TY 2017 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC)
(1) BRUCE HARRELD...................................................................... PRESIDENT	1.00 ................. 40.00	X	X	0	590,656	80,752
(2) JOHN KELLER...................................................................... VICE PRESIDENT	1.00 ................. 40.00	X	X	0	280,915	51,507
(3) TERRY JOHNSON...................................................................... TREASURER	1.00 ................. 40.00	X	X	0	323,680	57,917
(4) MARIE KERBESHIAN...................................................................... AVP & ED/SECRETARY	40.00 ................. 0.00	X	X	114,196	0	22,745
(5) MATT HOWARD III...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	867,534	62,490
(6) LARRY WEBER...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	346,289	57,842
(7) RICH HICHWA...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	234,739	54,899
(8) DAVID HENSLEY...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	217,664	43,343
(9) MATT KINLEY...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(10) CHARLES KLASSON...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(11) LYNETTE MARSHALL...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(12) STEVEN MICHALICEK...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(13) FRED REINHART...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0
(14) DANIEL CLAY...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	304,175	51,883
(15) DONNA HAMMOND...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	210,427	40,183
(16) JON DARSEE...................................................................... DIRECTOR	1.00 ................. 40.00	X		0	34,350	0
(17) DAWN AINGER...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation
VIKSNINS HARRIS & PADYS PLLP 7851 METRO PARKWAY SUITE 325 BLOOMINGTON,MN55425	LEGAL SERVICES	934,838
COMPUTER PACKAGES INC 414 HUNGERFORD DRIVE 3RD FLOOR ROCKVILLE,MD20850	PATENT MAINTENANCE FEES	237,864
SCHWEGMAN LUNDBERG & WOESSNER 1600 TCF TOWER 121 S 8TH ST MINNEAPOLIS,MN55402	LEGAL SERVICES	199,826
SMITH GAMBRELL & RUSSELL LLP 1230 PEACHTREE STREET NE ATLANTA,GA30309	LEGAL SERVICES	135,603
KILPATRICK TOWNSEND & STOCKTON PO BOX 39000 SAN FRANCISCO,CA94139	LEGAL SERVICES	128,133
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 5

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

UNIVERSITY OF IOWA RESEARCH FOUNDATION

Employer identification number

23-7436761

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................1

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iii) Type of organization (described on lines 1- 10 above (see instructions))	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN		Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(A) UNIVERSITY OF IOWA	426004813	2	Yes		961,782	0

Total 1					961,782	0

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2019

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2019 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2018 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2019. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2018. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2019. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2018. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2019

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2019 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2018 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2019 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2018 Schedule A, Part III, line 17 .............

19a

331/3% support tests—2019. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2018. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2019

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Yes

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Yes

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990 or 990-EZ) 2019

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Yes

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2019

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2019

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2019 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2019	(iii) Distributable Amount for 2019
1 Distributable amount for 2019 from Section C, line 6
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2019:
a From 2014.......
b From 2015.......
c From 2016.......
d From 2017.......
e From 2018.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2019 distributable amount
i Carryover from 2014 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2019 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2019 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2020. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2015.....
b Excess from 2016.....
c Excess from 2017.....
d Excess from 2018.....
e Excess from 2019.....

Schedule A (Form 990 or 990-EZ) (2019)

Schedule A (Form 990 or 990-EZ) 2019

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
PART IV, SECTION A, LINE 2:	UI IS A STATE UNIVERSITY MANAGED BY THE IOWA BOARD OF REGENTS AND QUALIFIES UNDER SEC. 509(A)(1) AS A SEC. 170(B)(1)(A)(II) EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. UI IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. AS A STATE UNIVERSITY, IT IS NOT REQUIRED TO OBTAIN AN IRS DETERMINATION OF RECOGNITION OF ITS PUBLIC CHARITY STATUS.

Return Reference

Explanation

PART IV, SECTION A, LINE 2:

UI IS A STATE UNIVERSITY MANAGED BY THE IOWA BOARD OF REGENTS AND QUALIFIES UNDER SEC. 509(A)(1) AS A SEC. 170(B)(1)(A)(II) EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. UI IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. AS A STATE UNIVERSITY, IT IS NOT REQUIRED TO OBTAIN AN IRS DETERMINATION OF RECOGNITION OF ITS PUBLIC CHARITY STATUS.

