2011-11-15T13:18:37-06:00 2011-06-30 CHERRY BEKAERT & HOLLAND LLP 1029 GREENE STREET AUGUSTA GA 30901 990 2010-07-01 581353149 UNIVERSITY OF GEORGIA RESEARCH FOUNDATION UNIV 7065426860 324 BUSINESS SERVICES 456 EAST BROAD ST ATHENS GA 30602 TIMOTHY P BURGESS 7065411361 2011-11-11 1 ELIZABETH MORRISON 7067243557 2011-11-11 2010 2016-02-24 21:20:13Z TIMOTHY P BURGESS ADMININISTRATION BUILDING ATHENS GA 30602 184360648 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 1 0 575084 -773762 130625369 152302097 0 0 3925180 1615636 8319490 8210722 142870039 162128455 127350423 148429445 0 0 0 0 0 0 0 21119759 13836339 148470182 162265784 -5600143 -137329 93017568 94888276 49662214 51482442 43355354 43405834 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 11801402 7380893 PROGRAM SERVICES RELATED TO RESEARCH PROJECTS FUNDED BY GRANTS AND ROYALTIES FROM PATENTS DEVELOPED 148429445 152117565 RESEARCH SUBCONTRACTS - UGA 160230847 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 164 0 1 1 1 1 1 1 CA CJ 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 460401 197841 DAVID C LEE 1.00 X X 0 260259 35045 JERE W MOREHEAD 1.00 X X 0 337582 67617 TIMOTHY P BURGESS 1.00 X X 0 280325 67353 IRWIN BERSTEIN 1.00 X 0 98470 19811 JOSEF M BRODER 1.00 X 0 180533 31651 ALAN DARVILL 1.00 X 0 243551 32214 F ABIT MASSEY 1.00 X 0 0 0 GREGORY H ROBINSON 1.00 X 0 240042 34184 JANE S WILLSON 1.00 X 0 0 0 CADER COX 1.00 X 0 0 0 EARNEST C CLARK 1.00 X 0 228510 25502 THOMAS H JACKSON 1.00 X 0 181790 27799 THOMAS S LANDRUM 1.00 X 0 270852 70861 N KIRBY ALTON 1.00 X 0 0 0 ELIZABETH ST PIERRE 1.00 X 0 90219 13450 BENJAMIN M BRAINARD 1.00 X 0 87015 13398 SOHAIL MALIK 1.00 X 0 193294 26208 JESSICA ORBOCK 1.00 X 0 158075 13930 WYATT ANDERSON X 0 164985 14035 SVEIN OIE X 0 216129 29682 JAMES PRESTEGARD X 0 236862 31605 KATHARINA WILSON X 0 83181 18246 ARNETT C MACE JR X 0 155399 0 ANTHONY CAPOMACCHIA X 0 90577 21973 HENRY M HUCKABY X 0 0 0 0 4258051 792405 0 1 1 0 MUETING RAASCH & GEBHARDT PA 1111 THIRD AVE S SUITE 350 MINNEAPOLIS MN 55401 LEGAL FEES 738038 FENWICK & WEST LLC PO BOX 60000 SAN FRANCISCO CA 941603281 LEGAL FEES 655448 DARBY & DARBY 7 WORLD TRADE CENTER NEW YORK NY 100070042 LEGAL FEES 412680 THOMAS KAYDEN HORSTEMEYER & RISLEY LP 600 GALLERIA PARKWAY SE SUITE 1500 ATLANTA GA 303395994 LEGAL FEES 384111 KING & SPALDING PO BOX 116133 ATLANTA GA 303686133 LEGAL FEES 292244 12 184532 152117565 152302097 991926 991926 6866279 6866279 75300 75300 75300 75300 22855903 22232193 623710 623710 623710 ADVERTISING INCOME 515100 575084 575084 BIOBUSINESS CENTER 900099 445592 445592 CHU ANTI-VIRAL RSCH FU 900099 200000 200000 48467 48467 1269143 162128455 694059 575084 8557215 148429445 148429445 7651 7651 65965 65965 67472 67472 4440389 4440389 11340 11340 33016 33016 30204 30204 212419 212419 56657 56657 RESEARCH PROGRAM ENHANC 4093547 4093547 LICENSES, PATENTS, & CO 3267466 3267466 UGARF MEDIA HOLDINGS, L 1199950 1199950 MISCELLANEOUS EXPENSE 350263 350263 162265784 160230847 2034937 0 11263174 7303325 734831 1812392 4317 4516 1648984 942854 1744600 706130 39141580 42025432 38880803 42114813 1248263 921668 93017568 94888276 31510589 32011869 30857 6275 18120768 19464298 49662214 51482442 X 43355354 43405834 43355354 43405834 93017568 94888276 X -137329 187808 X X 0 1 1 X 1 1 X 118557298 115294840 124577255 130625369 152302097 641356859 118557298 115294840 124577255 130625369 152302097 641356859 641356859 18468223 26478383 34911951 11286885 7933505 99078947 323603 348710 1119089 1571635 1269143 4632180 745067986 0.86080 0.84570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 272750 272750 1351557 936027 415530 24677 6827 17850 706130 GRANTS, CONTRACTS AND ROYALTIES RECEIVABLE 22650515 C FUNDS DEPOSITED WITH THE UNIVERSITY OF GEORGIA 19464298 C 42114813 ADVANCED PAYMENTS ON CONTRACTS 19464298 19464298 162128455 162265784 -137329 1449294 -1261486 187808 50479 163491029 1449294 1449294 162041735 86720 86720 162128455 163440550 1174766 1174766 162265784 0 162265784 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE RESEARCH FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(A) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. IN ADDITION, THE RESEARCH FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION BASED ON A DETERMINATION RECEIVED FROM THE INTERNAL REVENUE SERVICE. THE RESEARCH FOUNDATION HAS EVALUATED THE EFFECT OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE RESEARCH FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2011. