Civic Intelligence

Microelectronics Advanced Rsrch Corporation

990 • Fiscal year 2020 • EIN 56-2038762

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

4819 EMPEROR BOULEVARD Suite 300Durham, NC 27703

(919) 941-9400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.58x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

47th percentile

0.44x

Higher debt load relative to revenue than 47% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Net Margin

20th percentile

-7.2%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

75th percentile

$947,365

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Asset Growth

38th percentile

0.7%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-11%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$36,492,507

Up $253,724 (+0.7%) from 2019

Net Assets

Down

$15,223,729

Down $3,471,341 (-19%) from 2019

Liabilities

Up

$21,268,778

Up $3,725,065 (+21%) from 2019

Revenue

Down

$48,050,657

Down $5,690,005 (-11%) from 2019

Expenses

Up

$51,521,998

Up $2,641,452 (+5.4%) from 2019

Net Income

Down

-$3,471,341

Down $8,331,457 (-171%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $25,273,677Liabilities 2010: $20,889,991Net Assets 2010: $4,383,6862010Assets 2011: $20,957,536Liabilities 2011: $14,900,754Net Assets 2011: $6,056,7822011Assets 2012: $18,150,075Liabilities 2012: $7,964,548Net Assets 2012: $10,185,5272012Assets 2013: $27,796,053Liabilities 2013: $25,159,256Net Assets 2013: $2,636,7972013Assets 2014: $22,659,619Liabilities 2014: $19,568,910Net Assets 2014: $3,090,7092014Assets 2015: $22,588,743Liabilities 2015: $19,906,155Net Assets 2015: $2,682,5882015Assets 2016: $24,266,358Liabilities 2016: $19,881,074Net Assets 2016: $4,385,2842016Assets 2017: $21,217,221Liabilities 2017: $13,528,502Net Assets 2017: $7,688,7192017Assets 2018: $34,246,347Liabilities 2018: $20,707,815Net Assets 2018: $13,538,5322018Assets 2019: $36,238,783Liabilities 2019: $17,543,713Net Assets 2019: $18,695,0702019Assets 2020: $36,492,507Liabilities 2020: $21,268,778Net Assets 2020: $15,223,7292020Assets 2021: $42,497,453Liabilities 2021: $26,740,365Net Assets 2021: $15,757,0882021Assets 2022: $42,830,224Liabilities 2022: $21,566,525Net Assets 2022: $21,263,6992022Assets 2023: $38,241,286Liabilities 2023: $34,405,282Net Assets 2023: $3,836,0042023Assets 2024: $44,126,161Liabilities 2024: $37,004,292Net Assets 2024: $7,121,8692024

Highlighted filing

2020

Assets$36,492,507
Liabilities$21,268,778
Net Assets$15,223,729

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $39,367,6602010Expenses 2011: $29,279,3912011Expenses 2012: $24,396,5662012Revenue 2013: $33,274,387Expenses 2013: $40,823,117Net Income 2013: -$7,548,7302013Revenue 2014: $39,940,823Expenses 2014: $39,486,911Net Income 2014: $453,9122014Revenue 2015: $38,963,993Expenses 2015: $39,372,114Net Income 2015: -$408,1212015Revenue 2016: $39,033,527Expenses 2016: $37,330,831Net Income 2016: $1,702,6962016Revenue 2017: $38,798,140Expenses 2017: $35,494,705Net Income 2017: $3,303,4352017Revenue 2018: $40,972,236Expenses 2018: $35,122,423Net Income 2018: $5,849,8132018Revenue 2019: $53,740,662Expenses 2019: $48,880,546Net Income 2019: $4,860,1162019Revenue 2020: $48,050,657Expenses 2020: $51,521,998Net Income 2020: -$3,471,3412020Revenue 2021: $49,465,239Expenses 2021: $48,931,880Net Income 2021: $533,3592021Revenue 2022: $45,012,595Expenses 2022: $39,505,984Net Income 2022: $5,506,6112022Revenue 2023: $44,484,022Expenses 2023: $61,911,717Net Income 2023: -$17,427,6952023Revenue 2024: $53,548,337Expenses 2024: $50,262,472Net Income 2024: $3,285,8652024

Highlighted filing

2020

Revenue$48,050,657
Expenses$51,521,998
Net Income-$3,471,341
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$48,050,657
Mission and Program Overview

Mission

Srcco, as a controlled affiliate of the semiconductor research corporation ("src"), funds and operates programs of university-based research centers focused on microelectronic technology that benefits both private industry and u.s. Defense capabilities.

