2016-05-16T11:10:54-05:00 2015-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PLACE GAINESVILLE FL 326072063 990 2014-07-01 593211153 FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC FLOR 8506448650 2000 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 DAVID O'KEEFE ASSISTANT DIRECTOR 8506448650 2016-05-16 1 KEN KURDZIEL P00060407 3523781331 2016-05-13 2014 2016-08-17 19:52:53Z GARY OSTRANDER 2000 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 24879516 0 X WWW.RESEARCH.FSU.EDU X 1993 FL TO PROMOTE, ENCOURAGE, AND ASSIST THE RESEARCH AND TRAINING IN ACTIVITIES OF FACULTY, STAFF, AND STUDENTS OF FLORIDA STATE UNIVERSITY (FSU) THROUGH INCOME FROM CONTRACTS, GRANTS, AND OTHER SOURCES. 9 4 0 0 0 0 0 0 13459951 13302442 2911305 9089647 10171 12074 16381427 22404163 1002717 8673846 0 0 529090 554434 0 0 0 13060220 3349230 14592027 12577510 1789400 9826653 141469662 145497175 28991847 29047497 112477815 116449678 X TO PROMOTE, ENCOURAGE AND FACILITATE THE RESEARCH AND TRAINING ACTIVITIES OF FACULTY, STAFF AND STUDENTS OF THE FLORIDA STATE UNIVERSITY THROUGH INCOME FROM CONTRACTS, GRANTS AND OTHER SOURCES. 0 0 8673846 8673846 9254434 THE RESEARCH FOUNDATION ACCEPTS AND ADMINISTERS CONTRACTS AND GRANTS FROM PRIVATE SOURCES, (I.E. NON-U.S. FEDERAL, STATE AND LOCAL GOVERNMENTAL ENTITIES), WHICH ARE USED IN SUPPORT OF RESEARCH AT THE FLORIDA STATE UNIVERSITY. THE RESEARCH FOUNDATION PROCESSED 245 PROPOSALS AND 146 AWARDS IN THE CURRENT YEAR. 1695474 3315027 THE RESEARCH FOUNDATION OPERATES EIGHT BUILDINGS WITH THE OBJECTIVE OF PROVIDING RESEARCH FACILITIES FOR FLORIDA STATE UNIVERSITY TENANTS TO PERFORM RESEARCH. 1531179 732981 ADMINISTERING INCOME FROM RESEARCH/ROYALTY CONTRACTS RECEIVED BY UNIVERSITY DEPARTMENTS AND LICENSING OR OTHER CONTRACTUAL ARRANGEMENTS RELATED TO PATENTABLE PRODUCTS DEVELOPED BY FLORIDA STATE UNIVERSITY FACULTY, STAFF, AND STUDENTS. 1531179 732981 11900499 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 118 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DAVID O'KEEFE 8506443985 2000 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 JOHN THRASHER DIRECTOR 1.00 40.00 X 0 49263 13775 SALLY MCRORIE DIRECTOR 1.00 40.00 X 0 276899 29124 KYLE CLARK DIRECTOR 1.00 40.00 X 0 319286 41810 SAM HUCKABA DIRECTOR 1.00 40.00 X 0 242039 36835 GARY K OSTRANDER PRESIDENT 15.00 40.00 X X 0 297793 49827 JOSEPH W LANDERS DIRECTOR 1.00 X 0 0 0 KAY STEPHENSON DIRECTOR 1.00 X 0 0 0 KIM WILLIAMS DIRECTOR 1.00 X 0 0 0 RICARDO SCHNEIDER DIRECTOR 1.00 X 0 0 0 ROSS ELLINGTON VICE PRESIDENT 3.00 40.00 X 0 203847 32484 KELLY STARKE SECRETARY 5.00 40.00 X 0 55697 23027 BILL SWEENEY TREASURER 35.00 40.00 X 0 129591 9588 HOLLY NEWELL CFO 40.00 X 0 87574 30619 THOMAS WETHERELL FORMER DIRECTOR 0.00 40.00 X 0 308201 28226 LAWRENCE ABELE FORMER DIRECTOR 0.00 40.00 X 0 100870 25569 ERIC BARRON FORMER DIRECTOR 0.00 40.00 X 0 217943 38974 GARNETT STOKES FORMER DIRECTOR 0.00 40.00 X 0 422467 25537 DAVID COBURN FORMER DIRECTOR 0.00 40.00 X 0 34483 4070 RAYMOND BYE FORMER DIRECTOR 0.00 40.00 X 0 147451 8552 0 2893404 398017 0 1 1 0 SUTHERLAND ASBILL & BRENNAN LLP 999 PEACHTREE STREET NE ATLANTA GA 303093996 LEGAL-PATENT AND COPYRIGHT 483765 WILSON ARCHITECTS 374 CONGRESS STREET SUITE 400 BOSTON MA 02210 ARCHITECTURE 433386 ALCHEMY-PARTNERS PC 5885 TRINITY PARKWAY SUITE 370 CENTREVILLE VA 20120 LEGAL-PATENT