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University Of Georgia Research Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581353149 ✦ Athens, GA ✦ Designated as a 501(c)(3)

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Overview

What is University Of Georgia Research Foundation Inc?

The University of Georgia Research Foundation Inc, located in Athens, Georgia, is a nonprofit organization dedicated to advancing research at the University of Georgia. They contribute significantly to the academic community by securing research grants and contracts from various individuals, institutions, private organizations, and government agencies. The foundation serves as the official recipient of these awards, facilitating sponsored research across different colleges, schools, departments, and units within the university. By fulfilling broad scientific, literary, educational, and charitable purposes, the University of Georgia Research Foundation enhances the university's mission of teaching, research, and public service.


Official website here: www.research.uga.edu/ugarf

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

The University of Georgia Research Foundation Inc has earned a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With an overall score based entirely on its Accountability & Finance beacon, the organization demonstrates effective financial management practices. Their score of 86 in this area indicates a well-structured financial framework that includes thorough audits and oversight.

A notable strength of the organization is its independent board, consisting of six members, which scored a perfect 7 out of 7 points. Additionally, the foundation has implemented comprehensive policies regarding conflict of interest and whistleblower protections, enhancing its governance practices. The absence of material diversion of assets further solidifies its reputation for transparency and ethical management.

However, while the foundation excels in accountability and financial ratios—such as a remarkable 99.80% program expense ratio—it's essential for potential donors or stakeholders to consider the overall impact and effectiveness of its programs beyond just financial metrics. The organization's liabilities to assets ratio stands at a manageable 52.71%, suggesting room for improvement in financial stability.


This AI summary has been generated from information found on Charity Navigator.

Is University Of Georgia Research Foundation Inc legitimate?

University Of Georgia Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Georgia Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.research.uga.edu/ugarf

What is the mission statement of University Of Georgia Research Foundation Inc?

The University of Georgia Research Foundation functions to further the academic mission of the University of Georgia by securing research grants and contracts on its behalf. It operates with a broad scientific, literary, educational, and charitable purpose. The foundation contributes significantly to the research capacity of the university by obtaining sponsorships from individuals, organizations, and government agencies. These grants and awards facilitate research projects across various colleges, schools, departments, and units within the university. The Research Foundation acts as the official recipient of all such research contracts, grants, and awards for sponsored research at the University of Georgia.


Official website here: www.research.uga.edu/ugarf

Who is the CEO of University Of Georgia Research Foundation Inc?

Unavailable


Official website here: www.research.uga.edu/ugarf

What is the revenue of University Of Georgia Research Foundation Inc?

University Of Georgia Research Foundation Inc's revenue in 2023 was $273,342,749.


Official website here: www.research.uga.edu/ugarf

Who are the executives of University Of Georgia Research Foundation Inc and what are their salaries?

There 17 volunteers at University Of Georgia Research Foundation Inc.


Here are 20 key members and their salaries:


Jere W Morehead (President/Chair)
  • Compensation: $0
  • Related: $690,558
  • Other: $266,613
Ryan A Nesbit (Financial Vp/Treasurer)
  • Compensation: $0
  • Related: $345,231
  • Other: $98,731
S Jack Hu (Vice Chair)
  • Compensation: $0
  • Related: $505,098
  • Other: $49,372
Alan G Darvill (Director)
  • Compensation: $0
  • Related: $230,165
  • Other: $29,340
C Greg Guyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Abit Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin D West (Director)
  • Compensation: $0
  • Related: $150,043
  • Other: $36,903
Gregory H Robinson (Director)
  • Compensation: $0
  • Related: $424,505
  • Other: $114,563
Jason Locklin (Director)
  • Compensation: $0
  • Related: $259,622
  • Other: $60,296
Karen Burg (Director)
  • Compensation: $0
  • Related: $367,683
  • Other: $38,892
Michael R Strand (Director)
  • Compensation: $0
  • Related: $345,889
  • Other: $81,886
N Kirby Alton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Ozias-Akins (Director)
  • Compensation: $0
  • Related: $180,863
  • Other: $58,896
Steven R H Beach (Director)
  • Compensation: $0
  • Related: $285,515
  • Other: $47,602
Susan C Waltman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susanne Hollinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa L Ostapower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek E Eberhart (Chief Licensing Officer)
  • Compensation: $0
  • Related: $228,477
  • Other: $29,644
Jessica K Orbock (Secretary)
  • Compensation: $0
  • Related: $252,468
  • Other: $22,992
Libby V Morris (Former Vice Chair)
  • Compensation: $0
  • Related: $281,805
  • Other: $38,750


Official website here: www.research.uga.edu/ugarf

Where can I find the form 990 for University Of Georgia Research Foundation Inc?

University Of Georgia Research Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.research.uga.edu/ugarf

Learn more at the official website: www.research.uga.edu/ugarf

Mission Statement of University Of Georgia Research Foundation Inc

University of Georgia Research Foundation, a nonprofit organization, plays a vital role in advancing scientific, literary, educational, and charitable pursuits at the University of Georgia (UGa). Established to complement UGa's mission of teaching, research, and public service, the Research Foundation focuses on securing research contracts, grants, and awards from various sources for sponsored research activities across the university.

The Research Foundation acts as an intermediary between UGa faculty researchers and funding bodies, be they individuals, institutions, private organizations, or government agencies. By assuming this role, the foundation contributes significantly to UGa's research function. The Board of Regents of the University System of Georgia has authorized the Research Foundation to serve as the official recipient of all research contracts, grants, and awards for the conduct of sponsored research at UGa. This arrangement enables the university to focus on its core academic mission while the foundation manages the administrative aspects of external funding.

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Impact




October, 2024

The University of Georgia Research Foundation Inc. plays a crucial role in advancing research at the University of Georgia by securing government and private grants that support faculty researchers in various disciplines. This organization enhances the university's mission of teaching, research, and public service by obtaining contracts, grants, and awards from diverse sources, including individuals, private organizations, and government agencies.

Its contributions significantly impact the research landscape within the university, allowing for innovative projects across multiple colleges and departments. By acting as the official recipient of research funding and overseeing intellectual property administration, the foundation ensures that the university maximizes its research potential and fosters an environment where groundbreaking studies can flourish. This ultimately enhances the quality of education, pushes the boundaries of knowledge, and promotes community service through research initiatives, benefiting both the academic community and society at large.




This information is meant to be a general summary of University Of Georgia Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$273,342,749 (2023)
Expenses
$270,663,490 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,610,410
  • Gross Receipts: $282,314,311

Assets and Liabilities:

  • Total Assets: $132,475,705
  • Total Liabilities: $69,830,304
  • Net Assets: $62,645,401

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Organization Details

Founding Year

1978

Main Address

324 Business Srvcs 456 E Broad St, Athens, GA, 30602

NTEE Category

Code: B110 - Education

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