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← UNMC SCIENCE RESEARCH FUND

Form 990 for tax year 2024

Filed by UNMC SCIENCE RESEARCH FUND.

Totals

Total revenue
$64,068,869
Total expenses
$60,612,132
Contributions and grants received
$52,077,444
Grants paid
$59,858,016
Program service revenue
$0
Investment income
$11,991,425
Other revenue
$0
Total assets, end of year
$207,410,144
Total liabilities, end of year
$4,919,074
Net assets or fund balances, end of year
$202,491,070
Program services expenses (Part IX)
$60,385,893
Management and general expenses
$226,239
Fundraising expenses
$0
Program service expenses (Part III)
$60,385,893

Program services were 99.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $52,077,444

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $7,198,060 · unrelated business $536,132 · excluded $6,661,928

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $4,793,365

  • 7c · Gain or loss

    securities $4,793,365 · other assets $0

  • 7d · Net gain or loss

    total $4,793,365 · excluded $4,793,365

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $59,858,016 · program services $59,858,016

  • 11c · Fees: accounting

    total $142,130 · program services $68,751 · management and general $73,379

  • 11f · Fees: investment management

    total $413,239 · program services $260,379 · management and general $152,860

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Tax Expenses

    total $198,747 · program services $198,747

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,290,932 · end of year $3,590,742

  • 2 · Savings and temporary cash investments

    beginning of year $14,648,885 · end of year $10,856,324

  • 4 · Accounts receivable

    beginning of year $487,529 · end of year $4,677,344

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $3,363,207 · end of year $2,791,926

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $167,197,796 · end of year $180,871,354

  • 12 · Investments: other securities

    beginning of year $5,226,283 · end of year $4,622,454

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $119,253 · end of year $52,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,421,183 · end of year $4,867,074

  • 27 · Net assets without donor restrictions

    beginning of year $120,308,277 · end of year $126,546,881

  • 28 · Net assets with donor restrictions

    beginning of year $79,365,919 · end of year $75,944,189

Mission and programs · 2024

Mission

The UNMC Science Research Fund (SRF) is a Nebraska Non-Profit corporation without members. It promotes, encourages, and assists research and scholarly activities by the departments, faculty, staff, and students of UNMC. It also provides guidance and assistance to the community of UNMC to develop new discoveries, inventions, and other intellectual property and to promote the transfer and commercialization of such intellectual property which are beneficial to and compatible with the role and mission of UNMC.

Activities or mission (Part I)

The UNMC Science Research Fund (SRF) promotes, encourages, and assists research and scholarly activities by the departments, faculty, staff, and students of UNMC.

  • The UNMC Science Research Fund (SRF) promotes, encourages, and assists research and scholarly activities by the departments, faculty, staff, and students of UNMC. It also provides guidance and assistance to the community of UNMC to develop new discoveries, inventions, and other intellectual property and to promote the transfer and commercialization of such intellectual property which are beneficial to and compatible with the role and mission of UNMC.

    Expenses $60,385,893 · Grants $59,858,016

As filed on the 2024 return.

Listed in Part VII

  • David W Mercer MD

    Secretary

    Total calculated
    $445,941
    From this org
    $0
    From related orgs
    $409,704
    Other
    $36,237
    Hours/week
    5 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $409,150 related
    Bonus
    $0
    Other
    $0 + $554 related
    Deferred
    $0 + $26,891 related
    Nontaxable benefits
    $0 + $9,346 related
    Filer's total
    $0 + $445,941 related

  • Debra Romberger MD

    Vice President

    Total calculated
    $72,366
    From this org
    $0
    From related orgs
    $57,309
    Other
    $15,057
    Hours/week
    5 + 55 related

  • Dr Bradley E Britigan

    Chairman

    Total calculated
    $508,372
    From this org
    $0
    From related orgs
    $457,206
    Other
    $51,166
    Hours/week
    5 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $455,476 related
    Bonus
    $0
    Other
    $0 + $1,730 related
    Deferred
    $0 + $26,949 related
    Nontaxable benefits
    $0 + $24,217 related
    Filer's total
    $0 + $508,372 related

  • Dr Carl V Smith

    President

    Total calculated
    $286,573
    From this org
    $0
    From related orgs
    $246,786
    Other
    $39,787
    Hours/week
    5 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,056 related
    Bonus
    $0
    Other
    $0 + $1,730 related
    Deferred
    $0 + $20,047 related
    Nontaxable benefits
    $0 + $19,740 related
    Filer's total
    $0 + $286,573 related

  • Dr Ashley Wysong

    Director (THRU 06/2024)

    Total calculated
    $172,709
    From this org
    $0
    From related orgs
    $151,953
    Other
    $20,756
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,490 related
    Bonus
    $0
    Other
    $0 + $5,463 related
    Deferred
    $0 + $12,224 related
    Nontaxable benefits
    $0 + $8,532 related
    Filer's total
    $0 + $172,709 related

  • Dr Aviva Abosch

    Director

    Total calculated
    $402,201
    From this org
    $0
    From related orgs
    $341,830
    Other
    $60,371
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $340,871 related
    Bonus
    $0
    Other
    $0 + $959 related
    Deferred
    $0 + $26,817 related
    Nontaxable benefits
    $0 + $33,554 related
    Filer's total
    $0 + $402,201 related

  • Dr Charles Enke

    Director

    Total calculated
    $320,108
    From this org
    $0
    From related orgs
    $264,603
    Other
    $55,505
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $258,586 related
    Bonus
    $0
    Other
    $0 + $6,017 related
    Deferred
    $0 + $21,749 related
    Nontaxable benefits
    $0 + $33,756 related
    Filer's total
    $0 + $320,108 related

