2024-02-23T08:12:45-06:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 110 EAST COURT STREET SUITE 500 GREENVILLE SC 29601 990 2022-07-01 570750000 CLEMSON UNIVERSITY RESEARCH FOUNDATION CLEM 8646560797 PO BOX 946 CLEMSON SC 296330946 TRACY R WALTERS TREASURER 8646560797 2024-02-21 1 TRACY WALTERS 999009999 1 AMY DOSIK P00890743 8642333981 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS GESSWEIN PO BOX 946 CLEMSON SC 296330946 1940204 0 X HTTP://CURF.CLEMSON.EDU/ X 1982 SC TO SUPPORT RESEARCH, TECHNOLOGY TRANSFER, AND RELATED ACTIVITIES AT AND FOR THE BENEFIT OF CLEMSON UNIVERSITY. TO GENERATE RESEARCH FUNDING OPPORTUNITIES FOR CLEMSON UNIVERSITY TO SUPPORT RESEARCH INITIATIVES THAT ADVANCE UNIVERSITY DISCOVERIES TO CREATE NEW PRODUCTS AND SERVICES FOR PUBLIC USE AND BENEFIT. 9 5 0 5 0 0 794580 465250 1559546 1456781 6511 18173 0 0 2360637 1940204 175000 83333 0 0 0 0 0 0 0 2020767 2389929 2195767 2473262 164870 -533058 10060542 9556754 575942 575930 9484600 8980824 TO GENERATE RESEARCH FUNDING OPPORTUNITIES FOR CLEMSON UNIVERSITY TO SUPPORT RESEARCH INITIATIVES THAT ADVANCE UNIVERSITY DISCOVERIES TO CREATE NEW PRODUCTS AND SERVICES FOR PUBLIC USE AND BENEFIT. 0 0 2362178 83333 1456781 RESEARCH GRANT MONEY IS RECEIVED FROM VARIOUS ORGANIZATIONS AND IS SUB-AWARDED TO CLEMSON UNIVERSITY FOR PERFORMANCE OF THE RESEARCH; TO SERVE CLEMSON UNIVERSITY AS A PRIMARY ADMINISTRATOR OF TECHNOLOGY TRANSFER AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY ORIGINATING OUT OF CLEMSON UNIVERSITY.CULR LLC, (DISREGARDED ENTITY) A SUBSIDIARY OF CURF, PROVIDES ACCESS FOR THE UNIVERSITY, ITS RELATED ORGANIZATIONS AND OTHER ENTITIES TO NATIONAL RESEARCH AND EDUCATION NETWORKS USING SCALABLE HIGH SPEED FACILITIES BASED NETWORKS. 2362178 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 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 1 0 1 70 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 SC X LISA MARCUS DIRECTOR ACCOUNTING FOR RELATED ORGS 8646561873 391 COLLEGE AVENUE NO 302 CLEMSON SC 29634 ANDY CAJKA CHAIR 1.00 0.00 X X 0 0 0 KEITH BELLI DIRECTOR 1.00 36.50 X 0 296234 85392 CHRISTIE CORBETT DIRECTOR 1.00 0.00 X 0 0 0 CLIFF HOLEKAMP DIRECTOR 1.00 0.00 X 0 0 0 TANJU KARANFIL VICE CHAIR 1.00 36.50 X X 0 340240 32047 DENNIS KEKAS DIRECTOR 1.00 0.00 X 0 0 0 SRIKANTH PILLA DIRECTOR 1.00 36.50 X 0 266388 31624 ERIC WEISSMANN DIRECTOR 1.00 0.00 X 0 0 0 ANGELA LEIDINGER DIRECTOR 1.00 36.50 X 0 376269 83918 AUGUST C GESSWEIN EXECUTIVE DIRECTOR 37.50 0.00 X 0 174331 30576 TRACY WALTERS TREASURER 1.00 36.50 X 0 166529 45991 VINCIE C ALBRITTON DEPUTY DIRECTOR 37.50 0.00 X 0 129582 35991 CHASE C KASPER DIRECTOR