AND COPYRIGHT 395644 SMITH & HOPEN PA 180 PINE AVENUE N OLDSMAR FL 34677 LEGAL-PATENT AND COPYRIGHT 225195 NOWAK DRUCE 1007 NORTH ORANGE ST WASHINGTON DC DC 20001 LEGAL-PATENT AND COPYRIGHT 130202 5 CONTRACTS AND GRANTS 900099 9254434 9254434 RENTAL REVENUE 532000 3315027 3315027 LICENSING FEES & ROYALTIES 900099 732981 732981 13302442 11565000 2475353 9089647 9089647 9089647 MISCELLANEOUS INCOME 900099 12074 12074 12074 22404163 13302442 0 9101721 8587167 8587167 86679 86679 121143 121143 397961 397961 35330 35330 23450 23450 86727 86727 12400 12400 RENTAL EXPENSES 1695474 1695474 PATENT & LICENSING COST 1110228 1110228 ROYALTY ALLOCATIONS 420951 420951 12577510 11900499 677011 0 120368376 119486772 1037674 1351059 22932 1000000 93624 123703 27944305 10102469 17271885 17841836 261432 2436671 5670873 141469662 145497175 398193 211723 9557997 10796989 19035657 18038785 28991847 29047497 X 112477815 116449678 0 0 0 0 112477815 116449678 141469662 145497175 X 9826653 -5801215 -53575 X X 0 1 X 1 0 X X X 1 FLORIDA STATE UNIVERSITY 591961248 2 1 10790271 0 1 10790271 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1326654 1326654 26617651 10102469 16515182 17841836 INVENTORS ALLOCATIONS PAYABLE 321606 INVENTORS DPTMT ALLOCATIONS PAYABLE 1427610 DUE TO FLORIDA STATE UNIVERSITY 4378109 OBLIGATIONS UNDER CAPITAL LEASE 10600000 GIFT ANNUITY OBLIGATION 258360 UNAMORTIZED PREMIUM 1053100 18038785 X 16602948 -5801215 -5801215 22404163 0 22404163 12631085 53575 53575 12577510 0 12577510 PART X, LINE 2: PURSUANT TO A DETERMINATION LETTER RECEIVED FROM THE INTERNAL REVENUE SERVICE, THE RESEARCH FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND AS SUCH IS LIABLE FOR TAX ONLY ON BUSINESS INCOME UNRELATED TO THE PURPOSE FOR WHICH IT IS EXEMPT. NO PROVISION FOR INCOME TAX EXPENSE OR LIABILITY HAS BEEN MADE IN EITHER YEAR PRESENTED. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ANNUITY VALUE, REPORTED ON 990 PART XII 53,575. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ARCHAELOGICAL DIG 13077 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES SOCIAL ENTREPRENEUR COMPETITION 38000 SOUTH ASIA 0 0 PROGRAM SERVICES SOCIAL ENTERPRENEUR COMPETITION 5000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SOCIAL ENTREPRENEUR COMPETITION 30602 0 0 0 0 0 0 86679 0 86679 0 0 0 0 0 0 PART I, LINE 2: FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION HAS AN INTERNAL GRANTS DEPARTMENT THAT REVIEWS THE CONTRACTS AND GRANTS FOR COMPLIANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES AND SPONSOR GUIDELINES. SCHEDULE F, PART I, LINE 3 PART I, LINE 3, THE EXPENSES REPORTED MAY INCLUDE BOTH FOREIGN AND DOMESTIC ACTIVITY. 1 FLORIDA STATE UNIVERSITY 600 W COLLEGE AVENUE TALLAHASSEE FL 32306 591961248 115 8587167 RESEARCH 1 PART I, LINE 2: FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION HAS AN INTERNAL GRANTS DEPARTMENT THAT REVIEWS THE CONTRACTS AND GRANTS FOR COMPLIANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES AND SPONSOR GUIDELINES. X X X 0 0 0 0 0 0 0 0 0 SALLY MCRORIE DIRECTOR 0 225975 0 199 0 50725 0 20899 0 8225 0 306023 0 0 KYLE CLARK DIRECTOR 0 310466 0 0 0 8820 0 23433 0 18377 0 361096 0 0 SAM HUCKABA DIRECTOR 0 241840 0 199 0 0 0 18432 0 18403 0 278874 0 0 GARY K OSTRANDER PRESIDENT 0 297474 0 199 0 120 0 28624 0 21203 0 347620 0 0 ROSS ELLINGTON VICE PRESIDENT 0 188706 0 