2018-11-13T16:01:12-06:00 2018-06-30 560574444 CHERRY BEKAERT LLP 1029 GREENE STREET AUGUSTA GA 30901 990 2017-07-01 581353149 University of Georgia Research Foundation Inc UNIV 7065426860 456 East Broad Street Athens GA 30602 Ryan Nesbit Financial Vice President/Treasurer 2018-11-13 true Amanda M Adams P00748038 7067243557 2017 2019-02-21 02:37:17Z Ryan Nesbit 456 East Broad Street Athens GA 30602 228367151 false X research.uga.edu/ugarf X 1978 GA THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION OBTAINS GOVERNMENT AND PRIVATE RESEARCH GRANTS ON BEHALF OF THE UNIVERSITY OF GEORGIA. GRANTS ARE AWARDED TO FACULTY RESEARCHERS AT THE UNIVERSITY OF GEORGIA. 17 7 0 14 0 0 182409293 180061965 -44995 2343119 4203596 9331551 10915201 194083963 195135767 177729229 175675292 0 0 0 0 13099178 19696449 190828407 195371741 3255556 -235974 113585507 103317598 64068268 57489169 49517239 45828429 THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION (RESEARCH FOUNDATION) IS ORGANIZED TO FULFILL BROAD SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES AND OPERATES TO ENHANCE THE MISSION OF THE UNIVERSITY OF GEORGIA (UNIVERSITY) OF TEACHING, RESEARCH, AND PUBLIC SERVICE. THE RESEARCH FOUNDATION CONTRIBUTES TO THE RESEARCH FUNCTION OF THE UNIVERSITY BY SECURING RESEARCH CONTRACTS, GRANTS, AND AWARDS FROM INDIVIDUALS, INSTITUTIONS, PRIVATE ORGANIZATIONS, AND GOVERNMENT AGENCIES FOR THE PERFORMANCE OF SPONSORED RESEARCH IN THE VARIOUS UNIVERSITY COLLEGES, SCHOOLS, DEPARTMENTS, AND OTHER UNITS. IN THE INTELLECTUAL PROPERTY ADMINISTRATION AGREEMENT, THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA AUTHORIZED THE RESEARCH FOUNDATION TO SERVE AS THE OFFICIAL RECIPIENT OF ALL RESEARCH CONTRACTS, GRANTS, AND AWARDS FOR THE CONDUCT OF SPONSORED RESEARCH AT THE UNIVERSITY. false false 175675292 175675292 THE RESEARCH FOUNDATION CONTRIBUTES TO THE RESEARCH FUNCTION AT THE UNIVERSITY BY SECURING RESEARCH CONTRACTS, GRANTS, AND AWARDS FROM INDIVIDUALS, INSTITUTIONS, PRIVATE ORGANIZATIONS, AND GOVERNMENT AGENCIES FOR PERFORMANCE OF SPONSORED RESEARCH IN THE VARIOUS UNIVERSITY COLLEGES, SCHOOLS, DEPARTMENTS, AND OTHER UNITS. 19197074 232249 THE RESEARCH FOUNDATION DISTRIBUTES A PORTION OF LICENSING AND ROYALTIES REVENUE TO UNIVERSITY DEPARTMENTS AND PROGRAMS AND PROVIDES OTHER DIRECT SUPPORT FOR VARIOUS RESEARCH INITIATIVES AT THE UNIVERSITY. 194872366 true true false false false false false false false false true false false true true false true true false false true false false false false false false true false true false false false false false false false false false false false false false true true true true false true 163 0 true 0 false true VI CJ false false false false true false false false X 17 7 false false false false false true false true true false false true true true true true true false false false GA X X Chad Cleveland 7065426860 456 E Broad Street Athens GA 30602 JERE W MOREHEAD PRESIDENT/CHAIR 5.0 40.0 X X 0 633650 245161 PAMELA S WHITTEN VICE CHAIR 1.0 40.0 X X 0 419517 43807 DAVID C LEE EXECUTIVE VICE PRESIDENT 1.0 40.0 X X 0 299192 48010 RYAN A NESBIT FINANCIAL VP/TREASURER 1.0 40.0 X X 0 278533 70395 SONIA M ALTIZER DIRECTOR 1.0 40.0 X 0 131886 35490 N KIRBY ALTON DIRECTOR 1.0 1.0 X 0 0 0 JOSEF M BRODER DIRECTOR 1.0 40.0 X 0 217216 53120 CADER B COX DIRECTOR 1.0 1.0 X 0 0 0 CHRISTOPHER CUMMISKEY DIRECTOR 1.0 1.0 X 0 0 0 ALAN G DARVILL DIRECTOR 1.0 40.0 X 0 298059 44263 SYLVIA Q GIRAUDO DIRECTOR 1.0 40.0 X 0 80060 32580 C GREG GUYER DIRECTOR 1.0 1.0 X 0 0 0 SUSANNE HOLLINGER DIRECTOR 1.0 0.0 X 