Schedule A (Form 990 or 990-EZ) 2019

Additional Data

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SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

UNIVERSITY OF IOWA RESEARCH FOUNDATION

Employer identification number

23-7436761

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2019

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements
d	Equipment ....	75,850	69,682	6,168
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				6,168

Schedule D (Form 990) 2019

Page 3

Part VII

InvestmentsOther Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) MUTUAL FUNDS	6,057,821	F
(B) EQUITY INVESTMENTS	317,677	F
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	6,375,498

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	702,368
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2019

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	4,194,925
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	259,778
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................			2e	259,778
3	Subtract line 2e from line 1..................			3	3,935,147
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	26,134
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	26,134
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	3,961,281

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	5,810,371
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	5,810,371
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	26,134
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................			4c	26,134
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	5,836,505

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation

Schedule D (Form 990) 2019

Additional Data

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Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization
UNIVERSITY OF IOWA RESEARCH FOUNDATION

Employer identification number
23-7436761

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(e) Amount of non-cash assistance	(f) Method of valuation (book, FMV, appraisal, other)	(g) Description of noncash assistance	(h) Purpose of grant or assistance
(1) UNIVERSITY OF IOWA 105 JESSUP HALL IOWA CITY,IA52242	42-6004813	GOVERNMENT	230,821		N/A	N/A	TO SUPPORT UI VENTURES DIVISION. THE PURPOSE OF THE GRANT IS TO PROVIDE FUNDING TO SUPPORT THE DEVELOPMENT OF UI TECHNOLOGIES WITH COMMERCIAL POTENTIAL THROUGH A RANGE OF STAGES IN TECHNOLOGY DEVELOPMENT, FROM INITIAL CONCEPT, THROUGH PROOF OF CONCEPT, TO LICENSING AND COMMERCIALIZATION.

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2019

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

AS PART OF UIRF'S CHARITABLE MISSION, IT PROVIDES FUNDING TO VARIOUS UI INITIATIVES AND PROGRAMS. TO ENSURE PROPER USE OF THE FUNDS UIRF MAINTAINS CONTINUAL CONTACT WITH THE UI AND CAN REQUEST EXPENDITURE REPORTS AS NEEDED, INCLUDING THE RIGHT TO AUDIT THE UI'S EXPENDITURES RELATED TO THE GRANT FUNDS RECEIVED. DEPENDING ON THE TYPE OF GRANT UIRF MAY ONLY REMIT PAYMENTS AS QUALIFYING EXPENDITURES ARE INCURRED AND REPORTED BACK TO UIRF.

Schedule I (Form 990) 2019

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Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

