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Employer Identification Number 54-1045487

UNIVERSITY OF VIRGINIA PATENT FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:UNIVERSITY OF VIRGINIA PATENT FOUNDATION
Employer identification number (EIN):54-1045487
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services
401k Pension/Benefits registration UNIVERSITY OF VIRGINIA PATENT FOUNDATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE PRINCIPAL ACTIVITY OF THE FOUNDATION IS TO SUPPORT THE UNIVERSITY'S MISSION TO "ADVANCE KNOWLEDGE AND SERVE THE COMMONWEALTH OF VIRGINIA, THE NATION, AND THE WORLD THROUGH... INNOVATION" VIA COMMERCIALIZATION OF UNIVERSITY RESEARCH AND INTELLECTUAL PROPERTY. THIS ACTIVITY INCLUDES SUPPORTING THE UNIVERSITY'S INDUSTRY AND TRANSLATIONAL RESEARCH INITIATIVES; PERFORMING DUE-DILIGENCE ON SOLICITED AND DISCLOSED INTELLECTUAL PROPERTY; PREPARING AND FILING PATENT APPLICATIONS, COPYRIGHTS, AND TRADEMARKS; ENGAGING IN BUSINESS DEVELOPMENT; NEGOTIATING AND EXECUTING LICENSE AGREEMENTS; SUPPORTING NEW VENTURE CREATION; INVESTING IN UVA PORTFOLIO COMPANIES; MONITORING COMPLIANCE; AND DISTRIBUTING INCOME.
Number of Employees27
Number of Volunteers6
Year Formed1978

