2013-02-14T09:00:03-06:00 2012-06-30 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2011-07-01 351052049 PURDUE RESEARCH FOUNDATION PURD 7655881061 1281 Win Hentschel Boulevard West Lafayette IN 479064182 BELINDA RACHWAL 2013-02-13 false P01305268 3175698989 2011 2016-02-25 16:41:14Z JOSEPH B HORNETT 1281 Win Hentschel Blvd West Lafayette IN 479064182 240883901 false X WWW.PRF.ORG X 1930 IN THE PRIMARY MISSION OF PURDUE RESEARCH FOUNDATION IS TO ADVANCE THE MISSION OF PURDUE UNIVERSITY. 15 15 120 15 0 0 22724075 12817939 10127968 12228695 57195181 38898378 6828386 6174567 96875610 70119579 35973363 32567304 0 0 7682063 8180070 0 0 0 32798012 31178754 76453438 71926128 20422172 -1806549 1069362893 1010013019 225080544 213062432 844282349 796950587 X THE PRIMARY MISSION OF PURDUE RESEARCH FOUNDATION IS TO ADVANCE THE MISSION OF PURDUE UNIVERSITY. false false 26752137 20026284 0 AWARDS TO DEPARTMENTS FOR RESEARCH FUNDING OF PURDUE UNIVERSITY PHD CANDIDATES. 12805382 12228695 RENTAL INCOME IS COLLECTED FROM TENANTS LOCATED WITHIN THE PURDUE RESEARCH PARK AS WELL AS RESIDENTIAL UNITS ON THE PURDUE UNIVERSITY CAMPUS AND SURROUNDING AREA. PURDUE RESEARCH PARK IS THE HOME OF STATE-OF-THE-ART TECHNOLOGY BUSINESS INCUBATORS THAT HAVE A WORKING RELATIONSHIP WITH PURDUE UNIVERSITY TO PROVIDE STUDENTS WITH LEARNING AND RESEARCH OPPORTUNITIES. 12294875 12294875 0 INTERNATIONAL TRAVEL GRANTS, DISTINGUISHED PROFESSOR GRANTS, AND OTHER RESEARCH GRANTS PROVIDED TO PURDUE UNIVERSITY TO FURTHER THEIR EDUCATION AND RESEARCH MISSION. 2350638 246145 RESEARCH GRANTS BY GOVERNMENTAL AGENCIES AND INDUSTRY FOR BASIC RESEARCH. GRANTS PROVIDED TO PURDUE UNIVERSITY TO FURTHER THEIR EDUCATION AND RESEARCH MISSIONS. 2350638 246145 54203032 true true false true false true true true true true true false false true true false true false false true false false false false false false true false true true false false false false false false false false false false true false false false true true true true false false true 298 0 true 120 true true true false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true true true IN X Belinda Rachwal 7655881061 1281 Win Hentschel Boulevard West Lafayette IN 479064182 FRANCE A CORDOVA 5.00 X X 0 0 0 BARBARA H EDMONDSON 1.00 X 0 0 0 BOB F JESSE 1.00 X 0 0 0 BRUCE WHITE 1.00 X 0 0 0 CARRIE KENDRICK 1.00 X 0 0 0 CHARLES E SCHALLIOL 1.00 X 0 0 0 DAVID ADAMS 1.00 X 0 0 0 DAVID JOHNSON 1.00 X 0 0 0 ELIZABETH BECHDOL 1.00 X 0 0 0 J TIMOTHY MCGINLEY 1.00 X 0 0 0 JERRY D SEMLER 1.00 X 0 0 0 JOHN D HARDIN 1.00 X 0 0 0 KEITH KRACH 1.00 X 0 0 0 KELVIN PENNINGTON 1.00 X 0 0 0 LAWRENCE BECK 1.00 X 0 0 0 MAMOON HAMID 1.00 X 0 0 0 MICHAEL J BIRCK 1.00 X 0 0 0 RANDALL J LEWIS 1.00 X 0 0 0 STEVEN SCHMIDT 1.00 X 0 0 0 BELINDA RACHWAL 40.00 X 120034 0 30934 DAVID HODDE 40.00 X 120999 0 34212 GREG DEASON 40.00 X 159338 0 37432 JOSEPH B HORNETT 40.00 X 261979 0 52385 JUDITH A HALL 40.00 X 113574 0 32880 RICHARD BUCKIUS 5.00 X 0 0 0 ELIZABETH HART-WELLS 40.00 X 158055 0 38734 JOHN BOYLE 40.00 X 187992 0 45124 JOHN HANAK 40.00 X 150177 0 35434 MARY-CLAIRE CARTWRIGHT 40.00 X 101244 0 30418 1373392 0 337553 9 false true false BARNES & THORNBURG 1313 MERCHANTS BANK BLDG INDIANAPOLIS IN 46204 LEGAL 1680901 COMPUTER PACKAGES INC 414 HUNGERFORD DR ROCKVILLE MD 20850 LEGAL 616920 STUART & BRANIGIN 300 MAIN ST SUITE 900 LAFAYETTE IN 479021010 LEGAL 