University of Georgia Research Foundation Inc

EIN: 581353149 501(c)(3)

Athens, GA

Total Revenue
$348,882,827
Total Expenses
$342,668,271
Total Assets
$160,490,139
Net Assets
$81,034,994
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
GA
Phone
7065426860
Tax Period
2024-07-01 to 2025-06-30

University of Georgia Research Foundation Inc is a 501(c)(3) with EIN 581353149, based in Athens, GA. Founded in 1978, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $348,882,827 in total revenue and $342,668,271 in total expenses, with net assets of $81,034,994.

Mission

THE UNIVERSITY OF GEORGIA RESEARCH FOUNDATION OBTAINS GOVERNMENT AND PRIVATE RESEARCH GRANTS ON BEHALF OF THE UNIVERSITY OF GEORGIA. GRANTS ARE AWARDED TO FACULTY RESEARCHERS AT THE UNIVERSITY OF GEORGIA.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $325,886,126
Program Service Revenue $166,060
Investment Income $3,540,332
Other Revenue $19,290,309
TOTAL REVENUE $348,882,827

Expense Breakdown

Grants Paid $318,603,455
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $341,993,606
Other Expenses $24,064,816
TOTAL EXPENSES $342,668,271

Year-over-Year Comparison

2024 2023 Change
Revenue $348,882,827 $320,957,163 +0.1%
Expenses $342,668,271 $317,304,901 +0.1%
Net Income $6,214,556 $3,652,262 +0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
18
Independent Members
6
Employees
N/A
Volunteers
16

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$2,407,422
Total Directors
20
$5,070,718
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER KING EXECUTIVE VICE PRESIDENT 1.0
Officer Director
$0 $80,667 $323,096
DEREK E EBERHART CHIEF LICENSING OFFICER 1.0
Officer Director
$0 $32,777 $277,789
JERE W MOREHEAD PRESIDENT/CHAIR 1.0
Officer Director
$0 $328,366 $1,045,880
JESSICA K ORBOCK SECRETARY 1.0
Officer Director
$0 $23,431 $276,899
RYAN A NESBIT FINANCIAL VP/TREASURER 1.0
Officer Director
$0 $106,628 $483,758
ALAN G DARVILL DIRECTOR 1.0
Director
$0 $0 $58,691
ALICIA PEDUZZI DIRECTOR 1.0
Director
$0 $12,929 $88,176
C GREG GUYER DIRECTOR 1.0
Director
$0 $0 $0
FRANKLIN D WEST DIRECTOR 1.0
Director
$0 $45,018 $238,926
GREGORY H ROBINSON DIRECTOR 1.0
Director
$0 $126,960 $580,432
JANETTE HILL DIRECTOR 1.0
Director
$0 $30,978 $171,793
MARY ANN MORAN DIRECTOR 1.0
Director
$0 $33,414 $286,216
MICHAEL R STRAND DIRECTOR 1.0
Director
$0 $89,419 $429,974
N KIRBY ALTON DIRECTOR 1.0
Director
$0 $0 $0
S JACK HU DIRECTOR 1.0
Director
$0 $52,680 $564,548
STEVEN R H BEACH DIRECTOR 1.0
Director
$0 $46,939 $244,540
SUSAN C WALTMAN DIRECTOR 1.0
Director
$0 $0 $0
SUSANNE HOLLINGER DIRECTOR 1.0
Director
$0 $0 $0
TERESA L OSTAPOWER DIRECTOR 1.0
Director
$0 $0 $0
THOMAS A McCALL DIRECTOR 1.0
Director
$0 $0 $0
KAREN BURG EXECUTIVE VICE PRESIDENT 1.0
$0 $45,294 $334,604
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $348,882,827 $342,668,271 $160,490,139 $6,214,556
2024 $320,957,163 $317,304,901 $140,555,181 $3,652,262
2023 $273,342,749 $270,663,490 $132,475,705 $2,679,259
2022 $273,465,461 $268,127,369 $126,359,390 $5,338,092
2021 $239,193,829 $234,934,795 $134,534,094 $4,259,034
2020 $276,388,255 $274,524,859 $110,637,917 $1,863,396
2019 $195,342,779 $194,263,759 $135,852,925 $1,079,020
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