EIN 61-1029626

University of Louisville Research Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1984
Most recent tax filings
2023-06-01
Description
ULRF supports UofL research and clinical services, securing $153M in 2021, with over 1,100 physician faculty actively participating.
Related structure
University of Louisville Research Foundation is a subordinate organization under University of Louisville Hospital.
Also known as...
Univ of Louisville Dept of Medicine; Univ of Louis Research Foundation
Total revenues
$631,925,790
2023
Total expenses
$589,921,931
2023
Total assets
$977,253,553
2023
Num. employees
0
2023

Program areas at University of Louisville Research Foundation

The University of Louisville Research Foundation houses financial activity related to services provided by the UofL Health Sciences Center and over 1,100 physician faculty within the University's School of Medicine. The faculty at the School of Medicine staff 250 clinics over a multi-state region and provided the following services during the fiscal year: - Added 125 new providers and 4 new locations to serve the local community and the Commonwealth; - Treatment provided in over 2 million separate patient visits; - Added more than 95,000 new patients to the UofL Health System; and - Opened a new hospital in Bullitt County, Kentucky (UofL Health - South Hospital). The University has an academic affiliation agreement with UL Health for the purpose of advancing the University's academic, education and research missions, providing quality patient care regardless of ability to pay and assurance that state-of-the-art facilities will be available for providing healthcare to patients. University employees, residents and students provide medical care utilizing UL Health run facilities, in return, UL Health receives revenues for the services provided. UL Health provides support to the University through ULRF by funding for salaries, benefits and insurance coverage, annual academic support and annual departmental/administrative support pursuant to the terms of the master support and services agreement. Additionally, ULRF works with other area hospitals by providing support services, such as residents and other staff.
The University of Louisville Research Foundation provides funding for student scholarships at the University of Louisville. During the fiscal year, the organization provided $63.7 million in funds to 12,850 students attending the University.
The University of Louisville Research Foundation (ULRF) secured more than $175 million to support groundbreaking research in the 2022-2023 fiscal year. The organization received 882 awards for $175.9 million, which included $98 million from the federal government, $38.3 million federal flowthrough, $14 million from industry, $7.7 million from non-profit organizations, and $15.4 million from the Commonwealth of Kentucky. The funding supported both basic and applied research and work to advance understanding and education in health, engineering and more. This includes several new grant announcements, including $13 million from the U.S. Department of Commerce (DOC) to launch a new statewide manufacturing resource center. The center, known as the Kentucky Manufacturing Extension Partnership (KY-MEP), leverages university expertise and capacity to provide research, business development, access to talent, etc., to help manufacturers boost productivity, retain and create jobs and compete in new markets here and abroad. The past fiscal year also saw $10 million in fresh state investment in the Research Challenge Trust Fund, also known as Bucks-for-Brains. The program supports research at Kentucky universities by matching state dollars with private donations, effectively doubling the total funding, and will back the creation of additional endowed faculty positions aimed at cutting-edge research. Not only does ULRF excel at groundbreaking research, but at the translation of that research into marketable technologies with real-world impact. ULRF supports the University of Louisville, the only university in the country to be awarded a prestigious suite of commercialization grants, dubbed the 'superfecta': the Coulter Translational Partnership, NSF I Corps, the NIH Reach Hub and NSF AWARE:ACCESS. These programs help get our innovative technologies to market, improving the way we work and live. In the past fiscal year, ULRF became a partner in the NSF Mid-South Innovation Corps (I-Corps) Hub, one of only 10 across the U.S. and part of the operational backbone of the NSF's National Innovation Network, which helps translate academic research for the marketplace. The Hubs are charged with providing experiential entrepreneurship training to researchers across all fields of science and engineering while working to build diverse and inclusive regional innovation ecosystems. UofL also expanded its NIH REACH impact with a bid, along with partners, to launch a Mid-South Research Evaluation and Commercialization Hub (REACH) officially awarded in early FY2024. The REACH Hub, backed by a four-year, $12 million grant from the National Institutes of Health, spans a four-state network of Kentucky, Mississippi, Tennessee and Virginia. Other awards during the fiscal year include: - University of Louisville Robotics and Additive Manufacturing Pathways to SUCCESS (RAMPS) Program - ED - Health Equity Innovation Engine - KY Cabinet for Health and Family Svs/DHHS - Functional Microbiomics, Inflammation and Pathogenicity - NIH - Supporting Transition of Afghans into Resettlement (STAR) - ACF - CyberCorps Scholarship for Service: Cybersecurity Talent Development in Kentucky - NSF - University of Louisville Kentucky Manufacturing Extension Partnership (KMEP) - NIST - m6A epitranscriptome drivers of endocrine-resistant breast cancer - ARMY - Microbial Dysbiosis and Bacterial Amyloids in Alzheimer's Disease - DOD - Meningococcal Carriage and Transmission Dynamics In College Students in Louisville Kentucky - When the Host is the Ecosystem: Linking Presence of a Keystone Fungal Symbiont to Mycobiome Structure and Function in a Changing World - NSF
The University of Louisville Research Foundation provides multiple opportunities for conferences, training, and continuing education activities for medical and other professionals established in their fields.

Grants made by University of Louisville Research Foundation

GranteeGrant descriptionAmount
Clinical Research FoundationResearch Support$50,000

Who funds University of Louisville Research Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Heart Association (AHA)Research$1,115,106
Pediatric Endowment FundSupport Pediatric Care and Research Programs$881,609
American Cancer Society (ACS)Extramural Research Grant$823,200
...and 39 more grants received totalling $6,624,858

Personnel at University of Louisville Research Foundation

NameTitleCompensation
Daniel A DurbinVice President$0
Beth BoehmFormer Vice President$0
Thomas Gerard BradleyVice President$0
Kyle J BeamerAssistant Secretary$0
James M RogersChair$0
...and 16 more key personnel

Financials for University of Louisville Research Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$219,755,075
Program services$404,904,586
Investment income and dividends$21,079
Tax-exempt bond proceeds$0
Royalty revenue$1,019,401
Net rental income$242,586
Net gain from sale of non-inventory assets$-74,990
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-358,887
Miscellaneous revenues$6,416,940
Total revenues$631,925,790

Form 990s for University of Louisville Research Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-05-26990View PDF
2019-062021-01-28990View PDF
...and 11 more Form 990s
Data update history
July 13, 2024
Received grants
Identified 31 new grant, including a grant for $1,115,106 from American Heart Association (AHA)
July 10, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 25, 2023
Received grants
Identified 35 new grant, including a grant for $800,000 from Pediatric Endowment Fund
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsResearch centersChapter / child organizationsCharities
Issues
Science and technologyEducationPublic policy
Characteristics
Political advocacyConducts researchLobbyingState / local levelReceives government fundingProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2215 S Brook St
Louisville, KY 40208
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Website URL
louisville.edu/president/boards/research 
Phone
(502) 852-6164
IRS details
EIN
61-1029626
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B05: Education Research Institutes and Public Policy Analysis
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Subordinate organization
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