UNIVERSITY OF IOWA RESEARCH FOUNDATION

Employer identification number

23-7436761

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2019

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1BRUCE HARRELD PRESIDENT	(i) (ii)	0 ------------- 583,496	0 ------------- 5,600	0 ------------- 1,560	0 ------------- 58,840	0 ------------- 21,912	0 ------------- 671,408	0 ------------- 0
2JOHN KELLER VICE PRESIDENT	(i) (ii)	0 ------------- 280,915	0 ------------- 0	0 ------------- 0	0 ------------- 28,161	0 ------------- 23,346	0 ------------- 332,422	0 ------------- 0
3TERRY JOHNSON TREASURER	(i) (ii)	0 ------------- 318,922	0 ------------- 0	0 ------------- 4,758	0 ------------- 32,831	0 ------------- 25,086	0 ------------- 381,597	0 ------------- 0
4MATT HOWARD III DIRECTOR	(i) (ii)	0 ------------- 811,764	0 ------------- 46,972	0 ------------- 8,798	0 ------------- 37,583	0 ------------- 24,907	0 ------------- 930,024	0 ------------- 0
5LARRY WEBER DIRECTOR	(i) (ii)	0 ------------- 323,276	0 ------------- 16,562	0 ------------- 6,451	0 ------------- 33,101	0 ------------- 24,741	0 ------------- 404,131	0 ------------- 0
6RICH HICHWA DIRECTOR	(i) (ii)	0 ------------- 217,786	0 ------------- 0	0 ------------- 16,953	0 ------------- 26,642	0 ------------- 28,257	0 ------------- 289,638	0 ------------- 0
7DAVID HENSLEY DIRECTOR	(i) (ii)	0 ------------- 194,307	0 ------------- 23,357	0 ------------- 0	0 ------------- 19,881	0 ------------- 23,462	0 ------------- 261,007	0 ------------- 0
8DANIEL CLAY DIRECTOR	(i) (ii)	0 ------------- 304,175	0 ------------- 0	0 ------------- 0	0 ------------- 27,000	0 ------------- 24,883	0 ------------- 356,058	0 ------------- 0
9DONNA HAMMOND DIRECTOR	(i) (ii)	0 ------------- 204,703	0 ------------- 0	0 ------------- 5,724	0 ------------- 21,109	0 ------------- 19,074	0 ------------- 250,610	0 ------------- 0
10DAN REED VICE PRESIDENT - LEFT OCT 2017	(i) (ii)	0 ------------- 374,173	0 ------------- 0	0 ------------- 8,726	0 ------------- 27,000	0 ------------- 12,150	0 ------------- 422,049	0 ------------- 0
11JOE KEARNEY DIRECTOR - LEFT DEC 2017	(i) (ii)	0 ------------- 203,680	0 ------------- 0	0 ------------- 8,087	0 ------------- 20,653	0 ------------- 23,963	0 ------------- 256,383	0 ------------- 0
12GAIL AGRAWAL DIRECTOR - LEFT OCT 2017	(i) (ii)	0 ------------- 337,388	0 ------------- 0	0 ------------- 8,286	0 ------------- 27,000	0 ------------- 12,924	0 ------------- 385,598	0 ------------- 0
13DEBRA SCHWINN DIRECTOR - LEFT OCT 2016	(i) (ii)	0 ------------- 605,865	0 ------------- 0	0 ------------- 14,595	0 ------------- 27,000	0 ------------- 27,144	0 ------------- 674,604	0 ------------- 0
14PAULA DEGRANDIS ASSOCIATE DIRECTOR	(i) (ii)	153,786 ------------- 0	0 ------------- 0	3,064 ------------- 0	15,840 ------------- 0	21,760 ------------- 0	194,450 ------------- 0	0 ------------- 0
15JANE GARRITY ASSOCIATE DIRECTOR	(i) (ii)	129,720 ------------- 0	0 ------------- 0	1,560 ------------- 0	13,100 ------------- 0	10,332 ------------- 0	154,712 ------------- 0	0 ------------- 0
16SUE CURRY FORMER DIRECTOR	(i) (ii)	0 ------------- 408,519	0 ------------- 0	0 ------------- 9,480	0 ------------- 27,000	0 ------------- 23,052	0 ------------- 468,051	0 ------------- 0
17JEAN ROBILLARD FORMER OFFICER - INTERIM PRESIDENT	(i) (ii)	0 ------------- 751,115	0 ------------- 0	0 ------------- 35,545	0 ------------- 27,000	0 ------------- 29,940	0 ------------- 843,600	0 ------------- 0

Schedule J (Form 990) 2019

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 3	THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE UNIVERSITY OF IOWA (UI), A RELATED PARTY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS ESTABLISHED INDEPENDENT OF UIRF, BY UI. THE POLICIES OF UI ARE USED TO DETERMINE COMPENSATION, WHICH INCLUDE COMPENSATION SURVEYS OR STUDIES AND A WRITTEN EMPLOYMENT INITIAL OFFER. THE UNIVERSITY OF IOWA IS THE COMMON PAYMASTER FOR UIRF.

