2022-11-15T09:27:37-06:00 2022-06-30 560574444 CHERRY BEKAERT LLP 1029 GREENE STREET AUGUSTA GA 30901 990 2021-07-01 581418202 AUGUSTA UNIVERSITY RESEARCH INSTITUTE INC AUGU 7067212592 1120 15TH STREET AUGUSTA GA 30912 JASON GUILBEAULT EXECUTIVE DIRECTOR 7067212592 2022-11-15 1 JASON GUILBEAULT XXX-XX-XXXX ELIZABETH MORRISON P00231389 7067243557 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JASON GUILBEAULT 1120 15TH STREET AUGUSTA GA 30912 80267713 0 X WWW.AUGUSTA.EDU/RESEARCH/EXPLORE/SPA/ABOUT-AURI.P X 1980 GA TO OBTAIN FUNDS FOR AUGUSTA UNIVERSITY (AU) FOR RESEARCH, DEVELOPMENT, AND OTHER PROGRAMS. 9 1 0 0 0 0 77022959 79210374 23668 404987 385570 220407 756396 430745 78188593 80266513 72434342 74521300 0 0 0 0 0 0 0 3456746 3749520 75891088 78270820 2297505 1995693 19929017 21382894 5993579 6364742 13935438 15018152 X AUGUSTA UNIVERSITY RESEARCH INSTITUTE, INC. (THE "INSTITUTE") WAS INCORPORATED UNDER THE LAWS OF THE STATE OF GEORGIA AS A NONPROFIT CORPORATION ON JULY 31, 1980. THE INSTITUTE QUALIFIED AS A TAX-EXEMPT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE INSTITUTE IS TO SERVE AUGUSTA UNIVERSITY (THE "UNIVERSITY") AND ENHANCE ITS EXCELLENCE AS A RESEARCH INSTITUTION. THE INSTITUTE CONTRIBUTES TO THE RESEARCH FUNCTION OF THE UNIVERSITY BY SECURING GIFTS, CONTRIBUTIONS, AND GRANTS FROM OBTAINING CONTRACTS WITH SUCH INDIVIDUALS OR ENTITIES FOR THE PERFORMANCE OF SPONSORED RESEARCH, DEVELOPMENT, OR OTHER PROGRAMS IN THE VARIOUS UNIVERSITY SCHOOLS, DEPARTMENTS, AND OTHER UNITS WITHIN THE AU ENTERPRISE. 0 0 78045796 74521300 764902 ALL RESEARCH GRANTS AND CONTRACTS AWARDED TO THE RESEARCH INSTITUTE ARE SUBCONTRACTED TO AUGUSTA UNIVERSITY (AU). STAFF AND FACULTY AT AU RECEIVE THESE AND ADDITIONAL INSTITUTE FUNDS FOR RESEARCH TRAINING, INSTRUCTION, SERVICE, OR OTHER PURPOSES RELATED TO AU MISSIONS. 78045796 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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 0 1 0 0 0 1 50 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X RHEA LORD 7067217075 AUGUSTA UNIVERSITY 1120 15TH STREET AUGUSTA GA 30912 DR BROOKS KEEL CHAIR PRESIDENT, EX-OFFICIO VOTING 1.00 39.00 X X 0 894605 188946 DR MICHAEL DIAMOND VICE CHAIR, SVPR, EX-OFFICIO VOTING 1.00 39.00 X X 0 436105 38196 DR TRINANJAN DATTA ASSOCIATE PROFESSOR, VOTING 1.00 39.00 X 0 95423 20635 DR WENDY BOLLAG PROFESSOR, VOTING 1.00 39.00 X 0 120554 11433 DR JOHN RICHARDS JR CHAIR AUDIT & FIN. COMM., 1.00 0.00 X 0 0 0 DR MANUELA BARTOLI PROFESSOR, VOTING 1.00 39.00 X 0 165610 27388 NEIL MACKINNON TREAS., VOTING 1.00 39.00 X X 0 381242 89156 DAVID MATTSON DEP. CHAIR, VOTING 1.00 39.00 X 0 288297 38946 DR RUDOLF LUCAS PROFESSOR, VOTING 1.00 39.00 X 0 139079 29765 SHEREE WRIGHT721-322 EXEC.DIR. - NON VOTING 1.00 39.00 X 0 158534 31057 JASON GUILBEAULT 422-622 EXEC.DIR. - NON VOTING 1.00 39.00 X 0 155864 41068 0 2835313 516590 0 0 1 0 SMITH GAMBRELL & RUSSELL LLP 1230 PEACHTREE ST NE STE 3100 ATLANTA GA 303093592 LEGAL 688577 CORNERSTONE GOVERNMENT AFFAIRS 300 INDEPENDENCE AVE SE WASHINGTON DC 20003 CONSULTING 