  • Dr Dwight Jones

    Director

    Total calculated
    $308,381
    From this org
    $0
    From related orgs
    $263,086
    Other
    $45,295
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,728 related
    Bonus
    $0
    Other
    $0 + $1,358 related
    Deferred
    $0 + $21,677 related
    Nontaxable benefits
    $0 + $23,618 related
    Filer's total
    $0 + $308,381 related

  • Dr Howard Y Liu

    Director

    Total calculated
    $185,834
    From this org
    $0
    From related orgs
    $144,773
    Other
    $41,061
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $144,557 related
    Bonus
    $0
    Other
    $0 + $216 related
    Deferred
    $0 + $12,157 related
    Nontaxable benefits
    $0 + $28,904 related
    Filer's total
    $0 + $185,834 related

  • Dr Jeffrey Harrison

    Director

    Total calculated
    $229,794
    From this org
    $0
    From related orgs
    $194,126
    Other
    $35,668
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $193,572 related
    Bonus
    $0
    Other
    $0 + $554 related
    Deferred
    $0 + $15,928 related
    Nontaxable benefits
    $0 + $19,740 related
    Filer's total
    $0 + $229,794 related

  • Dr Jennifer Adams

    Director (BEG 07/2024)

    Total calculated
    $172,559
    From this org
    $0
    From related orgs
    $138,427
    Other
    $34,132
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $138,422 related
    Bonus
    $0
    Other
    $0 + $5 related
    Deferred
    $0 + $11,950 related
    Nontaxable benefits
    $0 + $22,182 related
    Filer's total
    $0 + $172,559 related

  • Dr Joseph Khoury

    Director

    Total calculated
    $355,240
    From this org
    $0
    From related orgs
    $301,930
    Other
    $53,310
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $301,617 related
    Bonus
    $0
    Other
    $0 + $313 related
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $28,536 related
    Filer's total
    $0 + $355,240 related

  • Dr Kari Simonsen

    Director

    Total calculated
    $157,690
    From this org
    $0
    From related orgs
    $119,139
    Other
    $38,551
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $119,013 related
    Bonus
    $0
    Other
    $0 + $126 related
    Deferred
    $0 + $10,099 related
    Nontaxable benefits
    $0 + $28,452 related
    Filer's total
    $0 + $157,690 related

  • Dr Kevin Garvin

    Director

    Total calculated
    $264,540
    From this org
    $0
    From related orgs
    $244,132
    Other
    $20,408
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $243,065 related
    Bonus
    $0
    Other
    $0 + $1,067 related
    Deferred
    $0 + $19,551 related
    Nontaxable benefits
    $0 + $857 related
    Filer's total
    $0 + $264,540 related

  • Dr Matthew DeVries

    Director

    Total calculated
    $235,385
    From this org
    $0
    From related orgs
    $188,263
    Other
    $47,122
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,137 related
    Bonus
    $0
    Other
    $0 + $126 related
    Deferred
    $0 + $15,910 related
    Nontaxable benefits
    $0 + $31,212 related
    Filer's total
    $0 + $235,385 related

  • Dr Matthew Rizzo

    Director

    Total calculated
    $296,067
    From this org
    $0
    From related orgs
    $254,549
    Other
    $41,518
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $252,054 related
    Bonus
    $0
    Other
    $0 + $2,495 related
    Deferred
    $0 + $20,650 related
    Nontaxable benefits
    $0 + $20,868 related
    Filer's total
    $0 + $296,067 related

  • Dr Michael Wadman

    Director

    Total calculated
    $187,954
    From this org
    $0
    From related orgs
    $141,300
    Other
    $46,654
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $140,519 related
    Bonus
    $0
    Other
    $0 + $781 related
    Deferred
    $0 + $12,348 related
    Nontaxable benefits
    $0 + $34,306 related
    Filer's total
    $0 + $187,954 related

  • Dr Mohanad Shukry

    Director

    Total calculated
    $248,701
    From this org
    $0
    From related orgs
    $201,849
    Other
    $46,852
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $201,656 related
    Bonus
    $0
    Other
    $0 + $193 related
    Deferred
    $0 + $16,816 related
    Nontaxable benefits
    $0 + $30,036 related
    Filer's total
    $0 + $248,701 related

  • Dr Ronald Krueger

    Director

    Total calculated
    $273,879
    From this org
    $0
    From related orgs
    $224,338
    Other
    $49,541
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $223,760 related
    Bonus
    $0
    Other
    $0 + $578 related
    Deferred
    $0 + $18,684 related
    Nontaxable benefits
    $0 + $30,857 related
    Filer's total
    $0 + $273,879 related

  • Dr Samuel Bierner

    Director

    Total calculated
    $196,135
    From this org
    $0
    From related orgs
    $152,733
    Other
    $43,402
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,676 related
    Bonus
    $0
    Other
    $0 + $2,057 related
    Deferred
    $0 + $12,816 related
    Nontaxable benefits
    $0 + $30,586 related
    Filer's total
    $0 + $196,135 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
ALL INDIVIDUALS LISTED IN PART II ARE PAID BY THE UNIVERSITY OF NEBRASKA BOARD OF REGENTS. THE UNIVERSITY OF NEBRASKA HAS A THOROUGH REVIEW PROCESS IN DETERMINING COMPENSATION AND BENEFITS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • HD Group LLC

    Unrelated · HEALTHCARE TE · NE · 51% owned

    Directly controlled by UNMC SRF

Provenance

Return type
form_990
Tax year
2024
Filed
10 December 2025
IRS schema version
2024v5.1
Source object
202523449349300037

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