2025-12-10T12:12:47+00:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 1075 Peachtree Street NE Suite 1600 Atlanta GA 30309 990 2024-07-01 581353149 University of Georgia Research Foundation Inc UNIV 7065426860 324 Business Srvcs 456 E Broad St Athens GA 30602 Ryan Nesbit Treasurer 2025-12-10 true Melanie McPeak P01346034 4042090954 2025-12-10 2024 2025-03-06 01:10:19Z Ryan Nesbit 324 Business Srvcs 456 E Broad St Athens GA 30602 366142482 false X research.uga.edu/ugarf X 1978 GA THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION OBTAINS GOVERNMENT AND PRIVATE RESEARCH GRANTS ON BEHALF OF THE UNIVERSITY OF GEORGIA. GRANTS ARE AWARDED TO FACULTY RESEARCHERS AT THE UNIVERSITY OF GEORGIA. 18 6 0 16 0 304480826 325886126 166060 3006344 3540332 13469993 19290309 320957163 348882827 297627557 318603455 0 0 0 0 19677344 24064816 317304901 342668271 3652262 6214556 140555181 160490139 70460286 79455145 70094895 81034994 THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION (RESEARCH FOUNDATION) IS ORGANIZED TO FULFILL BROAD SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES AND OPERATES TO ENHANCE THE MISSION OF THE UNIVERSITY OF GEORGIA (UNIVERSITY) 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. false false 318603455 318603455 THE RESEARCH FOUNDATION CONTRIBUTES TO THE RESEARCH FUNCTION AT THE UNIVERSITY BY SECURING RESEARCH CONTRACTS, GRANTS, AND AWARDS FROM INDIVIDUALS, INSTITUTIONS, PRIVATE ORGANIZATIONS, AND GOVERNMENT AGENCIES FOR PERFORMANCE OF SPONSORED RESEARCH IN THE VARIOUS UNIVERSITY COLLEGES, SCHOOLS, DEPARTMENTS, AND OTHER UNITS. 23390151 19382991 THE RESEARCH FOUNDATION DISTRIBUTES A PORTION OF LICENSING AND ROYALTIES REVENUE TO UNIVERSITY DEPARTMENTS AND PROGRAMS AND PROVIDES OTHER DIRECT SUPPORT FOR VARIOUS RESEARCH INITIATIVES AT THE UNIVERSITY. 341993606 true true false false false false false false false false true false false true true false true true false false true false false false false false false true false true false false false false false false false false false false false false false false false true true true true false true X 180 0 true 0 false true CJ false false false false false false false false false false X 18 6 false false false false false true false true true false false false true true true true true true false false false false GA X X Chad Cleveland 7065426860 456 E Broad Street Athens GA 30602 CHRISTOPHER KING EXECUTIVE VICE PRESIDENT 1.0 40.0 X X 0 242429 80667 DEREK E EBERHART CHIEF LICENSING OFFICER 1.0 40.0 X X 0 245012 32777 JERE W MOREHEAD PRESIDENT/CHAIR 1.0 40.0 X X 0 717514 328366 JESSICA K ORBOCK SECRETARY 1.0 40.0 X X 0 253468 23431 RYAN A NESBIT FINANCIAL VP/TREASURER 1.0 40.0 X X 0 377130 106628 ALAN G DARVILL DIRECTOR 1.0 40.0 X 0 58691 0 ALICIA PEDUZZI DIRECTOR 1.0 40.0 X 0 75247 12929 C GREG GUYER DIRECTOR 1.0 1.0 X 0 0 0 FRANKLIN D WEST DIRECTOR 1.0 40.0 X 0 193908 45018 GREGORY H ROBINSON DIRECTOR 1.0 40.0 X 0 453472 126960 JANETTE HILL DIRECTOR 1.0 0.0 X 0 140815 30978 MARY ANN MORAN DIRECTOR 1.0 40.0 X 0 252802 33414 MICHAEL R STRAND DIRECTOR 1.0 40.0 X 0 340555 89419 N KIRBY ALTON DIRECTOR 1.0 1.0 X 0 0 0 S JACK HU DIRECTOR 1.0 40.0 X 0 511868 52680 STEVEN R H BEACH DIRECTOR 1.0 40.0 X 0 197601 46939 SUSAN C WALTMAN DIRECTOR 1.0 0.0 X 0 0 0 SUSANNE HOLLINGER DIRECTOR 1.0 0.0 X 0 0 0 TERESA L OSTAPOWER DIRECTOR 1.0 0.0 X 0 0 0 THOMAS A McCALL DIRECTOR 1.0 0.0 X 0 0 0 KAREN BURG EXECUTIVE VICE PRESIDENT 1.0 40.0 X 0 289310 45294 0 4349822 1055500 0 true true false Pabst Patent Group LLP 1201 Peachtree St 