2017-11-14T16:48:46-06:00 2017-06-30 300038643 VARNEY & ASSOCIATES CPAS LLC 120 NORTH JULIETTE MANHATTAN KS 665026092 990 2016-07-01 486106237 KANSAS STATE UNIVERSITY RESEARCH FOUNDATION KANS 7855325720 2005 RESEARCH PARK CIRCLE NO 105 MANHATTAN KS 66502 CINDY BONTRAGER TREASURER 7855325720 2017-11-03 1 MICHELLE R CROW P00249476 7855372202 70.184.233.175 2017-11-03 11:10:26 CD P 1A735CD3651B28D620A1BC4BAB67BA1DD16B13BC AA52542C3EBA8D334215C3966E2FE0A89C552040 2016 2021-01-29 14:40:06Z PETER DORHOUT 2005 RESEARCH PARK CIRCLE NO 105 MANHATTAN KS 66502 3231343 0 X WWW.K-STATE.EDU/TECH.TRANSFER X 1942 KS TO PROMOTE, ENCOURAGE, & AID SCIENTIFIC INVESTIGATION, RESEARCH & TECHNOLOGY TRANSFER AT K-STATE 10 5 0 0 0 0 0 0 1399931 3109782 74517 69598 0 0 1474448 3179380 20000 165000 0 0 144228 373242 0 0 0 1304202 2778927 1468430 3317169 6018 -137789 4925254 5145342 1319862 1597053 3605392 3548289 TO PROMOTE, ENCOURAGE AND AID SCIENTIFIC INVESTIGATION, RESEARCH AND TECHNOLOGY TRANSFER AT KANSAS STATE UNIVERSITY 0 0 401906 138813 NEW PATENTS AND MAINTENANCE OF OLD PATENTS 2049068 2666892 ROYALTY SHARES 355510 165000 252114 355510 165000 252114 2806484 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 86 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 5 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 KS X TRESA LANDIS 7855325720 2005 RESEARCH PARK CIRCLE STE 105 MANHATTAN KS 66502 PETER DORHOUT CHAIR 1.00 X X 0 318620 31702 CINDY BONTRAGER TREASURER 1.00 X X 0 235000 29152 ERNIE MINTON SECRETARY 1.00 X X 0 202431 26384 JOHN KUENZI VICE CHAIR 1.00 X X 0 0 0 LAFE BAILEY BOARD MEMBER 1.00 X 0 0 0 BART FISHER BOARD MEMBER 1.00 X 0 0 0 MIKE GREIM BOARD MEMBER 1.00 X 0 0 0 RICHARD HESSE BOARD MEMBER 1.00 X 0 172473 20933 GARY PIERZYNSKI BOARD MEMBER 1.00 X 0 212107 27206 SYLVIA WHITE ROBINSON BOARD MEMBER 1.00 X 0 0 0 CHRIS BRANDT PRESIDENT/CEO 40.00 X 0 151779 12724 0 1292410 148101 0 0 1 0 HOVEY WILLIAMS 10801 MASTIN BLVD STE 1000 OVERLAND PARK KS 66210 LEGAL SERVICES 283177 KSU-IC 2005 RESEARCH PARK CIRCLE MANHATTAN KS 66502 MARKETING, RENT AND ROYALTIES 181144 2 ROYALTIES 541700 2666892 2666892 OTHER 541700 169077 169077 RESEARCH AGREEMENTS 541700 135000 135000 LEGAL REIMBURSEMENTS 541700 115663 115663 MAINTENANCE FEE REIMBU 541700 23150 23150 3109782 121561 121561 43007 8956 -43007 -8956 -51963 -51963 3179380 3057819 0 121561 165000 165000 373242 373242 55000 55000 6750 6750 3225 3225 13552 13552 4329 4329 5150 5150 7260 7260 8755 8755 5640 5640 3227 3227 6326 6326 1882 1882 ROYALTIES 2049068 2049068 PATENT PROSECUTION 401906 401906 MISCELLANEOUS 190510 190510 INTERN PROGRAM 12052 12052 4295 4295 3317169 2806484 510685 0 688223 476616 46515 150436 90125 115124 1815 1815 31181 27336 4451 3845 4052646 4358594 25777 12000 15702 26912 4925254 5145342 139559 241103 1180303 1355950 1319862 1597053 X 3605392 3548289 3605392 3548289 4925254 5145342 -137789 80686 0 X X 0 1 X 1 0 X X 1 KANSAS STATE UNIVERSITY 480771751 5 1 