NonprofitsVirginia Commonwealth University Intellectual Property Foundation

Medical Research

Virginia Commonwealth University Intellectual Property Foundation

RICHMOND, VA

Total revenue

$3.3M

Total expenses

$3.2M

Net assets

$4.6M

Grants received

$250K

1 grants

EIN

541854399

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$538K
Program service revenue$2.8M
Investment income$16K
Other revenue$59
Total revenue$3.3M

Expenses

Grants paid
Salaries & benefits$1K
Fundraising
Other expenses$3.2M
Total expenses$3.2M
Total assets$5.4M
Net assets$4.6M

People

6 listed

NameRoleCompensation

DR IVELINA S METCHEVA

PRESIDENT

Board

40 hrs/wk

MR GARY LECLAIR

DIRECTOR

Board

1 hrs/wk

MR SPENCER WILLIAMSON

DIRECTOR

Board

1 hrs/wk

P SRIRAMA RAO

EX-OFFICIO

Board

1 hrs/wk

DR DALES JONES

DIRECTOR

Board

1 hrs/wk

DR REINHOLD BRAND

DIRECTOR

Board

1 hrs/wk

Independent contractors

WHITHAM & COOK PC

DEVELOPMENT COSTS

$540K

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$250K from 1 funder · 1 grant · 2022

Virginia Innovation Partnership

$250K · 1 grant · 2022

Details

EIN541854399
NTEE codeH99Z
Subsection03
Ruling date1997-12
Formed1994
Employees0
Volunteers0
VIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION — Mission, Financials & Grants Received | Grantivo