2012-03-20T15:21:22-05:00 2011-06-30 CHERRY BEKAERT & HOLLAND LLP 201 WEST MCBEE AVENUE SUITE 200 GREENVILLE SC 29601 990 2010-07-01 570750000 CLEMSON UNIVERSITY RESEARCH FOUNDATION CLEM 8646563630 PO BOX 946 CLEMSON SC 296330946 VINCIE ALBRITTON 8646563630 2012-03-07 1 8642333981 2010 2016-02-24 21:20:13Z VINCIE ALBRITTON AMRL 91 TECHNOLOGY PARK DRIVE ANDERSON SC 29625 13469172 0 X WWW.CLEMSON.EDU/CURF X 1982 SC TO ENCOURAGE, PROMOTE AND SUPPORT RESEARCH AT CLEMSON UNIVERSITY 21 14 0 21 0 0 7398925 7499881 800143 1272467 46119 25812 4285484 4671012 12530671 13469172 5666631 6398445 0 0 438426 0 0 0 0 4354292 6087218 10459349 12485663 2071322 983509 15737682 16781543 7117041 7177393 8620641 9604150 X OUR MISSION IS TO COMMERCIALIZE THE INTELLECTUAL PROPERTY OF CLEMSON UNIVERSITY THROUGH TECHNOLOGY TRANSFER, LICENSING AGREEMENTS AND NEW VENTURE FORMATIONS, AND ASSIST IN DEVELOPING A STRONG RESEARCH INFRASTRUCTURE THROUGH DEVELOPMENT AND MANAGEMENT OF RESEARCH PROPERTIES, DEVELOPMENT OF TECHNOLOGY MATURATION AND EARLY STAGE RESEARCH GRANTS, AND PARTICIPATION IN SPONSORED RESEARCH ACTIVITIES. 0 0 10392977 6306045 5006205 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 BY PROMOTING INDUSTRY USE OF CLEMSON UNIVERSITY RESOURCES; TO SERVE CLEMSON UNIVERSITY AS THE RECOGNIZED AGENT FOR CONDUCTING TECHNOLOGY COMMERCIALIZATION AND MANAGEMENT ACTIVITIES INVOLVING INTELLECTUAL PROPERTY GENERATED BY OR IN ASSOCIATION WITH CLEMSON UNIVERSITY.CULR LLC, A (DISREGARDED ENTITY) 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. 10392977 1 1 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 X 59 0 0 0 0 0 0 0 0 0 0 0 0 X 21 14 1 0 0 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 THOMAS B MCTEER 1.00 X 0 0 0 DAVID S ROZENDALE 1.00 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 SONNENFIELD 1.00 X 0 73203 7283 JAMES R BOTTUM 1.00 X 0 343108 39075 BRETT A DALTON 1.00 X 0 209995 32445 ESIN GULARI 1.00 X 0 266166 15839 JOHN W KELLY 1.00 X 0 240191 43748 MARTINE LABERGE 1.00 X 0 208484 18392 THOMAS R SCOTT 1.00 X 0 196804 36450 CHARLES TEGEN 1.00 X 0 108172 23277 VINCIE ALBRITTON 22.50 X 0 110963 19409 CARLA R RATHBONE 1.00 X 0 136198 27962 JAMES BARKER 1.00 X 0 393857 41585 CARON ST JOHN 0.00 X 0 63623 5187 CHRISTIAN PRZIREMBEL 0.00 X 0 165316 19983 JOSEPH KOLIS 0.00 X 0 164005 34706 0 2680085 365341 0 1 1 0 DORITY & MANNING P O BOX1449 GREENVILLE SC 29602 ATTORNEYS 114886 1 6072852 1427029 7499881 RENTAL FEES FROM RESEA 541700 1214917 1214917 REGIONAL DYNAMICS ECON 541700 57550 57550 1272467 25812 25812 937274 937274 MANAGEMENT FEES AND FA 541700 1444744 1444744 COMPUTER SERVICE FEES 541700 583652 583652 REGISTRATION FEES 541700 561938 561938 1143404 1143404 3733738 13469172 5006205 0 963086 6306045 6306045 92400 92400 238699 238699 205379 3307 202072 1156562 910432 246130 1350 850 500 75693 24893 50800 11220 11220 78105 70858 7247 1216286 707381 508905 28302 9731 18571 65678 54519 11159 173295 173295 490916 209050 281866 32526 5565 26961 CURF PROGRAMS-DIRECT CO 1187478 782853 404625 CURF PROGRAMS-INDIRECT 965174 965174 PATENT FEES 93259 93259 OTHER EXP/LOSS MISCELLA 67296 67296 12485663 10392977 2092686 0 7345361 7315463 344256 326111 1711518 2541993 152522 156332 8527539 3868406 5044953 4659133 1139072 1782511 15737682 16781543 2007198 2053646 2059652 2119050 2974437 2968481 75754 36216 7117041 7177393 X 3233127 3272955 5387514 6331195 8620641 9604150 15737682 16781543 983509 0 X X 0 1 1 X 1 1 X X 0 0 