2014-11-13T08:50:14-06:00 2014-06-30 560574444 CHERRY BEKAERT LLP 1029 GREENE STREET AUGUSTA GA 30901 990 2013-07-01 581353149 UNIVERSITY OF GEORGIA RESEARCH FOUNDATION UNIV 7065426860 324 BUSINESS SERVICES 456 EAST BROAD ST ATHENS GA 30602 RYAN NESBIT FINANCIAL VP AND TREASURER 7065411361 2014-11-11 1 ELIZABETH MORRISON P00231389 7067243557 2014-11-11 2013 2015-11-30 17:44:51Z RYAN NESBIT ADMININISTRATION BUILDING ATHENS GA 30602 173658576 0 X WWW.OVPR.UGA.EDU/UGARF/ X 1978 GA THE FOUNDATION OBTAINS GOVERNMENT AND PRIVATE RESEARCH GRANTS ON BEHALF OF THE UNIVERSITY OF GEORGIA. GRANTS ARE AWARDED TO FACULTY RESEARCHERS AT THE UNIVERSITY. 17 10 0 0 0 0 145225538 139674036 0 0 1399150 4076196 8715995 7028331 155340683 150778563 141581056 136167705 0 0 0 0 0 0 0 13439811 9471624 155020867 145639329 319816 5139234 85684342 90595674 42129094 41600285 43555248 48995389 X THE RESEARCH FOUNDATION IS ORGANIZED TO FULFILL BROAD SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES AND OPERATES TO ENHANCE THE MISSION OF THE UNIVERSITY OF GEORGIA OF TEACHING, RESEARCH, AND PUBLIC SERVICE.THE RESEARCH FOUNDATION CONTRIBUTES TO THE RESEARCH FUNCTION OF THE UNIVERSITY BY SECURING RESEARCH CONTRACTS, GRANTS, AND AWARDS FROM INDIVIDUALS, INSTITUTIONS, PRIVATE ORGANIZATIONS, AND GOVERNMENT AGENCIES FOR THE PERFORMANCE OF SPONSORED RESEARCH IN THE VARIOUS UNIVERSITY COLLEGES, SCHOOLS, DEPARTMENTS, AND OTHER UNITS.IN THE INTELLECTUAL PROPERTY ADMINISTRATION AGREEMENT, THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA AUTHORIZED THE RESEARCH FOUNDATION TO SERVE AS THE OFFICIAL RECIPIENT OF ALL RESEARCH CONTRACTS, GRANTS, AND AWARDS FOR THE CONDUCT OF SPONSORED RESEARCH AT THE UNIVERSITY. 0 0 8961157 6576756 PROGRAM SERVICES RELATED TO RESEARCH PROJECTS FUNDED BY GRANTS AND ROYALTIES FROM PATENTS DEVELOPED 136167705 136167705 139674036 RESEARCH SUBCONTRACTS - UGA 145128862 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 X 168 0 1 0 0 1 CJ BD 0 0 0 0 0 0 0 0 X 17 10 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X CHAD CLEVELAND 7065426860 456 E BROAD STREET ATHENS GA 30602 ADRIAN BENEDICT BURD DIRECTOR 1.00 40.00 X 0 78434 23328 ALAN DARVILL DIRECTOR 1.00 40.00 X 0 245892 39266 BENJAMIN M BRAINARD DIRECTOR 1.00 40.00 X 0 104765 20648 CADER COX DIRECTOR 1.00 1.00 X 0 0 0 DAVID C LEE EXECUTIVE VICE PRESIDENT 1.00 40.00 X X 0 265365 46250 F ABIT MASSEY DIRECTOR 1.00 1.00 X 0 0 0 GREGORY H ROBINSON DIRECTOR 1.00 40.00 X 0 243765 45590 JANE S WILLSON DIRECTOR 1.00 X 0 0 0 JERE W MOREHEAD PRESIDENT/CHAIR 5.00 40.00 X X 0 407111 89139 JOSEF M BRODER DIRECTOR 1.00 40.00 X 0 185648 47553 LIBBY V MORRIS DIRECTOR 1.00 40.00 X X 0 248760 48599 MARISA A PAGNATTARO DIRECTOR 1.00 40.00 X 0 147942 33135 N KIRBY ALTON DIRECTOR 1.00 X 0 0 0 PAMELA S WHITTEN VICE CHAIR 1.00 40.00 X X 0 0 0 R EDWARD PERKINS DIRECTOR 1.00 X 0 0 0 RYAN A NESBIT FINANCIAL VICE PRESIDENT/TREASURER 1.00 40.00 X X 0 219480 47149 SUSAN WALTMAN DIRECTOR 1.00 0.00 X 0 0 0 THIAB R TAHA DIRECTOR 1.00 40.00 X 0 134694 33257 W CRAIG BARRS DIRECTOR 1.00 X 0 0 0 DEREK E EBERHART CHIEF LICENSING OFFICER 1.00 40.00 X 0 135198 23018 JESSICA ORBOCK SECRETARY 1.00 40.00 X 0 165806 17548 MICHAEL F ADAMS FORMER PRESIDENT/CHAIR 1.00 40.00 X 0 462103 856839 SOHAIL MALIK FORMER CHIEF LICENSING OFFICER 1.00 40.00 X 0 195081 32459 TIMOTHY P BURGESS FORMER FINANCIAL VICE PRESIDENT 1.00 40.00 X 0 166721 25914 0 3406765 1429692 0 1 1 0 MUETING