2026-05-14T07:25:00-05:00 2025-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PLACE GAINESVILLE FL 326072063 990 2024-07-01 592729133 UNIVERSITY OF FLORIDA RESEARCH FOUNDATION INC UNIV 3523925221 720 SW 2ND AVE STE 575 GAINESVILLE FL 326016271 JULIE RHEE SECRETARY 3523925221 2026-05-13 1 1 CORINNE LAROCHE P01500189 3523781331 2026-05-13 2024 2025-03-06 01:10:19Z DR DAVID P NORTON 720 SW 2ND AVE STE 575 GAINESVILLE FL 326016271 49363505 0 X HTTPS://RESEARCH.UFL.EDU X 1986 FL TO ASSIST THE UNIVERSITY OF FLORIDA IN FUNDING OF RESEARCH & DEVELOPMENT THROUGH GRANTS & CONTRACTUAL ARRANGEMENTS & IN THE COMMERCIALIZATION OF INTELLECTUAL PROPERTIES, WHICH INCLUDE INVENTIONS, DISCOVERIES, PROCESSES, & WORK PRODUCTS. 11 2 74 2 -1630 0 0 0 9226249 13313926 -143443 683101 36243698 35119713 45326504 49116740 8879394 12478468 0 0 4779518 5092366 0 0 0 33786723 36781166 47445635 54352000 -2119131 -5235260 136829768 132128503 26348464 26639774 110481304 105488729 TO ASSIST THE UNIVERSITY OF FLORIDA IN FUNDING OF RESEARCH & DEVELOPMENT THROUGH GRANTS & CONTRACTUAL ARRANGEMENTS & IN THE COMMERCIALIZATION OF INTELLECTUAL PROPERTIES, WHICH INCLUDE INVENTIONS, DISCOVERIES, PROCESSES, & WORK PRODUCTS. 0 0 31075725 43211024 COST INCURRED IN OBTAINING LICENSES AND GRANTS FOR THE UNIVERSITY OF FLORIDA RESEARCH FOUNDATION ACTIVITIES. 13469093 12478468 COSTS INCURRED IN SECURING AND PROVIDING RESEARCH AND DEVELOPMENT FUNDING FOR THE UNIVERSITY OF FLORIDA. 8067985 2865205 COSTS INCURRED IN THE LICENSING OF PATENTED OR PATENTABLE PRODUCTS DEVELOPED BY THE UNVERSITY OF FLORIDA. 2357410 2357410 52612803 1 0 0 0 0 0 0 0 1 0 0 0 0 1 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 0 1 1 0 1 0 1 X 331 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 2 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 FL X X JULIE RHEE 3523925221 310 WALKER HALL GAINESVILLE FL 326115500 X DAVID P NORTON PRESIDENT/CHAIR 10.00 40.00 X X 109893 329678 57516 BRAD BENNETT AUDIT COMMITTEE CHAIR 1.00 0.00 X 0 0 0 FORREST MASTERS BOARD MEMBER 1.00 49.00 X 0 433019 58533 MARY WATT BOARD MEMBER AS OF 10/1/24 1.00 49.00 X 0 321107 53028 SABY MITRA BOARD MEMBER 1.00 49.00 X 0 557890 58601 DAVID NELSON BOARD MEMBER 1.00 49.00 X 0 1606258 59881 WESLEY KENT FUCHS BOARD MEMBER 1.00 49.00 X 0 788719 207032 JOSEPH GLOVER BOARD MEMBER AS OF 9/6/24 1.00 49.00 X 0 526942 58423 CAROLYN K ROBERTS BOARD MEMBER 1.00 0.00 X 0 0 0 BRANDI RENTON BOARD MEMBER AS OF 8/2/24 1.00 49.00 X 0 286945 53623 SCOTT ANGLE BOARD MEMBER 1.00 49.00 X 0 580395 57181 DAVID KRATZER BOARD MEMBER UNTIL 8/1/24 1.00 49.00 X 0 416051 41005 BEN SASSE BOARD MEMBER UNTIL 8/1/24 1.00 49.00 X 0 