EIN 91-1160492

Washington Research Licensing Foundation (WRF)

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
1992
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Washington Research Foundation supports groundbreaking technology in the life sciences, information technology and physical sciences fields. By advancing brilliant research and early-stage entrepreneurs, we help to grow Washington's technology economy. WRF is recognized as one of the foremost technology transfer organizations in the nation. WRF Capital is one of the leading venture capitalists in the Northwest. Our financial returns are invested back into research and initiatives that support new company spinouts. We help to create a vibrant research and enterprise community.
Also known as...
Washington Research Foundation
Total revenues
$424,170
2022
Total expenses
$3,151,566
2022
Total assets
$3,535,744
2022
Num. employees
n/a

Program areas at WRF

Assist eligible institutions to apply for patents related to discoveries, inventions, and processes resulting from their Research and to manage patent rights.
Promote, encourage, and support scientific investigation and Research at eligible institutions. (related grants: $35,000)
Capital gains from exempt assets and class action recovery of py qds
Royalty and licensings from program related activities

Grants made by WRF

GranteeGrant descriptionAmount
Washington Research FoundationCapital Grant of Assets, See Statement 13 for the Grant Purpose. Privately Held Investments, Fixed Assets, Cash - $2,913,452 Book Value of Contributed Property: $2,913,452 Valuation Method: Fair Market Value Date of Gift: Various$2,913,452
University of Washington Faculty AuxiliaryDr. David Ginger, Retention at Clean Energy Inst$35,000
Washington Research FoundationPortion of Qualifying Distributions Attributable To the Foundation As Part of the Significant Distribution of Assets To Washington Research Licensing Foundation (91-1160492) During the Year, Pursuant To Treas Reg 1.507-3.-$7,038
...and 1 more grant made

Who funds Washington Research Licensing Foundation (WRF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Washington Research FoundationPortion of Qualifying Distributions Attributable To the Foundation As Part of the Significant Distribution of Assets To Washington Research Licensing Foundation (91-1160492) During the Year, Pursuant To Treas Reg 1.507-3.$7,038

Personnel at WRF

NameTitleCompensation
Ronald HowellChief Executive Officer X / President and Chief Executive Officer / Chief Executive Officer and President$338,229
Susan ColitonDirector and Interim Chief Executive Officer$0
Morgan HellarChief Financial Officer$0
Loretta LittleManaging Director X$238,908
William CanestaroManaging Director / Manager , Strategic Investments$238,500
...and 8 more key personnel

Financials for WRF

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Investment income and dividends$18,067
Net rental income$0
Net gain from sale of non-inventory assets$400,222
Gross sales of inventory$0
Miscellaneous revenues$5,881
Total revenues$424,170

Form 990s for WRF

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-10990PFView PDF
2021-062022-05-13990PFView PDF
2020-062021-05-16990PFView PDF
2019-062020-09-11990PRView PDF
2018-062019-06-07990PFView PDF
...and 6 more Form 990s
Data update history
August 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $7,038 from Washington Research Foundation
May 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Health
Characteristics
Provides grantsConducts researchPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
2815 Eastlake Ave E 300
Seattle, WA 98102
Metro area
Seattle-Tacoma-Bellevue, WA
Website URL
wrfseattle.org/ 
Phone
(206) 336-5600
IRS details
EIN
91-1160492
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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