1375549 0 1 1375549 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3 THE KANSAS STATE UNIVERSITY VICE-PRESIDENT FOR ADMINISTRATION AND FINANCE IS AN EX OFFICIO MEMBER OF THE KANSAS STATE UNIVERSITY RESEARCH FOUNDATION BOARD OF DIRECTORS. THIS INDIVIDUAL HOLDS THE OFFICE OF TREASURER OF THE KANSAS STATE UNIVERSITY RESEARCH FOUNDATION BOARD AND SERVES ON THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS AUTHORIZED TO MAKE DECISIONS REGARDING ALL FINANCIAL ACCOUNTS AND INSTRUMENTS OF THE ORGANIZATION. THE INDIVIDUAL OVERSEES THE MANAGEMENT OF INVESTED FUNDS, MEETS REGULARLY WITH FUND MANAGERS AND ENSURES KANSAS STATE UNIVERSITY RESEARCH FOUNDATION'S INVESTMENT POLICIES ARE FOLLOWED. FURTHER, INDIVIDUAL CONSIDERS INITIATIVES TO BE SUPPORTED BY KANSAS STATE UNIVERSITY RESEARCH FOUNDATION AND MAKES RECOMMENDATIONS OF THE SAME TO THE BOARD. PART IV, SECTION E, LINE 2A THE SUPPORTED ORGANIZATION IS KANSAS STATE UNIVERSITY (KSU). KANSAS STATE UNIVERSITY RESEARCH FOUNDATION (KSURF) IS RESPONSIBLE FOR MANAGING THE TECHNOLOGY TRANSFER ACTIVITIES OF KSU UNDER AN OPERATING AGREEMENT BETWEEN THE TWO ENTITIES. KSURF WAS ESTABLISHED TO PROMOTE, ENCOURAGE AND AID SCIENTIFIC RESEARCH AT KSU AND TO PROVIDE THE MEANS, METHODS AND AGENCIES BY WHICH INVENTIONS AND DISCOVERIES AT KSU MAY BE PATENTED, COMMERCIALIZED OR OTHERWISE UTILIZED FOR THE BENEFIT OF KSU AND ITS FACULTY, STAFF, ALUMNI AND STUDENTS. PART IV, SECTION E, LINE 2B TECHNOLOGY TRANSFER IS CLOSELY LINKED TO FUNDAMENTAL RESEARCH ACTIVITIES IN UNIVERSITIES. UNDER THE BAYH-DOLE ACT OF 1980, UNIVERSITIES HAVE THE ABILITY TO RETAIN TITLE TO AND PROMOTE THE COMMERCIALIZATION OF INVENTIONS DEVELOPED UNDER GOVERNMENT FUNDING. WITH THIS ELECTION, UNIVERSITIES ARE REQUIRED TO PROPERLY MANAGE THE INVENTIONS INCLUDING REPORTING REQUIREMENTS, FILING PATENTS, MARKETING AND LICENSING THE INVENTION AND DISTRIBUTING RETURNS. THE REQUIREMENTS NECESSARY TO ADHERE TO THE BAYH-DOLE ACT ARE CONTRACTED TO KANSAS STATE UNIVERSITY RESEARCH FOUNDATION BY KSU. IF THE KANSAS STATE UNIVERSITY RESEARCH FOUNDATION DID NOT EXIST, KSU WOULD STILL BE REQUIRED TO CONFORM TO THESE REQUIREMENTS. 31181 27336 3845 3845 AMOUNTS HELD FOR OTHERS 1310210 F INVESTMENTS-KSURF 2973890 F EQUITY INVESTMENTS 74494 C 4358594 AMOUNTS HELD FOR OTHERS 1310210 INVESTMENT SHARES PAYABLE 45740 1355950 X 3300134 80686 80686 3219448 3225 -43293 -40068 3179380 3357237 43293 43293 3313944 3225 3225 3317169 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FOR EACH OF THE YEARS ENDED JUNE 30, 2017 AND 2016, THE FOUNDATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION RETURNS (FORM 990) FOR 2016 AND 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. NO TAXING AUTHORITIES HAVE COMMENCED INCOME TAX EXAMINATIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON INVESTMENT -34,337. LOSS ON DISPOSAL OF ASSETS -8,956. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON INVESTMENT 34,337. LOSS ON DISPOSAL OF INVESTMENTS 8,956. 