RAASCH & GEBHARDT PA 1111 THIRD AVE S SUITE 350 MINNEAPOLIS MN 55401 LEGAL FEES 1051511 THOMAS HORSTEMEYER LLP 400 INTERSTATE NORTH PKWY SUITE 150 ATLANTA GA 30339 LEGAL FEES 326642 KING & SPALDING PO BOX 116133 ATLANTA GA 30368 LEGAL FEES 234893 NOLAN LAW GROUP 411 S MAIN ST STUTTGART AR 72160 LEGAL FEES 192220 COSUD INTELLECTUAL PROPERTY SOLUTIONS (S 714 COLORADO AVE BRIDGEPORT CT 06605 LEGAL FEES 181873 7 139674036 139674036 909705 909705 6576756 6576756 75300 0 75300 75300 75300 26046504 22880013 3166491 3166491 3166491 BIOBUSINESS CENTER 900099 427852 427852 CHU ANTI-VIRAL RSCH FUND INC 900099 100000 100000 LOSS FROM PASS THRU ENTITIES 900099 -151577 -151577 376275 150778563 376275 0 10728252 136167705 136167705 20564 20564 38447 38447 69804 69804 4401285 4401285 21821 21821 30773 30773 28082 28082 48258 48258 95648 95648 RESEARCH PROGRAM ENHANC 2605425 2605425 LICENSES, PATENTS, & CO 1954447 1954447 MISCELLANEOUS EXPENSE 157070 157070 145639329 145128862 510467 0 6116818 8092763 673389 705277 6857 1402307 1062970 387595 339337 43220194 44046572 34673332 661423 613014 36743445 85684342 90595674 27741891 26343078 6275 6275 14380928 15250932 42129094 41600285 X 43555248 48995389 43555248 48995389 85684342 90595674 X 5139234 361195 -60287 X X 0 1 X 1 1 1 X 130625369 152302097 150752047 145225538 139674036 718579087 130625369 152302097 150752047 145225538 139674036 718579087 718579087 11286885 7933505 8463157 8916825 10728252 47328624 1571635 1269143 763662 249668 376275 4230383 770138094 0.93310 0.90190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 182380 182380 1219927 1062970 156957 339337 DEPOSIT WITH PATENT OFFICE 1314 GRANTS, CONTRACTS AND ROYALTIES RECEIVABLE 21491199 FUNDS DEPOSITED WITH THE UNIVERSITY OF GEORGIA 15250932 36743445 ADVANCED PAYMENTS ON CONTRACTS 15250932 15250932 151079471 361195 361195 150718276 60287 60287 150778563 145639329 0 145639329 0 145639329 PART XI, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED GAIN ON INVESTMENT 361,195. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM VARIOUS INVESTMENTS 60,287. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT 6372630 0 0 0 0 0 0 6372630 0 6372630 0 0 0 1 1 0 PART IV, LINE 4 THE ORGANIZATION IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" ("PFICS"). THE ORGANIZATION DID NOT RECEIVE ANY TAXABLE DISTRIBUTIONS FROM ANY OF THE PFICS DURING FISCAL YEAR 2014. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E)." 1 THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 115(1) 136167705 BOOK FUNDS ARE PAID TO THE UNIVERSITY OF GEORGIA FOR EDUCATIONAL AND RESERACH PURPOSES AND ACADEMIC SUPPORT. 1 PART I, LINE 2: THE ORGANIZATION HAS DESIGNED AND IMPLEMENTED INTERNAL CONTROLS OVER COMPLIANCE WITH GRANT REQUIREMENTS. THE ORGANIZATION IS ALSO SUBJECT TO AN ANNUAL OMB CIRCULAR A-133 AUDIT, WHICH TESTS THE ORGANIZATION'S INTERNAL CONTROLS OVER COMPLIANCE FOR FEDERAL GRANT COMPLIANCE REQUIREMENTS. SCHEDULE I ALL GRANTS RECEIVED BY UNIVERSITY OF GEORGIA RESEARCH FOUNDATION ARE SUBCONTRACTED TO THE UNIVERSITY OF GEORGIA. 