2014-12-22T11:32:55-06:00 2012-06-30 560574444 CHERRY BEKAERT LLP 1029 GREENE STREET AUGUSTA GA 30901 990 2011-07-01 570750000 CLEMSON UNIVERSITY RESEARCH FOUNDATION CLEM 8646563630 PO BOX 946 CLEMSON SC 296330946 CHARLES TEGEN 8646563630 2014-12-18 1 ELIZABETH MORRISON P00231389 7067243557 2014-12-18 2011 2016-02-25 16:41:14Z X CHARLES TEGEN 391 COLLEGE AVE SUITE 401 CLEMSON SC 29631 13648443 0 X WWW.CLEMSON.EDU/CURF X 1982 SC TO SUPPORT RESEARCH, TECHNOLOGY TRANSFER, AND RELATED ACTIVITIES AT AND FOR THE BENEFIT OF CLEMSON UNIVERSITY. THE MISSION IS TO ADVANCE THE GENERATION AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY AT CLEMSON UNIVERSITY THROUGH SUPPORT OF RESEARCH, TECHNOLOGY TRANSFER, AND LICENSING ADMINISTRATION. 18 11 0 22 0 0 6262594 4564414 2509754 3762821 25812 15852 4671012 5305356 13469172 13648443 6398445 4838686 0 0 0 0 0 0 0 6087218 8136591 12485663 12975277 983509 673166 16781543 16547515 7177393 6270199 9604150 10277316 THE MISSION IS TO ADVANCE THE GENERATION AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY AT CLEMSON UNIVERSITY THROUGH SUPPORT OF RESEARCH, TECHNOLOGY TRANSFER, AND LICENSING ADMINISTRATION. 0 0 9433138 4838686 5967965 RESEARCH GRANT MONEY IS RECEIVED FROM VARIOUS ORGANIZATIONS AND IS USED TO ENCOURAGE, PROMOTE AND SUPPORT RESEARCH AND DEVELOPMENT AT CLEMSON UNIVERSITY; TO SERVE CLEMSON UNIVERSITY AS A PRIMARY ADMINISTRATOR OF TECHNOLOGY TRANSFER AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY ORIGINATING OUT OF CLEMSON UNIVERSITY.CULR LLC, (DISREGARDED ENTITY) A SUBSIDIARY OF CURF, PROVIDES ACCESS FOR THE UNIVERSITY, ITS RELATED ORGANIZATIONS AND OTHER STATE OF SOUTH CAROLINA ENTITIES TO NATIONAL RESEARCH AND EDUCATION NETWORKS USING SCALABLE HIGH SPEED FACILITIES BASED NETWORKS. 9433138 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 1 X 72 0 0 0 0 0 0 0 0 0 0 0 0 X 18 11 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X CHERYL DEAN ASSOC COMPTROLLER 8646563630 ADMIN SERVICES BLDG 108 PERIMETER CLEMSON SC 296345306 GEORGE ACKER 1.00 X X 0 0 0 JOSEPH T BAILEY 1.00 X 0 0 0 ANDREW B CAJKA 1.00 X 0 0 0 KATHY HARRIS 1.00 X 0 0 0 DOUGLAS HAUGH 1.00 X 0 0 0 DENNIS KEKAS 1.00 X 0 0 0 FRANK A LANDGRAFF 1.00 X X 0 0 0 L GLASGOW LEWIS 1.00 X 0 0 0 CATHERINE PORTO - MAY-JUNE 2012 37.50 X 0 0 0 THOMAS B O'HANLAN 1.00 X 0 0 0 DARRELL T SCOTT 1.00 X 0 0 0 MARK WASSERMAN 1.00 X 0 0 0 MICHAEL L WATT 1.00 X 0 0 0 GERALD SONNENFELD 1.00 X 0 257987 24022 LARRY DOOLEY MARCH-JUNE 2012 1.00 X 0 207805 35229 JAMES R BOTTUM 1.00 X 0 345830 41316 BRETT A DALTON 1.00 X 0 211360 33867 ESIN GULARI THROUGH MARCH 2012 1.00 X 0 266396 18307 JOHN W KELLY 1.00 X 0 241208 46737 MARTINE LABERGE 1.00 X 0 219113 19950 THOMAS R SCOTT 1.00 X 0 