Schedule J (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

UNIVERSITY OF IOWA RESEARCH FOUNDATION

Employer identification number

23-7436761

Return Reference	Explanation
FORM 990, PART IV, LINE 11F:	AS PART OF THE AUDIT CONDUCTED FOR THE ORGANIZATION A FIN 48 (ASC 740) ANALYSIS IS COMPLETED. IT WAS DETERMINED THAT NO UNCERTAIN TAX POSITION EXISTED AND AS SUCH THERE IS NO FOOTNOTE IN THE FINANCIAL STATEMENTS THAT DISCUSSES FIN 48 (ASC 740).
FORM 990, PART VI, SECTION A, LINE 1	THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT OF THE CORPORATION WHO SHALL PRESIDE AT ALL MEETINGS THEREOF, AND AT LEAST TWO (2) MEMBERS OF THE BOARD OF DIRECTORS ELECTED TO THE EXECUTIVE COMMITTEE BY SAID BOARD AT ITS ANNUAL MEETING, FROM A LIST OF NOMINEES PREPARED BY THE NOMINATING COMMITTEE. IN ADDITION TO SAID MEMBERSHIP, THE STATE UNIVERSITY OF IOWA PRESIDENT SHALL BE A MEMBER WITH VOTING POWER. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL SERVE UNTIL THE NEXT FOLLOWING ANNUAL MEETING OF THE BOARD OF DIRECTORS AND UNTIL THEIR SUCCESSORS HAVE BEEN ELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL ELECT ITS OWN SECRETARY AND SHALL PRESCRIBE THE DUTIES OF SUCH SECRETARY. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS OF THIS CORPORATION BETWEEN MEETINGS OF SAID BOARD, TO THE EXTENT ALLOWED BY LAW. WRITTEN REPORTS OF THE ACTIONS OF THE EXECUTIVE COMMITTEE SO TAKEN SHALL BE SUBMITTED TO THE BOARD OF DIRECTORS AT ITS NEXT MEETING IMMEDIATELY FOLLOWING THE ACTIONS OF THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 2	JOHN KELLER (VICE PRESIDENT) AND RICH HICHWA (DIRECTOR) HAVE A BUSINESS RELATIONSHIP. JOHN KELLER (VICE PRESIDENT) AND MARIE KERBESHIAN (AVP & ED/SECRETARY) HAVE A BUSINESS RELATIONSHIP. BRUCE HARRELD (PRESIDENT) AND JOHN KELLER (VICE PRESIDENT) HAVE A BUSINESS RELATIONSHIP. BRUCE HARRELD (PRESIDENT) AND LYNETTE MARSHALL (DIRECTOR) HAVE A BUSINESS RELATIONSHIP. THE TERM "BUSINESS RELATIONSHIP" USED IN THIS CONTEXT REFERS TO INDIVIDUALS HAVING A DIRECT REPORTING BUSINESS RELATIONSHIP IN THEIR REGULAR EMPLOYMENT WITH THE UNIVERSITY OF IOWA OR AT THE UNIVERSITY OF IOWA CENTER FOR UNIVERSITY ADVANCEMENT.
FORM 990, PART VI, SECTION A, LINE 7A	AT THE ANNUAL MEETING OF THE BOARD, THE PRESIDENT OF THE STATE UNIVERSITY OF IOWA SHALL APPOINT DIRECTORS TO INITIAL TERMS FROM NOMINEES NAMED BY A NOMINATING COMMITTEE OF THE BOARD, AND MAY REAPPOINT DIRECTORS AT HIS/HER DISCRETION. DIRECTORS SHALL CONTINUE TO SERVE UNTIL THEIR SUCCESSORS ARE APPOINTED. THE MEMBERSHIP ON THE BOARD OF DIRECTORS OF THE MEMBER OF THE STATE BOARD OF REGENTS SHALL BE INITIATED AND TERMINATED BY ACTION OF THE STATE BOARD OF REGENTS. IF ANY VACANCY ON THE BOARD OF DIRECTORS EXISTS BY REASON OF DEATH, RESIGNATION, REMOVAL, OR OTHERWISE, THE BOARD OF DIRECTORS MAY ELECT A SUCCESSOR DIRECTOR FOR THE UNEXPIRED TERM OF THE PREDECESSOR IN OFFICE. IF ANY SUCH VACANT OFFICE WAS HELD BY THE MEMBER OF THE STATE BOARD OF REGENTS, THE STATE BOARD OF REGENTS SHALL SELECT AND APPOINT THE SUCCESSOR DIRECTOR FROM AMONG ITS CURRENT MEMBERS. DIRECTORS SHALL BE DIVIDED INTO THREE CLASSES, WITH THE TERMS OF EACH CLASS STAGGERED BY ONE YEAR SO THAT THE TERM OF ONLY ONE-THIRD OF THE DIRECTORS WILL EXPIRE EACH YEAR. DIRECTORS SHALL