2013-11-13T10:19:17-06:00 2013-06-30 KPMG LLP 300 North Greene Street Suite 400 Greensboro NC 27401 990 2012-07-01 586033837 THE UNIVERSITY OF GEORGIA FOUNDATION % CYNTHIA COYLE UNIV 7065426677 394 SOUTH MILLEDGE AVENUE Suite 100 ATHENS GA 30602 CYNTHIA COYLE 7065426677 2013-11-12 true 3362753394 2012 2016-02-24 21:20:13Z CYNTHIA COYLE 394 MILLEDGE AVENUE SUITE 100 ATHENS GA 30602 261681272 false X WWW.UGAFOUNDATION.ORG X 1937 GA TO SUPPORT THE UNIVERSITY OF GEORGIA 51 48 0 50 602789 -61920 36456143 60835966 670287 582322 10683886 31648769 8293868 11539089 56104184 104606146 26676925 55506790 0 0 0 0 0 0 2911306 16727589 15003609 43404514 70510399 12699670 34095747 754091650 866242907 28884347 57068748 725207303 809174159 TO SUPPORT THE UNIVERSITY OF GEORGIA false false 66341571 55506790 6624353 The University of Georgia Foundation ("The Foundation") was chartered in 1937 to establish and maintain endowments for the support of the academic programs of the University of Georgia. The Foundation manages funds established with the Foundation in accordance with the instructions of the donor and provides financial support upon request to the University of Georgia for scholarships, faculty salary supplement, awards and lectureships and operating programs involving fundraising and constituent relations. 66341571 true true false false false false true true false true true true false false true true false true false true true true false false true false false true false true false false false false false false false false true false false false false true true true false false true 295 0 0 true true true CS false false false true true false false false false X 51 48 false false false false false false false true true false false true true true true true true true true false GA X X CYNTHIA COYLE 7065426677 394 MILLEDGE AVENUE SUITE 100 ATHENS GA 30602 William D Young Jr 12.0 X X John P Spalding 10.0 X X Andrew M Head 2.0 X X Kenneth G Jackson 3.5 X X Michael F Adams 2.0 X 0 459747 253525 Daniel P Amos 2.0 X Kathryn L Ash 2.0 X Earl D Barrs 1.0 X Nelson E Bowers II 1.0 X Terry S Brown 1.0 X Charles E Campbell 1.0 X John H Crawford IV 2.0 X Jay M Davis 1.0 X Darren W DeVore 0.5 X William W Douglas III 1.5 X Norman S Fletcher 1.0 X Joseph C Frierson Jr 2.5 X Michael H Godwin 2.0 X Henry D Gregory Jr 1.5 X C William Griffin 3.0 X F Sheffield Hale 0.5 X H Nelson Hilton 1.0 X 130015 21456 Samuel D Holmes 2.0 X Gail J Hunnicutt 1.5 X Sarah C Irby 1.0 X Steve C Jones 1.0 X Jefferson B A Knox 1.0 X John O Knox Jr 2.5 X James L LaBoon Jr 2.0 X Tom S Landrum 3.0 X 268162 68985 Emily D Lawson 1.5 X Russell C Lindner 1.5 X Keith W Mason 1.0 X John F McMullan 1.0 X Richard B Means 1.0 X C Read Morton Jr 2.0 X John S Neel Jr 0.5 X Thomas H Paris III 2.0 X Neal J Quirk 2.5 X William N Searcy 1.5 X Swann Seiler 2.0 X Stanley W Shelton 2.0 X Stephen W Smith 0.5 X Steven W Smith 0.5 X Robert H Stolz 5.0 X Mary Lou C Swift 4.0 X Brenda A Thompson 1.0 X Susan C Waltman 1.0 X Harriet H Warren 2.0 X Don L Waters 1.0 X Charles S Williams Jr 1.0 X Cynthia G Coyle 40.0 X 216644 31248 0 1074568 375214 0 false true false BLACKBAUD 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 SOFTWARE DEVELOPMENT 1143970 KPMG 3 CHESTNUT RIDGE ROAD MONTVALE NJ 07645 AUDIT SERVICES 202933 TRUMPS CATERING 247 E WASHINGTON STREET ATHENS GA 30601 CATERING SERVICES 198585 MARRIOTT BUSINESS SERVICES PO BOX 403003 ATLANTA GA 303843003 CATERING/EVENT HOST 163628 A DIVINE EVENT 1420 DUNWOODY VILLAGE PKWY ATLANTA GA 30338 CATERING SERVICES 138115 6 755041 4000000 56080925 