199 0 14942 0 14778 0 17706 0 236331 0 0 THOMAS WETHERELL FORMER DIRECTOR 0 308002 0 199 0 0 0 11073 0 17153 0 336427 0 0 LAWRENCE ABELE FORMER DIRECTOR 0 100804 0 66 0 0 0 7775 0 17794 0 126439 0 0 ERIC BARRON FORMER DIRECTOR 0 119981 0 0 0 97962 0 18662 0 20312 0 256917 0 0 GARNETT STOKES FORMER DIRECTOR 0 343708 0 199 0 78560 0 23264 0 2273 0 448004 0 0 DAVID COBURN FORMER DIRECTOR 0 17910 0 0 0 16573 0 4065 0 5 0 38553 0 0 RAYMOND BYE FORMER DIRECTOR 0 84891 0 0 0 62560 0 8211 0 341 0 156003 0 0 A STATE OF FLORIDA 593211153 2013-01-01 11920000 RESEARCH 0 0 0 A 1320000 11920000 11920000 1 0 1 1 A 0 0 0 1 1 0.03460 0.03460 0 0 0 A 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE DIRECTOR AND ASSISTANT DIRECTOR. ANY ISSUES OR QUESTIONS ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. UPON THE APPROVAL OF DIRECTOR, THE RETURN IS PROVIDED TO THE BOARD BEFORE THE RETURN IS FILED WITH THE IRS. DISTRIBUTION TO ALL BOARD MEMBERS MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION OF A LINK TO A WEBSITE OR ACTUAL MAILING OF THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. ANY KNOWN OR POTENTIAL CONFLICTS ARE DISCUSSED AND RESOLVED WITH THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A ALL SALARIES ARE IN A PAYBAND BASED ON POSITION LEVEL. THE CFO HAS AN ANNUAL WRITTEN CONTRACT WITH FSU. THE ORIGINAL SALARY WAS SET BY THE PRESIDENT OF FSU RESEARCH FOUNDATION, AND THE ASSOCIATE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION FOR FSU. SUBSEQUENT TO THAT, THERE IS AN ANNUAL REVIEW. SALARY INCREASES ARE PROVIDED WHEN THE STATE GIVES RAISES, AND WHEN APPROVED BY THE PRESIDENT. THE MOST RECENT COMPENSATION COMPARISON WAS CONDUCTED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, BYLAWS AND ARTICLES OF INCORPORATION ARE AVAIALBLE ON THE WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN ANNUITY VALUE -53,575. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE SELECTION AND SUPERVISION OF THE ORGANIZATION'S INDEPENDENT AUDITOR HAS REMAINED CONSISTENT WITH THE PRIOR YEAR. FORM 990, PART V, LINE 2A PER IRC SECTION 3121, IF TWO OR MORE RELATED CORPORATIONS CONCURRENTLY EMPLOY THE SAME INDIVIDUAL AND COMPENSATE EACH INDIVIDUAL THROUGH A COMMON PAYMASTER EACH CORPORATION SHALL BE CONSIDERED TO HAVE PAID REMUNERATION TO SUCH INDIVIDUAL ONLY THE AMOUNTS ACTUALLY DISBURSED. FLORIDA STATE UNIVERSITY 600 W COLLEGE AVENUE TALLAHASSEE FL 32306 591961248 EDUCATION FL 115 N/A 0 CHIEFTAN INC 3012 WESTCOSTT NORTH ANNEX TALLAHASSEE FL 32306 473224768 RENTAL FL FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC C 1.00000 1 0 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 PART IV: DURING FISCAL YEAR 2015, THE RESEARCH FOUNDATION OBTAINED AN OWNERSHIP INTEREST IN CHIEFTAN, INC. CHIEFTAN, INC. WAS INCORPORATED IN FEBRUARY 2015 FOR THE PURPOSE OF OPEARTING THE CHIEFTAN GREEN APARTMENT COMPLEX. THE RESEARCH FOUNDATION OWNED 100% OF THE STOCK OF CHIEFTAN, INC. SUBSEQUENT TO JUNE 30, 2015, OWNERSHIP OF THE CHIEFTAN GREEN APARTMENT COMPLEX WAS TRANSFERRED TO THE RESEARCH FOUNDATION AND CHIEFTAN, INC. WAS DISSOLVED ON DECEMBER 31, 2015. THE TAX YEAR FOR CHEIFTAN, INC. WAS A CALENDAR YEAR ENDING ON DECEMBER 31, 2015, THEREFORE, THERE IS NO INCOME OR ASSETS TO REPORT IN PART IV, COLUMNS F AND G DUE TO THERE WAS NOT A TAX YEAR THAT ENDED WITH OR WITHIN THE TAX YEAR OF THE RESEARCH FOUNDATION.