2023-05-09T09:34:06-05:00 2022-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 110 EAST COURT STREET SUITE 500 GREENVILLE SC 29601 990 2021-07-01 570750000 CLEMSON UNIVERSITY RESEARCH FOUNDATION CLEM 8646560797 PO BOX 946 CLEMSON SC 296330946 TRACY R WALTERS TREASURER 8646560797 2023-05-07 1 TRACY WALTERS 999009999 AMANDA ADAMS P00748038 8642333981 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CHRIS GESSWEIN PO BOX 946 CLEMSON SC 296330946 2360637 0 X HTTP://CURF.CLEMSON.EDU/ X 1982 SC TO SUPPORT RESEARCH, TECHNOLOGY TRANSFER, AND RELATED ACTIVITIES AT AND FOR THE BENEFIT OF CLEMSON UNIVERSITY. TO GENERATE RESEARCH FUNDING OPPORTUNITIES FOR CLEMSON UNIVERSITY TO SUPPORT RESEARCH INITIATIVES THAT ADVANCE UNIVERSITY DISCOVERIES TO CREATE NEW PRODUCTS AND SERVICES FOR PUBLIC USE AND BENEFIT. 9 5 0 5 0 0 334742 794580 1470911 1559546 76948 6511 0 0 1882601 2360637 66667 175000 0 0 0 0 0 0 0 2002052 2020767 2068719 2195767 -186118 164870 9369735 10060542 58856 575942 9310879 9484600 TO GENERATE RESEARCH FUNDING OPPORTUNITIES FOR CLEMSON UNIVERSITY TO SUPPORT RESEARCH INITIATIVES THAT ADVANCE UNIVERSITY DISCOVERIES TO CREATE NEW PRODUCTS AND SERVICES FOR PUBLIC USE AND BENEFIT. 0 0 2083539 175000 1559546 RESEARCH GRANT MONEY IS RECEIVED FROM VARIOUS ORGANIZATIONS AND IS SUB-AWARDED TO CLEMSON UNIVERSITY FOR PERFORMANCE OF THE RESEARCH; TO SERVE CLEMSON UNIVERSITY AS A PRIMARY ADMINISTRATOR OF TECHNOLOGY TRANSFER AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY ORIGINATING OUT OF CLEMSON UNIVERSITY.CULR LLC, (DISREGARDED ENTITY) A SUBSIDIARY OF CURF, PROVIDES ACCESS FOR THE UNIVERSITY, ITS RELATED ORGANIZATIONS AND OTHER ENTITIES TO NATIONAL RESEARCH AND EDUCATION NETWORKS USING SCALABLE HIGH SPEED FACILITIES BASED NETWORKS. 2083539 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 0 0 0 1 63 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 SC X LISA MARCUS DIRECTOR ACCOUNTING FOR RELATED ORGS 8646561873 391 COLLEGE AVENUE NO 302 CLEMSON SC 29634 ANDY CAJKA CHAIR 1.00 0.00 X X 0 0 0 KEITH BELLI DIRECTOR 1.00 36.50 X 0 289088 80664 CHRISTIE CORBETT DIRECTOR 1.00 0.00 X 0 0 0 CLIFF HOLEKAMP DIRECTOR 1.00 0.00 X 0 0 0 TANJU KARANFIL VICE CHAIR 1.00 36.50 X X 0 332747 31850 DENNIS KEKAS DIRECTOR 1.00 0.00 X 0 0 0 MARTINE LABERGE DIRECTOR 1.00 36.50 X 0 299237 29441 FRANK LANDGRAFF DIRECTOR 1.00 0.00 X 0 0 0 ANGIE LEIDINGER DIRECTOR 1.00 36.50 X 0 310210 77739 AUGUST C GESSWEIN EXECUTIVE DIRECTOR 37.50 0.00 X 0 171471 29684 TRACY WALTERS TREASURER 1.00 36.50 X 0 159873 49997 VINCIE C ALBRITTON DEPUTY DIRECTOR 37.50 0.00 X 0 141084 38748 CHASE C KASPER DIRECTOR OF BUSINESS DEVELOPMENT 37.50 0.00 X 0 134155 44471 0 1837865 382594 0 0 1 0 DORITY & MANNING PO BOX 1449 GREENVILLE SC 29602 LEGAL SERVICES 154277 CENTURYLINK PO BOX 52187 PHOENIX AZ 85072 COMPUTER SERVICES 133954 DATA NETWORK SOLUTIONS INC 629 LAKE TIDE DRIVE CHAPIN SC 29036 COMPUTER SERVICES 105308 3 794580 794580 COMPUTER SERVICE FEES 541700 511982 511982 UNIVERSITY SERVICES 541700 443074 443074 ROYALTY & LICENSING 541700 331786 331786 MAINTENANCE FEES 541700 138691 138691 MANAGEMENT FEES AND RE 541700 96030 96030 37983 37983 1559546 6511 6511 2360637 1559546 0 6511 175000 175000 437960 433763 4197 21189 21189 96003 96003 328 226 102 382920 382920 164177 164177 3455 2424 1031 15031 12969 2062 80249 61316 18933 21795 5811 15984 CU PROGRAM COSTS 511929 511929 SHARED SERVICES 111946 73626 38320 PROGRAM MANAGEMENT 96030 96030 MEMBERSHIP DUES 44196 44196 33559 23149 10410 2195767 2083539 112228 0 100 100 7675409 8298848 414458 82560 170644 86529 2592965 1993865 618033 599100 26496 46496 464595 403279 0 543630 9369735 10060542 41856 41426 17000 0 534516 58856 575942 X 7676071 7437274 1634808 2047326 9310879 9484600 9369735 10060542 164870 8851 0 X 0 1 X 1 0 X X 1 CLEMSON UNIVERSITY 576000254 6 1 175000 0 1 175000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION D, LINE 3: THE VOTING DIRECTORS AFFILIATED WITH THE SUPPORTED ORGANIZATION EXERCISE THEIR DIRECTOR RIGHTS TO PARTICIPATE IN BOARD DISCUSSIONS AND VOTING INVOLVING POLICIES AND THE USE OF THE SUPPORTING ORGANIZATION'S ASSETS IN FULFILLING ITS PURPOSE. PART IV, SECTION E, LINE 1C: CLEMSON UNIVERSITY RESEARCH FOUNDATION SUPPORTS THE GENERATION AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY OF CLEMSON UNIVERSITY THROUGH SUPPORT OF RESEARCH, TECHNOLOGY TRANSFER, AND LICENSING ADMINISTRATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 513901 513901 2079064 1993865 85199 599100 LEASE RECEIVABLE 543630 543630 DEFERRED INFLOWS FROM LEASES 534516 534516 X 2360637 0 2360637 0 2360637 2195767 0 2195767 0 2195767 PART X, LINE 2: THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2022 OR 2021 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART I, LINE 3: NO EXPENDITURES WERE INCURRED DURING FY22. THE FOUNDATION WAS THE RECIPIENT OF FOREIGN GRANT FUNDS. PART III ACCOUNTING METHOD: 1 CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER ROAD CLEMSON SC 29634 576000254 170(C)(1) 175000 0 SPONSORED AND NON-SPONSORED RESEARCH OPERATIONS 1 0 PART I, LINE 2: GRANT FUND EXPENDITURES ARE REVIEWED BY A PRINCIPAL INVESTIGATOR FOR COMPLIANCE WITH THE TERMS OF THE GRANT, AND TO ENSURE THEY ARE REASONABLE AND ALLOWABLE. THE PRINCIPAL INVESTIGATOR CERTIFIES 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 THE 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 ANGIE LEIDINGER DIRECTOR 0 293126 0 4428 0 12656 0 65033 0 12706 0 387949 0 0 KEITH BELLI DIRECTOR 0 282696 0 4350 0 2042 0 65459 0 15205 0 369752 0 0 TANJU KARANFIL VICE CHAIR 0 324622 0 4950 0 3175 0 14728 0 17122 0 364597 0 0 MARTINE LABERGE DIRECTOR 0 290089 0 3385 0 5763 0 15093 0 14348 0 328678 0 0 TRACY WALTERS TREASURER 0 155700 0 2401 0 1772 0 36512 0 13485 0 209870 0 0 AUGUST C GESSWEIN EXECUTIVE DIRECTOR 0 165969 0 2625 0 2877 0 8971 0 20713 0 201155 0 0 VINCIE C ALBRITTON DEPUTY DIRECTOR 0 137416 0 2105 0 1563 0 31352 0 7396 0 179832 0 0 CHASE C KASPER DIRECTOR OF BUSINESS DEVELOPMENT 0 131102 0 2025 0 1028 0 30358 0 14113 0 178626 0 0 FORM 990, PART VI, SECTION A, LINE 7A CERTAIN BOARD MEMBERS ARE SPECIFIED BY THEIR POSITIONS AT CLEMSON UNIVERSITY. OTHER BOARD MEMBERS ARE ELECTED BY THE CURRENT BODY OF BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COPY IS PROVIDED TO THE AUDIT COMMITTEE AND SENT TO THE 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 THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY DIRECTOR OR OFFICER SHALL DECLARE HIMSELF/HERSELF AS "ABSTAINING" FROM VOTING ON ANY MATTER IN WHICH SAID DIRECTOR OR OFFICER MAY BE CONSIDERED TO HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CLEMSON UNIVERSITY RESEARCH FOUNDATION HAS NO EMPLOYEES. COMPENSATION FROM RELATED ORGANIZATIONS PAID TO DIRECTORS OF CURF IS FOR WORK PERFOMED AS EMPLOYEES OF CLEMSON UNIVERSITY. THE CURF BOARD OVERSEES THE EXECUTIVE DIRECTOR. COMPENSATION OF THE EXECUTIVE DIRECTOR, TREASURER, AND STAFF OF CURF IS DETERMINED THROUGH THE CLEMSON UNIVERSITY HUMAN RESOURCES DEPARTMENT SUBJECT TO AND WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SC AND APPLICABLE SC LAW, WHICH IS CONSISTENT WITH A STANDARD OF REASONABLENESS AND COMPARABLE COMPENSATION IN THE MARKET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CLEMSON UNIVERSITY LIGHT RAIL LLC PO BOX 389 CLEMSON SC 29633 208727594 LEASING AGENT AND INFORMATION TECHNOLOGY SERVICE PROVIDER SC 524875 1275842 CLEMSON UNIVERSITY RESEARCH FOUNDATION CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER R CLEMSON SC 29634 576000254 RESEARCH UNIVERSITY SC 170(C)(1) N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 CLEMSON UNIVERSITY B 175000 AUDITED FINANCIAL STATEMENTS CLEMSON UNIVERSITY L 443074 AUDITED FINANCIAL STATEMENTS CLEMSON UNIVERSITY O 111946 AUDITED FINANCIAL STATEMENTS