2014-11-14T16:29:03-06:00 2014-06-30 KPMG LLP 300 North Greene Street Suite 400 Greensboro NC 27401 990 2013-07-01 586033837 THE UNIVERSITY OF GEORGIA FOUNDATION % CYNTHIA COYLE UNIV 7065426677 394 SOUTH MILLEDGE AVENUE Suite 100 ATHENS GA 30602 CYNTHIA COYLE EXECUTIVE DIRECTOR 7065426677 2014-11-14 true ALLISON H FRANKLIN P00448640 7065426677 2013 2015-11-30 17:44:51Z CYNTHIA COYLE 394 MILLEDGE AVENUE SUITE 100 ATHENS GA 30602 269795245 false X WWW.UGAFOUNDATION.ORG X 1937 GA TO SUPPORT THE UNIVERSITY OF GEORGIA 47 44 1 49 -601577 -639384 60835966 61801918 582322 783995 31648769 41386057 11539089 6069633 104606146 110041603 55506790 35873114 0 0 0 19577 0 0 2471080 15003609 14724529 70510399 50617220 34095747 59424383 866242907 1016279551 57068748 73047972 809174159 943231579 TO SUPPORT THE UNIVERSITY OF GEORGIA false false 46514379 35873114 3721614 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. The Foundation manages funds established with the Foundation in accordance with the instructions of the donor and provides financial support upon request to the University of Georgia for scholarships, faculty salary supplement, awards and lectureships and operating programs involving fundraising and constituent relations. 46514379 true true false false false false true true false true true true false false true true false true false true true true false false true false false true false true false false false false false false false false true false false false false true true true false false true 318 0 1 true true true CS false false false true true false false false false X 47 44 false false false false false false false true true false false true true true true true true true true false GA X X CYNTHIA COYLE 7065426677 394 MILLEDGE AVENUE SUITE 100 ATHENS GA 30602 John P Spalding Chair 8.0 X X Kenneth G Jackson Vice-Chair 5.0 X X Andrew Head Secretary 2.0 X X William Douglas Treasurer 3.5 X X Daniel P Amos Trustee 2.0 X Kathryn L Ash Trustee 2.0 X Nelson E Bowers II Trustee 0.5 X Gary Bridgeman Trustee 1.0 X Terry S Brown Trustee 1.0 X Victor Corrigan Trustee 1.0 X John H Crawford IV Trustee 2.5 X Darren W DeVore Trustee 2.5 X Joseph C Frierson Jr Trustee 3.0 X Sylvia Q Giraudo Ex-officio Trustee 0.5 X 0 104825 29624 Michael H Godwin Trustee 0.5 X Henry D Gregory Jr Trustee 1.0 X C William Griffin Trustee 2.0 X Samuel D Holmes Trustee 2.0 X Gail J Hunnicutt Trustee 2.5 X Sarah C Irby Trustee 1.0 X Stephen Joiner Trustee 1.0 X Steve C Jones Trustee 2.0 X Timothy Keadle Ex-officio Trustee 1.0 X Jefferson B A Knox Trustee 1.0 X John O Knox Jr Trustee 2.5 X Tom S Landrum Ex-Officio Trustee 3.0 X 0 270047 41989 Emily D Lawson Trustee 1.0 X Russell C Lindner Trustee 2.0 X Keith W Mason Trustee 2.0 X James McCurry Trustee 1.0 X John F McMullan Trustee 2.0 X Jere W Morehead Ex-officio Trustee 3.0 X 0 407111 89139 C Read Morton Jr Trustee 2.0 X John S Neel Jr Trustee 0.5 X Thomas H Paris III Trustee 5.0 X Neal J Quirk Trustee 5.0 X William N Searcy Trustee 1.5 X Swann Seiler Trustee 2.0 X Stanley W Shelton Trustee 2.0 X Stephen W Smith Trustee 0.5 X Robert H Stolz Trustee 4.0 X Barry Storey Trustee 1.0 X Mary Lou C Swift Trustee 2.0 X Brenda A Thompson Trustee 1.0 X Susan C Waltman Trustee 3.0 X Charles S