2012-11-15T07:51:31-06:00 2012-06-30 560574444 CHERRY BEKAERT & HOLLAND LLP 1029 GREENE STREET AUGUSTA GA 30901 990 2011-07-01 581353149 UNIVERSITY OF GEORGIA RESEARCH FOUNDATION UNIV 7065426860 324 BUSINESS SERVICES 456 EAST BROAD ST ATHENS GA 30602 TIMOTHY P BURGESS 7065411361 2012-11-07 1 ELIZABETH MORRISON P00231389 7067243557 2012-11-07 2011 2016-02-24 21:20:13Z TIMOTHY P BURGESS ADMININISTRATION BUILDING ATHENS GA 30602 171641525 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 10 0 0 152302097 150752047 0 0 1615636 1015993 8210722 8229785 162128455 159997825 148429445 146975310 0 0 0 0 0 0 0 13836339 14019389 162265784 160994699 -137329 -996874 94888276 86709666 51482442 45196234 43405834 41513432 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 12737864 7513547 PROGRAM SERVICES RELATED TO RESEARCH PROJECTS FUNDED BY GRANTS AND ROYALTIES FROM PATENTS DEVELOPED 146975310 150752047 RESEARCH SUBCONTRACTS - UGA 159713174 1 1 0 0 0 0 0 0 0 0 1 1 0 0 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 1 1 1 0 0 0 1 160 0 1 0 0 1 CJ BD 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 HOLLEY W SCHRAMSKI 7065426860 456 E BROAD STREET ATHENS GA 30602 MICHAEL F ADAMS 5.00 X X 0 462853 248708 DAVID C LEE 1.00 X X 0 262757 36241 JERE W MOREHEAD 1.00 X X 0 346487 71382 TIMOTHY P BURGESS 1.00 X X 0 277869 72142 JOSEF M BRODER 1.00 X 0 185533 33366 ALAN DARVILL 1.00 X 0 246015 33081 F ABIT MASSEY 1.00 X 0 0 0 GREGORY H ROBINSON 1.00 X 0 237841 35201 JANE S WILLSON 1.00 X 0 0 0 CADER COX 1.00 X 0 0 0 N KIRBY ALTON 1.00 X 0 0 0 BENJAMIN M BRAINARD 1.00 X 0 89919 14261 ADRIAN BENEDICT BURD 1.00 X 0 92131 13272 R EDWARD PERKINS 1.00 X 0 0 0 THIAB R TAHA 1.00 X 0 121217 25672 SOHAIL MALIK 1.00 X 0 195217 26950 JESSICA ORBOCK 1.00 X 0 143608 13930 0 2661447 624206 0 0 1 0 MUETING RAASCH & GEBHARDT PA 1111 THIRD AVE S SUITE 350 MINNEAPOLIS MN 55401 LEGAL FEES 715346 FENWICK & WEST LLC PO BOX 60000 SAN FRANCISCO CA 941603281 LEGAL FEES 403738 THOMAS KAYDEN HORSTEMEYER & RISLEY LP 600 GALLERIA PARKWAY SE SUITE 1500 ATLANTA GA 303395994 LEGAL FEES 303260 KING & SPALDING PO BOX 116133 ATLANTA GA 303686133 LEGAL FEES 293399 COLEMAN SUDOL SAPONE PC 714 COLORADO AVE BRIDGEPORT CT 066051601 LEGAL FEES 246836 7 150752047 150752047 825661 825661 7513547 7513547 75300 0 75300 75300 75300 11834032 11643700 190332 190332 190332 BIOBUSINESS CENTER 900099 446190 446190 CHU ANTI-VIRAL RSCH FU 900099 425000 425000 MISCELLANEOUS REVENUE 611710 30878 30878 -261130 -261130 640938 159997825 640938 0 8604840 146975310 146975310 2116 2116 66689 66689 74347 74347 5268732 5268732 63213 63213 27761 27761 22866 22866 52636 52636 96539 96539 RESEARCH PROGRAM ENHANC 5523051 5523051 LICENSES, PATENTS, & CO 1946081 1946081 UGA ADMINISTRATIVE FEE 817000 817000 MISCELLANEOUS EXPENSE 58358 58358 160994699 159713174 1281525 0 7303325 6997152 1812392 691775 4516 4702 1644151 992167 706130 651984 42025432 41399774 42114813 36158407 921668 805872 94888276 86709666 32011869 29469604 6275 6275 19464298 15720355 51482442 45196234 X 43405834 