2012-11-14T16:04:58-06:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 1715 1ST AVENUE SE CEDAR RAPIDS IA 52402 990 2011-07-01 237436761 UNIVERSITY OF IOWA RESEARCH FOUNDATION UNIV 3193354546 2660 UNIVERSITY CAPITOL CENTRE IOWA CITY IA 522425500 DOUG TRUE 3193354546 2012-11-14 1 DAVID LITTLE P01480921 3193632697 2011 2016-02-24 21:20:13Z DOUG TRUE 2660 UNIVERSITY CAPITOL CENTRE IOWA CITY IA 522425500 10435370 0 X HTTP://RESEARCH.UIOWA.EDU/UIRF/ X 1975 IA THE FOUNDATION ENCOURAGES INVESTIGATION AND RESEARCH AT THE UNIVERSITY OF IOWA. 20 9 13 11 0 0 419492 640506 8033652 8810835 1113182 984029 0 0 9566326 10435370 0 0 0 0 1370454 1484513 0 0 0 8375717 8898588 9746171 10383101 -179845 52269 30486790 27385870 4439282 1285532 26047508 26100338 THE PURPOSE OF THE FOUNDATION IS TO ENCOURAGE INVESTIGATION AND RESEARCH AT THE UNIVERSITY OF IOWA BY OBTAINING AND MAINTAINING COPYRIGHTS, PATENTS, ETC AND BY ASSISTING IN COMMERCIAL DEVELOPMENT OF THESE TECHNOLOGIES. 0 0 9852969 8810835 DURING FISCAL YEAR 2012, THE UNIVERSITY OF IOWA RESEARCH FOUNDATION RECEIVED 102 DISCLOSURES OF NEW INVENTIONS FROM UNIVERSITY OF IOWA (UI) RESEARCHERS; FILED 72 US PATENT APPLICATIONS; EXECUTED 39 LICENSE/OPTION AGREEMENTS; OBTAINED 59 ISSUED PATENTS; AND DISTRIBUTED NET REVENUE TO UI INVENTORS, UI COLLEGES, DEPARTMENTS, AND OTHER THIRD PARTY CO-OWNERS IN THE AMOUNT OF $5.5 MILLION DOLLARS. 9852969 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 56 0 13 1 0 0 0 0 0 0 0 0 0 0 X 20 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LINDA L MCNIEL 3193354073 200 S CAPITOL ST 2660 UCC IOWA CITY IA 52242 GAIL AGRAWAL 1.00 X 0 305089 25300 MARK ARNOLD 1.00 X 0 216014 22753 HOWARD BREMER 1.00 X 0 0 0 GREG CARMICHAEL 1.00 X 0 314073 31317 JORDAN COHEN 1.00 X 0 300864 35328 SUE CURRY 1.00 X 0 362852 27295 JACK EVANS 1.00 X 0 0 0 DAVID HENSLEY 1.00 X 0 221353 21357 RICH HICHWA 1.00 X 0 193832 39526 JAY JOHNSON 1.00 X 0 0 0 ROBERT KARR 1.00 X 0 0 0 MATT KINLEY 1.00 X 0 0 0 MARK KITTRELL 1.00 X 0 0 0 LYNETTE MARSHALL 1.00 X 0 0 0 DAVID MILES 1.00 X 0 0 0 CURT NELSON 1.00 X 0 0 0 PAUL ROTHMAN 1.00 X 0 658402 23863 DON SCHOEN 1.00 X 0 0 0 BERN SHEN 1.00 X 0 0 0 PATRICIA WINOKUR 1.00 X 0 205736 19749 SALLY MASON 1.00 X X 0 483080 27269 DOUG TRUE 1.00 X X 0 359067 35641 ZEV SUNLEAF 40.00 X 124564 0 13818 124564 3620362 323216 1 0 1 0 KILPATRICK TOWNSEND & STOCKTON PO BOX 39000 SAN FRANCISCO CA 94137 LEGAL SERVICES 311139 VIKSNINS HARRIS & PADYS 7900 INTL DR STE 670 BLOOMINGTON MN 55425 LEGAL SERVICES 308856 COMPUTER PACKAGES INC 414 HUNGERFORD DRIVE ROCKVILLE MD 20850 COMPUTER SERVICES 256001 BALLARD SPAHR ANDREWS & INGERSOLL LLP 1735 MARKET ST 9 FL PHILADELPHIA PA 19103 LEGAL SERVICES 183320 STARTUP MIDWEST MANAGEMENT 221 BOLIVAR ST STE 101 JEFFERSON CITY MO 65101 CONSULTING SERVICES 163125 7 640506 640506 ROYALTIES 711120 6396719 6396719 REIMBURSED PATENT ACQU 541700 1496043 1496043 LICENSE, SUBLICENSE, & 541700 918073 918073 8810835 984029 984029 10435370 8810835 0 984029 138383 101020 37363 958765 699898 258867 387365 282776 104589 5007 5007 39775 39775 24224 18168 6056 5548320 5548320 152917 114688 38229 7953 5965 1988 11862 8897 2965 PATENT ACQUISITION COST 2260745 2260745 OTHER