1168284 144019 ROBERT GILBERT BOARD MEMBER UNTIL 8/1/24 1.00 49.00 X 0 372846 59078 JULIE RHEE SECRETARY/FINANCE DIRECTOR 25.00 25.00 X 82351 82351 31112 GEORGE KOLB TREASURER 1.00 49.00 X 0 215252 55979 STEPHANIE GRAY ASST. VP OF SPONSORED PROGRAMS 1.00 49.00 X 0 238557 48966 JAMES F O'CONNELL ASST. VP TECHNOLOGY LICENSING 50.00 0.00 X 375344 0 67895 HENRICA LICHTENBELD ASST. DIR. LICENSING OFFICE 50.00 0.00 X 136927 0 41342 ANITA RAO DIR. OF UF INNOVATE PATHWA 50.00 0.00 X 149127 0 36283 WILSON LEONARD TERRY ASST. DIR. LICENSING OFFICE 50.00 0.00 X 137175 0 40742 MELISSA HIRSCH KUCHMA ASST. DIR. LICENSING OFFICE 50.00 0.00 X 132323 0 45104 JACKSON STREETER DIR. OF UF INNOVATE 50.00 0.00 X 189925 0 50054 1313065 7924294 1325397 13 0 1 0 WOLF GREENFIELD AND SACKS PC 600 ATLANTIC AVE BOSTON MA 02210 LEGAL 3705462 ALSTON & BIRD LLP 1201 W PEACHTREE ATLANTA GA 30309 LEGAL 1380941 THOMAS HORSTEMEYER LLP 3200 WINDY HILL ROAD STE 1600 ATLANTA GA 30339 LEGAL 1074323 MARSHALL GERSTEIN AND BORUN LLP 6300 WILLIS TOWER 233 SOUTH WACKER CHICAGO IL 60606 LEGAL 664845 COMPUTER PACKAGES INC 11 N WASHINGTON ST SUITE 300 ROCKVILLE MD 20850 IP MGMT. SOLUTIONS 526391 10 LICENSING FEES 611710 8091671 8091671 PATENT & LICENSE REIMBURSEMENT 611710 2865205 2865205 ASSESSMENT FEES 611710 2300000 2300000 MANAGEMENT SERVICES 611710 57050 57050 13313926 50790 -1630 52420 35119353 35119353 879076 246765 632311 632311 632311 OTHER INCOME 900099 360 360 360 49116740 48433639 -1630 684731 12478468 12478468 770666 631625 139041 3914311 3208104 706207 407389 333889 73500 8067984 8067984 101550 61875 39675 1494195 901536 592659 38330 37054 1276 51296 49060 2236 512348 426794 85554 26190764 26190764 49500 49500 128807 119130 9677 10763 10211 552 48275 48275 MEMBERSHIP, DUES, SUBSC 80871 42071 38800 MISCELLANEOUS EXPENSES 3310 2984 326 PUBLICATIONS EXPENSE 2653 1377 1276 REPAIRS & MAINTENANCE C 520 377 143 54352000 52612803 1739197 0 747306 631503 7972906 7734128 1214652 1868994 126894904 121893878 136829768 132128503 4105943 4924914 22242521 21714860 26348464 26639774 X 0 0 0 0 110481304 105488729 110481304 105488729 136829768 132128503 X -5235260 154346 88339 X 0 1 X 1 0 X X 1 UNIVERSITY OF FLORIDA 596002052 2 1 52612803 0 1 52612803 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G THE AMOUNTS REPORTED AS MONETARY SUPPORT ARE FUNDS DIRECTLY GIVEN TO, OR SPENT ON BEHALF OF, THE UNIVERSITY OF FLORIDA AND ITS AFFILIATED ORGANIZATIONS. 