223810 44334 JAMES BARKER 1.00 X 0 225087 42875 BILL L AMICK 1.00 X 0 0 0 CHARLES TEGEN 1.00 X 0 108630 24964 VINCIE ALBRITTON JULY-APRIL 37.50 X 0 118694 23471 CARLA R RATHBONE 1.00 X 0 160208 36207 0 2586128 391279 0 1 1 0 DORITY & MANNING P O BOX 1449 GREENVILLE SC 29602 LEGAL SERVICES 152846 1 4564414 4564414 RESEARCH CONTRACTS 541700 2246708 2246708 RENTAL FEES FROM RESEA 541700 1315963 1315963 RESEARCH LAB PROGRAMS 541700 200150 200150 3762821 15852 15852 853504 853504 MANAGEMENT FEES AND FA 541700 1830743 1830743 COMPUTER SERVICE FEES 541700 825185 825185 REGISTRATION FEES 541700 633757 633757 1162167 1162167 4451852 13648443 8214673 0 869356 4838686 4838686 372926 372926 315183 28644 286539 1110076 813819 296257 6991 6991 54175 8957 45218 681053 679714 1339 289696 99383 190313 1175808 1175808 22247 9995 12252 11802 3178 8624 128863 128863 498984 233897 265087 37394 12064 25330 CURF PROGRAMS-DIRECT CO 2092909 1100195 992714 CURF PROGRAMS-INDIRECT 1231680 1231680 PATENT FEES 106804 106804 12975277 9433138 3542139 0 7315463 7512330 326111 371892 2541993 2442884 156332 209750 8595539 4218514 4659133 4377025 1782511 1633634 16781543 16547515 2053646 2488647 2119050 895569 12669 2968481 2873314 36216 0 7177393 6270199 X 3272955 3969490 6331195 6307826 9604150 10277316 16781543 16547515 673166 0 X X 0 1 1 X 1 1 X X 0 0 0 CLEMSON UNIVERSITY 576000254 IRC 115 1 1 1 4802637 1 4802637 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 15546 -2055 13492 1 1228733 1228733 6139699 3563775 2575924 882638 323333 559305 344469 331406 13063 4377025 13648443 12975277 673166 673166 13648443 0 13648443 0 13648443 12975277 0 12975277 0 12975277 PART IV, LINE 1B: SECURITY DEPOSITS HELD IN ESCROW FOR TENANTS PART IV, LINE 2B: SECURITY DEPOSITS HELD IN ESCROW FOR TENANTS DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FINANCIAL STATEMENTS ARE PREPARED IN ACCORDANCE WITH THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD. 1 SHAW AREVA MOX SERVICES PO BOX 7097 AIKEN SC 298047097 11 BOOK VALUE SHAW AREVA MOX SERVICES (8208500) DECOMMISSIONING OF PULSE COLUMN ASSEMBLY AT CLU ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; DEVELOPMENT AND USAGE OF A NEW METHODOLOGY FOR SIMULATING PARTICLE AND MITIGATING DEPOSITION EFFECTS IN THE HOT GAS PATH CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 296345306 576000254 IRC 115 4802637 BOOK VALUE RESEARCH ON MULTIPLE PROJECTS TIME WARNER 60 COLUMBUS CIRCLE NEW YORK NY 10023 841496755 25556 BOOK VALUE NSF - EPSCOR (8207489) AN EPSCOR DESKTOP TO TERAGRID ECOSYSTEM: INTEGRATING CAMPUS-BASED WITH NATIONAL CYBERINFRASTRUCTURE DEPT OF HEALTH & HUMAN SERVICES PAYMENT MGMT SYSTEM ROCKVILLE MD 20852 10468 BOOK VALUE OFFICE OF NAVAL RESEARCH (8206308) EYE-SAFE POLYCRYSTALLINE LASER DEPARTMENT OF ENERGY 626 COCHRANS MILL ROAD PITTSBURGH PA 15236 14 BOOK VALUE DOE (8203021) ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUND EXPENDITURES ARE REVIEWED BY A PRINCIPAL INVESTIGATOR (PI) FOR COMPLIANCE WITH THE TERMS OF THE GRANT, AND TO ENSURE THEY ARE REASONABLE AND ALLOWABLE. PI'S CERTIFY THAT ALL SALARY AND FRINGE BENEFIT CHARGES ARE ACCURATE. A SAMPLE OF EXPENDITURES IS FURTHER REVIEWED BY THE ORGANIZATION. THE ORGANIZATION MONITORS ALL BUDGETS AND EXPENDITURES TO ENSURE THAT THEY OCCUR ONLY IN BUDGETED CATEGORIES. THE ORGANIZATION OBTAINS A COPY OF A-133 AUDIT OF ALL SUB-RECIPIENTS, AND IF THERE ARE ANY FINDINGS, TAKES APPROPRIATE ACTION. 0 0 0 0 0 0 0 0 0 GERALD SONNENFELD 0 256324 0 0 0 1663 0 12250 0 11772 0 282009 0 0 LARRY DOOLEY MARCH-JUNE 2012 0 206129 0 0 0 1676 0 28443 0 6786 0 243034 0 0 JAMES R BOTTUM 0 345830 0 0 0 0 0 33908 0 7408 0 387146 0 0 BRETT A DALTON 0 211144 0 0 0 216 0 28847 0 5020 0 245227 0 0 ESIN GULARI THROUGH MARCH 2012 0 266396 0 0 0 0 0 12250 0 6057 0 284703 0 0 JOHN W KELLY 0 240021 0 0 0 1187 0 33013 0 13724 0 287945 0 0 MARTINE LABERGE 0 218384 0 0 0 729 0 11087 0 8863 0 239063 0 0 THOMAS R SCOTT 0 222933 0 0 0 877 0 30876 0 13458 0 268144 0 0 JAMES BARKER 0 222869 0 0 0 2218 0 30763 0 12112 0 267962 0 0 CARLA R RATHBONE 0 159932 0 0 0 276 0 22700 0 13507 0 196415 0 0 SUPPLEMENTAL INFORMATION PART III PART I, LINE 3: COMPENSATION OF THE EXECUTIVE DIRECTOR - THE CURF BOARD OVERSEES THE EXECUTIVE DIRECTOR. COMPENSATION OF THE EXECUTIVE DIRECTOR, THE INTERIM EXECUTIVE DIRECTOR, THE TREASURER AND THE STAFF OF CURF IS DETERMINED THROUGH THE CLEMSON UNIVERSITY HUMAN RESOURCES DEPARTMENT SUBJECT TO AND WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA AND APPLICABLE SC LAW, WHICH IS CONSISTENT WITH A STANDARD OF REASONABLENESS AND COMPARABLE COMPENSATION IN THE MARKET. THE FOLLOWING VOTING DIRECTORS OF CURF ARE EMPLOYEES OF CLEMSON UNIVERSITY: GERALD SONNENFELD JAMES R BOTTUM BRETT A DALTON ESIN GULARI JOHN W KELLY MARTINE LABERGE THOMAS R SCOTT LARRY DOOLEY THE FOLLOWING OFFICERS OF CURF AND CULR ARE EMPLOYEES OF CLEMSON UNIVERSITY: VINCIE ALBRITTON CATHERINE PORTO CHARLES TEGEN CARLA RATHBONE THE FOLLOWING VOTING DIRECTORS OF CLEMSON UNIVERSITY RESEARCH FOUNDATION (CURF) SERVE AS VOTING BOARD MEMBERS OF OTHER RELATED ORGANIZATIONS: GERALD SONNENFELD - CLEMSON RESEARCH FACILITIES CORPORATION BILL AMICK - CLEMSON UNIVERSITY BOARD OF TRUSTEES BRETT A DALTON - CLEMSON RESEARCH FACILITIES CORPORATION JAMES BARKER IS AN EX-OFFICIO NON-VOTING MEMBER OF THE CURF BOD AND AN EMPLOYEE OF CLEMSON UNIVERSITY WASSERMAN IS MANAGING PARTNER OF SUTHERLAND ASBILL & BRENNAN LLP WHICH MAY PROVIDE LEGAL