0 CLEMSON UNIVERSITY 576000254 IRC 115 1 1 1 5122876 1 5122876 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 18614 3068 15546 0 1228733 1228733 6139699 3295901 2843798 814638 249807 564831 344469 322698 21771 4659133 DEPOSITS HELD FOR OTHERS 36216 36216 13469172 12485663 983509 0 983509 13469172 0 13469172 0 13469172 12485663 0 12485663 0 12485663 PART IV, LINE 1B: 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 UNIVERSITY OF PITTSBURGH 350 THACKERY HALL PITTSBURGH PA 15260 250965591 IRC 115 61701 BOOK VALUE ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; GEORGIA TECH RESEARCH CORPORATION 505 10TH STREET ATLANTA GA 30332 580603146 IRC 501(C)(3) 32046 BOOK VALUE ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; TURBULENT FLAME SPEED MEASUREMENTS AND MODELING OF SYNGAS FUELS SYNGAS PARTICULATE DEPOSITION AND EROSION AT THE LEADING EDGE OF A TURBINE BLADE WITH FILM COOLINGSYNGAS PARTICULATE DEPOSITION AND EROSION AT THE LEADING EDGE OF A TURBINE BLADE WITH FILM COOLINGAUTOIGNITION STUDIES OF SYNGAS AND HYDROGEN (SGH) FUELS VIRGINIA POLYTECHNIC INSTITUTE 201 SOUTHGATE CENTER BLACKSBURG VA 24061 546001805 IRC 115 129537 BOOK VALUE ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; AERO LOSSES, HEAT TRANSFER, DISCHARGE COEF. FOR DIFFERENT VANE TRAILING EDGE COOLING TECHNOLOGIES FOR SYNGAS-FIRED GAS TURBINES. UNIVERSITY OF CALIFORNIA SANTA BARBARA 3227 CHEADLE HALL SANTA BARBARA CA 931062050 956006145 IRC 115 18983 BOOK VALUE ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; EVALUATION COATINGS FOR CURRENT AND FUTURE SERVICE WITH THERMAL PROPERTY MEASUREMENTSCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; EVALUATION COATINGS FOR CURRENT AND FUTURE SERVICE WITH THERMAL PROPERTY MEASUREMENTS UNIVERSITY OF COLORADO 574 UCB BOULDER CO 803090574 846000555 IRC 115 61562 BOOK VALUE ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; HIGH PRESSURE KINETICS OF SYNGAS AND NEARLY PURE HYDROGEN FUELS UNIVERSITY OF TEXAS AUSTIN 101 EAST 27TH STREET SUITE 4300 RM 40349 AUSTIN TX 787137720 746000203 IRC 115 130803 BOOK VALUE ADVANCE GAS TURBINE SYSTEMS RESEARCH HIGH EFFICIENCY ENGINES AND TURBINES; DEVELOPMENT AND USAGE OF A NEW METHOLOGY FOR SIMULATING PARTICLE AND MITIGATING DEPOSITION EFFECTS IN THE HOT GAS PATHE DEPOSITION AND MITIGATING DEPOSITION EFFECTS IN THE HOT GAS PATH CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 296345306 576000254 IRC 115 5122876 BOOK VALUE RESEARCH ON MULTIPLE PROJECTS TIME WARNER 60 COLUMBUS CIRCLE NEW YORK NY 10023 841496755 300965 BOOK VALUE DOE (8206976)- CLEMSON UNIVERSITY CYBERINSTITUTECLEMSON UNIVERSITY CYBERINSTITUTE TIME WARNER 60 COLUMBUS CIRCLE NEW YORK NY 10023 841496755 127077 BOOK VALUE NSF - EPSCOR (8207489)- AN EPSCOR DESKTOP TO TERAGRID ECOSYSTEM: INTEGRATING CAMPUS-BASED WITH NATIONAL CYBERINFRASTRUCTURE CHARTER BUSINESS NETWORKS 12405 POWERSCOURT DR ST LOUIS MO 63131 431854210 320494 BOOK VALUE NSF (8207999) - EXPANDING AND IMPROVING THE C-LIGHT REGIONAL OPTICAL NETWORK 7 2 INDUSTRIAL INTERSHIPS; ADVANCE GAS TURBINE SYSTEMS RESEARCH 13 92400 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 JAMES R BOTTUM 0 343108 0 0 0 0 0 32561 0 6514 0 382183 0 0 BRETT A DALTON 0 209815 0 0 0 180 0 27658 0 4787 0 242440 0 0 ESIN GULARI 0 266166 0 0 0 0 0 11250 0 4589 0 282005 0 0 JOHN W KELLY 0 239004 0 0 0 1187 0 31652 0 12096 0 283939 0 0 MARTINE LABERGE 0 207809 0 0 0 675 0 10552 0 7840 0 226876 0 0 THOMAS R SCOTT 0 195927 0 0 0 877 