OF BUSINESS DEVELOPMENT 37.50 0.00 X 0 138724 47549 0 1888297 393088 0 0 1 0 CENTURYLINK PO BOX 52187 PHOENIX AZ 850722187 COMPUTER SERVICES 133954 DORITY & MANNING PO BOX 1449 GREENVILLE SC 29602 LEGAL SERVICES 123615 CLEMSON UNIVERSITY G06 SIKES HALL CLEMSON SC 29634 ADMIN SERVICES 107040 3 465250 465250 COMPUTER SERVICE FEES 541700 536248 536248 ROYALTY & LICENSING 541700 391727 391727 UNIVERSITY SERVICES 541700 385797 385797 MAINTENANCE FEES 541700 66110 66110 MANAGEMENT FEES AND RE 541700 64899 64899 12000 12000 1456781 13693 13693 4480 0 4480 4480 4480 1940204 1456781 0 18173 83333 83333 425263 422379 2884 22456 22456 140099 136637 3462 751 448 303 434734 434734 76083 76083 2463 1718 745 22660 18402 4258 80249 61316 18933 24341 7707 16634 CU PROGRAM COSTS 869894 869894 SHARED SERVICES 171977 132657 39320 PROGRAM MANAGEMENT 64899 64899 MEMBERSHIP DUES 27920 26920 1000 26140 25051 1089 2473262 2362178 111084 0 100 100 8298848 6746329 82560 279896 86529 93258 2592965 2012798 599100 580167 46496 1082469 403279 341963 543630 432572 10060542 9556754 41426 122002 30000 534516 423928 575942 575930 X 7437274 6788719 2047326 2192105 9484600 8980824 10060542 9556754 -533058 29282 0 X 0 1 X 1 0 X X 1 CLEMSON UNIVERSITY 576000254 6 1 83333 0 1 83333 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION E, LINE 1C: THE VOTING DIRECTORS AFFILIATED WITH THE SUPPORTED ORGANIZATION EXERCISE THEIR DIRECTOR RIGHTS TO PARTICIPATE IN BOARD DISCUSSIONS AND VOTING INVOLVING POLICIES AND THE USE OF THE SUPPORTING ORGANIZATION'S ASSETS IN FULFILLING ITS PURPOSE. PART IV, SECTION D, LINE 3: CLEMSON UNIVERSITY RESEARCH FOUNDATION SUPPORTS THE GENERATION AND COMMERCIALIZATION OF INTELLECTUAL PROPERTY OF CLEMSON UNIVERSITY THROUGH SUPPORT OF RESEARCH, TECHNOLOGY TRANSFER, AND LICENSING ADMINISTRATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 35973 1035973 1.00000 0.00000 0.00000 0 0 513901 513901 2079064 2012798 66266 580167 FUNDS HELD IN TRUST BY AFFILIATE 1035973 F PREFERRED STOCK INVESTMENTS 46496 F 1082469 DEFERRED INFLOWS FROM LEASES 423928 423928 X 1969486 29282 29282 1940204 0 1940204 2473262 0 2473262 0 2473262 PART X, LINE 2: THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2023 OR 2022 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. 1 CLEMSON UNIVERSITY G06 SIKES HALL CLEMSON SC 29634 576000254 170(C)(1) 83333 0 SPONSORED AND NON-SPONSORED RESEARCH OPERATIONS 1 0 PART I, LINE 2: GRANT FUND EXPENDITURES ARE REVIEWED BY A PRINCIPAL INVESTIGATOR FOR COMPLIANCE WITH THE TERMS OF THE GRANT, AND TO ENSURE THEY ARE REASONABLE AND ALLOWABLE. THE PRINCIPAL INVESTIGATOR CERTIFIES THAT ALL SALARY AND FRINGE BENEFIT CHARGES ARE ACCURATE. A SAMPLE OF EXPENDITURES IS FURTHER REVIEWED BY THE ORGANIZATION. THE ORGANIZATION MONITORS ALL BUDGETS AND EXPENDITURES TO ENSURE THAT THEY OCCUR ONLY IN BUDGETED CATEGORIES. THE ORGANIZATION OBTAINS A COPY OF THE A-133 AUDIT OF ALL SUB-RECIPIENTS, AND IF THERE ARE ANY FINDINGS, TAKES APPROPRIATE ACTION. 