180000 2 67912721 11297653 79210374 INCOME FROM SUBCONTRACT WITH AU 541900 404987 404987 404987 121275 121275 359915 359915 72030 1200 70830 70830 70830 99132 0 99132 99132 99132 80266513 764902 0 291237 74521300 74521300 62981 62981 25840 25840 5772 5772 3400 3400 12867 12867 2250 2250 288877 288877 7879 7879 5944 5944 AU SUPPORT RESEARCH SUB 3142541 3142541 TECHNOLOGY TRANSFER OPE 93078 93078 PERSONNEL EXPENSE 50695 50695 SUPPLIES AND EQUIPMENT 47396 47396 78270820 78045796 225024 0 7125693 9363465 1617768 1590088 5530604 5611518 5317417 4760701 337535 57122 19929017 21382894 64302 72839 5675291 6026920 253986 264983 5993579 6364742 X 13865465 14948179 69973 69973 13935438 15018152 19929017 21382894 X 1995693 -913997 1018 X X 0 1 X 1 1 1 X 60657292 60236110 66144266 77022959 79210374 343271001 60657292 60236110 66144266 77022959 79210374 343271001 343271001 195527 232265 218187 236251 193305 1075535 344346536 2925704 0.99690 0.99560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER LIABILITIES 19090 DUE TO AUGUSTA UNIVERSITY 245893 264983 79348962 -913997 2218 -911779 80260741 5772 5772 80266513 78266248 1200 1200 78265048 5772 5772 78270820 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 1,200. GAIN ON COST METHOD INVESTMENTS 1,018. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 1,200. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RESEARCH GRANT EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES RESEARCH GRANT MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES RESEARCH GRANT NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES RESEARCH GRANT EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RESEARCH GRANT SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES RESEARCH GRANT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 AUGUSTA UNIVERSITY 1120 15TH STREET AUGUSTA GA 30912 586002053 GOVERNMENT 74521300 0 PROVIDE FUNDING FOR SPECIAL RESEARCH INITIATIVES AND PROVIDE SUPPORT OF CAPITAL OUTLAY PROJECTS, SCHOLARSHIPS, AND OTHER SUPPORTING ACTIVITIES. 1 0 PART I, LINE 2: THE ORGANIZATION HAS DESIGNED AND IMPLEMENTED INTERNAL CONTROLS OVER COMPLIANCE WITH GRANTS AND CONTRACTS REQUIREMENTS. THE ORGANIZATION IS ALSO SUBJECT TO AN ANNUAL OMB UNIFORM GRANT GUIDANCE AUDIT, AS WELL AS SEFA, WHICH TESTS THE ORGANIZATION'S INTERNAL CONTROLS OVER COMPLIANCE FOR FEDERAL GRANT COMPLIANCE REQUIREMENTS. ALL GRANTS RECEIVED BY AUGUSTA UNIVERSITY RESEARCH INSTITUTE, INC. ARE SUBCONTRACTED TO AUGUSTA UNIVERSITY. 0 1 0 0 0 0 0 0 0 DR BROOKS KEEL CHAIR PRESIDENT, EX-OFFICIO VOTING 0 851305 0 43300 0 0 0 176796 0 12150 0 1083551 0 0 DR MICHAEL DIAMOND VICE CHAIR, SVPR, EX-OFFICIO VOTING 0 436105 0 0 0 0 0 26796 0 11400 0 474301 0 0 NEIL MACKINNON TREAS., VOTING 0 381042 0 200 0 0 0 72881 0 16275 0 470398 0 0 DAVID MATTSON DEP. CHAIR, VOTING 0 288297 0 0 0 0 0 26796 0 12150 0 327243 0 0 JASON GUILBEAULT 422-622 EXEC.DIR. - NON VOTING 0 140564 0 0 0 15300 0 31251 0 9817 0 196932 0 0 DR MANUELA BARTOLI PROFESSOR, VOTING 0 165610 0 0 0 0 0 15967 0 11421 0 192998 0 0 SHEREE WRIGHT721-322 EXEC.DIR. - NON