400 Colony Squar Atlanta GA 30361 PATENT & LICENSE FEES 458250 Thomas Horstemeyer LLP 100 Galleria ParkwayNW Suite 1750 Atlanta GA 303395948 PATENT & LICENSE FEES 412050 Greenberg Traurig LLP One International Place Suite 2000 Boston MA 02110 PATENT & LICENSE FEES 284063 Mueting Raasch Group 111 Washington Ave S Suite 700 Minneapolis MN 55401 PATENT & LICENSE FEES 249491 IPRIS AG PELIKANWEG 2 BASEL SZ PATENT & LICENSE FEES 234257 8 288054599 37831527 325886126 166060 166060 0 0 166060 2811991 2811991 19216931 19216931 73378 73378 0 73378 73378 17987996 17259655 728341 0 728341 728341 0 0 0 0 0 348882827 19382991 0 3613710 318603455 318603455 7808 7808 63844 63844 167227 167227 0 0 0 0 32833 32833 13574986 13574986 20816 20816 10001 10001 114451 114451 RESEARCH PROGRAM ENHANCEMENT 7459348 7459348 LICENSES AND INTELLECTUAL PROPERTY EXPENSE 2355817 2355817 257685 0 257685 0 342668271 341993606 674665 0 17148970 28135929 968 48695 0 0 0 0 1249935 1142306 107629 107629 55342341 64223336 1905 807 435796 459302 67517572 67514441 140555181 160490139 1419781 1370780 6275 6275 0 0 69034230 78078090 70460286 79455145 70094895 81034994 70094895 81034994 140555181 160490139 6214556 4725543 0 X false true true true true X 225611086 258911479 259677246 304480826 325886126 1374566763 0 0 225611086 258911479 259677246 304480826 325886126 1374566763 0 1374566763 855559 1239474 1472443 2216299 2885369 8669144 0 0 0 0 157052 166060 323112 1383559019 66500731 0.99350 0.99480 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 157052.0, COLUMN E - 166060.0, COLUMN F - 323112.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107629 107629 1142306 1142306 0 107629 GRANTS, CONTRACTS AND ROYALTIES RECEIVABLE 65748866 ACCOUNTS RECEIVABLE FROM THE UNIVERSITY 1765575 LEASE RECEIVABLE 67514441 Federal Income Taxes ACCOUNTS PAYABLE - UNIVERSITY 78078090 UNEARNED LEASE INCOME 78078090 353441143 4725543 0 4725543 348715600 167227 0 167227 348882827 342501044 0 0 342501044 167227 0 167227 342668271 Central America and the Caribbean 0 0 Investments 807 South America 0 0 Program Services LICENSES AND INTELLECTUAL PROPERTY EXPENSE 2086 Europe (Including Iceland and Greenland) 0 0 Program Services LICENSES AND INTELLECTUAL PROPERTY EXPENSE 285591 0 0 0 0 0 0 288484 0 288484 false false false false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual true UNIVERSITY OF GEORGIA 456 E BROAD STREET ATHENS GA 30602 586001998 GOVERNMENT 318603455 SEE STATEMENT 1 0 Schedule I, Part II, Line 1(h) PURPOSE OF GRANT OR ASSISTANCE UNIVERSITY OF GEORGIA: FUNDS ARE PAID TO THE UNIVERSITY FOR EDUCATIONAL AND RESEARCH PURPOSES AND ACADEMIC SUPPORT. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE UNIVERSITY HAS DESIGNED AND IMPLEMENTED INTERNAL CONTROLS OVER COMPLIANCE WITH GRANT REQUIREMENTS AND IS SUBJECT TO AN ANNUAL AUDIT WHICH TESTS ITS INTERNAL CONTROLS OVER COMPLIANCE FOR FEDERAL GRANT REQUIREMENTS UNDER NEW UNIFORM GUIDANCE (UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS), FORMERLY OMB CIRCULAR A-133. false true false false false false false false false KAREN BURG EXECUTIVE VICE PRESIDENT 0 267710 0 0 0 21600 0 31850 0 13444 0 334604 0 0 DEREK E EBERHART CHIEF LICENSING OFFICER 0 244766 0 0 0 246 0 22908 0 9869 0 277789 0 0 CHRISTOPHER KING EXECUTIVE VICE PRESIDENT 0 242429 0 0 0 0 0 51553 0 29114 0 323096 0 0 JERE W MOREHEAD PRESIDENT/CHAIR 0 685014 0 0 0 32500 0 318442 0 9924 0 1045880 0 0 RYAN A NESBIT FINANCIAL VP/TREASURER 0 375753 0 0 0 1377 0 79727 0 26901 0 483758 0 0 JESSICA K ORBOCK SECRETARY 0 253222 0 0 0 