2012-11-14T16:46:00-06:00 2012-06-30 KPMG LLP 300 North Greene Street Suite 400 Greensboro NC 27401 990 2011-07-01 586033837 THE UNIVERSITY OF GEORGIA FOUNDATION % CYNTHIA COYLE UNIV 7065426677 394 SOUTH MILLEDGE AVENUE ATHENS GA 30602 CYNTHIA COYLE 2012-11-14 true 3362753394 2011 2016-02-24 21:20:13Z CYNTHIA COYLE 394 MILLEDGE AVENUE SUITE 100 ATHENS GA 30602 225657788 false X WWW.UGAFOUNDATION.ORG X 1937 GA TO SUPPORT THE UNIVERSITY OF GEORGIA 62 58 0 0 408666 -364048 14894760 36456143 704040 670287 8861506 10683886 8267346 8293868 32727652 56104184 17995858 26676925 0 0 0 0 0 0 2325282 9685300 16727589 27681158 43404514 5046494 12699670 627015306 754091650 23829650 28884347 603185656 725207303 TO SUPPORT THE UNIVERSITY OF GEORGIA false false 39808024 26676925 6379722 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. 39808024 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 true true false false false false true true true false false true 297 0 0 true true true CS false false false true true false false false false X 62 58 false false true 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 William D Young Jr 10.0 X X 0 0 0 John P Spalding 4.0 X X 0 0 0 Andrew M Head 2.0 X X 0 0 0 Kenneth G Jackson 5.0 X X 0 0 0 Michael F Adams 1.0 X 0 462853 248708 Daniel P Amos 2.0 X 0 0 0 Earl D Barrs 1.0 X 0 0 0 Robert D Bishop 2.0 X 0 0 0 Nelson E Bowers II 1.0 X 0 0 0 David E Boyd 1.0 X 0 0 0 Garry W Bridgeman 2.0 X 0 0 0 Terry S Brown 1.0 X 0 0 0 Otis A Brumby Jr 1.0 X 0 0 0 Maxine H Burton 1.0 X 0 0 0 James E Butler Jr 1.0 X 0 0 0 Charles E Campbell 2.0 X 0 0 0 J David Chatham 1.0 X 0 0 0 John H Crawford IV 2.0 X 0 0 0 Chester C Davenport 1.0 X 0 0 0 Jay M Davis 1.0 X 0 0 0 Darren W DeVore 2.0 X 0 0 0 William W Douglas III 2.0 X 0 0 0 Robert G Edge 1.0 X 0 0 0 James Don Edwards 1.0 X 0 5144 0 Norman S Fletcher 1.0 X 0 0 0 Joseph C Frierson Jr 5.0 X 0 0 0 Michael H Godwin 1.0 X 0 0 0 C William Griffin 3.0 X 0 0 0 F Sheffield Hale 2.0 X 0 0 0 Ben H Hall Jr 1.0 X 0 0 0 Samuel D Holmes 1.0 X 0 0 0 Gail J Hunnicutt 2.0 X 0 0 0 Julie E Hunt 1.0 X 0 0 0 Sarah C Irby 1.0 X 0 0 0 Steve C Jones 1.0 X 0 0 0 Jefferson B A Knox 1.0 X 0 0 0 John O Knox Jr 2.0 X 0 0 0 James L LaBoon Jr 1.0 X 0 0 0 Tom S Landrum 1.0 X 0 272202 74019 Thomas W Lawhorne Jr 1.0 X 0 0 0 Emily D Lawson 1.0 X 0 0 0 Keith W Mason 1.0 X 0 0 0 John F McMullan 2.0 X 0 0 0 Richard B Means 1.0 X 0 0 0 C Read Morton Jr 2.0 X 0 0 0 John S Neel Jr 1.0 X 0 0 0 Thomas H Paris III 1.0 X 0 0 0 Donald A Perry 1.0 X 0 0 0 William N Searcy 1.0 X 0 0 0 Swann Seiler 1.0 X 0 0 0 S Stephen Selig III 1.0 X 0 0 0 Scott A Shamp Jr 1.0 X 0 131201 30141 Stanley W Shelton 2.0 X 0 0 0 Stephen W Smith 1.0 X 0 0 0 Steven W Smith 1.0 X 0 0 0 Mary Lou C Swift 2.0 X 0 0 0 Susan C Waltman 2.0 X 0 0 0 Harriet H Warren 2.0 X 0 0 0 Don L Waters 2.0 X 0 0 0 Ramsey T Way 1.0 X 0 0 0 Charles S Williams Jr 3.0 X 0 0 0 Jane S Willson 1.0 X 0 0 0 Cynthia G Coyle 40.0 X 0 208670 28359 0 1080070 381227 0 false true false BLACKBAUD 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 SOFTWARE DEVELOPMENT 770083 GREG STONE MEDIA CONSULTING 65 GLEN OAKS DRIVE ATLANTA GA 30327 CONSULTING SERVICES 176421 DELOITTE TOUCHE LLP PO BOX 403568 ATLANTA GA 303843568 AUDIT SERVICES 170544 THOMAS MOSER CABINETMAKERS PO BOX 1237 AUBURN ME 042111237 CONSTRUCTION 164653 EPTING EVENTS PO BOX 6571 ATHENS GA 306046571 CATERING SERVICE 155043 13 656649 35799494 9655878 36456143 RENTS FROM STUDY ABROAD 531110 670287 670287 0 0 670287 6465284 0 408666 6056618 0 1842547 0 0 1842574 173328195 65000 169063965 110628 4264230 -45628 4218602 0 0 4218602 450610 656649 379011 71599 0 71599 0 0 CONSTRUCTION FUNDS RETURNED 900099 2156917 2156917 0 0 OTHER 900099 3518195 3518195 0 0 LICENSE PLATE REVENUE 900099 704610 704610 0 0 6379722 56104184 7050009 