EIN 54-1323858

Virginia Tech Intellectual Properties

Name: Virginia Tech Intellectual Properties financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Blacksburg

State

Virginia

Year formed

1985

Most recent tax filings

2023-06-01

NTEE code, primary

B11: Education Single Organization Support

Description

Virginia Tech Intellectual Properties promotes, encourages, and markets scientific research solely for the benefit of Virginia Polytechnic Institute and State University. The organization manages and markets all intellectual properties developed by faculty, staff, or students of the university. These include products and processes that may be protected by patents, trademarks, copyrights, or trade secrets. Virginia Tech Intellectual Properties is located in Blacksburg, VA.

Also known as...

VTIP Inc

Total revenues

$3,898,747

2023

Total expenses

$3,436,633

2023

Total assets

$3,574,255

2023

Num. employees

2023

Program areas at Virginia Tech Intellectual Properties

The company managed and marketed all Intellectual Properties (i.e. Products and processes which may be protected by either a patent, trademark, copyright, or trade secret) developed by faculty, staff, or students of Virginia polytechnic institute and state university (Virginia Tech).

Personnel at Virginia Tech Intellectual Properties

Name	Title	Date of data
Andrea Koslow	Principal Partnerships Officer	2022-02-10
Brad Fravel	Executive Director, Link	2022-02-10
Tracy Krauchun	Director of Foundation Relations	2022-02-10
Mark Mondry	Director, Launch	2022-02-10
Sarah Hayes, Portfolio	Director, Commonwealth	2022-02-10
...and 7 more key personnel

Financials for Virginia Tech Intellectual Properties

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$732,624	$866,306	-15.4%
Program services	$3,138,081	$2,485,609	26.2%
Investment income and dividends	$28,042	$18,729	49.7%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$3,898,747	$3,370,644	15.7%

Form 990s for Virginia Tech Intellectual Properties

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-14	990	View PDF
2022-06	2023-05-08	990	View PDF
2021-06	2022-05-02	990	View PDF
2020-06	2021-04-15	990	View PDF
2019-06	2020-10-13	990	View PDF
...and 9 more Form 990s

Organizations like Virginia Tech Intellectual Properties

Organization	Type	Location	Revenue
University of Arkansas Technology Development Foundation	501(c)(3)	Fayetteville, AR	$2,295,034
Mississippi State University Research and Technology Corporation	501(c)(3)	Mississippi State, MS	$5,292,653
Van Andel Education Institute (VAI)	501(c)(3)	Grand Rapids, MI	$4,823,357
Gamecock Club of The University of South Carolina	501(c)(3)	Columbia, SC	$14,574,387
Ndsu Research Foundation	501(c)(3)	Fargo, ND	$1,454,971
Manhattan Beach Education Foundation (MBEF)	501(c)(3)	Manhattan Beach, CA	$8,464,710
Gateway Technical College Foundation	501(c)(3)	Kenosha, WI	$1,603,732
University of Southern Mississippi Athletic Foundation	501(c)(3)	Hattiesburg, MS	$8,887,226
Douglas County Educational Foundation	501(c)(3)	Castle Rock, CO	$5,158,129
Piedmont Virginia Community College Educational Foundation	501(c)(3)	Charlottesville, VA	$1,718,145

Data update history

August 9, 2024

Posted financials

Added Form 990 for fiscal year 2023

July 11, 2024

Used new vendors

Identified 2 new vendors, including , and

July 6, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 30, 2023

Updated personnel

Identified 1 new personnel

June 26, 2023

Used new vendors

Identified 1 new vendor, including

Nonprofit Types

School foundationsGrantmaking organizationsResearch centersHeadquarter / parent organizationsCharities

Issues

Science and technologyEducation

Characteristics

Funds one specific organizationConducts researchState / local levelTax deductible donationsAccepts online donations

General information

Address: 1311 Research Dr 2057; Blacksburg, VA 24061
Metro area: Blacksburg-Christiansburg, VA
County: Montgomery County, VA
Website URL: vt.edu/link/license.html
Phone: (540) 951-9694

IRS details

EIN: 54-1323858
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1985
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B11: Education Single Organization Support
NAICS code, primary: 5417: Scientific Research and Development Services
Parent/child status: Central organization

Blog articles

Free account sign-up

Want updates when Virginia Tech Intellectual Properties has new information, or want to find more organizations like Virginia Tech Intellectual Properties?

Create free Cause IQ account

Virginia Tech Intellectual Properties

Program areas at Virginia Tech Intellectual Properties

Personnel at Virginia Tech Intellectual Properties

Financials for Virginia Tech Intellectual Properties

Form 990s for Virginia Tech Intellectual Properties

Organizations like Virginia Tech Intellectual Properties

Nonprofits

Product

Customers

About