VIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION
800 E LEIGH STREET NO 3000, RICHMOND, VA 23219 www.research.vcu.edu

Total Revenue
$2,442,400
Total Expenses
$2,678,377
Net Assets
$3,394,738

Organizations Filed Purposes: THE FOUNDATION DETERMINES THE PATENTABILITY AND OBTAINS PATENTS ON VIRGINIA COMMONWEALTH UNIVERSITY (VCU) INVENTIONS AND MARKETS AND LICENSES SUCH INVENTIONS TO COMMERICAL ENTITIES. THE FOUNDATION'S ACTIVITIES PROMOTE RESEARCH EFFORTS AT THE SCHOOL AND RESULTING ROYALTIES PROVIDE ECONOMIC SUPPORT FOR THE UNIVERSITY. THE FOUNDATION ALSO PROVIDES PATENT AND LICENSING CLINICS FOR VCU STUDENTS AND EMPLOYED APPROXIMATELY 1 VCU STUDENT AS AN INTERN OR PART-TIME EMPLOYEE.

VIRIGNIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION'S MISSION IS TO FOSTER A CULTURE OF INNOVATION AT VIRGINIA COMMONWEALTH UNIVERSITY (VCU) AND TO PROTECT AND COMMERCIALIZE INVENTIONS CREATED BY THE VCU RESEARCH ENTERPRISE FOR THE BENEFIT OF SOCIETY.

TO PROTECT AND COMMERCIALIZE VCU TECHNOLOGIES THROUGH PATENTING AND LICENSING. DURING THE FISCAL YEAR ENDED JUNE 30, 2020, THE VIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION HAD - 133 INVENTION DISCLOSURES BY VCU INVENTORS - 172 PATENT APPLICATIONS FILED - 16 PATENTS ISSUED - 22 LICENSES - 145 TARGETED INDUSTRY ENGAGEMENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Nancy EberhardtDIRECTOR1$0
Dr Reinhold BrandDIRECTOR1$0
L Frankin BostSECRETARY1$0
Dr Gopinath JadhavDIRECTOR1$0
P Srirama RaoEX-OFFICIO1$0
Mr Spencer WilliamsonDIRECTOR1$0
Mr Gary LeclairDIRECTOR1$0
Dr Ivelina S MetchevaPRESIDENT40$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033099349302373_public.xml