SERVE FOR A TERM OF THREE YEARS. ANY DIRECTOR IS ELIGIBLE FOR APPOINTMENT TO SUCCEED HIMSELF OR HERSELF IN THAT OFFICE FOR A SUBSEQUENT TERM, AND NO DIRECTOR SHALL SERVE MORE THAN TWO THREE-YEAR TERMS CONSECUTIVELY; PROVIDED, HOWEVER, THAT THE SECOND THREE-YEAR TERM MAY BE EXTENDED FOR ONE ADDITIONAL YEAR FOR ANY DIRECTOR BY A MAJORITY VOTE OF ALL THE OTHER DIRECTORS THEN SERVING WHENEVER IN THEIR JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED BY SUCH AN EXTENSION. THE BOARD TERM OF THE STATE UNIVERSITY OF IOWA PRESIDENT, THE CHIEF FINANCIAL OFFICER AND TREASURER, THE VICE PRESIDENT FOR RESEARCH AND ECONOMIC DEVELOPMENT, THE SENIOR ASSOCIATE VICE PRESIDENT FOR RESEARCH, AND THE ASSISTANT VICE PRESIDENT: UNIVERSITY OF IOWA RESEARCH FOUNDATION SHALL COINCIDE WITH HIS/HER RESPECTIVE TENURE IN THAT POSITION.
FORM 990, PART VI, SECTION A, LINE 7B	ANY DIRECTOR IS ELIGIBLE FOR APPOINTMENT TO SUCCEED HIMSELF OR HERSELF IN THAT OFFICE FOR A SUBSEQUENT TERM, AND NO DIRECTOR SHALL SERVE MORE THAN TWO THREE-YEAR TERMS CONSECUTIVELY; PROVIDED, HOWEVER, THAT THE SECOND THREE-YEAR TERM MAY BE EXTENDED FOR ONE ADDITIONAL YEAR FOR ANY DIRECTOR BY A MAJORITY VOTE OF ALL THE OTHER DIRECTORS THEN SERVING WHENEVER IN THEIR JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED BY SUCH AN EXTENSION. ANY DIRECTOR OF THIS CORPORATION MAY BE REMOVED FROM OFFICE AT ANY TIME BY A MAJORITY VOTE OF ALL OF THE OTHER DIRECTORS THEN SERVING WHENEVER IN THEIR JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED BY SUCH REMOVAL. THE BOARD OF DIRECTORS MAY APPOINT THE MEMBERS OF SUCH COMMITTEES, BUT BOTH THE APPOINTMENT OF COMMITTEE MEMBERS AND THE CREATION OF THE COMMITTEE SHALL BE APPROVED BY THE MAJORITY OF DIRECTORS THEN SERVING. THE PRESENCE OF ONE-HALF OF THE MEMBERS OF THE BOARD OF DIRECTORS THEN SERVING SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS AT ANY MEETING OF THE BOARD OF DIRECTORS. IF A QUORUM BE NOT PRESENT AT ANY MEETING OF THE BOARD OF DIRECTORS, OR IF THE BUSINESS OF SUCH MEETING SHALL NOT BE COMPLETED, THOSE PRESENT BY MAJORITY VOTE MAY ADJOURN THE MEETING FROM DAY TO DAY, OR FROM TIME TO TIME, NOT EXCEEDING NINETY (90) DAYS FROM SUCH ADJOURNMENT, WITHOUT FURTHER NOTICE, UNTIL A QUORUM SHALL ATTEND, OR THE BUSINESS THEREOF SHALL BE COMPLETED. AT ANY SUCH ADJOURNED MEETING ANY BUSINESS MAY BE TRANSACTED WHICH MIGHT HAVE BEEN TRANSACTED AT THE MEETING AS ORIGINALLY CALLED. EACH DIRECTOR SHALL BE ENTITLED TO ONE VOTE ON ANY QUESTION PROPERLY COMING BEFORE ANY MEETING OF THE BOARD OF DIRECTORS. AT ALL MEETINGS OF THE BOARD OF DIRECTORS, ALL QUESTIONS, EXCEPT AS OTHERWISE EXPRESSLY DIRECTED BY LAW, THE ARTICLES OF INCORPORATION OF THIS CORPORATION, OR THESE BYLAWS, SHALL BE DECIDED BY THE VOTE OF A MAJORITY OF THE DIRECTORS ENTITLED TO VOTE THEREON WHO SHALL BE PRESENT AT THE MEETING AND WHO SHALL VOTE THEREON. ANY ACTION WHICH MIGHT BE TAKEN AT A MEETING OF THE BOARD OF DIRECTORS MAY BE TAKEN WITHOUT A MEETING IF A WRITTEN CONSENT DESCRIBING SUCH ACTION IS SIGNED BY ALL OF THE DIRECTORS AND DELIVERED TO THE CORPORATION. IF THE PRESIDENT OF THE CORPORATION IS ALSO A DIRECTOR OF THE CORPORATION, S/HE SHALL RETAIN THE RIGHT TO VOTE ON ALL QUESTIONS PROPERLY COMING BEFORE THE BOARD OF DIRECTORS ON WHICH S/HE WOULD BE ENTITLED TO VOTE IF S/HE WERE NOT THE PRESIDING OFFICER OF SUCH BODY.