9071483 60835966 RENTS FROM STUDY ABROAD 531110 582322 582322 582322 8902295 0 602789 8299506 0 5451044 0 0 5451044 0 0 0 178227702 1123489 155311807 1292910 22915895 -169421 22746474 0 0 22746474 516423 755041 470409 46014 0 46014 0 0 COURT SETTLEMENT PROCEEDS 900099 1500000 1500000 OTHER 900099 3957311 3957311 LICENSE PLATE REVENUE 900099 584720 584720 6042031 104606146 6624353 602789 36543038 55467125 55467125 0 39665 39665 0 0 0 0 0 0 0 0 152996 43928 109068 218780 18891 199889 0 0 376999 376999 1009027 615196 83049 310782 745774 389366 51378 305030 621024 373156 79693 168175 7280 7280 0 808572 398504 85548 324520 1380990 1068336 63631 249023 0 4957407 3287978 370370 1299059 342301 342301 0 295048 295048 153401 106715 43945 2741 TRANSFERS & DISTRIBUTIONS 1677812 1677812 REIMBURSABLE EXPENSES 348317 325046 6683 16588 MONETARY AWARDS 204172 204172 OTHER EXPENSES 1703709 1304053 164268 235388 70510399 66341571 1257522 2911306 14645965 5813272 77794931 73846972 41020344 41510876 1419408 963895 0 0 0 0 377121 515381 0 0 171226 201264 33475007 2505979 29002211 30969028 248245528 316170499 337029762 391767512 0 0 0 0 4385154 4484208 754091650 866242907 3237643 3794264 0 0 2326045 0 0 0 0 0 0 0 5798919 5697543 0 0 17521740 47576941 28884347 57068748 X 47737471 68115733 302355153 345125294 375114679 395933132 725207303 809174159 754091650 866242907 X 34095747 48044378 1826731 X false true X true false X 13189597 12334256 15382754 36456143 60835966 138198716 0 0 13189597 12334256 15382754 36456143 60835966 138198716 7561830 130636886 6344586 5196944 5336855 6465284 8902295 32245964 0 2178435 2786214 8287933 6379722 6042031 25674335 196119015 0.66611 0.60352 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 111.58 1 1 false 2345908 X X false 586470032 24546604 77118062 19188954 668945744 598438386 15964667 -9076686 18856335 586470032 450987974 10371493 90571298 12736828 539193937 406415826 6925378 48166906 10520136 450987974 541225119 7730473 -124931042 17608724 406415826 0.07806 0.55666 0.36528 false false 21186305 21186305 7857931 1820926 6037005 725296 685053 40243 3705475 3705475 30969028 2364463 F CASH & SHORT-TERM INVESTMENTS 1293308 F MARKETABLE ALTERNATIVES 260815468 F NON-MARKETABLE ALTERNATIVES 80799917 F SPLIT INTEREST INVESTMENTS 21798756 F COMMINGLED FIXED INCOME 20379231 F BENEFICIAL INT IN PERP TRUST 4316369 F 391767512 0 FUNDS HELD FOR OTHERS 35109979 OBLIGATIONS RELATED TO DEFERRED GIFTS 10630136 DERIVATIVE FINANCIAL INSTRUMENTS 1836826 47576941 156035035 48044378 850376 2914290 51809044 104225991 380155 380155 104606146 72068179 850376 1087559 1937935 70130244 380155 380155 70510399 PART II, LINE 9 The Foundation holds one conservation easement. The perpetual conservation easement consists of 111.584 acres located in Madison County, Georgia. The purposes of the conservation easement are to preserve and protect the conservation values of the property and to maintain permanently the dominant woodland, scenic, open and natural character of the property, including land and water resources; to protect plants and animals and plant and animal communities on or affected by the property's management; and to prevent any use of the property that will significantly impair or interfere with the conservation values or interests of the property. PART III, LINE 4 ORGANIZATION'S ART COLLECTIONS Works of Art recorded on the UGA Foundation's balance sheet are maintained by the University of Georgia's, Georgia Museum of Art, the official collector and keeper of important works of art for the University, to care and use the