544178 DARLING TRAVEL 13011 TRADD ST CARMEL IN 46032 TRAVEL 441002 FAEGRE BAKER DANIELS LLP 1050 K ST NW SUITE 400 WASHINGTON DC 20001 CONSULTING 339183 25 12817939 1623226 12817939 RENTAL INCOME (LOSS) 532000 12228695 12228695 0 0 0 0 12228695 13683716 13683716 0 4809867 4809867 0 0 0 194091000 1887984 169090194 1674128 25000806 213856 25214662 25214662 0 0 0 REGISTRATION FEE INCOME 900099 652957 652957 FARM CROP INCOME 111000 64581 64581 647162 0 0 647162 1364700 70119579 12228695 0 45072945 32567304 32567304 0 0 0 992373 248093 744280 0 4876607 1355074 3521533 816387 157039 659348 1096034 185741 910293 398669 81367 317302 0 1089851 1089851 126215 126215 361139 361139 0 2933667 2933667 2207682 1219100 988582 1327174 248052 1079122 185060 60136 124924 66239 351 65888 4897005 4897005 3375430 3375430 572814 152864 419950 0 69848 1292 68556 4655520 4655520 0 4813728 3582336 1231392 248208 3712 244496 PROPERTY, SALES, USE TAXES 1256581 1256446 135 GIFT ANNUITY PYMTS & FEES 2929554 156170 2773384 63039 0 63039 0 71926128 54203032 17723096 0 0 0 0 17621142 12673061 189630 15000 15056744 14160618 0 0 18916275 18663509 0 0 178177641 36109987 146738062 142067654 363645068 388213992 488082989 408929878 3946119 0 0 11488725 15166864 13800582 1069362893 1010013019 15820819 12475552 0 3972523 3590987 15290000 14970000 50359772 52002029 0 3756398 3568247 69096692 70394540 66784340 56061077 225080544 213062432 X 83876300 85630334 636996398 585915322 123409651 125404931 0 0 0 844282349 796950587 1069362893 1010013019 X -1806549 -45525213 X false true true X false X 20315232 27578786 22253485 22724075 12817939 105689517 0 0 20315232 27578786 22253485 22724075 12817939 105689517 105689517 20593565 20536299 15791689 20193220 18493583 95608356 0 0 636329 1134938 682825 600517 1364700 4419309 205717182 7363449 0.51380 0.51150 X OTHER INCOME, SCHEDULE A, PART II, LINE 10, DESCRIPTION - OTHER INCOME, COLUMN A - 636329, COLUMN B - 1134938, COLUMN C - 682825, COLUMN D - 600517, COLUMN E - 1364700, COLUMN F - 4419309;, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 361139 false false false 361139 false Description of the activities reported on Lines 1a through 1i Schedule C, Part II-B, Line 1 PURDUE RESEARCH FOUNDATION PROVIDES FUNDING TO PURDUE UNIVERSITY TO SUPPORT LOBBYING THROUGH THE WASHINGTON OFFICE, B&D CONSULTING, AND FAEGRE BAKER DANIELS. ALL LOBBYING IS TO FURTHER THE MISSION OF PURDUE RESEARCH FOUNDATION. X 2 0.57 0 1 0 1 true 5773 true 0 18600 X DECORATION false false true 614305452 2269222 -14068163 16131201 10711959 0 575663351 517230423 2061190 122703921 15512031 12178051 614305452 470068574 2413106 63744820 13113805 5882272 517230423 591395838 1939959 -104459187 13873576 4934460 470068574 0.00000 0.18710 0.81290 false false 1386545 54534988 55921533 112149979 31368744 80781235 0 8098514 4741243 3357271 2007615 2007615 142067654 0 115623830 F EMERGING MARKETS 24615448 F HEDGE FUNDS 175405493 F REAL ESTATE 27032224 C NATURAL RESOURCES 53752883 C FUNDS INVESTED WITH PURDUE UNIVERSITY 12500000 F 408929878 0 GIFT ANNUITY PAYABLE 4895703 DUE ON SPLIT INTEREST TRUSTS 51165374 56061077 70119579 71926128 -1806549 -49304308 11115243 -3390030 -41579095 -43385644 17233167 -49304308 -3390030 -52694338 69927505 192074 192074 70119579 60618810 -11115243 0 -11115243 71734053 192074 192074 71926127 Conservation easements policy Schedule D, Part