2025-05-12T16:00:38-07:00 2024-06-30 990 2023-07-01 237112869 UNIVERSITY OF UTAH RESEARCH FOUNDATION UNIV 8015816940 201 SOUTH PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 ANTHONY WAGNER DIRECTOR,VP,CFO 8015816940 2025-05-12 true 2023 2025-03-06 01:10:19Z ERIN ROTHWELL 201 SOUTH PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 40900126 false X N/A X 1972 UT SUPPORT UNIVERSITY OF UTAH RESEARCH AND ADMINISTER UNIVERSITY RESEARCH PARK 8 3 0 0 0 0 3037500 470490 0 -414231 3260777 25956951 22632913 28580220 26364180 4378310 6800954 0 0 0 0 12297016 13685991 16675326 20486945 11904894 5877235 338385446 311882630 231635746 198890728 106749700 112991902 SUPPORT UNIVERSITY OF UTAH RESEARCH AND ADMINISTER UNIVERSITY RESEARCH PARK false false 6800954 6800954 0 GRANTS AND RESEARCH SUPPORT TO THE UNIVERSITY OF UTAH 6800954 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 8015812386 201 S PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 TAYLOR R RANDALL CHAIR AND DIRECTOR 1.00 X X 0 947863 339736 ERIN W ROTHWELL PRESIDENT AND DIRECTOR 4.00 X X 0 462201 75649 MITZI MONTOYA EXEC VP AND DIRECTOR 1.00 X X 0 607855 112832 MICHAEL GOOD DIRECTOR 1.00 X 0 2162952 165649 KATHARINE KU DIRECTOR 1.00 X 0 0 0 CATHY ANDERSON DIRECTOR 1.00 X 0 458355 111522 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 431569 124971 JEFF LABRUM TREASURER 1.00 X 0 203002 58676 JASON ATUAIA TREASURER 1.00 X 0 211419 68860 0 5485216 1057895 true true false BALLARD SPAHR LLP 1735 MARKET ST51ST FLR PHILADELPHIA PA 19103 ATTY SERVICE FOR PATENTS 828733 THORPE NORTH & WESTERN LLP 8180 S 700 E STE 350 SANDY UT 84070 ATTY SERVICE FOR PATENTS 376211 WORKMAN NYDEGGER 60 E S TEMPLE 1000 SALT LAKE CITY UT 84111 ATTY SERVICE FOR PATENTS 545908 TREMONTI CONSULTING 1939 ROLAND CLARKE PLACE 150 RESTON VA 20191 OPERATION PROCEDURES REVIEW 454141 MICHAEL BEST & FRIEDRICH LLP 100 E WISCONSIN AVESUITE 3300 MILWAUKEE WI 53202 ATTY SERVICE FOR PATENTS 552958 6 470490 470490 327299 0 327299 14469699 0 0 14469699 20452098 14535946 5916152 5916152 5916152 2933478 2933478 2933478 0 0 2933478 Lease Income 532000 2247062 0 0 2247062 2247062 26364180 0 0 25893690 6800954 6800954 410813 0 410813 0 60075 0 60075 0 OTHER EXPENSES 13215103 0 13215103 0 20486945 6800954 13685991 0 X 38154507 46256279 200883007 170375914 0 0 133699051 45573980 88424353 88125071 7507350 3768750 3416229 3356616 338385446 311882630 11557007 16380407 264588 349881 25852216 21514427 193961935 160646013 231635746 198890728 X 45077089 46381259 61672611 66610643 106749700 112991902 338385446 311882630 5877235 364967 X false true X true false X X X 1 UNIVERSITY OF UTAH 876000525 6 true 6800954 0 1 6800954 0 0 0 0 0 true false false false false false false false false false false false false false false true false 2930586 212939 3143525 2783346 147240 2930586 2930273 -146927 2783346 2323972 606301 2930273 2319215 4757 2323972 1.00000 false true true 0 10937951 10937951 0 118164115 44903915 73260200 0 1359011 496334 862677 0 300495 173731 126764 0 2937479 2937479 88125071 TENANT DEPOSITS 11384 DEFERRED INFLOW RELATED TO LEASES 160634629 160646013 44504055 364967 17774908 18139875 26364180 26364180 38261853 17774908 17774908 20486945 20486945 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) 6800954 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 847661 0 0 0 100202 0 312860 0 26986 0 1287709 0 51244 ERIN W ROTHWELL 0 449326 0 0 0 12875 0 46860 0 28900 0 537961 0 0 MITZI MONTOYA 0 520938 0 0 0 86917 0 96016 0 16828 0 720699 0 0 MICHAEL GOOD 0 1653010 0 0 0 509943 0 147911 0 17753 0 2328617 0 473943 CATHY ANDERSON 0 428355 0 0 0 30000 0 94224 0 17408 0 569987 0 0 PHYLLIS VETTER 0 395569 0 0 0 36000 0 97911 0 27171 0 556651 0 0 JEFF LABRUM 0 167648 0 0 0 35354 0 42650 0 16098 0 261750 0 0 JASON ATUAIA 0 211419 0 0 0 0 0 32021 0 36950 0 280390 0 0 Pt I Line 4b TAYLOR RANDALL RECEIVED AN IRC SECTION 457(f)$51,244 DEFERRED COMPENSATION PAYMENT INCLUDED IN WAGES AS THIS AMOUNT WAS NO LONGER AT RISK OF FORFEITURE IN 2023. DEFERRED COMPENSATION FOR TAYLOR RANDALL UNDER IRC SECTION 457(f)OF $200,000.00 WAS ACCRUED/NOT PAID AND IS SUBJECT TO RISK OF FORFEITURE. MICHAEL GOOD RECEIVED AN IRC SECTION 457(f)$473,942.61 DEFERRED COMPENSATION PAYMENT INCLUDED IN WAGES AS THIS AMOUNT WAS NO LONGER AT RISK OF FORFEITURE IN 2023. DEFERRED COMPENSATION FOR MICHAEL GOOD UNDER IRC SECTION 457(f) OF $35,051.26 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 6/30/24. 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