0 0 0 SAMANTHA B JOYE DIRECTOR 1.0 40.0 X 0 172523 42430 WILLIAM S KISAALITA DIRECTOR 1.0 40.0 X 0 124857 28357 F ABIT MASSEY DIRECTOR 1.0 1.0 X 0 0 0 GREGORY H ROBINSON DIRECTOR 1.0 40.0 X 0 361708 83509 SUSAN C WALTMAN DIRECTOR 1.0 0.0 X 0 0 0 JESSICA K ORBOCK SECRETARY 1.0 40.0 X 0 211860 20091 DEREK E EBERHART CHIEF LICENSING OFFICER 1.0 40.0 X 0 204467 28535 LIBBY V MORRIS FORMER VICE CHAIR 0.0 40.0 X 0 234499 53192 0 3668027 828940 0 true true false MUETING RAASCH & GEBHARDT PA 111 THIRD AVE S Suite 350 MINNEAPOLIS MN 55401 LEGAL FEES 792896 THOMAS HORSTEMEYER LLP 3200 Windy Hill Road SE Suite 1600E ATLANTA GA 303398590 LEGAL FEES 235151 2 180061965 180061965 LOSS FROM PASS THROUGH ENTITIES 900099 -44995 -44995 0 0 0 0 -44995 696625 696625 10562657 10562657 75300 0 75300 0 75300 75300 36723230 15125 33229013 2371 3494217 12754 3506971 3506971 PAYMENTS FROM AFFILIATES 900099 277244 277244 0 0 0 0 277244 195135767 232249 0 14841553 175675292 175675292 1058 1058 72000 72000 84772 84772 0 0 0 0 104674 104674 7969608 7969608 11340 11340 13090 13090 37213 37213 96945 96945 RESEARCH PROGRAM ENHANCEMENT 9846632 9846632 LICENSES AND INTELLECTUAL PROPERTY EXPENSE 1380834 1380834 78283 0 78283 0 195371741 194872366 499375 0 17571113 13267126 0 0 0 1249936 1142307 110000 107629 31144585 37057930 7529226 808506 754033 824360 56476550 51252047 113585507 103317598 1296742 1273341 6275 8420 0 62765251 56207408 64068268 57489169 X 49517239 45828429 49517239 45828429 113585507 103317598 -235974 -3452836 0 X false true X true true true X 139674036 147634867 160445433 182409293 180061965 810225594 0 0 139674036 147634867 160445433 182409293 180061965 810225594 0 810225594 10728252 8022623 10411542 9564789 11334582 50061788 0 0 0 0 0 0 0 860287382 2030124 0.9418 0.9398 X 107629 107629 1142307 1142307 0 107629 GRANTS, CONTRACTS AND ROYALTIES RECEIVABLE 30723081 FUNDS DEPOSITED WITH THE UNIVERSITY 19836301 ACCOUNTS RECEIVABLE FROM THE UNIVERSITY 692665 51252047 ADVANCED PAYMENTS ON CONTRACTS 19836301 ACCOUNTS PAYABLE - UNIVERSITY 36371107 56207408 191643154 -3452836 0 -3452836 195095990 84772 -44995 39777 195135767 195331964 44995 44995 195286969 84772 0 84772 195371741 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements LOSS FROM PASS THROUGH ENTITIES - -44995 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 LOSS FROM PASS THROUGH ENTITIES - 44995 Central America and the Caribbean 0 0 Investments 534000 0 0 0 0 0 0 534000 0 534000 false false true true true false true UNIVERSITY OF GEORGIA 456 E BROAD STREET ATHENS GA 30602 586001998 II5 (1) 175675292 0 FUNDS ARE PAID TO THE UNIVERSITY FOR EDUCATIONAL AND RESEARCH PURPOSES AND ACADEMIC SUPPORT. 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE UNIVERSITY HAS DESIGNED AND IMPLEMENTED INTERNAL CONTROLS OVER COMPLIANCE WITH GRANT REQUIREMENTS AND IS SUBJECT TO AN ANNUAL AUDIT WHICH TESTS IT'S INTERNAL CONTROLS OVER COMPLIANCE FOR FEDERAL GRANT REQUIREMENTS UNDER NEW UNIFORM GUIDANCE (UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS), FORMERLY OMB CIRCULAR A-133. false true false false false false false false false JERE W MOREHEAD PRESIDENT/CHAIR 0 609342 0 0 0 24308 0 236754 0 8407 0 878811 0 0 PAMELA S WHITTEN VICE CHAIR 0 395439 0 0 0 24078 0 24948 0 18859 0 463324 0 0 DAVID C LEE EXECUTIVE VICE PRESIDENT 0 294812 0 0 0 4380 0 24948 0 23062 0 347202 0 0 RYAN A NESBIT FINANCIAL VP/TREASURER 0 252930 0 0 0 25603 0 44739 0 25656 0 348928 0 0 SONIA M ALTIZER DIRECTOR 0 131886 0 0 0 0 0 12954 0 22536 0 167376 0 0 JOSEF M BRODER DIRECTOR 0 217216 0 0 0 0 0 34057 