Williams Jr TRUSTEE 2.0 X William Young Trustee 5.0 X Cynthia G Coyle Executive Director & CFO 40.0 X 0 216432 42653 0 998415 203405 0 false true false BLACKBAUD 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 SOFTWARE DEVELOPMENT 1118196 PRIME BUCHHOLZ ASSOCIATES INC 25 CHESTNUT STREET PORTSMOUTH NH 03801 INVESTING SERVICES 349621 TRUMPS CATERING 247 E WASHINGTON STREET ATHENS GA 30601 CATERING SERVICES 272481 KPMG LLP Dept 0608 PO Box 120608 DALLAS TX 75312 AUDIT SERVICES 219110 GRUBB ELLIS REALTY INVESTORS 1551 NORTH TUSTIN AVENUE SANTA ANA CA 29705 REAL ESTATE SERVICES 191394 11 640265 4009400 57152253 7743292 61801918 RENTS FROM STUDY ABROAD 531110 585262 585262 INVESTMENT FEE FROM RELATED ORGANIZATIONS 525990 198733 198733 783995 9092298 -601577 9693875 0 3059535 3059535 155940 103755 52185 0 52185 52185 191237358 307477 158941311 309765 32296047 -2288 32293759 32293759 419105 640265 398811 20294 20294 0 0 COURT SETTLEMENT PROCEEDS 900099 475000 475000 EVENT REGISTRATIONS 900099 349409 349409 LICENSE PLATE REVENUE 900099 586250 586250 1526960 1526960 2937619 110041603 3721614 -601577 45119648 35646484 35646484 0 226630 226630 0 0 19577 19577 0 0 0 0 0 91394 39584 51810 228304 18749 209555 0 0 623405 623405 648191 497606 71782 78803 880166 700247 54978 124941 962943 701723 106956 154264 62718 6118 56600 0 278178 203954 37019 37205 1344881 1157373 62698 124810 0 4826079 4075822 311280 438977 336102 336102 0 895974 295048 600926 99661 56057 43421 183 TRANSFERS & DISTRIBUTIONS 1594348 1594348 PROFESSIONAL DUES/MEMBERSHIPS 228586 142666 29073 56847 MONETARY AWARDS 222729 222729 OTHER EXPENSES 1400870 573562 29784 797524 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15964667 -9076686 18856335 586470032 450987974 10371493 90571298 12736828 539193937 406415826 6925378 48166906 10520136 450987974 0.08886 0.50191 0.40923 false false 21709628 21709628 12117520 2153713 9963807 4931780 1319234 3612546 717512 717512 36003493 2474626 F CASH & SHORT-TERM INVESTMENTS 7193282 F MARKETABLE ALTERNATIVES 303975596 F NON-MARKETABLE ALTERNATIVES 95503643 F SPLIT INTEREST INVESTMENTS 22435076 F COMMINGLED FIXED INCOME 36267227 F BENEFICIAL INT IN PERP TRUST 4667838 F 472517288 0 FUNDS HELD FOR OTHERS 44722145 OBLIGATIONS RELATED TO DEFERRED GIFTS 10639825 DERIVATIVE FINANCIAL INSTRUMENT 1842358 LINE OF CREDIT 5640613 DEFERRED AFFINITY CONTRACT OBLIGATIONS 224874 63069815 X 186776020 74553815 979151 1734357 77267323 109508697 532906 532906 110041603 52718600 979151 1655135 2634286 50084314 532906 532906 50617220 PART II, LINE 9 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. 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 The Endowments are maintained to support the academic purposes of the University of Georgia, including scholarships, fellowships, awards, lectureships, research, training and professorships. 