1 61523096 3301321 8180295 56644122 0 0 DUE FROM UNIVERSITY OF FLORIDA 121893878 121893878 DUE TO UNIVERSITY - LICENSE FEES & ROYALTIES 21714860 21714860 X 49359425 154346 88339 242685 49116740 0 49116740 54352000 0 54352000 0 54352000 PART IV, LINE 1B: THE ORGANIZATION HOLDS FUNDS IN CUSTODIAL ARRANGEMENT FOR THE COLLEGES WITHIN THE UNIVERSITY OF FLORIDA. PART X, LINE 2: THE RESEARCH FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE RESEARCH FOUNDATION FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE RESEARCH FOUNDATION'S TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES AND MAY CHANGE UPON EXAMINATION, BUT CHANGES WOULD NOT BE EXPECTED TO BE MATERIAL. 1 UNIVERSITY OF FLORIDA PO BOX 114000 GAINESVILLE FL 32611 596002052 115 12478468 0 RESEARCH & DEVELOPMENT 1 0 PART I, LINE 2: GRANTS AND ASSISTANCE TO THE UNIVERSITY OF FLORIDA ARE PROVIDED BASED ON CONTRACTS, AGREEMENTS AND OTHER PROPERLY APPROVED METHODS. FUNDS DISTRIBUTED ARE USED IN ACCORDANCE WITH DESIGNATED PURPOSES AND INTERNALLY MANAGED BY THE UNIVERISTY OF FLORIDA UPON RECEIPT FROM THE GRANTING ORGANIZATION. X X X X 0 0 0 0 0 0 0 0 0 DAVID NELSON BOARD MEMBER 0 1229335 0 370800 0 6123 0 34466 0 25415 0 1666139 0 0 BEN SASSE BOARD MEMBER UNTIL 8/1/24 0 1012195 0 0 0 156089 0 119094 0 24925 0 1312303 0 0 WESLEY KENT FUCHS BOARD MEMBER 0 674085 0 114634 0 0 0 119094 0 87938 0 995751 0 0 SCOTT ANGLE BOARD MEMBER 0 556395 0 0 0 24000 0 32471 0 24710 0 637576 0 0 SABY MITRA BOARD MEMBER 0 557890 0 0 0 0 0 33945 0 24656 0 616491 0 0 JOSEPH GLOVER BOARD MEMBER AS OF 9/6/24 0 476250 0 0 0 50692 0 46414 0 12009 0 585365 0 0 DAVID P NORTON PRESIDENT/CHAIR 106213 318638 0 0 3680 11040 8377 25131 6002 18006 124272 372815 0 0 FORREST MASTERS BOARD MEMBER 0 433019 0 0 0 0 0 33491 0 25042 0 491552 0 0 DAVID KRATZER BOARD MEMBER UNTIL 8/1/24 0 407756 0 0 0 8295 0 40854 0 151 0 457056 0 0 JAMES F O'CONNELL ASST. VP TECHNOLOGY LICENSING 375344 0 0 0 0 0 45696 0 22199 0 443239 0 0 0 ROBERT GILBERT BOARD MEMBER UNTIL 8/1/24 0 352846 0 0 0 20000 0 35488 0 23590 0 431924 0 0 MARY WATT BOARD MEMBER AS OF 10/1/24 0 306107 0 15000 0 0 0 30724 0 22304 0 374135 0 0 BRANDI RENTON BOARD MEMBER AS OF 8/2/24 0 286945 0 0 0 0 0 28973 0 24650 0 340568 0 0 STEPHANIE GRAY ASST. VP OF SPONSORED PROGRAMS 0 236622 0 0 0 1935 0 24189 0 24777 0 287523 0 0 GEORGE KOLB TREASURER 0 213516 0 0 0 1736 0 30073 0 25906 0 271231 0 0 JACKSON STREETER DIR. OF UF INNOVATE 188405 0 0 0 1520 0 26332 0 23722 0 239979 0 0 0 JULIE RHEE SECRETARY/FINANCE DIRECTOR 81687 81687 0 0 664 664 8373 8373 7183 7183 97907 97907 0 0 ANITA RAO DIR. OF UF INNOVATE PATHWA 147954 0 0 0 1173 0 15070 0 21213 0 185410 0 0 0 HENRICA LICHTENBELD ASST. DIR. LICENSING OFFICE 136927 0 0 0 0 0 18943 0 22399 0 178269 0 0 0 WILSON LEONARD TERRY ASST. DIR. LICENSING OFFICE 136056 0 0 0 1119 0 14301 0 26441 0 177917 0 0 0 