0 19063 0 270336 0 0 ALAN G DARVILL DIRECTOR 0 283059 0 0 0 15000 0 28080 0 16183 0 342322 0 0 SAMANTHA B JOYE DIRECTOR 0 172523 0 0 0 0 0 16915 0 25515 0 214953 0 0 WILLIAM S KISAALITA DIRECTOR 0 124857 0 0 0 0 0 12054 0 16303 0 153214 0 0 GREGORY H ROBINSON DIRECTOR 0 361518 0 0 0 190 0 57628 0 25881 0 445217 0 0 JESSICA K ORBOCK SECRETARY 0 197430 0 0 0 14430 0 19593 0 498 0 231951 0 0 DEREK E EBERHART CHIEF LICENSING OFFICER 0 204152 0 0 0 315 0 19219 0 9316 0 233002 0 0 LIBBY V MORRIS FORMER VICE CHAIR 0 234184 0 0 0 315 0 37293 0 15899 0 287691 0 0 Schedule J, Part I SCH J THE RESEARCH FOUNDATION HAS NO EMPLOYEES. OFFICERS AND SOME DIRECTORS OF THE RESEARCH FOUNDATION ARE EMPLOYED BY THE UNIVERSITY AND ARE COMPENSATED FOR THE ROLE PERFORMED FOR THE UNIVERSITY. OFFICERS OF THE RESEARCH FOUNDATION ARE ALSO OFFICERS OF THE UNIVERSITY WHICH IS THE SUBCONTRACTOR ON ALL SPONSORED RESEARCH RECEIVED BY THE RESEARCH FOUNDATION. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE PRESIDENT/CHAIR OF THE RESEARCH FOUNDATION IS PAID DIRECTLY BY THE UNIVERSITY FOR HIS ROLE AS PRESIDENT OF THE UNIVERSITY. THE UNIVERSITY SYSTEM OF GEORGIA BOARD OF REGENTS (BOARD) ESTABLISHES THE PRESIDENT'S ANNUAL COMPENSATION THROUGH THE USE OF A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND THE APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE COMPENSATION REPORTED IN PART II, COLUMN C INCLUDES DEFERRED COMPENSATION OF $204,014 PAID TO JERE W. MOREHEAD BY THE UNIVERSITY AS PART OF A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE RESEARCH FOUNDATION'S PRESIDENT, VICE CHAIR, EXECUTIVE VICE PRESIDENT AND FINANCIAL VICE PRESIDENT (ALL VOTING MEMBERS) ARE ELECTED OR APPOINTED AS EX-OFFICIO MEMBERS BY VIRTUE OF THEIR UNIVERSITY POSITION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UGA ALUMNI ASSOCIATION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UNIVERSITY COUNCIL. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UNIVERSITY OF GEORGIA FOUNDATION. FOUR VOTING MEMBERS ARE ELECTED BY VOTE OF THE RESEARCH FOUNDATION BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body IRS FORM 990 IS PROVIDED ELECTRONICALLY TO BOARD MEMBERS PRIOR TO THE FILING DEADLINE WITH SUFFICIENT LEAD-TIME TO ALLOW FOR REVIEW BY BOARD MEMBERS. Form 990, Part VI, Line 12c Conflict of interest policy BOARD MEMBERS OF THE RESEARCH FOUNDATION ARE GIVEN A FORM TO COMPLETE EACH YEAR REQUESTING DISCLOSURE OF ALL RELATED ENTITIES AND TRANSACTIONS. ANY CONFLICTS NOTED ARE DISCUSSED AND APPROPRIATE ACTION TAKEN, IF DEEMED NECESSARY. Form 990, Part VI, Line 18 How forms are made available to the public THE RESEARCH FOUNDATION'S FORM 1023 AND 990 CAN BE REQUESTED THROUGH AN ELECTRONIC REQUEST FORM ON THE RESEARCH FOUNDATION'S WEBSITE. Form 990, Part VI, Line 19 Required documents available to the public THE RESEARCH FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE RESEARCH FOUNDATION'S WEBSITE. UGA REAL ESTATE FOUNDATION INC 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 REAL ESTATE DEVELOPMENT GA 501(c)(3) Type I UNIVERSITY OF GEORGIA RESEARCH FOUNDATION true UNIVERSITY OF GEORGIA 456 E BROAD STREET ATHENS GA 30602 586001998 STATE UNIVERSITY - EDUCATION AND RESEARCH GA NA false false true false false false false false false false true false false true true true true false false true UNIVERSITY OF GEORGIA B 187612158 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA J 75300 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA P 13364056 PER FINANCIAL STATEMENT UGA REAL ESTATE FOUNDATION S 277244 PER FINANCIAL STATEMENT