Nonprofit · EIN 58-1353149
UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC
Tax-exempt · ATHENS, GA 30602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $348,882,827 | $342,668,271 | $6,214,556 | $160,490,139 | $79,455,145 | $81,034,994 |
| June 30, 2024 | 990 | $320,957,163 | $317,304,901 | $3,652,262 | $140,555,181 | $70,460,286 | $70,094,895 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $325,886,126
- of which government grants
- $288,054,599
- Program service revenue
- $166,060
- Investment income
- $3,540,332
- Royalties
- $19,216,931
- Net rental income
- $73,378
- Net gain from sales of assets
- $728,341
- Other revenue
- $19,290,309
Expenses
- Grants and similar amounts paid
- $318,603,455
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,808
- Accounting fees
- $63,844
- Occupancy
- $20,816
- Program services (functional)
- $341,993,606
- Management and general (functional)
- $674,665
Balance sheet and other
- Total assets, start of year
- $140,555,181
- Total assets, end of year
- $160,490,139
- Total liabilities, end of year
- $79,455,145
- Net assets, end of year
- $81,034,994
- Land, buildings and equipment
- $107,629
- Publicly traded securities
- $64,223,336
- Net assets without donor restrictions
- $81,034,994
- Gross receipts
- $366,142,482
- Employees
- 0
- Volunteers
- 16
- Year formed
- 1978
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JERE W MOREHEAD | PRESIDENT/CHAIR Trustee or director, Officer | 1 | $0 | $717,514 | $328,366 |
| GREGORY H ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $453,472 | $126,960 |
| S JACK HU | DIRECTOR Trustee or director | 1 | $0 | $511,868 | $52,680 |
| RYAN A NESBIT | FINANCIAL VP/TREASURER Trustee or director, Officer | 1 | $0 | $377,130 | $106,628 |
| MICHAEL R STRAND | DIRECTOR Trustee or director | 1 | $0 | $340,555 | $89,419 |
| KAREN BURG | EXECUTIVE VICE PRESIDENT Former | 1 | $0 | $289,310 | $45,294 |
| CHRISTOPHER KING | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $242,429 | $80,667 |
| MARY ANN MORAN | DIRECTOR Trustee or director | 1 | $0 | $252,802 | $33,414 |
| DEREK E EBERHART | CHIEF LICENSING OFFICER Trustee or director, Officer | 1 | $0 | $245,012 | $32,777 |
| JESSICA K ORBOCK | SECRETARY Trustee or director, Officer | 1 | $0 | $253,468 | $23,431 |
| STEVEN R H BEACH | DIRECTOR Trustee or director | 1 | $0 | $197,601 | $46,939 |
| FRANKLIN D WEST | DIRECTOR Trustee or director | 1 | $0 | $193,908 | $45,018 |
| JANETTE HILL | DIRECTOR Trustee or director | 1 | $0 | $140,815 | $30,978 |
| ALICIA PEDUZZI | DIRECTOR Trustee or director | 1 | $0 | $75,247 | $12,929 |
| ALAN G DARVILL | DIRECTOR Trustee or director | 1 | $0 | $58,691 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C GREG GUYER | DIRECTOR Trustee or director | 1 | $0 |
| N KIRBY ALTON | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN C WALTMAN | DIRECTOR Trustee or director | 1 | $0 |
| SUSANNE HOLLINGER | DIRECTOR Trustee or director | 1 | $0 |
| TERESA L OSTAPOWER | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS A McCALL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JERE W MOREHEAD | PRESIDENT/CHAIR Trustee or director, Officer | 1 | $0 | $697,360 | $318,623 |
| S JACK HU | VICE CHAIR Trustee or director, Officer | 1 | $0 | $511,062 | $49,422 |
| GREGORY H ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $402,863 | $112,406 |
| RYAN A NESBIT | FINANCIAL VP/TREASURER Trustee or director, Officer | 1 | $0 | $348,994 | $104,569 |
| MICHAEL R STRAND | DIRECTOR Trustee or director | 1 | $0 | $335,389 | $76,052 |
| KAREN BURG | DIRECTOR Trustee or director | 1 | $0 | $367,679 | $42,865 |
| STEVEN R H BEACH | DIRECTOR Trustee or director | 1 | $0 | $287,766 | $46,361 |
| JASON LOCKLIN | DIRECTOR Trustee or director | 1 | $0 | $260,765 | $61,865 |
| LIBBY V MORRIS | FORMER VICE CHAIR Former | 0 | $0 | $275,533 | $18,744 |
| JESSICA K ORBOCK | SECRETARY Officer | 1 | $0 | $252,001 | $23,200 |
| MARY ANN MORAN | DIRECTOR Trustee or director | 1 | $0 | $231,289 | $30,649 |
| DEREK E EBERHART | CHIEF LICENSING OFFICER Officer | 1 | $0 | $230,491 | $30,560 |
| FRANKLIN D WEST | DIRECTOR Trustee or director | 1 | $0 | $177,859 | $41,119 |
| ALICIA PEDUZZI | DIRECTOR Trustee or director | 1 | $0 | $104,643 | $18,825 |
| ALAN G DARVILL | DIRECTOR Trustee or director | 1 | $0 | $49,114 | $0 |
| C GREG GUYER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| F ABIT MASSEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| N KIRBY ALTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN C WALTMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SUSANNE HOLLINGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERESA L OSTAPOWER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 324 BUSINESS SRVCS 456 E BROAD ST, ATHENS, GA 30602-0001
- In care of
- % UGA OFFICE BUSINESS & FINANCE
- Principal officer (990 for 2024)
- Ryan Nesbit, 324 Business Srvcs 456 E Broad St, Athens, GA 30602
- Signed the 990
- Ryan Nesbit, Treasurer
- Phone
- (706) 542-6860
- Website
- research.uga.edu/ugarf
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
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.
Program accomplishments
- 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.Expenses $318,603,455 · grants $318,603,455
- 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.Expenses $23,390,151 · revenue $19,382,991
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1353149
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $160,490,139
- Income (IRS master file)
- $366,142,482
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $348,882,827 | $342,668,271 | $160,490,139 | XML |
| 990 | June 2024 | $320,957,163 | $317,304,901 | $140,555,181 | XML |
| 990 | June 2023 | $273,342,749 | $270,663,490 | $132,475,705 | IRS |
| 990 | June 2022 | $273,465,461 | $268,127,369 | $126,359,390 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1353149).
Questions about UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC
- What is the EIN of UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC?
- The employer identification number (EIN) of UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC is 58-1353149.
- Is UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Ryan Nesbit.
- Who are the officers and directors of UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $348,882,827, expenses of $342,668,271 and total assets of $160,490,139 at year end.
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