TY 2015 Form 990 Schedule O

efile Public Visual Render ObjectId: 201701329349303035 - Submission: 2017-05-12 TIN: 48-1172394

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.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH
PROPERTIES INC

Employer identification number

48-1172394

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	RICHARD BAROHN, MARJORIE BOTT, MICHAEL KEEBLE, STEFFANI WEBB, JAMIE CALDWELL, KIMBERLY BARKSDALE AND TIMOTHY SISKEY HAVE BUSINESS RELATIONSHIPS.
FORM 990, PART VI, SECTION A, LINE 4	REVAMPED BOARD COMPOSITION OF EX OFFICIO DIRECTORS TO INCLUDE: KU CHIEF BUSINESS AND FINANCIAL PLANNING OFFICER, VICE CHANCELLOR FOR RESEARCH, KUMC, VICE CHANCELLOR OF FINANCE AND CFO, KUMC, VICE CHANCELLOR OF ADMINISTRATION, KUMC AND ASSOCIATE VICE CHANCELLOR OF FINANCE, KUMC. IN ADDITION, THE NUMBER OF GENERAL DIRECTORS HAS BEEN REDUCED TO ONE FROM THREE. LASTLY, THE RESEARCH PROPERTIES EXECUTIVE COMMITTEE NOW INCLUDES THE FOLLOWING MEMBERS: CHAIRMAN OF THE RESEARCH PROPERTIES BOARD, VICE CHANCELLOR FOR RESEARCH, KUMC, VICE CHANCELLOR OF FINANCE & CFO, KUMC, ASSOCIATE VICE CHANCELLOR FOR FINANCE, KUMC, UP TO TWO FACULTY MEMBERS SERVING OF THE RESEARCH PROPERTIES BOARD AND THE CHAIR OF ANY RESEARCH PROPERTIES STANDING COMMITTEES.
FORM 990, PART VI, SECTION A, LINE 7A	THE BOARD OF DIRECTORS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE, INC. ELECTS THE BOARD OF DIRECTORS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH PROPERTIES, INC.
FORM 990, PART VI, SECTION B, LINE 11B	AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN PROVIDED TO THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE'S FINANCE COMMITTEE FOR THEIR REVIEW PRIOR TO FILING THE 990. ANY QUESTIONS OR CONCERNS THE FINANCE COMMITTEE MAY HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO FILING THE 990 WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	DISCLOSURE IS MADE ANNUALLY AT THE FIRST BOARD MEETING OF THE YEAR. THE BOARD SECRETARY REVIEWS DISCLOSURES FOR POTENTIAL CONFLICTS. THE SECRETARY WOULD DISCUSS ANY POTENTIAL CONFLICTS WITH THE EXECUTIVE DIRECTOR AND BOARD CHAIR.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 2

RICHARD BAROHN, MARJORIE BOTT, MICHAEL KEEBLE, STEFFANI WEBB, JAMIE CALDWELL, KIMBERLY BARKSDALE AND TIMOTHY SISKEY HAVE BUSINESS RELATIONSHIPS.

FORM 990, PART VI, SECTION A, LINE 4

REVAMPED BOARD COMPOSITION OF EX OFFICIO DIRECTORS TO INCLUDE: KU CHIEF BUSINESS AND FINANCIAL PLANNING OFFICER, VICE CHANCELLOR FOR RESEARCH, KUMC, VICE CHANCELLOR OF FINANCE AND CFO, KUMC, VICE CHANCELLOR OF ADMINISTRATION, KUMC AND ASSOCIATE VICE CHANCELLOR OF FINANCE, KUMC. IN ADDITION, THE NUMBER OF GENERAL DIRECTORS HAS BEEN REDUCED TO ONE FROM THREE. LASTLY, THE RESEARCH PROPERTIES EXECUTIVE COMMITTEE NOW INCLUDES THE FOLLOWING MEMBERS: CHAIRMAN OF THE RESEARCH PROPERTIES BOARD, VICE CHANCELLOR FOR RESEARCH, KUMC, VICE CHANCELLOR OF FINANCE & CFO, KUMC, ASSOCIATE VICE CHANCELLOR FOR FINANCE, KUMC, UP TO TWO FACULTY MEMBERS SERVING OF THE RESEARCH PROPERTIES BOARD AND THE CHAIR OF ANY RESEARCH PROPERTIES STANDING COMMITTEES.

FORM 990, PART VI, SECTION A, LINE 7A

THE BOARD OF DIRECTORS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE, INC. ELECTS THE BOARD OF DIRECTORS OF THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH PROPERTIES, INC.

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

AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN PROVIDED TO THE UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE'S FINANCE COMMITTEE FOR THEIR REVIEW PRIOR TO FILING THE 990. ANY QUESTIONS OR CONCERNS THE FINANCE COMMITTEE MAY HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE PRIOR TO FILING THE 990 WITH THE IRS.

FORM 990, PART VI, SECTION B, LINE 12C

DISCLOSURE IS MADE ANNUALLY AT THE FIRST BOARD MEETING OF THE YEAR. THE BOARD SECRETARY REVIEWS DISCLOSURES FOR POTENTIAL CONFLICTS. THE SECRETARY WOULD DISCUSS ANY POTENTIAL CONFLICTS WITH THE EXECUTIVE DIRECTOR AND BOARD CHAIR.

FORM 990, PART VI, SECTION C, LINE 19

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

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