2020-10-27T16:58:18-05:00 2020-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2019-07-01 840600653 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION COLO 9704912933 PO BOX 483 FORT COLLINS CO 80522 JULIE BIRDSALL CHEIF FINANCIAL OFFICER 9704912933 2020-10-20 1 KYLE FRITCH CPA P01313374 9702238825 2020-10-20 71.205.71.115 2020-10-20 14:36:10 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 BBD53E55469E4B987BF8E8344891013371E39694 2019 2021-01-29 14:40:06Z JULIE BIRDSALL PO BOX 483 FORT COLLINS CO 80522 15400892 0 X WWW.CSURF.ORG X 1941 CO AID & ASSIST UNIVERSITIES GOVERNED BY THE CSU SYSTEM IN THEIR RESEARCH & EDUCATIONAL EFFORTS. 5 5 45 5 290504 279592 2936183 4389651 41440 80822 1922438 1559668 6659439 8630012 11559500 14660153 0 0 0 0 2570973 4789564 0 0 0 6141164 8770742 8712137 13560306 2847363 1099847 66901229 77045972 52875918 61930802 14025311 15115170 X COLORADO STATE UNIVERSITY RESEARCH FOUNDATION (CSURF), IS A PRIVATE, NOT-FOR-PROFIT COLORADO CORPORATION ESTABLISHED (IN 1941) TO AID AND ASSIST THE TWO UNIVERSITIES (COLORADO STATE UNIVERSITY AND COLORADO STATE UNIVERSITY PUEBLO) GOVERNED BY THE BOARD OF GOVERNORS OF THE COLORADO STATE UNIVERSITY SYSTEM IN THEIR RESEARCH AND EDUCATIONAL EFFORTS. FUNCTIONS OF CSURF INCLUDE PATENT AND LICENSING MANAGEMENT; EQUIPMENT LEASING AND MUNICIPAL LEASE ADMINISTRATION; FINANCING OF EQUIPMENT, REAL ESTATE AND BUILDINGS THROUGH MORTGAGE DEBT OBLIGATION(S); AND LAND ACQUISITION, DEVELOPMENT AND MANAGEMENT. 1 0 9245991 6350787 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION PROVIDES MANAGEMENT OF VARIOUS PROPERTIES HELD BY OR FOR THE BENEFIT OF COLORADO STATE UNIVERSITY. 1561606 2067477 TECHNOLOGY TRANSFER ASSISTS WITH PATENT AND LICENSING MANAGEMENT. 10807597 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 194 0 1 45 1 1 1 1 MX 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 1 1 CO X JULIE H BIRDSALL 9704912933 2537 RESEARCH BOULEVARD SUITE 200 FORT COLLINS CO 80526 DON MAROSTICA CHAIRMAN 1.00 X X 0 0 0 DAVID L WOOD VICE-CHAIRMAN 1.00 X X 0 0 0 RAYNO SEASER TRUSTEE 1.00 X 0 0 0 DIANE EVANS TRUSTEE 1.00 X 0 0 0 DAVID CONRAD TRUSTEE 1.00 X 0 0 0 AJAY MENON PRESIDENT/CEO (FROM 10/01/19) 40.00 X 78702 0 11139 KATHLEEN HENRY PRESIDENT/CEO (THRU 09/30/19) 40.00 X 300269 0 46082 JULIE H BIRDSALL CFO & CORPORATE SECRETARY/TREASURER 40.00 X 177216 0 35781 TODD HEADLEY VICE PRESIDENT - TECHNOLOGY TRANSFER 40.00 X 242607 0 61911 NANCY HURT VICE PRESIDENT - REAL ESTATE 40.00 X 168660 0 42680 TERRY OPGENORTH LICENSING & BUSINESS DEVELOPMENT 30.00 X 220602 0 54288 DONNA BAILY SENIOR LEGAL COUNSEL 40.00 X 133624 0 30903 CARIN HERMANN ASSOCIATE LEGAL COUNSEL 40.00 X 129616 0 29766 STEVE FOSTER LICENSING & BUSINESS DEVELOPMENT 40.00 X 119960 0 38620 RICHARD T CALLAN SENIOR REAL ESTATE ANALYST 40.00 X 117983 0 29255 1689239 0 380425 9 0 1 0 GCH CONSTRUCTION COMPANY INC 4496 BENTS DRIVE UNIT C WINDSOR CO 80550 CONSTRUCTION CONTRACTOR 2578176 HILLSIDE CONSTRUCTION 216 HEMLOCK STREET FORT COLLINS CO 80524 CONSTRUCTION CONTRACTOR 516851 POLSINELLI PC PO BOX 878681 KANSAS CITY MO 641878681 PATENT LEGAL FEES 375858 CONNELL RESOURCES 7785 HIGHLAND MEADOWS PKWY 100 FORT COLLINS CO 80528 INFRASTRUCTURE SERVICES 184400 GOLD CROWN MANAGEMENT COMPANY 1743 WAZEE STREET STE 300 DENVER CO 80202 PROJECT MANAGEMENT SERVICES 129000 9 X 4389651 4389651 PROGRAM SERVICE REVENUE 531390 80822 80822 80822 308282 -2066 310348 2067477 2067477 6364982 0 6364982 6364982 6072412 292570 1991159 739773 1251386 