BUSINESS TECH AND 679860 679860 NON-COMPETITIVE SUBSIDY 85500 85500 OPERATING EXPENSE 55668 20375 35293 26757 26757 10383101 9852969 530132 0 4250009 2518355 1666514 769862 261932 261932 32260 82087 76938 47176 41970 29762 24228591 23708706 5514 15166 30486790 27385870 334881 254799 615 0 4103786 1030733 4439282 1285532 X 0 0 0 0 26047508 26100338 26047508 26100338 30486790 27385870 X 52269 561 X X 0 1 1 X 0 X X X 0 0 0 UNIVERSITY OF IOWA 426004813 2 0 78000 1 78000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76938 47176 29762 29762 UI POOLED CASH & INVESTMENTS 23632135 F EQUITY INVESTMENTS 76571 F 23708706 ROYALTIES DUE 1030733 1030733 10435370 10383101 52269 559 2 561 52830 10435929 559 559 10435370 0 10435370 10383101 0 10383101 0 10383101 X 0 0 0 0 0 0 0 0 0 GAIL AGRAWAL 0 265705 0 0 0 39384 0 21032 0 4268 0 330389 0 0 MARK ARNOLD 0 176693 0 0 0 39321 0 18982 0 3771 0 238767 0 0 GREG CARMICHAEL 0 282411 0 0 0 31662 0 27787 0 3530 0 345390 0 0 JORDAN COHEN 0 258819 0 0 0 42045 0 20966 0 14362 0 336192 0 0 SUE CURRY 0 343312 0 0 0 19540 0 20351 0 6944 0 390147 0 0 DAVID HENSLEY 0 147636 0 47809 0 25908 0 15645 0 5712 0 242710 0 0 RICH HICHWA 0 163310 0 0 0 30522 0 31253 0 8273 0 233358 0 0 PAUL ROTHMAN 0 524322 0 120740 0 13340 0 21299 0 2564 0 682265 0 0 PATRICIA WINOKUR 0 193827 0 0 0 11909 0 18189 0 1560 0 225485 0 0 SALLY MASON 0 430831 0 8400 0 43849 0 19600 0 7669 0 510349 0 0 DOUG TRUE 0 331452 0 0 0 27615 0 28465 0 7176 0 394708 0 0 FORM 990, PART VI, SECTION B, LINE 11 A PRELIMINARY DRAFT OF THE FORM 990 IS PROVIDED TO UIRF STAFF FOR DETAIL REVIEW. AFTER IT IS REVIEWED, BUT PRIOR TO IT BEING FILED WITH THE IRS, AN UPDATED AND FINAL COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED AND SIGNED BY EACH BOARD MEMBER ANNUALLY. DURING THE PROCUREMENT PROCESS UIRF PAYS SPECIAL ATTENTION TO IDENTIFYING ANY POTENTIAL CONFLICTS OF INTERESTS AND SUBJECTS ITSELF TO THE UNIVERSITY OF IOWA'S POLICY, PROCEDURE AND DISCLOSURE REQUIREMENTS. THE SELECTION OF LICENSEES IS ANOTHER AREA WHERE CONFLICTS COULD POTENTIALLY ARISE SO UIRF FOLLOWS REPORTING PROCEDURES AND HAS DAILY DISCUSSIONS WITH THE EXECUTIVE DIRECTOR TO HELP IDENTIFY ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS RENEWED AND APPROVED BY THE UNIVERSITY OF IOWA VICE PRESIDENT FOR RESEARCH OFFICE AND ASSOCIATED HUMAN RESOURCE PERSONNEL; THAT PROCESS IS GOVERNED BY POLICY AND PROCEDURE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE FILED WITH THE STATE OF IOWA. FINANCIAL STATEMENTS ARE AVAILABLE AS PART OF THE UI FINANCIAL REPORT AND ALSO THE ANNUAL REPORT, WHICH IS ON THE UIRF WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 559. PRIOR PERIOD ADJUSTMENTS: 2. TOTAL TO FORM 990, PART XI, LINE 5: 561. AUDIT OVERSIGHT COMMITTEE FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE PROCEDURES USED BY THE AUDIT OVERSIGHT COMMITTEE. FULL PROGRAM SERVICE REVENUE DESCRIPTIONS FORM 990, PART VIII, LINE 2B & LINE 2C: 2B REIMBURSED PATENT ACQUISITION COSTS 2C LICENSE, SUBLICENSE, & MILESTONE FEE UNIVERSITY OF IOWA 105 JESSUP HALL IOWA CITY IA 522421316 426004813 EDUCATIONAL INSTITUTION IA 501(C)(3) 170(B)(1)(A) (II) N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0