VOTING 0 143334 0 0 0 15200 0 30861 0 196 0 189591 0 0 DR RUDOLF LUCAS PROFESSOR, VOTING 0 134435 0 4644 0 0 0 13490 0 16275 0 168844 0 0 PART I, LINE 4B THE COMPENSATION REPORTED IN SCHEDULE J, PART II COLUMN C INCLUDES DEFERRED COMPENSATION PAID BY AUGUSTA UNIVERSITY AS PART OF A 457(F) DEFERRED COMPENSATION PLAN. SCHEDULE J, PART III: AUGUSTA UNIVERSITY RESEARCH INSTITUTE (AURI) HAS NO EMPLOYEES. OFFICERS OF AURI ARE EMPLOYED BY AUGUSTA UNIVERSITY, OR ARE OUTSIDE UNPAID COMMUNITY MEMBERS, AND ARE COMPENSATED FOR THE ROLE PERFORMED FOR AUGUSTA UNIVERSITY IF THEY ARE EMPLOYEES. OFFICERS OF AURI ARE ALSO OFFICERS OF AUGUSTA UNIVERSITY WHICH IS THE SUBCONTRACTOR ON ALL SPONSORED PROGRAM FUNDING RECEIVED BY AURI. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF AUGUSTA UNIVERSITY RESEARCH INSTITUTE IS EMPOWERED BY THE BYLAWS OF THE CORPORATION TO EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE ORGANIZATION EXCEPT FOR AMENDMENTS TO THE ARTICLES OF INCORPORATION AND THE BYLAWS, WHICH MUST BE CONSIDERED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A ALL OF THE BUSINESS AND AFFAIRS OF THE CORPORATION ARE REPORTED TO THE BOARD OF DIRECTORS NAMED OR ELECTED PURSUANT TO THE ARTICLES OF INCORPORATION. EACH VOTING DIRECTOR MAY VOTE ON ANY QUESTION BEFORE THE BOARD. THE BOARD OF DIRECTORS SHALL CONSIST OF NINE (9) VOTING MEMBERS SELECTED AS FOLLOWS: (A) THE PRESIDENT OF AUGUSTA UNIVERSITY SHALL SERVE AS CHAIR OF THE BOARD AND IS AN EX-OFFICIO VOTING MEMBER; (B) THE UNIVERSITY'S SENIOR VICE-PRESIDENT FOR RESEARCH SHALL SERVE AS THE VICE CHAIR, AND IS AN EX-OFFICIO VOTING MEMBER; (C) THE UNIVERSITY'S EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS AND PROVOST, EX-OFFICIO, VOTING; (D) THE UNIVERSITY'S ASSOCIATE VICE PRESIDENT FOR RESEARCH ADMINISTRATION ALSO SERVES AS THE EXECUTIVE DIRECTOR OF AURI AND IS AN EX-OFFICIO, NON-VOTING MEMBER AND IS A MEMBER OF ALL COMMITTEES, STANDING OR OTHERWISE; (E) THE UNIVERSITY'S PRESIDENT SELECTS THREE ADDITIONAL VOTING MEMBERS EX-OFFICIO WITH EVIDENCE OF A STRONG COMMITMENT TO RESEARCH; (F) THE UNIVERSITY FACULTY SENATE SELECTS THREE ADDITIONAL VOTING MEMBERS TWO OF WHICH ARE INVOLVED IN RESEARCH. THE SENATE SELECTED MEMBERS DO NOT HAVE TO BE FROM THE SAME COLLEGE. THE OFFICERS OF THE RESEARCH INSTITUTE CONSIST OF A CHAIR OF THE BOARD, VICE CHAIR, AN EXECUTIVE DIRECTOR, A SECRETARY, AND A TREASURER. THE BOARD MAY ELECT AT ITS DISCRETION ONE OR MORE ASSISTANT SECRETARIES AND ASSISTANT TREASURERS. ONE PERSON MAY BE ELECTED TO HOLD TWO OFFICES, EXCEPT THAT THE SAME PERSON MAY NOT BE BOTH CHAIR AND SECRETARY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE REVIEW THE RETURN AND AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE GOVERNING BODY RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING ON MATTERS INVOLVING BUSINESSES WITH WHICH THEY ARE ASSOCIATED. ADDITIONALLY, PERIODIC BOARD MEETINGS INCLUDE REVIEW OF BOARD MEMBERS' RESPONSIBILITIES AND THE NEED TO DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 NO MEMBER OF THE BOARD OF DIRECTORS RECEIVES