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A PRELIMINARY DRAFT OF THE FORM 990 IS PROVIDED TO UIRF STAFF FOR DETAIL REVIEW. AFTER IT IS REVIEWED AND UPDATED, THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD AT LEAST ONE WEEK PRIOR TO SIGNATURE AND FILING. THE TREASURER OF THE BOARD PERFORMS THE FINAL REVIEW AND SIGNS THE FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED AND SIGNED BY EACH BOARD MEMBER ANNUALLY. DURING THE PROCUREMENT PROCESS UIRF PAYS SPECIAL ATTENTION TO IDENTIFYING ANY POTENTIAL CONFLICTS OF INTERESTS AND SUBJECTS ITSELF TO THE UNIVERSITY OF IOWA'S POLICY, PROCEDURE AND DISCLOSURE REQUIREMENTS. THE SELECTION OF LICENSEES IS ANOTHER AREA WHERE CONFLICTS COULD POTENTIALLY ARISE SO UIRF FOLLOWS REPORTING PROCEDURES AND HAS DAILY DISCUSSIONS WITH THE EXECUTIVE DIRECTOR TO HELP IDENTIFY ANY POTENTIAL CONFLICTS. CONFLICT OF INTEREST VENDORS REQUIRE ADDITIONAL REVIEW AND APPROVAL WITH UI ACCOUNTS PAYABLE BEFORE ANY PAYMENT IS MADE.
FORM 990, PART VI, SECTION B, LINE 15	BOARD MEMBERS ARE NOT COMPENSATED FOR THEIR SERVICE AS BOARD MEMBERS OF UIRF, ALL COMPENSATION BEING DISCLOSED AS PAID BY UIRF OR A RELATED PARTY IS IN THE CAPACITY AS AN EMPLOYEE NOT A BOARD MEMBER. THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE UNIVERSITY OF IOWA AND ALL HIRING AND SALARY PROCEDURES ARE GOVERNED BY THE UNIVERSITY OF IOWA HUMAN RESOURCE POLICIES. UNDER UI POLICY, HIRING DECISIONS REQUIRE INDEPENDENT APPROVAL BY THE OFFICE OF EQUAL OPPORTUNITY AND DIVERSITY, SALARY PROPOSALS MUST BE WITHIN UNIVERSITY COMPENSATION PLAN MARKET RANGES FOR THE POSITION, AND COMPENSATION OFFERS REQUIRE APPROVAL BY THE UI ORGANIZATION LEVEL HUMAN RESOURCES DEPARTMENT. (HTTP://HR.UIOWA.EDU/DEPT-COMP-CLASS/PRACTICES) THE UNIVERSITY COMPENSATION PLAN IS REFRESHED EACH YEAR FOLLOWING AN ANALYSIS OF THE MOST RECENT MARKET DATA. SALARY SURVEY DATA IS DRAWN FROM DIFFERENT GEOGRAPHICAL MARKETS AND BUSINESS SECTORS FOR BENCHMARK JOBS TO DETERMINE WHETHER A CHANGE NEEDS TO BE MADE IN ANY MARKET RANGE AND MEDIAN ZONE IN ORDER TO REMAIN COMPETITIVE FOR THE RECRUITMENT AND RETENTION OF UNIVERSITY STAFF. MARKET DATA FOR SEVENTY ADDITIONAL BENCHMARK JOBS WERE UTILIZED IN THE MOST CURRENT ANALYSIS, WITH ALL BENCHMARK JOBS REPRESENTING APPROXIMATELY 75% OF THE PROFESSIONAL AND SCIENTIFIC STAFF. BECAUSE SALARY MARKETS FOR THE VARIETY OF UNIVERSITY JOBS WILL CHANGE AT DIFFERENT RATES, THE CHANGES RESULTING FROM THE ANNUAL SURVEY ANALYSIS WILL ALSO VARY BETWEEN LEVELS AND PAY STRUCTURES. FOR THE PAY STRUCTURES EFFECTIVE JULY 1, 2016, THE CHANGES IN THE MARKET RANGES AND MEDIAN ZONES RANGE FROM 1-4 PERCENT FROM THE CURRENT STRUCTURES. INDIVIDUAL SALARY DECISIONS FOR FY18 ARE BASED UPON JOB PERFORMANCE AND SALARY POSITION IN RELATION TO THE LATEST MARKET RANGE AND MEDIAN ZONE INFORMATION. VARIATIONS IN RESPONSIBILITY, PERFORMANCE, FUNDING, AND JOB SPECIFIC MARKET CONDITIONS SHOULD ALSO BE REFLECTED APPROPRIATELY IN FUTURE SALARY DECISIONS. (HTTP://HR.UIOWA.EDU/PROFESSIONAL-PAY).
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VIII, LINE 2A & LINE 2B:	2A REIMBURSED PATENT ACQUISITION COSTS 2B LICENSE, SUBLICENSE, & MILESTONE FEE