1251386 1251386 198519 966 197553 197553 14660153 8418264 290504 1561734 1263627 154037 1109590 2697534 2261314 436220 336912 287310 49602 247670 178204 69466 243821 154522 89299 894061 871013 23048 68900 68900 247694 247694 6800 6800 84910 84910 27243 27243 1561606 1561606 1869399 1869399 51196 51196 16683 16683 1651469 1651469 1540400 1457988 82412 266219 188456 77763 DUES & LICENSES 255268 67826 187442 FACILITIES MAINTENANCE 35762 35762 STAFF TRAINING 17811 17811 EQUIPMENT LEASE & MAINT 8013 8013 167308 61891 105417 13560306 10807597 2752709 0 7693586 8711074 1559367 1053147 487339 738097 9467141 9126965 86217 66600 66946 26680 49920341 11979117 37855020 37941224 10032 45 9675581 19382140 66901229 77045972 2845161 2794295 185062 110000 41802936 45350794 8042759 13675713 52875918 61930802 X 13862197 14952056 163114 163114 14025311 15115170 66901229 77045972 1099847 -9988 0 X 0 1 X 0 0 X 2472475 1243809 1372528 2936183 4389651 12414646 2472475 1243809 1372528 2936183 4389651 12414646 12414646 329058 321289 317908 306574 308282 1583111 102922 243913 290504 637339 14635096 1369110 0.84830 0.83740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 163114 163114 163114 163114 163114 163114 163114 163114 4584684 4421570 163114 1.00000 0 0 11921910 11921910 34661998 10444679 24217319 1728516 642534 1085982 894196 600656 293540 713721 291248 422473 37941224 PROPERTY HELD FOR CSU 12057437 LONG-TERM RECEIVABLES LEASED EQUIPMENT 61561 DEPOSITS AND DEFERRED COSTS 74897 CONSTRUCTION IN PROGRESS - OTHER 3215838 INVESTMENT IN CSURF AC 1115071 DUE FROM INTO-CSU, LLC 1227500 ASSETS HELD FOR SALE 1629836 19382140 SECURITY DEPOSITS 390776 DUE TO INTO-CSU, LLC 1227500 PROPERTY HELD FOR CSU 12057437 13675713 X PART V, LINE 4: THE ENDOWMENT FUND CONSISTS OF THE FOLLOWING: IN 1969, CSURF RECEIVED A GIFT OF APPROXIMATELY 11,650 ACRES OF LAND, IMPROVEMENTS AND SOME OTHER ASSETS. THE PROPERTY IS SUBJECT TO THE CONDITION THAT THE REAL ESTATE WOULD NEVER BE SOLD OR DISPOSED OF AND WILL BE USED IN ORGANIZATION'S EXEMPT PURPOSES. PART X, LINE 2: CSURF IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTIONS 170(B)(1)(A)(IV), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1). CSURF IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. MANAGEMENT HAS DETERMINED THAT CSURF IS SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS FOR YEARS ENDED JUNE 30, 2018, AND 2019. CSURF'S FORM 990-T ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS PRIOR TO 2015. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES OPERATIONAL SUPPORT FOR PROGRAM EXPENSES 213091 NORTH AMERICA 0 0 INVESTMENT IN FOREIGN SUBSIDIARY 1115071 0 0 0 0 0 0 1328162 0 1328162 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 3: THE CSURF AC TODOS SANTOS CENTER (THE CENTER) PROVIDES THE OPPORTUNITY FOR COLORADO STATE UNIVERSITY (CSU) STUDENTS TO GROW AS GLOBAL CITIZENS IN THEIR UNDERSTANDING OF AND APPRECIATION FOR OTHER CULTURES; THE CENTER PROVIDES A VARIETY OF RESEARCH AND EDUCATIONAL OPPORTUNITIES THAT CSU STUDENTS WOULD NOT OTHERWISE BE ABLE TO BE A PART OF. THE CENTER ALSO CREATES A COMMUNITY HUB FOR EDUCATIONAL SESSIONS AND INFORMATION SHARING. CSU'S LEADING EDUCATIONAL RESOURCES AND EXPERTISE COMBINED WITH NATURAL, CULTURAL AND HISTORICAL ASPECTS OFFERED BY THE COMMUNITY CREATES EXPANSIVE POSSIBILITIES FOR RESEARCH, LEARNING AND EXPERIENCES FOR BAJA CALIFORNIA SUR RESIDENTS, THE CSU COMMUNITY, AND BEYOND. IN FULFILLMENT OF COLORADO STATE UNIVERSITY RESEARCH FOUNDATION'S (CSURF) MISSION TO AID AND ASSIST CSU IN THEIR RESEARCH AND EDUCATIONAL EFFORTS, CSURF TRANSFERS PROGRAM REVENUES AND OPERATIONAL FUNDS FROM THE U.S. TO THE CSURF AC IN MEXICO TO SUPPORT THE ACTIVITIES HELD AT THE TODOS SANTOS CENTER. PROGRAM SERVICE AMOUNTS REPORTED ON SCHEDULE F, PART I, LINE 3 REPRESENT THE FUNDS TRANSFERRED DURING FISCAL YEAR ENDED JUNE 30, 2020. X 0 0 0 0 0 0 0 0 0 KATHLEEN HENRY PRESIDENT/CEO (THRU 09/30/19) 295351 0 0 0 4918 0 33011 0 13640 0 346920 0 0 0 JULIE H BIRDSALL CFO & CORPORATE SECRETARY/TREASURER 176543 0 0 0 673 0 24732 0 11641 0 213589 0 0 0 TODD HEADLEY VICE PRESIDENT - TECHNOLOGY TRANSFER 242055 0 0 0 552 0 35255 0 27394 0 305256 0 0 0 NANCY HURT VICE PRESIDENT - REAL ESTATE 168004 0 0 0 656 0 24240 0 18962 0 211862 0 0 0 TERRY OPGENORTH LICENSING & BUSINESS DEVELOPMENT 219164 0 0 0 1438 0 32054 0 22929 0 275585 0 0 0 DONNA BAILY SENIOR LEGAL COUNSEL 132927 0 0 0 697 0 18665 0 12744 0 165033 0 0 0 CARIN HERMANN ASSOCIATE LEGAL COUNSEL 129516 0 0 0 100 0 18021 0 12240 0 159877 0 0 0 STEVE FOSTER LICENSING & BUSINESS DEVELOPMENT 119821 0 0 0 139 0 17117 0 21988 0 159065 0 0 0 FORM 990, PART III, LINE 2 ON JULY 1, 2019 COLORADO STATE UNIVERSITY VENTURES, INC. (CSUV), A RELATED TAX-EXEMPT ORGANIZATION, WAS DISSOLVED AND ITS OPERATIONS AND ASSETS WERE INTEGRATED WITH CSU RESEARCH FOUNDATION. THE CHARITABLE PURPOSES OF CSUV ARE NOW CONDUCTED BY CSU RESEARCH FOUNDATION, WHICH INCLUDE SUPPORTING AND PROMOTING THE TRANSFER OF COLORADO STATE UNIVERSITY (CSU) RESEARCH AND INNOVATIONS INTO THE MARKETPLACE FOR THE BENEFIT OF SOCIETY; SERVING CSU FACULTY AND RESEARCHERS WHO WISH TO PROTECT AND LICENSE INTELLECTUAL PROPERTY; BUILDS RELATIONSHIPS WITH INDUSTRIES AND INVESTORS SEEKING TO ENGAGE WITH CSU AND; LEVERAGES CSU INNOVATION TO FOSTER BUSINESS FORMATION AND ENHANCE REGIONAL ECONOMIC VITALITY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO CSURF BOARD OF TRUSTEES BY THE AUDIT FIRM DURING THE ANNUAL BOARD MEETING FOR DISCUSSION AND APPROVAL BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS/TRUSTEES AND KEY EMPLOYEES ARE COVERED BY THE POLICY AND ARE REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST FORM ANNUALLY DISCLOSING ANY/ALL POTENTIAL CONFLICTS. IN ADDITION, ALL EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT TO THE CORPORATION. IF CONFLICTS ARE DISCLOSED, THE BOARD AND SENIOR MANAGEMENT REVIEWS AND RESPONDS ACCORDINGLY AND IF DISCLOSED BY A VOTING MEMBER, THE MEMBER ABSTAINS FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES IS BASED ON VARIOUS FACTORS, INCLUDING BUT NOT LIMITED TO, THE RESPONSIBILITIES ASSOCIATED WITH THE POSITION, RELEVANT EXPERIENCE AND EDUCATION OF THE EMPLOYEE, AND COMPARABLE POSITIONS WITHIN THE NONPROFIT SECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 6A: THE PRIMARY PURPOSE OF CSURF IS TO AID AND ASSIST COLORADO STATE UNIVERSITY AND OTHER UNIVERSITIES GOVERNED BY THE BOARD OF GOVERNORS OF COLORADO STATE UNIVERSITY SYSTEM IN THEIR RESEARCH AND EDUCATIONAL EFFORTS. IN FULFILLING THE ORGANIZATION'S EXEMPT PURPOSE, PART OF CSURF'S FUNCTION IS TO ASSIST COLORADO STATE UNIVERSITY IN ACQUIRING REAL ESTATE AND LAND FOR OPERATIONS AS WELL AS FOR FUTURE EXPANSION OF THE UNIVERSITY. COLORADO STATE UNIVERSITY RESEARCH FOUNDATION DE MEXICO AC IGNACIO L VALLARTA 811 SUR COLONI MONTERREY NUEVO LEON MX CP 64070 OPERATE TODOS SANTOS CAMPUS MX COLORADO STATE UNIVERSITY RESEARCH FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION DE MEXICO AC R 213091 COST