SERVICES TO FIRMS THAT EMPLOY FRANK LANDGRAFF. JAMES BOTTUM IS 50% OWNER OF A LLC THAT HAS A CONTRACTUAL RELATIONSHIP WITH CURF FOR INFORMATION TECHNOLOGY DEVELOPMENT. CURF WAS THE RECIPIENT OF TWO APPLIED RESEARCH AGREEMENTS FROM GE ENERGY MANUFACTURING NTI. FRANK LANDGRAFF, CURF BOARD CHAIR, IS SENIOR IP COUNSEL FOR GE ENERGY. HE WAS NOT A PARTICIPANT IN THE SELECTION OR RESEARCH AGREEMENT PROCESS. OMNIBOND SYSTEMS LLC DIRECTOR 135647 MR. JAMES BOTTUM, THE CHIEF INFORMATION OFFICER OF CLEMSON UNIVERSITY, BECAME AN OWNER IN OMNIBOND SYSTEMS, LLC IN OR AROUND 2006. MR. BOTTUM SERVED ON THE CURF BOARD OF DIRECTORS FROM JUNE 2007 UNTIL JULY 2012. OMNIBOND SYSTEMS, LLC IS A START-UP COMPANY FORMED IN 1999 BY INDIVIDUALS WORKING AT CLEMSON UNIVERSITY, WHO CREATED CERTAIN SOFTWARE OWNED BY CLEMSON AND ASSIGNED TO CURF. PURSUANT TO A LICENSE AGREEMENT EXECUTED ON MAY 31,1999, OMNIBOND SYSTEMS, LLC LICENSED THE SOFTWARE FROM CURF TO COMMERCIALIZE IN THE PUBLIC MARKET AND REMIT ROYALTIES BACK TO CURF. MR. BOTTUM WAS NOT AN OWNER IN OMNIBOND SYSTEMS, LLC WHEN THE LICENSE AGREEMENT WAS PUT IN PLACE IN 1999. 0 OMNIBOND SYSTEMS LLC DIRECTOR 294754 MR. JAMES BOTTUM, THE CHIEF INFORMATION OFFICER OF CLEMSON UNIVERSITY, BECAME AN OWNER IN OMNIBOND SYSTEMS, LLC IN OR AROUND 2006. MR. BOTTUM SERVED ON THE CURF BOARD OF DIRECTORS FROM JUNE 2007 UNTIL JULY 2012. OMNIBOND SYSTEMS, LLC IS A START-UP COMPANY FORMED IN 1999 BY INDIVIDUALS WORKING AT CLEMSON UNIVERSITY, WHO CREATED CERTAIN SOFTWARE OWNED BY CLEMSON AND ASSIGNED TO CURF. PURSUANT TO A LICENSE AGREEMENT EXECUTED ON MAY 31,1999, OMNIBOND SYSTEMS, LLC CONTRACTED WITH CURF TO HAVE CURF ENGAGE CLEMSON TO PROVIDE PROGRAMMING SERVICES IN CONNECTION WITH THE SOFTWARE. MR. BOTTUM WAS NOT AN OWNER IN OMNIBOND SYSTEMS, LLC WHEN THE LICENSE AGREEMENT WAS PUT IN PLACE IN 1999. 0 BACKUP WITHHOLDING RULES: FORM 990, PART V, LINE 1C: THERE WERE NO INSTANCES THAT REQUIRED BACKUP WITHHOLDING. COMPLIANCE WITH FORMS 8899 AND 1098-C: FORM 990, PART V, LINES 7G AND 7H: THERE WERE NO CONTRIBUTIONS RECEIVED WHICH WOULD HAVE REQUIRED THE ORGANIZATION TO FILE EITHER FORM 8899 OR 1098-C. FORM 990, PART VI, SECTION A, LINE 4 CLEMSON UNIVERSITY REASERCH FOUNDATION AMENDED THEIR BY-LAWS ON JULY 1, 2011. ORGANIZATION UPDATED THE TITLES OF VOTING DIRECTORS WHO SERVE BASED ON THEIR POSITION AT CLEMSON UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND SENT TO ALL BOARD MEMBERS PRIOR TO THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE RECEIPT OF POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION INTERIM EXECUTIVE DIRECTOR, ASSOCIATE DIRECTOR, AND EXECUTIVE DIRECTOR ARE EMPLOYEES OF CLEMSON UNIVERSITY. COMPENSATION IS DETERMINED THROUGH THE UNIVERSITY