2017-11-10T11:57:19-06:00 2017-06-30 560574444 CHERRY BEKAERT LLP 1029 Greene Street Augusta GA 30901 990 2016-07-01 581353149 University of Georgia Research Foundation UNIV 7065426860 324 Business Svces 456 East Broad Athens GA 30602 RYAN NESBIT FINANCIAL VP AND TREASURER 7065411361 2017-11-02 1 Heather Morin P01270715 7067243557 70.88.29.50 2017-11-02 14:50:58 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B5C0B14ED87105292589A5DCE7C563DDDBD44F0E 2016 2018-03-14 21:41:22Z RYAN NESBIT administration building athens GA 30602 216489686 0 X www.ovpr.uga.edu/ugarf/ X 1978 GA THE FOUNDATION OBTAINS GOVERNMENT AND PRIVATE RESEARCH GRANTS ON BEHALF OF THE UNIVERSITY OF GEORGIA. GRANTS ARE AWARDED TO FACULTY RESEARCHERS AT THE UNIVERSITY. 17 10 0 0 0 0 160445433 182409293 0 0 1191637 2343119 9774638 9331551 171411708 194083963 156356506 177729229 0 0 0 0 0 0 0 12350880 13099178 168707386 190828407 2704322 3255556 99737020 113585507 54114787 64068268 45622233 49517239 X THE RESEARCH FOUNDATION IS ORGANIZED TO FULFILL BROAD SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES AND OPERATES TO ENHANCE THE MISSION OF THE UNIVERSITY OF GEORGIA OF TEACHING, RESEARCH, AND PUBLIC SERVICE.THE RESEARCH FOUNDATION CONTRIBUTES TO THE RESEARCH FUNCTION OF THE UNIVERSITY BY SECURING RESEARCH CONTRACTS, GRANTS, AND AWARDS FROM INDIVIDUALS, INSTITUTIONS, PRIVATE ORGANIZATIONS, AND GOVERNMENT AGENCIES FOR THE PERFORMANCE OF SPONSORED RESEARCH IN THE VARIOUS UNIVERSITY COLLEGES, SCHOOLS, DEPARTMENTS, AND OTHER UNITS.IN THE INTELLECTUAL PROPERTY ADMINISTRATION AGREEMENT, THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA AUTHORIZED THE RESEARCH FOUNDATION TO SERVE AS THE OFFICIAL RECIPIENT OF ALL RESEARCH CONTRACTS, GRANTS, AND AWARDS FOR THE CONDUCT OF SPONSORED RESEARCH AT THE UNIVERSITY. 0 0 12390262 8733292 PROGRAM SERVICES RELATED TO RESEARCH PROJECTS FUNDED BY GRANTS AND ROYALTIES FROM PATENTS DEVELOPED 177729229 177729229 182409293 RESEARCH SUBCONTRACTS - UGA 190119491 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 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 1 0 1 0 1 178 0 1 0 0 1 CJ VI 0 0 0 0 0 0 0 0 X 17 10 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 GA X CHAD CLEVELAND 7065426860 456 E BROAD STREET athens GA 30602 JERE W MOREHEAD PRESIDENT/CHAIR 5.00 40.00 X X 0 616944 244234 PAMELA S WHITTEN VICE CHAIR 1.00 40.00 X X 0 408514 43012 JESSICA ORBOCK SECRETARY 1.00 40.00 X 0 201174 24567 RYAN A NESBIT FINANCIAL VP/TREASURER 1.00 40.00 X X 0 269127 66339 ALAN DARVILL Director 1.00 40.00 X 0 287789 42606 C Greg Guyer Director 1.00 1.00 X 0 0 0 CADER COX Director 1.00 1.00 X 0 0 0 Christopher Cummiskey Director 1.00 1.00 X 0 0 0 F ABIT MASSEY Director 1.00 1.00 X 0 0 0 GREGORY H ROBINSON Director 1.00 40.00 X 0 316316 71924 JOSEF M BRODER Director 1.00 40.00 X 0 211180 49817 N KIRBY ALTON Director 1.00 1.00 X 0 0 0 Sonia M Altizer Director 1.00 40.00 X 0 114705 31367 SUSAN WALTMAN Director 1.00 0.00 X 0 0 0 SUSANNE HOLLINGER Director 1.00 0.00 X 0 0 0 SYLVIA Q GIRAUDO Director 1.00 40.00 X 0 104364 33177 WILLIAM S KISAALITA Director 1.00 40.00 X 0 148723 32938 DAVID C LEE EXECUTIVE VICE PRESIDENT 1.00 40.00 X X 0 294899 46610 DEREK E EBERHART CHIEF LICENSING OFFICER 1.00 40.00 X 0 198914 27858 LIBBY V MORRIS FORMER VICE CHAIR 1.00 40.00 X 0 228828 48114 