0 0 0 0 0 0 0 0 0 ANGELA LEIDINGER DIRECTOR 0 365847 0 0 0 10422 0 70872 0 13046 0 460187 0 0 KEITH BELLI DIRECTOR 0 296207 0 0 0 27 0 70291 0 15101 0 381626 0 0 TANJU KARANFIL VICE CHAIR 0 339982 0 0 0 258 0 14500 0 17547 0 372287 0 0 SRIKANTH PILLA DIRECTOR 0 190460 0 0 0 75928 0 13553 0 18071 0 298012 0 0 TRACY WALTERS TREASURER 0 166391 0 0 0 138 0 39206 0 6785 0 212520 0 0 AUGUST C GESSWEIN EXECUTIVE DIRECTOR 0 172621 0 0 0 1710 0 9084 0 21492 0 204907 0 0 CHASE C KASPER DIRECTOR OF BUSINESS DEVELOPMENT 0 138310 0 0 0 414 0 33294 0 14255 0 186273 0 0 VINCIE C ALBRITTON DEPUTY DIRECTOR 0 129001 0 0 0 581 0 30437 0 5554 0 165573 0 0 FORM 990, PART VI, SECTION A, LINE 7A CERTAIN BOARD MEMBERS ARE SPECIFIED BY THEIR POSITIONS AT CLEMSON UNIVERSITY. OTHER BOARD MEMBERS ARE ELECTED BY THE CURRENT BODY OF BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COPY IS PROVIDED TO THE AUDIT COMMITTEE AND SENT TO THE BOARD MEMBERS PRIOR TO THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE RECEIPT OF THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY DIRECTOR OR OFFICER SHALL DECLARE HIMSELF/HERSELF AS "ABSTAINING" FROM VOTING ON ANY MATTER IN WHICH SAID DIRECTOR OR OFFICER MAY BE CONSIDERED TO HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CLEMSON UNIVERSITY RESEARCH FOUNDATION HAS NO EMPLOYEES. COMPENSATION FROM RELATED ORGANIZATIONS PAID TO DIRECTORS OF CURF IS FOR WORK PERFOMED AS EMPLOYEES OF CLEMSON UNIVERSITY. THE CURF BOARD OVERSEES THE EXECUTIVE DIRECTOR. COMPENSATION OF THE EXECUTIVE DIRECTOR, TREASURER, AND STAFF OF CURF IS DETERMINED THROUGH THE CLEMSON UNIVERSITY HUMAN RESOURCES DEPARTMENT SUBJECT TO AND WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SC AND APPLICABLE SC LAW, WHICH IS CONSISTENT WITH A STANDARD OF REASONABLENESS AND COMPARABLE COMPENSATION IN THE MARKET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CLEMSON UNIVERSITY LIGHT RAIL LLC PO BOX 389 CLEMSON SC 29633 208727594 LEASING AGENT AND INFORMATION TECHNOLOGY SERVICE PROVIDER SC 536380 1084900 CLEMSON UNIVERSITY RESEARCH FOUNDATION CLEMSON UNIVERSITY G06 SIKES HALL CLEMSON SC 29634 576000254 RESEARCH UNIVERSITY SC 170(C)(1) N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 CLEMSON UNIVERSITY B 83333 BOOK VALUE CLEMSON UNIVERSITY L 385797 BOOK VALUE CLEMSON UNIVERSITY O 171977 BOOK VALUE