II, Line 5 PURDUE RESEARCH FOUNDATION HAS A POLICY IN PLACE TO ENSURE ANNUAL MONITORING OF CONSERVATION EASEMENTS FOR FEDERAL GUILDELINE COMPLIANCE. Conservation easements financial reporting Schedule D, Part II, Line 9 CONSERVATION EASEMENTS ARE CONSIDERED ASSETS ON THE BALANCE SHEET. ANY EXPENSES ASSOCIATED WITH THE MONITORING, INSPECTING, AND ENFORCING OF EASEMENTS ARE EXPENSED IN THE YEAR INCURRED. Collections of art - description of collections Schedule D, Part III, Line 4 PURDUE RESEARCH FOUNDATION OWNS A COLLECTION OF ANTIQUE MEDICINE BOTTLES. THE COLLECTION WAS DONATED TO PURDUE RESEARCH FOUNDATION BY A PHYSICIAN. THE COLLECTION IS BEING HELD FOR DISPLAY. Explanation of escrow agreement Schedule D, Part IV, Line 2b THE FOUNDATION ACTS AS AN INTERMEDIARY FOR CERTAIN CONTRIBUTIONS RECEIVED BY AFFILIATE FOUNDATIONS FOR THE BENEFIT OF PURDUE UNIVERSITY. THE FOUNDATION HOLDS THESE FUNDS AS A TRUSTEE UNTIL THEY ARE EXPENDED FOR THE UNIVERSITY. THE EXCESS OF CONTRIBUTIONS OVER EXPENDITURES IS SHOWN AS A LIABILITY ON THE BALANCE SHEET. Intended uses of endowment funds Schedule D, Part V, Line 4 THE ENDOWMENT FUNDS ARE HELD FOR THE BENEFIT OF PURDUE UNIVERSITY TO BE USED FOR SCHOLARSHIPS AND AWARDS. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. CURRENT ACCOUNTING STANDARDS REQUIRE THE FOUNDATION TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEAR ENDED JUNE 30, 2012, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2009. THE FOUNDATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE FOUNDATION DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2012 AND 2011. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 27761558 EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS 5554577 NORTH AMERICA (CANADA & MEXICO ONLY) INVESTMENTS 3719157 37035292 true false true true true false true PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 20026284 SCHOLARSHIPS & AWARDS PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 192075 RESEARCH-GRANT GOV'T INDUSTRY PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 4915705 SCHOLARSHIPS-XRXL PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 4774000 RESEARCH GRANT-XRXL PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 1000000 EQUIPMENT GRANTS-XRXL PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 567800 DISTINGUISHED PROFESSOR GRANTS PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 400000 SUMMER RESEARCH GRANT-XRXL PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 259295 SPEC INCENT RESEARCH GRANT-XRXL PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 151000 INTERNATIONAL TRAVEL GRANTS-XRXL PURDUE UNIVERSITY 401 SOUTH GRANT ST WEST LAFAYETTE IN 47906 356002041 501(C)(3) 35000 INTERDISLINARY FELLOWSHIP-XRXL INDIANA STATE FAIR COMMISSION 9100 KEYSTONE CROSSING SUITE 700 INDIANAPOLOIS IN 46240 356001665 501(C)(3) 26500 SPONSORSHIP PURDUE DAY 2 0 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 AT THE BEGINNING OF THE TAX YEAR, PURDUE UNIVERSITY SUBMITS AN APPROVED BUDGET FOR GRANT REQUESTS TO THE PURDUE RESEARCH FOUNDATION. FUNDS ARE TRANSFERRED TO THE UNIVERSITY ON A QUARTERLY BASIS ACCORDING TO THE APPROVED BUDGET TO BE AWARDED BY PURDUE. ALL MONEY GRANTED TO PURDUE UNIVERSITY IS USED FOR PROGRAM ACTIVITIES TO FURTHER EDUCATION AND RESEARCH ACTIVITIES. X X X true true X X X X false false false false false false false false false