Organizations Filed Purposes:
THE INDIANA UNIVERSITY RESEARCH AND TECHNOLOGY CORPORATION (IURTC) SERVES INDIANA UNIVERSITY, THE STATE OF INDIANA, AND THE NATION THROUGH CREATION AND APPLICATION OF THE UNIVERSITY DEVELOPED TECHNOLOGIES AND SERVICES, AND THE EXPANDED LINKAGE OF THE PRIVATE SECTOR TO THE UNIVERSITY.
INVESTMENTS - THE IURTC MANAGES THE BUSINESS AND INVESTMENTS UNDER THE INDIANA PHILANTHROPIC VENTURE FUND (IPVF) AS WELL AS INNOVATE INDIANA FUND I, LLC (IIF) REGARDING PLANNING, OPERATIONS, AND INVESTMENTS. BOTH IPVF AND IIF ARE ESTABLISHED TO ACQUIRE, HOLD, DISPOSE, AND MANAGE INVESTMENTS IN LIFE SCIENCE AND TECHNOLOGY COMPANIES. AN INVESTMENT COMMITTEE IS UTILIZED TO ASSIST WITH INVESTMENT DECISIONS.
THE QUARRY - THE QUARRY PROGRAM IS ESTABLISHED TO FULLY REALIZE THE BENEFITS OF UNIVERSITY INNOVATIONS THROUGH START-UP COMPANY FORMATION AND SUPPORT.
ANGEL NETWORK - CREATED IN FISCAL YEAR 2019, THE IURTC ENGAGES WITH HIGH NET WORTH INDIVIDUALS THROUGH THIS MEMBERSHIP NETWORK AND FACILITATES CONNECTIONS FOR STARTUP COMPANIES WITH PROSPECTIVE INVESTORS. THE ANGEL NETWORK CONTINUES THE IURTC AND THE UNIVERSITY'S MISSION OF FOSTERING A PERVASIVE ENTREPRENEURIAL CULTURE THAT CONTRIBUTES TO THE PROSPERITY OF THE STATE OF INDIANA, THE NATION, AND THE WORLD.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Teri Willey | EXECUTIVE DIRECTOR | 40 | $262,277 |
| Ken Green | VP OF ENTREPRENEURIAL VENT | 40 | $130,324 |
| Jason Whitney | ASSOCIATE VP | 40 | $129,824 |
| Michael Burton | CFO | 40 | $116,208 |
| Pat Callahan | SECRETARY | 1 | $0 |
| Fred Cate | VICE CHAIR | 1 | $0 |
| Theodore Widlanski | MEMBER | 1 | $0 |
| Bill Stephan | BOARD CHAIR | 1 | $0 |
| Jay Hess | MEMBER | 1 | $0 |
| Jane Niederberger | MEMBER | 1 | $0 |
| Scott Smart | MEMBER | 1 | $0 |
| Harry Gonso | MEMBER | 1 | $0 |
| Gary Anderson | MEMBER | 1 | $0 |
| Dennis Groth | MEMBER | 1 | $0 |
| Edward Sagebiel | MEMBER | 1 | $0 |
| David Russomanno | MEMBER | 1 | $0 |
| Patricia Martin | MEMBER | 1 | $0 |
| Elizabeth Hagerman | MEMBER | 1 | $0 |
| Charles Schalliol | TREASURER | 1 | $0 |
| Anthony Armstrong | PRESIDENT AND CEO | 40 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202101349349301925_public.xml