408666 12189393 26586925 26586925 0 90000 90000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 179853 75328 104525 0 257358 13699 243659 0 0 0 395970 395970 0 0 2136100 1814106 162552 159442 534681 331954 54503 148224 1133158 935275 54567 143316 543 465 0 78 0 662703 310860 76255 275588 1212349 1065853 41785 104711 0 4641603 2975613 356891 1309099 393728 393728 0 0 0 295048 295048 0 0 150721 109036 41568 117 TRANSFERS & DISTRIBUTIONS 2713691 2713691 0 0 REIMBURSABLE EXPENSES 346533 336077 6251 4205 MONETARY AWARDS 237431 237431 0 0 OTHER EXPENSES 1436119 1126965 128652 180502 43404514 39808024 1271208 2325282 0 14645965 27027624 77794931 15085136 41020344 3076293 1419408 0 0 0 0 401681 377121 0 0 52709 171226 31213142 2210931 26697654 29002211 5228621 248245528 545249505 337029762 0 0 0 0 4196083 4385154 627015306 754091650 597929 3237643 0 0 0 2326045 0 0 0 0 0 0 6720121 5798919 0 0 16511600 17521740 23829650 28884347 X 43365877 47737471 247798448 302355153 312021331 375114679 603185656 725207303 627015306 754091650 X 12699670 109321977 X false true true X false X 22058057 13189597 12334256 15382754 36456143 99420807 22058057 13189597 12334256 15382754 36456143 99420807 6713738 92707069 10359027 6344586 5196944 5336855 6465284 33702696 855793 2178435 2786214 8287933 6379722 20488097 153611600 0.60352 0.60660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 111.58 1 0 0 1 false 2345908 X X false 598438386 15964667 -9076686 18856335 586470032 450987974 10371493 90571298 12736828 539193937 406415826 6925378 48166906 10520136 450987974 541225119 7730473 -124931042 17608724 406415826 0.06324 0.61060 0.32615 false false 22629915 22629915 7857931 1559132 6298799 725296 651799 73497 29002211 1869594 F CASH & SHORT-TERM INVESTMENTS 1345395 F MARKETABLE ALTERNATIVES 224009515 F NON-MARKETABLE ALTERNATIVES 69525149 F SPLIT INTEREST INVESTMENTS 20305044 F COMMINGLED FIXED INCOME 19975065 F 337029762 0 FUNDS HELD FOR OTHERS 3816288 OBLIGATIONS RELATED TO DEFERRED GIFTS 11012617 DERIVATIVE FINANCIAL INSTRUMENTS 2692835 17521740 56104184 43404514 12699670 -18418464 -1126791 -19545255 -6845585 38734610 -18418464 791568 221016 -17405880 56140490 342705 -379011 -36306 56104184 45580195 791568 1726818 2518386 43061809 342705 342705 43404514 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. PART III, LINE 4 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. PART X, LINE 2 FIN 48 (ASC 740) DISCLOSURE THE FOUNDATION IS NONPROFIT ORGANIZATION EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION UNDER 509(A) OF THE IRC. CONTRIBUTIONS MADE TO THE FOUNDATION ARE DEDUCTIBLE BY THE DONORS. 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 2012. PART XI, LINE 8 OTHER CHANGE IN VALUE OF ANNUITIES 106,434 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 108,180 CHANGE IN FAIR VALUE OF DERIVATIVES (1,219,566) COSTA RICAN ENTITY NET LOSS (121,839) ----------- TOTAL (1,126,791) PART XII, LINE 2D AND 4B OTHER RECONCILING ITEMS LINE 2D COSTA RICAN ENTITY INCOME 1,225,968 CHANGE IN FAIR VALUE OF ANNUITIES 106,434 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 108,180 CHANGE IN FAIR VALUE OF DERIVATIVES (1,219,566) ----------- TOTAL 221,016 LINE 4B FUNDRAISING EXPENSES RECLASS 379,011 ----------- TOTAL 379,011 PART XIII, LINE 2D & 4B OTHER RECONCILING ITEMS LINE 2D COSTA RICAN ENTITY EXPENSES 1,347,807 FUNDRAISING EXPENSES RECLASS 379,011 ----------- TOTAL 1,726,818 true Central America and the Caribbean 1 32 Program Services SUPPORT ACADEMIC PRGMS 637074 1 32 1 32 637074 637074 Cent. America/Caribbean SEE PART V 90000 WIRE TRANSFE 0 N/A FMV 0 1 true false true true true false MONITORING THE USE OF GRANT FUNDS 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. PURPOSE OF GRANT PART II, LINE 1, COLUMN D TO SUPPORT STUDY ABROAD FACILITIES OF