALABAMA SYSTEM AND ITS VARIOUS CAMPUSES. SOME OF THESE ENTITIES MAY NOT MEET THE IRS DEFINITION OF "RELATED ORGANIZATION" FOR PURPOSES OF SCHEDULE R. THEY ARE INCLUDED, HOWEVER, ON THIS ATTACHED STATEMENT FOR PURPOSES OF COMPLETENESS AND TRANSPARENCY. THE UNIVERSITY OF ALABAMA SYSTEM OFFICE (EXEMPT) -THE UNIVERSITY FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA (EXEMPT) -THE CAPSTONE FOUNDATION (EXEMPT) -THE CRIMSON TIDE FOUNDATION (EXEMPT) -THE UNIVERSITY OF ALABAMA LAW SCHOOL FOUNDATION (EXEMPT) -1831 FOUNDATION (EXEMPT) -DONOR ADVISED FUND (EXEMPT) -NATIONAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA (EXEMPT) -CAPSTONE HEALTH SERVICES FOUNDATION (EXEMPT) -THE UNIVERSITY OF ALABAMA RESEARCH FOUNDATION (EXEMPT) -UA-ASU-TSU EDUCATIONAL RADIO CORPORATION (EXEMPT) -ALABAMA PUBLIC RADIO (EXEMPT) -ALUMNI OF FARRAH ORDER OF JURISPRUDENCE & ORDER OF COIF (EXEMPT) -THE UNIVERSITY OF ALABAMA "A" CLUB ALUMNI ASSOCIATION (EXEMPT) -"A" CLUB EDUCATIONAL AND CHARITABLE FOUNDATION (EXEMPT) THE UNIVERSITY OF ALABAMA AT BIRMINGHAM (EXEMPT) -THE UAB RESEARCH FOUNDATION (EXEMPT) -THE UAB EDUCATIONAL FOUNDATION (EXEMPT) -MEDICAL TOWERS INC. (EXEMPT) -CAMPUS HOSPITALITY SERVICES, LLC (EXEMPT) -UAB DIABETES TRUST FOUNDATION (EXEMPT) -NATIONAL ALUMNI SOCIETY OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM (EXEMPT) -UNIVERSITY OF ALABAMA SCHOOL OF MEDICINE ALUMNI ASSOCIATION (EXEMPT) -SOUTHERN RESEARCH INSTITUTE (EXEMPT) -THE GORGAS MEMORIAL INSTITUTE OF TROPICAL & PREVENTATIVE MEDICINE, INC. (EXEMPT) -UAB ATHLETICS FOUNDATION (EXEMPT) -UNIVERSITY OF ALABAMA HOSPITAL AUXILLIARY (EXEMPT) -THE UNIVERSITY OF ALABAMA SCHOOL OF DENTISTRY ALUMNI ASSOCIATION (EXEMPT) -ALUMNI ASSOCIATION OF THE GRADUATE PROGRAMS OF HEALTH ADMINISTRATION (EXEMPT) -UAB MEDICINE FINANCING AUTHORITY (EXEMPT) THE UNIVERSITY OF ALABAMA IN HUNTSVILLE (EXEMPT) -THE UNIVERSITY OF ALABAMA IN HUNTSVILLE FOUNDATION (EXEMPT) -THE UNIVERSITY OF ALABAMA IN HUNTSVILLE ALUMNI FOUNDATION (EXEMPT) -THE UNIVERSITY OF ALABAMA IN HUNTSVILLE EMINENT SCHOLARS FOUNDATION (EXEMPT) -PHILIP B. WIND CHARITABLE TRUST (EXEMPT) THE UAB HEALTH SYSTEM (EXEMPT) -UAB HEALTH SYSTEM MANAGEMENT, INC. (C CORP) -THE UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION (EXEMPT) -THE EYE FOUNDATION (EXEMPT) -UNIVERSITY OF ALABAMA OPHTHALMOLOGY SERVICES FOUNDATION (EXEMPT) -VALLEY FOUNDATION (EXEMPT) -THE UAB CALLAHAN EYE HOSPITAL AUTHORITY (EXEMPT) -THE HEALTH CARE AUTHORITY FOR MEDICAL WEST (EXEMPT) -THE HEALTH CARE AUTHORITY FOR BAPTIST HEALTH (EXEMPT) -TRITON HEALTH SYSTEM (LLC)