COMPENSATION FROM THE RESEARCH INSTITUTE FOR SERVICES PERFORMED BY SAID MEMBER IN HIS OR HER CAPACITY AS DIRECTOR, EXCEPT FOR THE EXECUTIVE DIRECTOR OF THE RESEARCH INSTITUTE. THE EXECUTIVE DIRECTOR MAY BE REIMBURSED BY THE RESEARCH INSTITUTE FOR HIS/HER REASONABLE EXPENSES ACTUALLY AND NECESSARILY INCURRED BY HIM/HER IN THE PERFORMANCE OF THEIR OFFICIAL DUTIES AS EXECUTIVE DIRECTOR. ALL ARE COMPENSATED BY AUGUSTA UNIVERSITY, COMPENSATION FOR THE BOARD MEMBERS IS CONSISTENT WITH PREVAILING WAGES FOR THE RESPONSIBILITIES, AND DUE DELIBERATION IS UNDERTAKEN AS PART OF THE REQUIREMENTS OF THE UNIVERSITY SYSTEM OF GEORGIA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON COST METHOD INVESTMENTS 1,018. FORM 990, PAGE 12, PART XII, LINE 2C AUGUSTA UNIVERSITY RESEARCH INSTITUTE, INC.'S (AURI) FINANCIAL AND AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND FOR SELECTION OF INDEPENDENT ACCOUNTANTS. APPOINTED BY THE BOARD OF DIRECTORS, THE FINANCE AND AUDIT COMMITTEE CONSISTS OF THE VICE CHAIR OF THE BOARD, THE TREASURER OF THE BOARD, AND ONE OTHER MEMBER OF THE BOARD, ONE OF WHOM IS DESIGNATED BY THE BOARD TO SERVE AS CHAIR FOR A THREE-YEAR TERM. ADDITIONALLY, THE EXECUTIVE DIRECTOR OF AUGUSTA UNIVERSITY RESEARCH INSTITUTE SERVES AS EX-OFFICIO, NON-VOTING MEMBER OF THE FINANCE COMMITTEE. THE FINANCE COMMITTEE REVIEWS AND MAKES RECOMMENDATIONS TO THE BOARD ON ANY AND ALL MATTERS RELATED TO THE FISCAL AFFAIRS OF THE CORPORATION. MEETINGS OF THE FINANCE AND AUDIT COMMITTEE ARE HELD UPON THE CALL OF THE CHAIR OF THE BOARD, THE CHAIR OF THE FINANCE COMMITTEE, OR UPON CALL OF ANY THREE VOTING MEMBERS OF THE FINANCE COMMITTEE UPON NO LESS THAN THREE DAYS WRITTEN NOTICE. A MAJORITY OF THE VOTING MEMBERS OF THE COMMITTEE CONSTITUTES A QUORUM. MINUTES OF THE MEETINGS OF THE FINANCE COMMITTEE ARE KEPT AND ARE REPORTED TO THE EXECUTIVE COMMITTEE OF AURI AND TO ITS BOARD OF DIRECTORS AT THEIR NEXT RESPECTIVE MEETINGS. FORM 990, PAGE 2 MISSION STATEMENT CONTINUED: IN A MEMORANDUM OF UNDERSTANDING ("MOU") DATED APRIL 1, 1981, THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA AUTHORIZED THE INSTITUTE TO SERVE AS THE OFFICIAL GRANTEE FOR ALL CONTRACTS, GRANTS, AND GIFTS FOR THE CONDUCT OF SPONSORED RESEARCH AT THE UNIVERSITY. THE MOU ALSO ASSIGNED ALL INTELLECTUAL PROPERTY DEVELOPED THROUGH THE RESEARCH PROGRAMS OR BY THE UNIVERSITY PERSONNEL TO THE INSTITUTE. IN ADDITION, THE INSTITUTE IS THE ADMINISTRATIVE ORGANIZATION FOR EMPLOYEE-RELATED DISCOVERIES, INNOVATIONS, INVENTIONS, PATENTS, AND COPYRIGHTS. THE ONGOING OBJECTIVE OF THE INSTITUTE IS TO PROVIDE SERVICES TO THE UNIVERSITY AND, THROUGH THOSE SERVICES, TO ENHANCE THE UNIVERSITY'S PROGRAMS AND GOALS AS A RESEARCH INSTITUTION. AUGUSTA UNIVERSITY 1120 15TH STREET AUGUSTA GA 30912 586002053 INSTITUTION OF HIGHER EDUCATION AND RESEARCH UNIVERSITY GA GOVERNMENT 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 AUGUSTA UNIVERSITY B 74521300 AUDITED FINANCIAL STATEMENT AUGUSTA UNIVERSITY D 245893 AUDITED FINANCIAL STATEMENT AUGUSTA UNIVERSITY P 109958 AUDITED FINANCIAL STATEMENT