WHOLLY OWNED COSTA RICAN CORPORATION. GALA 508272 290940 217332 192088 BALL 274436 207933 66503 93108 14 324551 157776 166775 4589 89226 1107259 656649 450610 4589 374422 379011 71599 false THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 GOV'T 25708919 0 N/A N/A SCHOLARSHIPS AND OTHER SUPPORT NATIONAL MERIT SCHOLARSHIP PO BOX 99389 CHICAGO IL 60693 362307745 501(C)(3) 74000 0 N/A N/A SCHOLARSHIPS UGA ATHLETIC ASSOCIATION 1 SELIG CIRCLE BUTTS MEHRE BUILDIN ATHENS GA 30602 580652581 501(C)(3) 804006 0 N/A N/A SCHOLARSHIPS 3 0 MONITORING THE USE OF GRANT FUNDS 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 Michael F Adams 0 462853 0 0 0 0 0 238837 0 9871 0 711561 0 0 Cynthia G Coyle 0 208670 0 0 0 0 0 22223 0 6136 0 237029 0 0 Tom S Landrum 0 272202 0 0 0 0 0 54278 0 19741 0 346221 0 0 Scott A Shamp Jr 0 131201 0 0 0 0 0 15428 0 14713 0 161342 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 MICHAEL F. ADAMS RECEIVED $200,000 FROM A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN, PAID BY THE UNIVERSITY OF GEORGIA, A RELATED ORGANIZATION. DARREN W DEVORE TRUSTEE 0 SEE PART V false SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS The University of Georgia Foundation holds an investment of $13,816,714 as of June 30, 2012 in the Artisan Small Cap Value Fund. Mr. DeVore was a partner in Artisan Partners Limited Partnership, the advisor for the fund. X 98 9093027 FMV X 2 228533 APPRAISAL X HORSES 9 334318 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 A, LINE 4 SIGNIFICANT CHANGES MADE TO GOVERNING DOCUMENTS The bylaws were amended to reflect a board resolution to merge the Arch Foundation for the University of Georgia, Inc. with the University of Georgia Foundation. Upon the consummation of the merger on July 1, 2011, the Arch Foundation ceased to exist. The University of Georgia Foundation continues as the surviving corporation. The Foundation is responsible for all debts, liabilities, and duties of Arch. All gifts, bequests, devises, pledges, and other contributions and subscriptions to Arch that remained after the effective date of the merger inure to the Foundation. 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 AVAILALE UPON REQUEST Organization documents are available on the website and upon request. FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS Unrealized Losses (18,418,464) Change in Value of Annuities 106,434 Change in Cash Surrender Value of life insurance 108,180 Change in Fair Value of Derivatives (1,219,566) Costa Rican Entity Net (Income)/loss (121,839) Net Assets of Arch Foundation 126,875,799 Net Assets of Subsidiary 1,991,433 ------------ Total 109,321,977 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) 509(A)(1) UGA false UGA RESEARCH FOUNDATION 200 DW BROOKS DRIVE ATHENS GA 30602 581353149 SUPPORT UGA GA 501(C)(3) 509(A)(1) N/A false UGA REAL ESTATE FOUNDATION 229 COLLEGE AVE SUITE 200 ATHENS GA 30601 582491922 SUPPORT UGA GA 501(C)(3) 509(A)(3) UGA RESEARCH false THE UNIVERSITY SYSTEM OF GEORGIA FND 270 WASHINGTON STREET ATLANTA GA 30334 586333106 SUPPORT GA 501(C)(3) 509(A)(1) N/A false UGA ECOLODGE AND RESEARCH STATION SA SANTA ELENA DE MONTEVERDE PUNTARENAS COSTA RICA CS SEE PART VII CS UGA FOUNDATION C CORP -121839 2187098 1.00000 false true false false false false false false true false false false true true false true true false UNIVERSITY OF GEORGIA B 25708919 CASH UGA ATHLETIC ASSOCIATION B 804006 CASH UNIVERSITY OF GEORGIA I 670287 CASH UGA RESEARCH FOUNDATION Q 861685 CASH UNIVERSITY OF GEORGIA Q 427774 CASH UGA ATHLETIC ASSOCIATION Q 1334545 CASH UGA ECOLODGE & RESEARCH STATION SA B 90000 CASH UNIVERSITY OF GEORGIA P 150000 CASH UGA ATHLETIC ASSOCIATION P 200000 CASH PART IV, LINE 1 PRIMARY ACTIVITY MANAGE COSTA RICA STUDY ABROAD PROGRAM & SUPPORT RESEARCH.