Organization Governance

Legal DomicileVA
Voting Members - Governing Body12
Voting Members - Independent6

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 9,577,863
Program Service Revenue from current yearUSD $ 9,549,452
Investment Income from prior yearUSD $ 2,778
Investment Income from current yearUSD $ 19,471
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 9,568,923
Net assets / fund balances at end of fiscal yearUSD $ 1,505,256
Net assets / fund balances at beginning of fiscal yearUSD $ 1,500,303
Total liabilities at end of fiscal yearUSD $ 18,415,207
Total liabilities at beginning of fiscal yearUSD $ 19,613,912
Total assets at end of fiscal yearUSD $ 19,920,463
Total assets at beginning of fiscal yearUSD $ 21,114,215
Revenues less expenses for current yearUSD $ 4,953
Revenues less expenses for previous yearUSD $ 40,368
Total expenses for current yearUSD $ 9,563,970
Total expenses for previous yearUSD $ 9,540,273
Other expenses in current yearUSD $ 5,036,756
Other expenses in previous yearUSD $ 5,836,837
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,586,180
Employee salary and benefits paid in previous yearUSD $ 1,933,414
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,941,034
Grants and similar amounts paid in previous yearUSD $ 1,770,022
Total revenue in current fiscal yearUSD $ 9,568,923
Total revenue in previous fiscal yearUSD $ 9,580,641
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 17,079,748
Program Service Revenue from current yearUSD $ 9,577,863
Investment Income from prior yearUSD $ 492
Investment Income from current yearUSD $ 2,778
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 9,580,641
Net assets / fund balances at end of fiscal yearUSD $ 1,500,303
Net assets / fund balances at beginning of fiscal yearUSD $ 1,459,935
Total liabilities at end of fiscal yearUSD $ 19,613,912
Total liabilities at beginning of fiscal yearUSD $ 15,864,462
Total assets at end of fiscal yearUSD $ 21,114,215
Total assets at beginning of fiscal yearUSD $ 17,324,397
Revenues less expenses for current yearUSD $ 40,368
Revenues less expenses for previous yearUSD $ 24,008
Total expenses for current yearUSD $ 9,540,273
Total expenses for previous yearUSD $ 17,056,232
Other expenses in current yearUSD $ 5,836,837
Other expenses in previous yearUSD $ 11,539,719
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,933,414
Employee salary and benefits paid in previous yearUSD $ 2,605,465
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,770,022
Grants and similar amounts paid in previous yearUSD $ 2,911,048
Total revenue in current fiscal yearUSD $ 9,580,641
Total revenue in previous fiscal yearUSD $ 17,080,240
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 5,945,201
Program Service Revenue from current yearUSD $ 17,079,748
Investment Income from prior yearUSD $ 22,038
Investment Income from current yearUSD $ 492
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 17,080,240
Net assets / fund balances at end of fiscal yearUSD $ 1,459,935
Net assets / fund balances at beginning of fiscal yearUSD $ 1,435,927
Total liabilities at end of fiscal yearUSD $ 15,864,462
Total liabilities at beginning of fiscal yearUSD $ 14,959,305
Total assets at end of fiscal yearUSD $ 17,324,397
Total assets at beginning of fiscal yearUSD $ 16,395,232
Revenues less expenses for current yearUSD $ 24,008
Revenues less expenses for previous yearUSD $ 48,214
Total expenses for current yearUSD $ 17,056,232
Total expenses for previous yearUSD $ 11,044,084
Other expenses in current yearUSD $ 11,539,719
Other expenses in previous yearUSD $ 6,329,666
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,605,465
Employee salary and benefits paid in previous yearUSD $ 2,857,900
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,911,048
Grants and similar amounts paid in previous yearUSD $ 1,856,518
Total revenue in current fiscal yearUSD $ 17,080,240
Total revenue in previous fiscal yearUSD $ 11,092,298
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 5,125,059
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 5,156,779
Program Service Revenue from current yearUSD $ 5,945,201
Investment Income from prior yearUSD $ 14,499
Investment Income from current yearUSD $ 22,038
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 11,092,298
Net assets / fund balances at end of fiscal yearUSD $ 1,435,927
Net assets / fund balances at beginning of fiscal yearUSD $ 1,387,713
Total liabilities at end of fiscal yearUSD $ 14,959,305
Total liabilities at beginning of fiscal yearUSD $ 14,623,486
Total assets at end of fiscal yearUSD $ 16,395,232
Total assets at beginning of fiscal yearUSD $ 16,011,199
Revenues less expenses for current yearUSD $ 48,214
Revenues less expenses for previous yearUSD $ 44,401
Total expenses for current yearUSD $ 11,044,084
Total expenses for previous yearUSD $ 9,613,238
Other expenses in current yearUSD $ 6,329,666
Other expenses in previous yearUSD $ 4,194,823
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,857,900
Employee salary and benefits paid in previous yearUSD $ 2,902,916
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,856,518
Grants and similar amounts paid in previous yearUSD $ 2,515,499
Total revenue in current fiscal yearUSD $ 11,092,298
Total revenue in previous fiscal yearUSD $ 9,657,639
Contributions and grants from current yearUSD $ 5,125,059
Contributions and grants from previous yearUSD $ 4,486,361
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,857,284
Program Service Revenue from current yearUSD $ 5,156,779
Investment Income from prior yearUSD $ 2,136
Investment Income from current yearUSD $ 14,499
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 9,657,639
Net assets / fund balances at end of fiscal yearUSD $ 1,387,713
Net assets / fund balances at beginning of fiscal yearUSD $ 1,343,312
Total liabilities at end of fiscal yearUSD $ 14,623,486
Total liabilities at beginning of fiscal yearUSD $ 8,840,707
Total assets at end of fiscal yearUSD $ 16,011,199
Total assets at beginning of fiscal yearUSD $ 10,184,019
Revenues less expenses for current yearUSD $ 44,401
Revenues less expenses for previous yearUSD $ -28,197
Total expenses for current yearUSD $ 9,613,238
Total expenses for previous yearUSD $ 8,278,252
Other expenses in current yearUSD $ 4,194,823
Other expenses in previous yearUSD $ 3,979,171
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,902,916