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$31,981,354$29,736,032▼ $2,245,322
Accounts Receivable$4,195,219$6,674,265▲ $2,479,046
Prepaid Expenses and Deferred Charges$62,210$82,210▲ $20,000
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$36,238,783$36,492,507▲ $253,724
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$12,805,062$16,256,118▲ $3,451,056
Deferred Revenue$2,000,000$3,000,000▲ $1,000,000
Other Liabilities$2,643,490$1,939,287▼ $704,203
Accounts Payable and Accrued Expenses$95,161$73,373▼ $21,788
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$17,543,713$21,268,778▲ $3,725,065
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,695,070$15,223,729▼ $3,471,341
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$18,695,070$15,223,729▼ $3,471,341
Total Liabilities and Net Assets / Fund Balance$36,238,783$36,492,507▲ $253,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Kenneth HansenPresident and CEOPT$96,294$279,810$376,104
Todd YounkinpRESIDENT AND CEOPT$197,492$15,422$212,914
An ChenProgram DirectorFT$155,513$24,487$155,513
Karen Di SpignaChief Accounting OfficerPT$64,538$51,016$115,554

Highest Paid Contractors

ContractorServicesLocationCompensation
IbmLoaned Employee1 NEW ORCHARD ROAD, Armonk, NY 10504$180,000
IntelLoaned Employee2501 NW 229TH AVENUE, Hillsboro, OH 97124$114,000
Revenue and Support

Revenue Composition

Contributions and Grants
$47,923,580
Program Service Revenue
$0
Investment Income
$127,014
Other Revenue
$63
All Other Contributions
$0
Change in Net Assets
$-3,471,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$48,747,064
Salaries, Compensation, and Employee Benefits$1,996,390
Other Expenses$778,544
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$48,747,064
Current Officers, Directors, Trustees, and Key Employees---$860,085
Other Salaries and Wages---$709,523
Fees for Services Legal---$465,294
Pension Plan Contributions---$240,921
Other Employee Benefits---$111,964
Occupancy---$95,194
Fees for Services Other---$88,185
Payroll Taxes---$73,897
Information Technology---$50,800
Fees for Services Accounting---$32,985
Other Expenses---$16,839
Insurance---$13,334
Depreciation Depletion---$10,647
Travel---$2,514
Office Expenses---$1,708
Conferences and Meetings---$1,044
Total Functional Expenses$0$0$0$51,521,998
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Purdue UniversityWest Lafayette, IN501(c)(3)university research in the semiconductor/technology industry$8,730,316
University of Notre DameNotre Dame, IN501(c)(3)university research in the semiconductor/technology industry$8,379,485
The Regents of the University of CaliforniaSanta Barbara, CA501(c)(3)university research in the semiconductor/technology industry$7,360,663
Carnegie Mellon UniversityPittsburgh, PA501(c)(3)university research in the semiconductor/technology industry$6,817,501
The Rectors & Visitors of the Univ of VACharlottesville, VA501(c)(3)university research in the semiconductor/technology industry$6,208,700
The Regents of the University of MichiganAnn Arbor, MI501(c)(3)university research in the semiconductor/technology industry$6,090,162
Stanford UniversitySan Francisco, CA501(c)(3)university research in the semiconductor/technology industry$2,000,000
University of MinnesotaMinneapolis, MN501(c)(3)university research in the semiconductor/technology industry$1,839,535
The Board of Regents University of NebraskaLincoln, NE501(c)(3)university research in the semiconductor/technology industry$446,442
Cornell UniversityIthaca, NY501(c)(3)university research in the semiconductor/technology industry$263,895
Arizona Board of Regentsarizona State UnivTempe, AZ501(c)(3)university research in the semiconductor/technology industry$108,575
The George Washington UniversityWashington, DC501(c)(3)university research in the semiconductor/technology industry$65,757
The Trustees of Princeton UniversityPrinceton, NJ501(c)(3)university research in the semiconductor/technology industry$62,631
Arizona State UniversityTempe, AZ501(c)(3)university research in the semiconductor/technology industry$47,083
Georgia Tech Research CorporationAtlanta, GA501(c)(3)university research in the semiconductor/technology industry$45,670
The University of Central FL Board of TrusteeOrlando, FL501(c)(3)university research in the semiconductor/technology industry$38,851
Massachusetts Institute of TechnologyCambridge, MA501(c)(3)university research in the semiconductor/technology industry$35,955
The Trustees of Columbia UniversityNew York, NY501(c)(3)university research in the semiconductor/technology industry$32,999
Georgia Tech FoundationAtlanta, GA501(c)(3)Funding research students$30,000
The Rectors & Visitors of the Univ of VACharlottesville, VA501(c)(3)Funding research students$30,000
The Regents of the University of CaliforniaBerkeley, CA501(c)(3)Funding research students$30,000
The Unviersity of Texas at AustinAustin, TX501(c)(3)Funding research students$30,000
University of MassachusettsAmherstAmherst, MA501(c)(3)university research in the semiconductor/technology industry$28,344
The Board of Trustees of Leland Stanford Jnr UnivPalo Alto, CA501(c)(3)university research in the semiconductor/technology industry$17,070
The Ohio State UniversityColumbus, OH501(c)(3)university research in the semiconductor/technology industry$7,432
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Substantial ContributorSubstantial ContributorPayment for Loaned EmployeesNo$180,000
Substantial ContributorSubstantial ContributorPayment for Loaned EmployeesNo$114,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$1,939,287
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINES 6, 7A & 7B:

