2016-11-15T14:10:53-06:00 2016-06-30 KPMG LLP 300 North Greene Street Suite 400 Greensboro NC 27401 990 2015-07-01 586033837 THE UNIVERSITY OF GEORGIA FOUNDATION % BRANDON SCOTT UNIV 7065426677 394 SOUTH MILLEDGE AVE Suite 100 ATHENS GA 30602 BRANDON SCOTT INTERIM CFO 7045426677 2016-11-15 true ALLISON H FRANKLIN P00448640 3362753394 2016-11-11 2015 2017-02-10 21:41:12Z BRANDON SCOTT 394 SOUTH MILLEDGE AVE ATHENS GA 30602 197836170 false X WWW.UGAFOUNDATION.ORG X 1937 GA TO SUPPORT THE UNIVERSITY OF GEORGIA 45 42 0 49 -706270 -747180 73213395 92833374 1052393 1871843 46988784 15955928 5267053 6502328 126521625 117163473 53342862 50859549 0 0 0 0 0 0 2710577 16000301 20566904 69343163 71426453 57178462 45737020 1046965721 1068119241 86220681 91926035 960745040 976193206 TO SUPPORT THE UNIVERSITY OF GEORGIA false false 63272291 50859549 5288713 The University of Georgia Foundation ("The Foundation") was chartered in 1937 to establish and maintain endowments for the support of the academic programs of the University of Georgia. 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1738001 70849044 577409 577409 71426453 PART II, LINE 9 CONSERVATION EASEMENT The Foundation holds one conservation easement. The perpetual conservation easement consists of 111.584 acres located in Madison County, Georgia. The purposes of the conservation easement are to preserve and protect the conservation values of the property and to maintain permanently the dominant woodland, scenic, open and natural character of the property, including land and water resources; to protect plants and animals and plant and animal communities on or affected by the property's management; and to prevent any use of the property that will significantly impair or interfere with the conservation values or interests of the property. PART III, LINE 4 ORGANIZATION'S ART COLLECTIONS Works of Art recorded on the UGA Foundation's balance sheet are maintained by the University of Georgia's, Georgia Museum of Art, the official collector and keeper of important works of art for the University, to care and use the work for museum purposes. The museum maintains and manages a permanent collection of art. Works not meeting Museum standards may still be determined of value to the University for decorative, instructional or resale purposes. All works of Art are held for further benefit of the University. PART V, LINE 4 ENDOWMENT FUNDS The Endowments are maintained to support the academic purposes of the University of Georgia, including scholarships, fellowships, awards, lectureships, research, training and professorships. PART X, LINE 2 FIN 48 (ASC 740) DISCLOSURE The Foundation is exempt from federal income taxes under Internal Revenue Code (IRC) Section 501(a) as a nonprofit organization described in IRC Section 501(c)(3). The Internal Revenue Service has determined that the Foundation is not a private foundation under Section 509(a) of the IRC. The Foundation is subject to federal income tax on unrelated business income. The Foundation does not have any material unrecognized tax positions that should be recognized in the consolidated financial statements for 2016 and 2015. PART XI, LINE 2D CHANGE IN VALUE OF ANNUITIES (661,746) CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 154,590 CHANGE IN FAIR VALUE OF DERIVATIVES (1,797,105) CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST (442,722) FUNDRAISING EXPENSES RECLASS 557,174 INCOME FROM SUBSIDIARY 1,361,087 UNRELATED BUSINESS INCOME TAX RECLASS (316,340) TOTAL (1,145,062) PART XII, LINE 2D EXPENSE FROM SUBSIDIARY 1,497,167 FUNDRAISING EXPENSE RECLASS 557,174 UNRELATED BUSINESS INCOME TAX RECLASS (316,340) TOTAL 1,738,001 true Central America and the Caribbean 1 36 Program Services SUPPORT ACADEMIC PRGMS 1497167 1 36 1 36 1497167 1497167 Central America and the Caribbean ACADEMIC PROGRAM SUPPORT 91153 WIRE TRANSFE N/A N/A true false true true true false PART I, LINE 2 MONITORING THE USE OF GRANT FUNDS THE GRANT MADE BY THE UNIVERSITY OF GEORGIA FOUNDATION WAS MADE TO UGA ECOLODGE AND RESEARCH STATION, S.A., A WHOLLY OWNED FOREIGN CORPORATION. THE UNIVERSITY OF GEORGIA FOUNDATION EXPECTS THE FUNDS TO BE USED FOR THE UNIVERSITY'S STUDY ABROAD PROGRAM, AND AS SUCH, SUBSEQUENTLY MONITORS THE GRANT. false GALA 481863 237460 244403 69217 164221 DINNER 403680 348100 55580 15417 93725 15 742320 547003 195317 16504 198090 1627863 1132563 495300 101138 456036 557174 -61874 false THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 GOV'T 