41513432 43405834 41513432 94888276 86709666 X -996874 -895528 X X 0 1 1 X 1 1 X 115294840 124577255 130625369 152302097 150752047 673551608 115294840 124577255 130625369 152302097 150752047 673551608 673551608 26478383 34911951 11286885 7933505 8463157 89073881 348710 1119089 1571635 1269143 763662 5072239 767697728 0.87740 0.86080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 272750 272750 1351557 987340 364217 19844 4827 15017 651984 GRANTS, CONTRACTS AND ROYALTIES RECEIVABLE 20438052 C FUNDS DEPOSITED WITH THE UNIVERSITY OF GEORGIA 15720355 C 36158407 ADVANCED PAYMENTS ON CONTRACTS 15720355 15720355 159997825 160994699 -996874 -1066897 171369 -895528 -1892402 159102297 -1066897 -1066897 160169194 -171369 -171369 159997825 160994699 0 160994699 0 160994699 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: DURING THE YEAR ENDED JUNE 30, 2012, THE RESEARCH FOUNDATION ADOPTED THE PROVISIONS OF SGAS NO. 62, CODIFICATION OF ACCOUNTING AND FINANCIAL REPORTING GUIDANCE CONTAINED IN PRE-NOVEMBER 30, 1989 FASB AND AICPA PRONOUNCEMENTS, WHICH INCORPORATES INTO THE GASB'S AUTHORITATIVE LITERATURE CERTAIN ACCOUNTING AND FINANCIAL REPORTING GUIDANCE THAT IS INCLUDED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") STATEMENTS AND INTERPRETATIONS, ACCOUNTING PRINCIPLES BOARD OPINIONS AND ACCOUNTING RESEARCH BULLETINS OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS' ("AICPA") COMMITTEE ON ACCOUNTING PROCEDURES; THE PROVISIONS OF SGAS 62 ADDITIONALLY ELIMINATES THE ELECTION PROVIDED IN SGAS NO. 20, ACCOUNTING AND FINANCIAL REPORTING FOR PROPRIETARY FUNDS AND OTHER GOVERNMENTAL ENTITIES THAT USE PROPRIETARY FUND ACCOUNTING TO APPLY POST-NOVEMBER 30, 1989 FASB STATEMENTS AND INTERPRETATIONS THAT DO NOT CONFLICT WITH OR CONTRADICT GASB PRONOUNCEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS FROM VARIOUS INVESTING ACTIVITIES 171,369. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED LOSS ON INVESTMENT -1,066,897. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS FROM VARIOUS INVESTING ACTIVITIES -171,369. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 5626000 0 0 0 0 0 0 5626000 0 5626000 1 0 0 1 1 0 PASSIVE FOREIGN INVESTMENT COMPANIES 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 2011. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E)." CASH TRANSFER PART IV LINE 1 THE ORGANIZATION WAS A TRANSFEROR OF CASH IN THE AMOUNT OF $1,850,455 TO DIFFERENT FOREIGN CORPORATIONS (INVESTMENTS) DURING THE FISCAL YEAR AND COMPLETED THE FORMS 926. 1 THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 115(1) 146975310 BOOK FUNDS ARE PAID TO THE UNIVERSITY OF GEORGIA FOR EDUCATIONAL AND RESERACH PURPOSES AND ACADEMIC SUPPORT. 