MELISSA HIRSCH KUCHMA ASST. DIR. LICENSING OFFICE 132323 0 0 0 0 0 14256 0 30848 0 177427 0 0 0 PART I, LINE 4B THROUGH THE RELATED ORGANIZATION THAT EMPLOYS THEM, INDIVIDUALS REPORTED IN PART II GENERALLY PARTICIPATE IN THE FLORIDA RETIREMENT SYSTEM (FRS), A MULTI-EMPLOYER RETIREMENT SYSTEM CREATED UNDER CHAPTER 121 OF THE FLORIDA STATUTES & ADMINISTERED BY THE FLORIDA DIVISION OF RETIREMENT. AS STATED ON THE WEBSITE OF FRS, IT IS FUNDED BY CONTRIBUTIONS PAID BY EMPLOYERS & EMPLOYEES BASED ON A PERCENTAGE OF THE EMPLOYEES' SALARIES. THE RATE OF CONTRIBUTIONS REQUIRED IS DETERMINED BY AN ACTUARIAL CONSULTING FIRM TO ASSURE COMPLIANCE WITH THE FUNDING REQUIREMENTS OF THE CONSTITUTION OF THE STATE OF FLORIDA. EMPLOYEES' CONTRIBUTIONS ARE 3% WITH THE EMPLOYER CONTRIBUTING THE REQUIRED BALANCE. THE INSTRUCTIONS FOR THE FORM 990 INDICATE THAT SCHEDULE J SHOULD INCLUDE A REASONABLE ESTIMATE OF THE INCREASE IN THE ACTUARIAL VALUE OF ANY QUALIFIED OR NONQUALIFIED RETIREMENT ACCRUALS UNDER A DEFINED BENEFIT PLAN. FRS HAS STATED THAT SUCH INFORMATION CURRENTLY IS UNAVAILABLE FOR PARTICIPANTS IN THE PLAN. THEREFORE, THE AMOUNTS REPORTED INCLUDE THE CONTRIBUTION PAID BY THE RELATED ORGANIZATION AS ITS CONTRIBUTION ON BEHALF OF THE NAMED INDIVIDUAL. THIS AMOUNT IS CONSIDERED THE BEST REASONABLE ESTIMATE OF INFORMATION REQUIRED. PART II, COMPENSATION AND BENEFITS FROM FILING ORGANIZATION, ROW ONE: THE RESEARCH FOUNDATION (FOUNDATION) HAS NO EMPLOYEES AND IS SUPPORTED BY EMPLOYEES OF THE UNIVERSITY OF FLORIDA (UNIVERSITY). THE FOUNDATION REIMBURSES THE UNIVERSITY BASED ON A VALUATION DETERMINED BY SPECIFIC EMPLOYEES' TIME, PAY RATES, AND FRINGE BENEFITS. COMPENSATION AND BENEFITS REPORTED IN ROW (I) ARE THE UNIVERSITY'S PAYROLL COSTS RELATED TO PROVIDING SERVICE TO THE FOUNDATION. FORM 990 PART V, LINES 2A AND 2B: THE NUMBER OF EMPLOYEES REPORTED ON PART V, LINE 2A REPRESENTS THE NUMBER OF EMPLOYEES OF THE FILING ORGANIZATION DURING THE TAX YEAR 2024 WHICH WERE REPORTED ON FORM W3 BY THE UNIVERSITY OF FLORIDA (UF), A RELATED ENTITY. SIMILARLY, THE SALARY EXPENSES WERE ALL REPORTED ON THE UNIVERSITY OF FLORIDA'S FORM 941, EMPLOYER'S QUARTERLY FEDERAL TAX RETURN. FORM 990, PART VI, SECTION A, LINE 7A THE APPOINTMENT OF THE ORGANIZATION'S BOARD MEMBERS IS SUBJECT TO APPROVAL BY THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION IS SUBJECT TO GOVERNANCE STANDARDS TO FURTHER THE UNIVERSITY OF FLORIDA'S (UF) "ONE UF" STRATEGIC MISSION AND TO ENSURE APPROPRIATE VISIBILITY AND COMMUNICATION WITH THE UF BOARD OF TRUSTEES (BOT), SUCH THAT THE BOT CAN EFFECTIVELY FULFILL ITS RESPONSIBILITY AS UF'S GOVERNING BOARD AND SO THAT