42817776 N/A N/A SCHOLARSHIPS & OTHER SUPPORT NATIONAL MERIT SCHOLARSHIP PO BOX 99389 CHICAGO IL 60693 362307745 501(C)(3) 79750 N/A N/A SCHOLARSHIPS UGA ATHLETIC ASSOCIATION 1 SELIG CIRCLE BUTTS MEHRE BUILDIN ATHENS GA 30602 580652581 501(C)(3) 4785252 N/A N/A SCHOLARSHIPS & CONSTRUCTION UGA REAL ESTATE FOUNDATION 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 501(C)(3) 3085618 N/A N/A CONSTRUCTION PROJECTS 4 0 PART I, QUESTION 2 MONITORING THE USE OF GRANT FUNDS The grNnts made by the University of Georgia Foundation were made to the University of Georgia, related organizations and public charities for use in their exempt mission. Accordingly, the University of Georgia Foundation expects the recipients to use the funds for proper purposes, and as such, does not subsequently monitor the grants. X true true false true false false false false false false false CYNTHIA COYLE EXECUTIVE DIRECTOR & CFO 0 235157 0 0 0 394 0 32916 0 9862 0 278329 0 0 KELLY KERNER EX-OFFICIO TRUSTEE 0 331745 0 0 0 2783 0 24486 0 24216 0 383230 0 0 JERE W MOREHEAD EX-OFFICIO TRUSTEE 0 603707 0 0 0 24448 0 277581 0 7449 0 913185 0 0 DAVID SHIPLEY EX-OFFICIO TRUSTEE 0 282380 0 0 0 0 0 24486 0 17176 0 324042 0 0 SCHEDULE J, PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES THE UNIVERSITY OF GEORGIA FOUNDATION PROVIDES CERTAIN EXECUTIVES WITH TAXABLE COMPENSATION TO REIMBURSE THE EXPENSE OF MEMBERSHIP DUES AND APPROPRIATE INITIATION FEES FOR A SOCIAL OR COUNTRY CLUB USED FOR THE UNIVERSITY OF GEORGIA FOUNDATION BUSINESS ENTERTAINMENT PURPOSES. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN JERE MOREHEAD RECEIVED $245,447 FROM A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN, PAID BY THE UNIVERSITY OF GEORGIA, A RELATED ORGANIZATION. X 1 5000 APPRAISAL X 190 16548079 FMV X HORSES 6 409999 APPRAISAL X LIFE INSURANCE 1 37140 CSV false true true SCHEDULE M, LINE 31 The organization has a gift acceptance committee and policy. The committee reviews any non-standard contribution that the organization accepts. SCHEDULE M, LINE 32B The University of Georgia Foundation utilizes Merrill Lynch as a broker to sell publicly traded securities. FORM 990, PART VI, SECTION B, LINE 11 A copy of the finalized Form 990 was submitted to each member of the governing body via secure email for their review before filing. FORM 990, PART VI, SECTION B, LINE 12C Officers, Directors and Trustees must fill out an annual disclosure of interests which is reviewed by the University of Georgia Foundation Audit Committee. FORM 990, PART VI, SECTION B, LINE 15 The University of Georgia Foundation does not have any employees. There is an administrative services agreement between the University of Georgia and The University of Georgia Foundation. Individuals who provide services to the Foundation are employees of the University of Georgia. The University of Georgia reviews performance and establishes compensation that follows University policies. FORM 990, PART VI, SECTION C, LINE 19 Organization documents are available on the website and upon request. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF ANNUITIES (661,746) CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 154,590 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERP. TRUST (442,722) CHANGE IN FMV OF DERIVATIVE FINANCIAL INSTRUMENT (1,797,105) NET INCOME OF SUBSIDIARY (136,080) TOTAL (2,883,063) THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 PUBLIC UNIVER GA NA false UGA ATHLETIC ASSOCIATION 1 SELIG CIRCLE ATHENS GA 30602 580652518 SUPPORT UGA GA 501(C)(3) 5 UGA false UGA RESEARCH FOUNDATION 200 DW BROOKS DRIVE ATHENS GA 30602 581353149 SUPPORT UGA GA 501(C)(3) 7 NA false UGA REAL ESTATE FOUNDATION 229 COLLEGE AVE SUITE 200 ATHENS GA 30601 582491922 SUPPORT UGA GA 501(C)(3) 11e UGA RESEARCH false UGA ECOLODGE AND RESEARCH STATION SA SANTA ELENA DE MONTEVERDE PUNTARENAS COSTA RICA CS SEE PART VII CS UGA FOUNDATION C CORP -136080 2792022 1.00000 true false true true false false false false false true false false false true true false false true false UNIVERSITY OF GEORGIA B 42817776 CASH UGA ATHLETIC ASSOCIATION B 4785252 CASH UGA REAL ESTATE FOUNDATION B 3085618 CASH UNIVERSITY OF GEORGIA R 4976812 CASH UNIVERSITY OF GEORGIA J 1066187 RENT REVENUE UGA ATHLETIC ASSOCIATION C 4121382 CASH UGA ATHLETIC ASSOCIATION R 1388710 CASH & PROPERTY UGA RESEARCH FOUNDATION C 1320 CASH UGA ECOLODGE SAN LUIS & RESEARCH STATION B 91153 CASH PART IV, LINE 1 MANAGE COSTA RICA STUDY ABROAD PROGRAM & SUPPORT RESEARCH.