1 KANSAS STATE UNIVERSITY 105 ANDERSON HALL MANHATTAN KS 66502 480771751 30000 GRANTS WERE ISSUED TO ASSIST IN RESEARCH AT KANSAS STATE UNIVERSITY GRANTS ISSUED TO ASSIST IN RESEARCH AT KSU-IC PART I, LINE 2: THE RESEARCH AWARDS ARE SELECTED BY THE KANSAS STATE UNIVERSITY RESEARCH FOUNDATION IN SUPPORT OF PATENTED TECHNOLOGIES REQUIRING ADDITIONAL TESTING OR EXPERIMENTATION. THE FUNDS ARE DEPOSITED INTO A RESTRICTED FEES ACCOUNT. THE FUNDS ARE TRACKED IN A SEPARATE GL ACCOUNT FOR THE RESERVE AND THIS IS WEHRE THE DETAIL OF USE OF THE FUNDS IS TRACKED. X 0 0 0 0 0 0 0 0 0 PETER DORHOUT CHAIR 0 317994 0 626 0 0 0 22525 0 9177 0 350322 0 0 CINDY BONTRAGER TREASURER 0 235000 0 0 0 0 0 19975 0 9177 0 264152 0 0 ERNIE MINTON SECRETARY 0 202431 0 0 0 0 0 17207 0 9177 0 228815 0 0 RICHARD HESSE BOARD MEMBER 0 172473 0 0 0 0 0 14660 0 6273 0 193406 0 0 GARY PIERZYNSKI BOARD MEMBER 0 212107 0 0 0 0 0 18029 0 9177 0 239313 0 0 CHRIS BRANDT PRESIDENT/CEO 0 151779 0 0 0 0 0 3547 0 9177 0 164503 0 0 KSU-IC ONE MEMBER IN COMMON ON BOTH KSURF AND KSU-IC BOARDS 181144 ROYALTIES, RENT AND MANAGEMENT 1 KANSAS WHEAT ALLIANCE TWO KSURF EXECUTIVE COMMITTEE MEMBERS ARE ALSO KWA BOARD MEMBERS 244972 ROYALTY REVENUE IS RECEIVED AS A RESULT OF BEING A LICENSEE, SOME OF WHICH REIMBURSES PREVIOUS LEGAL EXPENSES. 1 FORM 990, PART VI, SECTION A, LINE 4 KSURF AMENDED AND RESTATED ITS ARTICLES OF INCORPORATION AND BYLAWS EFFECTIVE 7/1/16 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS ONE VOTING MEMBER WHICH IS KANSAS STATE UNIVERSITY FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBER IS KANSAS STATE UNIVERSITY. MEMBERS OF THE GOVERNING BODY HAVE THE AUTHORITY TO ELECT NEW BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE VOTING MEMBER'S APPROVAL IS REQUIRED TO 1)REMOVE A BOARD MEMBER, 2)REVOKE OR AMEND THE BYLAWS AND 3)REVOKE OR AMEND THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 WILL BE EMAILED TO EACH BOARD MEMBER PRIOR TO FILING AND THE EXECUTIVE COMMITTEE WILL INDICATE APPROVAL AT THEIR NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 12C GOVERNING DOCUMENTS, DIRECTOR AND OFFICER ANNUAL CONFLICT OF INTEREST STATEMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE EMPLOYEE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE KANSAS STATE UNIVERSITY WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE KANSAS STATE UNIVERSITY WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS SELECTS THE INDEPENDENT AUDITOR. NO CHANGE FROM PRIOR YEARS. KANSAS STATE UNIVERSITY 110 ANDERSON HALL MANHATTAN KS 66506 480771751 HIGHER EDUCATION KS 0 KANSAS STATE UNIVERSITY INSTITUTE FOR COMMERCIALIZATION 2005 RESEARCH PARK CIRCLE MANHATTAN KS 66502 481150841 MARKETING INTELLECTUAL PROPERTY, ECONOMIC DEVELOPMENT RESULTING IN NEW JOBS KS 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 0 KANSAS STATE UNIVERSITY P 380800 KSU-IC K 6846 KSU-IC M 50000 KSU-IC R 122843 KSU-IC N 1455 KANSAS STATE UNIVERSITY R 1250314