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

UNIVERSITY OF IOWA RESEARCH FOUNDATION

Employer identification number

23-7436761

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)UNIVERSITY OF IOWA (UI) 105 JESSUP HALL IOWA CITY,IA52242 42-6004813	EDUCATIONAL INSTITUTION	IA			N/A		No
(2)IOWA MEASUREMENT RESEARCH FOUNDATION 334 LINDQUIST CENTER IOWA CITY,IA52242 42-0791544	ADVANCE KNOWLEDGE IN TESTING & MEASUREMENT VIA GRANTS TO UI	IA	501(C)(3)	LINE 12A, I	UNIVERSITY OF IOWA		No
(3)UNIVERSITY OF IOWA RESEARCH PARK CORPORATION 2500 CROSSPARK ROAD CORALVILLE,IA52241 42-1333324	OPERATION OF RESEARCH PARK FOR UI	IA	501(C)(2)	N/A	UNIVERSITY OF IOWA		No
(4)MUSSER DAVIS LAND COMPANY 4600 MADISON STE 600 KANSAS CITY,MO64112 44-0365680	SUPPORT THE COLLEGE OF MEDICINE OF UI	MO	501(C)(3)	LINE 12A, I	UNIVERSITY OF IOWA		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2019

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) UI AFFILIATED HEALTH PROVIDERS LC 1344 JCP UIHC IOWA CITY,IA52242 42-1432272	MEDICARE SHARED SAVINGS	IA	N/A

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) UNIVERSITY OF IOWA HEALTH SYSTEM 1349 JCP UI HOSPITALS CLINICS IOWA CITY,IA52242 42-1431503	MEDICAL SERVICES	IA	N/A	C				No
(2) IOWA MEDICAL MUTUAL INS CO 312 COLLEGE OF MEDICINE ADMIN BLDG IOWA CITY,IA52242 02-0709298	MALPRACTICE INSURANCE	IA	N/A	C				No

Schedule R (Form 990) 2019

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

Yes

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

Yes

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) .................

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

Yes

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

Yes

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) UNIVERSITY OF IOWA	B	230,821	FMV
(2) UNIVERSITY OF IOWA	R	704,759	FMV
(3) UNIVERSITY OF IOWA	K	25,901	FMV

Schedule R (Form 990) 2019

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2019

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2019

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	3,251,902	3,410,963
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	739,202	550,318
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	3,991,104	3,961,281
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	457,431	230,821
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,560,275	1,680,402
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	4,304,724	3,925,282
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	6,322,430	5,836,505
19	Revenue less expenses. Subtract line 18 from line 12.......	-2,331,326	-1,875,224
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	16,670,000	14,504,204
21	Total liabilities (Part X, line 26).............	1,729,507	1,179,157
22	Net assets or fund balances. Subtract line 21 from line 20.....	14,940,493	13,325,047

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 5,351,810 including grants of $ 230,821 ) (Revenue $ 3,410,963 )
	THE PROGRAMMATIC FUNCTION OF GETTING INNOVATIONS OUT INTO THE WORLD CAN BE BROKEN DOWN INTO THREE PRIMARY ACTIVITIES: INTELLECTUAL PROPERTY SERVICES, COMMERCIALIZING UI TECHNOLOGIES AND SUPPORTING NEW VENTURES.INTELLECTUAL PROPERTY SERVICES: DURING FISCAL YEAR 2018, THE UIRF RECEIVED 143 DISCLOSURES OF NEW INVENTIONS FROM UI RESEARCHERS; FILED 79 US, 57 FOREIGN, AND 17 PCT PATENT APPLICATIONS; 3 TRADEMARK AND NO COPYRIGHT REGISTRATION; OBTAINED 27 US AND 47 FOREIGN-ISSUED PATENTS.SEE SCHEDULE O FOR CONTINUATION . . . COMMERCIALIZING UI TECHNOLOGIES: DURING FISCAL YEAR 2018, THE UIRF DISTRIBUTED NET REVENUE OF $1.5 MILLION TO UI INVENTORS, COLLEGES, DEPARTMENTS, AND OTHER THIRD PARTY CO-OWNERS; EXECUTED 51 NEW LICENSE/OPTION AND 138 OUTGOING MATERIAL TRANSFER AGREEMENTS.SUPPORTING NEW VENTURES: DURING FISCAL YEAR 2018, 11 OF THE 51 LICENSE/OPTION AGREEMENTS WITH STARTUP COMPANIES, 9 OF WHICH WERE IN IOWA; 24 LICENSE/OPTION AGREEMENTS WITH SMALL COMPANIES; AND PROVIDED OVER $150,000 IN GAP FUNDING TO DEVELOP 5 UI TECHNOLOGIES.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses5,351,810