0 3401477 762563 0 1 1 0 MUETING RAASCH & GEBHARDT PA 111 THIRD AVE S SUITE 350 MINNEAPOLIS MN 55401 LEGAL FEES 877368 THOMAS HORSTEMEYER LLP 3200 Windy Hill Rd SE STE 1600E ATLANTA GA 30339 LEGAL FEES 236990 COSUD INTELLECTUAL PROPERTY SOLUTIONS (S 714 COLORADO AVE BRIDGEPORT CT 06605 LEGAL FEES 136792 3 182409293 182409293 756197 756197 8733292 8733292 75300 0 75300 75300 75300 23992645 22405723 1586922 1586922 1586922 BIOBUSINESS CENTER 900099 522959 522959 522959 194083963 522959 0 11151711 177729229 177729229 1153 1153 44300 44300 152026 152026 6649123 6649123 11340 11340 4565 4565 30650 30650 95008 95008 RESEARCH PROGRAM ENHANC 4463889 4463889 LICENSES, PATENTS, & CO 1277250 1277250 LOSS FROM PASSTHROUGH 281358 281358 MISCELLANEOUS EXPENSE 88516 88516 190828407 190119491 708916 0 9939988 17571113 840447 997388 1252307 1142307 110000 110000 39268856 38673811 949080 754033 48628649 55479162 99737020 113585507 35462518 41521574 6275 6275 18645994 22540419 54114787 64068268 X 45622233 49517239 45622233 49517239 99737020 113585507 X 3255556 563341 76109 X X 0 1 X 1 1 1 X 145225538 139674036 147634867 160445433 182409293 775389167 145225538 139674036 147634867 160445433 182409293 775389167 775389167 8916825 10728252 8022623 10411542 9564789 47644031 249668 376275 400096 498545 522959 2047543 825080741 0.93980 0.93840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110000 110000 1142307 1142307 0 110000 GRANTS, CONTRACTS AND ROYALTIES RECEIVABLE 35096248 FUNDS DEPOSITED WITH THE UNIVERSITY OF GEORGIA 20382914 55479162 ADVANCED PAYMENTS ON CONTRACTS 22540419 22540419 194647304 563341 563341 194083963 0 194083963 190752298 0 190752298 76109 76109 190828407 Part XII, Line 4b - Other Adjustments: LOSS ADJUSTMENT FROM VARIOUS INVESTING ACTIVITIES 76,109. Central America and the Caribbean investment 4008654 0 0 0 0 0 0 4008654 0 4008654 0 0 0 1 1 0 PART IV, LINE 4 THE ORGANIZATION IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" ("PFICS"). THE ORGANIZATION DID NOT RECEIVE ANY TAXABLE DISTRIBUTIONS FROM ANY OF THE PFICS DURING FISCAL YEAR 2017. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E)." 1 THE UNIVERSITY OF GEORGIA 456 E BROAD STREET ATHENS GA 30602 586001998 115(1) 177729229 book FUNDS ARE PAID TO THE UNIVERSITY OF GEORGIA FOR EDUCATIONAL AND RESERACH PURPOSES AND ACADEMIC SUPPORT. 1 Part I, Line 2: THE ORGANIZATION HAS DESIGNED AND IMPLEMENTED INTERNAL CONTROLS OVER COMPLIANCE WITH GRANT REQUIREMENTS. THE ORGANIZATION IS ALSO SUBJECT TO AN ANNUAL AUDIT, WHICH TESTS THE ORGANIZATION'S INTERNAL CONTROLS OVER COMPLIANCE FOR FEDERAL GRANT COMPLIANCE REQUIREMENTS UNDER NEW UNIFORM GUIDANCE (UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS), FORMERLY OMB CIRCULAR A-133. Schedule I ALL GRANTS RECEIVED BY UNIVERSITY OF GEORGIA RESEARCH FOUNDATION ARE SUBCONTRACTED TO the UNIVERSITY OF GEORGIA. 