Semiconductor research corporation (src) is the sole member of the organization. Src elects the organization's governing body. As required by california law, src would also need to approve certain major transactions, such as dissolution or incurrence of debt.

FORM 990, PART VI, SECTION B, LINE 11B:

The form 990 is prepared by bdo usa llp, based on information provided by the organization's staff. Prior to filing, the form 990 is reviewed by the chief accounting officer and is provided through e-mail to the voting members of the governing body for their review. Once the form 990 is approved by the governing body, bdo signs as preparer, and the chairman signs on behalf of the organization.

FORM 990, PART VI, SECTION B, LINES 15A & 15B:

Srcco relies on its parent, semiconductor research corporation, to determine compensation for srcco's directors and officers. Semiconductor research corporation used a compensation survey or study, and approval by the board or compensation committee.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its consolidated financial statements, governing documents, and the conflict of interest policy available upon request. Form 990, part vii: january - august 15th, 2020, todd younkin was employed by intel, a substantial contributor, but operated under the direction and control of srcco f.k.a. Microelectronics advanced research corporation and through srcco, src. Srcco paid intel for todd younkin's services as executive director of jump. During 2020, an chen was employed by ibm, a substantial contributor, but operated under the direction and control of srcco f.k.a. Microelectronics advanced research corporation and through srcco, src. Srcco paid ibm for an chen's services as executive director of ncore.

Filing and Contact Details

Filer

Filer Name
Srcco
EIN
56-2038762
In Care Of
% KAREN DI SPIGNA
Phone
9199419400
Address
4819 EMPEROR BOULEVARD Suite 300, DURHAM, NC 27703
Doing Business As
Marco

Signing Officer

Name
Todd Younkin
Title
President & CEO
Phone
9199149400
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Younkin
Formed
1997
Legal Domicile
De
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
1100 Peachtree Street Suite 700, ATLANTA, GA 30309-4516
Preparer
Sandra L Feinsmith
Phone
4046886841
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization is included in the consolidated audited financial statements of its parent, semiconductor research corporation (src). The src board of directors assumes responsibility for oversight of the consolidated financial statement audit and the selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