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)					(D) Reportable compensation from the organization (W-2/1099-MISC)	(E) Reportable compensation from related organizations (W-2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) NANCY DUNKEL........................................................................ DIRECTOR	1.00 .......................0.00	X					0	0	0
(19) DAN REED........................................................................ VICE PRESIDENT - LEFT OCT 2017	0.30 .......................40.00	X	X				0	382,899	39,150
(20) JOE KEARNEY........................................................................ DIRECTOR - LEFT DEC 2017	0.30 .......................40.00	X					0	211,767	44,616
(21) DON SCHOEN........................................................................ DIRECTOR - LEFT OCT 2017	0.30 .......................0.00	X					0	0	0
(22) GAIL AGRAWAL........................................................................ DIRECTOR - LEFT OCT 2017	0.30 .......................40.00	X					0	345,674	39,924
(23) DEBRA SCHWINN........................................................................ DIRECTOR - LEFT OCT 2016	1.00 .......................40.00	X					0	620,460	54,144
(24) PAULA DEGRANDIS........................................................................ ASSOCIATE DIRECTOR	40.00 .......................0.00			X			156,850	0	37,600
(25) JANE GARRITY........................................................................ ASSOCIATE DIRECTOR	40.00 .......................0.00				X		131,280	0	23,432
(26) SUE CURRY........................................................................ FORMER DIRECTOR	0.00 .......................40.00					X	0	417,999	50,052
(27) JEAN ROBILLARD........................................................................ FORMER OFFICER - INTERIM PRESIDENT	0.00 .......................40.00					X	0	786,660	56,940

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	402,326	6,175,888	869,419

1	Briefly describe the organization’s mission or most significant activities: UIRF ASSISTS RESEARCHERS IN THE TRANSFER OF UI TECHNOLOGY FROM THE LAB TO THE WORLD.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	18
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	6
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	36
6	Total number of volunteers (estimate if necessary) .............	6	23
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	REIMBURSED PATENT ACQU	541700	1,682,745	1,682,745
b	LICENSE, SUBLICENSE, &	541700	1,042,165	1,042,165
c	ROYALTIES	711120	686,053	686,053
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		3,410,963

3 Investment income (including dividends, interest, and othersimilar amounts) ......			550,318			550,318
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			3,961,281	3,410,963	0	550,318

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	230,821	230,821
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	524,400	393,300	131,100
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	852,555	639,416	213,139
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	76,291	57,218	19,073
9	Other employee benefits .......	227,156	170,367	56,789
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	28,100	21,075	7,025
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	26,134		26,134
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	625	469	156
12	Advertising and promotion ....	4,515	3,386	1,129
13	Office expenses .......	11,940	8,955	2,985
14	Information technology ......	12,040	9,030	3,010
15	Royalties ..	1,498,593	1,498,593
16	Occupancy ...........	687	516	171
17	Travel ............	31,700	23,775	7,925
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	25,480	19,110	6,370
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	1,761	1,321	440
23	Insurance ...
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PATENT ACQUISITION COST	2,136,044	2,136,044
b	BAD DEBT EXPENSE	81,209	81,209
c	BUSINESS TECH & DEVELOP	29,457	29,457
d	PRINTING/SCANNING ARCHI	882	662	220
e	All other expenses	36,115	27,086	9,029
25	Total functional expenses. Add lines 1 through 24e	5,836,505	5,351,810	484,695	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........				1
2	Savings and temporary cash investments .........			2,734,391	2	6,031,426
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			1,074,496	4	866,365
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........			233,969	7	189,969
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			7,083	9	101,633
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	75,850
b	Less: accumulated depreciation	10b	69,682	218	10c	6,168
11	Investments—publicly traded securities .			673,413	11	932,895
12	Investments—other securities. See Part IV, line 11 .....			11,946,198	12	6,375,498
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			232	15	250
16	Total assets. Add lines 1 through 15 (must equal line 33)...			16,670,000	16	14,504,204

17	Accounts payable and accrued expenses .....	913,266	17	476,789
18	Grants payable ...		18
19	Deferred revenue .........	3,500	19	0
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	812,741	25	702,368
26	Total liabilities. Add lines 17 through 25..	1,729,507	26	1,179,157

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	14,940,493	31	13,325,047
32	Total net assets or fund balances ...........	14,940,493	32	13,325,047
33	Total liabilities and net assets/fund balances ........	16,670,000	33	14,504,204