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EIN 54-1854399

Virginia Commonwealth University Intellectual Property Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
City
Richmond
State
Virginia
Year formed
1994
Most recent tax filings
2022-06-01
NTEE code, primary
U11: Science and Technology Single Organization Support
Description
The Foundation determines the patentability and obtains patents on Virginia Commonwealth University (vcu) inventions and markets and licenses such inventions to commercial entities.
Total revenues
$3,452,341
2022
Total expenses
$3,503,592
2022
Total assets
$4,582,975
2022
Num. employees
9
2022

Program areas at Virginia Commonwealth University Intellectual Property Foundation

To protect and commercialize vcu technologies through patenting and licensing. During the fiscal year ended june 30, 2022, the Virginia Commonwealth University Intellectual Property Foundation had - 122 invention disclosures by vcu inventors - 144 patent applications filed - 18 patents issued - 27 licenses - 117 targeted industry engagements - 10 startups.

Personnel at Virginia Commonwealth University Intellectual Property Foundation

NameTitleCompensation
Ivelina MetchevaPresident$0
L Frankin BostSecretary$0
Jerome F StraussSecretary / Director$0

Financials for Virginia Commonwealth University Intellectual Property Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$368,668
Program services$3,038,457
Investment income and dividends$13,166
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$21,267
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$10,783
Total revenues$3,452,341

Form 990s for Virginia Commonwealth University Intellectual Property Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-02-24990View PDF
2019-062020-02-10990View PDF
2018-062019-03-15990View PDF
2017-062018-01-19990View PDF
2016-062017-01-20990View PDF
...and 6 more Form 990s

Organizations like Virginia Commonwealth University Intellectual Property Foundation

OrganizationLocationRevenue
Poway Unified School District FoundationPoway, CA$1,443,125
Georgia Southern University FoundationStatesboro, GA$13,421,593
The Lakeland FoundationKirtland, OH$1,600,890
Isaac Newton FoundationPhiladelphia, PA$8,826,357
Nebraska Medical FoundationLincoln, NE$1,306,717
The Charles E Kaufman FoundationPittsburgh, PA$4,179,533
Orthopedics Capital FoundationWarsaw, IN$1,764,272
Pennsylvania College of Technology FoundationWilliamsport, PA$3,698,473
Montclair State University FoundationMontclair, NJ$13,845,649
San Juan Medical FoundationFarmington, NM$906,853
Data update history
June 2, 2022
Used new vendors
Identified 1 new vendor, including
September 23, 2021
Received grants
Identified 1 new grant, including a grant for $30,000 from The Ford Foundation
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
May 1, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 6, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technology
Characteristics
Funds one specific organizationConducts researchState / local levelTax deductible donations
General information
Address
800 E Leigh St 3000
Richmond, VA 23219
Metro area
Richmond, VA
Website URL
research.vcu.edu/ 
Phone
(804) 828-5188
IRS details
EIN
54-1854399
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U11: Science and Technology Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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