246 0 23431 0 0 0 276899 0 0 STEVEN R H BEACH DIRECTOR 0 167101 0 0 0 30500 0 26137 0 20802 0 244540 0 0 JANETTE HILL DIRECTOR 0 140815 0 0 0 0 0 13454 0 17524 0 171793 0 0 S JACK HU DIRECTOR 0 511868 0 0 0 0 0 31878 0 20802 0 564548 0 0 MARY ANN MORAN DIRECTOR 0 252802 0 0 0 0 0 23670 0 9744 0 286216 0 0 GREGORY H ROBINSON DIRECTOR 0 453472 0 0 0 0 0 94690 0 32270 0 580432 0 0 MICHAEL R STRAND DIRECTOR 0 310055 0 0 0 30500 0 68514 0 20905 0 429974 0 0 FRANKLIN D WEST DIRECTOR 0 193908 0 0 0 0 0 18495 0 26523 0 238926 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE PRESIDENT/CHAIR OF THE RESEARCH FOUNDATION IS PAID DIRECTLY BY THE UNIVERSITY FOR HIS ROLE AS PRESIDENT OF THE UNIVERSITY. THE UNIVERSITY SYSTEM OF GEORGIA BOARD OF REGENTS (BOARD) ESTABLISHES THE PRESIDENT'S ANNUAL COMPENSATION THROUGH THE USE OF A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND THE APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE COMPENSATION REPORTED IN PART II, COLUMN C INCLUDES DEFERRED COMPENSATION OF $276,607 PAID BY THE UNIVERSITY DURING 2024 AS PART OF A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN FOR JERE W. MOREHEAD. For fiscal year 2025, the University System of Georgia Board of Regents approved an annualized $280,245 contribution made by the University on behalf of Jere W. Morehead to an approved deferred compensation plan per Board of Regents policy. Schedule J, Part I SCH J THE RESEARCH FOUNDATION HAS NO EMPLOYEES. OFFICERS AND SOME DIRECTORS OF THE RESEARCH FOUNDATION ARE EMPLOYED BY THE UNIVERSITY AND ARE COMPENSATED FOR THE ROLE PERFORMED FOR THE UNIVERSITY. OFFICERS OF THE RESEARCH FOUNDATION ARE ALSO OFFICERS OF THE UNIVERSITY WHICH IS THE SUBCONTRACTOR ON ALL SPONSORED RESEARCH RECEIVED BY THE RESEARCH FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE 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 POSITION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UGA ALUMNI ASSOCIATION. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UNIVERSITY COUNCIL. THREE VOTING MEMBERS ARE APPOINTED OR ELECTED BY THE UNIVERSITY OF GEORGIA FOUNDATION. FOUR VOTING MEMBERS ARE ELECTED BY VOTE OF THE RESEARCH FOUNDATION BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body IRS 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, Line 12c Conflict of interest policy BOARD MEMBERS OF THE RESEARCH FOUNDATION 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, Line 18 How forms are made available to the public THE RESEARCH FOUNDATION'S FORM 1023 AND 990 CAN BE REQUESTED THROUGH AN ELECTRONIC REQUEST FORM ON THE RESEARCH FOUNDATION'S WEBSITE. Form 990, Part VI, Line 19 Required documents available to the public THE RESEARCH FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE RESEARCH FOUNDATION'S WEBSITE. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Revenue - Total Revenue: 166060, Related or Exempt Function Revenue: 166060, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; UGA REAL ESTATE FOUNDATION INC 1180 EAST BROAD STREET ATHENS GA 30602 582491922 REAL ESTATE DEVELOPMENT GA 501(c)(3) Type I UNIVERSITY OF GEORGIA RESEARCH FOUNDATION true UNIVERSITY OF GEORGIA 456 E BROAD STREET ATHENS GA 30602 586001998 STATE UNIVERSITY - EDUCATION AND RESEARCH GA NA false false true false false false false false false false true false false true true true true false false false UNIVERSITY OF GEORGIA B 318603455 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA J 73378 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA P 12564131 PER FINANCIAL STATEMENT