Employee salary and benefits paid in previous yearUSD $ 2,670,328
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,515,499
Grants and similar amounts paid in previous yearUSD $ 1,628,753
Total revenue in current fiscal yearUSD $ 9,657,639
Total revenue in previous fiscal yearUSD $ 8,250,055
Contributions and grants from current yearUSD $ 4,486,361
Contributions and grants from previous yearUSD $ 4,390,635
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,651,520
Program Service Revenue from current yearUSD $ 3,857,284
Investment Income from prior yearUSD $ 3,061
Investment Income from current yearUSD $ 2,136
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 8,250,055
Net assets / fund balances at end of fiscal yearUSD $ 1,343,312
Net assets / fund balances at beginning of fiscal yearUSD $ 1,371,509
Total liabilities at end of fiscal yearUSD $ 8,840,707
Total liabilities at beginning of fiscal yearUSD $ 1,904,355
Total assets at end of fiscal yearUSD $ 10,184,019
Total assets at beginning of fiscal yearUSD $ 3,275,864
Revenues less expenses for current yearUSD $ -28,197
Revenues less expenses for previous yearUSD $ 576,934
Total expenses for current yearUSD $ 8,278,252
Total expenses for previous yearUSD $ 7,921,024
Other expenses in current yearUSD $ 3,979,171
Other expenses in previous yearUSD $ 4,525,603
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,670,328
Employee salary and benefits paid in previous yearUSD $ 2,412,648
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,628,753
Grants and similar amounts paid in previous yearUSD $ 982,773
Total revenue in current fiscal yearUSD $ 8,250,055
Total revenue in previous fiscal yearUSD $ 8,497,958
Contributions and grants from current yearUSD $ 4,390,635
Contributions and grants from previous yearUSD $ 3,843,377
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 8,569,357
Program Service Revenue from current yearUSD $ 4,651,520
Investment Income from prior yearUSD $ 5,725
Investment Income from current yearUSD $ 3,061
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 8,497,958
Net assets / fund balances at end of fiscal yearUSD $ 1,371,509
Net assets / fund balances at beginning of fiscal yearUSD $ 794,575
Total liabilities at end of fiscal yearUSD $ 1,904,355
Total liabilities at beginning of fiscal yearUSD $ 3,655,027
Total assets at end of fiscal yearUSD $ 3,275,864
Total assets at beginning of fiscal yearUSD $ 4,449,602
Revenues less expenses for current yearUSD $ 576,934
Revenues less expenses for previous yearUSD $ 42,440
Total expenses for current yearUSD $ 7,921,024
Total expenses for previous yearUSD $ 10,022,829
Other expenses in current yearUSD $ 4,525,603
Other expenses in previous yearUSD $ 5,779,028
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,412,648
Employee salary and benefits paid in previous yearUSD $ 1,976,778
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 982,773
Grants and similar amounts paid in previous yearUSD $ 2,267,023
Total revenue in current fiscal yearUSD $ 8,497,958
Total revenue in previous fiscal yearUSD $ 10,065,269
Contributions and grants from current yearUSD $ 3,843,377
Contributions and grants from previous yearUSD $ 1,490,187
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,560,085
Program Service Revenue from current yearUSD $ 8,569,357
Investment Income from prior yearUSD $ 1,902
Investment Income from current yearUSD $ 5,725
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 10,065,269
Net assets / fund balances at end of fiscal yearUSD $ 794,575
Net assets / fund balances at beginning of fiscal yearUSD $ 752,135
Total liabilities at end of fiscal yearUSD $ 3,655,027
Total liabilities at beginning of fiscal yearUSD $ 941,268
Total assets at end of fiscal yearUSD $ 4,449,602
Total assets at beginning of fiscal yearUSD $ 1,693,403
Revenues less expenses for current yearUSD $ 42,440
Revenues less expenses for previous yearUSD $ -484,026
Total expenses for current yearUSD $ 10,022,829
Total expenses for previous yearUSD $ 6,226,328
Other expenses in current yearUSD $ 5,779,028
Other expenses in previous yearUSD $ 3,461,880
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,976,778
Employee salary and benefits paid in previous yearUSD $ 2,075,348
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,267,023
Grants and similar amounts paid in previous yearUSD $ 689,100
Total revenue in current fiscal yearUSD $ 10,065,269
Total revenue in previous fiscal yearUSD $ 5,742,302
Contributions and grants from current yearUSD $ 1,490,187
Contributions and grants from previous yearUSD $ 2,180,315
2015-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,975,162
Program Service Revenue from current yearUSD $ 3,560,085
Investment Income from prior yearUSD $ 1,574
Investment Income from current yearUSD $ 1,902
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 5,742,302
Net assets / fund balances at end of fiscal yearUSD $ 752,135
Net assets / fund balances at beginning of fiscal yearUSD $ 1,236,161
Total liabilities at end of fiscal yearUSD $ 941,268
Total liabilities at beginning of fiscal yearUSD $ 1,896,080
Total assets at end of fiscal yearUSD $ 1,693,403
Total assets at beginning of fiscal yearUSD $ 3,132,241
Revenues less expenses for current yearUSD $ -484,026
Revenues less expenses for previous yearUSD $ 243,654
Total expenses for current yearUSD $ 6,226,328
Total expenses for previous yearUSD $ 6,561,502
Other expenses in current yearUSD $ 3,461,880
Other expenses in previous yearUSD $ 3,810,486
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,075,348
Employee salary and benefits paid in previous yearUSD $ 1,671,060
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 689,100
Grants and similar amounts paid in previous yearUSD $ 1,079,956
Total revenue in current fiscal yearUSD $ 5,742,302
Total revenue in previous fiscal yearUSD $ 6,805,156
Contributions and grants from current yearUSD $ 2,180,315
Contributions and grants from previous yearUSD $ 1,828,420

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 541045487

USA Location Address
722 PRESTON AVENUE
SUITE 107
CHARLOTTESVILLE
VA
22903
Date first seen: 2008-08-01
Date last seen: 2024-07-31
USA Location Address
250 W MAIN ST SUITE 300
CHARLOTTESVILLE
VA
22902
Date first seen: 2007-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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