Srcco had no unrecognized tax benefits or liabilities at december 31, 2020. Fin 48 (asc 740-10) financial statement footnote from semiconductor research corporation (src), of which srcco is a controlled affiliate, is as follows: no unrecognized tax benefits existed as of december 31, 2020 and 2019. Src did not have any additions to its unrecognized tax benefit resulting from uncertain tax positions related to either the current or prior years, and had no reductions resulting due to settlements. The corporation does not expect any change in unrecognized tax benefits within the next fiscal year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGEMENT AND GENERAL COSTS TO MANAGE THE ABOVE RESEARCH CONTRACTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE MISSION OF JUMP IS TO LOOK BEYOND TODAY'S TECHNOLOGY HORIZON AND LAY THE SCIENTIFIC GROUNDWORK THAT EXTENDS THE VIABILITY OF MOORE'S LAW ECONOMICS THROUGH 2040. THIS PROGRAM MUST CREATE NEW GENERAL PURPOSE ARCHITECTURES AND SYSTEM DESIGNS THAT RELAX DEVICE CONSTRAINTS AND PROVIDE OPPORTUNITIES FOR NEW DEVICE TYPES AND NOVEL, HETEROGENEOUS INTEGRATION SOLUTIONS. IT MUST INVENT NEW DEVICES AND DESIGNS THAT ARE CAPABLE OF THE PERFORMANCE ACHIEVABLE TODAY AT A POWER CONSUMPTION THAT IS 1-3 ORDERS OF MAGNITUDE LOWER. FINALLY, IT MUST TRAIN TOMORROW'S WORKFORCE TO DELIVER SMART, AUTONOMOUS, SAFE, CONNECTED, EFFICIENT, AND AFFORDABLE ELECTRONICS THAT MEET OUR SENSING, ACTUATION, COMMUNICATION, COMPUTING, AND STORAGE NEEDS FOR 2025 AND BEYOND. IN ADDITION TO PROVIDING ENABLING TECHNOLOGIES, THE RESEARCH SCOPE FOR EACH CENTER REPRESENTS A CRITICAL COMPONENT IN THE DEVELOPMENT OF SYSTEMS FOR BOTH THE SEMICONDUCTOR AND DEFENSE INDUSTRIES AND THE DEPARTMENT OF DEFENSE.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SRCCO HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AT DECEMBER 31, 2020. FIN 48 (ASC 740-10) FINANCIAL STATEMENT FOOTNOTE FROM SEMICONDUCTOR RESEARCH CORPORATION (SRC), OF WHICH SRCCO IS A CONTROLLED AFFILIATE, IS AS FOLLOWS: NO UNRECOGNIZED TAX BENEFITS EXISTED AS OF DECEMBER 31, 2020 AND 2019. SRC DID NOT HAVE ANY ADDITIONS TO ITS UNRECOGNIZED TAX BENEFIT RESULTING FROM UNCERTAIN TAX POSITIONS RELATED TO EITHER THE CURRENT OR PRIOR YEARS, AND HAD NO REDUCTIONS RESULTING DUE TO SETTLEMENTS. THE CORPORATION DOES NOT EXPECT ANY CHANGE IN UNRECOGNIZED TAX BENEFITS WITHIN THE NEXT FISCAL YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10university research in the semiconductor/technology industry
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18Funding research students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19Funding research students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22university research in the semiconductor/technology industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23university research in the semiconductor/technology industry
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Purdue University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1University of Notre Dame
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2The Regents of the University of California
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Carnegie Mellon University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4The Rectors & Visitors of the Univ of VA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5The Regents of the University of Michigan
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Stanford University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7University of Minnesota
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8The Board of Regents University of Nebraska
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Cornell University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Arizona State University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11The George Washington University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12The Trustees of Princeton University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13Georgia Tech Research Corporation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14The University of Central FL Board of Trustee
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15Massachusetts Institute of Technology
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16The Trustees of Columbia University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17Georgia Tech Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18The Regents of the University of California
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19The Unviersity of Texas at Austin
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20University of MassachusettsAmherst
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt21The Board of Trustees of Leland Stanford Jnr Univ
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt22The Ohio State University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt23ARIZONA BOARD OF REGENTSARIZONA STATE UNIV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt24The Rectors & Visitors of the Univ of VA
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.1$37.0$7.12$53.5$50.3$3.29
2023Detailed filing. Detailed filing data is available for this year.$38.2$34.4$3.84$44.5$61.9$17.4
2022Detailed filing. Detailed filing data is available for this year.$42.8$21.6$21.3$45.0$39.5$5.51
2021Detailed filing. Detailed filing data is available for this year.$42.5$26.7$15.8$49.5$48.9$0.53
2020Detailed filing. Detailed filing data is available for this year.$36.5$21.3$15.2$48.1$51.5$3.47
2019Detailed filing. Detailed filing data is available for this year.$36.2$17.5$18.7$53.7$48.9$4.86
2018Detailed filing. Detailed filing data is available for this year.$34.2$20.7$13.5$41.0$35.1$5.85
2017Detailed filing. Detailed filing data is available for this year.$21.2$13.5$7.69$38.8$35.5$3.30
2016Detailed filing. Detailed filing data is available for this year.$24.3$19.9$4.39$39.0$37.3$1.70
2015Detailed filing. Detailed filing data is available for this year.$22.6$19.9$2.68$39.0$39.4$0.41
2014Detailed filing. Detailed filing data is available for this year.$22.7$19.6$3.09$39.9$39.5$0.45
2013Detailed filing. Detailed filing data is available for this year.$27.8$25.2$2.64$33.3$40.8$7.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$7.96$10.2$24.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$14.9$6.06$29.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.3$20.9$4.38$39.4