HUMAN RESOURCES DEPARTMENT WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. AUDIT PROCESS: PART XII, LINE 2C ALL RELATED ORGANIZATIONS OF CLEMSON UNIVERSITY PARTICIPATE IN A COMBINED REQUEST FOR PROPOSALS PROCESS EVERY FIVE YEARS. AT LEAST ONE MEMBER FROM EACH BOARD PARTICIPATES IN THE SELECTION PROCESS. THERE ARE NO REQUIREMENTS FOR ALL ENTITIES TO SELECT THE SAME AUDIT FIRM, BUT THAT HAS BEEN THE PRACTICE FOR THE PAST ELEVEN YEARS. THE AUDIT AND FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. EXCESS BUSINESS HOLDINGS AND DONOR ADVISED FUNDS: FORM 990, PART V, LINES 8 AND 9: THE ORGANIZATION DID NOT HAVE ANY EXCESS BUSINESS HOLDINGS AT ANY TIME DURING THE YEAR AND DOES NOT MAINTAIN DONOR ADVISED FUNDS. OFFICERS SALARY FORM 990, PAGE 1, LINE 15: CURF OFFICERS AND DIRECTORS ARE CU EMPLOYEES. BOARD MEMBERS FORM 990, PAGE 6, LINE 7A: CERTAIN BOARD MEMBERS ARE SPECIFIED IN THE ORGANIZATION'S BY-LAWS BY THEIR POSITIONS WITHIN CLEMSON UNIVERSITY. OTHER BOARD MEMBERS ARE ELECTED BY THE CURRENT BODY OF BOARD MEMBERS. THE BOARD APPROVES SIGNIFICANT DECISIONS PER POLICIES AND PROCEDURES. NO BOARD MEMBER RECEIVES A SHARE OF THE PROFITS. BOARD MEMBERS FORM 990, PAGE 6, LINE 7B: A QUORUM OF BOARD MEMBERS APPROVES ALL SIGNIFICANT DECISIONS ACCORDING TO BY-LAWS AND POLICIES AND PROCEDURES. AMENDED SCHEDULE B A PORTION OF PROGRAM SERVICE REVENUE WAS REPORTED AS CONTRIBUTION REVENUE ON SCHEDULE B ON THE ORIGINAL FILED TAX RETURN. AMENDED SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING AN INTERESTED PERSON WAS NOT REPORTED ON THE ORIGINAL RETURN. AMENDED FORM 990, PAGE 9, STATEMENT OF REVENUE, PART VIII A PORTION OF PROGRAM SERVICE REVENUE WAS REPORTED AS CONTRIBUTION ON THE ORIGINAL RETURN. CULR LLC P O BOX 389 CLEMSON SC 29633 208727594 LEASING ADMINISTRATOR AND IT SERVICE PROVIDER SC 680384 1778307 CURF CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER R CLEMSON SC 29634 576000254 RESEARCH UNIVERSITY SC IRC 115 170(B)(1)(A)(II) N/A 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 CLEMSON UNIVERSITY (GRANTS) B 4802637 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (LEASE OF FACILITIES) I 677109 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (CURF OFFICE IN CU BUILDING) M 0 BOOK VALUE CLEMSON UNIVERSITY (SHARE PAID EMPLOYEES) N BOOK VALUE CLEMSON UNIVERSITY (REIMBURSE EMPLOYEE TIME & OTHER EXPENSES) O 2691575 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (REIMBURSE UTILITY COSTS IN LEASED FACILITIES) ) P 74072 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (REIMBURSE CULR RELATED BUSINESS) J 270 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (REIMBURSE PATENT AND OTHER BUSINESS RELATED COSTS) P 34634 AUDITED FINANCIAL REPORT