0 1 0 0 0 0 0 0 0 JERE W MOREHEAD PRESIDENT/CHAIR 0 592944 0 0 0 24000 0 236148 0 8086 0 861178 0 0 PAMELA S WHITTEN VICE CHAIR 0 384514 0 0 0 24000 0 24486 0 18526 0 451526 0 0 JESSICA ORBOCK SECRETARY 0 183012 0 0 0 18162 0 19069 0 5498 0 225741 0 0 RYAN A NESBIT FINANCIAL VP/TREASURER 0 248358 0 0 0 20769 0 39945 0 26394 0 335466 0 0 ALAN DARVILL Director 0 272789 0 0 0 15000 0 27100 0 15506 0 330395 0 0 GREGORY H ROBINSON Director 0 316124 0 0 0 192 0 46607 0 25317 0 388240 0 0 JOSEF M BRODER Director 0 211076 0 0 0 104 0 31331 0 18486 0 260997 0 0 WILLIAM S KISAALITA Director 0 148723 0 0 0 0 0 14335 0 18603 0 181661 0 0 DAVID C LEE EXECUTIVE VICE PRESIDENT 0 290537 0 0 0 4362 0 24486 0 22124 0 341509 0 0 DEREK E EBERHART CHIEF LICENSING OFFICER 0 198599 0 0 0 315 0 18705 0 9153 0 226772 0 0 LIBBY V MORRIS FORMER VICE CHAIR 0 228513 0 0 0 315 0 33296 0 14818 0 276942 0 0 SCHEDULE J: UNIVERSITY OF GEORGIA RESEARCH FOUNDATION (UGARF) HAS NO EMPLOYEES. OFFICERS AND SOME DIRECTORS OF UGARF ARE EMPLOYED BY THE UNIVERSITY OF GEORGIA (UGA) AND ARE COMPENSATED FOR THE ROLE PERFORMED FOR UGA. OFFICERS OF UGARF ARE ALSO OFFICERS OF UGA WHICH IS THE SUBCONTRACTOR ON ALL SPONSORED RESEARCH RECEIVED BY UGARF. PART I, LINE 3: THE PRESIDENT/CHAIR OF UGARF IS PAID DIRECTLY BY UGA FOR HIS ROLE AS PRESIDENT OF THE UNIVERSITY. THE UNIVERSITY SYSTEM OF GEORGIA BOARD OF REGENTS ESTABLISHES THE PRESIDENT'S ANNUAL COMPENSATION THROUGH THE USE OF WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND THE APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B: THE COMPENSATION REPORTED IN PART II, COLUMN C INCLUDES DEFERRED COMPENSATION OF $204,014 PAID BY UGA AS PART OF A 457(F) DEFERRED COMPENSATION PLAN. Form 990, Part VI, Section A, line 7a UNIVERSITY OF GEORGIA RESEARCH FOUNDATION'S PRESIDENT, VICE CHAIR, EXECUTIVE VICE PRESIDENT AND FINANCIAL VICE PRESIDENT (ALL VOTING MEMBERS) ARE ELECTED OR APPOINTED AS EX-OFFICIO, MEMBERS BY VIRTUE OF THEIR UNIVERSITY OF GEORGIA POSITION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY ALUMNI ASSOCIATION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY UNIVERSITY COUNCIL. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY the UNIVERSITY OF GEORGIA FOUNDATION. FOUR VOTING MEMBERS ARE ELECTED BY VOTE OF THE UNIVERSITY of GEORGIA RESEARCH FOUNDATION. Form 990, Part VI, Section B, line 11b FORM 990 is PROVIDED ELECTRONICALLY TO BOARD MEMBERS PRIOR TO the FILING DEADLINE WITH SUFFICIENT LEAD-TIME TO ALLOW FOR REVIEW BY BOARD MEMBERS. Form 990, Part VI, Section B, line 12c BOARD MEMBERS OF UGA RESEARCH FOUNDATION, INC. ARE GIVEN A FORM TO COMPLETE EACH YEAR REQUESTING DISCLOSURE OF ALL RELATED ENTITIES AND TRANSACTIONS. ANY CONFLICTS NOTED ARE DISCUSSED AND APPROPRIATE ACTION TAKEN, IF DEEMED NECESSARY. Form 990, Part VI, Section C, line 18 UGA RESEARCH FOUNDATION'S FORM 1023 AND 990 CAN BE REQUESTED THROUGH AN ELECTRONIC REQUEST FORM ON THE FOUNDATION'S WEBSITE. Form 990, Part VI, Section C, line 19 UGA RESEARCH FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE. Form 990, Part XI, line 9: Loss ADJUSTMENT FROM VARIOUS INVESTING ACTIVITIES 76,109. FORM 990, PART xii, line 2c THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT PROCESS AND THE SELECTION OF INDEPENDENT AUDITORS. UGA REAL ESTATE FOUNDATION INC 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 REAL ESTATE DEVELOPMENT GA 501(C)(3) LINE 12, TYPE 1 UNIVERSITY OF GEORGIA RESEARCH FOUNDATION 1 THE UNIVERSITY OF GEORGIA (UGA) 456 E BROAD STREET ATHENS GA 30602 586001998 STATE UNIVERSITY - EDUCATION AND RESEARCH GA 115(1) N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 UNIVERSITY OF GEORGIA B 180331063 per financial statement UNIVERSITY OF GEORGIA J 75300 per financial statement uNIVERSITY OF GEORGIA P 7331644 per financial statement