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE RESEARCH FOUNDATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: TRANSFER OF ASSETS TO UNIVERSITY OF GEORGIA -1,174,766. INCOME FROM VARIOUS INVESTING ACTIVITIES -86,720. PART XII, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM VARIOUS INVESTING ACTIVITIES 86,720. PART XIII, LINE 2D - OTHER ADJUSTMENTS: TRANSFER OF ASSETS TO UNIVERSITY OF GEORGIA 1,174,766. 1 THE UNIVERSITY OF GEORGIA BROAD STREET ATHENS GA 30602 586001998 115(1) 148429445 BOOK FUNDS ARE PAID TO THE UNIVERSITY OF GEORGIA FOR EDUCATIONAL AND RESERACH PURPOSES AND ACADEMIC SUPPORT. 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. OTHER INFORMATION: PART IV: ALL GRANTS RECEIVED BY UNIVERSITY OF GEORGIA RESEARCH FOUNDATION ARE SUBCONTRACTED TO UNIVERSITY OF GEORGIA. X 1 1 0 0 0 0 0 0 0 0 0 MICHAEL F ADAMS 0 460401 0 0 0 0 0 188837 0 9004 0 658242 0 0 DAVID C LEE 0 260259 0 0 0 0 0 22638 0 12407 0 295304 0 0 JERE W MOREHEAD 0 337582 0 0 0 0 0 59329 0 8288 0 405199 0 0 TIMOTHY P BURGESS 0 280325 0 0 0 0 0 52078 0 15275 0 347678 0 0 JOSEF M BRODER 0 180533 0 0 0 0 0 19244 0 12407 0 212184 0 0 ALAN DARVILL 0 243551 0 0 0 0 0 23210 0 9004 0 275765 0 0 GREGORY H ROBINSON 0 240042 0 0 0 0 0 24938 0 9246 0 274226 0 0 EARNEST C CLARK 0 228510 0 0 0 0 0 21178 0 4324 0 254012 0 0 THOMAS H JACKSON 0 181790 0 0 0 0 0 18795 0 9004 0 209589 0 0 THOMAS S LANDRUM 0 270852 0 0 0 0 0 52853 0 18008 0 341713 0 0 SOHAIL MALIK 0 193294 0 0 0 0 0 18480 0 7728 0 219502 0 0 JESSICA ORBOCK 0 158075 0 0 0 0 0 13860 0 70 0 172005 0 0 WYATT ANDERSON 0 164985 0 0 0 0 0 11873 0 2162 0 179020 0 0 SVEIN OIE 0 216129 0 0 0 0 0 20678 0 9004 0 245811 0 0 JAMES PRESTEGARD 0 236862 0 0 0 0 0 22601 0 9004 0 268467 0 0 KATHARINA WILSON 0 83181 0 0 0 0 0 8959 0 9287 0 101427 0 0 ARNETT C MACE JR 0 155399 0 0 0 0 0 0 0 0 0 155399 0 0 ANTHONY CAPOMACCHIA 0 90577 0 0 0 0 0 9566 0 12407 0 112550 0 0 PART I, LINE 1A CHARTER TRAVEL HAS OCCASIONALLY BEEN PROVIDED IN LIMITED CIRCUMSTANCES BUT NO SUCH TRAVEL EXPENSE WAS INCURRED IN 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 SUBCONTRACTOR ON ALL SPONSORED RESEARCH RECEIVED BY UGARF. 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 UNIVERSITY OF GEORGIA FOUNDATION. FOUR VOTING MEMBERS ARE ELECTED BY VOTE OF THE UNIVERSITY GEORGIA RESEARCH FOUNDATION. TWO VOTING MEMBERS ARE ELECTED BY ARCH FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 PROVIDED ELECTRONICALLY TO BOARD MEMBERS PRIOR TO 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 GAINS ON INVESTMENTS: 1,449,294. TRANSFER OF ASSETS TO UNIVERSITY OF GEORGIA -1,174,766. INCOME FROM VARIOUS INVESTING ACTIVITIES -86,720. TOTAL TO FORM 990, PART XI, LINE 5: 187,808. 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. BACKUP WITHHOLDING, FORM 8899 AND 1098-C FORM 990, PART V, 1C, 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. 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 TELEVISION BROADCAST GA 577859 0 N/A 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 0 THE UNIVERSITY OF GEORGIA (UGA) 456 E BROAD STREET ATHENS GA 30602 586001998 STATE UNIVERSITY - EDUCATION AND RESEARCH GA 115(1) SELF 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 UNIVERSITY OF GEORGIA B 148429445 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA I 75300 PER FINANCIAL STATEMENT UNIVERSITY OF GEORGIA Q 1174766 PER FINANCIAL STATEMENT