0 26080 0 10370 0 233254 0 0 CARLA R RATHBONE 0 136198 0 0 0 0 0 18491 0 9471 0 164160 0 0 JAMES BARKER 0 391639 0 0 0 2218 0 29781 0 11804 0 435442 0 0 CARON ST JOHN 0 63571 0 0 0 52 0 3206 0 1981 0 68810 0 0 CHRISTIAN PRZIREMBEL 0 165316 0 0 0 0 0 16031 0 3952 0 185299 0 0 JOSEPH KOLIS 0 164005 0 0 0 0 0 22209 0 12497 0 198711 0 0 SUPPLEMENTAL INFORMATION PART III PART I, LINE 3: COMPENSATION OF THE EXECUTIVE DIRECTOR - THE BOARD OVERSEES THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF CLEMSON UNIVERSITY AND HIS COMPENSATION IS DETERMINED THROUGH THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA. THE FOLLOWING CLEMSON UNIVERSITY RESEARCH FOUNDATION BOARD MEMBERS ARE EMPLOYEES OF CLEMSON UNIVERSITY: CARON ST JOHN - CLEMSON UNIVERSITY EMPLOYEE-RESIGNED 2010 JAMES R BOTTUM - CLEMSON UNIVERSITY EMPLOYEE BRETT A DALTON - CLEMSON UNIVERSITY EMPLOYEE ESIN GULARI - CLEMSON UNIVERSITY EMPLOYEE JOHN W KELLY - CLEMSON UNIVERSITY EMPLOYEE MARTINE LABERGE - CLEMSON UNIVERSITY EMPLOYEE CHRISTAIN E G PRZIREMBEL - CLEMSON UNIVERSITY EMPLOYEE - RETIRED 2010 THOMAS R SCOTT - CLEMSON UNIVERSITY EMPLOYEE JOSEPH KOLIS IS A FORMER OFFICER (RESIGNED JUNE 2010) AND CLEMSON UNIVERSITY EMPLOYEE JAMES BARKER IS A NON-VOTING CURF BOARD MEMBER AND CLEMSON UNIVERSITY EMPLOYEE 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 2 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 CORPORATION THAT HAS A CONTRACTUAL RELATIONSHIP WITH CURF FOR IT DEVELOPMENT. SOME CLEMSON UNIVERSITY RESEARCH FOUNDATION (CURF) BOARD MEMBERS ARE KEY EMPLOYEES OF CLEMSON UNIVERSITY. CURF WAS THE RECIPIENT OF FOUR 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. THE FOLLOWING VOTING DIRECTORS OF CURF ARE EMPLOYEES OF CLEMSON UNIVERSITY: CARON ST JOHN (RESIGNED 2010) JAMES R BOTTUM BRETT A DALTON ESIN GULARI JOHN W KELLY MARTINE LABERGE CHRISTAIN E G PRZIREMBEL (RETIRED 2010) THOMAS R SCOTT GERALD SONNENFELD THE FOLLOWING OFFICERS ARE EMPLOYEES OF CLEMSON UNIVERSITY: CHARLES TEGEN VINCIE ALBRITTON CARLA RATHBONE THE FOLLOWING CURF BOARD MEMBERS SERVE AS VOTING BOARD MEMBERS OF OTHER RELATED ORGANIZATIONS: GERALD SONNENFELD - CLEMSON RESEARCH FACILITIES CORPORATION THOMAS B MCTEER - CLEMSON UNIVERSITY BOARD OF TRUSTEES BRETT A DALTON - CLEMSON RESEARCH FACILITIES CORPORATION 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 AND ASSOCIATE DIRECTOR ARE EMPLOYEES OF CLEMSON UNIVERSITY. COMPENSATION OF THE OFFICERS 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 TEN 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. CURF REIMBURSED CU FOR A PORTION OF THOSE SALARIES IN 2010. NO REIMBURSEMENT WAS PAID TO CU IN 2011. BOARD MEMBERS FORM 990, PAGE 6, LINE 7A: CERTAIN BOARD MEMBERS ARE SPECIFIED IN ORGANIZATION 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. CULR LLC P O BOX 389 CLEMSON SC 29633 208727594 LEASING AGENT SC 601209 1995161 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 1 0 0 1 1 1 1 0 0 CLEMSON UNIVERSITY (GRANTS) B 5122876 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (LEASE OF FACILITIES) I 884195 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 2201943 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (REIMBURSE UTILITY COSTS IN LEASED FACILITIES) ) P 955 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (REIMBURSE CULR RELATED BUSINESS) J 422715 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY (REIMBURSE PATENT AND OTHER BUSINESS RELATED COSTS) P 150912 AUDITED FINANCIAL REPORT