JOHN HANAK 141224 0 0 0 8953 0 21229 0 14205 0 185611 0 0 0 GREG DEASON 151013 0 0 0 8325 0 22749 0 14683 0 196770 0 0 0 BELINDA RACHWAL 119674 0 0 0 360 0 17870 0 13064 0 150968 0 0 0 DAVID HODDE 119789 0 0 0 1210 0 18325 0 15887 0 155211 0 0 0 JOSEPH B HORNETT 236228 0 0 0 25751 0 36390 0 15995 0 314364 0 0 0 JOHN BOYLE 187131 0 0 0 861 0 28486 0 16638 0 233116 0 0 0 ELIZABETH HART-WELLS 157628 0 0 0 427 0 23806 0 14928 0 196789 0 0 0 First-class or charter travel Schedule J, Part I, Line 1a PURDUE RESEARCH FOUNDATION OWNS AN AIRPLANE THAT IS USED BY BOARD MEMBERS AND MANAGEMENT FOR TRAVEL FOR BUSINESS PURPOSES. THE PLANE IS ALSO USED BY THE PURDUE AVIATION DEPARTMENT FOR EDUCATIONAL TRAINING. PURDUE RESEARCH FOUNDATION EXPENSES ASSOCIATED WITH THE AIRPLANE ARE EXCLUDED FROM TAXABLE INCOME FOR THE INDIVIDUALS SINCE THEY ARE USED FOR BUSINESS PURPOSES. Discretionary spending account Schedule J, Part I, Line 1a THE PRESIDENT HAS A DISCRETIONARY ACCOUNT AVAILABLE FOR SPENDING ON BUSINESS RELATED EXPENSES. PURDUE RESEARCH FOUNDATION EXPENSES ASSOCIATED WITH THE DISCRETIONARY ACCOUNT ARE EXCLUDED FROM TAXABLE INCOME SINCE THEY ARE USED FOR BUSINESS PURPOSES. SPENDING ON THE DISCRETIONARY FUNDS IS RESTRICTED TO ITEMS THAT FALL UNDER THE DISCRETIONARY GUIDELINES AND REQUIRE PROPER SUPPORTING DOCUMENTATION. Health or social club dues or initiation fees Schedule J, Part I, Line 1a PURDUE RESEARCH FOUNDATION PAYS COUNTRY CLUB DUES FOR INDIVIDUALS THAT ARE CONDUCTING BUSINESS AT THE CLUB (SUCH AS DONOR RELATIONS), AND NOT FOR ANY PERSONAL BENEFIT. THE AMOUNT OF COUNTRY CLUB DUES ARE EVAULATED FOR THE PORTION OF PERSONAL VERSUS BUSINESS USE. THE ADJUSTED DUES ARE THEN INCLUDED ON THE EARNING STATEMENTS FOR THOSE INDIVIDUALS. INDIANA FINANCE AUTHORITY 351602316 4550576H7 2012-06-13 16311239 REFUNDING OF 2004 AND 2004B BONDS false false false 0 0 16311239 0 0 16099421 211818 0 0 0 0 0 false true false false false false false false 0.0000 0.0000 0.0000 true false false false 0.0 false 0.0 false true X 2 842226 MARKET VALUE X 1 71000 MARKET VALUE X 1 710000 MARKET VALUE 5 false true false Explanations of reporting method for number of contributions Schedule M, Part I REAL ESTATE - OTHER: NUMBER OF CONTRIBUTIONS SECURITIES - PUBLICLY TRADED: NUMBER OF CONTRIBUTIONS REAL ESTATE - RESIDENTIAL: NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line 17 NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line 9 NUMBER OF CONTRIBUTIONS Number of contributions or items contributed. Schedule M, part I, column (b), Line 15 NUMBER OF CONTRIBUTIONS Description of other program services Form 990, Part III, Line 4d RESEARCH GRANTS BY GOVERNMENTAL AGENCIES AND INDUSTRY FOR BASIC RESEARCH. GRANTS PROVIDED TO PURDUE UNIVERSITY TO FURTHER THEIR EDUCATION AND RESEARCH MISSIONS. Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a THE EXECUTIVE COMMITTEE SHALL CONSIST OF 6 MEMBERS: 4 MEMBERS OF THE COMMITTEE SHALL BE ELECTED ANNUALLY BY THE BOARD OF DIRECTORS FROM THE MEMBERSHIP OF THE BOARD OF DIRECTORS. THE PRESIDENT SHALL BE A MEMBER EX-OFFICIO AND CHAIR. THE VICE-CHAIR OF THE BOARD OF DIRECTORS SHALL ALSO BE A MEMBER OF SAID COMMITTEE. THE EXECUTIVE COMMITTEE HAS GENERAL OVERSIGHT OF ALL QUESTIONS AFFECTING THE POLICY, PROPERTY AND FUNCTIONS OF THE FOUNDATION, SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. DURING INTERVALS BETWEEN BOARD MEETINGS, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE FOUNDATION, EXCEPT AS LIMITED BY THE BOARD OF DIRECTORS. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 WILL BE COMPLETED ANNUALLY AFTER THE AUDIT IS COMPLETE. THE COMPANY'S SENIOR VICE PRESIDENT/TREASURER/COO WILL REVIEW THE FORM 990 WITH THE ASSITANT VICE PRESIDENT OF FINANCE AND ALSO THE COMPANY'S FINANCE/AUDIT COMMITTEE. AFTER RESOLVING ANY AQUESTIONS OR UPDATES, THE FORM 990 WILL BE PRESENTED TO THE BOARD MEMBERS. ALL QUESTIONS AND CONCERNS OF THE MEMBERS OF THE BOARD WILL BE ADDRESSED BY THE SENIOR VICE PRESIDENT AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. AFTER ALL INPUT HAS BEEN APPROPRIATELY ADDRESSED, THE FORM 990 WILL BE FILED BY THE DUE DATE. Conflict of interest policy Form 990, Part VI, Section B, Line 12c A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. ANY CONFLICTS OF INTEREST ARE INVESTIGATED BY THE HUMAN RESOURCES DEPARTMENT. IF A CONFLICT OF INTEREST IS ESTABLISHED, HUMAN RESOURCES WILL ESTABLISH SAFEGUARDS TO PROTECT ALL PARTIES INVOLVED. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE PURDUE RESEARCH FOUNDATION HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE SUGGESTED SALARY INCREASES FOR ALL OFFICERS. ALL SALARIES ARE ALSO REVIEWED BY THE FINANCE/AUDIT COMMITTEE DURING THE COURSE OF THE OVERALL BUDGET PREPARATION AND THEN SENT TO THE FULL BOARD FOR APPROVAL. PURDUE RESEARCH FOUNDATION USES COMPARABILITY DATA FROM SIMILAR FOUNDATIONS AND UNIVERSITIES IN DETERMINING THE SALARIES FOR THE OFFICERS. THE APPROVAL OF THE SALARIES IS DOCUMENTED IN THE COMMITTEE MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2011. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE PURDUE RESEARCH FOUNDATION HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE SUGGESTED SALARY INCREASES FOR ALL OFFICERS. ALL SALARIES ARE ALSO REVIEWED BY THE FINANCE/AUDIT COMMITTEE DURING THE COURSE OF THE OVERALL BUDGET PREPARATION AND THEN SENT TO THE FULL BOARD FOR APPROVAL. PURDUE RESEARCH FOUNDATION USES COMPARABILITY DATA FROM SIMILAR FOUNDATIONS AND UNIVERSITIES IN DETERMINING THE SALARIES FOR THE OFFICERS. THE APPROVAL OF THE SALARIES IS DOCUMENTED IN THE COMMITTEE MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2011. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST TO PURDUE RESEARCH FOUNDATION. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -52694337; PRIOR PERIOD ADJUSTMENTS - 11115243; INVESTMENT IN PURDUE, GMP - -3946119; INPROTEO LLC 1281 WIN HENTSCHEL BLVD WEST LAFAYETTE IN 47906 431952076 RESEARCH DE 138413 138391 PURDUE RESEARCH FOUNDATION VACCINE LLC 1281 WIN HENTSCHEL BLVD WEST LAFAYETTE IN 47906 351052049 RESEARCH & EDUCATION IN 40127 78359 PURDUE RESEARCH FOUNDATION PURDUE UNIVERSITY OF CALUMET LLC 1281 WIN HENTSCHEL BOULEVARD WEST LAFAYETTE IN 479064182 351052049 MANAGE TECHNOLOGY CENTER IN 0 0 PURDUE RESEARCH FOUNDATION HUBZERO FOUNDATION LLC 1281 WIN HENTSCHEL BLVD WEST LAFAYETTE IN 47906 351052049 RESEARCH & EDUCATION IN 0 0 PURDUE RESEARCH FOUNDATION MCCLURE PARK LLC 1281 WIN HENTSCHEL BLVD WEST LAFAYETTE IN 47906 351078594 PROPERTY MANAGEMENT IN PURDUE RESEARCH FOUNDATION C CORPORATION 2599000 10845000 1 true false false true true false false false false false false false false true false true false false MCCLURE PARK LLC A 352229 COST MCCLURE PARKLLC D 15779199 COST MCCLURE PARK LLC E 1345945 COST