1 0 1 0 0 0 0 0 0 0 ALAN DARVILL DIRECTOR 0 230704 0 0 0 15188 0 23210 0 16056 0 285158 0 0 DAVID C LEE EXECUTIVE VICE PRESIDENT 0 261021 0 0 0 4344 0 23562 0 22688 0 311615 0 0 GREGORY H ROBINSON DIRECTOR 0 243765 0 0 0 0 0 29692 0 15898 0 289355 0 0 JERE W MOREHEAD PRESIDENT/CHAIR 0 383310 0 0 0 23801 0 80921 0 8218 0 496250 0 0 JOSEF M BRODER DIRECTOR 0 185059 0 0 0 589 0 22772 0 24781 0 233201 0 0 LIBBY V MORRIS DIRECTOR 0 248616 0 0 0 144 0 30443 0 18156 0 297359 0 0 MARISA A PAGNATTARO DIRECTOR 0 147878 0 0 0 64 0 14497 0 18638 0 181077 0 0 RYAN A NESBIT FINANCIAL VICE PRESIDENT/TREASURER 0 219264 0 0 0 216 0 27235 0 19914 0 266629 0 0 THIAB R TAHA DIRECTOR 0 134202 0 0 0 492 0 16507 0 16750 0 167951 0 0 DEREK E EBERHART CHIEF LICENSING OFFICER 0 134919 0 0 0 279 0 12820 0 10198 0 158216 0 0 JESSICA ORBOCK SECRETARY 0 148027 0 0 0 17779 0 15908 0 1640 0 183354 0 0 MICHAEL F ADAMS FORMER PRESIDENT/CHAIR 0 451406 0 0 0 10697 0 838837 0 18002 0 1318942 0 0 SOHAIL MALIK FORMER CHIEF LICENSING OFFICER 0 195081 0 0 0 0 0 18480 0 13979 0 227540 0 0 TIMOTHY P BURGESS FORMER FINANCIAL VICE PRESIDENT 0 141942 0 0 0 24779 0 20562 0 5352 0 192635 0 0 SCHEDULE J UNIVERSITY OF GEORGIA RESEARCH FOUNDATION (UGARF) HAS NO EMPLOYEES. OFFICERS OF UGARF ARE EMPLOYED BY THE UNIVERSITY OF GEORGIA AND ARE COMPENSATED FOR THE ROLE PERFORMED FOR THE UNIVERSITY OF GEORGIA. OFFICERS OF UGARF ARE ALSO OFFICERS OF UGA, WHICH IS A SUBCONTRACTOR ON ALL SPONSORED RESEARCH RECEIVED BY UGARF. FORM 990, PART V, 1C THE ORGANIZATION DID NOT HAVE ANY REPORTABLE GAMING (GAMBLING) WINNINGS TO PRIZE WINNERS AND THEREFORE THE BACKUP WITHHOLDING RULES DID NOT APPLY. FORM 990, PART VI, SECTION A, LINE 7A UNIVERSITY OF GEORGIA RESEARCH FOUNDATION'S PRESIDENT, VICE CHAIR, EXECUTIVE VICE PRESIDENT AND FINANCIAL VICE PRESIDENT (ALL VOTING MEMBERS) ARE ELECTED OR APPOINTED AS EX-OFFICIO, MEMBERS BY VIRTUE OF THEIR UNIVERSITY OF GEORGIA POSITION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY ALUMNI ASSOCIATION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY UNIVERSITY COUNCIL. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UNIVERSITY OF GEORGIA FOUNDATION. FOUR VOTING MEMBERS ARE ELECTED BY VOTE OF THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PROVIDED ELECTRONICALLY TO BOARD MEMBERS PRIOR TO THE FILING DEADLINE WITH SUFFICIENT LEAD-TIME TO ALLOW FOR REVIEW BY BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS OF UGA RESEARCH FOUNDATION, INC. ARE GIVEN A FORM TO COMPLETE EACH YEAR REQUESTING DISCLOSURE OF ALL RELATED ENTITIES AND TRANSACTIONS. ANY CONFLICTS NOTED ARE DISCUSSED AND APPROPRIATE ACTION TAKEN, IF DEEMED NECESSARY. FORM 990, PART VI, SECTION C, LINE 18 UGA RESEARCH FOUNDATION'S FORM 1023 AND 990 CAN BE REQUESTED THROUGH AN ELECTRONIC REQUEST FORM ON THE FOUNDATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 UGA RESEARCH FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9: LOSS ADJUSTMENT FROM VARIOUS INVESTING ACTIVITIES -60,287. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT PROCESS AND THE SELECTION OF INDEPENDENT AUDITORS. UGARF MEDIA HOLDINGSLLC (UMH) 324 BUSINESS SERVICES 456 EAST BROA ATHENS GA 30602 263524744 NO CURRENT ACTIVITY GA UNIVERSITY OF GEORGIA RESEARCH FOUNDATION UGA REAL ESTATE FOUNDATION INC 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 REAL ESTATE DEVELOPMENT GA 501(C)(3) LINE 11, TYPE 1 UNIVERSITY OF GEORGIA RESEARCH FOUNDATION 1 THE UNIVERSITY OF GEORGIA (UGA) 456 E BROAD STREET ATHENS GA 30602 586001998 STATE UNIVERSITY - EDUCATION AND RESEARCH GA 115(1) N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 UNIVERSITY OF GEORGIA B 144360805 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA J 75300 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA P 4643728 PER FINANCIAL STATEMENT