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 2014 and 2013. PART XI, LINE 2D CHANGE IN VALUE OF ANNUITIES (481,854) CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 104,976 CHANGE IN FAIR VALUE OF DERIVATIVES (5,532) CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 351,469 FUNDRAISING EXPENSES RECLASS 398,811 RENTAL EXPENSE RECLASS 103,755 INCOME FROM SUBSIDIARY 1,262,732 TOTAL 1,734,357 PART XII, LINE 2D EXPENSE FROM SUBSIDIARY 1,152,569 FUNDRAISING EXPENSE RECLASS 398,811 RENTAL EXPENSE RECLASS 103,755 TOTAL 1,655,135 true Central America and the Caribbean 1 31 Program Services SUPPORT ACADEMIC PRGMS 1152569 Central America and the Caribbean 1 31 Investments 135400 1 31 2 62 1287969 1287969 Central America and the Caribbean SEE PART V 226630 WIRE TRANSFE N/A FMV 1 true false true true true false PART I, LINE 2 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. PART II, LINE 1, COLUMN D TO SUPPORT STUDY ABROAD FACILITIES OF WHOLLY OWNED COSTA RICAN CORPORATION. GALA 444936 212613 232323 31838 164397 BALL 300927 239265 61662 123291 12 313507 188387 125120 9179 70106 1059370 640265 419105 41017 357794 398811 20294 false THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 GOV'T 27306415 N/A N/A SCHOLARSHIPS & OTHER SUPPORT NATIONAL MERIT SCHOLARSHIP PO BOX 99389 CHICAGO IL 60693 362307745 501(C)(3) 87250 N/A N/A SCHOLARSHIPS UGA ATHLETIC ASSOCIATION 1 SELIG CIRCLE BUTTS MEHRE BUILDIN ATHENS GA 30602 580652581 501(C)(3) 3160292 N/A N/A SCHOLARSHIPS & CONSTRUCTION UGA REAL ESTATE FOUNDATION 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 501(C)(3) 5022840 N/A N/A CONSTRUCTION PROJECTS UGA RESEARCH FOUNDATION 324 BUSINESS SERVICES 456 EAST BROA ATHENS GA 30602 581353149 501(C)(3) 69687 N/A N/A GENERAL SUPPORT 5 0 FORM 990, SCHEDULE I, PART I, QUESTION 2 The grants 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 G Coyle Executive Director & CFO 0 216288 0 0 0 144 0 26651 0 16002 0 259085 0 0 Tom S Landrum Ex-Officio Trustee 0 267910 0 0 0 2137 0 31271 0 10718 0 312036 0 0 Jere W Morehead Ex-officio Trustee 0 383310 0 0 0 23801 0 80921 0 8218 0 496250 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 $50,000 FROM A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN, PAID BY THE UNIVERSITY OF GEORGIA, A RELATED ORGANIZATION. X 158 6985238 FMV X HORSES 9 758054 APPRAISAL 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. OTHER CHANGES IN NET ASSETS CHANGE IN VALUE OF ANNUITIES (481,854) CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 104,976 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 351,469 CHANGE IN FMV OF DERIVATIVE FINANCIAL INSTRUMENT (5,532) NET INCOME OF SUBSIDIARY 110,163 TOTAL 79,222 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 THE UNIVERSITY SYSTEM OF GEORGIA FDN 270 WASHINGTON STREET ATLANTA GA 30334 586333106 SUPPORT GA 501(C)(3) 5 NA false UGA ECOLODGE AND RESEARCH STATION SA SANTA ELENA DE MONTEVERDE PUNTARENAS COSTA RICA CS SEE PART VII CS UGA FOUNDATION C CORP 110163 2766804 1.00000 true false true true false false false false false false true false false false true true false true true false UNIVERSITY OF GEORGIA B 27306415 CASH UGA ATHLETIC ASSOCIATION B 3160292 CASH UGA RESEARCH FOUNDATION B 69687 CASH UGA REAL ESTATE FOUNDATION B 5022840 CASH UGA ECOLODGE & RESEARCH STATION SA B 91230 CASH UGA ATHLETIC ASSOCIATION C 4009400 CASH UNIVERSITY OF GEORGIA J 585262 RENT REVENUE UNIVERSITY OF GEORGIA Q 117987 CASH UGA ATHLETIC ASSOCIATION Q 329964 CASH UGA ATHLETIC ASSOCIATION R 2053304 CASH & PROPERTY USG FOUNDATION R 6540 CASH PRIMARY ACTIVITY MANAGE COSTA RICA STUDY ABROAD PROGRAM & SUPPORT RESEARCH.