2024-02-01T13:27:58-08:00 2023-06-30 990 2022-07-01 237112869 UNIVERSITY OF UTAH RESEARCH FOUNDATION UNIV 8015816940 201 SOUTH PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 CATHY ANDERSON DIRECTOR,VP,CFO 8015816940 2024-02-01 CATHY ANDERSON XXX-XX-XXXX true 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z ERIN ROTHWELL 201 SOUTH PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 40641369 false X N/A X 1972 UT SUPPORT UNIVERSITY OF UTAH RESEARCH AND ADMINISTER UNIVERSITY RESEARCH PARK 8 3 0 0 0 0 2600000 3037500 0 -285437 -414231 20276323 25956951 22590886 28580220 1263982 4378310 0 0 0 0 9953774 12297016 11217756 16675326 11373130 11904894 357207259 339284972 260954264 231635746 96252995 107649226 SUPPORT UNIVERSITY OF UTAH RESEARCH AND ADMINISTER UNIVERSITY RESEARCH PARK false false 4378310 4378310 0 GRANTS AND RESEARCH SUPPORT TO THE UNIVERSITY OF UTAH 4378310 true false false false false false false false false true true false false false true false true true false false false false false false false false false true false true false false false false false false false false false false false false false true true false false false true X 0 0 0 false false false false false false false false false false false false X 8 3 false false false false false false false true true false false true true true true false true false false false X UNIVERSITY OF UTAH 8015816699 201 S PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 TAYLOR R RANDALL CHAIR AND DIRECTOR 1.00 X X 0 891314 358290 ERIN W ROTHWELL PRESIDENT,DIRECTOR 4.00 X X 0 417921 68894 MARTELL L TEASLEY EXEC VP AND DIRECTOR 1.00 X X 0 382369 55779 MITZI MONTOYA EXEC VP AND DIRECTOR 1.00 X X 0 30000 0 MICHAEL GOOD DIRECTOR 1.00 X 0 1404143 219942 KATHARINE KU DIRECTOR 1.00 X 0 0 0 CATHY ANDERSON DIRECTOR 1.00 X 0 434347 109859 MASON AILSTOCK DIRECTOR 1.00 X 0 0 0 BASSAM SALEM DIRECTOR 1.00 X 0 0 0 PHYLLIS VETTER SECRETARY 1.00 X 0 404784 114167 JASON ATUAIA TREASURER 1.00 X 0 172376 55368 JEFF LABRUM TREASURER 1.00 X 0 0 0 PATRICIA ROSS DIRECTOR 0.00 X 0 326736 97909 0 4463990 1080208 true true false BALLARD SPAHR LLP 1735 MARKET ST51ST FLR PHILADELPHIA PA 19103 ATTY SERVICE FOR PATENTS 1256382 THORPE NORTH & WESTERN LLP 8180 S 700 E STE 350 SANDY UT 84070 ATTY SERVICE FOR PATENTS 306924 WORKMAN NYDEGGER 60 E S TEMPLE 1000 SALT LAKE CITY UT 84111 ATTY SERVICE FOR PATENTS 322209 MASTER DATA CENTER 39200 SIX MILE ROAD LIVONIA MI 48152 ATTY SERVICE FOR PATENTS 315520 MICHAEL BEST & FRIEDRICH LLP 100 E WISCONSIN AVESUITE 3300 MILWAUKEE WI 53202 ATTY SERVICE FOR PATENTS 417518 6 3037500 3037500 -609048 0 -609048 15842891 0 0 15842891 19694374 12061149 7633225 7633225 7633225 194817 194817 194817 0 0 194817 Lease Income 532000 2480835 0 0 2480835 2480835 28580220 0 0 25542720 4378310 4378310 407878 0 407878 0 59197 0 59197 0 47 0 47 0 OTHER EXPENSES 11829894 0 11829894 0 16675326 4378310 12297016 0 X 41505205 38154507 222759926 201782533 731866 0 130303107 41878754 80361774 88424353 8180700 7507350 3667788 3416229 357207259 339284972 8908586 11557007 291017 264588 30004345 25852216 221750316 193961935 260954264 231635746 X 49437354 45077089 46815641 62572137 96252995 107649226 357207259 339284972 11904894 -508663 X false true X true false X X X 1 UNIVERSITY OF UTAH 876000525 6 true 4378310 0 1 4378310 0 0 0 0 0 true false false false false false false false false false false false false false false true false 