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 OMB CIRCULAR A-133 AUDIT, WHICH TESTS THE ORGANIZATION'S INTERNAL CONTROLS OVER COMPLIANCE FOR FEDERAL GRANT COMPLIANCE REQUIREMENTS. ALL GRANTS RECEIVED BY UNIVERSITY OF GEORGIA RESEARCH FOUNDATION ARE SUBCONTRACTED TO THE UNIVERSITY OF GEORGIA. X 1 1 0 1 0 0 0 0 0 0 0 MICHAEL F ADAMS 0 462853 0 0 0 0 0 238838 0 9870 0 711561 0 0 DAVID C LEE 0 262757 0 0 0 0 0 22638 0 13603 0 298998 0 0 JERE W MOREHEAD 0 346487 0 0 0 0 0 61908 0 9474 0 417869 0 0 TIMOTHY P BURGESS 0 277869 0 0 0 0 0 55399 0 16743 0 350011 0 0 JOSEF M BRODER 0 185533 0 0 0 0 0 19763 0 13603 0 218899 0 0 ALAN DARVILL 0 246015 0 0 0 0 0 23210 0 9871 0 279096 0 0 GREGORY H ROBINSON 0 237841 0 0 0 0 0 25065 0 10136 0 273042 0 0 SOHAIL MALIK 0 195217 0 0 0 0 0 18480 0 8470 0 222167 0 0 JESSICA ORBOCK 0 143608 0 0 0 0 0 13860 0 70 0 157538 0 0 PART I, LINE 1A CHARTER TRAVEL HAS OCCASIONALLY BEEN PROVIDED IN LIMITED CIRCUMSTANCES BUT NO SUCH TRAVEL EXPENSE WAS INCURRED IN THE CURRENT FISCAL YEAR. SUPPLEMENTAL INFORMATION PART III UNIVERSITY OF GEORGIA RESEARCH FOUNDATION (UGARF) HAS NO EMPLOYEES. OFFICERS OF UGARF ARE EMPLOYED BY THE UNIVERSITY OF GEORGIA AND ARE COMPENSATED FOR THE ROLE PERFORMED FOR THE UNIVERSITY OF GEORGIA. OFFICERS OF UGARF ARE ALSO OFFICERS OF UGA, WHICH IS A SUBCONTRACTOR ON ALL SPONSORED RESEARCH RECEIVED BY UGARF. SUPPLEMENTAL INFORMATION PART III SCHEDULE J, PART 1, LINE 4B THE COMPENSATION REPORTED IN SCHEDULE J, PART II, COLUMN C INCLUDES DEFERRED COMPENSATION OF $200,000 PAID BY THE UNIVERSTIY OF GEORGIA 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. ONE VOTING MEMBER IS APPOINTED OR ELECTED BY THE UNIVERSITY OF GEORGIA FOUNDATION. FOUR VOTING MEMBERS ARE ELECTED BY VOTE OF THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION. TWO VOTING MEMBERS ARE ELECTED BY THE ARCH FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 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 WEB SITE ADVISES INTERESTED PARTIES THAT FORM 1023, 990 AND 990-T ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,066,897. LOSS FROM VARIOUS INVESTING ACTIVITIES 171,369. TOTAL TO FORM 990, PART XI, LINE 5: -895,528. AUDIT COMMITTEE 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. CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY FORM 990, PART V, 7G, 7H THE ORGANIZATION DID NOT RECEIVE CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY AND WAS THEREFORE NOT REQUIRED TO FILE FORM 8899. LIKEWISE, THERE WERE NO CONTRIBUTIONS OF CARS, BOATS, AIRPLANES, OR OTHER VEHICLES, AND FORM 1098-C WAS NOT REQUIRED. GAMING (GAMBLING) WINNINGS FORM 990, PART V, 1C THE ORGANIZATION DID NOT HAVE ANY REPORTABLE GAMING (GAMBLING) WINNINGS TO PRIZE WINNERS AND THEREFORE THE BACKUP WITHHOLDING RULES DID NOT APPLY. UGARF MEDIA HOLDINGSLLC (UMH) 324 BUSINESS SERVICES 456 EAST BROA ATHENS GA 30602 263524744 NO CURRENT ACTIVITY GA UNIVERSITY OF GEORGIA RESEARCH FOUNDATION UGA REAL ESTATE FOUNDATION INC 1280 SOUTH LUMPKIN STREET ATHENS GA 30602 582491922 REAL ESTATE DEVELOPMENT GA 501(C)(3) LINE 11, 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 1 0 0 1 1 1 1 0 0 0 UNIVERSITY OF GEORGIA B 146975310 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA I 75300 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA (L M N) L 817000 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA O 5268732 PER FINANCIAL STATEMENT