work for museum purposes. The museum maintains and manages a permanent collection of art. Works not meeting Museum standards may still be determined of value to the University for decorative, instructional or resale purposes. All works of Art are held for further benefit of the University. PART V, LINE 4 The Endowments are maintained to support the academic purposes of the University of Georgia, including scholarships, fellowships, awards, lectureships, research, training and professorships. PART X, LINE 2 FIN 48 (ASC 740) DISCLOSURE THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS A NONPROFIT ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC. THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON UNRELATED BUSINESS INCOME. THE FOUNDATION DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX POSITIONS THAT SHOULD BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR 2013 AND 2012. PART XI, LINE D OTHER CHANGE IN VALUE OF ANNUITIES 220,408 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 107,109 CHANGE IN FAIR VALUE OF DERIVATIVES 856,009 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 148,336 FUNDRAISING EXPENSES RECLASS 470,409 INCOME FROM SUBSIDIARY 1,112,019 ----------- TOTAL OTHER 2,914,290 PART XII, LINE D OTHER EXPENSE FROM SUBSIDIARY 617,150 FUNDRAISING EXPENSE RECLASS 470,409 ---------- TOTAL 1,087,559 true Central America and the Caribbean 1 32 Program Services SUPPORT ACADEMIC PRGMS 931854 Central America and the Caribbean 1 32 Investments SUPPORT ACADEMIC PRGMS 314704 2 64 2 64 1246558 1246558 Central America and the Caribbean SEE PART V 39665 WIRE TRANSFE 0 N/A FMV 1 true false true true true false MONITORING THE USE OF GRANT FUNDS PART I, LINE 2 THE GRANT MADE BY THE UNIVERSITY OF GEORGIA FOUNDATION WAS MADE TO UGA ECOLODGE AND RESEARCH STATION, S.A., A WHOLLY OWNED FOREIGN CORPORATION. THE UNIVERSITY OF GEORGIA FOUNDATION EXPECTS THE FUNDS TO BE USED FOR THE UNIVERSITY'S STUDY ABROAD PROGRAM, AND AS SUCH, SUBSEQUENTLY MONITORS THE GRANT. PURPOSE OF GRANT PART II, LINE 1, COLUMN D TO SUPPORT STUDY ABROAD FACILITIES OF WHOLLY OWNED COSTA RICAN CORPORATION. GALA 550425 262440 287985 0 220489 BALL 252689 187723 64966 0 73374 13 468350 304878 163472 3770 172776 1271464 755041 516423 3770 466639 470409 46014 false THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 GOV'T 48225963 0 N/A N/A SCHOLARSHIPS AND OTHER SUPPORT NATIONAL MERIT SCHOLARSHIP PO BOX 99389 CHICAGO IL 60693 362307745 501(C)(3) 125800 0 N/A N/A SCHOLARSHIPS UGA ATHLETIC ASSOCIATION 1 SELIG CIRCLE BUTTS MEHRE BUILDIN ATHENS GA 30602 580652581 501(C)(3) 761123 0 N/A N/A SCHOLARSHIPS UGA REAL ESTATE FOUNDATION 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 501(C)(3) 6039895 0 N/A N/A CONSTRUCTION PROJECTS UGA RESEARCH FOUNDATION 324 BUSINESS SERVICES 456 EAST BROA ATHENS GA 30602 581353149 501(C)(3) 313128 0 N/A N/A GENERAL SUPPORT 5 MONITORING THE USE OF GRANT FUNDS FORM 990, SCHEDULE I, PART I, QUESTION 2 The grants made by the University of Georgia Foundation were made to the UniverNity of Georgia, related organizations and public charities for use in their exempt mission. Accordingly, the University of Georgia Foundation expects the recipients to use the funds for proper purposes, and as such, does not subsequently monitor the grants. X true true false true false false false false false false false Michael F Adams 0 459747 0 0 0 238834 0 14691 0 713272 0 0 Cynthia G Coyle 216644 24401 6847 247892 0 H Nelson Hilton 130015 12364 9092 151471 0 Tom S Landrum 268162 57262 11723 337147 SCHEDULE J, PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES THE UNIVERSITY OF GEORGIA FOUNDATION PROVIDES CERTAIN EXECUTIVES WITH TAXABLE COMPENSATION TO REIMBURSE THE EXPENSE OF MEMBERSHIP DUES AND APPROPRIATE INITIATION FEES FOR A SOCIAL OR COUNTRY CLUB USED FOR THE UNIVERSITY OF GEORGIA FOUNDATION BUSINESS ENTERTAINMENT PURPOSES. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN MICHAEL F. ADAMS RECEIVED $200,000 FROM A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN, PAID BY THE UNIVERSITY OF GEORGIA, A RELATED ORGANIZATION. X 121 7379254 FMV X HORSES 18 760499 APPRAISAL X GIFTED SOFTWARE SYSTEM 1 931730 FMV false true true SCHEDULE M, LINE 31 The organization has a gift acceptance committee and policy. The committee reviews any non-standard contribution that the organization accepts. SCHEDULE M, LINE 32B The University of Georgia Foundation utilizes Merrill Lynch as a broker to sell publicly traded securities. FORM 990, PART VI, SECTION B, LINE 11 A copy of the finalized Form 990 was submitted to each member of the governing body via secure email for their review before filing. FORM 990, PART VI, SECTION B, LINE 12C Officers, Directors and Trustees must fill out an annual disclosure of interests which is reviewed by the University of Georgia Foundation Audit Committee. FORM 990, PART VI, SECTION B, LINE 15 The University of Georgia Foundation does not have any employees. There is an administrative services agreement between the University of Georgia and The University of Georgia Foundation. Individuals who provide services to the Foundation are employees of the University of Georgia. The University of Georgia reviews performance and establishes compensation that follows University policies. FORM 990, PART VI, SECTION C, LINE 19 Organization documents are available on the website and upon request. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS CHANGE IN VALUE OF ANNUITIES 220,408 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 107,109 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 148,336 CHANGE IN FAIR MARKET VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 856,009 NET INCOME OF SUBSIDIARY 494,869 ---------- TOTAL 1,826,731 THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 PUBLIC UNIVER GA NA false UGA ATHLETIC ASSOCIATION 1 SELIG CIRCLE ATHENS GA 30602 580652518 SUPPORT UGA GA 501(C)(3) 5 UGA false UGA RESEARCH FOUNDATION 200 DW BROOKS DRIVE ATHENS GA 30602 581353149 SUPPORT UGA GA 501(C)(3) 7 NA false UGA REAL ESTATE FOUNDATION 229 COLLEGE AVE SUITE 200 ATHENS GA 30601 582491922 SUPPORT UGA GA 501(C)(3) 11e UGA RESEARCH false THE UNIVERSITY SYSTEM OF GEORGIA FND 270 WASHINGTON STREET ATLANTA GA 30334 586333106 SUPPORT GA 501(C)(3) 5 NA false UGA ECOLODGE AND RESEARCH STATION SA SANTA ELENA DE MONTEVERDE PUNTARENAS COSTA RICA CS SEE PART VII CS UGA FOUNDATION C CORP 494869 2651925 1.00000 true false true true false false false false false false true false false false true true false true true false UNIVERSITY OF GEORGIA B 48225963 CASH UGA ATHLETIC ASSOCIATION B 761123 CASH UGA RESEARCH FOUNDATION B 313128 CASH UNIVERSITY OF GEORGIA J 582322 RENT REVENUE UNIVERSITY OF GEORGIA R 910402 CASH & PROPERTY UGA ATHLETIC ASSOCIATION R 1832834 CASH & PROPERTY UGA ECOLODGE & RESEARCH STATION SA B 39665 CASH UGA REAL ESTATE FOUNDATION B 6039895 CASH UGA REAL ESTATE FOUNDATION R 31968 CASH UNIVERSITY OF GEORGIA Q 75000 CASH UGA ATHLETIC ASSOCIATION Q 200000 CASH UGA ATHLETIC ASSOCIATION C 4000000 CASH PART IV, LINE 1 PRIMARY ACTIVITY MANAGE COSTA RICA STUDY ABROAD PROGRAM & SUPPORT RESEARCH.