2783346 147240 2930586 2930273 -146927 2783346 2323972 606301 2930273 2319215 4757 2323972 2260362 0 58853 0 0 0 2319215 1.00000 false true true 0 10937951 10937951 0 117106782 41314410 75792372 0 510831 414192 96639 0 198941 150152 48789 0 1548602 1548602 88424353 TENANT DEPOSITS 11385 DEFERRED INFLOW RELATED TO LEASES 193950550 193961935 42773020 -508663 14701463 14192800 28580220 28580220 31376789 14701463 14701463 16675326 16675326 Pt V, Line 4 THE INTENDED USE OF THE ENDOWMENT FUND IS FOR GENERAL USE AND SUPPORT OF THE UNIVERSITY OF UTAH RESEARCH FOUNDATION Pt XI, Line 2d EXPENSES NETTED/NOT NETTED AGAINST ROYALTY AND RENTAL INCOME, GRANT INCOME Pt XII, Line 2d EXPENSES NETTED/NOT NETTED AGAINST ROYALTY AND RENTAL INCOME, GRANT INCOME true UNIVERSITY OF UTAH 201 S PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 876000525 115 & 501(c)(3) 4378310 0 N/A N/A SUPPORT RESEARCH 1 0 Pt I Line 2 GRANTS ARE MADE TO THE UNIVERSITY OF UTAH TO FOSTER FUNDAMENTAL RESEARCH WHICH RESULTS IN INVENTIONS WHICH ARE SUBSEQUENTLY PATENTED FOR THE BENEFIT OF THE UNIVERSITY OF UTAH. GRANTS ARE DOCUMENTED AND MADE ACCORDING TO THE ARTICLES OF ORGANIZATION. false true false false false false false false false TAYLOR R RANDALL 0 798605 0 0 0 92709 0 333880 0 24576 0 1249770 0 50000 ERIN W ROTHWELL 0 417921 0 0 0 0 0 43310 0 25767 0 486998 0 0 MARTELL L TEASLEY 0 382369 0 0 0 0 0 43310 0 12641 0 438320 0 0 MICHAEL GOOD 0 1376610 0 0 0 27534 0 203500 0 16528 0 1624172 0 0 CATHY ANDERSON 0 407347 0 0 0 27000 0 93935 0 16089 0 544371 0 0 PHYLLIS VETTER 0 381202 0 0 0 23582 0 89063 0 25287 0 519134 0 0 JASON ATUAIA 0 172376 0 0 0 0 0 25718 0 29833 0 227927 0 0 PATRICIA ROSS 0 300754 0 0 0 25982 0 73718 0 24373 0 424827 0 0 Pt I Line 4b TAYLOR RANDALL RECEIVED AN IRC SECTION 457(f)$50,000 DEFERRED COMPENSATION PAYMENT INCLUDED IN WAGES AS THIS AMOUNT WAS NO LONGER AT RISK OF FORFEITURE IN 2022. DEFERRED COMPENSATION FOR TAYLOR RANDALL UNDER IRC SECTION 457(f)OF $229,570.02 WAS ACCRUED/NOT PAID AND IS SUBJECT TO RISK OF FORFEITURE. DEFERRED COMPENSATION FOR MICHAEL GOOD UNDER IRC SECTION 457(f) OF $99,189.95 WAS ACCRUED/NOT PAID AND IS SUBJECT TO RISK OF FOREITURE. THE TERMS AND CONDITIONS OF THE RETIREMENT PLANS ARE THAT THEY ARE SUBJECT TO RISK OF FORFEITURE BASED ON LENGTH OF SERVICE. Other Pt V, line 1-2 THE UNIVERSITY OF UTAH RESEARCH FOUNDATION DOES NOT HAVE EMPLOYEES. PERSONNEL SERVICES ARE CONTRACTED FROM THE UNVERSITY OF UTAH. INDEPENDENT CONTRACTORS AS NOTED IN PART VII ARE PAID AND REPORTED VIA 1099 THROUGH THE UNIVERSITY OF UTAH. SEE SCHEDULE R PART V Pt VI, Line 11b A DRAFT COPY OF FORM 990 IS GIVEN TO ALL BOARD MEMBERS FOR REVIEW BEFORE FINAL FORM 990 IS FILED. Pt VI, Line 12c THE UNIVERSITY OF UTAH RESEARCH FOUNDATION IS A COMPONENT UNIT OF THE UNIVERSITY OF UTAH AND FOLLOWS ALL UNIVERSITY POLICIES WHICH REQUIRE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST WITH AN EVALUATION BY MANAGEMENT. Pt VI, Line 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINACIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Pt X LINE 15, PER GASB 72, PARTICULAR FINANCIAL STATEMENT ASSETS NO LONGER MEET THE DEFINITION OF INVESTMENTS WHICH RESULTED IN A RECLASSIFICATION TO OTHER ASSETS. Pt X ADJUSTMENTS HAVE BEEN MADE TO THE BALANCE SHEET, BEGINNING OF YEAR AMOUNTS, AS REPORTED IN THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 6/30/23. 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