EACH TRUSTEE CAN CARRY OUT HIS/HER FIDUCIARY DUTIES TO UF WHILE SERVING AS A MEMBER OF THE BOT. FOR ANY MATTERS THAT WOULD REASONABLY BE CONSIDERED MATERIAL TO UF, A DSO OR ANY AFFILIATE ENTITY, OR THAT WOULD GENERATE SIGNIFICANT MEDIA ATTENTION, THE PRESIDENT WILL CONFER WITH THE BOT CHAIR AND NOTIFY THE BOT VICE CHAIR, AND NOTIFY THE FULL BOT IN CASE OF SIGNIFICANT MEDIA ATTENTION. IT IS UNDERSTOOD THAT HEALTH, SAFETY AND OPERATIONAL EMERGENCIES MAY PRECLUDE ADVANCE NOTICE. IF IN DOUBT AS TO MATERIALITY, ADMINISTRATORS WILL ERR ON THE SIDE OF ASSUMING A MATTER IS MATERIAL. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BOARD AND MANAGEMENT RECEIVED FORM 990 VIA EMAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED THROUGHOUT THE YEAR BY THE BOARD OF DIRECTORS. THE POLICY APPLIES TO OFFICERS OF THE ORGANIZATION AS WELL AS ASSOCIATES (INCLUDES FAMILY MEMBERS, TRUSTS AND ESTATES, OR CORPORATIONS AND ORGANIZATIONS WITH A GREATER THAN 5% BENEFICIAL INTEREST). THE DISCLOSURE IS COMPLETED ANNUALLY AND PROPOSED TRANSACTIONS/EVENTS NOT DISCLOSED ON THE ANNUAL DISCLOSURE STATEMENT ARE REQUIRED TO BE REPORTED IN WRITING TO THE ORGANIZATION'S PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC RECORDS ARE AVAILABLE ON THE UFRF HOME PAGE HTTPS://RESEARCH.UFL.EDU/UFRF/PUBLICINFO.HTML WE LIST ALL BOARD OF DIRECTORS MEETING ANNOUNCEMENTS FOR THE PUBLIC PLUS COPIES OF THE FORM 990S FOR THE LAST THREE YEARS. WE CURRENTLY DO NOT MAKE THE CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THIS PAGE; HOWEVER, THEY ARE MADE AVAILABLE UPON REQUEST. FORM 990 PART VII, SECTION A, COLUMN D: THE RESEARCH FOUNDATION (FOUNDATION) HAS NO EMPLOYEES AND IS SUPPORTED BY EMPLOYEES OF THE UNIVERSITY OF FLORIDA (UNIVERSITY). THE FOUNDATION REIMBURSES THE UNIVERSITY BASED ON A VALUATION DETERMINED BY SPECIFIC EMPLOYEES' TIME, PAY RATES, AND FRINGE BENEFITS. COMPENSATION AND BENEFITS REPORTED IN ROW (I) ARE THE UNIVERSITY'S PAYROLL COSTS RELATED TO PROVIDING SERVICE TO THE FOUNDATION. FORM 990, PART XI, LINE 9: RECOVERY OF PRIOR YEAR GRANTS 88,339. FLORIDA RESEARCH CONSORTIUM INC 223 GRINTER HALL GAINESVILLE FL 32301 593753473 IT ADVANCEMENT FL 501(C)(3) LINE 7 UNIVERSITY OF FLORIDA 1 UNIVERSITY OF FLORIDA PO BOX 114000 GAINESVILLE FL 32611 596002052 EDUCATION FL 115 N/A 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 UNIVERSITY OF FLORIDA B 12478468 ACTUAL COST UNIVERSITY OF FLORIDA O 5092366 ACTUAL COST UNIVERSITY OF FLORIDA P 1183124 ACTUAL COST UNIVERSITY OF FLORIDA Q 2391949 ACTUAL COST UNIVERSITY OF FLORIDA R 29906666 ACTUAL COST UNIVERSITY OF FLORIDA D 121893878 ACTUAL COST UNIVERSITY OF FLORIDA E 21714860 ACTUAL COST